UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                    FORM N-PX

               ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
                          MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number    811-05624
                                      ------------------------------------------

                     Morgan Stanley Institutional Fund, Inc.
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               (Exact name of registrant as specified in charter)

         1221 Avenue of the Americas, New York, New York         10020
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     (Address of principal executive offices)                  (Zip code)

                                Amy Doberman Esq

                                Managing Director

                     Morgan Stanley Investment Advisors Inc.

                           1221 Avenue of the Americas

                            New York, New York 10020
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                     (Name and address of agent for service)

Registrant's telephone number, including area code: 800-869-6397
                                                    ----------------------------

Date of fiscal year end:  12/31
                         --------------------

Date of reporting period:  7/1/04 - 6/30/05
                           ------------------




******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-05624
Reporting Period: 07/01/2004 - 06/30/2005
Morgan Stanley Institutional Fund, Inc.


With respect to the following portfolios of Morgan Stanley Institutional Fund,
Inc., there were no securities held during the period July 1, 2004 through June
30, 2005 which required proxy votes and therefore there are no voting records to
report:

China Growth Portfolio
Emerging Markets Debt Portfolio
Gold Portfolio
LargeCap Relative Value Portfolio
MicroCap Portfolio
Money Market Portfolio
Mortgage-Backed Securities Portfolio
Municipal Bond Portfolio
Municipal Money Market Portfolio
U.S. Equity Plus Portfolio


=============== MORGAN STANLEY INSTITUTIONAL FUND INC. - ACTIVE ================
===============       INTERNATIONAL ALLOCATION PORTFOLIO        ================


3I GROUP PLC

Ticker:                      Security ID:  GB0008886938
Meeting Date: JUL 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 8.9 Pence Per   For       For        Management
      Ordinary Share
4     Re-elect Baroness Hogg as Director        For       For        Management
5     Elect Philip Yea as Director              For       For        Management
6     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
8     Approve the Executive Directors           For       For        Management
      Participation in the 3i Carry Plan
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 102,257,000
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 15,338,000
11    Authorise 61,353,706 Ordinary Shares for  For       For        Management
      Market Purchase


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77 BANK LTD.

Ticker:                      Security ID:  JP3352000008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management


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ABB LTD.

Ticker:                      Security ID:  CH0012221716
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4     Approve Allocation of Income and Omission For       For        Management
      of Dividends
5.1   Reelect Roger Agnelli as Director         For       For        Management
5.2   Reelect Juergen Dormann as Director       For       For        Management
5.3   Reelect Louis Hughes as Director          For       For        Management
5.4   Reelect Hans Maerki as Director           For       For        Management
5.5   Reelect Michel de Rosen as Director       For       For        Management
5.6   Reelect Michael Treschow as Director      For       For        Management
5.7   Reelect Bernd Voss as Director            For       For        Management
5.8   Reelect Jacob Wallenberg as Director      For       For        Management
6     Ratify Ernst & Young AG as Auditors;      For       For        Management
      Ratify OBT AG as Special Auditors


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ABERTIS INFRAESTRUCTURAS (FRMELY ACESA INFRAESTRUCTURAS SA(FORMERLY AUTOPISTAS C

Ticker:                      Security ID:  ES0111845014
Meeting Date: APR 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, Allocation of
      Income and Dividends; Approve Discharge
      Directors
2     Authorize Capitalization of Reserves of   For       For        Management
      EUR 82.7 Million for a 1:20 Bonus Issue;
      Amend Article 5 Accordingly
3     Elect Management Board Members            For       For        Management
4     Approve Auditors for Invidual and         For       For        Management
      Consolidated Group
5     Authorize Repurchase of Shares and        For       For        Management
      Subsequent Cancellation
6     Authorize Issuance of Non-Covertible      For       For        Management
      Bonds/Debt Instruments
7     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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ABN AMRO HOLDING NV

Ticker:       ABN            Security ID:  NL0000301109
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Management Board        None      None       Management
2a    Approve Financial Statements and          For       For        Management
      Statutory Reports
2b    Presentation on Dividend and Reserve      For       For        Management
      Policy; Approve Dividend
2c    Approve Discharge of Management Board     For       For        Management
2d    Approve Discharge of Supervisory Board    For       For        Management
3     Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Management Board
      Members
4a    Elect Robert van den Bergh to Supervisory For       For        Management
      Board
4b    Elect Anthony Ruys to Supervisory Board   For       For        Management
5a    Discussion about Company's Corporate      None      None       Management
      Governance Structure
5b    Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7a    Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued  Ordinary Shares,
      Convertible Preference Shares, and
      Preference Financing Shares Up to 20
      Percent of Issued Capital
7b    Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 7a
8     Other Business (Non-Voting)               None      None       Management


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ABN AMRO HOLDING NV

Ticker:       ABN            Security ID:  NL0000301109
Meeting Date: AUG 25, 2004   Meeting Type: Special
Record Date:  AUG 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to Reflect Changes in      For       For        Management
      Capital: Cancel Outstanding Preference
      Shares and Issuance of New Financing
      Preference Shares
2     Grant Board Authority to Issue Ordinary   For       For        Management
      Shares, Convertible Preference Shares,
      and Financing Preference Shares up to 20
      Percent of Issued Share Capital
      Restricting/Excluding Preemptive Rights
3     Authorize Delisting of ABN AMRO Holding   For       For        Management
      N.V. Securities from Singapore Exchange


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ACCIONA SA (FORMERLY GRUPO ACCIONA SA (FORMERLY CUBIERTAS Y

Ticker:                      Security ID:  ES0125220311
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual and Consolidated        For       For        Management
      Financial Statements and Statutory
      Reports for Fiscal Year 2004
2     Accept Statutory Reports; Approve         For       For        Management
      Discharge of Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.99
4     Authorize Repurchase of Shares By Company For       For        Management
      and Subsidiaries
5     Elect Management Board                    For       For        Management
6     Reelect Auditors for Company and          For       For        Management
      Consolidated Group
7     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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ACCOR

Ticker:                      Security ID:  FR0000120404
Meeting Date: MAY 3, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.30 per Share
5     Reelect Renau d'Elissagaray as            For       For        Management
      Supervisory Board Member
6     Reelect Franck Riboud as Supervisory      For       For        Management
      Board Member
7     Elect Paul Dubrule as Supervisory Board   For       For        Management
      Member
8     Elect Thomas J. Barrack as Supervisory    For       For        Management
      Board Member
9     Elect Sebastien Bazin as Supervisory      For       For        Management
      Board Member
10    Elect Dominique Marcel as Supervisory     For       For        Management
      Board Member
11    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 305,000
12    Authorize Repurchase of Up to 19 Million  For       For        Management
      Shares
13    Authorize Issuance of 116,279 Convertible For       For        Management
      Bonds to ColLife SARL
14    Authorize Issuance of 128,205 Convertible For       For        Management
      Bonds to ColLife SARL
15    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
16    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million
17    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 100 Million
18    Authorize Capital Increase of Up to Ten   For       For        Management
      Percent of Issued Capital for Future
      Acquisitions
19    Authorize Board to Increase Capital in    For       For        Management
      the Event of Demand Exceeding Amounts
      Proposed in Items 16 and 17
20    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 200 Million for Bonus Issue or
      Increase in Par Value
21    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      300 Million
22    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
23    Authorize Up to Eight Percent of Issued   For       Against    Management
      Capital for Restricted Stock Plan
24    Amend Articles of Association to Reflect  For       For        Management
      Recent Legal Changes
25    Amend Articles to Reduce Board Terms From For       For        Management
      Six to Four Years
26    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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ACERINOX S.A.

Ticker:                      Security ID:  ES0132105018
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, and Statutory
      Reports; Approve Allocation of Income
2     Approve Discharge of Management; Approve  For       For        Management
      Payments of Dividends Made in 1-4-05 and
      4-4-05
3     Authorize Repurchase of Shares by Company For       For        Management
      or Subsidiaries
4     Approve Distribution of Bonus Charged to  For       For        Management
      the Issuance Premium Reserve
5     Approve Reduction in Capital Via          For       For        Management
      Amortization of Shares; Amend Article 5
      Accordingly
6     Amend Article 19 Re: Board Composition    For       For        Management
7     Appoint or Reelect Members to Management  For       For        Management
      Board
8     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
9     Designate Inspector(s) to Approve and     For       For        Management
      Sign Minutes of Meeting


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ACOM CO. LTD.

Ticker:                      Security ID:  JP3108600002
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 45,
      Final JY 55, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


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ACS, ACTIVIDADES DE CONSTRUCCIONES (FORMERLY GINES NAVARRO C

Ticker:                      Security ID:  ES0167050915
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements and Statutory
      Reports; Approve Allocation of Income
2     Approve Discharge of Management           For       For        Management
3     Elect Members to Management Board         For       For        Management
4     Authorize Repurchase of Shares            For       For        Management
5     Approve Auditors for Company and          For       For        Management
      Consolidated Group
6     Amend Company's Stock Option Plan         For       For        Management
      Approved at 5-20-04 AGM
7     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
8     Approve Minutes of Meeting                For       For        Management


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ADECCO SA

Ticker:       ADO            Security ID:  CH0012138605
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Receive Auditor's Report                  None      None       Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.00 per Share
5     Approve Discharge of Board and Senior     For       For        Management
      Management
6.1.1 Reelect Jakob Baer as Director            For       For        Management
6.1.2 Reelect Juergen Dormann as Director       For       For        Management
6.1.3 Reelect Philippe Foriel-Destezet as       For       For        Management
      Director
6.1.4 Reelect Klaus Jacobs as Director          For       For        Management
6.1.5 Reelect Philippe Marcel as Director       For       For        Management
6.1.6 Reelect Francis Mer as Director           For       For        Management
6.1.7 Reelect Thomas O'Neill as Director        For       For        Management
6.1.8 Reelect David Prince as Director          For       For        Management
6.1.9 Reelect Peter Ueberroth as Director       For       For        Management
6.2.1 Ratify Ernst & Young AG as Auditors       For       For        Management
6.2.2 Ratify OBT as Special Auditor             For       For        Management


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ADIDAS-SALOMON AG

Ticker:       ADDDY          Security ID:  DE0005003404
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.30 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
5     Approve Creation of EUR 41 Million Pool   For       For        Management
      of Conditional Capital with Preemptive
      Rights
6     Approve Creation of EUR 4 Million Pool of For       For        Management
      Conditional Capital without Preemptive
      Rights
7     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
8     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft as Auditors for
      Fiscal Year 2005


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ADVANCED INFO SERVICE PCL

Ticker:       AVIFY          Security ID:  TH0268010Z11
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  MAR 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Minutes of Previous AGM           For       For        Management
3     Accept Directors' Report                  For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Approve PricewaterhouseCoopers ABAS       For       For        Management
      Limited as Auditors and Authorize Board
      to Fix Their Remuneration
6     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 2.60 per Share
7     Elect Directors and Fix Their             For       For        Management
      Remuneration
8     Approve Issuance of 9.79 Million Units of For       For        Management
      Warrants to Directors, Employees, and
      Advisors of the Company
9     Approve the Issuance of 9.79 Million      For       For        Management
      Shares Reserved Exclusively for the
      Conversion of Warrants
10    Approve Issuance of Warrants to           For       For        Management
      Directors, Employees and Advisors
      Exceeding Five Percent of the Total
      Issuance
11    Approve the Issuance of 620,000 Shares    For       For        Management
      Reserved Exclusively for the Conversion
      of the ESOP Warrants Grant 1, 2, and 3
12    Other Business                            For       Against    Management


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ADVANTEST CORP.

Ticker:                      Security ID:  JP3122400009
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 25, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonus for Director     For       For        Management


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AEGIS GROUP PLC

Ticker:       AEGSY          Security ID:  GB0009657569
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 0.875 Pence Per For       For        Management
      Ordinary Share
3     Re-elect Lord Sharman as Director         For       For        Management
4     Re-elect Jeremy Hicks as Director         For       For        Management
5     Re-elect Adrian Chedore as Director       For       For        Management
6     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
8     Approve Remuneration Report               For       Abstain    Management
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 18,662,339
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,797,608
11    Authorise 55,987,018 Ordinary Shares for  For       For        Management
      Market Purchase
12    Adopt New Articles of Association         For       For        Management


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AEGON NV

Ticker:       AEG            Security ID:  NL0000301760
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2a    Discussion of Annual Report               None      None       Management
2b    Approve Financial Statements and          For       For        Management
      Statutory Reports
2c    Discussion about Company's Reserves and   None      None       Management
      Dividend Policy
2d    Approve Total Dividend of EUR 0.42        For       For        Management
2e    Approve Discharge of Executive Board      For       For        Management
2f    Approve Discharge of Supervisory Board    For       For        Management
3     Ratify Ernst & Young as Auditors          For       For        Management
4     Discussion about Company's Corporate      None      None       Management
      Governance
5a    Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
5b    Authorize J.B.M. Streppel and E.          For       For        Management
      Lagendijk to Execute Amendment to
      Articles of Incorporation
6     Approve Remuneration of Supervisory Board For       For        Management
7a    Reelect D.J. Shephard to Executive Board  For       For        Management
7b    Reelect J.B.M. Streppel to Executive      For       For        Management
      Board
8a    Elect S. Levy to Supervisory Board        For       For        Management
8b    Reelect D.G. Eustace to Supervisory Board For       For        Management
8c    Reelect W.F.C. Stevens to Supervisory     For       For        Management
      Board
8d    Announce Vacancies on Supervisory Board   None      None       Management
      in 2006
9a    Grant Board Authority to Issue Authorized For       Against    Management
      Yet Unissued Common Shares Up to 10
      Percent of Issued Share Capital (20
      Percent in Connection with Acquisition)
9b    Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 9a
9c    Authorize Board to Issue Common Shares Up For       For        Management
      to 1 Percent of Issued Share Capital for
      Incentive Plans
9d    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Other Business (Non-Voting)               None      None       Management
11    Close Meeting                             None      None       Management


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AEON CO. LTD. (FORMERLY JUSCO CO. LTD.)

Ticker:                      Security ID:  JP3388200002
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  FEB 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director                            For       For        Management
1.2   Elect Director                            For       For        Management
1.3   Elect Director                            For       For        Management
1.4   Elect Director                            For       For        Management
1.5   Elect Director                            For       Against    Management
1.6   Elect Director                            For       Against    Management
1.7   Elect Director                            For       For        Management
1.8   Elect Director                            For       For        Management


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AEON CREDIT SERVICE LTD.

Ticker:                      Security ID:  JP3131400008
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  FEB 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 40, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management


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AGFA GEVAERT NV

Ticker:                      Security ID:  BE0003755692
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' and Auditors' Reports  None      Did Not    Management
                                                          Vote
2     Accept Financial Statements               For       Did Not    Management
                                                          Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.60 per Share                     Vote
4     Receive Consolidated Financial Statements None      Did Not    Management
      and Statutory Reports (Non-Voting)                  Vote
5     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
6     Elect Chaffart, Olivie, Oosterlink, Van   For       Did Not    Management
      Miert and Verhoeven as Directors                    Vote
7     Receive Information Regarding the         None      Did Not    Management
      Remuneration of Directors                           Vote
8     Receive Statement on the Belgian Code on  None      Did Not    Management
      Corporate Governance Compliance                     Vote
      (Non-Voting)
9     Others (Non-Voting)                       None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

AGFA GEVAERT NV

Ticker:                      Security ID:  BE0003755692
Meeting Date: MAY 24, 2005   Meeting Type: Special
Record Date:  APR 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital; Amend Articles             Vote
      Accordingly
2     Amend Articles to Reduce Terms of         For       Did Not    Management
      Directors from Six to Three Years                   Vote
3     Amend Articles to Fix Retirement Age of   For       Did Not    Management
      Directors to 70 Years                               Vote
4     Amend Articles to Draw Governing Rules    For       Did Not    Management
      for the Board in Accordance with Belgian            Vote
      Code on Corporate Governance
5     Amend Articles Regarding Convening of     For       Did Not    Management
      Board Meetings                                      Vote
6     Amend Articles Regarding Representation   For       Did Not    Management
      of Board Members at Board Meetings                  Vote
7     Amend Articles to Allow Vote              For       Did Not    Management
      Deliberations at Board Meetings by                  Vote
      Conference Call or Video Conferencing
8     Amend Articles to Set Up Advisory Board   For       Did Not    Management
      Committees According to Belgian Code of             Vote
      Corporate Governance
9     Amend Articles Re: Renumeration of        For       Did Not    Management
      Directors                                           Vote
10    Amend Articles Re: Internal Rules of the  For       Did Not    Management
      Management Board According to Belgian               Vote
      Code on Corporate Governance
11    Amend Articles Re: Representation of the  For       Did Not    Management
      Company                                             Vote
12    Amend Articles Re: Share Blocking         For       Did Not    Management
      Requirements                                        Vote
13    Amend Articles Re: Shareholder Proposals  For       Did Not    Management
                                                          Vote
14    Amend Articles Re: Convening of           For       Did Not    Management
      Shareholder Meetings                                Vote
15    Authorize Implementation of Approved      For       Did Not    Management
      Resolutions and Filing of Required                  Vote
      Documents/Formalities at Trade Registry


--------------------------------------------------------------------------------

AIFUL CORP.

Ticker:                      Security ID:  JP3105040004
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 30, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonus for Director     For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
6     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

AJINOMOTO CO. INC.

Ticker:       AJINY          Security ID:  JP3119600009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6,
      Final JY 7, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

AKZO-NOBEL NV

Ticker:       AZKBF          Security ID:  NL0000009132
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
3c    Adoption of Dividend Proposal             For       For        Management
4a    Approve Discharge of Management Board     For       For        Management
4b    Approve Discharge of Supervisory Board    For       For        Management
5     Fix Number of Members of Management Board For       For        Management
      at 4
6     Elect M.A. van den Bergh and Reelect A.E. For       For        Management
      Cohen to Supervisory Board
7     Discussion of Corporate Governance        None      None       Management
8a    Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Management Board
      Members
8b    Approve Performance Related Share Plan    For       For        Management
      for Executives
8c    Approve Revised Performance Related       For       For        Management
      Option Plan for Executives
9     Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
10a   Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Common and/or Preferred
      Shares Up to 10 Percent of Issued Share
      Capital (20 Percent in Connection with
      Merger or Acquisition)
10b   Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 10a
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

ALCATEL (FORMERLY ALCATEL ALSTHOM)

Ticker:       ALA            Security ID:  FR0000130007
Meeting Date: MAY 20, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and Omission For       For        Management
      of Dividends
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect David Johnson as Director         For       For        Management
6     Reelect Pierre-Louis Lions as Director    For       For        Management
7     Reelect Philippe Bissara as Director      For       For        Management
8     Reelect Frank W. Blount as Director       For       For        Management
9     Reelect Jean-Pierre Halbron as Director   For       For        Management
10    Reelect Peter Mihatsch as Director        For       For        Management
11    Reelect Thierry de Loppinot as Director   For       For        Management
12    Reelect Bruno Vaillant as Director        For       For        Management
13    Confirm Deloitte et Associes as Auditor   For       For        Management
14    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
15    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
16    Amend Articles Re: Shareholding           For       For        Management
      Disclosure Requirement
17    Amend Articles Re: Debt Issuances         For       For        Management
18    Amend Articles Re: Retirement Age of      For       For        Management
      Board Members
19    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 750 Million
20    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 750 Million
21    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts in
      Items 19 and 20
22    Authorize Board to Set Issue Price for    For       Against    Management
      Capital Increase of Up to Ten Percent
      Without Preemptive Rights
23    Authorize Capital Increase of Up to Ten   For       For        Management
      Percent for Future Acquisitions
24    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      750 Million
25    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
26    Authorize Up to One Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
27    Approve Stock Option Plan Grants          For       Against    Management
28    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

ALFA LAVAL A B

Ticker:                      Security ID:  SE0000695876
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Bertil Villard as Chairman of       For       Did Not    Management
      Meeting                                             Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive President's Report                None      Did Not    Management
                                                          Vote
8     Receive Board Report and Committee        None      Did Not    Management
      Reports                                             Vote
9     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
10.1  Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
10.2  Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 4.75 Per Share                     Vote
10.3  Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
11    Receive Report of Nominating Committee    None      Did Not    Management
                                                          Vote
12    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 2.6 Million for             Vote
      Board Work and Committee Assignments;
      Approve Remuneration of Auditors
14    Reelect Lena Olving, Gunilla Berg, Anders For       Did Not    Management
      Narvinger (Chairman), Finn Rausing, Joern           Vote
      Rausing, and Waldemar Schmidt as
      Directors; Elect Lars Renstroem and
      Bjoern Haegglund as New Directors
15    Approve SEK 1.5 Billion Transfer of       For       Did Not    Management
      Reserves to Unrestricted Shareholders'              Vote
      Equity
16    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Five of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
17    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
18    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ALLEANZA ASSICURAZIONI SPA

Ticker:                      Security ID:  IT0000078193
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Elect Directors                           For       Against    Management
3     Appoint Board of Internal Statutory       For       For        Management
      Auditors and its Chairman; Approve
      Remuneration of Auditors


--------------------------------------------------------------------------------

ALLIANCE UNICHEM PLC (FRM.UNICHEM PLC)

Ticker:                      Security ID:  GB0009165720
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 12.25 Pence Per For       For        Management
      Share
4     Elect Ian Meakins as Director             For       For        Management
5     Re-elect Stefano Pessina as Director      For       For        Management
6     Re-elect Steve Duncan as Director         For       For        Management
7     Re-elect Neil Cross as Director           For       For        Management
8     Re-elect Paolo Scaroni as Director        For       For        Management
9     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
10    Approve Waiver on Tender-Bid Requirement  For       For        Management
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 7,473,153.10
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,790,973.80
13    Approve Scrip Dividend Program            For       For        Management
14    Amend Articles of Association Re:         For       For        Management
      Electronic Communications, Uncertificated
      Securities Regulations 2001 and Companies
      (Acquisition of Own Shares) (Treasury
      Shares) Regulations 2003
15    Approve EU Political Donations up to GBP  For       For        Management
      150,000 and EU Political Expenditure up
      to GBP 150,000


--------------------------------------------------------------------------------

ALLIANZ AG (FORMERLY ALLIANZ HOLDING AG)

Ticker:                      Security ID:  DE0008404005
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.75 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Elect Igor Landau, Dennis Snower, Franz   For       For        Management
      Fehrenbach, and Franz Humer as Members of
      the Supervisory Board; Elect Albrecht
      Schaefer and Juergen Than as Alternate
      Members of the Supervisory Board
6     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration
7     Authorize Repurchase of up to Five        For       For        Management
      Percent of Issued Share Capital for
      Trading Purposes
8     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
9     Authorize Issuance of Investment          For       For        Management
      Certificates up to Aggregate Nominal
      Value of EUR 25 Million


--------------------------------------------------------------------------------

ALLIED IRISH BANKS PLC

Ticker:       AIB            Security ID:  IE0000197834
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Declare the Final Dividend of EUR 0.39    For       For        Management
3A    Elect Michael Buckley as a Director       For       For        Management
3B    Elect Adrian Burke as a Director          For       For        Management
3C    Elect Kieran Crowley as a Director        For       For        Management
3D    Elect Colm Doherty as a Director          For       For        Management
3E    Elect Padraic M. Fallon as a Director     For       For        Management
3F    Elect Dermot Gleeson as a Director        For       For        Management
3G    Elect Don Godson as a Director            For       For        Management
3H    Elect Derek Higgs as a Director           For       For        Management
3I    Elect Gary Kennedy as a Director          For       For        Management
3J    Elect John B. McGuckian as a Director     For       For        Management
3K    Elect Aidan McKeon as a Director          For       For        Management
3L    Elect Jim O'Leary as a Director           For       For        Management
3M    Elect Michael J. Sullivan as a Director   For       For        Management
3N    Elect Robert G. Wilmers as a Director     For       For        Management
3O    Elect Jennifer Winter as a Director       For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      KPMG Auditors
5     Authorize Share Repurchase of 90 Million  For       For        Management
      Shares, Representing 10 Percent of the
      Share Capital
6     Set the Price Range for the Off-Market    For       For        Management
      Reissue of Treasury Shares
7     Renew the Directors' Authority to Allot   For       For        Management
      Shares Representing 5 Percent of the
      Share Capital
8     Approve 2005 Performance Share Plan       For       For        Management
9     Remove KPMG as Auditors                   Against   Against    Shareholder
10    Appoint Niall Murphy, a Shareholder       Against   Against    Shareholder
      Nominee, as a Director


--------------------------------------------------------------------------------

ALPHA BANK (FORMERLY ALPHA CREDIT BANK )

Ticker:                      Security ID:  GRS015013006
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Discharge Of Board and Auditors   For       Did Not    Management
                                                          Vote
3     Approve Principal and Substitute Auditors For       Did Not    Management
      for 2005 and Authorize Board to Fix Their           Vote
      Remuneration
4     Ratify Election of a Director in          For       Did Not    Management
      Replacement of Resigned Board Member                Vote
5     Elect Directors; Designate Independence   For       Did Not    Management
      of Members                                          Vote
6     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
7     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
8     Authorize Capitalization of Reserves for  For       Did Not    Management
      Bonus Issue; Amend Article Accordingly              Vote
9     Approve Stock Option Plan                 For       Did Not    Management
                                                          Vote
10    Authorize Board and Managers of the       For       Did Not    Management
      Company to Participate in Boards and                Vote
      Management of Similar Companies


--------------------------------------------------------------------------------

ALPHA BANK (FORMERLY ALPHA CREDIT BANK )

Ticker:                      Security ID:  GRS015013006
Meeting Date: MAR 1, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Draft Merger Agreement and Deed   For       Did Not    Management
      Contract For the Merger of the Company              Vote
      With 'Delta Singular S.A.' by Absorption
      of the Latter; Grant Authorization to
      Board to Sign Notary Papers Regarding the
      Merger
2     Authorize Increase in Capital Due to      For       Did Not    Management
      Merger; Amend Article 5 Accordingly                 Vote
3     Approve Actions, Statements and           For       Did Not    Management
      Announcements of the Board, Their                   Vote
      Substitutes and Proxies As They Relate to
      the Merger


--------------------------------------------------------------------------------

ALPHA BANK (FORMERLY ALPHA CREDIT BANK )

Ticker:                      Security ID:  GRS015013006
Meeting Date: MAY 24, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Stock Option Plan for Directors   For       Did Not    Management
      and Employees of the Company and Company            Vote
      Subsidiaries


--------------------------------------------------------------------------------

ALPS ELECTRIC CO. LTD.

Ticker:       APELY          Security ID:  JP3126400005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6,
      Final JY 10, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       Against    Management
      Size - Authorize Share Repurchases at
      Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditors


--------------------------------------------------------------------------------

ALTADIS S.A. (FORMERLY TABACALERA, S.A.)

Ticker:                      Security ID:  ES0177040013
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, Allocation of
      Income and Distribution of Dividend, and
      Discharge Directors
2     Fix Number of Directors; Ratify and       For       For        Management
      Reelect Directors
3     Approve Auditors for Company and          For       For        Management
      Consolidated Group
4     Amend Articles Re: Board                  For       For        Management
      Composition/Election, Board Meetings,
      Board Representation, Executive's
      Committee Composition and Meetings,
      Creation of a Strategic, Ethic, and
      Corporate Governance Committee, and
      Creation of 'Consejero Delegado' Position
5     Approve Reduction in Capital Via          For       For        Management
      Amortization of Shares; Amend Articles
      Accordingly
6     Authorize Repurchase of Shares            For       For        Management
7     Authorize Issuance of Non-Convertible     For       For        Management
      Bonds/Debentures or Other Debt
      Instruments
8     Approve Stock Option Plan for Management, For       For        Management
      Directors, and Employees
9     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

ALTANA AG

Ticker:                      Security ID:  DE0007600801
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.95 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
5     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors for Fiscal Year 2005
6     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)
7     Authorize Share Repurchase Program and    For       For        Management
      Reissuance or Cancellation of Repurchased
      Shares


--------------------------------------------------------------------------------

ALUMINA LTD (FORMERLY WMC LIMITED)

Ticker:                      Security ID:  AU000000AWC3
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Elect Ronald J. McNeilly as Director      For       For        Management
3     Elect Mark R. Rayner as Director          For       For        Management
4     Renew Partial Takeover Provision          For       For        Management


--------------------------------------------------------------------------------

ALUMINUM CORPORATION OF CHINA LTD

Ticker:                      Security ID:  CN0007659070
Meeting Date: JUN 9, 2005    Meeting Type: Annual
Record Date:  MAY 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Directors            For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Profit Distribution Plan and      For       For        Management
      Final Dividend Distribution Plan and
      Authorize Board to Distribute Such
      Dividend to its Shareholders
5     Elect Shi Chungui as Non-Executive        For       For        Management
      Director
6     Approve Remuneration and Relevant         For       For        Management
      Subsidies of Directors and Supervisors
      for the Year Ending December 31, 2005 and
      the Discretionary Bonus for 2004
7     Appoint PricewaterhouseCoopers, Hong Kong For       For        Management
      Certified Public Accountants and
      PricewaterhouseCoopers Zhong Tian CPAs
      Limited Company as International and PRC
      Auditors, Respectively, and Authorize
      Board to Fix Their Remuneration
8     Approve Proposed Change to the Company's  For       Against    Management
      Business Scope and Proposed Associated
      Amendments to the Articles of Association
9a1   Approve Issue of a Maximum of 1.5 Billion For       For        Management
      Domestic Listed RMB Denominated Ordinary
      Shares (A Shares)
9a2   Approve Nominal Value of RMB 1.0 Per A    For       For        Management
      Share
9a3   Approve Listing of A Shares on the        For       For        Management
      Shanghai Stock Exchange
9a4   Approve Target Subscribers of the A       For       For        Management
      Shares
9a5   Approve Issue Price of the A Shares       For       For        Management
9a6   Approve Equal Rank of New A Shares in     For       For        Management
      Respect of All Undistributed Retained
      Profits of the Company at the Time the
      Proposed A Share Issue Takes Place
9a7   Authorize Board to Deal with All Matters  For       For        Management
      in Relation to the Proposed A Share Issue
9a8   Approve That Resolutions Relating to the  For       For        Management
      Proposed A Share Issue be Effective for a
      Period of 12 Months from the Date the
      Relevant Resolutions are Passed
9b    Approve Intended Use of Proceeds from the For       For        Management
      Proposed Issue of A Shares
9c    Amend Articles Re: Proposed Issue of A    For       For        Management
      Shares
10    Approve Issuance H Shares without         For       Against    Management
      Preemptive Rights
11    Approve Issue of Short-Term Debenture in  For       For        Shareholder
      the Principal Amount of Up to RMB 5.0
      Billion and Grant of Unconditional
      Mandate to Directors to Determine the
      Terms and Conditions of and All Matters
      Relating to the Proposed Issue of
      Short-Term Debenture


--------------------------------------------------------------------------------

ALUMINUM CORPORATION OF CHINA LTD

Ticker:                      Security ID:  CN0007659070
Meeting Date: SEP 28, 2004   Meeting Type: Special
Record Date:  AUG 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Kang Yi as an Independent           For       For        Management
      Non-Executive Director


--------------------------------------------------------------------------------

AMADA CO. LTD.

Ticker:                      Security ID:  JP3122800000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 10, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
3.3   Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


--------------------------------------------------------------------------------

AMCOR LTD.

Ticker:       AMCR           Security ID:  AU000000AMC4
Meeting Date: OCT 28, 2004   Meeting Type: Annual
Record Date:  OCT 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect Chris Roberts as Director           For       For        Management
2b    Elect Geoff Tomlinson as Director         For       For        Management
3     Amend Constitution RE: Sale of            For       For        Management
      Unmarketable Parcels


--------------------------------------------------------------------------------

AMEC PLC

Ticker:                      Security ID:  GB0000282623
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 7.2 Pence Per   For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Approve the Remuneration Policy Set Out   For       For        Management
      in the Directors' Remuneration Report
5     Re-elect Peter Byrom as Director          For       For        Management
6     Re-elect Tim Faithfull as Director        For       For        Management
7     Re-elect Sir Peter Mason as Director      For       For        Management
8     Re-elect John Early as Director           For       For        Management
9     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
10    Authorise 33,212,198 Shares for Market    For       For        Management
      Purchase
11    Approve AMEC Savings Related Share Option For       For        Management
      Scheme 2005 and AMEC International
      Savings Related Share Option Scheme 2005
12    Amend AMEC Performance Share Plan 2002    For       For        Management


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AMMB HOLDINGS BERHAD

Ticker:                      Security ID:  MYL1015OO006
Meeting Date: JAN 31, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Privatization of AMFB Holdings    For       Against    Management
      Bhd (AMFB) Through the Acquisition by the
      Company of 188.93 Million Ordinary Shares
      of MYR1.00 Each Representing 35.72
      Percent of the Issued and Paid-Up Share
      Capital of AMFB Via a Scheme of Agreement
2     Approve Listing of the Investment Banking For       Against    Management
      Group of the Company Via AmInvestment
      Group Bhd
3     Approve Share Split Whereby Every One     For       For        Management
      Existing Ordinary Share of MYR1.00 Each
      Held Will be Split Into Two New Ordinary
      Shares of MYR0.50 Each
4     Approve Restricted Issue of New Ordinary  For       Against    Management
      Shares in AmInvestment Group Bhd (AIGB)
      to Azman Hashim and Companies Connected
      to Him and Special Issue/Offer of AIGB
      Shares to Azman Hashim as an Approved
      Bumiputera Shareholder
5     Approve Restricted Offer for Sale of      For       Against    Management
      Ordinary Shares of MYR1.00 Each in
      AmInvestment Group Bhd to Azlan Hashim
6     Approve Restricted Offer for Sale of      For       Against    Management
      Ordinary Shares of MYR1.00 Each in
      AmInvestment Group Bhd to Mohammed Hanif
      bin Omar
7     Approve Restricted Offer for Sale of      For       Against    Management
      Ordinary Shares of MYR1.00 Each in
      AmInvestment Group Bhd to Cheah Tek Kuang
1     Amend Clause 5 of the Company's           For       For        Management
      Memorandum of Association Re: Change in
      Share Capital of the Company to MYR5
      Billion Divided into 10 Billion Shares of
      MYR0.50 Each
2     Amend Article 3 of the Company's Articles For       For        Management
      of Association Re: Change in Authorized
      Capital of the Company to MYR5 Billion
      Divided into 10 Billion Shares of MYR0.50
      Each
3     Amend Article 88 of the Company's         For       For        Management
      Articles of Association Re: Number of
      Directors Shall Not Be Less Than Three
      And Shall Not Be Subject to Any Maximum


--------------------------------------------------------------------------------

AMMB HOLDINGS BERHAD

Ticker:                      Security ID:  MYL1015OO006
Meeting Date: SEP 29, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition by AmBank Bhd of 14.1 For       For        Management
      Million Ordinary Shares of MYR1.00 Each
      of AmAssurance Bhd from ABH Holdings Sdn
      Bhd for a Cash Consideration of MYR44.6
      Million
2     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Arab-Malaysian
      Corporation Bhd Group
3     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with AMFB Holdings Bhd Group
4     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with AMDB Bhd Group
5     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Computer Systems
      Advisers (M) Bhd Group
6     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Unigaya Protection
      System Sdn Bhd Group
7     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Modular Corp (M) Sdn
      Bhd Group


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AMMB HOLDINGS BERHAD

Ticker:                      Security ID:  MYL1015OO006
Meeting Date: SEP 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Mar.
      31, 2004
2     Approve First and Final Dividend of Four  For       Against    Management
      Percent Less Tax for the Financial Year
      Ended Mar. 31, 2004
3     Approve Remuneration of Directors for the For       For        Management
      Financial Year Ended Mar. 31, 2004
4     Elect Azman Hashim as Director            For       For        Management
5     Elect Cheah Tek Kuang as Director         For       For        Management
6     Elect Izham bin Mahmud as Director        For       For        Management
7     Elect Shalina Azman as Director           For       For        Management
8     Elect Aris Othman as Director             For       For        Management
9     Elect Clifford Francis Herbert as         For       For        Management
      Director
10    Elect Mohd Ibrahim bin Mohd Zain as       For       For        Management
      Director
11    Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
12    Approve Issuance of Shares Pursuant to    For       Against    Management
      Employees' Share Option Scheme II
13    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital


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AMP LIMITED

Ticker:                      Security ID:  AU000000AMP6
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAY 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2a    Elect John Frederick Astbury as Director  For       For        Management
2b    Elect Richard John Grellman as Director   For       For        Management
3     Approve Reduction in Stated Capital       For       For        Management
4     Amend Constitution Re: Closing Dates,     For       For        Management
      Methods for Payments of Dividends,
      Electronic Media for Serving Notices, and
      Certain Terminology


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AMVESCAP PLC

Ticker:                      Security ID:  GB0001282697
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 5 Pence Per     For       For        Management
      Ordinary Share
4     Re-elect Rex Adams as Director            For       For        Management
5     Re-elect Sir John Banham as Director      For       For        Management
6     Re-elect Charles Brady as Director        For       For        Management
7     Re-elect Denis Kessler as Director        For       For        Management
8     Elect Edward Lawrence as Director         For       For        Management
9     Re-elect Bevis Longstreth as Director     For       For        Management
10    Elect John Rogers as Director             For       For        Management
11    Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 59,750,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 10,125,000
14    Authorise 81,076,000 Ordinary Shares for  For       For        Management
      Market Purchase
15    Amend Articles of Association Re:         For       For        Management
      Division of Responsibilities Between
      Chairman and Chief Executive
16    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors


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ANGANG NEW STEEL COMPANY

Ticker:                      Security ID:  CN0009082362
Meeting Date: FEB 28, 2005   Meeting Type: Special
Record Date:  JAN 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Approve Issue of Domestic Shares,         For       For        Management
      PRC-Listed Domestic Shares and Listed
      Foreign Shares Under the Rights Issue and
      Issue of Domestic Shares Under the
      Domestic Share Placing
1b    Approve Par Value of RMB1.0 of Each       For       For        Management
      Domestic Share and H Share
1c    Approve All Existing Shareholders of the  For       For        Management
      Company and Anshan Iron & Steel Group
      Complex (Angang Hldg.) as the Target
      Subscribers Under the Rights Issue and
      Domestic Share Placing, Respectively
1d    Approve Offer of Rights Shares (Rights    For       For        Management
      Shares) on the Basis of Eight Rights
      Shares for Every 10 Existing Shares to
      Shareholders and Placing of Additional
      State-Owned Shares of Not More Than 3
      Billion Shares to Angang Hldg.
1e    Approve Number of Shares to be Issued     For       For        Management
      Under the Rights Issue and the Domestic
      Share Placing
1f    Approve Subscription Price for the Rights For       For        Management
      Shares and the Shares Placed Under the
      Domestic Share Placing
1g    Approve Use of Proceeds Resulting from    For       For        Management
      the Rights Issue and Domestic Share
      Placing to Finance the Acquisition
1h    Approve Validity Period of 12 Months from For       For        Management
      the Date of Approval for the Special
      Resolutions Approving the Proposal for
      the Rights Issue and Domestic Share
      Placing
1i    Waive Requirement for Mandatory Offer to  For       For        Management
      All Shareholders


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ANGANG NEW STEEL COMPANY

Ticker:                      Security ID:  CN0009082362
Meeting Date: FEB 28, 2005   Meeting Type: Special
Record Date:  JAN 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition by Angang New Steel   For       For        Management
      Co. Ltd. (the Company) from Anshan Iron &
      Steel Grp. Complex of the Entire Equity
      Interest of Angang New Steel & Iron Co.
      Ltd. at An Initial Cash Consideration of
      RMB18.02 Billion
2     Approve Issue of New Shares Pursuant to   For       For        Management
      the Rights Issue and the Domestic Share
      Placing
3     Approve the Feasibility Study Report on   For       For        Management
      the Use of Funds Raised from the Rights
      Issue and Domestic Share Placing
4     Approve Report on the Use of Funds Raised For       For        Management
      in Previous Fund Raising Exercises
      Prepared by the Board
5a    Approve Issue of Domestic Shares,         For       For        Management
      PRC-Listed Domestic Shares and Listed
      Foreign Shares Under the Rights Issue and
      Issue of Domestic Shares Under the
      Domestic Share Placing
5b    Approve Par Value of RMB1.0 of Each       For       For        Management
      Domestic Share and H Share
5c    Approve All Existing Shareholders of the  For       For        Management
      Company and Anshan Iron & Steel Group
      Complex (Angang Hldg.) as the Target
      Subscribers Under the Rights Issue and
      Domestic Share Placing, Respectively
5d    Approve Offer of Rights Shares (Rights    For       For        Management
      Shares) on the Basis of Eight Rights
      Shares for Every 10 Existing Shares to
      Shareholders and Placing of Additional
      State-Owned Shares of Not More Than 3
      Billion Shares to Angang Hldg.
5e    Approve Number of Shares to be Issued     For       For        Management
      Under the Rights Issue and the Domestic
      Share Placing
5f    Approve Subscription Price for the Rights For       For        Management
      Shares and the Shares Placed Under the
      Domestic Share Placing
5g    Approve Use of Proceeds Resulting from    For       For        Management
      the Rights Issue and Domestic Share
      Placing to Finance the Acquisition
5h    Approve Validity Period of 12 Months from For       For        Management
      the Date of Approval for the Special
      Resolutions Approving the Proposal for
      the Rights Issue and Domestic Share
      Placing
5i    Waive Requirement for Mandatory Offer to  For       For        Management
      All Shareholders
6     Approve Connected Transaction with a      For       For        Management
      Related Party and Annual Caps
7     Approve Proposal that Existing and New    For       For        Management
      Shareholders of the Company Will Be
      Entitled to Sharing the Undistributed
      Retained Profits Before Completion of the
      Rights Issue and Domestic Share Placing
8     Authorize Board to Handle All Matters and For       For        Management
      Do All Acts Necessary in Implementing the
      Acquisition, Rights Issue, Domestic Share
      Placing, Whitewash Waiver and the Supply
      of Materials and Services Agreement for a
      Period of 12 Months
9     Approve Proposal to Construct a 2130mm    For       For        Management
      Cold Rolling Line


--------------------------------------------------------------------------------

ANGANG NEW STEEL COMPANY

Ticker:                      Security ID:  CN0009082362
Meeting Date: MAY 9, 2005    Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Profit Distribution Plan for 2004 For       For        Management
5     Approve Remuneration of Directors and     For       For        Management
      Supervisors for 2004
6     Apppoint Auditors and Authorize Board to  For       For        Management
      Fix Their Remuneration
7     Approve Estimate of the Continuing        For       For        Management
      Connected Transactions for 2005
8     Elect Wang Xiaobin as Independent         For       For        Management
      Director
9     Approve Board of Directors Report on Use  For       For        Management
      of Funds Raised in Previous Fund Raising
      Exercise
10    Amend Articles of Association             For       For        Management
11    Authorize Board to Approve and Execute    For       For        Management
      All Documents and Things Necessary to
      Amend the Articles of Association


--------------------------------------------------------------------------------

ANGLO AMERICAN PLC (FORMERLY ANGLO AME. CORP. OF S. AFRICA L

Ticker:                      Security ID:  GB0004901517
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 51 US Cents Per For       For        Management
      Share
3     Elect R Medori as Director                For       For        Management
4     Elect R Alexander as Director             For       For        Management
5     Elect D Hathorn as Director               For       For        Management
6     Elect S Thompson as Director              For       For        Management
7     Re-elect R Godsell as Director            For       For        Management
8     Re-elect A Trahar as Director             For       For        Management
9     Re-elect K Van Miert as Director          For       For        Management
10    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Remuneration Report               For       For        Management
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 248,500,000
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 37,250,000
15    Authorise 149,000,000 Shares for Market   For       For        Management
      Purchase


--------------------------------------------------------------------------------

ANTENA 3 DE TELEVISION SA, MADRID

Ticker:                      Security ID:  ES0109427635
Meeting Date: MAR 9, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements for Fiscal Year
      Ended 12-31-04 and Approve Discharge
      Directors
2     Approve Allocation of Income and          For       For        Management
      Dividends
3     Ratify Board Members Appointed by the     For       For        Management
      Management Board
4     Approve Increase in Share Capital to      For       For        Management
      222.2 Million from 55.6 Million Shares by
      Reducing the Nominal Value of Shares to
      EUR 0.75 from EUR 3 Per Share
5     Approve Creation of Foundations           For       For        Management
6     Authorize Repurchase of Shares to Service For       For        Management
      Incentive Compensation Scheme Approved at
      the AGM Held on 5-12-04
7     Approve Auditors for Company and for      For       For        Management
      Consolidated Group
8     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

ARACRUZ CELULOSE

Ticker:                      Security ID:  BRARCZACNPB3
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
3     Approve Capital Budget                    For       Did Not    Management
                                                          Vote
4     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
5     Elect Members to the Board of Directors   For       Did Not    Management
                                                          Vote
6     Approve Remuneration of Directors and     For       Did Not    Management
      Members of the Supervisory Board                    Vote
7     Amend Arts. 15, 17 and 19 of the Bylaws   For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ARCELOR S.A.

Ticker:                      Security ID:  LU0140205948
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Accept Financial Statements               For       For        Management
3     Accept Consolidated Financial Statements  For       For        Management
4     Approve Allocation of Income, Directors'  For       For        Management
      Fees, and Dividend
5     Approve Discharge of Directors            For       For        Management
6     Elect Directors                           For       For        Management
7     Authorize Repurchase of Company's Shares  For       For        Management


--------------------------------------------------------------------------------

ARM HOLDINGS PLC

Ticker:                      Security ID:  GB0000595859
Meeting Date: APR 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 0.42 Pence Per  For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Elect Jeremy Scudamore as Director        For       For        Management
5     Elect Philip Rowley as Director           For       For        Management
6     Elect Simon Segars as Director            For       For        Management
7     Re-elect Sir Robin Saxby as Director      For       For        Management
8     Re-elect Mike Muller as Director          For       For        Management
9     Re-elect Tudor Brown as Director          For       For        Management
10    Re-elect Doug Dunn as Director            For       For        Management
11    Re-elect John Scarisbrick as Director     For       For        Management
12    Re-elect Tim Score as Director            For       For        Management
13    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
14    Authorise 136,800,000 Shares for Market   For       For        Management
      Purchase


--------------------------------------------------------------------------------

ARM HOLDINGS PLC

Ticker:                      Security ID:  GB0000595859
Meeting Date: DEC 23, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Artisan            For       For        Management
      Components, Inc.; Increase Authorised
      Share Capital to GBP 1.1 Million;
      Authorise Consideration Shares; Increase
      Number of Directors to 16 and Exclude
      Artisan Stock Options from Dilution Limit
      in Existing ARM Share Plans
2     Elect Mark Templeton as Director          For       For        Management
3     Elect Lucio Lanza as Director             For       For        Management
4     Amend Articles of Association Re: Number  For       For        Management
      of Directors and other General Matters


--------------------------------------------------------------------------------

ARRIVA PLC (FORMERLY COWIE GROUP)

Ticker:                      Security ID:  GB0002303468
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 14.07 Pence Per For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Elect Sir Richard Broadbent as Director   For       For        Management
5     Re-elect Steve Lonsdale as Director       For       For        Management
6     Re-elect Steve Clayton as Director        For       For        Management
7     Re-elect David Martin as Director         For       For        Management
8     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to the Authorised but Unissued
      Share Capital of the Company at the Date
      of the Passing of this Resolution
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 489,374
11    Authorise 29,362,485 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

ASAHI BREWERIES LTD.

Ticker:                      Security ID:  JP3116000005
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.5,
      Final JY 7.5, Special JY 0
2     Approve Executive Stock Option Plan       For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


--------------------------------------------------------------------------------

ASAHI GLASS CO. LTD.

Ticker:                      Security ID:  JP3112000009
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6,
      Final JY 6, Special JY 0
2     Amend Articles to: Limit Legal Liability  For       For        Management
      of Directors and Statutory Auditors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       Against    Management
6     Approve Retirement Bonuses to Statutory   For       For        Management
      Auditors and Special Payments to
      Continuing Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System


--------------------------------------------------------------------------------

ASAHI KASEI CORP. (FRM. ASAHI CHEMICAL INDUSTRY)

Ticker:                      Security ID:  JP3111200006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 4, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

ASATSU-DK INC.

Ticker:                      Security ID:  JP3109800007
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 11, Special JY 0
2     Amend Articles to Allow Non-Shareholders  For       For        Management
      to Act as Proxies for Shareholders of the
      Company
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

ASCENDAS REAL ESTATE INVESTMENT TRUST

Ticker:                      Security ID:  SG1M77906915
Meeting Date: NOV 2, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Pte Lot A20639     For       Against    Management
      Together with the Property Erected
      Thereon as well as the Plant and
      Equipment Relating Thereto by A-REIT from
      Ascendas Land (Singapore) Pte Ltd.
      (Ascendas) for an Aggregate Consideration
      of SGD 50.9 Million
2     Approve Issuance of Infineon              For       Against    Management
      Consideration Units to Ascendas
3     Approve Acquisition of Lot 13100W Mukim   For       Against    Management
      18 Together with the Property Erected
      Thereon as well as the Plant and
      Equipment Relating Thereto by A-REIT from
      Ascendas for an Aggregate Consideration
      of SGD 75.0 Million
4     Approve Issuance of Techpoint             For       Against    Management
      Consideration Units
5     Approve Issue and Offer of Such Number of For       Against    Management
      New Units in A-REIT as would be Required
      to Raise Up to SGD 400 Million in Gross
      Proceeds
6     Approve Placement of Up to Such Number of For       Against    Management
      New Units under the Private Placement
      Tranche of the Equity Fund Raising to MGM
      Singapore Pte Ltd. as would be Required
      to Maintain its Unitholdings at Its
      Pre-placement Level as at the Latest
      Practicable Date
7     Amend Trust Deed with the Issue Price     For       Against    Management
      Supplement
8     Amend Trust Deed with the Management Fee  For       Against    Management
      Supplement
9     Approve Earlier Placement and Approve     For       Against    Management
      Issuance of Shares without Preemptive
      Rights


--------------------------------------------------------------------------------

ASML HOLDING NV (FORMERLY ASM LITHOGRAPHY HLDG)

Ticker:                      Security ID:  NL0000334365
Meeting Date: AUG 26, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Announcement of Retirement of     None      For        Management
      D.J. Dunn as President and CEO of the
      Company; Receive Announcement of Intended
      Appointment of E. Meurice as New
      President and CEO
3     Other Business (Non-Voting)               None      None       Management
4     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

ASSA ABLOY

Ticker:                      Security ID:  SE0000255648
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Georg Ehrnrooth as Chairman of      For       Did Not    Management
      Meeting                                             Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive President's Report                None      Did Not    Management
                                                          Vote
8     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive Consolidated             Vote
      Financial Statements and Statutory
      Reports
9.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports; Accept Consolidated Financial              Vote
      Statements and Statutory Reports as of
      December 31, 2004
9.2   Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 2.60 Per Share                     Vote
9.3   Approve Record Date (May 2, 2005) for     For       Did Not    Management
      Allocation of Dividends                             Vote
9.4   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
10    Determine Number of Members (9) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 3.6 Million;                Vote
      Approve Remuneration for Committee Work
      in the Amount of SEK 100,000 for Chairmen
      and SEK 50,000 for Other Members; Approve
      Remuneration of Auditors
12    Reelect Bo Dankis, Carl Douglas, Gustaf   For       Did Not    Management
      Douglas, Georg Ehrnrooth (Chair),                   Vote
      Per-Olof Eriksson, Lotta Lunden,
      Sven-Christer Nilsson, Melker Schoerling,
      and Carl-Henric Svanberg as Directors
13    Elect Gustaf Douglas (Chair), Staffan     For       Did Not    Management
      Grefbaeck, Marianne Nilsson, and Melker             Vote
      Schoerling as Members of Nominating
      Committee
14    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ASSICURAZIONI GENERALI SPA

Ticker:                      Security ID:  IT0000062072
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Appoint Internal Statutory Auditors and   For       For        Management
      its Chairman; Approve Remuneration of
      Auditors
3     Approve Issuance of Shares Pursuant to    For       Against    Management
      Share Option Scheme in Favor of Chairman
      and co-CEOs; Approve Issuance of Shares
      Pursuant to Share Option Scheme in Favor
      of Company Employees
4     Amend Article 20.1 of the Bylaws Re:      For       Against    Management
      Power to Issue Non-Convertible Bonds


--------------------------------------------------------------------------------

ASSOCIATED BRITISH PORTS HOLDINGS PLC

Ticker:                      Security ID:  GB0000564343
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 9 Pence Per     For       For        Management
      Ordinary Share
4     Re-elect Bo Lerenius as Director          For       For        Management
5     Re-elect Chris Clark as Director          For       For        Management
6     Re-elect Andrew Simon as Director         For       Against    Management
7     Re-elect Aubrey Adams as Director         For       For        Management
8     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 25,909,643
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,886,446
12    Authorise 31,000,000 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

ASTELLAS PHARMA INC. (FRMLY. YAMANOUCHI PHARMACEUTICAL CO. LTD.)

Ticker:                      Security ID:  JP3942400007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 16, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditors, and Special
      Payments to Continuing Directors and
      Statutory Auditor in Connection with
      Abolition of Retirement Bonus System
4     Approve Deep Discount Stock Option Plan   For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

ASTRAZENECA PLC (FORMERLY ZENECA PLC)

Ticker:       ZEN            Security ID:  GB0009895292
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Confirm First Interim Dividend of USD     For       For        Management
      0.295 Per Share and Confirm as Final
      Dividend the Second Interim Dividend of
      USD 0.645 Per Share
3     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
4     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
5a    Re-elect Louis Schweitzer as Director     For       For        Management
5b    Re-elect Hakan Mogren as Director         For       For        Management
5c    Re-elect Sir Tom McKillop as Director     For       For        Management
5d    Re-elect Jonathan Symonds as Director     For       For        Management
5e    Elect John Patterson as Director          For       For        Management
5f    Elect David Brennan as Director           For       For        Management
5g    Re-elect Sir Peter Bonfield as Director   For       For        Management
5h    Re-elect John Buchanan as Director        For       For        Management
5i    Re-elect Jane Henney as Director          For       For        Management
5j    Re-elect Michele Hooper as Director       For       For        Management
5k    Re-elect Joe Jimenez as Director          For       For        Management
5l    Re-elect Erna Moller as Director          For       For        Management
5m    Re-elect Dame Bridget Ogilvie as Director For       For        Management
5n    Re-elect Marcus Wallenberg as Director    For       Against    Management
6     Approve Remuneration Report               For       For        Management
7     Approve AstraZeneca Performance Share     For       For        Management
      Plan
8     Approve EU Political Donations and EU     For       For        Management
      Political Expenditure up to USD 150,000
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 136,488,521
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 20,473,278
11    Authorise up to Ten Percent of the Issued For       For        Management
      Share Capital for Market Purchase


--------------------------------------------------------------------------------

ATLAS COPCO AB

Ticker:       ATLKY          Security ID:  SE0000101032
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Elect Sune Carlsson as      For       Did Not    Management
      Chairman of Meeting                                 Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
7     Receive President's Report                None      Did Not    Management
                                                          Vote
8     Receive Report on Board, Audit and        None      Did Not    Management
      Compensation Committees, and Principles             Vote
      for Remuneration of Management
9a    Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
9b    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
9c    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 9 Per Share                        Vote
9d    Approve Record Date for Receiving         For       Did Not    Management
      Dividend                                            Vote
10    Determine Number of Members (9) and       For       Did Not    Management
      Deputy Members of Board                             Vote
11    Reelect Sune Carlsson, Jacob Wallenberg,  For       Did Not    Management
      Gunnar Brock, Staffan Bohman, Kurt                  Vote
      Hellstroem, Thomas Leysen, Ulla Litzen,
      Grace Reksten Skaugen, and Anders Ullberg
      as Directors
12    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 3.7 Million                 Vote
13a   Amend Articles Re: Decrease Par Value     For       Did Not    Management
      from SEK 5 to SEK 1.25 Per Share;                   Vote
      Redemption of Shares
13b   Approve SEK 262 Million Reduction in      For       Did Not    Management
      Share Capital via Redemption of Series A            Vote
      and B Shares and SEK 733.6 Million
      Reduction of Share Premium Reserve
13c   Approve New Issue of Series C Shares in   For       Did Not    Management
      Connection with Redemption of Shares                Vote
13d   Approve SEK 262 Million Reduction in      For       Did Not    Management
      Share Capital via Redemption of Series C            Vote
      Shares and SEK 733.6 Million Reduction of
      Share Premium Reserve
13e   Authorize President to Make Minor         For       Did Not    Management
      Adjustments to Decisions under Items                Vote
      13a-13d
14    Presentation of Work Perfomed by          For       Did Not    Management
      Nomination Group; Authorize Chairman of             Vote
      Board and Representatives of Four Largest
      Shareholders to Serve on Nomination
      Committee
15    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ATOS ORIGIN (FORMERLY ATOS)

Ticker:                      Security ID:  FR0000051732
Meeting Date: JUN 3, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Approve Accounting Transfer from          For       For        Management
      Long-Term Capital Gains Accounts to Other
      Reserve
3     Approve Allocation of Income and Omission For       For        Management
      of Dividends
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Reelect Didier Cherpitel as Supervisory   For       For        Management
      Board Member
7     Reelect Dominique Bazy as Supervisory     For       For        Management
      Board Member
8     Reelect Philippe Germond as Supervisory   For       For        Management
      Board Member
9     Reelect Jean-Francois Theodore as         For       For        Management
      Supervisory Board Member
10    Elect Diethart Breipohl as Supervisory    For       For        Management
      Board Member
11    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 300,000
12    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
13    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 22.4 Million
14    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 22.4 Million
15    Authorize Capital Increase of Up to Ten   For       For        Management
      Percent of Issued Capital for Future
      Exchange Offers
16    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
17    Authorize Up to Ten Percent of Issued     For       Against    Management
      Capital For Use in Restricted Stock Plan
18    Approve Capital Increase Reserved for     For       Against    Management
      Atos Origin Employee Investment Fund
19    Amend Article 19-4 to Set Limits to       For       For        Management
      Management Board Powers for All
      Transactions Above EUR 100 Million
20    Amend Articles Re: Meeting Minutes and    For       Against    Management
      Related Party Transactions
21    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

AUSTRALIA & NZ BANKING GROUP LTD. (FORMERLY AUSTRALIA & NEW

Ticker:       ANZ            Security ID:  AU000000ANZ3
Meeting Date: DEC 17, 2004   Meeting Type: Annual
Record Date:  DEC 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2a    Elect J. K. Ellis as Director             For       For        Management
2b    Elect M. A. Jackson as Director           For       For        Management
2c    Elect G. J. Clark as Director             For       For        Management
2d    Elect D. E. Meiklejohn as Director        For       For        Management
2e    Elect J. P. Morschel as Director          For       For        Management
3     Approve Grant of 175,000 Performance      For       For        Management
      Shares to John McFarlane, Managing
      Director and CEO


--------------------------------------------------------------------------------

AUSTRALIAN GAS LIGHT (AGL)

Ticker:                      Security ID:  AU000000AGL7
Meeting Date: APR 6, 2005    Meeting Type: Special
Record Date:  APR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Company to Reduce Its Share   For       For        Management
      Capital By Returning AUD0.50 Per Share to
      Shareholders


--------------------------------------------------------------------------------

AUTOGRILL SPA

Ticker:                      Security ID:  IT0001137345
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Fix Number of Directors on the Board;     For       For        Management
      Elect Directors;  Determine Directors'
      Term and Remuneration
3     Authorize Up to 2.0 Million Shares        For       For        Management
      Repurchase Program and Reissuance of
      Repurchased Shares


--------------------------------------------------------------------------------

AUTOROUTES DU SUD DE LA FRANCE

Ticker:                      Security ID:  FR0005512555
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.04 per Share
3     Acknowledge Dividend Distributions for    For       For        Management
      Past Three Fiscal Years
4     Approve Accounting Transfer from Special  For       For        Management
      Long-Term Capital Gains Account to Other
      Reserves Account
5     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
6     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Cancel Outstanding Debt Issuance          For       For        Management
      Authorities
9     Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 240,000
10    Reelect Societe Vinci as Director         For       For        Management
11    Reelect Hubert du Mesnil as Director      For       For        Management
12    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
13    Authorize Up to One Percent of Issued     For       For        Management
      Capital for Use in Restricted Stock Plan
14    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
15    Change Corporate Purpose                  For       For        Management
16    Amend Articles Regarding Total Issued     For       For        Management
      Capital
17    Amend Article 6 Regarding Capital         For       For        Management
      Increases
18    Amend Article 9 Regarding Form of Shares  For       Against    Management
19    Amend Article 11 Regarding Transfer of    For       For        Management
      Shares
20    Amend Article 16 Regarding Organization   For       For        Management
      and Responsibilities of the Board
21    Amend Article 17 Regarding Powers of the  For       For        Management
      Board
22    Amend Article 20 Regarding Related Party  For       For        Management
      Transactions
23    Amend Article 24 Regarding Shareholder    For       For        Management
      Meetings
24    Amend Article 26 Regarding Meeting Agenda For       For        Management
25    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

AUTOSTRADE SPA (FORMERLY AUTOSTRADE CONCESSIONI E COSTRUZION

Ticker:                      Security ID:  IT0003506190
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares


--------------------------------------------------------------------------------

AUTOSTRADE SPA (FORMERLY AUTOSTRADE CONCESSIONI E COSTRUZION

Ticker:                      Security ID:  IT0003506190
Meeting Date: DEC 14, 2004   Meeting Type: Special
Record Date:  DEC 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect One Director to the Board           For       For        Management
2     Complete Composition of Internal          For       For        Management
      Statutory Auditors' Board


--------------------------------------------------------------------------------

AVIVA PLC (FORMERLY CGNU PLC)

Ticker:                      Security ID:  GB0002162385
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 16 Pence Per    For       For        Management
      Share
3     Elect Richard Goeltz as Director          For       For        Management
4     Elect Andrew Moss as Director             For       For        Management
5     Elect Lord Sharman of Redlynch as         For       For        Management
      Director
6     Elect Russell Walls as Director           For       For        Management
7     Re-elect Guillermo de la Dehesa as        For       For        Management
      Director
8     Re-elect Wim Dik as Director              For       For        Management
9     Re-elect Derek Stevens as Director        For       For        Management
10    Re-elect Andre Villeneuve as Director     For       For        Management
11    Re-elect George Paul as Director          For       For        Management
12    Re-elect Elizabeth Vallance as Director   For       For        Management
13    Reappoint Ernst & Young LLP as Auditors   For       For        Management
      of the Company
14    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
15    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 179,000,000
16    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 28,000,000
17    Approve Remuneration Report               For       For        Management
18    Approve Aviva Annual Bonus Matching Plan  For       For        Management
      2005
19    Approve Aviva Long-Term Incentive Plan    For       For        Management
      2005
20    Approve Aviva Executive Share Option Plan For       For        Management
      2005
21    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 1,500,000
22    Approve Inc. in Auth. Cap. from GBP       For       For        Management
      950,000,000 to GBP 1,450,000,000 and EUR
      700,000,000; Auth. Issue of Equity
      without Pre-emptive Rights up to the New
      Pref. Shares; and Amend Articles of
      Association
23    Authorise 228,000,000 Ordinary Shares for For       For        Management
      Market Purchase
24    Authorise 100,000,000 8 3/4 Percent       For       For        Management
      Preference Shares for Market Purchase
25    Authorise 100,000,000 8 3/8 Percent       For       For        Management
      Preference Shares for Market Purchase


--------------------------------------------------------------------------------

AXA (FORMERLY AXA-UAP)

Ticker:       AXA            Security ID:  FR0000120628
Meeting Date: APR 20, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.61 per Share
4     Approve Accounting Transfer from Special  For       For        Management
      Long-Term Capital Gains Account to
      Ordinary Reserve
5     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
6     Confirm Resignation and Non-Reelection of For       For        Management
      Thierry Breton as Supervisory Board
      Member
7     Reelect Anthony Hamilton as Supervisory   For       For        Management
      Board Member
8     Reelect Henri Lachmann as Supervisory     For       For        Management
      Board Member
9     Reelect Michel Pebereau as Supervisory    For       For        Management
      Board Member
10    Ratify Appointment of Leo Apotheker as    For       For        Management
      Supervisory Board Member
11    Elect Jacques de Chateauvieux as          For       For        Management
      Supervisory Board Member
12    Elect Dominique Reiniche as Supervisory   For       For        Management
      Board Member
13    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 1 Million
14    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
15    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 1 Billion for Bonus Issue or
      Increase in Par Value
16    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 1.5 Billion
17    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1 Billion
18    Authorize Management Board to Set Issue   For       Against    Management
      Price for Ten Percent of Issued Capital
      Pursuant to Issue Authority without
      Preemptive Rights
19    Authorize Board to Increase Capital in    For       For        Management
      the Event of Demand Exceeding Amounts
      Submitted to Shareholder Vote Above
20    Authorize Capital Increase of Up to EUR 1 For       For        Management
      Billion for Future Exchange Offers
21    Authorize Capital Increase of Up to Ten   For       For        Management
      Percent of Issued Capital for Future
      Exchange Offers
22    Authorize Issuance of Equity Upon         For       For        Management
      Conversion of a Subsidiary's
      Equity-Linked Securities
23    Approve Issuance of Securities            For       For        Management
      Convertible into Debt
24    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
25    Authorize Up to 0.5 Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
26    Approve Stock Option Plan Grants          For       Against    Management
27    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
28    Amend Articles of Association Re:         For       Against    Management
      Definition of Related-Party Transactions
29    Amend Articles Re: Stock Option and       For       For        Management
      Restricted Stock Plans
30    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

BAA PLC

Ticker:       BAAPY          Security ID:  GB0000673409
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 13.4 Pence Per  For       For        Management
      Ordinary Share
4     Elect Tony Ball as Director               For       For        Management
5     Elect Robert Walker as Director           For       For        Management
6     Re-elect Mike Clasper as Director         For       For        Management
7     Re-elect Margaret Ewing as Director       For       For        Management
8     Re-elect Mike Toms as Director            For       For        Management
9     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 53,552,000
12    Cancel the Special Rights Redeemable      For       For        Management
      Preference Share and Reduce Stated
      Capital from GBP 1,300,000,001 to GBP
      1,300,000,000
13    Amend Articles of Association Re: Special For       For        Management
      Share
14    Approve the BAA Performance Share Plan    For       For        Management
15    Authorise the Company to Make EU          Against   Against    Management
      Political Donations and Incur Political
      Expenditure up to Aggregate Nominal
      Amount of GBP 1,250,000


--------------------------------------------------------------------------------

BAE SYSTEMS PLC(FRM.BRITISH AEROSPACE PLC )

Ticker:                      Security ID:  GB0002634946
Meeting Date: MAY 13, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of United Defense     For       For        Management
      Industries, Inc.
2     Amend Company's Borrowing Limits          For       For        Management


--------------------------------------------------------------------------------

BAE SYSTEMS PLC(FRM.BRITISH AEROSPACE PLC )

Ticker:                      Security ID:  GB0002634946
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 5.8 Pence Per   For       For        Management
      Ordinary Share
4     Re-elect Sir Peter Mason as Director      For       For        Management
5     Re-elect Mark Ronald as Director          For       For        Management
6     Re-elect Michael Turner as Director       For       For        Management
7     Elect Richard Olver as Director           For       For        Management
8     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Approve Increase in Authorised Capital    For       For        Management
      from GBP 165,000,001 to GBP 180,000,001
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 15,989,518 if Resolution 10 is Not
      Passed; Otherwise up to Aggregate Nominal
      Amount of GBP 26,750,818
12    Authorise the Company to Make EU          For       For        Management
      Political Donations and Incur EU
      Political Expenditure up to GBP 100,000
13    Authorise BAE Systems (Defence Systems)   For       For        Management
      Ltd. to Make EU Political Donations and
      Incur EU Political Expenditure up to GBP
      100,000
14    Authorise BAE Systems Electronics Ltd. to For       For        Management
      Make EU Political Donations and Incur EU
      Political Expenditure up to GBP 100,000
15    Authorise BAE Systems Marine Ltd. to Make For       For        Management
      EU Political Donations and Incur EU
      Political Expenditure up to GBP 100,000
16    Authorise BAE Systems (Operations) Ltd.   For       For        Management
      to Make EU Political Donations and Incur
      EU Political Expenditure up to GBP
      100,000
17    Authorise BAE Systems Land Systems        For       For        Management
      (Bridging) Ltd. to Make EU Political
      Donations and Incur EU Political
      Expenditure up to GBP 100,000
18    Authorise BAE Systems Land Systems        For       For        Management
      (Munitions and Ordnance) Ltd. to Make EU
      Political Donations and Incur EU
      Political Expenditure up to GBP 100,000
19    Authorise BAE Systems Land Systems        For       For        Management
      (Weapons and Vehicles) Ltd. to Make EU
      Political Donations and Incur EU
      Political Expenditure up to GBP 100,000
20    Authorise Land Systems Hagglunds AB to    For       For        Management
      Make EU Political Donations and Incur EU
      Political Expenditure up to GBP 100,000
21    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 4,013,024
22    Authorise 321,041,924 Ordinary Shares for For       For        Management
      Market Purchase
23    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors


--------------------------------------------------------------------------------

BALFOUR BEATTY PLC (FORMERLY BICC PLC)

Ticker:                      Security ID:  GB0000961622
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 3.75 Pence Per  For       For        Management
      Share
4     Re-elect Jim Cohen as Director            For       For        Management
5     Re-elect Richard Delbridge as Director    For       For        Management
6     Re-elect Anthony Rabin as Director        For       For        Management
7     Re-elect Alistair Wivell as Director      For       For        Management
8     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 70,662,113
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 10,599,316
11    Authorise 42,397,267 Ordinary Shares and  For       For        Management
      20,204,566 Convertible Preference Shares
      for Market Purchase
12    Approve EU Political Donations and        For       For        Management
      Expenditure up to GBP 25,000 Per Annum
13    Amend Articles of Association Re:         For       For        Management
      Treasury Shares and Borrowing Powers
14    Amend Memorandum and Articles of          For       For        Management
      Association Re: Indemnification of
      Directors and Re-election of Directors


--------------------------------------------------------------------------------

BANCA ANTONVENETA SPA

Ticker:                      Security ID:  IT0003270102
Meeting Date: SEP 14, 2004   Meeting Type: Special
Record Date:  SEP 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles To Reflect New Italian     For       Against    Management
      Company Law Regulations


--------------------------------------------------------------------------------

BANCA FIDEURAM SPA

Ticker:                      Security ID:  IT0000082963
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Statutory   For       For        Management
      Reports, and Allocation of Income
2     Elect One Director                        For       Against    Management
3     Appoint Internal Statutory Auditors;      For       For        Management
      Approve Remuneration of Auditors
4     Authorize Share Repurchase Program and    For       Against    Management
      Reissuance of Repurchased Shares


--------------------------------------------------------------------------------

BANCA INTESA SPA (FORMERLY INTESABCI SPA )

Ticker:                      Security ID:  IT0000072618
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports; Accept Financial Statements and            Vote
      Statutory Reports of the Subsidiary
      Intesa Sistemi e Servizi Spa
2     Elect Directors                           For       Did Not    Management
                                                          Vote
3.a   Appoint Board of Internal Statutory       None      Did Not    Management
      Auditors and its Chairman for Three-Year            Vote
      Term 2005-2007 - Majority Shareholder
      Slate
3.b   Appoint Internal Statutory Auditors and   None      Did Not    Management
      its Chairman for the Three-Year Term                Vote
      2005-2007 - Minority Shareholder(s) Slate
3.c   Approve Remuneration of Internal          None      Did Not    Management
      Statutory Auditors                                  Vote


--------------------------------------------------------------------------------

BANCA MONTE DEI PASCHI DI SIENA SPA

Ticker:                      Security ID:  IT0001334587
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Elect External Auditors for the           For       For        Management
      Three-Year Term 2005-2007; Fix Auditors'
      Remuneration
3     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares


--------------------------------------------------------------------------------

BANCA MONTE DEI PASCHI DI SIENA SPA

Ticker:                      Security ID:  IT0001334587
Meeting Date: DEC 2, 2004    Meeting Type: Special
Record Date:  NOV 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Share Repurchase Program To     For       For        Management
      Service a Stock Grant in Favor of Company
      Employees


--------------------------------------------------------------------------------

BANCHE POPOLARI UNITE SCARL

Ticker:                      Security ID:  IT0003487029
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors                           For       Against    Management
2     Approve Remuneration of Directors for     For       For        Management
      Attendance in Board Meetings
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
1     Amend Articles of Association, Partially  For       Against    Management
      to Reflect New Italian Company Law
      Regulations


--------------------------------------------------------------------------------

BANCO BILBAO VIZCAYA ARGENTARIA

Ticker:       BBV            Security ID:  ES0113211835
Meeting Date: FEB 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, Allocation of
      Income and Distribution of Dividend, and
      Discharge Directors
2     Fix Number of Directors; Reelect          For       For        Management
      Directors
3     Authorize Additional Issuance of          For       For        Management
      Nonconvertible Bonds up to Aggregate
      Nominal Amount of EUR 50 Billion
4     Authorize Repurchase of Shares By Company For       For        Management
      and/or Subsidiaries
5     Reelect Deloitte & Touche Espana, S.L. as For       For        Management
      Auditors
6     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

BANCO BILBAO VIZCAYA ARGENTARIA

Ticker:       BBV            Security ID:  ES0113211835
Meeting Date: JUN 13, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize EUR 260.3 Million Increase in   For       For        Management
      Capital Through the Issuance of 531.1
      Million New Ordinary Shares without
      Preemptive Rights Re: Share Exchange
      Resulting from Tender Offer for Shares of
      Banca Nazionale del Lavoro; Amend Article
      5 Accordingly
2     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

BANCO BRADESCO S.A.

Ticker:                      Security ID:  BRBBDCACNPR8
Meeting Date: MAR 10, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports for Fiscal Year Ended Dec. 31,              Vote
      2004
2     Elect Directors to the Board of Directors For       Did Not    Management
                                                          Vote
3     Elect Directors to the Supervisory Board  For       Did Not    Management
                                                          Vote
4     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
5     Ratify an Increase in Capital, Approved   For       Did Not    Management
      at the EGM Held on Dec. 9, 2004, by BRL             Vote
      700 Million Through the Subscription of
      17.5 Million Shares, of Which, 8.8
      Million are Common Shares and 8.7 Million
      are Preferred Shares


--------------------------------------------------------------------------------

BANCO ITAU HOLDING FINANCEIRA(FRMLY BANCO ITAU S.A.)

Ticker:                      Security ID:  BRITAUACNPR3
Meeting Date: APR 27, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Elect Members to the Board of Directors   For       Did Not    Management
                                                          Vote
4     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Authorize Increase in Capital to BRL 8.3  For       Did Not    Management
      Billion from BRL 8.1 Billion Through                Vote
      Capitalization of Reserves, Without
      Issuance of Shares
7     Cancel 88,803 Common Shares Held in       For       Did Not    Management
      Treasury, Without Reduction in the                  Vote
      Company's Capital
8     Transform the Current Itau Holdings       For       Did Not    Management
      Options Committee into a Remuneration               Vote
      Committee
9     Account for the Disclosure Committee and  For       Did Not    Management
      the  Securities Transaction Commmittee in           Vote
      the Bylaws
10    Increase Size of the Executive Officer    For       Did Not    Management
      Board to 12 Members from 10; Create the             Vote
      Positions of Managing Director and Deputy
      Managing Director; Modify Directors
      Responsibilities and; Increase the Term
      for the Board to Elect the Executive
      Officer Board
11    Amend Bylaws in Light of the              For       Did Not    Management
      Modifications in the Previous  Items As             Vote
      Well As Register the Financial
      Institution Providing Services for
      Registered Shares and Make Available the
      Auditor's Report to the Private Insurance
      Superintendency
12    Amend Stock Option Plan Re:               For       Did Not    Management
      Transformation of the Itau Holding                  Vote
      Options Committee into the Remuneration
      Committee


--------------------------------------------------------------------------------

BANCO POPULAR ESPANOL

Ticker:                      Security ID:  ES0113790234
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Allocation  For       For        Management
      of Income, and Discharge Directors for
      Fiscal Year 2004
2     Elect Director                            For       For        Management
3     Approve Auditors                          For       For        Management
4     Amend Articles 15 of the Bylaws           For       For        Management
5     Approve Reduction of Par Value from EUR   For       For        Management
      0.50 to EUR 0.10 and Consequent Increase
      in Number of Shares
6     Authorize Share Repurchase Program        For       For        Management
7     Approve Increase in Capital Via Increase  For       For        Management
      of Par Value and/or Issuance of Equity or
      Equity-Linked Securities without
      Preemptive Rights
8     Authorize Issuance of Non-convertible     For       For        Management
      Bonds/Debentures
9     Authorize Issuance of Convertible Bonds   For       For        Management
      without Preemptive Rights
10    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

BANCO SANTANDER CENTRAL HISPANO (FRMLY BANCO SANTANDER)

Ticker:       SBP            Security ID:  ES0113900J37
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements and Statutory
      Reports; Approve Discharge of Directors
2     Approve Allocation of Income              For       For        Management
3.1   Ratify Nomination of Lord Burns as        For       For        Management
      Director
3.2   Ratify Nomination of Luis Angel Rojo      For       For        Management
      Duque as Director
3.3   Reelect Emilio Botin-Sanz de Sautuola y   For       For        Management
      Garcia de los Rios as Director
3.4   Reelect Matias Rodriguez Inciarte as      For       For        Management
      Director
3.5   Reelect Manuel Soto Serrano as Director   For       For        Management
3.6   Reelect Guillermo de la Dehesa Romero as  For       For        Management
      Director
3.7   Reelect Abel Matutes Juan as Director     For       For        Management
3.8   Reelect Francisco Javier Botin-Sanz de    For       For        Management
      Sautuola y O'Shea as Director
4     Approve Auditors for 2005                 For       For        Management
5     Authorize Repurchase of Shares by Bank    For       For        Management
      and Subsidiaries
6     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights
7     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
8     Authorize Issuance of Non-Convertible     For       For        Management
      Bonds
9     Approve Incentive Stock Option Plan       For       For        Management
10    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

BANCO SANTANDER CENTRAL HISPANO (FRMLY BANCO SANTANDER)

Ticker:       SBP            Security ID:  ES0113900J37
Meeting Date: OCT 20, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue 1.5 Billion Shares in Connection    For       For        Management
      with Acquisition of Abbey National plc
2     Approve Continuation of Employee Stock    For       For        Management
      Option Plan of Abbey National plc
3     Authorize the Allocation of 100 Santander For       Against    Management
      Shares to Each Abbey National Employee as
      Part of Compensation for Acquisition
4     Ratify Appointment of Management Board    For       For        Management
      Member
5     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

BANGKOK BANK

Ticker:                      Security ID:  TH0001010006
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Report of the Audit Committee      For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 1.00 per Share
6     Elect Directors                           For       For        Management
7     Approve Deloitte Touche Tohmatsu Jaiyos   For       For        Management
      as Auditors and Authorize Board to Fix
      Their Remuneration
8     Amend Memorandum of Association Re:       For       For        Management
      Conversion of 213,345 of Class A
      Preferred Shares
9     Approve the Reconsideration of            For       Against    Management
      Resolutions Regarding the Allocation of
      Shares and Issuance of Various Types of
      the Bank's Securities
10    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

BANK AUSTRIA CREDITANSTALT

Ticker:                      Security ID:  AT0000995006
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
4     Approve Creation of EUR 534.5 Million     For       Did Not    Management
      Pool of Conditional Capital with                    Vote
      Preemptive Rights
5     Authorize Repurchase of Share Capital for For       Did Not    Management
      Trading Purposes                                    Vote
6     Ratify Auditors                           For       Did Not    Management
                                                          Vote
7     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

BANK OF EAST ASIA, LIMITED

Ticker:                      Security ID:  HK0023000190
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect Tan Man-kou as Director           For       For        Management
3b    Reelect Li Fook-wo as Director            For       For        Management
3c    Reelect Joseph Pang Yuk-wing as Director  For       For        Management
3d    Reelect Thomas Kwok Ping-kwong as         For       For        Management
      Director
3e    Reelect Richard Li Tzar-kai as Director   For       For        Management
4     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
5     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Nomination of Directors,
      Material Interest of Directors in
      Contracts Entered into by the Company
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
8     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

BANK OF FUKUOKA LTD.

Ticker:                      Security ID:  JP3804000002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2.50,
      Final JY 4.50, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

BANK OF IRELAND GROUP

Ticker:       IRE            Security ID:  IE0030606259
Meeting Date: JUL 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends                         For       For        Management
3a    Elect David Dilger as a Director          For       For        Management
3b    Elect George Magan as a Director          For       For        Management
3c    Elect Sir Michael Hodgkinson as a         For       For        Management
      Director
3d    Elect Declan McCourt as a Director        For       For        Management
3e    Elect Terry Neill as a Director           For       For        Management
3f    Reelect Laurence Crowley as a Director    For       For        Management
3g    Reelect Maurice Keane as a Director       For       For        Management
3h    Reelect Caroline Marland as a Director    For       For        Management
3i    Reelect Raymond MacSharry as a Director   For       For        Management
3j    Reelect Thomas Moran as a Director        For       For        Management
3k    Reelect Mary Redmond as a Director        For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
5     Approve Remuneration of EUR 1 Million for For       For        Management
      Non-Executive Directors
6     Authorize Repurchase 95,611,133 Ordinary  For       For        Management
      Shares; 1,876,090 Sterling Preference
      Shares; and 3,026,598 Euro Preference
      Shares
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Authorize Board to Allot Up to EUR 30.9   For       For        Management
      Million in Equity Securities for Cash
      without Preemptive Rights
9     Authorize Board to Allot Equity           For       For        Management
      Securities Representing 15 Percent of the
      Issued Share Capital, without Preemptive
      Rights, For Purposes Other Than Cash
10    Approve 2004 Long Term Incentive Plan     For       For        Management
11    Approve 2004 Stock Option Plan            For       For        Management
12    Approve Director and Officer Liability    For       For        Management
      Insurance


--------------------------------------------------------------------------------

BANK OF YOKOHAMA LTD.

Ticker:                      Security ID:  JP3955400001
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 7, Special JY 1.5
2     Amend Articles to: Set Maximum Board Size For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
6     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

BARCLAYS PLC

Ticker:       MVCI           Security ID:  GB0031348658
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect Sir Andrew Likierman as Director For       For        Management
4     Re-elect Richard Clifford as Director     For       For        Management
5     Re-elect Matthew Barrett as Director      For       For        Management
6     Re-elect John Varley as Director          For       For        Management
7     Re-elect David Arculus as Director        For       For        Management
8     Re-elect Sir Nigel Rudd as Director       For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Approve Barclays PLC Performance Share    For       For        Management
      Plan
12    Authorise the Directors to Establish      For       For        Management
      Supplements or Appendices to the
      Performance Share Plan
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 538,163,237
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 80,724,485
15    Authorise 968,600,000 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

BARRATT DEVELOPMENTS PLC

Ticker:                      Security ID:  GB0000811801
Meeting Date: NOV 11, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 14.68 Pence Per For       For        Management
      Share
3     Re-elect Colin Dearlove as Director       For       For        Management
4     Re-elect Alan Kilburn as Director         For       For        Management
5     Re-elect Michael Pescod as Director       For       For        Management
6     Elect Bob Davies as Director              For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
8     Approve Remuneration Report               For       For        Management
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 5,996,666
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,200,167
11    Authorise 24,003,334 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

BASF AG

Ticker:                      Security ID:  DE0005151005
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports for Fiscal Year 2004
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.70 per Share
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
4     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
5     Ratify Deloitte & Touche GmbH as Auditors For       For        Management
      for Fiscal Year 2005
6     Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital
7     Authorize Use of Financial Derivatives    For       For        Management
      when Repurchasing Shares
8     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)


--------------------------------------------------------------------------------

BAYER AG

Ticker:       BAY            Security ID:  DE0005752000
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          For       For        Management
      Statutory Reports; Allocation of Income
      and Dividends of EUR 0.55 per Share
2     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
4     Elect Klaus Kleinfeld and Ekkehard Schulz For       For        Management
      to the Supervisory Board; Elect Jochen
      Appell and Hans-Dirk Krekeler as
      Alternate Members to the Supervisory
      Board
5     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration
6     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)
7     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
8     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors for Fiscal Year 2005


--------------------------------------------------------------------------------

BAYER AG

Ticker:       BAY            Security ID:  DE0005752000
Meeting Date: NOV 17, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Spin-Off of LANXESS Segment;      For       For        Management
      Approve Acquisition of LANXESS AG


--------------------------------------------------------------------------------

BAYERISCHE HYPO- UND VEREINSBANK AG

Ticker:                      Security ID:  DE0008022005
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
4a    Elect Max Dietrich Kley to the            For       For        Management
      Supervisory Board
4b    Elect Gerhard Randa to the Supervisory    For       For        Management
      Board
4c    Elect Diether Muenich as Alternate Member For       For        Management
      to the Supervisory Board
5     Authorize Repurchase of up to Five        For       For        Management
      Percent of Issued Share Capital for
      Trading Purposes
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Pending Changes in German Law (Law on
      Company Integrity and Modernization of
      Shareholder Lawsuits)
8     Amend Articles Re: Time Designation at    For       For        Management
      Shareholder Meetings due to Proposed
      Changes in German Law (Company Integrity
      and Modernization of Shareholder Lawsuits
      Regulation)
9     Amend Corporate Purpose                   For       For        Management
10    Approve Affiliation Agreements with       For       For        Management
      Subsidiaries
11    Approve Affiliation Agreements with       For       For        Management
      Subsidiaries
12    Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors


--------------------------------------------------------------------------------

BBA GROUP PLC

Ticker:                      Security ID:  GB0000677483
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 7.95 Pence Per  For       For        Management
      Ordinary Share
3     Re-elect John Roques as Director          For       For        Management
4     Re-elect David Rough as Director          For       For        Management
5     Re-elect Bruce Van Allen as Director      For       For        Management
6     Elect Michael Harper as Director          For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 37,595,902
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,645,030
11    Authorise 67,695,205 Ordinary Shares for  For       For        Management
      Market Purchase
12    Authorise 8,394,508 Preferred Shares for  For       For        Management
      Market Purchase
13    Approve Remuneration Report               For       For        Management


--------------------------------------------------------------------------------

BEC WORLD PUBLIC COMPANY LIMITED

Ticker:                      Security ID:  TH0592010Z14
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and          For       For        Management
      Dividend of Baht 0.50 per Share
5     Elect Directors and Fix Their             For       For        Management
      Remuneration
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration


--------------------------------------------------------------------------------

BEIERSDORF AG

Ticker:                      Security ID:  DE0005200000
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports for Fiscal 2004
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.60 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify BDO Deutsche Warentreuhand AG as   For       For        Management
      Auditors
6     Elect Rolf Kunisch and Andreas Rittstieg  For       For        Management
      to the Supervisory Board
7     Approve Creation of EUR 45 Million Pool   For       For        Management
      of Conditional Capital with Preemptive
      Rights
8     Approve Creation of EUR 21 Million Pool   For       For        Management
      of Conditional Capital with Preemptive
      Rights
9     Approve Creation of EUR 21 Million Pool   For       For        Management
      of Conditional Capital III without
      Preemptive Rights
10    Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 1 Billion
      with Preemptive Rights; Approve Creation
      of EUR 40 Million Pool of Conditional
      Capital to Guarantee Conversion Rights
11    Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares


--------------------------------------------------------------------------------

BEIJING CAPITAL INTL AIRPORT CO. LTD

Ticker:                      Security ID:  CN0009324749
Meeting Date: JUN 2, 2005    Meeting Type: Annual
Record Date:  APR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Profit Appropriation Proposal     For       For        Management
5     Reappoint PricewaterhouseCoopers Zhong    For       For        Management
      Tian Certified Public Accountants Limited
      Company and PricewaterhouseCoopers as PRC
      and International Auditors, Respectively
      and Authorize Board to Fix Their
      Remuneration
6     Elect Wang Zhanbin, Wang Jiadong as       For       Against    Management
      Executive Directors; Chen Guoxing, Zheng
      Hui, Gao Shiqing, Dominique Pannier as
      Non-Executive Directors; Long Tao, Moses
      Cheng Mo Chi, Kwong Che Keung, Gordon as
      Independent Directors and Fix Their
      Remuneration
7     Authorize Board to Arrange for Service    For       For        Management
      Contracts and/or Appointment Letters to
      be Entered into by the Company with All
      Newly Elected Executive and Non-Executive
      Directors
8     Elect Wang Zuoyi, Li Xiaomei, Han         For       For        Management
      Xiaojing and Xia Zhidong as Supervisors
      and Authorize the Supervisory Committee
      to Fix Their Remuneration
9     Authorize Board to Issue Appointment      For       For        Management
      Letters to All Newly Elected Supervisors


--------------------------------------------------------------------------------

BEKAERT S.A.

Ticker:                      Security ID:  BE0003780948
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors'Report                  None      Did Not    Management
                                                          Vote
2     Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
3     Approve Financial Statements, Allocation  For       Did Not    Management
      of Income and Dividends of EUR 1.50 per             Vote
      Share
4a    Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
4b    Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
5     Reappoint Gary Allen and Baron Georges    For       Did Not    Management
      Jacobs as Directors                                 Vote
6     Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
7     Receive Consolidated Financial Statements None      Did Not    Management
      and Statutory Reports (Non-Voting)                  Vote
8     Receive Information on Corporate          None      Did Not    Management
      Governance                                          Vote
9     Transact Other Business                   None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

BEKAERT S.A.

Ticker:                      Security ID:  BE0003780948
Meeting Date: MAY 11, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital and Amend Article           Vote
      12 Accordingly
2     Amend Articles Re: Editorial Changes      For       Did Not    Management
                                                          Vote
3     Authorize Merger by Absorption Immobilien For       Did Not    Management
      Munkendoorn and Imaware; Authorize Board            Vote
      to Fulfill Publication Formalities
      Relating to Merger
4     Amend Articles to Allow the Board to      For       Did Not    Management
      Replace Interim Provisions Regarding                Vote
      Share Repurchases


--------------------------------------------------------------------------------

BELLSYSTEM 24 INC

Ticker:                      Security ID:  JP3835750005
Meeting Date: AUG 30, 2004   Meeting Type: Annual
Record Date:  MAY 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 85,
      Final JY 5, Special JY 110
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Directors' Term in Office -
      Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       Against    Management
6     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

BELLSYSTEM 24 INC

Ticker:                      Security ID:  JP3835750005
Meeting Date: DEC 15, 2004   Meeting Type: Special
Record Date:  NOV 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement with NPI         For       For        Management
      Holdings Inc.


--------------------------------------------------------------------------------

BENESSE CORP.

Ticker:                      Security ID:  JP3835620000
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 35, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

BENETTON GROUP SPA

Ticker:       BNG            Security ID:  IT0003106777
Meeting Date: SEP 9, 2004    Meeting Type: Special
Record Date:  SEP 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles No. 3, 8, 9, 14, 16, and   For       Against    Management
      19
2     Approve Issuance of Maximum 5.0 Million   For       For        Management
      Shares Pursuant to Share Option Scheme


--------------------------------------------------------------------------------

BERJAYA SPORTS TOTO BHD.

Ticker:                      Security ID:  MYL1562OO007
Meeting Date: JUN 8, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Proposed Capital Distribution of  For       For        Management
      MYR 0.50 in Cash Per Ordinary Share of
      MYR 1.00 Each in Berjaya Sports Toto Bhd
      (BToto) to All its Shareholders Via a
      Reduction of the Share Capital of BToto


--------------------------------------------------------------------------------

BERJAYA SPORTS TOTO BHD.

Ticker:                      Security ID:  MYL1562OO007
Meeting Date: OCT 19, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Apr.
      30, 2004
2     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR135,000 for the Financial
      Year Ended Apr. 30, 2004
3     Elect Robert Yong Kuen Loke as Director   For       For        Management
4     Elect Freddie Pang Hock Cheng as Director For       For        Management
5     Elect Thong Yaw Hong as Director          For       For        Management
6     Elect Jaffar Bin Abdul as Director        For       For        Management
7     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
8     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
9     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions
10    Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

BG GROUP PLC (FRM. BG PLC)

Ticker:                      Security ID:  GB0008762899
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 2.08 Pence Per  For       For        Management
      Ordinary Share
4     Elect Baroness Hogg as Director           For       For        Management
5     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
6     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
7     Approve EU Political Donations up to GBP  For       For        Management
      25,000 and EU Political Expenditure up to
      GBP 25,000
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP  123,368,432
9     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 1,000,000
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 17,692,165
11    Authorise 353,843,302 Ordinary Shares for For       For        Management
      Market Purchase
12    Amend Articles of Association Re:         For       For        Management
      Indemnities and Defence Funding
13    Amend Articles of Association Re:         For       For        Management
      Treasury Shares and CREST


--------------------------------------------------------------------------------

BHP BILLITON PLC (FORMERLY BILLITON PLC)

Ticker:                      Security ID:  GB0000566504
Meeting Date: JUN 13, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorise Appropriation of Distributable  For       For        Management
      Profits of the Company for the Dividend
      Rectification
2     Approve Cancellation of Share Premium     For       For        Management
      Account


--------------------------------------------------------------------------------

BHP BILLITON PLC (FORMERLY BILLITON PLC)

Ticker:                      Security ID:  GB0000566504
Meeting Date: NOV 25, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for BHP Billiton Ltd.
2     Accept Financial Statements and Statutory For       For        Management
      Reports for BHP Billiton Plc
3     Re-elect Don Argus as Director of BHP     For       For        Management
      Billiton Ltd.
4     Re-elect Don Argus as Director of BHP     For       For        Management
      Billiton Plc
5     Re-elect David Crawford as Director of    For       For        Management
      BHP Billiton Ltd.
6     Re-elect David Crawford as Director of    For       For        Management
      BHP Billiton Plc
7     Re-elect Charles Goodyear as Director of  For       For        Management
      BHP Billiton Ltd.
8     Re-elect Charles Goodyear as Director of  For       For        Management
      BHP Billiton Plc
9     Re-elect John Schubert as Director of BHP For       For        Management
      Billiton Ltd.
10    Re-elect John Schubert as Director of BHP For       For        Management
      Billiton Plc.
11    Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      BHP Billiton Plc and Authorise Board to
      Fix Remuneration of Auditors
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 265,926,499
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 61,703,675
14    Authorise 246,814,700 BHP Billiton Plc    For       For        Management
      Ordinary Shares for Market Purchase
15    Approve Remuneration Report               For       For        Management
16    Amend BHP Billiton Ltd. and BHP Billiton  For       For        Management
      Plc Group Incentive Scheme
17    Approve BHP Billiton Ltd. and BHP         For       For        Management
      Billiton Plc Long Term Incentive Plan
18    Approve Grant of Deferred Shares and      For       For        Management
      Options under the Amended BHP Billiton
      Ltd. Group Incentive Scheme and Grant of
      Performance Shares under the BHP Billiton
      Ltd. Long Term Incentive Plan to Charles
      Goodyear
19    Approve Grant of Deferred Shares and      For       For        Management
      Options under the Amended BHP Billiton
      Plc Group Incentive Scheme and Grant of
      Performance Shares under the BHP Billiton
      Plc Long Term Incentive Plan to Mike
      Salamon


--------------------------------------------------------------------------------

BNP PARIBAS SA (FM. BANQUE NATIONALE DE PARIS)

Ticker:                      Security ID:  FR0000131104
Meeting Date: MAY 18, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party  Transactions
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share  Capital
6     Reelect Jean-Francois Lepetit as Director For       For        Management
7     Reelect Gerhard Cromme as Director        For       For        Management
8     Reelect Francois Grappotte as Director    For       For        Management
9     Reelect Helene Ploix as Director          For       For        Management
10    Reelect Baudoin Prot as Director          For       For        Management
11    Elect Loyola De Palacio Del               For       For        Management
      Valle-Lersundi as Director to Replace
      Jacques Friedmann
12    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 780,000
13    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
14    Approve Stock Option Plan Grants          For       For        Management
15    Approve Restricted Stock Plan to          For       Against    Management
      Directors and Employees of Company and
      its Subsidiaries
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Approve Change In Number Of Directors     For       For        Management
      Elected By Employees
18    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

BOC GROUP PLC, THE

Ticker:       BOX            Security ID:  GB0001081206
Meeting Date: JAN 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividend Policy                   For       For        Management
3     Elect Guy Dawson as Director              For       For        Management
4     Elect Anne Quinn as Director              For       For        Management
5     Elect Iain Napier as Director             For       For        Management
6     Re-elect Tony Issac as Director           For       For        Management
7     Re-elect Rob Margetts as Director         For       For        Management
8     Reelect Raj Rajagopal as Director         For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Approve Remuneration Report               For       For        Management
12    Approve The BOC Group UK Savings-Related  For       For        Management
      Share Option Scheme 2005
13    Approve The BOC Group Share Matching Plan For       For        Management
14    Amend The BOC Group Long-Term Incentive   For       For        Management
      Plan
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 18,580,720
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,235,319.25
17    Authorise 49,882,554 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

BOC HONG KONG (HOLDINGS) LTD

Ticker:                      Security ID:  HK2388011192
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.395 Per    For       For        Management
      Share
3a    Reelect SUN Changji as Director           For       Against    Management
3b    Reelect HUA Qingshan as Director          For       Against    Management
3c    Reelect ZHANG Yanling as Director         For       Against    Management
3d    Reelect FUNG Victor Kwok King as Director For       For        Management
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board or a Duly
      Authorized Committee to Fix Their
      Remuneration
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

BOEHLER-UDDEHOLM AG

Ticker:                      Security ID:  AT0000903851
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
4     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote
6a    Approve Creation of EUR 18.2 Million Pool For       Did Not    Management
      of Conditional Capital without Preemptive           Vote
      Rights
6b    Amend Articles to Reflect Changes in      For       Did Not    Management
      Capital                                             Vote


--------------------------------------------------------------------------------

BOOTS GROUP PLC(FORMERLY BOOTS CO. PLC)

Ticker:                      Security ID:  GB0032310780
Meeting Date: JUL 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 21 Pence Per    For       For        Management
      Ordinary Share
4     Re-elect Helene Ploix as Director         For       For        Management
5     Re-elect Martin Read as Director          For       For        Management
6     Elect Richard Baker as Director           For       For        Management
7     Elect Guy Dawson as Director              For       For        Management
8     Elect Tim Parker as Director              For       For        Management
9     Re-appoint KPMG Audit Plc as Auditors of  For       For        Management
      the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 64,000,000
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 9,600,000
13    Authorise 76,876,000 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

BORAL LIMITED

Ticker:                      Security ID:  AU000000BLD2
Meeting Date: OCT 21, 2004   Meeting Type: Annual
Record Date:  OCT 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports for the Year Ended June 30, 2004
2     Elect Ken Moss as Director                For       For        Management
3     Elect Mark Rayner as Director             For       For        Management
4     Elect Richard Longes as Director          For       For        Management
5     Approve Grant of Options and Offer of     For       For        Management
      Rights to Shares to Rod Pearse, Chief
      Executive Officer and Managing Director
      Under the Boral Senior Executive Option
      Plan
6     Approval of Termination Payments Payable  For       For        Management
      to  Rod Pearse, Chief Executive Officer
      and Managing Director of the Company,
      Under the New Executive Service Contract
7     Approve Grant of Options and Offers of    For       For        Management
      Rights to Shares to Rod Pearse, Chief
      Executive Officer and Managing Director
      of the Company, Under the New Executive
      Service Contract


--------------------------------------------------------------------------------

BOUYGUES SA

Ticker:                      Security ID:  FR0000120503
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.75 per Share
4     Approve Accounting Transfer from Special  For       For        Management
      Long-Term Capital Gains Account to Other
      Reserve
5     Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party  Transactions
6     Reelect Michel Rouger as Director         For       Against    Management
7     Elect Thierry Jourdaine as Representative For       Against    Management
      of Employee Shareholders to the Board
8     Elect Jean-Michel Gras as Representative  For       Against    Management
      of Employee Shareholders to the Board
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital and Investment
      Certificates
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 150 Million
11    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 4 Billion for Bonus Issue or
      Increase in Par Value
12    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 150 Million
13    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      Proposed in Items 10 and 12
14    Authorize Board to Set Issue Price for    For       Against    Management
      Ten Percent of Issued  Capital Pursuant
      to Issue Authority without Preemptive
      Rights
15    Authorize Capital Increase of Up to Ten   For       Against    Management
      Percent of Issued Capital for Future
      Acquisitions
16    Authorize Capital Increase for Future     For       Against    Management
      Exchange Offers
17    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
18    Authorize Issuance of Equity Upon         For       Against    Management
      Conversion of a Subsidiary's
      Equity-Linked Securities
19    Authorize Use of Up to Ten Percent of     For       Against    Management
      Issued Capital in Restricted Stock Plan
20    Approve Stock Option Plan Grants          For       Against    Management
21    Authorize Issuance of Securities          For       Against    Management
      Convertible Into Debt
22    Approve Reduction in Share Capital Up to  For       For        Management
      Ten Percent via Cancellation of
      Repurchased Shares
23    Amend Articles of Association Regarding   For       For        Management
      Share Issuances
24    Authorize Issuance of Investment          For       Against    Management
      Certificates and Preference Shares
      Without Voting Rights
25    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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BOUYGUES SA

Ticker:                      Security ID:  FR0000120503
Meeting Date: APR 28, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Cancelation of Preemptive Rights  For       Did Not    Management
      for Issuance Authorities Submitted to the           Vote
      Vote of Shareholders and Holders of
      Voting Right Certificates at April 28,
      2005, Meeting in the Aggregate Amount of
      Up to EUR 150 Million (Items 10-20)
2     Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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BOUYGUES SA

Ticker:                      Security ID:  FR0000120503
Meeting Date: OCT 7, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Dividends of EUR 5 per    For       For        Management
      Share or Investment Certificate
2     Reserve Dividend Distribution to          For       For        Management
      Shareholders or Holders of Investment
      Certifcates as of Oct. 7, 2004, and Set
      Distribution Date to Jan. 05, 2004
3     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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BP PLC  (FORM. BP AMOCO PLC )

Ticker:       BP.            Security ID:  GB0007980591
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Re-elect David Allen as Director          For       For        Management
2     Re-elect Lord Browne of Madingley as      For       For        Management
      Director
3     Re-elect John Bryan as Director           For       For        Management
4     Re-elect Antony Burgmans as Director      For       For        Management
5     Elect Iain Conn as Director               For       For        Management
6     Re-elect Erroll Davis, Jr. as Director    For       For        Management
7     Elect Douglas Flint as Director           For       For        Management
8     Re-elect Byron Grote as Director          For       For        Management
9     Re-elect Tony Hayward as Director         For       For        Management
10    Re-elect DeAnne Julius as Director        For       For        Management
11    Elect Sir Tom McKillop as Director        For       For        Management
12    Re-elect John Manzoni as Director         For       For        Management
13    Re-elect Walter Massey as Director        For       For        Management
14    Re-elect Michael Miles as Director        For       For        Management
15    Re-elect Sir Ian Prosser as Director      For       For        Management
16    Re-elect Michael Wilson as Director       For       For        Management
17    Re-elect Peter Sutherland as Director     For       For        Management
18    Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
19    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 1,770 Million
20    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 256 Million
21    Authorise 2.1 Billion Ordinary Shares for For       For        Management
      Market Purchase
22    Approve Remuneration Report               For       For        Management
23    Approve Share Incentive Plan              For       For        Management
24    Accept Financial Statements and Statutory For       For        Management
      Reports


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BPB PLC (FORMERLY BPB INDUSTRIES PLC)

Ticker:                      Security ID:  GB0000687078
Meeting Date: JUL 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 9.45 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Bob Heard as Director            For       For        Management
5.1   Elect Andrew Dougal as Director           For       For        Management
5.2   Elect Evert Henkes as Director            For       For        Management
6     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
7     Approve BPB Performance Share Plan 2004   For       For        Management
8     Amend BPB Executive Share Option Plan     For       For        Management
      2001
9     Authorise 49.5 Million Ordinary Shares    For       For        Management
      for Market Purchase
10    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 300,000
      to GBP 400,000 and Amend the Articles of
      Association in Respect of Treasury Shares


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BRAMBLES INDUSTRIES LTD.

Ticker:                      Security ID:  AU000000BIL1
Meeting Date: NOV 16, 2004   Meeting Type: Annual
Record Date:  NOV 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Brambles Industries Ltd
2     Accept Financial Statements and Statutory For       For        Management
      Reports for Brambles Industries Plc
3     Approve Remuneration Report               For       For        Management
4     Approve Remuneration of Directors of      For       For        Management
      Brambles Industries Ltd in the Amount of
      AUD 3,000,000
5     Approve Remuneration of Directors of      For       For        Management
      Brambles Industries Plc in the Amount of
      GBP 1,200,000
6     Elect M.F. Ihlein as Director of Brambles For       For        Management
      Industries Ltd
7     Elect M.F. Ihlein as Director of Brambles For       For        Management
      Industries Plc
8     Elect S.P Johns as Director of Brambles   For       For        Management
      Industries Ltd
9     Elect S.P Johns as Director of Brambles   For       For        Management
      Industries Plc
10    Elect J. Nasser as Director of Brambles   For       For        Management
      Industries Ltd
11    Elect J. Nasser as Director of Brambles   For       For        Management
      Industries Plc
12    Elect M.D.I. Burrows as Director of       For       For        Management
      Brambles Industries Ltd
13    Elect M.D.I. Burrows as Director of       For       For        Management
      Brambles Industries Plc
14    Elect D.J. Turner as Director of Brambles For       For        Management
      Industries Ltd
15    Elect D.J. Turner as Director of Brambles For       For        Management
      Industries Plc
16    Appoint PricewaterhouseCoopers as         For       For        Management
      Auditors of Brambles Industries Plc
17    Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
18    Approve Issuance of 176,204,380 Shares    For       For        Management
      with Preemptive Rights in Brambles
      Industries Plc
19    Approve Issuance of 36,189,700 Shares     For       For        Management
      without Preemptive Rights in Brambles
      Industries Plc
20    Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital Brambles
      Industries Plc
21    Approve Brambles Industries Ltd 2004      For       For        Management
      Performance Share Plan
22    Approve Brambles Industries Plc 2004      For       For        Management
      Performance Share Plan
23    Approve Further Stock Option Plans Based  For       For        Management
      on the Brambles Industries Ltd 2004
      Performance Share Plan
24    Approve Participation of M.F. Ihlein in   For       For        Management
      Brambles Industries Ltd 2004 Performance
      Share Plan
25    Approve Participation of D.J. Turner in   For       For        Management
      Brambles Industries Ltd 2004 Performance
      Share Plan


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BRAMBLES INDUSTRIES PLC

Ticker:                      Security ID:  GB0030616733
Meeting Date: NOV 23, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Brambles Industries Ltd.
2     Accept Financial Statements and Statutory For       For        Management
      Reports for Brambles Industries plc
3     Approve Remuneration Report               For       For        Management
4     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors of Brambles
      Industries Ltd. from GBP AUS$2 Million to
      AUS$3 Million
5     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors of Brambles
      Industries plc from GBP 750,000 to GBP
      1.2 Million
6     Elect Michael Ihlein as Director of       For       For        Management
      Brambles Industries Ltd.
7     Elect Michael Ihlein as Director of       For       For        Management
      Brambles Industries plc
8     Elect Stephen Johns as Director of        For       For        Management
      Brambles Industries Ltd.
9     Elect Stephen Johns as Director of        For       For        Management
      Brambles Industries plc
10    Elect Jacques Nasser AO as Director of    For       For        Management
      Brambles Industries Ltd.
11    Elect Jacques Nasser AO as Director of    For       For        Management
      Brambles Industries plc
12    Re-elect Mark Burrows as Director of      For       For        Management
      Brambles Industries Ltd.
13    Re-elect Mark Burrows as Director of      For       For        Management
      Brambles Industries plc
14    Re-elect David Turner as Director of      For       For        Management
      Brambles Industries Ltd.
15    Re-elect David Turner as Director of      For       For        Management
      Brambles Industries plc
16    Ratify PricewaterhouseCoopers LLP as      For       For        Management
      Auditors of Brambles Industries plc
17    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
18    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 8,810,219
19    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,809,485
20    Authorise 72,379,561 Shares for Brambles  For       For        Management
      Industries plc Market Repurchase
21    Approve Brambles Industries Ltd. 2004     For       For        Management
      Performance Share Plan
22    Approve Brambles Industries plc 2004      For       For        Management
      Performance Share Plan
23    Authorise Board to Establish Further      For       For        Management
      Plans Based on the Brambles Industries
      Ltd. and Brambles Industries plc 2004
      Performance Share Plans
24    Approve the Participation of Michael      For       For        Management
      Ihlein in Brambles Ltd. Performance Share
      Plan
25    Approve the Participation of David Turner For       For        Management
      in Brambles Ltd. Performance Share Plan


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BRASIL TELECOM PARTICIPACOES S.A. (FRM.TELE CENTRO SUL PARTI

Ticker:                      Security ID:  BRBRTPACNPR2
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
3     Elect Supervisory Board Members and       For       Did Not    Management
      Alternates                                          Vote
4     Approve Aggregate Remuneration of Members For       Did Not    Management
      of the Board of Directors and the                   Vote
      Executive Officer Board; Approve
      Individual Remuneration of Supervisory
      Board Members
5     Amend Art.5 of the Bylaws                 For       Did Not    Management
                                                          Vote


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BRIDGESTONE CORP.

Ticker:                      Security ID:  JP3830800003
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 8,
      Final JY 6, Special JY 5
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Decrease Authorized    For       For        Management
      Capital from 1.5 Billion to 1.47 Billion
      to Reflect Share Repurchase
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
5     Appoint Internal Statutory Auditor        For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor
7     Approve Executive Stock Option Plan       For       For        Management


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BRISA (AUTO-ESTRADA)

Ticker:                      Security ID:  PTBRI0AM0000
Meeting Date: MAR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
4     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
5     Approve Report Re: General Plan of        For       Did Not    Management
      Management Incentives                               Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
7     Amend General Plan of Management          For       Did Not    Management
      Incentives                                          Vote
8     Elect Corporate Bodies for the 2005-2007  For       Did Not    Management
      Term                                                Vote


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BRITISH AIRWAYS PLC

Ticker:       BAB            Security ID:  GB0001290575
Meeting Date: JUL 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect Michael Street as Director       For       For        Management
4     Re-elect Baroness O'Cathain as Director   For       For        Management
5     Elect Alison Reed as Director             For       For        Management
6     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors


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BRITISH AMERICAN TOBACCO BHD. (FORMERLY ROTHMANS OF PALL MAL

Ticker:                      Security ID:  MYL4162OO003
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve Final Dividend for the Financial  For       For        Management
      Year Ended Dec. 31, 2004
3     Elect James Richard Suttie as Director    For       For        Management
4     Elect Andrew Maclachlan Gray as Director  For       Against    Management
5     Elect Robert James Clark as Director      For       For        Management
6     Elect Kamarul Ariffin bin Mohamed Yassin  For       Against    Management
      as Director
7     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
8     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
9     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


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BRITISH AMERICAN TOBACCO PLC

Ticker:                      Security ID:  GB0002875804
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 29.2 Pence Per  For       For        Management
      Ordinary Share
4     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
5     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
6a    Re-elect Kenneth Clarke as Director       For       For        Management
6b    Re-elect Paul Rayner as Director          For       For        Management
6c    Re-elect Thys Visser as Director          For       For        Management
7a    Re-elect Piet Beyers as Director          For       For        Management
7b    Re-elect Robert Lerwill as Director       For       For        Management
7c    Re-elect Sir Nicholas Scheele as Director For       For        Management
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 178,421,446
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 26,763,216
10    Authorise 214.1 Million Ordinary Shares   For       For        Management
      for Market Purchase
11    Approve EU Political Donations up to GBP  For       For        Management
      1,000,000 and Incur EU Political
      Expenditure up to GBP 1,000,000
12    Amend British American Tobacco Long-Term  For       For        Management
      Incentive Plan


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BRITISH LAND COMPANY PLC (THE)

Ticker:                      Security ID:  GB0001367019
Meeting Date: JUL 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 10.07 Pence Per For       For        Management
      Ordinary Share
3     Re-elect Nicholas Ritblat as Director     For       For        Management
4     Re-elect Robert Bowden as Director        For       For        Management
5     Re-elect Sir Derek Higgs as Director      For       For        Management
6     Re-elect Lord Burns as Director           For       For        Management
7     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Approve Remuneration Report               For       For        Management
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 40,816,764
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,100,014
12    Authorise 48,800,116 Ordinary Shares for  For       For        Management
      Market Purchase
13    Approve The British Land Company PLC      For       For        Management
      Savings-Related Share Option Scheme


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BRITISH SKY BROADCASTING GROUP PLC

Ticker:       BSY            Security ID:  GB0001411924
Meeting Date: NOV 12, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 3.25 Pence Per  For       For        Management
      Share
3     Elect Jeremy Darroch as Director          For       For        Management
4     Elect Nicholas Ferguson as Director       For       For        Management
5     Elect Andrew Higginson as Director        For       For        Management
6     Elect Lord Rothschild as Director         For       For        Management
7     Re-elect Jacques Nasser as Director       For       For        Management
8     Re-elect Gail Rebuck as Director          For       For        Management
9     Re-elect Arthur Siskind as Director       For       For        Management
10    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
11    Approve Remuneration Report               For       For        Management
12    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 100,000;
      and Authorise EU Political Expenditure up
      to Aggregate Nominal Amount of GBP
      100,000
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 320,000,000
14    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 48,500,000
15    Authorise 97,000,000 Shares for Market    For       For        Management
      Purchase
16    Approve Waiver on Tender-Bid Requirement  For       For        Management
17    Approve the Renewal of the British Sky    For       For        Management
      Broadcasting Group Executive Share Option
      Plan
18    Approve the Renewal of the British Sky    For       For        Management
      Broadcasting Group Sharesave Scheme


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BT GROUP PLC (FORMERLY BRITISH TELECOMMUNICATIONS PLC)

Ticker:                      Security ID:  GB0030913577
Meeting Date: JUL 14, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 5.3 Pence Per   For       For        Management
      Ordinary Share
4     Re-elect Sir Christopher Bland as         For       For        Management
      Director
5     Re-elect Andy Green as Director           For       For        Management
6     Re-elect Ian Livingston as Director       For       For        Management
7     Re-elect John Nelson as Director          For       For        Management
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 142 Million
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 22 Million
11    Authorise 859 Million Ordinary Shares for For       For        Management
      Market Purchase
12    Authorise the Company to Make EU          For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 100,000


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BUNZL PLC

Ticker:       BUNZ           Security ID:  GB0001540045
Meeting Date: JUN 2, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Demerger of Filtrona Business     For       For        Management
2     Conditional Upon the Passing of           For       For        Management
      Resolution 1, Approve Consolidation of
      Every 9 Bunzl Ordinary Shares of 25 Pence
      Each into 7 Bunzl Ordinary Shares of 32
      1/7 Pence Each
3     Authorise Directors to Implement the      For       For        Management
      Demerger and the Bunzl Share
      Consolidation
4     Authorise 34,067,000 Bunzl Shares for     For       For        Management
      Market Purchase


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BUNZL PLC

Ticker:       BUNZ           Security ID:  GB0001540045
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 9.15 Pence Per  For       For        Management
      Share
3     Elect Urich Wolters as Director           For       For        Management
4     Elect Christoph Sander as Director        For       For        Management
5     Elect Mark Harper as Director             For       For        Management
6     Elect Pat Larmon as Director              For       For        Management
7     Re-elect Pat Dyer as Director             For       For        Management
8     Re-elect Paul Heiden as Director          For       For        Management
9     Re-elect David Williams as Director       For       For        Management
10    Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
11    Approve Remuneration Report               For       For        Management
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 39,700,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,635,000
14    Authorise 43,785,000 Shares for Market    For       For        Management
      Purchase
15    Amend Articles of Association Re:         For       For        Management
      Director's Indemnities
16    Amend Articles of Association Re:         For       For        Management
      Electronic Voting
17    Amend Articles of Association Re:         For       For        Management
      Treasury Shares


--------------------------------------------------------------------------------

BUSINESS OBJECTS S.A.

Ticker:       BOBJ           Security ID:  FR0004026250
Meeting Date: JUN 14, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Ommission of Dividends
4     Reelect Gerard Held as Director           For       For        Management
5     Elect Carl Pascarella as Director         For       For        Management
6     Ratify Auditors and Alternate Auditors    For       For        Management
7     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
8     Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 400,000
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
11    Approve Issuance of 45,000 Warrants to    For       Against    Management
      Gerard Held
12    Approve Issuance of 45,000 Warrants to    For       Against    Management
      Carl Pascarella
13    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Approve Employee Stock Purchase Plan      For       For        Management
      Reserved to Business Objects S.A.
      Employee Benefits Trust for Use in 2004
      International Employee Stock Purchase
      Plan
15    Authorize 0.13 Percent of Issued Capital  For       Against    Management
      for Use in Restricted Stock Plan
16    Amend Articles to Introduce Additional    For       Against    Management
      Shareholing Disclosure Threshold of Two
      Percent
17    Amend Articles to Reflect 2004-604 June   For       For        Management
      24, 2004, Changes to the Commecial Code
18    Amend Articles Re: Warrants Granted to    For       For        Management
      Directors
19    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

BYD COMPANY LTD

Ticker:                      Security ID:  CN0006617467
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Working Report of the Board of     For       For        Management
      Directors
2     Accept Working Report of the Supervisory  For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Final Dividend of RMB0.577 Per    For       For        Management
      Share
5     Appoint PricewaterhouseCoopers and        For       For        Management
      PricewaterhouseCoopers Zhong Tian CPAs
      Ltd as International and Domestic
      Auditors, Respectively, and Fix Their
      Remuneration
6     Other Business (Voting)                   For       Against    Management
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
8     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

BYD COMPANY LTD

Ticker:                      Security ID:  CN0006617467
Meeting Date: NOV 10, 2004   Meeting Type: Special
Record Date:  OCT 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Lin You-ren as an Independent       For       For        Management
      Nonexecutive Director Effective Oct. 1,
      2004, with an Initial Term of Three Years


--------------------------------------------------------------------------------

CABLE & WIRELESS PLC

Ticker:       CWP            Security ID:  GB0001625572
Meeting Date: JUL 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Charles Herlinger as Director       For       For        Management
4     Elect Lord Robertson as Director          For       For        Management
5     Re-elect Richard Lapthorne as Director    For       For        Management
6     Re-elect Graham Howe as Director          For       For        Management
7     Re-appoint KPMG Audit Plc as Auditors of  For       For        Management
      the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Amend The Cable & Wireless Incentive Plan For       For        Management
      2001
10    Amend The Cable & Wireless Deferred Short For       For        Management
      Term Incentive Plan
11    Authorise the Directors to Operate The    For       For        Management
      Cable & Wireless Incentive Plan 2001
12    Authorise the Company to Make EU          For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 200,000 and to
      Incur Political Expenditure up to GBP
      200,000
13    Authorise 357 Million Ordinary Shares for For       For        Management
      Market Purchase
14    Amend Articles of Association Re:         For       For        Management
      Dividends
15    Approve Scrip Dividend                    For       For        Management
16    Approve Final Dividend of 3.15 Pence Per  For       For        Management
      Ordinary Share


--------------------------------------------------------------------------------

CADBURY SCHWEPPES PLC

Ticker:       CSG            Security ID:  GB0006107006
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 8.7 Pence Per   For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Wolfgang Berndt as Director      For       For        Management
5     Re-elect Bob Stack as Director            For       For        Management
6     Elect Rosemary Thorne as Director         For       For        Management
7     Re-elect Baroness Wilcox as Director      For       For        Management
8     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 85,680,000
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 12,980,000
12    Authorise 25,960,000 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

CAEMI MINERACAO E METALURGIA S.A.

Ticker:                      Security ID:  BRCMETACNPR5
Meeting Date: APR 15, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
3     Elect Members and Alternates to the Board For       Did Not    Management
      of Directors; Designate Chairman                    Vote
4     Approve Annual Remuneration of Directors  For       Did Not    Management
                                                          Vote
5     Approve Increase in Capital Through       For       Did Not    Management
      Capitalization of Reserves Without                  Vote
      Issuance of Shares; Amend Art. 5


--------------------------------------------------------------------------------

CANON INC.

Ticker:       CAJ            Security ID:  JP3242800005
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 40, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

CAP GEMINI SA

Ticker:                      Security ID:  FR0000125338
Meeting Date: MAY 12, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.40 per Share
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Appoint Daniel Bernard as Director        For       Against    Management
7     Appoint Thierry de Montbrial as Director  For       Against    Management
8     Appoint Marcel Roulet as Censor           For       For        Management
9     Authorize Share Repurchase Program and    For       For        Management
      Cancellation of Repurchased Shares
10    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 1.5 Billion for Bonus Issue or
      Increase in Par Value
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 450 Million
12    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 300 Million
13    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      Proposed in Items 11 and 12
14    Authorize Capital Increase for Future     For       For        Management
      Exchange Offers and Acquisitions
15    Approve Stock Option Plan Grants          For       Against    Management
16    Authorize Up to 2 Million Shares for Use  For       Against    Management
      in Restricted Stock Plan
17    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
18    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      450 Million
19    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

CAPITA GROUP PLC

Ticker:                      Security ID:  GB0001734747
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 3.6 Pence Per   For       For        Management
      Ordinary Share
4     Re-elect Paul Pindar as Director          For       For        Management
5     Re-elect Paddy Doyle as Director          For       For        Management
6     Elect Martina King as Director            For       For        Management
7     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise the Establishment of the 2005   For       For        Management
      Deferred Annual Bonus Plan
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 4,379,478
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 670,837
12    Authorise 66,355,727 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

CAPITALAND LIMITED

Ticker:                      Security ID:  SG1J27887962
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare First and Final Dividend of SGD   For       For        Management
      0.05 Per Share and Special Dividend of
      SGD 0.01 Per Share
3     Approve Directors' Fees of SGD 1.0        For       For        Management
      Million for the Year Ended December 31,
      2004 (2003: SGD 971,340)
4a    Reelect Liew Mun Leong as Director        For       Against    Management
4b    Reelect Richard Edward Hale as Director   For       For        Management
4c    Reelect Peter Seah Lim Huat as Director   For       For        Management
5a    Reelect Richard Hu Tsu Tau as Director    For       For        Management
5b    Reelect Hsuan Owyang as Director          For       For        Management
5c    Reelect Lim Chin Beng as Director         For       For        Management
6     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
7     Other Business (Voting)                   For       Against    Management
8a    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
8b    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the CapitaLand Share
      Option Plan, the CapitaLand Performance
      Share Plan and the CapitaLand Restricted
      Stock Plan


--------------------------------------------------------------------------------

CAPITALIA SPA (FORMERLY BANCA DI ROMA )

Ticker:                      Security ID:  IT0003121495
Meeting Date: MAR 31, 2005   Meeting Type: Annual/Special
Record Date:  MAR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
3     Approve Directors', Internal Auditors',   For       Against    Management
      and Managers' Indemnification/Liability
      Provisions
4     Authorize Capital Increase in the Maximum For       Against    Management
      Nominal Amount of EUR 22 Million Through
      The Issuance of an Equal Number of
      Ordinary Shares Pursuant To the
      Conversion of Non-Transferrable Warrants
      on a 1:1 Ratio Granted to Company
      Employees
5     Authorize Capital Increase Through        For       Against    Management
      Allocation of Income in the Maximum
      Nominal Amount of EUR 10.0 Million
      Through the Issuance of a New Special
      Category of Shares to Be Assigned to
      Company Employees


--------------------------------------------------------------------------------

CARNIVAL PLC (FORMERLY P & O PRINCESS CRUISES PLC)

Ticker:       POC            Security ID:  GB0031215220
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Re-elect Micky Arison as Director of      For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
2     Re-elect Richard Capen Jr. as Director of For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
3     Re-elect Robert Dickinson as Director of  For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
4     Re-elect Arnold Donald as Director of     For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
5     Re-elect Pier Luigi Foschi as Director of For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
6     Re-elect Howard Frank as Director of      For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
7     Elect Richard Glasier as Director of      For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
8     Re-elect Baroness Hogg as Director of     For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
9     Re-elect Kirk Lanterman as Director of    For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
10    Re-elect Modesto Maidique as Director of  For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
11    Re-elect John McNulty as Director of      For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
12    Re-elect Sir John Parker as Director of   For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
13    Re-elect Peter Ratcliffe as Director of   For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
14    Re-elect Stuart Subotnick as Director of  For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
15    Re-elect Uzi Zucker as Director of        For       For        Management
      Carnival Corporation and as a Director of
      Carnival plc
16    Amend Carnival Corporation 2001 Outside   For       For        Management
      Director Stock Plan
17    Approve Carnival plc 2005 Employee Share  For       For        Management
      Plan
18    Approve Carnival plc 2005 Employee Stock  For       For        Management
      Purchase Plan
19    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
20    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
21    Accept Financial Statements and Statutory For       For        Management
      Reports
22    Approve Remuneration Report               For       For        Management
23    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 22,715,147
24    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 17,614,229
25    Authorise 10,610,900 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

CARREFOUR S.A.

Ticker:                      Security ID:  FR0000120172
Meeting Date: APR 20, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Merger by Absorption of Paroma    For       For        Management
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.94 per  Share
5     Ratify Jose-Luis Duran as Director        For       For        Management
6     Adopt Two-Tiered Board Structure and      For       For        Management
      Amend Articles Accordingly
7     Adopt New Articles of Asscociation        For       For        Management
      Pursuant to Legal Changes
8     Elect Luc Vandevelde as Supervisory Board For       For        Management
      Member
9     Elect COMET BV as Supervisory Board       For       For        Management
      Member
10    Elect Carlos March as Supervisory Board   For       For        Management
      Member
11    Elect Jose-Luis Leal Maldonado as         For       For        Management
      Supervisory Board Member
12    Elect Rene Abate as Supervisory Board     For       For        Management
      Member
13    Elect Rene Brillet as Supervisory Board   For       For        Management
      Member
14    Elect Amaury de Seze as Supervisory Board For       For        Management
      Member
15    Elect Anne-Claire Taittinger Supervisory  For       For        Management
      Board Member
16    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 610,000
17    Retroactively Confirm Name Change of      For       For        Management
      Company Auditors to Deloitte & Associes
18    Authorize Repurchase of Up to Three       For       For        Management
      Percent of Issued Share Capital
19    Approve Restricted Stock Grants to        For       Against    Management
      Employees and Officers
20    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
21    Transfer Authority to Grant Stock Options For       Against    Management
      to Management Board Pursuant to Adoption
      of Two-Tiered Board Structure


--------------------------------------------------------------------------------

CARTER HOLT HARVEY LTD.

Ticker:                      Security ID:  NZCAHE0001S6
Meeting Date: JUL 22, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Return of Capital to Shareholders For       For        Management


--------------------------------------------------------------------------------

CARTER HOLT HARVEY LTD.

Ticker:                      Security ID:  NZCAHE0001S6
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAY 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Christopher P. Liddell as Director  For       Against    Management
2     Elect John H. Maasland as Director        For       For        Management
3     Elect Maximo Pacheco as Director          For       For        Management
4     Elect Jonathan P. Mason as Director       For       For        Management
5     Approve Deloitte as Auditors and          For       For        Management
      Authorize Board to Fix Their Remuneration
6     Adopt New Constitution                    For       For        Management


--------------------------------------------------------------------------------

CASINO GUICHARD-PERRACHON & CIE

Ticker:                      Security ID:  FR0000125585
Meeting Date: MAY 26, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2.08 per Share
3     Approve Stock Dividend Program            For       For        Management
4     Approve Accounting Transfer from          For       For        Management
      Long-Term Capital Gains Accounts to Other
      Reserve
5     Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
6     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Approve Special Reserve for Fiscal Year   For       For        Management
      2005 for Payment of Dividends
9     Reelect Fonciere Euris as Director        For       Against    Management
10    Elect Finatis  as Director                For       Against    Management
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 150 Million
12    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 150 Million
13    Authorize Board to Fix Price of Issuances For       Against    Management
      in Item 12
14    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      With or Without Preemptive Rights
      Proposed in Items 11 and 12
15    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 150 Million for Bonus Issue or
      Increase in Par Value
16    Authorize Capital Increase of Up to 10    For       Against    Management
      Percent of Issued Capital for Future
      Acquisitions
17    Authorize of Issuance of Securities       For       For        Management
      Convertible Into Debt
18    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests in
      Items 11 to 16 at EUR 150 Million
19    Authorize Issuance of Securities by 50    For       Against    Management
      Percent Shareholder Convertible Into
      Casino, Guichard-Perrachon Shares
20    Authorize Capital Increase of Up to EUR   For       Against    Management
      150 Million for Future Exchange Offers
21    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
22    Authorize Up to Two Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
23    Approve Merger by Absorption of Nocedel   For       For        Management
      and Issuance of 30 Casino,
      Guichard-Perrachon Shares
24    Approve Merger by Absorption of Kamili    For       For        Management
      and Issuance of 25 Casino,
      Guichard-Perrachon Shares
25    Amend Articles to Reflect Changes in      For       For        Management
      Capital
26    Amend Articles of Association to Reflect  For       For        Management
      2004 Legal Changes
27    Amend Articles to Authorize Board to      For       For        Management
      Issue Bonds/Debentures


--------------------------------------------------------------------------------

CASIO COMPUTER CO. LTD.

Ticker:                      Security ID:  JP3209000003
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 17, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
3     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

CATHAY PACIFIC AIRWAYS

Ticker:                      Security ID:  HK0293001514
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAY 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Final Dividends                   For       For        Management
2a    Reelect Martin CUBBON as Director         For       For        Management
2b    Reelect James Wyndham John HUGHES-HALLETT For       For        Management
      as Director
2c    Reelect YUEN Lik Hang Raymond as Director For       Against    Management
3     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
4     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

CELESIO AG (FORMERLY GEHE AG)

Ticker:                      Security ID:  DE0005858005
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports for Fiscal 2004
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.20 per Share for
      Fiscal 2004
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors


--------------------------------------------------------------------------------

CEMIG, COMPANHIA ENERGETICA DE MINAS GERAIS

Ticker:       CZME70         Security ID:  BRCMIGACNPR3
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Payment of Interest Over Capital  For       Did Not    Management
      and Dividends                                       Vote
4     Elect Supervisory Board Members, Their    For       Did Not    Management
      Alternates and Fix their Remuneration               Vote
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

CEMIG, COMPANHIA ENERGETICA DE MINAS GERAIS

Ticker:       CZME70         Security ID:  BRCMIGACNPR3
Meeting Date: JAN 18, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
2     Modification of Board Composition and     None      Did Not    Shareholder
      Subsequent Election of  Directors and               Vote
      Alternates Through Cumulative Voting in
      Light of Resignation of Board Member


--------------------------------------------------------------------------------

CENTRAL JAPAN RAILWAY CO.

Ticker:                      Security ID:  JP3566800003
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2500,
      Final JY 3000, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

CENTRICA PLC

Ticker:                      Security ID:  GB00B033F229
Meeting Date: MAY 9, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 6.1 Pence Per   For       For        Management
      Ordinary Share
4     Re-elect Patricia Mann as Director        For       For        Management
5     Elect Mary Francis as Director            For       For        Management
6     Elect Paul Rayner as Director             For       For        Management
7     Elect Jake Ulrich as Director             For       For        Management
8     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Approve EU Political Organisation         For       For        Management
      Donations up to GBP 125,000 and Incur EU
      Political Expenditure up to GBP 125,000
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 43,564,579
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 11,571,771
13    Authorise 374,925,383 Ordinary Shares for For       For        Management
      Market Purchase
14    Amend Memorandum and Articles of          For       For        Management
      Association Re: The Indemnification of
      Directors
15    Amend Articles of Association Re:         For       For        Management
      Treausry Shares, Retirement of Directors,
      Voting by Poll and Borrowing Powers


--------------------------------------------------------------------------------

CENTRICA PLC

Ticker:                      Security ID:  GB0005734388
Meeting Date: OCT 21, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sub-Division of Ordinary Shares   For       For        Management
      of 5 5/9 Pence Each into New Ordinary
      Shares of 50/81 of a Penny Each; and
      Consolidation of All New Ordinary Shares
      of 50/81 of a Penny Each into New
      Ordinary Shares of 6 14/81 Pence Each
2     Authorise 349,705,272 Shares for Market   For       For        Management
      Purchase


--------------------------------------------------------------------------------

CENTRO PROPERTIES GROUP ( FORMERLY CENTRO PROPERTIES LTD.)

Ticker:                      Security ID:  AU000000CNP0
Meeting Date: DEC 8, 2004    Meeting Type: Special
Record Date:  DEC 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Ratify Past Issuance of 43.10 Million     For       For        Management
      Stapled Securities at AUD4.64 Per Stapled
      Security on Oct. 21, 2004


--------------------------------------------------------------------------------

CENTRO PROPERTIES GROUP ( FORMERLY CENTRO PROPERTIES LTD.)

Ticker:                      Security ID:  AU000000CEP9
Meeting Date: SEP 17, 2004   Meeting Type: Court
Record Date:  SEP 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Share Scheme Resolution           For       For        Management


--------------------------------------------------------------------------------

CENTRO PROPERTIES GROUP ( FORMERLY CENTRO PROPERTIES LTD.)

Ticker:                      Security ID:  AU000000CEP9
Meeting Date: SEP 17, 2004   Meeting Type: Annual
Record Date:  SEP 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Samuel Kavourakis as Director       For       For        Management
2     Elect Louis Peter Wilkinson as Director   For       For        Management
3     Elect Lawrence Albert Wilson as Director  For       For        Management
4     Elect David Douglas Heydon Graham as      For       For        Management
      Director
1a    Approve Increase Remuneration of          For       For        Management
      Directors to AUD1.25 Million
1b    Amend Articles Replacing Clause 15.3(a)   For       For        Management
      Re: Each Non-Executive Director is
      Entitled to Such Remuneration from the
      Company Provided that the Total Amount
      Paid to All Directors Should Not Exceed
      the Amount Fixed by the Company in a
      General Meeting


--------------------------------------------------------------------------------

CENTRO PROPERTIES GROUP ( FORMERLY CENTRO PROPERTIES LTD.)

Ticker:                      Security ID:  AU000000CEP9
Meeting Date: SEP 17, 2004   Meeting Type: Special
Record Date:  SEP 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Trust Deed-Trust Scheme             For       For        Management
2     Approve Acquisition of Units in the Trust For       For        Management
      by CPT Manager Ltd as Responsible Entity
      of the Prime Retail Property Trust
3     Amend Articles Re: Insertion of New Rule  For       For        Management
      5.6 Immediately Following Rule 5.5
4     Change Company Name to Centro (CPL)       For       For        Management
      Limited
5     Approve Capital Return/Distribution       For       For        Management
      Pursuant to Section 256C (1) of the
      Corporations Act


--------------------------------------------------------------------------------

CHAROEN POKPHAND  FOODS PCL (CP FEEDMILL CO. LTD.)

Ticker:                      Security ID:  TH0101010Z14
Meeting Date: APR 4, 2005    Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Acknowledge the Interim Dividend Payments For       For        Management
5     Approve Allocation of Income and Omission For       For        Management
      of Annual Dividends
6     Elect Directors                           For       For        Management
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
8     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

CHAROEN POKPHAND  FOODS PCL (CP FEEDMILL CO. LTD.)

Ticker:                      Security ID:  TH0101010Z14
Meeting Date: OCT 29, 2004   Meeting Type: Special
Record Date:  OCT 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve Issuance of Debentures            For       For        Management
3     Accept Transfer of Subsidiaries' Business For       For        Management
4     Amend Articles of Association Re:         For       For        Management
      Objectives of the Company
5     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

CHARTERED SEMICONDUCTOR MANUFACTURING LTD

Ticker:                      Security ID:  SG1H23874727
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2a1   Reelect Chia Song Hwee as Director        For       For        Management
2a2   Reelect Tsugio Makimoto as Director       For       For        Management
3a    Reelect Charles E. Thompson as Director   For       For        Management
3b    Reelect Robert E. La Blanc as Director    For       For        Management
4     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
5     Approve Directors' Fees of $459,334 for   For       For        Management
      the Year Ended December 31, 2004 (2003:
      $427,125)
6     Approve Increase in Authorized Share      For       For        Management
      Capital from SGD 800 Million Divided into
      3.08 Billion Ordinary Shares of SGD 0.26
      Each to SGD 1.2 Billion Divided into 4.62
      Billion Ordinary Shares of SGD 0.26 Each
7a    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
7b    Approve Creation and Issuance of          For       For        Management
      Securities Pursuant to the Issuance of
      Shares without Preemptive Rights
7c    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Company's Share
      Option Plan 1999
7d    Approve Issuance of Shares and Grant of   For       For        Management
      Purchase Rights Pursuant to the Company's
      Employee Share Purchase Plan 2004
7e    Approve Issuance of Shares and Grant of   For       For        Management
      Purchase Rights Pursuant to the Share
      Purchase Plan 2004 for Employees of
      Silicon Manufacturing Partners Pte Ltd


--------------------------------------------------------------------------------

CHEUNG KONG HOLDINGS

Ticker:       CHEUY          Security ID:  HK0001000014
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAY 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect Li Ka-shing as Director           For       For        Management
3b    Reelect Li Tzar Kuoi, Victor as Director  For       For        Management
3c    Reelect Pau Yee Wan, Ezra as Director     For       For        Management
3d    Reelect Woo Chia Ching, Grace as Director For       For        Management
3e    Reelect Leung Siu Hon as Director         For       For        Management
3f    Reelect Simon Murray as Director          For       For        Management
3g    Reelect Chow Nin Mow, Albert as Director  For       For        Management
3h    Reelect Kwan Chiu Yin, Robert as Director For       For        Management
3i    Reelect Cheong Ying Chew, Henry as        For       For        Management
      Director
4     Approve Deloitte Touche Tohmatsu as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5a    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5b    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

CHEUNG KONG INFRASTRUCTURE

Ticker:                      Security ID:  BMG2098R1025
Meeting Date: DEC 14, 2004   Meeting Type: Special
Record Date:  DEC 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of 100 Ordinary       For       For        Management
      Shares in Blackwater F Ltd. and the
      Shareholders' Agreement Relating to Gas
      Network Ltd.
2     Approve Sale of the Entire Issued Capital For       For        Management
      of Alpha Central Profits Ltd.
3     Approve Sale of 99 Ordinary Shares in the For       For        Management
      Capital of Gas Network Ltd.


--------------------------------------------------------------------------------

CHEUNG KONG INFRASTRUCTURE

Ticker:                      Security ID:  BMG2098R1025
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Elect Li Tzar Kuoi, Victor as Director    For       For        Management
3b    Elect Kam Hing Lam as Director            For       For        Management
3c    Elect George Colin Magnus as Director     For       For        Management
3d    Elect Ip Tak Chuen, Edmond as Director    For       For        Management
3e    Elect Frank John Sixt as Director         For       For        Management
3f    Elect Lee Pui Ling, Angelina as Director  For       For        Management
3g    Elect Kwok Eva Lee as Director            For       For        Management
3h    Elect Sng Sow-Mei (Phoon Sui Moy, alias   For       For        Management
      Poon Sow Mei) as Director
3i    Elect Colin Stevens Russel as Director    For       For        Management
3j    Elect Lan Hong Tsung, David as Director   For       For        Management
4     Appoint Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
5a    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5b    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

CHINA LIFE INSURANCE CO LTD

Ticker:                      Security ID:  CN0003580601
Meeting Date: AUG 26, 2004   Meeting Type: Special
Record Date:  JUL 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Shi Guoqing as an Additional        For       For        Management
      Non-Executive Director


--------------------------------------------------------------------------------

CHINA LIFE INSURANCE CO LTD

Ticker:                      Security ID:  CN0003580601
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  MAY 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Authorize Board to Fix the Remuneration   For       For        Management
      of the Directors and Supervisors
5     Reappoint PricewaterhouseCoopers Zhong    For       For        Management
      Tian CPAs Limited Company, Certified
      Public Accountants and
      PricewaterhouseCoopers, Certified Public
      Accountants as PRC and International
      Auditors Respectively and Authorize Board
      to Fix Their Remuneration
6     Amend Articles Re: Convening Board        For       For        Management
      Meetings, Delivery of Notices for
      Meetings, Inspection Authority of
      Directors
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


--------------------------------------------------------------------------------

CHINA MOBILE (HONG KONG) LIMITED

Ticker:       CHL            Security ID:  HK0941009539
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Final Dividend of HK$0.46 Per     For       Did Not    Management
      Share                                               Vote
3a    Reelect Wang Jianzhou as Director         For       Did Not    Management
                                                          Vote
3b    Reelect Zhang Chenshuang as Director      For       Did Not    Management
                                                          Vote
3c    Reelect Li Mofang as Director             For       Did Not    Management
                                                          Vote
3d    Reelect Julian Michael Horn-Smith as      For       Did Not    Management
      Director                                            Vote
3e    Reelect Li Yue as Director                For       Did Not    Management
                                                          Vote
3f    Reelect He Ning as Director               For       Did Not    Management
                                                          Vote
3g    Reelect Frank Wong Kwong Shing as         For       Did Not    Management
      Director                                            Vote
4     Reappoint KPMG as Auditors and Authorize  For       Did Not    Management
      Board to Fix Their Remuneration                     Vote
5     Approve Repurchase of Up to 10 Percent of For       Did Not    Management
      Issued Capital                                      Vote
6     Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


--------------------------------------------------------------------------------

CHINA OILFIELD SERVICES LTD

Ticker:                      Security ID:  CN0007789299
Meeting Date: NOV 29, 2004   Meeting Type: Special
Record Date:  OCT 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Provision of Offshore Oilfield    For       For        Management
      Services by China Oilfield Services Ltd.
      and Its Subsidiaries (the Group) to China
      National Offshore Oil Corp. and Its
      Subsidiaries (CNOOC Group)
2     Approve Provision of Offshore Oilfield    For       For        Management
      Services by China Nanhai-Magcobar Mud
      Corp. Ltd. (Magcobar) to CNOOC Group
3     Approve Provision by CNOOC Group of       For       For        Management
      Materials, Utilities, Labor and Ancillary
      Support Services to the Group
4     Approve Provision by CNOOC Group of       For       For        Management
      Materials, Utilities, Labor and Ancillary
      Support Services to Magcobar
5     Approve Provision by CNOOC Group of       For       For        Management
      Office and Production Premises and
      Related Property Management Services to
      the Group (Including Magcobar)
6     Approve Provision of Depositary and       For       Against    Management
      Transaction Settlement Services by CNOOC
      Finance Corp. Ltd. to the Group


--------------------------------------------------------------------------------

CHINA OILFIELD SERVICES LTD

Ticker:                      Security ID:  CN0007789299
Meeting Date: OCT 28, 2004   Meeting Type: Special
Record Date:  OCT 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Interim Dividend of       For       For        Management
      RMB0.0229 Per Share
2     Approve Cap Amount of Connected           For       Against    Management
      Transactions with a Related Party
3     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Nomination of Directors,
      Editing Changes


--------------------------------------------------------------------------------

CHINA PETROLEUM & CHEMICAL CORP.

Ticker:                      Security ID:  CN0005789556
Meeting Date: DEC 21, 2004   Meeting Type: Special
Record Date:  NOV 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Certain            For       For        Management
      Petrochemical Assets from China
      Petrochemical Corp. (Sinopec Group Co.)
2     Approve Acquisition of Certain Catalyst   For       For        Management
      Assets from Sinopec Group Co.
3     Approve Acquisition of Certain Gas        For       For        Management
      Station Assets from Sinopec Group Co.
4     Approve Disposal of Certain Downhole      For       For        Management
      Operation Assets to Sinopec Group Co.
5     Authorize Board to Perform All Relevant   For       For        Management
      Matters in Relation to the Acquisition
      and Disposition
6     Approve Proposal Regarding the Adjustment For       For        Management
      to the Capital Expenditure Plan for the
      Year 2004


--------------------------------------------------------------------------------

CHINA PETROLEUM & CHEMICAL CORP.

Ticker:                      Security ID:  CN0005789556
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Final Dividend                    For       For        Management
5     Appoint PRC and International Auditors,   For       For        Management
      Respectively, and Authorize Board to Fix
      Their Remuneration
6     Approve Feasibility Study Report of       For       Against    Management
      Tianjin One Million Tonnes Per Annum
      Ethylene and Auxiliary Facilities Project


--------------------------------------------------------------------------------

CHINA SHIPPING CONTAINER LINES CO LTD

Ticker:                      Security ID:  CN000A0B5MC3
Meeting Date: FEB 18, 2005   Meeting Type: Special
Record Date:  JAN 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Board Composition      For       For        Management
2     Elect Yan Mingyi as a Non-Executive       For       For        Management
      Director
3     Elect Huang Xiaowen as an Executive       For       For        Management
      Director
4     Elect Zhao Hongzhou as an Executive       For       For        Management
      Director
5     Elect Zhang Guofa as a Non-Executive      For       Against    Management
      Director
6     Elect Huang Xinming as a Supervisor       For       For        Management
7     Approve Change in Use of the Listing      For       For        Management
      Proceeds
8     Approve Issuance of H Shares without      For       Against    Management
      Preemptive Rights


--------------------------------------------------------------------------------

CHINA SHIPPING CONTAINER LINES CO LTD

Ticker:                      Security ID:  CN000A0B5MC3
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  APR 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Report of the Board of        For       Did Not    Management
      Directors                                           Vote
2     Approve the Report of the Supervisory     For       Did Not    Management
      Committee                                           Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Allocation of Income and Final    For       Did Not    Management
      Dividend of RMB 0.2 Per Share                       Vote
5     Approve Remuneration of Directors and     For       Did Not    Management
      Supervisors                                         Vote
6     Approve PricewaterhouseCoopers Hong Kong, For       Did Not    Management
      Certified Public Accountants and BDO                Vote
      Zhong Hua Certified Public Accountants as
      International and PRC Auditors and
      Authorize Board to Fix Their Remuneration
7     Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights
8     Other Business (Voting)                   For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

CHINA SHIPPING DEVELOPMENT CO.(FORMERLY SHANGHAI HAI XING)

Ticker:                      Security ID:  CN0008932385
Meeting Date: AUG 17, 2004   Meeting Type: Special
Record Date:  JUL 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Wong Kunhe as Executive Director    For       For        Management
      and Authorize Board to Amend the Articles
      of Association to Reflect any
      Consequential Changes Resulting from His
      Appointment
2     Approve Issuance of Bonds in the          For       For        Management
      Principal Amount of RMB2.0 Billion
      Convertible into A Shares with a Nominal
      Value of RMB1.0 Each; Increase in
      Registered Capital; Issuance of New A
      Shares Pursuant to the Exercise of
      Conversion Rights


--------------------------------------------------------------------------------

CHINA SHIPPING DEVELOPMENT CO.(FORMERLY SHANGHAI HAI XING)

Ticker:                      Security ID:  CN0008932385
Meeting Date: MAR 1, 2005    Meeting Type: Special
Record Date:  JAN 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve First Bareboat Chaterparties for  For       For        Management
      the Lease of Four Container Vessels by
      China Shipping Devt. Co. Ltd. (the
      Company) to China Shipping Container
      Lines Co. Ltd., the Continuing Connected
      Transactions and Annual Cap
2     Approve Second Bareboat Charterparty for  For       For        Management
      the Lease of a Container Vessel by Xiang
      Xiu Shipping S.A. (Xiang Xiu Shipping) to
      China Shipping Container Lines (Asia) Co.
      Ltd. (CS Container Lines (Asia)), the
      Continuing Connected Transactions and
      Annual Cap
3     Approve Third Bareboat Charterparties for For       For        Management
      the Lease of Container Vessels by Xiang
      Da Shipping S.A., Xiang Xiu Shipping,
      Xiang Xin Shipping S.A. and Xiang Wang
      Shipping S.A. to CS Container Lines
      (Asia), the Continuing Connected
      Transactions and Annual Cap
4     Approve Fourth Bareboat Charterparty for  For       For        Management
      the Lease of an Oil Tanker by Shanghai
      Shipping Industrial Co. Ltd. to the
      Company, the Continuing Connected
      Transactions and Annual Cap
5     Approve Fifth Bareboat Charterparty for   For       For        Management
      the Lease of an Oil Tanker by China
      Shipping (Hong Kong) Hldgs. Co. Ltd. to
      the Company, the Continuing Connected
      Transactions and Annual Cap
6     Approve Sale of an Oil Tanker Named       For       For        Management
      Daqing 242 by the Company to China
      Shipping Industry Co. Ltd. (CS Industry)
      and the Transactions Contemplated
      Thereunder
7     Approve Sale of an Oil Tanker Named Ning  For       For        Management
      He by the Company to CS Industry and the
      Transactions Contemplated Thereunder
8     Elect Mao Shi Jia as an Executive         For       For        Management
      Director and Authorize Board to Make
      Amendments to the Articles of Association
      to Reflect Any Changes Resulting from
      Such Appointment
9     Elect Yan Mingyi as a Supervisor and      For       For        Management
      Authorize Board to Make Amendments to the
      Articles of Association to Reflect Any
      Changes Resulting from Such Appointment


--------------------------------------------------------------------------------

CHINA SHIPPING DEVELOPMENT CO.(FORMERLY SHANGHAI HAI XING)

Ticker:                      Security ID:  CN0008932385
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:  APR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept 2004 Report of the Board of        For       For        Management
      Directors
2     Accept 2004 Report of the Supervisory     For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Profit Distribution Plan for 2004 For       For        Management
5     Approve Remuneration of Directors and     For       For        Management
      Supervisors
6     Reappoint Shanghai Zhonghua Huying C.P.A. For       For        Management
      and Ernst & Young as Domestic and
      International Auditors Respectively for
      2005 and Authorize Board to Fix Their
      Remuneration
7     Approve Establishment of Remuneration     For       For        Management
      Committee Comprising of Wang Daxiong, an
      Executive Director, and Xie Rong and Hu
      Honggao, Independent Directors, and the
      Adoption of the Implementation Rules for
      the Remuneration Committee
8     Amend Articles Re: Election of Directors, For       For        Management
      Convening of Board Meetings


--------------------------------------------------------------------------------

CHINA SOUTHERN AIRLINES LTD

Ticker:                      Security ID:  CN0009084145
Meeting Date: DEC 31, 2004   Meeting Type: Special
Record Date:  NOV 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Certain Airline    For       For        Management
      Operations, Assets, Properties and Debts
      from China Southern Air Hldg. Co.
      (CSAHC), China Northern Airlines Co.
      (Northern Airlines) and Xinjiang Airlines
      Co. (Xinjiang Airlines)
2     Approve Lease Agreement Between China     For       For        Management
      Southern Airlines Co. Ltd. (the Company),
      CSAHC and Northern Airlines
3     Approve Lease Agreement Between the       For       For        Management
      Company, CSAHC and Xinjiang Airlines
4     Approve Lease Agreement Between the       For       For        Management
      Company and CSAHC
5     Approve Catering Agreement Between the    For       For        Management
      Company and China Southern Airlines Group
      Air Catering Co. Ltd.
6     Approve Financial Services Agreement      For       For        Management
      Between the Company and Southern Airlines
      Group Finance Co. Ltd.
7     Approve Resignation of Wang Chang Shun as For       For        Management
      Director
8     Elect Si Xian Min as Director             For       For        Management


--------------------------------------------------------------------------------

CHINA SOUTHERN AIRLINES LTD

Ticker:                      Security ID:  CN0009084145
Meeting Date: JUN 15, 2005   Meeting Type: Annual
Record Date:  MAY 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Directors            For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Profit Distribution Budget for    For       For        Management
      the Year 2004
5     Appoint KPMG as International Auditors    For       For        Management
      and KPMG Huazhen as the PRC Auditors and
      Authorize Board to Fix Their Remuneration
6     Approve Operating Lease of Five Boeing    For       For        Management
      B737-700, Five Boeing B737-800, Five
      Airbus A320-000 and 10 Airbus A321-200
7     Approve Amendments to the Rules of        For       For        Management
      Procedures for Shareholders General
      Meetings
8     Approve Amendments to the Rules of        For       For        Management
      Procedures for Board of Directors
9     Approve Airbus Aircraft Acquisition       For       For        Management
      Agreement Between Airbus SNC, Southern
      Airlines (Group) Import and Export
      Trading Co., and China Southern Airlines
      Co. Ltd. (Company) for the Acquisition of
      Five A380 Aircraft from Airbus SNC
10    Approve Boeing Aircraft Acquisition       For       For        Management
      Agreement for the Acquisition of 12
      B737-700 Aircraft and 18 B737-800
      Aircraft by the Company and 15 B737-800
      Aircraft by Xiamen Airlines Co. Ltd. from
      The Boeing Co.
1     Amend Articles Re: Rights, Obligations,   For       For        Management
      and General Meetings of Shareholders,
      Board of Directors
2     Amend Articles Re: Election of Directors  For       For        Shareholder
      and Supervisors


--------------------------------------------------------------------------------

CHINA SOUTHERN AIRLINES LTD

Ticker:                      Security ID:  CN0009084145
Meeting Date: NOV 29, 2004   Meeting Type: Special
Record Date:  OCT 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Resignation of Yan Zhi Qing as    For       For        Management
      Director
2     Elect Liu Shao Yong as Director           For       For        Management


--------------------------------------------------------------------------------

CHINA TELECOM CORPORATION LTD

Ticker:                      Security ID:  CN0007867483
Meeting Date: DEC 20, 2004   Meeting Type: Special
Record Date:  NOV 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Resignation of Zhou Deqiang as    For       For        Management
      Executive Director
2     Approve Resignation of Chang Xiaobing as  For       For        Management
      Executive Director
3     Elect Wang Xiaochu as an Executive        For       For        Management
      Director, Authorize Any Director to Sign
      the Service Contract on Behalf of the
      Company and Authorize Board to Fix His
      Remuneration
4     Elect Leng Rongquan as an Executive       For       For        Management
      Director, Authorize Any Director to Sign
      the Service Contract on Behalf of the
      Company and Authorize Board to Fix His
      Remuneration
5     Elect Li Jinming as a Non-Executive       For       For        Management
      Director and Authorize Any Director to
      Sign the Service Contract on Behalf of
      the Company


--------------------------------------------------------------------------------

CHINA TELECOM CORPORATION LTD

Ticker:                      Security ID:  CN0007867483
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3     Reappoint KPMG as International Auditors  For       For        Management
      and KPMG Huazhen as Domestic Auditors and
      Authorize Board to Fix Their Remuneration
4     Approve Charter for Supervisory Committee For       For        Management
      of China Telecom Corporation Limited
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Authorize Board to Increase the           For       Against    Management
      Registered Capital and Amend Articles of
      Association to Reflect Such Increase
      Under the General Mandate


--------------------------------------------------------------------------------

CHINA TELECOM CORPORATION LTD

Ticker:                      Security ID:  CN0007867483
Meeting Date: OCT 20, 2004   Meeting Type: Special
Record Date:  SEP 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Yang Jie and Sun Kangmin as         For       For        Management
      Executive Directors and Authorize Board
      to Fix Their Remuneration
2     Amend Articles Re: Capital Structure,     For       For        Management
      Board Composition, Material Interest of
      Directors in Contracts Entered into by
      the Company


--------------------------------------------------------------------------------

CHUBU ELECTRIC POWER CO. INC.

Ticker:                      Security ID:  JP3526600006
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 30, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Reduce Directors Term in Office
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor
6     Amend Articles to Require Disclosure of   Against   For        Shareholder
      Individual Director Compensation
7     Amend Articles to Forbid Participation in Against   Against    Shareholder
      Active Testing at Nuclear Fuel
      Reprocessing Plant
8     Amend Articles to Require Assessment of   Against   Against    Shareholder
      Risk-Reducing Impact of Anti-Earthquake
      Measures
9     Amend Articles to Require System to       Against   Against    Shareholder
      Reflect Views of Citizens in Communities
      Where Nuclear Plants are Located
10    Amend Articles to Require Active          Against   Against    Shareholder
      Disclosure of All Safety-Related
      Information


--------------------------------------------------------------------------------

CHUGAI PHARMACEUTICAL CO. LTD.

Ticker:                      Security ID:  JP3519400000
Meeting Date: MAR 23, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 9, Special JY 0
2     Amend Articles to: Allow Company to Limit For       For        Management
      Legal Liability of Outside Directors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


--------------------------------------------------------------------------------

CIBA SPECIALTY CHEMICALS AG

Ticker:                      Security ID:  CH0005819724
Meeting Date: MAR 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.00 per Share
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4     Approve CHF 5,286,000 Reduction in Share  For       For        Management
      Capital via Cancellation of Repurchased
      Shares
5     Approve CHF 138,129,234 Reduction in      For       For        Management
      Share Capital via Lowering of Par Value
      from CHF 3.00 to CHF 1.00 per Share and
      Repayment of CHF 2.00 per Share to
      Shareholders
6     Amend Articles Re: Reduction of Threshold For       For        Management
      for Submission of Shareholder Proposals
      from CHF 300,000 to CHF 100,000 to
      Reflect Reduction in Share Capital under
      Item 5
7     Ratify Ernst & Young AG as Auditors       For       For        Management


--------------------------------------------------------------------------------

CINTRA CONCESIONES DE INFRAESTRUCTURAS DE TRANSPORTE SA

Ticker:                      Security ID:  ES0118900010
Meeting Date: MAR 15, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual Financial Statements    For       For        Management
      and Statutory Reports for Fiscal Year
      Ended 2004
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports for Fiscal Year
      Ended 2004
3     Approve Allocation of Income for Fiscal   For       For        Management
      Year Ended 2004
4     Approve Discharge of Management Board     For       For        Management
      During Fiscal Year 2004
5     Elect Members to the Board of Directors   For       For        Management
6     Approve Stock Option Plan for Executives  For       Against    Management
      and Directors
7     Authorize Share Repurchase Program        For       For        Management
8     Authorize Board to Approve Resolutions;   For       For        Management
      Authorize Filing of Required Documents


--------------------------------------------------------------------------------

CITIZEN WATCH CO. LTD.

Ticker:                      Security ID:  JP3352400000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5.50,
      Final JY 5.50, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Against    Management
      - Abolish Retirement Bonus System
3     Approve Share Exchange Acquisition of     For       For        Management
      Citizen Electronics Co.
4     Approve Share Exchange Acquisition of     For       For        Management
      Miyota Co., Ltd.
5     Approve Share Exchange Acquisition of     For       For        Management
      Cimeo Precision Co., Ltd.
6     Approve Share Exchange Acquisition of     For       For        Management
      Sayama Precision Ind. Co.
7     Approve Share Exchange Acquisition of     For       For        Management
      Kawaguchiko Seimitsu Co., Ltd.
8     Approve Executive Stock Option Plan       For       For        Management
9.1   Elect Director                            For       For        Management
9.2   Elect Director                            For       For        Management
9.3   Elect Director                            For       For        Management
9.4   Elect Director                            For       For        Management
9.5   Elect Director                            For       For        Management
9.6   Elect Director                            For       For        Management
9.7   Elect Director                            For       For        Management
9.8   Elect Director                            For       For        Management
9.9   Elect Director                            For       For        Management
9.10  Elect Director                            For       For        Management
10    Appoint Internal Statutory Auditor        For       Against    Management
11    Appoint Alternate Internal Statutory      For       For        Management
      Auditor
12    Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor
13    Approve Special Payments to Continuing    For       Against    Management
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System


--------------------------------------------------------------------------------

CITY DEVELOPMENTS LTD.

Ticker:                      Security ID:  SG1R89002252
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare First and Final Dividend          For       For        Management
3     Approve Directors' Fees of SGD 220,000    For       For        Management
      for the Year Ended December 31, 2004 and
      Audit Committee Fees of SGD 42,500 Per
      Quarter for the Period from July 1, 2005
      to June 30, 2006
4a    Reelect Foo See Juan as Director          For       For        Management
4b    Reelect Han Vo-Ta as Director             For       For        Management
5a    Reelect Ong Pang Boon as Director         For       For        Management
5b    Reelect Chee Keng Soon as Director        For       For        Management
5c    Reelect Tang See Chim as Director         For       For        Management
6     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
7     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
8     Authorize Share Repurchase Program        For       For        Management
9     Approve Issuance of Shares and Grant of   For       For        Management
      Options Pursuant to the City Developments
      Share Option Scheme 2001
10    Approve Mandate for Transactions with     For       For        Management
      Related Parties


--------------------------------------------------------------------------------

CLARIANT

Ticker:                      Security ID:  CH0012142631
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and Omission For       For        Management
      of Dividends
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4     Approve CHF 57.5 Million Reduction in     For       For        Management
      Share Capital via Reduction of Par Value
      and Repayment of CHF 0.25 to Shareholders
5     Amend Articles to Remove 49-percent       For       For        Management
      Threshold for Mandatory Takeover Bid
6.1   Reelect Robert Raeber as Director         For       For        Management
6.2   Reelect Dieter Seebach as Director        For       For        Management
6.3   Elect Klaus Jenny as Director             For       For        Management
7     Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

CLP HOLDINGS (FORMERLY CHINA LIGHT & POWER)

Ticker:                      Security ID:  HK0002007356
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Approve Final Dividend of HK$0.73 Per     For       For        Management
      Share
2b    Approve Special Final Dividend of HK$0.15 For       For        Management
      Per Share
3a    Reelect Andrew Clifford Winawer Brandler  For       For        Management
      as Director
3b    Reelect Michael David Kadoorie as         For       For        Management
      Director
3c    Reelect Chung Sze Yuen as Director        For       For        Management
3d    Reelect John Andrew Harry Leigh as        For       For        Management
      Director
3e    Reelect Kan Man Lok Paul as Director      For       For        Management
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Term of Appointment for           For       For        Management
      Non-Executive Directors
6     Amend Articles Re: Editing Change         For       For        Management
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
8     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
9     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

CNP ASSURANCES

Ticker:                      Security ID:  FR0000120222
Meeting Date: JUN 7, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.66 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Alexandre Lamfalussy as Director  For       For        Management
6     Elect Henri Proglio as Director           For       For        Management
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Authorize Up to 0.4 Percent of Issued     For       For        Management
      Capital For Use in Restricted Stock Plan
9     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

COBHAM PLC (FORMERLY FR GROUP)

Ticker:                      Security ID:  GB0003430062
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 21.80 Pence Per For       For        Management
      Ordinary Share
4     Re-elect Gordon Page as Director          For       For        Management
5     Re-elect Alex Hannam as Director          For       For        Management
6     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
7     Approve Sub-Division of 147.92 Million    For       For        Management
      Issued and Unissued Ordinary Shares of 25
      Pence Each Into 10 Ordinary Shares of 2.5
      Pence Each
8     Adopt New Articles of Association         For       For        Management
9     Authorise 11,186,781 Ordinary Shares for  For       For        Management
      Market Purchase, or Subject to the
      Passing of Item 7, up to 111,867,810
      Ordinary Shares
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 9,013,047
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,398,347


--------------------------------------------------------------------------------

COCA-COLA AMATIL LTD.

Ticker:                      Security ID:  AU000000CCL2
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAY 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          For       For        Management
      Statutory Reports
2a    Elect W.M. King as Director               For       For        Management
2b    Elect H.A. Schimberg as Director          For       For        Management
2c    Elect D.E. Meiklejohn as Director         For       For        Management
3     Adopt New Constitution                    For       For        Management
4     Approve Variation of Rights of            For       For        Management
      Nonparticipating Shares
5     Approve Reduction in Capital by AUD       For       For        Management
      43,650 and that the Reduction be Effected
      and Satisfied by the Cancellation of
      43.65 Million Non-Participating Shares
6     Approve Remuneration of Directors in the  For       For        Management
      Amount of AUD 1.50 Million Per Annum
7     Approve Participation of T.J. Davis in    For       Against    Management
      the Coca-Cola Amatil Limited Long Term
      Incentive Share Plan by Offering Him
      Rights to Acquire Up to 324,750 Fully
      Paid Ordinary Shares in the Company


--------------------------------------------------------------------------------

COCA-COLA WEST JAPAN CO. (FORM. KITA KYUSHU COCA-COLA)

Ticker:                      Security ID:  JP3293200006
Meeting Date: MAR 24, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 20,
      Final JY 20, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

COLES MYER LTD.

Ticker:       CM             Security ID:  AU000000CML1
Meeting Date: NOV 18, 2004   Meeting Type: Annual
Record Date:  NOV 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Presentations by Chairman and CEO None      None       Management
2     Accept Financial Statements and Statutory None      None       Management
      Reports
3a    Elect Martyn K. Myer as Director          For       For        Management
3b    Elect Patty E. Akopiantz as Director      For       For        Management
3c    Elect Ange T. Kenos as Director           Against   Against    Shareholder
4     Approve Senior Executive Performance      For       For        Management
      Share Plan


--------------------------------------------------------------------------------

COMFORTDELGRO CORP LTD

Ticker:                      Security ID:  SG1N31909426
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare Final Dividend of SGD 0.03007 Per For       For        Management
      Share Less Income Tax
3     Approve Directors' Fees of SGD 433,500    For       For        Management
      for the Year Ended December 31, 2004
      (2003: SGD 377,891)
4     Reelect Wang Kai Yuen as Director         For       For        Management
5     Reelect Oo Soon Hee as Director           For       For        Management
6     Reelect Ong Ah Heng as Director           For       For        Management
7     Reappoint Deloitte & Touche as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
8     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
9     Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the ComfortDelGro
      Employees Share Option Scheme


--------------------------------------------------------------------------------

COMMERCE ASSET-HOLDING BERHAD

Ticker:                      Security ID:  MYL1023OO000
Meeting Date: APR 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve First and Final Dividend of MYR   For       For        Management
      0.10 Per Share Less Income Tax and
      Special Dividend of MYR 0.05 Per Share
      Less Income Tax for the Financial Year
      Ended Dec. 31, 2004
3     Elect Mohd Desa Pachi as Director         For       For        Management
4     Elect Anwar Aji as Director               For       For        Management
5     Elect Roslan A. Ghaffar as Director       For       For        Management
6     Elect Izlan Izhab as Director             For       For        Management
7     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR 60,000 Per Director Per
      Annum for the Financial Year Ended Dec.
      31, 2004
8     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
9     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

COMMERZBANK AG

Ticker:       CRZBY          Security ID:  DE0008032004
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.25 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors for Fiscal 2005
6     Authorize Repurchase of up to Five        For       For        Management
      Percent of Issued Share Capital for
      Trading Purposes
7     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
8     Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 1.5
      Billion with Preemptive Rights; Approve
      Creation of EUR 403 Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights
9     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)


--------------------------------------------------------------------------------

COMMONWEALTH BANK OF AUSTRALIA

Ticker:                      Security ID:  AU000000CBA7
Meeting Date: NOV 5, 2004    Meeting Type: Annual
Record Date:  NOV 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2a    Elect R J Clairs as Director              For       For        Management
2b    Elect B K Ward as Director                For       For        Management
3     Approve Increase in the Remuneration of   For       For        Management
      Non-Executive Directors to AUD 3 Million
4     Approve the Grant of 250,000 Shares to DV For       For        Management
      Murray, the Chief Executive Officer Under
      the Bank's Equity Reward Plan
5     Amend the Constitution of Commonwealth    For       For        Management
      Bank of Australia
6     Amend Constitution Re: Require the Board  Against   Against    Shareholder
      to Appoint an Independent Expert to
      Conduct an Annual Review on the Impact of
      Each Major Change Program on Each
      Business Unit of the Bank


--------------------------------------------------------------------------------

COMPAGNIE DE SAINT GOBAIN

Ticker:                      Security ID:  FR0000125007
Meeting Date: JUN 9, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.28 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Reelect Gian Paolo Caccini as Director    For       For        Management
7     Reelect Jean-Martin Folz as Director      For       For        Management
8     Reelect Michel Pebereau as Director       For       For        Management
9     Elect Gerhard Cromme as Director          For       For        Management
10    Elect Jean-Cyril Spinetta as Director     For       For        Management
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 680 Million
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 270 Million
13    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 84 Million for Bonus Issue or
      Increase in Par Value
14    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
15    Approve Stock Option Plan Grants          For       For        Management
16    Authorize Up to 3 Percent of Issued       For       Against    Management
      Capital For Use in Restricted Stock Plan
17    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
18    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

COMPAGNIE FINANCIERE RICHEMONT SA

Ticker:                      Security ID:  CH0012731458
Meeting Date: SEP 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and Omission For       For        Management
      of Dividends
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4     Relect Johann Rupert, Jean-Paul           For       For        Management
      Aeschimann, Franco Cologni, Leo
      Deschuyteneer, Douro, Yves-Andre Istel,
      Simon Murray, Alain Perrin, Alan Quasha,
      Renwick of Clifton, Juergen Schrempp, and
      Ernst Verloop as Directors; Elect Richard
      Lepeu as Director
5     Ratify PricewaterhouseCoopers as Auditors For       For        Management


--------------------------------------------------------------------------------

COMPANHIA SIDERURGICA DE TUBARAO

Ticker:                      Security ID:  BRCSTBACNPR8
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
3     Elect Board of Directors                  For       Did Not    Management
                                                          Vote
4     Approve Aggregate Remuneration of         For       Did Not    Management
      Directors                                           Vote
5     Elect Supervisory Board                   For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

COMPANHIA SIDERURGICA NACIONAL (CSN)

Ticker:       SID            Security ID:  BRCSNAACNOR6
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Ratify Interim Dividends                  For       Did Not    Management
                                                          Vote
3     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
4     Elect Board of Directors                  For       Did Not    Management
                                                          Vote
5     Approve Aggregate Annual Remuneration of  For       Did Not    Management
      Directors                                           Vote


--------------------------------------------------------------------------------

COMPANHIA SOUZA CRUZ

Ticker:                      Security ID:  BRCRUZACNOR0
Meeting Date: MAR 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Management   For       Did Not    Management
      Report and Independent Auditor's Opinion            Vote
      for Fiscal Year Ended Dec. 31, 2004
2     Approve Allocation of Net Income,         For       Did Not    Management
      Including Dividend Distribution for a               Vote
      Value of BRL 0.824364 Per Share, to be
      Paid After 03-29-2005
3     Approve Annual Aggregate Remuneration of  For       Did Not    Management
      Directors                                           Vote


--------------------------------------------------------------------------------

COMPANHIA VALE DO RIO DOCE

Ticker:       RIO.PR         Security ID:  BRVALEACNPA3
Meeting Date: APR 27, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and Capital  For       Did Not    Management
      Budget                                              Vote
3     Elect Members to the Board of Directors   For       Did Not    Management
                                                          Vote
4     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
5     Approve Remuneration of Directors and     For       Did Not    Management
      Supervisory Board                                   Vote
6     Authorize Increase in Capital, Through    For       Did Not    Management
      Capitalization of Reserves, Without                 Vote
      Issuance of Shares; Amend Art. 5
7     Amend Shareholder Remuneration Policy     For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

COMPASS GROUP PLC

Ticker:                      Security ID:  GB0005331532
Meeting Date: FEB 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 6.2 Pence Per   For       For        Management
      Share
4     Elect Steve Lucas as Director             For       For        Management
5     Elect Andrew Martin as Director           For       For        Management
6     Re-elect Peter Cawdron as Director        For       For        Management
7     Re-elect Alain Dupuis as Director         For       For        Management
8     Re-elect Val Gooding as Director          For       For        Management
9     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Approve Compass Group PLC Share Bonus     For       For        Management
      Matching Plan
12    Authorise EU Political Donations and      For       For        Management
      Expenditure up to Aggregate Nominal
      Amount of GBP 125,000
13    Approve Reduction of the Authorised Share For       For        Management
      Capital of the Company from GBP
      300,050,998 to GBP 300,001,000 By
      Cancelling Each Authorised but Unissued
      Non-Voting Redeemable Preference Share of
      GBP 1
14    Adopt New Articles of Association         For       For        Management
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 10.7 Million
16    Authorise 215,540,302 Shares for Market   For       For        Management
      Purchase


--------------------------------------------------------------------------------

COMSYS HOLDINGS CORP.

Ticker:                      Security ID:  JP3305530002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Did Not    Management
      the Following Dividends: Interim JY 5,              Vote
      Final JY 7, Special JY 3
2.1   Elect Director                            For       Did Not    Management
                                                          Vote
2.2   Elect Director                            For       Did Not    Management
                                                          Vote
2.3   Elect Director                            For       Did Not    Management
                                                          Vote
2.4   Elect Director                            For       Did Not    Management
                                                          Vote
3     Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
4     Approve Retirement Bonuses for Directors  For       Did Not    Management
      and Statutory Auditor                               Vote
5     Approve Executive Stock Option Plan       For       Did Not    Management
                                                          Vote
6     Appoint External Auditor                  For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

CONTINENTAL  AG

Ticker:       CTTAY          Security ID:  DE0005439004
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.80 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors for
      Fiscal 2005
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares


--------------------------------------------------------------------------------

CORIO N.V.  (FORMERLY VIB)

Ticker:                      Security ID:  NL0000288967
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3     Approve Financial Statements and          For       For        Management
      Statutory Reports
4     Discussion on Company's Corporate         None      None       Management
      Governance Structure
5     Receive Explanation on Company's Reserves None      None       Management
      and Dividend Policy
6     Approve Dividend of EUR 2.39 Per Share    For       For        Management
7     Approve Discharge of Management Board     For       For        Management
8     Approve Discharge of Supervisory Board    For       For        Management
9     Discussion on Supervisory Board Profile   None      None       Management
10    Reelect KPMG Accountants N.V. as Auditors For       For        Management
11    Other Business (Non-Voting)               None      None       Management
12    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

CORUS GROUP PLC (FRM.BSKH PLC (FORMERLY BRIT. STEEL PLC )

Ticker:                      Security ID:  GB0008280538
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3.1   Elect Jacques Schraven as Director        For       For        Management
3.2   Elect Rauke Henstra be as Director        For       For        Management
3.3   Re-elect David Lloyd as Director          For       For        Management
3.4   Re-elect Anthony Hayward as Director      For       For        Management
4     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
5     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
6     Authorise the Company to Make EU          For       For        Management
      Political Organisation Donations and
      Incur EU Political Expenditure up to an
      Aggregate Nominal Amount of GBP 50,000
7     Authorise Corus UK Limited to Make EU     For       For        Management
      Political Organisation Donations and
      Incur EU Political Expenditure up to an
      Aggregate Nominal Amount of GBP 50,000
8     Authorise Orb Electrical Steels Limited   For       For        Management
      to Make EU Political Organisation
      Donations and Incur EU Political
      Expenditure up to an Aggregate Nominal
      Amount of GBP 50,000
9     Authorise 444,565,340 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

CREATIVE TECHNOLOGY LTD

Ticker:                      Security ID:  SG1A98006814
Meeting Date: OCT 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Reelect Tang Chun Choy as Director        For       For        Management
3     Approve Directors' Fees of SGD 120,000    For       For        Management
      for the Year Ended June 30, 2004
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Declare Dividend of $.25 Per Share for    For       For        Management
      the Year Ending June 30, 2005
6     Declare Special Dividend of $0.25 Per     For       For        Management
      Share for the Year Ending June 30, 2005
7     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
8     Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Share Option
      Scheme
9     Authorize Share Repurchase Program        For       For        Management
10    Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

CREDIT AGRICOLE SA

Ticker:                      Security ID:  FR0000045072
Meeting Date: MAY 18, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Accounting Transfers From         For       For        Management
      Long-Term Capital Gains Account to
      Ordinary Reserve
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.66 per Share
5     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
6     Elect Alain David as Director             For       Against    Management
7     Elect Philippe Camus as Director          For       Against    Management
8     Reelect Rene Caron as Director            For       For        Management
9     Reelect Alain Dieval as Director          For       Against    Management
10    Reelect Daniel Lebegue as Director        For       For        Management
11    Reelect Michel Michaud as Director        For       For        Management
12    Reelect Jean-Claude Pichon as Director    For       For        Management
13    Reelect Xavier Fontanet as Director       For       For        Management
14    Reelect Corrado Passera as Director       For       For        Management
15    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 670,000
16    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
17    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 2 Billion
18    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 900 Million
19    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 3 Billion for Bonus Issue or
      Increase in Par Value
20    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
21    Approve Capital Increase of Up to EUR 40  For       For        Management
      Million Reserved to Credit Agricole
      International Employees for Use in Stock
      Purchase Plan
22    Approve Capital Increase of EUR 40        For       For        Management
      Million for Use in Stock Purchase Plan
      for US Employees
23    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
24    Amend Article to Increase Minimum         For       For        Management
      Shareholding Disclosure Threshold from
      0.5 Percent to 1 Percent
25    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

CREDIT SAISON CO. LTD.

Ticker:                      Security ID:  JP3271400008
Meeting Date: JUN 25, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 20, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
4.13  Elect Director                            For       For        Management
4.14  Elect Director                            For       For        Management
4.15  Elect Director                            For       For        Management
4.16  Elect Director                            For       For        Management
4.17  Elect Director                            For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

CREDIT SUISSE GROUP (FORMERLY CS HOLDING)

Ticker:       CSR            Security ID:  CH0012138530
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.50 per Share
4     Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital
5.1   Reelect Peter Brabeck-Letmathe, Thomas    For       For        Management
      Bechtler, Robert Benmosche and Ernst
      Tanner as Directors; Elect Jean Lanier
      and Anton van Rossum as Directors
5.2   Ratify KPMG Klynveld Peat Marwick         For       For        Management
      Goerdeler SA as Auditors
5.3   Ratify BDO Visura as Special Auditors     For       For        Management
6     Extend Authorization Term for Creation of For       For        Management
      CHF 22.7 Million Conditional Capital


--------------------------------------------------------------------------------

CRH PLC

Ticker:       CRHCY          Security ID:  IE0001827041
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  MAY 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Declare Dividend                          For       For        Management
3a    Elect T.W. Hill as Director               For       For        Management
3b    Elect D.M. Kennedy as Director            For       For        Management
3c    Elect K. McGowan as Director              For       For        Management
3d    Elect A. O'Brien as Director              For       For        Management
3e    Elect J.L. Wittstock as Director          For       For        Management
3f    Elect N. Hartery as Director              For       For        Management
3g    Elect J.M.C. O'Connor as Director         For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
5     Approve Remuneration of Directors         For       For        Management
6     Authorize Share Repurchase Program of 10% For       For        Management
      of Outstanding Ordinary Share Capital
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to the Aggregate
      Nominal Value of EUR 9,056,000


--------------------------------------------------------------------------------

CSK CORP.

Ticker:       CSKKY          Security ID:  JP3346400009
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 15, Special JY 2
2     Amend Articles to: Expand Business Lines  For       Against    Management
      - Change Company Name to CSK Holdings
      Corp. - Authorize Board to Vary AGM
      Record Date - Clarify Director
      Authorities
3     Approve Corporate Split Agreement         For       For        Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
5     Appoint Internal Statutory Auditor        For       For        Management
6     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

CSR LTD.

Ticker:                      Security ID:  AU000000CSR5
Meeting Date: JUL 15, 2004   Meeting Type: Annual
Record Date:  JUL 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect Ian Blackburne as Director          For       For        Management


--------------------------------------------------------------------------------

CUMERIO SA

Ticker:                      Security ID:  BE0003819365
Meeting Date: JUN 22, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Intermediate Dividends of EUR     For       Did Not    Management
      0.30 per Share                                      Vote
2.1   Ratify PricewaterhouseCoopers as          For       Did Not    Management
      Auditors, Represented by Robert Peirce              Vote
2.2   Approve Remuneration of Auditor           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

DAI NIPPON PRINTING CO. LTD.

Ticker:                      Security ID:  JP3493800001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY
      10.50, Final JY 13.50, Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 1.2 Billion to 1.5 Billion
      Shares - Cancel Year-End Closure of
      Shareholder Register - Reduce Maximum
      Board Size - Increase Maximum Number of
      Internal Auditors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
3.26  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors
6     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

DAICEL CHEMICAL INDUSTRIES LTD.

Ticker:                      Security ID:  JP3485800001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 2
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 550.963 Million to 1.45
      Billion Shares
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management


--------------------------------------------------------------------------------

DAIICHI PHARMACEUTICAL CO. LTD.

Ticker:                      Security ID:  JP3476600006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 25, Special JY 0
2     Approve Formation of Joint Holding        For       For        Management
      Company with Sankyo Co. Ltd.
3     Amend Articles to: Amend Business Lines - For       For        Management
      Reduce Directors Term in Office - Limit
      Legal Liability of Outside Directors
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
4.13  Elect Director                            For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

DAIKIN INDUSTRIES LTD.

Ticker:                      Security ID:  JP3481800005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7,
      Final JY 9, Special JY 2
2     Authorize Share Repurchase Program        For       For        Management
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

DAIMARU INC.

Ticker:                      Security ID:  JP3499000002
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 5, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

DAIMLERCHRYSLER AG

Ticker:                      Security ID:  DE0007100000
Meeting Date: APR 6, 2005    Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.50 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors for
      Fiscal 2005
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Elect Arnaud Lagardere to the Supervisory For       For        Management
      Board
8     Approve Cancellation of Conditional       For       For        Management
      Capital I and II; Amend Conditional
      Capital IV
9     Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 15
      Billion with Preemptive Rights; Approve
      Creation of EUR 300 Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights
10    Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings


--------------------------------------------------------------------------------

DAINIPPON INK & CHEMICAL INC.

Ticker:                      Security ID:  JP3493400000
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 4, Special JY 0
2     Amend Articles to: Abolish Retirement     For       For        Management
      Bonus System
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses to Retiring    For       Against    Management
      Directors and Statutory Auditor, and
      Special Payments to Continuing Directors
      and Auditors in Connection with Abolition
      of Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

DAITO TRUST CONSTRUCTION CO. LTD.

Ticker:                      Security ID:  JP3486800000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 34,
      Final JY 37, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Decrease Authorized Capital from 335.43
      Million Shares to 332.26 Million Shares
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

DAIWA HOUSE INDUSTRY CO. LTD.

Ticker:                      Security ID:  JP3505000004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 17, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
2.20  Elect Director                            For       For        Management
2.21  Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
3.3   Appoint Internal Statutory Auditor        For       For        Management
3.4   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors and Special
      Payments to Continuing Directors and
      Auditors in Connection with Abolition of
      Retirement Bonus System
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

DAIWA SECURITIES GROUP CO. LTD.

Ticker:                      Security ID:  JP3502200003
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director                            For       For        Management
1.2   Elect Director                            For       For        Management
1.3   Elect Director                            For       For        Management
1.4   Elect Director                            For       For        Management
1.5   Elect Director                            For       For        Management
1.6   Elect Director                            For       For        Management
1.7   Elect Director                            For       For        Management
1.8   Elect Director                            For       For        Management
1.9   Elect Director                            For       For        Management
1.10  Elect Director                            For       For        Management
1.11  Elect Director                            For       For        Management
1.12  Elect Director                            For       For        Management
1.13  Elect Director                            For       For        Management
2     Approve Executive Stock Option Plan and   For       For        Management
      Deep Discount Stock Option Plan


--------------------------------------------------------------------------------

DANSKE BANK AS (FORMERLY DEN DANSKE BANK)

Ticker:       DDBD           Security ID:  DK0010274414
Meeting Date: MAR 15, 2005   Meeting Type: Annual
Record Date:  FEB 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors; Allocation of Income
      and Dividends of DKK 7.85 Per Share
2     Reelect Eivind Kolding and Niels Nielsen  For       For        Management
      as Directors
3     Ratify Grant Thornton and KPMG C.         For       For        Management
      Jespersen as Auditors
4     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
5     Approve DKK 339.6 Million Reduction in    For       For        Management
      Share Capital via Share Cancellation
6     Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

DASSAULT SYSTEMES SA

Ticker:                      Security ID:  FR0000130650
Meeting Date: JUN 8, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.38 per Share
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 170,000
7     Ratify PricewaterhouseCoopers Audit as    For       For        Management
      Auditor
8     Ratify Pierre Coll as Alternate Auditor   For       For        Management
9     Reelect Charles Edelstenne as Director    For       Against    Management
10    Reelect Bernard Charles as Director       For       Against    Management
11    Reelect Laurent Dassault as Director      For       Against    Management
12    Reelect Thibault de Tersant as Director   For       Against    Management
13    Reelect Paul R. Brown as Director         For       Against    Management
14    Ratify Appointment of Arnoud de Meyer as  For       Against    Management
      Director
15    Reelect Arnoud de Meyer as Director       For       Against    Management
16    Ratify Appointment of Behrouz Jean-Pierre For       Against    Management
      Chahid-Nourai as Director
17    Reelect Behrouz Jean-Pierre Chahid-Nourai For       Against    Management
      as Director
18    Amend Articles of Association Pursuant to For       For        Management
      June 24, 2004 Legal Changes to French
      Commercial Code
19    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
20    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 15 Million
21    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 15 Million
22    Authorize Board to Increase Capital in    For       For        Management
      the Event Demand Exceeds Amounts Proposed
      Under Items 20 and 21
23    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 15 Million for Bonus Issue or
      Increase in Par Value
24    Authorize Capital Increase of Up to Ten   For       For        Management
      Percent of Issued Capital for Future
      Acquisitions
25    Approve Stock Option Plan Grants          For       Against    Management
26    Authorize Up to One Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
27    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
28    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

DATANG INTERNATIONAL POWER GENERATION COMPANY LIMITED(FORMER

Ticker:                      Security ID:  CN0009060798
Meeting Date: JUN 21, 2005   Meeting Type: Special
Record Date:  MAY 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Refreshment of the Validity       For       For        Management
      Period of the A Shares Issue


--------------------------------------------------------------------------------

DATANG INTERNATIONAL POWER GENERATION COMPANY LIMITED(FORMER

Ticker:                      Security ID:  CN0009060798
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  MAY 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Budget for the Year 2005          For       For        Management
5     Approve Profit Distribution Plan          For       For        Management
6     Reappoint PricewaterhouseCoopers Zhong    For       For        Management
      Tian Certified Public Accountants Co.
      Ltd. and PricewaterhouseCoopers as
      Domestic and International Auditors
      Respectively and Authorize Board to Fix
      Their Remuneration
7     Approve Investment Plans                  For       Against    Management
8     Approve Remuneration Scheme for Directors For       For        Management
      and Supervisors
9     Other Business (Voting)                   For       Against    Management
1     Amend Articles Re: Transfer of 13 Percent For       For        Management
      Stake in the Company
2     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
3a    Approve Refreshment of the Validity       For       For        Management
      Period of the A Shares Issue
3b    Approve Refreshment of the Validity       For       For        Management
      Period of the Private Placement
      Arrangements
4     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

DAVIS SERVICE GROUP PLC (THE)

Ticker:                      Security ID:  GB0002572716
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 11.25 Pence Per For       For        Management
      Share
4     Re-elect Christopher Kemball as Director  For       For        Management
5     Re-elect Paul Smeeth as Director          For       For        Management
6     Elect Philip Rogerson as Director         For       For        Management
7     Elect Per Utnegaard as Director           For       For        Management
8     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
9     Amend Articles of Association Re:         For       For        Management
      Directors' Fees
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 16,897,000
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,534,000
12    Authorise 20,276,000 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

DBS GROUP HOLDINGS LTD. (FORMERLY DEVELOPMENT BANK OF SINGAPORE)

Ticker:                      Security ID:  SG1L01001701
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2a    Declare Final Dividend of SGD 0.22 Per    For       For        Management
      Ordinary Share
2b    Declare Final Dividend of SGD 0.12 Per    For       For        Management
      Non-Voting Convertible Preference Share
2c    Declare Final Dividend of SGD 0.12 Per    For       For        Management
      Non-Voting Redeemable Convertible
      Preference Share
3     Approve Directors' Fees of SGD 976,689    For       For        Management
      for 2004 (2003: SGD 647,851)
4     Appoint Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
5a1   Reelect Jackson Tai as Director           For       For        Management
5a2   Reelect CY Leung as Director              For       For        Management
5a3   Reelect Peter Ong as Director             For       For        Management
5a4   Reelect John Ross as Director             For       For        Management
5b1   Reelect Ang Kong Hua as Director          For       For        Management
5b2   Reelect Goh Geok Ling as Director         For       For        Management
5b3   Reelect Wong Ngit Liong as Director       For       For        Management
6a    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the DBSH Share Option
      Plan
6b    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the DBSH Performance
      Share Plan
6c    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights


--------------------------------------------------------------------------------

DBS GROUP HOLDINGS LTD. (FORMERLY DEVELOPMENT BANK OF SINGAPORE)

Ticker:                      Security ID:  SG1L01001701
Meeting Date: APR 29, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Share Repurchase Program        For       For        Management


--------------------------------------------------------------------------------

DCC PLC

Ticker:                      Security ID:  IE0002424939
Meeting Date: JUL 8, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive and Consider Financial Statements For       For        Management
      and Statutory Reports
2     Declare a Final Dividend of EUR 20.65     For       For        Management
      cents
3a    Reelect Tony Barry as a Director          For       For        Management
3b    Reelect Jim Flavin as a Director          For       For        Management
3c    Reelect Alex Spain as a Director          For       For        Management
4     Reelect Bernard Somers as a Director      For       For        Management
5     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
6     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights Up to the Amount of EUR 7,352,400,
      Representing Approximately One Third of
      the Issued Share Capital
7     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights Up to Aggregate Nominal
      Amount of Five Percent of Issued Share
      Capital
8     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
9     Authorize Reissuance of Repurchased       For       For        Management
      Shares
10    Approve Stock Dividend Program            For       For        Management


--------------------------------------------------------------------------------

DE LA RUE PLC

Ticker:                      Security ID:  GB0009380592
Meeting Date: JUL 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 9.8 Pence Per   For       For        Management
      Ordinary Share
4     Elect Leo Quinn as Director               For       For        Management
5     Re-elect Philip Nolan as Director         For       For        Management
6     Re-elect Keith Hodgkinson as Director     For       For        Management
7     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 15,258,813
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,288,821
11    Authorise 27,447,553 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

DELTA ELECTRONICS PUBLIC CO LTD

Ticker:                      Security ID:  TH0528010Z18
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  MAR 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Elect Directors and Fix Their             For       For        Management
      Remuneration
5     Approve Ernst & Young Office Limited as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Bonus of Directors                For       For        Management
7     Approve Allocation of Income and Dividend For       For        Management
      of Baht 0.80 per Share
8     Approve Issuance of of Warrants to        For       Against    Management
      Directors, Employees, and Advisors of the
      Company
9     Approve Increase in Registered Capital to For       Against    Management
      Baht 1.26 Billion
10    Amend Memorandum of Association to        For       Against    Management
      Reflect Increase in Registered Capital
11    Approve the Issuance of Shares Reserved   For       Against    Management
      Exclusively for the Conversion of
      Warrants
12    Approve the Listing of the Warrants under For       Against    Management
      the ESOP 2005 Project on the Stock
      Exchange of Thailand
13    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

DENKI KAGAKU KOGYO CO. LTD.

Ticker:                      Security ID:  JP3549600009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 1
2     Amend Articles to: Change Location of     For       For        Management
      Head Office
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonuses for Statutory  For       Against    Management
      Auditors


--------------------------------------------------------------------------------

DENSO CORP.

Ticker:                      Security ID:  JP3551500006
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 13,
      Final JY 19, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
4.13  Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       For        Management
6     Approve Executive Stock Option Plan       For       For        Management
7     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

DEUTSCHE BOERSE AG

Ticker:                      Security ID:  DE0005810055
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAY 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.70 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Approve Creation of EUR 35.5 Million Pool For       Against    Management
      of Conditional Capital without Preemptive
      Rights
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Amend Articles Re: Remuneration of        For       For        Management
      Supervisory Board Members
8     Amend Articles Re: Allow Variable Terms   For       Against    Management
      for Supervisory Board Members
9     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft as Auditors for
      Fiscal 2005
10    Remove Rolf Breuer From the Supervisory   Against   Abstain    Shareholder
      Board


--------------------------------------------------------------------------------

DEUTSCHE LUFTHANSA AG

Ticker:                      Security ID:  DE0008232125
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAY 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.30 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Approve Creation of EUR 200 Million Pool  For       For        Management
      of Conditional Capital without Preemptive
      Rights
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors for Fiscal 2005


--------------------------------------------------------------------------------

DEUTSCHE POST AG

Ticker:                      Security ID:  DE0005552004
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAY 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.50 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors for Fiscal 2005
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Approve Creation of EUR 250 Million Pool  For       For        Management
      of Conditional Capital without Preemptive
      Rights
8a    Elect Gerd Ehlers to the Supervisory      For       For        Management
      Board
8b    Elect Roland Oetker to the Supervisory    For       For        Management
      Board
8c    Elect Hans Reich to the Supervisory Board For       For        Management
8d    Elect Juergen Weber to the Supervisory    For       For        Management
      Board


--------------------------------------------------------------------------------

DEXIA

Ticker:                      Security ID:  BE0003796134
Meeting Date: MAY 11, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
2     Approve Cancellation of Repurchased       For       Did Not    Management
      Shares; Amend Articles Accordingly                  Vote
3     Authorize Issuance of Up to One Million   For       Did Not    Management
      Warrants to Participants in Company's               Vote
      2005 Employee Shareholding Plan
4     Authorize Implementation of Approved      For       Did Not    Management
      Resolutions and Filing of Required                  Vote
      Documents/Formalities at Trade Registry


--------------------------------------------------------------------------------

DEXIA

Ticker:                      Security ID:  BE0003796134
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements               For       Did Not    Management
                                                          Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.62 per Share                     Vote
3     Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
4     Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
5     Reelect Elio Di Rupo as Director          For       Did Not    Management
                                                          Vote
6     Reelect Francis Vermeiren as Director     For       Did Not    Management
                                                          Vote
7     Elect Director to Replace Thierry Breton  For       Did Not    Management
      Who Resigned                                        Vote
8     Ratify Gilles Benoist, Anne-Marie Idrac,  For       Did Not    Management
      Denis Kessler, Andre Levy-Lang, Roberto             Vote
      Mazzotta, Gaston Schwerter, Anne-Claire
      Taittinger, and Sir Brian Unwin as
      Independent Directors in Accordance with
      the Requirements of the Belgian Companies
      Code
9     Ratify PricewaterhouseCoopers,            For       Did Not    Management
      represented by Robert Pierce, as Auditors           Vote
10    Approve Remuneration of Auditors in the   For       Did Not    Management
      Amount of EUR 200,000                               Vote
11    Approve Employee Stock Purchase Plan for  For       Did Not    Management
      Employees of U.S. Subsidiaries                      Vote


--------------------------------------------------------------------------------

DIAGEO PLC (FORMERLY GUINNESS PLC)

Ticker:                      Security ID:  GB0002374006
Meeting Date: OCT 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 17 Pence Per    For       For        Management
      Ordinary Share
4     Re-elect Lord Hollick of Notting Hill as  For       For        Management
      Director
5     Re-elect Nick Rose as Director            For       For        Management
6     Re-elect Paul Walker as Director          For       For        Management
7     Elect Todd Stitzer as Director            For       For        Management
8     Elect Jon Symonds as Director             For       For        Management
9     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise Board to Fix Remuneration of
      Auditors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 44,234,986
11    Amend Articles of Association Re:         For       For        Management
      Treasury Shares
12    Authorise 305,752,223 Shares for Market   For       For        Management
      Purchase
13    Amend Diageo Long Term Incentive Plan     For       For        Management
14    Amend Diageo Executive Share Option Plan  For       For        Management
15    Amend Discretionary Incentive Plan        For       For        Management
16    Amend Diageo 2001 Share Incentive Plan    For       For        Management
17    Amend Diageo UK Sharesave Scheme 2000     For       For        Management
18    Amend Diageo 1999 Irish Sharesave Scheme  For       For        Management
19    Amend Diageo Long Term Incentive Plan     For       For        Management


--------------------------------------------------------------------------------

DIXONS GROUP PLC

Ticker:       DXNGY          Security ID:  GB0000472455
Meeting Date: SEP 8, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 5.66 Pence Per  For       For        Management
      Ordinary Share
3     Elect Kevin O'Byrne as Director           For       For        Management
4     Re-elect Sir John Collins as Director     For       For        Management
5     Re-elect Count Emmanuel d'Andre as        For       For        Management
      Director
6     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
8     Approve Remuneration Report               For       For        Management
9     Amend Articles of Association Re:         For       For        Management
      Electronic Communication and Treasury
      Shares
10    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 500,000
      to GBP 750,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 16,239,204
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,435,880
13    Authorise 194 Million Ordinary Shares for For       For        Management
      Market Purchase
14    Amend the Dixons Group plc Approved       For       For        Management
      Employee Share Option Scheme 2000 and the
      Dixons Group plc Unapproved Employee
      Share Option Scheme 2000
15    Approve the Grant of Options to French    For       For        Management
      Employees Under the Dixons Group
      Unapproved Employee Option Scheme 2000


--------------------------------------------------------------------------------

DNB NOR ASA(FRMLY DNB HOLDING ASA (FORMERLY DEN NORSKE BANK  AS))

Ticker:                      Security ID:  NO0010031479
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Relect Andersen, Froestrup, Johannson,    For       For        Management
      Larre, Leroey, Mohn, Roarsen, and
      Schilbred as Members of Supervisory
      Board; Elect Graendsen and Toemeraas as
      New Members of Supervisory Board; Elect
      20 Deputy Members of Supervisory Board
2     Elect Helge Andresen, Frode Hassel,       For       For        Management
      Kristin Normann, and Thorstein Oeverland
      as Members of Control Committee; Elect
      Svein Brustad and Anita Roarsen as Deputy
      Members of Control Committee
3     Elect Per Moeller and Benedicte Schilbred For       For        Management
      as Members of Nominating Committee
4     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income and Dividends of NOK 2.55 Per
      Share
5     Approve Remuneration of Auditors in the   For       For        Management
      Amount of NOK 450,000 for 2004
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Amend Articles Re: Editorial Changes;     For       For        Management
      Establish Term of Board of Directors (One
      Year)
8     Establish Work Description for Nominating For       For        Management
      Committee
9     Receive Company Report on Corporate       None      None       Management
      Governance


--------------------------------------------------------------------------------

DOUGLAS HOLDING AG

Ticker:                      Security ID:  DE0006099005
Meeting Date: MAR 16, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports for Fiscal 2003/2004
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.00 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2003/2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2003/2004
5     Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital; Authorize
      Cancellation or Reissuance of Repurchased
      Shares without Preemptive Rights
6a    Amend Articles Re: General Meeting (to    For       For        Management
      Reflect Pending German Legislation)
6b    Amend Articles Re: Registration for       For       For        Management
      General Meetings (to Reflect Pending
      German Legislation)
6c    Amend Articles Re: Chairmanship of        For       For        Management
      General Meetings (to Reflect Pending
      German Legislation)
7     Amend Articles Re: Voting by Authorized   For       For        Management
      Representative and via Electronic Means
      to Comply with German Corporate
      Governance Code
8     Ratify Susat & Partner OHG as Auditors    For       For        Management
      for Fiscal 2004/2005


--------------------------------------------------------------------------------

DOWA MINING CO. LTD.

Ticker:                      Security ID:  JP3638600001
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 10, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
3     Appoint Alternate Internal Statutory      For       For        Management
      Auditor
4     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

DSM NV

Ticker:                      Security ID:  NL0000009769
Meeting Date: APR 6, 2005    Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2.a   Receive Report of Management Board        None      None       Management
2.b   Receive Presentation on Corporate         None      None       Management
      Governance (Non-Voting)
3.a   Approve Financial Statements and          For       For        Management
      Statutory Reports
3.b   Approve Dividends of EUR 1.75 Per Share   For       For        Management
      (Whereof EUR 0.58 Interim Dividend Paid
      in Aug. 2004)
3.c   Approve Discharge of Management Board     For       For        Management
3.d   Approve Discharge of Supervisory Board    For       For        Management
4     Presentation of Reserve and Dividend      None      None       Management
      Policy (Non-Voting)
5.a   Approve Remuneration Policy for           For       For        Management
      Management Board Members, Including
      Approval of Option Scheme
5.b   Adjust Remuneration of Supervisory Board  For       For        Management
6.a   Reelect Okko Muller to Supervisory Board  For       For        Management
6.b.1 Elect Claudio Sonder to Supervisory Board For       For        Management
6.b.2 Elect Pierre Hochuli to Supervisory Board For       For        Management
7     Elect Chris Goppelsroeder to Management   For       For        Management
      Board
8.a   Grant Board Authority to Issue Authorized For       Against    Management
      Yet Unissued Shares up to 10% of Issued
      Share Capital (20% in Connection with
      Merger or Acquisition) and to Issue All
      Authorized Yet Unissued Preference Shares
8.b   Authorize Board to Exclude Preemptive     For       Against    Management
      Rights from Issuance Under Item 8.a
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Other Business (Non-Voting)               None      None       Management
11    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

DSV

Ticker:                      Security ID:  DK0010262914
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Management's Report               None      None       Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports; Approve Remuneration of
      Directors; Approve Management's Report
3     Approve Allocation of Income              For       For        Management
4     Approve Special Dividends                 For       For        Management
5.1   Approve DKK 3.6 Million Reduction in      For       For        Management
      Share Capital via Share Cancellation
5.2   Change Location of Registered Company     For       For        Management
      Headquarters from Municipality of Lejre
      to Municipality of Broendby
5.3   Amend Articles Re: Set Number of Auditors For       For        Management
      (One or Two); Editorial Change Concerning
      Election of Auditor(s)
6     Elect Directors                           For       Against    Management
7     Ratify Auditors                           For       For        Management
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9     Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

E.ON AG (FORMERLY VEBA AG)

Ticker:                      Security ID:  DE0007614406
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2.35 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
5     Approve Creation of EUR 540 Million Pool  For       For        Management
      of Conditional Capital with Preemptive
      Rights
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Approve Affiliation Agreements with       For       For        Management
      Subsidiaries
8     Amend Articles Re: Changes to the         For       For        Management
      Remuneration of the Supervisory Board
      Members
9     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)
10    Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors


--------------------------------------------------------------------------------

EADS, EUROPEAN AERONAUTIC DEFENCE & SPACE N.V.

Ticker:                      Security ID:  NL0000235190
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Bischoff, Lagardere, Enders,        For       Against    Management
      Forgeard, Gut, Ring, Ucelay, Gallois,
      Grube, David, and Rogowski to Board of
      Directors
2     Approve Board Report Including Chapter on For       Against    Management
      Corporate Governance, Dividend Policy,
      and Remuneration Policy
3     Approve Financial Statements and          For       For        Management
      Statutory Reports
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.50 Per Share; Approve
      Payment Date of June 8, 2005
5     Approve Discharge of Board of Directors   For       For        Management
6     Ratify Ernst & Young Accountants as       For       For        Management
      Auditors
7     Amend Articles to Reflect Amendments to   For       For        Management
      Book 2 of Dutch Civil Code on Two-tiered
      Company Regime
8     Grant Board Authority to Issue Authorized For       Against    Management
      Yet Unissued Shares Up to 1 Percent of
      Authorized Share Capital for Stock Option
      Plans and Employee Share Ownership Plans
9     Approve Reduction in Share Capital via    For       For        Management
      Cancellation of 1.3 Million Shares
10    Authorize Repurchase of Up to Five        For       For        Management
      Percent of Issued Share Capital


--------------------------------------------------------------------------------

EAST JAPAN RAILWAY CO

Ticker:                      Security ID:  JP3783600004
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3000,
      Final JY 3500, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management


--------------------------------------------------------------------------------

EBARA CORP.

Ticker:                      Security ID:  JP3166000004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 7.50, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

EDP-ENERGIAS DE PORTUGAL (FRMLYEDP-ELECTRICIDADE DE PORTUGAL)

Ticker:                      Security ID:  PTEDP0AM0009
Meeting Date: JAN 31, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Auditor and Alternate Auditor       For       Did Not    Management
                                                          Vote
2     Ratify Appointment of Board Members       For       Did Not    Management
                                                          Vote
3     Elect Two New Board Members               For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

EDP-ENERGIAS DE PORTUGAL (FRMLYEDP-ELECTRICIDADE DE PORTUGAL)

Ticker:                      Security ID:  PTEDP0AM0009
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
4     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
5     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
6     Authorize Bond Repurchase Program and     For       Did Not    Management
      Reissuance of Repurchased Bonds                     Vote


--------------------------------------------------------------------------------

EDP-ENERGIAS DE PORTUGAL (FRMLYEDP-ELECTRICIDADE DE PORTUGAL)

Ticker:                      Security ID:  PTEDP0AM0009
Meeting Date: OCT 7, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles 1 and 4 Re: Change Company For       Did Not    Management
      Name to EDP Energias de Portugal SA and             Vote
      Authorization to Increase Share Capital
      in EUR 1.5 Billion
2     Approve Repurchase of Shares              For       Did Not    Management
                                                          Vote
3     Ratify Appointment of Antonio Afonso de   For       Did Not    Management
      Pinto Galvao Lucas and Luis Fernando Mira           Vote
      Amaral in Light of Resignation of Antonio
      de Almeida, and Antonio Jose Fernandes de
      Souza


--------------------------------------------------------------------------------

EFG EUROBANK S.A.

Ticker:                      Security ID:  GRS323013003
Meeting Date: APR 18, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Stock Option Plan for Directors   For       Did Not    Management
      and Employees of the Company and Company            Vote
      Subsidiaries


--------------------------------------------------------------------------------

EFG EUROBANK S.A.

Ticker:                      Security ID:  GRS323013003
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports For Fiscal Year Ended             Vote
      December 31, 2004; Approve Allocation of
      Income
2     Approve Stock Option Plan for Directors   For       Did Not    Management
      and Employees                                       Vote
3     Approve Discharge Of Board and Auditors   For       Did Not    Management
      for Fiscal Year Ended December 31, 2004             Vote
4     Approve Auditors for Fiscal Year Ending   For       Did Not    Management
      Dec. 31, 2005 and Authorize Board to Fix            Vote
      Their Remuneration
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
7     Authorize Board and Managers of the       For       Did Not    Management
      Company to Participate in Boards and                Vote
      Management of Similar Companies


--------------------------------------------------------------------------------

EFG EUROBANK S.A.

Ticker:                      Security ID:  GRS323013003
Meeting Date: NOV 15, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Interim Dividend Distribution For For       Did Not    Management
      2004                                                Vote
2     Authorize Capitalization of Reserves for  For       Did Not    Management
      Bonus Issue; Amend Article Accordingly              Vote
3     Amend Decision of the Annual General      For       Did Not    Management
      Meeting on April 4, 2004 Regarding the              Vote
      Stock Option Plan
4     Approve List of Shareholders From Whom    For       Did Not    Management
      Company Repurchased Shares                          Vote


--------------------------------------------------------------------------------

EISAI CO. LTD.

Ticker:       ESALY          Security ID:  JP3160400002
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 700 Million to 1.1 Billion
      Shares - Clarify Director Authorities -
      Authorize Public Announcements in
      Electronic Format - Introduce Statement
      of Corporate Philosophy
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       Against    Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

ELAN CORPORATION PLC

Ticker:       ELN            Security ID:  IE0003072950
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Re-elect Alan Gillespie as a Director     For       For        Management
3     Re-elect Ann Maynard Gray as a Director   For       For        Management
4     Re-elect Kieran McGowan as a Director     For       For        Management
5     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
6     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      the Authorized but Unissued Share Capital
7     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities for Cash without
      Preemptive Rights up to 40 Million Shares
8     Authorize Repurchase of Up to Fifteeen    For       For        Management
      Percent of Issued Share Capital
9     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

ELECTRABEL

Ticker:                      Security ID:  BE0003637486
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' and Auditors' Reports  None      Did Not    Management
      on Annual Accounts and Consolidated                 Vote
      Accounts
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 15.76 per Share                    Vote
3     Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
4     Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
5.1   Confirm Non-Reelection of Jacques Laurent For       Did Not    Management
                                                          Vote
5.2   Elect Yves de Gaulle as Director          For       Did Not    Management
                                                          Vote
5.3   Elect Robert-Olivier Leyssens as Director For       Did Not    Management
                                                          Vote
5.4   Approve Resignation of Klynveld Peat      For       Did Not    Management
      Marwick Goerdeler Reviseurs                         Vote
      d'Entreprises/Bedrijfsrevisoren as
      Auditors
5.5   Ratify Ernst & Young, Represented by      For       Did Not    Management
      Pierre Anciaux and Vincent Etienne, as              Vote
      Auditors
5.6   Reappoint Deloitte & Touche, Represented  For       Did Not    Management
      by Philip Maeyaert and Josephus Vlaminckx           Vote
      as Auditors
5.7   Approve Annual Remuneration of Auditors   For       Did Not    Management
      of EUR 1.38 Million                                 Vote
6     Discuss Information on the Implementation None      Did Not    Management
      of Belgian Corporate Governance Code                Vote


--------------------------------------------------------------------------------

ELECTRICITY GENERATING PUBLIC CO LTD

Ticker:                      Security ID:  TH0465010013
Meeting Date: APR 25, 2005   Meeting Type: Annual
Record Date:  APR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report and Acknowledge  For       For        Management
      the Payment of the Interim Dividend
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 1.50 per Share
5     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
6     Elect Directors                           For       For        Management
7     Approve Remuneration of Directors         For       For        Management
8     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

ELECTROCOMPONENTS PLC

Ticker:                      Security ID:  GB0003096442
Meeting Date: JUL 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 12.6 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Leslie Atkinson as Director      For       For        Management
5     Re-elect Richard Butler as Director       For       For        Management
6     Re-elect Ian Mason as Director            For       For        Management
7     Re-appoint KPMG Audit Plc as Auditors and For       For        Management
      Authorise Board to Fix Remuneration of
      Auditors
8     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 450,000
      to GBP 600,000
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 4,569,923.90
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights Pursuant to Any Share
      Schemes and Otherwise up to Aggregate
      Nominal Amount of GBP 2,176,233.20
11    Authorise 43,524,665 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

ELECTROLUX AB

Ticker:       ELUXY          Security ID:  SE0000103814
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Michael Treschow as Chairman of     For       Did Not    Management
      Meeting                                             Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
7     Receive President's Report                None      Did Not    Management
                                                          Vote
8     Receive Board and Committee Reports;      None      Did Not    Management
      Receive Auditor's Report                            Vote
9     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
10    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
11    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 7 Per Share                        Vote
12    Determine Number of Members (10) and      For       Did Not    Management
      Deputy Members (0) of Board                         Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 4.6 Million;                Vote
      Approve Remuneration of Auditors
14    Reelect Michael Treschow (Chair), Peggy   For       Did Not    Management
      Bruzelius, Hans Straaberg, Aina Nilsson             Vote
      Stroem, Barbara Thoralfsson, and Karel
      Vuursteen as Directors; Elect Louis
      Hughes, Tom Johnstone, Caroline
      Sundewall, and Marcus Wallenberg as New
      Directors
15.1  Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
15.2  Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote
16.1  Approve Restricted Stock Plan for Key     For       Did Not    Management
      Employees                                           Vote
16.2  Approve Reissuance of 1.5 Million         For       Did Not    Management
      Repurchased Class B Shares for Restricted           Vote
      Stock Plan (Item 16.1)
16.3  Approve Reissuance of 1.3 Million         For       Did Not    Management
      Repurchased Shares to Cover Expenses                Vote
      Connected to 1999-2003 Stock Option Plans
17    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
18    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ELETROBRAS, CENTRAIS ELETRICAS BRASILEIRAS S.A.

Ticker:                      Security ID:  BRELETACNPB7
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
3     Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
4     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
5     Approve Conversion of Credits of          For       Did Not    Management
      Compulsory Loans for an Amount Equal to             Vote
      BRL 3.54 Billion into Preference Class B
      Shares; Amend Art. 6
6     Authorize Increase in Capital Through     For       Did Not    Management
      Capitalization of Reserves; Amend Art. 6            Vote
7     Amend Art. 17 of the Bylaws Re:           For       Did Not    Management
      Decreasing the Terms of Members of the              Vote
      Board to One Year from Three Years


--------------------------------------------------------------------------------

EMAP PLC

Ticker:                      Security ID:  GB0002993037
Meeting Date: JUL 8, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 15.9 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Gary Hughes as Director          For       For        Management
5     Re-elect David Rough as Director          For       For        Management
6     Elect Pierre Danon as Director            For       For        Management
7     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 21,640,000
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,208,000
10    Authorise 25,663,988 Ordinary Shares for  For       For        Management
      Market Purchase
11    Approve the Emap plc Performance Related  For       For        Management
      Pay Plan


--------------------------------------------------------------------------------

EMBRAER, EMPRESA BRASILEIRA DE AERONAUTICA

Ticker:                      Security ID:  BREMBRACNPR1
Meeting Date: APR 18, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
4     Elect Members to the Board of Directors   For       Did Not    Management
                                                          Vote
5     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members and Aggregate Annual Remuneration           Vote
      for Directors
6     Authorize Capitalization of Reserves,     For       Did Not    Management
      Without Issuance of  Shares; Amend Art. 5           Vote
      in Light of Capitalization of Reserve and
      of the Ratification of the New Capital
      Arising from the Exercise of Options to
      Purchase Preferred Shares
7     Amend Arts. 12, 15, 19, 20 and Art. 25    For       Did Not    Management
                                                          Vote
8     Consolidate Bylaws                        For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

EMBRATEL PARTICIPACOES SA

Ticker:       EMT            Security ID:  BREBTPACNPR0
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Elect Director to the Board               For       Did Not    Management
                                                          Vote
4     Approve Aggregate Annual Remuneration of  For       Did Not    Management
      Directors                                           Vote
5     Elect Supervisory Board Members and Fix   For       Did Not    Management
      their Remuneration                                  Vote


--------------------------------------------------------------------------------

EMBRATEL PARTICIPACOES SA

Ticker:       EMT            Security ID:  BREBTPACNPR0
Meeting Date: JUL 23, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Management Board Members            For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

EMI GROUP PLC (FORMERLY THORN EMI)

Ticker:                      Security ID:  GB0000444736
Meeting Date: JUL 13, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 6 Pence Per     For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Martin Bandier as Director       For       For        Management
5     Re-elect Kathleen O'Donovan as Director   For       For        Management
6     Elect John Gildersleeve as Director       For       For        Management
7     Elect Sly Bailey as Director              For       For        Management
8     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 42,090,018
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,520,198
12    Authorise 78,859,975 Ordinary Shares for  For       For        Management
      Market Purchase
13    Amend the EMI Group Savings-Related Share For       For        Management
      Option Scheme
14    Approve the EMI Group Share Incentive     For       For        Management
      Plan
15    Authorise EMI Group plc to Make EU        For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur EU
      Political Expenditure up to GBP 50,000
16    Authorise EMI Music Ltd. to Make EU       For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur
      Political Expenditure up to GBP 50,000
17    Authorise EMI Records Ltd. to Make EU     For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur
      Political Expenditure up to GBP 50,000
18    Authorise EMI Music Publishing Ltd. to    For       For        Management
      Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 50,000
      and Incur Political Expenditure up to GBP
      50,000
19    Authorise Virgin Records Ltd. to Make EU  For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur
      Political Expenditure up to GBP 50,000


--------------------------------------------------------------------------------

ENDESA S.A.

Ticker:                      Security ID:  ES0130670112
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements and Statutory
      Reports, and Discharge Directors
2     Approve Allocation of Income and          For       For        Management
      Dividends
3     Approve Auditors for Company and          For       For        Management
      Consolidated Group
4     Authorize Repurchase of Shares            For       For        Management
5     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
6     Authorize Issuance of Non-Convertible     For       For        Management
      Debt Securities and Approve Listing of
      Securities on Secondary Markets
7     Reelect Management Board Members          For       For        Management
8     Elect Members to Management Board         For       For        Management
9     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

ENEL SPA

Ticker:                      Security ID:  IT0003128367
Meeting Date: MAY 26, 2005   Meeting Type: Annual/Special
Record Date:  MAY 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       Did Not    Management
      Accounts, and Statutory Reports                     Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
1     Amend Article 14.3 of the Bylaws Re:      For       Did Not    Management
      Election of the Board of Directors Via              Vote
      the 'Voto di Lista' System
2     Approve Capital Increase in the Maximum   For       Did Not    Management
      Amount of EUR 28.76 Million Through                 Vote
      Issuance of Shares Pursuant to Share
      Option Scheme in Favor of Top Management
3     Fix Number of Directors                   For       Did Not    Management
                                                          Vote
4     Set Directors' Term of Office             For       Did Not    Management
                                                          Vote
5.1   Elect Directors - Slate 1 Submitted by    None      Did Not    Management
      the Ministry of Economy and Finance                 Vote
      (Majority Shareholder)
5.2   Elect Directors - Slate 2 Submitted by a  None      Did Not    Management
      Group of Institutional Investors                    Vote
6     Elect Chairman of the Board of Directors  For       Did Not    Management
                                                          Vote
7     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
8     Appoint Internal Statutory Auditors to    For       Did Not    Management
      Complete Composition of the Board                   Vote
9     Elect External Auditors for the           For       Did Not    Management
      Three-Year Term 2005-2007; Fix Auditors'            Vote
      Remuneration


--------------------------------------------------------------------------------

ENI SPA

Ticker:       E              Security ID:  IT0003132476
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Approve Allocation of Income              For       For        Management
3     Authorize Share Repurchase Program        For       For        Management
4     Authorize Reissuance of Repurchased       For       For        Management
      Shares To Service Stock Option Plan in
      Favor of Group Management
5     Fix Number of Directors                   For       For        Management
6     Set Directors' Term of Office             For       For        Management
7.1   Elect Directors - Slate 1 Submitted by    None      Against    Management
      the Ministry of Economy and Finance
7.2   Elect Directors - Slate 2 Submitted by a  None      For        Management
      Group of Institutional Investors
      (Minority Slate)
8     Elect Chairman of the board of Directors  For       For        Management
9     Approve Remuneration of Chairman of the   For       For        Management
      Board and of Directors
10.1  Elect Internal Statutory Auditors - Slate None      Against    Management
      1 Submitted by the Ministry of Economy
      and Finance
10.2  Elect Internal Statutory Auditors - Slate None      For        Management
      1 Submitted by a Group of Institutional
      Investors (Minority Slate)
11    Appoint Chairman of the Internal          For       For        Management
      Statutory Auditors' Board
12    Approve Remuneration of Chairman of       For       For        Management
      Internal Statutory Auditors' Board and of
      Primary Internal Statutory Auditors


--------------------------------------------------------------------------------

ENIRO AB

Ticker:                      Security ID:  SE0000718017
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive President's Report                None      Did Not    Management
                                                          Vote
8     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive Board Report             Vote
9.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
9.2   Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 2.20 Per Share                     Vote
9.3   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
10    Determine Number of Members and Deputy    For       Did Not    Management
      Members of Board                                    Vote
11    Elect Lars Berg (Chairman), Per Bystedt,  For       Did Not    Management
      Barbara Donoghue, Erik Engstrom, Urban              Vote
      Jansson, Birgitta Klasen, and Tomas
      Franzen as Directors
12    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 750,000 for Chairman and              Vote
      SEK 300,000 for Other Directors; Approve
      Remuneration for Committee Work
13    Approve Use of SEK 830.2 Million of       For       Did Not    Management
      Unrestricted Shareholders' Equity Reserve           Vote
      for Repurchase of Share Capital (Item 14)
14    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
15    Approve Employee Stock Purchase Plan      For       Did Not    Management
                                                          Vote
16    Authorize Chairman of Board to Appoint    For       Did Not    Management
      Four Representatives of Company's Largest           Vote
      Shareholders to Serve on Nominating
      Committee
17    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
18    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ENTERPRISE INNS PLC

Ticker:                      Security ID:  GB0033872275
Meeting Date: JAN 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 8.4 Pence Per   For       For        Management
      Share
3     Re-elect Ted Tuppen as Director           For       For        Management
4     Re-elect David George as Director         For       For        Management
5     Re-elect Jo Stewart as Director           For       For        Management
6     Elect Susan Murray as Director            For       For        Management
7     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise Board to Fix Remuneration
      of Auditors
8     Approve Remuneration Report               For       For        Management
9     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 200,000
      to GBP 500,000 Per Annum
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 5,825,084
11    Approve Enterprise Inns 2005 Annual Bonus For       For        Management
      Plan
12    Approve Enterprise Inns 2005 Long-Term    For       For        Management
      Incentive Plan
13    Approve Enterprise Inns 2005 Employee     For       For        Management
      Share Option Scheme
14    Approve Enterprise Inns 2005 Save as You  For       For        Management
      Earn Scheme
15    Approve Enterprise Inns 2005 Share        For       For        Management
      Incentive Plan
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 873,763
17    Authorise 52,390,857 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

EPCOS AG

Ticker:                      Security ID:  DE0005128003
Meeting Date: FEB 16, 2005   Meeting Type: Annual
Record Date:  FEB 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and Omission For       For        Management
      of Dividends
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2003/2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2003/2004
5     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors
6a    Elect Wolf-Dieter Bopst to the            For       For        Management
      Supervisory Board
6b    Elect Juergen Heraeus to the Supervisory  For       For        Management
      Board
6c    Elect Anton Kathrein to the Supervisory   For       For        Management
      Board
6d    Elect Joachim Reinhart to the Supervisory For       For        Management
      Board
6e    Elect Klaus Ziegler to the Supervisory    For       For        Management
      Board
6f    Elect Uwe-Ernst Bufe as an Alternate      For       For        Management
      Member to the Supervisory Board


--------------------------------------------------------------------------------

ERICSSON (TELEFONAKTIEBOLAGET L M ERICSSON)

Ticker:       ERICF          Security ID:  SE0000108656
Meeting Date: APR 6, 2005    Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
6.2   Receive Board and Committee Reports       None      Did Not    Management
                                                          Vote
6.3   Receive President's Report; Allow         None      Did Not    Management
      Questions                                           Vote
6.4   Receive Presentation of Audit Work in     None      Did Not    Management
      2004                                                Vote
7.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
7.2   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
7.3   Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 0.25 Per Share                     Vote
8     Determine Number of Members (9) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
9     Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 3 Million for Chairman and            Vote
      SEK 600,000 for Other Directors; Approve
      Remuneration of Committee Members
10    Reelect Michael Treschow, Arne            For       Did Not    Management
      Maartensson, Marcus Wallenberg, Peter               Vote
      Bonfield, Sverker Martin-Loef, Nancy
      McKinstry, Eckhard Pfeiffer, and
      Carl-Henrik Svanberg as Directors;
      Election Ulf Johansson as New Director
11    Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
12    Elect Bjoern Svedberg, Bengt Belfrage,    For       Did Not    Management
      Christer Elmehagen, Michael Treschow, and           Vote
      Curt Kaellstroemer as Members of
      Nominating Committee
13.1  Approve Implementation of 2005 Long-Term  For       Did Not    Management
      Incentive Plan                                      Vote
13.2  Authorize Reissuance of 39.3 Million      For       Did Not    Management
      Repurchased Class B Shares for 2005                 Vote
      Long-Term Incentive Plan for Key
      Employees
14    Authorize Reissuance of 60 Million        For       Did Not    Management
      Repurchased Class B Shares in Connection            Vote
      with 2001 Global Stock Incentive Program,
      2003 Stock Purchase Plan, and 2004
      Long-Term Incentive Plan
15    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ERICSSON (TELEFONAKTIEBOLAGET L M ERICSSON)

Ticker:       ERIAF          Security ID:  SE0000108656
Meeting Date: AUG 31, 2004   Meeting Type: Special
Record Date:  AUG 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Approve Increase in Voting Rights Per     For       Did Not    Management
      Class B Share From 1/1000 to 1/10 of a              Vote
      Vote; Approve Issuance of Conversion
      Rights to Class A Shareholders (Each
      Conversion Right Entitles Holder to
      Convert One Class B Share into One Class
      A Share)
7     Shareholder Proposal: Provide All Shares  Against   Did Not    Shareholder
      with Equal Voting Rights with                       Vote
      Compensation to Class A Shareholders in
      the Form of Class B Shares
8     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ERSTE BANK DER OESTER SPARK

Ticker:                      Security ID:  AT0000652011
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3a    Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
3b    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
4     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
5     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
6     Ratify Auditors                           For       Did Not    Management
                                                          Vote
7     Authorize Repurchase of Issued Share      For       Did Not    Management
      Capital for Trading Purposes                        Vote
8     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
9     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees                                           Vote
10    Adopt New Articles of Association         For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ESPRIT HOLDINGS

Ticker:                      Security ID:  BMG3122U1291
Meeting Date: DEC 3, 2004    Meeting Type: Annual
Record Date:  NOV 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend of HK$0.48 Per     For       For        Management
      Share for the Year Ended June 30, 2004
3     Approve Special Dividend of HK$0.50 Per   For       For        Management
      Share for the Year Ended June 30, 2004
4a    Reelect John Poon Cho Ming as Director    For       For        Management
4b    Reelect Alexander Reid Hamilton as        For       For        Management
      Director
4c    Reelect Simon Lai Sau Cheong as Director  For       For        Management
4d    Reelect Jerome Squire Griffith as         For       For        Management
      Director
5     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
8     Authorize Reissuance of Repurchased       For       For        Management
      Shares
9     Amend Bylaws of the Company               For       For        Management


--------------------------------------------------------------------------------

ESSILOR INTERNATIONAL

Ticker:                      Security ID:  FR0000121667
Meeting Date: MAY 13, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Discharge Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.76 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Philippe Alfroid as Director      For       For        Management
6     Reelect Alain Aspect as Director          For       For        Management
7     Reelect Jean-Pierre Martin as Director    For       For        Management
8     Reelect Bertrand Roy as Director          For       Against    Management
9     Elect Dominique Reiniche as Director      For       For        Management
10    Elect Michel Rose as Director             For       For        Management
11    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 225,000
12    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
13    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
14    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
15    Approve Stock Option Plan Grants          For       Against    Management
16    Approve of Up to One Percent of Issued    For       Against    Management
      Capital for Use in Restricted Stock Plan
17    Set Global Limit for Stock Option and     For       Against    Management
      Restricted Plan at Three Percent of
      Issued Capital
18    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 25 Million
19    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 7 Million
20    Authorize Board to Increase Capital in    For       For        Management
      the Event of Demand Exceeding Amounts
      Proposed in Items 18 and 19
21    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 300 Million for Bonus Issue or
      Increase in Par Value
22    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
23    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

EURONEXT

Ticker:                      Security ID:  NL0000241511
Meeting Date: JUN 1, 2005    Meeting Type: Annual
Record Date:  MAY 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Appoint Secretary for Meeting             For       For        Management
3a    Receive Report of Management Board        None      None       Management
3b    Approve Financial Statements and          For       For        Management
      Statutory Reports
3ci   Receive Report on Dividend and Reserves   None      None       Management
      Policy
3cii  Approve Dividend of EUR 0.60 Per Share    For       For        Management
4a    Approve Discharge of Management Board     For       For        Management
4b    Approve Discharge of Supervisory Board    For       For        Management
5     Reappoint Ernst & Young Accountants and   For       For        Management
      KPMG Accountants N.V. as Auditors
6     Approve Company's Corporate Governance    For       For        Management
      Structure and Policy
7     Discussion on Supervisory Board Profile   None      None       Management
8     Notification of Intended Appointment of   None      None       Management
      Miguel Athayde Marques to Management
      Board
9     Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Management Board
      Members
10    Approve Remuneration of Supervisory Board For       For        Management
11a   Approve Executive Incentive Plan          For       For        Management
      (Approved with Item 11b)
11b   Approve Award of 400,000 Shares to Key    For       For        Management
      Executives and Members of Management
      Board for 2005 (Approved with Item 11a)
11c   Approve Awards of Shares to Individual    For       For        Management
      Members of Management Board for 2005
12a   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12b   Approve Reduction in Issued Share Capital For       For        Management
      by Ten Percent via Cancellation of
      Repurchased Shares
12c   Grant Board Authority to Issue Authorized For       Against    Management
      Yet Unissued Shares Up to One-Third of
      Issued Share Capital
12d   Authorize Board to Exclude Preemptive     For       Against    Management
      Rights from Issuance Under Item 12c
13    Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
14    Other Business (Non-Voting)               None      None       Management
15    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

EXEL PLC

Ticker:       NFC            Security ID:  GB0004486881
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 20.7 Pence Per  For       For        Management
      Ordinary Share
4     Elect John Pattullo as Director           For       For        Management
5     Re-elect John Coghlan as Director         For       For        Management
6     Re-elect Jean-Claude Guez as Director     For       For        Management
7     Re-elect Nigel Rich as Director           For       For        Management
8     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 23,752,000
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 4,145,000
11    Authorise 29,849,000 Ordinary Shares for  For       For        Management
      Market Purchase
12    Approve Exel Long-Term Incentive Plan     For       For        Management
      2005
13    Approve Exel Share Matching Plan 2005     For       For        Management


--------------------------------------------------------------------------------

EXEL PLC

Ticker:       NFC            Security ID:  GB0004486881
Meeting Date: JUL 26, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Tibbett & Britten  For       For        Management
      Group plc


--------------------------------------------------------------------------------

FALCK A/S

Ticker:                      Security ID:  DK0010305317
Meeting Date: OCT 11, 2004   Meeting Type: Special
Record Date:  SEP 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve DKK 35.5 Million Reduction in     For       Did Not    Management
      Share Capital via Lowering of Par Value             Vote
      to DKK 0.60 Each
2     Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

FAMILYMART CO. LTD.

Ticker:                      Security ID:  JP3802600001
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 19,
      Final JY 19, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management


--------------------------------------------------------------------------------

FANUC LTD.

Ticker:                      Security ID:  JP3802400006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 14,
      Final JY 31, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 400 Million to 900 Million
      Shares - Reduce Directors Term in Office
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
3.26  Elect Director                            For       For        Management
3.27  Elect Director                            For       For        Management
4     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
5     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

FAST RETAILING

Ticker:                      Security ID:  JP3802300008
Meeting Date: NOV 25, 2004   Meeting Type: Annual
Record Date:  AUG 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 50,
      Final JY 65, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
3.3   Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

FIAT SPA

Ticker:       FIAPRA         Security ID:  IT0001976403
Meeting Date: JUN 23, 2005   Meeting Type: Annual/Special
Record Date:  JUN 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Fix Number of Directors on the Board;     For       Against    Management
      Elect Directors;  Determine Directors'
      Remuneration
3     Approve Additional Internal Auditors'     For       For        Management
      Indemnification/Liability Provisions
      Following Extension of Their
      Responsibilities
4     Amend Rules Governing Shareholder         For       Against    Management
      Meetings
5     Amend Articles 8 and 12 of the Bylaws Re: For       Against    Management
      Shareholders' Participation to, and Proxy
      Representation in, General Meetings;
      Directors' Responsibilities, Special
      Committees Participation, and
      Remuneration


--------------------------------------------------------------------------------

FINMECCANICA SPA

Ticker:                      Security ID:  IT0001407847
Meeting Date: MAY 31, 2005   Meeting Type: Annual/Special
Record Date:  MAY 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Elect Directors                           For       For        Management
3     Increase Remuneration of External         For       For        Management
      Auditors, PriceWaterhouseCoopers Spa, In
      Connection To Introduction of
      International Accounting Standards
4     Authorize Share Repurchase Program and    For       Against    Management
      Reissuance of Repurchased Shares in
      Connection to Incentive Plans
1     Approve 20:1 Share Consolidation          For       For        Management
2     Amend Article 8 of the Bylaws             For       Against    Management


--------------------------------------------------------------------------------

FKI PLC

Ticker:                      Security ID:  GB0003294591
Meeting Date: JUL 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 3 Pence Per     For       For        Management
      Ordinary Share
4     Elect Charles Matthews as Director        For       For        Management
5     Elect Neil Bamford as Director            For       For        Management
6     Re-elect Sir Michael Hodgkinson as        For       For        Management
      Director
7     Re-elect Reg Gott as Director             For       For        Management
8     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 16,300,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,900,000
12    Authorise 29 Million Ordinary Shares for  For       For        Management
      Market Purchase
13    Amend Articles of Association Re:         For       For        Management
      Electronic Voting


--------------------------------------------------------------------------------

FLUGHAFEN WIEN AG

Ticker:                      Security ID:  AT0000911805
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
4     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

FOMENTO DE CONSTRUCCIONES Y CONTRATAS, S.A.

Ticker:                      Security ID:  ES0122060314
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report Regarding the Modifications For       For        Management
      to Board Guidelines at Previous
      Shareholder Meeting
2     Approve Individual and Consolidated       For       For        Management
      Financial Statements and Discharge
      Directors
3     Approve Allocation of Income              For       For        Management
4     Amend Articles 2, 18, 29, 32, 35, 36, 37, For       For        Management
      38, and 39 of the Bylaws
5     Modify Article 9 and Article 10 of        For       For        Management
      Shareholder Meeting Guidelines
6     Elect Members to Management Board         For       For        Management
7     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
8     Authorize Issuance of Bonds/Debentures    For       For        Management
9     Authorize Repurchase of Shares            For       For        Management
10    Reelect Auditors                          For       For        Management
11    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
12    Approve Minutes of Meeting                For       For        Management


--------------------------------------------------------------------------------

FORTIS SA/NV

Ticker:                      Security ID:  BE0003801181
Meeting Date: MAY 25, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Authorize Share Repurchase Program and    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
3     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

FORTIS SA/NV

Ticker:                      Security ID:  BE0003801181
Meeting Date: MAY 25, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2.1   Discuss Statutory Reports (Non-Voting)    None      Did Not    Management
                                                          Vote
2.2   Discuss Consolidated Financial Statements None      Did Not    Management
                                                          Vote
2.3   Accept Financial Statements               For       Did Not    Management
                                                          Vote
2.4   Adopt Allocation of Income For Fiscal     For       Did Not    Management
      Year 2003                                           Vote
2.5   Discuss Dividend Policy                   None      Did Not    Management
                                                          Vote
2.6   Approve Dividends of EUR 1.04 Per Fortis  For       Did Not    Management
      Unit                                                Vote
2.7   Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
2.8   Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
3     Discuss Implementation of Belgian         None      Did Not    Management
      Corporate Governance Code                           Vote
4.1   Reelect Maurice Lippens as Director       For       Did Not    Management
                                                          Vote
4.2   Reelect Baron Daniel Janssen as Director  For       Did Not    Management
                                                          Vote
4.3   Elect Jean-Paul Votron as Director        For       Did Not    Management
                                                          Vote
5     Authorize Share Repurchase Program and    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
6     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

FORTIS SA/NV

Ticker:                      Security ID:  BE0003801181
Meeting Date: OCT 11, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Jean-Paul Votron to Board of        For       Did Not    Management
      Directors                                           Vote
3.1   Approve Remuneration Report               For       Did Not    Management
                                                          Vote
3.2   Approve Stock Option Plan and Restricted  For       Did Not    Management
      Share Plan for Executive Members of the             Vote
      Board
4     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

FORTUM OYJ (FORMERLY NESTE OY)

Ticker:                      Security ID:  FI0009007132
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
1.3   Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
1.4   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.5   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.58 Per Share                     Vote
1.6   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.7   Approve Remuneration of Supervisory Board For       Did Not    Management
      and Auditors                                        Vote
1.8   Fix Number of Members of Supervisory      For       Did Not    Management
      Board and Auditors                                  Vote
1.9   Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
1.10  Reelect Peter Fagernas, Birgitta Kantola, For       Did Not    Management
      Birgitta Johansson-Hedberg, Lasse                   Vote
      Kurkilahti, and Erkki Virtanen as
      Directors; Elect Matti Lehti and Marianne
      Lie as New Members
1.11  Reelect PricewaterhouseCoopers Ltd as     For       Did Not    Management
      Auditors                                            Vote
2     Approve Distribution of Neste Oil         For       Did Not    Management
      Corporation Shares as Dividend                      Vote
3     Amend Articles 2,6,8,9,11,13, and 18      For       Did Not    Management
                                                          Vote
4     Approve Establishment of Fortumin         For       Did Not    Management
      Taidesaatio Foundation; Approve Donation            Vote
      of Initial Capital
5     Shareholder Proposal: Dissolve            None      Did Not    Shareholder
      Supervisory Board                                   Vote
6     Shareholder Proposal: Establish           None      Did Not    Shareholder
      Nomination Committee                                Vote


--------------------------------------------------------------------------------

FOSTER'S GROUP LTD (FORMERLY FOSTER'S BREWING GROUP LTD)

Ticker:       FBRWY          Security ID:  AU000000FGL6
Meeting Date: OCT 25, 2004   Meeting Type: Annual
Record Date:  OCT 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Mr. D A Crawford as Director        For       For        Management
2     Elect Mr. B Healey as Director            For       For        Management
3     Approve Increase in the Remuneration of   None      None       Management
      Directors to the Amount of AUD1.20
      Million
4     Approval of Foster's Employee Share Grant For       For        Management
      Plan, Foster's Employee Share Grant
      Replica Plan and Issue of Shares Under
      the Share Grant Plan as an Exception to
      ASL Listing Rule 7.1
5     Approve the Participation of Trevor L     For       For        Management
      O'Hoy, President and Chief Executive
      Officer of the Company in the Foster's
      Long Term Incentive Plan


--------------------------------------------------------------------------------

FRANCE TELECOM SA

Ticker:                      Security ID:  FR0000133308
Meeting Date: APR 22, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.48 per Share
4     Approve Accounting Transfers From         For       For        Management
      Long-Term Capital Gains Account to
      Ordinary Reserve
5     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
6     Elect Didier Lombard as Director          For       For        Management
7     Reelect Didier Lombard as Director        For       For        Management
8     Reelect Marcel Roulet as Director         For       For        Management
9     Reelect Stephane Richard as Director      For       For        Management
10    Reelect Arnaud Lagardere as Director      For       For        Management
11    Reelect Henri Martre as Director          For       For        Management
12    Reelect Bernard Dufau as Director         For       For        Management
13    Reelect Jean Simonin as Director          For       For        Management
14    Elect Jean-Yves Bassuel as Representative None      Against    Management
      of Employee Shareholders to the Board
15    Elect Bernard Gingreau as Representative  None      Against    Management
      of Employee Shareholders to the Board
16    Elect Stephane Tierce as Representative   None      Against    Management
      of Employee Shareholders to the Board
17    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 500,000
18    Confirm Name Change of Auditor to         For       For        Management
      Deloitte & Associes
19    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
20    Cancel Outstanding Authority to Issue     For       For        Management
      Bonds/Debentures
21    Amend Articles to Reflect August 2003 and For       Against    Management
      June 2004 Regulations
22    Amend Articles to Reflect the             For       For        Management
      Privatization of the Company
23    Amend Articles to Set Retirement Age of   For       Against    Management
      Chairman, CEO, and Other Executive
      Directors
24    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 4 Billion
25    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 4 Billion
26    Authorize Board to Set Issue Price for    For       Against    Management
      Ten Percent of Issued Capital Pursuant to
      Issue Authority without Preemptive Rights
27    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      Proposed in Items 24 and 25
28    Authorize Capital Increase of Up to EUR 4 For       For        Management
      Billion for Future Exchange Offers
29    Authorize Capital Increase of Up to Ten   For       Against    Management
      Percent of Issued Capital for Future
      Acquisitions
30    Authorize Issuance of Equity Upon         For       For        Management
      Conversion of a Subsidiary's
      Equity-Linked Securities
31    Authorize Capital Increase of Up to EUR   For       For        Management
      400 Million to Participants of Orange
      S.A. Stock Option Plan in Connection with
      France Telecom Liquidity Agreement
32    Approve Restricted Stock Plan for Orange  For       Against    Management
      S.A. Option Holders
33    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      8 Billion
34    Approve Issuance of Securities            For       For        Management
      Convertible into Debt
35    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 2 Billion for Bonus Issue or
      Increase in Par Value
36    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
37    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
38    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

FRANCE TELECOM SA

Ticker:                      Security ID:  FR0000133308
Meeting Date: SEP 1, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption of Wholly    For       For        Management
      Owned Subsidiary Wanadoo; Approve
      Accounting Treatment of Merger
2     Authorize Assumption of 27.38 Million     For       For        Management
      Non-Exercised Wanadoo Stock Options
3     Approve Dissolution of Wanadoo Without    For       For        Management
      Liquidation
4     Authorize Board to Issue Up to 100        For       For        Management
      Million Shares to Signatories of
      Liquidity Agreement Pursuant to
      Conversion of Orange SA Stock Options
5     Approve Stock Option Plan Grants          For       Against    Management
6     Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
7     Amend Terms of Share Repurchase of Up to  For       For        Management
      Ten Percent of Issued Capital Submitted
      to Shareholder Vote at April 9, 2004,
      Shareholder Meeting
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

FRASER AND NEAVE, LIMITED

Ticker:                      Security ID:  SG1O43912722
Meeting Date: JAN 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.35 Per    For       For        Management
      Share
3a    Reappoint Michael Fam as Director         For       For        Management
3b    Reappoint Lee Ek Tieng as Director        For       For        Management
3c    Reappoint Stephen Lee as Director         For       For        Management
4     Approve Directors' Fees of SGD 547,000    For       For        Management
      for the Year Ended Sept. 30, 2005
5     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
6     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
7     Approve Issuance of Shares and Grant of   For       For        Management
      Options Pursuant to the Fraser and Neave,
      Limited Executives Share Option Scheme
8     Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Fraser and Neave,
      Limited Executives Share Option Scheme
      1999
9     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

FRESENIUS MEDICAL CARE AG

Ticker:       FMS            Security ID:  DE0005785802
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.12 per Common Share
      and EUR 1.18 per Preference Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors for
      Fiscal 2005
6     Elect John Kringel to the Supervisory     For       For        Management
      Board
7     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration
8     Approve Creation of EUR 30.7 Million Pool For       For        Management
      of Conditional Capital; Authorize
      Management Board to Decide Whether to
      Exclude Preemptive Rights of Shareholders


--------------------------------------------------------------------------------

FRIENDS PROVIDENT PLC

Ticker:                      Security ID:  GB0030559776
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 5 Pence Per     For       For        Management
      Ordinary Share
3     Elect Adrian Montague as Director         For       For        Management
4a    Re-elect Alison Carnwath as Director      For       For        Management
4b    Re-elect Howard Carter as Director        For       For        Management
5     Re-elect Lady Judge as Director           For       For        Management
6     Approve Remuneration Report               For       For        Management
7     Approve Friends Provident Plc Deferred    For       For        Management
      Bonus Plan 2005
8     Amend Friends Provident Plc Executive     For       For        Management
      Long Term Incentive Plan
9     Amend Friends Provident Plc Executive     For       For        Management
      Share Option Scheme
10    Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 68,599,098.57
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 10,289,864.79
14    Authorise 205,797,295 Shares for Market   For       For        Management
      Purchase
15    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors


--------------------------------------------------------------------------------

FRIENDS PROVIDENT PLC

Ticker:                      Security ID:  GB0030559776
Meeting Date: SEP 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Company's Participation in    For       For        Management
      the Transaction Comprising the Merger of
      ISIS Asset Management and F & C Group
      (Holdings) Ltd.; and Authorise Issuance
      of Equity with Preemptive Rights up to
      GBP 15,700,000 Pursuant to Consideration
      Share Agreement


--------------------------------------------------------------------------------

FUJI PHOTO FILM CO. LTD.

Ticker:       FUJIY          Security ID:  JP3814000000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12.5,
      Final JY 12.5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management
4     Approve Retirement Bonus for Statutory    For       Against    Management
      Auditor


--------------------------------------------------------------------------------

FUJI TELEVISION NETWORK, INC.

Ticker:                      Security ID:  JP3819400007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 600,
      Final JY 4400, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 6 Million to 9 Million
      Shares - Cancel Year-End Closure of
      Shareholder Register - Clarify Board's
      Authority to Vary Record Date for AGM -
      Reduce Maximum Board Size - Reduce
      Directors' Term in Office
3.1   Elect Director                            For       Against    Management
3.2   Elect Director                            For       Against    Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management


--------------------------------------------------------------------------------

FUJITSU LTD.

Ticker:       FJTSY          Security ID:  JP3818000006
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


--------------------------------------------------------------------------------

FURUKAWA ELECTRIC CO. LTD.

Ticker:                      Security ID:  JP3827200001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, with No     For       For        Management
      Dividends
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management


--------------------------------------------------------------------------------

GAMUDA BHD.

Ticker:                      Security ID:  MYL5398OO002
Meeting Date: JAN 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended July
      31, 2004
2     Approve Final Dividend of Nine Percent    For       For        Management
      Per Share Less 28 Percent Income Tax and
      Special Dividend of Five Percent Per
      Share Less 28 Percent Income Tax for the
      Financial Year Ended July 31, 2004
3     Approve Remuneration of Directors for the For       For        Management
      Financial Year Ended July 31, 2004
4     Elect Lin Yun Ling as Director            For       For        Management
5     Elect Eleena Azlan Shah as Director       For       For        Management
6     Elect Ng Kee Leen as Director             For       For        Management
7     Elect Saw Wah Theng as Director           For       For        Management
8     Elect Haji Zainul Ariff bin Haji Hussain  For       For        Management
      as Director
9     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
10    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
11    Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
12    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Lingkaran Trans Kota
      Sdn Bhd


--------------------------------------------------------------------------------

GAS NATURAL SDG, S.A.

Ticker:                      Security ID:  ES0116870314
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual and Consolidated        For       For        Management
      Financial Statements and Statutory
      Reports; Approve Allocation of Income and
      Discharge of Directors for Fiscal Year
      Ended 12-31-04
2     Approve Transfer of Amortization Account  For       For        Management
      to Voluntary Reserves
3     Amend Articles of the Bylaws Re: Minimum  For       For        Management
      Shareholding Requirement to Attend
      Meetings and Proxy Voting
4     Modify Regulations of the General Meeting For       For        Management
5     Fix Number of and Elect Directors         For       For        Management
6     Authorize Share Repurchase                For       For        Management
7     Reelect PricewaterhouseCoopers, S.L. as   For       For        Management
      Auditors for Fiscal Year 2006
8     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

GAZPROM OAO

Ticker:                      Security ID:  US3682872078
Meeting Date: NOV 16, 2004   Meeting Type: Special
Record Date:  OCT 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO EXCLUDE SECTIONS 43.3.-43.7. FROM THE  For       Against    Management
      CHARTER OF OAO GAZPROM. TO AMEND SECTION
      43.2. OF THE CHARTER OF OAO GAZPROM TO
      READ AS FOLLOWS:  43.2 THE SHAREHOLDERS
      OF THE COMPANY ARE EXEMPTED FROM THE
      OBLIGATION PROVIDED FOR UNDER SECTION 2
      OF ARTICLE 80 OF


--------------------------------------------------------------------------------

GEBERIT AG

Ticker:                      Security ID:  CH0008038223
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 22 per Share
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4.1   Reelect Guenter Kelm as Director          For       For        Management
4.2   Reelect Kurt Feller as Director           For       For        Management
5     Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

GENTING BERHAD

Ticker:                      Security ID:  MYL3182OO002
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve Final Dividend for the Financial  For       For        Management
      Year Ended Dec. 31, 2004
3     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR 594,000 for the Financial
      Year Ended Dec. 31, 2004
4     Elect Paduka Nik Hashim bin Nik Yusoff as For       For        Management
      Director
5     Elect Lin See Yan as Director             For       For        Management
6     Elect Mohd Amin bin Osman as Director     For       For        Management
7     Elect Gunn Chit Tuan as Director          For       For        Management
8     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
9     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to 10
      Percent of Issued Share Capital
10    Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

GEORGE WIMPEY PLC

Ticker:                      Security ID:  GB0009713446
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 10.8 Pence Per  For       For        Management
      Share
3     Re-elect Peter Johnson as Director        For       For        Management
4     Re-elect Andrew Carr-Locke as Director    For       For        Management
5     Re-elect Christine Cross as Director      For       For        Management
6     Re-appoint Peter Redfern as Director      For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 32,649,568
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 4,897,435
10    Authorise 39,179,481 Ordinary Shares for  For       For        Management
      Market Purchase
11    Approve Remuneration Report               For       Against    Management


--------------------------------------------------------------------------------

GETINGE AB

Ticker:                      Security ID:  SE0000202624
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Carl Bennet as Chairman of Meeting  For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive Consolidated             Vote
      Financial Statements and Statutory
      Reports; Receive Board and Committee
      Reports
8     Receive President's Report                None      Did Not    Management
                                                          Vote
9     Accept Financial Statements and Statutory For       Did Not    Management
      Reports; Accept Consolidated Financial              Vote
      Statements and Statutory Reports
10    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 1.65 Per Share and a               Vote
      Record Date of April 22, 2005.
11    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
12    Determine Number of Members (7) and       For       Did Not    Management
      Deputy Members of Board (0); Receive                Vote
      Nominating Committee Report
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 2.3 Million;                Vote
      Approve Remuneration for Committee Work
      in the Aggregate Amount of SEK 325,000
14    Reelect Carl Bennet (Chair), Fredrik Arp, For       Did Not    Management
      Carola Lemne, Johan Malmquist, Rolf                 Vote
      Ekedahl, Margareta Norell-Bergendahl, and
      Johan Stern as Directors
15    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Five of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
16    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

GIVAUDAN SA

Ticker:                      Security ID:  CH0010645932
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and an       For       For        Management
      Ordinary Dividend of CHF 9.80 per Share
      and an Extraordinary Dividend of CHF 6.50
      per Share
4     Approve CHF 4 Million Reduction in Share  For       For        Management
      Capital via Cancellation of Repurchased
      Shares
5.1   Reelect Andreas Leuenberger as Director   For       For        Management
5.2   Reelect Henner Schierenbeck as Director   For       For        Management
5.3   Elect Peter Kappeler as Director          For       For        Management
6     Ratify PricewaterhouseCoopers SA as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

GKN PLC (GUEST KEEN & NETFLD.)

Ticker:                      Security ID:  GB0030646508
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 8 Pence Per     For       For        Management
      Share
3     Re-elect Richard Clowes as Director       For       For        Management
4     Elect John Sheldrick as Director          For       For        Management
5     Re-elect Nigel Stein as Director          For       For        Management
6     Re-elect Sir Peter Williams as Director   For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Approve Remuneration Report               For       For        Management
10    Authorise 72,234,688 Shares for Market    For       For        Management
      Purchase
11    Amend Articles of Association Re:         For       For        Management
      Directors' Indemnities


--------------------------------------------------------------------------------

GKN PLC (GUEST KEEN & NETFLD.)

Ticker:                      Security ID:  GB0030646508
Meeting Date: SEP 1, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sale of the Company's Interest in For       For        Management
      AgustaWestland and Related Property


--------------------------------------------------------------------------------

GLAXOSMITHKLINE PLC (FORMERLY GLAXO WELLCOME PLC )

Ticker:       GSK            Security ID:  GB0009252882
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Sir Christopher Gent as Director    For       For        Management
4     Elect Sir Deryck Maughan as Director      For       For        Management
5     Elect Julian Heslop as Director           For       For        Management
6     Re-elect Jean-Pierre Garnier as Director  For       For        Management
7     Re-elect Sir Ian Prosser as Director      For       For        Management
8     Re-elect Ronaldo Schmitz as Director      For       For        Management
9     Re-elect Lucy Shapiro as Director         For       For        Management
10    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
11    Authorise the Audit Committee to Fix      For       For        Management
      Remuneration of the Auditors
12    Approve EU Political Donations up to GBP  For       For        Management
      50,000 and Incur EU Political Expenditure
      up to GBP 50,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 73,301,955
14    Authorise 586,415,642 Ordinary Shares for For       For        Management
      Market Purchase
15    Amend Articles of Association Re:         For       For        Management
      Shareholder Resolutions
16    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors
17    Amend Articles of Association Re:         For       For        Management
      Participation of a Proxy in a Meeting


--------------------------------------------------------------------------------

GN STORE NORD

Ticker:                      Security ID:  DK0010272632
Meeting Date: MAR 14, 2005   Meeting Type: Annual
Record Date:  FEB 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends of DKK 0.60 Per Share
4     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
5     Extend Authorization to Create DKK 205    For       Against    Management
      Million Pool of Conditional Capital
      without Preemptive Rights; Approve
      Creation of DKK 8 Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights for Stock Option
      Program; Approve Special Dividends
6     Elect Directors                           For       Against    Management
7     Ratify Auditors                           For       For        Management
8     Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

GRAFTON GROUP PLC

Ticker:                      Security ID:  IE00B00MZ448
Meeting Date: MAY 9, 2005    Meeting Type: Annual
Record Date:  MAY 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive and Consider Financial Statements For       Did Not    Management
                                                          Vote
2a    Reelect Anthony Collins as Director       For       Did Not    Management
                                                          Vote
2b    Reelect Gillian Bowler as Director        For       Did Not    Management
                                                          Vote
2c    Reelect Richard W. Jewson as Director     For       Did Not    Management
                                                          Vote
2d    Reelect Fergus Malone as Director         For       Did Not    Management
                                                          Vote
2e    Reelect Leo Martin as Director            For       Did Not    Management
                                                          Vote
3     Authorize Board to Fix Remuneration of    For       Did Not    Management
      Auditors                                            Vote
4     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to the Authorized but Unissued
      Share Capital
5     Authorize Board to Allot Equity           For       Did Not    Management
      Securities for Cash without Preemptive              Vote
      Rights up to an Aggregate Nominal Amount
      of 5 Percent of Issued and Outstanding
      Ordinary Share Capital
6     Authorize Repurchase of Up to 10 Percent  For       Did Not    Management
      of Issued Share Capital                             Vote
7     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote
8     Authorize and Renew Contingent Purchase   For       Did Not    Management
      Contract Relating to 'A' Ordinary Shares            Vote
9     Amend 1999 Grafton Group Share Scheme     For       Did Not    Management
                                                          Vote
10    Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

GRAFTON GROUP PLC

Ticker:                      Security ID:  IE00B00MZ448
Meeting Date: OCT 11, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Heiton Group plc   For       Did Not    Management
      by Grafton Group Holdings Limited                   Vote
2     Approve Acquistion of Shares in Heiton    For       Did Not    Management
      Group plc by Weeksbury Limited in                   Vote
      Connection with Acquisition


--------------------------------------------------------------------------------

GROUP 4 SECURICOR PLC

Ticker:                      Security ID:  GB00B01FLG62
Meeting Date: JUN 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 1.85 Pence or   For       For        Management
      DKK 0.1981 Per Share
4     Elect Nick Buckles as Director            For       For        Management
5     Elect Lord Condon as Director             For       For        Management
6     Elect Trevor Dighton as Director          For       For        Management
7     Elect Alf Duch-Pedersen as Director       For       For        Management
8     Elect Grahame Gibson as Director          For       For        Management
9     Elect Thorleif Krarup as Director         For       For        Management
10    Elect Bo Lerenius as Director             For       For        Management
11    Elect Jorgen Philip-Sorensen as Director  For       For        Management
12    Elect Waldemar Schmidt as Director        For       For        Management
13    Elect Lord Sharman as Director            For       For        Management
14    Elect Malcolm Williamson as Director      For       For        Management
15    Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
16    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 105,000,000
17    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 15,800,000
18    Authorise 126,400,000 Ordinary Shares for For       For        Management
      Market Purchase
19    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors


--------------------------------------------------------------------------------

GROUPE BELGACOM(FRMLY BELGACOM SA DE DROIT PUBLIC)

Ticker:                      Security ID:  BE0003810273
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' Reports                None      Did Not    Management
                                                          Vote
2     Receive Auditors' Reports                 None      Did Not    Management
                                                          Vote
3     Acknowledge Information Received by       None      Did Not    Management
      Commission                                          Vote
4     Receive Consolidated Financial Statements None      Did Not    Management
      and Statutory Reports (Non-Voting)                  Vote
5     Approve Financial Statements, Allocation  For       Did Not    Management
      of Income and Dividends of EUR 1.64 per             Vote
      Share
6     Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
7     Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
8.1   Approve Remuneration of Oren Shaffer      For       Did Not    Management
                                                          Vote
8.2   Approve Remuneration of Theo Dilissen     For       Did Not    Management
                                                          Vote
9     Transact Other Business                   None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

GROUPE BELGACOM(FRMLY BELGACOM SA DE DROIT PUBLIC)

Ticker:                      Security ID:  BE0003810273
Meeting Date: APR 13, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
2     Amend Articles to Authorize Shareholders  For       Did Not    Management
      to Vote by Mail                                     Vote
3     Authorize Implementation of Approved      For       Did Not    Management
      Resolutions and Filing of Required                  Vote
      Documents/Formalities at Trade Registry


--------------------------------------------------------------------------------

GROUPE DANONE

Ticker:       DA             Security ID:  FR0000120644
Meeting Date: APR 22, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.35 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Bruno Bonnell as Director         For       For        Management
6     Reelect Michel David-Weill as Director    For       For        Management
7     Reelect Jacques Nahmias as Director       For       For        Management
8     Reelect Jacques Vincent as Director       For       For        Management
9     Reelect Hirokatsu Hirano as Director      For       For        Management
10    Reelect Jean Laurent as Director          For       For        Management
11    Elect Bernard Hours as Director           For       For        Management
12    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
13    Authorize Issuance of Bonds/Debentures in For       For        Management
      the Aggregate Value of EUR 2 Billion
14    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 45 Million
15    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 33 Million
16    Authorize Board to Increase Capital in    For       For        Management
      the Event of Demand Exceeding Amounts
      Proposed in Items 14 and 15
17    Authorize Capital Increase of Up to EUR   For       For        Management
      33 Million for Future Exchange Offers
18    Authorize Capital Increase of Up to Ten   For       For        Management
      Percent of Issued Capital for Future
      Exchange Offers
19    Authorize Issuance of Securities          For       For        Management
      Convertible Into Debt
20    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 33 Million for Bonus Issue or
      Increase in Par Value
21    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
22    Approve Stock Option Plan Grants          For       Against    Management
23    Authorize Issuance of Up to 0.4 Percent   For       Against    Management
      of Issued Capital For Restricted Stock
      Plan
24    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
25    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

GRUPO FERROVIAL S.A

Ticker:                      Security ID:  ES0162601019
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report Re: Amendments to Board    None      None       Management
      Guidelines
2     Accept Individual Financial Statements    For       For        Management
      and Statutory Reports for Fiscal Year
      Ended December 31, 2004
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports for Fiscal Year
      Ended December 31, 2004
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.82 Per Share
5     Approve Discharge of Board of Directors   For       For        Management
6     Reelect Members to the Board of Directors For       For        Management
7     Approve Stock Option Plan for Members of  For       Against    Management
      the Executive Officer Including Executive
      Members on the Management Board
8     Authorize Share Repurchase and Subsequent For       For        Management
      Allocation of Repurchased Shares to
      Service Stock Option Plan
9     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

GUS PLC (FORMERLY GREAT UNIVERSAL STORES)

Ticker:                      Security ID:  GB0003847042
Meeting Date: JUL 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 19 Pence Per    For       For        Management
      Ordinary Share
4     Elect Andy Hornby as Director             For       For        Management
5     Re-elect Sir Victor Blank as Director     For       For        Management
6     Re-elect Sir Alan Rudge as Director       For       For        Management
7     Re-elect Alan Smart as Director           For       For        Management
8     Re-elect David Tyler as Director          For       For        Management
9     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise 100 Million Ordinary Shares for For       For        Management
      Market Purchase
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 58,395,799
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 12,705,210


--------------------------------------------------------------------------------

HAMMERSON PLC

Ticker:       HPD            Security ID:  GB0004065016
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 12.47 Pence Per For       For        Management
      Ordinary Share
4     Re-elect John Richards as Director        For       For        Management
5     Re-elect John Barton as Director          For       For        Management
6     Re-elect John Clare as Director           For       For        Management
7     Re-elect Simon Meliss as Director         For       For        Management
8     Re-elect Graham Pimlott as Director       For       For        Management
9     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 23,298,898
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,465,657
13    Authorise 41,310,636 Ordinary Shares for  For       For        Management
      Market Purchase
14    Extend the Duration of the 1995 Approved  For       For        Management
      and Unapproved Executive Share Option
      Schemes
15    Approve Share Incentive Plan              For       For        Management
16    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 750,000


--------------------------------------------------------------------------------

HANA MICROELECTRONICS PCL

Ticker:                      Security ID:  TH0324A10Z10
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Elect Directors and Fix Their             For       For        Management
      Remuneration
5     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
6     Approve Allocation of Income and Dividend For       For        Management
      of Baht 1.10 per Share
7     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

HANG LUNG PROPERTIES LTD

Ticker:                      Security ID:  HK0101000591
Meeting Date: NOV 23, 2004   Meeting Type: Annual
Record Date:  NOV 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend                    For       For        Management
3a    Reelect Ronald Arculli as Director        For       For        Management
3b    Reelect P.W. Liu as Director              For       For        Management
3c    Reelect Terry Ng as Director              For       For        Management
3d    Authorize Board to Fix Directors'         For       For        Management
      Remuneration
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5a    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5b    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
6     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Removal of Directors,
      Indemnification of Directors or Officers
      of the Company
7     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

HANG SENG BANK

Ticker:                      Security ID:  HK0011000095
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect John C C Chan as Director           For       For        Management
2b    Elect Y T Cheng as Director               For       For        Management
2c    Elect Vincent H S Lo as Director          For       For        Management
2d    Elect Marvin K T Cheung as Director       For       For        Management
2e    Elect Joseph C Y Poon as Director         For       For        Management
3     Fix Remuneration of Directors and Members For       For        Management
      of Audit Committee
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5     Amend Articles of Association             For       For        Management
6     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


--------------------------------------------------------------------------------

HANKYU DEPARTMENT STORE LTD.

Ticker:                      Security ID:  JP3774600005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6.25,
      Final JY 5, Special JY 1.25
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


--------------------------------------------------------------------------------

HANSON PLC

Ticker:       HANT           Security ID:  GB0033516088
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 12.80 Pence Per For       For        Management
      Share
4a    Re-elect Graham Dransfield as Director    For       For        Management
4b    Re-elect Jonathan Nicholls as Director    For       For        Management
4c    Re-elect The Baroness Noakes as Director  For       For        Management
4d    Elect Jim Leng as Director                For       For        Management
4e    Elect Mike Welton as Director             For       For        Management
5     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
6a    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 24,550,000
6b    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,680,000
7     Authorise 73,600,000 Shares for Market    For       For        Management
      Purchase
8     Amend Articles of Association Re:         For       For        Management
      Companies (Audit, Investigations and
      Community Enterprise) Act 2004


--------------------------------------------------------------------------------

HAYS PLC

Ticker:                      Security ID:  GB0004161021
Meeting Date: NOV 23, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 2 Pence Per     For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Bob Lawson as Director           For       For        Management
5     Re-elect Lesley Knox as Director          For       For        Management
6     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 5,785,981
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 867,897
10    Authorise 260,369,178 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

HAYS PLC

Ticker:                      Security ID:  GB0004161021
Meeting Date: OCT 28, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Demerger Of the DX Mail Business  For       For        Management
      of Hays plc by Way of Dividend Specie;
      Approve Consolidation of DX Services
      plc's Share Capital; Approve Proposals
      with Respect to Options and Awards under
      the Hays Employee Share Scheme
2     Approve Reduction Of the Nominal Value of For       For        Management
      Each DX Services Share From 40 Pence to 5
      Pence
3     Approve DX Services Restricted Share Plan For       Against    Management
4     Approve DX Services Longer Term           For       Against    Management
      Co-Investment Plan
5     Approve Save-As-You-Earn Share Scheme     For       Against    Management


--------------------------------------------------------------------------------

HBOS PLC

Ticker:                      Security ID:  GB0030587504
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 22.15 Pence Per For       For        Management
      Ordinary Share
4     Elect Mark Tucker as Director             None      None       Management
5     Re-elect Dennis Stevenson as Director     For       For        Management
6     Re-elect Charles Dunstone as Director     For       For        Management
7     Re-elect Colin Matthew as Director        For       For        Management
8     Re-elect Anthony Hobson as Director       For       For        Management
9     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 49,080,217
11    Authorise 392,565,936 Ordinary Shares for For       For        Management
      Market Purchase
12    Approve EU Political Donations up to GBP  For       For        Management
      100,000 and EU Political Expenditure up
      to GBP 100,000
13    Approve Increase in Authorised Capital to For       For        Management
      GBP 4,685,000,000, EUR 3,000,000,000 and
      USD 4,500,000,000 by the Creation of
      Preference Shares


--------------------------------------------------------------------------------

HEIDELBERGCEMENT AG (FRMLY HEIDELBERGER ZEMENT AG)

Ticker:                      Security ID:  DE0006047004
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.55 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify Ernst & Young AG as Auditors for   For       For        Management
      Fiscal 2005
6     Amend Articles Re: Remuneration of        For       For        Management
      Supervisory Board Members


--------------------------------------------------------------------------------

HEINEKEN NV

Ticker:                      Security ID:  NL0000009165
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:  APR 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Management Board        None      None       Management
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
4     Approve Allocation of Income and          For       For        Management
      Dividends
5     Approve Discharge of Executive Board      For       For        Management
6     Approve Discharge of Supervisory Board    For       For        Management
7     Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
8     Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Executive Board
      Members
9     Approve Long-Term Incentive Plan for      For       For        Management
      Executive Board
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
11    Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares Up to Ten Percent
      Restricting/Excluding Preemptive Rights
12.1A Reelect Maarten Das to Supervisory Board  For       For        Management
12.1B Elect Ruud Overgaauw to Supervisory Board Against   Against    Management
12.2A Reelect Jan Michiel Hessels to            For       For        Management
      Supervisory Board
12.2B Elect Jos Buijs to Supervisory Board      Against   Against    Management
13    Approve Remuneration of Supervisory Board For       For        Management
14    Discussion about Company's Corporate      None      None       Management
      Governance Code
15    Approve English as Official Language of   For       For        Management
      Annual Report


--------------------------------------------------------------------------------

HENDERSON LAND DEVELOPMENT CO. LTD.

Ticker:                      Security ID:  HK0012000102
Meeting Date: DEC 6, 2004    Meeting Type: Annual
Record Date:  NOV 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend                    For       For        Management
3a    Reelect Gordon Kwong Che Keung as         For       For        Management
      Director
3b    Reelect Alex Wu Shu Chih as Director      For       For        Management
3c    Reelect Ko Ping Keung as Director         For       For        Management
3d    Reelect Lee Shau Kee as Director          For       For        Management
3e    Reelect Fung Lee Woon King as Director    For       For        Management
3f    Reelect Lo Tak Shing as Director          For       For        Management
3g    Reelect Po-shing Woo as Director          For       For        Management
3h    Reelect Leung Hay Man as Director         For       For        Management
3i    Reelect Li Ning as Director               For       For        Management
3j    Authorize Board to Fix Directors'         For       For        Management
      Remuneration
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5a    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5b    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
5d    Approve Increase in Authorized Capital    For       For        Management
      from HK$4 Billion to HK$5.2 Billion by
      the Creation of 600 Million New Ordinary
      Shares of HK$2.0 Each
6     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Nomination of Directors,
      Material Interest of Directors in
      Contracts Entered into by the Company


--------------------------------------------------------------------------------

HENNES & MAURITZ AB

Ticker:                      Security ID:  SE0000106270
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Sven Unger as Chairman of Meeting   For       Did Not    Management
                                                          Vote
2     Receive President's Report                None      Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7.1   Receive Auditor's Report and Audit        None      Did Not    Management
      Committee Report                                    Vote
7.2   Receive Board's Report                    None      Did Not    Management
                                                          Vote
7.3   Receive Report of Nominating Committee    None      Did Not    Management
                                                          Vote
8.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8.2   Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 8 Per Share                        Vote
8.3   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
9     Determine Number of Members (7) and       For       Did Not    Management
      Deputy Members (2) of Board                         Vote
10    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 3.9 Million;                Vote
      Approve Remuneration of Auditors
11    Reelect Fred Andersson, Werner Hofer,     For       Did Not    Management
      Sussi Kvart, Bo Lundquist, Stig Nordfelt,           Vote
      Stefan Persson, and Melker Schoerling as
      Directors; Reelect Jan Jacobsen and Rolf
      Eriksen as Deputy Members
12    Ratify Aasa Lundvall and Erik Aastroem as For       Did Not    Management
      Auditors; Ratify Torsten Lyth and Anders            Vote
      Wiger as Deputy Auditors
13    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Five of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
14    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

HERMES INTERNATIONAL

Ticker:                      Security ID:  FR0000052292
Meeting Date: JUN 2, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Approve Discharge of Management           For       For        Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2 per Share
4     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
5     Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
6     Reelect Jerome Guerrand as Supervisory    For       For        Management
      Board Member
7     Reelect Maurice de Kervenoael as          For       For        Management
      Supervisory Board Member
8     Reelect Ernest-Antoine Seilliere as       For       For        Management
      Supervisory Board Member
9     Elect Julie Guerrand as Supervisory Board For       For        Management
      Member
10    Elect Agnes Harth as Supervisory Board    For       For        Management
      Member
11    Elect Frederic Dumas as Supervisory Board For       For        Management
      Member
12    Elect Renaud Mommeja as Supervisory Board For       For        Management
      Member
13    Elect Jean-Claude Rouzaud as Supervisory  For       For        Management
      Board Member
14    Elect Eric de Seynes as Supervisory Board For       For        Management
      Member
15    Approve Remuneration of Directors         For       For        Management
16    Ratify Deloitte & Associes as Auditor     For       For        Management
17    Ratify Didier Kling et Assoices as        For       For        Management
      Auditor
18    Ratify Societe Beas as Alternate Auditor  For       For        Management
19    Ratify Gerard Noel as Alternate Auditor   For       For        Management
20    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
21    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
22    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
23    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 5.6 Million for Bonus Issue or
      Increase in Par Value
24    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 5.6 Million
25    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 5.6 Million
26    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
27    Authorize Up to Two Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
28    Amend Articles of Association Re:         For       For        Management
      Managing Partner
29    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

HILTON GROUP PLC (FRM.LADBROKE GROUP PLC)

Ticker:                      Security ID:  GB0005002547
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 6 Pence Per     For       For        Management
      Ordinary Share
3     Re-elect Christopher Bell as Director     For       For        Management
4     Re-elect Stephen Bollenbach as Director   For       For        Management
5     Re-elect David Michels as Director        For       For        Management
6     Elect Ian Carter as Director              For       For        Management
7     Elect Pippa Wicks as Director             For       For        Management
8     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
9     Approve Remuneration Report               For       For        Management
10    Approve EU Political Organisation         For       For        Management
      Donations up to GBP 10,000 and to Incur
      EU Political Expenditures up to GBP
      10,000; and Approve Ladbrokes Ltd. to
      Make EU Political Donations up to GBP
      25,000 and to Incur EU Political
      Expenditures up to GBP 25,000
11    Approve Increase in Authorised Capital    For       For        Management
      from GBP 226,000,000 to GBP 230,000,000
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 52,900,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,938,508 and up to
      Aggregate Nominal Amount of GBP
      52,900,000 in Connection with a Rights
      Issue
14    Authorise 158,770,156 Shares for Market   For       For        Management
      Purchase


--------------------------------------------------------------------------------

HIROSE ELECTRIC CO. LTD.

Ticker:                      Security ID:  JP3799000009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 45, Special JY 0
2     Amend Articles to: Expand Board           For       For        Management
      Eligibility - Authorize Public
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

HITACHI LTD.

Ticker:       HIT            Security ID:  JP3788600009
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Expand Business Lines  For       For        Management
      - Clarify Director Authorities -
      Authorize Public Announcements in
      Electronic Format
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

HOKKAIDO ELECTRIC POWER CO. INC.

Ticker:                      Security ID:  JP3850200001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 25, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Decrease Authorized Capital to
      Reflect Share Repurchase - Reduce
      Directors Term in Office - Authorize
      Public Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
6     Approve Alternate Income Allocation       Against   Against    Shareholder
      Proposal
7     Amend Articles to Reduce Maximum Board    Against   Against    Shareholder
      Size and Require Appointment of at Least
      One Female Director
8     Amend Articles to Require Establishment   Against   Against    Shareholder
      of Committee to Evaluate Economics of
      Nuclear Power Generation
9     Amend Articles to Require Reevaluation of Against   Against    Shareholder
      Standards for Earthquake and Tsunami
      Damage to Nuclear Plant
10    Amend Articles to Require Company to      Against   Against    Shareholder
      Postpone Participation in Nuclear Fuel
      Reprocessing Tests
11    Amend Articles to Require Company to      Against   Against    Shareholder
      Train Personnel and Establish a Technical
      Department for Entry into the Fuel Cell
      Field
12    Amend Articles to Require Company to      Against   Against    Shareholder
      Limit Publicity and Educational Programs
      Related to Nuclear Power


--------------------------------------------------------------------------------

HOKUHOKU FINANCIAL GROUP INC. (FORMERLY HOKUGIN FINANCIAL GROUP)

Ticker:                      Security ID:  JP3842400008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends on Ordinary
      Shares: Interim JY 0, Final JY 1.5,
      Special JY 0
2     Approve Reduction in Capital Reserves     For       For        Management
3     Approve Amendment to Minimum Conversion   For       For        Management
      Price of Series I Class 1 Preferred
      Shares
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       Against    Management
5.3   Appoint Internal Statutory Auditor        For       Against    Management
5.4   Appoint Internal Statutory Auditor        For       For        Management
5.5   Appoint Alternate Internal Statutory      For       For        Management
      Auditor


--------------------------------------------------------------------------------

HOLCIM LTD.  (FORMERLY HOLDERBANK FINANCIERE GLARUS)

Ticker:                      Security ID:  CH0012214059
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.25 per Share
4.1   Reelect Willy Kissling, Erich Hunziker,   For       For        Management
      Andreas von Planta, and Gilbert Probst as
      Directors; Elect Thomas Schmidheiny,
      Wolfgang Schuerer, and Dieter Spaelti as
      Directors
4.2   Ratify Ernst & Young Ltd. as Auditors     For       For        Management


--------------------------------------------------------------------------------

HONDA MOTOR CO. LTD.

Ticker:       HMC            Security ID:  JP3854600008
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 28,
      Final JY 37, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Decrease Authorized Capital to
      Reflect Share Repurchase
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Appoint External Auditors                 For       For        Management
6     Approve Reduction in Aggregate            For       For        Management
      Compensation Ceiling for Directors
7     Approve Payment of Annual Bonuses to      For       For        Management
      Directors and Statutory Auditors
8     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

HONG KONG AND CHINA GAS CO. LTD.

Ticker:       HORCY          Security ID:  HK0003000038
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  APR 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect Lee Ka Kit as Director            For       For        Management
3b    Reelect Leung Hay Man as Director         For       Against    Management
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Remuneration of Each Director of  For       For        Management
      HK$130,000 Per Annum and an Additional
      Fee for the Chairman of HK$130,000 Per
      Annum
6a    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6b    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
6d    Amend Articles Re: Retirement of          For       For        Management
      Directors


--------------------------------------------------------------------------------

HONG KONG EXCHANGE

Ticker:                      Security ID:  HK0388009489
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:  APR 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Elect Bill C P Kwok as Director           For       For        Management
3b    Elect Vincent K H Lee as Director         For       For        Management
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6     Approve Remuneration of the Non-Executive For       For        Management
      Directors
7     Approve Fixing the Terms of Office of     For       For        Management
      Dannis J H Lee and David M Webb Until the
      Conclusion of the Annual General Meeting
      in 2006 and John E Strickland and Oscar S
      H Wong Until the Conclusion of the Annual
      General Meeting in 2007
8     Amend Articles of Association Re: Special For       For        Management
      Resolutions, Election and Appointment of
      Directors


--------------------------------------------------------------------------------

HONG LEONG BANK BHD.

Ticker:                      Security ID:  MYL5819OO007
Meeting Date: NOV 2, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended June
      30, 2004
2     Approve Final Dividend of MYR0.16 Per     For       For        Management
      Share Less Income Tax at 28 Percent for
      the Financial Year Ended June 30, 2004
3     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR431,038 for the Financial
      Year Ended June 30, 2004
4a    Elect Zulkiflee Hashim as Director        For       For        Management
4b    Elect Kwek Leng Hai as Director           For       For        Management
4c    Elect Kwek Leng Seng as Director          For       For        Management
4d    Elect Tsui King Chung, David as Director  For       For        Management
5     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital


--------------------------------------------------------------------------------

HONG LEONG BANK BHD.

Ticker:                      Security ID:  MYL5819OO007
Meeting Date: NOV 2, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
2     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Hong Leong Company
      (Malaysia) Berhad (HLCM) and Persons
      Connected with HLCM
3     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Chew Peng Cheng and
      Persons Connected with Him
4     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with a Person Connected with
      Zaki bin Tun Azmi


--------------------------------------------------------------------------------

HONGKONG ELECTRIC HOLDINGS LTD.

Ticker:       HGKGY          Security ID:  HK0006000050
Meeting Date: DEC 14, 2004   Meeting Type: Special
Record Date:  DEC 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of the Entire Issued  For       For        Management
      Capital of Alpha Central Profits Ltd. and
      Ancillary Transactions


--------------------------------------------------------------------------------

HONGKONG ELECTRIC HOLDINGS LTD.

Ticker:       HGKGY          Security ID:  HK0006000050
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Elect George C. Magnus as Director        For       For        Management
3b    Elect Canning Fok Kin-ning as Director    For       For        Management
3c    Elect Tso Kai-sum as Director             For       For        Management
3d    Elect Ronald J. Arculli as Director       For       For        Management
3e    Elect Susan M.F. Chow as Director         For       For        Management
3f    Elect Andrew Hunter as Director           For       For        Management
3g    Elect Kam Hing-lam as Director            For       For        Management
3h    Elect Holger Kluge as Director            For       For        Management
3i    Elect Victor Li Tzar-kuoi as Director     For       For        Management
3j    Elect Ewan Yee Lup-yuen as Director       For       For        Management
4     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

HOPEWELL HOLDINGS LTD.

Ticker:                      Security ID:  HK0054007841
Meeting Date: OCT 18, 2004   Meeting Type: Annual
Record Date:  OCT 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend                    For       For        Management
3a1   Reelect Gordon Ying Sheung Wu as Director For       For        Management
3a2   Reelect Thomas Jefferson Wu as Director   For       For        Management
3a3   Reelect Henry Hin Moh Lee as Director     For       For        Management
3a4   Reelect Robert Van Jin Nien as Director   For       For        Management
3a5   Reelect Carmelo Ka Sze Lee as Director    For       For        Management
3a6   Reelect Lee Yick Nam as Director          For       For        Management
3b    Fix Directors' Remuneration               For       For        Management
4     Reappoint Deloitte Touche Tohmatsu as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5a    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5b    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
6     Adopt New Articles of Association         For       For        Management


--------------------------------------------------------------------------------

HOPEWELL HOLDINGS LTD.

Ticker:                      Security ID:  HK0054007841
Meeting Date: SEP 6, 2004    Meeting Type: Special
Record Date:  AUG 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Conditional Agreements Relating   For       For        Management
      to Amendments of the Sino-foreign
      Co-operative Joint Venture Contract and
      Amendments of the Articles of Association
      of Guangdong Guangzhou-Zhuhai West
      Superhighway Co. Ltd. (West Route JV)
2     Approve Entry of West Route JV and        For       For        Management
      Hopewell Highway Infrastructure Ltd. into
      an Agreement with Guangdong Provincial
      Highway Construction Co. Ltd. Relating to
      a Proposed Network of Dual Three Lane
      Toll-Expressways Linking Guangzhou,
      Zhongshan and Zhuhai


--------------------------------------------------------------------------------

HOYA CORP.

Ticker:                      Security ID:  JP3837800006
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Share Repurchase and
      Cancellation
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management
4     Appoint External Audit Firm               For       For        Management


--------------------------------------------------------------------------------

HSBC HOLDINGS PLC

Ticker:                      Security ID:  GB0005405286
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2.a   Re-elect Sir John Bond as Director        For       For        Management
2.b   Re-elect R Ch'ien as Director             For       For        Management
2.c   Re-elect J Coombe as Director             For       For        Management
2.d   Re-elect Baroness Dunn as Director        For       For        Management
2.e   Re-elect D Flint as Director              For       For        Management
2.f   Re-elect J Hughes-Hallet as Director      For       For        Management
2.g   Re-elect Sir Brian Moffat as Director     For       For        Management
2.h   Re-elect S Newton as Director             For       For        Management
2.i   Re-elect H Sohmen as Director             For       For        Management
3     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
4     Approve Remuneration Report               For       For        Management
5     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 100,000 (Preference Shares); USD
      100,000 (Preference Shares); EUR 100,000
      (Preference Shares); and USD
      1,119,000,000 (Oridnary Shares)
6     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 279,750,000
7     Authorise 1,119,000,000 Ordinary Shares   For       For        Management
      for Market Purchase
8     Amend HSBC Holdings Savings-Related Share For       For        Management
      Option Plan
9     Amend HSBC Holdings Savings-Related Share For       For        Management
      Option Plan: International
10    Approve the HSBC US Employee Stock Plan   For       For        Management
11    Approve the HSBC Share Plan               For       For        Management
12    Amend Articles of Association Re:         For       For        Management
      Statutory and Best Practice Changes


--------------------------------------------------------------------------------

HUADIAN POWER INTERNATIONAL (FORMER SHANDONG INT'L POWER DEV

Ticker:                      Security ID:  CN0009185819
Meeting Date: JUN 2, 2005    Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Profit Distribution Proposal      For       Against    Management
5     Reappoint KPMG, Certified Public          For       For        Management
      Accountants and KPMG Huazhen as
      International and Domestic Auditors,
      Respectively, with an Aggregate
      Remuneration of HK$4.8 Million
6a    Reelect He Gong as Director and Authorize For       Against    Management
      Board to Fix His Remuneration
6b    Elect Chen Feihu as Director and          For       Against    Management
      Authorize Board to Fix His Remuneration
6c    Reelect Zhu Chongli as Director and       For       For        Management
      Authorize Board to Fix His Remuneration
6d    Reelect Chen Jianhua as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
6e    Reelect Tian Peiting as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
6f    Reelect Wang Yingli as Director and       For       For        Management
      Authorize Board to Fix Her Remuneration
6g    Reelect Zhang Bingju as Director and      For       Against    Management
      Authorize Board to Fix His Remuneration
6h    Reelect Peng Xingyu as Director and       For       Against    Management
      Authorize Board to Fix His Remuneration
6i    Reelect Ding Huiping as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
6j    Reelect Zhao Jinghua as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
6k    Reelect Wang Chuanshun as Director and    For       For        Management
      Authorize Board to Fix His Remuneration
6l    Reelect Hu Yuanmu as Director and         For       For        Management
      Authorize Board to Fix His Remuneration
7a    Reelect Feng Lanshui as Supervisor and    For       For        Management
      Authorize Board to Fix His Remuneration
7b    Reelect Li Changxu as Supervisor and      For       For        Management
      Authorize Board to Fix His Remuneration
8     Accept Report of the Independent          For       For        Management
      Non-Executive Directors
1     Approve the Code on Shareholders Meetings For       For        Management
      of the Company
2     Approve the Code on Board Practices of    For       For        Management
      the Company
3     Approve the Code on Supervisory Committee For       For        Management
      of the Company
4     Approve Issue of Short-Term Debenture of  For       Against    Shareholder
      a Principal Amount of Up to RMB 4.5
      Billion and Grant of Unconditional
      Mandate to Directors to Determine the
      Terms, Conditions, and All Relevant
      Matters Relating to the Issue of
      Short-Term Debenture


--------------------------------------------------------------------------------

HUANENG POWER INTERNATIONAL INC.

Ticker:       HNP            Security ID:  CN0009115410
Meeting Date: DEC 17, 2004   Meeting Type: Special
Record Date:  NOV 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Approve Acquisition of a 60 Percent       For       For        Management
      Equity Interest in Sichuan Huaneng Hydro
      Power Development Ltd. Liability Co.
      (Sichuan Huaneng) from China Huaneng
      Group (China Huaneng) and the Transfer
      Agreement Thereof
1b    Approve Acquisition of a 65 Percent       For       For        Management
      Equity Interest in Gansu Huaneng
      Pingliang Power Generation Ltd. Liability
      Co. (Gansu Huaneng) from China Huaneng
      and the Transfer Agreement Thereof
2a    Approve the Guarantee Agreement and       For       For        Management
      Relevant Agreements Between Gansu
      Huaneng, Sichuan Huaneng and the
      Subsidiaries Thereof and China Huaneng
2b    Approve to Continue the Implementation of For       For        Management
      the Asset Swap Arrangement Between
      Sichuan Huaneng and Sichuan Huaneng
      Industrial Co.
2c    Approve the Loan and Deposit Arrangement  For       For        Management
      Between Gansu Huaneng, Sichuan Huaneng
      and the Subsidiaries and China Huaneng
      Finance Ltd. Liability Co.


--------------------------------------------------------------------------------

HUANENG POWER INTERNATIONAL INC.

Ticker:       HNP            Security ID:  CN0009115410
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Working Report of the Board of the For       For        Management
      Directors
2     Accept Working Report of the Supervisory  For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Cash Dividend of RMB0.25 Per      For       For        Management
      Share
5     Approve PricewaterhouseCoopers Zhong Tian For       For        Management
      CPAs Co. Ltd as PRC Auditor and
      PricewaterhouseCoopers as International
      Auditor With a Total Remuneration of
      $2.01 Million
6a    Elect Li Xiaopeng as Director             For       For        Management
6b    Elect Huang Yongda as Director            For       For        Management
6c    Elect Wang Xiaosong as Director           For       For        Management
6d    Elect Na Xizhi as Director                For       For        Management
6e    Elect Huang Long as Director              For       For        Management
6f    Elect Wu Dawei as Director                For       For        Management
6g    Elect Shan Qunying as Director            For       For        Management
6h    Elect Yang Shengming as Director          For       For        Management
6i    Elect Xu Zujian as Director               For       For        Management
6j    Elect Liu Shuyuan as Director             For       For        Management
6k    Elect Qian Zhongwei as Independent        For       For        Management
      Director
6l    Elect Xia Donglin as Independent Director For       For        Management
6m    Elect Liu Jipeng as Independent Director  For       For        Management
6n    Elect Wu Yusheng as Independent Director  For       For        Management
6o    Elect Yu Ning as Independent Director     For       For        Management
7a    Elect Ye Daji as Supervisor               For       For        Management
7b    Elect Shen Weibing as Supervisor          For       For        Management
7c    Elect Shen Zongmin as Supervisor          For       For        Management
7d    Elect Yu Ying as Supervisor               For       For        Management
8     Amend Articles Re: Share Capital,         For       For        Management
      Election and Removal of Shareholder and
      Employee Representatives at Meetings
9     Approve Issue of Short-Term Debenture of  For       Against    Shareholder
      a Principal Amount of Up to RMB 5.0
      Billion and Grant of Unconditional
      Mandate to Directors to Determine the
      Terms and Conditions and Any Relevant
      Matters in Relation to the Issue of
      Short-Term Debenture


--------------------------------------------------------------------------------

HUANENG POWER INTERNATIONAL INC.

Ticker:       HNP            Security ID:  CN0009115410
Meeting Date: SEP 28, 2004   Meeting Type: Special
Record Date:  AUG 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Approve Overseas Issuance of Bonds in the For       Against    Management
      Principal Amount of Up to $300 Million
      Convertible to Overseas Listed Foreign
      Shares within Twelve Months from Approval
1b    Authorize Board to Determine the Terms    For       Against    Management
      and Conditions of the Convertible Bonds
      and Relevant Matters Including the Amount
      of Convertible Bonds and Authorize the
      Board to Sign All Necessary Legal
      Documents for Such Purpose
1c    Approve Issuance of Such Number of New    For       Against    Management
      Overseas Listed Foreign Shares as may be
      Required to be Issued Pursuant to the
      Application for Conversion of Shares Made
      by Bond Holders
1d    Approve Increase in Registered Capital    For       Against    Management


--------------------------------------------------------------------------------

HUANENG POWER INTERNATIONAL INC.

Ticker:       HNP            Security ID:  CN0009115410
Meeting Date: SEP 28, 2004   Meeting Type: Special
Record Date:  AUG 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Capital Structure,     For       For        Management
      Composition of the Board and Supervisory
      Committee, Responsibilities of the Board
2a    Elect Huang Yongda as Director            For       For        Management
2b    Elect Liu Shuyuan as Director             For       For        Management
2c    Elect Liu Jipeng as Director              For       For        Management
3a    Approve Overseas Issuance of Bonds in the For       Against    Management
      Principal Amount of Up to $300 Million
      Convertible to Overseas Listed Foreign
      Shares within Twelve Months from Approval
3b    Authorize Board to Determine the Terms    For       Against    Management
      and Conditions of the Convertible Bonds
      and Relevant Matters Including the Amount
      of Convertible Bonds and Authorize the
      Board to Sign All Necessary Legal
      Documents for Such Purpose
3c    Approve Issuance of Such Number of New    For       Against    Management
      Overseas Listed Foreign Shares as may be
      Required to be Issued Pursuant to the
      Application for Conversion of Shares Made
      by Bond Holders
3d    Approve Increase in Registered Capital    For       Against    Management


--------------------------------------------------------------------------------

HUTCHISON TELECOMMUNICATIONSINTL LTD

Ticker:                      Security ID:  KYG467141043
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports (Voting)
2.1   Elect Dennis Pok Man Lui as Director      For       For        Management
2.2   Elect T.L. Pennington as Director         For       For        Management
2.3   Elect Chan Ting Yu as Director            For       For        Management
2.4   Elect Cliff Woo Chiu Man as Director      For       For        Management
2.5   Elect Chow Woo Mo Fong as Director        For       For        Management
2.6   Elect Frank John Sixt as Director         For       For        Management
2.7   Elect Kwan Kai Cheong as Director         For       For        Management
2.8   Elect John W. Stanton as Director         For       For        Management
2.9   Elect Kevin Westley as Director           For       For        Management
2.10  Fix Remuneration of Directors             For       For        Management
3     Ratify Auditors                           For       For        Management
4.1   Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
4.2   Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
4.3   Authorize Reissuance of Repurchased       For       For        Management
      Shares
5     Amend Articles of Association Re:         For       For        Management
      Retirement by Rotation


--------------------------------------------------------------------------------

HUTCHISON WHAMPOA LIMITED

Ticker:                      Security ID:  HK0013000119
Meeting Date: MAY 19, 2005   Meeting Type: Special
Record Date:  MAY 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Share Option Scheme of Hutchison  For       Against    Management
      Telecommunications International Ltd.
      (HTIL Share Option Scheme) and Authorize
      Directors to Approve Any Amendments to
      the Rules of the HTIL Share Option Scheme


--------------------------------------------------------------------------------

HUTCHISON WHAMPOA LIMITED

Ticker:                      Security ID:  HK0013000119
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAY 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Elect LI Tzar Kuoi, Victor as Director    For       For        Management
3b    Elect FOK Kin-ning, Canning as Director   For       For        Management
3c    Elect KAM Hing Lam as Director            For       For        Management
3d    Elect Holger KLUGE as Director            For       For        Management
3e    Elect WONG Chung Hin as Director          For       For        Management
4     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
5a    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5b    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

HYPO REAL ESTATE HOLDING AG

Ticker:                      Security ID:  DE0008027707
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.35 per Common Share
      and 0.35 per Preferred Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
6     Convert Preferred Shares Without Voting   For       For        Management
      Rights into Common Shares With Voting
      Rights
7     Special Resolution for Common             For       For        Management
      Shareholders: Convert Preferred Shares
      Without Voting Rights into Common Shares
      With Voting Rights
8     Amend Corporate Purpose to Reflect        For       For        Management
      Pending Changes in German Banking Law
9     Amend Articles Re: Calling of,            For       For        Management
      Registration for, and Conduct of
      Shareholder Meetings due to Pending
      Changes in German Law (Law on Company
      Integrity and Modernization of
      Shareholder Lawsuits)
10    Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft as Auditors for
      Fiscal 2005


--------------------------------------------------------------------------------

HYSAN DEVELOPMENT CO. LTD.

Ticker:                      Security ID:  HK0014000126
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAY 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend with Scrip         For       For        Management
      Alternative
3a    Reelect Fa-kuang Hu as Director           For       For        Management
3b    Reelect Geoffrey Meou-tsen Yeh as         For       For        Management
      Director
3c    Reelect Pauline Wah Ling Yu Wong as       For       For        Management
      Director
3d    Reelect Per Jorgensen as Director         For       For        Management
3e    Reelect Deanna Ruth Tak Yung Rudgard as   For       For        Management
      Director
3f    Reelect Anthony Hsien Pin Lee as Director For       For        Management
4     Approve Annual Directors' Fees and        For       For        Management
      Additional Fees Payable to Directors
      Serving on Board Committees
5     Reappoint Deloitte Touche Tohmatsu as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
8     Authorize Reissuance of Repurchased       For       For        Management
      Shares
9     Approve New Share Option Scheme           For       Against    Management
10    Amend Articles Re: Voting at Meetings and For       For        Management
      Retirement by Rotation of Directors


--------------------------------------------------------------------------------

IBERDROLA S.A.

Ticker:                      Security ID:  ES0144580018
Meeting Date: MAR 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Accept Individual and Consolidated        For       For        Management
      Financial Statements
1.2   Accept Statutory Reports for Fiscal Year  For       For        Management
      Ended December 31, 2004; Approve
      Discharge Directors
2     Approve Allocation of Income and          For       For        Management
      Dividends for Fiscal Year Ended December
      31, 2004
3     Authorize Issuance of Bonds/Debentures up For       For        Management
      to Aggregate Nominal Amount of EUR 5
      Billion and Promisory Notes in the Amount
      of EUR 3 Billion
4     Authorize Repurchase of Shares and        For       For        Management
      Subsequent Capital Reduction; Modify
      Article 5 of the Bylaws
5     Approve Listing and Delisting of Shares   For       For        Management
      on Secondary Exchanges in Spain and
      Overseas
6     Approve Creation of Foundation            For       For        Management
7     Reelect Auditors for Fiscal Year 2005     For       For        Management
8     Ratify Appointment of Director            For       For        Management
9.1   Elect Jose Ignacio Snachez Galan as       For       For        Management
      Director
9.2   Elect Victor de Urrutia Vallejo as        For       For        Management
      Director
9.3   Elect Ricardo Alvarez Isasi as Director   For       For        Management
9.4   Elect Jose Ignacio Berroeta Echevarria as For       For        Management
      Director
9.5   Elect Juan Luis Arregui Ciarsolo as       For       For        Management
      Director
9.6   Elect Julio de Miguel Aynat as Director   For       For        Management
9.7   Elect Sebastian Battaner Arias as         For       For        Management
      Director
10    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
11    Elect Members to the Board of Directors   For       For        Management


--------------------------------------------------------------------------------

ICI (IMPERIAL CHEMICAL INDUSTRIES PLC)

Ticker:       ICI            Security ID:  GB0004594973
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Confirm First Interim Dividend of 3.4     For       For        Management
      Pence and Second Interim Dividend of 3.9
      Pence Per Ordinary Share
4     Re-elect Adri Baan as Director            For       For        Management
5     Re-elect Lord Butler as Director          For       For        Management
6     Re-elect Joseph Gorman as Director        For       For        Management
7     Re-elect William Powell as Director       For       For        Management
8     Elect Charles Knott as Director           For       For        Management
9     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Adopt New Articles of Association         For       For        Management
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 208,761,785
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 59,561,911
14    Authorise 119,123,822 Shares for Market   For       For        Management
      Purchase


--------------------------------------------------------------------------------

IMERYS (FORMERLY IMETAL)

Ticker:                      Security ID:  FR0000120859
Meeting Date: MAY 3, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Accounting Transfer from          For       For        Management
      Long-Term Capital Gains Accounts to Other
      Reserve
5     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.5 per Share
6     Confirm Appointment of Deloitte &         For       For        Management
      Associes as Auditor
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Change Location of Headquarters           For       For        Management
9     Adopt Unitary Board Structure             For       For        Management
10    Adopt New Articles of Asscociation to     For       For        Management
      Reflect Unitary Board Structure
11    Elect Jacques Drijard as Director         For       For        Management
12    Elect Patrick Kron as Director            For       For        Management
13    Elect Jocelyn Lefebvre as Director        For       Against    Management
14    Elect Eric Le Moyne de Serigny as         For       For        Management
      Director
15    Elect Paul Desmarais, Jr. as Director     For       For        Management
16    Elect Yves-Rene Nanot as Director         For       For        Management
17    Elect Gregoire Olivier as Director        For       For        Management
18    Elect Robert Peugeot as Director          For       For        Management
19    Reelect Thierry de Rudder as Director     For       For        Management
20    Reelect Aimery Langlois-Meurinne as       For       For        Management
      Director
21    Reelect Gerard Buffiere as Director       For       For        Management
22    Reelect Aldo Cardoso as Director          For       For        Management
23    Reelect Maximilien de Limburg as Director For       For        Management
24    Reelect Jacques Veyrat as Director        For       For        Management
25    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 800,000
26    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 60 Million
27    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 60 Million
28    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      90 Million
29    Authorize Board to Set Issue Price for    For       Against    Management
      Capital Increase of Up to Ten Percent
      Without Preemptive Rights
30    Authorize Capital Increase of Up to 10    For       For        Management
      Percent of Issued Capital for Future
      Acquisitions
31    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
32    Authorize EUR 5.5 Million for Use in      For       Against    Management
      Restricted Stock Plan
33    Approve Stock Option Plan Grants          For       Against    Management
34    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
35    Transfer Outstanding Authorities from     For       For        Management
      Supervisory Board to Board of Directors,
      Subject to Approval of Items 9 and 10
36    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

IMI PLC

Ticker:                      Security ID:  GB0004579636
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 10.2 Pence Per  For       For        Management
      Share
4     Re-elect Martin Lamb as Director          For       For        Management
5     Re-elect Lance Browne as Director         For       For        Management
6     Re-elect Kevin Beeston as Director        For       For        Management
7     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 29,600,000
10    Approve IMI Plc Deferred Bonus Plan       For       For        Management
11    Approve IMI Plc 2005 Long-Term Incentive  For       For        Management
      Plan
A     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 4,400,000
B     Authorise 35,500,000 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

IMMOFINANZ IMMOBILIEN ANLAGEN AG

Ticker:                      Security ID:  AT0000809058
Meeting Date: SEP 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income              For       For        Management
3     Approve Discharge of Management and       For       For        Management
      Supervisory Boards
4     Ratify Auditors                           For       For        Management
5     Approve Cancellation of EUR 87 Million    For       For        Management
      Pool of Conditional Capital without
      Preemptive Rights
6     Amend Articles to Reflect Changes in      For       For        Management
      Capital
7     Approve Cancellation of 2003 AGM Share    For       For        Management
      Repurchase Program
8     Amend Articles                            For       Against    Management


--------------------------------------------------------------------------------

IMPERIAL TOBACCO GROUP PLC

Ticker:       ITY            Security ID:  GB0004544929
Meeting Date: FEB 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 35 Pence Per    For       For        Management
      Share
4     Re-elect Anthony Alexander as Director    For       For        Management
5     Re-elect Derek Bonham as Director         For       For        Management
6     Re-elect Gareth Davis as Director         For       For        Management
7     Re-elect Robert Dyrbus as Director        For       For        Management
8     Elect Susan Murray as Director            For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11.1  Authorise the Company to Make EU          For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.2  Authorise Imperial Tobacco Ltd. to Make   For       For        Management
      EU Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.3  Authorise Imperial Tobacco International  For       For        Management
      Ltd. to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.4  Authorise Van Nelle Tabak Nederland B.V.  For       For        Management
      to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.5  Authorise John Player & Sons Ltd. to Make For       For        Management
      EU Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.6  Authorise Reemtsma Cigarettenfabriken     For       For        Management
      GmbH to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.7  Authorise Ets L. Lacroix Fils NV/SA to    For       For        Management
      Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
12    Approve Imperial Tobacco Group            For       For        Management
      International Sharesave Plan
13    Amend Imperial Tobacco Group Share        For       For        Management
      Matching Scheme
14    Amend Imperial Tobacco Group Long Term    For       For        Management
      Incentive Plan
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 24,300,000
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,645,000
17    Authorise 72,900,000 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

INBEV(FRMLY INTERBREW)

Ticker:                      Security ID:  BE0003793107
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' Reports                None      Did Not    Management
                                                          Vote
2     Receive Auditors' Reports                 None      Did Not    Management
                                                          Vote
3     Communicate Consolidated Financial        None      Did Not    Management
      Statements for Fiscal Year Ended Dec. 31,           Vote
      2005
4     Accept Financial Statements, Allocation   For       Did Not    Management
      of Income and Dividends of EUR 0.29 per             Vote
      Share
5     Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
6     Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
7a    Reelect Kees Storm as Director            For       Did Not    Management
                                                          Vote
7b    Reelect Peter Harf as Director            For       Did Not    Management
                                                          Vote
7c    Reelect Allan Chapin as Director          For       Did Not    Management
                                                          Vote
7d    Reelect Arnoud de Pret Roose de Calesberg For       Did Not    Management
      as Director                                         Vote
8     Discuss Corporate Governance Statement    None      Did Not    Management
      and New Excutive Remuneration Policy                Vote
9     Transact Other Business                   None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

INBEV(FRMLY INTERBREW)

Ticker:                      Security ID:  BE0003793107
Meeting Date: APR 26, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Directors' Report Re: Use and     None      Did Not    Management
      Purpose of Authorized Capital                       Vote
1.2   Renew Authorization to Increase Share     For       Did Not    Management
      Capital; Amend Articles Accordingly                 Vote
2.1   Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
2.2   Authorize Board to Repurchase Shares in   For       Did Not    Management
      the Event of a Public Tender Offer or               Vote
      Share Exchange Offer
3     Authorize Benoit Loore and Jos Leysen to  For       Did Not    Management
      Implement Approved Resolutions and to               Vote
      File Required Documents/Formalities at
      Commercial Court of Brussels
4.1   Receive Directors' Report Re: Issuance of None      Did Not    Management
      Warrants                                            Vote
4.2   Receive Directors' and Auditors' Reports  None      Did Not    Management
      Re: Cancelation of Preemptive Rights                Vote
4.3   Cancel Preemptive Rights in Favor of      For       Did Not    Management
      Employees                                           Vote
4.4   Authorize Issuance of 3.5 Million         For       Did Not    Management
      Warrants Without Preemptive Rights                  Vote
4.5   Authorize Capital Increase to Satisfy the For       Did Not    Management
      Conversion of Warrants                              Vote
5.1   Grant Compensation and Nominating         For       Did Not    Management
      Committee Power to Determine Recipients             Vote
      of Warrants
5.2   Authorize Implementation of Approved      For       Did Not    Management
      Resolutions and Filing of Required                  Vote
      Documents/Formalities at Trade Registry


--------------------------------------------------------------------------------

INBEV(FRMLY INTERBREW)

Ticker:                      Security ID:  BE0003793107
Meeting Date: MAR 17, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Acknowledge Resignation of Bernard Hanon  For       Did Not    Management
                                                          Vote
1.2   Elect Mark Winkelman as Director to       For       Did Not    Management
      Replace Bernard Hanon, Who is Resigning             Vote
1.3   Acknwledge Independence of Mark Winkelman For       Did Not    Management
      in Accordance with Independence Criteria            Vote
      Set Forth by Belgian Companies Code
2     Amend Article of Association to Allow     For       Did Not    Management
      Non-Employees to Attend Board Meetings in           Vote
      an Advisory and Non-Voting Capacity
3.1   Receive Report Regarding Acquisition of   None      Did Not    Management
      AmBev and Issuance of 49.5 Million Shares           Vote
      in Connection with the Acquisition
3.2a  Authorize Contribution in Kind by AmBev   For       Did Not    Management
      Shareholders                                        Vote
3.2b  Approve Capital Increase of Up to EUR     For       Did Not    Management
      38.1 Million in Connection with InBev               Vote
      Warrants Plan
3.2c  Approve Accounting Transfer of EUR 1.3    For       Did Not    Management
      Billion to the Issue Premium Account                Vote
      Pursuant to Contribution in Kind
3.2d  Issue 49.5 Million Shares in Connection   For       Did Not    Management
      with Acquisition of AmBev; Approve Terms            Vote
      of Issuance
3.2e  Amend Articles to Reflect Changes in      For       Did Not    Management
      Capital                                             Vote
4.1a  Authorize Board of Directors to Fix       For       Did Not    Management
      Exchange Rate Regarding Acquisition of              Vote
      AmBev and Related Formalities
4.1b  Authorize Two Directors to Complete       For       Did Not    Management
      Formalities Regarding the Issuance of               Vote
      Shares Pursuant to AmBev Acquisition
4.2   Authorize Benoit Loore and Jos Leysen to  For       Did Not    Management
      Amend Articles of Association Pursuant to           Vote
      Above Resolutions; Authorize Filing of
      Required Documents/Formalities at Trade
      Registry
4.3   Authorize Benoit Loore and Jos Leysen to  For       Did Not    Management
      Amend Records of the Company Held with              Vote
      the Register of Legal Entities and
      Administration of Value Added Tax


--------------------------------------------------------------------------------

INDEPENDENT NEWS & MEDIA PLC (FRM. INDEP.NEWSPAPERS)

Ticker:                      Security ID:  IE0004614818
Meeting Date: JUN 8, 2005    Meeting Type: Special
Record Date:  JUN 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Share Repurchase Program        For       For        Management
2     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities for Cash without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of Five Percent of the
      Issued Share Capital
3     Approve Scrip Dividend Program            For       For        Management


--------------------------------------------------------------------------------

INDEPENDENT NEWS & MEDIA PLC (FRM. INDEP.NEWSPAPERS)

Ticker:                      Security ID:  IE0004614818
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:  JUN 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of EUR 0.06 per    For       For        Management
      Ordinary Share
3.1   Reelect J.C. Davy as a Director           For       For        Management
3.2   Reelect V.A. Ferguson as a Director       For       For        Management
3.3   Reelect B.M.A. Hopkins as a Director      For       For        Management
3.4   Reelect I.E. Kenny as a Director          For       For        Management
3.5   Reelect A.C. O'Reilly as a Director       For       For        Management
3.6   Reelect B. Mulroney as a Director         For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
6     Consider and Authorize Company to Convene For       For        Management
      its Next AGM at any Location Outside the
      State


--------------------------------------------------------------------------------

INDRA SISTEMAS SA

Ticker:                      Security ID:  ES0118594417
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual Financial Statements   For       For        Management
      and Allocation of Income
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Discharge of Management           For       For        Management
4.1   Reelect for a Three-Year Term Mr. Manuel  For       For        Management
      Azpilicueta Ferrer
4.2   Reelect for a Three-Year Term Mr.         For       For        Management
      Francisco Constans Ros
4.3   Reelect for a Three-Year Term Mr.         For       For        Management
      Humberto Figarola Plaja
4.4   Reelect for a Three-Year Term Mediacion y For       For        Management
      Diagnosticos SA
4.5   Reelect for a Three-Year Term Mr. Javier  For       For        Management
      Monzon de Caceres
4.6   Reelect for a Three-Year Term Mr. Regino  For       For        Management
      Moranchel Fernandez
4.7   Reelect for a Three-Year Term Mr. Joaquin For       For        Management
      Moya-Angeler Cabrera
4.8   Reelect for a Three-Year Term Mr.         For       For        Management
      Participaciones y Cartera de Inversion SL
4.9   Reelect for a Three-Year Term Mr. Pedro   For       For        Management
      Ramon y Cajal Agueras
4.10  Reelect for a Three-Year Term Mr. Manuel  For       For        Management
      Soto Serrano
4.11  Reelect for a Three-Year Term Mr. Juan    For       For        Management
      Carlos Ureta Domingo
4.12  Elect for a Three-Year Term Mrs. Isabel   For       For        Management
      Aguilera Navarro
5     Approve Remuneration of Directors         For       For        Management
6     Approve Reduction in Stated Capital       For       For        Management
      Through Amortization of 513,927 Class B
      Shares
7     Approve Reduction in Stated Capital       For       For        Management
      Through Amortization of 7,694,101 Class A
      Shares
8     Authorize Repurchase of Shares            For       For        Management
9     Approve Auditors for Fiscal Year 2005     For       For        Management
10    Approve Stock Option Plan                 For       For        Management
11    Allow Questions                           For       For        Management
12    Approve Minutes of Meeting                For       For        Management


--------------------------------------------------------------------------------

INDUSTRIA DE DISENO TEXTIL (INDITEX)

Ticker:                      Security ID:  ES0148396015
Meeting Date: JUL 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, and Discharge
      Directors
2     Approve Allocation of Income and          For       For        Management
      Dividends
3     Approve Resignation of Director; Reelect  For       For        Management
      Management Board
4     Amend Articles 8,10, 12, 14, 17, 18, 20,  For       For        Management
      24, 27, 28, 30, 32, 34 Re: Increase and
      Reduction in Capital, Preemptive Rights,
      Meeting Notice, Attendance, Board of
      Directors, Board Meetings, Audit
      Committee, Dividend, Nominating and
      Remuneration Committee
5     Approve Amendments to General Meeting     For       For        Management
      Guidelines
6     Authorize Repurchase of Shares            For       For        Management
7     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
8     Information Re: Board Guidelines          For       For        Management


--------------------------------------------------------------------------------

INFINEON TECHNOLOGIES AG

Ticker:                      Security ID:  DE0006231004
Meeting Date: JAN 25, 2005   Meeting Type: Annual
Record Date:  JAN 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Discharge of Management Board for For       For        Management
      Fiscal 2003/2004
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2003/2004
4     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors
5.1   Reelect Joachim Faber to the Supervisory  For       For        Management
      Board
5.2   Elect Johannes Feldmayer to the           For                  Management
      Supervisory Board
5.3   Reelect Stefan Jentzsch to the            For                  Management
      Supervisory Board
5.4   Reelect Dietrich Kley to the Supervisory  For                  Management
      Board
5.5   Elect  Renate Koecher to the Supervisory  For                  Management
      Board
5.6   Elect Doris Schmitt-Landsiedel to the     For                  Management
      Supervisory Board
5.7   Reelect Martin Winterkorn Supervisory     For                  Management
      Board
5.8   Reelect Klaus Wucherer to the Supervisory For                  Management
      Board
5.9   Elect Eckhart Suenner as Alternate        For                  Management
      Supervisory Board Member
6     Approve Affiliation Agreements with a     For       For        Management
      Subsidiary (IFTF)
7     Amend Articles Re: Shareholder Loyalty    For       For        Management
      Initiatives; Designate Electronic
      Publications for Meeting Announcements
      and Invitation to Shareholder Meetings


--------------------------------------------------------------------------------

ING GROEP NV

Ticker:       ING            Security ID:  NL0000303600
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2a    Receive Reports of Executive and          None      None       Management
      Supervisory Boards
2b    Discussion on Profit Retention and        None      None       Management
      Distribution Policy
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Approve Allocation of Income and Total    For       For        Management
      Dividends of EUR 1.07 Per Share
4a    Approve Discharge of Executive Board      For       For        Management
4b    Approve Discharge of Supervisory Board    For       For        Management
5a    Discuss and Approve Implementation of     For       For        Management
      Dutch Corporate Governance Code by
      Company
5b    Discuss Executive Board Profile           None      None       Management
5c    Discuss Supervisory Board Profile         None      None       Management
6a    Reelect Luella Gross Goldberg to          For       For        Management
      Supervisory Board
6b    Reelect Godfried van der Lugt to          For       For        Management
      Supervisory Board
6c    Elect Jan Hommen to Supervisory Board     For       For        Management
6d    Elect Christine Lagarde to Supervisory    For       For        Management
      Board
7     Approve Stock Option and Incentive Stock  For       For        Management
      Grants for Members of Executive Board
8a    Grant Board Authority to Issue 220        For       For        Management
      Million Ordinary Shares
      Restricting/Excluding Preemptive Rights
      (Plus 220 Million Ordinary Shares in
      Connection with Merger)
8b    Grant Board Authority to Issue 10 Million For       For        Management
      Preference B Shares in Connection with
      Conversion of ING Perpetuals III
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

INSURANCE AUSTRALIA GROUP LTD(FORMERLY NRMA INSURANCE GROUP

Ticker:                      Security ID:  AU000000IAG3
Meeting Date: NOV 10, 2004   Meeting Type: Annual
Record Date:  NOV 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Yasmin Allen as Director            For       For        Management
2     Elect Brian Schwartz as Director          For       For        Management


--------------------------------------------------------------------------------

INTERCONTINENTAL HOTELS GROUP PLC

Ticker:                      Security ID:  GB0032612805
Meeting Date: DEC 10, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorise that all Ordinary Shares of GBP For       For        Management
      1 each be Sub-divided into New Ordinary
      Shares of 4 Pence Each; Authorise all New
      Ordinary Shares of 4 Pence Each be
      Consolidated into New Ordinary Shares of
      GBP 1.12 each
2     Authorise 93,189,655 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

INTERCONTINENTAL HOTELS GROUP PLC

Ticker:                      Security ID:  GB00B03NF665
Meeting Date: JUN 1, 2005    Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement             For       For        Management


--------------------------------------------------------------------------------

INTERCONTINENTAL HOTELS GROUP PLC

Ticker:                      Security ID:  GB00B03NF665
Meeting Date: JUN 1, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Reduction and Increase of Share Cap.;     For       For        Management
      Issue of Equity with Pre-emp. Rights up
      to GBP 750,000,000; Amend Articles of
      Association; Reclassify Auth. but Uniss.
      Ord. Share into Def. Share of 112p;
      Reduction of Cap.; Change Name to
      InterContinental Hotels Plc


--------------------------------------------------------------------------------

INTERCONTINENTAL HOTELS GROUP PLC

Ticker:                      Security ID:  GB00B03NF665
Meeting Date: JUN 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 10 Pence Per    For       For        Management
      Share
4a    Elect Andrew Cosslett as Director         For       For        Management
4b    Elect David Kappler as Director           For       For        Management
4c    Re-elect Robert Larson as Director        For       For        Management
4d    Re-elect Richard Hartman as Director      For       For        Management
4e    Re-elect Ralph Kugler as Director         For       For        Management
4f    Re-elect Richard Solomons as Director     For       For        Management
5     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      of the Company
6     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
7     Approve EU Political Donations and        For       For        Management
      Expenditure up to GBP 100,000
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 225,019,783
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 33,752,967
10    Authorise 90,349,461 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

INVENSYS PLC (FORMELRY BTR SIEBE PLC)

Ticker:                      Security ID:  GB0008070418
Meeting Date: JUL 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3a    Re-elect Simon Robertson as Director      For       For        Management
3b    Elect Ulf Henriksson as Director          For       For        Management
4     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors of the Company
5     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
6     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 18,767,500
7     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,843,500
8     Authorise 568,714,383 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

INVESTA PROPERTY GROUP (FORMERLY WESTPAC PROPERTY TRUST)

Ticker:                      Security ID:  AU000000IPG1
Meeting Date: OCT 7, 2004    Meeting Type: Annual
Record Date:  OCT 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect John Arthur as Director             For       For        Management
2     Approve Issuance of 26.04 Million Stapled For       For        Management
      Securities at a Price of A$ 1.92 Per
      Security


--------------------------------------------------------------------------------

IOI CORPORATION BERHAD

Ticker:                      Security ID:  MYL1961OO001
Meeting Date: OCT 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended June
      30, 2004
2     Elect Lee Yeow Chor as Director           For       For        Management
3     Elect Khalid B Hj Husin as Director       For       For        Management
4     Elect Chan Fong Ann as Director           For       For        Management
5     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR315,000 for the Financial
      Year Ended June 30, 2004
6     Approve BDO Binder as Auditors and        For       For        Management
      Authorize Board to Fix Their Remuneration
7     Approve Issuance of Shares Pursuant to    For       Against    Management
      Executive Share Option Scheme
8     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
9     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
10    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions


--------------------------------------------------------------------------------

IOI CORPORATION BERHAD

Ticker:                      Security ID:  MYL1961OO001
Meeting Date: SEP 1, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Issuance of Up to $345 Million  For       For        Management
      Nominal Value Five Year Unsecured
      Guaranteed Exchangeable Bonds


--------------------------------------------------------------------------------

IRISH LIFE AND PERMANENT PLC (FRM. IRISH PERMANENT)

Ticker:                      Security ID:  IE0004678656
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:  MAY 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Declare Final Dividend                    For       For        Management
3a    Reelect Peter Fitzpatrick as Director     For       For        Management
3b    Reelect Eamonn Heffernan as Director      For       For        Management
3c    Reelect Brian McConnell as Director       For       For        Management
3d    Reelect Breffni Byrne as Director         For       For        Management
3e    Reelect David Byrne as Director           For       For        Management
3f    Reelect Danuta Gray as Director           For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
5     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights Up to the Authorized but Unissued
      Share Capital
6     Authorize Share Repurchase Program        For       For        Management
7     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Five Percent of
      the Issued Ordinary Share Capital


--------------------------------------------------------------------------------

ISETAN CO. LTD.

Ticker:                      Security ID:  JP3140000005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 2
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

ISHIHARA SANGYO KAISHA LTD.

Ticker:                      Security ID:  JP3136800004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 4, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4     Appoint Alternate Internal Statutory      For       For        Management
      Auditor
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
6     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

ISHIKAWAJIMA-HARIMA HEAVY IND. CO.

Ticker:                      Security ID:  JP3134800006
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, with No     For       For        Management
      Dividends
2     Amend Articles to: Change Location of     For       For        Management
      Head Office
3.1   Elect Director                            For       Against    Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


--------------------------------------------------------------------------------

ISS A/S (FORMERLY ISS INTERNATIONAL SERVICE)

Ticker:                      Security ID:  DK0010267046
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Discharge of Management and Board For       For        Management
4     Approve Allocation of Income and          For       For        Management
      Dividends of DKK 5 Per Share
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6.1   Amend Articles: Declassify the Board of   For       For        Management
      Directors and Adopt One-Year Board Terms
6.2   Amend Articles Re: Authorize AGM to       For       For        Management
      Appoint One Auditor
7     Reelect Erik Soerensen, Sven Riskaer,     For       For        Management
      Peter Lorange, Tom Knutzen, Claus Madsen,
      and Karin Verland as Directors
8     Ratify KPMG C. Jespersen as Auditors      For       For        Management
9     Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

ISS A/S (FORMERLY ISS INTERNATIONAL SERVICE)

Ticker:                      Security ID:  DK0010267046
Meeting Date: MAY 27, 2005   Meeting Type: Special
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors                           For       For        Management
2     Authorize Board to Distribute Special     For       For        Management
      Dividends Until Next AGM
3     Amend Articles Re: Stipulate that         For       For        Management
      Shareholders are Under the Obligation to
      Allow Their Shares to be Redeemed;
      Stipulate that PurusCo A/S May Redeem All
      ISS Shares (PurusCo Holds More than 90
      Percent of Issued ISS Shares)
4     Approve Delisting of Shares from          For       For        Management
      Copenhagen Stock Exchange
5     Authorize Lawyer Niels Heering to Make    For       For        Management
      Editorial Changes to Adopted Resolutions
      in Connection with Registration
6     Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

ITALCEMENTI SPA

Ticker:                      Security ID:  IT0001465159
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
3     Approve Integration to the Remuneration   For       For        Management
      of External Auditors for Fiscal Year 2004
4     Elect External Auditors for the           For       For        Management
      Three-Year Term 2005-2007; Fix Auditors'
      Remuneration


--------------------------------------------------------------------------------

ITO-YOKADO CO. LTD.

Ticker:       ITOYO          Security ID:  JP3142800006
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 16,
      Final JY 18, Special JY 0
2     Approve Formation of Joint Holding        For       For        Management
      Company with Seven-Eleven Japan Co. and
      Denny's Japan Co.
3     Amend Articles to Change Record Date for  For       For        Management
      Payment of Interim Dividends
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
4.13  Elect Director                            For       For        Management
4.14  Elect Director                            For       For        Management
4.15  Elect Director                            For       For        Management
4.16  Elect Director                            For       For        Management
4.17  Elect Director                            For       For        Management
4.18  Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       For        Management
6     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

ITOCHU CORP.

Ticker:                      Security ID:  JP3143600009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 7, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Authorize Share Repurchases at Board's
      Discretion - Limit Directors' and
      Internal Auditors' Legal Liability -
      Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonus for Director and For       For        Management
      Special Payments to Continuing Directors
      and Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

ITOCHU TECHNO-SCIENCE

Ticker:                      Security ID:  JP3143900003
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 15, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


--------------------------------------------------------------------------------

ITV PLC

Ticker:                      Security ID:  GB0033986497
Meeting Date: FEB 7, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement Re:         For       For        Management
      Proposed Cancellation of Scheme Shares
      For the Purpose of Reorganisation of
      Share Capital
2     Conditionally Upon the Approval of Any    For       For        Management
      Variation of the Rights for Ordinary
      Shares and Convertible Shares in Separate
      Class Meetings, the New Articles of the
      Company be adopted to Replace Existing
      Articles


--------------------------------------------------------------------------------

ITV PLC

Ticker:                      Security ID:  GB0033986497
Meeting Date: FEB 7, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement Re:         For       For        Management
      Proposed Cancellation of Scheme Shares
      For the Purpose of Reorganisation of
      Share Capital


--------------------------------------------------------------------------------

ITV PLC

Ticker:                      Security ID:  GB0033986497
Meeting Date: FEB 7, 2005    Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement Re:         For       Did Not    Management
      Proposed Cancellation of Scheme Shares              Vote
      For the Purpose of Reorganisation of
      Share Capital


--------------------------------------------------------------------------------

ITV PLC

Ticker:                      Security ID:  GB0033986497
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 1.3 Pence Per   For       For        Management
      Share
4     Re-elect Charles Allen as Director        For       For        Management
5     Re-elect David Chance as Director         For       For        Management
6     Re-elect James Crosby as Director         For       For        Management
7     Re-elect John McGrath as Director         For       For        Management
8     Elect Sir Robert Phillis as Director      For       For        Management
9     Elect Baroness Usha Prashar as Director   For       For        Management
10    Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 138,000,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 21,000,000
14    Approve EU Political Donations and        For       For        Management
      Expenditure up to GBP 150,000
15    Authorise 409,000,000 Ordinary Shares and For       For        Management
      12,000,000 Convertible Shares for Market
      Purchase


--------------------------------------------------------------------------------

J SAINSBURY PLC

Ticker:                      Security ID:  GB0007676405
Meeting Date: JUL 12, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 11.36 Pence Per For       For        Management
      Ordinary Share
4     Elect Justin King as Director             For       For        Management
5     Re-elect Jamie Dundas as Director         For       For        Management
6     Re-elect Lord Levene of Portsoken as      For       For        Management
      Director
7     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 162,000,000
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 24,288,000
10    Authorise 194,300,000 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

J SAINSBURY PLC

Ticker:                      Security ID:  GB0007676405
Meeting Date: JUL 12, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the B Share Scheme Through        For       For        Management
      Increase in Authorised Share Capital from
      GBP 700,000,000 to GBP 1,453,000,000 by
      the Creation of 2,100,000,000 B Shares
      and Approve Capital Reorganisation
2     Authorise 170,000,000 New Shares for      For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

JAMES HARDIE INDUSTRIES NV

Ticker:                      Security ID:  AU000000JHX1
Meeting Date: SEP 17, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect J.D. Barr to Supervisory Board      For       Did Not    Management
                                                          Vote
2     Authorize Barr to Participate in          For       Did Not    Management
      Supervisory Board Stock Purchase Plan               Vote
3     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote


--------------------------------------------------------------------------------

JAPAN AIRLINES CORP. (FORMERLY JAPAN AIRLINES SYSTEM CORP.)

Ticker:                      Security ID:  JP3705400004
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 4, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       Against    Management
      Size - Create New Class of Preferred
      Shares
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4     Approve Retirement Bonus for Director and For       Against    Management
      Special Payments to Continuing Directors
      and Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

JAPAN TOBACCO INC

Ticker:                      Security ID:  JP3726800000
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5000,
      Final JY 7000, Special JY 1000
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

JARDINE CYCLE & CARRIAGE LTD(FORMERLY CYCLE & CARRIAGE LTD)

Ticker:                      Security ID:  SG1B51001017
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare Final Dividend of $0.08 Per Share For       Against    Management
3     Approve Directors' Fees of SGD 576,000    For       For        Management
      for the Year Ending December 31, 2005
      (2004: SGD 576,000)
4a    Reelect Anthony John Liddell Nightingale  For       Against    Management
      as Director
4b    Reelect Adam Phillip Charles Keswick as   For       For        Management
      Director
4c    Reelect Neville Barry Venter as Director  For       For        Management
5a    Reelect Datuk Azlan Zainol as Director    For       For        Management
5b    Reelect Cheah Kim Teck as Director        For       For        Management
6a    Reelect Alan Yeo Chee Yeow as Director    For       For        Management
6b    Reelect Boon Yoon Chiang as Director      For       Against    Management
6c    Authorize Owen Phillimore Howell-Price to For       For        Management
      Continue to Act as an Alternate Director
      to Anthony John Liddell Nightingale
7     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
8     Other Business (Voting)                   For       Against    Management
9a    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
9b    Authorize Share Repurchase Program        For       For        Management
9c    Approve Mandate for Transactions with     For       For        Management
      Related Parties
9d    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the CCL Executives
      Share Option Scheme 2000
9e    Approve Allotment and Issuance of Shares  For       For        Management
      Pursuant to the Jardine Cycle & Carriage
      Limited Scrip Dividend Scheme


--------------------------------------------------------------------------------

JFE HOLDINGS INC.

Ticker:                      Security ID:  JP3386030005
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 45, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3.1   Elect Director                            For       Against    Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       Against    Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


--------------------------------------------------------------------------------

JGC CORP.

Ticker:                      Security ID:  JP3667600005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 8.5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management


--------------------------------------------------------------------------------

JIANGSU EXPRESSWAY CO. LTD.

Ticker:                      Security ID:  CN0009076356
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors Report                   For       For        Management
2     Accept Supervisors Report                 For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Final Dividend of RMB0.145 Per    For       For        Management
      Share
5     Appoint Deloitte Touche Tohmatsu          For       For        Management
      Certified Public Accounts Limited and
      Deloitte Touch Tohmatsu as PRC and
      International Auditors and Fix the
      Aggregate Annual Remuneration at RMB1.3
      Million
6     Elect Fan Chong Lai as Independent        For       For        Management
      Non-Executive Director and Fix His Annual
      Remuneration at RMB40,000 (After Tax)
7     Approve Amendments to the Rules Governing For       For        Management
      the Procedure for Meetings of the Board
      of Directors
8     Approve Amendments to the Rules Governing For       For        Management
      the Procedure for Meetings of the
      Supervisory Committee
9     Amend Articles Re: Board Composition,     For       For        Management
      Election of Supervisors


--------------------------------------------------------------------------------

JIANGXI COPPER

Ticker:                      Security ID:  CN0009070615
Meeting Date: JAN 20, 2005   Meeting Type: Special
Record Date:  DEC 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Consolidated Industrial Services  For       Did Not    Management
      Agreement Between Jiangxi Copper Corp.              Vote
      (JCC) and Jiangxi Copper Co. Ltd. (the
      Company) for the Provision of Various
      Industrial Services
2     Approve Consolidated Supply Agreement     For       Did Not    Management
      Between JCC and the Company for the                 Vote
      Supply of Materials, Raw Materials and
      Parts
3     Approve Consolidated Miscellaneous        For       Did Not    Management
      Services Agreement Between JCC and the              Vote
      Company for the Provision of Various
      Social, Medical and Education Services
      and Pension Scheme


--------------------------------------------------------------------------------

JIANGXI COPPER

Ticker:                      Security ID:  CN0009070615
Meeting Date: JUL 29, 2004   Meeting Type: Special
Record Date:  JUN 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve New Processing Agreement Entered  For       For        Management
      into Between the Company and Jiangxi
      Copper Corporation
2     Approve the Copper Cathode Supply         For       For        Management
      Agreement Entered into Between the
      Company, Jiangxi Copper Products Co. Ltd.
      and Jiangxi Copper Corporation
3     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Material Interest of Directors
      in Contracts Entered into by the Company,
      Nomination of Directors


--------------------------------------------------------------------------------

JIANGXI COPPER

Ticker:                      Security ID:  CN0009070615
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:  APR 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Proposal for Distribution of      For       For        Management
      Profit for 2004
5     Reappoint Deloitte Touche Tohmatsu        For       For        Management
      Shanghai Certified Public Accountants
      Ltd. and Deloitte Touche Tohmatsu as PRC
      and International Auditors, Respectively,
      and Authorize Any Two Executive Directors
      to Fix Their Remuneration
6     Approve Issuance of H Shares without      For       Against    Management
      Preemptive Rights


--------------------------------------------------------------------------------

JIANGXI COPPER

Ticker:                      Security ID:  CN0009070615
Meeting Date: NOV 26, 2004   Meeting Type: Special
Record Date:  OCT 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in A Shares Equal to the For       For        Management
      Number of A Shares to be Issued Pursuant
      to the Conversion of the Convertible
      Bonds and Issue of Not More than RMB2
      Billion Convertible Bonds Convertible
      into New A Shares


--------------------------------------------------------------------------------

JIANGXI COPPER

Ticker:                      Security ID:  CN0009070615
Meeting Date: NOV 26, 2004   Meeting Type: Special
Record Date:  OCT 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in A Shares Equal to the For       For        Management
      Number of A Shares to be Issued Pursuant
      to the Conversion of the Convertible
      Bonds and Issue of Not More than RMB2
      Billion Convertible Bonds Convertible
      into New A Shares
2     Approve Use of Previous Proceeds from the For       For        Management
      Issue of 230 Million A Shares
3     Approve Use of Proceeds from the Issue of For       For        Management
      Up to RMB2 Billion Convertible Bonds
      Convertible into New A Shares
4     Approve Agreement between Jiangxi Copper  For       For        Management
      Company Ltd. and Jiangxi Copper
      Corporation for the Acquisition of the
      Operating Assets, Related Liabilities and
      Mining Right of Chengmenshan Mine at a
      Consideration of RMB378.2 Million


--------------------------------------------------------------------------------

JOHN FAIRFAX HOLDINGS LTD.

Ticker:                      Security ID:  AU000000FXJ5
Meeting Date: OCT 29, 2004   Meeting Type: Annual
Record Date:  OCT 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Joan Withers as Director            For       For        Management
2     Elect Dean Willis as Director             For       For        Management
3     Elect Julia King as Director              For       For        Management
4     Approve Aggregate Remuneration of         For       For        Management
      Directors in the Amount of AUD 1,500,000


--------------------------------------------------------------------------------

JOHNSON ELECTRIC HOLDINGS LTD.

Ticker:                      Security ID:  BMG5150J1403
Meeting Date: JUL 20, 2004   Meeting Type: Annual
Record Date:  JUL 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended Mar. 31, 2004
2     Approve Final Dividend for the Year Ended For       For        Management
      Mar. 31, 2004
3a    Reelect Peter Wang Kin Chung as           For       For        Management
      Non-Executive Director
3b    Reelect Peter Stuart Allenby Edwards as   For       For        Management
      Independent Non-Executive Director
3c    Reelect Patrick Blackwell Paul as         For       For        Management
      Independent Non-Executive Director
3d    Reelect Michael John Enright as           For       For        Management
      Independent Non-Executive Director
4     Fix Directors' Remuneration               For       For        Management
5     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
6     Fix Maximum Number of Directors at 15 and For       For        Management
      Authorize Board to Appoint Additional
      Directors Up to Such Maximum Number
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
8     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
9     Authorize Reissuance of Repurchased       For       For        Management
      Shares
10    Amend Bylaws Re: Voting at General        For       For        Management
      Meetings, Material Interest of Directors
      in Contracts Entered into by the Company,
      Nomination of Directors


--------------------------------------------------------------------------------

JOHNSON MATTHEY PLC

Ticker:                      Security ID:  GB0004764071
Meeting Date: JUL 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 18.2 Pence Per  For       For        Management
      Ordinary Share
4     Elect Pelham Hawker as Director           For       For        Management
5     Elect Larry Pentz as Director             For       For        Management
6     Re-elect Mike Dearden as Director         For       For        Management
7     Re-elect Charles Mackay as Director       For       For        Management
8     Re-elect John Sheldrick as Director       For       For        Management
9     Re-elect Ian Strachan as Director         For       For        Management
10    Re-appoint KPMG Audit Plc as Auditors and For       For        Management
      Authorise Board to Fix Remuneration of
      Auditors
11    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 50,000
      and to Incur EU Political Expenditure of
      up to GBP 50,000
12    Amend the Johnson Matthey Long-Term       For       For        Management
      Incentive Plan
13    Amend the Johnson Matthey 2001 Share      For       For        Management
      Option Scheme
14    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 70,939,744
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 11,030,277
16    Authorise 22,061,026 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

JOYO BANK LTD.

Ticker:                      Security ID:  JP3394200004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2.5,
      Final JY 2.5, Special JY 1
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

JS GROUP CORP. (FORMERLY TOSTEM INAX HOLDING CORP.)

Ticker:                      Security ID:  JP3626800001
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 20,
      Final JY 20, Special JY 0
2     Approve Payment of Annual Bonuses to      For       For        Management
      Directors
3     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
5     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

JSR CORP.

Ticker:                      Security ID:  JP3385980002
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7,
      Final JY 7, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Deep Discount Stock Option Plan   For       Against    Management
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors
7     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System


--------------------------------------------------------------------------------

KAJIMA CORP.

Ticker:                      Security ID:  JP3210200006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2.50,
      Final JY 3.50, Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 1.92 Billion to 2.5 Billion
      Shares - Reduce Maximum Board Size -
      Streamline Board Structure
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
4     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
5     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

KANEKA CORP.

Ticker:                      Security ID:  JP3215800008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 7, Special JY 2
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

KANSAI ELECTRIC POWER CO. INC.

Ticker:                      Security ID:  JP3228600007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 25, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
2.20  Elect Director                            For       For        Management
2.21  Elect Director                            For       For        Management
2.22  Elect Director                            For       For        Management
2.23  Elect Director                            For       For        Management
2.24  Elect Director                            For       For        Management
2.25  Elect Director                            For       For        Management
2.26  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management
4     Amend Articles to Cap Board Size at 12    Against   Against    Shareholder
5     Amend Articles to Limit Number of         Against   Against    Shareholder
      Statutory Auditors and Require One
      Auditor From Environmental NGO
6     Amend Articles to Require Efforts to      Against   Against    Shareholder
      Prevent Global Warming
7     Amend Articles to Declare Switch From     Against   Against    Shareholder
      Nuclear to Natural Energy
8     Amend Articles to Require All Employees   Against   Against    Shareholder
      to Re-Study Compliance Manual
9     Amend Articles to Require Prioritization  Against   Against    Shareholder
      of Skilled Employees
10    Amend Articles to Prevent Cuts in Repair  Against   Against    Shareholder
      and Maintenance Expenditures
11    Approve Alternate Income Allocation       Against   Against    Shareholder
      Proposal
12    Remove Two Directors from Office          Against   Against    Shareholder
13    Amend Articles to Limit Board Size and    Against   Against    Shareholder
      Require Appointment of Director to Be
      Responsible for Victims of Nuclear
      Accidents
14    Abolish Retirement Bonus System           Against   Against    Shareholder
15    Amend Articles to Require Appointment of  Against   Against    Shareholder
      Environmental Management Committee
16    Amend Articles to Require Appointment of  Against   Against    Shareholder
      Nuclear Power Earthquake Countermeasure
      Committee
17    Amend Articles to Prohibit Participation  Against   Against    Shareholder
      in Reprocessing Activities
18    Amend Articles to Prohibit Use of         Against   Against    Shareholder
      Plutonium


--------------------------------------------------------------------------------

KAO CORP.

Ticker:                      Security ID:  JP3205800000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 19,
      Final JY 19, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Expand Business Lines  For       For        Management
      - Restore Previous Level of Authorized
      Capital Following Share Repurchase and
      Cancellation
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

KARSTADT QUELLE AG (FORMERLY KARSTADT AG)

Ticker:                      Security ID:  DE0006275001
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
4     Ratify BDO Deutsche Warentreuhand AG as   For       For        Management
      Auditors for Fiscal 2005
5     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)


--------------------------------------------------------------------------------

KARSTADT QUELLE AG (FORMERLY KARSTADT AG)

Ticker:                      Security ID:  DE0006275001
Meeting Date: NOV 22, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report on Refinancing Plan        None      None       Management
2     Approve Creation of EUR 238.2 Million     For       For        Management
      Pool of Conditional Capital with
      Preemptive Rights (7 New Shares for Every
      8 Shares Currently Held)


--------------------------------------------------------------------------------

KASIKORNBANK PCL (FORMERLY THAI FARMERS BANK)

Ticker:                      Security ID:  TH0016010009
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Dividend For       For        Management
      of Baht 1.00 per Share
5     Elect Directors                           For       For        Management
6     Elect Additional Director                 For       For        Management
7     Approve Remuneration of Directors         For       For        Management
8     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
9     Amendment Resolution of the EGM Held on   For       For        Management
      Sept. 29, 1998 Re:  Issuance and Sales of
      Debentures of the Bank
10    Amend Memorandum of Association Re:       For       For        Management
      Company Objectives
11    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

KASIKORNBANK PCL (FORMERLY THAI FARMERS BANK)

Ticker:                      Security ID:  TH0016010009
Meeting Date: NOV 5, 2004    Meeting Type: Special
Record Date:  OCT 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve Purchase of Shares of Asset Plus  For       For        Management
      Securities Public Company Limited
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

KAWASAKI HEAVY INDUSTRY LTD.

Ticker:                      Security ID:  JP3224200000
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 2.5, Special JY 0
2     Amend Articles to: Authorize Appointment  For       For        Management
      of Alternate Statutory Auditors - Reduce
      Maximum Board Size - Reduce Directors
      Term in Office
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       Against    Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
4.4   Appoint Alternate Internal Statutory      For       For        Management
      Auditor
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors
6     Approve Special Payments to Continuing    For       Against    Management
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System


--------------------------------------------------------------------------------

KAWASAKI KISEN KAISHA LTD

Ticker:                      Security ID:  JP3223800008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.5,
      Final JY 9, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Authorize Public Announcements in
      Electronic Format
3     Approve Executive Stock Option Plan       For       For        Management
4     Amend Stock Option Plans Approved at      For       For        Management
      2002-2004 AGMs
5.1   Elect Director                            For       For        Management
5.2   Elect Director                            For       For        Management
5.3   Elect Director                            For       For        Management
5.4   Elect Director                            For       For        Management
5.5   Elect Director                            For       For        Management
5.6   Elect Director                            For       For        Management
5.7   Elect Director                            For       For        Management
5.8   Elect Director                            For       For        Management
5.9   Elect Director                            For       For        Management
5.10  Elect Director                            For       For        Management
5.11  Elect Director                            For       For        Management
5.12  Elect Director                            For       For        Management
5.13  Elect Director                            For       For        Management
5.14  Elect Director                            For       For        Management
5.15  Elect Director                            For       For        Management
5.16  Elect Director                            For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

KBC GROUPE (FRM. KBC BANK AND INSURANCE HOLDING COMPANY)

Ticker:                      Security ID:  BE0003565737
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Discuss Consolidated Financial Statements None      Did Not    Management
      Received by Almanij SA Board                        Vote
2     Discuss Auditor Reports on Almanij SA     None      Did Not    Management
      Consolidated and Non-Consolidated                   Vote
      Financial Statements
3     Accept Almanij SA Consolidated Financial  None      Did Not    Management
      Statements                                          Vote
4     Accept Almanij SA Financial Statements    For       Did Not    Management
                                                          Vote
5     Discuss Consolidated Financial Statements None      Did Not    Management
      Received by KBC Bancassurance Holding SA            Vote
      Board
6     Discuss Auditor Reports on KBC            None      Did Not    Management
      Bancassurance Holding SA Consolidated and           Vote
      Non-Consolidated Financial Statements
7     Receive KBC Bancassurance Holding SA.     None      Did Not    Management
      Consolidated Financial Statements                   Vote
8     Accept KBC Bancassurance Holding SA       For       Did Not    Management
      Financial Statements                                Vote
9     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.84 per Share                     Vote
10    Approve Discharge of Almanaji SA          For       Did Not    Management
      Directors                                           Vote
11    Approve Discharge of KBC Bancassurance    For       Did Not    Management
      Holding SA Directors                                Vote
12    Approve Discharge of Almanaji SA Auditors For       Did Not    Management
                                                          Vote
13    Approve Discharge of KBC Bancassurance    For       Did Not    Management
      Holding SA Auditors                                 Vote
14    Reelect Luc Philips as Director           For       Did Not    Management
                                                          Vote
15    Approve Renumeration of Auditors of EUR   For       Did Not    Management
      60,000                                              Vote
16    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
17    Discuss Corporate Governance              None      Did Not    Management
                                                          Vote
18    Transact Other Business                   None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

KBC GROUPE (FRM. KBC BANK AND INSURANCE HOLDING COMPANY)

Ticker:                      Security ID:  BE0003565737
Meeting Date: MAR 2, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements, Annual      None      Did Not    Management
      Reports, and Auditors' Reports For Past             Vote
      Three Fiscal Years for Almanij and KBC
      Bancassurance Holding S.A.; Receive
      Directors' and Auditors' Reports on
      Merger Agreement between Almanij and KBC
      Bancassurance Holding S.A.
2     Receive Communication Concerning          None      Did Not    Management
      Significant Changes to the Situation of             Vote
      the Assets and Liabilities of each
      Merging Company
3     Approve Merger By Absorption of Almanij   For       Did Not    Management
      by KBC Bancassurance Holding S.A.                   Vote
4     Issue 264.4 Million Shares in Connection  For       Did Not    Management
      with Acquisition                                    Vote
5     Authorize Cancellation of Shares          For       Did Not    Management
      Repurchased Pursuant to the Merger                  Vote
6     Amend Articles/Charter to Reflect Changes For       Did Not    Management
      in Capital                                          Vote
7     Change Company Name to KBC Group          For       Did Not    Management
                                                          Vote
8     Allow Board to Use All Outstanding        For       Did Not    Management
      Capital Authorizations in the Event of a            Vote
      Public Tender Offer or Share Exchange
      Offer
9     Amend Articles Re: Composition of         For       Did Not    Management
      Executive Committee, Interest of                    Vote
      Executive Committee Members in
      Transactions, Representation of Executive
      Committee and Board of Directors, and
      Procedure for Shareholder Proposals
10    Approve Changes in Board Re: Confirm      For       Did Not    Management
      Resignations and Approve Election of                Vote
      Directors
11    Authorize the Board to Implement Approved For       Did Not    Management
      Resolutions                                         Vote
12    Authorize Christel Haverans to File       For       Did Not    Management
      Amended Articles of Association                     Vote
13    Authorize Peggy De Bock and Christel      For       Did Not    Management
      Haverans to File Required                           Vote
      Documents/Formalities at Relevant
      Authorities


--------------------------------------------------------------------------------

KEIHIN ELECTRIC RAILWAY CO. LTD.

Ticker:                      Security ID:  JP3280200001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2.5,
      Final JY 2.5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

KEIO ELECTRIC RAILWAY

Ticker:                      Security ID:  JP3277800003
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Insert Company Name in For       For        Management
      English - Authorize Public Announcements
      in Electronic Format
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

KELDA GROUP PLC

Ticker:                      Security ID:  GB0009877944
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 18.73 Pence Per For       For        Management
      Ordinary Share
4     Re-elect Ken Jackson as Director          For       For        Management
5     Re-elect David Salkeld as Director        For       For        Management
6     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
7     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 19,459,201
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,921,802
9     Authorise 37,566,039 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

KEPPEL CORPORATION LTD

Ticker:                      Security ID:  SG1E04001251
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.11 Per    For       For        Management
      Share
3     Reelect Tony Chew Leong-Chee as Director  For       Against    Management
4     Reelect Lim Chee Onn as Director          For       For        Management
5     Reelect Teo Soon Hoe as Director          For       For        Management
6     Reelect Oon Kum Loon as Director          For       Against    Management
7     Reelect Tow Heng Tan as Director          For       Against    Management
8     Approve Directors' Fees of SGD 467,000    For       For        Management
      for the Year Ended Dec. 31, 2004
9     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
10    Authorize Share Repurchase Program        For       For        Management
11    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
12    Approve Mandate for Transactions with     For       For        Management
      Related Parties
13    Amend Articles of Association             For       For        Management


--------------------------------------------------------------------------------

KEPPEL CORPORATION LTD

Ticker:                      Security ID:  SG1E04001251
Meeting Date: APR 29, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Reduction of the Sum Standing to  For       For        Management
      the Credit of the Share Premium Account
      by Up to SGD 159.0 Million and that the
      Reduction be Returned to Shareholders on
      the Basis of SGD 0.20 in Cash for Each
      Issued Ordinary Share in the Capital of
      the Company


--------------------------------------------------------------------------------

KEPPEL LAND LTD. (FORMERLY STRAITS STEAMSHIP LAND)

Ticker:                      Security ID:  SG1R31002210
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare First and Final Dividend          For       For        Management
3     Reelect Heng Chiang Meng as Director      For       For        Management
4     Reelect Lim Chee Onn as Director          For       For        Management
5     Reelect Lim Ho Kee as Director            For       For        Management
6     Reelect Tsui Kai Chong as Director        For       For        Management
7     Approve Directors' Fees of SGD 573,000    For       For        Management
      for the Year Ended Dec. 31, 2004 (2003:
      SGD 236,268)
8     Reappoint Ernst & Young as Auditors and   For       For        Management
      Authorize Board to Fix Their Remuneration
9     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
10    Approve Mandate for Transactions with     For       For        Management
      Related Parties
11    Authorize Share Repurchase Program        For       For        Management
12    Amend Articles of Association             For       For        Management


--------------------------------------------------------------------------------

KERRY PROPERTIES

Ticker:                      Security ID:  BMG524401079
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3     Reelect Director                          For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
6a    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6b    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
7     Amend Bylaws Re: Voting by Poll,          For       For        Management
      Retirement of Directors


--------------------------------------------------------------------------------

KESA ELECTRICALS PLC

Ticker:                      Security ID:  GB0033040113
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
3     Approve Remuneration Report               For       For        Management
4     Approve Final Dividend of 8.25 Pence Per  For       For        Management
      Ordinary Share
5     Re-elect David Newlands as Director       For       For        Management
6     Re-elect Peter Wilson as Director         For       For        Management
7     Elect Simon Herrick as Director           For       For        Management
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 44,129,432
9     Approve EU Political Donations and to     For       For        Management
      Incur EU Political Expenditure up to
      Aggregate Nominal Amount of GBP 250,000
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,619,415
11    Authorise 52,955,321 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

KESKO

Ticker:                      Security ID:  FI0009000202
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
1.3   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.4   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1 Per Share                        Vote
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
1.7   Fix Number of Directors at 7              For       Did Not    Management
                                                          Vote
1.8   Elect Kari Salminen as New Director       For       Did Not    Management
                                                          Vote
1.9   Appoint PricewaterhouseCoopers Oy as      For       Did Not    Management
      Auditors                                            Vote
2     Change Terms and Conditions of the 2000   For       Did Not    Management
      Stock Option Scheme                                 Vote


--------------------------------------------------------------------------------

KEYENCE CORP.

Ticker:                      Security ID:  JP3236200006
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  MAR 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Against    Management
      the Following Dividends: Interim JY 5,
      Final JY 15, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
3.3   Appoint Alternate Internal Statutory      For       For        Management
      Auditor
4     Approve Retirement Bonus for Statutory    For       Against    Management
      Auditor
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

KEYENCE CORP.

Ticker:                      Security ID:  JP3236200006
Meeting Date: SEP 16, 2004   Meeting Type: Annual
Record Date:  JUN 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Against    Management
      the Following Dividends: Interim JY 0,
      Final JY 5, Special JY 0
2     Appoint Alternate Internal Statutory      For       For        Management
      Auditor


--------------------------------------------------------------------------------

KIKKOMAN CORP.

Ticker:                      Security ID:  JP3240400006
Meeting Date: JUN 27, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 8, Special JY 2
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Bonus for Family of Deceased
      Director
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
6     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

KINDEN CORP.

Ticker:                      Security ID:  JP3263000006
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 11, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
2.20  Elect Director                            For       For        Management
2.21  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management
4     Approve Special Payments to Continuing    For       Against    Management
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

KINGFISHER PLC

Ticker:       KGFHY          Security ID:  GB0033195214
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 6.8 Pence Per   For       For        Management
      Ordinary Share
4     Re-elect Phil Bentley as Director         For       For        Management
5     Re-elect Gerry Murphy as Director         For       For        Management
6     Re-elect John Nelson as Director          For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 105,980,861
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to a Nominal Value
      of 5 Percent of the Issued Share Capital
      of the Company
10    Authorise 234,830,336 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

KINTETSU CORP. (FORMERLY KINKI NIPPON RAILWAY CO.)

Ticker:                      Security ID:  JP3260800002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 3, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management


--------------------------------------------------------------------------------

KIRIN BREWERY CO.

Ticker:       KNBWF          Security ID:  JP3258000003
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6.5,
      Final JY 7, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management


--------------------------------------------------------------------------------

KLABIN SA, BRASIL (FORMELY INDUSTRIAS KLABIN DE PAPEL  E CE

Ticker:                      Security ID:  BRKLBNACNPR9
Meeting Date: MAR 21, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Cancel 221,829 Common Shares and 895,216  For       Did Not    Management
      Preferred Shares Held in Treasury Without           Vote
      Reduction in Capital
2     Authorize Increase in Capital through     For       Did Not    Management
      Capitalization of Reserves for a Value of           Vote
      BRL 300 Million Without New Issuance
3     Amend Art. 5 of Bylaws to Reflect Changes For       Did Not    Management
      in Capital                                          Vote
4     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
5     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
6     Elect Directors to the Board              For       Did Not    Management
                                                          Vote
7     Ratify and Fix Remuneration of Directors  For       Did Not    Management
                                                          Vote
8     Elect Supervisory Board and Fix their     For       Did Not    Management
      Remuneration                                        Vote
9     Transact Other Business (Voting)          For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

KLEPIERRE

Ticker:                      Security ID:  FR0000121964
Meeting Date: APR 7, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Accounting Transfers From         For       For        Management
      Long-Term Capital Gains Account to
      Ordinary Reserve
5     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2.30 per Share
6     Elect Alain Papiasse as Supervisory Board For       For        Management
      Member
7     Elect Francois Demon as Supervisory Board For       For        Management
      Member
8     Reelect Jerome Bedier as Supervisory      For       For        Management
      Board Member
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 60 Million
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 60 Million
13    Authorize Board to Set Issue Price for    For       Against    Management
      Ten Percent of Issued Capital Pursuant to
      Issue Authority without Preemptive Rights
14    Authorize Board to Increase Capital in    For       For        Management
      the Event of Demand Exceeding Amounts
      Submitted to Shareholder Vote Above
15    Authorize Capital Increase of Up to Ten   For       Against    Management
      Percent for Future Exchange Offers
16    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 60 Million for Bonus Issue or
      Increase in Par Value
17    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
18    Authorize Restricted Stock Plan;          For       Against    Management
      Authorize Use of Up to Ten Percent of
      Issued Capital in Restricted Stock Plan
19    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      70 Million
20    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

KOBE STEEL

Ticker:                      Security ID:  JP3289800009
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 3, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3     Approve Transfer of Company's Real Estate For       For        Management
      Related Business to Wholly-Owned
      Subsidiary
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management


--------------------------------------------------------------------------------

KOKUYO CO. LTD.

Ticker:                      Security ID:  JP3297000006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.5,
      Final JY 7.5, Special JY 3.5
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditors Special Payments
      to Continuing Directors and Statutory
      Auditors in Connection with Abolition of
      Retirement Bonus System


--------------------------------------------------------------------------------

KOMATSU LTD.

Ticker:                      Security ID:  JP3304200003
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 6, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format -
      Reduce Maximum Board Size - Streamline
      Board Structure
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

KONAMI CORP. (FORMERLY KONAMI CO. LTD.)

Ticker:                      Security ID:  JP3300200007
Meeting Date: FEB 22, 2005   Meeting Type: Special
Record Date:  JAN 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement with Konami      For       For        Management
      Computer Entertainment Studio, Konami
      Computer Entertainment Tokyo, and Konami
      Computer Entertainment Japan


--------------------------------------------------------------------------------

KONAMI CORP. (FORMERLY KONAMI CO. LTD.)

Ticker:                      Security ID:  JP3300200007
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 27,
      Final JY 27, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Maximum Board Size - Authorize
      Public Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonus for Director     For       For        Management
6     Approve Nine Executive Stock Option Plans For       For        Management


--------------------------------------------------------------------------------

KONE CORPORATION

Ticker:                      Security ID:  FI0009000566
Meeting Date: DEC 17, 2004   Meeting Type: Special
Record Date:  DEC 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Demerger                          For       For        Management
2     Change Fiscal Year End to March 31        For       For        Management
3     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

KONE CORPORATION

Ticker:                      Security ID:  FI0009013403
Meeting Date: JUN 17, 2005   Meeting Type: Special
Record Date:  JUN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors at 8; Elect Reino For       Did Not    Management
      Hanhinen as Director                                Vote
2     Authorize Repurchase of Up to 6.4 Million For       Did Not    Management
      Shares                                              Vote
3     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


--------------------------------------------------------------------------------

KONE CORPORATION

Ticker:                      Security ID:  FI0009000566
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
5     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
6     Fix Number of Directors: Approve Their    For       Did Not    Management
      Remuneration                                        Vote
7     Fix Number of Auditors: Approve Their     For       Did Not    Management
      Remuneration                                        Vote
8     Elect Directors                           For       Did Not    Management
                                                          Vote
9     Appoint Auditors and Deputy Auditors      For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

KONICA MINOLTA HOLDINGS INC. (FORMERLY KONICA CORP.)

Ticker:                      Security ID:  JP3300600008
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director                            For       For        Management
1.2   Elect Director                            For       For        Management
1.3   Elect Director                            For       For        Management
1.4   Elect Director                            For       For        Management
1.5   Elect Director                            For       For        Management
1.6   Elect Director                            For       For        Management
1.7   Elect Director                            For       For        Management
1.8   Elect Director                            For       For        Management
1.9   Elect Director                            For       For        Management
1.10  Elect Director                            For       For        Management
1.11  Elect Director                            For       For        Management
1.12  Elect Director                            For       For        Management
2     Approve Deep Discount Stock Option Plan   For       For        Management


--------------------------------------------------------------------------------

KUALA LUMPUR KEPONG BHD.

Ticker:                      Security ID:  MYL2445OO004
Meeting Date: FEB 23, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended
      Sept. 30, 2004
2     Approve Final Dividend of MYR0.09 Per     For       For        Management
      Share Less 28 Percent Malaysian Income
      Tax and a Special Dividend of MYR0.15 Per
      Share Less 28 Percent Malaysian Income
      Tax
3     Elect YM Tengku Robert Hamzah as Director For       For        Management
4     Elect Thong Yaw Hong as Director          For       For        Management
5     Elect R.M. Alias as Director              For       For        Management
6     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR706,000 for the Year Ended
      Sept. 30, 2004
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration


--------------------------------------------------------------------------------

KUALA LUMPUR KEPONG BHD.

Ticker:                      Security ID:  MYL2445OO004
Meeting Date: FEB 23, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
2     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions
3     Approve Proposed Ex-Gratia Payment of     For       Against    Management
      MYR400,000 to Charles Letts
4     Approve Proposed Ex-Gratia Payment of     For       Against    Management
      MYR400,000 to Yeoh Chin Hin
5     Approve Proposed Ex-Gratia Payment of     For       Against    Management
      MYR150,000 to Mahmood Sulaiman


--------------------------------------------------------------------------------

KUBOTA CORP.

Ticker:       KUB            Security ID:  JP3266400005
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 5, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Increase Number of Internal
      Auditors - Decrease Authorized Capital to
      Reflect Share Repurchase
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Apoprove Retirement Bonuses for Directors For       Against    Management
      and Statutory Auditor and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

KUDELSKI SA

Ticker:                      Security ID:  CH0012268360
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 0.20 per Bearer Share
      and CHF 0.02 per Registered Share
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4     Reelect Andre Kudelski, Claude Smadja,    For       For        Management
      Norbert Bucher, Laurent Dassault, Patrick
      Foetisch, Stefan Kudelski, Pierre Lescure
      and Gerard Limat as Directors
5     Ratify PricewaterhouseCooopers as         For       For        Management
      Auditors
6     Amend Pool of Conditional Capital without For       For        Management
      Preemptive Rights
7     Transact Other Business (Non-Voting)      None      None       Management


--------------------------------------------------------------------------------

KURARAY CO. LTD.

Ticker:                      Security ID:  JP3269600007
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5.5,
      Final JY 6.5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

KURITA WATER INDUSTRIES LTD.

Ticker:                      Security ID:  JP3270000007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 9, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

KYOCERA CORP.

Ticker:       KYO            Security ID:  JP3249600002
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 50, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonus for Director     For       For        Management
6     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
8     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

KYOWA HAKKO KOGYO

Ticker:                      Security ID:  JP3256000005
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.75,
      Final JY 6.25, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonuses for Directors  For       For        Management
5     Approve Deep Discount Stock Option Plan   For       For        Management
6     Approve Special Payments to Continuing    For       Against    Management
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System


--------------------------------------------------------------------------------

KYUSHU ELECTRIC POWER CO. INC.

Ticker:                      Security ID:  JP3246400000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 35, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor
5     Amend Articles to Specify that Renewable  Against   Against    Shareholder
      Energy Will Be Main Form of Power
      Generation
6     Amend Articles to Require Designation of  Against   Against    Shareholder
      Directors Responsible for Information
      Disclosure in Public Forum
7     Amend Articles to Add Declaration on      Against   Against    Shareholder
      Reduction of Greenhouse Gases
8     Amend Articles to Add Declaration on      Against   Against    Shareholder
      Abandonment of Plans for Plutonium
      Thermal Project
9     Amend Articles to Add Declaration of      Against   Against    Shareholder
      Non-Participation in Active Testing at
      Nuclear Fuel Reprocessing Plant


--------------------------------------------------------------------------------

L'AIR LIQUIDE

Ticker:       AIQUY          Security ID:  FR0000120073
Meeting Date: MAY 11, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 3.50 per Share                     Vote
4     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
5     Reelect Alain Joly as Supervisory Board   For       Did Not    Management
      Member                                              Vote
6     Reelect Lindsay Owen-Jones as Supervisory For       Did Not    Management
      Board Member                                        Vote
7     Reelect Thierry Desmarest as Supervisory  For       Did Not    Management
      Board Member                                        Vote
8     Elect Thierry Peugeot as Supervisory      For       Did Not    Management
      Board Member                                        Vote
9     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
10    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
11    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


--------------------------------------------------------------------------------

L'OREAL

Ticker:       LORLY          Security ID:  FR0000120321
Meeting Date: APR 26, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.82 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Francoise Bettencourt Meyers as   For       For        Management
      Director
6     Reelect Peter Brabeck-Lemathe as Director For       For        Management
7     Reelect Jean-Pierre Meyers as Director    For       For        Management
8     Elect Werner Bauer as Director            For       For        Management
9     Elect Louis Schweitzer as Director        For       For        Management
10    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 1.1 Million
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Authorize Issuance of Equity with         For       For        Management
      Preemptive Rights; Authorize
      Capitalization of Reserves of Up for
      Bonus Issue or Increase in Par Value
13    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Approve Restricted Stock Plan             For       Against    Management
15    Amend Articles to Reduce Share Blocking   For       For        Management
      Start Date from Five Days to Three Days
      Prior to the Shareholder Meeting
16    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

LAFARGE

Ticker:       MNCL           Security ID:  FR0000120537
Meeting Date: MAY 25, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Helene Ploix as Director          For       For        Management
6     Reelect Michel Bon as Director            For       For        Management
7     Reelect Bertrand Collomb as Director      For       For        Management
8     Reelect Juan Gallardo as Director         For       For        Management
9     Reelect Alain Joly as Director            For       For        Management
10    Elect Jean-Pierre Boisivon as Director    For       For        Management
11    Elect Philippe Charrier as Director       For       For        Management
12    Elect Oscar Fanjul as Director            For       For        Management
13    Elect Bruno Lafont as Director            For       For        Management
14    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
15    Authorize Issuance of Bonds/Debentures in For       For        Management
      the Aggregate Value of EUR 5 Billion
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million
18    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 135 Million
19    Authorize Capital Increase of Up to EUR   For       For        Management
      68 Million for Future Acquisitions
20    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 100 Million for Bonus Issue or
      Increase in Par Value
21    Approve Stock Option Plan Grants          For       Against    Management
22    Authorize Up to One Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
23    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
A     Shareholder Proposal: Remove Voting Right Against   For        Shareholder
      Limitation
24    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

LAGARDERE S.C.A.

Ticker:                      Security ID:  FR0000130213
Meeting Date: MAY 10, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Accounting Transfer from Special  For       Did Not    Management
      Long-Term Capital Gains Account to Other            Vote
      Reserves Account
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 3 per Share                        Vote
5     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
6     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
7     Ratify SCP Barbier Frinault & Autres as   For       Did Not    Management
      Auditor and Alain Grosmann as Alternate             Vote
      Auditor
8     Confirm End of Term of Alain Ghez as      For       Did Not    Management
      Auditor and Charles-Eric Ravisse                    Vote
      Alternate Auditor
9     Authorize Issuance of Securities          For       Did Not    Management
      Convertible into Debt of Up to 2.5                  Vote
      Billion
10    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 300 Million
11    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 300 Million
12    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Items 10 and 11
13    Authorize Capital Increase of Up to EUR   For       Did Not    Management
      300 Million for Future Exchange                     Vote
      Offers/Acquisitions
14    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 300 Million for Bonus Issue or            Vote
      Increase in Par Value
15    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
16    Authorize Issuance of Up to One Percent   For       Did Not    Management
      of Issued Capital for Restricted Stock              Vote
      Plan
17    Set Global Limit for Capital Increase to  For       Did Not    Management
      Result from All Issuance Requests at EUR            Vote
      300 Million
18    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
19    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


--------------------------------------------------------------------------------

LAND & HOUSES PUBLIC CO. LTD.

Ticker:                      Security ID:  TH0143010Z08
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  MAR 30, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 0.30 per Share
5     Elect Directors and Fix Their             For       For        Management
      Remuneration
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Approve Investment in Land and Houses     For       For        Management
      Credit Foncier Co, Ltd
8     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

LAND & HOUSES PUBLIC CO. LTD.

Ticker:                      Security ID:  TH0143010Z08
Meeting Date: JAN 27, 2005   Meeting Type: Special
Record Date:  JAN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve Issuance of Warrants to Employees For       Against    Management
      Who Act as Directors and Employees of the
      Company and its Subsidiaries
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

LAND SECURITIES GROUP PLC

Ticker:                      Security ID:  GB0031809436
Meeting Date: JUL 14, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 27.2 Pence Per  For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Elect Bo Lerenius as Director             For       For        Management
5     Re-elect Peter Birch as Director          For       For        Management
6     Re-elect Sir Winfried Bischoff as         For       For        Management
      Director
7     Re-elect David Rough as Director          For       For        Management
8     Re-appoint PricewaterhouseCooper LLP as   For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Authorise 46,597,098 Ordinary Shares for  For       For        Management
      Market Purchase
10    Approve Increase in the Aggregate         For       For        Management
      Remuneration of Non-Executive Directors
      from GBP 300,000 to GBP 500,000


--------------------------------------------------------------------------------

LANXESS AG

Ticker:                      Security ID:  DE0005470405
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
4     Elect Friedrich Janssen, Juergen Kammer,  For       For        Management
      Robert Koehler, Rainer Laufs, Lutz
      Lingnau, Ulrich Middelmann, Sieghardt
      Rometsch, and Rolf Stomberg to the
      Supervisory Board
5     Approve Creation of EUR 20 Million Pool   For       Against    Management
      of Conditional Capital to Guarantee
      Conversion Rights for 2004 Issuance of
      Convertible Bonds
6     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Proposed Changes in German Law (Law on
      Company Integrity and Modernization of
      Shareholder Lawsuits)
7     Approve Affiliation Agreement with        For       For        Management
      Subsidiary (Lanxess Deutschland GmbH)
8     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors for Fiscal 2005


--------------------------------------------------------------------------------

LAWSON, INC.

Ticker:                      Security ID:  JP3982100004
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 35,
      Final JY 35, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Decrease Authorized Capital to Reflect
      Share Repurchase
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Deep Discount Stock Option Plan   For       For        Management
7     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor, and Special
      Payments to Continuing Directors in
      Connection with Abolition of Retirement
      Bonus System


--------------------------------------------------------------------------------

LEGAL & GENERAL GROUP PLC

Ticker:                      Security ID:  GB0005603997
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 3.45 Pence Per  For       For        Management
      Ordinary Share
3     Re-elect Tim Breedon as Director          For       For        Management
4     Re-elect Frances Heaton as Director       For       For        Management
5     Re-elect Rob Margetts as Director         For       For        Management
6     Elect Henry Staunton as Director          For       For        Management
7     Re-elect Sir David Walker as Director     For       For        Management
8     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Approve Remuneration Report               For       For        Management
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 8,132,449
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 8,132,449
13    Authorise 325,297,974 Ordinary Shares for For       For        Management
      Market Purchase
14    Adopt New Articles of Association         For       For        Management


--------------------------------------------------------------------------------

LEIGHTON HOLDINGS LTD.

Ticker:                      Security ID:  AU000000LEI5
Meeting Date: NOV 11, 2004   Meeting Type: Annual
Record Date:  NOV 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2.1   Elect H.P. Keitel as Director             For       For        Management
2.2   Elect D.P. Robinson as Director           For       For        Management
2.3   Elect P.M. Noe as Director                For       Against    Management
2.4   Elect T.C. Leppert as Director            For       For        Management
2.5   Elect R.D. Humphris as Director           For       For        Management


--------------------------------------------------------------------------------

LEND LEASE CORPORATION LTD.

Ticker:                      Security ID:  AU000000LLC3
Meeting Date: NOV 17, 2004   Meeting Type: Annual
Record Date:  NOV 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2a    Elect D.A. Crawford as Director           For       For        Management
2b    Elect G.G. Edington as Director           For       For        Management
3     Amend Constitution Re: Reflect Changes to For       For        Management
      Corporations Act and ASX Listing Rules
4     Amend Constitution Re: Merger with        For       For        Management
      General Property Trust
5     Approve Stapling Deed                     For       For        Management
6     Approval of Off-Market Buy-Back           For       For        Management
7     Approve Non-Executive Directors'          For       For        Management
      Retirement Benefit Plan


--------------------------------------------------------------------------------

LEND LEASE CORPORATION LTD.

Ticker:                      Security ID:  AU000000LLC3
Meeting Date: NOV 17, 2004   Meeting Type: Court
Record Date:  NOV 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement             For       For        Management


--------------------------------------------------------------------------------

LI & FUNG

Ticker:                      Security ID:  BMG5485F1445
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.30 Per     For       For        Management
      Share and Special Dividend of HK$0.25 Per
      Share
3a    Reelect Victor Fung Kwok King as          For       For        Management
      Non-Executive Director
3b    Reelect William Fung Kwok Lun as          For       For        Management
      Executive Director
3c    Reelect Allan Wong Chi Yun as Independent For       For        Management
      Non-Executive Director
3d    Reelect Makoto Yasuda as Inependent       For       For        Management
      Non-Executive Director
3e    Reelect Lau Butt Farn as Non-Executive    For       For        Management
      Director
3f    Reelect Bruce Philip Rockowitz as         For       For        Management
      Executive Director
4     Approve Remuneration of Directors and     For       For        Management
      Chairman of the Board at HK$80,000 and
      HK$200,000 Respectively for the Year
      Ending December 31, 2005 and Pay
      Additional Remuneration to Non-Executive
      Directors Who Serve on the Board
      Committees
5     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
8     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

LIBERTY INTERNATIONAL PLC (FORMERLY TRANSATLANTIC HOLDI

Ticker:                      Security ID:  GB0006834344
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 14.1 Pence Per  For       For        Management
      Share
3     Elect Richard Cable as Director           For       For        Management
4     Elect Kay Chaldecott as Director          For       For        Management
5     Elect Sir Robert Finch as Director        For       For        Management
6     Elect Ian Henderson as Director           For       For        Management
7     Elect Lesley James as Director            For       For        Management
8     Elect Rob Rowley as Director              For       For        Management
9     Re-elect Michael Rapp as Director         For       For        Management
10    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
11    Approve Remuneration Report               For       For        Management
12    Authorise 32,168,829 Shares for Market    For       For        Management
      Purchase
13    Amend Articles Re:  Treasury Shares       For       For        Management


--------------------------------------------------------------------------------

LINDE AG

Ticker:                      Security ID:  DE0006483001
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.25 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
5     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft as Auditors for
      Fiscal Year 2005
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Approve Creation of EUR 80 Million Pool   For       For        Management
      of Conditional Capital with Preemptive
      Rights
8     Approve Creation of EUR 40 Million Pool   For       For        Management
      of Conditional Capital without Preemptive
      Rights
9     Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 1,000
      Million with Preemptive Rights; Approve
      Creation of EUR 50 Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights
10    Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration


--------------------------------------------------------------------------------

LLOYDS TSB GROUP PLC (FORMERLY TSB GROUP)

Ticker:                      Security ID:  GB0008706128
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3a    Elect Sir Julian Horn-Smith as Director   For       For        Management
3b    Elect Truett Tate as Director             For       For        Management
4a    Re-elect Gavin Gemmell as Director        For       For        Management
4b    Re-elect Michael Fairey as Director       For       For        Management
4c    Re-elect DeAnne Julius as Director        For       For        Management
5     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
6     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
7     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 332,373,048, USD 40,000,000, EUR
      40,000,000 and JPY 1,250,000,000
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 70,942,899
9     Authorise 567,000,000 Shares for Market   For       For        Management
      Purchase


--------------------------------------------------------------------------------

LOGICACMG PLC(FRMLY LOGICA PLC)

Ticker:                      Security ID:  GB0005227086
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 3.5 Pence Per   For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
5     Elect Roger Payne as Director             For       For        Management
6     Re-elect Helmut Mamsch as Director        For       For        Management
7     Re-elect Jim Mckenna as Director          For       For        Management
8     Re-elect Cor Stutterheim as Director      For       For        Management
9     Authorise 75,094,677 Ordinary Shares for  For       For        Management
      Market Purchase
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 24,781,243
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,754,733
12    Adopt New Articles of Association         For       Against    Management
13    Approve The LogicaCMG 2005 UK Sharesave   For       For        Management
      Plan
14    Approve The LogicaCMG 2005 International  For       For        Management
      Sharesave Plan
15    Approve the Company to Incur EU Political For       Against    Management
      Expenditure up to GBP 250,000
16    Approve LogicaCMG UK Limited to Incur EU  For       Against    Management
      Political Expenditure up to GBP 250,000


--------------------------------------------------------------------------------

LOGITECH INTERNATIONAL SA

Ticker:                      Security ID:  CH0012607195
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve 2:1 Stock Split                   For       For        Management
4     Approve Allocation of Income and Omission For       For        Management
      of Dividends
5     Amend Articles to Lower Minimum           For       For        Management
      Shareholding Requirement for Submitting
      Shareholder Proposals
6     Approve Discharge of Board and Senior     For       For        Management
      Management
7.1.1 Elect Matthew Bousquette as Director      For       For        Management
7.1.2 Reelect Frank Gill as Director            For       For        Management
7.1.3 Reelect Gary Beninger as Director         For       For        Management
7.2   Ratify PricewaterhouseCoopers SA as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

LONZA GROUP LTD.

Ticker:                      Security ID:  CH0013841017
Meeting Date: APR 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.30 per Share
4     Approve Discharge of Board and Senior     For       For        Management
      Management
5     Approve Creation of CHF 2.5 Million Pool  For       For        Management
      of Conditional Capital without Preemptive
      Rights
6     Reelect Peter Kalantzis, Bernard Mach,    For       For        Management
      Richard Sykes, and Peter Wilden as
      Directors; Elect Rolf Soiron as Director
7     Ratify KPMG Fides Peat as Auditors        For       For        Management


--------------------------------------------------------------------------------

LUKOIL OAO

Ticker:       LUKFY          Security ID:  677862104
Meeting Date: JAN 24, 2005   Meeting Type: Special
Record Date:  DEC 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   EARLY TERMINATION OF POWERS OF ALL        None      For        Shareholder
      MEMBERS OF THE COMPANY S BOARD OF
      DIRECTORS
1.2A  ELECT ALEKPEROV, VAGIT YUSUFOVICH AS      None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2B  ELECT BEREZHNOI, MIKHAIL PAVLOVICH AS     None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2C  ELECT GRAYFER, VALERY ISA KOVICH AS       None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2D  ELECT YESAOULKOVA, TATIANA STANISLAVOVNA  None      Against    Shareholder
      AS MEMBER OF THE BOARD OF DIRECTORS
1.2E  ELECT KUTAFIN, OLEG YEMEL YANOVICH AS     None      For        Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2F  ELECT MAGANOV, RAVIL ULFATOVICH AS MEMBER None      Against    Shareholder
      OF THE BOARD OF DIRECTORS
1.2G  ELECT MATZKE, RICHARD HERMAN AS MEMBER OF None      For        Shareholder
      THE BOARD OF DIRECTORS
1.2H  ELECT MEYERS, KEVIN OMAR AS MEMBER OF THE None      Against    Shareholder
      BOARD OF DIRECTORS
1.2I  ELECT MIKHAILOVA, SERGEI NATOLIEVICH AS   None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2J  ELECT TSVETKOV, MIKOLAI ALEXANDROVICH AS  None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2K  ELECT SHERKUNOV, IGOR VLADIMIROVICH AS    None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2L  ELECT SHOKHIN, ALEXANDER NIOLAEVICH AS    None      For        Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
2     APPROVAL OF THE AMENDMENTS AND ADDENDA TO For       For        Shareholder
      THE CHARTER OF THE OPEN JOINT STOCK
      COMPANY OIL COMPANY LUKOIL


--------------------------------------------------------------------------------

LUXOTTICA GROUP S.P.A.

Ticker:       LUX            Security ID:  IT0001479374
Meeting Date: JUN 15, 2005   Meeting Type: Annual
Record Date:  JUN 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends Distribution
3     Approve Remuneration of Directors         For       For        Management


--------------------------------------------------------------------------------

LUXOTTICA GROUP S.P.A.

Ticker:       LUX            Security ID:  IT0001479374
Meeting Date: SEP 14, 2004   Meeting Type: Special
Record Date:  SEP 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors on the Board at   For       For        Management
      12, Elect One Director Appointed on July
      27, 2004;  Elect Three Additional
      Directors
2     Approve Remuneration of Directors         For       For        Management
3     Adopt Rules Governing General Meetings    For       For        Management
4     Amend Article No. 32                      For       Against    Management


--------------------------------------------------------------------------------

LVMH MOET HENNESSY LOUIS VUITTON

Ticker:                      Security ID:  FR0000121014
Meeting Date: MAY 12, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
4     Approve Accounting Transfer from Special  For       For        Management
      Long-Term Capital Gains Account to Other
      Reserves Account
5     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.95 per Share
6     Reelect Nicolas Bazire as Director        For       Against    Management
7     Reelect Antonio Belloni as Director       For       Against    Management
8     Reelect Diego Della Valle as Director     For       Against    Management
9     Reelect Jacques Friedman as Director      For       Against    Management
10    Reelect Gilles Hennessy as Director       For       Against    Management
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
13    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 30 Million
14    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 30 Million
15    Authorize Capital Increase of Up to Ten   For       For        Management
      Percent for Future Acquisitions
16    Approve Capital Increase of Up to EUR 30  For       Against    Management
      Million without Preemptive Rights
17    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
18    Authorize Up to One Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan


--------------------------------------------------------------------------------

MAANSHAN IRON & STEEL COMPANY LTD.

Ticker:       MISCY          Security ID:  CN0008881962
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  MAY 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Working Report of the Board of     For       Did Not    Management
      Directors for the Year 2004                         Vote
2     Accept Working Report of the Supervisory  For       Did Not    Management
      Committee for the Year 2004                         Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Proposed Profit Appropriation for For       Did Not    Management
      the Year 2004                                       Vote
5     Appoint Ernst & Young Hua Ming and Ernst  For       Did Not    Management
      & Young as Auditors for the Year 2005 and           Vote
      Authorize Board to Fix Their Remuneration
6     Approve Technological Revamping and       For       Did Not    Management
      Structural Adjustment Master Plan for the           Vote
      Eleventh Five-Year Plan


--------------------------------------------------------------------------------

MABUCHI MOTOR CO. LTD.

Ticker:                      Security ID:  JP3870000001
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Interim Special JY 39, Final JY 25, Final
      Special JY 26
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management


--------------------------------------------------------------------------------

MACQUARIE BANK LTD

Ticker:                      Security ID:  AU000000MBL3
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:  JUL 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2     Elect David S. Clarke as Director         For       Against    Management
3     Elect Mark R. G. Johnson as Director      For       For        Management
4     Elect John J. Allpass as Director         For       For        Management
5     Elect Catherine B. Livingstone as         For       For        Management
      Director
6     Approve Grant of Up to 165,600 Options to For       Against    Management
      Allan E. Moss, Managing Director,
      Pursuant to the Macquarie Bank Employee
      Share Option Plan
7     Approve Grant of Up to 20,900 Options to  For       Against    Management
      Mark R. G. Johnson, Executive Director,
      Pursuant to the Macquarie Bank Employee
      Share Option Plan
8     Approve Grant of Up to 8,4000 Options to  For       Against    Management
      Laurie G. Cox, Executive Director,
      Pursuant to the Macquarie Bank Employee
      Share Option Plan
9     Approve Grant of Up to 82,800 Options to  For       Against    Management
      David S. Clarke, Executive Chairman,
      Pursuant to the macquarie Bank Employee
      Share Option Plan
10    Amend Articles Re: Corporations Act       For       For        Management
      References, the Cancellation,
      Postponement and Change of Venue of
      General Meetings, Retirement of Voting
      Directors and the Rights and
      Responsibilities of Alternate Voting
      Directors


--------------------------------------------------------------------------------

MACQUARIE INFRASTRUCTURE GROUP  (INFRASTRUCTURE TRUST OF AUSTRAL

Ticker:                      Security ID:  AU000000MIG8
Meeting Date: NOV 30, 2004   Meeting Type: Annual
Record Date:  NOV 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Constitution to Facilitate the      For       For        Management
      Scheme of Arrangement
2     Amend Constitution Re: Options            For       For        Management
3     Share Stapling to Cease in Relation to    For       For        Management
      Macquarie European Infrastructure Plc
1     Amend Constitution to Facilitate the      For       For        Management
      Scheme of Arrangement
2     Amend Constitution Re: Options            For       For        Management
3     Share Stapling to Cease in Relation to    For       For        Management
      Macquarie European Infrastructure Plc
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Elect John Poulter as Director            For       For        Management
3     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Approve De-Stapling                       For       For        Management
5     Approve Implementation of a Scheme of     For       For        Management
      Arrangement
6     Approve Capital Reduction                 For       For        Management
7     Approve Conversion of Ordinary Shares of  For       For        Management
      10 Pence Each in the Present Capital of
      the Company Into One Deferred Share of 10
      Pence Each
8     Amend Articles of Association re:         For       For        Management
      Deferred Shares
1     Approve Scheme of Arrangement             For       For        Management


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MAGNUM CORP. BHD.

Ticker:                      Security ID:  MYL3735OO007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve Final Dividend of 12 Percent Less For       For        Management
      Income Tax, in Respect of the Year Ended
      Dec. 31, 2004
3     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR 350,000 for the Financial
      Year Ended Dec. 31, 2004
4i    Elect Tham Ka Hon as Director             For       For        Management
4ii   Elect Henry Chin Poy Wu as Director       For       For        Management
5     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
6     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
7     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
8     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions
9     Elect Ng Seet Kow as Director             None      Against    Shareholder


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MAGNUM CORP. BHD.

Ticker:                      Security ID:  MYL3735OO007
Meeting Date: OCT 1, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Proposed Exemption of             For       For        Management
      Multi-Purpose Holdings Bhd, Multi-Purpose
      (Guernsey) Ltd and Marinco Holdings Sdn
      Bhd Among Others from Acquiring the
      Remaining Ordinary Shares of MYR0.50 Each
      in Magnum Corporation Bhd


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MALAKOFF BERHAD

Ticker:                      Security ID:  MYL2496OO007
Meeting Date: JAN 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Aug.
      31,2004
2     Approve Final Dividends of MYR0.15 Per    For       For        Management
      Share for the Financial Year Ended Aug.
      31, 2004 Less Tax at 28 Percent for the
      Financial Year Ended Aug. 31, 2004
3     Elect Tan Sri Abdul Halim bin Ali as      For       For        Management
      Director
4     Elect Abdul Jabbar bin Abdul Majid as     For       For        Management
      Director
5     Elect Vincent Richard Harris as Director  For       Against    Management
6     Elect Tan Sri Nuraizah binti Abdul Hamid  For       For        Management
      as Director
7     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR390,202 for the Financial
      Year Ended Aug. 31, 2004
8     Approve KPMG as Auditors and Authorize    For       For        Management
      Board to Fix Their Remuneration
9     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital


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MALAKOFF BERHAD

Ticker:                      Security ID:  MYL2496OO007
Meeting Date: SEP 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Existing Bye-Laws of the Employees  For       Against    Management
      Share Option Scheme (Existing ESOS) and
      Approve Subsequent Termination of the
      Existing ESOS as Set Out in Section 2.1.3
      and Section 2.1.5, Respectively, of the
      Circular to Shareholders Dated Sept. 8,
      2004
2     Approve Establishment of New Employe      For       Against    Management
      Share Option Scheme
3     Approve Proposed Grant of Options to      For       Against    Management
      Abdul Halim bin Ali
4     Approve Proposed Grant of Options to      For       Against    Management
      Abdul Aziz bin Abdul Rahim
5     Approve Proposed Grant of Options to      For       Against    Management
      Abdul Jabbar bin Abdul Majid
6     Approve Proposed Grant of Options to      For       Against    Management
      Azizan bin Mohd Noor
7     Approve Proposed Grant of Options to      For       Against    Management
      Ismail bin Shahudin
8     Approve Proposed Grant of Options to      For       Against    Management
      Vincent Richard Harris
9     Approve Proposed Grant of Options to      For       Against    Management
      Nuraizah binti Abdul Hamid
10    Approve Proposed Grant of Options to      For       Against    Management
      Ahmad Jauhari bin Yahya
1     Amend Article 4(v) of the Articles of     For       Against    Management
      Association Re: Shareholder Approval for
      the Participation of Directors in Share
      Issuances
2     Amend Article 146 of the Articles of      For       For        Management
      Association Re: Payment of Dividend,
      Interest or Other Monies Payable in Cash
      on or in Respect of Shares Via Electronic
      Transfers


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MALAYAN BANKING BERHAD

Ticker:                      Security ID:  MYL1155OO000
Meeting Date: AUG 11, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Employee Share Option Scheme      For       Against    Management
2     Approve Grant of Options to Mohamed Basir For       Against    Management
      bin Ahmad
3     Approve Grant of Options to Richard Ho    For       Against    Management
      Ung Hun
4     Approve Grant of Options to Amirsham A    For       Against    Management
      Aziz
5     Approve Grant of Options to Muhammad      For       Against    Management
      Alias bin Raja Muhd. Ali
6     Approve Grant of Options to Mohammad bin  For       Against    Management
      Abdullah
7     Approve Grant of Options to Haji Mohd.    For       Against    Management
      Hashir bin Haji Abdullah
8     Approve Grant of Options to Teh Soon Poh  For       Against    Management
9     Approve Grant of Options to Haji Abdul    For       Against    Management
      Rahman bin Mohd. Ramli
10    Approve Grant of Options to Mohammed      For       Against    Management
      Hussein
11    Approve Grant of Options to Hooi Lai      For       Against    Management
      Hoong
12    Approve Grant of Options to Alizakri bin  For       Against    Management
      Raja Muhammad Alias
13    Approve Increase in Authorized Share      For       Against    Management
      Capital from MYR4 Billion to MYR10
      Billion
14    Amend Clause 5 of the Memorandum of       For       Against    Management
      Association and Articles 3(1) Re: Change
      in Capital from MYR4 Billion to MYR10
      Billion and 6(3) of the Articles of
      Association Re: No Director Shall
      Participate in an Issue of Shares
      Pursuant to a Share Option Scheme
15    Amend Articles 118 and 119 of the         For       For        Management
      Articles of Association Re: Payment
      Through a Crediting of Funds into a
      Specified Bank Account of Such Member or
      Senior Member


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MALAYAN BANKING BERHAD

Ticker:                      Security ID:  MYL1155OO000
Meeting Date: OCT 11, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended June
      30, 2004
2     Approve Final Dividend of MYR0.25 Per     For       For        Management
      Share Less 28 Percent Income Tax for the
      Financial Year Ended June 30, 2004
3     Elect Haji Mohd Hashir bin Haji Abdullah  For       For        Management
      as Director
4     Elect Teh Soon Poh as Director            For       For        Management
5     Elect Mohammed Hussein as Director        For       For        Management
6     Elect Megat Zaharuddin bin Megat Mohd Nor For       For        Management
      as Director
7     Elect Md Agil bin Mohd Natt as Director   For       For        Management
8     Elect Richard Ho Ung Hun as Director      For       For        Management
9     Elect Muhammad Alias bin Raja Muhd. Ali.  For       For        Management
      as Director
10    Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR656,830.62 for the Financial
      Year Ended June 30, 2004
11    Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
12    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital


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MALAYSIA INTERNATIONAL SHIPPING CORPORATION BERHAD

Ticker:                      Security ID:  MYF3816O1005
Meeting Date: AUG 12, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Mar.
      31, 2004
2     Approve Final Dividend of MYR0.15 Per     For       For        Management
      Share and Special Dividend of MYR0.10 Per
      Share for the Financial Year Ended Mar.
      31, 2004
3     Elect Halipah binti Esa, Shamsul Azhar    For       For        Management
      bin Abbas and Liang Kim Bang as Directors
4     Approve Remuneration of Directors for the For       For        Management
      Financial Year Ended Mar. 31, 2004
5     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
6     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

MAN AG

Ticker:                      Security ID:  DE0005937007
Meeting Date: JUN 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports for Fiscal 2004
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.05 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Approve Creation of EUR 188.2 Million     For       Against    Management
      Pool of Conditional Capital without
      Preemptive Rights
6     Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 1.5
      Billion without Preemptive Rights;
      Approve Creation of EUR 76.8 Million Pool
      of Conditional Capital to Guarantee
      Conversion Rights
7     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
8     Amend Articles Re: Registration for       For       For        Management
      Shareholder Meetings Due to Proposed
      Changes in German Law (Law on Company
      Integrity and Modernization of
      Shareholder Lawsuits)
9     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors for
      Fiscal 2005
10.1  Elect Renate Koecher to the Supervisory   For       For        Management
      Board
10.2  Elect Michael Behrendt to the Supervisory For       For        Management
      Board
10.3  Elect Herbert Demel to the Supervisory    For       For        Management
      Board
10.4  Elect Klaus Eberhardt to the Supervisory  For       For        Management
      Board
10.5  Elect Hubertus von Gruenberg to the       For       For        Management
      Supervisory Board
10.6  Elect Karl-Ludwig Kley to the Supervisory For       For        Management
      Board
10.7  Elect Joachim Milberg to the Supervisory  For       For        Management
      Board
10.8  Elect Rudolf Rupprecht to the Supervisory For       For        Management
      Board
10.9  Elect Ekkehard Schulz to the Supervisory  For       For        Management
      Board
10.10 Elect Hanns-Helge Stechl to the           For       For        Management
      Supervisory Board


--------------------------------------------------------------------------------

MAN GROUP PLC  (FORMERLY ED & F MAN GROUP PLC)

Ticker:                      Security ID:  GB0002944055
Meeting Date: JUL 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 18.6 Pence Per  For       For        Management
      Ordinary Share
4     Elect Jon Aisbitt as Director             For       For        Management
5     Elect Chris Chambers as Director          For       For        Management
6     Elect Jonathan Nicholls as Director       For       For        Management
7     Re-elect Alison Carnwath as Director      For       For        Management
8     Re-elect Harvey McGrath as Director       For       For        Management
9     Re-elect Glen Moreno as Director          For       For        Management
10    Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Scrip Dividend                    For       For        Management
13    Approve Capital Reorganisation Re:        For       For        Management
      Cancellation of Ordinary Share Capital,
      Capital Increase and Redenomination of
      Share Capital into US Dollars
14    Amend Articles of Association Re: The     For       For        Management
      Redenomination of Share Capital
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to 103,434,640 Ordinary Shares
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to 15,515,190
      Ordinary Shares
17    Authorise 31,030,393 Ordinary Shares for  For       For        Management
      Market Purchase
18    Approve Increase in the Aggregate         For       For        Management
      Remuneration of Non-Executive Directors
      from GBP 500,000 to GBP 1,000,000


--------------------------------------------------------------------------------

MARKS & SPENCER GROUP PLC (FORMERLY MARKS & SPENCER PLC)

Ticker:                      Security ID:  GB0031274896
Meeting Date: JUL 14, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 7.1 Pence Per   For       For        Management
      Ordinary Share
4     Elect Maurice Helfgott as Director        For       For        Management
5     Elect Mark McKeon as Director             For       For        Management
6     Elect Stuart Rose as Director             For       For        Management
7     Elect Charles Wilson as Director          For       For        Management
8     Re-elect Kevin Lomax as Director          For       For        Management
9     Re-elect Paul Myners as Director          For       For        Management
10    Re-elect Brian Baldock as Director        For       For        Management
11    Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 188,790,912
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 28,318,636
14    Authorise 226 Million Ordinary Shares for For       For        Management
      Market Purchase


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MARKS & SPENCER GROUP PLC (FORMERLY MARKS & SPENCER PLC)

Ticker:                      Security ID:  GB0031274896
Meeting Date: OCT 22, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorise 692,771,084 Ordinary Shares     For       For        Management
      (GBP 2.3 billion) for Market Purchase
      Pursuant to the Tender Offer
2     Authorise 158,743,463 Ordinary Shares for For       For        Management
      Market Purchase other than that Proposed
      in Resolution 1


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MARUBENI CORP.

Ticker:                      Security ID:  JP3877600001
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends on Ordinary
      Shares : Interim JY 0, Final JY 4,
      Special JY 0
2     Approve Reduction in Capital Reserves     For       For        Management
3     Amend Articles to: Expand Business Lines  For       Against    Management
      - Authorize Share Repurchases at Board's
      Discretion - Streamline Board Structure
      in Connection with Introduction of
      Executive Officer System
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       Against    Management
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors and
      Statutory Auditors
7     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


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MARUI CO. LTD.

Ticker:                      Security ID:  JP3870400003
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 22, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management


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MATSUSHITA ELECTRIC INDUSTRIAL CO. LTD.

Ticker:       MC             Security ID:  JP3866800000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.5,
      Final JY 7.5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
3     Approve Special Bonus for Family of       For       Against    Management
      Deceased Director and Retirement Bonuses
      for Directors


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MATSUSHITA ELECTRIC WORKS LTD.

Ticker:                      Security ID:  JP3867600003
Meeting Date: FEB 18, 2005   Meeting Type: Annual
Record Date:  NOV 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6.25,
      Final JY 7.5, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Change Fiscal Year End
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


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MATSUSHITA ELECTRIC WORKS LTD.

Ticker:                      Security ID:  JP3867600003
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management


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MAXIS COMMUNICATIONS BHD

Ticker:                      Security ID:  MYL5051OO007
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Final Dividends of MYR 0.10 Per   For       For        Management
      Share Tax Exempt and MYR 0.0833 Per Share
      Less Malaysian Income Tax at 28 Percent
      for the Financial Year Ended Dec. 31,
      2004
2     Elect Jamaludin bin Ibrahim as Director   For       For        Management
3     Elect Augustus Ralph Marshall as Director For       For        Management
4     Elect Chan Chee Beng as Director          For       For        Management
5     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to 10
      Percent of Issued Share Capital


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MAXIS COMMUNICATIONS BHD

Ticker:                      Security ID:  MYL5051OO007
Meeting Date: JUN 23, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with MEASAT Broadcast
      Network Systems Sdn Bhd, Multimedia
      Interactive Technologies Sdn Bhd and
      Airtime Management and Programming Sdn
      Bhd
2     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with SRG Asia Pacific Sdn
      Bhd, UT Hospitality Services Sdn Bhd and
      BonusKad Loyalty Sdn Bhd
3     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with MEASAT Satellite
      Systems Sdn Bhd
4     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with TGV Cinemas Sdn Bhd,
      Pan Malaysian Pools Sdn Bhd and Tanjong
      City Centre Property Management Sdn Bhd
5     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Oakwood Sdn Bhd,
      AmProperty Trust Management Bhd,
      AmProperty Holdings Sdn Bhd, AmFinance
      Bhd, Resorts World Bhd and Genting
      Highlands Bhd Among Others
6     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with HeiTech Padu Bhd
7     Approve Offer and Grant of Options to     For       Against    Management
      Jamaludin bin Ibrahim, the Chief
      Executive Officer and an Executive
      Director of Maxis Communications Bhd
      Pursuant to the Employee Share Option
      Scheme and Contract of Service


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MAYNE GROUP LTD (FORMERLY MAYNE NICKLESS LIMITED )

Ticker:       MAYNY          Security ID:  AU000000MAY8
Meeting Date: NOV 9, 2004    Meeting Type: Annual
Record Date:  NOV 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2     Elect I.D. Blackburne as Director         For       For        Management
3     Elect S.C.H. Kay as Director              For       For        Management
4     Approve Remuneration of Non-Executive     For       For        Management
      Directors in the Amount of AUD 1.5
      Million Per Annum
5     Amend Consitution Re: Reflect Changes to  For       For        Management
      Corporations Act 2001 and ASX Listing
      Rules


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MAYR MELNHOF KARTON AG

Ticker:                      Security ID:  AT0000938204
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
5     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
6     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
7     Ratify Auditors                           For       Did Not    Management
                                                          Vote
8     Authorize Repurchase of Issued Share      For       Did Not    Management
      Capital                                             Vote
9     Amend Articles Re: Elections to           For       Did Not    Management
      Supervisory Board                                   Vote


--------------------------------------------------------------------------------

MEDIA PRIMA BHD (FMRLY SISTEM TELEVISYAN MALAYSIA BERHAD)

Ticker:                      Security ID:  MYL4502OO000
Meeting Date: JAN 7, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Share Option Scheme               For       Against    Management
2     Approve Grant of Options to Abdul Rahman  For       Against    Management
      bin Ahmad


--------------------------------------------------------------------------------

MEDIA PRIMA BHD (FMRLY SISTEM TELEVISYAN MALAYSIA BERHAD)

Ticker:                      Security ID:  MYL4502OO000
Meeting Date: JUN 23, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions


--------------------------------------------------------------------------------

MEDIA PRIMA BHD (FMRLY SISTEM TELEVISYAN MALAYSIA BERHAD)

Ticker:                      Security ID:  MYL4502OO000
Meeting Date: JUN 23, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

MEDIA PRIMA BHD (FMRLY SISTEM TELEVISYAN MALAYSIA BERHAD)

Ticker:                      Security ID:  MYL4502OO000
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Elect Abdul Mutalib bin Datuk Seri        For       For        Management
      Mohamed Razak as Director
3     Elect Abdul Rahman bin Ahmad as Director  For       Against    Management
4     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR 165,000 for the Financial
      Year Ended Dec. 31, 2004
5     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to 10
      Percent of Issued Share Capital


--------------------------------------------------------------------------------

MEDIASET SPA

Ticker:       MDIEY          Security ID:  IT0001063210
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
3     Elect External Auditors for the           For       For        Management
      Three-Year Term 2005-2007; Fix Auditors'
      Remuneration
4     Appoint Board of Internal Statutory       For       For        Management
      Auditors and its Chairman; Approve
      Remuneration of Auditors


--------------------------------------------------------------------------------

MEDIOBANCA SPA

Ticker:                      Security ID:  IT0000062957
Meeting Date: OCT 28, 2004   Meeting Type: Annual/Special
Record Date:  OCT 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports as of June 30, 2004
2     Fix Number of Directors on the Board;     For       Against    Management
      Elect Directors
3     Approve Director                          For       For        Management
      Indemnification/Liability Provisions
1     Amend Resolution Approved at EGM Held on  For       Against    Management
      June 25, 2004, Re: Capital Increase
      Through Issuance of 15 Million Ordinary
      Shares Pursuant to Share Option Scheme;
      Amend Bylaws Accordingly


--------------------------------------------------------------------------------

MEDIOLANUM SPA

Ticker:                      Security ID:  IT0001279501
Meeting Date: APR 26, 2005   Meeting Type: Annual/Special
Record Date:  APR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Fix Number of Directors on the Board;     For       Against    Management
      Elect Directors and Board Chairman;
      Determine Directors' Term and
      Remuneration
3     Appoint Board of Internal Statutory       For       For        Management
      Auditors and its Chairman; Approve
      Remuneration of Auditors
4     Elect External Auditors for the           For       For        Management
      Three-Year Term 2005-2007; Fix Auditors'
      Remuneration
5     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
1     Revoke Partially Implemented Resolution   For       Against    Management
      Adoted on April 12, 2001, Authorizing an
      Issuance of a Maximum of 3 Million Shares
      Pursuant to Share Option Scheme in Favor
      of Group Employees
2     Revoke Partially Implemented Resolution   For       Against    Management
      Adoted on April 12, 2001, Authorizing an
      Issuance of a Maximum of 1.5 Million
      Shares Pursuant to Share Option Scheme in
      Favor of Non-Executive Directors
3     Approve Share Plan In Favor of Group      For       Against    Management
      Employees and Non-Executive Directors
4     Approve Separate Issuances Respectively   For       Against    Management
      in the Amounts of 4 Million, 4 Million,
      and 1.5 Million Shares Pursuant to Share
      Option Schemes in Favor of Employees,
      Collaborators, and Non-Executive
      Directors


--------------------------------------------------------------------------------

MEGGITT PLC

Ticker:                      Security ID:  GB0005758098
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 4.8 Pence Per   For       For        Management
      Ordinary Share
4     Re-elect David Robins as Director         For       For        Management
5     Re-elect Terry Twigger as Director        For       For        Management
6     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 7,161,350
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,074,200
10    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 350,000
11    Approve Scrip Dividend Program            For       For        Management
12    Approve the Meggitt Equity Participation  For       For        Management
      Plan 2005
13    Approve Meggitt Share Option Scheme       For       For        Management
14    Approve Authority to Establish Share      For       For        Management
      Schemes outside the UK Based on the
      Proposed Plans


--------------------------------------------------------------------------------

MEIJI DAIRIES CORP.

Ticker:                      Security ID:  JP3917800009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
2.20  Elect Director                            For       For        Management
2.21  Elect Director                            For       For        Management
2.22  Elect Director                            For       For        Management
2.23  Elect Director                            For       For        Management
2.24  Elect Director                            For       For        Management
3     Appoint Alternate Internal Statutory      For       For        Management
      Auditor
4     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

MEIJI SEIKA KAISHA LTD.

Ticker:                      Security ID:  JP3917000006
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.50,
      Final JY 3.50, Special JY 0
2     Amend Articles to: Abolish Retirement     For       For        Management
      Bonus System - Reduce Directors Term in
      Office
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Payments to Continuing
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

MEITEC CORP.

Ticker:                      Security ID:  JP3919200000
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 32,
      Final JY 32, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

MERCK KGAA

Ticker:                      Security ID:  DE0006599905
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports for Fiscal Year 2004
2     Accept Financial Statements and Statutory For       For        Management
      Reports for Fiscal Year 2004
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.80 per Share and Bonus
      Dividend of EUR 0.20 per Share
4     Approve Discharge of Personally Liable    For       For        Management
      Partners for Fiscal Year 2004
5     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
6     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors for
      Fiscal Year 2005
7     Approve Affiliation Agreements with       For       For        Management
      Subsidiaries
8     Adopt New Articles of Association         For       For        Management
9     Approve Creation of EUR 64.3 Million Pool For       For        Management
      of Conditional Capital with Partial
      Exclusion of Preemptive Rights


--------------------------------------------------------------------------------

METRO AG

Ticker:                      Security ID:  DE0007257503
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income and Dividends of EUR 1.02 per
      Common Share and EUR 1.12 per Preference
      Share
2     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
4     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG and Fasselt &
      Partner as Auditors for Fiscal 2005
5     Elect Theo Siegert to the Supervisory     For       For        Management
      Board
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Amend Articles Re: Calling of,            For       For        Management
      Registration for, and Time Designation at
      Shareholder Meetings Due to Proposed
      Changes in German Law (Law on Company
      Integrity and Modernization of
      Shareholder Lawsuits)


--------------------------------------------------------------------------------

METROVACESA. S.A, (FRM. INMOB.METROP. VASCO CENTRAL)

Ticker:                      Security ID:  ES0154220414
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements for Fiscal Year
      Ended 12-31-04, Allocation of Income;
      Approve Discharge Directors
2     Appoint New Member to the Board           For       For        Management
3     Approve Auditors                          For       For        Management
4     Amend Articles Re: Board Management       For       For        Management
5     Authorize Repurchase of Shares            For       For        Management
6     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize EUR 5.3 Million Capital         For       For        Management
      Increase Through Issuance of 3.5 Million
      New Shares for a 1:20 Bonus Issue
8     Present Report Re: Board Guidelines       For       For        Management
9     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
10    Allow Questions                           For       For        Management
11    Approve Minutes of Meeting                For       For        Management


--------------------------------------------------------------------------------

MFI FURNITURE GROUP PLC

Ticker:                      Security ID:  GB0005576813
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 2 Pence Per     For       For        Management
      Ordinary Share
3     Elect Mark Robson as Director             For       For        Management
4     Re-elect John Hancock as Director         For       For        Management
5     Re-elect Mark Horgan as Director          For       For        Management
6     Re-elect Lesley Knox as Director          For       For        Management
7     Re-elect Ian Smith as Director            For       For        Management
8     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Approve Remuneration Report               For       Against    Management
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 15,198,182
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,115,851
13    Authorise 62,580,514 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

MICHELIN ET CIE.

Ticker:                      Security ID:  FR0000121261
Meeting Date: MAY 20, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.25 per Share
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
4     Approve Special Auditors' Report          For       For        Management
      Regarding Absence of Related-Party
      Transactions
5     Approve Accounting Transfer from          For       For        Management
      Long-Term Capital Gains Accounts to Other
      Reserve
6     Reelect Laurence Parisot as Supervisory   For       For        Management
      Board Member
7     Reelect Patrick Cox as Supervisory Board  For       For        Management
      Member
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9     Amend Articles of Association to Adopt    For       For        Management
      Michel Rollier as Limited Managing
      Partner
10    Amend Articles of Association to Remove   For       For        Management
      Nationality Requirement to Qualify for
      Double Voting Rights


--------------------------------------------------------------------------------

MILLEA HOLDINGS INC.

Ticker:                      Security ID:  JP3910660004
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 11000, Special JY 0
2     Amend Articles to: Abolish Retirement     For       For        Management
      Bonus System - Decrease Authorized
      Capital to Reflect Share Repurchase
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
6     Approve Deep Discount Stock Option Plan   For       For        Management
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
8     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

MILLENNIUM BCP (FORMERLY BANCO COMERCIAL PORTUGUES S.A.   )

Ticker:                      Security ID:  PTBCP0AM0007
Meeting Date: MAR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual and Consolidated        For       For        Management
      Financial Statements and Statutory
      Reports for Year Ended 2004
2     Approve Allocation of Income              For       For        Management
3     Approve Discharge of Management and       For       For        Management
      Supervisory Board
4     Amend Articles 31 and 34 of Bylaws        For       Against    Management
5     Elect Management Board, Supervisory       For       For        Management
      Board, and Board Committees for 2005-2007
6     Elect Superior Council Board              For       For        Management
7     Authorize Repurchase of Shares and        For       For        Management
      Reissuance of Repurchased Shares
8     Authorize Repurchase and Reissuance of    For       For        Management
      Bonds


--------------------------------------------------------------------------------

MINEBEA CO. LTD.

Ticker:                      Security ID:  JP3906000009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 7, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       Against    Management


--------------------------------------------------------------------------------

MISYS PLC

Ticker:                      Security ID:  GB0003857850
Meeting Date: SEP 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 4.08 Pence Per  For       For        Management
      Share
4     Elect Ian Dyson as Director               For       For        Management
5     Re-elect Tony Alexander as Director       For       For        Management
6     Re-elect Howard Evans as Director         For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 1,770,336
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 279,340
10    Authorise Shares up to GBP 532,228 for    For       For        Management
      Market Purchase
11    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 50,000
      and EU Political Expenditure up to
      Aggregate Nominal Amount of GBP 50,000
12    Amend Employee' Share Plans Re: Dilution  For       For        Management
      Limits
13    Renew the Authority to Make Awards Under  For       For        Management
      the 1998 LTIP and the 1998 Approved and
      Unapproved Share Option Plans
14    Amend Employee' Share Plans Re: Cessation For       For        Management
      of Employment
15    Approve Misys 2004 Share Award Plan       For       For        Management


--------------------------------------------------------------------------------

MITCHELLS & BUTLERS PLC

Ticker:       MLB            Security ID:  GB0033839910
Meeting Date: JAN 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 6.65 Pence Per  For       For        Management
      Share
4a    Re-elect Mike Bramley as Director         For       For        Management
4b    Re-elect Roger Carr as Director           For       For        Management
4c    Re-elect Drummond Hall as Director        For       For        Management
5     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      of the Company
6     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
7     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 12,369,740
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,855,460
9     Authorise 52,389,740 Shares for Market    For       For        Management
      Purchase
10    Approve Amendments to the Short Term      For       For        Management
      Deferred Incentive Plan
11    Authorise the Company and its Subsidiary, For       For        Management
      Mitchells & Butlers Retail Ltd., to each
      Make Donations to EU Political
      Organisations up to GBP 50,000 and to
      each Incur EU Political Expenditure up to
      GBP 50,000


--------------------------------------------------------------------------------

MITSUBISHI CHEMICAL CORP.

Ticker:                      Security ID:  JP3895800005
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 6, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3     Approve Deep Discount Stock Option Plan   For       Against    Management
4     Approve Formation of Joint Holding        For       For        Management
      Company with Mitsubishi Pharma Corp.
5.1   Elect Director                            For       For        Management
5.2   Elect Director                            For       For        Management
5.3   Elect Director                            For       For        Management
5.4   Elect Director                            For       For        Management
5.5   Elect Director                            For       For        Management
5.6   Elect Director                            For       For        Management
5.7   Elect Director                            For       For        Management
5.8   Elect Director                            For       For        Management
5.9   Elect Director                            For       For        Management


--------------------------------------------------------------------------------

MITSUBISHI CORP.

Ticker:                      Security ID:  JP3898400001
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6,
      Final JY 12, Special JY 0
2     Amend Articles to: Amend Business         For       For        Management
      Objectives Clause
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management
5     Approve Deep Discount Stock Option Plan   For       For        Management
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Payments to Continuing
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System for Outsiders


--------------------------------------------------------------------------------

MITSUBISHI ELECTRIC CORP.

Ticker:       MIELYF         Security ID:  JP3902400005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director                            For       For        Management
1.2   Elect Director                            For       For        Management
1.3   Elect Director                            For       For        Management
1.4   Elect Director                            For       For        Management
1.5   Elect Director                            For       For        Management
1.6   Elect Director                            For       For        Management
1.7   Elect Director                            For       For        Management
1.8   Elect Director                            For       Against    Management
1.9   Elect Director                            For       For        Management
1.10  Elect Director                            For       Against    Management
1.11  Elect Director                            For       For        Management
1.12  Elect Director                            For       For        Management
2     Appoint External Auditors                 For       For        Management


--------------------------------------------------------------------------------

MITSUBISHI ESTATE CO. LTD.

Ticker:                      Security ID:  JP3899600005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 4, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size
3.1   Elect Director                            For       Against    Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       Against    Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management


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MITSUBISHI HEAVY INDUSTRY LTD.

Ticker:                      Security ID:  JP3900000005
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 4, Special JY 0
2     Amend Articles to: Reduce Directors Term  For       For        Management
      in Office
3.1   Elect Director                            For       Against    Management
3.2   Elect Director                            For       Against    Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       Against    Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
6     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

MITSUBISHI LOGISTICS CORP. (FORMERLY MITSUBISHI WAREHOUSE)

Ticker:                      Security ID:  JP3902000003
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 4, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

MITSUBISHI MATERIALS CORP.

Ticker:                      Security ID:  JP3903000002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 3, Special JY 0
2     Approve Transfer of Company's Aluminum    For       For        Management
      Can Business to Joint Venture with Hokkai
      Can Co. Ltd.
3     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size
4.1   Elect Director                            For       Against    Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
6     Approve Retirement Bonus for Director     For       Against    Management


--------------------------------------------------------------------------------

MITSUBISHI RAYON CO. LTD.

Ticker:                      Security ID:  JP3903600009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.50,
      Final JY 3.50, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management


--------------------------------------------------------------------------------

MITSUBISHI TOKYO FINANCIAL GROUP INC

Ticker:                      Security ID:  JP3902900004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends on Ordinary
      Shares: Interim JY 0, Final JY 6000,
      Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Preferred Share Capital - Delete
      References to Cancelled Preferred Shares
      and Add References to New Classes of
      Preferred Shares
3     Approve Merger Agreement with UFJ         For       For        Management
      Holdings Inc.
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       Against    Management
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


--------------------------------------------------------------------------------

MITSUI & CO.

Ticker:       MITSY          Security ID:  JP3893600001
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 10, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Authorize Public Announcements in
      Electronic Format - Clarify Board's
      Authority to Vary Record Date for AGM -
      Clarify Director Authorities
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       Against    Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management


--------------------------------------------------------------------------------

MITSUI CHEMICALS INC.

Ticker:                      Security ID:  JP3888300005
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 4, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

MITSUI FUDOSAN CO. LTD.

Ticker:                      Security ID:  JP3893200000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.50,
      Final JY 3.50, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 1.77 Billion to 3.29 Billion
      Shares - Reduce Maximum Board Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

MITSUI MINING & SMELTING CO. LTD.

Ticker:                      Security ID:  JP3888400003
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 7, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
3     Approve Special Payments to Continuing    For       For        Management
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System
4     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

MITSUI O.S.K. LINES LTD.

Ticker:                      Security ID:  JP3362700001
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.5,
      Final JY 8.5, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format -
      Cancel Year-End Closure of Shareholder
      Register - Streamline Board Structure
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor and Approve Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors
7     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

MITSUI SUMITOMO INSURANCE CO. LTD

Ticker:                      Security ID:  JP3888200007
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 8.5, Special JY 1
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Streamline Board Structure -
      Abolish Retirement Bonus System - Limit
      Directors' Legal Liability
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor and Special
      Payments to Continuing Directors and
      Auditors in Connection with Abolition of
      Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

MITSUI TRUST HOLDINGS INC

Ticker:                      Security ID:  JP3892100003
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends on Ordinary
      Shares: Interim JY 0, Final JY 2.5,
      Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
3.3   Appoint Internal Statutory Auditor        For       Against    Management
3.4   Appoint Internal Statutory Auditor        For       Against    Management
3.5   Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonuses for Statutory  For       For        Management
      Auditors


--------------------------------------------------------------------------------

MITSUKOSHI LTD.

Ticker:                      Security ID:  JP3894810005
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 3, Special JY 0
2     Amend Articles to: Clarify Director       For       For        Management
      Authorities
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
4     Approve Deep Discount Stock Option Plan   For       Against    Management


--------------------------------------------------------------------------------

MIZUHO FINANCIAL GROUP INC.

Ticker:                      Security ID:  JP3885780001
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends on Ordinary
      Shares: Interim JY 0, Final JY 3500,
      Special JY 0
2     Authorize Repurchase of Preferred Shares  For       For        Management
3     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Preferred Share
      Cancellation
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       For        Management
6     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditors
7     Amend Articles to Require Disclosure of   Against   For        Shareholder
      Individual Compensation of Directors and
      Statutory Auditors
8     Approve Alternate Income Allocation       Against   Against    Shareholder
      Proposal, with a Dividend of JY 7000 Per
      Share


--------------------------------------------------------------------------------

MTR CORP

Ticker:                      Security ID:  HK0066009694
Meeting Date: JUN 2, 2005    Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.28 Per     For       For        Management
      Share
3a    Reelect Cheung Yau-kai as Director        For       For        Management
3b    Reelect Edward Ho Sing-tin as Director    For       For        Management
3c    Reelect Lo Chung-hing as Director         For       For        Management
4     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG

Ticker:                      Security ID:  DE0008430026
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2.00 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
6     Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 3 Billion
      with Preemptive Rights; Approve Creation
      of EUR 100 Million Pool of Conditional
      Capital to Guarantee Conversion Rights
7     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration


--------------------------------------------------------------------------------

MURATA MANUFACTURING CO. LTD.

Ticker:                      Security ID:  JP3914400001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 25, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Maximum Board Size - Decrease
      Authorized Capital to Reflect Share
      Repurchase - Authorize Public
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
6     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

NAMCO LTD.

Ticker:                      Security ID:  JP3651200002
Meeting Date: JUN 25, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 20,
      Final JY 12, Special JY 8
2     Approve Formation of Holding Company with For       For        Management
      Bandai Co.
3     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management


--------------------------------------------------------------------------------

NATIONAL AUSTRALIA BANK (NAB)

Ticker:       NAB            Security ID:  AU000000NAB4
Meeting Date: JAN 31, 2005   Meeting Type: Annual
Record Date:  JAN 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Chairman's Address, Presentation by the   None      None       Management
      Managing Director and Chief Executive
      Officer, and an Address by the Chairman
      of the Human Resources Committee
2     Receive Financial Statements and          None      None       Management
      Statutory Reports
3.1   Elect Graham Kraehe as Director           For       For        Management
3.2a  Elect Michael A. Chaney as Director       For       For        Management
3.2b  Elect Robert G. Elstone as Director       For       For        Management
3.2c  Elect Ahmed Fahour as Director            For       For        Management
3.2d  Elect Daniel T. Gilbert as Director       For       For        Management
3.2e  Elect Paul J. Rizzo as Director           For       For        Management
3.2f  Elect Jillian S. Segal as Director        For       For        Management
3.2g  Elect Michael J. Ullmer as Director       For       For        Management
3.2h  Elect G. Malcolm Williamson as Director   For       For        Management
4     Remove Geoffrey Tomlinson as a Director   Against   For        Shareholder
5     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
6     Approve Grant of Options, Performance     For       For        Management
      Rights and Shares to John Stewart,
      Managing Director and Chief Executive
      Officer
7     Authorize Share Repurchase Program        For       For        Management


--------------------------------------------------------------------------------

NATIONAL BANK OF GREECE

Ticker:                      Security ID:  GRS003013000
Meeting Date: JUN 3, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Stock Option Plan for Company's   For       Did Not    Management
      Executive Directors, Management Officers,           Vote
      and Staff


--------------------------------------------------------------------------------

NATIONAL BANK OF GREECE

Ticker:                      Security ID:  GRS003013000
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Statutory Reports for Year Ended   For       Did Not    Management
      December31, 2004                                    Vote
2     Accept Financial Statements for Year      For       Did Not    Management
      Ended December 31, 2004                             Vote
3     Approve Discharge of Board and Auditors   For       Did Not    Management
      for 2004                                            Vote
4     Approve Remuneration of Directors for     For       Did Not    Management
      2004 and Preapprove Directors'                      Vote
      Remuneration for 2005
5     Approve Remuneration of Directors Who Are For       Did Not    Management
      Members of the Audit Committee for 2005             Vote
6     Authorize Board and Management of the     For       Did Not    Management
      Company to Participate in Boards and                Vote
      Management of Similar Companies
7     Approve One Principal and One Substitute  For       Did Not    Management
      Auditor and Authorize Board to Fix Their            Vote
      Remuneration
8     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
9     Elect Directors and Designate Independent For       Did Not    Management
      Members                                             Vote
10    Approve Stock Option Program              For       Did Not    Management
                                                          Vote
11    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

NATIONAL EXPRESS GROUP PLC

Ticker:                      Security ID:  GB0006215205
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 20.65 Pence Per For       For        Management
      Ordinary Share
4     Elect Sir Andrew Foster as Director       For       For        Management
5     Elect Tim Score as Director               For       For        Management
6     Re-elect Barry Gibson as Director         For       For        Management
7     Re-elect Sue Lyons as Director            For       For        Management
8     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise 13,800,000 Ordinary Shares for  For       For        Management
      Market Purchase
11    Authorise the Company to Make EU          For       For        Management
      Political Donations and Incur EU
      Political Expenditure up to GBP 100,000
12    Approve The National Express Group plc    For       For        Management
      Long-Term Incentive Plan


--------------------------------------------------------------------------------

NATIONAL FINANCE & SECURITIES

Ticker:                      Security ID:  TH0083010Y15
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 0.40 per Share
5     Elect Directors                           For       For        Management
6     Approve Remuneration of Directors         For       Against    Management
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
8     Amend Articles of Association             For       For        Management


--------------------------------------------------------------------------------

NATIONAL GRID TRANSCO PLC (FORMERLY NATIONAL GRID GROUP PLC,

Ticker:       NGG            Security ID:  GB0031223877
Meeting Date: JUL 26, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 11.87 Pence Per For       For        Management
      Ordinary Share
3     Elect Mike Jesanis as Director            For       For        Management
4     Elect Maria Richter as Director           For       For        Management
5     Re-elect James Ross as Director           For       For        Management
6     Re-elect John Grant as Director           For       For        Management
7     Re-elect Edward Astle as Director         For       For        Management
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Approve Remuneration Report               For       For        Management
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 102,929,251
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 15,439,387
12    Authorise 308,787,755 Ordinary Shares for For       For        Management
      Market Purchase
13    Amend Articles of Association Re:         For       For        Management
      Deletion of the Special Share Article
14    Approve the Cancellation of the Special   For       For        Management
      Rights Non-voting Redeemable Preference
      Share


--------------------------------------------------------------------------------

NEC CORP.

Ticker:       NIPNY          Security ID:  JP3733000008
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 3.2 Billion to 7.5 Billion
      Shares - Reduce Maximum Board Size -
      Clarify Director Authorities - Authorize
      Public Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


--------------------------------------------------------------------------------

NEPTUNE ORIENT LINES

Ticker:                      Security ID:  SG1F90001388
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Approve Non-Executive Directors' Fees of  For       For        Management
      SGD 913,768 (2003: SGD 1.3 Million)
3     Declare Final Dividend of SGD 0.1469 Per  For       For        Management
      Share and Special Dividend of SGD 0.2169
      Per Share
4     Reelect Friedbert Malt as Director        For       Against    Management
5     Reelect James Connal Scotland Rankin as   For       For        Management
      Director
6     Reelect Christopher Lau Loke Sam as       For       For        Management
      Director
7     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
8     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
9     Authorize Share Repurchase Program        For       For        Management
10    Approve Mandate for Transactions with     For       For        Management
      Related Parties


--------------------------------------------------------------------------------

NESTLE (MALAYSIA) BERHAD

Ticker:                      Security ID:  MYL4707OO005
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve Final Dividend of MYR 0.66 Per    For       For        Management
      Share Less Tax and Tax-Exempt Dividend of
      MYR 0.075 Per Share for the Financial
      Year Ended Dec. 31, 2004
3     Approve Remuneration of Directors for the For       For        Management
      Financial Year Ended Dec. 31, 2004
4     Elect Sullivan Joseph O'Carroll as        For       For        Management
      Director
5     Elect Michael W. Garrett as Director      For       For        Management
6     Elect Azlan bin Mohd Zainol as Director   For       For        Management
7     Approve KPMG as Auditors and Authorize    For       For        Management
      Board to Fix Their Remuneration
8     Elect Mohd Ghazali Seth as Director       For       For        Management
9     Elect Ernest Zulliger as Director         For       Against    Management
10    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions as Set Out Under Section 2.3
      [i] of the Circular to Shareholders Dated
      April 1, 2005
11    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions as Set Out Under Section 2.3
      [ii], [iii], [iv] and [v] of the Circular
      to Shareholders Dated April 1, 2005


--------------------------------------------------------------------------------

NESTLE SA

Ticker:       NESAY          Security ID:  CH0012056047
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Accept Financial Statements and Statutory For       For        Management
      Reports
1b    Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 8.00 per Share
4a    Amend Articles of Association to Separate Against   For        Shareholder
      Position of CEO and Chairman of the Board
4b    Amend Articles of Association to Reduce   Against   For        Shareholder
      Board Terms from Five Years to Three
      Years; Approve Individual Election of
      Board Members
4c    Amend Articles of Association to Reduce   Against   Against    Shareholder
      Threshold for Submitting Shareholder
      Proposals From CHF 1 Million to CHF
      100,000
5     Elect Guenter Blobel as Director          For       For        Management
6     Ratify KPMG Klynveld Peat Marwick         For       For        Management
      Goerdeler SA as Auditors


--------------------------------------------------------------------------------

NEW WORLD DEVELOPMENT CO. LTD.

Ticker:                      Security ID:  HK0017000149
Meeting Date: DEC 7, 2004    Meeting Type: Annual
Record Date:  NOV 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Against    Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend                    For       For        Management
3a    Reelect Leung Chi-Kin, Stewart as         For       For        Management
      Director
3b    Reelect Cheng Yue-Pui as Director         For       For        Management
3c    Reelect Cheng Kar-Shing, Peter as         For       For        Management
      Director
3d    Reelect Chow Kwai-Cheung as Director      For       For        Management
3e    Reelect Ho Hau-Hay, Hamilton as Director  For       For        Management
3f    Reelect Lee Luen-Wai, John as Director    For       For        Management
3g    Reelect Liang Cheung-Biu, Thomas as       For       For        Management
      Director
3h    Authorize Board to Fix Directors'         For       For        Management
      Remuneration
4     Reappoint Joint Auditors and Authorize    For       For        Management
      Board to Fix Their Remuneration
5     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Nomination of Directors,
      Material Interest of Directors in
      Contracts Entered into by the Company


--------------------------------------------------------------------------------

NEWCREST MINING LTD.

Ticker:                      Security ID:  AU000000NCM7
Meeting Date: OCT 27, 2004   Meeting Type: Annual
Record Date:  OCT 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect Ian A. Renard as Director           For       For        Management
2b    Elect Ronald C. Milne as Director         For       For        Management
3     Approve Grant of Employee Performance     For       For        Management
      Rights to Managing Director Palmer
4     Amend Constitution Re: Retirement of      For       For        Management
      Directors


--------------------------------------------------------------------------------

NEWS CORPORATION

Ticker:       NWS            Security ID:  AU000000NCP0
Meeting Date: OCT 26, 2004   Meeting Type: Court
Record Date:  OCT 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.    Approve Share Scheme                      For       For        Management


--------------------------------------------------------------------------------

NEWS CORPORATION

Ticker:       NWS            Security ID:  AU000000NCP0
Meeting Date: OCT 26, 2004   Meeting Type: Annual
Record Date:  OCT 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect KE Cowley as Director               For       For        Management
2     Elect DF DeVoe as Director                For       For        Management
3     Elect V Dinh as Director                  For       For        Management
4     Elect PL Barnes as Director               For       For        Management
5     Elect JL Thornton as Director             For       For        Management


--------------------------------------------------------------------------------

NEWS CORPORATION

Ticker:       NWS            Security ID:  AU000000NCP0
Meeting Date: OCT 26, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Reduction of the Capital of   For       For        Management
      the Company by the Cancellation of All of
      the Ordinary and Preferred Shares in the
      Company which will Take Effect on the
      Implementation of the Share Scheme


--------------------------------------------------------------------------------

NEXT PLC

Ticker:                      Security ID:  GB0032089863
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 28 Pence Per    For       For        Management
      Ordinary Share
4     Elect Jonathan Dawson as Director         For       For        Management
5     Elect Christine Cross as Director         For       For        Management
6     Re-elect Simon Wolfson as Director        For       For        Management
7     Re-elect Andrew Varley as Director        For       For        Management
8     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
9     Approve Next Management Share Option Plan For       For        Management
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 8,500,000
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,300,000
12    Authorise 39,000,000 Ordinary Shares for  For       For        Management
      Market Purchase
13    Authorise the Company to Enter Into       For       For        Management
      Contingent Share Purchase Contracts with
      Each of Goldman Sachs International, UBS
      AG and Deutsche Bank AG.
14    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors


--------------------------------------------------------------------------------

NEXT PLC

Ticker:                      Security ID:  GB0032089863
Meeting Date: NOV 29, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorise 6 Million Shares Representing   For       For        Management
      2.3 Percent of the Company's Issued Share
      Capital for Off-Market Purchase Pursuant
      to a Programme Agreement between the
      Company and Goldman Sachs International


--------------------------------------------------------------------------------

NGK INSULATORS LTD.

Ticker:                      Security ID:  JP3695200000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 6, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Abolish Retirement Bonus System -
      Reduce Directors Term in Office -
      Streamline Board Structure
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
6     Approve Deep Discount Stock Option Plan   For       For        Management
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

NIDEC CORP.

Ticker:                      Security ID:  JP3734800000
Meeting Date: DEC 15, 2004   Meeting Type: Special
Record Date:  OCT 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Share Exchange Acquisition of     For       For        Management
      Nidec-Kyori Corp.


--------------------------------------------------------------------------------

NIDEC CORP.

Ticker:                      Security ID:  JP3734800000
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 20,
      Final JY 25, Special JY 0
2     Amend Articles to: Abolish Retirement     For       For        Management
      Bonus System - Create Post of Chairman -
      Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

NIKKO CORDIAL CORP.  (FORMERLY NIKKO SECURITIES CO. LTD.)

Ticker:                      Security ID:  JP3670000003
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Reverse Stock Split               For       For        Management
2     Amend Articles to: Expand Business Lines  For       Against    Management
      - Decrease Authorized Capital to Reflect
      Reverse Stock Split - Authorize Public
      Notices in Electronic Format - Clarify
      Board Authority to Vary AGM Record Date
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       Against    Management
4     Approve Deep Discount Stock Option Plan   For       For        Management


--------------------------------------------------------------------------------

NINTENDO CO. LTD.

Ticker:       NTDOY          Security ID:  JP3756600007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 70,
      Final JY 200, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
3     Approve Retirement Bonus for Director and For       Against    Management
      Special Payments to Continuing Directors
      and Statutory Auditors in Cennection with
      Abolition of Retirment Bonus System


--------------------------------------------------------------------------------

NIPPON BUILDING FUND INC. (FORMERLY OFFICE BUILDING FUND OF JAPAN)

Ticker:                      Security ID:  JP3027670003
Meeting Date: MAR 10, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Limit Legal Liability  For       For        Management
      of Executive Directors and Supervisory
      Directors; Permit REIT to Purchase Shares
      of Real Estate Management Companies
2     Elect 2 Executive Directors and 4         For       For        Management
      Supervisory Directors


--------------------------------------------------------------------------------

NIPPON EXPRESS CO. LTD.

Ticker:                      Security ID:  JP3729400006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 4, Special JY 0
2     Amend Articles to: Delete Obsolete        For       For        Management
      Language Inserted into Articles in
      Connection with Extension of Statutory
      Auditor's Term in Office
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

NIPPON MEAT PACKERS INC.

Ticker:                      Security ID:  JP3743000006
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 16, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
3     Approve Deep Discount Stock Option Plan   For       For        Management


--------------------------------------------------------------------------------

NIPPON MINING HOLDINGS INC.

Ticker:                      Security ID:  JP3379550001
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 10, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4     Approve Deep Discount Stock Option Plan   For       For        Management
5     Approve Retirement Bonus for Director and For       For        Management
      Special Payments to Continuing Directors
      in Connection with Abolition of
      Retirement Bonus System


--------------------------------------------------------------------------------

NIPPON OIL CORP. (FORMERLY NIPPON MITSUBISHI OIL CO.)

Ticker:                      Security ID:  JP3679700009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 6, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 2 Billion Shares to 5
      Billion Shares - Authorize Public
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor and Special
      Payments to Continuing Directors and
      Auditors in Connection with Abolition of
      Retirement Bonus System


--------------------------------------------------------------------------------

NIPPON PAPER GROUP INC. (FORMERLY NIPPON UNIPAC HOLDING)

Ticker:                      Security ID:  JP3754300006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Did Not    Management
      the Following Dividends: Interim JY 4000,           Vote
      Final JY 4000, Special JY 0
2.1   Elect Director                            For       Did Not    Management
                                                          Vote
2.2   Elect Director                            For       Did Not    Management
                                                          Vote
2.3   Elect Director                            For       Did Not    Management
                                                          Vote
2.4   Elect Director                            For       Did Not    Management
                                                          Vote
2.5   Elect Director                            For       Did Not    Management
                                                          Vote
2.6   Elect Director                            For       Did Not    Management
                                                          Vote
2.7   Elect Director                            For       Did Not    Management
                                                          Vote
2.8   Elect Director                            For       Did Not    Management
                                                          Vote
2.9   Elect Director                            For       Did Not    Management
                                                          Vote
3     Approve Retirement Bonuses for Directors  For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

NIPPON SHEET GLASS CO. LTD.

Ticker:                      Security ID:  JP3686800008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management
4     Approve Payment of Annual Bonuses to      For       For        Management
      Directors
5     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

NIPPON STEEL CORP.

Ticker:                      Security ID:  JP3381000003
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 5, Special JY 0
2     Approve Payment of Annual Bonuses to      For       For        Management
      Directors and Statutory Auditors
3     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
4.13  Elect Director                            For       For        Management
4.14  Elect Director                            For       For        Management
4.15  Elect Director                            For       For        Management
4.16  Elect Director                            For       For        Management
4.17  Elect Director                            For       For        Management
4.18  Elect Director                            For       For        Management
4.19  Elect Director                            For       For        Management
4.20  Elect Director                            For       For        Management
4.21  Elect Director                            For       For        Management
4.22  Elect Director                            For       For        Management
4.23  Elect Director                            For       For        Management
4.24  Elect Director                            For       For        Management
4.25  Elect Director                            For       For        Management
4.26  Elect Director                            For       For        Management
4.27  Elect Director                            For       For        Management
4.28  Elect Director                            For       For        Management
4.29  Elect Director                            For       For        Management
4.30  Elect Director                            For       For        Management
4.31  Elect Director                            For       For        Management
4.32  Elect Director                            For       For        Management
4.33  Elect Director                            For       For        Management
4.34  Elect Director                            For       For        Management
4.35  Elect Director                            For       For        Management
4.36  Elect Director                            For       For        Management
4.37  Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       For        Management
5.3   Appoint Internal Statutory Auditor        For       Against    Management
6     Approve Special Bonus for Family of       For       Against    Management
      Deceased Satutory Auditor and Retirement
      Bounuses for Directors and Statutory
      Auditor


--------------------------------------------------------------------------------

NIPPON TELEGRAPH & TELEPHONE CORP.

Ticker:                      Security ID:  JP3735400008
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3000,
      Final JY 3000, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

NIPPON YUSEN K.K.

Ticker:                      Security ID:  JP3753000003
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.5,
      Final JY 8.5, Special JY 2
2     Amend Articles to: Cancel Year-End        For       For        Management
      Closure of Shareholder Register - Reduce
      Maximum Board Size - Clarify Director
      Authorities
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

NISSAN CHEMICAL INDUSTRIES LTD.

Ticker:                      Security ID:  JP3670800006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 7, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


--------------------------------------------------------------------------------

NISSAN MOTOR CO. LTD.

Ticker:       NSANY          Security ID:  JP3672400003
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12,
      Final JY 12, Special JY 0
2     Amend Articles to Delete Language         For       For        Management
      Specifying Term in Office of Statutory
      Auditors in Office on or Before March 31,
      2003
3     Approve Executive Stock Option Plan       For       For        Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
5     Appoint Internal Statutory Auditor        For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditors
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

NISSHIN SEIFUN GROUP INC.

Ticker:                      Security ID:  JP3676800000
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Did Not    Management
      the Following Dividends: Interim JY 8.5,            Vote
      Final JY 5.5, Special JY 0
2     Amend Articles to: Increase Authorized    For       Did Not    Management
      Capital from 461.67 Million Shares to               Vote
      932.86 Million Shares - Abolish
      Retirement Bonus System
3     Approve Executive Stock Option Plan       For       Did Not    Management
                                                          Vote
4.1   Elect Director                            For       Did Not    Management
                                                          Vote
4.2   Elect Director                            For       Did Not    Management
                                                          Vote
4.3   Elect Director                            For       Did Not    Management
                                                          Vote
4.4   Elect Director                            For       Did Not    Management
                                                          Vote
4.5   Elect Director                            For       Did Not    Management
                                                          Vote
4.6   Elect Director                            For       Did Not    Management
                                                          Vote
4.7   Elect Director                            For       Did Not    Management
                                                          Vote
4.8   Elect Director                            For       Did Not    Management
                                                          Vote
4.9   Elect Director                            For       Did Not    Management
                                                          Vote
5.1   Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
5.2   Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
5.3   Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
6     Approve Retirement Bonuses and Special    For       Did Not    Management
      Payments to Continuing Directors and                Vote
      Auditors in Connection with Abolition of
      Retirement Bonus System


--------------------------------------------------------------------------------

NISSHINBO INDUSTRIES INC.

Ticker:                      Security ID:  JP3678000005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.5,
      Final JY 6.5, Special JY 0
2     Amend Articles to: Cancel Year-End        For       For        Management
      Closure of Shareholder Register -
      Decrease Authorized Capital to Reflect
      Share Repurchase
3     Approve Retirement Bonus for Director and For       Against    Management
      Special Payments to Continuing Directors
      and Satutory Auditors in Connection with
      Abolition of Retirement Bonus System
4     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
5     Appoint External Auditors                 For       For        Management


--------------------------------------------------------------------------------

NISSIN FOOD PRODUCTS CO. LTD.

Ticker:                      Security ID:  JP3675600005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 30, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital - Reduce Maximum Board Size -
      Authorize Public Announcements in
      Electronic Format - Eliminate Language
      Preveating Classfication of Board
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

NITTO DENKO CORP.

Ticker:                      Security ID:  JP3684000007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 25, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management
5     Approve Deep Discount Stock Option Plan   For       For        Management


--------------------------------------------------------------------------------

NOBEL BIOCARE HOLDING AG

Ticker:                      Security ID:  CH0014030040
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 2.65 per Share
3     Approve Standard Accounting Transfers     For       For        Management
4     Approve Discharge of Board and Senior     For       For        Management
      Management
5.1   Reelect Jane Royston, Rolf Soiron, Michel For       For        Management
      Orsinger, and Ernst Zaengerle as
      Directors
5.2   Elect Antoine Firmenich and Robert Lilja  For       For        Management
      as Directors
5.3   Ratify KPMG Fides Peat as Auditors        For       For        Management
6.1   Change Location of Registered Office to   For       For        Management
      Kloten, Switzerland
6.2   Amend Articles Re: Submission of          For       For        Management
      Shareholder Proposals


--------------------------------------------------------------------------------

NOKIA CORP.

Ticker:       NOK            Security ID:  FI0009000681
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Presentation on Annual Accounts   None      Did Not    Management
                                                          Vote
2     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.33 Per Share                     Vote
4     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Increase Number of Directors from Eight   For       Did Not    Management
      to Ten                                              Vote
7     Reelect Paul Collins, Georg Ehrnrooth,    For       Did Not    Management
      Bengt Holmstroem, Per Karlsson, Jorma               Vote
      Ollila, Marjorie Scardino, Vesa Vainio,
      and Arne Wessberg; Elect Dan Hesse and
      Edouard Michelin as New Directors
8     Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
9     Reelect PricewaterhouseCoopers as         For       Did Not    Management
      Auditors                                            Vote
10    Approve Stock Option Plan for Selected    For       Did Not    Management
      Personnel; Approve Creation of EUR 1.5              Vote
      Million Pool of Conditional Capital to
      Guarantee Conversion Rights
11    Approve Between EUR 10.56 Million and EUR For       Did Not    Management
      13.80 Million Reduction in Share Capital            Vote
      via Share Cancellation
12    Approve Creation of Maximum EUR 53.16     For       Did Not    Management
      Million Pool of Conditional Capital                 Vote
      without Preemptive Rights
13    Authorize Repurchase of Up to 221.60      For       Did Not    Management
      Million Shares (Up to 443.20 Million                Vote
      Shares Subject to Pending Legislation)
14    Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


--------------------------------------------------------------------------------

NOMURA HOLDINGS INC.

Ticker:       NOMUF          Security ID:  JP3762600009
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
2     Approve Executive Stock Option Plan and   For       For        Management
      Deep-Discount Stock Option Plan
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management


--------------------------------------------------------------------------------

NOMURA RESEARCH INSTITUTE

Ticker:                      Security ID:  JP3762800005
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 20,
      Final JY 80, Special JY 0
2     Approve Payment of Annual Bonuses to      For       For        Management
      Directors and Statutory Auditors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Special Payments to Continuing    For       Against    Management
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors
7     Approve Executive Stock Option Plan and   For       Against    Management
      Deep Discount Stock Option Plan


--------------------------------------------------------------------------------

NORDEA BANK AB (FORMERLY NORDEA AB)

Ticker:                      Security ID:  SE0000427361
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:  MAR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Claes Beyer as Chairman of Meeting  For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive Report From              Vote
      Board and President
7     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.28 Per Share                     Vote
9     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
10    Determine Number of Members (11) and      For       Did Not    Management
      Deputy Members (0) of Board                         Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of EUR 220,000  for Chairman, EUR            Vote
      90,000 for Vice Chairman, and EUR 70,000
      for Other Directors Plus EUR 1,000 Per
      Extraordinary Board Meeting And Committee
      Meeting; Approve Remuneration of Auditors
12    Reelect Kjell Aamot, Harald Arnkvaern,    For       Did Not    Management
      Hans Dalborg, Gunnel Duveblad, Birgitta             Vote
      Kantola, Claus Madsen, Lars Nordstroem,
      Joergen Pedersen, Timo Peltola, and Maija
      Torkko as Directors; Elect Anne Lundholt
      as New Director
13    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
14    Amend Corporate Purpose                   For       Did Not    Management
                                                          Vote
15    Approve EUR 55.5 Million Reduction in     For       Did Not    Management
      Share Capital via Share Cancellation                Vote
16    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital For Purposes                Vote
      Other Than Equity Trading
17    Authorize Repurchase of Up to One Percent For       Did Not    Management
      of Issued Share Capital For Equity                  Vote
      Trading Purposes
18    Approve Remuneration Policy And Other     For       Did Not    Management
      Terms of Employment For Executive                   Vote
      Management


--------------------------------------------------------------------------------

NORSK HYDRO ASA

Ticker:       NHY            Security ID:  NO0005052605
Meeting Date: DEC 1, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve NOK 91.5 Million Reduction in     For       For        Management
      Share Capital via Share Cancellation
2     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

NORSK HYDRO ASA

Ticker:       NHY            Security ID:  NO0005052605
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Allocation  For       For        Management
      of Income and Dividends of NOK 20 Per
      Share
2     Receive Information Regarding Guidelines  None      None       Management
      for Remuneration of Executive Management
3     Approve Remuneration of Auditor           For       For        Management
4     Reelect Westye Hoeegh and Reier Soeberg   For       For        Management
      as Members of Nominating Committee
5     Shareholder Proposal: Increase Allocation Against   Against    Shareholder
      of Funds for Research & Development from
      0.5 Percent to 2 Percent of Company's
      Turnover


--------------------------------------------------------------------------------

NORSKE SKOGINDUSTRIER ASA

Ticker:                      Security ID:  NO0004135633
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of NOK 6 Per Share
3     Approve Remuneration of Members of        For       For        Management
      Corporate Assembly in the Amount of NOK
      135,000 for Chairman and NOK 5,200 Per
      Meeting For Other Members
4     Approve Remuneration of Auditors          For       For        Management
5     Amend Articles Re: Renumbering of         For       For        Management
      Articles; Editorial Changes; Removal of
      Gender-Specific Language
6     Reelect Ivar Korsbakken, Idar Kreutzer,   For       For        Management
      Svein Aaser, Kirsten Ideboeen, and Ann
      Brautaset as Members of Corporate
      Assembly; Elect Turid Svenneby as New
      Member and Svein Haare as Deputy Member
      of Corporate Assembly
7     Reelect Idar Kreutzer and Helge Evju as   For       For        Management
      Members of Nominating Committee; Elect
      Gunn Waersted as New Member of Nominating
      Committee
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

NOVARTIS AG

Ticker:       NVS            Security ID:  CH0012005267
Meeting Date: MAR 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.05 per Share
4     Approve CHF 19 Million Reduction in Share For       For        Management
      Capital via Share Cancellation
5     Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital
6.1   Reelect Birgit Breuel as Director         For       For        Management
6.2   Reelect Peter Burckhardt as Director      For       For        Management
6.3   Reelect Alexandre Jetzer as Director      For       For        Management
6.4   Reelect Pierre Landolt as Director        For       For        Management
6.5   Reelect Ulrich Lehner as Director         For       For        Management
7     Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

NOVO NORDISK A/S

Ticker:       NVO            Security ID:  DK0010280817
Meeting Date: MAR 9, 2005    Meeting Type: Annual
Record Date:  FEB 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Receive and Accept Financial Statements   For       For        Management
      and Statutory Reports; Approve
      Remuneration of Directors
3     Approve Allocation of Income              For       For        Management
4.1   Reelect Mads Oevlisen as Director         For       For        Management
4.2   Reelect Sten Scheibye as Director         For       For        Management
4.3   Reelect Kurt Briner as Director           For       For        Management
4.4   Reelect Niels Jacobsen as Director        For       For        Management
4.5   Reelect Kurt Anker Nielsen as Director    For       For        Management
4.6   Reelect Joergen Wedel as Director         For       For        Management
4.7   Elect Henrik Guertler as Director         For       For        Management
4.8   Elect Goeran Ando as Director             For       For        Management
5     Ratify PricewaterhouseCoopers as Auditors For       For        Management
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

NOVOZYMES A/S

Ticker:                      Security ID:  DK0010272129
Meeting Date: MAR 16, 2005   Meeting Type: Annual
Record Date:  FEB 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends of DKK 3.50 Per Share
4     Reelect Paul Petter Aas, Henrik Gurtler,  For       For        Management
      Jerker Hartwall, Kurt Anker Nielsen,
      Walther Thygesen, and Hans Werdelin as
      Directors
5     Ratify PricewaterhouseCoopers as Auditors For       For        Management
6.1   Approve DKK 30 Million Reduction in Share For       For        Management
      Capital via Cancellation of Class B
      Shares
6.2   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

NSK LTD.

Ticker:                      Security ID:  JP3720800006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Executive Stock Option Plan       For       Against    Management
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       Against    Management
2.11  Elect Director                            For       Against    Management
2.12  Elect Director                            For       Against    Management


--------------------------------------------------------------------------------

NTN CORP.

Ticker:                      Security ID:  JP3165600002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.50,
      Final JY 5, Special JY 0
2     Amend Articles to: Abolish Retirement     For       For        Management
      Bonus System
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor and Special
      Payments to Continuing Directors and
      Statutory Auditor in Connection with
      Abolition of Retirement Bonus System


--------------------------------------------------------------------------------

NTT DATA CORP.

Ticker:                      Security ID:  JP3165700000
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 1000,
      Final JY 1000, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Streamline Board Structure in
      Connection with Introduction of Executive
      Officer System
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor
6     Approve Reduction in Aggregate            For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

NTT DOCOMO INC.

Ticker:                      Security ID:  JP3165650007
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 1000,
      Final JY 1000, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Maximum Board Size - Decrease
      Authorized Capital to Reflect Share
      Repurchase - Authorize Public
      Announcements in Electronic Format
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
5     Appoint Internal Statutory Auditor        For       Against    Management
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

NUMICO N.V.(FORMERLY NUTRICIA N.V.)

Ticker:                      Security ID:  NL0000375616
Meeting Date: MAR 18, 2005   Meeting Type: Special
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Acquisition of Mellin S.p.A.      For       For        Management
      (Baby Food Business in Italy)
3.a   Authorize Management Board to Issue       For       For        Management
      6,711,409 Shares in Connection with
      Acquisition of Mellin S.p.A.
3.b   Authorize Management Board to Exclude     For       For        Management
      Preemptive Rights from Issuance Under
      Item 3.a
4     Other Business (Non-Voting)               None      None       Management
5     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

NUMICO N.V.(FORMERLY NUTRICIA N.V.)

Ticker:                      Security ID:  NL0000375616
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Supervisory Board and   None      None       Management
      Executive Board
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Approve Discharge of Executive Board      For       For        Management
3c    Approve Discharge of Supervisory Board    For       For        Management
4     Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
5     Ratify PricewaterhouseCoopers Accountants For       For        Management
      N.V. as Auditors
6     Receive Explanation of Corporate          None      None       Management
      Governance Statement
7     Approve Remuneration of Supervisory Board For       For        Management
8a    Reelect Chris Britton to Executive Board  For       For        Management
8b    Reelect Rudy Mareel to Executive Board    For       For        Management
8c    Reelect Niraj Mehra to Executive Board    For       For        Management
9a    Elect Steven Schuit to Supervisory Board  For       For        Management
9b    Elect Marco Fossati to Supervisory Board  For       For        Management
10a   Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares Up to Ten Percent of
      Issued Share Capital (20 Percent in
      Connection with Merger or Acquisition)
10b   Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 10a
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Other Business (Non-Voting)               None      None       Management
13    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

OBAYASHI CORP.

Ticker:                      Security ID:  JP3190000004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 4, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Maximum  Board Size - Authorize
      Public Announcements in Electronic Format
      - Introduce Executive Officer System
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Payments to Continuing
      Directorsand Statutory Auditors in
      Connection with Abolition of Retirement
      Bounu System
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

OBIC CO LTD.

Ticker:                      Security ID:  JP3173400007
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 50,
      Final JY 60, Special JY 0
2     Amend Articles to: Set Maximum Board Size For       For        Management
      - Reduce Trading Unit
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

OCE NV (FORMERLY OCE VAN DER GRINTEN)

Ticker:       OCENY          Security ID:  NL0000354934
Meeting Date: APR 15, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Supervisory Board       None      None       Management
3     Receive Report of Management Board        None      None       Management
4a    Approve Financial Statements and          For       For        Management
      Statutory Reports
4b    Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.43 Per Share
5a    Approve Discharge of Management Board     For       For        Management
5b    Approve Discharge of Supervisory Board    For       For        Management
6     Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Ordinary and Preference
      Shares up to 50 Percent of Issued Share
      Capital
7     Authorize Board to Limit or Exclude       For       For        Management
      Preemptive Rights from Share Issuance
      Under Item 6
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9     Reelect J. Brentjes and F. de Wit to      For       For        Management
      Supervisory Board
10    Reelect S. Bergsma, J. Boll and L. Traas  For       For        Management
      to Board of Stichting
      Administratiekantoor Preferente Aandelen
      Oce
11    Announcements, Allow Questions, and Close None      None       Management
      Meeting (non-voting)


--------------------------------------------------------------------------------

OCE NV (FORMERLY OCE VAN DER GRINTEN)

Ticker:       OCENY          Security ID:  NL0000354934
Meeting Date: SEP 8, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Remuneration Policy for Board of  For       For        Management
      Executive Directors
3     Amend Articles to Reflect Dutch Corporate For       For        Management
      Governance Code
4     Allow Questions                           None      None       Management


--------------------------------------------------------------------------------

OESTERREICHISCHE ELEKTRIZITAETSWIRTSCHAFTS-AG (VERBUND)

Ticker:                      Security ID:  AT0000746409
Meeting Date: MAR 10, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
4     Ratify Auditors                           For       Did Not    Management
                                                          Vote
5     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

OJI PAPER CO., LTD.

Ticker:                      Security ID:  JP3174410005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6,
      Final JY 6, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor
5     Remove Director From Office               Against   Against    Shareholder


--------------------------------------------------------------------------------

OKI ELECTRIC INDUSTRY CO. LTD.

Ticker:                      Security ID:  JP3194000000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 3, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors
5     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

OLYMPUS CORP. (FORMERLY OLYMPUS OPTICAL)

Ticker:                      Security ID:  JP3201200007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.50,
      Final JY 7.50, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size -  Limit Outside Directors' Legal
      Liability
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

OMRON CORP.

Ticker:                      Security ID:  JP3197800000
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 14, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3     Authorize Share Repurchase Program        For       For        Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       For        Management
6     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

OMV AG

Ticker:       OMVZY          Security ID:  AT0000743059
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve EUR 81.9 Million Capitalization   For       Did Not    Management
      of Reserves Issue                                   Vote
4     Approve 10:1 Stock Split                  For       Did Not    Management
                                                          Vote
5     Amend Articles Re: Supervisory Board      For       Did Not    Management
      Resolutions                                         Vote
6     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
7     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
8     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees                                           Vote
9     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ONESTEEL

Ticker:                      Security ID:  AU000000OST6
Meeting Date: NOV 15, 2004   Meeting Type: Annual
Record Date:  NOV 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2a    Elect E.J. Doyle as Director              For       For        Management
2b    Elect D.E. Meiklejohn as Director         For       For        Management


--------------------------------------------------------------------------------

ONWARD KASHIYAMA CO. LTD.

Ticker:                      Security ID:  JP3203500008
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 20, Special JY 2
2     Amend Articles to: Increase Maximum Board For       For        Management
      Size - Limit Directors' Legal Liability
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Special Bonus for Family of       For       Against    Management
      Deceased Statutory Auditor and Retirement
      Bonuses to Directors and Statutory
      Auditors
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

OPAP (GREEK ORGANISATION OF FOOTBALL PROGNOSTICS SA )

Ticker:                      Security ID:  GRS419003009
Meeting Date: MAY 31, 2005   Meeting Type: Annual
Record Date:  MAY 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Board and Auditors   For       Did Not    Management
      for 2004                                            Vote
4     Approve One Principal and One Substitute  For       Did Not    Management
      Auditor and Authorize Board to Fix Their            Vote
      Remuneration
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Approve Remuneration of Directors Who Are For       Did Not    Management
      Members of Company's Board Committees               Vote
7     Elect Director in Replacement of Resigned For       Did Not    Management
      Board Member                                        Vote
8     Approve Monthly Remuneration of to        For       Did Not    Management
      Company's President for the Period                  Vote
      Between March 23, 2005 to May 31, 2005;
      Determine Monthly Remuneration Starting
      On June 1, 2005
9     Approve Contract Agreement Between New    For       Did Not    Management
      Managing Director and the Company                   Vote
10    Amend Article 5 of Company's Articles of  For       Did Not    Management
      Association Re: Share Capital and                   Vote
      Shareholding Structure
11    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ORACLE CORP.  JAPAN

Ticker:                      Security ID:  JP3689500001
Meeting Date: AUG 25, 2004   Meeting Type: Annual
Record Date:  MAY 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 35,
      Final JY 90, Special JY 0
2     Amend Articles to: Authorize Appointment  For       For        Management
      of Alternate Statutory Auditors -
      Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5.1   Appoint Alternate Statutory Auditor       For       For        Management
5.2   Appoint Alternate Statutory Auditor       For       For        Management
6     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

ORICA LTD. (FORMERLY ICI AUSTRALIA)

Ticker:                      Security ID:  AU000000ORI1
Meeting Date: DEC 15, 2004   Meeting Type: Annual
Record Date:  DEC 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2.1   Elect Donald Mercer as Director           For       For        Management
2.2   Elect Peter Duncan as Director            For       For        Management
2.3   Elect Garry Hounsell as Director          For       For        Management
3.1   Renew Proportional Takeover Provision     For       For        Management
3.2   Amend Constitution                        For       For        Management
4     Approve Release of Shares held by M.      For       For        Management
      Broomhead Under the Senior Executive
      Share Loan Plan


--------------------------------------------------------------------------------

ORIENTAL LAND CO

Ticker:                      Security ID:  JP3198900007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 20, Special JY 0
2     Amend Articles to: Amend Board Size -     For       For        Management
      Abolish Retirement Bonus System
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor, and Special
      Payments to Continuing Directors and
      Auditors in Connection with Abolition of
      Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

ORIX CORP.

Ticker:                      Security ID:  JP3200450009
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Expand Business Lines  For       For        Management
      - Cancel Year-End Closure of Shareholder
      Register and Clarify Board's Authority to
      Vary AGM Record Date
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

ORKLA A/S

Ticker:                      Security ID:  NO0003733800
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income and Ordinary Dividends of NOK 4.50
      per Share and Special Dividends of NOK 5
      per Share
2     Amend Articles Re: Stipulate that General For       For        Management
      Meeting Elect Two to Four Representatives
      to Serve on Nominating Committee with
      Chairman of Corporate Assembly; Specify
      Tasks of Nominating Committee
3     Approve NOK 25.1 Million Reduction in     For       For        Management
      Share Capital via Share Cancellation
4     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital Until Next AGM
5     Approve Creation of NOK 90 Million Pool   For       For        Management
      of Conditional Capital without Preemptive
      Rights
6     Reelect Arnkvaern, Grieg, Lie, Andresen,  For       For        Management
      Aaser, and Kreutzer as Members of
      Corporate Assembly; Elect Sletteberg as
      New Member of Corporate Assembly; Elect
      Venold, Fossum, Hokholt, Roedsaether,
      Hoeegh, and Johnson as Deputy Members of
      Corporate Assembly
7     Elect Rune Selmar and Leiv Askvig as New  For       For        Management
      Members of Nominating Committee
8     Approve Remuneration of Auditors          For       For        Management


--------------------------------------------------------------------------------

OSAKA GAS CO. LTD.

Ticker:                      Security ID:  JP3180400008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Share Repurchase
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

OUTOKUMPU

Ticker:                      Security ID:  FI0009002422
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
1.3   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.4   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.50 Per Share                     Vote
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Fix Number of Directors at Ten; Fix       For       Did Not    Management
      Number of Auditors                                  Vote
1.7   Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
1.8   Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
1.9   Reelect Evert Henkes, Arto Honkaniemi,    For       Did Not    Management
      Jorma Huuhtanen, Ole Johansson, Heimo               Vote
      Karinen, Leena Saarinen, and Soili
      Suonoja  as Directors; Elect Jukka
      Harmala, Juha Lohiniva, and Anna
      Nilsson-Ehle as New Directors
1.10  Reelect PricewaterhouseCoopers Oy as      For       Did Not    Management
      Auditor                                             Vote
2     Shareholder Proposal: Establish Mandatory None      Did Not    Shareholder
      Retirement Age for Directors at 68                  Vote
3     Shareholder Proposal: Establish a         None      Did Not    Shareholder
      Nominating Committee                                Vote
4     Approve Creation of EUR 30.80 Million     For       Did Not    Management
      Pool of Conditional Capital without                 Vote
      Preemptive Rights
5     Authorize Repurchase of Up to Five        For       Did Not    Management
      Percent of Issued Share Capital                     Vote
6     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


--------------------------------------------------------------------------------

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:                      Security ID:  SG1L51001825
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2a1   Reelect Lee Seng Wee as Director          For       For        Management
2a2   Reelect Michael Wong Pakshong as Director For       For        Management
2b1   Reelect David Conner as Director          For       For        Management
2b2   Reelect Tsao Yuan as Director             For       For        Management
2b3   Reelect Wong Nang Jang as Director        For       For        Management
2c1   Reelect Giam Chin Toon as Director        For       For        Management
2c2   Reelect Neo Boon Siong as Director        For       For        Management
3     Declare Final Dividend of SGD 0.19 Per    For       For        Management
      SGD 1.00 Ordinary Stock Unit, Less
      Singapore Income Tax
4     Approve Directors' Fees of SGD 661,000    For       For        Management
      for 2004 (2003: SGD 625,000)
5     Appoint Auditors and Fix Their            For       For        Management
      Remuneration
6a    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
6b    Approve Issuance of Shares and Grant of   For       For        Management
      Options Pursuant to the OCBC Executives
      Share Option Scheme
6c    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the OCBC Share Option
      Scheme
6d    Approve Issuance of Shares and Grants     For       Against    Management
      Pursuant to the OCBC Employee Share
      Purchase Plan
6e    Approve Conversion of Issued Ordinary     For       For        Management
      Shares into Stock Units Transferable in
      Amounts and Multiples of SGD 1.00 Each
6f    Approve Issuance of Preference Shares     For       For        Management
      and/or Non-Voting Shares in the Capital
      of the Bank
7     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:                      Security ID:  SG1L51001825
Meeting Date: MAR 30, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Share Repurchase Program        For       For        Management
2     Amend Articles Re: Capitalisation of      For       For        Management
      Profits or Reserves for the Payment of
      Non-Executive Director Remuneration by
      Way of Ordinary Shares
3     Approve Issue of 14,000 Ordinary Shares   For       For        Management
      to Michael Wong Pakshong, Datuk Fong Weng
      Phak, Tan Sri Dato Nasruddin Bin Bahari,
      Tsao Yuan, David Wong Cheong Fook, Wong
      Nang Jang and Patrick Yeoh Khwai Hoh as
      Non-Executive Directors Remuneration


--------------------------------------------------------------------------------

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:                      Security ID:  SG1L51001825
Meeting Date: MAR 30, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Subdivision of Each Ordinary      For       For        Management
      Share of SGD 1.0 Each in the Capital of
      the Bank into Two Ordinary Shares of SGD
      0.50 Each


--------------------------------------------------------------------------------

OVERSEAS UNION ENTERPRISE LTD.

Ticker:                      Security ID:  SG1N99002122
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare Final Dividend of SGD 0.06 Per    For       For        Management
      Share and Special Dividend of SGD 0.04
      Per Share
3     Approve Directors' Fees of SGD 380,000    For       For        Management
      for 2004 (2003: SGD 435,000)
4a    Reelect Wee Cho Yaw as Director           For       For        Management
4b    Reelect Lim Boon Kheng as Director        For       For        Management
5a    Reelect Wong Hung Khim as Director        For       For        Management
5b    Reelect Kho Piac-Suat as Director         For       For        Management
6     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
7     Other Business (Voting)                   For       Against    Management
8     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights


--------------------------------------------------------------------------------

OYL INDUSTRIES BHD.

Ticker:                      Security ID:  MYL4014OO006
Meeting Date: OCT 18, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
2     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Hong Leong Company
      (Malaysia) Berhad (HLCM) and Persons
      Connected with HLCM
3     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Zainal Abidin bin Raja
      Haji Tachik and Persons Connected with
      Him
4     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Liu Wan Min and Persons
      Connected with Him
5     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Foo Ah Sek @ Foo Chak
      Kuen and Persons Connected with Him
6     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Kwek Leng Beng and
      Persons Connected with Him
7     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Toyota Tsusho
      Corporation (Toyota) and Persons
      Connected with Toyota
8     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with York International
      Corporation (York) and Persons Connected
      with York


--------------------------------------------------------------------------------

OYL INDUSTRIES BHD.

Ticker:                      Security ID:  MYL4014OO006
Meeting Date: OCT 18, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended June
      30, 2004
2     Approve Final Dividend of MYR0.69 Per     For       For        Management
      Share Tax Exempt for the Financial Year
      Ended June 30, 2004
3     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR279,590 for the Financial
      Year Ended June 30, 2004
4a    Elect Quek Leng Chan as Director          For       For        Management
4b    Elect Ho Nyuk Choy as Director            For       For        Management
4c    Elect Lee Soon Kia as Director            For       For        Management
5     Elect Zainal Abidin bin Raja Haji Tachik  For       For        Management
      as Director
6     Approve KPMG as Auditors and Authorize    For       For        Management
      Board to Fix Their Remuneration
7     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital


--------------------------------------------------------------------------------

PAPERLINX LIMITED

Ticker:                      Security ID:  AU000000PPX1
Meeting Date: OCT 26, 2004   Meeting Type: Annual
Record Date:  OCT 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2.a   Elect DE Meiklejohn as Director           For       For        Management
2.b   Elect TP Park as Director                 For       For        Management
2.c   Elect NL Scheinkestel as Director         For       For        Management
3     Approve Stock Option Grants to TP Park    For       For        Management
      and DG Abotomey


--------------------------------------------------------------------------------

PARKWAY HOLDINGS LTD.

Ticker:                      Security ID:  SG1R90002267
Meeting Date: APR 6, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare Final Dividend of SGD 0.045 Per   For       For        Management
      Ordinary Share of SGD 0.25 Each Less Tax
3a    Reelect Anil Thadani as Director          For       Against    Management
3b    Reelect Lim Cheok Peng as Director        For       For        Management
3c    Reelect Chang See Hiang as Director       For       For        Management
4     Reelect Prathap C Reddy as Director       For       For        Management
5     Approve Directors' Fees of SGD 630,000    For       For        Management
      for 2004 (2003: SGD 550,000)
6     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
7a    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
7b    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Parkway Share
      Option Scheme 2001
7c    Authorize Share Repurchase Program        For       For        Management
8     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

PATRICK CORPORATION LTD.  (FRMRLY. LANG CORPORATION)

Ticker:                      Security ID:  AU000000PRK4
Meeting Date: FEB 3, 2005    Meeting Type: Annual
Record Date:  FEB 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2a    Elect Edwin John Cloney as Director       For       For        Management
2b    Elect Maurice James as Director           For       For        Management


--------------------------------------------------------------------------------

PCCW LTD (FORMERLY PACIFIC CENTURY CYBERWORKS, LTD.)

Ticker:                      Security ID:  HK0008011667
Meeting Date: MAR 16, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in Authorized Capital    For       For        Management
      from HK$1.6 Billion to HK$2.5 Billion by
      the Creation of 3.6 Billion New Ordinary
      Shares, Subscription Agreement on Issue
      of 1.3 Billion New Ordinary Shares at
      HK$5.9 Per Share and Granting of
      Anti-Dilution Rights


--------------------------------------------------------------------------------

PCCW LTD (FORMERLY PACIFIC CENTURY CYBERWORKS, LTD.)

Ticker:                      Security ID:  HK0008011667
Meeting Date: MAY 23, 2005   Meeting Type: Annual
Record Date:  MAY 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.096 Per    For       For        Management
      Share
3a    Reelect Zhang Chunjiang as Director       For       For        Management
3b    Reelect Tian Suning as Director           For       For        Management
3c    Reelect Fan Xingcha as Director           For       For        Management
3d    Reelect Yuen Tin Fan, Francis as Director For       For        Management
3e    Reelect Chang Hsin-kang as Director       For       For        Management
3f    Reelect Fung Kwok King, Victor as         For       For        Management
      Director
3g    Reelect Raymond George Hardenbergh Seitz  For       For        Management
      as Director
3h    Authorize Board to Fix the Remuneration   For       For        Management
      of Directors
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Approve Issuance of Shares Pursuant to    For       Against    Management
      the Share Option Scheme
9     Adopt New Share Option Scheme of Pacific  For       Against    Management
      Century Premium Developments Ltd.
10    Amend Articles Re: Board Committees       For       For        Management


--------------------------------------------------------------------------------

PEARSON PLC

Ticker:       PSO            Security ID:  GB0006776081
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 15.7 Pence Per  For       For        Management
      Ordinary Share
3     Re-elect Marjorie Scardino as Director    For       For        Management
4     Re-elect Rona Fairhead as Director        For       For        Management
5     Re-elect Patrick Cescau as Director       For       For        Management
6     Re-elect Reuben Mark as Director          For       For        Management
7     Re-elect Vernon Sankey as Director        For       For        Management
8     Re-elect Susan Fuhrman as Director        For       For        Management
9     Approve Remuneration Report               For       For        Management
10    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 66,955,000
13    Approve Increase in Authorised Capital    For       For        Management
      from GBP 295,500,000 to GBP 296,500,000
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 10,040,000
15    Authorise 80,000,000 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

PENINSULAR & ORIENTAL STEAM NAVIGATION CO. (P&O)

Ticker:                      Security ID:  GB0006800485
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 6.0 Pence Per   For       For        Management
      Share
4     Elect Sir John Parker as Director         For       For        Management
5     Re-elect Robert Woods as Director         For       For        Management
6     Re-elect Michael Gradon as Director       For       For        Management
7     Re-elect Nick Luff as Director            For       For        Management
8     Elect David Williams as Director          For       For        Management
9     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 37,000,000
12    Authorise 37,000,000 Deferred Stock for   For       For        Management
      Market Purchase
13    Approve P & O Performance Share Plan      For       For        Management
14    Approve P & O 2005 Matching Share Plan    For       For        Management


--------------------------------------------------------------------------------

PERNOD RICARD

Ticker:                      Security ID:  FR0000120693
Meeting Date: JUN 30, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Allied Domecq B    For       For        Management
      Shares in the Aggregate Amount of EUR
      2.05 Billion Pending Approval of Scheme
      of Arrangement
2     Authorize Issuance of 17.7 Million Pernod For       For        Management
      Ricard Shares in Connection with
      Acquisition of Allied Domecq B Shares
3     Amend Articles to Reflect Changes in      For       For        Management
      Capital
4     Mandate Chairman/CEO to Confirm Execution For       For        Management
      of Approved Resolutions
5     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

PERSIMMON PLC

Ticker:                      Security ID:  GB0006825383
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 27.5 Pence Per  For       For        Management
      Ordinary Share
3     Re-elect Duncan Davidson as Director      For       For        Management
4     Re-elect Michael Killoran as Director     For       For        Management
5     Re-elect John Millar as Director          For       For        Management
6     Re-elect Sir Chips Keswick as Director    For       Against    Management
7     Re-elect Hamish Melville as Director      For       For        Management
8     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
9     Approve Remuneration Report               For       For        Management
10    Authorise 28,911,176 Ordinary Shares for  For       For        Management
      Market Purchase
11    Amend Articles of Association Re:         For       For        Management
      Electronic Communications, CREST and
      Indemnification of Directors and Auditors


--------------------------------------------------------------------------------

PETROCHINA COMPANY LIMITED

Ticker:                      Security ID:  CN0009365379
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Final Dividend                    For       For        Management
5     Authorize Board to Determine the          For       For        Management
      Distribution of Interim Dividend for 2005
6     Appoint PricewaterhouseCoopers, Certified For       For        Management
      Public Accountants as International
      Auditors and PricewaterhouseCoopers Zhong
      Tian CPAs Co. Ltd., Certified Public
      Accountants as Domestic Auditors and
      Authorize Board to Fix Their Remuneration
7     Amend Articles Re: Editing Changes,       For       For        Management
      Reports Available to Shareholders, Voting
      at Meetings, Nomination of Directors,
      Releasing of Notices of Meetings,
      Material Interest of Directors in
      Contracts Entered into by the Company
8     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
9     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

PEUGEOT S.A.

Ticker:                      Security ID:  FR0000121501
Meeting Date: MAY 25, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.35 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Marie-Helene Roncoroni as         For       For        Management
      Supervisory Board Member
6     Reelect Pierre Banzet as Supervisory      For       For        Management
      Board Member
7     Reelect Jean-Louis Masurel as Supervisory For       For        Management
      Board Member
8     Reelect Jean-Paul Parayre as Supervisory  For       For        Management
      Board Member
9     Ratify Pricewaterhousecoopers Audit S.A   For       For        Management
      as Auditor
10    Ratify Yves Nicolas as Alternate Auditor  For       For        Management
11    Ratify Mazars & Guerard as Auditor        For       For        Management
12    Ratify Patrick de Cambourg Alternate      For       For        Management
      Auditor
13    Authorize Repurchase of Up to 24 Million  For       For        Management
      Peugeot Shares
14    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 156.89 Million
15    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 156.89 Million
16    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
17    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
18    Amend Articles Board Related Re: Powers   For       For        Management
      of Management Board


--------------------------------------------------------------------------------

PHILIPS ELECTRONICS NV

Ticker:       VLSI           Security ID:  NL0000009538
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2.a   Approve Financial Statements and          For       For        Management
      Statutory Reports
2.b   Receive Explanation on Dividend and       None      None       Management
      Reserve Policy (Non-Voting)
2.c   Approve Dividend of EUR 0.40 ($0.52) Per  For       For        Management
      Common Share
2.d   Approve Discharge of Management Board     For       For        Management
2.e   Approve Discharge of Supervisory Board    For       For        Management
3.a   Discussion of Corporate Governance        None      None       Management
      Structure (Non-Voting)
3.b   Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
4     Ratify KPMG Accountants NV as Auditors    For       For        Management
5.a   Reelect G. Kleisterlee as President and   For       For        Management
      CEO and Member of Management Board
5.b   Elect P. Sivignon to Management Board     For       For        Management
6.a   Reelect L. Schweitzer to Supervisory      For       For        Management
      Board
6.b   Elect N. Wong to Supervisory Board        For       For        Management
6.c   Elect J. Schiro to Supervisory Board      For       For        Management
7     Approve Remuneration of Supervisory Board For       For        Management
8     Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares up to 10% (20% in
      Connection with Merger or Acquisition) of
      Issued Shares Restricting/Excluding
      Preemptive Rights
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Other Business (Non-Voting)               None      None       Management
11    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

PICC PROPERTY AND CASUALTY COMPANY LTD

Ticker:                      Security ID:  CN0005531867
Meeting Date: APR 29, 2005   Meeting Type: Special
Record Date:  MAR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Luk Kin Yu, Peter as an Independent For       For        Management
      Non-Executive Director


--------------------------------------------------------------------------------

PICC PROPERTY AND CASUALTY COMPANY LTD

Ticker:                      Security ID:  CN0005531867
Meeting Date: JUN 15, 2005   Meeting Type: Annual
Record Date:  MAY 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Directors            For       Did Not    Management
                                                          Vote
2     Accept Report of the Supervisory          For       Did Not    Management
      Committee                                           Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Profit Distribution Plan and      For       Did Not    Management
      Dividend Recommendation for 2004                    Vote
5     Reappoint Ernst & Young as International  For       Did Not    Management
      Auditors and Ernst & Young Hua Ming as              Vote
      Domestic Auditors and Authorize Board to
      Fix Their Remuneration
6     Approve Remuneration of Directors and     For       Did Not    Management
      Supervisors                                         Vote
7     Approve Issuance of H Shares without      For       Did Not    Management
      Preemptive Rights                                   Vote


--------------------------------------------------------------------------------

PILKINGTON PLC

Ticker:                      Security ID:  GB0006884620
Meeting Date: JUL 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 3.25 Pence Per  For       For        Management
      Ordinary Share
4     Elect Christine Morin-Postel as Director  For       For        Management
5     Re-elect Stuart Chambers as Director      For       For        Management
6     Re-elect James Leng as Director           For       For        Management
7     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 31,867,236
10    Authorise 127,468,944 Ordinary Shares for For       For        Management
      Market Purchase
11    Amend The Pilkington Senior Executives'   For       For        Management
      Share Option Scheme and The Pilkington
      Senior Executives' No. 2 Share Option
      Scheme


--------------------------------------------------------------------------------

PINAULT-PRINTEMPS-REDOUTE

Ticker:                      Security ID:  FR0000121485
Meeting Date: MAY 19, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2.52 per Share
5     Approve Accounting Transfer from Special  For       For        Management
      Long-Term Capital Gains Account to
      Ordinary Reserve Account
6     Confirm Name Change of Auditor to         For       For        Management
      Deloitte & Associes
7     Ratify Societe BEAS as Alternate Auditor  For       For        Management
8     Change Company Name to PPR; Amend         For       For        Management
      Articles Accordingly
9     Adopt Unitary Board Structure             For       For        Management
10    Adopt New Articles of Asscociation        For       For        Management
11    Elect Francois-Henri Pinault as Director  For       For        Management
12    Elect Patricia Barbizet as Director       For       Against    Management
13    Elect Rene Barbier de la Serre as         For       For        Management
      Director
14    Elect Pierre Bellon as Director           For       For        Management
15    Elect Allan Chapin as Director            For       For        Management
16    Elect Luca Cordero di Montezemolo as      For       For        Management
      Director
17    Elect Anthony Hamilton as Director        For       For        Management
18    Elect Philippe Lagayette as Director      For       For        Management
19    Elect Baudouin Prot as Director           For       For        Management
20    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 570,000
21    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
22    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
23    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million; Authorize Issuance of
      Securities Convertible into Debt
24    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 200 Million; Authorize
      Issuance of Securities Convertible Into
      Debt
25    Authorize Capitalization of Reserves for  For       For        Management
      Bonus Issue or Increase in Par Value
26    Authorize Board to Set Issue Price for Up For       Against    Management
      to Ten Percent of Capital Increase
      Without Preemptive Rights
27    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      6 Billion
28    Authorize Capital Increase of Up to Ten   For       Against    Management
      Percent of Issued Capital for Future
      Acquisitions
29    Approve Stock Option Plan Grants          For       Against    Management
30    Authorize Up to 0.5 Percent of Issued     For       Against    Management
      Capital For Use in Restricted Stock Plan
31    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
32    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

PING AN INSURANCE (GROUP) CO. OF CHINA, LTD.

Ticker:                      Security ID:  CN000A0CBBB1
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAY 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Profit Distribution Plan and      For       For        Management
      Recommendation for Dividend for the Year
      Ended December 31, 2004
5     Reappoint Ernst & Young Hua Ming as PRC   For       For        Management
      Auditors and Ernst & Young as
      International Auditors and Authorize
      Board to Fix Their Remuneration
6     Elect Chen Hongbo as Non-Executive        For       For        Management
      Director
7     Elect Chow Wing King, Anthony as          For       For        Management
      Independent Non-Executive Director
8     Approve Increase of Annual Fees of Each   For       For        Management
      Domestic Independent Non-Executive
      Director from RMB60,000 to RMB150,000 and
      Annual Fees of Each Foreign Independent
      Non-Executive Director from RMB200,000 to
      RMB300,000
9     Approve Increase of Annual Fees of        For       For        Management
      Independent Supervisors from RMB40,000 to
      RMB60,000 for Each Independent Supervisor
      and Annual Fees for Chairman of
      Supervisory Committee from RMB200,000 to
      RMB250,000
10    Approve Adjustment to the Investment      For       For        Management
      Limits of the Board of Directors
11    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
12    Amend Articles Re: Business Scope of the  For       For        Management
      Company, Issuance of Shares, Composition
      of the Board, Convening Board and
      Extraordinary Meetings, Issuance of
      Interim Dividends


--------------------------------------------------------------------------------

PIONEER CORPORATION

Ticker:       PIO            Security ID:  JP3780200006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12.5,
      Final JY 12.5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
3     Approve Retirement Bonus for Director     For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

PIRELLI & COMPANY

Ticker:                      Security ID:  IT0000072725
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Statutory   For       Did Not    Management
      Reports, and Allocation of Income                   Vote
2.1   Fix Number of Directors                   None      Did Not    Management
                                                          Vote
2.2.A Elect Directors - Majority Slate          None      Did Not    Management
                                                          Vote
2.2.B Elect Directors - Minority Slate          None      Did Not    Management
                                                          Vote
2.3   Set Directors' Term in Office             None      Did Not    Management
                                                          Vote
2.4   Determine Directors' Remuneration         None      Did Not    Management
                                                          Vote
3     Approve Remuneration of Members of the    For       Did Not    Management
      Controlling Board Constituted According             Vote
      to the June 8, 2001, Law n.231
4     Elect External Auditors for the           For       Did Not    Management
      Three-Year Term 2005-2007; Fix Auditors'            Vote
      Remuneration
5     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares; Cancel            Vote
      previously Approved Resolution


--------------------------------------------------------------------------------

PIRELLI & COMPANY

Ticker:                      Security ID:  IT0000072725
Meeting Date: JAN 20, 2005   Meeting Type: Special
Record Date:  JAN 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Two Directors and/or Reduce Total   For       For        Management
      Number of Directors on the Board
1     Authorize Rights Issuance of Up To 1.54   For       For        Management
      Billion New Ordinary Shares To Be Offered
      to Current Holders of Ordinary and Saving
      Shares On the Basis of a 2:5 Ratio; Amend
      Article of Association Accordingly


--------------------------------------------------------------------------------

PLUS EXPRESSWAYS BHD

Ticker:                      Security ID:  MYL5052OO005
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve Final Tax Exempt Dividend of MYR  For       For        Management
      0.04 Per Share for the Financial Year
      Ended Dec. 31, 2004
3     Elect Razali Ismail as Director           For       For        Management
4     Elect K. Ravindran s/o C. Kutty Krishnan  For       For        Management
      as Director
5     Elect Ahmad Pardas Senin as Director      For       For        Management
6     Elect Abdul Aziz Ungku Abdul Hamid as     For       For        Management
      Director
7     Elect Geh Cheng Hooi as Director          For       For        Management
8     Approve Remuneration of Directors for the For       For        Management
      Financial Year Ended Dec. 31, 2004
9     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
10    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
11    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions as Set Out in Section 2.2 of
      the Circular to Shareholders of the
      Company Dated April 25, 2005
12    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions as Set Out in Section 2.3 of
      the Circular to Shareholders of the
      Company Dated April 25, 2005
13    Amend Article 70(1) of the Articles of    For       For        Management
      Association Re: Members' Rights in
      Relation to the Appointment of Proxies in
      Any General Meeting Convened by the
      Company


--------------------------------------------------------------------------------

PORTUGAL TELECOM, SGPS, S.A.

Ticker:       PT             Security ID:  PTPTC0AM0009
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
4     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
5     Authorize Repurchase of Shares and        For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
      Acquisition in Connection with the Share
      Buy Back Program
6     Amend Art. 13 in Accordance with          For       Did Not    Management
      Corporate Governance Recommendations                Vote
7     Approve EUR 116.6 Million Reduction in    For       Did Not    Management
      Share Capital via  Cancellation of 116.6            Vote
      Million Shares
8     Authorize Issuance of Convertible Bonds   For       Did Not    Management
      without Preemptive Rights                           Vote
9     Eliminate Preemptive Rights in Connection For       Did Not    Management
      with Proposed Issuance of Convertible               Vote
      Bonds
10    Authorize Issuance of Bonds and Other     For       Did Not    Management
      Securities                                          Vote
11    Approve Bond Repurchase and Reissuance    For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

PROMISE CO LTD.

Ticker:                      Security ID:  JP3833750007
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 50,
      Final JY 50, Special JY 5
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Statutory  For       For        Management
      Auditors


--------------------------------------------------------------------------------

PROSIEBENSAT.1 MEDIA AG (FRMLY PROSIEBEN MEDIA AG)

Ticker:                      Security ID:  DE0007771172
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.30 per Bearer Share              Vote
      and EUR 0.28 per Registered Share
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft as Auditors for               Vote
      Fiscal 2005
6     Elect Josh Steiner to the Supervisory     For       Did Not    Management
      Board                                               Vote
7     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
8     Approve Affiliation Agreements with       For       Did Not    Management
      Subsidiaries                                        Vote


--------------------------------------------------------------------------------

PROTON HOLDINGS BHD (FRMLY (PERUSAHAAN OTOMOBIL NASIONAL BER

Ticker:                      Security ID:  MYL5304OO000
Meeting Date: SEP 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Mar.
      31, 2004
2     Elect Abu Hassan Bin Kendut as Director   For       For        Management
3     Elect Mahaleel Bin Tengku Ariff as        For       For        Management
      Director
4     Elect Haji Abdul Majid Bin Haji Hussein   For       For        Management
      as Director
5     Elect Abdul Jabbar Bin Abdul Majid as     For       For        Management
      Director
6     Elect A. Razak Bin Ramli as Director      For       Against    Management
7     Elect Mohamed Daud Bin Abu Bakar as       For       For        Management
      Director
8     Elect Md Ali Bin Md Dewal as Director     For       For        Management
9     Elect Badrul Feisal Bin Abdul Rahim as    For       For        Management
      Director
10    Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration


--------------------------------------------------------------------------------

PRUDENTIAL PLC (FRM.PRUDENTIAL CORPORATION PLC )

Ticker:       PUK            Security ID:  GB0007099541
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect Clark Manning as Director        For       For        Management
4     Re-elect Roberto Mendoza as Director      For       For        Management
5     Re-elect Mark Wood as Director            For       For        Management
6     Elect James Ross as Director              For       For        Management
7     Elect Michael Garett as Director          For       For        Management
8     Elect Keki Dadiseth as Director           For       For        Management
9     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
10    Approve Final Dividend of 10.65 Pence Per For       For        Management
      Ordinary Share
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 31,220,000
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,900,000
13    Authorise 237,000,000 Ordinary Shares for For       For        Management
      Market Purchase
14    Amend Articles of Association Re:         For       For        Management
      Adoption of International Accounting
      Standards; Treasury Shares


--------------------------------------------------------------------------------

PT MULTIMEDIA SERVICOS DE TELECOMUNICACOES E MULTIMEDIA SGPS

Ticker:                      Security ID:  PTPTM0AM0008
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports for Fiscal  Year Ended Dec. 31,             Vote
      2004
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports  for Fiscal Year              Vote
      Ended Dec. 31, 2004
3     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
4     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
5     Elect Chairman of the Meeting             For       Did Not    Management
                                                          Vote
6     Ratify Appointment of Director to         For       Did Not    Management
      Management Board                                    Vote
7     Authorize Repurchase of Shares            For       Did Not    Management
                                                          Vote
8     Amend Articles 4, 7 and 12                For       Did Not    Management
                                                          Vote
9     Authorize Share Buy Back Program and      For       Did Not    Management
      Reduction in Capital of Up to EUR 7.8               Vote
      Million
10    Approve Bond Repurchase and Reissuance    For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

PTT EXPLORATION & PRODUCTION

Ticker:                      Security ID:  TH0355010Z16
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income and Dividend For       For        Management
      of Baht 9 per Share
4     Elect Directors                           For       For        Management
5     Approve Remuneration of Directors         For       For        Management
6     Approve Auditor General as Auditors and   For       For        Management
      Authorize Board to Fix Their Remuneration
7     Approve the Principle for the Company to  For       For        Management
      Provide Directors Protection Against
      Liability Claim
8     Approve Issuance of 2.8 Million Units of  For       For        Management
      Warrants to Directors, Employees, and
      Advisors of the Company
9     Approve the Issuance of 2.8 Million       For       For        Management
      Shares Reserved Exclusively for the
      Conversion of Warrants
10    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

PTT PUBLIC COMPANY

Ticker:                      Security ID:  TH0646010015
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income and Dividend For       For        Management
      of Baht 6.75 per Share
4     Elect Directors                           For       For        Management
5     Approve Remuneration of Directors         For       For        Management
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Amend Articles of Association Re: Company For       For        Management
      Seal
8     Approve the 5-Year Financing Plan of PTT  For       For        Management
      Public Co
9     Approve Issuance of 40 Million Units of   For       For        Management
      Warrants to Directors, Employees, and
      Advisors of the Company
10    Approve Reduction in Registered Capital   For       For        Management
      to Baht 27.97 Billion
11    Approve Increase in Registered Capital to For       For        Management
      Baht 28.37 Billion
12    Approve Allocation of 40 Million New      For       For        Management
      Ordinary Shares Reserved for the Exercise
      of Warrants
13    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

PTT PUBLIC COMPANY

Ticker:                      Security ID:  TH0646010015
Meeting Date: SEP 24, 2004   Meeting Type: Special
Record Date:  SEP 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve Shares Purchasing of Rayong       For       For        Management
      Refinery Co, Ltd
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

PUBLIC BANK BERHAD

Ticker:                      Security ID:  MYF1295O1009
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve Final Dividend of 35 Percent Less For       For        Management
      28 Percent Income Tax and Special
      Dividend of 15 Percent Less 28 Percent
      Income Tax for the Financial Year Ended
      Dec. 31, 2004
3     Elect Lee Kong Lam as Director            For       For        Management
4     Elect Yeoh Chin Kee as Director           For       For        Management
5     Elect Lee Chin Guan as Director           For       For        Management
6     Elect Teh Hong Piow as Director           For       For        Management
7     Elect Thong Yaw Hong as Director          For       For        Management
8     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR725,000 for the Financial
      Year Ended Dec. 31, 2004
9     Approve KPMG as Auditors and Authorize    For       For        Management
      Board to Fix Their Remuneration
10    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital


--------------------------------------------------------------------------------

PUBLIC BANK BERHAD

Ticker:                      Security ID:  MYF1295O1009
Meeting Date: MAR 30, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in Authorized Share      For       For        Management
      Capital from MYR5 Billion Comprising 5
      Billion Ordinary Shares of MYR1.00 Each
      to MYR10 Billion Comprising 10 Billion
      Ordinary Shares of MYR1.00 Each
2     Approve Extension of the Duration of the  For       Against    Management
      Public Bank Bhd Employees' Share Option
      Scheme for a Period of Two Years from
      Feb. 25, 2006 to Feb. 25, 2008
3     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions
4     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
1     Amend the Capital Clause of the           For       For        Management
      Memorandum of Association in the Manner
      as Set Out in Section 1.2(a), Part A of
      the Circular to Shareholders Dated Mar.
      8, 2005
2     Amend Article 3 of the Articles of        For       Against    Management
      Association in the Manner as Set Out in
      Section 1.2(b), Part A of the Circular to
      Shareholders Dated Mar. 8, 2005


--------------------------------------------------------------------------------

PUBLICIS GROUPE

Ticker:                      Security ID:  FR0000130577
Meeting Date: JUN 1, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.30 per Share
4     Approve Discharge of Management Board     For       For        Management
5     Approve Discharge of Supervisory Board    For       For        Management
6     Approve Remuneration of Supervisory Board For       For        Management
      Members in the Aggregate Amount of EUR
      5,000 per Board Meeting and EUR 5,000 per
      Committee Meeting
7     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
8     Reelect Simon Badinter as Supervisory     For       For        Management
      Board Member
9     Ratify Appointment of Tateo Mataki as     For       For        Management
      Supervisory Board Member
10    Ratify Mazars et Guerard as Auditor       For       For        Management
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Cancel Debt Issuance Authority Submitted  For       For        Management
      to Shareholder Vote on Jan. 9, 2002
13    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 40 Million; Authorize Issuance of
      Securities Convertible into Debt
14    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 40 Million; Authorize
      Issuance of Securities Convertible into
      Debt
15    Authorize Board to Set Issue Price for    For       Against    Management
      Capital Increase of Up to Ten Percent
      Without Preemptive Rights
16    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 40 Million for Bonus Issue or
      Increase in Par Value
17    Authorize Capital Increase of Up to EUR   For       Against    Management
      40 Million for Future Exchange Offers
18    Authorize Capital Increase of Up to Ten   For       Against    Management
      Percent of Issued Capital for Future
      Acquisitions
19    Authorize Board to Increase Capital in    For       Against    Management
      the Event that Demand Exceeds Amounts
      Proposed Above
20    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
21    Approve Stock Option Plan Grants          For       Against    Management
22    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      40 Million
23    Authorize Up to Ten Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
24    Allow Board to Issue Shares in the Event  For       Against    Management
      of a Public Tender Offer or Share
      Exchange Offer
25    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
26    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

PUMA AG RUDOLF DASSLER SPORT

Ticker:       PMMRY          Security ID:  DE0006969603
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.00 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
5     Ratify PricewaterhouseCoopers GmbH as     For       Did Not    Management
      Auditors                                            Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
7     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees; Approve Creation of EUR 2.4              Vote
      Million Pool of Conditional Capital to
      Guarantee Conversion Rights
8     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
9     Amend Articles Re: Designate Electronic   For       Did Not    Management
      Publications for Meeting Announcements              Vote
      and Invitation to Shareholder Meetings


--------------------------------------------------------------------------------

QBE INSURANCE GROUP LTD.

Ticker:                      Security ID:  AU000000QBE9
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:  APR 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          For       For        Management
      Statutory Reports
2     Elect C. L. A. Irby as Director           For       For        Management
3     Approve Grant of a Maximum of 46,000      For       For        Management
      Conditional Rights and a Maximum of
      122,000 Options to F. M. O'Halloran,
      Chief Executive Officer


--------------------------------------------------------------------------------

RANK GROUP PLC (THE)

Ticker:       RANKY          Security ID:  GB0007240764
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 9.8 Pence Per   For       For        Management
      Share
4     Elect Richard Greenhalgh as Director      For       For        Management
5     Elect Brendan O'Neill as Director         For       For        Management
6     Elect David Boden as Director             For       For        Management
7     Re-elect Oliver Stocken as Director       For       For        Management
8     Re-elect Mike Smith as Director           For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Approve Rank Group 2005 Share Savings     For       For        Management
      Scheme
12    Approve Rank Group 2005 Long-Term         For       For        Management
      Incentive Plan
13    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 500,000
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 22,600,000
15    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,120,000
16    Authorise 93,610,000 Shares for Market    For       For        Management
      Purchase
17    Approve Scrip Dividend Program            For       For        Management


--------------------------------------------------------------------------------

RAS (RIUNIONE ADRIATICA DI SICURTA)

Ticker:                      Security ID:  IT0000062825
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Fix Number of Directors on the Board;     For       For        Management
      Elect Directors;  Determine Directors'
      Term and Remuneration
3     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
1     Amend Articles 7, 31, and 32 of the       For       For        Management
      Bylaws
2     Authorize Board to Issue Shares Without   For       Against    Management
      Preemptive Rights; Authorize Board to
      Issue Bonds


--------------------------------------------------------------------------------

RECKITT BENCKISER PLC (FORMERLY RECKITT & COLMAN PLC )

Ticker:                      Security ID:  GB0007278715
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 18 Pence Per    For       For        Management
      Share
4     Re-elect Adrian Bellamy as Director       For       For        Management
5     Re-elect George Greener as Director       For       For        Management
6     Elect Graham Mackay as Director           For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 25,438,000
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,815,000
10    Authorise 72,500,000 Shares for Market    For       For        Management
      Purchase
11    Approve Reckitt Benckiser 2005            For       For        Management
      Savings-Related Share Option Plan
12    Approve Reckitt Benckiser 2005 Global     For       For        Management
      Stock Profit Plan
13    Approve Reckitt Benckiser 2005 USA        For       For        Management
      Savings-Related Share Option Plan
14    Amend Reckitt Benckiser Senior Executive  For       For        Management
      Share Ownership Policy Plan


--------------------------------------------------------------------------------

REED ELSEVIER NV (FORMERLY ELSEVIER NV)

Ticker:       ELNVY          Security ID:  NL0000349488
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Executive Board         None      None       Management
3     Approve Financial Statements and          For       For        Management
      Statutory Reports
4     Discussion about Company's Corporate      None      None       Management
      Governance Structure
5     Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Executive Board
      Members
6a    Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
6b    Approve Allocation of Income and Total    For       For        Management
      Dividend of EUR 0.33 Per Share
7     Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
8a    Approve Discharge of Executive Board      For       For        Management
8b    Approve Discharge of Supervisory Board    For       For        Management
9     Ratify Deloitte Accountants B.V. as       For       For        Management
      Auditors
10a   Elect Jan Hommen to Supervisory Board     For       For        Management
10b   Elect Strauss Zelnick to Supervisory      For       For        Management
      Board
11a   Elect Erik Engstrom to Executive Board    For       For        Management
11b   Reelect Mark Armour to Executive Board    For       For        Management
11c   Reelect Sir Crispin Davis to Executive    For       For        Management
      Board
11d   Reelect Andrew Prozes to Executive Board  For       For        Management
12    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
13a   Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares Up to 10 Percent of
      Issued Share Capital
13b   Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 13a
14    Other Business (Non-Voting)               None      None       Management
15    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

REED ELSEVIER PLC(FORMERLY REED INTERNATIONAL PLC)

Ticker:                      Security ID:  GB0007308355
Meeting Date: APR 27, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Strauss Zelnick as Director         For       For        Management


--------------------------------------------------------------------------------

REED ELSEVIER PLC(FORMERLY REED INTERNATIONAL PLC)

Ticker:                      Security ID:  GB0007308355
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       Against    Management
3     Approve Final Dividend of 9.6 Pence Per   For       For        Management
      Share
4     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
5     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
6     Elect Jan Hommen as Director              For       For        Management
7     Elect Erik Engstrom as Director           For       For        Management
8     Re-elect Mark Armour as Director          For       Against    Management
9     Re-elect Sir Crispin Davis as Director    For       Against    Management
10    Re-elect Andrew Prozes as Director        For       For        Management
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 24,700,000
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,900,000
13    Authorise 127,000,000 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

RENAULT

Ticker:                      Security ID:  FR0000131906
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.80 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Dominique de la Garanderie as     For       For        Management
      Director
6     Reelect Itaru Koeda as Director           For       For        Management
7     Reelect Louis Schweitzer as Director      For       For        Management
8     Approve Discharge of Pierre Alanche       For       For        Management
9     Acknowledge Auditor Report Re:            For       For        Management
      Renumeration of Equity Loans
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
11    Authorize Issuance of Bonds/Debentures in For       For        Management
      the Aggregate Value of EUR 4 Billion
12    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares in
      Item 10 and to Amend Article of
      Association Accordingly
13    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 500 Million
14    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 300 Million
15    Authorize Capital Increase of Up to EUR   For       For        Management
      300 Million for Future Exchange Offers or
      Acquisitions
16    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      500 Million
17    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 1 Billion for Bonus Issue or
      Increase in Par Value
18    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
19    Amend Articles of Association to Increase For       For        Management
      Shareholding Disclosure Threshold to Two
      Percent
20    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

RENTOKIL INITIAL PLC(FORMERLY RENTOKIL GROUP PLC )

Ticker:                      Security ID:  GB0007327124
Meeting Date: MAY 26, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement; Reduction  For       For        Management
      and Increase of Issued Share Cap.; Issue
      of Equity with Pre-emp. Rights up to GBP
      18.15M; Amend Articles of Association;
      Reduction of Cap. of Rentokil Initial
      2005 plc; Change Name to Rentokil Initial
      1927 plc


--------------------------------------------------------------------------------

RENTOKIL INITIAL PLC(FORMERLY RENTOKIL GROUP PLC )

Ticker:                      Security ID:  GB0007327124
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 4.78 Pence Per  For       For        Management
      Share
4.1   Re-elect Brian McGowan as Director        For       For        Management
4.2   Re-elect Ian Harley as Director           For       For        Management
5     Elect Douglas Flynn as Director           For       For        Management
6     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
7     Authorise 79,095,811 Ordinary Shares for  For       For        Management
      Market Purchase
8     Transact Other Business (Non-Voting)      None      None       Management


--------------------------------------------------------------------------------

RENTOKIL INITIAL PLC(FORMERLY RENTOKIL GROUP PLC )

Ticker:                      Security ID:  GB0007327124
Meeting Date: MAY 26, 2005   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement             For       For        Management


--------------------------------------------------------------------------------

REPSOL YPF SA (FORMERLY REPSOL, S.A.)

Ticker:       REP            Security ID:  ES0173516115
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Allocation  For       For        Management
      of Income, and Discharge Directors for
      Fiscal Year Ended 12-31-04
2     Present Amendments of the Board           For       For        Management
      Governance Guidelines
3     Amend Articles 40, 47, and 38 of The      For       For        Management
      Bylaws and Amend Chapter 2, Title 4 of
      the Board Governance Guidelines
4     Elect Directors                           For       For        Management
5     Approve Auditors for Company and          For       For        Management
      Consolidated Group
6     Authorize Share Repurchase Program        For       For        Management
7     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
8     Authorize Issuance of Convertible and     For       For        Management
      Non-convertible Bonds without Preemptive
      Rights
9     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

RESONA HOLDINGS, INC.(FORMERLY DAIWA BANK HOLDINGS)

Ticker:                      Security ID:  JP3500610005
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Remove Prohibition on  For       For        Management
      Reverse Split of Preferred Shares
2     Approve Reverse Split of Ordinary and     For       For        Management
      Preferred Shares, and Amend Articles to
      Decrease Authorized Share Capital to
      Reflect Reverse Split
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       Against    Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management


--------------------------------------------------------------------------------

RESORTS WORLD BERHAD

Ticker:                      Security ID:  MYL4715OO008
Meeting Date: JUN 28, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Proposed Disposal by Resorts      For       For        Management
      World Ltd of its Entire Equity Interest
      in Geremi Ltd to Genting International
      Plc (GIPLC) for a Consideration of USD
      4.6 Million to be Satisfied through the
      Issuance of 26 Million New GIPLC Shares


--------------------------------------------------------------------------------

RESORTS WORLD BERHAD

Ticker:                      Security ID:  MYL4715OO008
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve Final Dividend for the Financial  For       For        Management
      Year Ended Dec. 31, 2004
3     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR 575,000 for the Financial
      Year Ended Dec. 31, 2004
4     Elect Lim Kok Thay as Director            For       Against    Management
5     Elect Clifford Francis Herbert as         For       For        Management
      Director
6     Elect Alwi Jantan as Director             For       For        Management
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
8     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to 10
      Percent of Issued Share Capital
9     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

REUTERS GROUP PLC (FORMERLY REUTERS HOLDINGS PLC)

Ticker:                      Security ID:  GB0002369139
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 6.15 Pence Per  For       For        Management
      Share
4     Elect Kenneth Olisa as Director           For       For        Management
5     Elect Lawton Fitt as Director             For       For        Management
6     Elect Penelope Hughes as Director         For       For        Management
7     Re-elect Thomas Glocer as Director        For       For        Management
8     Re-elect David Grigson as Director        For       For        Management
9     Re-elect Devin Wenig as Director          For       For        Management
10    Re-elect Niall FitzGerald as Director     For       For        Management
11    Re-elect Ian Strachan as Director         For       Against    Management
12    Re-elect Richard Olver as Director        For       For        Management
13    Re-elect Edward Kozel as Director         For       For        Management
14    Re-elect Charles Sinclair as Director     For       Against    Management
15    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
16    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
17    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 108,000,000
18    Approve Renewal of Directors' Authority   For       For        Management
      to Grant Options Under the Reuters Group
      PLC International SAYE Share Option Plan
      1997
19    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 17,000,000
20    Authorise 143,540,000 Shares for Market   For       For        Management
      Purchase


--------------------------------------------------------------------------------

REXAM PLC (FORMERLY BOWATER)

Ticker:       REXMY          Security ID:  GB0004250451
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 10.09 Pence Per For       For        Management
      Share
4     Elect Bill Barker as Director             For       For        Management
5     Re-elect Rolf Borjesson as Director       For       For        Management
6     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
7     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 140,800,000
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 17,700,000
9     Authorise 55,000,000 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

RHB CAPITAL BERHARD

Ticker:                      Security ID:  MYL1066OO009
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Elect Akira Miyama as Director            For       Against    Management
3     Elect Mohd Salleh bin Hj Harun as         For       Against    Management
      Director
4     Elect Johari bin Abdul Muid as Director   For       For        Management
5     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR 205,882.39 for the
      Financial Year Ended Dec. 31, 2004
6     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital


--------------------------------------------------------------------------------

RICOH CO. LTD.

Ticker:       RICOY          Security ID:  JP3973400009
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 10, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 993 Million to 1.5 Billion
      Shares - Reduce Maximum Board Size -
      Clarify Director Authorities
3     Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

RINKER GROUP LTD

Ticker:                      Security ID:  AU000000RIN3
Meeting Date: JUL 20, 2004   Meeting Type: Annual
Record Date:  JUL 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Adopt Remuneration Report for the         For       For        Management
      Financial Year Ended March 31, 2004
3a    Elect John Morschel as Director           For       For        Management
3b    Elect John Ingram as Director             For       For        Management
4     Approve Remuneration of Directors in the  For       For        Management
      Amount of AUD 1.25 Million


--------------------------------------------------------------------------------

RIO TINTO LTD. (FORMERLY CRA LTD.)

Ticker:                      Security ID:  AU000000RIO1
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  APR 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Off-Market Tender Buy-Backs of    For       For        Management
      Ordinary Shares and Tinto Holdings
      Australia Pty Limited Matching Buy-Backs
2     Approve Amendments to Rule 7(a)(iii) of   For       For        Management
      the Company's Constitution and Article
      33(A)(iii)of Rio Tinto plc's Articles of
      Association to Facilitate Share Buy-Backs
3     Amend the DLC Merger Sharing Agreement to For       For        Management
      Facilitate Share Buy-Backs
4     Authorize Share Buy-Back Program          For       For        Management
5     Elect Richard Goodmanson as Director      For       For        Management
6     Elect Ashton Calvert as Director          For       For        Management
7     Elect Vivienne Cox as Director            For       For        Management
8     Elect Paul Skinner as Director            For       For        Management
9     Approve Remuneration Report               For       For        Management
10    Approve PricewaterhouseCoopers LLP as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
11    Accept Financial Statements and Statutory For       For        Management
      Reports


--------------------------------------------------------------------------------

RIO TINTO PLC (FORMERLY RTZ CORP. PLC)

Ticker:                      Security ID:  GB0007188757
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 34,350,000
2     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,900,000
3     Authorise 106,800,000 Ordinary Shares of  For       For        Management
      Rio Tinto Plc for Market Purchase by Rio
      Tinto Plc, Rio Tinto Ltd. and any
      Subsidiaries of Rio Tinto Ltd.
4     Authorise Buy-Backs of Rio Tinto Ltd.     For       For        Management
      Ordinary Shares, Under Off-Market
      Buy-Back Tender Schemes, by Rio Tinto
      Ltd.
5     Amend Articles of Association             For       For        Management
6     Amend DLC Merger Sharing Agreement        For       For        Management
7     Approve Rio Tinto Share Savings Plan for  For       For        Management
      Employees in France
8     Elect Richard Goodmanson as Director      For       For        Management
9     Elect Ashton Calvert as Director          For       For        Management
10    Elect Vivienne Cox as Director            For       For        Management
11    Re-elect Paul Skinner as Director         For       For        Management
12    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
13    Approve Remuneration Report               For       For        Management
14    Accept Financial Statements and Statutory For       For        Management
      Reports


--------------------------------------------------------------------------------

RMC GROUP PLC

Ticker:                      Security ID:  GB0007266413
Meeting Date: NOV 17, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement Re:         For       For        Management
      Acquisition by Cemex UK of RMC


--------------------------------------------------------------------------------

RMC GROUP PLC

Ticker:                      Security ID:  GB0007266413
Meeting Date: NOV 17, 2004   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement Re:         For       For        Management
      Acquisition By Cemex UK of RMC


--------------------------------------------------------------------------------

RODAMCO EUROPE N.V. (FM.RODAMCO CONTINENTAL EUROPE NV)

Ticker:                      Security ID:  NL0000289320
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3     Approve Financial Statements and          For       For        Management
      Statutory Reports
4a    Discussion on Company's Reserves and      None      None       Management
      Dividend Policy
4b    Approve Dividend                          For       For        Management
5     Approve Discharge of Management Board     For       For        Management
6     Approve Discharge of Supervisory Board    For       For        Management
7     Reelect R.F.W. Oordt to Supervisory Board For       For        Management
8     Other Business (Non-Voting)               None      None       Management
9     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

ROHM CO. LTD.

Ticker:                      Security ID:  JP3982800009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY
      42.50, Final JY 42.50, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Increase Maximum Board For       For        Management
      Size - Authorize Public Announcements in
      Electronic Format
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
5     Approve Special Payments to Satutory      For       Against    Management
      Auditors in Connection with Abolition of
      Retirement Bonus System


--------------------------------------------------------------------------------

ROLLS-ROYCE GROUP PLC ( FORMERLY ROLLS-ROYCE PLC)

Ticker:       RYCEY          Security ID:  GB0032836487
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect Simon Robertson as Director      For       For        Management
4     Re-elect Iain Conn as Director            For       For        Management
5     Re-elect Sir John Taylor as Director      For       For        Management
6     Re-elect Amy Bondurant as Director        For       For        Management
7     Re-elect John Cheffins as Director        For       For        Management
8     Re-elect James Guyette as Director        For       For        Management
9     Re-elect Andrew Shilston as Director      For       For        Management
10    Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
11    Authorise Issue of B Shares with          For       For        Management
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 200,000,000
12    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 850,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 117,133,532
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 17,570,029
15    Authorise 173,313,853 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

ROYAL & SUN ALLIANCE INSURANCE GROUP(FORMERLY SUN ALLIANCE GROU

Ticker:                      Security ID:  GB0006616899
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 2.96 Pence Per  For       For        Management
      Ordinary Share
3     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Audit &
      Compliance Committee to Determine Their
      Remuneration
4     Elect David Paige as Director             For       For        Management
5     Approve Remuneration Report               For       For        Management
6     Approve Donations to EU Political         For       For        Management
      Organisation up to GBP 100,000 and
      Authorise EU Political Expenditure up to
      GBP 100,000
7     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 441,966,663
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 40,044,999
9     Authorise 291,236,359 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

ROYAL & SUN ALLIANCE INSURANCE GROUP(FORMERLY SUN ALLIANCE GROU

Ticker:                      Security ID:  GB0006616899
Meeting Date: SEP 9, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Disposal of the UK Life       For       For        Management
      Operations of Royal & Sun Alliance
      Insurance Group to Resolution Life
      Limited


--------------------------------------------------------------------------------

ROYAL BANK OF SCOTLAND GROUP PLC (THE)

Ticker:       RBSPRE         Security ID:  GB0007547838
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 41.2 Pence Per  For       For        Management
      Share
4     Re-elect Jim Currie as Director           For       For        Management
5     Re-elect Sir Fred Goodwin as Director     For       For        Management
6     Re-elect Sir Steve Robson as Director     For       For        Management
7     Elect Archie Hunter as Director           For       For        Management
8     Elect Charles Koch as Director            For       For        Management
9     Elect Joe MacHale as Director             For       For        Management
10    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Increase in Authorised Share      For       For        Management
      Capital; Authorise Issue of Equity or
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 264,579,936
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 39,686,990
14    Authorise 317,495,924 Shares for Market   For       For        Management
      Purchase
15    Approve 71 M Category II Non-Cumulative   For       For        Management
      US$ Pref. Shares; Allot the Newly Created
      and 179.5 M Unissued Category II
      Non-Cumulative US$ Pref. Shares, the
      64.75 M Unissued Non-Cumulative Euro
      Pref. Shares and 300 M Unissued
      Non-Cumulative GBP Pref. Shares
16    Approve Citizens Financial Group, Inc.    For       For        Management
      Long Term Incentive Plan


--------------------------------------------------------------------------------

ROYAL DUTCH SHELL PLC (FORMERLY ROYAL DUTCH PETROLEUM CO.)

Ticker:       RPETY          Security ID:  NL0000009470
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  JUN 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Annual Report                     None      None       Management
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3.A   Discuss Reserves and Dividend Policy      None      None       Management
3.B   Approve Dividends of EUR 1.79 Per Share   For       For        Management
4.A   Approve Discharge of Managing Directors   For       Against    Management
4.B   Approve Discharge of Supervisory Board    For       Against    Management
5     Reelect L.R. Ricciardi to Supervisory     For       For        Management
      Board
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Approve Share Cancellation                For       For        Management
8     Discussion on Corporate Governance        None      None       Management
9.A   Discussion of Public Exchange Offer       None      None       Management
      Issued by Royal Dutch Shell plc for All
      Ordinary Shares in Capital of Company
      (non-voting)
9.B   Approve Implementation Agreement          For       For        Management
10    Approve Acquisition and Cancellation of   For       For        Management
      All 1,500 Priority Shares and Amend
      Articles to Change Board Structure into
      One-Tier Board
11.A  Elect A.G. Jacobs as Non-Executive Board  For       For        Management
      Member
11.B  Elect Ch. Morin-Postel as Non-Executive   For       For        Management
      Board Member
11.C  Elect A.A. Loudon as Non-Executive Board  For       For        Management
      Member
11.D  Elect L.R. Ricciardi as Non-Executive     For       For        Management
      Board Member
12    Approve Remuneration Policy for Board of  For       For        Management
      Directors
13    Approve Amended Long-Term Incentive Plan  For       For        Management
14    Approve Amended Restricted Share Plan     For       For        Management
15    Approve Amended Deferred Bonus Plan       For       For        Management


--------------------------------------------------------------------------------

ROYAL KPN NV

Ticker:       KPN            Security ID:  NL0000009082
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:  APR 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy Announcements
      (Non-Voting)
3c    Approve Allocation of Income and Total    For       For        Management
      Dividends of EUR 0.35 Per Share
4a    Approve Discharge of Management Board     For       For        Management
4b    Approve Discharge of Supervisory Board    For       For        Management
5a    Receive Report on Corporate Governance    None      None       Management
5b    Amend Articles to Reflect Amendments to   For       For        Management
      Book 2 of Dutch Civil Code on Two-tiered
      Company Regime
6     Appoint PricewaterhouseCoopers            For       For        Management
      Accountants N.V. as Auditors
7a    Discussion on Profile of Supervisory      None      None       Management
      Board
7b    Opportunity to Make Recommendations for   None      None       Management
      Appointment of Two Members of Supervisory
      Board
7ci   Elect A.H.J Risseeuw to Supervisory Board For       For        Management
7cII  Elect M.E van Lier Lels to Supervisory    For       For        Management
      Board
7d    Announcement on Vacancies Arising on      None      None       Management
      Supervisory Board in 2006
7e    Approve Remuneration of Supervisory Board For       For        Management
8a    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8b    Grant Board Authority to Issue Shares Up  For       Against    Management
      to 10% of Issued Share Capital (20% in
      Connection with Merger or Acquisition)
      and All Authorized Yet Unissued Class B
      Preferred Shares
8c    Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 8b
8d    Approve Ten Percent Reduction in Share    For       For        Management
      Capital via Share Cancellation
9     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

RWE AG

Ticker:       RWEOY          Security ID:  DE0007037129
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.50 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
5     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors for Fiscal Year 2005
6     Elect Thomas Fischer and Dagmar           For       For        Management
      Muehlenfeld to the Supervisory Board
7     Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital
8     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings
9     Amend Article Re: Chairmanship of General For       For        Management
      Meetings (to Reflect Pending German
      Legislation)


--------------------------------------------------------------------------------

S.P. SETIA BHD (FORMERL SYARIKAT PEMBINAAN SETIA BERHAD)

Ticker:                      Security ID:  MYL8664OO004
Meeting Date: FEB 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Oct.
      31, 2004
2     Approve Final Dividend of 14 Percent Less For       For        Management
      Tax at 28 Percent for the Financial Year
      Ended Oct. 31, 2004
3     Elect Zaki Bin Tun Azmi as Director       For       For        Management
4     Elect Ismail Bin Adam as Director         For       For        Management
5     Elect George Anthony Dass David as        For       For        Management
      Director
6     Elect Yap Kok Weng as Director            For       Against    Management
7     Approve Moores Rowland as Auditors and    For       For        Management
      Authorize Board to Fix Their Remuneration
8     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions as Specified in Section 2.3
      (A) to (E) of the Circular to
      Shareholders Dated Feb. 2, 2005
9     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions as Specified in Section 2.3
      (F) of the Circular to Shareholders Dated
      Feb. 2, 2005


--------------------------------------------------------------------------------

S.P. SETIA BHD (FORMERL SYARIKAT PEMBINAAN SETIA BERHAD)

Ticker:                      Security ID:  MYL8664OO004
Meeting Date: JUN 20, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Memorandum of Association Re:       For       For        Management
      Increase in the Company's Share Capital
      from MYR 1 Billion to MYR 1.2 Billion
2     Approve Proposed Capital Repayment of Up  For       For        Management
      to MYR 164.6 Million Via Cash on the
      Basis of MYR 0.25 Per Ordinary Share of
      MYR 1.00 Each in S P Setia Via Cash to
      All Entitled Shareholders of the Company


--------------------------------------------------------------------------------

SABMILLER PLC (FORMERLY SOUTH AFRICAN BREWERIES LTD.)

Ticker:       SBWRY          Security ID:  GB0004835483
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect Meyer Kahn as Director           For       For        Management
4     Re-elect John Manser as Director          For       For        Management
5     Re-elect Miles Morland as Director        For       For        Management
6     Re-elect Malcolm Wyman as Director        For       For        Management
7     Approve Final Dividend of 22.5 US Cents   For       For        Management
      Per Share
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issuance of Equity with         For       For        Management
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 6,919,217.20 to
      Satisfy the Conversion Rights of the
      Holders of USD 600 Million Guaranteed
      Convertible Bonds Due 2006
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 15,007,992
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 5,002,664
13    Authorise 100,053,279 Ordinary Shares for For       For        Management
      Market Purchase
14    Authorise the Directors to Use Shares     For       For        Management
      Held in Treasury for the Purposes of or
      Pursuant to Employee Share Schemes
15    Authorise up to 77,368,338 Non-voting     For       For        Management
      Convertible Shares for Purchase in
      Conjunction with Contingent Purchase
      Contract between the Company and
      SABMiller Jersey Ltd.
16    Amend Articles of Association Re:         For       For        Management
      Treasury Shares


--------------------------------------------------------------------------------

SACYR VALLEHRMOSO (FRMELY VALLEHERMOSO, S.A.)

Ticker:                      Security ID:  ES0182870214
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, and Statutory
      Reports for Fiscal Year Ended 12-31-04;
      Approve Discharge Directors
2     Approve Allocation of Income; Approve     For       For        Management
      Increase of Voluntary Reserves Charged to
      Merger Revaluation Account (Law 76/1980),
      Finance Ministry Reserves Account (Order
      of 6/25/58), and Contingency Investment
      Account
3     Fix Number of and Elect Directors         For       For        Management
4     Authorize Repurchase of Shares By Company For       For        Management
      and Subsidiaries
5     Approve EUR 8.3 Million Capital Increase  For       For        Management
      Via Issuance of 8.3 Million Shares at EUR
      1 Charged to Merger Revaluation Reserves;
      Amend Article 5; and Approve Listing of
      New Shares in Madrid, Barcelona, Bilbao,
      and Valencia Stock Exchanges, and
      Euronext Lisbon
6     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

SAGE GROUP PLC (THE)

Ticker:                      Security ID:  GB0008021650
Meeting Date: MAR 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 1.719 Pence Per For       For        Management
      Share
3     Re-elect Lindsay Bury as Director         For       For        Management
4     Elect David Clayton as Director           For       For        Management
5     Elect Tony Hobson as Director             For       For        Management
6     Elect Tamara Ingram as Director           For       For        Management
7     Reappoint PriceWaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
8     Approve Remuneration Report               For       For        Management
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 4,272,671
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of GBP 640,900
11    Authorise 128,180,153 Shares for Market   For       For        Management
      Purchase
12    Adopt New Articles of Association         For       For        Management
13    Amend The Sage Group 1999 Executive Share For       For        Management
      Option Scheme
14    Approve The Sage Group plc Performance    For       For        Management
      Share Plan


--------------------------------------------------------------------------------

SAGEM S.A.

Ticker:                      Security ID:  FR0000073272
Meeting Date: DEC 20, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 5-for-1 Stock Split               For       For        Management
2     Amend Articles of Association and Insert  For       Against    Management
      Article 30 Re: Corporate Purpose,
      Shareholding Disclosure, Management Board
      Size, Management Board Members Age Limit,
      Management Board Powers, Supervisory
      Board Powers, Supervisory Board Members
      Shareownership
3     Issue Up to Maximum of 239.5 Million      For       Against    Management
      Sagem Shares in Connection with an
      Acquisition of Snecma
4     Elect Mario Colaiacovo as Supervisory     For       Against    Management
      Board Member Pending Approval of
      Acquisition of Snecma
5     Elect Francois de Combret as Supervisory  For       Against    Management
      Board Member Pending Approval of
      Acquisition of Snecma
6     Elect Armand Dupuy as Supervisory Board   For       Against    Management
      Member Pending Approval of Acquisition of
      Snecma
7     Elect Yves Guena as Supervisory Board     For       Against    Management
      Member Pending Approval of Acquisition of
      Snecma
8     Elect Xavier Lagarde as Supervisory Board For       Against    Management
      Member Pending Approval of Acquisition of
      Snecma
9     Elect Anne Lauvergeon as Supervisory      For       Against    Management
      Board Member Pending Approval of
      Acquisition of Snecma
10    Elect Michel Lucas as Supervisory Board   For       Against    Management
      Member Pending Approval of Acquisition of
      Snecma
11    Elect Michel Toussan as Supervisory Board For       Against    Management
      Member Pending Approval of Acquisition of
      Snecma
12    Elect Bernard Vatier as Supervisory Board For       Against    Management
      Member Pending Approval of Acquisition of
      Snecma
13    Elect Jean-Marc Forneri as Supervisory    For       Against    Management
      Board Member Pending Approval of
      Acquisition of Snecma
14    Elect Shemaya Levy as Supervisory Board   For       Against    Management
      Member Pending Approval of Acquisition of
      Snecma
15    Elect Dominique Paris as Supervisory      For       Against    Management
      Board Member Pending Approval of
      Acquisition of Snecma
16    Elect Jean Rannou as Supervisory Board    For       Against    Management
      Member Pending Approval of Acquisition of
      Snecma
17    Confirm Appointment by French State of    For       Against    Management
      Five Additional Supervisory Board Members
18    Approve Increase in Remuneration of       For       Against    Management
      Supervisory Board Members From EUR
      400,000 to EUR 670,000 Pursuant to
      Increase in Board Size and Pending
      Approval of Acquisition of Snecma
19    Confirm End of Term of Calan, Ramolino &  For       For        Management
      Associes as Auditors
20    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SAGEM S.A.

Ticker:                      Security ID:  FR0000073272
Meeting Date: MAY 11, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Approve Accounting Transfer from          For       For        Management
      Long-Term Capital Gains Accounts to Other
      Reserve
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Approve Transfer of Assets to SAGEM       For       For        Management
      Communication
6     Approve Transfer of Assets to SAGEM       For       For        Management
      Defense Securite
7     Approve Transfer of Assets to Safran      For       For        Management
      Informatique
8     Approve Acquisition of Snecma and         For       For        Management
      Issuance of 51.7 Million Shares
9     Approve Dissolution of Snecma without     For       For        Management
      Liquidation
10    Amend Articles to Reflect Changes in      For       For        Management
      Capital
11    Change Company Name to Safran             For       For        Management
12    Change Location of Registered             For       For        Management
      Office/Headquarters
13    Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.10 per Share
14    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
15    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
16    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 100 Million for Bonus Issue or
      Increase in Par Value
17    Approve Stock Option Plan Grants to       For       Against    Management
      Subscribe Newly Issued Shares
18    Approve Stock Option Plan Grants to       For       Against    Management
      Purchase Existing Shares
19    Approve Restricted Stock Plan             For       Against    Management
20    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      110 Million
21    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SAHAVIRIYA STEEL INDUS PLC CO

Ticker:                      Security ID:  TH0436010Z14
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 0.05 per Share
5     Elect Directors                           For       For        Management
6     Approve Remuneration of Directors         For       For        Management
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
8     Authorize Issuance of Debentures not      For       For        Management
      exceeding Baht 6 Billion or its
      Equivalent in Other Currency
9     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SAHAVIRIYA STEEL INDUS PLC CO

Ticker:                      Security ID:  TH0436010019
Meeting Date: NOV 18, 2004   Meeting Type: Special
Record Date:  OCT 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Reduce Par Value of Common Stock to Baht  For       For        Management
      1 from Baht 10
3     Amend Memorandum of Association to        For       For        Management
      Reflect Decrease in Par Value
4     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SAMPO OYJ  (FORMERLY SAMPO-LEONIA INSURANCE CO.

Ticker:                      Security ID:  FI0009003305
Meeting Date: APR 11, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      None       Management
      Statutory Reports
1.2   Receive Auditors' Report                  None      None       Management
1.3   Accept Financial Statements and Statutory For       For        Management
      Reports
1.4   Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.20 Per Share
1.5   Approve Discharge of Board and President  For       For        Management
1.6   Fix Number of Directors at 8; Approve     For       For        Management
      Their Remuneration
1.7   Fix Numer of Auditors at 1; Approve Their For       For        Management
      Remuneration
1.8   Reelect Tom Berglund, Anne Brunila, Georg For       For        Management
      Ehrnrooth, Jyrki Juusela, Olli-Pekka
      Kallasvuo, Christoffer Taxell, Matti
      Vuoria, and Bjoern Wahlroos as Directors
1.9   Elect Ernst & Young as Auditors           For       For        Management
2     Authorize Repurchase of Up to Five        For       For        Management
      Percent of Series A Shares
3     Amend Articles Re: Change Domicile from   For       For        Management
      Turku to Helsinki; Remove Mandatory
      Retirement Age; Remove Requirement That
      Meeting Notice Be Published in at Least
      One Newspaper in Turku


--------------------------------------------------------------------------------

SANDEN CORP.

Ticker:                      Security ID:  JP3336400001
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management
      and Special Payments to Continuing
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System
5     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

SANDVIK AB

Ticker:                      Security ID:  SE0000667891
Meeting Date: JUN 28, 2005   Meeting Type: Special
Record Date:  JUN 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7.1   Approve Reduction in Share Capital via    For       Did Not    Management
      Share Cancellation                                  Vote
7.2   Approve Issuance of Class C Shares to     For       Did Not    Management
      Facilitate Reduction in Share Capital               Vote
7.3   Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Class C Shares                      Vote


--------------------------------------------------------------------------------

SANDVIK AB

Ticker:                      Security ID:  SE0000667891
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
8     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
9     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
10    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 11 Per Share                       Vote
11    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
12    Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
13    Reelect Georg Ehrnrooth, Clas Aake        For       Did Not    Management
      Hedstroem, Sigrun Hjelmquist, Egil                  Vote
      Myklebust, Arne Maartensson, Lars Nyberg,
      Anders Nyren, and Lars Petterson as
      Directors
14    Amend Articles                            For       Did Not    Management
                                                          Vote
15    Amend Articles Re: Redemption of Shares   For       Did Not    Management
                                                          Vote
16    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four Largest                     Vote
      Shareholders to Serve on Nominating
      Committee


--------------------------------------------------------------------------------

SANKYO CO. LTD.

Ticker:                      Security ID:  JP3326400003
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 25, Special JY 0
2     Approve Formation of Joint Holding        For       For        Management
      Company with Daiichi Pharmaceutical Co.
      Ltd.
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  FR0000120578
Meeting Date: DEC 13, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption of Aventis   For       For        Management
      by Sanofi-Aventis; Authorize Issuance of
      19.1 Million Shares to Compensate Aventis
      Minority Shareholders
2     Approve Accounting Treatment of           For       For        Management
      Absorption
3     Assume Obligations of 257,248 Outstanding For       For        Management
      Aventis Warrants; Authorize Issuance of
      Up to 301,984 Sanofi-Aventis Shares to
      Satisfy Conversion of Aventis Warrants
4     Assume Obligations of 48.08 Million       For       For        Management
      Outstanding Aventis Stock Options;
      Authorize Issuance of Sanofi-Aventis
      Shares to Satisfy Conversion of Aventis
      Stock Options
5     Set Dec. 31, 2004, as Effective Date of   For       For        Management
      Merger and Related Capital Increase to
      Aventis Minority Shareholders
6     Amend Articles to Reflect Changes in      For       For        Management
      Capital
7     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  FR0000120578
Meeting Date: MAY 31, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.20 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Ratify PricewaterhouseCoopers Audit as    For       For        Management
      Auditor
6     Ratify Pierre Coll as Alternate Auditor   For       For        Management
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Cancel Outstanding Debt Issuance          For       For        Management
      Authority
9     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 1.4 Billion; Authorize Global Limit
      of EUR 1.6 Billion
10    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 840 Million
11    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 500 Million for Bonus Issue or
      Increase in Par Value
12    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      Proposed in Issuance Authorities Above
13    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Approve Stock Option Plan Grants          For       Against    Management
15    Authorize Up to 1 Percent of Issued       For       Against    Management
      Capital For Use in Restricted Stock Plan
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SANPAOLO IMI SPA

Ticker:                      Security ID:  IT0001269361
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Statutory   For       Did Not    Management
      Reports, and Allocation of Income                   Vote
2     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
3.1   Appoint Internal Statutory Auditors -     None      Did Not    Management
      Slate Number 1 Submitted By Compagnia di            Vote
      San Paolo
3.2   Appoint Internal Statutory Auditors -     None      Did Not    Management
      Slate Number 2 Submitted By IFIL                    Vote
3.3   Appoint Internal Statutory Auditors -     None      Did Not    Management
      Slate Number 3 Submitted By a Group of              Vote
      Institutional Investors
4     Approve Remuneration of Internal          For       Did Not    Management
      Statutory Auditors                                  Vote
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

SANTOS LTD.

Ticker:       STOSY          Security ID:  AU000000STO6
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:  MAY 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2a    Elect Kenneth A. Dean as Director         For       For        Management
2b    Elect Christopher J. Recny as Director    For       For        Management
2c    Elect Peter C. Barnett as Director        For       For        Management
2d    Elect Michael A. O'Leary as Director      For       For        Management


--------------------------------------------------------------------------------

SANYO ELECTRIC CO. LTD.

Ticker:       SANYF          Security ID:  JP3340600000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Handling of Net Loss, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 0, Special JY 0
2     Amend Articles to: Increase Maximum       For       For        Management
      Number of Internal Auditors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
4.4   Appoint Internal Statutory Auditor        For       For        Management
4.5   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
6     Approve Retirement Bonuses for Statutory  For       Against    Management
      Auditors


--------------------------------------------------------------------------------

SAP AG

Ticker:       SAP            Security ID:  DE0007164600
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.10 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors
6     Elect Erhard Schipporeit to the           For       For        Management
      Supervisory Board
7     Amend Articles Re: Share Capital;         For       For        Management
      Conditional Captial IIa; Conditional
      Capital IIIa
8     Change Company Name to SAP AG             For       For        Management
9     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)
10    Approve Creation of EUR 60 Million Pool   For       For        Management
      of Conditional Capital with Preemptive
      Rights; Approve Creation of EUR 60
      Million Pool of Conditional Capital
      without Preemptive Rights
11    Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
12    Authorize Use of Financial Derivatives    For       For        Management
      Method when Repurchasing Shares


--------------------------------------------------------------------------------

SAPPORO HOLDINGS LTD. (FORMERLY SAPPORO BREWERIES)

Ticker:                      Security ID:  JP3320800000
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
3     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

SCHERING AG

Ticker:       SHR10          Security ID:  DE0007172009
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports for Fiscal Year 2004
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.00 per
      Dividend-Bearing Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
5     Ratify BDO Deutsche Warentreuhand AG as   For       For        Management
      Auditors for Fiscal Year 2005
6     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration Scheme
7     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)
8     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
9     Approve Control and Profit and Loss       For       For        Management
      Transfer Agreement with a Subsidiary
      (Scheradmin 01 GmbH)
10    Approve Transformation of Profit and Loss For       For        Management
      Transfer Agreements  into Control and
      Profit and Loss Transfer Agreements


--------------------------------------------------------------------------------

SCHINDLER HOLDING AG

Ticker:                      Security ID:  CH0013914103
Meeting Date: MAR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of CHF 7.00 per Share                     Vote
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4     Reelect Luc Bonnard, Hubertus von         For       Did Not    Management
      Gruenberg, Scott Miller, Alfred                     Vote
      Schindler, Alfred Spoerri, Jeno
      Staehelin, and Robert Studer as
      Directors; Elect Pius Baschera as
      Director
5     Ratify Ernst & Young as Auditors          For       Did Not    Management
                                                          Vote
6     Amend Articles Re: Submission of          For       Did Not    Management
      Shareholder Proposals                               Vote


--------------------------------------------------------------------------------

SCHNEIDER ELECTRIC SA (FORMERLY SCHNEIDER SA)

Ticker:                      Security ID:  FR0000121972
Meeting Date: MAY 12, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party  Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.80 per Share
5     Elect Serge Weinberg as Director          For       For        Management
6     Acknowledge the Resignation of Caisse des For       For        Management
      Depots et Consignations and Appoint
      Jerome Gallot as Director
7     Reelect Henri Lachmann as Director        For       Against    Management
8     Reelect Rene Barbier de La Serre as       For       For        Management
      Director
9     Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 800,000
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 500 Million
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 300 Million
13    Authorize Capital Increase for Future     For       For        Management
      Exchange Offers/Acquisitions
14    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
15    Authorize Up to Three Percent of Issued   For       Against    Management
      Capital for Use in Restricted Stock Plan
16    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SCMP GROUP LTD. (FRMRLY. SOUTH CHINA MORNING POST)

Ticker:                      Security ID:  BMG7867B1054
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAY 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Approve Final Dividend                    For       For        Management
2b    Approve Special Dividend                  For       For        Management
3a    Reelect Kuok Khoon Ean as Executive       For       For        Management
      Director
3b    Reelect Ronald J. Arculli as Independent  For       For        Management
      Non-Executive Director
3c    Reelect Tan Sri Dr. Khoo Kay Peng as      For       For        Management
      Non-Executive Director
3d    Reelect Robert Ng Chee Siong as           For       For        Management
      Non-Executive Director
4     Authorize Board to Fix the Remuneration   For       For        Management
      of Directors
5     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Amend Bylaws Re: Retirement of Directors  For       For        Management
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
8     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
9     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

SCMP GROUP LTD. (FRMRLY. SOUTH CHINA MORNING POST)

Ticker:                      Security ID:  BMG7867B1054
Meeting Date: OCT 28, 2004   Meeting Type: Special
Record Date:  OCT 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Conditional Sale and Purchase     For       For        Management
      Agreement Between SCMP Retailing (HK)
      Ltd. and The Dairy Farm Company, Ltd.


--------------------------------------------------------------------------------

SCOTTISH & NEWCASTLE PLC

Ticker:                      Security ID:  GB0007839698
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 13.75 Pence Per For       For        Management
      Ordinary Share
4     Re-elect Neville Bain as Director         For       For        Management
5     Re-elect Sir Ian Robinson as Director     For       For        Management
6     Re-elect Henrik Therman as Director       For       For        Management
7     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 34,000,000
10    Subject to the Passing of Resolution 9,   For       For        Management
      Authorise Issue of Equity or
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 8,900,000
11    Authorise 89,000,000 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

SCOTTISH & SOUTHERN ENERGY PLC (FRM.HYDRO ELECTRIC POWER PLC

Ticker:       SCTZ40         Security ID:  GB0007908733
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 26.4 Pence Per  For       For        Management
      Ordinary Share
4     Elect Kevin Smith as Director             For       For        Management
5     Re-elect Henry Casley as Director         For       For        Management
6     Re-elect Ian Marchant as Director         For       For        Management
7     Re-elect Alistair Phillips-Davies as      For       For        Management
      Director
8     Re-appoint KPMG Audit Plc as Auditors of  For       For        Management
      the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 142,917,261
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 21,436,740
12    Authorise 85,746,962 Ordinary Shares for  For       For        Management
      Market Purchase
13    Amend Articles of Association Re:         For       For        Management
      Treasury Shares
14    Amend the Scottish and Southern Energy    For       For        Management
      Employee Share Ownership Plan and the
      Scottish and Southern Energy plc 2001
      Sharesave Scheme
15    Amend Articles of Association Re: Special For       For        Management
      Share


--------------------------------------------------------------------------------

SCOTTISH POWER PLC

Ticker:       SPI            Security ID:  GB0006900707
Meeting Date: JUL 23, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Vicky Bailey as Director            For       For        Management
4     Elect Philip Carroll as Director          For       For        Management
5     Elect Judi Johansen as Director           For       For        Management
6     Elect Simon Lowth as Director             For       For        Management
7     Elect Nancy Wilgenbusch as Director       For       For        Management
8     Re-elect Euan Baird as Director           For       For        Management
9     Re-elect Ian Russell as Director          For       For        Management
10    Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
11    Authorise the Company to Make EU          For       For        Management
      Political Donations and Incur EU
      Political Expenditure up to Aggregate
      Nominal Amount of GBP 100,000
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 46,499,936
13    Authorise 185,999,745 Ordinary Shares for For       For        Management
      Market Purchase
14    Amend Articles of Association Re: CREST   For       For        Management
      and the Special Share Provisions


--------------------------------------------------------------------------------

SEAT PAGINE GIALLE SPA

Ticker:                      Security ID:  IT0003479638
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect One Member to the Board of          For       For        Management
      Directors and/or Elect Board of Internal
      Statutory Auditors; Set Directors and/or
      Auditors Remuneration
2     Accept Financial Statements and Statutory For       For        Management
      Reports
1     Allocation of Funds in 'Re-Evaluation     For       For        Management
      Reserve' to Cover Losses Relative to
      Fiscal Year 2004


--------------------------------------------------------------------------------

SEAT PAGINE GIALLE SPA

Ticker:                      Security ID:  IT0003479638
Meeting Date: SEP 27, 2004   Meeting Type: Special
Record Date:  SEP 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect One Director                        For       For        Management
1     Amend Articles To Reflect New Italian     For       Against    Management
      Company Law Regulations


--------------------------------------------------------------------------------

SECOM CO. LTD.

Ticker:                      Security ID:  JP3421800008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 50, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4     Approve Retirement Bonus for Director     For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

SECURITAS AB

Ticker:                      Security ID:  SE0000163594
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Melker Schoerling as Chairman of    For       Did Not    Management
      Meeting                                             Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Share holder       For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive President's Report                None      Did Not    Management
                                                          Vote
8     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
9a    Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
9b    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 3.00 Per Share                     Vote
9c    Approve Record Date (April 12) for        For       Did Not    Management
      Dividend                                            Vote
9d    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
10    Determine Number of Members (9) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 4 Million;                  Vote
      Approve Remuneration for Committee Work
12    Reelect Thomas Berglund, Annika           For       Did Not    Management
      Falkengren, Carl Douglas, Gustaf Douglas,           Vote
      Berthold Lindqvist, Fredrik Palmstierna,
      Melker Schoerling (Chair) as Directors;
      Elect Stuart Graham and Sofia Schoerling
      as New Directors
13    Reelect Gustaf Douglas (Chair), Melker    For       Did Not    Management
      Schoerling, Marianne Nilsson and Annika             Vote
      Andersson as Members of Nominating
      Committee
14    Approve Repurchase Prior to Maturity of   For       Did Not    Management
      Convertible Bonds Issued for 2002                   Vote
      Incentive Program
15    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

SEIKO EPSON CORP.

Ticker:                      Security ID:  JP3414750004
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 13,
      Final JY 13, Special JY 0
2     Approve Payment of Annual Bonuses to      For       For        Management
      Directors and Statutory Auditors
3     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

SEKISUI CHEMICAL CO. LTD.

Ticker:                      Security ID:  JP3419400001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3     Approve Executive Stock Option Plan       For       Against    Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
4.13  Elect Director                            For       For        Management
4.14  Elect Director                            For       For        Management
4.15  Elect Director                            For       For        Management
4.16  Elect Director                            For       For        Management
4.17  Elect Director                            For       For        Management
4.18  Elect Director                            For       For        Management
4.19  Elect Director                            For       For        Management
4.20  Elect Director                            For       For        Management
4.21  Elect Director                            For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Special Payments to Continuing
      Directors and Statutory Auditors in
      Connetion with Abolition of Retirement
      Bonus System


--------------------------------------------------------------------------------

SEKISUI HOUSE LTD.

Ticker:                      Security ID:  JP3420600003
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  JAN 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 9, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3     Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

SEMBCORP INDUSTRIES LIMITED

Ticker:                      Security ID:  SG1G26864940
Meeting Date: APR 26, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Mandate for Transactions with     For       For        Management
      Related Parties
2     Approve Capital Reduction and Cash        For       For        Management
      Distribution to Shareholders
3     Amend SembCorp Industries Executives'     For       Against    Management
      Share Option Scheme, SembCorp Industries
      Share Option Plan, SembCorp Industries
      Performance Share Plan, and SembCorp
      Industries Restricted Stock Plan


--------------------------------------------------------------------------------

SEMBCORP INDUSTRIES LIMITED

Ticker:                      Security ID:  SG1G26864940
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare Final Dividend of SGD 0.05 Per    For       For        Management
      Share Less Income Tax
3     Reelect Peter Seah Lim Huat as Director   For       Against    Management
4     Reelect Lua Cheng Eng as Director         For       For        Management
5     Reelect Colin Au Fook Yew as Director     For       For        Management
6     Reelect Evert Henkes as Director          For       For        Management
7     Approve Directors' Fees of SGD 635,166    For       For        Management
      for the Year Ended December 31, 2004
      (2003: SGD 675,321)
8     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
9     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
10    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the SembCorp
      Industries Share Option Plan, SembCorp
      Industries Performance Share Plan and
      SembCorp Industries Restricted Stock Plan


--------------------------------------------------------------------------------

SEMBCORP MARINE LTD (FRM.JURONG SHIPYARD LTD.)

Ticker:                      Security ID:  SG1H97877952
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare Final Dividend of SGD 0.01 Per    For       For        Management
      Share and Special Dividend of SGD 0.05
      Per Share
3     Reelect Kiyotaka Matsuzawa as Director    For       For        Management
4     Reelect Haruo Kubota as Director          For       For        Management
5     Reelect Lua Cheng Eng as Director         For       For        Management
6     Approve Directors' Fees of SGD 337,000    For       For        Management
      for the Year Ended December 31, 2004
      (2003: SGD 332,332)
7     Reappoint Ernst & Young as Auditors and   For       For        Management
      Authorize Board to Fix Their Remuneration
8     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
9     Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the SembCorp Marine
      Share Option Plan, SembCorp Marine
      Performance Share Plan and SembCorp
      Marine Restricted Stock Plan


--------------------------------------------------------------------------------

SEMBCORP MARINE LTD (FRM.JURONG SHIPYARD LTD.)

Ticker:                      Security ID:  SG1H97877952
Meeting Date: APR 21, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Renewal of Mandate for            For       For        Management
      Transactions with Related Parties
2     Amend SembCorp Marine Executives' Share   For       Against    Management
      Option Scheme, SembCorp Marine Share
      Option Plan, SembCorp Marine Performance
      Share Plan, and SembCorp Marine
      Restricted Stock Plan


--------------------------------------------------------------------------------

SERCO GROUP PLC

Ticker:                      Security ID:  GB0007973794
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 1.82 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Christopher Hyman as Director    For       For        Management
5     Re-elect Andrew Jenner as Director        For       For        Management
6     Re-elect DeAnne Julius as Director        For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 3,057,883
10    Authorise the Company to Grant EU         For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000
11    Authorise Serco Ltd. to Grant EU          For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000
12    Authorise ITNET UK Ltd. to Grant EU       For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 30,000
13    Authorise The French Thornton Partnership For       For        Management
      Ltd. to Grant EU Political Donations up
      to Aggregate Nominal Amount of GBP 30,000
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 463,315
15    Authorise 46,331,570 Ordinary Shares for  For       For        Management
      Market Purchase
16    Amend Serco Group plc 1998 Executive      For       For        Management
      Option Plan
17    Approve Serco Group plc 2005              For       For        Management
      Savings-Related Share Option Scheme
18    Approve Serco Group 2005 Executive Option For       For        Management
      Plan
19    Approve Serco Group 2005 Long-Term        For       For        Management
      Incentive Scheme


--------------------------------------------------------------------------------

SERCO GROUP PLC

Ticker:                      Security ID:  GB0007973794
Meeting Date: JAN 12, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of ITNET plc          For       For        Management


--------------------------------------------------------------------------------

SEVEN-ELEVEN JAPAN CO. LTD.

Ticker:                      Security ID:  JP3423000003
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 21.5,
      Final JY 21.5, Special JY 0
2     Approve Formation of Joint Holding        For       For        Management
      Company with Ito-Yokado Co. and Denny's
      Japan Co.
3     Amend Articles to Change Record Date for  For       For        Management
      Payment of Interim Dividends
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
4.13  Elect Director                            For       For        Management
4.14  Elect Director                            For       For        Management
4.15  Elect Director                            For       For        Management
4.16  Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

SEVERN TRENT  PLC

Ticker:                      Security ID:  GB0000546324
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 29.27 Pence Per For       For        Management
      Ordinary Share
4     Re-elect John Banyard as Director         For       For        Management
5     Re-elect Brian Duckworth as Director      For       For        Management
6     Re-elect John McAdam as Director          For       For        Management
7     Re-elect Derek Osborn as Director         For       For        Management
8     Elect Martin Houston as Director          For       For        Management
9     Elect Colin Matthews as Director          For       For        Management
10    Elect John Smith as Director              For       For        Management
11    Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 74,327,058
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 11,261,675
14    Authorise 34,511,587 Ordinary Shares for  For       For        Management
      Market Purchase
15    Amend Articles of Association             For       For        Management
16    Authorise Severn Trent Plc to Make EU     For       For        Management
      Political Donations and Incur EU
      Political Expenditure up to Aggregate
      Nominal Amount of GBP 50,000
17    Authorise Severn Trent Water Limited to   For       For        Management
      Make EU Political Donations and Incur EU
      Political Expenditure up to Aggregate
      Nominal Amount of GBP 50,000
18    Authorise Biffa Waste Services Limited to For       For        Management
      Make EU Political Donations and Incur EU
      Political Expenditure up to Aggregate
      Nominal Amount of GBP 25,000
19    Authorise Biffa Treatment NV to Make EU   For       For        Management
      Political Donations and Incur EU
      Political Expenditure up to Aggregate
      Nominal Amount of GBP 25,000


--------------------------------------------------------------------------------

SGS SOCIETE GENERALE DE SURVEILLANCE HOLDING SA

Ticker:                      Security ID:  CH0002497458
Meeting Date: MAR 23, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 12.00 per Share and CHF
      60.00 per Category A Bearer Profit
      Sharing Certificate
4     Elect Tiberto Brandolini d'Adda and       For       For        Management
      Pascal Lebard as Directors
5     Ratify Deloitte & Touch SA as Auditors    For       For        Management
6     Amend Prior Authorization to Issue CHF 10 For       For        Management
      Million Pool of Conditional Capital
      Without Preemptive Rights
7     Approve Conversion of Category A Bearer   For       For        Management
      Profit Sharing Certificates into
      Registered Shares


--------------------------------------------------------------------------------

SHANGRI-LA ASIA LTD.

Ticker:                      Security ID:  BMG8063F1068
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect Alexander Reid Hamilton as        For       For        Management
      Director
3b    Reelect Lee Yong Sun as Director          For       For        Management
3c    Reelect Tow Heng Tan as Director          For       For        Management
3d    Reelect Ye Longfei as Director            For       For        Management
4     Approve Remuneration of Directors         For       For        Management
      Including Fees for the Audit and
      Remuneration Committees
5     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6a    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6b    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
7     Amend Bylaws Re: Voting at Meetings,      For       For        Management
      Retirement by Rotation of Directors


--------------------------------------------------------------------------------

SHARP CORP.

Ticker:       SHCAY          Security ID:  JP3359600008
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 10, Special JY 0
2     Amend Articles to Delete Obsolete         For       For        Management
      Language Relating to Conversion of
      Convertible Bonds
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

SHELL TRANSPORT AND TRADING COMPANY PLC (THE)

Ticker:       SHTCF          Security ID:  GB0008034141
Meeting Date: JUN 28, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Reduction in Capital by           For       For        Management
      Cancelling and Extinguishing the First
      Preference Shares of GBP 1 Each
2     Conditional on the Passing of Resolution  For       For        Management
      1, Approve Reduction in Capital by
      Cancelling and Extinguishing the Second
      Preference Shares of GBP 1 Each
3     Approve Scheme of Arrangement;Reduce Cap. For       For        Management
      by Cancelling the Scheme Shares;Increase
      Cap. by Creating Such No. of Ord. Shares
      of 25p and 1 Dividend Access Share of
      25P; Issue of Equity with Pre-emp. Rights
      up to the Created Ord. Shares; Amend Art.
      of Assoc.


--------------------------------------------------------------------------------

SHELL TRANSPORT AND TRADING COMPANY PLC (THE)

Ticker:       SHTCF          Security ID:  GB0008034141
Meeting Date: JUN 28, 2005   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement             For       For        Management


--------------------------------------------------------------------------------

SHELL TRANSPORT AND TRADING COMPANY PLC (THE)

Ticker:       SHTCF          Security ID:  GB0008034141
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Peter Voser as Director             For       For        Management
4     Re-elect Sir Peter Job as Director        For       For        Management
5     Re-elect Lord Oxburgh as Director         For       For        Management
6     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
8     Authorise 480,000,000 Ordinary Shares for For       For        Management
      Market Purchase
9     Approve Long-Term Incentive Plan          For       For        Management
10    Approve Deferred Bonus Plan               For       For        Management
11    Approve Restricted Share Plan             For       For        Management


--------------------------------------------------------------------------------

SHIMACHU CO. LTD.

Ticker:                      Security ID:  JP3356800007
Meeting Date: NOV 26, 2004   Meeting Type: Annual
Record Date:  AUG 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.15,
      Final JY 7.15, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
3.3   Appoint Internal Statutory Auditor        For       For        Management
3.4   Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

SHIMAMURA CO. LTD.

Ticker:                      Security ID:  JP3358200008
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:  FEB 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 29,
      Final JY 39, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
3     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

SHIMANO INC.

Ticker:                      Security ID:  JP3358000002
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12.5,
      Final JY 12.5, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Approve Reduction in Legal Reserves       For       For        Management
4     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Share Repurchase and
      Cancellation - Limit Outside Directors'
      Legal Liability
5.1   Elect Director                            For       For        Management
5.2   Elect Director                            For       For        Management
5.3   Elect Director                            For       For        Management
5.4   Elect Director                            For       For        Management
5.5   Elect Director                            For       For        Management
5.6   Elect Director                            For       For        Management
6     Approve Retirement Bonus for Director     For       For        Management
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

SHIMIZU CORP.

Ticker:                      Security ID:  JP3358800005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2.50,
      Final JY 2.50, Special JY 0
2     Amend Articles to: Provide for Sale of    For       For        Management
      Supplemental Shares to Odd-Lot Holders
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

SHIN CORP. (SHIN) (FORMERLY SHINAWATRA COMPUTER & COMMUNICATION

Ticker:                      Security ID:  TH0201010Z12
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Minutes of Previous AGM           For       For        Management
3     Accept Directors' Report                  For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 1.08 per Share
6     Approve PricewaterhouseCoopers ABAS       For       For        Management
      Limited as Auditors and Authorize Board
      to Fix Their Remuneration
7     Elect Directors                           For       For        Management
8     Approve Remuneration of Directors         For       For        Management
9     Approve Issuance of 16 Million Units of   For       For        Management
      Warrants to Directors, Employees, and
      Advisors of the Company
10    Approve the Issuance of 16 Million Shares For       For        Management
      Reserved Exclusively for the Conversion
      of Warrants
11    Approve Issuance of Warrants to           For       For        Management
      Directors, Employees and Advisors
      Exceeding Five Percent of the Total
      Issuance
12    Approve the Issuance of 600,000 Shares    For       For        Management
      Reserved Exclusively for the Conversion
      of Warrants Grant 1, 2, and 3
13    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SHIN-ETSU CHEMICAL CO. LTD.

Ticker:                      Security ID:  JP3371200001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 10, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital - Cancel Year-End Closure of
      Shareholder Register - Amend Board Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
6     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor
7     Approve Executive Stock Option Plan       For       Against    Management


--------------------------------------------------------------------------------

SHINSEI BANK LTD.

Ticker:                      Security ID:  JP3729000004
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director                            For       For        Management
1.2   Elect Director                            For       For        Management
1.3   Elect Director                            For       For        Management
1.4   Elect Director                            For       For        Management
1.5   Elect Director                            For       For        Management
1.6   Elect Director                            For       For        Management
1.7   Elect Director                            For       For        Management
1.8   Elect Director                            For       Against    Management
1.9   Elect Director                            For       Against    Management
1.10  Elect Director                            For       For        Management
1.11  Elect Director                            For       For        Management
1.12  Elect Director                            For       For        Management
1.13  Elect Director                            For       For        Management
1.14  Elect Director                            For       For        Management
1.15  Elect Director                            For       For        Management
1.16  Elect Director                            For       For        Management
1.17  Elect Director                            For       For        Management
2     Amend Articles to: Clarify Director       For       For        Management
      Authorities - Limit Directors' Legal
      Liability
3     Approve Executive Stock Option Plan       For       For        Management
4     Authorize Share Repurchase Program        For       For        Management


--------------------------------------------------------------------------------

SHIONOGI & CO. LTD.

Ticker:                      Security ID:  JP3347200002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4.25,
      Final JY 7.75, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonus for Statutory    For       Against    Management
      Auditor


--------------------------------------------------------------------------------

SHISEIDO CO. LTD.

Ticker:       SSDOY          Security ID:  JP3351600006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 11,
      Final JY 13, Special JY 0
2     Amend Articles to: Limit Directors' and   For       For        Management
      Internal Auditor's Legal Liability -
      Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors
6     Approve Deep Discount Stock Option Plan   For       For        Management
7     Approve Executive Stock Option Plan       For       Against    Management


--------------------------------------------------------------------------------

SHIZUOKA BANK LTD.

Ticker:                      Security ID:  JP3351200005
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.50,
      Final JY 5, Special JY 0
2     Amend Articles to: Increase Number of     For       For        Management
      Internal Auditors - Clarify Director
      Authorities - Expand Board Eligibility
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and to Special Payment to Director
      Smitching to Part-time Status


--------------------------------------------------------------------------------

SHOWA DENKO K.K.

Ticker:                      Security ID:  JP3368000000
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 3, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
3     Approve Retirement Bonus for Director and For       For        Management
      Special Payments to Continuing Directors
      and Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
4     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

SHOWA SHELL SEKIYU K.K.

Ticker:                      Security ID:  JP3366800005
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 15, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Appoint Alternate Internal Statutory      For       For        Management
      Auditor


--------------------------------------------------------------------------------

SIAM CEMENT CO. LTD.

Ticker:                      Security ID:  TH0003010Z04
Meeting Date: MAR 23, 2005   Meeting Type: Annual
Record Date:  MAR 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and          For       For        Management
      Dividends
5     Elect Directors                           For       For        Management
6     Approve KPMG Phoomchai Audit  Limited as  For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Amend Articles of Association Re:         For       For        Management
      Acquisition and Disposition of Assets of
      the Listed Companies
8     Approve Remuneration of Directors         For       For        Management
9     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SIAM CITY CEMENT

Ticker:                      Security ID:  TH0021010010
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Audit Committee Report             For       For        Management
3     Accept Directors' Report                  For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 7 per Share
6     Elect Directors                           For       For        Management
7     Approve Ernst & Young Office Limited as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
8     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SIAM COMMERCIAL BANK PLC

Ticker:                      Security ID:  TH0015010018
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Dividend For       For        Management
      of Baht 2.00 per Share
5     Approve Bonus and Remuneration of         For       For        Management
      Directors
6     Elect Directors                           For       For        Management
7     Authorize Issuance of Debentures not      For       For        Management
      exceeding Baht 40 Billion or its
      Equivalent in Other Currency
8     Approve Deloitte Touche Tohmatsu Jaiyos   For       For        Management
      Co, Ltd as Auditors and Authorize Board
      to Fix Their Remuneration
9     Amend Memorandum of Association Re:       For       For        Management
      Preferred Shares Conversion
10    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SIEMENS AG

Ticker:       SMAG40         Security ID:  DE0007236101
Meeting Date: JAN 27, 2005   Meeting Type: Annual
Record Date:  JAN 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Supervisory Board Report          None      None       Management
2     Receive Financial Statements and          None      None       Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.25 per Share
4     Approve Discharge of Management Board for For       For        Management
      Fiscal 2003/2004
5     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2003/2004
6     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors
7     Elect Heinrich v. Pierer to the           For       For        Management
      Supervisory Board; Elect Michael Mirow as
      Alternate Supervisory Board Memeber
8     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
9     Approve Remuneration of Supervisory Board For       For        Management
      Members
10    Amend Articles Re: Designate Electronic   For       For        Management
      Publications for Meeting Announcements
      and Invitation to Shareholder Meetings


--------------------------------------------------------------------------------

SIGNET GROUP PLC (FORMERLY RATNERS)

Ticker:                      Security ID:  GB0000403740
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 2.625 Pence Per For       For        Management
      Share
4     Re-elect Terry Burman as Director         For       For        Management
5     Re-elect Brook Land as Director           For       For        Management
6     Re-elect James McAdam as Director         For       For        Management
7     Elect Robert Anderson as Director         For       For        Management
8     Elect Robert Walker as Director           For       For        Management
9     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 2,893,636
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 434,045
12    Authorise 173,618,182 Ordinary Shares for For       For        Management
      Market Purchase
13    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors


--------------------------------------------------------------------------------

SIME DARBY BERHAD

Ticker:                      Security ID:  MYL4197OO009
Meeting Date: NOV 4, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended June
      30, 2004
2     Approve Final Dividend for the Financial  For       For        Management
      Year Ended June 30, 2004
3     Elect Ahmad bin Tunku Yahaya as Director  For       For        Management
4     Elect Michael Wong Pakshong as Director   For       For        Management
5     Elect Muhammad Alias bin Raja Muhammad    For       For        Management
      Ali as Director
6     Elect Ahmad Zubair @ Ahmad Zubir bin Haji For       For        Management
      Murshid as Director
7     Elect Ahmad Sarji bin Abdul Hamid as      For       For        Management
      Director
8     Elect Martin Giles Manen as Director      For       For        Management
9     Elect Ahmad Tajuddin bin Ali as Director  For       For        Management
10    Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
11    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
12    Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
13    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions
14    Approve Issuance of Shares to Ahmad       For       Against    Management
      Zubair @ Ahmad Zubir bin Haji Murshid
      Pursuant to Employees' Share Option
      Scheme


--------------------------------------------------------------------------------

SINGAPORE AIRLINES LIMITED

Ticker:                      Security ID:  SG1H95001506
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.25 Per    For       For        Management
      Share
3     Reelect Brian Pitman as Director          For       For        Management
4a    Reelect Koh Boon Hwee as Director         For       For        Management
4b    Reelect Davinder Singh s/o Amar Singh as  For       For        Management
      Director
5a    Reelect Chia Pei-Yuan as Director         For       For        Management
5b    Reelect Stephen Lee Ching Yen as Director For       For        Management
6     Approve Directors' Fees of SGD 629,000    For       For        Management
7     Reappoint Ernst & Young as Auditors and   For       For        Management
      Authorize Board to Fix Their Remuneration
8a    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
8b    Approve Issuance of ASA Shares at an      For       For        Management
      Issue Price of SGD 0.50 Per Share
8c    Authorize Share Repurchase Program        For       For        Management
8d    Approve Issuance of Shares and Grant of   For       For        Management
      Options Pursuant to the Employee Share
      Option Scheme
8e    Approve Mandate for Transactions with     For       For        Management
      Related Parties
9     Other Business (Voting)                   For       For        Management


--------------------------------------------------------------------------------

SINGAPORE EXCHANGE LTD.

Ticker:                      Security ID:  SG1J26887955
Meeting Date: SEP 17, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Share Repurchase Program        For       For        Management


--------------------------------------------------------------------------------

SINGAPORE EXCHANGE LTD.

Ticker:                      Security ID:  SG1J26887955
Meeting Date: SEP 17, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Reelect Joseph Yuvaraj Pillay as Director For       For        Management
3a    Reelect Ho Tian Yee as Director           For       For        Management
3b    Reelect Wong Ngit Liong as Director       For       For        Management
4a    Reelect Lee Hsien Yang as Director        For       For        Management
4b    Reelect Olivia Lum Ooi Lin as Director    For       For        Management
4c    Reelect Robert Owen as Director           For       For        Management
5     Approve Directors' Fees of SGD 489,900    For       For        Management
6     Declare Final Dividend of SGD 0.04 Per    For       For        Management
      Share
7     Declare Special Dividend of SGD 0.065 Per For       For        Management
      Share
8     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
9     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
10    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Share Option
      Scheme


--------------------------------------------------------------------------------

SINGAPORE LAND LTD.

Ticker:                      Security ID:  SG1S69002321
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.15 Per    For       For        Management
      Share
3     Approve Directors' Fees of SGD 294,500    For       For        Management
      for the Year Ended Dec 31, 2004 (SGD
      294,500)
4a    Reelect Hwang Soo Jin as Director         For       Against    Management
4b    Reelect Roberto R. Romulo as Director     For       Against    Management
4c    Reelect Alvin Yeo Khirn Hai as Director   For       Against    Management
5     Reelect Antonio L. Go as Director         For       For        Management
6a    Reelect Wee Cho Yaw as Director           For       Against    Management
6b    Reelect John Gokongwei Jr. as Director    For       For        Management
6c    Reelect Tan Boon Teik as Director         For       Against    Management
6d    Reelect Gabriel C. Singson as Alternate   For       For        Management
      Director to Perry L. Pe
7     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
8     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
9     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

SINGAPORE POST LTD

Ticker:                      Security ID:  SG1N89910219
Meeting Date: JUN 30, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Mandate for Transactions with     For       For        Management
      Related Parties
2     Authorize Share Repurchase Program        For       For        Management


--------------------------------------------------------------------------------

SINGAPORE POST LTD

Ticker:                      Security ID:  SG1N89910219
Meeting Date: JUN 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.027 Per   For       For        Management
      Share
3     Reelect Tommie Goh Thiam Poh as Director  For       For        Management
4     Reelect Lee Hsien Yang as Director        For       For        Management
5     Reelect Phua Kok Kim as Director          For       For        Management
6     Reelect Lau Boon Tuan as Director         For       For        Management
7     Reelect Tan Yam Pin as Director           For       For        Management
8     Approve Directors' Fees of SGD 323,066    For       For        Management
      for the Year Ended Mar. 31, 2005 (2004:
      SGD 342,012)
9     Appoint Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
10    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
11    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Singapore Post
      Share Option Scheme


--------------------------------------------------------------------------------

SINGAPORE PRESS HOLDINGS LTD.

Ticker:                      Security ID:  SG1P66918738
Meeting Date: DEC 6, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final and Special Dividends of    For       For        Management
      SGD 0.10 Per Share and SGD 0.11 Per
      Share, Respectively
3a    Reappoint Lim Chin Beng as Director       For       For        Management
3b    Reappoint Lee Ek Tieng as Director        For       For        Management
4a    Reelect Cheong Choong Kong as Director    For       For        Management
4b    Reelect Yeo Ning Hong as Director         For       For        Management
4c    Reelect Cham Tao Soon as Director         For       For        Management
4d    Reelect Willie Cheng Jue Hiang as         For       For        Management
      Director
5     Approve Directors' Fees of SGD 787,500    For       For        Management
6     Appoint Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Other Business (Voting)                   For       Against    Management
8a    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
8b    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Share Option
      Scheme
8c    Authorize Share Repurchase Program        For       For        Management


--------------------------------------------------------------------------------

SINGAPORE TECHNOLOGIES ENGINEERING

Ticker:                      Security ID:  SG1F60858221
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare First and Final Dividend of SGD   For       For        Management
      0.040 Per Share and Special Dividend of
      SGD 0.0839 Per Share
3a    Reelect Tan Pheng Hock as Director        For       For        Management
3b    Reelect Philip Nalliah Pillai as Director For       For        Management
3c    Reelect Lucien Wong Yuen Kuai as Director For       For        Management
3d    Reelect Venkatachalam Krishnakumar as     For       For        Management
      Director
4     Approve Directors' Fees of SGD 406,750    For       For        Management
      for the Year Ended December 31, 2004
      (2003: SGD 361,959)
5     Reappoint Ernst & Young as Auditors and   For       For        Management
      Authorize Board to Fix Their Remuneration
6     Elect Lim Chin Beng as Director           For       For        Management
7     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
8     Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Singapore
      Technologies Engineering Share Option
      Plan, the Singapore Technologies
      Engineering Performance Share Plan, and
      the Singapore Technologies Engineering
      Restricted Stock Plan


--------------------------------------------------------------------------------

SINGAPORE TECHNOLOGIES ENGINEERING

Ticker:                      Security ID:  SG1F60858221
Meeting Date: MAR 31, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Share Repurchase Program        For       For        Management
2     Approve Mandate for Transactions with     For       For        Management
      Related Parties


--------------------------------------------------------------------------------

SINGAPORE TELECOMMUNICATIONS LTD.

Ticker:                      Security ID:  SG1A62000819
Meeting Date: JUL 29, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Participation by the Relevant     For       Against    Management
      Person in the Performance Share Plan
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles of Association             For       For        Management


--------------------------------------------------------------------------------

SINGAPORE TELECOMMUNICATIONS LTD.

Ticker:                      Security ID:  SG1A62000819
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.064 Per   For       For        Management
      Share
3     Reelect Paul Chan Kwai Wah as Director    For       For        Management
4     Reelect John Powell Morschel as Director  For       For        Management
5     Reelect Chumpol NaLamlieng as Director    For       For        Management
6     Reelect Jackson Peter Tai as Director     For       For        Management
7     Reelect Graham John Bradley as Director   For       For        Management
8     Reelect Deepak Parekhas Director          For       For        Management
9     Approve Directors' Fees of SGD 1.05       For       For        Management
      Million for the Year Ended Mar. 31, 2004
10    Appoint Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
11    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
12    Approve Issuance of Shares and Grant of   For       For        Management
      Options Pursuant to the Share Option
      Scheme 1999
13    Approve Issuance of Shares and Grant of   For       For        Management
      Options Pursuant to the Performance Share
      Plan


--------------------------------------------------------------------------------

SINGAPORE TELECOMMUNICATIONS LTD.

Ticker:                      Security ID:  SG1A62000819
Meeting Date: JUL 29, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Reduction in Stated Capital and   For       For        Management
      Share Premium Account


--------------------------------------------------------------------------------

SINO LAND COMPANY

Ticker:                      Security ID:  HK0083000502
Meeting Date: NOV 17, 2004   Meeting Type: Annual
Record Date:  NOV 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend                    For       For        Management
3a    Reelect Ng Chee Siong as Director         For       For        Management
3b    Reelect Paul Cheng Ming Fun as Director   For       For        Management
3c    Reelect Allan Zeman as Director           For       For        Management
3d    Authorize Board to Fix Directors'         For       For        Management
      Remuneration
4     Reappoint Deloitte Touche Tohmatsu as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5a    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5b    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
6     Adopt New Articles of Association         For       For        Management


--------------------------------------------------------------------------------

SINOPEC SHANGHAI PETROCHEMICAL CO. (FORMERLY SHANGHAI PETROCHEMICAL CO LTD)

Ticker:       SHI            Security ID:  CN0008871674
Meeting Date: JUN 28, 2005   Meeting Type: Special
Record Date:  MAY 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sales and Purchases Framework     For       Did Not    Management
      Agreement                                           Vote
2     Approve Comprehensive Services Framework  For       Did Not    Management
      Agreement                                           Vote
3     Approve Caps for Continuing Connected     For       Did Not    Management
      Transactions                                        Vote


--------------------------------------------------------------------------------

SINOPEC ZHENHAI REFINING & CHEMICAL CO LTD (FORMERLY ZHENHAI

Ticker:                      Security ID:  CN0008934001
Meeting Date: FEB 18, 2005   Meeting Type: Special
Record Date:  JAN 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Continuing Connected Transactions For       For        Management
      with a Related Party
2     Authorize the Executive Directors to Sign For       For        Management
      and Prepare All Necessary Documents and
      Take All Necessary Actions to Fulfill
      Obligations in Relation to the Connected
      Transactions Proposed Above


--------------------------------------------------------------------------------

SINOPEC ZHENHAI REFINING & CHEMICAL CO LTD (FORMERLY ZHENHAI

Ticker:                      Security ID:  CN0008934001
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  MAY 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Accept Report of the Supervisory          For       Did Not    Management
      Committee                                           Vote
3     Approve Profit Appropriation Proposal for For       Did Not    Management
      2004                                                Vote
4     Approve Resignation of Zhao Jinxuan as    For       Did Not    Management
      Executive Director of the Fourth Board of           Vote
      Directors
5     Approve Remuneration of Directors and     For       Did Not    Management
      Supervisors Representing Shareholders for           Vote
      the Year 2005
6     Approve KPMG as Auditors and Authorize    For       Did Not    Management
      Board to Fix Their Remuneration                     Vote


--------------------------------------------------------------------------------

SINOTRANS LIMITED

Ticker:                      Security ID:  CN0001729671
Meeting Date: JUN 6, 2005    Meeting Type: Annual
Record Date:  MAY 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      International Auditors and
      PricewaterhouseCoopers Zhong Tian CPAs
      Ltd. Co. as PRC Auditors and Authorize
      Board to Fix Their Remuneration
5     Authorize Directors to Recommend, Declare For       For        Management
      and Pay Interim or Special Dividends for
      the Year 2005
6     Approve Final Dividend                    For       For        Management
7     Amend Articles Re: Business Scope of the  For       For        Management
      Company


--------------------------------------------------------------------------------

SINOTRANS LIMITED

Ticker:                      Security ID:  CN0001729671
Meeting Date: SEP 27, 2004   Meeting Type: Special
Record Date:  AUG 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Lu Zhengfei as an Independent       For       For        Management
      Non-Executive Director
2     Amend Articles Re: Increase in Size of    For       For        Management
      Board from 11 to 12


--------------------------------------------------------------------------------

SKANDIA FORSAKRINGS AB(SKANDIA GROUP INSURANCE COMPANY LTD)

Ticker:                      Security ID:  SE0000113094
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:  APR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Karl-Erik Danielsson as Chairman of For       Did Not    Management
      Meeting                                             Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive Board and Remuneration Committee  None      Did Not    Management
      Reports                                             Vote
8     Receive Vice Chairman's and Audit         None      Did Not    Management
      Committee Reports                                   Vote
9     Receive President's Report                None      Did Not    Management
                                                          Vote
10    Allow Questions                           None      Did Not    Management
                                                          Vote
11    Receive Annual Report and Consolidated    None      Did Not    Management
      Financial Statements                                Vote
12    Receive Audit Report and Consolidated     None      Did Not    Management
      Audit Report; Receive Report on Work of             Vote
      Auditors
13    Accept Financial Statements and Statutory For       Did Not    Management
      Reports; Accept Consolidated Financial              Vote
      Statements and Statutory Reports
14    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 0.35 Per Share                     Vote
15    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
16    Receive Nominating Committee Report       None      Did Not    Management
                                                          Vote
17    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 1 Million for Chairman, SEK           Vote
      600,000 for Vice Chairman, and SEK
      300,000 for Other Directors; Approve
      Compensation for Committee Work in the
      Aggregate Amount of SEK 700,000
18    Determine Number of Members (8) of Board  For       Did Not    Management
                                                          Vote
19    Reelect Lennart Jeansson, Birgitta        For       Did Not    Management
      Johansson-Hedberg, Kajsa Lindstaahl, and            Vote
      Anders Ullberg as Directors; Elect
      Christer Gardell as New Director
20    Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
21    Determine Number of Auditors (2) and      For       Did Not    Management
      Deputy Auditors (0)                                 Vote
22    Ratify Svante Forsberg and Goeran         For       Did Not    Management
      Engquist as Auditors                                Vote
23.1  Receive Information About Investigation   None      Did Not    Management
      Concerning Damages Caused By Former                 Vote
      Directors
23.2A Approve Settlement Agreement Between      For       Did Not    Management
      Company and Former Chairman Lars Ramqvist           Vote
23.2B Shareholder Proposal: Assign Board to     Against   Did Not    Shareholder
      Initiate Lawsuit Against Former Chairman            Vote
      Lars Ramqvist
24.1  Shareholder Proposal: Initiate New        Against   Did Not    Shareholder
      Independent Investigation Into Bonus                Vote
      Scandal; Revise Current Compensation
      System
24.2  Shareholder Proposal: Greed Test For      Against   Did Not    Shareholder
      Directors                                           Vote
25    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

SKANDINAVISKA ENSKILDA BANKEN (SKANDINAVIA ENSKILDA BANK)

Ticker:                      Security ID:  SE0000148884
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Jacob Wallenberg as Chairman of     For       Did Not    Management
      Meeting                                             Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive Board and Committee Reports       None      Did Not    Management
                                                          Vote
8     Receive President's Report                None      Did Not    Management
                                                          Vote
9     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
10    Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
11    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 4.35 Per Share                     Vote
12    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
13    Receive Nominating Committee Report       None      Did Not    Management
                                                          Vote
14    Determine Number of Members (10) and      For       Did Not    Management
      Deputy Members (0) of Board                         Vote
15    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 6.1 Million;                Vote
      Approve Remuneration of Auditors
16    Reelect Hughes, Jansson, Johannesson,     For       Did Not    Management
      Koerber, Ovesen, Ros, Thunell (Until Jan.           Vote
      1, 2006), M. Wallenberg, J. Wallenberg,
      and Wiking as Directors; Elect Annika
      Falkengren as New Director from Jan. 1,
      2006
17    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
18    Approve Remuneration Policy And Other     For       Did Not    Management
      Terms of Employment For Executive                   Vote
      Management
19    Approve Long-Term Incentive Plan for Key  For       Did Not    Management
      Employees                                           Vote
20    Authorize Repurchase of Up to 1.4 Million For       Did Not    Management
      Class A Shares and Reissuance of 21.8               Vote
      Million Repurchased Class A Shares for
      Hedging Arrangement Against Financial
      Exposure Caused by Long-Term Incentive
      Plan (Item 19)
21    Authorize Reissuance of 2.4 Million       For       Did Not    Management
      Repurchased Class A Shares for Long-Term            Vote
      Incentive Plan (Item 19)
22    Authorize Reissuance of 21.8 Million      For       Did Not    Management
      Repurchased Class A Shares for 1999-2001            Vote
      Stock Option Plans
23    Approve SEK 174 Million Reduction in      For       Did Not    Management
      Share Capital via Share Cancellation                Vote
24    Authorize Repurchase of Up to Three       For       Did Not    Management
      Percent of Issued Share Capital and                 Vote
      Reissuance of Repurchased Shares
25    Authorize Repurchase of up to Three       For       Did Not    Management
      Percent of Issued Share Capital for                 Vote
      Equity Trading Purposes
26    Amend Articles Re: Updates to Conform to  For       Did Not    Management
      New Banking and Financing Business Act              Vote
27    Ratify Auditors for Foundations           For       Did Not    Management
      Administered by Bank                                Vote
28    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

SKANSKA AB

Ticker:                      Security ID:  SE0000113250
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive Chairman's and President's        None      Did Not    Management
      Reports                                             Vote
8     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive Audit                    Vote
      Committee Report
9     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
10    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 4 Per Share                        Vote
11    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
12    Amend Articles Re: Change Location of     For       Did Not    Management
      Registered Office from Malmoe to Solna;             Vote
      Specify that Audit Firm or Individual May
      be Appointed as Auditor; Editorial
      Changes
13    Determine Number of Members (9) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
14    Determine Number of Auditors (1 Auditing  For       Did Not    Management
      Company) and Deputy Auditors (0)                    Vote
15    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 4.1 Million;                Vote
      Approve Remuneration of Auditors
16    Reelect Roger Flanagan, Ulrika Francke,   For       Did Not    Management
      Jane Garvey, Stuart Graham, Soeren Gyll,            Vote
      Finn Johnsson, Sverker Martin-Loef, Arne
      Maartensson, and Anders Nyren as
      Directors
17    Ratify KPMG Bohlins as Auditors           For       Did Not    Management
                                                          Vote
18    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Five of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
19.1  Approve Share Award Plan for Key          For       Did Not    Management
      Employees                                           Vote
19.2  Create New Class of Shares (Class D       For       Did Not    Management
      Shares) in Connection with Share Award              Vote
      Plan (Item 19.1)
19.3  Approve Issuance of 4.5 Million Class D   For       Did Not    Management
      Shares to Industrivaerden AB in                     Vote
      Connection with Share Award Plan (Item
      19.1)
19.4  Authorize Repurchase of All Outstanding   For       Did Not    Management
      Class D Shares in Connection with Share             Vote
      Award Plan (Item 19.1)
19.5  Authorize Reissuance of Repurchased Class For       Did Not    Management
      D Shares to Key Employees for Share Award           Vote
      Plan (Item 19.1)
20    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

SKF AB

Ticker:       SKFRF          Security ID:  SE0000108227
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive Committee                Vote
      Reports; Receive Information about
      Remuneration Policy for Company
      Management
8     Receive President's Report                None      Did Not    Management
                                                          Vote
9     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
10    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 12 Per Share                       Vote
11    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
12    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 2.4 Million;                Vote
      Authorize Directors to Receive Cash Value
      Equivalent of Market Value of 300 Class B
      Shares Each (800 For Chairman); Approve
      Remuneration of SEK 300,000 for Committee
      Work
14    Reelect Anders Scharp, Soeren Gyll, Vito  For       Did Not    Management
      Baumgartner, Ulla Litzen, Clas Aake                 Vote
      Hedstroem, Tom Johnstone, and Winnie Kin
      Wah Fok as Directors; Elect Leif Oestling
      as New Director
15    Determine Number of Auditors (1) and      For       Did Not    Management
      Deputy Auditors (0)                                 Vote
16    Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
17    Ratify KPMG as Auditor                    For       Did Not    Management
                                                          Vote
18.1  Amend Articles Re: Decrease Par value     For       Did Not    Management
      from SEK 12.50 to SEK 2.50; Set Range for           Vote
      Minimum (SEK 1.1 Billion) and Maximum
      (SEK 4.4 Billion) Issued Share Capital;
      Authorize a New Share Class (Class C
      Shares)
18.2  Approve SEK 284.6 Million Reduction in    For       Did Not    Management
      Share Capital via Share Cancellation and            Vote
      Repayment to Shareholders (SEK 25 Per
      Share)
18.3  Approve Creation of SEK 284.6 Million     For       Did Not    Management
      Pool of Conditional Capital via Issuance            Vote
      of Class C Shares to Facilitate Reduction
      in Share Capital (Item 18.2)
18.4  Approve SEK 284.6 Million Reduction in    For       Did Not    Management
      Share Capital via Cancellation of Class C           Vote
      Shares and Repayment to Shareholders
19    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee


--------------------------------------------------------------------------------

SKYLARK CO. LTD.

Ticker:                      Security ID:  JP3396200002
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 10, Special JY 0
2     Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonus for Director     For       For        Management
5     Approve Special Payments to Continuing    For       For        Management
      Directors and Statutory Auditor in
      Connection with Abolition of Retirement
      Bonus System


--------------------------------------------------------------------------------

SLOUGH ESTATES PLC

Ticker:                      Security ID:  GB0008141045
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 9.85 Pence Per  For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Richard Kingston as Director     For       For        Management
5     Re-elect Stephen Howard as Director       For       For        Management
6     Re-elect Marshall Lees as Director        For       For        Management
7     Re-elect Paul Orchard-Lisle as Director   For       For        Management
8     Re-elect Lord MacGregor of Pulham Market  For       For        Management
      OBE as Director
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Approve EU Political Organisation         For       For        Management
      Donations and to Incur EU Political
      Expenditure up to GBP 20,000
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 5,242,679
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,242,679
14    Authorise 10 Percent of the Issued        For       For        Management
      Ordinary Shares for Market Purchase


--------------------------------------------------------------------------------

SMC CORP.

Ticker:                      Security ID:  JP3162600005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 19,
      Final JY 19, Special JY 62
2     Amend Articles to: Change Location of     For       For        Management
      Head Office - Authorize Public
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


--------------------------------------------------------------------------------

SMITH & NEPHEW PLC

Ticker:                      Security ID:  GB0009223206
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 3.2 Pence Per   For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect John Buchanan as Director        For       For        Management
5     Re-elect Brian Larcombe as Director       For       For        Management
6     Re-elect Pamela Kirby as Director         For       For        Management
7     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 32,717,742
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,728,869
11    Authorise 93,745,121 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

SMITHS GROUP PLC (FORMERLY SMITHS INDUSTRIES PLC)

Ticker:                      Security ID:  GB0008182700
Meeting Date: NOV 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 18.25 Pence Per For       For        Management
      Share
4     Re-elect Sir Nigel Broomfield as Director For       For        Management
5     Re-elect John Langston as Director        For       For        Management
6     Re-elect David Lillycrop as Director      For       For        Management
7     Re-elect Einar Lindh as Director          For       For        Management
8     Re-elect Alan Thomson as Director         For       For        Management
9     Elect Donald Brydon as Director           For       For        Management
10    Elect David Challen as Director           For       For        Management
11    Elect Peter Jackson as Director           For       For        Management
12    Elect Lord Robertson of Port Ellen as     For       For        Management
      Director
13    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
14    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 46,811,832
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,021,774
17    Authorise 56,174,198 Shares for Market    For       For        Management
      Purchase
18    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 100,000
19    Approve Smiths Group Performance Share    For       For        Management
      Plan
20    Approve Smiths Group Co-Investment Plan   For       For        Management


--------------------------------------------------------------------------------

SNAM RETE GAS

Ticker:                      Security ID:  IT0003153415
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends
3     Authorize Share Repurchase Program        For       For        Management
4     Authorize Reissuance of Treasury Shares   For       For        Management
      to Service Stock Option Plans
5     Authorize Reissuance of Treasury Shares   For       For        Management
      to Service Stock Option Grants


--------------------------------------------------------------------------------

SOCIEDAD GENERAL DE AGUAS DE BARCELONA

Ticker:                      Security ID:  ES0141330C19
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, Statutory Reports,
      and Discharge Management Board and
      Supervisory Board for Fiscal Year Ended
      12-31-04
2     Approve Allocation of Income and          For       For        Management
      Dividends for Fiscal Year Ended 12-31-04
3     Fix Number of and Elect Directors         For       For        Management
4     Approve Auditors                          For       For        Management
5     Increase Employees Responsible for        For       Against    Management
      Development and Execution of Increase of
      Capital Via Share Issuance for Stock
      Option Plan Approved in May 25, 2001
6     Authorize Share Repurchase Program        For       For        Management
7     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

SOCIETE BIC

Ticker:                      Security ID:  FR0000120966
Meeting Date: MAY 19, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.90 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 124,000
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Reappoint Deloitte & Associes as Auditor  For       For        Management
8     Reappoint Societe Beas as Alternate       For       For        Management
      Auditor
9     Appoint BDO Marque et Gendrot as Auditor  For       For        Management
10    Reappoint Patrick Giffaux as Alternate    For       For        Management
      Auditor
11    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
12    Approve Restricted Stock Plan             For       Against    Management
13    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SOCIETE GENERALE

Ticker:       SCGLY          Security ID:  FR0000130809
Meeting Date: MAY 9, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 3.3 per Share
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
4     Approve Special Auditors' Report          For       For        Management
      Regarding Absence Related-Party
      Transactions
5     Reelect Jean Azema as Director            For       For        Management
6     Reelect Elisabeth Lulin as Director       For       For        Management
7     Reelect Patrick Ricard as Director        For       For        Management
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9     Reduce Range of Board Size from 15 to 13  For       For        Management
      Board Members; Reduce Number of
      Representatives of Employee Shareholders
      From 3 to 2, and Allow Use of Electronic
      Voting for Elections of Representatives
      of Employee Shareholders
10    Amend Articles to Increase Shareholding   For       For        Management
      Disclosure Threshold from 0.5 Percent to
      1.5 Percent
11    Authorize Up to One Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
12    Authorize Capital Increase of Up to Ten   For       Against    Management
      Percent Of Issued Capital for Future
      Acquisitions
A     Shareholder Proposal: Amend Articles of   Against   For        Shareholder
      Association to Remove Voting Right
      Limitation of 15 Percent
13    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SODEXHO ALLIANCE SA

Ticker:                      Security ID:  FR0000121220
Meeting Date: FEB 8, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements,             For       For        Management
      Consolidated Accounts, and Discharge
      Directors
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.70 per Share
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
5     Reelect Paul Jeanbart as Director         For       For        Management
6     Reelect Francois Perigot as Director      For       For        Management
7     Reelect Mark Tompkins as Director         For       For        Management
8     Elect Patricia Bellinger as Director      For       For        Management
9     Elect Robert Baconnier as Director        For       For        Management
10    Elect Peter Thompson as Director          For       For        Management
11    Ratify PricewaterhouseCoopers Audit as    For       For        Management
      Auditor
12    Ratify Patrick Frotiee as Alternate       For       For        Management
      Auditor
13    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 450,000
14    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SOFTBANK CORP

Ticker:                      Security ID:  JP3436100006
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 7, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Against    Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       Against    Management
4.4   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

SOLVAY S.A.

Ticker:                      Security ID:  BE0003470755
Meeting Date: JUN 2, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' Report                 None      Did Not    Management
                                                          Vote
2.1   Authorize Capital Increase Up to EUR 25   For       Did Not    Management
      Million                                             Vote
2.2   Authorize Board to Repurchase Shares in   For       Did Not    Management
      the Event of a Public Tender Offer or               Vote
      Share Exchange Offer
2.3   Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
2.4   Reduce Directors' Terms from Six to Four  For       Did Not    Management
      Years                                               Vote
2.5   Amend Articles to Authorize the Creation  For       Did Not    Management
      of an Audit Committee                               Vote
2.6   Amend Article to Set Date of the Annual   For       Did Not    Management
      Shareholder Meeting on the 2nd Tuesday in           Vote
      May at 14:30
2.7   Amend Article Re: Convening General       For       Did Not    Management
      Meeting                                             Vote


--------------------------------------------------------------------------------

SOLVAY S.A.

Ticker:                      Security ID:  BE0003470755
Meeting Date: JUN 2, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' and Auditors' Reports  None      Did Not    Management
                                                          Vote
2     Receive Corporate Governance Report       None      Did Not    Management
                                                          Vote
3     Approve Financial Statements, Allocation  For       Did Not    Management
      of Income, and Dividends in the Amount of           Vote
      EUR 2.35 Per Share
4     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
5.1   Elect Christian Jourquin as Director      For       Did Not    Management
                                                          Vote
5.2   Elect Bernard de Laguiche as Director     For       Did Not    Management
                                                          Vote
5.3   Reelect Hubert de Wagen, Guy de Selliers  For       Did Not    Management
      de Moranville and Uwe-Ernst Bufe as                 Vote
      Directors
5.4   Confirm Hubert de Wagen, Guy de Selliers  For       Did Not    Management
      de Moranville and Uwe-Ernst Bufe as                 Vote
      Independent Directors
5.5   Confirm Whiston Sadler as Independent     For       Did Not    Management
      Director                                            Vote
6     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
7     Transact Other Business                   None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

SOMPO JAPAN INSURANCE INC. (FORMERLY YASUDA FIRE & MARINE INS.)

Ticker:                      Security ID:  JP3932400009
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 9, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditors


--------------------------------------------------------------------------------

SONIC HEALTHCARE LIMITED

Ticker:                      Security ID:  AU000000SHL7
Meeting Date: NOV 25, 2004   Meeting Type: Annual
Record Date:  NOV 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Philip Dubois as Director           For       For        Management
2     Elect Hugh Scotton as Director            For       For        Management
3     Approve Executive Incentive Plan for      For       For        Management
      Colin Goldschmidt
4     Approve Executive Incentive Plan for      For       For        Management
      Chris Wilks


--------------------------------------------------------------------------------

SONY CORP.

Ticker:       SNE            Security ID:  JP3435000009
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to Authorize Public        For       For        Management
      Announcements in Electronic Format
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management
4     Amend Articles to Require Disclosure of   Against   Against    Shareholder
      Individual Compensation Levels for Five
      Highest-Paid Directors


--------------------------------------------------------------------------------

SOUTHCORP LIMITED (FORMERLY SOUTHCORP HOLDINGS LTD.)

Ticker:                      Security ID:  AU000000SRP7
Meeting Date: OCT 28, 2004   Meeting Type: Annual
Record Date:  OCT 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Amend Constitution Re: Proxies            For       For        Management
3     Amend Constitution Re: Directors          For       Against    Management
      Retirement
4(a)  Elect M.A. Jackson as Director            For       For        Management
4(b)  Elect T.B. Finn as Director               For       For        Management
4(c)  Elect A.G. Oatley as Director             For       For        Management
4(d)  Elect R.I. Oatley as Director             For       For        Management


--------------------------------------------------------------------------------

SSAB SWEDISH STEEL

Ticker:                      Security ID:  SE0000171100
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:  APR 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Sven Unger as Chairman of Meeting   For       Did Not    Management
                                                          Vote
2     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive Board and                Vote
      Committee Reports; Receive President's
      Report
7.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
7.2   Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 7.50 Per Share                     Vote
7.3   Approve Record Date (April 27) for        For       Did Not    Management
      Dividend                                            Vote
7.4   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
8     Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
9     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 2.6 Million;                Vote
      Approve Remuneration for Audit Committee
      Work in the Amount of SEK 50,000 for Each
      Member; Approve Remuneration of Auditors
10    Reelect Carl Bennet, Anders Carlberg,     For       Did Not    Management
      Per-Olof Eriksson, Sverker Martin-Loef,             Vote
      Marianne Nivert, Anders Nyren, Matti
      Sundberg, and Anders Ullberg as Directors
11    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Between Three and Five           Vote
      of Company's Largest Shareholders to
      Serve on Nominating Committee
12.1  Amend Articles to Provide for Redemption  For       Did Not    Management
      Program and Capital Reduction Proposed              Vote
      Under Item 12.2
12.2  Approve Redemption Program for            For       Did Not    Management
      Shareholders and SEK 252.2 Reduction in             Vote
      Share Capital via Share Cancellation
13    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

STANLEY ELECTRIC CO. LTD.

Ticker:                      Security ID:  JP3399400005
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7,
      Final JY 9, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 468.201 Million to 750
      Million Shares - Abolish Retirement Bonus
      System - Authorize Public Announcements
      in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4     Approve Retirement Bonus for Director and For       Against    Management
      Special Payments to Continuing Directors
      and Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

STATOIL ASA

Ticker:                      Security ID:  NO0010096985
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Prepare and Approve List of Shareholders  For       For        Management
3     Elect Chairman of Meeting                 For       For        Management
4     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
5     Approve Notice of Meeting and Agenda      For       For        Management
6     Approve Financial Statements, Allocation  For       For        Management
      of Income, Ordinary Dividends of NOK
      3.20, and Special Dividends of NOK 2.10
      Per Share
7     Approve Remuneration of Auditors          For       For        Management
8     Authorize Repurchase of Issued Shares Up  For       Against    Management
      to NOK 10 Million Nominal Value for
      Employee Share Investment Plan


--------------------------------------------------------------------------------

STATS CHIPPAC

Ticker:                      Security ID:  SG1I04877995
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2a    Reelect Lim Ming Seong as Director        For       For        Management
2b    Reelect Tan Lay Koon as Director          For       For        Management
2c    Reelect Tay Siew Choon as Director        For       For        Management
3     Reelect Charles Richard Wofford as        For       Against    Management
      Director
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Directors' Fees of $500,067 for   For       For        Management
      the Financial Year Ended Dec 31, 2004
6a    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
6b    Approve Issuance of Securities and Shares For       For        Management
      Pursuant to the Issuance of Shares
      without Preemptive Rights
6c    Approve Issuance of Shares and Grant of   For       For        Management
      Options Pursuant to the STATS ChipPAC Ltd
      Substitute Share Purchase and Option Plan
      and the STATS ChipPAC Ltd Substitute
      Equity Incentive Plan
6d    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the STATS ChipPAC Ltd
      Share Option Plan
6e    Approve Issuance of Shares and Grant of   For       Against    Management
      Purchase Rights Pursuant to the STATS
      ChipPAC Ltd Employee Share Purchase Plan
      2004


--------------------------------------------------------------------------------

STMICROELECTRONICS N.V.

Ticker:       STM            Security ID:  NL0000226223
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3     Receive Report of Supervisory Board       None      None       Management
4.a   Approve Financial Statements and          For       For        Management
      Statutory Reports
4.b   Approve Allocation of Income and          For       For        Management
      Dividends of $0.12 Per Share
4.c   Approve Discharge of Management Board     For       For        Management
4.d   Approve Discharge of Supervisory Board    For       For        Management
5     Elect Carlo Bozotti as Sole Member of     For       For        Management
      Management Board
6.a   Elect Gerald Arbela to Supervisory Board  For       For        Management
6.b   Elect Matteo del Fante to Supervisory     For       For        Management
      Board
6.c   Elect Tom de Waard to Supervisory Board   For       For        Management
6.d   Elect Didier Lombard to Supervisory Board For       For        Management
6.e   Elect Bruno Steve to Supervisory Board    For       For        Management
6.f   Elect Antonio Turicchi to Supervisory     For       For        Management
      Board
6.g   Elect Douglas Dunn to Supervisory Board   For       For        Management
6.h   Elect Francis Gavois to Supervisory Board For       For        Management
6.i   Elect Robert White to Supervisory Board   For       For        Management
7     Ratify PricewaterhouseCoopers N.V. as     For       For        Management
      Auditors
8     Approve Remuneration Policy for           For       For        Management
      Management Board
9     Approve Remuneration of Supervisory Board For       For        Management
10    Amend Stock Option Plan                   For       Against    Management
11    Approve Stock-Based Compensation for      For       Against    Management
      Supervisory Board
12    Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
13    Tribute to Parting CEO Pasquale Pistorio  None      None       Management
      (Non-Voting)
14    Allow Questions                           None      None       Management
15    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

STOCKLAND CORPORATION LTD.(TRUST GROUP)

Ticker:                      Security ID:  AU0000SGPNA1
Meeting Date: OCT 26, 2004   Meeting Type: Annual
Record Date:  OCT 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2     Elect G.J. Bradley as Director            For       For        Management
3     Elect H.C. Thorburn as Director           For       For        Management
4     Elect N.F. Greiner as Director            For       For        Management
5     Approve Stockland Incentive Share Plan    For       For        Management
6     Adopt New Constitution                    For       For        Management
7     Approve Grant of 160,000 Stapled          For       For        Management
      Securities to Matthew Quinn, Managing
      Director Pursuant to Stockland Incentive
      Share Plan
8     Approve Grant of 90,000 Stapled           For       For        Management
      Securities to Hugh Thorburn, Finance
      Director Pursuant to Stockland Incentive
      Share Plan
9     Ratify Past Issuance of 39 Million        For       For        Management
      Stapled Securities on Feb. 27, 2004 at
      AUD 5.20 per Stapled Security


--------------------------------------------------------------------------------

STORA ENSO OYJ (FORMERLY ENSO OY)

Ticker:                      Security ID:  FI0009005961
Meeting Date: MAR 22, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditor's Report                  None      Did Not    Management
                                                          Vote
1.3   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.4   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.45 Per Share                     Vote
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Fix Number of Directors                   For       Did Not    Management
                                                          Vote
1.7   Fix Number of Auditors                    For       Did Not    Management
                                                          Vote
1.8   Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
1.9   Elect Gunnar Brock, Birgitta Kantola, and For       Did Not    Management
      Matti Vuoria as New Directors                       Vote
1.10  Ratify Auditors                           For       Did Not    Management
                                                          Vote
1.11  Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
2     Shareholder Proposal: Establish a         None      Did Not    Shareholder
      Nominating Committee                                Vote
3     Approve EUR 70.9 Million Reduction in     For       Did Not    Management
      Share Capital via Share Cancellation                Vote
4     Authorize Repurchase of Shares            For       Did Not    Management
                                                          Vote
5     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote
6     Shareholder Proposal: Wood Procurement    None      Did Not    Shareholder
      Policy                                              Vote


--------------------------------------------------------------------------------

STRAUMANN HOLDINGS AG

Ticker:                      Security ID:  CH0012280076
Meeting Date: MAR 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 2.00 per Share
4     Approve Discharge of Board of Directors   For       For        Management
5     Reelect Rudolf Maag, Sebastian            For       For        Management
      Burckhardt, and Juerg Morant as Directors
6     Ratify PriceWaterhouseCoopers as Auditors For       For        Management
7     Change Location of Registered             For       For        Management
      Office/Headquarters from Waldenburg to
      Basel, Switzerland
8     Amend Articles Re: Submission of          For       For        Management
      Shareholder Proposals and Voting
      Practices at Meetings


--------------------------------------------------------------------------------

SUEZ SA(FORMERLY SUEZ LYONNAISE DES EAUX)

Ticker:                      Security ID:  FR0000120529
Meeting Date: MAY 13, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.80 per Share
3     Approve Accounting Transfers From         For       For        Management
      Long-Term Capital Gains Account to
      Ordinary Reserve
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
6     Reelect Paul Demarais Jr as Director      For       For        Management
7     Reelect Gerard Mestrallet as Director     For       For        Management
8     Reelect Lord Simon of Highbury as         For       For        Management
      Director
9     Reelect Richard Goblet d'Alviella as      For       For        Management
      Director
10    Ratify Deloitte & Associes as Auditor     For       For        Management
11    Ratify Beas as Alternate Auditor          For       For        Management
12    Ratify Francis Gidoin as Alternate        For       For        Management
      Auditor
13    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
14    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
15    Approve Issuance of up to 15 Million      For       For        Management
      Shares to Spring Multiple 2005 SCA in
      Connection with Share Purchase Plan for
      Employees of International Subsidiaries
16    Authorize Up to Three Percent of Issued   For       Against    Management
      Capital for Use in Restricted Stock Plan
17    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SULZER AG

Ticker:                      Security ID:  CH0002376454
Meeting Date: APR 15, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 9.00 per Share
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4     Reelect Leonardo Vannotti and Thor        For       For        Management
      Hakstad as Directors
5     Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

SUMITOMO BAKELITE CO. LTD.

Ticker:                      Security ID:  JP3409400003
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 0
2     Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

SUMITOMO CHEMICAL CO. LTD.

Ticker:                      Security ID:  JP3401400001
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 2
2     Amend Articles to: Reduce Directors Term  For       For        Management
      in Office - Streamline Board Structure
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

SUMITOMO CORP.

Ticker:                      Security ID:  JP3404600003
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 7, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Directors Term in Office
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditors


--------------------------------------------------------------------------------

SUMITOMO ELECTRIC INDUSTRIES LTD.

Ticker:                      Security ID:  JP3407400005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 2 Billion to 3 Billion
      Shares - Abolish Retirement Bonus System
      - Authorize Board to Vary AGM Record Date
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System


--------------------------------------------------------------------------------

SUMITOMO METAL INDUSTRIES LTD.

Ticker:                      Security ID:  JP3402200004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 5, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 7 Billion to 10 Billion
      Shares - Authorize Share Repurchases at
      Board's Discretion - Authorize Board to
      Vary AGM Record Date
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

SUMITOMO METAL MINING CO. LTD.

Ticker:                      Security ID:  JP3402600005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 8, Special JY 0
2     Amend Articles to: Abolish Retirement     For       For        Management
      Bonus System
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

SUMITOMO REALTY & DEVELOPMENT CO. LTD.

Ticker:                      Security ID:  JP3409000001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 9, Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 780 Million Shares to 1.9
      Billion Shares - Set Maximum Board Size -
      Authorize Payment of Interim Dividends
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       Against    Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
4.3   Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

SUMITOMO TRUST & BANKING CO. LTD.

Ticker:                      Security ID:  JP3405000005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 12, Special JY 0
2     Amend Articles to: Decrease Authorized    For       Against    Management
      Capital to Reflect Preferred Share
      Repurchase - Clarify Director Authorities
      - Clarify Board's Authority to Vary AGM
      Record Date - Require Supermajority Vote
      to Remove Director
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Special Payments to Continuing    For       Against    Management
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System


--------------------------------------------------------------------------------

SUN HUNG KAI PROPERTIES LTD.

Ticker:                      Security ID:  HK0016000132
Meeting Date: DEC 9, 2004    Meeting Type: Annual
Record Date:  DEC 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend                    For       For        Management
3a1   Reelect Sze-yuen Chung as Director        For       For        Management
3a2   Reelect Fung Kwok-king, Victor as         For       For        Management
      Director
3a3   Reelect Po-shing Woo as Director          For       For        Management
3a4   Reelect Kwan Cheuk-yin, William as        For       For        Management
      Director
3a5   Reelect Dicky Peter Yip as Director       For       For        Management
3b    Fix Directors' Remuneration               For       For        Management
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Adopt New Articles of Association         For       For        Management


--------------------------------------------------------------------------------

SUNCORP-METWAY LIMITED (FORMERLY METWAY LTD.)

Ticker:                      Security ID:  AU000000SUN6
Meeting Date: OCT 27, 2004   Meeting Type: Annual
Record Date:  OCT 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect J.D. Story as Director              For       For        Management
2b    Elect M.D.E. Kriewaldt as Director        For       For        Management
3     Approve Remuneration of Directors in the  For       For        Management
      Amount of AUD 2,500,000


--------------------------------------------------------------------------------

SVENSKA CELLULOSA AB (SCA)

Ticker:       SCAPY          Security ID:  SE0000112724
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Elect Sven Unger Chairman   For       Did Not    Management
      of Meeting                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
7.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
7.2   Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 10.50 Per Share                    Vote
7.3   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
8     Determine Number of Members (7) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
9     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 3.3 Million;                Vote
      Approve Remuneration of Auditors
10    Reelect Rolf Boerjesson, Soeren Gyll, Tom For       Did Not    Management
      Hedelius, Sverker Martin-Loef, Anders               Vote
      Nyren, Indra Aasander, and Jan Aastroem
      as Directors
11    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Five of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
12    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

SVENSKA HANDELSBANKEN

Ticker:                      Security ID:  SE0000193120
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive Board's,                 Vote
      President's and Auditor's Reports
7     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
9     Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 6 Per Share                        Vote
10    Authorize Repurchase of Up to 40 Million  For       Did Not    Management
      Shares and Reissuance of Repurchased                Vote
      Shares
11    Authorize Repurchase of up to 2 Percent   For       Did Not    Management
      of Issued Share Capital for Trading                 Vote
      Purposes
12    Approve SEK 98.5 Million Reduction in     For       Did Not    Management
      Share Capital via Share Cancellation                Vote
13    Authorize Capitalization of Reserves for  For       Did Not    Management
      Increase in Par Value From SEK 4.15 to              Vote
      SEK 4.30
14    Amend Articles Re: Increase Par Value     For       Did Not    Management
      From SEK 4.15 to SEK 4.30; Updates to               Vote
      Conform to New Banking and Financing
      Business Act
15    Determine Number of Members (13) and      For       Did Not    Management
      Deputy Members (0) of Board                         Vote
16    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 6 Million;                  Vote
      Approve Remuneration of Auditors
17    Reelect Arne Maartensson (Chairman),      For       Did Not    Management
      Pirkko Alitalo, Fredrik Baksaas, Ulrika             Vote
      Boethius, Tommy Bylund, Goeran Ennerfelt,
      Lars Groenstedt, Sigrun Hjelmquist, Hans
      Larsson, Fredrik Lundberg, Sverker
      Martin-Loef, Anders Nyren, and Bente
      Rathe as Directors
18    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
19    Ratify Auditors for Foundations           For       Did Not    Management
      Administered by Bank                                Vote


--------------------------------------------------------------------------------

SWATCH GROUP (FORMERLY SMH SCHWEIZERISCHE GESELLSCHAFT )

Ticker:                      Security ID:  CH0012255144
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       Against    Management
      Dividends of CHF 0.35 per Registered
      Share and 1.75 per Bearer Share
4     Approve CHF 2 Million Reduction in Share  For       For        Management
      Capital via Cancellation of Shares
5     Elect Claude Nicollier as Director        For       For        Management
6     Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

SWEDISH MATCH AB

Ticker:                      Security ID:  SE0000310336
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive President's,             Vote
      Board, and Committee Reports
7     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8     Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 1.90 Per Share                     Vote
9     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees                                           Vote
10    Amend Articles Re: Set Range for Minimum  For       Did Not    Management
      (SEK 300 Million) and Maximum (SEK 1.2              Vote
      Billion) Issued Share Capital
11    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
12    Approve Reissuance of 907,408 Repurchased For       Did Not    Management
      Shares for 1999-2004 Stock Option Plans             Vote
13    Approve SEK 28.8 Million Reduction in     For       Did Not    Management
      Share Capital via Share Cancellation                Vote
14    Approve Reduction in Share Capital via    For       Did Not    Management
      Lowering of Par Value from SEK 2.40 to              Vote
      SEK 1.20
15    Approve SEK 114 Million Transfer of       For       Did Not    Management
      Reserves to Unrestricted Shareholders'              Vote
      Equity
16    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
17    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
18    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 750,000 for Chairman and              Vote
      SEK 300,000 for Other Directors; Approve
      Remuneration for Committee Work in the
      Aggregate Amount of SEK 400,000
19    Reelect Bernt Magnusson, Jan Blomberg,    For       Did Not    Management
      Tuve Johannesson, Arne Jurbrant, Karsten            Vote
      Slotte, and Meg Tiveus as Directors;
      Elect Sven Hindrikes and Kersti
      Strandqvist as New Directors
20    Approve Amendment of Instructions for     For       Did Not    Management
      Nomination Committee                                Vote
21    Elect Joachim Spetz, Marianne Nilsson,    For       Did Not    Management
      Carl Rosen, Pernilla Klein, and Bernt               Vote
      Magnusson as Members of Nominating
      Committee
22    Amend Articles Re: Stipulate that General For       Did Not    Management
      Meeting Approves Remuneration of                    Vote
      Chairman, Other Directors, and Committee
      Members, Respectively; Stipulate that
      Board Chairman Be Elected By General
      Meeting
23    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

SWIRE PACIFIC LIMITED

Ticker:                      Security ID:  HK0019000162
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Final Dividends                   For       For        Management
2a    Reelect M Cubbon as Director              For       For        Management
2b    Reelect Baroness Dunn as Director         For       For        Management
2c    Reelect C Lee as Director                 For       For        Management
2d    Elect M C C Sze as Director               For       For        Management
2e    Elect V H C Cheng as Director             For       For        Management
3     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

SWISS REINSURANCE  (SCHWEIZERISCHE RUECKVERSICHERUNGS)

Ticker:                      Security ID:  CH0012332372
Meeting Date: MAY 9, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.60 per Share
4.1.1 Reelect Thomas Bechtler as Director       For       For        Management
4.1.2 Reelect Benedict Hentsch as Director      For       For        Management
4.1.3 Elect Jakob Baer as Director              For       For        Management
4.2   Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

SWISSCOM AG

Ticker:                      Security ID:  CH0008742519
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends
3     Approve CHF 4.7 Million Reduction in      For       For        Management
      Share Capital via Cancellation of Shares
4     Approve Discharge of Board and Senior     For       For        Management
      Management
5.1   Reelect Markus Rauh as Director           For       For        Management
5.2.1 Reelect Francoise Demierre as Director    For       For        Management
5.2.2 Reelect Michel Gobet as Director          For       For        Management
5.2.3 Reelect Thorsten Kreindl as Director      For       For        Management
5.2.4 Reelect Richard Roy as Director           For       For        Management
5.2.5 Reelect Fides Baldesberger as Director    For       For        Management
5.2.6 Reelect Anton Scherrer as Director        For       For        Management
5.2.7 Reelect Othmar Vock as Director           For       For        Management
6     Ratify KPMG Klynveld Peat Marwick         For       For        Management
      Goerdeler SA as Auditors


--------------------------------------------------------------------------------

SYNGENTA AG

Ticker:                      Security ID:  CH0011037469
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and Omission For       For        Management
      of Dividends
4     Approve CHF 51.4 Million Reduction in     For       For        Management
      Share Capital via Cancellation of
      Repurchased Shares
5     Approve CHF 287.1 Million Reduction in    For       For        Management
      Share Capital via Repayment of CHF 2.70
      Nominal Value to Shareholders
6.1   Reelect Martin Taylor as Director         For       For        Management
6.2   Reelect Peter Thompson as Director        For       For        Management
6.3   Reelect Rolf Watter as Director           For       For        Management
6.4   Reelect Felix Weber as Director           For       For        Management
6.5   Elect Jacques Vincent as Director         For       For        Management
7     Ratify Ernst & Young AG as Auditors       For       For        Management


--------------------------------------------------------------------------------

SYNTHES INC

Ticker:       ICR            Security ID:  US87162M4096
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Report on the Business Year   For       Did Not    Management
      2004                                                Vote
2.1   Elect Director  Robert Bland              For       Did Not    Management
                                                          Vote
2.2   Elect Director  Roland Bronnimann         For       Did Not    Management
                                                          Vote
2.3   Elect Directors Allen Misher              For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote
4     Amend Certificate to Establish            For       Did Not    Management
      Restrictions on Stock Issuance                      Vote


--------------------------------------------------------------------------------

TABCORP HOLDINGS LTD

Ticker:                      Security ID:  AU000000TAH8
Meeting Date: NOV 29, 2004   Meeting Type: Annual
Record Date:  NOV 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2a    Reelect M.B. Robinson as Director         For       For        Management
2b    Reelect P.G. Satre as Director            For       For        Management
3a    Elect J.D. Story as Director              For       For        Management
3b    Elect L.J. Willett as Director            For       For        Management
4     Adopt New Constitution                    For       For        Management
5     Approve Financial Assistance from TAB Ltd For       For        Management
      to Tabcorp Investments to Acquire Shares
      in TAB Ltd
6     Approve Financial Assistance from         For       For        Management
      Jupiters Ltd to Tabcorp Investments to
      Acquire Shares in Jupiters Ltd


--------------------------------------------------------------------------------

TAIHEIYO CEMENT CORP.

Ticker:                      Security ID:  JP3449020001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 2.5, Special JY 0
2     Approve Reduction in Capital Reserves     For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

TAISEI CORP.

Ticker:                      Security ID:  JP3443600006
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2.5,
      Final JY 2.5, Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 1.145 Billion to 2.2 Billion
      Shares
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
4     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

TAISHO PHARMACEUTICAL CO. LTD.

Ticker:                      Security ID:  JP3442800003
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 25, Special JY 0
2     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Share Repurchase


--------------------------------------------------------------------------------

TAIYO YUDEN CO. LTD.

Ticker:                      Security ID:  JP3452000007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 0
2     Amend Articles to: Decresas Maximum Board For       For        Management
      Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
4     Approve Executive Stock Option Plan       For       Against    Management


--------------------------------------------------------------------------------

TAKARA HOLDINGS

Ticker:                      Security ID:  JP3459600007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 7.5, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 400 Million to 870 Million
      Shares - Authorize Public Announcements
      in Electronic Format
3     Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

TAKASHIMAYA CO. LTD.

Ticker:                      Security ID:  JP3456000003
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.75,
      Final JY 3.75, Special JY 0
2     Approve Payment of Annual Bonuses to      For       For        Management
      Directors and Statutory Auditors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

TAKEDA PHARMACEUTICAL CO. LTD.

Ticker:                      Security ID:  JP3463000004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 44,
      Final JY 44, Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 2.4 Billion to 3.5 Billion
      Shares - Set Maximum Number of Internal
      Auditors - Clarify Board's Authority to
      Vary AGM Record Date - Set Maximum Board
      Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

TAKEFUJI CORP.

Ticker:                      Security ID:  JP3463200000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 50,
      Final JY 50, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Maximum  Board Size - Clarify
      Director Authorities
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       Against    Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

TAKUMA CO. LTD.

Ticker:                      Security ID:  JP3462600002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 0
2     Amend Articles to: Authorize Appointment  For       For        Management
      of Alternate Statutory Auditors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Alternate Internal Statutory      For       For        Management
      Auditor
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


--------------------------------------------------------------------------------

TANDBERG ASA

Ticker:                      Security ID:  NO0005620856
Meeting Date: NOV 10, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Registration of             None      None       Management
      Shareholders Present
2     Elect Chairman of Meeting; Designate      For       For        Management
      Inspector or Shareholder
      Representative(s) of Minutes of Meeting
3     Approve Notice of Meeting and Agenda      For       For        Management
4     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

TATE & LYLE PLC

Ticker:       TATYY          Security ID:  GB0008754136
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 13.2 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Richard Delbridge as Director    For       For        Management
5     Re-elect Larry Pillard as Director        For       For        Management
6     Elect David Fish as Director              For       For        Management
7     Elect Evert Henkes as Director            For       For        Management
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise 48,300,520 Ordinary Shares for  For       For        Management
      Market Purchase
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 40,250,433
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,037,565
13    Amend Articles of Association Re:         For       For        Management
      Electronic Communication, CREST and
      Voting on a Poll


--------------------------------------------------------------------------------

TATNEFT OAO

Ticker:       TNT            Security ID:  03737P306
Meeting Date: NOV 6, 2004    Meeting Type: Special
Record Date:  OCT 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ON THE PAYMENT OF DIVIDENDS BASED ON THE  For       For        Management
      RESULTS OF NINE MONTHS OF 2004. APPROVAL
      OF THE AMOUNT OF DIVIDENDS, THE FORM AND
      DATE OF PAYMENT. DECISION: A) THE OAO
      TATNEFT PREFERRED SHARES IN THE AMOUNT OF
      100% OF THE NOMINAL VALUE; B) THE OAO
      TATNEFT ORDIN


--------------------------------------------------------------------------------

TAYLOR WOODROW PLC

Ticker:                      Security ID:  GB0008782301
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 8.1 Pence Per   For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Iain Napier as Director          For       For        Management
5     Re-elect Peter Johnson as Director        For       For        Management
6     Re-elect Andrew Dougal as Director        For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Amend Taylor Woodrow 2004 Performance     For       For        Management
      Share Plan
10    Authorise 58,555,012 Ordinary Shares as   For       For        Management
      the Fixed Limit of Shares Available under
      the Taylor Woodrow Employee Stock
      Purchase Plan
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 47,333,883
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,341,154
13    Authorise 58,729,236 Ordinary Shares for  For       For        Management
      Market Purchase
14    Amend Articles of Association Re:         For       For        Management
      Alternate Directors


--------------------------------------------------------------------------------

TDC A/S (FORMERLY TELE DANMARK)

Ticker:       TLD            Security ID:  DK0010253335
Meeting Date: MAR 17, 2005   Meeting Type: Annual
Record Date:  FEB 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       For        Management
2     Receive Report of Board                   None      None       Management
3     Receive and Accept Financial Statements   For       For        Management
      and Statutory Reports
4     Approve Discharge of Management and Board For       For        Management
5     Approve Allocation of Income              For       For        Management
6     Reelect Thorleif Krarup, Niels Heering,   For       For        Management
      Kurt Anker Nielsen, Christine Bosse,
      Preben Damgaard, and Per-Arne Sandstroem
      as Directors
7.1   Approve DKK 90.4 Million Reduction in     For       For        Management
      Share Capital via Share Cancellation
7.2   Amend Articles Re: Remove Ownership       For       For        Management
      Limitation
7.3   Amend Articles Re: Stipulate that AGM     For       For        Management
      Appoints One (Instead of Two) Auditor
7.4   Amend Articles Re: Stipulate that         For       For        Management
      Chairman be Elected by Board (Instead of
      General Meeting)
8     Ratify PriceWaterhouseCoopers as Auditors For       For        Management
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

TDC A/S (FORMERLY TELE DANMARK)

Ticker:       TLD            Security ID:  DK0010253335
Meeting Date: SEP 27, 2004   Meeting Type: Special
Record Date:  AUG 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2.1   Amend Articles Re: Stipulate that         For       Did Not    Management
      Chairman and Vice Chairman be Elected by            Vote
      Board (Instead of General Meeting)
2.2   Amend Articles Re: Delete Provisions      For       Did Not    Management
      Regarding Deputy Directors                          Vote
2.3   Amend Articles Re: Set Range for Minimum  For       Did Not    Management
      (6) and Maximum (8) Number of Board                 Vote
      Members
2.4   Amend Articles Re: Set Range for Minimum  For       Did Not    Management
      (2) and Maximum (4) Number of Members of            Vote
      Executive Committee
3     Elect Stine Bosse, Preben Damgaard, and   For       Did Not    Management
      Per-Arne Sandstroem as Directors                    Vote
4     Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TDK CORP.

Ticker:       TDK            Security ID:  JP3538800008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 40, Special JY 0
2     Approve Deep Discount Stock Option Plan   For       For        Management
3     Approve Executive Stock Option Plan       For       Against    Management
4     Authorize Share Repurchase Program        For       For        Management
5.1   Elect Director                            For       For        Management
5.2   Elect Director                            For       For        Management
5.3   Elect Director                            For       For        Management
5.4   Elect Director                            For       For        Management
5.5   Elect Director                            For       For        Management
5.6   Elect Director                            For       For        Management
5.7   Elect Director                            For       For        Management


--------------------------------------------------------------------------------

TECHNIP (FORMERLY TECHNIP-COFLEXIP)

Ticker:       TNHPY          Security ID:  FR0000131708
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 4-for-1 Stock Split; Amend        For       For        Management
      Articles Accordingly
2     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 37.5 Million; Set Global Limit for
      Capital Increase to Result from All
      Issuance Requests at EUR 75 Million
3     Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 37.5 Million
4     Authorize Board to Set Issue Price for    For       Against    Management
      Capital Increase of Up to Ten Percent
      Without Preemptive Rights
5     Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      Proposed in Issuance Authority Above
6     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
7     Authorize Capital Increase of Up to Ten   For       Against    Management
      Percent of Issued Capital for Future
      Exchange Offers
8     Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 75 Million for Bonus Issue or
      Increase in Par Value
9     Authorize Up to Three Percent of Issued   For       Against    Management
      Capital for Use in Restricted Stock Plan
10    Approve Stock Option Plan Grants          For       Against    Management
11    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
12    Approve Financial Statements and          For       For        Management
      Statutory Reports
13    Approve Allocation of Income and          For       For        Management
      Dividends of EUR 3.30 per Share
14    Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
15    Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
16    Approve Discharge of Directors            For       For        Management
17    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
18    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

TECHTRONIC INDUSTRIES

Ticker:                      Security ID:  HK0669013440
Meeting Date: JAN 3, 2005    Meeting Type: Special
Record Date:  DEC 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Conditional Stock Purchase by     For       For        Management
      Techtronic Industries Co. Ltd., Ryobi
      Technologies GmbH and Techtronic
      Industries North America, Inc. from Atlas
      Copco AB, Atlas Copco North America Inc.
      and Atlas Copco Hldg. GmbH


--------------------------------------------------------------------------------

TECHTRONIC INDUSTRIES

Ticker:                      Security ID:  HK0669013440
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:  MAY 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.125 Per    For       Against    Management
      Share
3a    Reelect Horst Julius Pudwill as Group     For       For        Management
      Executive Director
3b    Reelect Vincent Ting Kau Cheung as        For       For        Management
      Non-Executive Director
3c    Reelect Christopher Patrick Langley as    For       For        Management
      Independent Non-Executive Director
3d    Reelect Manfred Kuhlmann as Independent   For       For        Management
      Non-Executive Director
3e    Authorize Board to Fix the Remuneration   For       For        Management
      of Directors for 2005
4     Appoint Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Approve Issuance of Shares Pursuant to    For       Against    Management
      the Share Option Scheme


--------------------------------------------------------------------------------

TEIKOKU OIL CO. LTD.

Ticker:                      Security ID:  JP3540400003
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 4.5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

TELE CENTRO OESTE CELULAR PARTICIPACOES SA

Ticker:                      Security ID:  BRTCOCACNPR5
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
3     Capitalization Against the Income Reserve For       Did Not    Management
      for Expansion Account; Amend Art. 5                 Vote
      Accordingly
4     Approve 2005 Capital Budget               For       Did Not    Management
                                                          Vote
5     Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
6     Approve Aggregate Remuneration for        For       Did Not    Management
      Directors and Individual  Remuneration              Vote
      for Supervisory Board Members
7     Approve Terms and Conditions for the      For       Did Not    Management
      Cancelling of 5.78 Billion Common Shares            Vote
      Without a Capital Reduction; Reissue
      1.527 Million Common Shares and 2.087
      Million Preferred Shares, Remaining from
      the Company's Restructure Approved at the
      06-30-2004 EGM
8     Approve 3000:1 Reverse Stock Split        For       Did Not    Management
      Resulting in 129 Million  Shares of                 Vote
      Which,  43.15 Million Correspond to
      Common Shares and 85.735 Correspond to
      Preferred Shares; Amend Art. 5
      Accordingly
9     Amend Art.6 in Light of the Reverse Stock For       Did Not    Management
      Split                                               Vote
10    Amend Corporate Purpose                   For       Did Not    Management
                                                          Vote
11    Amend and Renumber Bylaws Without         For       Did Not    Management
      Modifying the Rights and/or Advantages              Vote
      Guaranteed to Preferred Shareholders
12    Consolidate Bylaws                        For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TELE NORTE LESTE PARTICIPACOES (TELEMAR)

Ticker:                      Security ID:  BRTNLPACNPR0
Meeting Date: APR 19, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Interest Over       For       Did Not    Management
      Capital Up to the Limit of BRL 400                  Vote
      Million for Fiscal Year 2005


--------------------------------------------------------------------------------

TELE2 AB (FORMERLY NETCOM AB)

Ticker:       TLTOA          Security ID:  SE0000314312
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
7     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8     Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 5 Per Share                        Vote
9     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
10    Determine Number of Members and Deputy    For       Did Not    Management
      Members of Board                                    Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 3.4 Million;                Vote
      Approve Remuneration of Auditors
12    Reelect Marc Beuls, Vigo Carlund, Sven    For       Did Not    Management
      Hagstroemer (Chairman), Jan Loeber, John            Vote
      Shareshaft, and Cristina Stenbeck as
      Directors; Elect John Hepburn as New
      Director
13    Authorize Cristina Stenbeck and           For       Did Not    Management
      Representatives of Three of Company's               Vote
      Largest Shareholders to Serve on
      Nominating Committee
14.1  Approve 4:1 Stock Split for Redemption    For       Did Not    Management
      Program                                             Vote
14.2  Amend Articles: Authorize a New Share     For       Did Not    Management
      Class (Class C Shares) for Redemption               Vote
      Program
14.3  Approve SEK 184.5 Million Reduction in    For       Did Not    Management
      Share Capital via Share Cancellation for            Vote
      Redemption Program
14.4  Approve Creation of SEK 184.5 Million     For       Did Not    Management
      Pool of Conditional Capital for Issuance            Vote
      of Class C Shares for Redemption Program
14.5  Approve SEK 184.5 Million Reduction in    For       Did Not    Management
      Share Capital via Cancellation of Class C           Vote
      Shares for Redemption Program
15    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TELECOM CORP. OF NEW ZEALAND

Ticker:       NZT            Security ID:  NZTELE0001S4
Meeting Date: OCT 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
2     Elect Rod McGeoch as Director             For       For        Management
3     Elect Michael Tyler as Director           For       For        Management
4     Elect Wayne Boyd as Director              For       For        Management
5     Elect Rob McLeod as Director              For       For        Management
6     Amend Constitution Re: Incorporation of   For       For        Management
      NZX Listing Rules by Reference and
      Provide for Changes to the Companies Act
      1993


--------------------------------------------------------------------------------

TELECOM ITALIA MOBILE

Ticker:                      Security ID:  IT0001052049
Meeting Date: APR 5, 2005    Meeting Type: Annual/Special
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement of the Company   For       For        Management
      Into Telecom Italia Spa
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Fix Number of Directors on the Board;     For       For        Management
      Elect Directors;  Determine Directors'
      Term and Remuneration
3     Appoint Internal Statutory Auditors;      For       For        Management
      Approve Remuneration of Auditors


--------------------------------------------------------------------------------

TELECOM ITALIA SPA.( FORMERLY OLIVETTI SPA )

Ticker:       TI             Security ID:  IT0003497168
Meeting Date: APR 7, 2005    Meeting Type: Annual/Special
Record Date:  APR 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Telecom Italia     For       For        Management
      Mobile Spa
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2.1   Fix Number of Directors on the Board      For       For        Management
2.2   Approve Remuneration of Directors         For       For        Management
2.3   Elect Two Directors on the Board          For       For        Management


--------------------------------------------------------------------------------

TELEFONICA S.A. (FORMERLY TELEFONICA DE ESPANA, S.A.)

Ticker:       TEF            Security ID:  ES0178430E18
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, Allocation of
      Income, and Discharge Directors
2     Approve Dividend                          For       For        Management
3     Approve Merger by Absorption of Terra     For       For        Management
      Networks
4     Elect Directors                           For       For        Management
5     Approve Auditors                          For       For        Management
6     Authorize Share Repurchase Program        For       For        Management
7     Approve Reduction in Stated Capital       For       For        Management
8     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

TELEKOM AUSTRIA

Ticker:                      Security ID:  AT0000720008
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
4     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote
6     Amend Articles to Change Size of          For       Did Not    Management
      Supervisory Board and Establish Mandatory           Vote
      Retirement Age of 65 Years
7     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
8     Receive Report Regarding Share Repurchse  None      Did Not    Management
      Scheme                                              Vote
9     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote


--------------------------------------------------------------------------------

TELEKOM MALAYSIA BERHAD

Ticker:                      Security ID:  MYL4863OO006
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve Tax Exempt Final Dividend of MYR  For       For        Management
      0.20 Per Share for the Financial Year
      Ended Dec. 31, 2004
3     Elect Nur Jazlan Tan Sri Mohamed as       For       Against    Management
      Director
4     Elect Azman Mokhtar as Director           For       For        Management
5     Elect Abdul Wahid Omar as Director        For       For        Management
6     Elect Haji Abd. Rahim Haji Abdul as       For       Against    Management
      Director
7     Elect Abdul Rahim Haji Daud as Director   For       For        Management
8     Approve Remuneration of Directors for the For       For        Management
      Financial Year Ended Dec. 31, 2004
9     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
10    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital


--------------------------------------------------------------------------------

TELEKOM MALAYSIA BERHAD

Ticker:                      Security ID:  MYL4863OO006
Meeting Date: MAY 17, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Call and Put Option Which         For       For        Management
      Requires or Entitles the Acquisition by
      TM International (L) Ltd of Up to an
      Additional 52.7 Percent Equity Interest
      in PT Excelcomindo Pratama for a Cash
      Consideration of Up to $606.1 Million
2     Approve Listing of MTM Networks (Private) For       For        Management
      Ltd, the Company's Wholly-Owned
      Subsidiary, on the the Colombo Stock
      Exchange
3     Amend the Existing Bye-Laws Governing the For       Against    Management
      Company's Employees' Share Option Scheme
      in the Form and Manner as Set Out in
      Appendix IV of the Circular to
      shareholders Dated April 25, 2005
4     Approve Grant of Options to Abdul Wahid   For       Against    Management
      Omar to Subscribe for Up to 1.2 Million
      Ordinary Shares in Telekom Malaysia Bhd
1     Amend Articles of Association in the Form For       For        Management
      and Manner as Set Out in Appendix VI of
      the Circular to Shareholders Dated April
      25, 2005


--------------------------------------------------------------------------------

TELENOR ASA

Ticker:                      Security ID:  NO0010063308
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Notice of Meeting                 For       For        Management
2     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
3     Approve Financial Statements, Allocation  For       For        Management
      of Income and Dividends of NOK 1.50 Per
      Share
4     Approve Remuneration of Auditors          For       For        Management
5     Approve NOK 263.2 Million Reduction in    For       For        Management
      Share Capital via Share Cancellation;
      Approve Repurchase of 23.7 Million Shares
      from the Kingdom of Norway; Approve
      Transfer of NOK 893 Million from Share
      Premium Reserve to Other Equity
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Elect Jan-Erik Korssjoen, Randi Braathe,  For       For        Management
      Jostein Devold, Rune Selmar, Hans Olav
      Karde, Nils-Edvard Olsen, Signe
      Ritterberg, Stener Lium, Hanne Harlem,
      and Marianne Lie as Members of Corporate
      Assembly; Elect Three Deputy Members of
      Corporate Assembly
8     Approve Remuneration of Members of        For       For        Management
      Corporate Assembly in the Amount of NOK
      75,000 for Chairman, NOK 35,000 for
      Deputy Chairman, NOK 25,000 for Other
      Members Per Year, and NOK 6,000 for
      Deputy Members Per Meeting
9     Reelect Reier Soeberg and Erik Must as    For       For        Management
      Members of Nominating Committee


--------------------------------------------------------------------------------

TELESP CELULAR  PARTICIPACOES S/A

Ticker:                      Security ID:  BRTSPPACNPR0
Meeting Date: APR 1, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
3     Approve Aggregate Remuneration for        For       Did Not    Management
      Directors and Individual  Remuneration              Vote
      for Supervisory Board Members
4     Ratify the Amendment to Art. 5 of the     For       Did Not    Management
      Bylaws to Reflect Increase in Capital               Vote
5     Approve 2500:1 Reverse Stock Split        For       Did Not    Management
      Resulting in 633 Million  Shares, of                Vote
      Which 221 Million Correspond to Common
      Shares and 412 Million Correspond to
      Preferred Shares; Consequent Amendment to
      Art. 5
6     Amend Art. 4 Re: Authorized Capital Limit For       Did Not    Management
      in Light of the Proposal in Item 5                  Vote


--------------------------------------------------------------------------------

TELEVISION BROADCAST LTD.

Ticker:                      Security ID:  HK0511001957
Meeting Date: MAR 21, 2005   Meeting Type: Special
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition by Countless          For       For        Management
      Entertainment (Taiwan) Co. Ltd., an
      Indirect Wholly Owned Subsidiary of
      Television Broadcast Ltd., of 30 Percent
      of the Issued Capital of Liann Yee
      Production Co. Ltd. for an Aggregate
      Consideration of NTD 900 Million
2     Approve Extension of the Closing Period   For       For        Management
      for the Company's Register of Members
      from 30 Days to 60 Days During the
      Calendar Year 2005


--------------------------------------------------------------------------------

TELEVISION BROADCAST LTD.

Ticker:                      Security ID:  HK0511001957
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAY 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.8 Per      For       For        Management
      Share
3a1   Reelect Chien Lee as Director             For       For        Management
3a2   Reelect Louis Page as Director            For       For        Management
3a3   Reelect Chow Yei Ching as Director        For       For        Management
3b    Fix the Remuneration of Directors         For       For        Management
4     Appoint PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5a    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5b    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

TELEVISION BROADCAST LTD.

Ticker:                      Security ID:  HK0511001957
Meeting Date: MAY 25, 2005   Meeting Type: Special
Record Date:  MAY 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Continuing Connected Transactions For       For        Management
      and Annual Caps


--------------------------------------------------------------------------------

TELEVISION FRANCAISE 1

Ticker:                      Security ID:  FR0000054900
Meeting Date: APR 12, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.65 per Share
5     Approve Accounting Transfers From         For       For        Management
      Long-Term Capital Gains Account to Other
      Reserves
6     Receive Special Auditors' Report          For       For        Management
      Regarding Stock Option Grants
7     Approve Chairman's and Auditor's Special  For       For        Management
      Reports on Internal Board Procedures
8     Approve Report Regarding Past Share       For       For        Management
      Purchases and Cancellations of
      Repurchased Shares
9     Reelect Patricia Barbizet as Director     For       For        Management
10    Reelect Martin Bouygues as Director       For       For        Management
11    Reelect Claude Cohen as Director          For       For        Management
12    Reelect Patrick Le Lay as Director        For       For        Management
13    Reelect Philippe Montagner as Director    For       For        Management
14    Reelect Etienne Mougeotte as Director     For       For        Management
15    Reelect Olivier Poupart Lafarge as        For       For        Management
      Director
16    Reelect Haim Saban as Director            For       For        Management
17    Elect Olivier Bouygues as Director to     For       For        Management
      Replace Michel Derbesse
18    Ratify Cabinet Salustro-Reydel as Auditor For       For        Management
19    Ratify Michel Savioz as Alternate Auditor For       For        Management
20    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
21    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
22    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 120 Million
23    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 1 Billion for Bonus Issue or
      Increase in Par Value
24    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 120 Million
25    Authorize Board to Set Issue Price for    For       Against    Management
      Ten Percent of Issued Capital Pursuant to
      Issue Authority without Preemptive Rights
26    Authorize Capital Increase of Up to Ten   For       Against    Management
      Percent of Issued Capital for Future
      Exchange Offers
27    Authorize Capital Increase of Up to EUR   For       Against    Management
      120 Million for Future Exchange Offers
28    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      Proposed in Items 22 and 24
29    Authorize Issuance of Securities          For       Against    Management
      Convertible Into Debt
30    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
31    Approve Capital Increase of Up to Ten     For       Against    Management
      Percent of Issued Capital for Use in
      Restricted Stock Plan
32    Approve Stock Option Plan Grants          For       Against    Management
33    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

TELIASONERA AB (FORMERLY TELIA AB)

Ticker:       TLSNY          Security ID:  SE0000667925
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Sven Unger as Chairman of Meeting   For       Did Not    Management
                                                          Vote
2     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Receive Consolited Financial Statements   None      Did Not    Management
      and Statutory Reports; Receive                      Vote
      President's Report
7     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8     Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 1.20 Per Share                     Vote
9     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
10    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 750,000 for Chairman, SEK             Vote
      550,000 for Deputy Chairman, and SEK
      400,000 for Other Board Members; Approve
      Remuneration of Audit Committee
12    Reelect Carl Bennet, Eva Liljeblom,       For       Did Not    Management
      Lennart Laaftman, Sven-Christer Nilsson,            Vote
      Timo Peltola, Paul Smits, Caroline
      Sundewall, and Tom von Weymarn as
      Directors
13    Elect Tom von Weymarn as Chairman and     For       Did Not    Management
      Carl Bennet as Deputy Chairman of Board             Vote
      of Directors
14    Authorize Share Repurchase Program; Allow For       Did Not    Management
      Company to Acquire a Maximum of 187                 Vote
      Million Shares From TeliaSonera
      Shareholders
15    Approve Reduction in Share Premium        For       Did Not    Management
      Account by SEK 52.7 Billion                         Vote
16    Shareholder Proposal: Authorize General   None      Did Not    Shareholder
      Meeting to Elect Members (5 to 7) of                Vote
      Election Committee Including Chairman of
      the Board, Four Representatives of
      Company's Largest Shareholders, and Two
      Other Members
17    Shareholder Proposal: Authorize Board to  None      Did Not    Shareholder
      Pay Compensation to Former Management               Vote
      Team of Sonera Corporation U.S.


--------------------------------------------------------------------------------

TELSTRA  CORP.

Ticker:                      Security ID:  AU000000TLS2
Meeting Date: OCT 28, 2004   Meeting Type: Annual
Record Date:  OCT 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Chairman and CEO Presentations            None      None       Management
2     Accept Financial Statements and Statutory None      None       Management
      Reports
3a    Elect Charles Macek as Director           For       For        Management
3b    Elect Leonard Cooper as Director          Against   Against    Shareholder
3c    Elect Paul Higgins as Director            Against   Against    Shareholder
3d    Elect Mervyn Vogt as Director             Against   Against    Shareholder
3e    Elect Megan Cornelius as Director         Against   Against    Shareholder
3f    Elect Ange Kenos as Director              Against   Against    Shareholder
3g    Elect Belinda Hutchinson as Director      For       For        Management


--------------------------------------------------------------------------------

TENAGA NASIONAL

Ticker:                      Security ID:  MYL5347OO009
Meeting Date: DEC 23, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Aug.
      31, 2004
2     Approve Final Dividend of MYR0.10 Per     For       For        Management
      Share and Special Dividend of MYR0.04 for
      the Financial Year Ended Aug. 31, 2004
3     Approve Remuneration of Directors for the For       For        Management
      Financial Year Ended Aug. 31, 2004
4     Elect Hari Narayanan a/l Govindasamy as   For       For        Management
      Director
5     Elect Amar Leo Moggie as Director         For       For        Management
6     Elect Azman bin Mokhtar as Director       For       For        Management
7     Elect Mohd Zaid bin Ibrahim as Director   For       Against    Management
8     Elect Che Khalib bin Mohamad Noh as       For       For        Management
      Director
9     Elect Abdul Rahim bin Mokti as Director   For       For        Management
10    Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
11    Approve Issuance of Shares Pursuant to    For       Against    Management
      Employees' Share Option Scheme II
12    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
13    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with YTL Power International
      Bhd
14    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Ranhill Power Bhd
15    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Edaran Otomobil
      Nasional Bhd
16    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Petronas Gas Bhd
17    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Petronas Dagangan Bhd
18    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Malaysia International
      Shipping Corporation Bhd
19    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Petronas Carigali Sdn
      Bhd
20    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Misc Trucking &
      Warehousing Sdn Bhd
21    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Gas District Cooling
      Sdn Bhd
22    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Polyethylene Malaysia
      Sdn Bhd


--------------------------------------------------------------------------------

TERUMO CORP.

Ticker:                      Security ID:  JP3546800008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 8,
      Final JY 12, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Against    Management
      - Increase Authorized Capital from 500
      Million to 840 Million Shares - Decrease
      Maximum Board Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

TESCO PLC

Ticker:                      Security ID:  GB0008847096
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 5.27 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Rodney Chase as Director         For       For        Management
5     Re-elect Sir Terry Leahy as Director      For       For        Management
6     Re-elect Tim Mason as Director            For       For        Management
7     Re-elect David Potts as Director          For       For        Management
8     Elect Karen Cook as Director              For       For        Management
9     Elect Carolyn McCall as Director          For       For        Management
10    Reappoint PricewaterhouseCooopers LLP as  For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Increase in Authorised Capital    For       For        Management
      from GBP 530,000,000 to GBP 535,000,000
13    Approve Scrip Dividend Program            For       For        Management
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 129,200,000
15    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 19,470,000
16    Authorise 778,700,000 Ordinary Shares for For       For        Management
      Market Purchase
17    Authorise the Company to Make EU          For       For        Management
      Political Organisation Donations up to
      GBP 100,000 and to Incur EU Political
      Expenditure up to GBP 100,000
18    Authorise Tesco Stores Ltd. to Make EU    For       For        Management
      Political Organisation Donations up to
      GBP 100,000 and Incur EU Political
      Expenditure up to GBP 100,000
19    Authorise Tesco Ireland Ltd. to Make EU   For       For        Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
20    Authorise Tesco Vin Plus S.A. to Make EU  For       For        Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
21    Authorise Tesco Stores CR a.s. to Make EU For       For        Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
22    Authorise Tesco Stores SR a.s. to Make EU For       For        Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
23    Authorise Tesco Global Rt to Make EU      For       For        Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
24    Authorise Tesco Polska Sp z.o.o. to Make  For       For        Management
      EU Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000


--------------------------------------------------------------------------------

THALES SA (FORMERLY THOMSON-CSF)

Ticker:                      Security ID:  FR0000121329
Meeting Date: MAY 17, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.80 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5a    Elect Jean-Pierre Appel as Employee       None      Against    Management
      Shareholder Representative
5b    Elect Pierre Lafourcade as Employee       None      Against    Management
      Shareholder Representative
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
8     Authorize Up to 0.75 Percent of Issued    For       Against    Management
      Capital for Use in Restricted Stock Plan
9     Approve Stock Option Plan Grants          For       Against    Management
10    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
11    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

THK CO. LTD.

Ticker:                      Security ID:  JP3539250005
Meeting Date: JUN 18, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.5,
      Final JY 10.5, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Alternate Internal Statutory      For       For        Management
      Auditor
5     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

THOMSON (FORMERLY THOMSON MULTIMEDIA)

Ticker:                      Security ID:  FR0000184533
Meeting Date: MAY 10, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.285 per Share
4     Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
5     Reelect Christian Blanc as Director       For       For        Management
6     Reelect Marcel Roulet as Director         For       For        Management
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Cancel Outstanding Authority Granted      For       For        Management
      September 2000 to Issue Bonds/Debentures
9     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
10    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 250 Million; Approve Global Limit of
      EUR 300 Million
12    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 250 Million
13    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 250 Million Million for Bonus
      Issue or Increase in Par Value
14    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      Proposed in Issuance Authority Above
15    Approve Capital Reserved for Employees    For       For        Management
      Participating in Savings-Related Share
      Purchase Plan
16    Approve Stock Option Plan Grants          For       For        Management
17    Authorize Up to 1.5 Percent of Issued     For       Against    Management
      Capital For Use in Restricted Stock Plan


--------------------------------------------------------------------------------

THOMSON (FORMERLY THOMSON MULTIMEDIA)

Ticker:                      Security ID:  FR0000184533
Meeting Date: SEP 7, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Issuance of Subordinated Bonds  For       For        Management
      in the Aggregate Value of $499.9 Million,
      Convertible Into 23.08 Million Shares, to
      SLP I TSA LLC, SLP II TSA LLC, and SLP
      AFL TSA LLC
2     Approve Issuance of Warrants to Subscribe For       For        Management
      to Up to 15 Million Newly Issued Shares
      or to Purchase Existing Shares to
      Beneficiaries to Be Determined by the
      Board
3     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
4     Appoint David Roux as Director, Subject   For       For        Management
      to Approval of Item 1 Above
5     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

TI AUTOMOTIVE LTD.

Ticker:                      Security ID:  GB0030675291
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Re-elect John Harris as Director          For       For        Management
3     Re-elect Christopher Kinsella as Director For       Against    Management
4     Re-elect William Laule as Director        For       Against    Management
5     Re-elect Bernard Taylor as Director       For       For        Management
6     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors


--------------------------------------------------------------------------------

TIETOENATOR CORP (FORMERLY TT TIETO OY )

Ticker:                      Security ID:  FI0009000277
Meeting Date: MAR 17, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
1.3   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.4   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1 Per Share                        Vote
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
1.7   Fix Number of Directors at 7              For       Did Not    Management
                                                          Vote
1.8   Reelect Bengt Halse, Kalevi Kontinen,     For       Did Not    Management
      Matti Lehti, Olli Martikainen, Olli                 Vote
      Riikkala, and Anders Ullberg as
      Directors; Elect Mariana Burenstam Linder
      as New Director
1.9   Reelect Tomi Englund, APA and Enrnst &    For       Did Not    Management
      Young as Auditors; Reelect Erkka                    Vote
      Talvinko, APA and Jan Ronnberg, APA as
      Deputy Auditors
2     Approve EUR 4.14 Million Reduction in     For       Did Not    Management
      Share Capital via Share Cancellation                Vote
3     Authorize Repurchase of Up to Five        For       Did Not    Management
      Percent of Issued Share Capital (10                 Vote
      Percent Subject to Pending Legislation)
4     Approve Creation of Pool of Conditional   For       Did Not    Management
      Capital without Preemptive Rights Up to             Vote
      20 Percent of Issued Share Capital


--------------------------------------------------------------------------------

TIETOENATOR CORP (FORMERLY TT TIETO OY )

Ticker:                      Security ID:  FI0009000277
Meeting Date: NOV 25, 2004   Meeting Type: Special
Record Date:  NOV 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Dividends of EUR 0.50 Per Share   For       For        Management
      for Fiscal Year 2003


--------------------------------------------------------------------------------

TIS INC. (FRM. TOYO INFORMATION  SYSTEMS)

Ticker:                      Security ID:  JP3612800007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 17, Special JY 0
2     Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditor
5     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

TISCALI SPA

Ticker:                      Security ID:  IT0001453924
Meeting Date: APR 30, 2005   Meeting Type: Annual/Special
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Fix Number of Directors on the Board;     For       For        Management
      Elect Directors;  Determine Directors'
      Term and Remuneration
3     Elect External Auditors for the           For       For        Management
      Three-Year Term 2005-2007; Fix Auditors'
      Remuneration
1     Amend Articles Re: Meeting Announcements  For       Against    Management
      and General Shareholder Meetings
2     Approve Issuance of Up to 3.5 Million     For       For        Management
      Shares for a Private Placement in Favor
      of Neue Medien Ulm Holding GmbH


--------------------------------------------------------------------------------

TISCALI SPA

Ticker:                      Security ID:  IT0001453924
Meeting Date: MAY 16, 2005   Meeting Type: Special
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Meeting Announcements  For       Against    Management
      and General Shareholder Meetings
2     Approve Issuance of up to 3.5 Million     For       For        Management
      Shares for a Private Placement in Favor
      of Neue Medien Ulm Holding GmbH


--------------------------------------------------------------------------------

TISCO BANK PUBLIC CO. LTD. (FORMERLY TISCO FINANCE PCL (THAI

Ticker:                      Security ID:  TH0597010014
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Dividend For       For        Management
      of Baht 2.30 per Share for Preferred
      Shareholders and Baht 1.30 per Share for
      Common Shareholders
5     Elect Directors                           For       For        Management
6     Elect New Directors                       For       For        Management
7     Approve Remuneration of Directors         For       For        Management
8     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
9     Approve the Re-Allotment of 638,000 Units For       Against    Management
      of Warrants Returned by Resigned
      Employees Under Employee Stock Option
      Program
10.1  Amend Memorandum of Association           For       For        Management
10.2  Amend Articles of Association             For       For        Management
10.3  To Conduct Commercial Banking Operation   For       For        Management
      and to Return the Finance Business
      License of TISCO Finance Public Company
      Limited to the Ministry of Finance
11    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

TITAN CEMENT CO

Ticker:                      Security ID:  GRS074083007
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual and Consolidated        For       Did Not    Management
      Financial Statements                                Vote
2     Accept Individual and Consolidated        For       Did Not    Management
      Statutory Reports                                   Vote
3     Approve Discharge of Board and Auditors   For       Did Not    Management
      for 2004                                            Vote
4     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
5     Approve Principal and Substitute Auditors For       Did Not    Management
      and Authorize Board to Fix Their                    Vote
      Remuneration
6     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TNT N.V.(FRMELY TPG AND TNT POST GROUP NV)

Ticker:       TP             Security ID:  NL0000009058
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3     Discussion on Annual Report 2004 and      None      None       Management
      Supervisory Board's Report
4     Discussion about Company's Corporate      None      None       Management
      Governance Report
5a    Approve Financial Statements and          For       For        Management
      Statutory Reports
5b    Approve Total Dividend of EUR 0.57 Per    For       For        Management
      Ordinary Share
5c    Approve Discharge of Management Board     For       For        Management
5d    Approve Discharge of Supervisory Board    For       For        Management
6     Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Management Board
      Members
7     Approve Remuneration of Supervisory Board For       For        Management
8     Reelect H.M. Koorstra to Management Board For       For        Management
9a    Announce Vacancies on Supervisory Board   None      None       Management
9b    Opportunity to Recommend Persons for      None      None       Management
      Appointment to Supervisory Board
9c    Announcement by Supervisory Board of      None      None       Management
      J.H.M. Hommen, G. Monnas, and S. Levy
      Nominated for Appointment
9d    Elect J.H.M. Hommen, G. Monnas, and S.    For       For        Management
      Levy to Supervisory Board
9e    Announce Expected Vacancies on            None      None       Management
      Supervisory Board in 2006
10a   Grant Board Authority to Issue Ordinary   For       Against    Management
      Shares Up to 10 Percent of Issued Share
      Capital (20 Percent in Connection with
      Merger or Acquisition)
10b   Authorize Board to Restrict/Exclude       For       For        Management
      Preemptive Rights from Issuance Under
      Item 10a
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Approve Reduction of Share Capital via    For       For        Management
      Cancellation of 20.7 Million Ordinary
      Shares
13    Amend Articles in Respect to Amendments   For       For        Management
      to Book 2 of Dutch Civil Code in
      Connection with Adjustment to Large
      Companies Regime Act; Change Company Name
      to TNT N.V; Approve Technical Amendments
14    Allow Questions                           None      None       Management
15    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

TOBU RAILWAY CO. LTD.

Ticker:                      Security ID:  JP3597800006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2.5,
      Final JY 2.5, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

TOHO CO. LTD. (9602)

Ticker:                      Security ID:  JP3598600009
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 10
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

TOHOKU ELECTRIC POWER CO. INC.

Ticker:                      Security ID:  JP3605400005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 25, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Streamline Board Structure
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors and Special
      Payment for Family of Deceased Statutory
      Auditor
6     Approve Alternate Income Allocation       Against   Against    Shareholder
      Proposal
7     Amend Articles to Require Disclosure of   Against   For        Shareholder
      Director and Statutory Auditor
      Compensation on an Individual Basis
8     Amend Articles to Require Establishment   Against   Against    Shareholder
      of an Internal Company System
9     Amend Articles to Require Company to      Against   Against    Shareholder
      Establish Standards for Decommissioning
      Nuclear Reactors
10    Amend Articles to Forbid Company from     Against   Against    Shareholder
      Participating in Nuclear Fuel
      Reprocessing
11    Approve Reduced Retirement Bonuses for    Against   For        Shareholder
      Directors and Statutory Auditors


--------------------------------------------------------------------------------

TOKYO BROADCASTING SYSTEM INC. (TBS)

Ticker:                      Security ID:  JP3588600001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Against    Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 5
2     Amend Articles to: Cancel Year-End        For       Against    Management
      Closure of Shareholder Register -
      Authorize Board to Vary AGM Record Date -
      Clarify Board's Authority to Vary Recoard
      Date for AGM
3.1   Elect Director                            For       Against    Management
3.2   Elect Director                            For       Against    Management
3.3   Elect Director                            For       Against    Management
3.4   Elect Director                            For       Against    Management
3.5   Elect Director                            For       Against    Management
3.6   Elect Director                            For       Against    Management
3.7   Elect Director                            For       Against    Management
3.8   Elect Director                            For       Against    Management
3.9   Elect Director                            For       Against    Management
3.10  Elect Director                            For       Against    Management
3.11  Elect Director                            For       Against    Management
3.12  Elect Director                            For       Against    Management
3.13  Elect Director                            For       Against    Management
3.14  Elect Director                            For       Against    Management
3.15  Elect Director                            For       Against    Management
3.16  Elect Director                            For       Against    Management
4     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

TOKYO ELECTRIC POWER CO. LTD.

Ticker:                      Security ID:  JP3585800000
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 30, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Payments to Continuing
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System
4     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors
5     Approve Alternate Allocation of Income    Against   Against    Shareholder
6     Amend Articles to Require Prompt          Against   For        Shareholder
      Disclosure of Individual Director
      Remuneration Levels
7     Amend Articles to Give Shareholders the   Against   Against    Shareholder
      Right to Investigate Management Problems
      and Demand the Creation of an
      Investigation Committee
8     Amend Articles to Require Shutdown of All Against   Against    Shareholder
      Nuclear Reactors Designed in 1978 or
      Earlier
9     Amend Articles to Require Local Community Against   Against    Shareholder
      Consent for Operation of Nuclear
      Facilities in Which Damage Has Been
      Discovered
10    Amend Articles to Require Company to Not  Against   Against    Shareholder
      Provide Spent Nuclear Fuel to Rokkasho
      Reprocessing Plant


--------------------------------------------------------------------------------

TOKYO ELECTRON LTD.

Ticker:                      Security ID:  JP3571400005
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 30, Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 300 Million to 700 Million
      Shares - Abolish Retirement Bonus System
      - Clarify Director Authorities
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Deep Discount Stock Option Plan   For       For        Management
6     Approve Stock Option Plan for Executives  For       For        Management
      of Overseas Subsidiaries
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
8     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor and Special Payments to
      Continuing Directors and Statutory
      Auditors in Connection with Abolition of
      Retirement Bonus System


--------------------------------------------------------------------------------

TOKYO GAS CO. LTD.

Ticker:                      Security ID:  JP3573000001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.5,
      Final JY 3.5, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3     Authorize Share Repurchase Program        For       For        Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       For        Management
6     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditors and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

TOKYU CORP.

Ticker:                      Security ID:  JP3574200006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2.5,
      Final JY 2.5, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Cancel Year-End Closure of Shareholder
      Register - Reduce Maximum Board Size -
      Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors
6     Approve Special Payments to Continuing    For       Against    Management
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System


--------------------------------------------------------------------------------

TOMKINS PLC

Ticker:       TKS            Security ID:  GB0008962655
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 7.77 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Norman Broadhurst as Director    For       For        Management
5     Re-elect Jack Keenan as Director          For       For        Management
6     Re-elect James Nicol as Director          For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 12,880,674
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,934,724
11    Authorise 77,408,588 Ordinary Shares for  For       For        Management
      Market Purchase
12    Approve the Tomkins 2005 Sharesave Scheme For       For        Management


--------------------------------------------------------------------------------

TOMRA SYSTEMS

Ticker:                      Security ID:  NO0005668905
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Prepare and Approve List of For       For        Management
      Shareholders
2     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
3     Approve Notice of Meeting and Agenda      For       For        Management
4     Receive Presentation about Status of      None      None       Management
      Company
5     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income and Dividends of NOK 1.80 Per
      Share
6     Amend Articles to Stipulate Range (2-4    For       For        Management
      Members) and Term (One Year) of Members
      of Nominating Committee; Editorial
      Changes
7     Approve Remuneration of Directors in the  For       For        Management
      Amount of NOK 450,000 (Chairman), NOK
      250,000 (Non-Executive Directors), NOK
      150,000 (Executive Directors) and NOK
      20,000 Per Committee Assignment; Approve
      Remuneration of NOK 522,000 for Auditors
      for 2004
8     Reelect Jan Opsahl (Chairman), Joergen    For       For        Management
      Randers, Hanna de Mora, and Rune Bjerke
      as Directors; Elect Members of Nominating
      Committee
9.1   Approve Creation of NOK 17.8 Million Pool For       For        Management
      of Conditional Capital without Preemptive
      Rights
9.2   Approve Extension of Three Existing       For       Against    Management
      Employee Incentive Stock Option Plans


--------------------------------------------------------------------------------

TONEN GENERAL SEKIYU K.K.

Ticker:                      Security ID:  JP3428600005
Meeting Date: MAR 25, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 18,
      Final JY 18, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
3     Appoint Alternate Internal Statutory      For       For        Management
      Auditor


--------------------------------------------------------------------------------

TOPPAN PRINTING CO. LTD.

Ticker:                      Security ID:  JP3629000005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 8.50,
      Final JY 10.50, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 1.2 Billion to 2.7 Billion
      Shares - Authorize Public Announcements
      in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

TORAY INDUSTRIES INC.

Ticker:                      Security ID:  JP3621000003
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.5,
      Final JY 3.5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


--------------------------------------------------------------------------------

TOSHIBA CORP.

Ticker:                      Security ID:  JP3592200004
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
2.1   Elect Director                            For       Against    Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       Against    Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management


--------------------------------------------------------------------------------

TOSOH CORP.

Ticker:                      Security ID:  JP3595200001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 5, Special JY 1
2     Amend Articles to: Increase Number of     For       For        Management
      Internal Auditors - Authorize Public
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
4.3   Appoint Internal Statutory Auditor        For       Against    Management
5.1   Appoint Alternate Internal Statutory      For       For        Management
      Auditor
5.2   Appoint Alternate Internal Statutory      For       Against    Management
      Auditor
6     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

TOTAL SA (FORMERLY TOTAL FINA ELF  S.A )

Ticker:       TOT            Security ID:  FR0000120271
Meeting Date: MAY 17, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 5.40 per Share of which
      EUR 3.00 Remains to be Distributed
4     Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to 24.4        For       For        Management
      Million Shares
6     Reelect Paul Desmarais Jr as Director     For       For        Management
7     Reelect Bertrand Jacquillat as Director   For       For        Management
8     Reelect Maurice Lippens as Director       For       For        Management
9     Elect Lord Levene of Portsoken KBE as     For       For        Management
      Director
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 4 Billion
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1.8 Billion
12    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
13    Authorize Up to One Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
A     Shareholder Proposal: Authorize Up to One Against   Against    Shareholder
      Percent of Issued Capital for Use in
      Restricted Stock Plan


--------------------------------------------------------------------------------

TOTO LTD.

Ticker:                      Security ID:  JP3596200000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5.5,
      Final JY 6, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
5     Approve Special Bonus for Family of       For       Against    Management
      Deceased Director and Retirement Bonuses
      for Director and Statutory Auditor


--------------------------------------------------------------------------------

TOYO SEIKAN KAISHA LTD.

Ticker:                      Security ID:  JP3613400005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

TOYOBO CO. LTD.

Ticker:                      Security ID:  JP3619800000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 5, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Clarify Director Authorities
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

TOYODA GOSEI CO. LTD.

Ticker:                      Security ID:  JP3634200004
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 9, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format -
      Expand Board Eligibility
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
5     Appoint Internal Statutory Auditor        For       Against    Management
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
7     Approve Executive Stock Option Plan       For       For        Management
8     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

TOYOTA INDUSTRIES CORP. (FORMERLY TOYODA AUTOMATIC LOOM WORKS)

Ticker:                      Security ID:  JP3634600005
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 13,
      Final JY 19, Special JY 0
2     Amend Articles to: Reduce Directors Term  For       For        Management
      in Office - Authorize Public
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
3.26  Elect Director                            For       For        Management
3.27  Elect Director                            For       For        Management
3.28  Elect Director                            For       For        Management
3.29  Elect Director                            For       For        Management
3.30  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

TOYOTA MOTOR CORP.

Ticker:       TM             Security ID:  JP3633400001
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 40, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
2.20  Elect Director                            For       For        Management
2.21  Elect Director                            For       For        Management
2.22  Elect Director                            For       For        Management
2.23  Elect Director                            For       For        Management
2.24  Elect Director                            For       For        Management
2.25  Elect Director                            For       For        Management
2.26  Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Executive Stock Option Plan       For       For        Management
5     Authorize Share Repurchase Program        For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management
7     Amend Articles of Incorporation to        Against   For        Shareholder
      Require Disclosure of Individual
      Compensation Levels of Directors and
      Statutory Auditors
8     Amend Articles of Incorporation to        Against   Against    Shareholder
      Require Reporting of Contributions to
      Political Parties and Political
      Fundraising Organizations


--------------------------------------------------------------------------------

TRANSURBAN GROUP

Ticker:                      Security ID:  AU000000TCL6
Meeting Date: NOV 10, 2004   Meeting Type: Annual
Record Date:  NOV 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect Geoffrey Owen Cosgriff as Director  For       Against    Management
2b    Elect Jeremy Davis as Director            For       For        Management
3     Approve Renaming Company to 'Transburban  For       For        Management
      Limited'


--------------------------------------------------------------------------------

TREND MICRO INC.

Ticker:       TMIC           Security ID:  JP3637300009
Meeting Date: MAR 25, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 36, Special JY 0
2     Amend Articles to: Clarify Director       For       For        Management
      Authorities
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
4.4   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

TUI AG (FRMLYPREUSSAG  AG)

Ticker:                      Security ID:  DE0006952005
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.77 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors
6     Approve Conversion of Bearer Shares into  For       For        Management
      Registered Shares
7     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares


--------------------------------------------------------------------------------

UBS AG

Ticker:                      Security ID:  CH0012032030
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 3.00 per Share
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4.1.1 Reelect Marcel Ospel as Director          For       For        Management
4.1.2 Reelect Lawrence Weinbach as Director     For       For        Management
4.2.1 Elect Marco Suter as Director             For       For        Management
4.2.2 Elect Peter Voser as Director             For       For        Management
4.3   Ratify Ernst & Young Ltd. as Auditors     For       For        Management
5.1   Approve CHF 31.9 Million Reduction in     For       For        Management
      Share Capital via Cancellation of
      Repurchased Shares
5.2   Authorize Repurchase of Issued Share      For       For        Management
      Capital


--------------------------------------------------------------------------------

UCB

Ticker:                      Security ID:  BE0003739530
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' Report Re: Fiscal Year None      Did Not    Management
      2004                                                Vote
2     Receive Auditors' Report Re: Fiscal Year  None      Did Not    Management
      2004                                                Vote
3     Discuss Consolidated Financial            For       Did Not    Management
      Statements, Approve Financial Statements,           Vote
      and Approve Allocation of Income
4     Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
5     Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
6     Receive Information Re: Company's         None      Did Not    Management
      Application of Corporate Governance                 Vote
      Guidelines and Belgian Corporate
      Governance Code
7.1   Reelect Baron Jacobs as Director          For       Did Not    Management
                                                          Vote
7.2   Reelect Comtesse Diego du Monceau de      For       Did Not    Management
      Bergendal as Director                               Vote
7.3   Reelect Jean van Rijckevorsel as Director For       Did Not    Management
                                                          Vote
7.4   Reelect Guy Keutgen as Director           For       Did Not    Management
                                                          Vote
7.5   Ratify Guy Keutgen as Independent         For       Did Not    Management
      Director in Accordance with the                     Vote
      Requirements of the Belgian Companies
      Code
7.6   Reelect Dr. Jean-Louis Vanherweghem as    For       Did Not    Management
      Director                                            Vote
7.7   Ratify Dr. Jean-Louis Vanherweghem as     For       Did Not    Management
      Independent Director in Accordance with             Vote
      the Requirements of the Belgian Companies
      Code
7.8   Elect Comte Arnould de Pret as Director   For       Did Not    Management
                                                          Vote
7.9   Elect Docteur Peter Fellner as Director   For       Did Not    Management
                                                          Vote
7.10  Elect Gerhard Mayr as Director            For       Did Not    Management
                                                          Vote
7.11  Ratify Gerhard Mayr as Independent        For       Did Not    Management
      Director in Accordance with the                     Vote
      Requirements of the Belgian Companies
      Code
8     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 39,000; Approve             Vote
      Remuneration of Chairman in the Amount of
      EUR 78,000; Approve Attendance Fees for
      Board and Committee Meetings
9     Approve Change in Control Provision       For       Did Not    Management
      Contained in Credit Agreement                       Vote
10.1  Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
10.2  Authorize Board to Cancel Shares          For       Did Not    Management
      Repurchased Under Item 10.1                         Vote
10.3  Suspend Rights of Repurchased Shares      For       Did Not    Management
      While Held by Company and Divide Ensuing            Vote
      Dividends to Remaining Shares
10.4  Authorize Subsidiaries to Utilize         For       Did Not    Management
      Authorities Proposed in Items 10.1 and              Vote
      10.2
11    Authorize up to 120,000 Shares for Use in For       Did Not    Management
      Restricted Stock Plan Reserved to UCB               Vote
      Leadership Team


--------------------------------------------------------------------------------

UFJ HOLDINGS INC.

Ticker:                      Security ID:  JP3944300007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Handling of Net Loss, with No     For       For        Management
      Dividends on Ordinary Shares
2     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Cancellation and
      Conversion of Preferred Shares
3     Approve Merger Agreement with Mitsubishi  For       For        Management
      Tokyo Financial Group
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       For        Management
5.3   Appoint Internal Statutory Auditor        For       Against    Management
5.4   Appoint Internal Statutory Auditor        For       For        Management
1     Approve Merger Agreement with Mitsubishi  For       For        Management
      Tokyo Financial Group


--------------------------------------------------------------------------------

UMICORE(FRMLY UNION MINIERE S.A.)

Ticker:                      Security ID:  BE0003626372
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' Reports                None      Did Not    Management
                                                          Vote
2     Receive Auditors' Reports                 None      Did Not    Management
                                                          Vote
3.1   Accept Financial Statements               For       Did Not    Management
                                                          Vote
3.2   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.65 per Share                     Vote
4.1   Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
4.2   Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
5.1   Confirm Appointment of Uwe-Ernst Bufe as  For       Did Not    Management
      Director                                            Vote
5.2   Reelect Uwe-Ernst Bufe as Director        For       Did Not    Management
                                                          Vote
5.3   Reelect Arnoud de Pret as Director        For       Did Not    Management
                                                          Vote
5.4   Reelect Jonathan Oppenheimer as Director  For       Did Not    Management
                                                          Vote
5.5   Elect Guy Paquot as Director              For       Did Not    Management
                                                          Vote
5.6   Confirm End of Term of Directors Etienne  For       Did Not    Management
      Davignon, Philippe Delaunois, Etienne               Vote
      Denis, and Robert F.W. van Oordt
5.7   Approve Remuneration of Director for      For       Did Not    Management
      Fiscal Year 2005 in the Aggregate Amount            Vote
      of EUR 300,000
6     Ratify PricewaterhouseCoopers,            For       Did Not    Management
      Represented by Raf Vander as Auditor and            Vote
      Authorize Board to Fix Remuneration of
      Auditor in the Amount of EUR 345,000
7     Receive Directors' Report Regarding       None      Did Not    Management
      Cancelled Umicore Options Granted to                Vote
      Employees of Umicore French Subsidiaries
8     Receive Corporate Governance Report       None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

UMICORE(FRMLY UNION MINIERE S.A.)

Ticker:                      Security ID:  BE0003626372
Meeting Date: APR 28, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Discuss Relevant Documents Regarding      None      Did Not    Management
      Spin-Off and Creation of Cumerio                    Vote
1.2   Receive Information Regarding Financial   None      Did Not    Management
      Situation of Umicore Prior to Spin-Off              Vote
      Proposal
1.3   Approve Spin-Off of Umicore Copper NV/SA  For       Did Not    Management
                                                          Vote
1.4   Approve Transfer of Umicore Copper NV/SA  For       Did Not    Management
      Assets and Liabilities to Cumerio                   Vote
1.5   Approve Articles of Association of        For       Did Not    Management
      Cumerio, Fix Issued Capital at EUR 181.1            Vote
      Million, Approve Composition of Board of
      Directors, and Approve Other Formalities
      With Respect to Incorporation of Cumerio
1.6   Acknowledge Legal Consequences of         For       Did Not    Management
      Spin-Off for Umicore                                Vote
1.7   Amend Articles to Reflect Changes in      For       Did Not    Management
      Capital Pursuant to Spin-Off                        Vote
2.1   Approve Capitalization of Issue Premium   For       Did Not    Management
                                                          Vote
2.2   Amend Articles to Reflect Changes in      For       Did Not    Management
      Capital Pursuant to Capitalization of               Vote
      Issue Premium
3.1   Amend Articles of Association to Reduce   For       Did Not    Management
      Director Term Limit to No More Than Four            Vote
      Years, Down From Six Years Previously
3.2   Amend Articles of Association to          For       Did Not    Management
      Authorize the Use of Conference Calling             Vote
      and Video Conferencing at Board Meetings
3.3   Amend Articles of Association to Set Date For       Did Not    Management
      of Annual Shareholder Meeting On the Last           Vote
      Wednesday in April at 17:00
3.4   Amend Articles of Association Regarding   For       Did Not    Management
      the Participation at Shareholder Meetings           Vote
4     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
5     Authorize Implementation of Approved      For       Did Not    Management
      Resolutions and Filing of Required                  Vote
      Documents/Formalities at Trade Registry


--------------------------------------------------------------------------------

UNI-CHARM CORP.

Ticker:                      Security ID:  JP3951600000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 15, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital - Authorize Public Announcements
      in Electronic Format - Authorize Board to
      Vary AGM Record Date
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

UNIBAIL HOLDING(FRMLY UNIBAIL)

Ticker:                      Security ID:  FR0000124711
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 3.75 per Share
4     Approve Accounting Transfers From         For       For        Management
      Long-Term Capital Gains Account to
      Ordinary Reserve
5     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party  Transactions
6     Reelect Leon Bressler as Director         For       For        Management
7     Reelect Jacques Dermagne as Director      For       For        Management
8     Ratify and Reelect Jean Louis Solal as    For       For        Management
      Director
9     Elect Yves Lyon-Caen as Director          For       For        Management
10    Ratify Ernst & Young Audit as Auditor     For       For        Management
11    Ratify BDO Marque & Gendrot Audit as      For       For        Management
      Auditor
12    Ratify Barbier, Frinault & Autres as      For       For        Management
      Alternate Auditor
13    Ratify Mazars & Guerard as Alternate      For       For        Management
      Auditor
14    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
15    Authorize Capitalization of Reserves for  For       For        Management
      Bonus Issue or Increase in Par Value
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares Up to
      Ten Percent of Issued Capital
17    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 75 Million
18    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights of up to 25 Percent of
      Issued Capital
19    Authorize Capital Increase of Up to Ten   For       For        Management
      Percent of Issued Capital for Future
      Exchange Offers
20    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
21    Authorize Up to One Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
22    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

UNIBAIL HOLDING(FRMLY UNIBAIL)

Ticker:                      Security ID:  FR0000124711
Meeting Date: DEC 7, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Dividends of EUR 23 Per   For       For        Management
      Share
2     Confirm Payment of Dividends in Cash and  For       For        Management
      Set Payment Date to Jan. 7, 2005
3     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

UNICREDITO ITALIANO SPA (FORM .CREDITO ITALIANO)

Ticker:                      Security ID:  IT0000064854
Meeting Date: APR 30, 2005   Meeting Type: Annual/Special
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Approve Allocation of Income              For       For        Management
3     Fix Number of Directors on the Board;     For       Against    Management
      Elect Directors for a Three-Year Term
      2005-2007
4     Approve Directors' and Executive Commitee For       For        Management
      Members' Annual Remuneration
5     Approve Adherence of the Company to the   For       Against    Management
      European Economic Interest Grouping
      (EEIG) named 'Global Development' (or
      'Sviluppo Globale')
6     Approve Company's Adoption of Costs       For       For        Management
      Relative to the Remuneration of the
      Saving Shareholders' Representative
1     Approve Acquisition of Banca dell'Umbria  For       For        Management
      1462 Spa and of Cassa di Risparmio Carpi
      Spa; Amend Bylaws Accordingly


--------------------------------------------------------------------------------

UNIDEN CORP.

Ticker:                      Security ID:  JP3952000002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12.5,
      Final JY 17.5, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

UNILEVER N.V.

Ticker:       UN             Security ID:  NL0000009348
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAY 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Consideration of Annual Report and Report None      Did Not    Management
      of Remuneration Committee                           Vote
2     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports; Approve Distribution             Vote
      of EUR 27.9 Million for Dividends on
      Preference Shares and EUR 1,041.8 Million
      for Dividends on Ordinary Shares
3     Approve Discharge of Executive Directors  For       Did Not    Management
                                                          Vote
4     Approve Discharge of Non-Executive        For       Did Not    Management
      Directors                                           Vote
5     Discussion about Company's Corporate      For       Did Not    Management
      Governance Structure; Amend Articles Re:            Vote
      Group Chief Executive; Remove Reference
      to NLG 0.10 Cumulative Preference Shares
      to Reflect Their Cancellation (Item 9);
      Adopt Indemnification Policy
6a    Relect P.J. Cescau as Executive Director  For       Did Not    Management
                                                          Vote
6b    Relect C.J. van der Graaf as Executive    For       Did Not    Management
      Director                                            Vote
6c    Relect R.H.P. Markham as Executive        For       Did Not    Management
      Director                                            Vote
6d    Elect R.D. Kugler as Executive Director   For       Did Not    Management
                                                          Vote
7a    Relect A. Burgmans as Non-Executive       For       Did Not    Management
      Director                                            Vote
7b    Relect Rt Hon The Lord of Brittan of      For       Did Not    Management
      Spennithorne QC DL as Non-Executive                 Vote
      Director
7c    Relect Rt Hon The Baroness Chalker of     For       Did Not    Management
      Wallasey as Non-Executive Director                  Vote
7d    Relect B. Collomb as Non-Executive        For       Did Not    Management
      Director                                            Vote
7e    Relect W. Dik as Non-Executive Director   For       Did Not    Management
                                                          Vote
7f    Relect O. Fanjul as Non-Executive         For       Did Not    Management
      Director                                            Vote
7g    Relect H. Kopper as Non-Executive         For       Did Not    Management
      Director                                            Vote
7h    Relect Lord Simon of Highbury CBE as      For       Did Not    Management
      Non-Executive Director                              Vote
7i    Relect J. van der Veer as Non-Executive   For       Did Not    Management
      Director                                            Vote
8     Approve Global Performance Share Plan     For       Did Not    Management
      2005; Amend Performance Criteria for                Vote
      Annual Bonus for Executive Directors; Set
      Annual Bonus for Group Chief Executive at
      Maximum of 150% of Base Salary from 2005
      Onwards
9     Discuss Policy Concerning NLG 0.10        For       Did Not    Management
      Cumulative Preference Shares; Approve EUR           Vote
      9.6 Million Reduction in Share Capital
      via Cancellation of NLG 0.10 Cumulative
      Preference Shares
10    Ratify PricewaterhouseCoopers N.V,        For       Did Not    Management
      Rotterdam, as Auditors                              Vote
11    Grant Board Authority to Issue Authorized For       Did Not    Management
      Yet Unissued Shares Restricting/Excluding           Vote
      Preemptive Rights Up to 10 Percent of
      Issued Share Capital (20 Percent in
      Connection with Merger or Acquisition)
12    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
13    Allow Questions                           None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

UNILEVER N.V.

Ticker:       UN             Security ID:  NL0000009348
Meeting Date: MAY 10, 2005   Meeting Type: Special
Record Date:  MAY 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Transfer of Administration of     For       For        Management
      Shares from Nedamtrust to a New
      Foundation, Stichting
      Administratiekantoor Unilever N.V.
3     Allow Questions                           None      None       Management
4     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

UNILEVER PLC

Ticker:       UL             Security ID:  GB0005748735
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 12.82 Pence Per For       For        Management
      Ordinary Share
4     Re-elect Patrick Cescau as Director       For       For        Management
5     Re-elect Kees Van Der Graaf as Director   For       For        Management
6     Re-elect Rudy Markham as Director         For       For        Management
7     Elect Ralph Kugler as Director            For       For        Management
8     Elect Anthony Burgmans as Director        For       For        Management
9     Re-elect Lord Brittan as Director         For       For        Management
10    Re-elect Baroness Chalker as Director     For       For        Management
11    Re-elect Bertrand Collomb as Director     For       For        Management
12    Re-elect Wim Dik as Director              For       For        Management
13    Re-elect Oscar Fanjul as Director         For       For        Management
14    Re-elect Hilmar Kopper as Director        For       For        Management
15    Re-elect Lord Simon as Director           For       For        Management
16    Re-elect Jeroen Van Der Veer as Director  For       For        Management
17    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
18    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
19    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 13,450,000
20    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,000,000
21    Authorise 290,000,000 Ordinary Shares for For       For        Management
      Market Purchase
22    Amend Articles of Association Re:         For       For        Management
      Delegation to Chief Executive
23    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors
24    Approve Unilever Global Performance Share For       For        Management
      Plan 2005
25    Approve Unilever PLC 2005 ShareSave Plan  For       For        Management


--------------------------------------------------------------------------------

UNION FENOSA

Ticker:                      Security ID:  ES0181380017
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements and Statutory
      Reports for Fiscal Year 2004, and
      Discharge Directors
2     Approve Allocation of Income for Fiscal   For       For        Management
      Year 2004
3     Approve Auditors                          For       For        Management
4     Amend Articles 29, 32, 33, 51, and 52 Re: For       For        Management
      Representation at Shareholder Meetings,
      Right to Request Information, List of
      Attendees, and Board Meetings
5     Amend Articles 7, 8, 13, 16, and 32 of    For       For        Management
      the AGM Guidelines
6     Elect Directors                           For       For        Management
7     Authorize Share Repurchase Program        For       For        Management
8     Approve Listing and Delisting of Shares   For       For        Management
      in Secondary Markets
9     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
10    Approve Minutes of Meeting                For       For        Management


--------------------------------------------------------------------------------

UNITED BUSINESS MEDIA PLC (FM. UNITED NEWS & MEDIA PLC)

Ticker:       UNEWY          Security ID:  GB0030224215
Meeting Date: JUN 20, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sub-division of Ordinary Shares   For       For        Management
      of 25p into Intermediate Shares of 1
      11/14p; Approve Consolidation of Unissued
      Intermediate Shares into New Ordinary
      Shares of 30 5/14p Each and Issued
      Intermediate Shares into New Ordinary
      Shares of 30 5/14p Each
2     Conditional to the Passing of Resolution  For       For        Management
      1, Authorise 27,785,471 New Ordinary
      Shares for Market Purchase


--------------------------------------------------------------------------------

UNITED BUSINESS MEDIA PLC (FM. UNITED NEWS & MEDIA PLC)

Ticker:       UNEWY          Security ID:  GB0030224215
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       Against    Management
3     Approve Final Dividend of 8.37 Pence Per  For       For        Management
      Ordinary Share
4     Elect Christpher Hyman as Director        For       For        Management
5     Elect Sandy Leitch as Director            For       For        Management
6     Elect David Levin as Director             For       For        Management
7     Re-elect Charles Gregson as Director      For       For        Management
8     Re-elect Nigel Wilson as Director         For       For        Management
9     Re-elect Jonathan Newcomb as Director     For       For        Management
10    Re-elect Chris Powell as Director         For       For        Management
11    Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
12    Authorise 33,629,556 Ordinary Shares for  For       For        Management
      Market Purchase
13    Authorise 5,446,789 B Shares for Market   For       For        Management
      Purchase
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 28,024,630
15    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 4,203,694
16    Amend Articles of Association Re: US      For       For        Management
      Shareholders
17    Approve EU Political Donations and Incur  For       For        Management
      Political Expenditure up to GBP 50,000


--------------------------------------------------------------------------------

UNITED OVERSEAS BANK

Ticker:       UOVEY          Security ID:  SG1M31001969
Meeting Date: APR 27, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Share Repurchase Program        For       For        Management


--------------------------------------------------------------------------------

UNITED OVERSEAS BANK

Ticker:       UOVEY          Security ID:  SG1M31001969
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare Final Dividend of SGD 0.40 Per    For       For        Management
      Share
3     Approve Directors' Fees SGD 600,000 for   For       For        Management
      2004 (2003: SGD 618,750)
4     Reappoint Ernst & Young as Auditors and   For       For        Management
      Authorize Board to Fix Their Remuneration
5     Reelect Wong Meng Meng as Director        For       For        Management
6     Reelect Tan Kok Quan as Director          For       For        Management
7     Reelect Ngiam Tong Dow as Director        For       For        Management
8     Reelect Wee Cho Yaw as Director           For       Against    Management
9     Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the UOB 1999 Share
      Option Scheme
10    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights


--------------------------------------------------------------------------------

UNITED OVERSEAS BANK

Ticker:       UOVEY          Security ID:  SG1M31001969
Meeting Date: JUN 24, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Distribution of Between a Minimum For       For        Management
      of 153.7 Million and a Maximum of 153.8
      Million Ordinary Shares in the Capital of
      United Overseas Land Ltd. Held by United
      Overseas Bank Ltd. by Way of a Dividend
      in Specie


--------------------------------------------------------------------------------

UNITED OVERSEAS LAND LTD.

Ticker:                      Security ID:  SG1S83002349
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare Final Dividend of SGD 0.06 Per    For       For        Management
      Share
3     Approve Directors' Fees of SGD 230,000    For       For        Management
      for 2004 (2003: SGD 251,000)
4a    Reelect Wee Cho Yaw as Director           For       Against    Management
4b    Reelect Lim Kee Ming as Director          For       For        Management
4c    Reelect Alan Choe Fook Cheong as Director For       For        Management
5     Reelect Wong Yuen Weng Ernest as Director For       For        Management
6     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7a    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the UOL 2000 Share
      Option Scheme
7b    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
8     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

UNITED UTILITIES PLC

Ticker:                      Security ID:  GB0006462336
Meeting Date: JUL 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 29.88 Pence Per For       For        Management
      Ordinary Share and 14.94 Pence Per A
      Share
3     Elect Charlie Cornish as Director         For       For        Management
4     Re-elect Sir Richard Evans as Director    For       For        Management
5     Re-elect Sir Peter Middleton as Director  For       For        Management
6     Re-elect Simon Batey as Director          For       For        Management
7     Approve Remuneration Report               For       For        Management
8     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 185,737,898
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 27,860,684
12    Authorise 55,721,369 Ordinary Shares for  For       For        Management
      Market Purchase
13    Amend Articles of Association Re:         For       For        Management
      Retirement by Rotation of Directors
14    Amend The United Utilities PLC            For       For        Management
      Performance Share Plan


--------------------------------------------------------------------------------

UNY CO. LTD.

Ticker:                      Security ID:  JP3949600005
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  FEB 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 9, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Abolish Retirement Bonus System
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
4     Approve Retirement Bonuses to Directors   For       Against    Management
      and Special Payments to Continuing
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

UPM-KYMMENE OY (FORMERLY KYMMENE CORP.)

Ticker:       UPM            Security ID:  FI0009005987
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditor's Report                  None      Did Not    Management
                                                          Vote
1.3   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.4   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.75 Per Share                     Vote
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
1.7   Fix Number of Directors at 10             For       Did Not    Management
                                                          Vote
1.8   Reelect Martti Ahtisaari, Michael         For       Did Not    Management
      Bottenheim, Berndt Brunow, Karl                     Vote
      Grotenfelt, Georg Holzhey, Jorma Ollila,
      Francoise Sampermans, Gustaf Serlachius,
      and Vesa Vainio as Directors; Elect Wendy
      E. Lane as Director
1.9   Appoint PricewaterhouseCoopers as Auditor For       Did Not    Management
                                                          Vote
1.10  Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
2     Approve EUR 44.5 Million Reduction in     For       Did Not    Management
      Share Capital via Share Cancellation                Vote
3     Authorize Repurchase of Up to Five        For       Did Not    Management
      Percent of Issued Share Capital                     Vote
4     Authorize Reissuance of 25 Million        For       Did Not    Management
      Repurchased Shares                                  Vote
5     Approve Creation of EUR 178 Million Pool  For       Did Not    Management
      of Conditional Capital without Preemptive           Vote
      Rights
6     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees; Approve Creation of EUR 15.3             Vote
      Million Pool of Conditional Capital to
      Guarantee Conversion Rights
7     Shareholder Proposal: Agreements between  None      Did Not    Shareholder
      UPM-Kymmene Corporation and Asia Pacific            Vote
      Resources International Holdings Ltd;
      Chemical Pulp Procurement Policy; Set-off
      of Receivables from April; Loggings to
      State of Indonesia


--------------------------------------------------------------------------------

UPONOR (FORMERLY ASKO OYJ)

Ticker:                      Security ID:  FI0009002158
Meeting Date: MAR 15, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
1.3   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.4   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.70 Per Share                     Vote
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
1.7   Fix Number of Directors at Five           For       Did Not    Management
                                                          Vote
1.8   Reelect Pekka Paasikivi, Aimo Rajahalme,  For       Did Not    Management
      Anne-Christine Silfverstolpe Nordin, and            Vote
      Rainer Simon; Elect Jorma Eloranta as New
      Director
1.9   Reappoint KPMG as Auditors                For       Did Not    Management
                                                          Vote
2     Amend Articles Re: Change Company         For       Did Not    Management
      Location to Helsinki; Change Notification           Vote
      and Location of General Meeting
3     Approve EUR 874,000 Reduction in Share    For       Did Not    Management
      Capital via Share Cancellation                      Vote
4     Authorize Repurchase of Up to Five        For       Did Not    Management
      Percent of Issued Share Capital (Up to 10           Vote
      Percent Subject to Pending Legislation)


--------------------------------------------------------------------------------

UPONOR (FORMERLY ASKO OYJ)

Ticker:                      Security ID:  FI0009002158
Meeting Date: NOV 16, 2004   Meeting Type: Special
Record Date:  NOV 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Dividends of EUR 0.88 Per For       Did Not    Management
      Share                                               Vote
2     Authorize EUR 74.8 Million Capitalization For       Did Not    Management
      of Reserves for 1:1 Bonus Issue                     Vote
3     Amend Articles Re: Limits for Minimum     For       Did Not    Management
      (EUR 75 Million) and Maximum (EUR 300               Vote
      Million) Issued Share Capital


--------------------------------------------------------------------------------

USHIO INC.

Ticker:                      Security ID:  JP3156400008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 20, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
3     Approve Special Payments to Continuing    For       Against    Management
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System


--------------------------------------------------------------------------------

USS CO., LTD.

Ticker:                      Security ID:  JP3944130008
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 35, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Against    Management
      - Increase Authorized Capital from 100
      Million Shares to 120 Million Shares -
      Decrease Maximum Board Size
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management
3.3   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Statutory  For       Against    Management
      Auditors
5     Approve Executive Stock Option Plan       For       Against    Management


--------------------------------------------------------------------------------

VA TECHNOLOGIE

Ticker:                      Security ID:  AT0000937453
Meeting Date: JAN 17, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Eliminate Control Share Acquisition       None      For        Shareholder
      Provision


--------------------------------------------------------------------------------

VA TECHNOLOGIE

Ticker:                      Security ID:  AT0000937453
Meeting Date: SEP 21, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Creation of EUR 27.8 Million Pool For       For        Management
      of Conditional Capital with Preemptive
      Rights
2     Confirm 2004 AGM Resolution to Ratify     For       For        Management
      Auditors for Fiscal 2004


--------------------------------------------------------------------------------

VALEO

Ticker:       VALEO          Security ID:  FR0000130338
Meeting Date: MAY 3, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends
5     Approve Accounting Transfer from Special  For       For        Management
      Long-Term Capital Gains Account to Other
      Reserve
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Reelect Pierre-Alain De Smedt to Replace  For       For        Management
      Noel Goutard as Director
8     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 76.22 Million
9     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 76.22 Million
10    Authorize Capital Increase of Up to Ten   For       For        Management
      Percent of Issued Capital for Future
      Exchange Offers
11    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 76.22 Million for Bonus Issue
      or Increase in Par Value
12    Authorize Board to Increase Capital in    For       For        Management
      the Event of Demand Exceeding Amounts
      Proposed in Issuance Authority Above
13    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Approve Stock Option Plan Grants          For       Against    Management
15    Authorize up to Ten Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Treasury Shares
18    Amend Articles RE: Transfer of Shares     For       Against    Management
      Pursuant to Changes in French Financial
      Legislation
19    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

VALORA HOLDING AG (FORMERLY MERKUR HOLDING)

Ticker:                      Security ID:  CH0002088976
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and Omission For       For        Management
      of Dividends
4.1   Reelect Andreas Gubler as Director        For       For        Management
4.2   Elect Werner Kuster as Director           For       For        Management
4.3   Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors
5     Approve CHF 2.7 Million Reduction in      For       For        Management
      Share Capital Via Cancellation of
      Repurchased Shares
6     Approve CHF 29.7 Million Reduction in     For       For        Management
      Share Capital via Repayment of CHF 9 to
      Shareholders
7     Amend Articles Re: Reduce Threshold for   For       For        Management
      Submitting Shareholder Proposals


--------------------------------------------------------------------------------

VALORA HOLDING AG (FORMERLY MERKUR HOLDING)

Ticker:                      Security ID:  CH0002088976
Meeting Date: OCT 20, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve CHF 4.6 Million Reduction in      For       Did Not    Management
      Share Capital via Cancellation of Shares            Vote
2     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
3     Transact Other Business (Non-Voting)      None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

VEDIOR NV

Ticker:                      Security ID:  NL0000390854
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  APR 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2a    Receive Report of Management Board        None      None       Management
2b    Receive Report of 'Stichting              None      None       Management
      Administratiekantoor van gewone aandelen
      Vedior'
2c    Approve Financial Statements and          For       For        Management
      Statutory Reports
2d    Approve Dividend of EUR 0.20 per Ordinary For       For        Management
      Share
3a    Approve Discharge of Management Board     For       For        Management
3b    Approve Discharge of Supervisory Board    For       For        Management
4     Discussion about Company's Corporate      None      None       Management
      Governance
5     Grant Board Authority to Issue Authorized For       Against    Management
      Yet Unissued Ordinary Shares Up to 10
      Percent Restricting/Excluding  Preemptive
      Rights (25 Percent in Connection with
      Merger of Acquisition)
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Reelect D. Sinninghe Damste to            For       For        Management
      Supervisory Board
8     Approve Remuneration of Supervisory Board For       For        Management
9a    Approve Cancellation of Class of          For       For        Management
      Preference Shares A
9b    Approve Cancellation of Class of          For       For        Management
      Preference Shares B
10    Amend Articles to Delete Reference to     For       For        Management
      Preference Shares A and Holders of These
      Shares
11    Other Business (Non-Voting)               None      None       Management
12    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

VEDIOR NV

Ticker:                      Security ID:  NL0000390854
Meeting Date: APR 29, 2005   Meeting Type: Special
Record Date:  APR 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Opportunity to Make Recommendations for   None      Did Not    Management
      Appointment of Member of the Board of the           Vote
      Stichting Administratiekantoor of
      Ordinary Shares
3     Allow Questions                           None      Did Not    Management
                                                          Vote
4     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

VEDIOR NV

Ticker:                      Security ID:  NL0000390854
Meeting Date: SEP 7, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Report on Best Practice Provision None      Did Not    Management
      IV.2. 'Depositary Receipts for Shares' of           Vote
      the Dutch Corporate Governance Code
3     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

VENTURE CORPORATION LTD (FRMLY VENTURE MANUFACTURING)

Ticker:                      Security ID:  SG0531000230
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.25 Per    For       For        Management
      Share and Bonus Tax Exempt Dividend of
      SGD 0.25 Per Share for the Year Ended Dec
      31, 2004
3     Reelect Wong Ngit Liong as Director       For       Against    Management
4     Reelect Koh Lee Boon as Director          For       For        Management
5     Reelect Cecil Vivian Richard Wong as      For       For        Management
      Director
6     Approve Directors' Fees of SGD 127,000    For       For        Management
      for the Year Ended Dec 31, 2004 (2003:
      S$86,000
7     Reappoint Deloitte & Touche as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
8     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
9     Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Venture
      Manufacturing (Singapore) Ltd Executives
      Share Option Scheme 1993
10    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Share Option
      Scheme Venture Corporation Executives
      Share Option Scheme 2004


--------------------------------------------------------------------------------

VEOLIA ENVIRONNEMENT (FORMERLY VIVENDI ENVIRONMENT)

Ticker:       VE             Security ID:  FR0000124141
Meeting Date: MAY 12, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Non-Tax Deductible Expenses       For       For        Management
4     Approve Accounting Transfer from Special  For       For        Management
      Long-Term Capital Gains Account to
      Ordinary Reserve Account
5     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.68 per Share
6     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
7     Ratify Barbier Frinault & Cie as Auditor  For       For        Management
8     Ratify Auditex as Alternate Auditor       For       For        Management
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Cancel Outstanding Debt Issuance          For       For        Management
      Authority
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 1 Billion; Authorize Issuance of
      Securities Convertible into Debt
12    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1 Billion; Authorize
      Issuance of Securities Convertible into
      Debt
13    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 370 Million for Bonus Issue or
      Increase in Par Value
14    Authorize the Board to Increase Capital   For       Against    Management
      in the Event of Demand Exceeding Amounts
      Submitted to Shareholder Vote Above
15    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
16    Approve Stock Option Plan Grants          For       For        Management
17    Authorize Up to 0.5 Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
18    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Treasury Shares
19    Amend Articles of Association Re:         For       For        Management
      Shareholding Threshold Disclosure
20    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

VESTAS WIND SYSTEM AS

Ticker:                      Security ID:  DK0010268606
Meeting Date: APR 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income and Omission For       For        Management
      of Dividends
4     Approve Discharge of Management and Board For       For        Management
5     Reelect Bent Carlsen, Arne Pedersen,      For       For        Management
      Joergen Rasmussen, Torsten Rasmussen,
      Joern Thomsen, and Freddy Frandsen as
      Directors
6     Ratify PricewaterhouseCoopers and KPMG C. For       For        Management
      Jespersen as Auditors
7.1   Amend Articles Re: Removal of Extraneous  For       For        Management
      Paragraphs
7.2   Amend Articles Re: Removal of Extraneous  For       For        Management
      Paragraphs
7.3   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

VINCI (FORMERLY SOCIETE GENERALE D'ENTREPRISES)

Ticker:                      Security ID:  FR0000125486
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.2 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Patrick Faure as Director         For       For        Management
6     Reelect Bernard Huvelin as Director       For       For        Management
7     Confirm Name Change of Auditor to         For       For        Management
      Deloitte & Associes
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9     Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 400 Million
11    Authorize Issuance of Convertible Bonds   For       For        Management
      with Preemptive Rights
12    Authorize Issuance of Convertible Bonds   For       For        Management
      without Preemptive Rights
13    Authorize Board to Increase Capital in    For       For        Management
      the Event of Demand Exceeding Amounts
      Proposed in Issuance Authorities
14    Authorize Capital Increase of Up to Ten   For       For        Management
      Percent for Future Acquisitions
15    Approve Stock Option Plan Grants          For       Against    Management
16    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
17    Approve Capital Increase Reserved for     For       Against    Management
      Employees of Vinci International
      Subsidiaries Participating in
      Savings-Related Share Purchase Plan
18    Authorize up to Ten Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
19    Approve 2-for-1 Stock Split and Reduce    For       For        Management
      Par Value from EUR 10 to EUR 5; Amend
      Articles 6 and 11 Accordingly
20    Authorize Issuance of Securities          For       For        Management
      Convertible into Debt
21    Amend Article 11 to Reduce Board Term     For       For        Management
      From Six to Four Years
22    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

VIVENDI UNIVERSAL SA (FORMERLY VIVENDI)

Ticker:                      Security ID:  FR0000127771
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.60 per Share
5     Adopt Two-Tiered Board Structure          For       For        Management
6     Adopt New Articles of Asscociation        For       For        Management
7     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 1 Billion
8     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 500 Million
9     Authorize Board to Increase Capital in    For       For        Management
      the Event of Demand Exceeding Amounts
      Proposed in Issuance Authority Above
10    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 500 Million for Bonus Issue or
      Increase in Par Value
11    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
12    Approve Stock Option Plan Grants          For       Against    Management
13    Authorize Up to 0.5 Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
14    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
15    Elect Jean-Rene Fourtou as Supervisory    For       For        Management
      Board Member
16    Elect Claude Bebear as Supervisory Board  For       For        Management
      Member
17    Elect Gerard Bremond  as Supervisory      For       For        Management
      Board Member
18    Elect Fernando Falco as Supervisory Board For       For        Management
      Member
19    Elect Paul Fribourg as Supervisory Board  For       For        Management
      Member
20    Elect Gabriel Hawawini as Supervisory     For       For        Management
      Board Member
21    Elect Henri Lachmann as Supervisory Board For       For        Management
      Member
22    Elect Pierre Rodocanachi as Supervisory   For       For        Management
      Board Member
23    Elect Karel Van Miert as Supervisory      For       For        Management
      Board Member
24    Elect Sarah Frank as Supervisory Board    For       For        Management
      Member
25    Elect Patrick Kron as Supervisory Board   For       For        Management
      Member
26    Elect Andrzej Olechowski as Supervisory   For       For        Management
      Board Member
27    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 1.2 Million
28    Ratify Salustro-Reydel as Auditor         For       For        Management
29    Ratify Jean-Claude Reydel as Alternate    For       For        Management
      Auditor to Replace Hubert Luneau
30    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
31    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
32-6A Amend Articles of Association Re: Voting  For       Against    Management
      Right Limitations


--------------------------------------------------------------------------------

VNU (NV VERENIGD BEZIT VNU)

Ticker:                      Security ID:  NL0000389872
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  APR 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Executive Board         None      None       Management
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Approve Discharge of Executive Board      For       For        Management
3c    Approve Discharge of Supervisory Board    For       For        Management
3d    Approve English Language as Language for  For       For        Management
      Annual Report and Financial Statements
4a    Discussion about Company's Dividend and   None      None       Management
      Reservation Policy
4b    Approve Total Dividend of EUR 0.55 Per    For       For        Management
      Share
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Common Shares, 7 Percent Preferred
      Shares, and Preferred B Shares
6a    Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Common and 7 Percent
      Preferred Shares Up to 10 Percent of
      Issued Share Capital (20 Percent in
      Connection with Merger or Acquisition)
6b    Grant Board Authority to Issue All        For       Against    Management
      Authorized Yet Unissued Preferred Shares
      B
6c    Grant Board Authority to Issue All        For       Against    Management
      Authorized Yet Unissued Preferred Shares
      A
6d    Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance of Common Shares
      Under Item 6a
7     Reaappoint Ernst & Young Accountants as   For       For        Management
      Auditors
8     Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for  Executive Board
      Members
9     Elect A. van Rossum to Supervisory Board  For       For        Management
10    Approve Remuneration of Supervisory Board For       For        Management
11    Other Business (Non-Voting)               None      None       Management
12    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

VNU (NV VERENIGD BEZIT VNU)

Ticker:                      Security ID:  NL0000389872
Meeting Date: NOV 16, 2004   Meeting Type: Special
Record Date:  NOV 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Sale of World Directories Group   For       For        Management
3     Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
4     Amend Bonus Scheme for Management Board   For       For        Management
5     Elect R. Ruijter to Management Board      For       For        Management
6     Other Business (Non-Voting)               None      None       Management
7     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

VODAFONE GROUP PLC

Ticker:                      Security ID:  GB0007192106
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect Peter Bamford as Director        For       For        Management
4     Re-elect Julian Horn-Smith as Director    For       For        Management
5     Re-elect Sir David Scholey as Director    For       For        Management
6     Elect Luc Vandevelde as Director          For       For        Management
7     Approve Final Dividend of 1.0780 Pence    For       For        Management
      Per Ordinary Share
8     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise the Company and Any Company     For       For        Management
      Which is or Becomes a Subsidiary of the
      Company to Make EU Political Donations or
      Incur EU Political Expenditure up to
      Aggregate Nominal Amount of GBP 100,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 900 Million
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 330 Million
13    Authorise 6.6 Billion Ordinary Shares for For       For        Management
      Market Purchase
14    Authorise 660 Million Ordinary Shares for For       For        Management
      Market Purchase Pursuant to Contingent
      Purchase Contracts


--------------------------------------------------------------------------------

VOEST ALPINE AG (FORMERLY VOEST-ALPINE STAHL AG)

Ticker:                      Security ID:  AT0000937503
Meeting Date: JUL 1, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income              For       For        Management
3     Approve Discharge of Management Board     For       For        Management
4     Approve Discharge of Supervisory Board    For       For        Management
5     Approve Remuneration of Directors         For       For        Management
6     Ratify Auditors                           For       For        Management
7     Elect Supervisory Board Members           For       For        Management
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9     Amend 2001 Stock Option Plan              For       For        Management
10    Amend Articles Re: Supervisory Board Size For       For        Management


--------------------------------------------------------------------------------

VOLVO AB

Ticker:       VOLVY          Security ID:  SE0000115420
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Claes Beyer as Chairman of Meeting  For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive Board and Committee Reports       None      Did Not    Management
                                                          Vote
8     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive President's              Vote
      Report
9     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
10    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 12.50 Per Share                    Vote
11    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
12    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 4.8 Million                 Vote
14    Reelect Per-Olof Eriksson, Patrick Faure, For       Did Not    Management
      Haruko Fukuda, Tom Hedelius, Leif                   Vote
      Johansson, Finn Johnsson (Chairman),
      Louis Schweitzer, and Ken Whipple as
      Directors
15    Adopt Revised Instructions for Nominating For       Did Not    Management
      Committee; Elect Finn Johnsson, Lars                Vote
      Idermark, Marianne Nilsson, Curt
      Kaellstroemer, and Thierry Moulonguet as
      Members of Nominating Committee
16.1  Shareholder Proposal: Provide All Shares  None      Did Not    Shareholder
      with Equal Voting Rights                            Vote
16.2  Shareholder Proposal: Allow Voluntary     None      Did Not    Shareholder
      Conversion of Class A Shares into Class B           Vote
      Shares
17    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital and Reissuance of           Vote
      Repurchased Shares
18.1  Approve SEK 95 Million Reduction in Share For       Did Not    Management
      Capital via Share Cancellation                      Vote
18.2  Authorize a New Class of Common Stock     For       Did Not    Management
      (Class C Shares) to Facilitate Reduction            Vote
      in Share Capital
18.3  Approve Creation of SEK 95 Million Pool   For       Did Not    Management
      of Conditional Capital via Issuance of              Vote
      Class C Shares to Facilitate Reduction in
      Share Capital
18.4  Approve SEK 95 Million Reduction in Share For       Did Not    Management
      Capital via Cancellation of Class C                 Vote
      Shares
18.5  Authorize CEO to Make Editorial Changes   For       Did Not    Management
      to Adopted Resolutions in Connection with           Vote
      Registration with Swedish Authorities
19.1  Approve Incentive Plan for Key Employees  For       Did Not    Management
                                                          Vote
19.2  Approve Reissuance of 185,000 Repurchased For       Did Not    Management
      Class B Shares for Incentive Plan (Item             Vote
      19.1)


--------------------------------------------------------------------------------

VOTORANTIM CELULOSE E PAPEL S.A.

Ticker:       VCP            Security ID:  BRVCPAACNPR2
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
3     Elect Members to the Board of Directors   For       Did Not    Management
      and the Supervisory Board; Fix Aggregate            Vote
      Annual Remuneration for Corporate Bodies
4     Designate Newspaper to Publish Meeting    For       Did Not    Management
      Announcements                                       Vote
5     Approve Controlling Stake in Ripasa S.A.  For       Did Not    Management
      Celulose e Papel                                    Vote
6     Amend Bylaws Re: Making Permanent the     For       Did Not    Management
      Supervisory Board, As Well As Modifying             Vote
      Its Competencies, Structure and
      Composition
7     Approve Internal Policy Re:               For       Did Not    Management
      Auto-Regulation, Approved at the Board              Vote
      Meeting Held on Nov. 9, 2001


--------------------------------------------------------------------------------

WACOAL CORP.

Ticker:       WACLY          Security ID:  JP3992400006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 20, Special JY 0
2     Approve Adoption of Holding Company       For       For        Management
      Structure and Transfer of Business to
      Wholly-Owned Subsidiary
3     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 229.9 Million to 500 Million
      Shares - Reduce Maximum Board Size -
      Abolish Retirement Bonus System - Limit
      Outside Directors' Legal Liability -
      Change Name to Wacoal Holdings Corp.
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
5     Appoint Internal Statutory Auditor        For       For        Management
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Payments to Continuing
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

WARTSILA OYJ (FORMERLY METRA OY)

Ticker:                      Security ID:  FI0009003727
Meeting Date: DEC 1, 2004    Meeting Type: Special
Record Date:  NOV 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Dividend of EUR 1 Per     For       For        Management
      Share for Fiscal Year 2003
2     Authorize EUR 108 Million Capitalization  For       For        Management
      of Reserves for 1:2 Bonus Issue
3     Amend Articles Re: Minimum (EUR 200       For       For        Management
      Million) and Maximum (EUR 800 Million)
      Size of Issued Share Capital


--------------------------------------------------------------------------------

WARTSILA OYJ (FORMERLY METRA OY)

Ticker:                      Security ID:  FI0009003727
Meeting Date: MAR 21, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
1.3   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.4   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.90 Per Share                     Vote
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
1.7   Fix Number of Directors                   For       Did Not    Management
                                                          Vote
1.8   Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
1.9   Fix Number of Auditors                    For       Did Not    Management
                                                          Vote
1.10  Elect Directors                           For       Did Not    Management
                                                          Vote
1.11  Elect KPMG Wideri Oy Ab as Auditors       For       Did Not    Management
                                                          Vote
2a    Authorize Repurchase of Up to Five        For       Did Not    Management
      Percent of Issued Share Capital                     Vote
2b    Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


--------------------------------------------------------------------------------

WEIQIAO TEXTILE COMPANY LTD

Ticker:                      Security ID:  CN0003580551
Meeting Date: APR 25, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports for the Year Ended Dec. 31, 2004            Vote
2     Approve Profit Distribution Proposal and  For       Did Not    Management
      Relevant Declaration of a Final Dividend            Vote
      for the Year Ended Dec. 31, 2004
3     Approve Annual Remuneration Proposal for  For       Did Not    Management
      Directors and Supervisors for the Year              Vote
      Ending Dec. 31, 2005
4     Reappoint Ernst & Young Hua Ming and      For       Did Not    Management
      Ernst & Young as Domestic and                       Vote
      International Auditors Respectively and
      Authorize Board to Fix Their Remuneration
5     Other Business (Voting)                   For       Did Not    Management
                                                          Vote
6     Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights
7     Amend Articles Re: Board Composition and  For       Did Not    Management
      Meetings, Terms of Directors, Functions             Vote
      of Nonexecutive Directors


--------------------------------------------------------------------------------

WERELDHAVE NV

Ticker:                      Security ID:  NL0000289213
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Discuss Minutes of Previous Meeting       None      None       Management
3     Receive Report of Management Board        None      None       Management
4     Explanation of Reserves and Dividend      None      None       Management
      Policy
5     Possibility to Pose Questions to Auditor  None      None       Management
6     Approve Financial Statements and          For       For        Management
      Statutory Reports and Approve Dividend of
      EUR 4.50 per Ordinary Share
7     Approve Discharge of Management Board     For       For        Management
8     Approve Discharge of Supervisory Board    For       For        Management
9     Approve Remuneration Policy for           For       For        Management
      Management Board; Approve Unchanged
      Remuneration for Supervisory Board
10.1A Elect P. Essers to Supervisory Board      For       For        Management
10.1B Elect M. den Boogert to Supervisory Board Against   Against    Management
10.2A Elect F. Arp to Supervisory Board         For       For        Management
10.2B Elect H. Oosters to Supervisory Board     Against   Against    Management
11    Ratify PricewaterhouseCoopers N.V. as     For       For        Management
      Auditors
12    Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
13    Allow Questions                           None      None       Management
14    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

WESFARMERS LTD.

Ticker:                      Security ID:  AU000000WES1
Meeting Date: FEB 18, 2005   Meeting Type: Special
Record Date:  FEB 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Reduction in Stated Capital       For       For        Management
2     Amend Constitution Re: Specified Relevant For       For        Management
      Period of Accepting Director Nominations


--------------------------------------------------------------------------------

WESFARMERS LTD.

Ticker:                      Security ID:  AU000000WES1
Meeting Date: NOV 8, 2004    Meeting Type: Annual
Record Date:  NOV 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Elect C.B. Carter as Director             For       For        Management
1b    Elect J.P. Graham as Director             For       For        Management
1c    Elect D.C. White as Director              For       For        Management
1d    Elect D.A. Robb as Director               For       For        Management
2     Approve Remuneration of Directors in the  For       For        Management
      Amount of AUD 2,250,000


--------------------------------------------------------------------------------

WEST JAPAN RAILWAY CO

Ticker:                      Security ID:  JP3659000008
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2500,
      Final JY 3500, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management


--------------------------------------------------------------------------------

WESTFIELD GROUP

Ticker:                      Security ID:  AU000000WDC7
Meeting Date: NOV 12, 2004   Meeting Type: Annual
Record Date:  NOV 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Elect David Gonski as Director            For       For        Management
3     Elect Stephen Johns as Director           For       For        Management
4     Elect Steven Lowy as Director             For       For        Management
5     Elect Roy Furman as Director              For       For        Management
6     Elect John Studdy as Director             For       For        Management
7     Elect Gary Weiss as Director              For       For        Management
8     Elect Francis Vincent as Director         For       For        Management
9     Amend Articles RE: Increase Maximum Board For       For        Management
      Size from Twelve to Sixteen Directors
10    Approve Remuneration of Directors in the  For       For        Management
      Amount of AUD 1.8 Million


--------------------------------------------------------------------------------

WESTPAC BANKING CORP. (WBC)

Ticker:       WBK            Security ID:  AU000000WBC1
Meeting Date: DEC 16, 2004   Meeting Type: Annual
Record Date:  DEC 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2a    Elect Edward Alfred Evans as Director     For       For        Management
2b    Elect Gordon McKellar Cairns as Director  For       For        Management


--------------------------------------------------------------------------------

WHARF (HOLDINGS) LTD.

Ticker:                      Security ID:  HK0004000045
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAY 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect Paul M.P. Chan as Director        For       For        Management
3b    Reelect Edward K.Y. Chen as Director      For       For        Management
3c    Reelect Raymond K.F. Ch'ien as Director   For       For        Management
3d    Reelect Vincent K. Fang as Director       For       For        Management
4     Approve KPMG as Auditors and Authorize    For       For        Management
      Board to Fix Their Remuneration
5     Approve Increase in Fees Payable to Each  For       For        Management
      Director From HK$35,000 Per Annum to
      HK$50,000 Per Annum and Extra
      Remuneration of HK$15,000 Per Annum for
      Each Member of the Audit Committee
6     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
8     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

WHITBREAD PLC

Ticker:                      Security ID:  GB0030345457
Meeting Date: APR 22, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sale of Marriott Hotel Business   For       For        Management
2     Approve Sub-Division of Each 50 Pence     For       For        Management
      Share into Shares of 8 1/3 Pence Each
      (Intermediate Shares); and Approve
      Consolidation of the Intermediate Shares
      of 8 1/3 Pence into New Ordinary Shares
      of 58 1/3 Pence


--------------------------------------------------------------------------------

WHITBREAD PLC

Ticker:                      Security ID:  GB00B07FNF32
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 18.35 Pence Per For       For        Management
      Ordinary Share
4     Elect Anthony Habgood as Director         For       For        Management
5     Elect Christopher Rogers as Director      For       For        Management
6     Re-elect Rod Kent as Director             For       For        Management
7     Re-elect David Turner as Director         For       For        Management
8     Re-elect Charles Gurassa as Director      For       For        Management
9     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 49,890,283
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,483,542
12    Authorise Market Purchase of Ordinary     For       For        Management
      Shares up to GBP 14,967,084
13    Amend Articles of Association             For       For        Management


--------------------------------------------------------------------------------

WIENERBERGER  AG (FM. WIENERBERGER BAUSTOFFINDUSTRIE AG)

Ticker:                      Security ID:  AT0000831706
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
4     Ratify Auditors                           For       Did Not    Management
                                                          Vote
5     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance or Cancellation of Repurchased           Vote
      Shares


--------------------------------------------------------------------------------

WIHLBORGS FASTIGHETER AB

Ticker:                      Security ID:  SE0000950636
Meeting Date: MAY 9, 2005    Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive President's Report                None      Did Not    Management
                                                          Vote
8     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
9.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
9.2   Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 6.50 Per Share; Approve            Vote
      Allocation of Shares in Wihlborg Syd AB
9.3   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
9.4   Approve Record Date (May 12) for Dividend For       Did Not    Management
                                                          Vote
10    Amend Articles Re: Change Company Name to For       Did Not    Management
      Fabege AB; Change Location of Company               Vote
      Headquarters to Stockholm; Stipulate that
      Meeting Notice Be Published in Official
      Swedish Gazette and One Other Daily
      Newspaper
11    Determine Number of Members (7) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
12    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 1.8 Million;                Vote
      Approve Remuneration of Auditors
13    Receive Report about Director Nominees'   None      Did Not    Management
      Assignments On Behalf Of Other Companies            Vote
14    Reelect Stefan Dahlbo, Goete Dahlin,      For       Did Not    Management
      Sven-Aake Johansson, Erik Paulsson, Mats            Vote
      Qviberg, and Maths Sundqvist as
      Directors; Elect Maertha Josefsson as New
      Director
15    Ratify Deloitte & Touche as Auditors      For       Did Not    Management
                                                          Vote
16    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
17    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital and Reissuance of           Vote
      Repurchased Shares
18    Approve Odd Lot Offer                     For       Did Not    Management
                                                          Vote
19    Approve Sale of Subsidiary Fabege         For       Did Not    Management
      Facility Management AB                              Vote
20    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
21    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

WILLIAM HILL PLC

Ticker:                      Security ID:  GB0031698896
Meeting Date: JUN 17, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Stanley's Retail   For       For        Management
      Bookmaking
2     Approve William Hill plc Performance      For       Against    Management
      Share Plan


--------------------------------------------------------------------------------

WILLIAM HILL PLC

Ticker:                      Security ID:  GB0031698896
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 11 Pence Per    For       For        Management
      Ordinary Share
4     Re-elect Charles Scott as Director        For       For        Management
5     Re-elect Tom Singer as Director           For       For        Management
6     Elect David Edmonds as Director           For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Approve William Hill PLC Deferred Bonus   For       For        Management
      Plan
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 13,144,537
11    Authorise the Company to Make EU          For       For        Management
      Political Donations up to GBP 35,000 and
      Incur EU Political Expenditure up to GBP
      35,000
12    Authorise William Hill Organization Ltd.  For       For        Management
      to Make EU Political Donations up to GBP
      35,000 and Incur EU Political Expenditure
      up to GBP 35,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount Equal to 5 Percent of the
      Current Issued Share Capital
14    Authorise 39,433,611 Ordinary Shares for  For       For        Management
      Market Purchase
15    Amend Articles of Association Re:         For       For        Management
      Company's Borrowing Limit


--------------------------------------------------------------------------------

WM-DATA AB

Ticker:                      Security ID:  SE0000115404
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Elect Thord Wilkne as       For       Did Not    Management
      Chairman of Meeting                                 Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
6.2   Receive President's Report                None      Did Not    Management
                                                          Vote
6.3   Receive Board and Committee Reports;      None      Did Not    Management
      Receive Auditor's Report                            Vote
7.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
7.2   Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 0.20 Per Share                     Vote
7.3   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
8     Determine Number of Members (7) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
9     Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 400,000 for Chairman, SEK             Vote
      300,000 for Vice Chairman, and SEK
      200,000 for Each Other Director; Approve
      Remuneration of Auditors
10    Reelect Boerje Ekholm, Jonas Fredriksson, For       Did Not    Management
      Lisbeth Gustafsson, Hans Mellstroem,                Vote
      Guendor Rentsch, Lars Wedenblom, and
      Thord Wilkne as Directors
11    Approve Stock Option Plan for Key         For       Did Not    Management
      Employees                                           Vote
12    Authorize Representatives of Four of      For       Did Not    Management
      Company's Largest Shareholders to Serve             Vote
      on Nominating Committee
13    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

WMC RESOURCES LTD

Ticker:                      Security ID:  AU000000WMR6
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:  MAY 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2a    Elect T C E Bergman as Director           For       For        Management
2b    Elect A E Clarke as Director              For       For        Management
2c    Elect D E Meiklejohn as Director          For       For        Management


--------------------------------------------------------------------------------

WOLSELEY PLC

Ticker:                      Security ID:  GB0009764027
Meeting Date: NOV 18, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       Against    Management
3     Approve Final Dividend of 16 Pence Per    For       For        Management
      Share
4     Elect Nigel Stein as Director             For       For        Management
5     Elect Andy Duff as Director               For       For        Management
6     Re-elect Charles Banks as Director        For       For        Management
7     Re-elect Chip Hornsby as Director         For       For        Management
8     Re-elect James Murray as Director         For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 50,000,000
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,313,728
13    Authorise 58,509,827 Shares for Market    For       For        Management
      Purchase
14    Amend Wolseley plc 2002 Long-Term         For       Against    Management
      Incentive Scheme
15    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 125,000
16    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 500,000
      to GBP 750,000


--------------------------------------------------------------------------------

WOLTERS KLUWER NV

Ticker:       WTKWY          Security ID:  NL0000395887
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:  APR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2a    Receive Report of Management Board        None      None       Management
2b    Receive Report of Supervisory Board       None      None       Management
2c    Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
2d    Approve Financial Statements and          For       For        Management
      Statutory Reports
2e    Approve Dividend of EUR 0.55 Per Ordinary For       For        Management
      Share
3a    Approve Discharge of Management Board     For       For        Management
3b    Approve Discharge of Supervisory Board    For       For        Management
4     Discussion on Company's Corporate         None      None       Management
      Governance Report
5     Amend Articles to Reflect Amendments to   For       For        Management
      Book 2 of Dutch Civil Code on Two-tiered
      Company Regime
6a    Reelect A.J. Frost to Supervisory Board   For       For        Management
6b    Reelect P.N. Wakkie to Supervisory Board  For       For        Management
7     Approve Remuneration of Supervisory Board For       For        Management
8a    Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares Up To 10% of Issued
      Capital To Be Increased By 10% In Case of
      Merger or Acquisition
8b    Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 8a
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Ratify KPMG as Auditors                   For       For        Management
11    Other Business (Non-Voting)               None      None       Management
12    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

WOODSIDE PETROLEUM LTD.

Ticker:                      Security ID:  AU000000WPL2
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  APR 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Elect Andrew Jamieson as Director         For       For        Management
3     Approve the Woodside Petroleum Ltd        For       Against    Management
      Executive Incentive Plan


--------------------------------------------------------------------------------

WOOLWORTHS LTD.

Ticker:                      Security ID:  AU000000WOW2
Meeting Date: NOV 26, 2004   Meeting Type: Annual
Record Date:  NOV 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect Adrienne Elizabeth Clarke as        For       For        Management
      Director
2b    Elect Diane Jennifer Grady as Director    For       For        Management
2c    Elect John Frederick Astbury as Director  For       For        Management
3     Approve Long Term Incentive Plan          For       For        Management
4     Approve Grant of up to Two Million        For       For        Management
      Options to Roger Campbell Corbett,
      Managing Director and CEO, Pursuant to
      Woolworths Executive Option Plan


--------------------------------------------------------------------------------

WORLD CO. LTD.

Ticker:                      Security ID:  JP3990200002
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 22,
      Final JY 27, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4     Appoint Alternate Internal Statutory      For       For        Management
      Auditor
5     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

WPP GROUP PLC

Ticker:       WPPG10         Security ID:  GB0009740423
Meeting Date: JUN 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 5.28 Pence Per  For       For        Management
      Ordinary Share
3     Elect Lubna Olayan as Director            For       For        Management
4     Elect Jeffrey Rosen as Director           For       For        Management
5     Elect Mark Read as Director               For       For        Management
6     Re-elect Sir Martin Sorrell as Director   For       For        Management
7     Re-elect Stanley Morten as Director       For       Abstain    Management
8     Re-elect John Quelch as Director          For       For        Management
9     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 42,115,797
11    Authorise 126,473,866 Ordinary Shares for For       For        Management
      Market Purchase
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,323,693
13    Approve Remuneration Report               For       For        Management


--------------------------------------------------------------------------------

YAHOO JAPAN CORPORATION

Ticker:                      Security ID:  JP3933800009
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 484, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 30.16 Million Shares to 60.4
      Million Shares
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

YAKULT HONSHA CO. LTD.

Ticker:                      Security ID:  JP3931600005
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.50,
      Final JY 8.50, Special JY 1.50
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
2.20  Elect Director                            For       For        Management
2.21  Elect Director                            For       For        Management
2.22  Elect Director                            For       For        Management
2.23  Elect Director                            For       For        Management
2.24  Elect Director                            For       For        Management
2.25  Elect Director                            For       For        Management
2.26  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       Against    Management


--------------------------------------------------------------------------------

YAMADA DENKI CO.

Ticker:                      Security ID:  JP3939000000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 20, Special JY 1
2     Amend Articles to: Expand Business Lines  For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Increase in Aggregate             For       For        Management
      Compensation Ceiling for Directors
6     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditor, and Special Bonus
      for Family of Deceased Director


--------------------------------------------------------------------------------

YAMAHA CORP.

Ticker:                      Security ID:  JP3942600002
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.5,
      Final JY 12.5, Special JY 0
2     Amend Articles to: Reduce Directors' Term For       For        Management
      in Office
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
4     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

YAMAHA MOTOR CO. LTD.

Ticker:                      Security ID:  JP3942800008
Meeting Date: MAR 29, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 14, Special JY 0
2     Amend Articles to: Reduce Directors' Term For       For        Management
      in Office
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

YAMATO TRANSPORT CO. LTD.

Ticker:                      Security ID:  JP3940000007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 9, Special JY 0
2     Approve Reduction in Legal Reserves       For       For        Management
3     Approve Adoption of Holding Company       For       For        Management
      Structure and Transfer of Delivery
      Business Operations to Wholly-Owned
      Subsidiary
4     Amend Articles to: Expand Business Lines  For       Against    Management
      - Increase Authorized Capital - Clarify
      Director Authorities - Limit Directors'
      Legal Liability - Change Company Name
5.1   Elect Director                            For       For        Management
5.2   Elect Director                            For       For        Management
5.3   Elect Director                            For       For        Management
5.4   Elect Director                            For       For        Management
5.5   Elect Director                            For       For        Management
5.6   Elect Director                            For       For        Management
5.7   Elect Director                            For       For        Management
5.8   Elect Director                            For       For        Management
5.9   Elect Director                            For       For        Management
5.10  Elect Director                            For       For        Management
6     Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

YAMAZAKI BAKING CO. LTD.

Ticker:                      Security ID:  JP3935600001
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 12, Special JY 0


--------------------------------------------------------------------------------

YARA INTERNATIONAL ASA

Ticker:                      Security ID:  NO0010208051
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Harald Arnkvaern as Chairman of     For       For        Management
      Meeting; Designate Inspector or
      Shareholder Representative(s) of Minutes
      of Meeting
2     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income and Dividends of NOK 2.25 Per
      Share
3     Approve Remuneration of Auditors          For       For        Management
4     Approve Remuneration of Members of        For       For        Management
      Nominating Committee
5     Authorize Cancellation of 3 Million       For       For        Management
      Repurchased Shares and Redemption of 1.7
      Million Shares Held by Norwegian State
6     Authorize Repurchase of Up to Five        For       For        Management
      Percent of Issued Share Capital


--------------------------------------------------------------------------------

YELL GROUP PLC

Ticker:                      Security ID:  GB0031718066
Meeting Date: JUL 13, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 6 Pence Per     For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Elect John Condron as Director            For       For        Management
5     Elect John Davis as Director              For       For        Management
6     Elect Lyndon Lea as Director              For       For        Management
7     Elect Lord Powell of Baywater as Director For       For        Management
8     Elect Robert Scott as Director            For       For        Management
9     Elect Charles Carey as Director           For       For        Management
10    Elect John Coghlan as Director            For       For        Management
11    Elect Joachim Eberhardt as Director       For       For        Management
12    Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
13    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
14    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 2,323,812
15    Authorise the Company to Make EU          For       For        Management
      Political Donations and Incur EU
      Political Expenditure up to Aggregate
      Nominal Amount of GBP 100,000
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 348,921
17    Authorise 69,784,148 Ordinary Shares for  For       For        Management
      Market Purchase
18    Amend Articles of Association Re: Removal For       For        Management
      of the Rights of Certain Shareholders to
      Appoint Non-executive Directors, Treasury
      Share Regulations 2003 and the Correction
      of Typographical Errors and Cross
      References


--------------------------------------------------------------------------------

YOKOGAWA ELECTRIC CORP.

Ticker:                      Security ID:  JP3955000009
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.75,
      Final JY 3.75, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 483.73 Million Shares to 1
      Billion Shares - Reduce Maximum Board
      Size - Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

YTL CORPORATION BERHAD

Ticker:                      Security ID:  MYL4677OO000
Meeting Date: DEC 9, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended June
      30, 2004
2     Approve First and Final Dividend of 15    For       Against    Management
      percent for the Financial Year Ended June
      30, 2004
3     Elect Francis Yeoh Sock Ping as Director  For       For        Management
4     Elect Yeoh Seok Kian as Director          For       Against    Management
5     Elect Mark Yeoh Seok Kah as Director      For       For        Management
6     Elect Cheong Keap Tai as Director         For       For        Management
7     Elect Yeoh Tiong Lay as Director          For       Against    Management
8     Elect Yahya Bin Ismail as Director        For       Against    Management
9     Elect Haron Bin Mohd Taib as Director     For       For        Management
10    Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR240,000 for the Financial
      Year Ended June 30, 2004
11    Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
12    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
13    Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
14    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions


--------------------------------------------------------------------------------

YUE YUEN INDUSTRIAL

Ticker:                      Security ID:  BMG988031446
Meeting Date: FEB 24, 2005   Meeting Type: Annual
Record Date:  FEB 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended Sept. 30, 2004
2     Approve Final Dividend of HK$0.46 Per     For       For        Management
      Share for the Year Ended Sept. 30, 2004
3a    Reelect Edward Y. Ku as Director          For       For        Management
3b    Reelect Chan Lu Min as Director           For       For        Management
3c    Reelect John J. D. Sy as Director         For       For        Management
3d    Reelect So Kwan Lok as Director           For       For        Management
3e    Reelect Poon Yiu Kin, Samuel as Director  For       For        Management
3f    Reelect Tsai Pei Chun, Patty as Director  For       For        Management
3g    Authorize Board to Fix the Remuneration   For       For        Management
      of Directors
4     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
5a    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5b    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
6     Adopt New Bylaws of the Company           For       For        Management


--------------------------------------------------------------------------------

YUKOS OIL COMPANY

Ticker:                      Security ID:  US98849W1080
Meeting Date: DEC 20, 2004   Meeting Type: Special
Record Date:  NOV 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO LIQUIDATE VOLUNTARILY THE JOINT-STOCK  For       Abstain    Management
      COMPANY  YUKOS OIL COMPANY , APPROVE A
      PROCEDURE AND TIMELINE FOR THE
      LIQUIDATION AND TO APPOINT, DELEGATE AND
      INSTRUCT A LIQUIDATOR AND LIQUIDATION
      COMMISSION
2     TO FILE FOR YUKOS OIL COMPANY INSOLVENCY  For       Abstain    Management
      WITH THE COURT OF ARBITRATION AND TO
      INSTRUCT THE MANAGING ENTITY YUKOS-MOSCOW
      TO FILE FOR INSOLVENCY WITH THE COURT OF
      ARBITRATION NO LATER THAN 1 (ONE) MONTH
      AFTER TAKING THIS DECISION


--------------------------------------------------------------------------------

ZHEJIANG EXPRESSWAY CO

Ticker:                      Security ID:  CN0009068411
Meeting Date: MAY 23, 2005   Meeting Type: Annual
Record Date:  APR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Directors            For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Proposed Distribution of Profits  For       For        Management
      for the Year 2004
5     Approve Financial Budget for the Year     For       For        Management
      2005
1     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


--------------------------------------------------------------------------------

ZHEJIANG EXPRESSWAY CO

Ticker:                      Security ID:  CN0009068411
Meeting Date: OCT 12, 2004   Meeting Type: Special
Record Date:  SEP 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Interim Dividend of RMB0.04 Per   For       For        Management
      Share


--------------------------------------------------------------------------------

ZURICH FINANCIAL SERVICES AG

Ticker:                      Security ID:  CH0011075394
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Ommission of Dividends
3     Approve CHF 576 Million Reduction in      For       For        Management
      Share Capital via Reduction of Par Value
      and Repayment of CHF 4.00 to Shareholders
4     Extend Authorization Term for Creation of For       For        Management
      CHF 39 Million Conditional Capital
5     Approve Discharge of Board and Senior     For       For        Management
      Management
6.1.1 Elect Manfred Gentz as Director           For       For        Management
6.1.2 Reelect Rosalind Gilmore as Director      For       For        Management
6.1.3 Reelect Dana Mead as Director             For       For        Management
6.1.4 Reelect Gerhard Schulmeyer as Director    For       For        Management
6.2.1 Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors
6.2.2 Ratify OBT AG as Special Statutory        For       For        Management
      Auditors


========== MORGAN STANLEY INSTITUTIONAL FUND INC. - EMERGING MARKETS ===========
==========                         PORTFOLIO                         ===========


ABB LTD. (ASEA BROWN BOVERI LTD)

Ticker:                      Security ID:  INE117A01014
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 7 Per Share      For       For        Management
3     Reappoint D. Paliwal as Director          For       For        Management
4     Reappoint N.S. Raghavan as Director       For       For        Management
5     Approve S.R. Batliboi & Co. as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
6     Approve Transfer of Register of Members,  For       For        Management
      Documents and Certificates to Share
      Registrars


--------------------------------------------------------------------------------

ACER INC.

Ticker:       ACERY          Security ID:  TW0002353000
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Report on Execution of Treasury   None      None       Management
      Stocks
1.3   Receive Supervisors' Report               None      None       Management
2     Amend Articles of Association             For       For        Management
3.1   Elect J T Wang as Director with ID No.    For       For        Management
      N100617472
3.2   Elect Gianfranco Lanci as Director with   For       For        Management
      ID No. Y401054
3.3   Elect Jim Wong as Director with ID No.    For       For        Management
      C120340188
3.4   Elect Stan Shih as Director with ID No.   For       For        Management
      N100407449
3.5   Elect Pier Carlo Falotti as Director with For       For        Management
      ID No. B304618
3.6   Elect a Representative of Hung Rouan      For       For        Management
      Investment Corp, Samuel Yih, as Director
      with ID No. 12505363
3.7   Elect a Representative of Star            For       For        Management
      softcapital Inc, Philip Peng, as Director
      with ID No. 27368182
3.8   Elect George Huang as Supervisor with ID  For       For        Management
      No. A101313365
3.9   Elect Carolyn Yeh as Supervisor with ID   For       For        Management
      No. A202395907
4.1   Accept Financial Statements and Statutory For       For        Management
      Reports
4.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2.30 per Share and Stock
      Dividend of 60 per 1000 Shares
4.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
4.4   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
5     Other Business                            None      None       Management


--------------------------------------------------------------------------------

ADVANCED INFO SERVICE PCL

Ticker:       AVIFY          Security ID:  TH0268010Z11
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  MAR 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Minutes of Previous AGM           For       For        Management
3     Accept Directors' Report                  For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Approve PricewaterhouseCoopers ABAS       For       For        Management
      Limited as Auditors and Authorize Board
      to Fix Their Remuneration
6     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 2.60 per Share
7     Elect Directors and Fix Their             For       For        Management
      Remuneration
8     Approve Issuance of 9.79 Million Units of For       For        Management
      Warrants to Directors, Employees, and
      Advisors of the Company
9     Approve the Issuance of 9.79 Million      For       For        Management
      Shares Reserved Exclusively for the
      Conversion of Warrants
10    Approve Issuance of Warrants to           For       For        Management
      Directors, Employees and Advisors
      Exceeding Five Percent of the Total
      Issuance
11    Approve the Issuance of 620,000 Shares    For       For        Management
      Reserved Exclusively for the Conversion
      of the ESOP Warrants Grant 1, 2, and 3
12    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

AFRICAN BANK INVESTMENTS (FORMERLY THETA GROUP )

Ticker:                      Security ID:  ZAE000030060
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Reelect A.S. Mabogoane as Director        For       For        Management
1.2   Reelect L. Kirkinis as Director           For       For        Management
1.3   Reelect G. Schachat as Director           For       For        Management
1.4   Reelect D.F.G. Tembe as Director          For       For        Management
1.5   Reelect J.A. de Ridder as Director        For       For        Management
1.6   Reelect D.F. Woollam as Director          For       For        Management
1.7   Reelect M.L.D. Marole as Director         For       For        Management
2     Place Authorized But Unissued Shares      For       Against    Management
      under Control of Directors for Use
      Pursuant to ABIL Employee Share
      Participation Scheme
3     Approve Deloitte and Touche as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
4     Authorize New Class of Preferred Stock    For       For        Management
      Re: 5 Million Nonredeemable,
      Noncumulative, Nonparticipating
      Preference Shares
5     Amend Articles Re: Terms and Conditions   For       For        Management
      of Nonredeemable, Noncumulative,
      Nonparticipating Preference Shares
6     Amend Article 3.2                         For       For        Management
7     Place Authorized But Unissued Preference  For       For        Management
      Shares under Control of Directors
8     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

AFRICAN LIFE ASSURANCE

Ticker:                      Security ID:  ZAE000000246
Meeting Date: AUG 12, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Mar. 31, 2004
2     Reelect Retiring Directors J.A. Burbidge, For       For        Management
      W.A. Jack, J.D. Krige, and W.T. Roos
3     Approve Remuneration of Directors and     For       For        Management
      Chairman
4     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
5     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of Ten
      Percent of Issued Capital
6     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

AFRICAN LIFE ASSURANCE

Ticker:                      Security ID:  S4491N107
Meeting Date: JUL 9, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Creation of 13 Million          For       Did Not    Management
      Redeemable Cumulative Option Holding Par            Vote
      Value Preference Shares
1     Authorize Creation of 13 Million          For       For        Management
      Redeemable Cumulative Option Holding Par
      Value Preference Shares
2     Amend Articles Re: Terms and Conditions   For       Did Not    Management
      of Preference Shares                                Vote
2     Amend Articles Re: Terms and Conditions   For       For        Management
      of Preference Shares
3     Authorize Board to Allot and Issue Shares For       Did Not    Management
      Pursuant to Redemption of Redeemable                Vote
      Preference Shares
3     Authorize Board to Allot and Issue Shares For       For        Management
      Pursuant to Redemption of Redeemable
      Preference Shares
4     Place Authorized But Unissued Shares      For       Did Not    Management
      under Control of Directors Pursuant to              Vote
      Main Street 199 (Pty) Ltd.
4     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors Pursuant to
      Main Street 199 (Pty) Ltd.


--------------------------------------------------------------------------------

AFRICAN LIFE ASSURANCE

Ticker:                      Security ID:  ZAE000000246
Meeting Date: JUL 9, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Creation of 13 Million          For       Did Not    Management
      Redeemable Cumulative Option Holding Par            Vote
      Value Preference Shares
1     Authorize Creation of 13 Million          For       For        Management
      Redeemable Cumulative Option Holding Par
      Value Preference Shares
2     Amend Articles Re: Terms and Conditions   For       Did Not    Management
      of Preference Shares                                Vote
2     Amend Articles Re: Terms and Conditions   For       For        Management
      of Preference Shares
3     Authorize Board to Allot and Issue Shares For       Did Not    Management
      Pursuant to Redemption of Redeemable                Vote
      Preference Shares
3     Authorize Board to Allot and Issue Shares For       For        Management
      Pursuant to Redemption of Redeemable
      Preference Shares
4     Place Authorized But Unissued Shares      For       Did Not    Management
      under Control of Directors Pursuant to              Vote
      Main Street 199 (Pty) Ltd.
4     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors Pursuant to
      Main Street 199 (Pty) Ltd.


--------------------------------------------------------------------------------

AGORA SA

Ticker:                      Security ID:  PLAGORA00067
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  JUN 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman; Approve Meeting   For       Did Not    Management
      Procedures                                          Vote
3     Receive Financial Statements and          None      Did Not    Management
      Management Board Report on Company's                Vote
      Activities in 2004; Receive Consolidated
      Financial Statements and Management Board
      Report on Agora Group's Activities in
      2004
4     Approve Financial Statements and          For       Did Not    Management
      Management Board Report on Company's                Vote
      Activities in 2004
5     Approve Consolidated Financial Statements For       Did Not    Management
      and Management Board Report on Agora                Vote
      Group's Activities in 2004
6     Approve Allocation of Income and          For       Did Not    Management
      Dividends of PLN 0.50 Per Share                     Vote
7     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital for Cancellation            Vote
8.1   Approve Discharge of Wanda Rapaczynski    For       Did Not    Management
      (Management Board)                                  Vote
8.2   Approve Discharge of Piotr Niemczycki     For       Did Not    Management
      (Management Board)                                  Vote
8.3   Approve Discharge of Helena Luczywo       For       Did Not    Management
      (Management Board)                                  Vote
8.4   Approve Discharge of Zbigniew Bak         For       Did Not    Management
      (Management Board)                                  Vote
8.5   Approve Discharge of Jaroslaw Szalinski   For       Did Not    Management
      (Management Board)                                  Vote
9.1   Approve Discharge of Anna Fornalczyk      For       Did Not    Management
      (Supervisory Board)                                 Vote
9.2   Approve Discharge of Stanislaw            For       Did Not    Management
      Soltysinski (Supervisory Board)                     Vote
9.3   Approve Discharge of Tomasz Sielicki      For       Did Not    Management
      (Supervisory Board)                                 Vote
9.4   Approve Discharge of Louis Zachary        For       Did Not    Management
      (Supervisory Board)                                 Vote
9.5   Approve Discharge of Sanford Schwartz     For       Did Not    Management
      (Supervisory Board)                                 Vote
10    Elect Chairman of Supervisory Board       For       Did Not    Management
                                                          Vote
11    Amend Rules of Remuneration of            For       Did Not    Management
      Supervisory Board                                   Vote
12    Amend Statute Re: Editorial Changes       For       Did Not    Management
                                                          Vote
13    Adopt Unified Text of Statute             For       Did Not    Management
                                                          Vote
14    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

AIR CHINA LTD

Ticker:                      Security ID:  CN000A0DNWD6
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Profit Distribution Proposal for  For       For        Management
      the Year 2004
5     Approve Budget for the Year 2005          For       For        Management
6     Elect David Muir Turnbull as Director     For       For        Management
7     Reappoint Ernst & Young as International  For       For        Management
      Auditors and Ernst & Young Hua Ming CPAs
      Limited Company as Domestic Auditors and
      Authorize Board to Fix Their Remuneration
8     Approve the Rules of Procedures for       For       For        Management
      Shareholders General Meeting of the
      Company
9a    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
9b    Authorize Board of Directors to Increase  For       Against    Management
      Registered Capital and Amend Articles of
      Association to Reflect Such Increase in
      the Registered Capital in Connection with
      the Mandate to Issuance Shares without
      Preemptive Rights
9c    Amend Articles Re: Recent Initial Public  For       For        Management
      Offering
9d    Approve Issuance of Corporate Bonds in    For       For        Management
      the Total Amount of RMB 3.0 Billion and
      Authorize the Board of Directors to Deal
      with All Related Matters
9e    Approve Conversion of the Company into a  For       For        Management
      Foreign Invested Company Limited by
      Shares and Authorize Board to Deal with
      or to Appoint a Person to Deal with the
      Relevant Application Procedures
9f    Approve Short-Term Commercial Paper       For       Against    Management
      Issuing Program With a Total Amount
      Capped to RMB 5.0 Billion and First
      Tranche of Issue Will Be No More than RMB
      2.0 Billion; and Authorize Board and
      Management to Determine Matters in
      Relation to the Program


--------------------------------------------------------------------------------

AKBANK

Ticker:       AKBNY          Security ID:  TRAAKBNK91N6
Meeting Date: JUN 23, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting and    For       Did Not    Management
      Authorize Council to Sign Minutes of                Vote
      Meeting
2     Authorize Repurchase of Founders and      For       Did Not    Management
      Usufruct Shares                                     Vote
3     Amend Articles to Reflect Changes in      For       Did Not    Management
      Capital                                             Vote


--------------------------------------------------------------------------------

AKBANK

Ticker:       AKBNY          Security ID:  TRAAKBNK91N6
Meeting Date: MAR 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
3     Approve Financial Statements and          For       Did Not    Management
      Discharge Directors                                 Vote
4     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
5     Elect Mevlut Aydemir Internal Auditors to For       Did Not    Management
      Replace Resigning Auditor Yalcin                    Vote
      Kucukertunc
6     Approve Basaran Nas as Independent        For       Did Not    Management
      External Auditors                                   Vote
7     Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose


--------------------------------------------------------------------------------

AKBANK

Ticker:       AKBNY          Security ID:  TRAAKBNK91N6
Meeting Date: MAY 30, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting and    For       Did Not    Management
      Authorize Council to Sign Minutes of                Vote
      Meeting
2     Approve Financial Statements Re: Merger   For       Did Not    Management
      by Absorption of Ak Uluslararasi Bankasi            Vote
      A.S.
3     Approve Draft Merger by Absorption        For       Did Not    Management
      Agreement                                           Vote
4     Amend Articles Re: New Currency of the    For       Did Not    Management
      Republic of Turkey                                  Vote


--------------------------------------------------------------------------------

AKCANSA CIMENTO SA

Ticker:                      Security ID:  TRAAKCNS91F3
Meeting Date: MAR 23, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
5     Accept Financial Statements and           For       Did Not    Management
      Allocation of Income                                Vote
6     Elect Directors Appointed During the Year For       Did Not    Management
                                                          Vote
7     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
8     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
9     Elect Internal Auditors and Determine     For       Did Not    Management
      Their Terms of Office                               Vote
10    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
11    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose


--------------------------------------------------------------------------------

ALL AMERICA LATINA LOGISTICASA ALL AMERICA LAT  BRASIL

Ticker:                      Security ID:  BRALLLACNPR3
Meeting Date: NOV 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Alexandre Behring Costa as          For       Did Not    Management
      Co-Chairman to the Mangement Board                  Vote
2     Elect New Director to the Management      For       Did Not    Management
      Board                                               Vote
3     Approve Conversion of Shares Purchased in For       Did Not    Management
      the Market into Preferred Shares, or of             Vote
      an Equal Number of Preferred Shares
      Registered as Direct Investments Held by
      Foreign Investors, into Common Shares
4     Approve Creation of Audit Committee and   For       Did Not    Management
      Amend Bylaws Accordingly                            Vote
5     Approve Remuneration of Finance Committee For       Did Not    Management
      Members                                             Vote


--------------------------------------------------------------------------------

ANGLO AMERICAN PLATINUM CORP. LTD.

Ticker:                      Security ID:  ZAE000013181
Meeting Date: MAR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended December 31, 2004
2     Reelect D.D. Barber as Director Appointed For       For        Management
      During the Year
3     Reelect C.B. Brayshaw as Director         For       For        Management
4     Reelect J.M. Halhead as Director          For       For        Management
      Appointed During the Year
5     Reelect S.E. Jonah as Director Appointed  For       For        Management
      During the Year
6     Reelect A.E. Redman as Director Appointed For       For        Management
      During the Year
7     Reelect A.J. Trahar as Director           For       Against    Management
8     Reelect D.G. Wanbladas Director Appointed For       For        Management
      During the Year
9     Reelect A.I. Wood as Director             For       For        Management
10    Ratify Deloitte and Touche as Auditors    For       For        Management
11    Amend Articles of Association Re:         For       For        Management
      Unclaimed Dividends
12    Change the Name of the Company to Anglo   For       For        Management
      Platinum Ltd.
13    Amend Articles of Association Re:         For       For        Management
      Authorizing Communication by Electronic
      Medium
14    Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
15    Approve Remuneration of Directors         For       For        Management
16    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

ANGLO AMERICAN PLC (FORMERLY ANGLO AME. CORP. OF S. AFRICA L

Ticker:                      Security ID:  GB0004901517
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 51 US Cents Per For       For        Management
      Share
3     Elect R Medori as Director                For       For        Management
4     Elect R Alexander as Director             For       For        Management
5     Elect D Hathorn as Director               For       For        Management
6     Elect S Thompson as Director              For       For        Management
7     Re-elect R Godsell as Director            For       For        Management
8     Re-elect A Trahar as Director             For       For        Management
9     Re-elect K Van Miert as Director          For       For        Management
10    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Remuneration Report               For       For        Management
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 248,500,000
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 37,250,000
15    Authorise 149,000,000 Shares for Market   For       For        Management
      Purchase


--------------------------------------------------------------------------------

ARCELIK

Ticker:                      Security ID:  TRAARCLK91H5
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
3     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
4     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
5     Fix Number of and Elect Directors         For       Did Not    Management
                                                          Vote
6     Elect Internal Auditors                   For       Did Not    Management
                                                          Vote
7     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
8     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
9     Amend Articles Re: Corporate Purpose,     For       Did Not    Management
      Authorized Capital, Number of Votes, and            Vote
      Allocation of Capital
10    Authorize Board to Distribute Dividend    For       Did Not    Management
      Advances in 2005                                    Vote
11    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
12    Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
13    Wishes                                    None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ASIA ALUMINUM HOLDINGS (FRMRLY. GLOBAL APPLIED TECH. HLDGS.

Ticker:                      Security ID:  BMG0535R1079
Meeting Date: JAN 24, 2005   Meeting Type: Special
Record Date:  JAN 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Loan Agreement Between Asia       For       For        Management
      Aluminum Hldgs. Ltd. (the Company) and
      China Steel Devt. Co. Ltd. (CSD) and
      Financial Assistance Involving
      Shareholder's Loan of Up to $300 Million
      from the Net Proceeds of the Notes Issue
      by the Company to CSD


--------------------------------------------------------------------------------

ASIA ALUMINUM HOLDINGS (FRMRLY. GLOBAL APPLIED TECH. HLDGS.

Ticker:                      Security ID:  BMG0535R1079
Meeting Date: NOV 29, 2004   Meeting Type: Annual
Record Date:  NOV 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend for the Year Ended For       For        Management
      June 30, 2004
3a    Reelect Zhong Jianqiu as Director         For       For        Management
3b    Reelect Chou Shun, Alan as Director       For       For        Management
3c    Authorize Board to Fix Directors'         For       For        Management
      Remuneration
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5a    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5b    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
6     Amend Bylaws Re: Voting at General        For       For        Management
      Meetings, Nomination of Directors,
      Material Interest of Directors in
      Contracts Entered into by the Company


--------------------------------------------------------------------------------

ASIA OPTICAL CO.

Ticker:                      Security ID:  TW0003019006
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results of FY 2004
1.2   Receive Supervisor's Report               None      None       Management
1.3   Receive Report on Indirect Investments in None      None       Management
      Mainland China
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 4.5 per Share and Stock
      Dividend of 100 Shares per 1000 Shares
3.1   Amend Articles of Association             For       Against    Management
3.2   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.3   Amend Procedures Governing the            For       Against    Management
      Acquisition or Disposal of Assets
3.4   Amend Endorsement and Guarantee           For       Against    Management
      Procedures
4     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

ASIAN PROPERTY DEVELOPMENT PUBLIC CO LTD

Ticker:                      Security ID:  TH0308010Z15
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income and Dividend For       For        Management
      of Baht 0.20 per Share
4     Elect Directors                           For       For        Management
5     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
6     Approve Remuneration and Bonus of         For       For        Management
      Directors
7     Approve Increase in Registered Capital to For       Against    Management
      Baht 2.34 Billion and Amend Memorandum of
      Association
8     Approve Issuance of 34 Million Units of   For       Against    Management
      Warrants to Directors, Employees, and
      Advisors of the Company
9     Approve Issuance of 68.15 Million Shares  For       Against    Management
10    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

AVENTIS PHARMA (FORMERLY HOECHST MARION ROUSSEL LTD.)

Ticker:                      Security ID:  INE058A01010
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 16 Per Share     For       For        Management
3     Elect S.R. Gupte as Director              For       For        Management
4     Approve S.R. Batliboi & Co. as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
5     Authorize Board to Appoint Branch         For       For        Management
      Auditors
6     Appoint A. Peychaud as Director           For       For        Management
7     Appoint J. Perez as Director              For       For        Management
8     Approve Sitting Fees for Nonexecutive     For       For        Management
      Directors


--------------------------------------------------------------------------------

AVI LTD. (FRMLY ANGLOVAAL INDUSTRIES LTD. (AVI))

Ticker:                      Security ID:  ZAE000049433
Meeting Date: FEB 7, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Concersion of 20,000 Variable     For       For        Management
      Rate Cumulative Redeemable Preference
      Shares into Ordinary Shares in the
      Authorized Capital of Company
2     Authorize Specific Repurchase of 27.4     For       For        Management
      Million Shares from Wholly Owned
      Subsidiary Anglovaal Industries
      Investments (Pty) Ltd.
3     Approve Cash Distribution to Shareholders For       For        Management
      via Reduction of Share Premium Account
4     Approve Unbundling of Interest in Consol  For       For        Management
      Ltd. to Shareholders
5     Amend Anglovaal Industries Ltd. Share     For       Against    Management
      Incentive Scheme
6     Amend Anglovaal Industries Ltd. Executive For       Against    Management
      Share Incentive Scheme
7     Amend Anglovaal Industries Ltd. Equity    For       For        Management
      Participation Plan
8     Amend Articles of Association Re:         For       For        Management
      Anglovaal Industries Ltd. Equity
      Participation Plan
9     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

AVI LTD. (FRMLY ANGLOVAAL INDUSTRIES LTD. (AVI))

Ticker:                      Security ID:  ZAE000049433
Meeting Date: OCT 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2     Reappoint KPMG Inc. as Auditors           For       For        Management
3     Reelect P.M. Bester as Director           For       Against    Management
4     Reelect R.C. Gordon as Director           For       Against    Management
5     Reelect S.D. Jagoe as Director            For       Against    Management
6     Reelect R.S. Katzen as Director           For       Against    Management
7     Reelect M.H. Buthelezi as Director        For       Against    Management
8     Reelect J. Canca as Director              For       Against    Management
9     Reelect A. Fihla as Director              For       Against    Management
10    Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital
11    Approve Remuneration of Directors         For       For        Management


--------------------------------------------------------------------------------

AVICHINA INDUSTRY & TECHNOLOGY

Ticker:                      Security ID:  CN0005926851
Meeting Date: DEC 30, 2004   Meeting Type: Special
Record Date:  DEC 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Board Composition      For       For        Management
2     Elect Li Xianzong as an Independent       For       For        Management
      Non-Executive Director and Authorize the
      Remuneration Committee of the Board to
      Fix His Remuneration


--------------------------------------------------------------------------------

AVICHINA INDUSTRY & TECHNOLOGY

Ticker:                      Security ID:  CN0005926851
Meeting Date: MAR 22, 2005   Meeting Type: Special
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Equity Interests   For       Did Not    Management
      in Hafei Auto Co. Ltd. by Harbin Dongan             Vote
      Auto Engine Co., Ltd.


--------------------------------------------------------------------------------

BANCO BRADESCO S.A.

Ticker:                      Security ID:  BRBBDCACNPR8
Meeting Date: MAR 10, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports for Fiscal Year Ended Dec. 31,              Vote
      2004
2     Elect Directors to the Board of Directors For       Did Not    Management
                                                          Vote
3     Elect Directors to the Supervisory Board  For       Did Not    Management
                                                          Vote
4     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
5     Ratify an Increase in Capital, Approved   For       Did Not    Management
      at the EGM Held on Dec. 9, 2004, by BRL             Vote
      700 Million Through the Subscription of
      17.5 Million Shares, of Which, 8.8
      Million are Common Shares and 8.7 Million
      are Preferred Shares


--------------------------------------------------------------------------------

BANCO ITAU HOLDING FINANCEIRA(FRMLY BANCO ITAU S.A.)

Ticker:                      Security ID:  BRITAUACNPR3
Meeting Date: APR 27, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Elect Members to the Board of Directors   For       Did Not    Management
                                                          Vote
4     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Authorize Increase in Capital to BRL 8.3  For       Did Not    Management
      Billion from BRL 8.1 Billion Through                Vote
      Capitalization of Reserves, Without
      Issuance of Shares
7     Cancel 88,803 Common Shares Held in       For       Did Not    Management
      Treasury, Without Reduction in the                  Vote
      Company's Capital
8     Transform the Current Itau Holdings       For       Did Not    Management
      Options Committee into a Remuneration               Vote
      Committee
9     Account for the Disclosure Committee and  For       Did Not    Management
      the  Securities Transaction Commmittee in           Vote
      the Bylaws
10    Increase Size of the Executive Officer    For       Did Not    Management
      Board to 12 Members from 10; Create the             Vote
      Positions of Managing Director and Deputy
      Managing Director; Modify Directors
      Responsibilities and; Increase the Term
      for the Board to Elect the Executive
      Officer Board
11    Amend Bylaws in Light of the              For       Did Not    Management
      Modifications in the Previous  Items As             Vote
      Well As Register the Financial
      Institution Providing Services for
      Registered Shares and Make Available the
      Auditor's Report to the Private Insurance
      Superintendency
12    Amend Stock Option Plan Re:               For       Did Not    Management
      Transformation of the Itau Holding                  Vote
      Options Committee into the Remuneration
      Committee


--------------------------------------------------------------------------------

BANCOLOMBIA (FORMERLY BANCO INDUSTRIAL COLOMBIANO)

Ticker:                      Security ID:  05968L102
Meeting Date: MAR 28, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF (A) THE MERGER AGREEMENT BY   For       For        Management
      THE COMPANY WITH CONAVI AND CORFINSURA,
      AS SUCH MERGER AGREEMENT MAY BE AMENDED,
      AND THE SUBSEQUENT MERGER OF THE THREE
      ENTITIES WITH THE COMPANY BEING THE
      SURVIVING ENTITY, AND (B) THE
      CORRESPONDING ISSUANCE OF BA


--------------------------------------------------------------------------------

BANDAR RAYA DEVELOPMENTS BHD.

Ticker:                      Security ID:  MYL1473OO007
Meeting Date: FEB 4, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition by the Company of Two For       For        Management
      Parcels of Freehold Land from Jayavest
      Sdn Bhd for a Total Cash Consideration of
      MYR57.8 Million


--------------------------------------------------------------------------------

BANDAR RAYA DEVELOPMENTS BHD.

Ticker:                      Security ID:  MYL1473OO007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve First and Final Dividend of 3     For       Against    Management
      Percent Less Income Tax for the Financial
      Year Ended Dec. 31, 2004
3     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR 216,000 for the Financial
      Year Ended Dec. 31, 2004
4     Elect Vijeyaratnam a/l V. Thamotharam     For       For        Management
      Pillay as Director
5     Elect Azlan Bin Abdullah as Director      For       For        Management
6     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to 10
      Percent of Issued Share Capital


--------------------------------------------------------------------------------

BANGKOK BANK

Ticker:                      Security ID:  TH0001010014
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Report of the Audit Committee      For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 1.00 per Share
6     Elect Directors                           For       For        Management
7     Approve Deloitte Touche Tohmatsu Jaiyos   For       For        Management
      as Auditors and Authorize Board to Fix
      Their Remuneration
8     Amend Memorandum of Association Re:       For       For        Management
      Conversion of 213,345 of Class A
      Preferred Shares
9     Approve the Reconsideration of            For       Against    Management
      Resolutions Regarding the Allocation of
      Shares and Issuance of Various Types of
      the Bank's Securities
10    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

BANPU PUBLIC COMPANY LTD.

Ticker:                      Security ID:  TH0148010018
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 3.25 per Share
5.1   Elect Directors                           For       For        Management
5.2   Approve Remuneration of Directors         For       For        Management
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

BARLOWORLD LIMITED (FORMERLY BARLOW LTD.)

Ticker:                      Security ID:  ZAE000026639
Meeting Date: JAN 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Financial Year Ended Sept.
      30, 2004
2.1   Reelect P.J. Blackbeard as Director       For       For        Management
      Appointed During the Year
2.2   Reelect W.A.M. Clewlow as Director        For       For        Management
2.3   Reelect B.P. Diamond as Director          For       For        Management
2.4   Reelect J.E. Gomersall as Director        For       For        Management
2.5   Reelect D.B. Ntsebeza as Director         For       For        Management
2.6   Reelect G. de los Rios as Director        For       For        Management
      Appointed During the Year
2.7   Reelect E.P. Theron as Director           For       For        Management
3     Ratify Deloitte and Touche as Auditors    For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Place Authorized But Unissued Shares      For       Against    Management
      under Control of Directors for Use
      Pursuant to Share Option Scheme
6     Amend Articles of Association Re:         For       For        Management
      Guarantee of Obligations of Subsidiaries


--------------------------------------------------------------------------------

BHARAT HEAVY ELECTRICALS LTD.

Ticker:                      Security ID:  INE257A01018
Meeting Date: SEP 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 6 Per Share      For       For        Management
3     Reappoint H.W. Bhatnagar as Director      For       For        Management
4     Reappoint C. Srinivasan as Director       For       For        Management
5     Reappoint S. Upasani as Director          For       For        Management
6     Approve J.C. Bhalla & Co. as Auditors and For       For        Management
      Authorize Board to Fix Their Remuneration
7     Appoint R. Rai as Director                For       For        Management
8     Appoint S.K. Jain as Director             For       For        Management
9     Appoint A.H. Jung as Director             For       For        Management
10    Appoint S.S. Supe as Director             For       For        Management
11    Appoint R. Pant as Director               For       For        Management
12    Appoint V. Nayyar as Director             For       For        Management
13    Appoint A.K. Puri as Director             For       For        Management
14    Appoint N. Chaturvedi as Director         For       For        Management
15    Appoint D.R.S. Chaudhary as Director      For       For        Management
16    Approve Voluntary Delisting of Company    For       For        Management
      Shares


--------------------------------------------------------------------------------

C.P.SEVEN ELEVEN PUBLIC CO LTD

Ticker:                      Security ID:  TH0737010015
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Increase in Registered Capital to For       For        Management
      Baht 4.5 Billion
5     Amend Memorandum of Association to        For       For        Management
      Reflect Increase in Registered Capital
6     Approve Allocation of Income and Cash     For       For        Management
      Dividend of Baht 2.25 per Share and Stock
      Dividend of One Existing Share to One New
      Share
7     Reduce Par Value of Common Stock to Baht  For       For        Management
      1 from Baht 5
8     Amend Memorandum of Association to        For       For        Management
      Reflect Decrease in Par Value
9     Elect Directors                           For       For        Management
10    Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
11    Approve Remuneration of Directors         For       For        Management
12    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

C.P.SEVEN ELEVEN PUBLIC CO LTD

Ticker:                      Security ID:  TH0737010Z15
Meeting Date: JUN 30, 2005   Meeting Type: Special
Record Date:  JUN 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Amend Articles of Association Re: Shares  For       For        Management
      Buy Back
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

CATCHER TECHNOLOGY CO LTD

Ticker:                      Security ID:  TW0002474004
Meeting Date: MAY 31, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Status of Endorsements  None      None       Management
      and Guarantees
1.4   Receive Report on the Indirect Investment None      None       Management
      to China
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1.00 per Share and Stock
      Dividend of 400 Shares per 1000 Shares
3.1   Amend Articles of Association             For       Against    Management
3.2   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
4     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

CATHAY FINANCIAL HOLDING COMPANY

Ticker:                      Security ID:  TW0002882008
Meeting Date: JUN 3, 2005    Meeting Type: Annual
Record Date:  APR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2.50 per Share
3.1   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
3.2   Amend Articles of Association             For       Against    Management
4     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

CEMEX S.A.

Ticker:                      Security ID:  151290889
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PRESENTATION, DISCUSSION AND, IF          For       For        Management
      APPLICABLE, APPROVAL OF THE FINANCIAL
      STATEMENTS FOR THE FISCAL YEAR ENDED
      DECEMBER 31, 2004, AS REQUIRED BY THE
      MEXICAN CORPORATION LAW AND THE
      SECURITIES MARKET LAW, AFTER PRESENTATION
      OF THE REPORTS.
2     PROPOSAL FOR THE ALLOCATION OF PROFITS    For       For        Management
      AND THE MAXIMUM AMOUNT OF FUNDS TO BE
      USED FOR THE PURCHASE OF COMPANY SHARES.
3     PROPOSAL TO INCREASE THE CAPITAL STOCK OF For       For        Management
      THE COMPANY IN ITS VARIABLE PORTION
      THROUGH CAPITALIZATION CHARGED AGAINST
      RETAINED EARNINGS, SUBMITTED FOR
      CONSIDERATION OF THE SHAREHOLDERS AT THE
      MEETING.
4     APPOINTMENT OF DIRECTORS AND STATUTORY    For       For        Management
      AUDITORS, ACCORDING TO THE PROPOSAL OF
      SHAREHOLDERS SUBMITTED FOR CONSIDERATION.
5     COMPENSATION OF DIRECTORS AND STATUTORY   For       For        Management
      AUDITORS, ACCORDING TO THE PROPOSAL OF
      SHAREHOLDERS SUBMITTED FOR CONSIDERATION.
6     APPOINTMENT OF DELEGATES TO FORMALIZE THE For       For        Management
      RESOLUTIONS ADOPTED AT THE MEETING.
7     PROPOSAL TO SPLIT EACH OF THE COMPANY S   For       For        Management
      SERIES  A  AND SERIES  B  SHARES
      CURRENTLY OUTSTANDING INTO TWO NEW SHARES
      OF THE SAME SERIES AND TYPE OF CAPITAL,
      FIXED OR VARIABLE, AND TO AMEND ARTICLE 6
      OF THE COMPANY S BY-LAWS OR ESTATUTOS
      SOCIALES.
8     APPOINTMENT OF DELEGATES TO FORMALIZE THE For       For        Management
      RESOLUTIONS ADOPTED AT THE MEETING.


--------------------------------------------------------------------------------

CEMIG, COMPANHIA ENERGETICA DE MINAS GERAIS

Ticker:       CZME70         Security ID:  BRCMIGACNPR3
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Payment of Interest Over Capital  For       Did Not    Management
      and Dividends                                       Vote
4     Elect Supervisory Board Members, Their    For       Did Not    Management
      Alternates and Fix their Remuneration               Vote
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

CEMIG, COMPANHIA ENERGETICA DE MINAS GERAIS

Ticker:       CIG            Security ID:  BRCMIGACNPR3
Meeting Date: AUG 20, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Shareholder Proposal: Remove Existing     None      Did Not    Shareholder
      Director; Elect New Management Board                Vote
      Members and Alternates by Cumulative
      Voting


--------------------------------------------------------------------------------

CEMIG, COMPANHIA ENERGETICA DE MINAS GERAIS

Ticker:       CZME70         Security ID:  BRCMIGACNPR3
Meeting Date: JAN 18, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
2     Modification of Board Composition and     None      Did Not    Shareholder
      Subsequent Election of  Directors and               Vote
      Alternates Through Cumulative Voting in
      Light of Resignation of Board Member


--------------------------------------------------------------------------------

CH KARNCHANG PUBLIC LIMITED CO.

Ticker:                      Security ID:  TH0530010Z14
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:  MAR 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Dividend For       For        Management
      of Baht 0.10 per Share
5     Elect Directors                           For       For        Management
6     Approve Remuneration of Directors         For       For        Management
7     Approve Ernst & Young Office Limited as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
8     Authorize Issuance of Debentures not      For       For        Management
      exceeding Baht 3 Billion or its
      Equivalent in Other Currency
9     Approve Increase in Registered Capital to For       For        Management
      Baht 1.45 Billion
10    Amend Memorandum of Association to        For       For        Management
      Reflect Increase  in Registered Capital
11    Approve Issuance of 137.5 Million Shares  For       For        Management
12    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

CH KARNCHANG PUBLIC LIMITED CO.

Ticker:                      Security ID:  TH0530010Z14
Meeting Date: JUN 22, 2005   Meeting Type: Special
Record Date:  JUN 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Ratify the Execution of the Memorandum of For       For        Management
      Understanding on the Tariff Structure and
      Principle Terms and Conditions of Nam
      Ngum 2- Hydroelectric Power Project
3     Approve Acquisition 50 Percent Share      For       For        Management
      Equity of Thai Tap Water Supply Co, Ltd
4     Approve Selling and/or Transferring the   For       For        Management
      Option to Purchase Part of Ordinary
      Shares in Thai Tap Water Supply Co, Ltd
5     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

CHEIL INDUSTRIES

Ticker:                      Security ID:  KR7001300003
Meeting Date: FEB 28, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends
2     Elect Directors                           For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors
4     Approve Limit on Remuneration of Auditors For       For        Management


--------------------------------------------------------------------------------

CHENG HSING RUBBER INDUSTRY CO. LTD.

Ticker:                      Security ID:  TW0002105004
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Status of Endorsements  None      None       Management
      and Guarantees
1.4   Receive Report on the Issuance of         None      None       Management
      Corporate Debt
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1 per Share and Stock
      Dividend of 85 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       Against    Management
3     Elect Directors and Supervisors           For       For        Management
4     Other Business                            None      None       Management


--------------------------------------------------------------------------------

CHINA LIFE INSURANCE CO LTD

Ticker:                      Security ID:  CN0003580601
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  MAY 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Authorize Board to Fix the Remuneration   For       For        Management
      of the Directors and Supervisors
5     Reappoint PricewaterhouseCoopers Zhong    For       For        Management
      Tian CPAs Limited Company, Certified
      Public Accountants and
      PricewaterhouseCoopers, Certified Public
      Accountants as PRC and International
      Auditors Respectively and Authorize Board
      to Fix Their Remuneration
6     Amend Articles Re: Convening Board        For       For        Management
      Meetings, Delivery of Notices for
      Meetings, Inspection Authority of
      Directors
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


--------------------------------------------------------------------------------

CHINA MOBILE (HONG KONG) LIMITED

Ticker:       CHL            Security ID:  HK0941009539
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.46 Per     For       For        Management
      Share
3a    Reelect Wang Jianzhou as Director         For       For        Management
3b    Reelect Zhang Chenshuang as Director      For       For        Management
3c    Reelect Li Mofang as Director             For       For        Management
3d    Reelect Julian Michael Horn-Smith as      For       For        Management
      Director
3e    Reelect Li Yue as Director                For       For        Management
3f    Reelect He Ning as Director               For       For        Management
3g    Reelect Frank Wong Kwong Shing as         For       For        Management
      Director
4     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
5     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

CHINA OILFIELD SERVICES LTD

Ticker:                      Security ID:  CN0007789299
Meeting Date: NOV 29, 2004   Meeting Type: Special
Record Date:  OCT 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Provision of Offshore Oilfield    For       For        Management
      Services by China Oilfield Services Ltd.
      and Its Subsidiaries (the Group) to China
      National Offshore Oil Corp. and Its
      Subsidiaries (CNOOC Group)
2     Approve Provision of Offshore Oilfield    For       For        Management
      Services by China Nanhai-Magcobar Mud
      Corp. Ltd. (Magcobar) to CNOOC Group
3     Approve Provision by CNOOC Group of       For       For        Management
      Materials, Utilities, Labor and Ancillary
      Support Services to the Group
4     Approve Provision by CNOOC Group of       For       For        Management
      Materials, Utilities, Labor and Ancillary
      Support Services to Magcobar
5     Approve Provision by CNOOC Group of       For       For        Management
      Office and Production Premises and
      Related Property Management Services to
      the Group (Including Magcobar)
6     Approve Provision of Depositary and       For       Against    Management
      Transaction Settlement Services by CNOOC
      Finance Corp. Ltd. to the Group


--------------------------------------------------------------------------------

CHINA OILFIELD SERVICES LTD

Ticker:                      Security ID:  CN0007789299
Meeting Date: OCT 28, 2004   Meeting Type: Special
Record Date:  OCT 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Interim Dividend of       For       For        Management
      RMB0.0229 Per Share
2     Approve Cap Amount of Connected           For       Against    Management
      Transactions with a Related Party
3     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Nomination of Directors,
      Editing Changes


--------------------------------------------------------------------------------

CHINA PETROLEUM & CHEMICAL CORP.

Ticker:                      Security ID:  CN0005789556
Meeting Date: DEC 21, 2004   Meeting Type: Special
Record Date:  NOV 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Certain            For       For        Management
      Petrochemical Assets from China
      Petrochemical Corp. (Sinopec Group Co.)
2     Approve Acquisition of Certain Catalyst   For       For        Management
      Assets from Sinopec Group Co.
3     Approve Acquisition of Certain Gas        For       For        Management
      Station Assets from Sinopec Group Co.
4     Approve Disposal of Certain Downhole      For       For        Management
      Operation Assets to Sinopec Group Co.
5     Authorize Board to Perform All Relevant   For       For        Management
      Matters in Relation to the Acquisition
      and Disposition
6     Approve Proposal Regarding the Adjustment For       For        Management
      to the Capital Expenditure Plan for the
      Year 2004


--------------------------------------------------------------------------------

CHINA PETROLEUM & CHEMICAL CORP.

Ticker:                      Security ID:  CN0005789556
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Final Dividend                    For       For        Management
5     Appoint PRC and International Auditors,   For       For        Management
      Respectively, and Authorize Board to Fix
      Their Remuneration
6     Approve Feasibility Study Report of       For       Against    Management
      Tianjin One Million Tonnes Per Annum
      Ethylene and Auxiliary Facilities Project


--------------------------------------------------------------------------------

CHINA RESOURCES POWER HOLDINGS CO LTD

Ticker:                      Security ID:  HK0836012952
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect Song Lin as Director              For       For        Management
3b    Reelect Wang Shuai Ting as Director       For       For        Management
3c    Reelect Shen Zhong Min as Director        For       For        Management
3d    Reelect Tang Cheng as Director            For       For        Management
3e    Reelect Zhang Shen Wen as Director        For       For        Management
3f    Reelect Jiang Wei as Director             For       Against    Management
3g    Reelect Fong Ching, Eddy as Director      For       For        Management
3h    Reelect Anthony H. Adams as Director      For       For        Management
3i    Reelect Wu Jing Ru as Director            For       For        Management
3j    Fix Remuneration of Directors             For       For        Management
4     Reappoint Deloitte Touche Tohmatsu as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Amend Articles Re: Appointment and        For       For        Management
      Retirement by Rotation of Directors


--------------------------------------------------------------------------------

CHINA TRUST FINANCIAL HOLDINGS COMPANY LTD.

Ticker:                      Security ID:  TW0002891009
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Code of Ethics      None      None       Management
1.4   Receive Report on the Amendment of Board  None      None       Management
      Meeting Procedures
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1 per Share and Stock
      Dividend of 200 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.2   Amend Articles of Association             For       For        Management
4.1   Elect Jeffrey LS Koo as Director with ID  For       For        Management
      No. 79
4.2   Elect Jeffrey JL Koo, Jr, Representative  For       For        Management
      of Kuan Ho Construction and Development
      Co Ltd as Director with ID No. 265
4.3   Elect Wen-Long Yen as Director with ID    For       For        Management
      No. 686
4.4   Elect a Representative of Chung Cheng     For       For        Management
      Investment Ltd as Director with ID No.
      355101
4.5   Elect a Representative of Kuan Ho         For       For        Management
      Construction and Development Co Ltd as
      Director with ID No. 265
4.6   Elect a Representative of Asia Livestock  For       For        Management
      Co Ltd as Director with ID No. 379360
4.7   Elect a Representative of Ho-Yeh          For       For        Management
      Investment Co as Director with ID No.
      26799
5     Other Business                            None      None       Management


--------------------------------------------------------------------------------

CIPLA LIMITED

Ticker:                      Security ID:  INE059A01026
Meeting Date: SEP 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 3 Per Share      For       For        Management
3     Reappoint R. Shroff as Director           For       For        Management
4     Reappoint H.R. Manchanda as Director      For       For        Management
5     Approve R.S. Bharucha & Co. as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration


--------------------------------------------------------------------------------

COMMERCE ASSET-HOLDING BERHAD

Ticker:                      Security ID:  MYL1023OO000
Meeting Date: APR 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve First and Final Dividend of MYR   For       For        Management
      0.10 Per Share Less Income Tax and
      Special Dividend of MYR 0.05 Per Share
      Less Income Tax for the Financial Year
      Ended Dec. 31, 2004
3     Elect Mohd Desa Pachi as Director         For       For        Management
4     Elect Anwar Aji as Director               For       For        Management
5     Elect Roslan A. Ghaffar as Director       For       For        Management
6     Elect Izlan Izhab as Director             For       For        Management
7     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR 60,000 Per Director Per
      Annum for the Financial Year Ended Dec.
      31, 2004
8     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
9     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

COMMERCE ASSET-HOLDING BERHAD

Ticker:                      Security ID:  MYL1023OO000
Meeting Date: AUG 23, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt New Memorandum of Association and   For       For        Management
      Articles of Association
1     Approve Issuance of Up To $125 Million    For       For        Management
      Nominal Value 5-Year Guaranteed
      Redeemable Convertible Bonds by a Special
      Purpose Vehicle to be a Wholly-Owned
      Subsidiary of the Company which would be
      Incorporated in the Federal Territory of
      Labuan
2     Amend Bye Laws Re: Increase in Maximum    For       Against    Management
      Number of New CAHB Shares to be Made
      Available Under the Scheme from 10
      Percent to 15 Percent of Total Issued and
      Paid-Up Capital at the Time of the Offer
      and Participation of Non-Executive
      Directors in the Scheme
3     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Mohd Desa Pachi
4     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Anwar Aji
5     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Mohd Salleh Mahmud
6     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Asmat Kamaludin
7     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Roslan A Ghaffar
8     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Izlan bin Izhab


--------------------------------------------------------------------------------

COMPANHIA SIDERURGICA NACIONAL (CSN)

Ticker:       SID            Security ID:  20440W105
Meeting Date: APR 29, 2005   Meeting Type: Special
Record Date:  MAR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     CHANGE THE COMPANY BY-LAWS IN ORDER TO    For       For        Management
      CREATE THE AUDIT COMMITTEE.
2     EXAMINATION, DISCUSSION AND APPROVAL OF   For       For        Management
      THE ACCOUNTS RENDERED BY THE COMPANY S
      OFFICERS.
3     RATIFICATION OF THE DISTRIBUTION OF       For       For        Management
      INTERMEDIARY DIVIDENDS IN THE AMOUNT OF
      R$35,000,000.00 APPROVED BY THE BOARD OF
      DIRECTORS ON JUNE 14, 2004.
4     DELIBERATION ON THE MANAGEMENT PROPOSAL   For       For        Management
      REGARDING THE ALLOCATION OF THE NET
      PROFIT OF THE FISCAL YEAR OF 2004.
5     ELECTION OF THE MEMBERS OF THE BOARD OF   For       For        Management
      DIRECTORS.
6     APPROVAL OF THE GLOBAL REMUNERATION TO    For       For        Management
      THE MANAGEMENT IN THE AMOUNT OF UP TO
      R$30,000,000.00.


--------------------------------------------------------------------------------

COMPANHIA SIDERURGICA NACIONAL (CSN)

Ticker:       SID            Security ID:  BRCSNAACNOR6
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Ratify Interim Dividends                  For       Did Not    Management
                                                          Vote
3     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
4     Elect Board of Directors                  For       Did Not    Management
                                                          Vote
5     Approve Aggregate Annual Remuneration of  For       Did Not    Management
      Directors                                           Vote


--------------------------------------------------------------------------------

COMPANHIA SIDERURGICA NACIONAL (CSN)

Ticker:       SID            Security ID:  BRCSNAACNOR6
Meeting Date: JUN 23, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Bylaws to Create an Audit Committee For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

COMPANHIA VALE DO RIO DOCE

Ticker:       RIO.PR         Security ID:  204412100
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPRECIATION OF THE MANAGEMENT S REPORT   For       For        Management
      AND ANALYSIS, DISCUSSION AND VOTE ON THE
      FINANCIAL STATEMENTS FOR THE FISCAL YEAR
      ENDING DECEMBER 31, 2004.
2     PROPOSAL FOR THE DESTINATION OF THE       For       For        Management
      PROFITS OF THE SAID FISCAL YEAR AND
      APPROVAL OF THE INVESTMENT BUDGET OF THE
      COMPANY.
3     ELECTION OF THE MEMBERS OF THE BOARD OF   For       For        Management
      DIRECTORS.
4     ELECTION OF THE MEMBERS OF THE FISCAL     For       For        Management
      COUNCIL.
5     ESTABLISHMENT OF THE REMUNERATION OF THE  For       For        Management
      SENIOR MANAGEMENT AND FISCAL COUNCIL
      MEMBERS.
6     PROPOSAL FOR THE INCREASE OF CAPITAL, VIA For       For        Management
      CAPITALIZATION OF RESERVES, WITHOUT ISSUE
      OF SHARES, AND WITH THE CONSEQUENT
      ALTERATION OF THE MAIN SECTION OF ARTICLE
      5 OF THE COMPANY BYLAWS.
7     NEW VERSION OF CVRD S DIVIDEND POLICY.    For       For        Management


--------------------------------------------------------------------------------

COMPANHIA VALE DO RIO DOCE

Ticker:       RIO.PR         Security ID:  BRVALEACNPA3
Meeting Date: APR 27, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and Capital  For       Did Not    Management
      Budget                                              Vote
3     Elect Members to the Board of Directors   For       Did Not    Management
                                                          Vote
4     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
5     Approve Remuneration of Directors and     For       Did Not    Management
      Supervisory Board                                   Vote
6     Authorize Increase in Capital, Through    For       Did Not    Management
      Capitalization of Reserves, Without                 Vote
      Issuance of Shares; Amend Art. 5
7     Amend Shareholder Remuneration Policy     For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

COMPANHIA VALE DO RIO DOCE

Ticker:       RIO.PR         Security ID:  204412100
Meeting Date: AUG 18, 2004   Meeting Type: Special
Record Date:  JUL 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     DELIBERATION OF THE PROPOSAL FOR A        For       For        Management
      FORWARD SPLIT OF SHARES ISSUED BY THE
      COMPANY, SO THAT EACH COMMON OR PREFERRED
      SHARE ISSUED BY THE COMPANY WILL BE
      REPRESENTED BY THREE SHARES OF THE SAME
      TYPE AND CLASS, AND THE CONSEQUENT
      ALTERATIONS OF ARTICLES 5 AN
2     ELECTION, BY HOLDERS OF PREFERRED CLASS   For       For        Management
      A  SHARES, OF ONE MEMBER AND HIS
      ALTERNATE FOR THE COMPANY S FISCAL
      COUNCIL, DUE TO THE RESIGNATION OF THE
      FISCAL COUNCIL MEMBERS ELECTED BY THIS
      CLASS OF SHARES, AS WELL AS THE ELECTION
      BY THE COMMON SHAREHOLDERS
3     RECTIFICATION OF THE TOTAL ANNUAL         For       For        Management
      COMPENSATION OF THE MEMBERS OF THE
      COMPANY S MANAGEMENT FIXED BY THE
      ORDINARY GENERAL SHAREHOLDERS MEETING
      HELD ON APRIL 28, 2004.


--------------------------------------------------------------------------------

CONTAINER CORP. OF INDIA

Ticker:                      Security ID:  INE111A01017
Meeting Date: SEP 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 12.50 Per Share  For       For        Management
3     Reappoint A.K. Kohli as Director          For       For        Management
4     Reappoint R.K. Narang as Director         For       For        Management
5     Reappoint P.S. Sarma as Director          For       For        Management
6     Appoint S.N. Dhawan & Co. as Auditors and For       For        Management
      Authorize Board to Fix Their Remuneration
7     Appoint P. Bhatnagar as Director          For       For        Management
8     Appoint A.N. Pai as Director              For       For        Management


--------------------------------------------------------------------------------

CPFL ENERGIA S A

Ticker:                      Security ID:  126153105
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:  APR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PRESENTATION OF THE MANAGEMENT REPORT,    For       For        Management
      EXAMINE, DISCUSS AND VOTE ON THE COMPANY
      S FINANCIAL STATEMENTS, THE REPORT OF THE
      INDEPENDENT AUDITORS AND THE REPORT OF
      THE FISCAL COUNCIL FOR THE FISCAL YEAR
      ENDING DECEMBER 31, 2004.
2     APPROVE THE PROPOSAL FOR THE              For       For        Management
      APPROPRIATION OF THE NET INCOME FOR THE
      FISCAL YEAR 2004 AND THE DIVIDEND
      DISTRIBUTION.
3     ELECT THE STATUTORY MEMBERS AND           For       For        Management
      ALTERNATES TO THE BOARD OF DIRECTORS.
4     ESTABLISH MANAGEMENT S GLOBAL             For       For        Management
      COMPENSATION.
5     ELECT EFFECTIVE MEMBERS AND ALTERNATES TO For       For        Management
      THE FISCAL COUNCIL AND ESTABLISH THEIR
      FEES.
6     ARTICLE 5: TO RESTATE THE CURRENT         For       Against    Management
      MONETARY VALUE AND QUANTITY OF SHARES
      REPRESENTING THE COMPANY S CAPITAL STOCK.
7     ARTICLE 20: TO REDUCE THE TERM OF OFFICE  For       Against    Management
      OF THE BOARD OF EXECUTIVE OFFICERS FROM 3
      TO 2 YEARS.


--------------------------------------------------------------------------------

CPFL ENERGIA S A

Ticker:                      Security ID:  BRCPFEACNOR0
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
3     Elect Members and Alternates to the Board For       Did Not    Management
      of Directors                                        Vote
4     Approve Aggregate Remuneration of         For       Did Not    Management
      Directors                                           Vote
5     Elect Supervisory Board Members and       For       Did Not    Management
      Alternates; Fix their  Remuneration                 Vote
6     Amend Arts. 5 and 20 of the Bylaws        For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

CPFL ENERGIA S A

Ticker:                      Security ID:  126153105
Meeting Date: JUN 20, 2005   Meeting Type: Special
Record Date:  MAY 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     EXAMINE, DISCUSS AND APPROVE THE PRIVATE  For       For        Management
      PROTOCOL AND JUSTIFICATION INSTRUMENT FOR
      THE INCORPORATION OF SHARES OF CPFL
      GERACAO DE ENERGIA S.A. ( CPFL GERACAO )
      BY THE COMPANY.
2     RATIFY THE DECISION OF HIRING BANCO       For       For        Management
      PACTUAL IN ORDER TO PREPARE THE VALUATION
      REPORTS OF THE NET EQUITY OF THE COMPANY
      AND CPFL GERACAO
3     RATIFY THE DECISION OF HIRING BANCO       For       For        Management
      PACTUAL IN ORDER TO PREPARE THE VALUATION
      REPORTS OF THE NET EQUITY OF THE COMPANY
      AND CPFL GERACAO
4     APPROVE THE VALUATION REPORTS REFERRED IN For       For        Management
      ITEMS (2) AND (3) ABOVE
5     APPROVE THE INCORPORATION OF SHARES OF    For       For        Management
      CPFL GERACAO DE ENERGIA S.A. ( CPFL
      GERACAO ) BY THE COMPANY
6     AUTHORIZE THE ACCOMPLISHMENT OF THE       For       For        Management
      INCREASE OF CPFL ENERGIA S CAPITAL STOCK
7     AUTHORIZE COMPANY S BOARD OF DIRECTORS TO For       For        Management
      PREPARE SPECIAL BALANCE SHEETS WITH A
      BASE DATE OF APRIL 30, 2005.
8     AUTHORIZE COMPANY S MANAGEMENT TO MAKE    For       For        Management
      ARRANGEMENTS AND TO TAKE ANY NECESSARY
      MEASURE TO THE IMPLEMENTATION OF THE
      INCORPORATION OF SHARES SUBJECT OF THIS
      CURRENT CONVENING NOTICE.


--------------------------------------------------------------------------------

CPFL ENERGIA S A

Ticker:                      Security ID:  BRCPFEACNOR0
Meeting Date: JUN 20, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Instrument of Justification and   For       Did Not    Management
      Protocol for the Incorporation of All of            Vote
      CPFL Geracao de Energia S.A.'s Shares by
      the Company and Consequent Transformation
      of CPFL Geracao into Wholly-Owned
      Subsidiary
2     Ratify Banco Pactual S.A. as Risk         For       Did Not    Management
      Assessment Company                                  Vote
3     Ratify Banco Pactual S.A. as Risk         For       Did Not    Management
      Assessment Company in Accordance with               Vote
      Art. 264 of Company Law
4     Approve Appraisal Reports                 For       Did Not    Management
                                                          Vote
5     Approve Incorporation of CPFL Geracao's   For       Did Not    Management
      Shares by the Company and its Subsequent            Vote
      Transformation into Wholly-Owned
      Subsidiary
6     Authorize Increase in Capital Through the For       Did Not    Management
      Incorporation of Shares of CPFL Geracao's           Vote
      Non-Controlling Shareholders
7     Authorize the Executive Officer Board to  For       Did Not    Management
      Audit Financial  Statements as of April             Vote
      30, 2005 in Order to Calculate Dissendent
      Shareholder Reimbursement and Approve
      Deloitte Touche Tohmatsu to Audit the
      Financial Statements
8     Authorize Board to Ratify and Execute     For       Did Not    Management
      Approved Resolutions                                Vote


--------------------------------------------------------------------------------

CTCI CORP.

Ticker:                      Security ID:  TW0009933002
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      Did Not    Management
      Results                                             Vote
1.2   Receive Supervisors' Report               None      Did Not    Management
                                                          Vote
1.3   Receive Report on Status of Endorsements  None      Did Not    Management
      and Guarantees                                      Vote
2.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2.2   Approve Allocation of Income and Cash     For       Did Not    Management
      Dividend of NTD 0.70 and Stock Dividend             Vote
      of 10 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       Did Not    Management
      and Employee Profit Sharing                         Vote
2.4   Amend Articles of Association             For       Did Not    Management
                                                          Vote
2.5   Amend Operating Procedures for            For       Did Not    Management
      Endorsement and Guarantee                           Vote
3     Elect Directors and Supervisors           For       Did Not    Management
                                                          Vote
4     Approve Release of Restrictions of        For       Did Not    Management
      Competitive Activities of Directors                 Vote
5     Other Business                            For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

CYBERLINK CO LTD

Ticker:                      Security ID:  TW0005203004
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      Did Not    Management
      Results                                             Vote
1.2   Receive Supervisors' Report               None      Did Not    Management
                                                          Vote
1.3   Receive Other Reports                     None      Did Not    Management
                                                          Vote
2.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2.2   Approve Allocation of Income and Cash     For       Did Not    Management
      Dividend of NTD 3 per Share and Stock               Vote
      Dividend of 100 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       Did Not    Management
      and Employee Profit Sharing                         Vote
2.4   Amend Articles of Association             For       Did Not    Management
                                                          Vote
3.1   Elect Huang Chao-Hsiung as Director with  For       Did Not    Management
      ID No.B120647850                                    Vote
3.2   Elect Chang Hua-Chen as Director with ID  For       Did Not    Management
      No. 16775177                                        Vote
3.3   Elect Lin Hsiu-Huei as Director with ID   For       Did Not    Management
      No. 16775177                                        Vote
3.4   Elect Lin Yi-Peng as Independent Director For       Did Not    Management
      with ID No. F102729577                              Vote
3.5   Elect Hung Wen-Hsiang as Independent      For       Did Not    Management
      Director with ID No. A100870594                     Vote
3.6   Elect Chang Pai-Shang as Supervisor with  For       Did Not    Management
      ID No. H201015318                                   Vote
3.7   Elect Chen Hsiu-Yun as Independent        For       Did Not    Management
      Supervisor with ID No. H201015318                   Vote
3.8   Elect Tsai Yang-Tsung as Supervisor with  For       Did Not    Management
      ID No.L100857232                                    Vote
4     Approve Release of Restrictions of        For       Did Not    Management
      Competitive Activities of Directors                 Vote
5     Other Business                            For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

DAISHIN SECURITIES CO.

Ticker:                      Security ID:  KR7003540002
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 500 Per Common Share
2     Amend Articles of Incorporation Re:       For       For        Management
      Expansion of Permitted Business
      Objectives, Establishing Basis for
      Convertible Bonds and Warrants Issuances
3     Elect Directors                           For       For        Management
4     Elect A Non-Outside Director For A Member For       Against    Management
      of Audit Committee
5     Elect An Outside Director For A Member of For       For        Management
      Audit Committee
6     Approve Limit on Remuneration of          For       For        Management
      Directors
7     Amend Terms of Severance Payments to      For       For        Management
      Executives


--------------------------------------------------------------------------------

DELTA ELECTRONIC

Ticker:                      Security ID:  TW0002308004
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Rules and Procedures Regarding      For       Against    Management
      Shareholder Meeting
2     Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2004
3     Receive Financial Report                  None      None       Management
4     Receive Supervisors' Report               None      None       Management
5     Receive Report on Endorsments and         None      None       Management
      Guarantees
6     Accept Financial Statements and Statutory For       For        Management
      Reports
7     Approve Allocation of Income and Cash     For       For        Management
      Dividend NTD 2.50 per Share and Stock
      Dividend of 50 Shares per 1000 Shares
8     Amend Rules and Procedures Regarding      For       Against    Management
      Directors and Supervisors Elections
9     Approve Capitalization of 2004 Dividends  For       For        Management
10    Amend Articles of Association             For       Against    Management
11    Other Discussions                         For       Against    Management
12    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

DOGAN YAYIN HOLDING

Ticker:                      Security ID:  TRADYHOL91Q7
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Amend Articles Re: Issued Capital         For       Did Not    Management
                                                          Vote
4     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
5     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
6     Accept Financial Statements               For       Did Not    Management
                                                          Vote
7     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
8     Approve Dividends                         For       Did Not    Management
                                                          Vote
9     Elect Directors                           For       Did Not    Management
                                                          Vote
10    Elect Internal Auditors                   For       Did Not    Management
                                                          Vote
11    Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
12    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
13    Approve Board Powers Re: Exchange of      For       Did Not    Management
      Shares and Assets                                   Vote
14    Authorize Issuance of Bonds and/or        For       Did Not    Management
      Commercial Papers                                   Vote
15    Approve Distribution of Advance Dividends For       Did Not    Management
                                                          Vote
16    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
17    Accept Disclosure Report                  For       Did Not    Management
                                                          Vote
18    Wishes                                    None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

DOOSAN HEAVY INDUSTRIES & CONSTRUCTION

Ticker:                      Security ID:  KR7034020008
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements              For       For        Management
2     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 250 Per Share
3     Amend Articles of Incorporation Re:       For       For        Management
      Exercise Period for Convertible Bonds and
      Warrant Bonds
4     Elect Directors                           For       For        Management
5     Approve Stock Option Grants               For       Against    Management
6     Approve Limit on Remuneration of          For       For        Management
      Directors


--------------------------------------------------------------------------------

DOOSAN INDUSTRIAL DEVELOPMENT (FORMERLY KOREA INDUSTRIAL DEVELOPMENT)

Ticker:                      Security ID:  KR7034020008
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements              For       Did Not    Management
                                                          Vote
2     Elect Directors                           For       Did Not    Management
                                                          Vote
3     Approve Limit on Remuneration of          For       Did Not    Management
      Directors                                           Vote
4     Approve Limit on Remuneration of Auditors For       Did Not    Management
                                                          Vote
5     Amend Articles of Incorporation Re:       For       Did Not    Management
      Permitted Business Objectives                       Vote
6     Approve Stock Option Grants               For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

EASTERN COMPANY

Ticker:                      Security ID:  EGS37091C013
Meeting Date: APR 23, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 2005-2006 Budget                  For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

EASTERN COMPANY

Ticker:                      Security ID:  EGS37091C013
Meeting Date: OCT 4, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       Did Not    Management
                                                          Vote
2     Accept Statutory and Central Accounting   For       Did Not    Management
      Agency Reports                                      Vote
3     Accept Financial Statements               For       Did Not    Management
                                                          Vote
4     Approve Discharge of Board                For       Did Not    Management
                                                          Vote
5     Approve Periodical Bonus Paid Out to      For       Did Not    Management
      Employees                                           Vote


--------------------------------------------------------------------------------

EDGARS CONSOLIDATED STORES (FORMERLY EDGARS STORES LTD.)

Ticker:                      Security ID:  S24179103
Meeting Date: JUL 14, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports for Year Ended Mar. 27, 2004                Vote
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Mar. 27, 2004
2.1   Approve Remuneration of Chairman in the   For       Did Not    Management
      Amount of ZAR 250,000                               Vote
2.1   Approve Remuneration of Chairman in the   For       For        Management
      Amount of ZAR 250,000
2.2   Approve Remuneration of Chairman of Audit For       Did Not    Management
      and Risk Committee in the Amount of ZAR             Vote
      100,000
2.2   Approve Remuneration of Chairman of Audit For       For        Management
      and Risk Committee in the Amount of ZAR
      100,000
2.3   Approve Remuneration of Chairman of       For       Did Not    Management
      Remuneration and Nominations Committee in           Vote
      the Amount of ZAR 50,000
2.3   Approve Remuneration of Chairman of       For       For        Management
      Remuneration and Nominations Committee in
      the Amount of ZAR 50,000
2.4   Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of ZAR 90,000                                Vote
2.4   Approve Remuneration of Directors in the  For       For        Management
      Amount of ZAR 90,000
2.5   Approve Remuneration of Members of Audit  For       Did Not    Management
      and Risk Committee in the Amount of ZAR             Vote
      40,000
2.5   Approve Remuneration of Members of Audit  For       For        Management
      and Risk Committee in the Amount of ZAR
      40,000
2.6   Approve Remuneration of Members of        For       Did Not    Management
      Remuneration and Nominations Committee in           Vote
      the Amount of ZAR 20,000
2.6   Approve Remuneration of Members of        For       For        Management
      Remuneration and Nominations Committee in
      the Amount of ZAR 20,000
2.7   Approve Remuneration of Members of        For       Did Not    Management
      Customer Service Committee in the Amount            Vote
      of ZAR 20,000
2.7   Approve Remuneration of Members of        For       For        Management
      Customer Service Committee in the Amount
      of ZAR 20,000
2.8   Approve Remuneration of Members of        For       Did Not    Management
      Transformation Committee in the Amount of           Vote
      ZAR 20,000
2.8   Approve Remuneration of Members of        For       For        Management
      Transformation Committee in the Amount of
      ZAR 20,000
3.1   Reelect Z.B. Ebrahim as Director          For       Did Not    Management
                                                          Vote
3.1   Reelect Z.B. Ebrahim as Director          For       For        Management
3.2   Reelect T.N. Eboka as Director            For       Did Not    Management
                                                          Vote
3.2   Reelect T.N. Eboka as Director            For       For        Management
3.3   Reelect A.J. Aaron as Director            For       Did Not    Management
                                                          Vote
3.3   Reelect A.J. Aaron as Director            For       For        Management
3.4   Reelect P.L. Wilmot as Director           For       Did Not    Management
                                                          Vote
3.4   Reelect P.L. Wilmot as Director           For       For        Management
3.5   Reelect J.L. Spotts as Director           For       Did Not    Management
                                                          Vote
3.5   Reelect J.L. Spotts as Director           For       For        Management
3.6   Reelect S.D.M. Zungu as Director          For       Did Not    Management
      Appointed During the Year                           Vote
3.6   Reelect S.D.M. Zungu as Director          For       For        Management
      Appointed During the Year
4     Place Authorized But Unissued Shares      For       Did Not    Management
      under Control of Directors                          Vote
4     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
5     Amend Articles of Association Re:         For       Did Not    Management
      Increase Quorum for Board Decisions to              Vote
      Seven Directors
5     Amend Articles of Association Re:         For       For        Management
      Increase Quorum for Board Decisions to
      Seven Directors
6     Amend Articles of Association Re: Annual  For       Did Not    Management
      Reelection of Chairman                              Vote
6     Amend Articles of Association Re: Annual  For       For        Management
      Reelection of Chairman


--------------------------------------------------------------------------------

EDGARS CONSOLIDATED STORES (FORMERLY EDGARS STORES LTD.)

Ticker:                      Security ID:  ZAE000018388
Meeting Date: JUL 14, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports for Year Ended Mar. 27, 2004                Vote
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Mar. 27, 2004
2.1   Approve Remuneration of Chairman in the   For       Did Not    Management
      Amount of ZAR 250,000                               Vote
2.1   Approve Remuneration of Chairman in the   For       For        Management
      Amount of ZAR 250,000
2.2   Approve Remuneration of Chairman of Audit For       Did Not    Management
      and Risk Committee in the Amount of ZAR             Vote
      100,000
2.2   Approve Remuneration of Chairman of Audit For       For        Management
      and Risk Committee in the Amount of ZAR
      100,000
2.3   Approve Remuneration of Chairman of       For       Did Not    Management
      Remuneration and Nominations Committee in           Vote
      the Amount of ZAR 50,000
2.3   Approve Remuneration of Chairman of       For       For        Management
      Remuneration and Nominations Committee in
      the Amount of ZAR 50,000
2.4   Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of ZAR 90,000                                Vote
2.4   Approve Remuneration of Directors in the  For       For        Management
      Amount of ZAR 90,000
2.5   Approve Remuneration of Members of Audit  For       Did Not    Management
      and Risk Committee in the Amount of ZAR             Vote
      40,000
2.5   Approve Remuneration of Members of Audit  For       For        Management
      and Risk Committee in the Amount of ZAR
      40,000
2.6   Approve Remuneration of Members of        For       Did Not    Management
      Remuneration and Nominations Committee in           Vote
      the Amount of ZAR 20,000
2.6   Approve Remuneration of Members of        For       For        Management
      Remuneration and Nominations Committee in
      the Amount of ZAR 20,000
2.7   Approve Remuneration of Members of        For       Did Not    Management
      Customer Service Committee in the Amount            Vote
      of ZAR 20,000
2.7   Approve Remuneration of Members of        For       For        Management
      Customer Service Committee in the Amount
      of ZAR 20,000
2.8   Approve Remuneration of Members of        For       Did Not    Management
      Transformation Committee in the Amount of           Vote
      ZAR 20,000
2.8   Approve Remuneration of Members of        For       For        Management
      Transformation Committee in the Amount of
      ZAR 20,000
3.1   Reelect Z.B. Ebrahim as Director          For       Did Not    Management
                                                          Vote
3.1   Reelect Z.B. Ebrahim as Director          For       For        Management
3.2   Reelect T.N. Eboka as Director            For       Did Not    Management
                                                          Vote
3.2   Reelect T.N. Eboka as Director            For       For        Management
3.3   Reelect A.J. Aaron as Director            For       Did Not    Management
                                                          Vote
3.3   Reelect A.J. Aaron as Director            For       For        Management
3.4   Reelect P.L. Wilmot as Director           For       Did Not    Management
                                                          Vote
3.4   Reelect P.L. Wilmot as Director           For       For        Management
3.5   Reelect J.L. Spotts as Director           For       Did Not    Management
                                                          Vote
3.5   Reelect J.L. Spotts as Director           For       For        Management
3.6   Reelect S.D.M. Zungu as Director          For       Did Not    Management
      Appointed During the Year                           Vote
3.6   Reelect S.D.M. Zungu as Director          For       For        Management
      Appointed During the Year
4     Place Authorized But Unissued Shares      For       Did Not    Management
      under Control of Directors                          Vote
4     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
5     Amend Articles of Association Re:         For       Did Not    Management
      Increase Quorum for Board Decisions to              Vote
      Seven Directors
5     Amend Articles of Association Re:         For       For        Management
      Increase Quorum for Board Decisions to
      Seven Directors
6     Amend Articles of Association Re: Annual  For       Did Not    Management
      Reelection of Chairman                              Vote
6     Amend Articles of Association Re: Annual  For       For        Management
      Reelection of Chairman


--------------------------------------------------------------------------------

EFES BREWERIES INTL N V

Ticker:                      Security ID:  US26843E2046
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  MAY 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income
4     Approve Discharge of Management Board     For       For        Management
5     Approve Discharge of Supervisory Board    For       For        Management
6     Elect A. Boyacioglu to Management Board   For       For        Management
7     Elect C. Komninos to Supervisory Board    For       For        Management
8     Elect A. Tigrel to Supervisory Board      For       For        Management
9     Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Management Board
      Members
10    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

EGYPTIAN COMPANY FOR  MOBILE SERVICES-MOBINIL

Ticker:                      Security ID:  EGS48011C018
Meeting Date: DEC 16, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Decisions Inherent to Dividends           For       Did Not    Management
      Distribution to be Paid Out of Legal                Vote
      Reserves
2     Approve Changes to Board                  For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

EGYPTIAN COMPANY FOR  MOBILE SERVICES-MOBINIL

Ticker:                      Security ID:  M36763106
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       Did Not    Management
                                                          Vote
2     Accept Auditors Report                    For       Did Not    Management
                                                          Vote
3     Approve Financial Statement and           For       Did Not    Management
      Allocation of Income for Period Ended               Vote
      6-30-04


--------------------------------------------------------------------------------

EGYPTIAN COMPANY FOR  MOBILE SERVICES-MOBINIL

Ticker:                      Security ID:  EGS48011C018
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       Did Not    Management
                                                          Vote
2     Accept Statutory Report                   For       Did Not    Management
                                                          Vote
3     Accept Financial Statements               For       Did Not    Management
                                                          Vote
4     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
5     Approve Changes to Board                  For       Did Not    Management
                                                          Vote
6     Approve Discharge of Board                For       Did Not    Management
                                                          Vote
7     Approve Attendance Allowances and         For       Did Not    Management
      Transportation Expenses of Directors                Vote
8     Authorize Board to Sign Third-Party       For       Did Not    Management
      Contracts with Shareholders                         Vote
9     Approve Donations Made in Financial Year  For       Did Not    Management
      2004 and Authorize Board to Make                    Vote
      Donations in 2005
10    Approve Auditors and Authorize Board to   For       Did Not    Management
      Fix Their Remuneration                              Vote


--------------------------------------------------------------------------------

EMPRESAS ICA S. A.

Ticker:       ICA            Security ID:  MXP371491046
Meeting Date: APR 21, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: (1)Prevention of       For       Against    Management
      Acquisition of Shares that Would Lead to
      Control of Company without Board Approval
      and (2) Necessary Actions to Provide
      Opinions of Audit Committee and Approval
      of Board Regarding Actions by
      Subsidiaries
2     Cancel Shares in Circulation, Issue and   For       Against    Management
      Exchange New Titles of Shares
      Representing Capital
3     Approve Revised Bylaws to Incorporate New For       Against    Management
      Changes
4     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


--------------------------------------------------------------------------------

EMPRESAS ICA S. A.

Ticker:       ICA            Security ID:  MXP371491046
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Present Report on Financial Statements    For       For        Management
      and Statutory Reports for Fiscal Year
      Ended 12-31-04
2     Accept Supervisory Board's Report         For       For        Management
3     Accept Audit Committee's Report           For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports for Fiscal Year Ended 12-31-04
5     Approve Allocation of Income and          For       For        Management
      Dividends
6     Elect Members to the Board of Directos,   For       For        Management
      Supervisory Board, Board Secretary and
      Their Respective Alternates
7     Approve Remuneration for Directors and    For       For        Management
      Supervisory Board Members
8     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


--------------------------------------------------------------------------------

ENERSIS S.A.

Ticker:       ENI            Security ID:  29274F104
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE ANUAL REPORT, BALANCE     For       For        Management
      SHEET, FINANCIAL STATEMENTS AND REPORT OF
      THE EXTERNAL AUDITORS AND INSPECTORS OF
      THE ACCOUNTS CORRESPONDING TO THE YEAR
      ENDED DECEMBER 31, 2004.
2     APPROVAL OF THE DISTRIBUTION OF PROFITS   For       For        Management
      AND DIVIDENDS FOR THE FISCAL YEAR ENDED
      DECEMBER 31, 2004.
3     Ratify Auditors                           For       For        Management
4     APPROVAL OF THE INVESTMENT AND FINANCING  For       For        Management
      POLICY.


--------------------------------------------------------------------------------

ENKA INSAAT VE SANAYI A.S

Ticker:                      Security ID:  TREENKA00011
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Accept Independent External Auditor's     For       Did Not    Management
      Report                                              Vote
5     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
6     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
7     Amend Articles Re: Capital and Voting     For       Did Not    Management
      Rights                                              Vote
8     Elect Directors                           For       Did Not    Management
                                                          Vote
9     Elect Internal Auditors                   For       Did Not    Management
                                                          Vote
10    Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
11    Approve Allocation of Income              For       Did Not    Management
                                                          Vote
12    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
13    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
14    Wishes                                    None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ENKA INSAAT VE SANAYI A.S

Ticker:                      Security ID:  TREENKA00011
Meeting Date: SEP 15, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Amend Articles of Association Re:         For       Did Not    Management
      Allocation of Income                                Vote
4     Wishes                                    None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

EVA AIRWAYS  CORPORATION

Ticker:                      Security ID:  TW0002618006
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2004
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Issuance of         None      None       Management
      Unsecured Corporate Debt
1.4   Receive Report on the Amendment of Board  None      None       Management
      Meeting Procedures
1.5   Receive Other Reports                     None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 0.50 per Share and Stock
      Dividend of 10 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       Against    Management
2.5   Amend Procedures Governing the            For       Against    Management
      Acquisition or Disposal of Assets
2.6   Amend Procedures Governing Derivative     For       Against    Management
      Financial Instruments
3     Other Business                            None      None       Management


--------------------------------------------------------------------------------

FAR EASTONE TELECOMMUNICATION CO LTD

Ticker:                      Security ID:  TW0004904008
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2004
1.2   Receive Financial Report                  None      None       Management
1.3   Receive Supervisors' Report               None      None       Management
1.4   Receive Other Reports                     None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 3 per Share
3.1   Amend Articles of Association             For       Against    Management
3.2   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
4     Elect Directors and Supervisors           For       For        Management
5     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

FARADAY TECHNOLOGY

Ticker:                      Security ID:  TW0003035002
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report on 2004 Business Operation None      None       Management
      Results
2     Receive Supervisors' Report               None      None       Management
3     Receive Report on Treasury Shares         None      None       Management
4     Receive Report on the Code of Ethics for  None      None       Management
      Directors and Supervisors
5     Accept Financial Statements and Statutory For       For        Management
      Reports
6     Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 3.1 per Share and Stock
      Dividend of 90 Shares per 1000 Shares
7     Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
8     Amend Articles of Association             For       Against    Management
9     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

FOMENTO ECONOMICO MEXICANO S.A. (FEMSA)

Ticker:                      Security ID:  344419106
Meeting Date: JUL 27, 2004   Meeting Type: Special
Record Date:  JUL 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     SUBJECT TO THE APPROVAL OF, AND THE       For       For        Management
      CONDITIONS IMPOSED BY THE MEXICAN
      SECURITIES COMMISSION AND IN ACCORDANCE
      WITH ARTICLE 81 OF THE MEXICAN SECURITIES
      MARKET LAW, TO INCREASE THE VARIABLE
      PORTION OF THE CAPITAL STOCK OF THE
      COMPANY, BY THE ISSUANCE OF C
2     EXPRESS WAIVER BY THE SHAREHOLDERS TO     For       For        Management
      THEIR PRE-EMPTIVE RIGHTS GRANTED BY
      ARTICLE 132 OF THE MEXICAN GENERAL
      CORPORATIONS LAW, TO SUBSCRIBE THE SHARES
      AND UNITS ISSUED IN ACCORDANCE WITH ITEM
      I OF THE AGENDA.
3     APPROVE THE PUBLIC OFFER IN THE           For       For        Management
      SECURITIES MARKETS OF MEXICO, UNITED
      STATES OF AMERICA AND OTHER MARKETS.
4     TO AUTHORIZE THE DIRECTORS (1) TO         For       For        Management
      DETERMINE THE SUBSCRIPTION PRICE PER
      SHARE, AND PER UNIT DURING THE PUBLIC
      OFFER; (2) TO DETERMINE THE AMOUNT TO BE
      ALLOCATED AS CAPITAL STOCK INCREASE AND
      AMOUNT AS SUBSCRIPTION PREMIUM PER SHARE
      AND PER UNIT, AND (3) T
5     APPROVE THE CONDITIONS PRECEDENT FOR THE  For       For        Management
      EFFECTIVENESS OF THE RESOLUTIONS ADOPTED
      DURING THE MEETING.
6     ISSUANCE OF POWERS OF ATTORNEY TO EXECUTE For       For        Management
      THE RESOLUTIONS ADOPTED DURING THE
      MEETING.
7     APPOINTMENT OF DELEGATES FOR THE          For       For        Management
      SHAREHOLDERS  MEETING.
8     APPROVAL OF THE MINUTES OF THE            For       For        Management
      SHAREHOLDERS  MEETING.


--------------------------------------------------------------------------------

FOMENTO ECONOMICO MEXICANO S.A. (FEMSA)

Ticker:                      Security ID:  344419106
Meeting Date: MAR 10, 2005   Meeting Type: Annual
Record Date:  FEB 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     REPORT OF THE BOARD OF DIRECTORS;         For       For        Management
      PRESENTATION OF THE FINANCIAL STATEMENTS
      OF FOMENTO ECONOMICO MEXICANO, S.A. DE
      C.V., FOR THE 2004 FISCAL YEAR, AND THE
      REPORT OF THE EXAMINER PURSUANT TO
      ARTICLE 172 OF THE GENERAL LAW OF
      COMMERCIAL COMPANIES AND THE AP
2     APPLICATION OF THE RESULTS FOR THE 2004   For       Against    Management
      FISCAL YEAR, INCLUDING THE PAYMENT OF A
      CASH DIVIDEND, IN MEXICAN PESOS.
3     PROPOSAL TO DETERMINE THE MAXIMUM AMOUNT  For       For        Management
      TO BE USED IN THE SHARE REPURCHASE
      PROGRAM.
4     ELECTION OF MEMBERS OF THE BOARD OF       For       For        Management
      DIRECTORS AND EXAMINERS, AND RESOLUTION
      WITH RESPECT TO THEIR REMUNERATION.
5     APPOINTMENT OF COMMITTEES.                For       For        Management
6     APPOINTMENT OF DELEGATES FOR THE          For       For        Management
      SHAREHOLDERS  MEETING.
7     MINUTES OF THE SHAREHOLDERS  MEETING.     For       For        Management


--------------------------------------------------------------------------------

FOUNTAIN SET (HOLDINGS) LTD.

Ticker:                      Security ID:  HK0420001817
Meeting Date: JAN 26, 2005   Meeting Type: Annual
Record Date:  JAN 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect Ha Kam On, Victor as Director     For       For        Management
3b    Reelect Yen Gordon as Director            For       For        Management
3c    Reelect Chow Wing Kin, Anthony as         For       For        Management
      Director
3d    Reelect Ha Chung Fong as Director         For       For        Management
3e    Reelect Wong Kwong Chi as Director        For       For        Management
3f    Approve Remuneration of Directors         For       For        Management
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5a    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5b    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
6     Amend Articles Re: Editing Changes,       For       For        Management
      Voting at Meetings, Material Interest of
      Directors in Contracts Entered into by
      the Company, Nomination of Directors


--------------------------------------------------------------------------------

FOXCONN INTERNATIONAL HOLDINGS LTD

Ticker:                      Security ID:  KYG365501041
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:  JUN 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Reelect Dai Feng Shuh as Director and     For       For        Management
      Authorize Board to Fix His Remuneration
2b    Reelect Chang Ban Ja, Jimmy as Director   For       For        Management
      and Authorize Board to Fix His
      Remuneration
2c    Reelect Gou Hsiao Ling as Director and    For       For        Management
      Authorize Board to Fix Her Remuneration
2d    Reelect Lee Jin Ming as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
2e    Reelect Lu Fang Ming as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
2f    Reelect Lau Siu Ki as Director and        For       For        Management
      Authorize Board to Fix His Remuneration
2g    Reelect Edward Fredrick Pensel as         For       For        Management
      Director and Authorize Board to Fix His
      Remuneration
2h    Reelect Mao Yu Lang as Director and       For       For        Management
      Authorize Board to Fix His Remuneration
3     Reappoint Deloitte Touche Tohmatsu as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Authorize Reissuance of Repurchased       For       For        Management
      Shares
7     Approve Issuance of Shares Pursuant to    For       Against    Management
      the Share Scheme
8     Amend Articles Re: Reelection of          For       For        Management
      Directors


--------------------------------------------------------------------------------

FUBON FINANCIAL HOLDING

Ticker:                      Security ID:  TW0002881000
Meeting Date: JUN 3, 2005    Meeting Type: Annual
Record Date:  APR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1.70 per Share
3     Elect 11 Directors and Three Supervisors  For       For        Management
4     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

GAZPROM OAO

Ticker:                      Security ID:  US3682872078
Meeting Date: NOV 16, 2004   Meeting Type: Special
Record Date:  OCT 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO EXCLUDE SECTIONS 43.3.-43.7. FROM THE  For       Against    Management
      CHARTER OF OAO GAZPROM. TO AMEND SECTION
      43.2. OF THE CHARTER OF OAO GAZPROM TO
      READ AS FOLLOWS:  43.2 THE SHAREHOLDERS
      OF THE COMPANY ARE EXEMPTED FROM THE
      OBLIGATION PROVIDED FOR UNDER SECTION 2
      OF ARTICLE 80 OF


--------------------------------------------------------------------------------

GLAXOSMITHKLINE PHARMACEUTICALS LTD. (FRMRLY. GLAXO LTD)

Ticker:                      Security ID:  INE159A01016
Meeting Date: APR 25, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to 25 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

GLAXOSMITHKLINE PHARMACEUTICALS LTD. (FRMRLY. GLAXO LTD)

Ticker:                      Security ID:  INE159A01016
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 24 Per Share     For       For        Management
3     Reappoint R.R. Bajaaj as Director         For       For        Management
4     Reappoint A.S. Lakshmanan as Director     For       For        Management
5     Reappoint V. Narayanan as Director        For       For        Management
6     Approve Price Waterhouse & Co. as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Approve Sitting Fees for Non-Executive    For       For        Management
      Directors


--------------------------------------------------------------------------------

GLOBAL BIO-CHEM TECHNOLOGY GROUP CO. LTD.

Ticker:                      Security ID:  KYG3919S1057
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAY 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect Kong Zhanpeng as Director         For       For        Management
3b    Reelect Wang Tieguang as Director         For       For        Management
3c    Reelect Li Defa as Director               For       For        Management
3d    Authorize Board to Fix the Remuneration   For       For        Management
      of Directors
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

GOLD FIELDS LIMITED

Ticker:       DRFNY          Security ID:  38059T106
Meeting Date: DEC 7, 2004    Meeting Type: Proxy Contest
Record Date:  OCT 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ORDINARY RESOLUTION NUMBER 1: (REGARDING  For       None       Management
      TRANSFER OF ACQUIRED INTERESTS TO THE
      IAMGOLD GROUP)
2     ORDINARY RESOLUTION NUMBER 2:             For       None       Management
      (AUTHORISING GOLD FIELDS BOARD OF
      DIRECTORS TO PERFORM NECESSARY ACTS TO
      GIVE EFFECT TO RESOLUTION NUMBER 1)
1     ORDINARY RESOLUTION NUMBER 1: (REGARDING  Against   Against    Management
      TRANSFER OF ACQUIRED INTERESTS TO THE
      IAMGOLD GROUP)
2     ORDINARY RESOLUTION NUMBER 2:             Against   Against    Management
      (AUTHORISING GOLD FIELDS BOARD OF
      DIRECTORS TO PERFORM NECESSARY ACTS TO
      GIVE EFFECT TO RESOLUTION NUMBER 1)


--------------------------------------------------------------------------------

GOLD FIELDS LIMITED

Ticker:       DRFNY          Security ID:  ZAE000018123
Meeting Date: DEC 7, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sale of Gold Fields' Non-South    For       Did Not    Management
      African Development Community Assets to             Vote
      IAMGold Group
2     Authorize Board to Ratify and Execute     For       Did Not    Management
      Approved Resolutions                                Vote


--------------------------------------------------------------------------------

GOLD FIELDS LIMITED

Ticker:       DRFNY          Security ID:  ZAE000018123
Meeting Date: NOV 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2     Reelect K. Ansah as Director              For       For        Management
3     Reelect G.R. Parker as Director           For       For        Management
4     Reelect T.M.G. Sexwale as Director        For       For        Management
5     Reelect C.M.T. Thompson as Director       For       For        Management
6     Reelect P.J. Ryan as Director             For       For        Management
7     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
8     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
9     Approve Increase of Directors Fees        For       For        Management
10    Approve Special Fee for Chairman In the   For       For        Management
      Amount of ZAR 167,000 for Period of March
      1, 2004 to December 31, 2004
11    Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital
12    Amend Article 33 of Company's Articles of For       For        Management
      Association Re: Indemnity


--------------------------------------------------------------------------------

GOME ELECTRICAL APPLIANCES HOLDINGS LTD (FORMERLY CHINA EAGL

Ticker:                      Security ID:  BMG3978C1082
Meeting Date: APR 15, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Nine-Month Period Ended
      December 31, 2004
2     Reelect Directors, Elect a New            For       Against    Management
      Independent Non-Executive Director, and
      Authorize Board to Fix Their Remuneration
3     Reappoint Ernst & Young as Auditors and   For       For        Management
      Authorize Board to Fix Their Remuneration
4     Approve Share Option Scheme               For       Against    Management
5     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

GOME ELECTRICAL APPLIANCES HOLDINGS LTD (FORMERLY CHINA EAGL

Ticker:                      Security ID:  BMG3978C1082
Meeting Date: APR 15, 2005   Meeting Type: Special
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Connected Transaction with a      For       For        Management
      Related Party and Annual Caps
2     Approve Connected Transaction with a      For       For        Management
      Related Party and Annual Caps
3     Approve Final Dividend of HK$0.025 Per    For       For        Management
      Share for the Nine-Month Period Ended
      Dec. 31, 2004


--------------------------------------------------------------------------------

GRANDE HOLDINGS

Ticker:                      Security ID:  BMG4055L1283
Meeting Date: JUN 27, 2005   Meeting Type: Annual
Record Date:  JUN 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend and Special        For       For        Management
      Dividend
3a    Reelect Michael A.B. Binney as Director   For       For        Management
      and Authorize Board to Fix His
      Remuneration
3b    Reelect Christine L.S. Asprey as Director For       For        Management
      and Authorize Board to Fix Her
      Remuneration
3c    Reelect Johnny W. H. Lau as Director and  For       For        Management
      Authorize Board to Fix His Remuneration
3d    Reelect Martin I. Wright as Director and  For       For        Management
      Authorize Board to Fix His Remuneration
4     Appoint Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


--------------------------------------------------------------------------------

GRASIM INDUSTRIES LTD.

Ticker:       GRSJY          Security ID:  2381833
Meeting Date: JUL 17, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Dividends of INR 14 Per Share     For       Did Not    Management
                                                          Vote
3     Reappoint K.M. Birla as Director          For       Did Not    Management
                                                          Vote
4     Reappoint M.L. Apte as Director           For       Did Not    Management
                                                          Vote
5     Reappoint C. Shroff as Director           For       Did Not    Management
                                                          Vote
6     Appoint Y.P. Gupta as Director            For       Did Not    Management
                                                          Vote
7A    Approve G.P. Kapadia & Co. and Lodha &    For       Did Not    Management
      Co. as Joint Auditors and Authorize Board           Vote
      to Fix Their Remuneration
7B    Approve Lodha & Co. as Branch Auditors    For       Did Not    Management
      and Authorize Board to Fix Their                    Vote
      Remuneration
7C    Approve Vidyarthi & Sons as Branch        For       Did Not    Management
      Auditors and Authorize Board to Fix Their           Vote
      Remuneration
8     Approve Reappointment and Remuneration of For       Did Not    Management
      S.K. Jain, Executive Director                       Vote
9     Approve Commission Remuneration of        For       Did Not    Management
      Directors                                           Vote


--------------------------------------------------------------------------------

GRASIM INDUSTRIES LTD.

Ticker:       GRSJY          Security ID:  INE047A01013
Meeting Date: JUL 17, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 14 Per Share     For       For        Management
3     Reappoint K.M. Birla as Director          For       For        Management
4     Reappoint M.L. Apte as Director           For       For        Management
5     Reappoint C. Shroff as Director           For       For        Management
6     Appoint Y.P. Gupta as Director            For       For        Management
7A    Approve G.P. Kapadia & Co. and Lodha &    For       For        Management
      Co. as Joint Auditors and Authorize Board
      to Fix Their Remuneration
7B    Approve Lodha & Co. as Branch Auditors    For       For        Management
      and Authorize Board to Fix Their
      Remuneration
7C    Approve Vidyarthi & Sons as Branch        For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
8     Approve Reappointment and Remuneration of For       For        Management
      S.K. Jain, Executive Director
9     Approve Commission Remuneration of        For       For        Management
      Directors


--------------------------------------------------------------------------------

GRUPO FINANCIERO BANORTE S.A.

Ticker:                      Security ID:  MXP370711014
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Fiscal Year Ended 12-31-04;
      Accept Report from Supervisory Board and
      Audit Committee
2     Approve Allocation of Income              For       For        Management
3     Elect Members to the Board of Directors   For       For        Management
      and Supervisory Board
4     Approve Remuneration of Directors and     For       For        Management
      Supervisory Board Members
5     Accept Director's Report on Share         For       For        Management
      Repurchase Plan from 2004; Set Limit for
      Share Repurchase Reserve for 2005
6     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
7     Approve Minutes of Meeting                For       For        Management


--------------------------------------------------------------------------------

GRUPO FINANCIERO BANORTE S.A.

Ticker:                      Security ID:  MXP370711014
Meeting Date: OCT 4, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Cash Dividend Distribution        For       Against    Management
2     Designate Shareholder Representatives of  For       For        Management
      Minutes of Meeting
3     Approve Minutes of Meeting                For       For        Management


--------------------------------------------------------------------------------

HAINAN MEILAN INTERNATIONAL AIRPORT COMPANY LIMITED (FORMERL

Ticker:                      Security ID:  CN0007788689
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  APR 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Working Report of the Board of     For       For        Management
      Directors
2     Accept Working Report of the Supervisory  For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Final Dividend of RMB0.074 Per    For       For        Management
      Share
5     Reappoint PricewaterhouseCoopers,         For       For        Management
      Certified Public Accountants, Hong Kong
      and Hainan Congxin as International and
      Domestic Auditors and Authorize Board to
      Fix Their Remuneration
6     Approve Remuneration of Directors,        For       For        Management
      Supervisors and Company Secretary for
      2005
7     Other Business (Voting)                   For       Against    Management
8     Approve Issuance of H Shares without      For       Against    Management
      Preemptive Rights
9     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

HAINAN MEILAN INTERNATIONAL AIRPORT COMPANY LIMITED (FORMERL

Ticker:                      Security ID:  CN0007788689
Meeting Date: MAY 17, 2005   Meeting Type: Special
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Connected Transaction with Hainan For       For        Management
      Airlines Co. Ltd. (Hainan Airlines) in
      Respect of Premises Lease and New Annual
      Caps
2     Approve Connected Transaction with Hainan For       For        Management
      Airlines in Respect of Airport Ground
      Service and New Annual Caps
3     Approve Connected Transactions with China For       For        Management
      Southern Airlines Co. Ltd. and Xiamen
      Airlines Co. in Respect of Airport Ground
      Service and New Annual Caps
4     Approve Connected Transaction with Haikou For       For        Management
      Meilan Intl. Airport Co. Ltd. in Respect
      of Airport Composite Service and New
      Annual Caps
5     Approve Connected Transaction with HNA    For       For        Management
      Group Co. Ltd. in Respect of Logistic
      Composite Service and New Annual Caps
6     Approve Resolution Regarding the Revised  For       For        Management
      2004 Transaction


--------------------------------------------------------------------------------

HAINAN MEILAN INTERNATIONAL AIRPORT COMPANY LIMITED (FORMERL

Ticker:                      Security ID:  CN0007788689
Meeting Date: OCT 11, 2004   Meeting Type: Special
Record Date:  SEP 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Resignation of Ernst & Young as   For       For        Management
      International Auditors
2     Approve PricewaterhouseCoopers as         For       For        Management
      International Auditors
3     Approve Resignation of Meng Jianqiang as  For       For        Management
      Independent Non-Executive Director
4     Elect Fung Ching Simon as Independent     For       For        Management
      Non-Executive Director


--------------------------------------------------------------------------------

HANDSOME CORP.

Ticker:                      Security ID:  KR7020000006
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 150 Per Share
2     Elect Director                            For       For        Management
3     Appoint Auditor                           For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors
5     Approve Limit on Remuneration of Auditors For       For        Management
6     Cancel Company's Treasury Shares          For       For        Management


--------------------------------------------------------------------------------

HANKOOK TIRE CO.

Ticker:                      Security ID:  KR7000240002
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 250 Per Share
2     Elect Director                            For       For        Management
3     Elect Outside Director as Member of Audit For       For        Management
      Committee
4     Elect Insider as Member of Audit          For       Against    Management
      Committee
5     Approve Limit on Remuneration of          For       For        Management
      Directors


--------------------------------------------------------------------------------

HANKOOK TIRE CO.

Ticker:                      Security ID:  KR7000240002
Meeting Date: MAY 12, 2005   Meeting Type: Special
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Member(s) of Audit Committee        For       For        Management


--------------------------------------------------------------------------------

HARMONY GOLD MINING LTD.

Ticker:       HMY            Security ID:  413216300
Meeting Date: NOV 12, 2004   Meeting Type: Special
Record Date:  OCT 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO APPROVE THE OFFERS                     For       For        Management
2     TO INCREASE THE AUTHORISED SHARE CAPITAL  For       For        Management
3     TO ALLOT AND ISSUE ANY OF THE             For       For        Management
      UNAUTHORISED SHARES IN TERMS OF THE
      OFFERS
4     TO PLACE THE BALANCE OF THE UNISSUED      For       For        Management
      SECURITIES OF THE COMPANY UNDER THE
      CONTROL OF THE DIRECTORS
5     TO AUTHORISE THE DIRECTORS TO ISSUE       For       For        Management
      SECURITIES FOR CASH
6     TO AUTHORISE THE DIRECTORS TO ISSUE       For       For        Management
      SHARES IN TERMS OF THE EMPOWERMENT
      TRANSACTION
7     TO AUTHORISE THE DIRECTORS TO SIGN ALL    For       For        Management
      SUCH DOCUMENTS AND DO ALL SUCH THINGS AS
      MAY BE NECESSARY FOR OR INCIDENTAL TO THE
      IMPLEMENTATION OF THE OFFERS


--------------------------------------------------------------------------------

HARMONY GOLD MINING LTD.

Ticker:       HMY            Security ID:  413216300
Meeting Date: NOV 12, 2004   Meeting Type: Annual
Record Date:  OCT 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ADOPTION OF 2003 AUDITED FINANCIAL        For       For        Management
      STATEMENTS
2     TO FIX THE REMUNERATION OF DIRECTORS      For       Against    Management
3     TO ELECT AND RE-ELECT A NUMBER OF         For       Against    Management
      DIRECTORS BY SINGLE RESOLUTION
4.1   Elect  Director R Menell                  For       For        Management
4.2   Elect  Director M Motloba                 For       For        Management
4.3   Elect  Director Dr M Z Nkosi              For       For        Management
4.4   Elect  Director Nv Qangule                For       For        Management
4.5   Elect  Director F Dippenaar               For       For        Management
4.6   Elect  Director N Fakude                  For       For        Management
4.7   Elect  Director Dr S Lushaba              For       For        Management
5     TO INCREASE THE AUTHORISED SHARE CAPITAL  For       For        Management
6     TO GRANT AUTHORITY FOR REPURCHASES OF     For       For        Management
      SECURITIES
7     TO PLACE THE BALANCE OF THE UNISSUED      For       For        Management
      SECURITIES OF THE COMPANY UNDER THE
      CONTROL OF THE DIRECTORS
8     TO AUTHORISE THE DIRECTORS TO ISSUE       For       For        Management
      SECURITIES FOR CASH


--------------------------------------------------------------------------------

HARMONY GOLD MINING LTD.

Ticker:       HMY            Security ID:  ZAE000015228
Meeting Date: NOV 12, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Gold Fields Ltd.   For       For        Management
2     Approve Increase in Authorized Capital to For       For        Management
      ZAR 600 Million
3     Issue Shares Required by Acquisition of   For       For        Management
      Gold Fields
4     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
5     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
6     Approve Issuance of Shares Pursuant to    For       For        Management
      Empowerment Transaction
7     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

HDFC BANK LIMITED

Ticker:                      Security ID:  INE040A01018
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 4.5 Per Share    For       For        Management
3     Reappoint V. Jain as Director             For       For        Management
4     Reappoint A. Pande as Director            For       For        Management
5     Approve Vacancy on the Board of Directors For       For        Management
      Resulting from Retirement of A. Ahuja
6     Approve P.C. Hansotia & Co. as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
7     Appoint A. Samanta as Director            For       For        Management
8     Approve Sitting Fees for Directors        For       For        Management
9     Approve Employee Stock Option Scheme      For       For        Management


--------------------------------------------------------------------------------

HDFC BANK LIMITED

Ticker:                      Security ID:  INE040A01018
Meeting Date: NOV 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights


--------------------------------------------------------------------------------

HERO HONDA MOTORS LTD.

Ticker:                      Security ID:  INE158A01026
Meeting Date: AUG 17, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividends of INR 10 Per     For       For        Management
      Share and Confirm Interim Dividends of
      INR 10 Per Share
3     Reappoint S. Toshida as Director          For       For        Management
4     Reappoint S. Munjal as Director           For       For        Management
5     Approve Retirement of O.P. Gupta          For       For        Management
6     Approve Retirement of M.P. Wadhawan       For       For        Management
7     Approve A.F. Ferguson & Co. as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
8     Approve Transfer of Certificates,         For       For        Management
      Documents, and List of Shareholders to
      the Registrars and Share Transfer Agents
      of the Company
9     Amend Articles Re: Editorial Changes      For       For        Management


--------------------------------------------------------------------------------

HIGHLAND GOLD MINING LTD

Ticker:                      Security ID:  GB0032360173
Meeting Date: MAY 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended December 31,
      2004
2     Approve Final Dividend of USD 0.01 Per    For       For        Management
      Ordinary Share
3     Reelect James Cross as a Director         For       For        Management
4     Elect Tim Wadeson as a Director           For       For        Management
5     Elect David Fish as a Director            For       For        Management
6     Elect Alex Davidson as a Director         For       For        Management
7     Reelect Christopher Palmer-Tomkinson as a For       For        Management
      Director
8     Reelect Duncan Baxter as a Director       For       For        Management
9     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      of the Company
10    Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors


--------------------------------------------------------------------------------

HINDALCO INDUSTRIES LTD

Ticker:                      Security ID:  2445762
Meeting Date: JUL 31, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Dividends of INR 16.5 Per Share   For       Did Not    Management
                                                          Vote
3     Reappoint K.M. Birla as Director          For       Did Not    Management
                                                          Vote
4     Reappoint A.K. Agarwala as Director       For       Did Not    Management
                                                          Vote
5     Reappoint E.B. Desai as Director          For       Did Not    Management
                                                          Vote
6     Approve Singhi & Company as Auditors and  For       Did Not    Management
      Authorize Board to Fix Their Remuneration           Vote
7     Approve Lodha & Co. as Branch Auditors    For       Did Not    Management
      and Authorize Board to Fix Their                    Vote
      Remuneration
8     Approve Remuneration of A.K. Agarwala,    For       Did Not    Management
      Executive Director                                  Vote
9     Approve Appointment and Remuneration of   For       Did Not    Management
      D. Bhattacharya, Managing Director                  Vote
10    Approve Commission Remuneration of        For       Did Not    Management
      Directors                                           Vote


--------------------------------------------------------------------------------

HINDALCO INDUSTRIES LTD

Ticker:                      Security ID:  INE038A01012
Meeting Date: JUL 31, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 16.5 Per Share   For       For        Management
3     Reappoint K.M. Birla as Director          For       For        Management
4     Reappoint A.K. Agarwala as Director       For       For        Management
5     Reappoint E.B. Desai as Director          For       For        Management
6     Approve Singhi & Company as Auditors and  For       For        Management
      Authorize Board to Fix Their Remuneration
7     Approve Lodha & Co. as Branch Auditors    For       For        Management
      and Authorize Board to Fix Their
      Remuneration
8     Approve Remuneration of A.K. Agarwala,    For       For        Management
      Executive Director
9     Approve Appointment and Remuneration of   For       For        Management
      D. Bhattacharya, Managing Director
10    Approve Commission Remuneration of        For       For        Management
      Directors


--------------------------------------------------------------------------------

HINDALCO INDUSTRIES LTD

Ticker:                      Security ID:  INE038A01012
Meeting Date: NOV 16, 2004   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement             For       For        Management


--------------------------------------------------------------------------------

HINDUSTAN LEVER LTD.

Ticker:                      Security ID:  INE030A01027
Meeting Date: DEC 24, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Spin-Off of Soap Manufacturing    For       Against    Management
      Division
2     Approve Spin-Off of Functionalized        For       Against    Management
      Biopolymers Division


--------------------------------------------------------------------------------

HINDUSTAN LEVER LTD.

Ticker:                      Security ID:  INE030A01027
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 5 Per Share      For       For        Management
3     Elect Directors                           For       For        Management
4     Approve Lovelock & Lewes as Auditors and  For       For        Management
      Authorize Board to Fix Their Remuneration
5     Amend Articles of Association Re: Size of For       For        Management
      Board of Directors
6     Approve Commission Remuneration of        For       For        Management
      Nonexecutive Directors
7     Issue Shares in Connection with an        For       For        Management
      Acquisition
8     Approve Voluntary Delisting of Company    For       For        Management
      Shares
9     Appoint H. Manwani as Director            For       For        Management


--------------------------------------------------------------------------------

HINDUSTAN LEVER LTD.

Ticker:                      Security ID:  INE030A01027
Meeting Date: MAY 12, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sale of Tea Plantation in Assam   For       For        Management
2     Approve Sale of Tea Plantation in Tamil   For       For        Management
      Nadu


--------------------------------------------------------------------------------

HON HAI PRECISION INDUSTRY

Ticker:                      Security ID:  TW0002317005
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Indirect Investments in None      None       Management
      Mainland China
1.4   Receive Other Reports                     None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2.50 per Share and Stock
      Dividend of 200 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Approve Increase of Registered Capital    For       Against    Management
      and Issuance of Ordinary Shares to
      Participate the Issuance of Global
      Depository Receipt
2.5   Amend Articles of Association             For       Against    Management
2.6   Amend Procedures Governing Derivative     For       Against    Management
      Financial Instruments
3     Other Business                            None      None       Management


--------------------------------------------------------------------------------

HOPEWELL HIGHWAY INFRASTRUCTURE LTD

Ticker:                      Security ID:  KYG459951003
Meeting Date: OCT 18, 2004   Meeting Type: Annual
Record Date:  OCT 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend                    For       For        Management
3a1   Reelect Gordon Ying Sheung Wu as Director For       For        Management
3a2   Reelect Eddie Ping Chang Ho as Director   For       For        Management
3a3   Reelect Thomas Jefferson Wu as Director   For       For        Management
3a4   Reelect Alan Chi Hung Chan as Director    For       For        Management
3b    Fix Directors' Remuneration               For       For        Management
4     Reappoint Deloitte Touche Tohmatsu as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5a    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5b    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
6     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Nomination of Directors,
      Material Interest of Directors in
      Contracts Entered into by the Company


--------------------------------------------------------------------------------

HOUSING DEVELOPMENT FINANCE CORP. LTD.

Ticker:                      Security ID:  5393910
Meeting Date: JUL 19, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Dividends of INR 13.5 Per Share   For       Did Not    Management
                                                          Vote
3     Reappoint K. Mahindra as Director         For       Did Not    Management
                                                          Vote
4     Reappoint D.M. Sukthankar as Director     For       Did Not    Management
                                                          Vote
5     Reappoint N.M. Munjee as Director         For       Did Not    Management
                                                          Vote
6     Reappoint D.M. Satwalekar as Director     For       Did Not    Management
                                                          Vote
7     Approve S.B. Billimoria & Company as      For       Did Not    Management
      Auditors and Authorize Board to Fix Their           Vote
      Remuneration
8     Approve Pannell Kerr Forster as Branch    For       Did Not    Management
      Auditors and Authorize Board to Fix Their           Vote
      Remuneration
9     Approve Commission Remuneration of        For       Did Not    Management
      Directors                                           Vote
10    Approve Increase in Borrowing Powers up   For       Did Not    Management
      to INR 50 Billion                                   Vote
11    Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights


--------------------------------------------------------------------------------

HOUSING DEVELOPMENT FINANCE CORP. LTD.

Ticker:                      Security ID:  INE001A01028
Meeting Date: JUL 19, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 13.5 Per Share   For       For        Management
3     Reappoint K. Mahindra as Director         For       For        Management
4     Reappoint D.M. Sukthankar as Director     For       For        Management
5     Reappoint N.M. Munjee as Director         For       For        Management
6     Reappoint D.M. Satwalekar as Director     For       For        Management
7     Approve S.B. Billimoria & Company as      For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
8     Approve Pannell Kerr Forster as Branch    For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
9     Approve Commission Remuneration of        For       For        Management
      Directors
10    Approve Increase in Borrowing Powers up   For       For        Management
      to INR 50 Billion
11    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


--------------------------------------------------------------------------------

HUADIAN POWER INTERNATIONAL (FORMER SHANDONG INT'L POWER DEV

Ticker:                      Security ID:  CN0009185819
Meeting Date: JUN 2, 2005    Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Profit Distribution Proposal      For       Against    Management
5     Reappoint KPMG, Certified Public          For       For        Management
      Accountants and KPMG Huazhen as
      International and Domestic Auditors,
      Respectively, with an Aggregate
      Remuneration of HK$4.8 Million
6a    Reelect He Gong as Director and Authorize For       Against    Management
      Board to Fix His Remuneration
6b    Elect Chen Feihu as Director and          For       Against    Management
      Authorize Board to Fix His Remuneration
6c    Reelect Zhu Chongli as Director and       For       For        Management
      Authorize Board to Fix His Remuneration
6d    Reelect Chen Jianhua as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
6e    Reelect Tian Peiting as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
6f    Reelect Wang Yingli as Director and       For       For        Management
      Authorize Board to Fix Her Remuneration
6g    Reelect Zhang Bingju as Director and      For       Against    Management
      Authorize Board to Fix His Remuneration
6h    Reelect Peng Xingyu as Director and       For       Against    Management
      Authorize Board to Fix His Remuneration
6i    Reelect Ding Huiping as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
6j    Reelect Zhao Jinghua as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
6k    Reelect Wang Chuanshun as Director and    For       For        Management
      Authorize Board to Fix His Remuneration
6l    Reelect Hu Yuanmu as Director and         For       For        Management
      Authorize Board to Fix His Remuneration
7a    Reelect Feng Lanshui as Supervisor and    For       For        Management
      Authorize Board to Fix His Remuneration
7b    Reelect Li Changxu as Supervisor and      For       For        Management
      Authorize Board to Fix His Remuneration
8     Accept Report of the Independent          For       For        Management
      Non-Executive Directors
1     Approve the Code on Shareholders Meetings For       For        Management
      of the Company
2     Approve the Code on Board Practices of    For       For        Management
      the Company
3     Approve the Code on Supervisory Committee For       For        Management
      of the Company
4     Approve Issue of Short-Term Debenture of  For       Against    Shareholder
      a Principal Amount of Up to RMB 4.5
      Billion and Grant of Unconditional
      Mandate to Directors to Determine the
      Terms, Conditions, and All Relevant
      Matters Relating to the Issue of
      Short-Term Debenture


--------------------------------------------------------------------------------

HUANENG POWER INTERNATIONAL INC.

Ticker:       HNP            Security ID:  CN0009115410
Meeting Date: SEP 28, 2004   Meeting Type: Special
Record Date:  AUG 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Capital Structure,     For       For        Management
      Composition of the Board and Supervisory
      Committee, Responsibilities of the Board
2a    Elect Huang Yongda as Director            For       For        Management
2b    Elect Liu Shuyuan as Director             For       For        Management
2c    Elect Liu Jipeng as Director              For       For        Management
3a    Approve Overseas Issuance of Bonds in the For       Against    Management
      Principal Amount of Up to $300 Million
      Convertible to Overseas Listed Foreign
      Shares within Twelve Months from Approval
3b    Authorize Board to Determine the Terms    For       Against    Management
      and Conditions of the Convertible Bonds
      and Relevant Matters Including the Amount
      of Convertible Bonds and Authorize the
      Board to Sign All Necessary Legal
      Documents for Such Purpose
3c    Approve Issuance of Such Number of New    For       Against    Management
      Overseas Listed Foreign Shares as may be
      Required to be Issued Pursuant to the
      Application for Conversion of Shares Made
      by Bond Holders
3d    Approve Increase in Registered Capital    For       Against    Management


--------------------------------------------------------------------------------

HUANENG POWER INTERNATIONAL INC.

Ticker:       HNP            Security ID:  CN0009115410
Meeting Date: SEP 28, 2004   Meeting Type: Special
Record Date:  AUG 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Approve Overseas Issuance of Bonds in the For       Against    Management
      Principal Amount of Up to $300 Million
      Convertible to Overseas Listed Foreign
      Shares within Twelve Months from Approval
1b    Authorize Board to Determine the Terms    For       Against    Management
      and Conditions of the Convertible Bonds
      and Relevant Matters Including the Amount
      of Convertible Bonds and Authorize the
      Board to Sign All Necessary Legal
      Documents for Such Purpose
1c    Approve Issuance of Such Number of New    For       Against    Management
      Overseas Listed Foreign Shares as may be
      Required to be Issued Pursuant to the
      Application for Conversion of Shares Made
      by Bond Holders
1d    Approve Increase in Registered Capital    For       Against    Management


--------------------------------------------------------------------------------

HURRIYET GAZETE

Ticker:                      Security ID:  TRAHURGZ91D9
Meeting Date: APR 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
5     Accept Financial Statements               For       Did Not    Management
                                                          Vote
6     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
7     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
8     Elect Directors for 2005 Fiscal Year      For       Did Not    Management
                                                          Vote
9     Elect Internal Auditors for 2005 Fiscal   For       Did Not    Management
      Year                                                Vote
10    Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
11    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
12    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

HURRIYET GAZETE

Ticker:                      Security ID:  M5316N103
Meeting Date: JUL 21, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Increase Number of Directors on the Board For       Did Not    Management
      to Eight; Elect Directors                           Vote


--------------------------------------------------------------------------------

HYUNDAI MOBIS

Ticker:                      Security ID:  KR7012330007
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1500 Per Common Share
2     Elect Director(s)                         For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors


--------------------------------------------------------------------------------

HYUNDAI MOTOR CO.

Ticker:       HYMPY          Security ID:  KR7005380001
Meeting Date: MAR 4, 2005    Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1150 Per Ordinary Share
2     Elect Directors                           For       For        Management
3     Elect Member of Audit Committee           For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors
5     Amend Articles of Incorporation Re:       For       For        Management
      Additional Business Objectives


--------------------------------------------------------------------------------

IMPALA PLATINUM HOLDINGS LTD.

Ticker:                      Security ID:  ZAE000003554
Meeting Date: OCT 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2.1   Reelect R.S.N. Dabengwa as Director       For       For        Management
      Appointed During the Year
2.2   Reelect K. Mokhele as Director Appointed  For       For        Management
      During the Year
2.3   Reelect N.D.B. Orleyn as Director         For       For        Management
      Appointed During the Year
2.4   Reelect F.J.P. Roux as Director Appointed For       For        Management
      During the Year
2.5   Reelect L.C. van Vught as Director        For       For        Management
      Appointed During the Year
3.1   Reelect C.R. Markus as Director           For       For        Management
3.2   Reelect J.M. McMahon as Director          For       For        Management
3.3   Reelect J.V. Roberts as Director          For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
6     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
7     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

INDUSTRIAL DEVELOPMENT BANK OF INDIA

Ticker:                      Security ID:  INE008A01015
Meeting Date: FEB 23, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements               For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Auditors' Report                   For       For        Management
4     Approve Dividends of INR 1.5 Per Share    For       For        Management
5     Approve Scheme of Amalgamation with IDBI  For       For        Management
      Bank Ltd
6     Amend Memorandum of Association RE:       For       For        Management
      Corporate Purpose
7     Approve Employee Stock Option Plan        For       Against    Management


--------------------------------------------------------------------------------

INDUSTRIAL DEVELOPMENT BANK OF INDIA

Ticker:                      Security ID:  INE008A01015
Meeting Date: FEB 28, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Memorandum of Association RE:       For       For        Management
      Corporate Purpose


--------------------------------------------------------------------------------

INFOSYS TECHNOLOGIES LTD

Ticker:                      Security ID:  INE009A01021
Meeting Date: DEC 18, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of 16 Million American   For       For        Management
      Depository Shares


--------------------------------------------------------------------------------

INFOSYS TECHNOLOGIES LTD

Ticker:                      Security ID:  INE009A01021
Meeting Date: JUN 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 6.5 Per Share    For       For        Management
3     Reappoint N.R.N. Murthy as Director       For       For        Management
4     Reappoint N.M. Nilekani as Director       For       For        Management
5     Reappoint K. Dinesh as Director           For       For        Management
6     Reappoint C. Smadja as Director           For       For        Management
7     Approve Vacancy on the Board of Directors For       For        Management
      Resulting from Retirement of P. Yeo
8     Approve BSR & Co. as Auditors and         For       For        Management
      Authorize Board to Fix Their Remuneration
9     Approve Reappointment and Remuneration of For       For        Management
      T.V.M. Pai, Executive Director
10    Approve Reappointment and Remuneration of For       For        Management
      S. Batni, Executive Director
11    Approve Transfer of Register of Members,  For       For        Management
      Documents and Certificates to Share
      Registrars


--------------------------------------------------------------------------------

INFOTREND TECHNOLOGY INC

Ticker:                      Security ID:  TW0002495009
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2004
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Implementation of   None      None       Management
      Code of Conduct
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 4 per Share and Stock
      Dividend of 200 per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       Against    Management
3     Elect Supervisors                         For       For        Management
4     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

ITALIAN-THAI DEVELOPMENT PUB LTD

Ticker:                      Security ID:  TH0438010Z10
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income              For       For        Management
5     Approve Allocation Dividend of Baht 0.07  For       For        Management
      per Share
6     Elect Directors and Fix Their             For       For        Management
      Remuneration
7     Elect Audit Committee Members and Fix     For       For        Management
      Their Remuneration
8     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
9     Approve Reduction in Registered Capital   For       For        Management
      to Baht 4.19 Billion
10    Amend Memorandum of Association to        For       For        Management
      Reflect Decrease in Registered Capital
11.1  To Ratify the Purchase of 16 Million      For       Against    Management
      Italthai Marine Co, Ltd's Ordinary Shares
      Totaling Baht 80 Million
11.2  To Ratify the Investment in Thai Pride    For       Against    Management
      Cement Co, Ltd
11.3  To Ratify the Investment  in  Skanska     For       Against    Management
      Cementation  India  Limited
12    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

ITC LTD.

Ticker:                      Security ID:  INE154A01017
Meeting Date: DEC 15, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Memorandum of Association Re:       For       For        Management
      Change in Corporate Purpose
2     Amend Corporate Purpose                   For       For        Management


--------------------------------------------------------------------------------

KASIKORNBANK PCL (FORMERLY THAI FARMERS BANK)

Ticker:                      Security ID:  TH0016010017
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Dividend For       For        Management
      of Baht 1.00 per Share
5     Elect Directors                           For       For        Management
6     Elect Additional Director                 For       For        Management
7     Approve Remuneration of Directors         For       For        Management
8     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
9     Amendment Resolution of the EGM Held on   For       For        Management
      Sept. 29, 1998 Re:  Issuance and Sales of
      Debentures of the Bank
10    Amend Memorandum of Association Re:       For       For        Management
      Company Objectives
11    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

KASIKORNBANK PCL (FORMERLY THAI FARMERS BANK)

Ticker:                      Security ID:  TH0016010017
Meeting Date: NOV 5, 2004    Meeting Type: Special
Record Date:  OCT 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve Purchase of Shares of Asset Plus  For       For        Management
      Securities Public Company Limited
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

KAULIN MANUFACTURING CO LTD

Ticker:                      Security ID:  TW0001531002
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report on 2004 Business Operation None      None       Management
      Results
2     Receive Supervisors' Report               None      None       Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1.5 per Share and Stock
      Dividend of 50 Shares per 1000 Shares
5     Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
6     Amend Articles of Association             For       Against    Management
7     Elect Directors and Supervisors           For       For        Management
8     Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
9     Other Business                            None      None       Management


--------------------------------------------------------------------------------

KIMBERLY CLARK DE MEXICO S.A. DE C.V.

Ticker:                      Security ID:  MXP606941179
Meeting Date: MAR 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements and Statutory
      Report; Approve Allocation of Income
2     Approve Series A, B, and Special Series T For       For        Management
      Cash Dividend of MXN 2.08 Per Share
3     Elect Members to Management Board,        For       For        Management
      Supervisory Board, and Their Respective
      Alternates
4     Approve Remuneration of Mangement Board,  For       For        Management
      Supervisory Board, and Alternates
5     Accept Report Regarding Share Repurchase; For       For        Management
      Approve MXN 147,186.35 Reduction in
      Variable Portion of Capital Through
      Cancellation of 17.9 Million Ordinary
      Class II Shares; Set Aggregate Nominal
      Amount of Share Repurchase Program
6     Amend Employee and Executive Stock Option For       Against    Management
      Plan
7     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


--------------------------------------------------------------------------------

KINGBOARD CHEMICAL HOLDINGS LTD

Ticker:                      Security ID:  KYG525621408
Meeting Date: DEC 22, 2004   Meeting Type: Special
Record Date:  DEC 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Revised Shirai Supply Annual Caps For       For        Management


--------------------------------------------------------------------------------

KINGBOARD CHEMICAL HOLDINGS LTD

Ticker:                      Security ID:  KYG525621408
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       Against    Management
3     Reelect Directors and Authorize Board to  For       Against    Management
      Fix Their Remuneration
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5a    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5b    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares
6a    Amend Articles Re: Voting by Poll         For       For        Management
6b    Amend Articles Re: Appointment of         For       For        Management
      Directors
6c    Amend Articles Re: Retirement by Rotation For       For        Management
      of Directors
6d    Adopt New Articles of Association         For       For        Management


--------------------------------------------------------------------------------

KINGBOARD CHEMICAL HOLDINGS LTD

Ticker:                      Security ID:  KYG525621408
Meeting Date: NOV 19, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of All Issued Shares  For       For        Management
      and Cancellation of Outstanding Options
      of Elec & Eltek International Hldgs. Ltd.
      (Elec & Eltek) by Ease Ever Investments
      Ltd. and Acquisition of All Issued
      Ordinary Shares of Elec & Eltek by
      Elitelink Hldgs. Ltd.


--------------------------------------------------------------------------------

KINGBOARD CHEMICAL HOLDINGS LTD

Ticker:                      Security ID:  KYG525621085
Meeting Date: SEP 30, 2004   Meeting Type: Special
Record Date:  SEP 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Bonus Issue of Warrants           For       For        Management


--------------------------------------------------------------------------------

KOREA ELECTRIC POWER CORP

Ticker:       KEP.P          Security ID:  KR7015760002
Meeting Date: JUN 10, 2005   Meeting Type: Special
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Incorporation Re:       For       For        Management
      Newspaper Change for Meeting
      Notification, Increase in Number of
      Auditors, Expansion of Full-time
      Auditor's Duties
2     Elect Director                            For       For        Management
3     Appoint Auditor                           For       For        Management


--------------------------------------------------------------------------------

KOREA ELECTRIC POWER CORP

Ticker:       KEP.P          Security ID:  KR7015760002
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1150 Per Share


--------------------------------------------------------------------------------

KOREAN AIR CO. LTD. (FORMERLY KOREAN AIR LINES)

Ticker:                      Security ID:  KR7003490000
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 250 Per Common Share
2     Amend Articles of Incorporation Re:       For       For        Management
      Cancellation of Repurchased Shares
3     Elect Directors                           For       For        Management
4     Elect Member of Audit Committee           For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors


--------------------------------------------------------------------------------

KT&G CORP. (FORMERLY KOREA TOBACCO & GINSENG)

Ticker:                      Security ID:  KR7033780008
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1600 Per Share
2     Amend Articles of Incorporation to Expand For       For        Management
      Permitted Business Objectives
3.1   Elect Two Executive Directors             For       For        Management
3.2   Elect Three Outside Directors             For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors


--------------------------------------------------------------------------------

KT&G CORP. (FORMERLY KOREA TOBACCO & GINSENG)

Ticker:                      Security ID:  KR7033780008
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       Did Not    Management
      Dividends of KRW 1600 Per Share                     Vote
2     Amend Articles of Incorporation to Expand For       Did Not    Management
      Permitted Business Objectives                       Vote
3.1   Elect Two Executive Directors             For       Did Not    Management
                                                          Vote
3.2   Elect Three Outside Directors             For       Did Not    Management
                                                          Vote
5     Approve Limit on Remuneration of          For       Did Not    Management
      Directors                                           Vote


--------------------------------------------------------------------------------

KUMBA RESOURCES LIMITED

Ticker:                      Security ID:  ZAE000034310
Meeting Date: APR 15, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended December 31, 2004
2     Reappoint Deloitte & Touche as Auditors   For       For        Management
3     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
4.1   Reelect P.M. Baum as Director             For       Against    Management
4.2   Reelect W.A. Nairn as Director            For       For        Management
4.3   Reelect P.L. Zim as Director              For       Against    Management
4.4   Reelect T.L. de Beer as Director          For       For        Management
4.5   Reelect J.J. Geldenhuys as DirectorYear   For       For        Management
4.6   Reelect D. Konar as Director              For       For        Management
5     Approve Remuneration of Directors for     For       For        Management
      2005
6     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
7     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
8     Approve Long-Term Incentive Scheme and    For       Against    Management
      Deferred Bonus Plan
9     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

LALIN PROPERTY PUBLIC CO LTD

Ticker:                      Security ID:  TH0693010Z10
Meeting Date: APR 4, 2005    Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Financial Statements, and          For       For        Management
      Allocation of Income and Dividend of Baht
      0.30 per Share
3     Elect Directors                           For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
6     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

LAND & HOUSES PUBLIC CO. LTD.

Ticker:                      Security ID:  TH0143010Z16
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  MAR 30, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 0.30 per Share
5     Elect Directors and Fix Their             For       For        Management
      Remuneration
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Approve Investment in Land and Houses     For       For        Management
      Credit Foncier Co, Ltd
8     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

LAND & HOUSES PUBLIC CO. LTD.

Ticker:                      Security ID:  TH0143010Z16
Meeting Date: JAN 27, 2005   Meeting Type: Special
Record Date:  JAN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve Issuance of Warrants to Employees For       Against    Management
      Who Act as Directors and Employees of the
      Company and its Subsidiaries
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

LARGAN PRECISION CO LTD

Ticker:                      Security ID:  TW0003008009
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Report on Financial Forecast      None      None       Management
1.3   Receive Supervisors' Report               None      None       Management
1.4   Receive Report on Investments in Mainland None      None       Management
      China
1.5   Receive Report on Indirect Investments    None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 4.50 per Share and Stock
      Dividend of 50 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.2   Amend Articles of Association             For       Against    Management
4     Other Business                            None      None       Management


--------------------------------------------------------------------------------

LG ENGINEERING & CONSTRUCTION LTD. (FORMERLY LG CONSTRUCTION)

Ticker:                      Security ID:  KR7006360002
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1250 Per Share
2     Amend Articles of Incorporation to Change For       For        Management
      Company Name to GS Engineering &
      Construction, Add Item to Business
      Objectives Clause, Require that at Least
      One Member of Audit Committee Have
      Accounting or Financial Expertise
3     Elect Directors                           For       For        Management
4     Elect Member of Audit Committee           For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors
6     Amend Terms of Severance Payments to      For       For        Management
      Executives


--------------------------------------------------------------------------------

LIANHUA SUPERMARKET HOLDINGS CO LTD

Ticker:                      Security ID:  CN0003474185
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Profit Distribution Proposal and  For       For        Management
      Declaration of a Final Dividend of RMB
      0.07 Per Share
5     Reappoint Shanghai Certified Public       For       For        Management
      Accountants and PricewaterhouseCoopers as
      PRC and International Auditors
      Respectively and Authorize Any Two
      Executive Directors to Fix Their
      Remuneration
6     Elect Wang Zong-nan as Executive Director For       For        Management
7     Elect Liang Wei as Executive Director     For       For        Management
8     Elect Xu Ling-ling as Executive Director  For       For        Management
9     Elect Cai Lan-ying as Executive Director  For       For        Management
10    Elect Lu Ming-fang as Non-Executive       For       For        Management
      Director
11    Elect Hua Guo-ping as Non-Executive       For       For        Management
      Director
12    Elect Tsunao Kijima as Non-Executive      For       For        Management
      Director
13    Elect Shi Zu-qi as Non-Executive Director For       For        Management
14    Elect Wong Tak Hung as Non-Executive      For       For        Management
      Director
15    Elect Lee Kwok Ming, Don as Independent   For       For        Management
      Non-Executive Director
16    Elect Zhang Hui-ming as Independent       For       For        Management
      Non-Executive Director
17    Elect Xia Da-wei as Independent           For       For        Management
      Non-Executive Director
18    Elect Wang Long-sheng as Supervisor       For       For        Management
19    Elect Shen Bo as Supervisor               For       For        Management
20    Approve Annual Remuneration Package and   For       For        Management
      Incentive Scheme for Non-Executive
      Directors for the Second Board Being RMB
      100,000 Per Year
21    Other Business (Voting)                   For       Against    Management
1     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
2     Amend Articles Re: Scope of Operation     For       For        Management
3     Amend Articles Re: Issued Capital         For       For        Management
4     Amend Articles Re: Registered Capital     For       For        Management


--------------------------------------------------------------------------------

LIANHUA SUPERMARKET HOLDINGS CO LTD

Ticker:                      Security ID:  CN0003474185
Meeting Date: SEP 30, 2004   Meeting Type: Special
Record Date:  AUG 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Business Scope         For       For        Management
2     Amend Articles Re: Board Composition      For       For        Management
3     Elect Cai Lan-ying as an Executive        For       For        Management
      Director
4     Elect Xia Da-wei as an Independent        For       For        Management
      Non-Executive Director
5     Authorize the Remuneration Committee to   For       For        Management
      Determine the Annual Remuneration Package
      of Cai Lan-ying and Xia Da-wei and
      Authorize the Chairman to Execute All
      Relevant Legal Documents with Respect to
      their Appointments as Directors
6     Approve Interim Dividend of RMB0.05 Per   For       For        Management
      Share


--------------------------------------------------------------------------------

LUKOIL OAO

Ticker:       LUKFY          Security ID:  677862104
Meeting Date: JAN 24, 2005   Meeting Type: Special
Record Date:  DEC 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   EARLY TERMINATION OF POWERS OF ALL        None      For        Shareholder
      MEMBERS OF THE COMPANY S BOARD OF
      DIRECTORS
1.2A  ELECT ALEKPEROV, VAGIT YUSUFOVICH AS      None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2B  ELECT BEREZHNOI, MIKHAIL PAVLOVICH AS     None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2C  ELECT GRAYFER, VALERY ISA KOVICH AS       None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2D  ELECT YESAOULKOVA, TATIANA STANISLAVOVNA  None      Against    Shareholder
      AS MEMBER OF THE BOARD OF DIRECTORS
1.2E  ELECT KUTAFIN, OLEG YEMEL YANOVICH AS     None      For        Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2F  ELECT MAGANOV, RAVIL ULFATOVICH AS MEMBER None      Against    Shareholder
      OF THE BOARD OF DIRECTORS
1.2G  ELECT MATZKE, RICHARD HERMAN AS MEMBER OF None      For        Shareholder
      THE BOARD OF DIRECTORS
1.2H  ELECT MEYERS, KEVIN OMAR AS MEMBER OF THE None      Against    Shareholder
      BOARD OF DIRECTORS
1.2I  ELECT MIKHAILOVA, SERGEI NATOLIEVICH AS   None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2J  ELECT TSVETKOV, MIKOLAI ALEXANDROVICH AS  None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2K  ELECT SHERKUNOV, IGOR VLADIMIROVICH AS    None      Against    Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
1.2L  ELECT SHOKHIN, ALEXANDER NIOLAEVICH AS    None      For        Shareholder
      MEMBER OF THE BOARD OF DIRECTORS
2     APPROVAL OF THE AMENDMENTS AND ADDENDA TO For       For        Shareholder
      THE CHARTER OF THE OPEN JOINT STOCK
      COMPANY OIL COMPANY LUKOIL


--------------------------------------------------------------------------------

LUKOIL OAO

Ticker:       LUKOY          Security ID:  677862104
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ENDORSEMENT OF OAO LUKOIL, ANNUAL REPORT  For       For        Management
      FOR 2004, ANNUAL ACCOUNTING STATEMENT
      INCLUDING THE PROFIT-AND-LOSS STATEMENT
      (PROFIT-AND-LOSS ACCOUNTS) OF THE
      COMPANY.
2     ELECTION OF DIRECTIONS. IF YOU WISH TO    For       Abstain    Management
      VOTE SELECTIVELY OR CUMULATE, PLEASE
      CONTACT YOUR REPRESENTATIVE.
3     ELECTION OF MEMBER OF THE AUDIT           For       For        Management
      COMMISSION: KONDRATYEV, PAVEL
      GENNADYEVICH.
4     ELECTION OF MEMBER OF THE AUDIT           For       For        Management
      COMMISSION: NIKITENKO, VLADIMIR
      NIKOLAYEVICH.
5     ELECTION OF MEMBER OF THE AUDIT           For       For        Management
      COMMISSION: SKLYAROVA, TATYANA
      SERGUEYEVNA.
6     ON REMUNERATION AND COMPENSATION OF       For       For        Management
      EXPENSES TO THE MEMBERS OF THE BOARD OF
      DIRECTORS AND THE AUDIT COMMISSION OF OAO
      LUKOIL.
7     ENDORSEMENT OF COMPANY AUDITORS.          For       For        Management
8     APPROVAL OF AMENDMENTS AND ADDENDA TO THE For       For        Management
      CHARTERED OF THE PUBLIC JOINT STOCK
      COMPANY OIL COMPANY LUKOIL.
9     APPROVAL OF AMENDMENTS AND ADDENDA TO THE For       For        Management
      REGULATIONS ON THE PROCEDURE FOR
      PREPARING AND HOLDING THE GENERAL
      SHAREHOLDERS MEETING OF OAO LUKOIL.
10    APPROVAL OF AMENDMENTS AND ADDENDA TO THE For       For        Management
      REGULATIONS ON THE BOARD OF DIRECTORS OF
      OAO LUKOIL.
11    ON THE APPROVAL OF TRANSACTIONS INVOLVING For       For        Management
      INTERESTED/RELATED PARTIES.


--------------------------------------------------------------------------------

MAGNUM CORP. BHD.

Ticker:                      Security ID:  MYL3735OO007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve Final Dividend of 12 Percent Less For       For        Management
      Income Tax, in Respect of the Year Ended
      Dec. 31, 2004
3     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR 350,000 for the Financial
      Year Ended Dec. 31, 2004
4i    Elect Tham Ka Hon as Director             For       For        Management
4ii   Elect Henry Chin Poy Wu as Director       For       For        Management
5     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
6     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
7     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
8     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions
9     Elect Ng Seet Kow as Director             None      Against    Shareholder


--------------------------------------------------------------------------------

MAGNUM CORP. BHD.

Ticker:                      Security ID:  MYL3735OO007
Meeting Date: OCT 1, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Proposed Exemption of             For       For        Management
      Multi-Purpose Holdings Bhd, Multi-Purpose
      (Guernsey) Ltd and Marinco Holdings Sdn
      Bhd Among Others from Acquiring the
      Remaining Ordinary Shares of MYR0.50 Each
      in Magnum Corporation Bhd


--------------------------------------------------------------------------------

MAHANAGAR TELEPHONE NIGAM LTD

Ticker:       MHTNY          Security ID:  INE153A01019
Meeting Date: SEP 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 4.50 Per Share   For       For        Management
3a    Reappoint J. Shettigar as Director        For       For        Management
3b    Reappoint A.S. Vyas as Director           For       For        Management
3c    Reappoint A.C. Padhi as Director          For       For        Management
4     Appoint V.K. Verma & Co. as Auditors and  For       For        Management
      Authorize Board to Fix Their Remuneration


--------------------------------------------------------------------------------

MAHINDRA & MAHINDRA

Ticker:                      Security ID:  2576424
Meeting Date: JUL 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Dividends of INR 9 Per Share      For       Did Not    Management
                                                          Vote
3     Reappoint R.K. Pitamber as Director       For       Did Not    Management
                                                          Vote
4     Reappoint A.S. Ganguly as Director        For       Did Not    Management
                                                          Vote
5     Reappoint R.K. Kulkami as Director        For       Did Not    Management
                                                          Vote
6     Reappoint A. Puri as Director             For       Did Not    Management
                                                          Vote
7     Reappoint A.E. Durante as Director        For       Did Not    Management
                                                          Vote
8     Approve A.F. Ferguson & Co. as Auditors   For       Did Not    Management
      and Authorize Board to Fix Their                    Vote
      Remuneration
9     Approve Issuance of Shares Pursuant to    For       Did Not    Management
      the Employee Stock Option Trust                     Vote


--------------------------------------------------------------------------------

MAHINDRA & MAHINDRA

Ticker:                      Security ID:  INE101A01018
Meeting Date: JUL 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 9 Per Share      For       For        Management
3     Reappoint R.K. Pitamber as Director       For       For        Management
4     Reappoint A.S. Ganguly as Director        For       For        Management
5     Reappoint R.K. Kulkami as Director        For       For        Management
6     Reappoint A. Puri as Director             For       For        Management
7     Reappoint A.E. Durante as Director        For       For        Management
8     Approve A.F. Ferguson & Co. as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
9     Approve Issuance of Shares Pursuant to    For       Against    Management
      the Employee Stock Option Trust


--------------------------------------------------------------------------------

MASSMART HOLDINGS LIMITED

Ticker:                      Security ID:  ZAE000029534
Meeting Date: DEC 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2     Reelect J.C. Hodkinson as Director        For       For        Management
3     Reelect P. Langeni as Director            For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Ratify Reappintment of Deloitte and       For       For        Management
      Touche  as Auditors
6     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
7     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 5
      Percent of Issued Capital
8     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

MBK PUBLIC COMPANY LTD. (FRMRLY MBK DEVELOPMENT PCL)

Ticker:                      Security ID:  TH0480010014
Meeting Date: OCT 27, 2004   Meeting Type: Annual
Record Date:  OCT 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report and Interim      For       For        Management
      Dividend Payment
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 1.50 per Share
5     Elect Directors                           For       For        Management
6     Approve Remuneration of Directors         For       For        Management
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
8     Amend Articles of Association             For       For        Management
9     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

MEDIA TEK INCORP

Ticker:                      Security ID:  TW0002454006
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Execution of        None      None       Management
      Treasury Shares
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 10 per Share and Stock
      Dividend of 100 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.2   Amend Articles of Association             For       Against    Management
3.3   Elect Mr. Ching Jiang Hsieh (ID No. 11)   For       Abstain    Management
      as a Director
3.4   Approve Release of Restrictions of        For       Abstain    Management
      Competitive Activities of Directors
4     Other Business                            None      None       Management


--------------------------------------------------------------------------------

MEGA FINANCIAL HOLDINGS CO(FRM CTB FINANCIAL HOLDING CO LTD)

Ticker:                      Security ID:  TW0002886009
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Execution of        None      None       Management
      Treasury Shares
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3.1   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1.6 per Share
3.2   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
4     Other Business                            None      None       Management


--------------------------------------------------------------------------------

METROPOLITAN HOLDINGS LIMITED (FORMERLY NEW AFRICA CAPITAL)

Ticker:                      Security ID:  ZAE000050456
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital
2     Authorize Repurchase of Up to 40.7        For       For        Management
      Million Shares Held by Subsidiary
3     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended December 31, 2004
4     Approve Remuneration of Directors         For       For        Management
5     Ratify PriceaterhouseCoopers as Auditors  For       For        Management
6     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
7     Reelect F. Jakoet as Director Appointed   For       For        Management
      During the Year
8     Reelect S.N. Mabaso as Director Appointed For       For        Management
      During the Year
9     Reelect E. Molobi as Director Appointed   For       For        Management
      During the Year
10    Reelect B. Ndamese as Director Appointed  For       For        Management
      During the Year
11    Reelect J.N. Njeke as Director Appointed  For       For        Management
      During the Year
12    Reelect N.Z. Buthelezi as Director        For       For        Management
13    Reelect P.C. Lambrect as Director         For       For        Management
14    Reelect J.E. Newbury as Director          For       For        Management
15    Reelect J.C. van Reenen as Director       For       For        Management
16    Approve Issuance of Up to 7 Million       For       Against    Management
      Shares Pursuant to Share Incentive Scheme
17    Approve Cash Distribution to Shareholders For       For        Management
      by Way of Reduction of Share Capital and
      Reserves
18    Authorize Board or Company Secretary to   For       Against    Management
      Ratify and Execute Approved Resolutions


--------------------------------------------------------------------------------

MITTAL STEEL SOUTH AFRICA(FRM ISPAT ISCOR(FRMLY ISCOR LTD.))

Ticker:                      Security ID:  ZAE000037453
Meeting Date: AUG 17, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Company Name to Ispat Iscor Ltd.   For       For        Management


--------------------------------------------------------------------------------

MITTAL STEEL SOUTH AFRICA(FRM ISPAT ISCOR(FRMLY ISCOR LTD.))

Ticker:                      Security ID:  ZAE000057162
Meeting Date: MAR 1, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Company Name to Mittal Steel South For       For        Management
      Africa Limited


--------------------------------------------------------------------------------

MITTAL STEEL SOUTH AFRICA(FRM ISPAT ISCOR(FRMLY ISCOR LTD.))

Ticker:                      Security ID:  ZAE000064044
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended December 31, 2004
2.1   Reelect L.N. Mittal as Director           For       For        Management
2.2   Reelect M.J.N. Njeke as Director          For       For        Management
2.3   Reelect V. Sethuraman as Director         For       For        Management
2.4   Reelect J.J.A. Mashaba as Director        For       For        Management
3     Approve Remuneration of Directors         For       For        Management
4     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
5     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
6     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

MK LAND HOLDINGS BHD

Ticker:                      Security ID:  MYL8893OO009
Meeting Date: DEC 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended June
      30, 2004
2     Approve Remuneration of Directors for the For       For        Management
      Financial Year Ended June 30, 2004
3     Elect Hj Mustapha Kamal bin Hj Abu Bakar  For       For        Management
      as Director
4     Elect Vernon Azhar Edmett bin Bryan Allen For       For        Management
      Edmett as Director
5     Approve Final Dividend of MYR0.03 Per     For       For        Management
      Share of MYR0.01 Each Less 28 Percent
      Income Tax for the Financial Year Ended
      June 30, 2004
6     Approve Ernst &  Young as Auditors and    For       For        Management
      Authorize Board to Fix Their Remuneration
7     Elect Mohamad Nor bin Mohamad as Director For       For        Management
8     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital


--------------------------------------------------------------------------------

MK LAND HOLDINGS BHD

Ticker:                      Security ID:  MYL8893OO009
Meeting Date: DEC 16, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

MOULIN GLOBAL EYECARE HOLDINGS LIMITED (FORMERLY MOULIN INTE

Ticker:                      Security ID:  BMG6296B1404
Meeting Date: FEB 17, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Company Name to Moulin Global      For       For        Management
      Eyecare Holdings Limited
2     Authorize Any Director or Secretary of    For       For        Management
      the Company to Do All Acts Necessary to
      Implement the Change in Company Name


--------------------------------------------------------------------------------

MOULIN GLOBAL EYECARE HOLDINGS LIMITED (FORMERLY MOULIN INTE

Ticker:                      Security ID:  BMG629601029
Meeting Date: JUN 17, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve CCIF CPA Ltd. as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration


--------------------------------------------------------------------------------

MTN GROUP LTD.(FORMERLY M-CELL)

Ticker:                      Security ID:  ZAE000042164
Meeting Date: AUG 18, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Mar. 31, 2004
2     Approve Simultaneous Re-Appointment of    For       Against    Management
      Retiring Directors
3.1   Reelect M.C. Ramaphosa as Director        For       For        Management
3.2   Reelect I. Charnley as Director           For       For        Management
3.3   Reelect Z.N.A. Cindi as Director          For       For        Management
3.4   Reelect S.N. Mabaso as Director           For       For        Management
4.1   Elect J.H.N. Strydom as Director          For       For        Management
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
7     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of Ten
      Percent of Issued Capital
8     Approve Remuneration of Directors         For       For        Management
9     Amend Incentive Share Option Scheme Re:   For       For        Management
      Allocation to Employees of Non-South
      African Companies in which MTN has
      Significant Stake
10    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

NFI EMPIK MEDIA & FASION SA (FORMERLY 15HETMAN)

Ticker:                      Security ID:  PLNFI1500011
Meeting Date: AUG 10, 2004   Meeting Type: Special
Record Date:  AUG 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
3     Elect Members of Election Committee       For       Did Not    Management
                                                          Vote
4     Change Company Name to 'Narodowy Fundusz  For       Did Not    Management
      Inwestycyjny Empik Media & Fashion Spolka           Vote
      Akcyjna'
5     Approve New General Meeting Regulations   For       Did Not    Management
                                                          Vote
6     Approve Unified Text of Statute           For       Did Not    Management
                                                          Vote
7     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

NFI EMPIK MEDIA & FASION SA (FORMERLY 15HETMAN)

Ticker:                      Security ID:  PLNFI1500011
Meeting Date: DEC 27, 2004   Meeting Type: Special
Record Date:  DEC 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
3     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
4     Approve International Accounting          For       Did Not    Management
      Standards as Official Accounting                    Vote
      Standards for Preparing Company's
      Financial Accounts
5     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

NFI EMPIK MEDIA & FASION SA (FORMERLY 15HETMAN)

Ticker:                      Security ID:  5263165
Meeting Date: JUL 23, 2004   Meeting Type: Annual
Record Date:  JUL 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
3     Elect Members of Election Committee       For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Receive Financial Statements and          None      Did Not    Management
      Management Board Report                             Vote
6     Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
7.1   Approve Financial Statements              For       Did Not    Management
                                                          Vote
7.2   Approve Management Board Report           For       Did Not    Management
                                                          Vote
7.3   Approve Covering of Loss for 2003         For       Did Not    Management
                                                          Vote
7.4   Approve Covering of Loss from Previous    For       Did Not    Management
      Years                                               Vote
7.5   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
7.6   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
8     Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
9     Amend Articles 7 and 32 of Statute Re:    For       Did Not    Management
      Corporate Purpose; Change Fiscal Year End           Vote
      from August 31 to December 31
10    Approve Unified Text of Statute           For       Did Not    Management
                                                          Vote
11    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

NFI EMPIK MEDIA & FASION SA (FORMERLY 15HETMAN)

Ticker:                      Security ID:  PLNFI1500011
Meeting Date: JUN 30, 2005   Meeting Type: Annual
Record Date:  JUN 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
3     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Receive Financial Statements and          None      Did Not    Management
      Management Board Report on Company's                Vote
      Activities in 2004
6     Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
7     Receive Supervisory Board Evaluation of   None      Did Not    Management
      Company's Standing                                  Vote
8.1   Approve Financial Statements              For       Did Not    Management
                                                          Vote
8.2   Approve Management Board Report on        For       Did Not    Management
      Company's Activities in 2004                        Vote
8.3   Approve Covering of Loss for 2004         For       Did Not    Management
                                                          Vote
8.4   Approve Covering of Losses from Previous  For       Did Not    Management
      Years                                               Vote
8.5   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
8.6   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
9     Amend Statute                             For       Did Not    Management
                                                          Vote
10    Incorporate Any Approved Amendments into  For       Did Not    Management
      Text of Statute and Approve Its Unified             Vote
      Version
11    Receive Supervisory Board Opinion on      None      Did Not    Management
      Company's Statement to Warsaw Stock                 Vote
      Exchange Re: Acceptance of 'Best
      Practices in Public Companies in 2005'
12    Accept Company's Annual Statement to      For       Did Not    Management
      Warsaw Stock Exchange Re: Acceptance of             Vote
      'Best Practices in Public Companies in
      2005'
13    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

NORSTAR FOUNDERS GROUP LTD

Ticker:                      Security ID:  KYG659661063
Meeting Date: AUG 13, 2004   Meeting Type: Special
Record Date:  AUG 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of the Entire Issued  For       For        Management
      Capital of Smooth Ride Intl. Ltd.
2     Approve Allotment and Issue of 45 Million For       For        Management
      Shares in the Capital of the Company in
      Connection with the Acquisition of Smooth
      Ride Intl. Ltd.


--------------------------------------------------------------------------------

NORSTAR FOUNDERS GROUP LTD

Ticker:                      Security ID:  KYG659661063
Meeting Date: AUG 13, 2004   Meeting Type: Annual
Record Date:  AUG 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended Mar. 31, 2004
2     Approve Final Dividend for the Year Ended For       For        Management
      Mar. 31, 2004
3     Reelect Directors                         For       For        Management
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Nomination of Directors,
      Material Interest of Directors in
      Contracts Entered into by the Company


--------------------------------------------------------------------------------

OIL & NATURAL GAS CORPORATION LTD.

Ticker:                      Security ID:  INE213A01011
Meeting Date: SEP 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 24 Per Share     For       For        Management
3     Reappoint U. Sundararajan as Director     For       For        Management
4     Reappoint R.V. Shah as Director           For       For        Management
5     Reappoint M.M. Chitale as Director        For       For        Management
6     Reappoint Y.B. Sinha as Director          For       For        Management
7     Reappoint A.K. Balyan as Director         For       For        Management
8     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
9     Approve Voluntary Delisting of Company    For       For        Management
      Shares
10    Amend Articles of Association             For       Against    Management
11    Approve Transfer of Register of Members,  For       For        Management
      Documents and Certificates to Share
      Registrars


--------------------------------------------------------------------------------

ORASCOM CONSTRUCTION INDS

Ticker:                      Security ID:  EGS65901C018
Meeting Date: AUG 18, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Reelect Chairman and Directors            For       Did Not    Management
                                                          Vote
2     Approve Board Meeting Decisions Dated May For       Did Not    Management
      05, 2004, May 11, 2004, May 12, 2004, May           Vote
      22, 2004, and May 29, 2004


--------------------------------------------------------------------------------

ORASCOM CONSTRUCTION INDS

Ticker:                      Security ID:  EGS65901C018
Meeting Date: AUG 18, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adjust Par Value of Shares from LE 10 to  For       Did Not    Management
      LE 5 per Share                                      Vote
2     Amend Corporate Purpose Re: Addition of   For       Did Not    Management
      Rental of Tools and Equipment                       Vote
3     Amend Articles of Association to          For       Did Not    Management
      Incorporate Changes Proposed in Items 1             Vote
      and 2
4     Authorize Board to Ratify and Execute     For       Did Not    Management
      Approved Resolutions                                Vote


--------------------------------------------------------------------------------

ORASCOM CONSTRUCTION INDS

Ticker:                      Security ID:  EGS65901C018
Meeting Date: JAN 12, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Nonconvertible Up to  For       Did Not    Management
      LE 1.450 Million                                    Vote


--------------------------------------------------------------------------------

ORASCOM CONSTRUCTION INDS

Ticker:                      Security ID:  EGS65901C018
Meeting Date: MAY 15, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       Did Not    Management
                                                          Vote
2     Accept Statutory Reports                  For       Did Not    Management
                                                          Vote
3     Accept Financial Statements               For       Did Not    Management
                                                          Vote
4     Approve Dividends of EGP 0.9 Per Share    For       Did Not    Management
                                                          Vote
5     Approve Discharge of Board                For       Did Not    Management
                                                          Vote
6     Approve Attendance Allowances and         For       Did Not    Management
      Transportation Expenses of Directors                Vote
7     Approve Auditors and Authorize Board to   For       Did Not    Management
      Fix Their Remuneration                              Vote
8     Approve Donations Made in Financial Year  For       Did Not    Management
      2004 and Authorize Board to Make                    Vote
      Donations


--------------------------------------------------------------------------------

ORION CORP. (FORMERLY TONG YANG CONFECTIONERY)

Ticker:                      Security ID:  KR7001800002
Meeting Date: MAR 25, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1500 Per Share
2     Amend Articles of Incorporation to Expand For       For        Management
      Business Objectives
3     Elect Directors                           For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors
5     Approve Limit on Remuneration of Auditors For       For        Management


--------------------------------------------------------------------------------

PETER HAMBRO MINING PLC

Ticker:                      Security ID:  GB0031544546
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Elect Andrey Maruta as Director           For       For        Management
3     Re-elect Jay Hambro as Director           For       For        Management
4     Re-elect Pavel Maslovsky as Director      For       Against    Management
5     Reappoint Moore Stephens as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
6     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 500,000
7     Approve Increase in Authorised Capital    For       For        Management
      from GBP 1,000,000 to GBP 1,200,000
8     Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 445,528
9     Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 240,000
10    Authorise 7,544,714 Ordinary Shares for   For       For        Management
      Market Purchase
11    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors
12    Approve Cancellation of Share Premium     For       For        Management
      Account


--------------------------------------------------------------------------------

PETROLEO BRASILEIRO

Ticker:       PBR/A          Security ID:  71654V408
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE MANAGEMENT REPORT, THE    For       For        Management
      FINANCIAL STATEMENTS AND AUDIT COMMITTEE
      S OPINION FOR THE FISCAL YEAR 2004.
2     APPROVAL OF THE CAPITAL EXPENDITURES      For       For        Management
      BUDGET FOR THE FISCAL YEAR 2005.
3     APPROVAL OF THE DISTRIBUTION OF RESULTS   For       For        Management
      FOR THE FISCAL YEAR 2004.
4     APPROVAL OF THE ELECTION OF MEMBERS TO    For       For        Management
      THE BOARD OF DIRECTORS, AUDIT COMMITTEE
      AND THEIR RESPECTIVE SUBSTITUTES, TO VOTE
      IN THE SAME MANNER AS THE MAJORITY OF THE
      SHAREHOLDERS AT THE MEETING.
5     APPROVAL OF THE ELECTION OF THE CHAIRMAN  For       For        Management
      OF THE BOARD OF DIRECTORS.
6     APPROVAL OF THE ESTABLISHMENT OF THE      For       Against    Management
      COMPENSATION OF MANAGEMENT AND EFFECTIVE
      MEMBERS OF THE AUDIT COMMITTEE, AS WELL
      AS THEIR PARTICIPATION IN THE PROFITS
      PURSUANT TO ARTICLES 41 AND 56 OF THE
      COMPANY S BYLAWS.


--------------------------------------------------------------------------------

PHOENIXTEC POWER

Ticker:                      Security ID:  TW0002411006
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Status of the       None      None       Management
      Indirect Investment of the Company
1.4   Receive Report on Endorsement and         None      None       Management
      Guarantees
1.5   Receive Report on the Execution of        None      None       Management
      Treasury Shares
1.6   Receive Report on the Amendment of Board  None      None       Management
      Meeting Procedures
1.7   Receive Report on Purchase of Liability   None      None       Management
      Insurance to Directors and Supervisors
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2.4 per Share
2.3   Amend Articles of Association             For       Against    Management
2.4   Amend Procedures Governing Derivative     For       Against    Management
      Financial Instruments
3     Other Business                            None      None       Management


--------------------------------------------------------------------------------

PING AN INSURANCE (GROUP) CO. OF CHINA, LTD.

Ticker:                      Security ID:  CN000A0CBBB1
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAY 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Profit Distribution Plan and      For       For        Management
      Recommendation for Dividend for the Year
      Ended December 31, 2004
5     Reappoint Ernst & Young Hua Ming as PRC   For       For        Management
      Auditors and Ernst & Young as
      International Auditors and Authorize
      Board to Fix Their Remuneration
6     Elect Chen Hongbo as Non-Executive        For       For        Management
      Director
7     Elect Chow Wing King, Anthony as          For       For        Management
      Independent Non-Executive Director
8     Approve Increase of Annual Fees of Each   For       For        Management
      Domestic Independent Non-Executive
      Director from RMB60,000 to RMB150,000 and
      Annual Fees of Each Foreign Independent
      Non-Executive Director from RMB200,000 to
      RMB300,000
9     Approve Increase of Annual Fees of        For       For        Management
      Independent Supervisors from RMB40,000 to
      RMB60,000 for Each Independent Supervisor
      and Annual Fees for Chairman of
      Supervisory Committee from RMB200,000 to
      RMB250,000
10    Approve Adjustment to the Investment      For       For        Management
      Limits of the Board of Directors
11    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
12    Amend Articles Re: Business Scope of the  For       For        Management
      Company, Issuance of Shares, Composition
      of the Board, Convening Board and
      Extraordinary Meetings, Issuance of
      Interim Dividends


--------------------------------------------------------------------------------

POLARIS SECURITIES

Ticker:                      Security ID:  TW0002854007
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Other Reports                     None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 0.20 per Share and Stock
      Dividend of 60 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       Against    Management
2.5   Authorize the Board to Acquire Other      For       Against    Management
      Securities Company's Business or Property
3     Other Discussions                         None      None       Management
4     Other Business                            None      None       Management


--------------------------------------------------------------------------------

POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI S.A.

Ticker:                      Security ID:  PLPKO0000016
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Approve Meeting Procedures                For       Did Not    Management
                                                          Vote
6     Receive Management Board Report on        None      Did Not    Management
      Company's Activities in 2004                        Vote
7     Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
8.1   Approve Management Board Report on        For       Did Not    Management
      Company's Activities in 2004                        Vote
8.2   Approve Financial Statements              For       Did Not    Management
                                                          Vote
8.3   Approve Supervisory Board Report          For       Did Not    Management
                                                          Vote
8.4   Approve Allocation of Income              For       Did Not    Management
                                                          Vote
8.5   Approve Dividends                         For       Did Not    Management
                                                          Vote
8.6   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
8.7   Approve Annual Bonus for CEO for His Work For       Did Not    Management
      in 2004                                             Vote
8.8   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
8.9   Approve Increase in Reserve Capital       For       Did Not    Management
                                                          Vote
8.10  Transfer Funds from Reserve Capital to    For       Did Not    Management
      Increase Company's Brokerage Activity               Vote
      Fund
9.1   Approve Consolidated Statutory Reports    For       Did Not    Management
                                                          Vote
9.2   Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
10    Accept International Accounting Standards For       Did Not    Management
      as Official Accounting Standards for                Vote
      Preparing Company's Financial Statements
11    Amend Statute Re: Convert Series B and C  For       Did Not    Management
      Registered Shares into Bearer Shares                Vote
12    Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
13    Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
14    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

PT BANK CENTRAL ASIA TBK

Ticker:                      Security ID:  ID1000098403
Meeting Date: MAY 26, 2005   Meeting Type: Special
Record Date:  MAY 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Share Repurchase Program        For       For        Management


--------------------------------------------------------------------------------

PT BANK CENTRAL ASIA TBK

Ticker:                      Security ID:  ID1000098403
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Annual Report                      For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income              For       For        Management
4     Elect Directors and Commissioners         For       For        Management
5     Approve Remuneration of Directors and     For       For        Management
      Commissioners
6     Approve Siddharta, Siddharta & Harsono as For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Approve Dividends                         For       For        Management


--------------------------------------------------------------------------------

PT BANK INTERNASIONAL INDONESIA

Ticker:                      Security ID:  ID1000099302
Meeting Date: FEB 21, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors and Commissioners         For       For        Management


--------------------------------------------------------------------------------

PT BANK MANDIRI (PERSERO) TBK

Ticker:                      Security ID:  ID1000095003
Meeting Date: MAY 16, 2005   Meeting Type: Annual
Record Date:  APR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income              For       For        Management
3     Approve Prasetio, Sarwoko & Sandjaja as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Approve Remuneration of Directors and     For       For        Management
      Commmissioners
5     Approve Stock Option Plan                 For       Against    Management
6     Elect Directors and Commissioners         For       For        Management


--------------------------------------------------------------------------------

PT BANK RAKYAT INDONESIA (PERSERO) TBK

Ticker:                      Security ID:  ID1000096001
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' Report                  For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income              For       For        Management
4     Approve Prasetio, Sarwoko & Sandjaja as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Elect Directors and Commissioners         For       For        Management
6     Approve Remuneration of Directors and     For       For        Management
      Commissioners
7     Approve Stock Option Plan                 For       Against    Management
8     Approve Write-off of Non-Perfoming Loans  For       Against    Management


--------------------------------------------------------------------------------

PT BUMI RESOURCES TBK

Ticker:                      Security ID:  ID1000068703
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  JUN 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' Report                  For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Doli, Bambang Sudarmadji & Co.    For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration


--------------------------------------------------------------------------------

PT BUMI RESOURCES TBK

Ticker:                      Security ID:  ID1000068703
Meeting Date: JUN 28, 2005   Meeting Type: Special
Record Date:  JUN 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors and Commissioners         For       For        Management
2     Approve Pledging of Assets for Debt       For       Against    Management


--------------------------------------------------------------------------------

PT BUMI RESOURCES TBK

Ticker:                      Security ID:  ID1000068703
Meeting Date: OCT 6, 2004    Meeting Type: Special
Record Date:  SEP 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Pledging of Assets for Debt       For       Against    Management


--------------------------------------------------------------------------------

PT GUDANG GARAM TBK (PT PERUSAHAAN ROKOK TJAP GUDANG GARAM )

Ticker:                      Security ID:  ID1000068604
Meeting Date: JUN 25, 2005   Meeting Type: Annual
Record Date:  JUN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' Report                  For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Dividends of IDR 300              For       For        Management
4     Approve Delegation of Duties of           For       For        Management
      Commissioners and Directors
5     Approve Remuneration of Commissioners     For       For        Management
6     Elect Commissioners and Directors         For       For        Management
7     Approve Siddharta Siddharta & Widjaja as  For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration


--------------------------------------------------------------------------------

PT HANJAYA MANDALA SAMPOERNA

Ticker:                      Security ID:  ID1000074008
Meeting Date: MAY 18, 2005   Meeting Type: Special
Record Date:  MAY 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors and Commissioners         For       For        Management


--------------------------------------------------------------------------------

PT INDOCEMENT TUNGGAL PRAKARSA

Ticker:                      Security ID:  ID1000061302
Meeting Date: DEC 2, 2004    Meeting Type: Special
Record Date:  NOV 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors and Commissioners         For       For        Management


--------------------------------------------------------------------------------

PT INDOCEMENT TUNGGAL PRAKARSA

Ticker:                      Security ID:  ID1000061302
Meeting Date: FEB 23, 2005   Meeting Type: Special
Record Date:  FEB 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Refinancing Agreement             For       Did Not    Management
                                                          Vote
2     Approve Transaction with a Related Party  For       Did Not    Management
                                                          Vote
3     Elect Commissioners                       For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

PT INDOCEMENT TUNGGAL PRAKARSA

Ticker:                      Security ID:  ID1000061302
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  MAY 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income              For       For        Management
3     Approve Prasetio, Sarwoko & Sandjaja as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Elect Directors and Commissioners         For       For        Management


--------------------------------------------------------------------------------

PT TELEKOMUNIKASI INDONESIA

Ticker:       TLK            Security ID:  ID1000057904
Meeting Date: JUL 30, 2004   Meeting Type: Annual
Record Date:  JUN 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approval to Convene Meeting for FY 2003   For       For        Management
      and Accept Annual Report
2     Accept Financial Statements and Discharge For       For        Management
      of Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends
4     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
5     Approve Stock Split                       For       For        Management
6     Amend Articles of Association to Reflect  For       For        Management
      Stock Split
7     Approve Remuneration of Directors and     For       For        Management
      Commissioners


--------------------------------------------------------------------------------

PTT PUBLIC COMPANY

Ticker:                      Security ID:  TH0646010015
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income and Dividend For       For        Management
      of Baht 6.75 per Share
4     Elect Directors                           For       For        Management
5     Approve Remuneration of Directors         For       For        Management
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Amend Articles of Association Re: Company For       For        Management
      Seal
8     Approve the 5-Year Financing Plan of PTT  For       For        Management
      Public Co
9     Approve Issuance of 40 Million Units of   For       For        Management
      Warrants to Directors, Employees, and
      Advisors of the Company
10    Approve Reduction in Registered Capital   For       For        Management
      to Baht 27.97 Billion
11    Approve Increase in Registered Capital to For       For        Management
      Baht 28.37 Billion
12    Approve Allocation of 40 Million New      For       For        Management
      Ordinary Shares Reserved for the Exercise
      of Warrants
13    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

PTT PUBLIC COMPANY

Ticker:                      Security ID:  TH0646010015
Meeting Date: SEP 24, 2004   Meeting Type: Special
Record Date:  SEP 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve Shares Purchasing of Rayong       For       For        Management
      Refinery Co, Ltd
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

PUNJAB NATIONAL BANK

Ticker:                      Security ID:  INE160A01014
Meeting Date: JUL 3, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Voluntary Delisting of Company    For       For        Management
      Shares


--------------------------------------------------------------------------------

PUSAN BANK

Ticker:                      Security ID:  KR7005280003
Meeting Date: MAR 25, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 300 Per Share
2     Elect Directors                           For       For        Management
3     Elect Members of Audit Committee          For       For        Management
4     Approve Stock Option Grants               For       For        Management


--------------------------------------------------------------------------------

RESORTS WORLD BERHAD

Ticker:                      Security ID:  MYL4715OO008
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2004
2     Approve Final Dividend for the Financial  For       For        Management
      Year Ended Dec. 31, 2004
3     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR 575,000 for the Financial
      Year Ended Dec. 31, 2004
4     Elect Lim Kok Thay as Director            For       Against    Management
5     Elect Clifford Francis Herbert as         For       For        Management
      Director
6     Elect Alwi Jantan as Director             For       For        Management
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
8     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to 10
      Percent of Issued Share Capital
9     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

RESORTS WORLD BERHAD

Ticker:                      Security ID:  MYL4715OO008
Meeting Date: JUN 28, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Proposed Disposal by Resorts      For       For        Management
      World Ltd of its Entire Equity Interest
      in Geremi Ltd to Genting International
      Plc (GIPLC) for a Consideration of USD
      4.6 Million to be Satisfied through the
      Issuance of 26 Million New GIPLC Shares


--------------------------------------------------------------------------------

RICHTEK TECHNOLOGY CORP

Ticker:                      Security ID:  TW0006286008
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Revisions to the    None      None       Management
      Employee Stock Options Plan
1.4   Receive Other Reports                     None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2.50 Share and Stock
      Dividend of 150 per 1000 Shares
3.1   Amend Articles of Association             For       Against    Management
3.2   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.3   Elect Directors and Supervisors           For       For        Management
3.4   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
3.5   Other Discussions                         For       Against    Management
4     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

S.P. SETIA BHD (FORMERL SYARIKAT PEMBINAAN SETIA BERHAD)

Ticker:                      Security ID:  MYL8664OO004
Meeting Date: FEB 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Oct.
      31, 2004
2     Approve Final Dividend of 14 Percent Less For       For        Management
      Tax at 28 Percent for the Financial Year
      Ended Oct. 31, 2004
3     Elect Zaki Bin Tun Azmi as Director       For       For        Management
4     Elect Ismail Bin Adam as Director         For       For        Management
5     Elect George Anthony Dass David as        For       For        Management
      Director
6     Elect Yap Kok Weng as Director            For       Against    Management
7     Approve Moores Rowland as Auditors and    For       For        Management
      Authorize Board to Fix Their Remuneration
8     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions as Specified in Section 2.3
      (A) to (E) of the Circular to
      Shareholders Dated Feb. 2, 2005
9     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions as Specified in Section 2.3
      (F) of the Circular to Shareholders Dated
      Feb. 2, 2005


--------------------------------------------------------------------------------

S.P. SETIA BHD (FORMERL SYARIKAT PEMBINAAN SETIA BERHAD)

Ticker:                      Security ID:  MYL8664OO004
Meeting Date: JUN 20, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Memorandum of Association Re:       For       For        Management
      Increase in the Company's Share Capital
      from MYR 1 Billion to MYR 1.2 Billion
2     Approve Proposed Capital Repayment of Up  For       For        Management
      to MYR 164.6 Million Via Cash on the
      Basis of MYR 0.25 Per Ordinary Share of
      MYR 1.00 Each in S P Setia Via Cash to
      All Entitled Shareholders of the Company


--------------------------------------------------------------------------------

SAMSUNG ELECTRONICS CO. LTD.

Ticker:       SSNHY          Security ID:  KR7005930003
Meeting Date: FEB 28, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income, with a   For       For        Management
      Final Dividend of KRW 5000 Per Common
      Share
2     Elect One Director                        For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors


--------------------------------------------------------------------------------

SAMSUNG FIRE & MARINE INSURANCE CO.

Ticker:                      Security ID:  KR7000810002
Meeting Date: MAY 31, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1500 Per Share
2     Elect Two Directors                       For       For        Management
3     Elect Member of Audit Committee           For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors


--------------------------------------------------------------------------------

SAMSUNG SDI CO.

Ticker:                      Security ID:  KR7006400006
Meeting Date: FEB 28, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 3000 Per Ordinary Share
2     Amend Articles of Incorporation to        For       For        Management
      Increase Maximum Board Size From 8 to 9
3     Elect Directors                           For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors


--------------------------------------------------------------------------------

SANLAM LIMITED

Ticker:                      Security ID:  ZAE000028262
Meeting Date: JUN 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Dec. 31, 2004
2     Ratify Reappointment of Auditors          For       For        Management
3.1   Reelect R.C. Andersen as Director         For       For        Management
      Appointed During the Year
3.2   Reelect M.V. Moosa as Director Appointed  For       For        Management
      During the Year
3.3   Reelect M. Ramos as Director Appointed    For       For        Management
      During the Year
4.1   Reelect A.S. du Plessis as Director       For       For        Management
4.2   Reelect C.E. Maynard as Director          For       For        Management
4.3   Reelect P. de V. Rademeyer as Director    For       For        Management
4.4   Reelect G.E. Rudman as Director           For       For        Management
5     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
6     Approve Remuneration of Directors for     For       For        Management
      Fiscal Year 2004
7     Approve Remuneration of Directors for     For       For        Management
      Jan. 1, 2005-June 30, 2006 Period
8     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
9     Approve Broad Based Enployee Share Plan   For       Against    Management
10    Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

SANLAM LIMITED

Ticker:                      Security ID:  ZAE000028262
Meeting Date: JUN 9, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Disposal of Shareholding in Absa  For       For        Management
      Group Limited Pursuant to Scheme of
      Arrangement Proposed By Barclays
2     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

SHIN KONG FINANCIAL HOLDING CO LTD

Ticker:                      Security ID:  TW0002888005
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2004
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Issuance of Unsecured   None      None       Management
      Convertible Corporate Bonds
1.4   Receive Report on the Use of Proceeds     None      None       Management
      from Capital Increase
1.5   Receive Report on the Implementation of   None      None       Management
      Code of Conduct for Directors and
      Supervisors
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 0.65 per Share and Stock
      Dividend of 65 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
3.2   Approve Merger with Macoto Bank           For       For        Management
3.3   Amend Procedures Governing the            For       For        Management
      Acquisition or Disposal of Assets
3.4   Amend Articles of Association             For       For        Management
3.5   Amend Procedures on Shareholders' Meeting For       For        Management
3.6   Amend Directors and Supervisors Election  For       For        Management
      Guidelines
4     Elect Directors and Supervisors           For       For        Management
5     Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
6     Other Business                            For       For        Management


--------------------------------------------------------------------------------

SHINHAN FINANCIAL GROUP CO. LTD.

Ticker:                      Security ID:  KR7055550008
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 750 Per Share
2     Elect Directors                           For       For        Management
3     Elect Members of Audit Committee          For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors
5     Approve Stock Option Grants               For       For        Management


--------------------------------------------------------------------------------

SHOPRITE HOLDINGS LTD.

Ticker:                      Security ID:  ZAE000012084
Meeting Date: OCT 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2     Approve Remuneration of Directors         For       For        Management
3     Approve PricewaterhouseCoopoers as        For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Approve Payment of Dividends              For       For        Management
5     Reelect J.F. Malherbe, J.G. Rademeyer,    For       Against    Management
      T.R.P. Hlongwane, and B. Harisunker as
      Director
6     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
7     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
8     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

SHOUGANG CONCORD CENTURY HOLDINGS LTD

Ticker:                      Security ID:  HK0103000607
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  JUN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       Against    Management
3a    Reelect Leung Shun Sang, Tony as Director For       For        Management
3b    Reelect Tang Cornor Kwok Kau as Director  For       For        Management
3c    Reelect Hui Hung, Stephen as Director     For       For        Management
3d    Reelect Law, Yui Lun as Director          For       For        Management
4     Reappoint Deloitte Touche Tohmatsu as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6a    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6b    Authorize Reissuance of Repurchased       For       For        Management
      Shares
7     Amend Articles Re: Retirement by Rotation For       For        Management
      and Nomination of Directors


--------------------------------------------------------------------------------

SIAM CITY BANK PUBLIC CO LTD (FORMERLY SIAM CITY BANK CO LTD

Ticker:                      Security ID:  TH0119010Z16
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:  MAR 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Minutes of Previous AGM           For       For        Management
3     Accept Directors' Report                  For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5.1   Approve Legal Reserve Allocation          For       For        Management
5.2   Approve and Final Dividend of Baht 0.70   For       For        Management
      per Share
5.3   Approve Remuneration of Directors         For       For        Management
6     Elect Directors                           For       For        Management
7     Approve Ernst & Young  Office Limited as  For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
8     Accept Report on the Remuneration of      For       For        Management
      Directors
9     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SIAM COMMERCIAL BANK PLC

Ticker:                      Security ID:  TH0015010018
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Dividend For       For        Management
      of Baht 2.00 per Share
5     Approve Bonus and Remuneration of         For       For        Management
      Directors
6     Elect Directors                           For       For        Management
7     Authorize Issuance of Debentures not      For       For        Management
      exceeding Baht 40 Billion or its
      Equivalent in Other Currency
8     Approve Deloitte Touche Tohmatsu Jaiyos   For       For        Management
      Co, Ltd as Auditors and Authorize Board
      to Fix Their Remuneration
9     Amend Memorandum of Association Re:       For       For        Management
      Preferred Shares Conversion
10    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SIAM MAKRO PUBLIC CO LTD

Ticker:                      Security ID:  TH0429010018
Meeting Date: APR 25, 2005   Meeting Type: Annual
Record Date:  APR 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Accept Acknowledgement of Management      For       For        Management
      Report and Interim Dividend Payment
4     Elect Directors and Fix Their             For       For        Management
      Remuneration
5     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 1.75 per Share
6     Approve PricewaterhouseCoopers ABAS       For       For        Management
      Limited as Auditors and Authorize Board
      to Fix Their Remuneration
7     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SIAM MAKRO PUBLIC CO LTD

Ticker:                      Security ID:  TH0429010018
Meeting Date: DEC 29, 2004   Meeting Type: Special
Record Date:  DEC 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve Acquisition of 100 Percent shares For       For        Management
      in Siam Food
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SIEMENS (INDIA) LTD.

Ticker:                      Security ID:  INE003A01016
Meeting Date: APR 25, 2005   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Amalgamation of Siemens For       For        Management
      VDO Automotive Ltd with Siemens Ltd


--------------------------------------------------------------------------------

SIEMENS (INDIA) LTD.

Ticker:                      Security ID:  INE003A01016
Meeting Date: JAN 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Interim Dividend Which Was Paid   For       For        Management
      on Aug. 22, 2004
3     Approve Final Dividend                    For       For        Management
4     Reelect D.C. Shroff as a Director         For       For        Management
5     Reelect Y.H. Malegam as a Director        For       For        Management
6     Reelect A.B. Nadkarni as a Director       For       For        Management
7     Approve BSR & Co. as Auditors and         For       For        Management
      Authorize Board to Fix Their Remuneration
8     Approve Appointment Remuneration of J.    For       For        Management
      Schubert, as Managing Director
9     Approve Re-imbursement of Children's      For       For        Management
      Education Expenses to H. Gelis, Executive
      Director
10    Approve Payment of Commission to Non      For       For        Management
      Executive Directors
11    Change Place of Keeping of Register &     For       For        Management
      Index of Members


--------------------------------------------------------------------------------

SINO THAI ENGINEERING & CONSTRUCTION

Ticker:                      Security ID:  TH0307010Z17
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Dividend For       For        Management
      of Baht 0.06 per Share
5     Elect Directors                           For       For        Management
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Approve Remuneration of Directors and     For       For        Management
      Audit Committee
8     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SINO THAI ENGINEERING & CONSTRUCTION

Ticker:                      Security ID:  TH0307010Z17
Meeting Date: AUG 16, 2004   Meeting Type: Special
Record Date:  JUL 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Issuance of Warrants with       For       For        Management
      Preemptive Rights
2     Approve Increase in Registered Capital    For       For        Management
      and Amendment of Memorandum of
      Association
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SINO THAI ENGINEERING & CONSTRUCTION

Ticker:                      Security ID:  TH0307010Z17
Meeting Date: MAY 31, 2005   Meeting Type: Special
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in Registered Capital    For       For        Management
      and Allocation of Newly Issued Shares
2     Amend Memorandum of Association to        For       For        Management
      Reflect Increase in Registered Capital
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SPRING SOFT SYSTEMS CO LTD

Ticker:                      Security ID:  TW0002473006
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report on 2004 Business Operation None      None       Management
      Results
2     Receive Supervisors' Report               None      None       Management
3     Receive Report on Treasury Shares         None      None       Management
4     Receive Report on the Issuance of         None      None       Management
      Overseas Convertible Corporate Bonds
5     Receive Report on the Revisions to the    None      None       Management
      Employee Stock Options Plan
6     Accept Financial Statements and Statutory For       For        Management
      Reports
7     Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 3 per Share and Stock
      Dividend of 50 Shares per 1000 Shares
8     Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing  of Ordinary
      Shares to Participate the Issuance of
      Global Depository Receipt or Domestic
      Right Issue
9     Amend Articles of Association             For       Against    Management
10    Elect Directors and Supervisors           For       For        Management
11    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

STANDARD BANK GROUP LTD (FORMERLY STANDARD BANK INVESTMENT C

Ticker:                      Security ID:  ZAE000057378
Meeting Date: DEC 6, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Participation by T.S. Gcabashe in For       For        Management
      Tutuwa Mangers Trust
2     Approve Participation by K.D. Morokla in  For       For        Management
      Tutuwa Mangers Trust
3     Approve Participation by A.C. Nissen in   For       For        Management
      Tutuwa Mangers Trust
4     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

STANDARD BANK GROUP LTD (FORMERLY STANDARD BANK INVESTMENT C

Ticker:                      Security ID:  ZAE000057378
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended December 31, 2004
2.1   Approve Remuneration of Group Chairman    For       For        Management
2.2   Approve Remuneration of Group Director    For       For        Management
2.3   Approve Remuneration of Group             For       For        Management
      International Director
2.4   Approve Remuneration of Group Credit      For       For        Management
      Committee Director
2.5   Approve Remuneration of Directors in      For       For        Management
      Directors' Affairs Committee
2.6   Approve Remuneration of Directors in Risk For       For        Management
      Management Committee
2.7   Approve Remuneration of Directors in      For       For        Management
      Group Remuneration Committee
2.8   Approve Remuneration of Directors in      For       For        Management
      Tranformation Committee
2.9   Approve Remuneration of Directors in      For       For        Management
      Group Audit Committee
2.10  Approve Remuneration of Directors for Ad  For       For        Management
      Hoc Meeting Attendance
3.1   Reelect E. Bradley as Director            For       For        Management
3.2   Reelect D. Cooper as Director             For       For        Management
3.3   Reelect S. Macozoma as Director           For       For        Management
3.4   Reelect R. Menell as Director             For       For        Management
3.5   Reelect C. Ramaphosa as Director          For       For        Management
3.6   Reelect M. Ramphele as Director           For       For        Management
3.7   Reelect M. Shaw as Director               For       For        Management
3.8   Reelect C. Strauss as Director            For       For        Management
4.1   Approve Stock Option Grants to M.         For       For        Management
      Ramphele
4.2   Approve Standard Bank Equity Growth       For       For        Management
      Scheme
4.3   Place the Standard Bank Equity Growth     For       For        Management
      Scheme Shares under Control of Directors
4.4   Amend Incentive Share Option Scheme       For       For        Management
4.5   Place Group Share Incentive Scheme Shares For       For        Management
      under Control of Directors
4.6   Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
4.7   Place Authorized Preference But Unissued  For       For        Management
      Shares under Control of Directors
4.8   Approve Capital Distribution to           For       For        Management
      Shareholders
5     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

STANDARD BANK GROUP LTD (FORMERLY STANDARD BANK INVESTMENT C

Ticker:                      Security ID:  ZAE000038873
Meeting Date: SEP 13, 2004   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement Re:         For       For        Management
      Repurchase by Subsidiaries and General
      Scheme Trust of 7.6 Percent of Issued
      Capital of Company


--------------------------------------------------------------------------------

STANDARD BANK GROUP LTD (FORMERLY STANDARD BANK INVESTMENT C

Ticker:                      Security ID:  ZAE000038873
Meeting Date: SEP 13, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Company Subsidiaries to         For       For        Management
      Purchase Shares in Parent
2     Approve Sale of Company Stake in          For       For        Management
      Subidiaries
3     Approve General Staff Scheme              For       For        Management
4     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

STATE BANK OF INDIA

Ticker:       SBKIY          Security ID:  INE062A01012
Meeting Date: AUG 31, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Appoint A.G. Piramal, I.G. Patel, and     For       Did Not    Management
      N.V. Rao as Directors                               Vote


--------------------------------------------------------------------------------

STATE BANK OF INDIA

Ticker:       SBKIY          Security ID:  INE062A01012
Meeting Date: JUL 9, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports


--------------------------------------------------------------------------------

STEEL AUTHORITY INDIA

Ticker:       SAUIY          Security ID:  INE114A01011
Meeting Date: SEP 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Reappoint S.K. Bhattacharyya as Director  For       For        Management
3     Reappoint S.N. Mishra as Director         For       For        Management
4     Reappoint S. Mishra as Director           For       For        Management
5     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
6     Approve Voluntary Delisting of Company    For       For        Management
      Shares
7     Appoint U.P. Singh as Director            For       For        Management
8     Appoint S.K. Roongta as Director          For       For        Management
9     Appoint R.P. Singh as Director            For       For        Management
10    Appoint G.C. Daga as Director             For       For        Management
11    Appoint K.K. Khanna as Director           For       For        Management


--------------------------------------------------------------------------------

STEINHOFF INTERNATIONAL HOLDINGS LTD

Ticker:                      Security ID:  ZAE000016176
Meeting Date: NOV 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2.1.1 Reelect C.E. Daun as Director             For       For        Management
2.1.2 Reelect K.J. Grove as Director            For       For        Management
2.1.3 Reelect D. Konar as Director              For       For        Management
2.1.4 Reelect F.A. Sonn as Director             For       For        Management
2.2   Reelect R.H. Walker as Director Appointed For       For        Management
      During the Year
2.3.1 Approve Remuneration of Directors for     For       For        Management
      Past Fiscal Year
2.3.2 Ratify Reappointment of Deloitte and      For       For        Management
      Touche as Auditors
3     Place 262 Million Authorized But Unissued For       For        Management
      Shares under Control of Directors
4     Approve Issuance of up to a Maximum of 56 For       For        Management
      Million Shares without Preemptive Rights
5     Place 103 Million Authorized But Unissued For       Against    Management
      Shares under Control of Directors for Use
      Pursuant to  Steinhoff International
      Incentive Schemes
6     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital
7     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

STX SHIPBUILDING CO.

Ticker:                      Security ID:  KR7067250001
Meeting Date: MAR 17, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 750 Per Share
2     Amend Articles of Incorporation Re:       For       For        Management
      Authority of Representative Director,
      Quorum Requirements at AGMs
3     Elect Directors                           For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors
5     Approve Limit on Remuneration of Auditors For       For        Management


--------------------------------------------------------------------------------

SUNPLUS TECHNOLOGY CO. LTD.

Ticker:                      Security ID:  TW0002401007
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2 per Share and Stock
      Dividend of 50 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.2   Amend Articles of Association             For       Against    Management
3.3   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
4     Other Business                            For       Against    Management


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TAISHIN FINANCIAL HOLDINGS CO LTD

Ticker:                      Security ID:  TW0002887007
Meeting Date: DEC 3, 2004    Meeting Type: Special
Record Date:  NOV 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Thomas T.L. Wu as Director          For       Did Not    Management
                                                          Vote
2     Elect Yu-Lon Chiao as Director            For       Did Not    Management
                                                          Vote
3     Elect Charles W.Y. Wang as Director       For       Did Not    Management
                                                          Vote
4     Elect Chu-Chan Wang as Director           For       Did Not    Management
                                                          Vote
5     Elect Cheng Ching Wu as Director          For       Did Not    Management
                                                          Vote
6     Elect Tong Shung Wu as Supervisor         For       Did Not    Management
                                                          Vote
7     Elect Henry C.S. Kao as Supervisor        For       Did Not    Management
                                                          Vote
8     Elect Thomas K.K. Lin as Supervisor       For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TAISHIN FINANCIAL HOLDINGS CO LTD

Ticker:                      Security ID:  TW0002887007
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operating None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Issuance of         None      None       Management
      Corporate Debt
1.4   Receive Report on the Amendment of Board  None      None       Management
      Procedures
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1.3 per Share and Stock
      Dividend of 145 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.2   Amend Procedures Governing the            For       Against    Management
      Acquisition and Disposal of Assets
3.3   Cancel Procedures for  Loan of Funds to   For       Against    Management
      Other Parties, and Endorsement and
      Guarantee
3.4   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
3.5   Amend Articles of Association             For       Against    Management
4     Other Business                            None      None       Management


--------------------------------------------------------------------------------

TAIWAN CEMENT

Ticker:                      Security ID:  TW0001101004
Meeting Date: JUN 30, 2005   Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Other Reports                     None      None       Management
2     Approve Financial Statements, Allocation  For       For        Management
      of Income and Cash Dividend of NTD 0.70
      per Share and Stock Dividend of 50 Shares
      per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.2   Amend Articles of Association             For       Against    Management
3.3   Amend Procedures Governing the            For       Against    Management
      Acquisition or Disposal of Assets
3.4   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors


--------------------------------------------------------------------------------

TAIWAN MOBILE CO LTD (FRMLY TAIWAN CELLULAR CORP)

Ticker:                      Security ID:  TW0003045001
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Mergers with T&M    None      None       Management
      Investment
1.4   Receive Report on the Mergers with Taiwan None      None       Management
      Elitee Corporation
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2.5 per Share
2.3   Amend Articles of Association             For       For        Management
2.4.1 Elect Jack JT Huang as Independent        For       For        Management
      Director with ID No. A100320106
2.4.2 Elect Wen-Li Yeh as Independent Director  For       For        Management
      with ID No. A103942588
2.4.3 Elect J Carl Hsu as Independent Director  For       For        Management
      with ID No. A130599888
2.4.4 Elect Tsung-Ming Chung as Independent     For       For        Management
      Supervisor with ID No. J102535596
2.5   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors


--------------------------------------------------------------------------------

TAIWAN SEMICONDUCTOR MANUFACTURING CO.

Ticker:                      Security ID:  TW0002330008
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2004
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Acquisition or      None      None       Management
      Disposal of Assets with Related Parties
      for 2004
1.4   Receive Report on the Status of           None      None       Management
      Guarantees Provided by the Company as of
      the End of 2004
1.5   Receive Report on the Execution of        None      None       Management
      Treasury Stock Buyback
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2.00 per Share and Stock
      Dividend of 50 Shares per 1000 Shares
      Held
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       For        Management
3     Other Business                            None      None       Management


--------------------------------------------------------------------------------

TATA IRON STEEL COMPANY

Ticker:                      Security ID:  4879530
Meeting Date: JUL 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Dividends of INR 10 Per Share     For       Did Not    Management
                                                          Vote
3     Reappoint K. Mahindra as Director         For       Did Not    Management
                                                          Vote
4     Reappoint N.N. Wadia as Director          For       Did Not    Management
                                                          Vote
5     Reappoint T. Mukherjee as Director        For       Did Not    Management
                                                          Vote
6     Reappoint A.N. Singh as Director          For       Did Not    Management
                                                          Vote
7     Approve Remuneration of B. Mutharaman,    For       Did Not    Management
      Managing Director                                   Vote
8     Approve Remuneration of T. Mukherjee,     For       Did Not    Management
      Deputy Managing Director                            Vote
9     Approve Remuneration of A.N. Singh,       For       Did Not    Management
      Deputy Managing Director                            Vote
10    Approve Increase in Authorized Capital to For       Did Not    Management
      INR 8.5 Billion                                     Vote
11    Amend Articles of Association Re:         For       Did Not    Management
      Increase in Authorized Capital                      Vote
12    Authorize Capitalization of Reserves for  For       Did Not    Management
      Bonus Issue                                         Vote
13    Approve A.F. Ferguson & Co. as Auditors   For       Did Not    Management
      and Authorize Board to Fix Their                    Vote
      Remuneration
14    Approve Loke Lum & Partners as Auditors   For       Did Not    Management
      and Authorize Board to Fix Their                    Vote
      Remuneration


--------------------------------------------------------------------------------

TELEKOMUNIKACJA POLSKA S.A.

Ticker:                      Security ID:  PLTLKPL00017
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6.1   Receive Management Board Report on        None      Did Not    Management
      Company's Activities in 2004; Receive               Vote
      Financial Statements
6.2   Receive Management Board Proposal Re:     None      Did Not    Management
      Allocation of Income                                Vote
6.3   Receive Report on Supervisory Board's     None      Did Not    Management
      Activities in 2004; Receive Supervisory             Vote
      Board Report Re: Management Board
      Activities in 2004, 2004 Financial
      Statements, and Management Board Proposal
      on Allocation of Income
6.4   Receive Management Board Report on        None      Did Not    Management
      Telekomunikacja Polska Group's Activities           Vote
      in 2004 and on Consolidated Financial
      Statements
6.5   Receive Supervisory Board Report Re:      None      Did Not    Management
      Telekomunikacja Polska Group's Activities           Vote
      in 2004 and Consolidated Financial
      Statements
7.1   Approve Management Board Report on        For       Did Not    Management
      Company's Activities in 2004                        Vote
7.2   Approve Financial Statements              For       Did Not    Management
                                                          Vote
7.3   Approve Allocation of Income              For       Did Not    Management
                                                          Vote
7.4   Approve Allocation of Income from         For       Did Not    Management
      Previous Years                                      Vote
7.5   Approve Management Board Report on        For       Did Not    Management
      Telekomunikacja Polska Group's Activities           Vote
      in 2004
7.6   Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
7.7   Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
8     Amend Statute Re: Composition and         For       Did Not    Management
      Election of Supervisory Board; Editorial            Vote
      Changes
9     Approve Unified Text of Statute           For       Did Not    Management
                                                          Vote
10    Fix Number of Supervisory Board Members   For       Did Not    Management
                                                          Vote
11    Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
12    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TELEKOMUNIKACJA POLSKA S.A.

Ticker:                      Security ID:  PLTLKPL00017
Meeting Date: FEB 1, 2005    Meeting Type: Special
Record Date:  JAN 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Shareholder Proposal: Fix Number of       None      Did Not    Shareholder
      Supervisory Board Members                           Vote
7     Shareholder Proposal: Elect Supervisory   None      Did Not    Shareholder
      Board                                               Vote
8     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TELKOM SA

Ticker:                      Security ID:  ZAE000044897
Meeting Date: OCT 14, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Mar. 31, 2004
2.1   Reelect Thabo Mosololi as Director        For       For        Management
2.2   Reelect Polelo Lazarus Lim as Director    For       For        Management
3     Ratify Ernst and Young as Auditors        For       For        Management
4     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

TENAGA NASIONAL

Ticker:                      Security ID:  MYL5347OO009
Meeting Date: DEC 23, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Aug.
      31, 2004
2     Approve Final Dividend of MYR0.10 Per     For       For        Management
      Share and Special Dividend of MYR0.04 for
      the Financial Year Ended Aug. 31, 2004
3     Approve Remuneration of Directors for the For       For        Management
      Financial Year Ended Aug. 31, 2004
4     Elect Hari Narayanan a/l Govindasamy as   For       For        Management
      Director
5     Elect Amar Leo Moggie as Director         For       For        Management
6     Elect Azman bin Mokhtar as Director       For       For        Management
7     Elect Mohd Zaid bin Ibrahim as Director   For       Against    Management
8     Elect Che Khalib bin Mohamad Noh as       For       For        Management
      Director
9     Elect Abdul Rahim bin Mokti as Director   For       For        Management
10    Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
11    Approve Issuance of Shares Pursuant to    For       Against    Management
      Employees' Share Option Scheme II
12    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
13    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with YTL Power International
      Bhd
14    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Ranhill Power Bhd
15    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Edaran Otomobil
      Nasional Bhd
16    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Petronas Gas Bhd
17    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Petronas Dagangan Bhd
18    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Malaysia International
      Shipping Corporation Bhd
19    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Petronas Carigali Sdn
      Bhd
20    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Misc Trucking &
      Warehousing Sdn Bhd
21    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Gas District Cooling
      Sdn Bhd
22    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Polyethylene Malaysia
      Sdn Bhd


--------------------------------------------------------------------------------

THAI AIRWAYS INTERNATIONAL LTD.

Ticker:                      Security ID:  TH0245010010
Meeting Date: DEC 17, 2004   Meeting Type: Annual
Record Date:  NOV 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Minutes of Previous AGM           For       For        Management
3     Accept Report on Company Performance      For       For        Management
      During Previous Year
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Approve Acknowledgement of the Interim    For       For        Management
      Dividend Payment
6     Approve Allocation of Income and          For       For        Management
      Dividends
7     Elect Directors                           For       For        Management
8     Approve Remuneration of Directors         For       For        Management
9     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
10    Other Business                            For       Against    Management


--------------------------------------------------------------------------------

THAI OIL PUBLIC CO LTD

Ticker:                      Security ID:  TH0796010013
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' Report                  For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income and Dividend For       For        Management
      of Baht 1.80 per Share
4     Elect Directors and Fix Their             For       For        Management
      Remuneration
5     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
6     Approve Release of Debentures             For       Against    Management
7     Amend Memorandum of Association           For       Against    Management
8     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

TOTAL ACCESS COMMUNICATION PUBLIC CO LTD

Ticker:                      Security ID:  TH0554010015
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Annual General Meeting For       For        Management
      for the Year 2004
2     Approve Report of the Directors and Audit For       For        Management
      Committee
3     Approve Balance Sheet and Profit and Loss For       For        Management
      Account as of December 31, 2004
4     Reelect Tongnoi Tongyai, Chulchit         For       For        Management
      Bunyaketu and Soonthorn Pokachaiyapat as
      Directors
5     Approve Directors' Fees of Baht 5.0       For       For        Management
      Million for the Year 2005 (2004: Baht 5
      Million)
6     Approve Nomination of Ruth Chawanagawi or For       For        Management
      Sophon Permsirivallop as Auditor with a
      Remuneration of Baht 2.6 Million
7     Approve Suspension of the Dividend        For       Against    Management
      Payment for 2004
8     Approve Mandate for Transactions with     For       For        Management
      Related Parties


--------------------------------------------------------------------------------

TPV TECHNOLOGY LIMITED  (FRMLY TPV HOLDINGS LTD)

Ticker:                      Security ID:  BMG8984D1074
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of $0.0159 Per     For       For        Management
      Share
3a    Reelect Houng Yu-Te as Director           For       For        Management
3b    Reelect Ku Chia-Tai as Director           For       For        Management
3c    Reelect Wong Chi Keung as Director        For       For        Management
3d    Authorize Board to Fix the Remuneration   For       For        Management
      of Directors
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Amend Bylaws Re: Editing Change           For       For        Management


--------------------------------------------------------------------------------

TRAKYA CAM

Ticker:                      Security ID:  TRATRKCM91F7
Meeting Date: APR 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Accept Financial Statements               For       Did Not    Management
                                                          Vote
5     Approve Discharge of Board                For       Did Not    Management
                                                          Vote
6     Elect Directors                           For       Did Not    Management
                                                          Vote
7     Approve Discharge of Internal Auditors    For       Did Not    Management
                                                          Vote
8     Elect Internal Auditors                   For       Did Not    Management
                                                          Vote
9     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
10    Approve Allocation of Income              For       Did Not    Management
                                                          Vote
11    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
12    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
13    Wishes                                    None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TRUE CORPORATION PCL (FORMERLY TELECOM ASIA CORP. PLC)

Ticker:                      Security ID:  TH0375010012
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Omission For       For        Management
      of Dividends
5     Elect Directors                           For       For        Management
6     Approve PricewaterhouseCoopers ABAS       For       For        Management
      Limited as Auditors and Authorize Board
      to Fix Their Remuneration
7     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

TSANN KUEN ENTERPRISE CO LTD

Ticker:                      Security ID:  TW0002430006
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      Abstain    Management
      Results
1.2   Receive Supervisors' Report               None      Abstain    Management
1.3   Receive Report on Status of Endorsements  None      Abstain    Management
      and Guarantees
1.4   Receive Report on the Status of           None      Abstain    Management
      Acquisition or Disposal of Assets with
      Related Parties for 2004
1.5   Receive Report on Mergers and Acquisition None      Abstain    Management
1.6   Receive Report on Assets Depreciation     None      Abstain    Management
2.1   Accept Financial Statements and Statutory For       Abstain    Management
      Reports
2.2   Approve Allocation of Income and Cash     For       Abstain    Management
      Dividend of NTD 2.4 per Share and Stock
      Dividend of 80 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       Abstain    Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       Abstain    Management
2.5   Amend Procedures Governing the            For       Abstain    Management
      Acquisition or Disposal of Assets
2.6   Amend Procedures Governing Derivative     For       Abstain    Management
      Financial Instruments
2.7   Amend Operating Procedures for            For       Abstain    Management
      Endorsement and Guarantee
2.8   Elect Directors and Supervisors           For       Abstain    Management
3     Other Business                            For       Abstain    Management


--------------------------------------------------------------------------------

TURKCELL ILETISIM HIZMETLERI

Ticker:                      Security ID:  TRATCELL91M1
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Ratify Directors Appointed During the     For       Did Not    Management
      Year                                                Vote
4     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
5     Accept Financial Statements               For       Did Not    Management
                                                          Vote
6     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
7     Approve Acquisition of All of the         For       Did Not    Management
      Outstanding Class B Shares of Company by            Vote
      Sonera Holding
8     Amend Articles Re: Board                  For       Did Not    Management
                                                          Vote
9     Amend Articles Re: Board Meetings         For       Did Not    Management
                                                          Vote
10    Approve Proposal of Board Regarding       For       Did Not    Management
      Independent Directors and Their                     Vote
      Remuneration and Elect Directors for
      Three Year Terms and Determine Their
      Remuneration
11    Elect Internal Auditors for One Year      For       Did Not    Management
      Terms and Determine Their Remuneration              Vote
12    Amend Articles Re: New Turkish Lira and   For       Did Not    Management
      Increase in Authorized Capital                      Vote
13    Approve Allocation of Income              For       Did Not    Management
                                                          Vote
14    Amend Articles Re: Distribution of        For       Did Not    Management
      Responsbilities and Appointment of                  Vote
      Managers
15    Amend Articles Re: Determination and      For       Did Not    Management
      Allocation of Income                                Vote
16    Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
17    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
18    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
19    Accept Board Report on Disclosure Policy  For       Did Not    Management
                                                          Vote
20    Wishes                                    None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TURKIYE GARANTI BANKASI

Ticker:                      Security ID:  TRAGARAN91N1
Meeting Date: APR 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Approve Financial Statements and          For       Did Not    Management
      Allocation of Income                                Vote
5     Increase Authorized Capital to TRY 7      For       Did Not    Management
      Billion and Amend Articles                          Vote
6     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
7     Elect Directors Appointed During the Year For       Did Not    Management
                                                          Vote
8     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
9     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
10    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
11    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose


--------------------------------------------------------------------------------

UTI BANK LTD

Ticker:                      Security ID:  INE238A01026
Meeting Date: JUN 1, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Corporate Purpose                   For       For        Management


--------------------------------------------------------------------------------

UTI BANK LTD

Ticker:                      Security ID:  INE238A01026
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Reappoint S. Singh as Director            For       For        Management
3     Reappoint N.C. Singhal as Director        For       For        Management
4     Approve Dividends of INR 2.8 Per Share    For       For        Management
5     Approve BSR & Co. as Auditors and         For       For        Management
      Authorize Board to Fix Their Remuneration
6     Appoint R.H. Patil as Director            For       For        Management
7     Appoint R. Bijapurkar as Director         For       For        Management
8     Appoint R.B.L. Vaish as Director          For       For        Management
9     Appoint S. Chatterjee as Director         For       For        Management
10    Approve Remuneration of P.J. Nayak,       For       For        Management
      Managing Director
11    Approve Remuneration of S. Chatterjee,    For       For        Management
      Executive Director
12    Amend Corporate Purpose                   For       For        Management
13    Amend Memorandum of Association RE:       For       For        Management
      Corporate Purpose
14    Amend Employees Stock Option Plan         For       For        Management


--------------------------------------------------------------------------------

VICTORY CITY INTERNATIONALHOLDINGS LTD

Ticker:                      Security ID:  BMG9358Q1463
Meeting Date: AUG 18, 2004   Meeting Type: Special
Record Date:  AUG 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Approve Grant of Options to Subscribe for For       Against    Management
      a Total of 55 Million Shares at a
      Subscription Price of HK$3.15 per Share
      Beyond the 10 Percent General Scheme
      Limit Pursuant to the Share Option Scheme
1b    Authorize Board to Take Necessary Steps   For       Against    Management
      in Connection with the Grant of Options
      in Item 1a
2a1   Approve Grant of Options to So Kam Wah to For       Against    Management
      Subscribe for Four Million Shares
2a2   Approve Grant of Options to Lee Yuen      For       Against    Management
      Chiu, Andy to Subscribe for Four Million
      Shares
2a3   Approve Grant of Options to Choi Lin Hung For       Against    Management
      to Subscribe for Four Million Shares
2a4   Approve Grant of Options to Lee Chung     For       Against    Management
      Shing to Subscribe for Four Million
      Shares
2a5   Approve Grant of Options to Wong Kam Hoi  For       Against    Management
      to Subscribe for Four Million Shares
2a6   Approve Grant of Options to Sy Wing Shuen For       Against    Management
      to Subscribe for Four Million Shares
2a7   Approve Grant of Options to Wong Bing Koi For       Against    Management
      to Subscribe for Four Million Shares
2a8   Approve Grant of Options to Ku Wai Sun,   For       Against    Management
      Cupid to Subscribe for Four Million
      Shares
2a9   Approve Grant of Options to Ng Ming Wah   For       Against    Management
      to Subscribe for Four Million Shares
2a10  Approve Grant of Options to Ng Tsze Lun   For       Against    Management
      to Subscribe for Four Million Shares
2b    Authorize Board to Take Necessary Steps   For       Against    Management
      in Connection with the Grant of Each of
      the Options
3     Approve Issuance of Shares Pursuant to    For       Against    Management
      the Share Option Scheme
4     Amend Bylaws Re: Voting at General        For       For        Management
      Meetings, Nomination of Directors,
      Material Interest of Directors in
      Contracts Entered into by the Company,
      Destruction of Corporate Documents,
      Distribution of Summary Financial
      Reports, Use of Electronic Communication


--------------------------------------------------------------------------------

VICTORY CITY INTERNATIONALHOLDINGS LTD

Ticker:                      Security ID:  BMG9358Q1463
Meeting Date: SEP 15, 2004   Meeting Type: Annual
Record Date:  SEP 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.045 Per    For       For        Management
      Share by Way of a Scrip Dividend
3a    Reelect Lee Yuen Chiu, Andy as Executive  For       For        Management
      Director
3b    Reelect Kan Ka Hon as Independent         For       For        Management
      Non-Executive Director
3c    Authorize Board to Fix Directors'         For       For        Management
      Remuneration
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5a    Approve Corporate Guarantee for an Amount For       For        Management
      of Up to $5 Million in Favour of Citibank
      N.A. in Respect of Facilities of Up to $5
      Million to be Granted to Ford Glory
      International Limited (Ford Glory)
5b    Approve Corporate Guarantee for an        For       For        Management
      Unlimited Amount in Favour of East Asia
      Heller Limited in Respect of Facilities
      of Up to $4 Million to be Granted to Ford
      Glory
5c    Approve Corporate Guarantee for an Amount For       For        Management
      of Up to $10 Million in Favour of Bank of
      America N.A. in Respect of Facilities of
      Up to $10 Million to be Granted to Ford
      Glory Which are Jointly Available to Ford
      Glory and Victory City Co. Ltd.
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
8     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

VIMPEL COMMUNICATIONS OJSC

Ticker:       VIP            Security ID:  68370R109
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAY 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE 2004 VIMPELCOM ANNUAL     For       Did Not    Management
      REPORT                                              Vote
2     APPROVAL OF VIMPELCOM S ACCOUNTING        For       Did Not    Management
      STATEMENTS, INCLUDING PROFIT AND LOSS               Vote
      STATEMENT FOR 2004
3     ALLOCATION OF PROFITS AND LOSSES, ALL AS  For       Did Not    Management
      MORE FULLY DESCRIBED IN THE NOTICE                  Vote
4     Elect Directors                           None      Did Not    Management
                                                          Vote
5     APPROVAL OF THE AMENDED AND RESTATED      For       Did Not    Management
      PROCEDURAL REGULATIONS OF THE BOARD OF              Vote
      DIRECTORS
6     ELECTION OF THE AUDIT COMMISSION          For       Did Not    Management
                                                          Vote
7     APPROVAL OF EXTERNAL AUDITORS             For       Did Not    Management
                                                          Vote
8     REORGANIZATION OF VIMPELCOM THROUGH       For       Did Not    Management
      STATUTORY MERGER OF CJSC  EXTEL  INTO               Vote
      VIMPELCOM
9     REORGANIZATION OF VIMPELCOM THROUGH       For       Did Not    Management
      STATUTORY MERGER OF CJSC  SOTOVAYA                  Vote
      COMPANY  INTO VIMPELCOM
10    REORGANIZATION OF VIMPELCOM THROUGH       For       Did Not    Management
      STATUTORY MERGER OF CJSC  STAVTELESOT               Vote
      INTO VIMPELCOM
11    REORGANIZATION OF VIMPELCOM THROUGH       For       Did Not    Management
      STATUTORY MERGER OF CJSC  VOSTOK-ZAPAD              Vote
      TELECOM  INTO VIMPELCOM
12    REORGANIZATION OF VIMPELCOM THROUGH       For       Did Not    Management
      STATUTORY MERGER OF OJSC  ORENSOT  INTO             Vote
      VIMPELCOM
13    REORGANIZATION OF VIMPELCOM THROUGH       For       Did Not    Management
      STATUTORY MERGER OF OJSC  BEELINE-SAMARA            Vote
      INTO VIMPELCOM
14    REORGANIZATION OF VIMPELCOM THROUGH       For       Did Not    Management
      STATUTORY MERGER OF OJSC  DAL TELECOM               Vote
      INTERNATIONAL  INTO VIMPELCOM
16    APPROVAL OF THE 2004 VIMPELCOM ANNUAL     None      Did Not    Management
      REPORT                                              Vote
17    APPROVAL OF VIMPELCOM S ACCOUNTING        None      Did Not    Management
      STATEMENTS, INCLUDING PROFIT AND LOSS               Vote
      STATEMENT FOR 2004
18    ALLOCATION OF PROFITS AND LOSSES, ALL AS  None      Did Not    Management
      MORE FULLY DESCRIBED IN THE NOTICE                  Vote
19    Elect Directors                           For       Did Not    Management
                                                          Vote
20    APPROVAL OF THE AMENDED AND RESTATED      None      Did Not    Management
      PROCEDURAL REGULATIONS OF THE BOARD OF              Vote
      DIRECTORS
21    ELECTION OF THE AUDIT COMMISSION          None      Did Not    Management
                                                          Vote
22    APPROVAL OF EXTERNAL AUDITORS             None      Did Not    Management
                                                          Vote
23    REORGANIZATION OF VIMPELCOM THROUGH       None      Did Not    Management
      STATUTORY MERGER OF CJSC  EXTEL  INTO               Vote
      VIMPELCOM
24    REORGANIZATION OF VIMPELCOM THROUGH       None      Did Not    Management
      STATUTORY MERGER OF CJSC  SOTOVAYA                  Vote
      COMPANY  INTO VIMPELCOM
25    REORGANIZATION OF VIMPELCOM THROUGH       None      Did Not    Management
      STATUTORY MERGER OF CJSC  STAVTELESOT               Vote
      INTO VIMPELCOM
26    REORGANIZATION OF VIMPELCOM THROUGH       None      Did Not    Management
      STATUTORY MERGER OF CJSC  VOSTOK-ZAPAD              Vote
      TELECOM  INTO VIMPELCOM
27    REORGANIZATION OF VIMPELCOM THROUGH       None      Did Not    Management
      STATUTORY MERGER OF OJSC  ORENSOT  INTO             Vote
      VIMPELCOM
28    REORGANIZATION OF VIMPELCOM THROUGH       None      Did Not    Management
      STATUTORY MERGER OF OJSC  BEELINE-SAMARA            Vote
      INTO VIMPELCOM
29    REORGANIZATION OF VIMPELCOM THROUGH       None      Did Not    Management
      STATUTORY MERGER OF OJSC  DAL TELECOM               Vote
      INTERNATIONAL  INTO VIMPELCOM
30    APPROVAL OF THE 2004 VIMPELCOM ANNUAL     None      For        Management
      REPORT
31    APPROVAL OF VIMPELCOM S ACCOUNTING        None      For        Management
      STATEMENTS, INCLUDING PROFIT AND LOSS
      STATEMENT FOR 2004
32    ALLOCATION OF PROFITS AND LOSSES, ALL AS  None      For        Management
      MORE FULLY DESCRIBED IN THE NOTICE
33.1  Elect Peter Watson as Director            None      For        Management
33.2  Elect David Haines as Director            None      For        Management
33.3  Elect Alex Sozonoff as Director           None      For        Management
33.4  Elect Natalia Tsukanova as Director       None      Withhold   Management
34    APPROVAL OF THE AMENDED AND RESTATED      None      For        Management
      PROCEDURAL REGULATIONS OF THE BOARD OF
      DIRECTORS
35    ELECTION OF THE AUDIT COMMISSION          None      For        Management
36    APPROVAL OF EXTERNAL AUDITORS             None      For        Management
37    REORGANIZATION OF VIMPELCOM THROUGH       None      For        Management
      STATUTORY MERGER OF CJSC  EXTEL  INTO
      VIMPELCOM
38    REORGANIZATION OF VIMPELCOM THROUGH       None      For        Management
      STATUTORY MERGER OF CJSC  SOTOVAYA
      COMPANY  INTO VIMPELCOM
39    REORGANIZATION OF VIMPELCOM THROUGH       None      For        Management
      STATUTORY MERGER OF CJSC  STAVTELESOT
      INTO VIMPELCOM
40    REORGANIZATION OF VIMPELCOM THROUGH       None      For        Management
      STATUTORY MERGER OF CJSC  VOSTOK-ZAPAD
      TELECOM  INTO VIMPELCOM
41    REORGANIZATION OF VIMPELCOM THROUGH       None      For        Management
      STATUTORY MERGER OF OJSC  ORENSOT  INTO
      VIMPELCOM
42    REORGANIZATION OF VIMPELCOM THROUGH       None      For        Management
      STATUTORY MERGER OF OJSC  BEELINE-SAMARA
      INTO VIMPELCOM
43    REORGANIZATION OF VIMPELCOM THROUGH       None      For        Management
      STATUTORY MERGER OF OJSC  DAL TELECOM
      INTERNATIONAL  INTO VIMPELCOM


--------------------------------------------------------------------------------

VIMPEL COMMUNICATIONS OJSC

Ticker:       VIP            Security ID:  68370R109
Meeting Date: OCT 8, 2004    Meeting Type: Special
Record Date:  AUG 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE AMENDMENT TO THE CHARTER  For       For        Management
      OF VIMPELCOM.


--------------------------------------------------------------------------------

WAL-MART DE MEXICO S.A. DE C.V. (FRMRLY. CIFRA S.A.)

Ticker:                      Security ID:  MXP810081010
Meeting Date: FEB 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Chairman's Report                  For       For        Management
2     Accept Audit Committee's Report           For       For        Management
3     Accept Supervisory Board Report           For       For        Management
4     Accept Financial Statements for Fiscal    For       For        Management
      Year Ended December 2004
5     Present Report on the Share Repurchase    For       For        Management
      Reserves
6     Approve Cancellation of 105.3 Million     For       For        Management
      Company Treasury Shares
7     Approve Allocation of Income              For       For        Management
8     Approve Dividend With Payout of  MXN 0.63 For       For        Management
      Per Share or Stock in the Company Whose
      Value Will Be Determined on The Closing
      Day of March 15, 2005
9     Approve Variable Capital Increase Through For       For        Management
      Issuance of 137.6 Million Common Shares
      To Be Paid Back as Dividends at MXN 0.63
      Per Share; The Targeted Increase in
      Capital is MXN 2.8 Billion
10    Approve Modifications to Article 5 in the For       For        Management
      Bylaws
11    Accept Report Re: Employee Stock Option   For       For        Management
      Plan
12    Accept Report Re: Wal-Mart de Mexico      For       For        Management
      Foundation
13    Approve Discharge of the Board of         For       For        Management
      Directors
14    Elect or Approve Members of the Board of  For       For        Management
      Directors and  Supervisory Board
15    Approve Minutes of Meeting                For       For        Management


--------------------------------------------------------------------------------

WIMM-BILL-DANN FOODS OJSC

Ticker:                      Security ID:  97263M109
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  MAY 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO ELECT NOVGORODOVA TO THE COUNTING      For       For        Management
      COMMITTEE
2     TO ELECT POZDNYAKOV TO THE COUNTING       For       For        Management
      COMMITTEE
3     TO ELECT KOLESNIKOV TO THE COUNTING       For       For        Management
      COMMITTEE
4     TO ELECT SOINTSEVA TO THE COUNTING        For       For        Management
      COMMITTEE
5     TO ELECT TYUSINA TO THE COUNTING          For       For        Management
      COMMITTEE
6     BE IT RESOLVED THAT THE ANNUAL REPORT OF  For       For        Management
      WBD FOODS, PREPARED ON THE BASIS OF
      ACCOUNTING RECORDS FOR 2004, KEPT
      ACCORDING TO RUSSIAN STANDARDS, BE
      APPROVED.
7     BE IT RESOLVED THAT THE ANNUAL FINANCIAL  For       For        Management
      STATEMENTS FOR 2004, INCLUDING THE REPORT
      ON THE PROFITS AND LOSSES, OF WBD FOODS
      BE APPROVED.
8     BE IT RESOLVED THAT THE NET PROFIT        For       For        Management
      REFLECTED IN THE FINANCIAL STATEMENTS FOR
      2004 BE ALLOCATED.
9     BE IT RESOLVED TO APPROVE THE CHANGES     For       Against    Management
      (AMENDMENTS) OF WBD FOODS CHARTER.
10    BE IT RESOLVED TO APPROVE THE BYLAW  ON   For       Against    Management
      GENERAL MEETING OF SHAREHOLDERS AND ITS
      STANDING RULES  IN RESTATED.
11    ERNST AND YOUNG LLC                       For       For        Management
12    SV-AUDIT ZAO                              For       For        Management
13.1  Elect  Director De Selliers               For       For        Management
13.2  Elect  Director Dubinin                   For       For        Management
13.3  Elect  Director O'Neill                   For       For        Management
13.4  Elect  Director Orlov                     For       For        Management
13.5  Elect  Director Plastinin                 For       For        Management
13.6  Elect  Director Tutelyan                  For       For        Management
13.7  Elect  Director Sherbak                   For       For        Management
13.8  Elect  Director Iakobachvili              For       For        Management
13.9  Elect  Director Yasin                     For       For        Management
13.10 Elect  Director Tipton                    For       For        Management
13.11 Elect  Director Yushvaev                  For       For        Management
14    TO ELECT BOGUTSKAYA TO THE COMPANY S      For       For        Management
      COMMISSION.
15    TO ELECT KUZNETSOVA TO THE COMPANY S      For       For        Management
      COMMISSION.
16    TO ELECT KOLESNIKOVA TO THE COMPANY S     For       For        Management
      COMMISSION.
17    TO ELECT NAUMOVA TO THE COMPANY S         For       For        Management
      COMMISSION.
18    TO ELECT ROMANOVA TO THE COMPANY S        For       For        Management
      COMMISSION.
19    TO ELECT SMIMOVA TO THE COMPANY S         For       For        Management
      COMMISSION.
20    TO ELECT CHUDINA TO THE COMPANY S         For       For        Management
      COMMISSION.


--------------------------------------------------------------------------------

WIMM-BILL-DANN FOODS OJSC

Ticker:                      Security ID:  97263M109
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  MAY 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     BE IT RESOLVED THAT WBD FODS              For       For        Management
      PARTICIPATION IN NON-COMMERICAL
      ORGANIZATION  RUSSIAN MARKETING
      ASSOCIATION  BE APPROVED.


--------------------------------------------------------------------------------

WOORI INVESTMENT & SECURITIES CO. (FORMERLY LG INVESTMENT & SECURITIES CO.)

Ticker:                      Security ID:  KR7005940002
Meeting Date: JAN 21, 2005   Meeting Type: Special
Record Date:  DEC 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors                           For       Did Not    Management
                                                          Vote
2     Elect Members of Audit Committee Who Are  For       Did Not    Management
      Outside Directors                                   Vote


--------------------------------------------------------------------------------

WOORI INVESTMENT & SECURITIES CO. (FORMERLY LG INVESTMENT & SECURITIES CO.)

Ticker:                      Security ID:  KR7005940002
Meeting Date: MAR 10, 2005   Meeting Type: Special
Record Date:  FEB 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement with Woori       For       For        Management
      Securities
2     Approve Conversion of Woori Securities    For       For        Management
      Stock Options to Options over Shares in
      LG Investment & Securities
3     Elect Director                            For       For        Management


--------------------------------------------------------------------------------

WOORI INVESTMENT & SECURITIES CO. (FORMERLY LG INVESTMENT & SECURITIES CO.)

Ticker:                      Security ID:  KR7005940002
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 250 Per Common Share
2     Amend Articles of Incorporation to Expand For       Against    Management
      Business Objectives, Increase Issuance
      Limits on Employee Stock Options, and
      Extend Board Meeting Notice Period
3     Elect A Director                          For       For        Management
4     Elect An inside Director For A Member of  For       Against    Management
      Audit Committee
5     Elect Outside Directors For Members of    For       For        Management
      Audit Committee
6     Approve Limit on Remuneration of          For       For        Management
      Directors


--------------------------------------------------------------------------------

WUMART STORES INC

Ticker:                      Security ID:  CN0005900757
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Profit Distribution Proposal       For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Reappoint Deloitte Touche Tohmatsu CPA    For       For        Management
      Ltd. and Deloitte Touche Tohmatsu as
      Domestic and International Auditors and
      Authorize Board to Fix Their Remuneration
6     Approve Increase in the Salary of Each of For       For        Management
      the Independent Non-Executive Directors
      to RMB60,000 Per Year
7     Approve Acquisition of the Entire         For       For        Management
      Business Operations and Assets of Beijing
      Hypermarket's Huixin Store from Beijing
      Wumart Hypermarket Commerce Co. Ltd.
1     Approve Issuance of H Shares without      For       Against    Management
      Preemptive Rights
1     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

WUMART STORES INC

Ticker:                      Security ID:  CN0005900757
Meeting Date: DEC 30, 2004   Meeting Type: Special
Record Date:  DEC 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve New Mandate for the Issuance of   For       Against    Management
      Equity or Equity-Linked Securities
      without Preemptive Rights


--------------------------------------------------------------------------------

WUMART STORES INC

Ticker:                      Security ID:  CN0005900757
Meeting Date: DEC 30, 2004   Meeting Type: Special
Record Date:  DEC 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Connected Transaction with a      For       For        Management
      Related Party and Annual Caps
2     Approve Connected Transaction with a      For       For        Management
      Related Party and Annual Caps
3     Approve Connected Transaction with a      For       For        Management
      Related Party and Annual Caps
4     Approve New Mandate for the Issuance of   For       Against    Management
      Equity or Equity-Linked Securities
      without Preemptive Rights


--------------------------------------------------------------------------------

WUMART STORES INC

Ticker:                      Security ID:  CN0005900757
Meeting Date: SEP 24, 2004   Meeting Type: Special
Record Date:  SEP 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Li Lu-an as an Independent          For       For        Management
      Non-Executive Director and Authorize
      Board to Fix His Remuneration
2     Elect Lu Jiang as an Independent          For       For        Management
      Non-Executive Director and Authorize
      Board to Fix His Remuneration
3     Approve Connected Transaction with a      For       For        Management
      Related Party
4     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights


--------------------------------------------------------------------------------

WUMART STORES INC

Ticker:                      Security ID:  CN0005900757
Meeting Date: SEP 24, 2004   Meeting Type: Special
Record Date:  SEP 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights


--------------------------------------------------------------------------------

YA HSIN INDUSTRIAL CO LTD

Ticker:                      Security ID:  TW0002418001
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2004
2     Receive Supervisors' Report               None      None       Management
3     Receive Report on the Execution of        None      None       Management
      Treasury Shares
4     Receive Report on Issuance of Unsecured   None      None       Management
      Corporate Bonds
5     Accept Financial Statements and Statutory For       For        Management
      Reports
6     Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1.50 per Share and Stock
      Dividend of 100 per 1,000 Shares
7     Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
8     Amend Articles of Association             For       For        Management
9     Other Business                            For       For        Management


--------------------------------------------------------------------------------

YANZHOU COAL MINING COMPANY LIMITED

Ticker:                      Security ID:  CN0009131243
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAY 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Working Report of the Board of     For       For        Management
      Directors
2     Accept Working Report of the Supervisory  For       For        Management
      Committee
3     Accept Financial Statements               For       For        Management
4     Approve Remuneration of Directors and     For       For        Management
      Supervisors for 2005
5     Approve Anticipated Amount of Sale of     For       Against    Management
      Products and Commodities of the Company
      for 2005
6     Approve Proposed Profit Distribution Plan For       For        Management
      Including the Final Dividend Distribution
      Plan and Issue of Bonus Shares on the
      Basis of Six Bonus Shares for Every 10
      Existing Shares
7     Amend Articles of Association             For       For        Management
8     Ratify and Confirm the Directors of the   For       For        Management
      Second Session of the Board and
      Supervisors of the Second Session of the
      Supervisory Committee to Continue
      Carrying Out Their Duties as Directors
      and Supervisors
9a    Elect Wang Xin as Director                For       Against    Management
9b    Elect Geng Jiahuai as Director            For       Against    Management
9c    Elect Yang Deyu as Director               For       For        Management
9d    Elect Shi Xuerang as Director             For       Against    Management
9e    Elect Chen Changchun as Director          For       Against    Management
9f    Elect Wu Yuxiang as Director              For       For        Management
9g    Elect Wang Xinkun as Director             For       For        Management
9h    Elect Chen Guangshi as Director           For       For        Management
9i    Elect Dong Yunqing as Director            For       Against    Management
10a   Elect Pu Hongjiu as Independent           For       For        Management
      Non-Executive Director
10b   Elect Cui Jianmin as Independent          For       For        Management
      Non-Executive Director
10c   Elect Wang Xiaojun as Independent         For       For        Management
      Non-Executive Director
10d   Elect Wang Quanxi as Independent          For       For        Management
      Non-Executive Director
11a   Elect Meng Xianchang as Supervisor (Not   For       For        Management
      Representing Employees)
11b   Elect Song Guo as Supervisor (Not         For       For        Management
      Representing Employees)
11c   Elect Zhang Shengdong as Supervisor (Not  For       For        Management
      Representing Employees)
11d   Elect Liu Weixin as Supervisor (Not       For       For        Management
      Representing Employees)
12    Adopt the Rules of Procedure for          For       For        Management
      Shareholders Meeting of Yanzhou Coal
      Mining Co. Ltd.
13    Adopt the Rules of Procedure for Board of For       For        Management
      Directors of Yanzhou Coal Mining Co. Ltd.
14    Adopt the Rules of Procedure for          For       For        Management
      Supervisory Committee of Yanzhou Coal
      Mining Co. Ltd.
15    Adopt the Management Measures for the     For       For        Management
      Directors Decision Making Risk Fund of
      Yanzhou Coal Mining Co. Ltd.
16    Approve Deloitte Touche Tohmatsu (CPAs in For       For        Management
      Hong Kong) and Deloitte Touche Tohmatsu
      CPAs Ltd. (CPAs in PRC) as International
      and Domestic Auditors Respectively and
      Fix Their Remuneration
17    Approve Issuance of Additional H Shares   For       Against    Management
      without Preemptive Rights


--------------------------------------------------------------------------------

YAPI VE KREDI BANKASI AS

Ticker:                      Security ID:  TRAYKBNK91N6
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
5     Elect Directors and Determine Their Terms For       Did Not    Management
      of Office                                           Vote
6     Elect Internal Auditors and Determine     For       Did Not    Management
      Their Terms of Office                               Vote
7     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
8     Approve Initiation of Legal Proceedings   For       Did Not    Management
      Against Two Former Directors                        Vote
9     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
10    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
11    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
12    Wishes                                    None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

YTL CORPORATION BERHAD

Ticker:                      Security ID:  MYL4677OO000
Meeting Date: DEC 9, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended June
      30, 2004
2     Approve First and Final Dividend of 15    For       Against    Management
      percent for the Financial Year Ended June
      30, 2004
3     Elect Francis Yeoh Sock Ping as Director  For       For        Management
4     Elect Yeoh Seok Kian as Director          For       Against    Management
5     Elect Mark Yeoh Seok Kah as Director      For       For        Management
6     Elect Cheong Keap Tai as Director         For       For        Management
7     Elect Yeoh Tiong Lay as Director          For       Against    Management
8     Elect Yahya Bin Ismail as Director        For       Against    Management
9     Elect Haron Bin Mohd Taib as Director     For       For        Management
10    Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR240,000 for the Financial
      Year Ended June 30, 2004
11    Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
12    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
13    Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
14    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions


--------------------------------------------------------------------------------

YUKOS OIL COMPANY

Ticker:                      Security ID:  US98849W1080
Meeting Date: DEC 20, 2004   Meeting Type: Special
Record Date:  NOV 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO LIQUIDATE VOLUNTARILY THE JOINT-STOCK  For       Did Not    Management
      COMPANY  YUKOS OIL COMPANY , APPROVE A              Vote
      PROCEDURE AND TIMELINE FOR THE
      LIQUIDATION AND TO APPOINT, DELEGATE AND
      INSTRUCT A LIQUIDATOR AND LIQUIDATION
      COMMISSION
2     TO FILE FOR YUKOS OIL COMPANY INSOLVENCY  For       Did Not    Management
      WITH THE COURT OF ARBITRATION AND TO                Vote
      INSTRUCT THE MANAGING ENTITY YUKOS-MOSCOW
      TO FILE FOR INSOLVENCY WITH THE COURT OF
      ARBITRATION NO LATER THAN 1 (ONE) MONTH
      AFTER TAKING THIS DECISION




============ MORGAN STANLEY INSTITUTIONAL FUND INC. - EQUITY GROWTH ============
============                       PORTFOLIO                        ============


ADOBE SYSTEMS INC.

Ticker:       ADBE           Security ID:  00724F101
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Carol Mills               For       For        Management
1.2   Elect  Director Colleen M. Pouliot        For       For        Management
1.3   Elect  Director Robert Sedgewick          For       For        Management
1.4   Elect  Director John E. Warnock           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Expense Stock Options                     Against   For        Shareholder
5     Review/Limit Executive Compensation       Against   Against    Shareholder
6     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ALCON INC.

Ticker:       ACL            Security ID:  H01301102
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE 2004 ANNUAL REPORT AND    For       For        Management
      ACCOUNTS OF ALCON, INC. AND THE 2004
      CONSOLIDATED FINANCIAL STATEMENTS OF
      ALCON, INC. AND SUBSIDIARIES
2     APPROPRIATION OF AVAILABLE EARNINGS AND   For       For        Management
      PROPOSED DIVIDEND TO SHAREHOLDERS FOR THE
      FINANCIAL YEAR 2004
3     DISCHARGE OF THE MEMBERS OF THE BOARD OF  For       For        Management
      DIRECTORS
4     ELECTION TO THE BOARD OF DIRECTORS OF:    For       For        Management
      THOMAS G. PLASKETT
5     ELECTION TO THE BOARD OF DIRECTORS OF:    For       For        Management
      WOLFGANG H. REICHENBERGER
6     ELECTION TO THE BOARD OF DIRECTORS OF:    For       For        Management
      CARY RAYMENT
7     ELECTION OF KPMG KLYNVELD PEAT MARWICK    For       For        Management
      GOERDELER SA, ZURICH, AS GROUP AND PARENT
      COMPANY AUDITORS
8     ELECTION OF ZENSOR REVISIONS AG, ZUG, AS  For       For        Management
      SPECIAL AUDITORS


--------------------------------------------------------------------------------

ALTRIA GROUP, INC.

Ticker:       MO             Security ID:  02209S103
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director  Elizabeth E. Bailey       For       For        Management
1.2   Elect Director Harold Brown               For       For        Management
1.3   Elect Director Mathis Cabiallavetta       For       For        Management
1.4   Elect Director Louis C. Camilleri         For       For        Management
1.5   Elect Director J. Dudley Fishburn         For       For        Management
1.6   Elect Director Robert E. R. Huntley       For       For        Management
1.7   Elect Director Thomas W. Jones            For       Withhold   Management
1.8   Elect Director George Munoz               For       For        Management
1.9   Elect Director Lucio A. Noto              For       For        Management
1.10  Elect Director John S. Reed               For       For        Management
1.11  Elect Director Carlos Slim Helu           For       For        Management
1.12  Elect Director Stephen M. Wolf            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management
5     Eliminate Animal Testing                  Against   Against    Shareholder
6     Product Warnings for Pregnant Women       Against   Against    Shareholder
7     Cease Use of Light and Ultra Light in     Against   Against    Shareholder
      Cigarette Marketing
8     Apply Fire Safety Standards for           Against   Against    Shareholder
      Cigarettes


--------------------------------------------------------------------------------

AMAZON.COM, INC.

Ticker:       AMZN           Security ID:  023135106
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jeffrey P. Bezos          For       For        Management
1.2   Elect  Director Tom A. Alberg             For       For        Management
1.3   Elect  Director John Seely Brown          For       For        Management
1.4   Elect  Director L. John Doerr             For       For        Management
1.5   Elect  Director William B. Gordon         For       For        Management
1.6   Elect  Director Myrtle S. Potter          For       For        Management
1.7   Elect  Director Thomas O. Ryder           For       For        Management
1.8   Elect  Director Patricia Q. Stonesifer    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

AMERITRADE HOLDINGS CORP.

Ticker:       AMTD           Security ID:  03074K100
Meeting Date: FEB 16, 2005   Meeting Type: Annual
Record Date:  DEC 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director J. Joe  Ricketts           For       For        Management
1.2   Elect Director Dan W. Cook III            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

APPLE COMPUTER, INC.

Ticker:       AAPL           Security ID:  037833100
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Fred D. Anderson          For       For        Management
1.2   Elect  Director William V. Campbell       For       For        Management
1.3   Elect  Director Millard S. Drexler        For       For        Management
1.4   Elect  Director Albert A. Gore, Jr.       For       For        Management
1.5   Elect  Director Steven P. Jobs            For       For        Management
1.6   Elect  Director Arthur D. Levinson        For       For        Management
1.7   Elect  Director Jerome B. York            For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
5     Ratify Auditors                           For       For        Management
6     Performance- Based/Indexed Options        Against   Against    Shareholder


--------------------------------------------------------------------------------

BED BATH & BEYOND INC.

Ticker:       BBBY           Security ID:  075896100
Meeting Date: JUL 1, 2004    Meeting Type: Annual
Record Date:  MAY 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Warren Eisenberg          For       For        Management
1.2   Elect  Director Victoria A. Morrison      For       For        Management
1.3   Elect  Director Stanley Barshay           For       For        Management
1.4   Elect  Director Fran Stoller              For       For        Management
1.5   Elect  Director Jordan Heller             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Glass Ceiling                             Against   Against    Shareholder
5     Adopt Retention Ratio for Executives      Against   Against    Shareholder


--------------------------------------------------------------------------------

BERKSHIRE HATHAWAY INC.

Ticker:       BRK.A          Security ID:  084670207
Meeting Date: APR 30, 2005   Meeting Type: Annual
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Warren E. Buffett         For       For        Management
1.2   Elect  Director Charles T. Munger         For       For        Management
1.3   Elect  Director Howard G. Buffett         For       For        Management
1.4   Elect  Director Malcolm G. Chace          For       For        Management
1.5   Elect  Director William H. Gates III      For       For        Management
1.6   Elect  Director David S. Gottesman        For       For        Management
1.7   Elect  Director Charlotte Guyman          For       For        Management
1.8   Elect  Director Donald R. Keough          For       For        Management
1.9   Elect  Director Thomas S. Murphy          For       For        Management
1.10  Elect  Director Ronald L. Olson           For       For        Management
1.11  Elect  Director Walter Scott, Jr.         For       For        Management
2     Amend Articles                            For       For        Management
3     Amend Articles                            For       For        Management


--------------------------------------------------------------------------------

BRASCAN CORP (FORMERLY EDPERBRASCAN CORP.)

Ticker:       BNN.LV.A       Security ID:  10549P606
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Decrease in Size of Board         For       For        Management
2.1   Elect Director William A. Dimma           For       For        Management
2.2   Elect Director Lance Liebman              For       For        Management
2.3   Elect Director Philip B. Lind             For       For        Management
2.4   Elect Director Roy MacLaren               For       For        Management
2.5   Elect Director G. Wallace F. McCain       For       For        Management
2.6   Elect Director Jack M. Mintz              For       For        Management
2.7   Elect Director George S. Taylor           For       For        Management
3     Approve Deloitte & Touche as Auditors and For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors


--------------------------------------------------------------------------------

C.H. ROBINSON WORLDWIDE, INC.

Ticker:       CHRW           Security ID:  12541W100
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert Ezrilov            For       For        Management
1.2   Elect  Director Wayne M. Fortun           For       For        Management
1.3   Elect  Director Brian P. Short            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

CAMECO CORP.

Ticker:       CCO.           Security ID:  13321L108
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John S. Auston             For       For        Management
1.2   Elect Director Joe F. Colvin              For       For        Management
1.3   Elect Director Harry D. Cook              For       For        Management
1.4   Elect Director James R. Curtiss           For       For        Management
1.5   Elect Director George S. Dembroski        For       For        Management
1.6   Elect Director Gerald W. Grandey          For       For        Management
1.7   Elect Director Nancy E. Hopkins           For       For        Management
1.8   Elect Director Oyvind Hushovd             For       For        Management
1.9   Elect Director J.W. George Ivany          For       For        Management
1.10  Elect Director A. Neil McMillan           For       For        Management
1.11  Elect Director Robert W. Peterson         For       For        Management
1.12  Elect Director Victor J. Zaleschuk        For       For        Management
2     Ratify KPMG LLP as Auditors               For       For        Management
3     The Undersigned Holder of Record of       None      Abstain    Management
      Shares Declares that all Shares are Held,
      Beneficially owned or Controlled by One
      or More Canadian Residents (Residents
      mark the FOR Box; One or more
      Non-Residents mark the ABSTAIN box)
4     The Undersigned Holder of Shares Declares None      Abstain    Management
      that the Undersigned is a Canadian
      Resident (Residents mark the FOR Box;
      Non-Residents mark the ABSTAIN  Box)


--------------------------------------------------------------------------------

CARNIVAL CORP.

Ticker:       CCL            Security ID:  143658300
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:  FEB 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Micky Arison              For       For        Management
1.2   Elect  Director Amb Richard G. Capen Jr   For       For        Management
1.3   Elect  Director Robert H. Dickinson       For       For        Management
1.4   Elect  Director Arnold W. Donald          For       For        Management
1.5   Elect  Director Pier Luigi Foschi         For       For        Management
1.6   Elect  Director Howard S. Frank           For       For        Management
1.7   Elect  Director Richard J. Glasier        For       For        Management
1.8   Elect  Director Baroness Hogg             For       For        Management
1.9   Elect  Director A. Kirk Lanterman         For       For        Management
1.10  Elect  Director Modesto A. Maidique       For       For        Management
1.11  Elect  Director John P. Mcnulty           For       For        Management
1.12  Elect  Director Sir John Parker           For       For        Management
1.13  Elect  Director Peter G. Ratcliffe        For       For        Management
1.14  Elect  Director Stuart Subotnick          For       For        Management
1.15  Elect  Director Uzi Zucker                For       For        Management
2     TO APPROVE THE AMENDED AND RESTATED       For       For        Management
      CARNIVAL CORPORATION 2001 OUTSIDE
      DIRECTOR STOCK PLAN.
3     TO APPROVE THE CARNIVAL PLC 2005 EMPLOYEE For       For        Management
      SHARE PLAN.
4     TO APPROVE THE CARNIVAL PLC 2005 EMPLOYEE For       For        Management
      STOCK PURCHASE PLAN.
5     Ratify Auditors                           For       For        Management
6     TO AUTHORIZE THE AUDIT COMMITTEE OF       For       For        Management
      CARNIVAL PLC TO AGREE THE REMUNERATION OF
      THE INDEPENDENT AUDITORS.
7     TO RECEIVE THE ACCOUNTS AND REPORTS FOR   For       For        Management
      CARNIVAL PLC FOR THE FINANCIAL YEAR ENDED
      NOVEMBER 30, 2004.
8     TO APPROVE THE DIRECTORS  REMUNERATION    For       For        Management
      REPORT OF CARNIVAL PLC.
9     TO APPROVE LIMITS ON THE AUTHORITY TO     For       For        Management
      ALLOT SHARES BY CARNIVAL PLC.
10    TO APPROVE THE DISAPPLICATION OF          For       For        Management
      PRE-EMPTION RIGHTS FOR CARNIVAL PLC.
11    TO APPROVE A GENERAL AUTHORITY FOR        For       For        Management
      CARNIVAL PLC TO BUY BACK CARNIVAL PLC
      ORDINARY SHARES IN THE OPEN MARKET.


--------------------------------------------------------------------------------

CHICO

Ticker:       CHS            Security ID:  168615102
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Marvin J. Gralnick        For       Withhold   Management
1.2   Elect  Director John W. Burden, III       For       Withhold   Management
1.3   Elect  Director Stewart P. Mitchell       For       For        Management
1.4   Elect  Director David F. Walker           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CHOICEPOINT INC.

Ticker:       CPS            Security ID:  170388102
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ray M. Robinson           For       For        Management
1.2   Elect  Director John J. Hamre             For       For        Management
1.3   Elect  Director John B. McCoy             For       For        Management
1.4   Elect  Director Terrence Murray           For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CISCO SYSTEMS, INC.

Ticker:       CSCO           Security ID:  17275R102
Meeting Date: NOV 18, 2004   Meeting Type: Annual
Record Date:  SEP 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Carol A. Bartz            For       For        Management
1.2   Elect  Director M. Michele Burns          For       For        Management
1.3   Elect  Director Larry R. Carter           For       For        Management
1.4   Elect  Director John T. Chambers          For       For        Management
1.5   Elect  Director Dr. James F. Gibbons      For       For        Management
1.6   Elect  Director Dr. John L. Hennessy      For       For        Management
1.7   Elect  Director Roderick C. McGeary       For       For        Management
1.8   Elect  Director James C. Morgan           For       For        Management
1.9   Elect  Director John P. Morgridge         For       For        Management
1.10  Elect  Director Donald T. Valentine       For       For        Management
1.11  Elect  Director Steven M. West            For       For        Management
1.12  Elect  Director Jerry Yang                For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Pay Disparity                   Against   Against    Shareholder


--------------------------------------------------------------------------------

CITIGROUP INC.

Ticker:       C              Security ID:  172967101
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  FEB 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director C. Michael Armstrong      For       For        Management
1.2   Elect  Director Alain J.P. Belda          For       For        Management
1.3   Elect  Director George David              For       For        Management
1.4   Elect  Director Kenneth T. Derr           For       For        Management
1.5   Elect  Director John M. Deutch            For       For        Management
1.6   Elect  Director Roberto Hernandez Ramirez For       For        Management
1.7   Elect  Director Ann Dibble Jordan         For       For        Management
1.8   Elect  Director Klaus Kleinfeld           For       For        Management
1.9   Elect  Director Dudley C. Mecum           For       For        Management
1.10  Elect  Director Anne Mulcahy              For       For        Management
1.11  Elect  Director Richard D. Parsons        For       For        Management
1.12  Elect  Director Charles Prince            For       For        Management
1.13  Elect  Director Judith Rodin              For       For        Management
1.14  Elect  Director Robert E. Rubin           For       For        Management
1.15  Elect  Director Franklin A. Thomas        For       For        Management
1.16  Elect  Director Sanford I. Weill          For       For        Management
1.17  Elect  Director Robert B. Willumstad      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Limit/Prohibit Awards to Executives       Against   Against    Shareholder
5     Report on Political Contributions         Against   Against    Shareholder
6     Prohibit Chairman From Management Duties, Against   For        Shareholder
      Titles or Responsibilities
7     Limit Executive Compensation              Against   Against    Shareholder
8     Require a Majority Vote for the Election  Against   For        Shareholder
      of Directors
9     Review/Limit Executive Compensation       Against   Against    Shareholder
10    Adopt Simple Majority Vote                Against   For        Shareholder


--------------------------------------------------------------------------------

COACH, INC.

Ticker:       COH            Security ID:  189754104
Meeting Date: NOV 3, 2004    Meeting Type: Annual
Record Date:  SEP 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joseph Ellis              For       For        Management
1.2   Elect  Director Lew Frankfort             For       For        Management
1.3   Elect  Director Sally Frame Kasaks        For       For        Management
1.4   Elect  Director Gary Loveman              For       For        Management
1.5   Elect  Director Irene Miller              For       For        Management
1.6   Elect  Director Keith Monda               For       For        Management
1.7   Elect  Director Michael Murphy            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

COSTCO WHOLESALE CORPORATION

Ticker:       COST           Security ID:  22160K105
Meeting Date: JAN 27, 2005   Meeting Type: Annual
Record Date:  DEC 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard D. Dicerchio      For       Withhold   Management
1.2   Elect  Director Richard M. Libenson       For       Withhold   Management
1.3   Elect  Director John W. Meisenbach        For       Withhold   Management
1.4   Elect  Director Charles T. Munger         For       Withhold   Management
1.5   Elect  Director Susan L. Decker           For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Adopt Vendor Standards                    Against   Against    Shareholder
4     Develop Land Procurement Policy           Against   Against    Shareholder
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CROWN CASTLE INTERNATIONAL CORP.

Ticker:       CCI            Security ID:  228227104
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dale N. Hatfield          For       For        Management
1.2   Elect  Director Lee W. Hogan              For       For        Management
1.3   Elect  Director Robert F. McKenzie        For       For        Management
1.4   Elect  Director Robert E. Garrison, II    For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DELL INC.

Ticker:       DELL           Security ID:  24702R101
Meeting Date: JUL 16, 2004   Meeting Type: Annual
Record Date:  MAY 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Donald J. Carty           For       For        Management
1.2   Elect  Director Michael S. Dell           For       For        Management
1.3   Elect  Director William H. Gray, III      For       For        Management
1.4   Elect  Director Judy C. Lewent            For       For        Management
1.5   Elect  Director Thomas W. Luce, III       For       For        Management
1.6   Elect  Director Klaus S. Luft             For       For        Management
1.7   Elect  Director Alex J. Mandl             For       For        Management
1.8   Elect  Director Michael A. Miles          For       For        Management
1.9   Elect  Director Samuel A. Nunn, Jr.       For       For        Management
1.10  Elect  Director Kevin B. Rollins          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder


--------------------------------------------------------------------------------

EBAY INC.

Ticker:       EBAY           Security ID:  278642103
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Fred D. Anderson          For       For        Management
1.2   Elect  Director Edward W. Barnholt        For       For        Management
1.3   Elect  Director Scott D. Cook             For       For        Management
1.4   Elect  Director Robert C. Kagle           For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Ratify Auditors                           For       For        Management
5     Performance- Based/Indexed Options        Against   Against    Shareholder
6     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

FIRST DATA CORP.

Ticker:       FDC            Security ID:  319963104
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Alison Davis               For       For        Management
1.2   Elect Director James D. Robinson III      For       For        Management
1.3   Elect Director Bernard L. Schwartz        For       For        Management
1.4   Elect Director Arthur F. Weinbach         For       For        Management
2     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Ratify Auditors                           For       For        Management
5     Report on Outsourcing                     Against   Against    Shareholder
6     Amend Director/Officer                    Against   Against    Shareholder
      Liability/Indemnifications Provisions


--------------------------------------------------------------------------------

FOREST LABORATORIES, INC.

Ticker:       FRX            Security ID:  345838106
Meeting Date: AUG 11, 2004   Meeting Type: Annual
Record Date:  JUN 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Howard Solomon            For       For        Management
1.2   Elect  Director William J. Candee, III    For       For        Management
1.3   Elect  Director George S. Cohan           For       For        Management
1.4   Elect  Director Dan L. Goldwasser         For       For        Management
1.5   Elect  Director Lester B. Salans          For       For        Management
1.6   Elect  Director Kenneth E. Goodman        For       For        Management
1.7   Elect  Director Phillip M. Satow          For       Withhold   Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Stock Option Plan                 For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FRANKLIN RESOURCES, INC.

Ticker:       BEN            Security ID:  354613101
Meeting Date: JAN 25, 2005   Meeting Type: Annual
Record Date:  NOV 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Samuel H. Armacost        For       For        Management
1.2   Elect  Director Harmon E. Burns           For       For        Management
1.3   Elect  Director Charles Crocker           For       For        Management
1.4   Elect  Director Robert D. Joffe           For       For        Management
1.5   Elect  Director Charles B. Johnson        For       For        Management
1.6   Elect  Director Rupert H. Johnson, Jr.    For       For        Management
1.7   Elect  Director Thomas H. Kean            For       For        Management
1.8   Elect  Director Chutta Ratnathicam        For       For        Management
1.9   Elect  Director Peter M. Sacerdote        For       For        Management
1.10  Elect  Director Anne M. Tatlock           For       For        Management
1.11  Elect  Director Louis E. Woodworth        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

GENENTECH, INC.

Ticker:       DNA            Security ID:  368710406
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:  FEB 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Herbert W. Boyer          For       Withhold   Management
1.2   Elect  Director William M. Burns          For       Withhold   Management
1.3   Elect  Director Erich Hunziker            For       Withhold   Management
1.4   Elect  Director Jonathan K.C. Knowles     For       Withhold   Management
1.5   Elect  Director Arthur D. Levinson        For       Withhold   Management
1.6   Elect  Director Charles A. Sanders        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GETTY IMAGES, INC.

Ticker:       GYI            Security ID:  374276103
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Christopher H. Sporborg   For       For        Management
1.2   Elect  Director Mark H. Getty             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

GILLETTE CO., THE

Ticker:       G              Security ID:  375766102
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael B. Gifford        For       For        Management
1.2   Elect  Director Ray J. Groves             For       For        Management
1.3   Elect  Director Fred H. Langhammer        For       Withhold   Management
1.4   Elect  Director Marjorie M. Yang          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GOOGLE INC

Ticker:       GOOG           Security ID:  38259P508
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eric Schmidt              For       For        Management
1.2   Elect  Director Larry Page                For       For        Management
1.3   Elect  Director Sergey Brin               For       For        Management
1.4   Elect  Director L. John Doerr             For       Withhold   Management
1.5   Elect  Director John L. Hennessy          For       For        Management
1.6   Elect  Director Arthur D. Levinson        For       For        Management
1.7   Elect  Director Michael Moritz            For       For        Management
1.8   Elect  Director Paul S. Otellini          For       For        Management
1.9   Elect  Director K. Ram Shriram            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       Against    Management


--------------------------------------------------------------------------------

GTECH HOLDINGS CORP.

Ticker:       GTK            Security ID:  400518106
Meeting Date: AUG 2, 2004    Meeting Type: Annual
Record Date:  JUN 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Christine M. Cournoyer    For       For        Management
1.2   Elect  Director Robert M. Dewey, Jr.      For       For        Management
1.3   Elect  Director Philip R. Lochner, Jr.    For       For        Management
2     Approve Employee Stock Purchase Plan      For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

HOME DEPOT, INC. (THE)

Ticker:       HD             Security ID:  437076102
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gregory D. Brenneman      For       For        Management
1.2   Elect  Director Richard H. Brown          For       For        Management
1.3   Elect  Director John L. Clendenin         For       For        Management
1.4   Elect  Director Berry R. Cox              For       For        Management
1.5   Elect  Director Claudio X. Gonzalez       For       Withhold   Management
1.6   Elect  Director Milledge A. Hart, III     For       For        Management
1.7   Elect  Director Bonnie G. Hill            For       For        Management
1.8   Elect  Director Laban P. Jackson, Jr.     For       For        Management
1.9   Elect  Director Lawrence R. Johnston      For       For        Management
1.10  Elect  Director Kenneth G. Langone        For       For        Management
1.11  Elect  Director Robert L. Nardelli        For       For        Management
1.12  Elect  Director Thomas J. Ridge           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Nomination Procedures for the Board For       Against    Management
4     Approve Omnibus Stock Plan                For       For        Management
5     Prepare Diversity Report                  Against   Against    Shareholder
6     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
7     Limit Executive Compensation              Against   Against    Shareholder
8     Submit Severance Agreement                Against   Against    Shareholder
      (Change-in-Control) to Shareholder Vote
9     Performance- Based/Indexed Options        Against   Against    Shareholder
10    Performance- Based/Indexed Options        Against   Against    Shareholder
11    Affirm Political Nonpartisanship          Against   Against    Shareholder


--------------------------------------------------------------------------------

INFOSYS TECHNOLOGIES LTD

Ticker:                      Security ID:  456788108
Meeting Date: DEC 18, 2004   Meeting Type: Special
Record Date:  NOV 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO AUTHORIZE THE BOARD OF DIRECTORS TO    For       For        Management
      SPONSOR AN ISSUE OF AMERICAN DEPOSITARY
      SHARES AGAINST EXISTING EQUITY SHARES.
2     TO AUTHORIZE THE COMPANY TO ISSUE         For       For        Management
      DEPOSITARY RECEIPTS.
3     TO AUTHORIZE THE BOARD AND OFFICERS IN    For       For        Management
      CONNECTION WITH THE EARLIER RESOLUTIONS.
4     TO AUTHORIZE THE UNDERWRITERS TO          For       For        Management
      DETERMINE THE PRICE OF THE SPONSORED ADS
      OFFERING.
5     TO AUTHORIZE THE BOARD TO DETERMINE THE   For       For        Management
      TERMS AND CONDITIONS.
6     TO AUTHORIZE THE BOARD OF DIRECTORS TO    For       For        Management
      DELEGATE ITS POWERS.


--------------------------------------------------------------------------------

INFOSYS TECHNOLOGIES LTD

Ticker:                      Security ID:  456788108
Meeting Date: JUN 11, 2005   Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE, CONSIDER AND ADOPT THE        For       For        Management
      BALANCE SHEET AND THE PROFIT & LOSS
      ACCOUNT AND THE REPORT OF THE DIRECTORS.
2     TO DECLARE A FINAL DIVIDEND.              For       For        Management
3     TO APPOINT A DIRECTOR IN PLACE OF MR. N.R For       For        Management
      NARAYANA MURTHY, WHO RETIRES BY ROTATION
      AND OFFERS HIMSELF FOR RE-ELECTION.
4     TO APPOINT A DIRECTOR IN PLACE OF MR.     For       For        Management
      NANDAN M. NILEKANI, WHO RETIRES BY
      ROTATION AND OFFERS HIMSELF FOR
      RE-ELECTION.
5     TO APPOINT A DIRECTOR IN PLACE OF MR. K.  For       For        Management
      DINESH, WHO RETIRES BY ROTATION AND
      OFFERS HIMSELF FOR RE-ELECTION.
6     TO APPOINT A DIRECTOR IN PLACE OF MR.     For       For        Management
      CLAUDE SMADJA, WHO RETIRES BY ROTATION
      AND OFFERS HIMSELF FOR RE-ELECTION.
7     TO RESOLVE NOT TO FILL THE VACANCY FOR    For       For        Management
      THE TIME BEING IN THE BOARD, DUE TO THE
      RETIREMENT OF MR. PHILIP YEO.
8     Ratify Auditors                           For       For        Management
9     TO APPROVE THE RE-APPOINTMENT OF MR. T.V. For       For        Management
      MOHANDAS PAI AS DIRECTOR IN THE
      WHOLE-TIME EMPLOYMENT OF THE COMPANY.
10    TO APPROVE THE RE-APPOINTMENT OF MR.      For       For        Management
      SRINATH BATNI AS DIRECTOR IN THE
      WHOLE-TIME EMPLOYMENT OF THE COMPANY.
11    TO APPROVE KEEPING OF REGISTER OF         For       For        Management
      MEMBERS, INDEX OF MEMBERS, RETURNS AND
      COPIES OF CERTIFICATES AND DOCUMENTS IN
      THE OFFICE OF KARVY COMPUTERSHARE PRIVATE
      LIMITED, THE COMPANY S REGISTRAR AND
      SHARE TRANSFER AGENTS.


--------------------------------------------------------------------------------

INTERNATIONAL GAME TECHNOLOGY

Ticker:       IGT            Security ID:  459902102
Meeting Date: MAR 1, 2005    Meeting Type: Annual
Record Date:  JAN 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Neil Barsky               For       For        Management
1.2   Elect  Director Robert A. Bittman         For       For        Management
1.3   Elect  Director Richard R. Burt           For       For        Management
1.4   Elect  Director Leslie S. Heisz           For       For        Management
1.5   Elect  Director Robert A. Mathewson       For       For        Management
1.6   Elect  Director Thomas J. Matthews        For       For        Management
1.7   Elect  Director Robert Miller             For       Withhold   Management
1.8   Elect  Director Frederick B. Rentschler   For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

JOHNSON & JOHNSON

Ticker:       JNJ            Security ID:  478160104
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mary Sue Coleman          For       For        Management
1.2   Elect  Director James G. Cullen           For       For        Management
1.3   Elect  Director Robert J. Darretta        For       For        Management
1.4   Elect  Director Michael M. E. Johns       For       For        Management
1.5   Elect  Director Ann Dibble Jordan         For       For        Management
1.6   Elect  Director Arnold G. Langbo          For       For        Management
1.7   Elect  Director Susan L. Lindquist        For       For        Management
1.8   Elect  Director Leo F. Mullin             For       For        Management
1.9   Elect  Director Christine A. Poon         For       For        Management
1.10  Elect  Director Steven S. Reinemund       For       For        Management
1.11  Elect  Director David Satcher             For       For        Management
1.12  Elect  Director William C. Weldon         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

KINETIC CONCEPTS, INC.

Ticker:       KCI            Security ID:  49460W208
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Leininger, M.D.  For       For        Management
1.2   Elect  Director Dennert O. Ware           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LAMAR ADVERTISING COMPANY

Ticker:       LAMR           Security ID:  512815101
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  APR 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Anna Reilly Cullinan      For       For        Management
1.2   Elect  Director John Maxwell Hamilton     For       For        Management
1.3   Elect  Director Robert M. Jelenic         For       For        Management
1.4   Elect  Director Stephen P. Mumblow        For       For        Management
1.5   Elect  Director Thomas V. Reifenheiser    For       For        Management
1.6   Elect  Director Kevin P. Reilly, Jr.      For       For        Management
1.7   Elect  Director Wendell Reilly            For       For        Management


--------------------------------------------------------------------------------

LAS VEGAS SANDS CORP

Ticker:       LVS            Security ID:  517834107
Meeting Date: JUN 9, 2005    Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles D. Forman         For       Withhold   Management
1.2   Elect  Director Irwin A. Siegel           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LINEAR TECHNOLOGY CORP.

Ticker:       LLTC           Security ID:  535678106
Meeting Date: NOV 3, 2004    Meeting Type: Annual
Record Date:  SEP 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert H. Swanson, Jr.    For       For        Management
1.2   Elect  Director David S. Lee              For       For        Management
1.3   Elect  Director Leo T. McCarthy           For       For        Management
1.4   Elect  Director Richard M. Moley          For       For        Management
1.5   Elect  Director Thomas S. Volpe           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MARSH & MCLENNAN COMPANIES, INC.

Ticker:       MMC            Security ID:  571748102
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael G. Cherkasky       For       For        Management
1.2   Elect Director Stephen R. Hardis          For       Withhold   Management
1.3   Elect Director The Rt. Hon. Lord Lang of  For       For        Management
      Monkton, DL
1.4   Elect Director Morton O. Schapiro         For       For        Management
1.5   Elect Director Adele Simmons              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Option Exchange Program           For       For        Management
4     Limit Executive Compensation              Against   Against    Shareholder
5     Request That the Board of Directors Adopt Against   Against    Shareholder
      an Executive Compensation Policy That All
      Future Stock Option Grants to Senior
      Executives Shall be Performance-Based
6     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

MARVELL TECHNOLOGY GROUP LTD

Ticker:       MRVL           Security ID:  G5876H105
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kuo Wei 'Herbert' Chang   For       Withhold   Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MEDTRONIC, INC.

Ticker:       MDT            Security ID:  585055106
Meeting Date: AUG 26, 2004   Meeting Type: Annual
Record Date:  JUL 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William R. Brody, M.D.,   For       For        Management
      Ph.D.
1.2   Elect  Director Arthur D. Collins, Jr.    For       For        Management
1.3   Elect  Director Antonio M. Gotto, Jr.,    For       For        Management
      M.D., D. Phil.
2     Ratify Auditors                           For       For        Management
3     Charitable Contributions                  Against   Against    Shareholder


--------------------------------------------------------------------------------

MICROSOFT CORP.

Ticker:       MSFT           Security ID:  594918104
Meeting Date: NOV 9, 2004    Meeting Type: Annual
Record Date:  SEP 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William H. Gates III      For       For        Management
1.2   Elect  Director Steven A. Ballmer         For       For        Management
1.3   Elect  Director James I. Cash Jr., Ph.D.  For       For        Management
1.4   Elect  Director Raymond V. Gilmartin      For       For        Management
1.5   Elect  Director Ann McLaughlin Korologos  For       For        Management
1.6   Elect  Director David F. Marquardt        For       For        Management
1.7   Elect  Director Charles H. Noski          For       For        Management
1.8   Elect  Director Dr. Helmut Panke          For       For        Management
1.9   Elect  Director Jon A. Shirley            For       For        Management
2     Amend Bundled Compensation Plans          For       For        Management
3     Amend Bundled Compensation Plans          For       For        Management
4     Amend Stock Option Plan                   For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MOODY'S CORPORATION

Ticker:       MCO            Security ID:  615369105
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert R. Glauber          For       For        Management
1.2   Elect Director Connie Mack                For       For        Management
1.3   Elect Director Nancy S. Newcomb           For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NETWORK APPLIANCE, INC.

Ticker:       NTAP           Security ID:  64120L104
Meeting Date: SEP 2, 2004    Meeting Type: Annual
Record Date:  JUL 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel J. Warmenhoven     For       For        Management
1.2   Elect  Director Donald T. Valentine       For       For        Management
1.3   Elect  Director Carol A. Bartz            For       For        Management
1.4   Elect  Director Mark Leslie               For       For        Management
1.5   Elect  Director Nicholas G. Moore         For       For        Management
1.6   Elect  Director Sachio Semmoto            For       For        Management
1.7   Elect  Director George T. Shaheen         For       For        Management
1.8   Elect  Director Robert T. Wall            For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NEWS CORPORATION

Ticker:       NWS            Security ID:  652487703
Meeting Date: OCT 26, 2004   Meeting Type: Annual
Record Date:  SEP 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     RE-ELECTION OF MR. KE COWLEY, AS          For       For        Management
      DIRECTOR.
2     RE-ELECTION OF MR. DF DEVOE, AS DIRECTOR. For       For        Management
3     ELECTION OF MR. V DINH, AS DIRECTOR.      For       For        Management
4     ELECTION OF MR. PL BARNES, AS DIRECTOR.   For       For        Management
5     ELECTION OF MR. JL THORNTON, AS DIRECTOR. For       For        Management
6     SHARE SCHEME MEETING OF ORDINARY          For       For        Management
      SHAREHOLDERS. APPROVAL OF THE SHARE
      SCHEME DESCRIBED IN THE INFORMATION
      MEMORANDUM.
7     CAPITAL REDUCTION MEETING. APPROVAL OF    For       For        Management
      THE CAPITAL REDUCTION BY CANCELLATION OF
      ALL SHARES IN THE COMPANY.
8     IF YOU MARK THE AGAINST BOX, YOU WILL NOT For       For        Management
      VOTE AS REGISTERED LEGAL OWNER OF
      NEWSCORP SHARES AND YOUR VOTE WILL NOT BE
      COUNTED IN DETERMINING WHETHER THE SHARE
      SCHEME IS APPROVED BY A MAJORITY IN
      NUMBER OF SHAREHOLDERS VOTING AT THE
      MEETINGS.


--------------------------------------------------------------------------------

NOVARTIS AG

Ticker:       NVS            Security ID:  66987V109
Meeting Date: MAR 1, 2005    Meeting Type: Annual
Record Date:  JAN 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE ANNUAL REPORT, THE        For       For        Management
      FINANCIAL STATEMENTS OF NOVARTIS AG AND
      THE GROUP CONSOLIDATED FINANCIAL
      STATEMENTS FOR THE YEAR 2004.
2     APPROVAL OF THE ACTIVITIES OF THE BOARD   For       For        Management
      OF DIRECTORS.
3     APPROPRIATION OF AVAILABLE EARNINGS OF    For       For        Management
      NOVARTIS AG AS PER BALANCE SHEET AND
      DECLARATION OF DIVIDEND.
4     REDUCTION OF SHARE CAPITAL.               For       For        Management
5     FURTHER SHARE REPURCHASE PROGRAM.         For       For        Management
6     RE-ELECTION OF DR. H.C. BIRGIT BREUEL FOR For       For        Management
      A TWO-YEAR TERM.
7     RE-ELECTION OF PROF. DR. PETER BURCKHARDT For       For        Management
      FOR A THREE-YEAR TERM.
8     RE-ELECTION OF ALEXANDRE F. JETZER FOR A  For       For        Management
      THREE-YEAR TERM.
9     RE-ELECTION OF PIERRE LANDOLT FOR A THREE For       For        Management
      YEAR TERM.
10    RE-ELECTION OF PROF. DR. ULRICH LEHNER    For       For        Management
      FOR A THREE YEAR TERM.
11    Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PAYCHEX, INC.

Ticker:       PAYX           Security ID:  704326107
Meeting Date: OCT 6, 2004    Meeting Type: Annual
Record Date:  AUG 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director B. Thomas Golisano        For       For        Management
1.2   Elect  Director G. Thomas Clark           For       For        Management
1.3   Elect  Director David J. S. Flaschen      For       For        Management
1.4   Elect  Director Phillip Horsley           For       For        Management
1.5   Elect  Director Grant M. Inman            For       For        Management
1.6   Elect  Director J. Robert Sebo            For       For        Management
1.7   Elect  Director Joseph M. Tucci           For       For        Management


--------------------------------------------------------------------------------

PEPSICO, INC.

Ticker:       PEP            Security ID:  713448108
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John F. Akers             For       For        Management
1.2   Elect  Director Robert E. Allen           For       For        Management
1.3   Elect  Director Ray L. Hunt               For       For        Management
1.4   Elect  Director Arthur C. Martinez        For       For        Management
1.5   Elect  Director Indra K. Nooyi            For       For        Management
1.6   Elect  Director Steven S Reinemund        For       For        Management
1.7   Elect  Director Sharon P. Rockefeller     For       For        Management
1.8   Elect  Director James J. Schiro           For       For        Management
1.9   Elect  Director Franklin A. Thomas        For       For        Management
1.10  Elect  Director Cynthia M. Trudell        For       For        Management
1.11  Elect  Director Solomon D. Trujillo       For       For        Management
1.12  Elect  Director Daniel Vasella            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Corporate Political             Against   Against    Shareholder
      Contributions


--------------------------------------------------------------------------------

PIONEER NATURAL RESOURCES CO.

Ticker:       PXD            Security ID:  723787107
Meeting Date: SEP 28, 2004   Meeting Type: Special
Record Date:  JUL 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       Against    Management


--------------------------------------------------------------------------------

PROCTER & GAMBLE COMPANY, THE

Ticker:       PG             Security ID:  742718109
Meeting Date: OCT 12, 2004   Meeting Type: Annual
Record Date:  JUL 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R. Kerry Clark            For       For        Management
1.2   Elect  Director Joseph T. Gorman          For       For        Management
1.3   Elect  Director Lynn M. Martin            For       For        Management
1.4   Elect  Director Ralph Snyderman, M.D.     For       For        Management
1.5   Elect  Director Robert D. Storey          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Declassify the Board of Directors         Against   For        Management
5     Implement/ Report on Animal Welfare       Against   Against    Shareholder
      Standards


--------------------------------------------------------------------------------

PULTE HOMES INC.

Ticker:       PHM            Security ID:  745867101
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director D. Kent Anderson          For       For        Management
1.2   Elect  Director John J. Shea              For       For        Management
1.3   Elect  Director William B. Smith          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management
5     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

QUALCOMM INC.

Ticker:       QCOM           Security ID:  747525103
Meeting Date: MAR 8, 2005    Meeting Type: Annual
Record Date:  JAN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert E. Kahn            For       For        Management
1.2   Elect  Director Duane A. Nelles           For       Withhold   Management
1.3   Elect  Director Brent Scowcroft           For       For        Management
2     Declassify the Board of Directors and     For       For        Management
      Eliminate Cumulative Voting
3     Increase Authorized Common Stock          For       For        Management
4     Amend Articles                            For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

QUESTAR CORP.

Ticker:       STR            Security ID:  748356102
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Phillips S. Baker, Jr.    For       For        Management
1.2   Elect  Director L. Richard Flury          For       For        Management
1.3   Elect  Director James A. Harmon           For       For        Management
1.4   Elect  Director M.W. Scoggins             For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

RED HAT, INC.

Ticker:       RHAT           Security ID:  756577102
Meeting Date: SEP 21, 2004   Meeting Type: Annual
Record Date:  JUL 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gen. H. Hugh Shelton      For       For        Management
1.2   Elect  Director Eugene J. Mcdonald        For       For        Management
1.3   Elect  Director Matthew J. Szulik         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

SEARS HOLDINGS CORP

Ticker:       SHLD           Security ID:  498780105
Meeting Date: MAR 24, 2005   Meeting Type: Annual
Record Date:  JAN 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Exclusion of Bankruptcy-Related Charter   For       For        Management
      Provision
3     Exclude Rights of Designated Stockholders For       For        Management
      to Designate Directors to the Board of
      Directors
4     Approve Equity Grants to Aylwin B. Lewis  For       For        Management


--------------------------------------------------------------------------------

ST. JUDE MEDICAL, INC.

Ticker:       STJ            Security ID:  790849103
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard R. Devenuti        For       For        Management
1.2   Elect Director Stuart M. Essig            For       For        Management
1.3   Elect Director Thomas H. Garrett III      For       For        Management
1.4   Elect Director Wendy L. Yarno             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Prohibit Auditor from Providing Non-Audit Against   Against    Shareholder
      Services


--------------------------------------------------------------------------------

STATION CASINOS, INC.

Ticker:       STN            Security ID:  857689103
Meeting Date: MAY 18, 2005   Meeting Type: Proxy Contest
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Frank J. Fertitta III      For       None       Management
1.2   Elect Director Lee S. Isgur               For       None       Management
2     Approve Omnibus Stock Plan                For       None       Management
3     Ratify Auditors                           For       None       Management
4     Reduce Supermajority Vote Requirement     Against   None       Shareholder
5     Declassify the Board of Directors         Against   None       Shareholder
6     Submit Shareholder Rights Plan (Poison    Against   None       Shareholder
      Pill) to Shareholder Vote
1.1   Elect Directors Frank J. Fertitta III     None      For        Management
1.2   Elect Director Lee S. Isgur               None      For        Management
2     Approve Omnibus Stock Plan                None      For        Management
3     Ratify Auditors                           None      For        Management
4     Reduce Supermajority Vote Requirement     For       For        Shareholder
5     Declassify the Board of Directors         For       For        Shareholder
6     Submit Shareholder Rights Plan (Poison    For       For        Shareholder
      Pill) to Shareholder Vote


--------------------------------------------------------------------------------

SUNCOR ENERGY INC

Ticker:       SU.            Security ID:  867229106
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Mel E. Benson              For       For        Management
1.2   Elect Director Brian A. Canfield          For       For        Management
1.3   Elect Director Bryan P. Davies            For       For        Management
1.4   Elect Director Brian A. Felesky           For       For        Management
1.5   Elect Director John T. Ferguson           For       For        Management
1.6   Elect Director W. Douglas Ford            For       For        Management
1.7   Elect Director Richard L. George          For       For        Management
1.8   Elect Director John R. Huff               For       For        Management
1.9   Elect Director Robert W. Korthals         For       For        Management
1.10  Elect Director M. Ann McCaig              For       For        Management
1.11  Elect Director Michael W. O'Brien         For       For        Management
1.12  Elect Director JR Shaw                    For       For        Management
2     Ratify PricewaterhouseCoopers LLP as      For       For        Management
      Auditors
3     Amend Shareholder Rights Plan (Poison     For       For        Management
      Pill)


--------------------------------------------------------------------------------

SYMANTEC CORP.

Ticker:       SYMC           Security ID:  871503108
Meeting Date: SEP 15, 2004   Meeting Type: Annual
Record Date:  JUL 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Tania Amochaev            For       For        Management
1.2   Elect  Director William T. Coleman        For       For        Management
1.3   Elect  Director Franciscus Lion           For       For        Management
1.4   Elect  Director David Mahoney             For       For        Management
1.5   Elect  Director Robert S. Miller          For       For        Management
1.6   Elect  Director George Reyes              For       For        Management
1.7   Elect  Director Daniel H. Schulman        For       For        Management
1.8   Elect  Director John W. Thompson          For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Outside Director Stock in Lieu of   For       For        Management
      Cash Plan
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

TYCO INTERNATIONAL LTD.

Ticker:       TYC            Security ID:  902124106
Meeting Date: MAR 10, 2005   Meeting Type: Annual
Record Date:  JAN 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dennis C. Blair           For       For        Management
1.2   Elect  Director Edward D. Breen           For       For        Management
1.3   Elect  Director George W. Buckley         For       For        Management
1.4   Elect  Director Brian Duperreault         For       For        Management
1.5   Elect  Director Bruce S. Gordon           For       For        Management
1.6   Elect  Director Rajiv L. Gupta            For       For        Management
1.7   Elect  Director John A. Krol              For       For        Management
1.8   Elect  Director Mackey J. Mcdonald        For       For        Management
1.9   Elect  Director H. Carl Mccall            For       For        Management
1.10  Elect  Director Brendan R. O'Neill        For       For        Management
1.11  Elect  Director Sandra S. Wijnberg        For       For        Management
1.12  Elect  Director Jerome B. York            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ULTRA PETROLEUM CORP.

Ticker:       UPL            Security ID:  903914109
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Michael D. Watford         For       For        Management
2     Elect Director William C. Helton          For       For        Management
3     Elect Director James E. Nielson           For       For        Management
4     Elect Director Robert E. Rigney           For       For        Management
5     Elect Director James C. Roe               For       For        Management
6     Approve KPMG LLP as Auditors and          For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors
7     Approve 2:1 Stock Split                   For       For        Management
8     Approve 2005 Stock Incentive Plan         For       Against    Management
9     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

UNITEDHEALTH GROUP INCORPORATED

Ticker:       UNH            Security ID:  91324P102
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas H. Kean            For       For        Management
1.2   Elect  Director Robert L. Ryan            For       For        Management
1.3   Elect  Director William G. Spears         For       For        Management
1.4   Elect  Director Gail R. Wilensky, Ph.D.   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Performance- Based/Indexed Options        Against   Against    Shareholder
4     Performance- Based/Indexed Options        Against   Against    Shareholder


--------------------------------------------------------------------------------

UNIVISION COMMUNICATIONS INC.

Ticker:       UVN            Security ID:  914906102
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director A. Jerrold Perenchio       For       Withhold   Management
1.2   Elect Director Anthony Cassara            For       Withhold   Management
1.3   Elect Director Harold Gaba                For       For        Management
1.4   Elect Director Alan F. Horn               For       For        Management
1.5   Elect Director John G. Perenchio          For       Withhold   Management
1.6   Elect Director Ray Rodriguez              For       Withhold   Management
1.7   Elect Director Mchenry T. Tichenor, Jr.   For       Withhold   Management
2     Ratify Auditors                           For       For        Management
3     Adopt Recapitalization Plan Regarding     Against   Against    Shareholder
      Votes Per Share


--------------------------------------------------------------------------------

VERITAS SOFTWARE CORP.

Ticker:       VRTS           Security ID:  923436109
Meeting Date: AUG 25, 2004   Meeting Type: Annual
Record Date:  JUN 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael Brown             For       For        Management
1.2   Elect  Director Kurt J. Lauk              For       For        Management
1.3   Elect  Director Fred van den Bosch        For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WAL-MART STORES, INC.

Ticker:       WMT            Security ID:  931142103
Meeting Date: JUN 3, 2005    Meeting Type: Annual
Record Date:  APR 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James W. Breyer           For       For        Management
1.2   Elect  Director M. Michele Burns          For       For        Management
1.3   Elect  Director Douglas N. Daft           For       For        Management
1.4   Elect  Director David D. Glass            For       For        Management
1.5   Elect  Director Roland A. Hernandez       For       For        Management
1.6   Elect  Director John D. Opie              For       For        Management
1.7   Elect  Director J. Paul Reason            For       For        Management
1.8   Elect  Director H. Lee Scott, Jr.         For       For        Management
1.9   Elect  Director Jack C. Shewmaker         For       For        Management
1.10  Elect  Director Jose H. Villarreal        For       For        Management
1.11  Elect  Director John T. Walton            For       For        Management
1.12  Elect  Director S. Robson Walton          For       For        Management
1.13  Elect  Director Christopher J. Williams   For       For        Management
1.14  Elect  Director Linda S. Wolf             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Report on Executive Compensation          Against   Against    Shareholder
5     Prepare Sustainability Report             Against   Against    Shareholder
6     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
7     Report on Political Contributions         Against   Against    Shareholder
8     Prepare Equal Opportunity Report          Against   Against    Shareholder
9     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
10    Require Majority of Independent Directors Against   Against    Shareholder
      on Board
11    Performance- Based/Indexed Options        Against   Against    Shareholder


--------------------------------------------------------------------------------

WM. WRIGLEY JR. CO.

Ticker:       WWY            Security ID:  982526105
Meeting Date: MAR 8, 2005    Meeting Type: Annual
Record Date:  JAN 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John Rau                   For       For        Management
1.2   Elect Director Richard K. Smucker         For       For        Management
1.3   Elect Director William Wrigley, Jr.       For       For        Management
2     Increase Authorized Common Stock          For       Against    Management
3     Ratify Auditors                           For       For        Management
4     Proposal Regarding a Change to Proxy Card Against   Against    Shareholder
      Features


--------------------------------------------------------------------------------

WYNN RESORTS LTD

Ticker:       WYNN           Security ID:  983134107
Meeting Date: MAY 2, 2005    Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Kazuo Okada                For       For        Management
1.2   Elect Director Robert J. Miller           For       For        Management
1.3   Elect Director Kiril Sokoloff             For       For        Management
1.4   Elect Director Allan Zeman                For       For        Management
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

XTO ENERGY INC

Ticker:       XTO            Security ID:  98385X106
Meeting Date: NOV 16, 2004   Meeting Type: Special
Record Date:  SEP 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

YAHOO!, INC.

Ticker:       YHOO           Security ID:  984332106
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Terry S. Semel             For       For        Management
1.2   Elect Director Jerry Yang                 For       For        Management
1.3   Elect Director Roy J. Bostock             For       For        Management
1.4   Elect Director Ronald W. Burkle           For       For        Management
1.5   Elect Director Eric Hippeau               For       For        Management
1.6   Elect Director Arthur H. Kern             For       For        Management
1.7   Elect Director Robert A. Kotick           For       For        Management
1.8   Elect Director Edward R. Kozel            For       For        Management
1.9   Elect Director Gary L. Wilson             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ZIMMER HOLDINGS INC

Ticker:       ZMH            Security ID:  98956P102
Meeting Date: MAY 2, 2005    Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director J. Raymond Elliott         For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Ratify Auditors                           For       For        Management
4     Prohibit Auditor from Providing Non-Audit Against   Against    Shareholder
      Services




============ MORGAN STANLEY INSTITUTIONAL FUND INC. - EUROPEAN REAL ============
============                    ESTATE PORTFOLIO                    ============


AEDES SPA

Ticker:                      Security ID:  IT0000074028
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Cancel April 29, 2004, Authorization Re:  For       For        Management
      Share Repurchase Program and Reissuance
      of Repurchased Shares; Authorize New
      Share Repurchase Program and Reissuance
      of Repurchased Shares
3     Elect Directors                           For       For        Management
4     Integrate Mandate to External Auditors;   For       For        Management
      Integrate Auditors' Remuneration


--------------------------------------------------------------------------------

AM NV (FRMELY AMSTELLAND N.V. (FORMERLY NBM AMSTELLAND NV))

Ticker:                      Security ID:  NL0000389799
Meeting Date: JUL 20, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Announcements                     None      None       Management
3     Approve Minutes of Previous Meeting       For       For        Management
4     Elect Gar Hendriks and Marius Jonkhart to For       For        Management
      Supervisory Board
5     Other Business (Non-Voting)               None      None       Management
6     Closing                                   None      None       Management


--------------------------------------------------------------------------------

BENI STABILI

Ticker:                      Security ID:  IT0001389631
Meeting Date: APR 27, 2005   Meeting Type: Annual/Special
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Statutory   For       For        Management
      Reports, and Allocation of Income
2     Elect External Auditors for the           For       For        Management
      Three-Year Term 2005-2007; Fix Auditors'
      Remuneration
3     Elect One Director                        For       For        Management
1     Approve Capital Increase in the Nominal   For       For        Management
      Amount of Between EUr 170.2 Million and
      EUR 173.7 Million Through the Issuance of
      Shares Pursuant to Share Option Scheme
      Reserved to Group Executive Directors and
      Employees


--------------------------------------------------------------------------------

BRITISH LAND COMPANY PLC (THE)

Ticker:                      Security ID:  GB0001367019
Meeting Date: JUL 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 10.07 Pence Per For       For        Management
      Ordinary Share
3     Re-elect Nicholas Ritblat as Director     For       For        Management
4     Re-elect Robert Bowden as Director        For       For        Management
5     Re-elect Sir Derek Higgs as Director      For       For        Management
6     Re-elect Lord Burns as Director           For       For        Management
7     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Approve Remuneration Report               For       For        Management
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 40,816,764
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,100,014
12    Authorise 48,800,116 Ordinary Shares for  For       For        Management
      Market Purchase
13    Approve The British Land Company PLC      For       For        Management
      Savings-Related Share Option Scheme


--------------------------------------------------------------------------------

BRIXTON PLC (FORMERLY BRIXTON ESTATE PLC)

Ticker:                      Security ID:  GB0001430023
Meeting Date: JAN 26, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Industrious Target For       For        Management
      Group


--------------------------------------------------------------------------------

BRIXTON PLC (FORMERLY BRIXTON ESTATE PLC)

Ticker:                      Security ID:  GB0001430023
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
4     Approve Final Dividend of 7.45 Pence Per  For       For        Management
      Ordinary Share
5     Re-elect Steven Owen as Director          For       For        Management
6     Re-elect Michael Moore as Director        For       For        Management
7     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 12,768,901
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,361,555
9     Authorise 26,892,439 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

CAPITAL & REGIONAL PLC (FRM. CAPITAL & REGIONAL PROP)

Ticker:                      Security ID:  GB0001741544
Meeting Date: JUN 15, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 9 Pence Per     For       For        Management
      Ordinary Share
3     Re-elect Xavier Pullen as Director        For       For        Management
4     Re-elect Kenneth Ford as Director         For       For        Management
5     Re-elect Andrew Lewis-Pratt as Director   For       For        Management
6     Elect Alan Coppin as Director             For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Approve Remuneration Report               For       For        Management
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 2,134,653
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate Amount
      in Nominal Value Equal to 5 Percent of
      the Issued Ordinary Share Capital
11    Authorise 9,541,897 Ordinary Shares for   For       For        Management
      Market Purchase
12    Approve the Extension of The Capital &    For       For        Management
      Regional plc Long-Term Incentive Plan
      2002
13    Approve the Extension of The Capital &    For       For        Management
      Regional plc Capital Appreciation Plan
      2002
14    Amend The Rules of the Capital & Regional For       For        Management
      plc Long Term Incentive Plan 2002


--------------------------------------------------------------------------------

CASTELLUM AB

Ticker:                      Security ID:  SE0000379190
Meeting Date: MAR 23, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive President's              Vote
      and Chairman's Reports
7     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8     Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 9.50 Per Share                     Vote
9     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
10    Determine Number of Members (7) and       For       Did Not    Management
      Deputy Members of Board (0)                         Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 1.1 Million                 Vote
12    Reelect Jan Kvarstroem, Marianne Dicander For       Did Not    Management
      Alexandersson, Ulla-Britt                           Vote
      Fraejdin-Hellqvist, Mats Israelsson,
      Lars-Erik Jansson, Stig-Arne Larsson, and
      Goeran Linden as Directors
13    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital and Reissuance of           Vote
      Repurchased Shares
14    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Three of Company's               Vote
      Largest Shareholders to Serve on
      Nominating Committee


--------------------------------------------------------------------------------

CITYCON OYJ

Ticker:                      Security ID:  FI0009002471
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
3     Approve Dividend of EUR 0.14 Per Share    For       Did Not    Management
                                                          Vote
4     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
5     Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
6     Fix Number of Directors at 8              For       Did Not    Management
                                                          Vote
7     Reelect Stig-Erik Bergstrom, Amir Gal,    For       Did Not    Management
      Raimo Korpinen, Tuomo Lahdesmaki, Carl              Vote
      Nordman, Claes Ottosson, and Dor Segal as
      Directors; Elect Thom Wernink as New
      Director
8     Appoint Tuija Korpelainen and Mikael      For       Did Not    Management
      Holmstrom as Auditors and Ernst & Young             Vote
      Oy as Deputy Auditor
9     Amend Articles Re: Increase Limit for     For       Did Not    Management
      Maximum Size of Issued Share Capital to             Vote
      EUR 500 Million; Publish Meeting Notices
      in Nationwide Newspaper Circulated in
      Helsinki
10    Approve EUR 5.2 Million Reduction in      For       Did Not    Management
      Share Capital via Share Cancellation                Vote
11    Approve Creation of EUR 31.4 Million Pool For       Did Not    Management
      of Conditional Capital without Preemptive           Vote
      Rights
12    Authorize Board to Sell 7,537 Shares in   For       Did Not    Management
      the Joint Book-Entry Account                        Vote


--------------------------------------------------------------------------------

COFINIMMO

Ticker:                      Security ID:  BE0003593044
Meeting Date: MAR 15, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Merger Agreement Re: Merger with  None      Did Not    Management
      Immobiliers de Location du Quartier                 Vote
      Leopold
1.2   Receive Board Report on Merger            None      Did Not    Management
                                                          Vote
1.3   Receive Auditor Report on Merger          None      Did Not    Management
                                                          Vote
1.4   Receive Communication Re: Significant     None      Did Not    Management
      Changes to the Situation of the Assets              Vote
      and Liabilities of Each Merging Company
1.5   Receive Communication Re: Cofinimmo Group None      Did Not    Management
      Real Estate Investment Trust                        Vote
2.1   Approve by Absorption of Immobiliere de   For       Did Not    Management
      Location du Quartier Leopold                        Vote
2.2   Issue Shares in Connection with           For       Did Not    Management
      Acquisition                                         Vote
2.3   Amend Articles/Charter to Reflect Changes For       Did Not    Management
      in Capital                                          Vote
2.4   Confirm Approval of Previous Resolutions  For       Did Not    Management
      Upon Approval of Merger by Immobiliers de           Vote
      Location du Quartier Leopold Shareholders
2.5   Approve Definitive Merger and Capital     For       Did Not    Management
      Increase                                            Vote
3.1   Receive Merger Agreement Re: Merger       None      Did Not    Management
      Agreement with BETA Invest                          Vote
3.2   Receive Board Report on Merger            None      Did Not    Management
                                                          Vote
3.3   Receive Auditor Report on Merger          None      Did Not    Management
                                                          Vote
3.4   Receive Communication Re: Significant     None      Did Not    Management
      Changes to the Situation of the Assets              Vote
      and Liabilities of Each Merging Company
3.5   Receive Communication Re: Cofinimmo Group None      Did Not    Management
      Real Estate Investment Trust                        Vote
4.1   Approve Merger by Absorption of BETA      For       Did Not    Management
      Invest                                              Vote
4.2   Issue Shares in Connection with           For       Did Not    Management
      Acquisition                                         Vote
4.3   Amend Articles to Reflect Changes in      For       Did Not    Management
      Capital                                             Vote
4.4   Confirm Approval of Previous Resolutions  For       Did Not    Management
      Upon Approval of Merger by BETA Invest              Vote
      Shareholders
4.5   Approve Definitive Merger and Capital     For       Did Not    Management
      Increase                                            Vote
5.1   Receive Merger Agreement Re: Merger       None      Did Not    Management
      Agreement with North Galaxy                         Vote
5.2   Receive Board Report on Merger            None      Did Not    Management
                                                          Vote
5.3   Receive Auditor Report on Merger          None      Did Not    Management
                                                          Vote
5.4   Receive Communication Re: Significant     None      Did Not    Management
      Changes to the Situation of the Assets              Vote
      and Liabilities of Each Merging Company
5.5   Receive Communication Re: Cofinimmo Group None      Did Not    Management
      Real Estate Investment Trust                        Vote
6.1   Approve Merger by Absorption of North     For       Did Not    Management
      Galaxy                                              Vote
6.2   Issue Shares in Connection with           For       Did Not    Management
      Acquisition                                         Vote
6.3   Amend Articles to Reflect Changes in      For       Did Not    Management
      Capital                                             Vote
6.4   Confirm Approval of Previous Resolutions  For       Did Not    Management
      Upon Approval of Merger by North Galaxy             Vote
      Shareholders
7.1   Receive Board Report Re: Authorized       None      Did Not    Management
      Capital                                             Vote
7.2   Authorize Board to Increase Capital Up to For       Did Not    Management
      EUR 600 Million                                     Vote
7.3   Amend Articles Re: Increase in Authorized For       Did Not    Management
      Capital                                             Vote
8.1   Authorize Board to Repurchase Shares in   For       Did Not    Management
      the Event of a Public Tender Offer or               Vote
      Share Exchange Offer; Authorize Share
      Repurchase of Up to Ten Percent of Issued
      Capital
8.2   Amend Articles Re: Share Repurchase       For       Did Not    Management
                                                          Vote
9     Authorize Implementation of Approved      For       Did Not    Management
      Resolutions and Filing of Required                  Vote
      Documents/Formalities at Trade Registry


--------------------------------------------------------------------------------

CORIO N.V.  (FORMERLY VIB)

Ticker:                      Security ID:  NL0000288967
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3     Approve Financial Statements and          For       For        Management
      Statutory Reports
4     Discussion on Company's Corporate         None      None       Management
      Governance Structure
5     Receive Explanation on Company's Reserves None      None       Management
      and Dividend Policy
6     Approve Dividend of EUR 2.39 Per Share    For       For        Management
7     Approve Discharge of Management Board     For       For        Management
8     Approve Discharge of Supervisory Board    For       For        Management
9     Discussion on Supervisory Board Profile   None      None       Management
10    Reelect KPMG Accountants N.V. as Auditors For       For        Management
11    Other Business (Non-Voting)               None      None       Management
12    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

CORIO N.V.  (FORMERLY VIB)

Ticker:                      Security ID:  NL0000288967
Meeting Date: DEC 10, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Indemnification of Supervisory    For       For        Management
      Board Members
3     Approve Indemnification of Management     For       For        Management
      Board Members
4     Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Management Board
5     Amend Articles                            For       For        Management
6.1A  Reelect B. Vos to Supervisory Board       For       For        Management
6.1B  Elect H. Porte to Supervisory Board       Against   Against    Management
6.2A  Reelect W. Borgdorff to Supervisory Board For       For        Management
6.2B  Elect H. Hanekamp to Supervisory Board    Against   Against    Management
6.3A  Elect J. Doets to Supervisory Board       For       For        Management
6.3B  Elect H. Porte to Supervisory Board       Against   Against    Management
6.4A  Elect D. Doijer to Supervisory Board      For       For        Management
6.4B  Elect H. Hanekamp to Supervisory Board    Against   Against    Management
7     Other Business (Non-Voting)               None      None       Management
8     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

DERWENT VALLEY HOLDINGS PLC

Ticker:                      Security ID:  GB0002652740
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 8.90 Pence Per  For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect S Silver as Director             For       For        Management
5     Re-elect I Yeatman as Director            For       For        Management
6     Re-elect C Odom as Director               For       For        Management
7     Reappoint BDO Stoy Hayward LLP as         For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 887,801.30
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 133,170.20
10    Authorise 5,326,808 Ordinary Shares for   For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

EUROCOMMERCIAL PROPERTIES NV (FRMRLY. SCHRODERS EUROPEAN)

Ticker:                      Security ID:  NL0000288876
Meeting Date: NOV 2, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Report of Management Board        None      Did Not    Management
                                                          Vote
3     Receive Presentation on Company's         None      Did Not    Management
      Corporate Governance Structure                      Vote
4     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
5     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
6     Amend Articles to Reflect Recommendations For       Did Not    Management
      of Dutch Corporate Governance Code                  Vote
7     Amend Articles and Conditions of          For       Did Not    Management
      Administration of Stichting                         Vote
      Administratiekantoor Eurocommercial
      Properties to Enable the Stichting
      (Foundation) to Comply with Dutch
      Corporate Governance Code
8     Approve Remuneration of Management and    For       Did Not    Management
      Supervisory Boards; Approve Remuneration            Vote
      Policy for Management Board
9     Reelect H.Th.M. Bevers and H.W. Bolland   For       Did Not    Management
      to Supervisory Board                                Vote
10    Reelect J.P. Lewis and E.J. van Garderen  For       Did Not    Management
      to Management Board                                 Vote
11    Reelect Ernst & Young as Auditors         For       Did Not    Management
                                                          Vote
12    Grant Board Authority to Issue All        For       Did Not    Management
      Authorized Yet Unissued Shares                      Vote
      Restricting/Excluding Preemptive Rights
13    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
14    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
15    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

FREEPORT PLC (FORMERLY FREEPORT LEISURE PLC)

Ticker:                      Security ID:  GB0034340827
Meeting Date: DEC 13, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       Against    Management
3     Approve Final Dividend of 2.5 Pence Per   For       For        Management
      Share
4     Re-elect Gary Russell as Director         For       For        Management
5     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
6     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
7     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 4,645,668
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 630,610
9     Authorise 5,671,711 Shares for Market     For       For        Management
      Purchase


--------------------------------------------------------------------------------

GRAINGER TRUST PLC

Ticker:                      Security ID:  GB0003806493
Meeting Date: FEB 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       Against    Management
3     Approve Final Dividend of 19.20 Pence Per For       For        Management
      Share
4     Re-elect Robert Dickinson as Director     For       For        Management
5     Re-elect Stephen Dickinson as Director    For       For        Management
6     Re-elect Robert Hiscox as Director        For       Against    Management
7     Re-elect Andrew Cunningham as Director    For       For        Management
8     Elect Robin Broadhurst as Director        For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors


--------------------------------------------------------------------------------

GRAINGER TRUST PLC

Ticker:                      Security ID:  GB0003806493
Meeting Date: FEB 24, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sub-Division of Each Ordinary     For       For        Management
      Share of 25 Pence Each into Five New
      Ordinary Shares of 5 Pence Each
2     Adopt New Articles of Association         For       For        Management
3     Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 1,794,680.75
4     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 310,265
5     Authorise 18,615,950 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

GREAT PORTLAND ESTATES PLC

Ticker:                      Security ID:  GB0009629519
Meeting Date: JUL 9, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Capital Reorganisation; Approve   For       For        Management
      Cancellation of the Capital Shares, the
      Income Shares and the Share Premium
      Account; Approve Dividend of 50 Pence Per
      Income Share and Adopt New Articles of
      Association
2     Authorise 24,371,221 New Ordinary Shares  For       For        Management
      for Market Purchase
3     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 6,702,086
4     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,015,468


--------------------------------------------------------------------------------

GREAT PORTLAND ESTATES PLC

Ticker:                      Security ID:  GB0009629519
Meeting Date: JUL 9, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 7 Pence Per     For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Toby Courtauld as Director       For       For        Management
5     Re-elect John Whiteley as Director        For       For        Management
6     Re-elect Anthony Graham as Director       For       For        Management
7     Elect Charles Irby as Director            For       For        Management
8     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 33,815,070
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,077,337
11    Authorise 30,443,717 Shares for Market    For       For        Management
      Purchase
12    Amend Articles and Memorandum of          For       For        Management
      Association Re: CREST and Tresury Share
      Legislation


--------------------------------------------------------------------------------

HAMMERSON PLC

Ticker:       HPD            Security ID:  GB0004065016
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 12.47 Pence Per For       For        Management
      Ordinary Share
4     Re-elect John Richards as Director        For       For        Management
5     Re-elect John Barton as Director          For       For        Management
6     Re-elect John Clare as Director           For       For        Management
7     Re-elect Simon Meliss as Director         For       For        Management
8     Re-elect Graham Pimlott as Director       For       For        Management
9     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 23,298,898
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,465,657
13    Authorise 41,310,636 Ordinary Shares for  For       For        Management
      Market Purchase
14    Extend the Duration of the 1995 Approved  For       For        Management
      and Unapproved Executive Share Option
      Schemes
15    Approve Share Incentive Plan              For       For        Management
16    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 750,000


--------------------------------------------------------------------------------

HUFVUDSTADEN A/B

Ticker:                      Security ID:  SE0000170375
Meeting Date: MAR 17, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive President's Report                None      Did Not    Management
                                                          Vote
8     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive Consolidated             Vote
      Financial Statements and Statutory
      Reports
9     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports; Approve Consolidated             Vote
      Financial Statements and Statutory
      Reports
10    Approve Allocation of Income, Ordinary    For       Did Not    Management
      Dividends of SEK 1.30 Per Share, and                Vote
      Special Dividends of SEK 2.70 Per Share
11    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
12    Determine Number of Members and Deputy    For       Did Not    Management
      Members of Board                                    Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 1.4 Million;                Vote
      Approve Remuneration of Auditors
14    Elect Claes Boustedt, Bengt Braun, Peter  For       Did Not    Management
      Egardt, Mats Jansson, Anna Klingspor,               Vote
      Fredrik Lundberg, Hans Mertzig, Ivo
      Stopner, and Bo Waldemarson as Directors
15    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital and Reissuance of           Vote
      Repurchased Shares
16    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

IMMOBILIARE GRANDE  DISTRIBUZIONE SPA

Ticker:                      Security ID:  IT0003745889
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports


--------------------------------------------------------------------------------

INMOBILIARIA COLONIAL SA

Ticker:                      Security ID:  ES0153440419
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, and Discharge
      Directors for Fiscal Year 2004
2     Approve Allocation of Income              For       For        Management
3     Approve Auditors for Individual and       For       For        Management
      Consolidated Group
4     Elect Members to Board of Directors       For       For        Management
5     Approve Increase in Capital Through       For       For        Management
      Issuance of Shares Without Preemptive
      Rights
6     Authorize Issuance of Convertible         For       For        Management
      Bonds/Debt Securities Without Preemptive
      Rights
7     Authorize Repurchase of Shares            For       For        Management
8     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

INMOBILIARIA URBIS, S.A.

Ticker:                      Security ID:  ES0154800215
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statement for Fiscal Year Ended
      12-31-04, Approve Discharge Directors
2     Approve Allocation of Income for Period   For       For        Management
      2004
3     Amend Article 36 of the Bylaws Re:        For       For        Management
      Chairmanship of Board Meetings
4     Amend Articles 5 and 9 of the Bylaws Re:  For       For        Management
      General Meeting Announcement and
      Attendance Requirements
5     Reelect Directors                         For       For        Management
6     Approve Remuneration of Directors         For       For        Management
7     Reelect Auditors for Period 2005          For       For        Management
8     Authorize Share Repurchase Program        For       For        Management
9     Present Report Re: Amendments to Articles For       For        Management
      10, 11 and 16 of Board Guidelines
10    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

IVG IMMOBILIEN AG(FRMLY IVG HOLDING AG)

Ticker:                      Security ID:  DE0006205701
Meeting Date: MAY 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.35 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Elect Detlef Bierbaum, Gert Haller,       For       For        Management
      Matthias Graf von Krockow, and Peter
      Rieck to the Supervisory Board
6     Approve Creation of EUR 24 Million Pool   For       For        Management
      of Conditional Capital with Preemptive
      Rights
7     Approve Creation of EUR 24 Million Pool   For       Against    Management
      of Conditional Capital without Preemptive
      Rights
8     Amend Articles Re: Electronic Publication For       For        Management
      of Shareholder Communications
9     Approve Increase in Size of Supervisory   For       For        Management
      Board from Six to Nine Members
10    Amend Articles Re: Shareholder            For       For        Management
      Representation at General Meetings
11    Amend Articles Re: Calling of,            For       For        Management
      Registration for, and Time Designation at
      Shareholder Meetings due to Proposed
      Changes in German Law (Company Integrity
      and Modernization of Shareholder Lawsuits
      Law)
12    Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
13    Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors for Fiscal 2005


--------------------------------------------------------------------------------

KLEPIERRE

Ticker:                      Security ID:  FR0000121964
Meeting Date: APR 7, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Accounting Transfers From         For       For        Management
      Long-Term Capital Gains Account to
      Ordinary Reserve
5     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2.30 per Share
6     Elect Alain Papiasse as Supervisory Board For       For        Management
      Member
7     Elect Francois Demon as Supervisory Board For       For        Management
      Member
8     Reelect Jerome Bedier as Supervisory      For       For        Management
      Board Member
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 60 Million
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 60 Million
13    Authorize Board to Set Issue Price for    For       Against    Management
      Ten Percent of Issued Capital Pursuant to
      Issue Authority without Preemptive Rights
14    Authorize Board to Increase Capital in    For       For        Management
      the Event of Demand Exceeding Amounts
      Submitted to Shareholder Vote Above
15    Authorize Capital Increase of Up to Ten   For       Against    Management
      Percent for Future Exchange Offers
16    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 60 Million for Bonus Issue or
      Increase in Par Value
17    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
18    Authorize Restricted Stock Plan;          For       Against    Management
      Authorize Use of Up to Ten Percent of
      Issued Capital in Restricted Stock Plan
19    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      70 Million
20    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

LAND SECURITIES GROUP PLC

Ticker:                      Security ID:  GB0031809436
Meeting Date: JUL 14, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 27.2 Pence Per  For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Elect Bo Lerenius as Director             For       For        Management
5     Re-elect Peter Birch as Director          For       For        Management
6     Re-elect Sir Winfried Bischoff as         For       For        Management
      Director
7     Re-elect David Rough as Director          For       For        Management
8     Re-appoint PricewaterhouseCooper LLP as   For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Authorise 46,597,098 Ordinary Shares for  For       For        Management
      Market Purchase
10    Approve Increase in the Aggregate         For       For        Management
      Remuneration of Non-Executive Directors
      from GBP 300,000 to GBP 500,000


--------------------------------------------------------------------------------

LIBERTY INTERNATIONAL PLC (FORMERLY TRANSATLANTIC HOLDI

Ticker:                      Security ID:  GB0006834344
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 14.1 Pence Per  For       For        Management
      Share
3     Elect Richard Cable as Director           For       For        Management
4     Elect Kay Chaldecott as Director          For       For        Management
5     Elect Sir Robert Finch as Director        For       For        Management
6     Elect Ian Henderson as Director           For       For        Management
7     Elect Lesley James as Director            For       For        Management
8     Elect Rob Rowley as Director              For       For        Management
9     Re-elect Michael Rapp as Director         For       For        Management
10    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
11    Approve Remuneration Report               For       For        Management
12    Authorise 32,168,829 Shares for Market    For       For        Management
      Purchase
13    Amend Articles Re:  Treasury Shares       For       For        Management


--------------------------------------------------------------------------------

LONDON MERCHANT SECURITIES PLC

Ticker:                      Security ID:  GB0000444512
Meeting Date: JUL 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 4.4 Pence Per   For       For        Management
      Ordinary Share
4     Re-elect Robert Rayne as Director         For       For        Management
5     Re-elect James Wilson as Director         For       For        Management
6     Re-appoint KPMG Audit Plc as Auditors and For       For        Management
      Authorise Board to Fix Remuneration of
      Auditors
7     Amend the LMS Executive Share Option      For       For        Management
      Scheme
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 4,494,300


--------------------------------------------------------------------------------

MINERVA PLC

Ticker:                      Security ID:  GB0005953681
Meeting Date: NOV 25, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 2.13 Pence Per  For       For        Management
      Share
3     Re-elect Sir David Garrard as Director    For       For        Management
4     Re-elect Christopher Sheridan as Director For       For        Management
5     Approve Remuneration Report               For       For        Management
6     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
7     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 13,394,871
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,009,230
9     Authorise 24,094,694 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

PILLAR PROPERTY PLC (FORMERLY PILLAR PROP. INVESTMENTS)

Ticker:                      Security ID:  GB00B01HL065
Meeting Date: APR 28, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Pillar Capital Reward         For       For        Management
      Incentive Share Plan


--------------------------------------------------------------------------------

PILLAR PROPERTY PLC (FORMERLY PILLAR PROP. INVESTMENTS)

Ticker:                      Security ID:  GB0031780900
Meeting Date: JUL 20, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Share Reorganisation; Adopt New   For       For        Management
      Articles of Association and Approve the
      Cancellation of Any Unissued Ordinary
      Shares or Undesignated Shares Remaining
      After the Consolidation
2     Approve the Cancellation of All of the B  For       For        Management
      Shares of 1.8 Pence Each
3     Approve Share Reorganisation in the Event For       For        Management
      That the Reduction of Capital of the
      Copmany Proposed in Item 2 Does Not
      Become Effective
4     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 2,968,313
5     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights Pursuant to Any Share
      Scheme for Employees or Otherwise up to
      Aggregate Nominal Amount of GBP 449,744
6     Authorise 8,994,887 Ordinary Shares for   For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

PILLAR PROPERTY PLC (FORMERLY PILLAR PROP. INVESTMENTS)

Ticker:                      Security ID:  GB0031780900
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 6.1 Pence Per   For       For        Management
      Ordinary Share
3     Re-elect Humphrey Price as Director       For       For        Management
4     Elect Martin McGann as Director           For       For        Management
5     Elect Andrew Huntley as Director          For       For        Management
6     Elect James Mara as Director              For       Against    Management
7     Re-elect Sir Derek Hornby as Director     For       Against    Management
8     Re-elect Michael Stoddart as Director     For       For        Management
9     Re-appoint KPMG Audit Plc as Auditors and For       For        Management
      Authorise Board to Fix Remuneration of
      Auditors
10    Approve Remuneration Report               For       For        Management
11    Authorise 10,867,103 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

PSP SWISS PROPERTY AG

Ticker:                      Security ID:  CH0018294154
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and Omission For       For        Management
      of Dividends
4     Approve Discharge of Board and Senior     For       For        Management
      Management
5     Amend Prior Authorization to Issue Share  For       For        Management
      Capital
6     Approve CHF 92.9 Million Reduction in     For       For        Management
      Share Capital via Repayment of CHF 1.98
      in Par Value to Current Shareholders
7     Reelect Leonhard Fopp as Director         For       For        Management
8     Reelect PricewaterhouseCoopers AG as      For       For        Management
      Auditors
9     Reelect Dr. Rietmann & Partner AG as      For       For        Management
      Special Auditors


--------------------------------------------------------------------------------

RISANAMENTO SPA (FORMERLY RISANAMENTO NAPOLI)

Ticker:                      Security ID:  IT0001402269
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Fix Number of Directors on the Board;     For       For        Management
      Elect Directors;  Determine Directors'
      Term and Remuneration
3     Elect Reconta Ernst & Young Spa as        For       For        Management
      External Auditors for the Three-Year Term
      2005-2007; Fix Auditors' Remuneration


--------------------------------------------------------------------------------

RODAMCO EUROPE N.V. (FM.RODAMCO CONTINENTAL EUROPE NV)

Ticker:                      Security ID:  NL0000289320
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3     Approve Financial Statements and          For       For        Management
      Statutory Reports
4a    Discussion on Company's Reserves and      None      None       Management
      Dividend Policy
4b    Approve Dividend                          For       For        Management
5     Approve Discharge of Management Board     For       For        Management
6     Approve Discharge of Supervisory Board    For       For        Management
7     Reelect R.F.W. Oordt to Supervisory Board For       For        Management
8     Other Business (Non-Voting)               None      None       Management
9     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

RODAMCO EUROPE N.V. (FM.RODAMCO CONTINENTAL EUROPE NV)

Ticker:                      Security ID:  NL0000289320
Meeting Date: NOV 5, 2004    Meeting Type: Special
Record Date:  OCT 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Increase in Size of Supervisory   For       For        Management
      Board from 7 to 8 Directors Until
      Resignation of A. Timmermans at 2005 AGM
3     Elect F. Cremers, R. ter Haar, and J.     For       For        Management
      Westerburgen to Supervisory Board
4     Other Business (Non-Voting)               None      None       Management
5     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

SHAFTESBURY PLC

Ticker:                      Security ID:  GB0007990962
Meeting Date: JAN 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 2.9 Pence Per   For       For        Management
      Share
4     Re-elect Brian Bicknell as Director       For       For        Management
5     Re-elect Thomas Welton as Director        For       For        Management
6     Re-elect Alastair MacDonald as Director   For       For        Management
7     Re-elect John Manser as Director          For       For        Management
8     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Adopt New Articles of Association         For       For        Management
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 11,000,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,650,000
12    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 100,000
13    Authorise 13,200,000 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

SLOUGH ESTATES PLC

Ticker:                      Security ID:  GB0008141045
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 9.85 Pence Per  For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Richard Kingston as Director     For       For        Management
5     Re-elect Stephen Howard as Director       For       For        Management
6     Re-elect Marshall Lees as Director        For       For        Management
7     Re-elect Paul Orchard-Lisle as Director   For       For        Management
8     Re-elect Lord MacGregor of Pulham Market  For       For        Management
      OBE as Director
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Approve EU Political Organisation         For       For        Management
      Donations and to Incur EU Political
      Expenditure up to GBP 20,000
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 5,242,679
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,242,679
14    Authorise 10 Percent of the Issued        For       For        Management
      Ordinary Shares for Market Purchase


--------------------------------------------------------------------------------

SOCIETE IMMOB. DE LOCATION POUR L'INDUSTRIE ET LE COMM. (SIL

Ticker:                      Security ID:  FR0000050916
Meeting Date: MAY 11, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors and Auditors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 3.17 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Absence of Related-Party
      Transactions for Fiscal Year Ended Dec.
      31, 2004
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
7     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
8     Approve Stock Option Plan Grants          For       Against    Management
9     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SPONDA OYJ

Ticker:                      Security ID:  FI0009006829
Meeting Date: MAR 23, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
1.3   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.4   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.50 Per Share                     Vote
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
1.7   Fix Number of Directors at 6              For       Did Not    Management
                                                          Vote
1.8   Reelect Kaj-Gustaf Bergh, Maija-Liisa     For       Did Not    Management
      Friman, Harri Pynnae, Anssi Soila, and              Vote
      Jarmo Vaeisaenen as Directors; Elect
      Tuula Entelae as New Member
1.9   Appoint KPMG Oy Ab and Fredrik Westerlund For       Did Not    Management
      as Auditors                                         Vote
2     Shareholder Proposal: Establish           None      Did Not    Shareholder
      Nominating Committee                                Vote
3     Authorize Repurchase of Up to Five        For       Did Not    Management
      Percent of Issued Share Capital                     Vote
4     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


--------------------------------------------------------------------------------

UNIBAIL HOLDING(FRMLY UNIBAIL)

Ticker:                      Security ID:  FR0000124711
Meeting Date: DEC 7, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Dividends of EUR 23 Per   For       For        Management
      Share
2     Confirm Payment of Dividends in Cash and  For       For        Management
      Set Payment Date to Jan. 7, 2005
3     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

UNITE GROUP PLC (THE)

Ticker:                      Security ID:  GB0006928617
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 1.67 Pence Per  For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Geoffrey Maddrell as Director    For       For        Management
5     Re-elect Mark Allan as Director           For       For        Management
6     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
7     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 9,283,308
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,392,496


--------------------------------------------------------------------------------

VASTNED OFFICES INDUSTRIAL NV

Ticker:                      Security ID:  NL0000288934
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 30, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Discussion of Developments in Corporate   None      None       Management
      Governance Structure
3     Discussion on Report of Management Board  None      None       Management
4     Approve Financial Statements and          For       For        Management
      Statutory Reports
5     Receive Explanation of Company's Dividend None      None       Management
      and Reservation Policy
6     Approve Dividends                         For       For        Management
7     Approve Discharge of Management Board     For       For        Management
8     Approve Discharge of Supervisory Board    For       For        Management
9     Notes on Remuneration Report              None      None       Management
10    Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Management Board
      Members
11a   Reelect D. van den Bos to Supervisory     For       For        Management
      Board
11b   Elect B.A.G van Nievelt to Supervisory    Against   Against    Management
      Board
12    Other Business (Non-Voting)               None      None       Management
13    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

VASTNED RETAIL NV

Ticker:                      Security ID:  NL0000288918
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 30, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Discussion of Developments in Corporate   None      None       Management
      Governance Structure
3     Discussion on Report of Management Board  None      None       Management
4     Approve Financial Statements and          For       For        Management
      Statutory Reports
5     Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
6     Approve Dividends                         For       For        Management
7     Approve Discharge of Management Board     For       For        Management
8     Approve Discharge of Supervisory Board    For       For        Management
9     Notes on Remuneration Report              None      None       Management
10    Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Management Board
      Members
11a   Reelect D. van den Bos to Supervisory     For       For        Management
      Board
11b   Elect B.A.G van Nievelt to Supervisory    Against   Against    Management
      Board
12    Other Business (Non-Voting)               None      None       Management
13    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

WERELDHAVE NV

Ticker:                      Security ID:  NL0000289213
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Discuss Minutes of Previous Meeting       None      None       Management
3     Receive Report of Management Board        None      None       Management
4     Explanation of Reserves and Dividend      None      None       Management
      Policy
5     Possibility to Pose Questions to Auditor  None      None       Management
6     Approve Financial Statements and          For       For        Management
      Statutory Reports and Approve Dividend of
      EUR 4.50 per Ordinary Share
7     Approve Discharge of Management Board     For       For        Management
8     Approve Discharge of Supervisory Board    For       For        Management
9     Approve Remuneration Policy for           For       For        Management
      Management Board; Approve Unchanged
      Remuneration for Supervisory Board
10.1A Elect P. Essers to Supervisory Board      For       For        Management
10.1B Elect M. den Boogert to Supervisory Board Against   Against    Management
10.2A Elect F. Arp to Supervisory Board         For       For        Management
10.2B Elect H. Oosters to Supervisory Board     Against   Against    Management
11    Ratify PricewaterhouseCoopers N.V. as     For       For        Management
      Auditors
12    Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
13    Allow Questions                           None      None       Management
14    Close Meeting                             None      None       Management


============ MORGAN STANLEY INSTITUTIONAL FUND INC. - FOCUS EQUITY =============
============                       PORTFOLIO                       =============


ALCON INC.

Ticker:       ACL            Security ID:  H01301102
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE 2004 ANNUAL REPORT AND    For       For        Management
      ACCOUNTS OF ALCON, INC. AND THE 2004
      CONSOLIDATED FINANCIAL STATEMENTS OF
      ALCON, INC. AND SUBSIDIARIES
2     APPROPRIATION OF AVAILABLE EARNINGS AND   For       For        Management
      PROPOSED DIVIDEND TO SHAREHOLDERS FOR THE
      FINANCIAL YEAR 2004
3     DISCHARGE OF THE MEMBERS OF THE BOARD OF  For       For        Management
      DIRECTORS
4     ELECTION TO THE BOARD OF DIRECTORS OF:    For       For        Management
      THOMAS G. PLASKETT
5     ELECTION TO THE BOARD OF DIRECTORS OF:    For       For        Management
      WOLFGANG H. REICHENBERGER
6     ELECTION TO THE BOARD OF DIRECTORS OF:    For       For        Management
      CARY RAYMENT
7     ELECTION OF KPMG KLYNVELD PEAT MARWICK    For       For        Management
      GOERDELER SA, ZURICH, AS GROUP AND PARENT
      COMPANY AUDITORS
8     ELECTION OF ZENSOR REVISIONS AG, ZUG, AS  For       For        Management
      SPECIAL AUDITORS


--------------------------------------------------------------------------------

BERKSHIRE HATHAWAY INC.

Ticker:       BRK.A          Security ID:  084670207
Meeting Date: APR 30, 2005   Meeting Type: Annual
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Warren E. Buffett         For       For        Management
1.2   Elect  Director Charles T. Munger         For       For        Management
1.3   Elect  Director Howard G. Buffett         For       For        Management
1.4   Elect  Director Malcolm G. Chace          For       For        Management
1.5   Elect  Director William H. Gates III      For       For        Management
1.6   Elect  Director David S. Gottesman        For       For        Management
1.7   Elect  Director Charlotte Guyman          For       For        Management
1.8   Elect  Director Donald R. Keough          For       For        Management
1.9   Elect  Director Thomas S. Murphy          For       For        Management
1.10  Elect  Director Ronald L. Olson           For       For        Management
1.11  Elect  Director Walter Scott, Jr.         For       For        Management
2     Amend Articles                            For       For        Management
3     Amend Articles                            For       For        Management


--------------------------------------------------------------------------------

BRASCAN CORP (FORMERLY EDPERBRASCAN CORP.)

Ticker:       BNN.LV.A       Security ID:  10549P606
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Decrease in Size of Board         For       For        Management
2.1   Elect Director William A. Dimma           For       For        Management
2.2   Elect Director Lance Liebman              For       For        Management
2.3   Elect Director Philip B. Lind             For       For        Management
2.4   Elect Director Roy MacLaren               For       For        Management
2.5   Elect Director G. Wallace F. McCain       For       For        Management
2.6   Elect Director Jack M. Mintz              For       For        Management
2.7   Elect Director George S. Taylor           For       For        Management
3     Approve Deloitte & Touche as Auditors and For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors


--------------------------------------------------------------------------------

C.H. ROBINSON WORLDWIDE, INC.

Ticker:       CHRW           Security ID:  12541W100
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert Ezrilov            For       For        Management
1.2   Elect  Director Wayne M. Fortun           For       For        Management
1.3   Elect  Director Brian P. Short            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

CARNIVAL CORP.

Ticker:       CCL            Security ID:  143658300
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:  FEB 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Micky Arison              For       For        Management
1.2   Elect  Director Amb Richard G. Capen Jr   For       For        Management
1.3   Elect  Director Robert H. Dickinson       For       For        Management
1.4   Elect  Director Arnold W. Donald          For       For        Management
1.5   Elect  Director Pier Luigi Foschi         For       For        Management
1.6   Elect  Director Howard S. Frank           For       For        Management
1.7   Elect  Director Richard J. Glasier        For       For        Management
1.8   Elect  Director Baroness Hogg             For       For        Management
1.9   Elect  Director A. Kirk Lanterman         For       For        Management
1.10  Elect  Director Modesto A. Maidique       For       For        Management
1.11  Elect  Director John P. Mcnulty           For       For        Management
1.12  Elect  Director Sir John Parker           For       For        Management
1.13  Elect  Director Peter G. Ratcliffe        For       For        Management
1.14  Elect  Director Stuart Subotnick          For       For        Management
1.15  Elect  Director Uzi Zucker                For       For        Management
2     TO APPROVE THE AMENDED AND RESTATED       For       For        Management
      CARNIVAL CORPORATION 2001 OUTSIDE
      DIRECTOR STOCK PLAN.
3     TO APPROVE THE CARNIVAL PLC 2005 EMPLOYEE For       For        Management
      SHARE PLAN.
4     TO APPROVE THE CARNIVAL PLC 2005 EMPLOYEE For       For        Management
      STOCK PURCHASE PLAN.
5     Ratify Auditors                           For       For        Management
6     TO AUTHORIZE THE AUDIT COMMITTEE OF       For       For        Management
      CARNIVAL PLC TO AGREE THE REMUNERATION OF
      THE INDEPENDENT AUDITORS.
7     TO RECEIVE THE ACCOUNTS AND REPORTS FOR   For       For        Management
      CARNIVAL PLC FOR THE FINANCIAL YEAR ENDED
      NOVEMBER 30, 2004.
8     TO APPROVE THE DIRECTORS  REMUNERATION    For       For        Management
      REPORT OF CARNIVAL PLC.
9     TO APPROVE LIMITS ON THE AUTHORITY TO     For       For        Management
      ALLOT SHARES BY CARNIVAL PLC.
10    TO APPROVE THE DISAPPLICATION OF          For       For        Management
      PRE-EMPTION RIGHTS FOR CARNIVAL PLC.
11    TO APPROVE A GENERAL AUTHORITY FOR        For       For        Management
      CARNIVAL PLC TO BUY BACK CARNIVAL PLC
      ORDINARY SHARES IN THE OPEN MARKET.


--------------------------------------------------------------------------------

CHICO

Ticker:       CHS            Security ID:  168615102
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Marvin J. Gralnick        For       Withhold   Management
1.2   Elect  Director John W. Burden, III       For       Withhold   Management
1.3   Elect  Director Stewart P. Mitchell       For       For        Management
1.4   Elect  Director David F. Walker           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CISCO SYSTEMS, INC.

Ticker:       CSCO           Security ID:  17275R102
Meeting Date: NOV 18, 2004   Meeting Type: Annual
Record Date:  SEP 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Carol A. Bartz            For       For        Management
1.2   Elect  Director M. Michele Burns          For       For        Management
1.3   Elect  Director Larry R. Carter           For       For        Management
1.4   Elect  Director John T. Chambers          For       For        Management
1.5   Elect  Director Dr. James F. Gibbons      For       For        Management
1.6   Elect  Director Dr. John L. Hennessy      For       For        Management
1.7   Elect  Director Roderick C. McGeary       For       For        Management
1.8   Elect  Director James C. Morgan           For       For        Management
1.9   Elect  Director John P. Morgridge         For       For        Management
1.10  Elect  Director Donald T. Valentine       For       For        Management
1.11  Elect  Director Steven M. West            For       For        Management
1.12  Elect  Director Jerry Yang                For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Pay Disparity                   Against   Against    Shareholder


--------------------------------------------------------------------------------

CROWN CASTLE INTERNATIONAL CORP.

Ticker:       CCI            Security ID:  228227104
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dale N. Hatfield          For       For        Management
1.2   Elect  Director Lee W. Hogan              For       For        Management
1.3   Elect  Director Robert F. McKenzie        For       For        Management
1.4   Elect  Director Robert E. Garrison, II    For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DELL INC.

Ticker:       DELL           Security ID:  24702R101
Meeting Date: JUL 16, 2004   Meeting Type: Annual
Record Date:  MAY 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Donald J. Carty           For       For        Management
1.2   Elect  Director Michael S. Dell           For       For        Management
1.3   Elect  Director William H. Gray, III      For       For        Management
1.4   Elect  Director Judy C. Lewent            For       For        Management
1.5   Elect  Director Thomas W. Luce, III       For       For        Management
1.6   Elect  Director Klaus S. Luft             For       For        Management
1.7   Elect  Director Alex J. Mandl             For       For        Management
1.8   Elect  Director Michael A. Miles          For       For        Management
1.9   Elect  Director Samuel A. Nunn, Jr.       For       For        Management
1.10  Elect  Director Kevin B. Rollins          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder


--------------------------------------------------------------------------------

EBAY INC.

Ticker:       EBAY           Security ID:  278642103
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Fred D. Anderson          For       For        Management
1.2   Elect  Director Edward W. Barnholt        For       For        Management
1.3   Elect  Director Scott D. Cook             For       For        Management
1.4   Elect  Director Robert C. Kagle           For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Ratify Auditors                           For       For        Management
5     Performance- Based/Indexed Options        Against   Against    Shareholder
6     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

FRANKLIN RESOURCES, INC.

Ticker:       BEN            Security ID:  354613101
Meeting Date: JAN 25, 2005   Meeting Type: Annual
Record Date:  NOV 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Samuel H. Armacost        For       For        Management
1.2   Elect  Director Harmon E. Burns           For       For        Management
1.3   Elect  Director Charles Crocker           For       For        Management
1.4   Elect  Director Robert D. Joffe           For       For        Management
1.5   Elect  Director Charles B. Johnson        For       For        Management
1.6   Elect  Director Rupert H. Johnson, Jr.    For       For        Management
1.7   Elect  Director Thomas H. Kean            For       For        Management
1.8   Elect  Director Chutta Ratnathicam        For       For        Management
1.9   Elect  Director Peter M. Sacerdote        For       For        Management
1.10  Elect  Director Anne M. Tatlock           For       For        Management
1.11  Elect  Director Louis E. Woodworth        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

GENENTECH, INC.

Ticker:       DNA            Security ID:  368710406
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:  FEB 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Herbert W. Boyer          For       Withhold   Management
1.2   Elect  Director William M. Burns          For       Withhold   Management
1.3   Elect  Director Erich Hunziker            For       Withhold   Management
1.4   Elect  Director Jonathan K.C. Knowles     For       Withhold   Management
1.5   Elect  Director Arthur D. Levinson        For       Withhold   Management
1.6   Elect  Director Charles A. Sanders        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GOOGLE INC

Ticker:       GOOG           Security ID:  38259P508
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eric Schmidt              For       For        Management
1.2   Elect  Director Larry Page                For       For        Management
1.3   Elect  Director Sergey Brin               For       For        Management
1.4   Elect  Director L. John Doerr             For       Withhold   Management
1.5   Elect  Director John L. Hennessy          For       For        Management
1.6   Elect  Director Arthur D. Levinson        For       For        Management
1.7   Elect  Director Michael Moritz            For       For        Management
1.8   Elect  Director Paul S. Otellini          For       For        Management
1.9   Elect  Director K. Ram Shriram            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       Against    Management


--------------------------------------------------------------------------------

HOME DEPOT, INC. (THE)

Ticker:       HD             Security ID:  437076102
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gregory D. Brenneman      For       For        Management
1.2   Elect  Director Richard H. Brown          For       For        Management
1.3   Elect  Director John L. Clendenin         For       For        Management
1.4   Elect  Director Berry R. Cox              For       For        Management
1.5   Elect  Director Claudio X. Gonzalez       For       Withhold   Management
1.6   Elect  Director Milledge A. Hart, III     For       For        Management
1.7   Elect  Director Bonnie G. Hill            For       For        Management
1.8   Elect  Director Laban P. Jackson, Jr.     For       For        Management
1.9   Elect  Director Lawrence R. Johnston      For       For        Management
1.10  Elect  Director Kenneth G. Langone        For       For        Management
1.11  Elect  Director Robert L. Nardelli        For       For        Management
1.12  Elect  Director Thomas J. Ridge           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Nomination Procedures for the Board For       Against    Management
4     Approve Omnibus Stock Plan                For       For        Management
5     Prepare Diversity Report                  Against   Against    Shareholder
6     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
7     Limit Executive Compensation              Against   Against    Shareholder
8     Submit Severance Agreement                Against   Against    Shareholder
      (Change-in-Control) to Shareholder Vote
9     Performance- Based/Indexed Options        Against   Against    Shareholder
10    Performance- Based/Indexed Options        Against   Against    Shareholder
11    Affirm Political Nonpartisanship          Against   Against    Shareholder


--------------------------------------------------------------------------------

INTERNATIONAL GAME TECHNOLOGY

Ticker:       IGT            Security ID:  459902102
Meeting Date: MAR 1, 2005    Meeting Type: Annual
Record Date:  JAN 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Neil Barsky               For       For        Management
1.2   Elect  Director Robert A. Bittman         For       For        Management
1.3   Elect  Director Richard R. Burt           For       For        Management
1.4   Elect  Director Leslie S. Heisz           For       For        Management
1.5   Elect  Director Robert A. Mathewson       For       For        Management
1.6   Elect  Director Thomas J. Matthews        For       For        Management
1.7   Elect  Director Robert Miller             For       Withhold   Management
1.8   Elect  Director Frederick B. Rentschler   For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

KINETIC CONCEPTS, INC.

Ticker:       KCI            Security ID:  49460W208
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Leininger, M.D.  For       For        Management
1.2   Elect  Director Dennert O. Ware           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LINEAR TECHNOLOGY CORP.

Ticker:       LLTC           Security ID:  535678106
Meeting Date: NOV 3, 2004    Meeting Type: Annual
Record Date:  SEP 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert H. Swanson, Jr.    For       For        Management
1.2   Elect  Director David S. Lee              For       For        Management
1.3   Elect  Director Leo T. McCarthy           For       For        Management
1.4   Elect  Director Richard M. Moley          For       For        Management
1.5   Elect  Director Thomas S. Volpe           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MARVELL TECHNOLOGY GROUP LTD

Ticker:       MRVL           Security ID:  G5876H105
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kuo Wei 'Herbert' Chang   For       Withhold   Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MEDTRONIC, INC.

Ticker:       MDT            Security ID:  585055106
Meeting Date: AUG 26, 2004   Meeting Type: Annual
Record Date:  JUL 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William R. Brody, M.D.,   For       For        Management
      Ph.D.
1.2   Elect  Director Arthur D. Collins, Jr.    For       For        Management
1.3   Elect  Director Antonio M. Gotto, Jr.,    For       For        Management
      M.D., D. Phil.
2     Ratify Auditors                           For       For        Management
3     Charitable Contributions                  Against   Against    Shareholder


--------------------------------------------------------------------------------

MICROSOFT CORP.

Ticker:       MSFT           Security ID:  594918104
Meeting Date: NOV 9, 2004    Meeting Type: Annual
Record Date:  SEP 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William H. Gates III      For       For        Management
1.2   Elect  Director Steven A. Ballmer         For       For        Management
1.3   Elect  Director James I. Cash Jr., Ph.D.  For       For        Management
1.4   Elect  Director Raymond V. Gilmartin      For       For        Management
1.5   Elect  Director Ann McLaughlin Korologos  For       For        Management
1.6   Elect  Director David F. Marquardt        For       For        Management
1.7   Elect  Director Charles H. Noski          For       For        Management
1.8   Elect  Director Dr. Helmut Panke          For       For        Management
1.9   Elect  Director Jon A. Shirley            For       For        Management
2     Amend Bundled Compensation Plans          For       For        Management
3     Amend Bundled Compensation Plans          For       For        Management
4     Amend Stock Option Plan                   For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MOODY'S CORPORATION

Ticker:       MCO            Security ID:  615369105
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert R. Glauber          For       For        Management
1.2   Elect Director Connie Mack                For       For        Management
1.3   Elect Director Nancy S. Newcomb           For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NETWORK APPLIANCE, INC.

Ticker:       NTAP           Security ID:  64120L104
Meeting Date: SEP 2, 2004    Meeting Type: Annual
Record Date:  JUL 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel J. Warmenhoven     For       For        Management
1.2   Elect  Director Donald T. Valentine       For       For        Management
1.3   Elect  Director Carol A. Bartz            For       For        Management
1.4   Elect  Director Mark Leslie               For       For        Management
1.5   Elect  Director Nicholas G. Moore         For       For        Management
1.6   Elect  Director Sachio Semmoto            For       For        Management
1.7   Elect  Director George T. Shaheen         For       For        Management
1.8   Elect  Director Robert T. Wall            For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NEWS CORPORATION

Ticker:       NWS            Security ID:  652487703
Meeting Date: OCT 26, 2004   Meeting Type: Annual
Record Date:  SEP 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     RE-ELECTION OF MR. KE COWLEY, AS          For       For        Management
      DIRECTOR.
2     RE-ELECTION OF MR. DF DEVOE, AS DIRECTOR. For       For        Management
3     ELECTION OF MR. V DINH, AS DIRECTOR.      For       For        Management
4     ELECTION OF MR. PL BARNES, AS DIRECTOR.   For       For        Management
5     ELECTION OF MR. JL THORNTON, AS DIRECTOR. For       For        Management
6     SHARE SCHEME MEETING OF ORDINARY          For       For        Management
      SHAREHOLDERS. APPROVAL OF THE SHARE
      SCHEME DESCRIBED IN THE INFORMATION
      MEMORANDUM.
7     CAPITAL REDUCTION MEETING. APPROVAL OF    For       For        Management
      THE CAPITAL REDUCTION BY CANCELLATION OF
      ALL SHARES IN THE COMPANY.
8     IF YOU MARK THE AGAINST BOX, YOU WILL NOT For       For        Management
      VOTE AS REGISTERED LEGAL OWNER OF
      NEWSCORP SHARES AND YOUR VOTE WILL NOT BE
      COUNTED IN DETERMINING WHETHER THE SHARE
      SCHEME IS APPROVED BY A MAJORITY IN
      NUMBER OF SHAREHOLDERS VOTING AT THE
      MEETINGS.


--------------------------------------------------------------------------------

PAYCHEX, INC.

Ticker:       PAYX           Security ID:  704326107
Meeting Date: OCT 6, 2004    Meeting Type: Annual
Record Date:  AUG 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director B. Thomas Golisano        For       For        Management
1.2   Elect  Director G. Thomas Clark           For       For        Management
1.3   Elect  Director David J. S. Flaschen      For       For        Management
1.4   Elect  Director Phillip Horsley           For       For        Management
1.5   Elect  Director Grant M. Inman            For       For        Management
1.6   Elect  Director J. Robert Sebo            For       For        Management
1.7   Elect  Director Joseph M. Tucci           For       For        Management


--------------------------------------------------------------------------------

PROCTER & GAMBLE COMPANY, THE

Ticker:       PG             Security ID:  742718109
Meeting Date: OCT 12, 2004   Meeting Type: Annual
Record Date:  JUL 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R. Kerry Clark            For       For        Management
1.2   Elect  Director Joseph T. Gorman          For       For        Management
1.3   Elect  Director Lynn M. Martin            For       For        Management
1.4   Elect  Director Ralph Snyderman, M.D.     For       For        Management
1.5   Elect  Director Robert D. Storey          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Declassify the Board of Directors         Against   For        Management
5     Implement/ Report on Animal Welfare       Against   Against    Shareholder
      Standards


--------------------------------------------------------------------------------

QUALCOMM INC.

Ticker:       QCOM           Security ID:  747525103
Meeting Date: MAR 8, 2005    Meeting Type: Annual
Record Date:  JAN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert E. Kahn            For       For        Management
1.2   Elect  Director Duane A. Nelles           For       Withhold   Management
1.3   Elect  Director Brent Scowcroft           For       For        Management
2     Declassify the Board of Directors and     For       For        Management
      Eliminate Cumulative Voting
3     Increase Authorized Common Stock          For       For        Management
4     Amend Articles                            For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

QUESTAR CORP.

Ticker:       STR            Security ID:  748356102
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Phillips S. Baker, Jr.    For       For        Management
1.2   Elect  Director L. Richard Flury          For       For        Management
1.3   Elect  Director James A. Harmon           For       For        Management
1.4   Elect  Director M.W. Scoggins             For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

SEARS HOLDINGS CORP

Ticker:       SHLD           Security ID:  498780105
Meeting Date: MAR 24, 2005   Meeting Type: Annual
Record Date:  JAN 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Exclusion of Bankruptcy-Related Charter   For       For        Management
      Provision
3     Exclude Rights of Designated Stockholders For       For        Management
      to Designate Directors to the Board of
      Directors
4     Approve Equity Grants to Aylwin B. Lewis  For       For        Management


--------------------------------------------------------------------------------

STATION CASINOS, INC.

Ticker:       STN            Security ID:  857689103
Meeting Date: MAY 18, 2005   Meeting Type: Proxy Contest
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Frank J. Fertitta III      For       None       Management
1.2   Elect Director Lee S. Isgur               For       None       Management
2     Approve Omnibus Stock Plan                For       None       Management
3     Ratify Auditors                           For       None       Management
4     Reduce Supermajority Vote Requirement     Against   None       Shareholder
5     Declassify the Board of Directors         Against   None       Shareholder
6     Submit Shareholder Rights Plan (Poison    Against   None       Shareholder
      Pill) to Shareholder Vote
1.1   Elect Directors Frank J. Fertitta III     None      For        Management
1.2   Elect Director Lee S. Isgur               None      For        Management
2     Approve Omnibus Stock Plan                None      For        Management
3     Ratify Auditors                           None      For        Management
4     Reduce Supermajority Vote Requirement     For       For        Shareholder
5     Declassify the Board of Directors         For       For        Shareholder
6     Submit Shareholder Rights Plan (Poison    For       For        Shareholder
      Pill) to Shareholder Vote


--------------------------------------------------------------------------------

SUNCOR ENERGY INC

Ticker:       SU.            Security ID:  867229106
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Mel E. Benson              For       For        Management
1.2   Elect Director Brian A. Canfield          For       For        Management
1.3   Elect Director Bryan P. Davies            For       For        Management
1.4   Elect Director Brian A. Felesky           For       For        Management
1.5   Elect Director John T. Ferguson           For       For        Management
1.6   Elect Director W. Douglas Ford            For       For        Management
1.7   Elect Director Richard L. George          For       For        Management
1.8   Elect Director John R. Huff               For       For        Management
1.9   Elect Director Robert W. Korthals         For       For        Management
1.10  Elect Director M. Ann McCaig              For       For        Management
1.11  Elect Director Michael W. O'Brien         For       For        Management
1.12  Elect Director JR Shaw                    For       For        Management
2     Ratify PricewaterhouseCoopers LLP as      For       For        Management
      Auditors
3     Amend Shareholder Rights Plan (Poison     For       For        Management
      Pill)


--------------------------------------------------------------------------------

ULTRA PETROLEUM CORP.

Ticker:       UPL            Security ID:  903914109
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Michael D. Watford         For       For        Management
2     Elect Director William C. Helton          For       For        Management
3     Elect Director James E. Nielson           For       For        Management
4     Elect Director Robert E. Rigney           For       For        Management
5     Elect Director James C. Roe               For       For        Management
6     Approve KPMG LLP as Auditors and          For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors
7     Approve 2:1 Stock Split                   For       For        Management
8     Approve 2005 Stock Incentive Plan         For       Against    Management
9     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

UNITEDHEALTH GROUP INCORPORATED

Ticker:       UNH            Security ID:  91324P102
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas H. Kean            For       For        Management
1.2   Elect  Director Robert L. Ryan            For       For        Management
1.3   Elect  Director William G. Spears         For       For        Management
1.4   Elect  Director Gail R. Wilensky, Ph.D.   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Performance- Based/Indexed Options        Against   Against    Shareholder
4     Performance- Based/Indexed Options        Against   Against    Shareholder


--------------------------------------------------------------------------------

UNIVISION COMMUNICATIONS INC.

Ticker:       UVN            Security ID:  914906102
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director A. Jerrold Perenchio       For       Withhold   Management
1.2   Elect Director Anthony Cassara            For       Withhold   Management
1.3   Elect Director Harold Gaba                For       For        Management
1.4   Elect Director Alan F. Horn               For       For        Management
1.5   Elect Director John G. Perenchio          For       Withhold   Management
1.6   Elect Director Ray Rodriguez              For       Withhold   Management
1.7   Elect Director Mchenry T. Tichenor, Jr.   For       Withhold   Management
2     Ratify Auditors                           For       For        Management
3     Adopt Recapitalization Plan Regarding     Against   Against    Shareholder
      Votes Per Share


--------------------------------------------------------------------------------

WAL-MART STORES, INC.

Ticker:       WMT            Security ID:  931142103
Meeting Date: JUN 3, 2005    Meeting Type: Annual
Record Date:  APR 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James W. Breyer           For       For        Management
1.2   Elect  Director M. Michele Burns          For       For        Management
1.3   Elect  Director Douglas N. Daft           For       For        Management
1.4   Elect  Director David D. Glass            For       For        Management
1.5   Elect  Director Roland A. Hernandez       For       For        Management
1.6   Elect  Director John D. Opie              For       For        Management
1.7   Elect  Director J. Paul Reason            For       For        Management
1.8   Elect  Director H. Lee Scott, Jr.         For       For        Management
1.9   Elect  Director Jack C. Shewmaker         For       For        Management
1.10  Elect  Director Jose H. Villarreal        For       For        Management
1.11  Elect  Director John T. Walton            For       For        Management
1.12  Elect  Director S. Robson Walton          For       For        Management
1.13  Elect  Director Christopher J. Williams   For       For        Management
1.14  Elect  Director Linda S. Wolf             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Report on Executive Compensation          Against   Against    Shareholder
5     Prepare Sustainability Report             Against   Against    Shareholder
6     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
7     Report on Political Contributions         Against   Against    Shareholder
8     Prepare Equal Opportunity Report          Against   Against    Shareholder
9     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
10    Require Majority of Independent Directors Against   Against    Shareholder
      on Board
11    Performance- Based/Indexed Options        Against   Against    Shareholder


--------------------------------------------------------------------------------

WM. WRIGLEY JR. CO.

Ticker:       WWY            Security ID:  982526105
Meeting Date: MAR 8, 2005    Meeting Type: Annual
Record Date:  JAN 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John Rau                   For       For        Management
1.2   Elect Director Richard K. Smucker         For       For        Management
1.3   Elect Director William Wrigley, Jr.       For       For        Management
2     Increase Authorized Common Stock          For       Against    Management
3     Ratify Auditors                           For       For        Management
4     Proposal Regarding a Change to Proxy Card Against   Against    Shareholder
      Features


--------------------------------------------------------------------------------

WYNN RESORTS LTD

Ticker:       WYNN           Security ID:  983134107
Meeting Date: MAY 2, 2005    Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Kazuo Okada                For       For        Management
1.2   Elect Director Robert J. Miller           For       For        Management
1.3   Elect Director Kiril Sokoloff             For       For        Management
1.4   Elect Director Allan Zeman                For       For        Management
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

YAHOO!, INC.

Ticker:       YHOO           Security ID:  984332106
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Terry S. Semel             For       For        Management
1.2   Elect Director Jerry Yang                 For       For        Management
1.3   Elect Director Roy J. Bostock             For       For        Management
1.4   Elect Director Ronald W. Burkle           For       For        Management
1.5   Elect Director Eric Hippeau               For       For        Management
1.6   Elect Director Arthur H. Kern             For       For        Management
1.7   Elect Director Robert A. Kotick           For       For        Management
1.8   Elect Director Edward R. Kozel            For       For        Management
1.9   Elect Director Gary L. Wilson             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management




========== MORGAN STANLEY INSTITUTIONAL FUND INC. - GLOBAL FRANCHISE ===========
==========                         PORTFOLIO                         ===========


ALLIED DOMECQ PLC

Ticker:       ALLYY          Security ID:  GB0007294571
Meeting Date: JAN 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 9.67 Pence Per  For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Graham Hetherington as Director  For       For        Management
5     Re-elect David Scotland as Director       For       For        Management
6     Re-elect Richard Turner as Director       For       For        Management
7     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 92,214,192.75
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 13,832,128.75
11    Authorise 110,657,031 Shares for Market   For       For        Management
      Purchase
12    Authorise EU Political Donations up to    For       For        Management
      GBP 80,000 and to Incur EU Political
      Expenditure up to GBP 20,000
13    Approve Allied Domecq PLC Performance     For       For        Management
      Share Plan 2005
14    Amend Allied Domecq PLC Long Tern         For       For        Management
      Incentive Scheme 1999


--------------------------------------------------------------------------------

ALTADIS S.A. (FORMERLY TABACALERA, S.A.)

Ticker:                      Security ID:  ES0177040013
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, Allocation of
      Income and Distribution of Dividend, and
      Discharge Directors
2     Fix Number of Directors; Ratify and       For       For        Management
      Reelect Directors
3     Approve Auditors for Company and          For       For        Management
      Consolidated Group
4     Amend Articles Re: Board                  For       For        Management
      Composition/Election, Board Meetings,
      Board Representation, Executive's
      Committee Composition and Meetings,
      Creation of a Strategic, Ethic, and
      Corporate Governance Committee, and
      Creation of 'Consejero Delegado' Position
5     Approve Reduction in Capital Via          For       For        Management
      Amortization of Shares; Amend Articles
      Accordingly
6     Authorize Repurchase of Shares            For       For        Management
7     Authorize Issuance of Non-Convertible     For       For        Management
      Bonds/Debentures or Other Debt
      Instruments
8     Approve Stock Option Plan for Management, For       For        Management
      Directors, and Employees
9     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

BRITISH AMERICAN TOBACCO PLC

Ticker:                      Security ID:  GB0002875804
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 29.2 Pence Per  For       For        Management
      Ordinary Share
4     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
5     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
6a    Re-elect Kenneth Clarke as Director       For       For        Management
6b    Re-elect Paul Rayner as Director          For       For        Management
6c    Re-elect Thys Visser as Director          For       For        Management
7a    Re-elect Piet Beyers as Director          For       For        Management
7b    Re-elect Robert Lerwill as Director       For       For        Management
7c    Re-elect Sir Nicholas Scheele as Director For       For        Management
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 178,421,446
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 26,763,216
10    Authorise 214.1 Million Ordinary Shares   For       For        Management
      for Market Purchase
11    Approve EU Political Donations up to GBP  For       For        Management
      1,000,000 and Incur EU Political
      Expenditure up to GBP 1,000,000
12    Amend British American Tobacco Long-Term  For       For        Management
      Incentive Plan


--------------------------------------------------------------------------------

CADBURY SCHWEPPES PLC

Ticker:       CSG            Security ID:  GB0006107006
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 8.7 Pence Per   For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Wolfgang Berndt as Director      For       For        Management
5     Re-elect Bob Stack as Director            For       For        Management
6     Elect Rosemary Thorne as Director         For       For        Management
7     Re-elect Baroness Wilcox as Director      For       For        Management
8     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 85,680,000
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 12,980,000
12    Authorise 25,960,000 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

CAPITAL RADIO PLC

Ticker:                      Security ID:  GB0001742393
Meeting Date: APR 15, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement with GWR Group   For       For        Management
      plc
2     Approve Increase in Authorised Capital to For       For        Management
      GBP 5,000,000; Pursuant to Issue of
      Equity or Equity-Linked Securities with
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,032,411 Pursuant
      to Merger and Otherwise up to GBP
      1,370,723
3     Change Company Name to GCap Media Plc     For       For        Management
4     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 205,609
5     Authorise 16,448,682 Ordinary Shares for  For       For        Management
      Market Purchase
6     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 800,000


--------------------------------------------------------------------------------

CAPITAL RADIO PLC

Ticker:                      Security ID:  GB0001742393
Meeting Date: JAN 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 12.5 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect David Mansfield as Director      For       For        Management
5     Re-elect Peter Harris as Director         For       For        Management
6     Re-elect Barbara Thomas as Director       For       For        Management
7     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Re-new Capital Radio Savings-Related      For       For        Management
      Share Option Scheme
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 364,374
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 106,781
12    Authorise 8,542,504 Shares for Market     For       For        Management
      Purchase


--------------------------------------------------------------------------------

DIAGEO PLC (FORMERLY GUINNESS PLC)

Ticker:                      Security ID:  GB0002374006
Meeting Date: OCT 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 17 Pence Per    For       For        Management
      Ordinary Share
4     Re-elect Lord Hollick of Notting Hill as  For       For        Management
      Director
5     Re-elect Nick Rose as Director            For       For        Management
6     Re-elect Paul Walker as Director          For       For        Management
7     Elect Todd Stitzer as Director            For       For        Management
8     Elect Jon Symonds as Director             For       For        Management
9     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise Board to Fix Remuneration of
      Auditors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 44,234,986
11    Amend Articles of Association Re:         For       For        Management
      Treasury Shares
12    Authorise 305,752,223 Shares for Market   For       For        Management
      Purchase
13    Amend Diageo Long Term Incentive Plan     For       For        Management
14    Amend Diageo Executive Share Option Plan  For       For        Management
15    Amend Discretionary Incentive Plan        For       For        Management
16    Amend Diageo 2001 Share Incentive Plan    For       For        Management
17    Amend Diageo UK Sharesave Scheme 2000     For       For        Management
18    Amend Diageo 1999 Irish Sharesave Scheme  For       For        Management
19    Amend Diageo Long Term Incentive Plan     For       For        Management


--------------------------------------------------------------------------------

GLAXOSMITHKLINE PLC (FORMERLY GLAXO WELLCOME PLC )

Ticker:       GSK            Security ID:  GB0009252882
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Sir Christopher Gent as Director    For       For        Management
4     Elect Sir Deryck Maughan as Director      For       For        Management
5     Elect Julian Heslop as Director           For       For        Management
6     Re-elect Jean-Pierre Garnier as Director  For       For        Management
7     Re-elect Sir Ian Prosser as Director      For       For        Management
8     Re-elect Ronaldo Schmitz as Director      For       For        Management
9     Re-elect Lucy Shapiro as Director         For       For        Management
10    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
11    Authorise the Audit Committee to Fix      For       For        Management
      Remuneration of the Auditors
12    Approve EU Political Donations up to GBP  For       For        Management
      50,000 and Incur EU Political Expenditure
      up to GBP 50,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 73,301,955
14    Authorise 586,415,642 Ordinary Shares for For       For        Management
      Market Purchase
15    Amend Articles of Association Re:         For       For        Management
      Shareholder Resolutions
16    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors
17    Amend Articles of Association Re:         For       For        Management
      Participation of a Proxy in a Meeting


--------------------------------------------------------------------------------

GROUPE DANONE

Ticker:       DA             Security ID:  FR0000120644
Meeting Date: APR 22, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.35 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Bruno Bonnell as Director         For       For        Management
6     Reelect Michel David-Weill as Director    For       For        Management
7     Reelect Jacques Nahmias as Director       For       For        Management
8     Reelect Jacques Vincent as Director       For       For        Management
9     Reelect Hirokatsu Hirano as Director      For       For        Management
10    Reelect Jean Laurent as Director          For       For        Management
11    Elect Bernard Hours as Director           For       For        Management
12    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
13    Authorize Issuance of Bonds/Debentures in For       For        Management
      the Aggregate Value of EUR 2 Billion
14    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 45 Million
15    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 33 Million
16    Authorize Board to Increase Capital in    For       For        Management
      the Event of Demand Exceeding Amounts
      Proposed in Items 14 and 15
17    Authorize Capital Increase of Up to EUR   For       For        Management
      33 Million for Future Exchange Offers
18    Authorize Capital Increase of Up to Ten   For       For        Management
      Percent of Issued Capital for Future
      Exchange Offers
19    Authorize Issuance of Securities          For       For        Management
      Convertible Into Debt
20    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 33 Million for Bonus Issue or
      Increase in Par Value
21    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
22    Approve Stock Option Plan Grants          For       Against    Management
23    Authorize Issuance of Up to 0.4 Percent   For       Against    Management
      of Issued Capital For Restricted Stock
      Plan
24    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
25    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

IMPERIAL TOBACCO GROUP PLC

Ticker:       ITY            Security ID:  GB0004544929
Meeting Date: FEB 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 35 Pence Per    For       For        Management
      Share
4     Re-elect Anthony Alexander as Director    For       For        Management
5     Re-elect Derek Bonham as Director         For       For        Management
6     Re-elect Gareth Davis as Director         For       For        Management
7     Re-elect Robert Dyrbus as Director        For       For        Management
8     Elect Susan Murray as Director            For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11.1  Authorise the Company to Make EU          For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.2  Authorise Imperial Tobacco Ltd. to Make   For       For        Management
      EU Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.3  Authorise Imperial Tobacco International  For       For        Management
      Ltd. to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.4  Authorise Van Nelle Tabak Nederland B.V.  For       For        Management
      to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.5  Authorise John Player & Sons Ltd. to Make For       For        Management
      EU Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.6  Authorise Reemtsma Cigarettenfabriken     For       For        Management
      GmbH to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.7  Authorise Ets L. Lacroix Fils NV/SA to    For       For        Management
      Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
12    Approve Imperial Tobacco Group            For       For        Management
      International Sharesave Plan
13    Amend Imperial Tobacco Group Share        For       For        Management
      Matching Scheme
14    Amend Imperial Tobacco Group Long Term    For       For        Management
      Incentive Plan
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 24,300,000
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,645,000
17    Authorise 72,900,000 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

KONE CORPORATION

Ticker:                      Security ID:  FI0009000566
Meeting Date: DEC 17, 2004   Meeting Type: Special
Record Date:  DEC 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Demerger                          For       Did Not    Management
                                                          Vote
2     Change Fiscal Year End to March 31        For       Did Not    Management
                                                          Vote
3     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


--------------------------------------------------------------------------------

KONE CORPORATION

Ticker:                      Security ID:  FI0009013403
Meeting Date: JUN 17, 2005   Meeting Type: Special
Record Date:  JUN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors at 8; Elect Reino For       Did Not    Management
      Hanhinen as Director                                Vote
2     Authorize Repurchase of Up to 6.4 Million For       Did Not    Management
      Shares                                              Vote
3     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


--------------------------------------------------------------------------------

KONE CORPORATION

Ticker:                      Security ID:  FI0009000566
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
5     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
6     Fix Number of Directors: Approve Their    For       Did Not    Management
      Remuneration                                        Vote
7     Fix Number of Auditors: Approve Their     For       Did Not    Management
      Remuneration                                        Vote
8     Elect Directors                           For       Did Not    Management
                                                          Vote
9     Appoint Auditors and Deputy Auditors      For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

NESTLE SA

Ticker:       NESAY          Security ID:  CH0012056047
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Accept Financial Statements and Statutory For       For        Management
      Reports
1b    Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 8.00 per Share
4a    Amend Articles of Association to Separate Against   For        Shareholder
      Position of CEO and Chairman of the Board
4b    Amend Articles of Association to Reduce   Against   For        Shareholder
      Board Terms from Five Years to Three
      Years; Approve Individual Election of
      Board Members
4c    Amend Articles of Association to Reduce   Against   Against    Shareholder
      Threshold for Submitting Shareholder
      Proposals From CHF 1 Million to CHF
      100,000
5     Elect Guenter Blobel as Director          For       For        Management
6     Ratify KPMG Klynveld Peat Marwick         For       For        Management
      Goerdeler SA as Auditors


--------------------------------------------------------------------------------

NOVARTIS AG

Ticker:       NVS            Security ID:  CH0012005267
Meeting Date: MAR 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.05 per Share
4     Approve CHF 19 Million Reduction in Share For       For        Management
      Capital via Share Cancellation
5     Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital
6.1   Reelect Birgit Breuel as Director         For       For        Management
6.2   Reelect Peter Burckhardt as Director      For       For        Management
6.3   Reelect Alexandre Jetzer as Director      For       For        Management
6.4   Reelect Pierre Landolt as Director        For       For        Management
6.5   Reelect Ulrich Lehner as Director         For       For        Management
7     Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

NUMICO N.V.(FORMERLY NUTRICIA N.V.)

Ticker:                      Security ID:  NL0000375616
Meeting Date: MAR 18, 2005   Meeting Type: Special
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Acquisition of Mellin S.p.A.      For       For        Management
      (Baby Food Business in Italy)
3.a   Authorize Management Board to Issue       For       For        Management
      6,711,409 Shares in Connection with
      Acquisition of Mellin S.p.A.
3.b   Authorize Management Board to Exclude     For       For        Management
      Preemptive Rights from Issuance Under
      Item 3.a
4     Other Business (Non-Voting)               None      None       Management
5     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

NUMICO N.V.(FORMERLY NUTRICIA N.V.)

Ticker:                      Security ID:  NL0000375616
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Supervisory Board and   None      None       Management
      Executive Board
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Approve Discharge of Executive Board      For       For        Management
3c    Approve Discharge of Supervisory Board    For       For        Management
4     Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
5     Ratify PricewaterhouseCoopers Accountants For       For        Management
      N.V. as Auditors
6     Receive Explanation of Corporate          None      None       Management
      Governance Statement
7     Approve Remuneration of Supervisory Board For       For        Management
8a    Reelect Chris Britton to Executive Board  For       For        Management
8b    Reelect Rudy Mareel to Executive Board    For       For        Management
8c    Reelect Niraj Mehra to Executive Board    For       For        Management
9a    Elect Steven Schuit to Supervisory Board  For       For        Management
9b    Elect Marco Fossati to Supervisory Board  For       For        Management
10a   Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares Up to Ten Percent of
      Issued Share Capital (20 Percent in
      Connection with Merger or Acquisition)
10b   Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 10a
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Other Business (Non-Voting)               None      None       Management
13    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

RECKITT BENCKISER PLC (FORMERLY RECKITT & COLMAN PLC )

Ticker:                      Security ID:  GB0007278715
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 18 Pence Per    For       For        Management
      Share
4     Re-elect Adrian Bellamy as Director       For       For        Management
5     Re-elect George Greener as Director       For       For        Management
6     Elect Graham Mackay as Director           For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 25,438,000
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,815,000
10    Authorise 72,500,000 Shares for Market    For       For        Management
      Purchase
11    Approve Reckitt Benckiser 2005            For       For        Management
      Savings-Related Share Option Plan
12    Approve Reckitt Benckiser 2005 Global     For       For        Management
      Stock Profit Plan
13    Approve Reckitt Benckiser 2005 USA        For       For        Management
      Savings-Related Share Option Plan
14    Amend Reckitt Benckiser Senior Executive  For       For        Management
      Share Ownership Policy Plan


--------------------------------------------------------------------------------

REED ELSEVIER NV (FORMERLY ELSEVIER NV)

Ticker:       ELNVY          Security ID:  NL0000349488
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Executive Board         None      None       Management
3     Approve Financial Statements and          For       For        Management
      Statutory Reports
4     Discussion about Company's Corporate      None      None       Management
      Governance Structure
5     Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Executive Board
      Members
6a    Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
6b    Approve Allocation of Income and Total    For       For        Management
      Dividend of EUR 0.33 Per Share
7     Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
8a    Approve Discharge of Executive Board      For       For        Management
8b    Approve Discharge of Supervisory Board    For       For        Management
9     Ratify Deloitte Accountants B.V. as       For       For        Management
      Auditors
10a   Elect Jan Hommen to Supervisory Board     For       For        Management
10b   Elect Strauss Zelnick to Supervisory      For       For        Management
      Board
11a   Elect Erik Engstrom to Executive Board    For       For        Management
11b   Reelect Mark Armour to Executive Board    For       For        Management
11c   Reelect Sir Crispin Davis to Executive    For       For        Management
      Board
11d   Reelect Andrew Prozes to Executive Board  For       For        Management
12    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
13a   Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares Up to 10 Percent of
      Issued Share Capital
13b   Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 13a
14    Other Business (Non-Voting)               None      None       Management
15    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  FR0000120578
Meeting Date: DEC 13, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption of Aventis   For       For        Management
      by Sanofi-Aventis; Authorize Issuance of
      19.1 Million Shares to Compensate Aventis
      Minority Shareholders
2     Approve Accounting Treatment of           For       For        Management
      Absorption
3     Assume Obligations of 257,248 Outstanding For       For        Management
      Aventis Warrants; Authorize Issuance of
      Up to 301,984 Sanofi-Aventis Shares to
      Satisfy Conversion of Aventis Warrants
4     Assume Obligations of 48.08 Million       For       For        Management
      Outstanding Aventis Stock Options;
      Authorize Issuance of Sanofi-Aventis
      Shares to Satisfy Conversion of Aventis
      Stock Options
5     Set Dec. 31, 2004, as Effective Date of   For       For        Management
      Merger and Related Capital Increase to
      Aventis Minority Shareholders
6     Amend Articles to Reflect Changes in      For       For        Management
      Capital
7     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  FR0000120578
Meeting Date: MAY 31, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.20 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Ratify PricewaterhouseCoopers Audit as    For       For        Management
      Auditor
6     Ratify Pierre Coll as Alternate Auditor   For       For        Management
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Cancel Outstanding Debt Issuance          For       For        Management
      Authority
9     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 1.4 Billion; Authorize Global Limit
      of EUR 1.6 Billion
10    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 840 Million
11    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 500 Million for Bonus Issue or
      Increase in Par Value
12    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      Proposed in Issuance Authorities Above
13    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Approve Stock Option Plan Grants          For       Against    Management
15    Authorize Up to 1 Percent of Issued       For       Against    Management
      Capital For Use in Restricted Stock Plan
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SMG PLC(FORMERLY SCOTTISH MEDIA GROUP PLC)

Ticker:                      Security ID:  GB0004325402
Meeting Date: JUN 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 1.5 Pence Per   For       For        Management
      Ordinary Share
3     Approve SMG plc 2005 Executive Long-Term  For       For        Management
      Incentive Plan
4     Approve Remuneration Report               For       For        Management
5     Elect Chris Masters as Director           For       For        Management
6     Elect Mary Rainey as Director             For       For        Management
7     Re-elect Donal Emslie as Director         For       For        Management
8     Re-elect Allan Shiach as Director         For       For        Management
9     Appoint PricewaterhouseCoopers LLP as     For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 2,616,503
11    Adopt New Articles of Association         For       For        Management
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 392,868
13    Authorise 31,429,469 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

SWEDISH MATCH AB

Ticker:                      Security ID:  SE0000310336
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive President's,             Vote
      Board, and Committee Reports
7     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8     Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 1.90 Per Share                     Vote
9     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees                                           Vote
10    Amend Articles Re: Set Range for Minimum  For       Did Not    Management
      (SEK 300 Million) and Maximum (SEK 1.2              Vote
      Billion) Issued Share Capital
11    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
12    Approve Reissuance of 907,408 Repurchased For       Did Not    Management
      Shares for 1999-2004 Stock Option Plans             Vote
13    Approve SEK 28.8 Million Reduction in     For       Did Not    Management
      Share Capital via Share Cancellation                Vote
14    Approve Reduction in Share Capital via    For       Did Not    Management
      Lowering of Par Value from SEK 2.40 to              Vote
      SEK 1.20
15    Approve SEK 114 Million Transfer of       For       Did Not    Management
      Reserves to Unrestricted Shareholders'              Vote
      Equity
16    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
17    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
18    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 750,000 for Chairman and              Vote
      SEK 300,000 for Other Directors; Approve
      Remuneration for Committee Work in the
      Aggregate Amount of SEK 400,000
19    Reelect Bernt Magnusson, Jan Blomberg,    For       Did Not    Management
      Tuve Johannesson, Arne Jurbrant, Karsten            Vote
      Slotte, and Meg Tiveus as Directors;
      Elect Sven Hindrikes and Kersti
      Strandqvist as New Directors
20    Approve Amendment of Instructions for     For       Did Not    Management
      Nomination Committee                                Vote
21    Elect Joachim Spetz, Marianne Nilsson,    For       Did Not    Management
      Carl Rosen, Pernilla Klein, and Bernt               Vote
      Magnusson as Members of Nominating
      Committee
22    Amend Articles Re: Stipulate that General For       Did Not    Management
      Meeting Approves Remuneration of                    Vote
      Chairman, Other Directors, and Committee
      Members, Respectively; Stipulate that
      Board Chairman Be Elected By General
      Meeting
23    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

UNILEVER PLC

Ticker:       UL             Security ID:  GB0005748735
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 12.82 Pence Per For       For        Management
      Ordinary Share
4     Re-elect Patrick Cescau as Director       For       For        Management
5     Re-elect Kees Van Der Graaf as Director   For       For        Management
6     Re-elect Rudy Markham as Director         For       For        Management
7     Elect Ralph Kugler as Director            For       For        Management
8     Elect Anthony Burgmans as Director        For       For        Management
9     Re-elect Lord Brittan as Director         For       For        Management
10    Re-elect Baroness Chalker as Director     For       For        Management
11    Re-elect Bertrand Collomb as Director     For       For        Management
12    Re-elect Wim Dik as Director              For       For        Management
13    Re-elect Oscar Fanjul as Director         For       For        Management
14    Re-elect Hilmar Kopper as Director        For       For        Management
15    Re-elect Lord Simon as Director           For       For        Management
16    Re-elect Jeroen Van Der Veer as Director  For       For        Management
17    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
18    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
19    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 13,450,000
20    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,000,000
21    Authorise 290,000,000 Ordinary Shares for For       For        Management
      Market Purchase
22    Amend Articles of Association Re:         For       For        Management
      Delegation to Chief Executive
23    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors
24    Approve Unilever Global Performance Share For       For        Management
      Plan 2005
25    Approve Unilever PLC 2005 ShareSave Plan  For       For        Management


--------------------------------------------------------------------------------

WOLTERS KLUWER NV

Ticker:       WTKWY          Security ID:  NL0000395887
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:  APR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2a    Receive Report of Management Board        None      None       Management
2b    Receive Report of Supervisory Board       None      None       Management
2c    Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
2d    Approve Financial Statements and          For       For        Management
      Statutory Reports
2e    Approve Dividend of EUR 0.55 Per Ordinary For       For        Management
      Share
3a    Approve Discharge of Management Board     For       For        Management
3b    Approve Discharge of Supervisory Board    For       For        Management
4     Discussion on Company's Corporate         None      None       Management
      Governance Report
5     Amend Articles to Reflect Amendments to   For       For        Management
      Book 2 of Dutch Civil Code on Two-tiered
      Company Regime
6a    Reelect A.J. Frost to Supervisory Board   For       For        Management
6b    Reelect P.N. Wakkie to Supervisory Board  For       For        Management
7     Approve Remuneration of Supervisory Board For       For        Management
8a    Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares Up To 10% of Issued
      Capital To Be Increased By 10% In Case of
      Merger or Acquisition
8b    Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 8a
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Ratify KPMG as Auditors                   For       For        Management
11    Other Business (Non-Voting)               None      None       Management
12    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

WPP GROUP PLC

Ticker:       WPPG10         Security ID:  GB0009740423
Meeting Date: JUN 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 5.28 Pence Per  For       For        Management
      Ordinary Share
3     Elect Lubna Olayan as Director            For       For        Management
4     Elect Jeffrey Rosen as Director           For       For        Management
5     Elect Mark Read as Director               For       For        Management
6     Re-elect Sir Martin Sorrell as Director   For       For        Management
7     Re-elect Stanley Morten as Director       For       Abstain    Management
8     Re-elect John Quelch as Director          For       For        Management
9     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 42,115,797
11    Authorise 126,473,866 Ordinary Shares for For       For        Management
      Market Purchase
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,323,693
13    Approve Remuneration Report               For       For        Management


--------------------------------------------------------------------------------

ZARDOYA OTIS, S.A.

Ticker:                      Security ID:  ES0184933812
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual and Consolidated        For       For        Management
      Financial Statements and Statutory
      Reports for Fiscal Year Ended 11-30-04
2     Approve Allocation of Income for Fiscal   For       For        Management
      Year 2004
3     Approve Dividends and Discharge Directors For       For        Management
4     Elect Directors                           For       For        Management
5     Approve Auditors for Fiscal Year 2005     For       For        Management
6     Amend Article 4 of the Bylaws Related to  For       For        Management
      Company Purpose
7     Authorize Capitalization of Reserves for  For       For        Management
      a 1:10 Share Issue
8     Authorize Share Repurchase Program        For       For        Management
9     Allow Questions                           For       For        Management
10    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
11    Approve Minutes of Meeting                For       For        Management




========= MORGAN STANLEY INSTITUTIONAL FUND INC. - GLOBAL VALUE EQUITY =========
=========                          PORTFOLIO                           =========


ALCOA INC.

Ticker:       AA             Security ID:  013817101
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:  JAN 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph T. Gorman           For       For        Management
1.2   Elect Director Klaus Kleinfeld            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ALLIED DOMECQ PLC

Ticker:       ALLYY          Security ID:  GB0007294571
Meeting Date: JAN 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 9.67 Pence Per  For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Graham Hetherington as Director  For       For        Management
5     Re-elect David Scotland as Director       For       For        Management
6     Re-elect Richard Turner as Director       For       For        Management
7     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 92,214,192.75
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 13,832,128.75
11    Authorise 110,657,031 Shares for Market   For       For        Management
      Purchase
12    Authorise EU Political Donations up to    For       For        Management
      GBP 80,000 and to Incur EU Political
      Expenditure up to GBP 20,000
13    Approve Allied Domecq PLC Performance     For       For        Management
      Share Plan 2005
14    Amend Allied Domecq PLC Long Tern         For       For        Management
      Incentive Scheme 1999


--------------------------------------------------------------------------------

ALTRIA GROUP, INC.

Ticker:       MO             Security ID:  02209S103
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director  Elizabeth E. Bailey       For       For        Management
1.2   Elect Director Harold Brown               For       For        Management
1.3   Elect Director Mathis Cabiallavetta       For       For        Management
1.4   Elect Director Louis C. Camilleri         For       For        Management
1.5   Elect Director J. Dudley Fishburn         For       For        Management
1.6   Elect Director Robert E. R. Huntley       For       For        Management
1.7   Elect Director Thomas W. Jones            For       Withhold   Management
1.8   Elect Director George Munoz               For       For        Management
1.9   Elect Director Lucio A. Noto              For       For        Management
1.10  Elect Director John S. Reed               For       For        Management
1.11  Elect Director Carlos Slim Helu           For       For        Management
1.12  Elect Director Stephen M. Wolf            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management
5     Eliminate Animal Testing                  Against   Against    Shareholder
6     Product Warnings for Pregnant Women       Against   Against    Shareholder
7     Cease Use of Light and Ultra Light in     Against   Against    Shareholder
      Cigarette Marketing
8     Apply Fire Safety Standards for           Against   Against    Shareholder
      Cigarettes


--------------------------------------------------------------------------------

AMERICAN ELECTRIC POWER CO.

Ticker:       AEP            Security ID:  025537101
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director E.R. Brooks               For       Withhold   Management
1.2   Elect  Director Donald M. Carlton         For       For        Management
1.3   Elect  Director John P. DesBarres         For       For        Management
1.4   Elect  Director Robert W. Fri             For       For        Management
1.5   Elect  Director William R. Howell         For       For        Management
1.6   Elect  Director Lester A. Hudson, Jr.     For       For        Management
1.7   Elect  Director Michael G. Morris         For       For        Management
1.8   Elect  Director Lionel L. Nowell III      For       For        Management
1.9   Elect  Director Richard L. Sandor         For       For        Management
1.10  Elect  Director Donald G. Smith           For       For        Management
1.11  Elect  Director Kathryn D. Sullivan       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Submit Executive Retirement Plan to       Against   Against    Shareholder
      Shareholder Vote


--------------------------------------------------------------------------------

ASTELLAS PHARMA INC. (FRMLY. YAMANOUCHI PHARMACEUTICAL CO. LTD.)

Ticker:                      Security ID:  JP3942400007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 16, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditors, and Special
      Payments to Continuing Directors and
      Statutory Auditor in Connection with
      Abolition of Retirement Bonus System
4     Approve Deep Discount Stock Option Plan   For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

BAA PLC

Ticker:       BAAPY          Security ID:  GB0000673409
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 13.4 Pence Per  For       For        Management
      Ordinary Share
4     Elect Tony Ball as Director               For       For        Management
5     Elect Robert Walker as Director           For       For        Management
6     Re-elect Mike Clasper as Director         For       For        Management
7     Re-elect Margaret Ewing as Director       For       For        Management
8     Re-elect Mike Toms as Director            For       For        Management
9     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 53,552,000
12    Cancel the Special Rights Redeemable      For       For        Management
      Preference Share and Reduce Stated
      Capital from GBP 1,300,000,001 to GBP
      1,300,000,000
13    Amend Articles of Association Re: Special For       For        Management
      Share
14    Approve the BAA Performance Share Plan    For       For        Management
15    Authorise the Company to Make EU          Against   Against    Management
      Political Donations and Incur Political
      Expenditure up to Aggregate Nominal
      Amount of GBP 1,250,000


--------------------------------------------------------------------------------

BANCO BILBAO VIZCAYA ARGENTARIA

Ticker:       BBV            Security ID:  ES0113211835
Meeting Date: FEB 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, Allocation of
      Income and Distribution of Dividend, and
      Discharge Directors
2     Fix Number of Directors; Reelect          For       For        Management
      Directors
3     Authorize Additional Issuance of          For       For        Management
      Nonconvertible Bonds up to Aggregate
      Nominal Amount of EUR 50 Billion
4     Authorize Repurchase of Shares By Company For       For        Management
      and/or Subsidiaries
5     Reelect Deloitte & Touche Espana, S.L. as For       For        Management
      Auditors
6     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

BANCO BILBAO VIZCAYA ARGENTARIA

Ticker:       BBV            Security ID:  ES0113211835
Meeting Date: JUN 13, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize EUR 260.3 Million Increase in   For       For        Management
      Capital Through the Issuance of 531.1
      Million New Ordinary Shares without
      Preemptive Rights Re: Share Exchange
      Resulting from Tender Offer for Shares of
      Banca Nazionale del Lavoro; Amend Article
      5 Accordingly
2     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

BANK OF IRELAND GROUP

Ticker:       IRE            Security ID:  IE0030606259
Meeting Date: JUL 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends                         For       For        Management
3a    Elect David Dilger as a Director          For       For        Management
3b    Elect George Magan as a Director          For       For        Management
3c    Elect Sir Michael Hodgkinson as a         For       For        Management
      Director
3d    Elect Declan McCourt as a Director        For       For        Management
3e    Elect Terry Neill as a Director           For       For        Management
3f    Reelect Laurence Crowley as a Director    For       For        Management
3g    Reelect Maurice Keane as a Director       For       For        Management
3h    Reelect Caroline Marland as a Director    For       For        Management
3i    Reelect Raymond MacSharry as a Director   For       For        Management
3j    Reelect Thomas Moran as a Director        For       For        Management
3k    Reelect Mary Redmond as a Director        For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
5     Approve Remuneration of EUR 1 Million for For       For        Management
      Non-Executive Directors
6     Authorize Repurchase 95,611,133 Ordinary  For       For        Management
      Shares; 1,876,090 Sterling Preference
      Shares; and 3,026,598 Euro Preference
      Shares
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Authorize Board to Allot Up to EUR 30.9   For       For        Management
      Million in Equity Securities for Cash
      without Preemptive Rights
9     Authorize Board to Allot Equity           For       For        Management
      Securities Representing 15 Percent of the
      Issued Share Capital, without Preemptive
      Rights, For Purposes Other Than Cash
10    Approve 2004 Long Term Incentive Plan     For       For        Management
11    Approve 2004 Stock Option Plan            For       For        Management
12    Approve Director and Officer Liability    For       For        Management
      Insurance


--------------------------------------------------------------------------------

BASF AG

Ticker:                      Security ID:  DE0005151005
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports for Fiscal Year 2004
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.70 per Share
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
4     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
5     Ratify Deloitte & Touche GmbH as Auditors For       For        Management
      for Fiscal Year 2005
6     Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital
7     Authorize Use of Financial Derivatives    For       For        Management
      when Repurchasing Shares
8     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)


--------------------------------------------------------------------------------

BJ WHOLESALE CLUB, INC

Ticker:       BJ             Security ID:  05548J106
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Paul Danos, Ph.D.         For       For        Management
1.2   Elect  Director Ronald R. Dion            For       For        Management
1.3   Elect  Director Lorne R. Waxlax           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BOEING CO., THE

Ticker:       BA             Security ID:  097023105
Meeting Date: MAY 2, 2005    Meeting Type: Annual
Record Date:  MAR 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Kenneth M. Duberstein      For       Withhold   Management
1.2   Elect Director W. James McNerney, Jr.     For       For        Management
1.3   Elect Director Lewis E. Platt             For       For        Management
1.4   Elect Director Mike S. Zafirovski         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt Human Rights Policy                 Against   Against    Shareholder
4     Develop Ethical Criteria for Military     Against   Against    Shareholder
      Contracts
5     Report on Political Contributions         Against   Against    Shareholder
6     Declassify the Board of Directors         Against   Against    Shareholder
7     Adopt Simple Majority Vote Requirement    Against   Against    Shareholder
8     Establish Other Board Committee           Against   Against    Shareholder
9     Separate Chairman and CEO Positions       Against   Against    Shareholder


--------------------------------------------------------------------------------

BRISTOL-MYERS SQUIBB CO.

Ticker:       BMY            Security ID:  110122108
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director V.D. Coffman               For       For        Management
1.2   Elect Director J.M. Cornelius             For       For        Management
1.3   Elect Director P.R. Dolan                 For       For        Management
1.4   Elect Director E.V. Futter                For       For        Management
1.5   Elect Director L.V. Gershtner, Jr.        For       For        Management
1.6   Elect Director L. Johansson               For       For        Management
1.7   Elect Director L.W. Sullivan              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Articles to Eliminate Certain       For       For        Management
      Supermajority Vote Requirements
4     Report on Political Contributions         Against   Against    Shareholder
5     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
6     Eliminate Animal Testing                  Against   Against    Shareholder
7     Separate Chairman and CEO Positions       Against   Against    Shareholder
8     Proposal Regarding Restatement Situations Against   Against    Shareholder
9     Limit/Prohibit Awards to Executives       Against   Against    Shareholder
10    Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

CADBURY SCHWEPPES PLC

Ticker:       CSG            Security ID:  GB0006107006
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 8.7 Pence Per   For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Wolfgang Berndt as Director      For       For        Management
5     Re-elect Bob Stack as Director            For       For        Management
6     Elect Rosemary Thorne as Director         For       For        Management
7     Re-elect Baroness Wilcox as Director      For       For        Management
8     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 85,680,000
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 12,980,000
12    Authorise 25,960,000 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

CANON INC.

Ticker:       CAJ            Security ID:  JP3242800005
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 40, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

CHEVRON CORP

Ticker:       CVX            Security ID:  166764100
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Samuel H. Armacost        For       For        Management
1.2   Elect  Director Robert E. Denham          For       For        Management
1.3   Elect  Director Robert J. Eaton           For       For        Management
1.4   Elect  Director Sam Ginn                  For       For        Management
1.5   Elect  Director Carla Anderson Hills      For       For        Management
1.6   Elect  Director Franklyn G. Jenifer       For       For        Management
1.7   Elect  Director Sam Nunn                  For       For        Management
1.8   Elect  Director David J. O'Reilly         For       For        Management
1.9   Elect  Director Peter J. Robertson        For       For        Management
1.10  Elect  Director Charles R. Shoemate       For       For        Management
1.11  Elect  Director Ronald D. Sugar           For       For        Management
1.12  Elect  Director Carl  Ware                For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder
4     Submit Severance Agreement                Against   Against    Shareholder
      (Change-in-Control) to Shareholder Vote
5     Expense Stock Options                     Against   For        Shareholder
6     Eliminate Animal Testing                  Against   Against    Shareholder
7     Report on Drilling in Protected Areas     Against   Against    Shareholder
8     Report on Remediation Programs in Ecuador Against   Against    Shareholder


--------------------------------------------------------------------------------

CITIGROUP INC.

Ticker:       C              Security ID:  172967101
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  FEB 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director C. Michael Armstrong      For       For        Management
1.2   Elect  Director Alain J.P. Belda          For       For        Management
1.3   Elect  Director George David              For       For        Management
1.4   Elect  Director Kenneth T. Derr           For       For        Management
1.5   Elect  Director John M. Deutch            For       For        Management
1.6   Elect  Director Roberto Hernandez Ramirez For       For        Management
1.7   Elect  Director Ann Dibble Jordan         For       For        Management
1.8   Elect  Director Klaus Kleinfeld           For       For        Management
1.9   Elect  Director Dudley C. Mecum           For       For        Management
1.10  Elect  Director Anne Mulcahy              For       For        Management
1.11  Elect  Director Richard D. Parsons        For       For        Management
1.12  Elect  Director Charles Prince            For       For        Management
1.13  Elect  Director Judith Rodin              For       For        Management
1.14  Elect  Director Robert E. Rubin           For       For        Management
1.15  Elect  Director Franklin A. Thomas        For       For        Management
1.16  Elect  Director Sanford I. Weill          For       For        Management
1.17  Elect  Director Robert B. Willumstad      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Limit/Prohibit Awards to Executives       Against   Against    Shareholder
5     Report on Political Contributions         Against   Against    Shareholder
6     Prohibit Chairman From Management Duties, Against   For        Shareholder
      Titles or Responsibilities
7     Limit Executive Compensation              Against   Against    Shareholder
8     Require a Majority Vote for the Election  Against   For        Shareholder
      of Directors
9     Review/Limit Executive Compensation       Against   Against    Shareholder
10    Adopt Simple Majority Vote                Against   For        Shareholder


--------------------------------------------------------------------------------

DANISCO A/S

Ticker:                      Security ID:  DK0010207497
Meeting Date: AUG 26, 2004   Meeting Type: Annual
Record Date:  AUG 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends of DKK 6.50 Per Share
4     Reelect Joergen Tandrup as Director;      For       For        Management
      Elect Haakan Bjoerklund as New Director
5     Ratify Deloitte and Ernst & Young as      For       For        Management
      Auditors
6.1   Approve DKK 27.6 Million Reduction in     For       For        Management
      Share Capital via Share Cancellation
6.2   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6.3   Authorize Chairman of Meeting to Make     For       For        Management
      Editorial Changes to Adopted Resolutions
      in Connection with Registration
6.4   Require Company to Separately Report on   Against   Against    Shareholder
      Subsidies Received in Annual Report
6.5   Require Company to Separately Report on   Against   Against    Shareholder
      Contributions Connected to Lobbying
      Activities in Annual Report
6.6   Require Management and Board to Report on Against   Against    Shareholder
      Company's Cooperation with Other Sugar
      Producers in Annual Report


--------------------------------------------------------------------------------

DIAGEO PLC (FORMERLY GUINNESS PLC)

Ticker:                      Security ID:  GB0002374006
Meeting Date: OCT 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 17 Pence Per    For       For        Management
      Ordinary Share
4     Re-elect Lord Hollick of Notting Hill as  For       For        Management
      Director
5     Re-elect Nick Rose as Director            For       For        Management
6     Re-elect Paul Walker as Director          For       For        Management
7     Elect Todd Stitzer as Director            For       For        Management
8     Elect Jon Symonds as Director             For       For        Management
9     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise Board to Fix Remuneration of
      Auditors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 44,234,986
11    Amend Articles of Association Re:         For       For        Management
      Treasury Shares
12    Authorise 305,752,223 Shares for Market   For       For        Management
      Purchase
13    Amend Diageo Long Term Incentive Plan     For       For        Management
14    Amend Diageo Executive Share Option Plan  For       For        Management
15    Amend Discretionary Incentive Plan        For       For        Management
16    Amend Diageo 2001 Share Incentive Plan    For       For        Management
17    Amend Diageo UK Sharesave Scheme 2000     For       For        Management
18    Amend Diageo 1999 Irish Sharesave Scheme  For       For        Management
19    Amend Diageo Long Term Incentive Plan     For       For        Management


--------------------------------------------------------------------------------

EMERSON ELECTRIC CO.

Ticker:       EMR            Security ID:  291011104
Meeting Date: FEB 1, 2005    Meeting Type: Annual
Record Date:  NOV 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director D.N. Farr                 For       For        Management
1.2   Elect  Director C.A. Peters               For       For        Management
1.3   Elect  Director D.C. Farrell              For       For        Management
1.4   Elect  Director J.W. Prueher              For       For        Management
1.5   Elect  Director R.B. Horton               For       For        Management
2     Approve Non-Employee Director Restricted  For       For        Management
      Stock Plan
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Ratify Auditors                           For       For        Management
5     Amend Equal Employment Policy Regarding   Against   For        Shareholder
      Sexual Orientation


--------------------------------------------------------------------------------

ENI SPA

Ticker:       E              Security ID:  IT0003132476
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Approve Allocation of Income              For       For        Management
3     Authorize Share Repurchase Program        For       For        Management
4     Authorize Reissuance of Repurchased       For       For        Management
      Shares To Service Stock Option Plan in
      Favor of Group Management
5     Fix Number of Directors                   For       For        Management
6     Set Directors' Term of Office             For       For        Management
7.1   Elect Directors - Slate 1 Submitted by    None      Against    Management
      the Ministry of Economy and Finance
7.2   Elect Directors - Slate 2 Submitted by a  None      For        Management
      Group of Institutional Investors
      (Minority Slate)
8     Elect Chairman of the board of Directors  For       For        Management
9     Approve Remuneration of Chairman of the   For       For        Management
      Board and of Directors
10.1  Elect Internal Statutory Auditors - Slate None      Against    Management
      1 Submitted by the Ministry of Economy
      and Finance
10.2  Elect Internal Statutory Auditors - Slate None      For        Management
      1 Submitted by a Group of Institutional
      Investors (Minority Slate)
11    Appoint Chairman of the Internal          For       For        Management
      Statutory Auditors' Board
12    Approve Remuneration of Chairman of       For       For        Management
      Internal Statutory Auditors' Board and of
      Primary Internal Statutory Auditors


--------------------------------------------------------------------------------

EXXON MOBIL CORP.

Ticker:       XOM            Security ID:  30231G102
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  APR 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael J. Boskin         For       For        Management
1.2   Elect  Director William W. George         For       For        Management
1.3   Elect  Director James R. Houghton         For       For        Management
1.4   Elect  Director William R. Howell         For       For        Management
1.5   Elect  Director Reatha Clark King         For       For        Management
1.6   Elect  Director Philip E. Lippincott      For       For        Management
1.7   Elect  Director Henry A. McKinnell, Jr.   For       For        Management
1.8   Elect  Director Marilyn Carlson Nelson    For       For        Management
1.9   Elect  Director Lee R. Raymond            For       For        Management
1.10  Elect  Director Walter V. Shipley         For       For        Management
1.11  Elect  Director Rex W. Tillerson          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Political Contributions/Activities        Against   Against    Shareholder
4     Review/Limit Executive Compensation       Against   Against    Shareholder
5     Nominate Independent Directors with       Against   Against    Shareholder
      Industry Experience
6     Report on Payments to Indonesian Military Against   Against    Shareholder
7     Adopt Policy Prohibiting Discrimination   Against   Against    Shareholder
      based on Sexual Orientation
8     Report on Potential Damage of Drilling in Against   Against    Shareholder
      Protected Regions
9     Disclose Information Supporting the       Against   Against    Shareholder
      Company Position on Climate Change
10    Report on Company Policies for Compliance Against   Against    Shareholder
      with the Kyoto Protocol


--------------------------------------------------------------------------------

FIRST DATA CORP.

Ticker:       FDC            Security ID:  319963104
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Alison Davis               For       For        Management
1.2   Elect Director James D. Robinson III      For       For        Management
1.3   Elect Director Bernard L. Schwartz        For       For        Management
1.4   Elect Director Arthur F. Weinbach         For       For        Management
2     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Ratify Auditors                           For       For        Management
5     Report on Outsourcing                     Against   Against    Shareholder
6     Amend Director/Officer                    Against   Against    Shareholder
      Liability/Indemnifications Provisions


--------------------------------------------------------------------------------

FOSTER'S GROUP LTD (FORMERLY FOSTER'S BREWING GROUP LTD)

Ticker:       FBRWY          Security ID:  AU000000FGL6
Meeting Date: OCT 25, 2004   Meeting Type: Annual
Record Date:  OCT 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Mr. D A Crawford as Director        For       For        Management
2     Elect Mr. B Healey as Director            For       For        Management
3     Approve Increase in the Remuneration of   None      None       Management
      Directors to the Amount of AUD1.20
      Million
4     Approval of Foster's Employee Share Grant For       For        Management
      Plan, Foster's Employee Share Grant
      Replica Plan and Issue of Shares Under
      the Share Grant Plan as an Exception to
      ASL Listing Rule 7.1
5     Approve the Participation of Trevor L     For       For        Management
      O'Hoy, President and Chief Executive
      Officer of the Company in the Foster's
      Long Term Incentive Plan


--------------------------------------------------------------------------------

FUJI PHOTO FILM CO. LTD.

Ticker:       FUJIY          Security ID:  JP3814000000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12.5,
      Final JY 12.5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management
4     Approve Retirement Bonus for Statutory    For       Against    Management
      Auditor


--------------------------------------------------------------------------------

GAP, INC., THE

Ticker:       GPS            Security ID:  364760108
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Howard P. Behar            For       For        Management
1.2   Elect Director Adrian D. P. Bellamy       For       For        Management
1.3   Elect Director Domenico De Sole           For       For        Management
1.4   Elect Director Donald G. Fisher           For       For        Management
1.5   Elect Director Doris F. Fisher            For       For        Management
1.6   Elect Director Robert J. Fisher           For       For        Management
1.7   Elect Director Penelope L. Hughes         For       For        Management
1.8   Elect Director Bob L. Martin              For       For        Management
1.9   Elect Director Jorge P. Montoya           For       For        Management
1.10  Elect Director Paul S. Pressler           For       For        Management
1.11  Elect Director James M. Schneider         For       For        Management
1.12  Elect Director Mayo A. Shattuck III       For       For        Management
1.13  Elect Director Margaret C. Whitman        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management


--------------------------------------------------------------------------------

GENERAL DYNAMICS CORP.

Ticker:       GD             Security ID:  369550108
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Nicholas D. Chabraja       For       Withhold   Management
1.2   Elect Director James S. Crown             For       Withhold   Management
1.3   Elect Director Lester Crown               For       Withhold   Management
1.4   Elect Director William P. Fricks          For       Withhold   Management
1.5   Elect Director Charles H. Goodman         For       Withhold   Management
1.6   Elect Director Jay L. Johnson             For       Withhold   Management
1.7   Elect Director George A. Joulwan          For       Withhold   Management
1.8   Elect Director Paul G. Kaminski           For       Withhold   Management
1.9   Elect Director John M. Keane              For       Withhold   Management
1.10  Elect Director Lester L. Lyles            For       Withhold   Management
1.11  Elect Director Carl E. Mundy, Jr          For       Withhold   Management
1.12  Elect Director Robert Walmsley            For       Withhold   Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder
4     Report on Foreign Weapons Sales           Against   Against    Shareholder


--------------------------------------------------------------------------------

GEORGIA-PACIFIC CORP.

Ticker:       GP             Security ID:  373298108
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James S. Balloun           For       For        Management
1.2   Elect Director Thomas D. Bell, Jr.        For       For        Management
1.3   Elect Director Jon A. Boscia              For       For        Management
1.4   Elect Director Alston D. Correll          For       For        Management
1.5   Elect Director John D. Zeglis             For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Declassify the Board of Directors         Against   Against    Management


--------------------------------------------------------------------------------

HEWLETT-PACKARD CO.

Ticker:       HPQ            Security ID:  428236103
Meeting Date: MAR 16, 2005   Meeting Type: Annual
Record Date:  JAN 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director L.T. Babbio, Jr.           For       For        Management
1.2   Elect Director P.C. Dunn                  For       For        Management
1.3   Elect Director R.A. Hackborn              For       For        Management
1.4   Elect Director G.A. Keyworth              For       For        Management
1.5   Elect Director R.E. Knowling, Jr.         For       For        Management
1.6   Elect Director T.J. Perkins               For       For        Management
1.7   Elect Director R.L. Ryan                  For       For        Management
1.8   Elect Director L.S. Salhany               For       For        Management
1.9   Elect Director R.P. Wayman                For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management


--------------------------------------------------------------------------------

HONGKONG ELECTRIC HOLDINGS LTD.

Ticker:       HGKGY          Security ID:  HK0006000050
Meeting Date: DEC 14, 2004   Meeting Type: Special
Record Date:  DEC 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of the Entire Issued  For       For        Management
      Capital of Alpha Central Profits Ltd. and
      Ancillary Transactions


--------------------------------------------------------------------------------

IMPERIAL TOBACCO GROUP PLC

Ticker:       ITY            Security ID:  GB0004544929
Meeting Date: FEB 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 35 Pence Per    For       For        Management
      Share
4     Re-elect Anthony Alexander as Director    For       For        Management
5     Re-elect Derek Bonham as Director         For       For        Management
6     Re-elect Gareth Davis as Director         For       For        Management
7     Re-elect Robert Dyrbus as Director        For       For        Management
8     Elect Susan Murray as Director            For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11.1  Authorise the Company to Make EU          For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.2  Authorise Imperial Tobacco Ltd. to Make   For       For        Management
      EU Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.3  Authorise Imperial Tobacco International  For       For        Management
      Ltd. to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.4  Authorise Van Nelle Tabak Nederland B.V.  For       For        Management
      to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.5  Authorise John Player & Sons Ltd. to Make For       For        Management
      EU Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.6  Authorise Reemtsma Cigarettenfabriken     For       For        Management
      GmbH to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.7  Authorise Ets L. Lacroix Fils NV/SA to    For       For        Management
      Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
12    Approve Imperial Tobacco Group            For       For        Management
      International Sharesave Plan
13    Amend Imperial Tobacco Group Share        For       For        Management
      Matching Scheme
14    Amend Imperial Tobacco Group Long Term    For       For        Management
      Incentive Plan
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 24,300,000
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,645,000
17    Authorise 72,900,000 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

INTERNATIONAL BUSINESS MACHINES CORP.

Ticker:       IBM            Security ID:  459200101
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  FEB 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Cathleen Black             For       For        Management
1.2   Elect Director Kenneth I. Chenault        For       For        Management
1.3   Elect Director Juergen Dormann            For       For        Management
1.4   Elect Director Michael L. Eskew           For       Withhold   Management
1.5   Elect Director Carlos Ghosn               For       For        Management
1.6   Elect Director Charles F. Knight          For       For        Management
1.7   Elect Director Minoru Makihara            For       For        Management
1.8   Elect Director Lucio A. Noto              For       For        Management
1.9   Elect Director Samuel J. Palmisano        For       For        Management
1.10  Elect Director Joan E. Spero              For       For        Management
1.11  Elect Director Sidney Taurel              For       For        Management
1.12  Elect Director Charles M. Vest            For       For        Management
1.13  Elect Director Lorenzo H. Zambrano        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Restore or Provide for Cumulative Voting  Against   Against    Shareholder
4     Eliminate Age Discrimination in           Against   Against    Shareholder
      Retirement Benefits
5     Calculate Executive Salary Without Regard Against   Against    Shareholder
      to Pension Income
6     Expense Stock Options                     Against   For        Shareholder
7     Report on Executive Compensation          Against   Against    Shareholder
8     Report on Outsourcing                     Against   Against    Shareholder


--------------------------------------------------------------------------------

KAO CORP.

Ticker:                      Security ID:  JP3205800000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 19,
      Final JY 19, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Expand Business Lines  For       For        Management
      - Restore Previous Level of Authorized
      Capital Following Share Repurchase and
      Cancellation
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

KERRY GROUP PLC

Ticker:                      Security ID:  IE0004906560
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends                         For       For        Management
3a1   Re-elect Denis Buckley as a Director      For       For        Management
3a2   Re-elect Eugene McSweeney as a Director   For       For        Management
3b1   Re-elect Patrick Barrett as a Director    For       For        Management
3b2   Re-elect James Brosnan as a Director      For       For        Management
3b3   Re-elect Walter Costelloe as a Director   For       For        Management
3b4   Re-elect Patrick Minogue as a Director    For       For        Management
3b5   Re-elect Stan McCarthy as a Director      For       For        Management
3c    Re-elect Denis Carroll as a Director      For       For        Management
3d    Elect Donal O'Donoghue as a Director      For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
6     Approve Increase in Authorized Capital    For       For        Management
7     Amend Articles of Association re:         For       For        Management
      Retirement by Rotation
8     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to the Amount of the Authorized
      but Unissued A Ordinary Shares in the
      Capital
9     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of Five Percent of the Issued A
      Ordinary Share Capital
10    Amend Articles of Association re:         For       For        Management
      Definitions
11    Amend Articles of Association re:         For       For        Management
      Editoral Change
12    Amend Articles of Association re: Share   For       For        Management
      Repurchase Progam


--------------------------------------------------------------------------------

KROGER CO., THE

Ticker:       KR             Security ID:  501044101
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert D. Beyer            For       For        Management
1.2   Elect Director John T. Lamacchia          For       For        Management
1.3   Elect Director Edward M. Liddy            For       For        Management
1.4   Elect Director Katherine D. Ortega        For       For        Management
1.5   Elect Director Bobby S. Shackouls         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Eliminate super-majority provision        Against   For        Shareholder
5     Report on Feasibility of Improving Animal Against   Against    Shareholder
      Welfare Standards
6     Submit Severance Agreement                Against   Against    Shareholder
      (Change-in-Control) to Shareholder Vote


--------------------------------------------------------------------------------

LAFARGE

Ticker:       MNCL           Security ID:  FR0000120537
Meeting Date: MAY 25, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Helene Ploix as Director          For       For        Management
6     Reelect Michel Bon as Director            For       For        Management
7     Reelect Bertrand Collomb as Director      For       For        Management
8     Reelect Juan Gallardo as Director         For       For        Management
9     Reelect Alain Joly as Director            For       For        Management
10    Elect Jean-Pierre Boisivon as Director    For       For        Management
11    Elect Philippe Charrier as Director       For       For        Management
12    Elect Oscar Fanjul as Director            For       For        Management
13    Elect Bruno Lafont as Director            For       For        Management
14    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
15    Authorize Issuance of Bonds/Debentures in For       For        Management
      the Aggregate Value of EUR 5 Billion
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million
18    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 135 Million
19    Authorize Capital Increase of Up to EUR   For       For        Management
      68 Million for Future Acquisitions
20    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 100 Million for Bonus Issue or
      Increase in Par Value
21    Approve Stock Option Plan Grants          For       Against    Management
22    Authorize Up to One Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
23    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
A     Shareholder Proposal: Remove Voting Right Against   For        Shareholder
      Limitation
24    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

LOEWS CORP.

Ticker:       CG             Security ID:  540424207
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph L. Bower            For       For        Management
1.2   Elect Director John Brademas              For       For        Management
1.3   Elect Director Charles M. Diker           For       For        Management
1.4   Elect Director Paul J. Fribourg           For       For        Management
1.5   Elect Director Walter L. Harris           For       For        Management
1.6   Elect Director Philip A. Laskawy          For       For        Management
1.7   Elect Director Gloria R. Scott            For       For        Management
1.8   Elect Director Andrew H. Tisch            For       For        Management
1.9   Elect Director James S. Tisch             For       For        Management
1.10  Elect Director Jonathan M. Tisch          For       For        Management
1.11  Elect Director Preston R. Tisch           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management
5     Provide for Cumulative Voting             Against   Against    Shareholder
6     Report on Political Contributions         Against   Against    Shareholder
7     Support Legislation and Make Public       Against   Against    Shareholder
      Statements on Environmental Tobacco Smoke
8     Apply Fire Safety Standards for           Against   Against    Shareholder
      Cigarettes


--------------------------------------------------------------------------------

MBIA INC.

Ticker:       MBI            Security ID:  55262C100
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph W. Brown            For       For        Management
1.2   Elect Director C. Edward Chaplin          For       For        Management
1.3   Elect Director David C. Clapp             For       For        Management
1.4   Elect Director Gary C. Dunton             For       For        Management
1.5   Elect Director Claire L. Gaudiani         For       For        Management
1.6   Elect Director Daniel P. Kearney          For       For        Management
1.7   Elect Director Laurence H. Meyer          For       For        Management
1.8   Elect Director Debra J. Perry             For       For        Management
1.9   Elect Director John A. Rolls              For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Remove Supermajority Vote Requirement     For       For        Management
5     Permit to Act by Written Consent          For       For        Management
6     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MCDONALD'S CORP.

Ticker:       MCD            Security ID:  580135101
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Hall Adams, Jr.            For       For        Management
1.2   Elect Director Cary D. McMillan           For       For        Management
1.3   Elect Director Michael J. Roberts         For       For        Management
1.4   Elect Director James A. Skinner           For       For        Management
1.5   Elect Director Anne-Marie Slaughter       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Genetically Modified Organisms  Against   Against    Shareholder


--------------------------------------------------------------------------------

MELLON FINANCIAL CORP.

Ticker:       MEL            Security ID:  58551A108
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  FEB 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ruth E. Bruch              For       For        Management
1.2   Elect Director Steven G. Elliott          For       For        Management
1.3   Elect Director Edmund F. Kelly            For       For        Management
1.4   Elect Director Robert Mehrabian           For       For        Management
1.5   Elect Director Wesley W. Von Schack       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MERRILL LYNCH & CO., INC.

Ticker:       MER            Security ID:  590188108
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:  FEB 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jill K. Conway            For       For        Management
1.2   Elect  Director Heinz-Joachim Neuburger   For       For        Management
1.3   Elect  Director E. Stanley O'Neal         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Restricted  For       For        Management
      Stock Plan
4     Provide for Cumulative Voting             Against   Against    Shareholder
5     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

MITSUI SUMITOMO INSURANCE CO. LTD

Ticker:                      Security ID:  JP3888200007
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 8.5, Special JY 1
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Streamline Board Structure -
      Abolish Retirement Bonus System - Limit
      Directors' Legal Liability
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor and Special
      Payments to Continuing Directors and
      Auditors in Connection with Abolition of
      Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

NATIONAL AUSTRALIA BANK (NAB)

Ticker:       NAB            Security ID:  AU000000NAB4
Meeting Date: JAN 31, 2005   Meeting Type: Annual
Record Date:  JAN 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Chairman's Address, Presentation by the   None      None       Management
      Managing Director and Chief Executive
      Officer, and an Address by the Chairman
      of the Human Resources Committee
2     Receive Financial Statements and          None      None       Management
      Statutory Reports
3.1   Elect Graham Kraehe as Director           For       For        Management
3.2a  Elect Michael A. Chaney as Director       For       For        Management
3.2b  Elect Robert G. Elstone as Director       For       For        Management
3.2c  Elect Ahmed Fahour as Director            For       For        Management
3.2d  Elect Daniel T. Gilbert as Director       For       For        Management
3.2e  Elect Paul J. Rizzo as Director           For       For        Management
3.2f  Elect Jillian S. Segal as Director        For       For        Management
3.2g  Elect Michael J. Ullmer as Director       For       For        Management
3.2h  Elect G. Malcolm Williamson as Director   For       For        Management
4     Remove Geoffrey Tomlinson as a Director   Against   For        Shareholder
5     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
6     Approve Grant of Options, Performance     For       For        Management
      Rights and Shares to John Stewart,
      Managing Director and Chief Executive
      Officer
7     Authorize Share Repurchase Program        For       For        Management


--------------------------------------------------------------------------------

NATIONAL GRID TRANSCO PLC (FORMERLY NATIONAL GRID GROUP PLC,

Ticker:       NGG            Security ID:  GB0031223877
Meeting Date: JUL 26, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 11.87 Pence Per For       For        Management
      Ordinary Share
3     Elect Mike Jesanis as Director            For       For        Management
4     Elect Maria Richter as Director           For       For        Management
5     Re-elect James Ross as Director           For       For        Management
6     Re-elect John Grant as Director           For       For        Management
7     Re-elect Edward Astle as Director         For       For        Management
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Approve Remuneration Report               For       For        Management
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 102,929,251
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 15,439,387
12    Authorise 308,787,755 Ordinary Shares for For       For        Management
      Market Purchase
13    Amend Articles of Association Re:         For       For        Management
      Deletion of the Special Share Article
14    Approve the Cancellation of the Special   For       For        Management
      Rights Non-voting Redeemable Preference
      Share


--------------------------------------------------------------------------------

NESTLE SA

Ticker:       NESAY          Security ID:  CH0012056047
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Accept Financial Statements and Statutory For       For        Management
      Reports
1b    Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 8.00 per Share
4a    Amend Articles of Association to Separate Against   For        Shareholder
      Position of CEO and Chairman of the Board
4b    Amend Articles of Association to Reduce   Against   For        Shareholder
      Board Terms from Five Years to Three
      Years; Approve Individual Election of
      Board Members
4c    Amend Articles of Association to Reduce   Against   Against    Shareholder
      Threshold for Submitting Shareholder
      Proposals From CHF 1 Million to CHF
      100,000
5     Elect Guenter Blobel as Director          For       For        Management
6     Ratify KPMG Klynveld Peat Marwick         For       For        Management
      Goerdeler SA as Auditors


--------------------------------------------------------------------------------

NEW YORK TIMES CO., THE

Ticker:       NYT            Security ID:  650111107
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Raul E. Cesan             For       For        Management
1.2   Elect  Director William E. Kennard        For       For        Management
1.3   Elect  Director Ellen R. Marram           For       For        Management
1.4   Elect  Director Thomas Middelhoff         For       For        Management
1.5   Elect  Director Doreen A. Toben           For       For        Management
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NIPPON TELEGRAPH & TELEPHONE CORP.

Ticker:                      Security ID:  JP3735400008
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3000,
      Final JY 3000, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

NORTHROP GRUMMAN CORP.

Ticker:       NOC            Security ID:  666807102
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Phillip Frost              For       For        Management
1.2   Elect Director John B. Slaughter          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Amend Nonemployee Director Plan (Stock    For       For        Management
      Awards in Lieu of Cash)
5     Adopt Simply Majority Vote Requirement    Against   Against    Shareholder


--------------------------------------------------------------------------------

NOVARTIS AG

Ticker:       NVS            Security ID:  CH0012005267
Meeting Date: MAR 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.05 per Share
4     Approve CHF 19 Million Reduction in Share For       For        Management
      Capital via Share Cancellation
5     Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital
6.1   Reelect Birgit Breuel as Director         For       For        Management
6.2   Reelect Peter Burckhardt as Director      For       For        Management
6.3   Reelect Alexandre Jetzer as Director      For       For        Management
6.4   Reelect Pierre Landolt as Director        For       For        Management
6.5   Reelect Ulrich Lehner as Director         For       For        Management
7     Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

PARKER-HANNIFIN CORP.

Ticker:       PH             Security ID:  701094104
Meeting Date: OCT 27, 2004   Meeting Type: Annual
Record Date:  AUG 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Candy M. Obourn           For       For        Management
1.2   Elect  Director Hector R. Ortino          For       For        Management
1.3   Elect  Director Nickolas W. Vande Steeg   For       For        Management
1.4   Elect  Director Donald E. Washkewicz      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan


--------------------------------------------------------------------------------

PFIZER INC.

Ticker:       PFE            Security ID:  717081103
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael S. Brown           For       For        Management
1.2   Elect Director M. Anthony Burns           For       For        Management
1.3   Elect Director Robert N. Burt             For       For        Management
1.4   Elect Director W. Don Cornwell            For       For        Management
1.5   Elect Director William H. Gray III        For       For        Management
1.6   Elect Director Constance J. Horner        For       For        Management
1.7   Elect Director William R. Howell          For       For        Management
1.8   Elect Director Stanley O. Ikenberry       For       For        Management
1.9   Elect Director George A. Lorch            For       For        Management
1.10  Elect Director Henry A. McKinnell         For       For        Management
1.11  Elect Director Dana G. Mead               For       For        Management
1.12  Elect Director Ruth J. Simmons            For       For        Management
1.13  Elect Director William C. Steere, Jr.     For       For        Management
1.14  Elect Director Jean-Paul Valles           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Establish Term Limits for Directors       Against   Against    Shareholder
4     Report on Pharmaceutical Price Restraint  Against   Against    Shareholder
5     Review and Report on Drug Reimportation   Against   Against    Shareholder
      Policy
6     Report on Political Contributions         Against   Against    Shareholder
7     Report on Product Availability in Canada  Against   Against    Shareholder
8     Separate Chairman and CEO Positions       Against   Against    Shareholder


--------------------------------------------------------------------------------

PHILIPS ELECTRONICS NV

Ticker:       VLSI           Security ID:  NL0000009538
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2.a   Approve Financial Statements and          For       For        Management
      Statutory Reports
2.b   Receive Explanation on Dividend and       None      None       Management
      Reserve Policy (Non-Voting)
2.c   Approve Dividend of EUR 0.40 ($0.52) Per  For       For        Management
      Common Share
2.d   Approve Discharge of Management Board     For       For        Management
2.e   Approve Discharge of Supervisory Board    For       For        Management
3.a   Discussion of Corporate Governance        None      None       Management
      Structure (Non-Voting)
3.b   Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
4     Ratify KPMG Accountants NV as Auditors    For       For        Management
5.a   Reelect G. Kleisterlee as President and   For       For        Management
      CEO and Member of Management Board
5.b   Elect P. Sivignon to Management Board     For       For        Management
6.a   Reelect L. Schweitzer to Supervisory      For       For        Management
      Board
6.b   Elect N. Wong to Supervisory Board        For       For        Management
6.c   Elect J. Schiro to Supervisory Board      For       For        Management
7     Approve Remuneration of Supervisory Board For       For        Management
8     Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares up to 10% (20% in
      Connection with Merger or Acquisition) of
      Issued Shares Restricting/Excluding
      Preemptive Rights
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Other Business (Non-Voting)               None      None       Management
11    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

PRUDENTIAL FINANCIAL INC

Ticker:       PRU            Security ID:  744320102
Meeting Date: JUN 7, 2005    Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James G. Cullen            For       For        Management
1.2   Elect Director James A. Unruh             For       For        Management
1.3   Elect Director Gordon M. Bethune          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Approve Qualified Employee Stock Purchase For       For        Management
      Plan


--------------------------------------------------------------------------------

RENTOKIL INITIAL PLC(FORMERLY RENTOKIL GROUP PLC )

Ticker:                      Security ID:  GB0007327124
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 4.78 Pence Per  For       For        Management
      Share
4.1   Re-elect Brian McGowan as Director        For       For        Management
4.2   Re-elect Ian Harley as Director           For       For        Management
5     Elect Douglas Flynn as Director           For       For        Management
6     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
7     Authorise 79,095,811 Ordinary Shares for  For       For        Management
      Market Purchase
8     Transact Other Business (Non-Voting)      None      None       Management


--------------------------------------------------------------------------------

RENTOKIL INITIAL PLC(FORMERLY RENTOKIL GROUP PLC )

Ticker:                      Security ID:  GB0007327124
Meeting Date: MAY 26, 2005   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement             For       For        Management


--------------------------------------------------------------------------------

RENTOKIL INITIAL PLC(FORMERLY RENTOKIL GROUP PLC )

Ticker:                      Security ID:  GB0007327124
Meeting Date: MAY 26, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement; Reduction  For       For        Management
      and Increase of Issued Share Cap.; Issue
      of Equity with Pre-emp. Rights up to GBP
      18.15M; Amend Articles of Association;
      Reduction of Cap. of Rentokil Initial
      2005 plc; Change Name to Rentokil Initial
      1927 plc


--------------------------------------------------------------------------------

ROHM CO. LTD.

Ticker:                      Security ID:  JP3982800009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY
      42.50, Final JY 42.50, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Increase Maximum Board For       For        Management
      Size - Authorize Public Announcements in
      Electronic Format
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
5     Approve Special Payments to Satutory      For       Against    Management
      Auditors in Connection with Abolition of
      Retirement Bonus System


--------------------------------------------------------------------------------

ROYAL BANK OF SCOTLAND GROUP PLC (THE)

Ticker:       RBSPRE         Security ID:  GB0007547838
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 41.2 Pence Per  For       For        Management
      Share
4     Re-elect Jim Currie as Director           For       For        Management
5     Re-elect Sir Fred Goodwin as Director     For       For        Management
6     Re-elect Sir Steve Robson as Director     For       For        Management
7     Elect Archie Hunter as Director           For       For        Management
8     Elect Charles Koch as Director            For       For        Management
9     Elect Joe MacHale as Director             For       For        Management
10    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Increase in Authorised Share      For       For        Management
      Capital; Authorise Issue of Equity or
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 264,579,936
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 39,686,990
14    Authorise 317,495,924 Shares for Market   For       For        Management
      Purchase
15    Approve 71 M Category II Non-Cumulative   For       For        Management
      US$ Pref. Shares; Allot the Newly Created
      and 179.5 M Unissued Category II
      Non-Cumulative US$ Pref. Shares, the
      64.75 M Unissued Non-Cumulative Euro
      Pref. Shares and 300 M Unissued
      Non-Cumulative GBP Pref. Shares
16    Approve Citizens Financial Group, Inc.    For       For        Management
      Long Term Incentive Plan


--------------------------------------------------------------------------------

ROYAL DUTCH SHELL PLC (FORMERLY ROYAL DUTCH PETROLEUM CO.)

Ticker:       RPETY          Security ID:  780257804
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAY 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ANNUAL ACCOUNTS 2004                      For       For        Management
2     DECLARATION OF THE TOTAL DIVIDEND FOR THE For       For        Management
      YEAR 2004
3     DISCHARGE OF THE MANAGING DIRECTORS       For       Against    Management
4     DISCHARGE OF THE MEMBERS OF THE           For       Against    Management
      SUPERVISORY BOARD
5     APPOINTMENT OF MR. L.R. RICCIARDI AS A    For       For        Management
      MEMBER OF THE SUPERVISORY BOARD
6     AUTHORIZATION FOR THE ACQUISITION OF      For       For        Management
      ORDINARY SHARES
7     CANCELLATION OF THE ORDINARY SHARES HELD  For       For        Management
      BY THE COMPANY
8     APPROVAL OF THE IMPLEMENTATION AGREEMENT  For       For        Management
9     PROPOSAL TO AMEND THE ARTICLES OF         For       For        Management
      ASSOCIATION OF THE COMPANY
10    APPOINTMENT OF MR A.G. JACOBS AS A        For       For        Management
      NON-EXECUTIVE DIRECTOR
11    APPOINTMENT OF MS CH. MORIN-POSTEL AS A   For       For        Management
      NON-EXECUTIVE DIRECTOR
12    APPOINTMENT OF MR A.A. LOUDON AS A        For       For        Management
      NON-EXECUTIVE DIRECTOR
13    APPOINTMENT OF MR L.R. RICCIARDI AS A     For       For        Management
      NON-EXECUTIVE DIRECTOR
14    ADOPTION OF THE REMUNERATION POLICY FOR   For       For        Management
      THE BOARD OF DIRECTORS
15    APPROVAL OF AMENDED LONG-TERM INCENTIVE   For       For        Management
      PLAN
16    APPROVAL OF AMENDED RESTRICTED SHARE PLAN For       For        Management
17    APPROVAL OF AMENDED DEFERRED BONUS PLAN   For       For        Management


--------------------------------------------------------------------------------

SANKYO CO. LTD.

Ticker:                      Security ID:  JP3326400003
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 25, Special JY 0
2     Approve Formation of Joint Holding        For       For        Management
      Company with Daiichi Pharmaceutical Co.
      Ltd.
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  FR0000120578
Meeting Date: DEC 13, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption of Aventis   For       For        Management
      by Sanofi-Aventis; Authorize Issuance of
      19.1 Million Shares to Compensate Aventis
      Minority Shareholders
2     Approve Accounting Treatment of           For       For        Management
      Absorption
3     Assume Obligations of 257,248 Outstanding For       For        Management
      Aventis Warrants; Authorize Issuance of
      Up to 301,984 Sanofi-Aventis Shares to
      Satisfy Conversion of Aventis Warrants
4     Assume Obligations of 48.08 Million       For       For        Management
      Outstanding Aventis Stock Options;
      Authorize Issuance of Sanofi-Aventis
      Shares to Satisfy Conversion of Aventis
      Stock Options
5     Set Dec. 31, 2004, as Effective Date of   For       For        Management
      Merger and Related Capital Increase to
      Aventis Minority Shareholders
6     Amend Articles to Reflect Changes in      For       For        Management
      Capital
7     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  FR0000120578
Meeting Date: MAY 31, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.20 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Ratify PricewaterhouseCoopers Audit as    For       For        Management
      Auditor
6     Ratify Pierre Coll as Alternate Auditor   For       For        Management
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Cancel Outstanding Debt Issuance          For       For        Management
      Authority
9     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 1.4 Billion; Authorize Global Limit
      of EUR 1.6 Billion
10    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 840 Million
11    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 500 Million for Bonus Issue or
      Increase in Par Value
12    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      Proposed in Issuance Authorities Above
13    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Approve Stock Option Plan Grants          For       Against    Management
15    Authorize Up to 1 Percent of Issued       For       Against    Management
      Capital For Use in Restricted Stock Plan
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SBC COMMUNICATIONS INC.

Ticker:       SBC            Security ID:  78387G103
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gilbert F. Amelio         For       For        Management
1.2   Elect  Director August A. Busch III       For       For        Management
1.3   Elect  Director Martin K. Eby, Jr.        For       For        Management
1.4   Elect  Director James A. Henderson        For       For        Management
1.5   Elect  Director Charles F. Knight         For       For        Management
1.6   Elect  Director Lynn M. Martin            For       For        Management
1.7   Elect  Director John B. McCoy             For       For        Management
1.8   Elect  Director Mary S. Metz              For       For        Management
1.9   Elect  Director Toni Rembe                For       For        Management
1.10  Elect  Director S. Donley Ritchey         For       For        Management
1.11  Elect  Director Joyce M. Roche            For       For        Management
1.12  Elect  Director Laura D'Andrea Tyson      For       For        Management
1.13  Elect  Director Patricia P. Upton         For       For        Management
1.14  Elect  Director Edward E. Whitacre, Jr    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Nonqualified Employee Stock       For       For        Management
      Purchase Plan
4     Report on Political Contributions         Against   Against    Shareholder
5     Report on Executive Compensation          Against   Against    Shareholder
6     Performance- Based/Indexed Options        Against   Against    Shareholder
7     Adopt Simple Majority Vote                Against   Against    Shareholder


--------------------------------------------------------------------------------

SCOTTISH & SOUTHERN ENERGY PLC (FRM.HYDRO ELECTRIC POWER PLC

Ticker:       SCTZ40         Security ID:  GB0007908733
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 26.4 Pence Per  For       For        Management
      Ordinary Share
4     Elect Kevin Smith as Director             For       For        Management
5     Re-elect Henry Casley as Director         For       For        Management
6     Re-elect Ian Marchant as Director         For       For        Management
7     Re-elect Alistair Phillips-Davies as      For       For        Management
      Director
8     Re-appoint KPMG Audit Plc as Auditors of  For       For        Management
      the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 142,917,261
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 21,436,740
12    Authorise 85,746,962 Ordinary Shares for  For       For        Management
      Market Purchase
13    Amend Articles of Association Re:         For       For        Management
      Treasury Shares
14    Amend the Scottish and Southern Energy    For       For        Management
      Employee Share Ownership Plan and the
      Scottish and Southern Energy plc 2001
      Sharesave Scheme
15    Amend Articles of Association Re: Special For       For        Management
      Share


--------------------------------------------------------------------------------

SEKISUI HOUSE LTD.

Ticker:                      Security ID:  JP3420600003
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  JAN 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 9, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3     Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

SK TELECOM

Ticker:                      Security ID:  78440P108
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE BALANCE SHEET, THE        For       For        Management
      STATEMENT OF INCOME, AND THE STATEMENT OF
      APPROPRIATION OF RETAINED EARNINGS OF THE
      21ST FISCAL YEAR, AS SET FORTH IN THE
      COMPANY S AGENDA.
2     APPROVAL OF THE AMENDMENT OF THE ARTICLES For       For        Management
      OF INCORPORATION, AS SET FORTH IN THE
      COMPANY S AGENDA.
3     APPROVAL OF THE CEILING AMOUNT OF THE     For       For        Management
      REMUNERATION OF DIRECTORS, AS SET FORTH
      IN THE COMPANY S AGENDA.
4     APPROVAL OF THE APPOINTMENT OF DIRECTORS, For       For        Management
      AS SET FORTH IN THE COMPANY S AGENDA.
5     APPROVAL OF THE APPOINTMENT OF OUTSIDE    For       For        Management
      DIRECTORS WHO WILL NOT BE AUDIT COMMITTEE
      MEMBERS, AS SET FORTH IN THE COMPANY S
      AGENDA.
6     APPROVAL OF THE APPOINTMENT OF OUTSIDE    For       For        Management
      DIRECTORS WHO WILL BE AUDIT COMMITTEE
      MEMBERS, AS SET FORTH IN THE COMPANY S
      AGENDA.


--------------------------------------------------------------------------------

ST. PAUL TRAVELERS COMPANIES, INC., THE

Ticker:       STA            Security ID:  792860108
Meeting Date: JUL 28, 2004   Meeting Type: Annual
Record Date:  JUN 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Howard P. Berkowitz       For       For        Management
1.2   Elect  Director Kenneth J. Bialkin        For       For        Management
1.3   Elect  Director Carolyn H. Byrd           For       For        Management
1.4   Elect  Director John H. Dasburg           For       For        Management
1.5   Elect  Director Leslie B. Disharoon       For       For        Management
1.6   Elect  Director Janet M. Dolan            For       For        Management
1.7   Elect  Director Kenneth M. Duberstein     For       For        Management
1.8   Elect  Director Jay S. Fishman            For       For        Management
1.9   Elect  Director Lawrence G. Graev         For       For        Management
1.10  Elect  Director Meryl D. Hartzband        For       For        Management
1.11  Elect  Director Thomas R. Hodgson         For       For        Management
1.12  Elect  Director William H. Kling          For       For        Management
1.13  Elect  Director James A. Lawrence         For       For        Management
1.14  Elect  Director Robert I. Lipp            For       For        Management
1.15  Elect  Director Blythe J. McGarvie        For       For        Management
1.16  Elect  Director Glen D. Nelson, M.D.      For       For        Management
1.17  Elect  Director Clarence Otis, Jr.        For       For        Management
1.18  Elect  Director Jeffrey M. Peek           For       For        Management
1.19  Elect  Director Nancy A. Roseman          For       For        Management
1.20  Elect  Director Charles W. Scharf         For       For        Management
1.21  Elect  Director Gordon M. Sprenger        For       For        Management
1.22  Elect  Director Frank J. Tasco            For       For        Management
1.23  Elect  Director Laurie J. Thomsen         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

ST. PAUL TRAVELERS COMPANIES, INC., THE

Ticker:       STA            Security ID:  792860108
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John H. Dasburg           For       For        Management
1.2   Elect  Director Leslie B. Disharoon       For       For        Management
1.3   Elect  Director Janet M. Dolan            For       For        Management
1.4   Elect  Director Kenneth M. Duberstein     For       For        Management
1.5   Elect  Director Jay S. Fishman            For       For        Management
1.6   Elect  Director Lawrence G. Graev         For       Withhold   Management
1.7   Elect  Director Thomas R. Hodgson         For       For        Management
1.8   Elect  Director Robert I. Lipp            For       For        Management
1.9   Elect  Director Blythe J. McGarvie        For       For        Management
1.10  Elect  Director Glen D. Nelson, M.D.      For       For        Management
1.11  Elect  Director Clarence Otis, Jr.        For       For        Management
1.12  Elect  Director Charles W. Scharf         For       For        Management
1.13  Elect  Director Laurie J. Thomsen         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SUMITOMO ELECTRIC INDUSTRIES LTD.

Ticker:                      Security ID:  JP3407400005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 2 Billion to 3 Billion
      Shares - Abolish Retirement Bonus System
      - Authorize Board to Vary AGM Record Date
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System


--------------------------------------------------------------------------------

SYNGENTA AG

Ticker:                      Security ID:  CH0011037469
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
3     Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
4     Approve CHF 51.4 Million Reduction in     For       Did Not    Management
      Share Capital via Cancellation of                   Vote
      Repurchased Shares
5     Approve CHF 287.1 Million Reduction in    For       Did Not    Management
      Share Capital via Repayment of CHF 2.70             Vote
      Nominal Value to Shareholders
6.1   Reelect Martin Taylor as Director         For       Did Not    Management
                                                          Vote
6.2   Reelect Peter Thompson as Director        For       Did Not    Management
                                                          Vote
6.3   Reelect Rolf Watter as Director           For       Did Not    Management
                                                          Vote
6.4   Reelect Felix Weber as Director           For       Did Not    Management
                                                          Vote
6.5   Elect Jacques Vincent as Director         For       Did Not    Management
                                                          Vote
7     Ratify Ernst & Young AG as Auditors       For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TAKEDA PHARMACEUTICAL CO. LTD.

Ticker:                      Security ID:  JP3463000004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 44,
      Final JY 44, Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 2.4 Billion to 3.5 Billion
      Shares - Set Maximum Number of Internal
      Auditors - Clarify Board's Authority to
      Vary AGM Record Date - Set Maximum Board
      Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

TELECOM ITALIA SPA.( FORMERLY OLIVETTI SPA )

Ticker:       TI             Security ID:  IT0003497176
Meeting Date: OCT 25, 2004   Meeting Type: Special
Record Date:  OCT 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Report Re: Utilization of Savings None      For        Management
      Shares' Special Reserve
2.1.A Reelect Current Board Representative for  None      For        Management
      Holders of Savings Shares, Carlo Pasteris
2.1.B Elect New Candidate Designated by Saving  None      Against    Management
      Shareholders as Board Representative for
      Holders of Savings Shares
2.2.A Fix Board Representative for Holders of   None      For        Management
      Savings Shares' Term in Office to Three
      Years
2.2.B Fix Board Representative of Holders of    None      Against    Management
      Savings Shares' Term in Office To the
      Newly Proposed Term Presented by Saving
      Shareholders
2.3.A Fix Board Representative for Holders of   None      For        Management
      Savings Shares' Remuneration at EUR
      36,152
2.3.B Fix Board Representative for Holders of   None      Against    Management
      Savings Shares' Remuneration To the Newly
      Proposed Amount Presented by Saving
      Shareholders


--------------------------------------------------------------------------------

TELEFONICA S.A. (FORMERLY TELEFONICA DE ESPANA, S.A.)

Ticker:       TEF            Security ID:  ES0178430E18
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, Allocation of
      Income, and Discharge Directors
2     Approve Dividend                          For       For        Management
3     Approve Merger by Absorption of Terra     For       For        Management
      Networks
4     Elect Directors                           For       For        Management
5     Approve Auditors                          For       For        Management
6     Authorize Share Repurchase Program        For       For        Management
7     Approve Reduction in Stated Capital       For       For        Management
8     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

TOTAL SA (FORMERLY TOTAL FINA ELF  S.A )

Ticker:       TOT            Security ID:  FR0000120271
Meeting Date: MAY 17, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 5.40 per Share of which
      EUR 3.00 Remains to be Distributed
4     Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to 24.4        For       For        Management
      Million Shares
6     Reelect Paul Desmarais Jr as Director     For       For        Management
7     Reelect Bertrand Jacquillat as Director   For       For        Management
8     Reelect Maurice Lippens as Director       For       For        Management
9     Elect Lord Levene of Portsoken KBE as     For       For        Management
      Director
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 4 Billion
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1.8 Billion
12    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
13    Authorize Up to One Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
A     Shareholder Proposal: Authorize Up to One Against   Against    Shareholder
      Percent of Issued Capital for Use in
      Restricted Stock Plan


--------------------------------------------------------------------------------

TOYOTA MOTOR CORP.

Ticker:       TM             Security ID:  JP3633400001
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 40, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
2.20  Elect Director                            For       For        Management
2.21  Elect Director                            For       For        Management
2.22  Elect Director                            For       For        Management
2.23  Elect Director                            For       For        Management
2.24  Elect Director                            For       For        Management
2.25  Elect Director                            For       For        Management
2.26  Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Executive Stock Option Plan       For       For        Management
5     Authorize Share Repurchase Program        For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management
7     Amend Articles of Incorporation to        Against   For        Shareholder
      Require Disclosure of Individual
      Compensation Levels of Directors and
      Statutory Auditors
8     Amend Articles of Incorporation to        Against   Against    Shareholder
      Require Reporting of Contributions to
      Political Parties and Political
      Fundraising Organizations


--------------------------------------------------------------------------------

TYCO INTERNATIONAL LTD.

Ticker:       TYC            Security ID:  902124106
Meeting Date: MAR 10, 2005   Meeting Type: Annual
Record Date:  JAN 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dennis C. Blair           For       For        Management
1.2   Elect  Director Edward D. Breen           For       For        Management
1.3   Elect  Director George W. Buckley         For       For        Management
1.4   Elect  Director Brian Duperreault         For       For        Management
1.5   Elect  Director Bruce S. Gordon           For       For        Management
1.6   Elect  Director Rajiv L. Gupta            For       For        Management
1.7   Elect  Director John A. Krol              For       For        Management
1.8   Elect  Director Mackey J. Mcdonald        For       For        Management
1.9   Elect  Director H. Carl Mccall            For       For        Management
1.10  Elect  Director Brendan R. O'Neill        For       For        Management
1.11  Elect  Director Sandra S. Wijnberg        For       For        Management
1.12  Elect  Director Jerome B. York            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

UNILEVER N.V.

Ticker:       UN             Security ID:  NL0000009348
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAY 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Consideration of Annual Report and Report None      Did Not    Management
      of Remuneration Committee                           Vote
2     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports; Approve Distribution             Vote
      of EUR 27.9 Million for Dividends on
      Preference Shares and EUR 1,041.8 Million
      for Dividends on Ordinary Shares
3     Approve Discharge of Executive Directors  For       Did Not    Management
                                                          Vote
4     Approve Discharge of Non-Executive        For       Did Not    Management
      Directors                                           Vote
5     Discussion about Company's Corporate      For       Did Not    Management
      Governance Structure; Amend Articles Re:            Vote
      Group Chief Executive; Remove Reference
      to NLG 0.10 Cumulative Preference Shares
      to Reflect Their Cancellation (Item 9);
      Adopt Indemnification Policy
6a    Relect P.J. Cescau as Executive Director  For       Did Not    Management
                                                          Vote
6b    Relect C.J. van der Graaf as Executive    For       Did Not    Management
      Director                                            Vote
6c    Relect R.H.P. Markham as Executive        For       Did Not    Management
      Director                                            Vote
6d    Elect R.D. Kugler as Executive Director   For       Did Not    Management
                                                          Vote
7a    Relect A. Burgmans as Non-Executive       For       Did Not    Management
      Director                                            Vote
7b    Relect Rt Hon The Lord of Brittan of      For       Did Not    Management
      Spennithorne QC DL as Non-Executive                 Vote
      Director
7c    Relect Rt Hon The Baroness Chalker of     For       Did Not    Management
      Wallasey as Non-Executive Director                  Vote
7d    Relect B. Collomb as Non-Executive        For       Did Not    Management
      Director                                            Vote
7e    Relect W. Dik as Non-Executive Director   For       Did Not    Management
                                                          Vote
7f    Relect O. Fanjul as Non-Executive         For       Did Not    Management
      Director                                            Vote
7g    Relect H. Kopper as Non-Executive         For       Did Not    Management
      Director                                            Vote
7h    Relect Lord Simon of Highbury CBE as      For       Did Not    Management
      Non-Executive Director                              Vote
7i    Relect J. van der Veer as Non-Executive   For       Did Not    Management
      Director                                            Vote
8     Approve Global Performance Share Plan     For       Did Not    Management
      2005; Amend Performance Criteria for                Vote
      Annual Bonus for Executive Directors; Set
      Annual Bonus for Group Chief Executive at
      Maximum of 150% of Base Salary from 2005
      Onwards
9     Discuss Policy Concerning NLG 0.10        For       Did Not    Management
      Cumulative Preference Shares; Approve EUR           Vote
      9.6 Million Reduction in Share Capital
      via Cancellation of NLG 0.10 Cumulative
      Preference Shares
10    Ratify PricewaterhouseCoopers N.V,        For       Did Not    Management
      Rotterdam, as Auditors                              Vote
11    Grant Board Authority to Issue Authorized For       Did Not    Management
      Yet Unissued Shares Restricting/Excluding           Vote
      Preemptive Rights Up to 10 Percent of
      Issued Share Capital (20 Percent in
      Connection with Merger or Acquisition)
12    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
13    Allow Questions                           None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

UNILEVER N.V.

Ticker:       UN             Security ID:  NL0000009348
Meeting Date: MAY 10, 2005   Meeting Type: Special
Record Date:  MAY 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Transfer of Administration of     For       For        Management
      Shares from Nedamtrust to a New
      Foundation, Stichting
      Administratiekantoor Unilever N.V.
3     Allow Questions                           None      None       Management
4     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

UNITED TECHNOLOGIES CORP.

Ticker:       UTX            Security ID:  913017109
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:  FEB 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director George David               For       For        Management
1.2   Elect Director Jean-Pierre Garnier        For       For        Management
1.3   Elect Director Jamie S. Gorelick          For       For        Management
1.4   Elect Director Charles R. Lee             For       For        Management
1.5   Elect Director Richard D. McCormick       For       For        Management
1.6   Elect Director Harold McGraw III          For       For        Management
1.7   Elect Director Frank P. Popoff            For       For        Management
1.8   Elect Director H. Patrick Swygert         For       For        Management
1.9   Elect Director Andre Villeneuve           For       For        Management
1.10  Elect Director H. A. Wagner               For       For        Management
1.11  Elect Director Christine Todd Whitman     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Increase Disclosure of Executive          Against   Against    Shareholder
      Compensation
5     Adopt Ethical Criteria for Military       Against   Against    Shareholder
      Contracts
6     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

VERIZON COMMUNICATIONS

Ticker:       VZ             Security ID:  92343V104
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James R. Barker            For       For        Management
1.2   Elect Director Richard L. Carrion         For       For        Management
1.3   Elect Director Robert W. Lane             For       For        Management
1.4   Elect Director Sandra O. Moose            For       For        Management
1.5   Elect Director Joseph Neubauer            For       Withhold   Management
1.6   Elect Director Thomas H. O' Brien         For       For        Management
1.7   Elect Director Hugh B. Price              For       For        Management
1.8   Elect Director Ivan G. Seidenberg         For       For        Management
1.9   Elect Director Walter V. Shipley          For       For        Management
1.10  Elect Director John R. Stafford           For       For        Management
1.11  Elect Director Robert D. Storey           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Provide for Cumulative Voting             Against   Against    Shareholder
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
5     Require Majority of Independent Directors Against   Against    Shareholder
      on Board
6     Separate Chairman and CEO Positions       Against   Against    Shareholder
7     Amend Director/Officer                    Against   Against    Shareholder
      Liability/Indemnifications Provisions
8     Report on Political Contributions         Against   Against    Shareholder


--------------------------------------------------------------------------------

VODAFONE GROUP PLC

Ticker:                      Security ID:  GB0007192106
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect Peter Bamford as Director        For       For        Management
4     Re-elect Julian Horn-Smith as Director    For       For        Management
5     Re-elect Sir David Scholey as Director    For       For        Management
6     Elect Luc Vandevelde as Director          For       For        Management
7     Approve Final Dividend of 1.0780 Pence    For       For        Management
      Per Ordinary Share
8     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise the Company and Any Company     For       For        Management
      Which is or Becomes a Subsidiary of the
      Company to Make EU Political Donations or
      Incur EU Political Expenditure up to
      Aggregate Nominal Amount of GBP 100,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 900 Million
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 330 Million
13    Authorise 6.6 Billion Ordinary Shares for For       For        Management
      Market Purchase
14    Authorise 660 Million Ordinary Shares for For       For        Management
      Market Purchase Pursuant to Contingent
      Purchase Contracts


--------------------------------------------------------------------------------

WOLTERS KLUWER NV

Ticker:       WTKWY          Security ID:  NL0000395887
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:  APR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2a    Receive Report of Management Board        None      None       Management
2b    Receive Report of Supervisory Board       None      None       Management
2c    Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
2d    Approve Financial Statements and          For       For        Management
      Statutory Reports
2e    Approve Dividend of EUR 0.55 Per Ordinary For       For        Management
      Share
3a    Approve Discharge of Management Board     For       For        Management
3b    Approve Discharge of Supervisory Board    For       For        Management
4     Discussion on Company's Corporate         None      None       Management
      Governance Report
5     Amend Articles to Reflect Amendments to   For       For        Management
      Book 2 of Dutch Civil Code on Two-tiered
      Company Regime
6a    Reelect A.J. Frost to Supervisory Board   For       For        Management
6b    Reelect P.N. Wakkie to Supervisory Board  For       For        Management
7     Approve Remuneration of Supervisory Board For       For        Management
8a    Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares Up To 10% of Issued
      Capital To Be Increased By 10% In Case of
      Merger or Acquisition
8b    Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 8a
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Ratify KPMG as Auditors                   For       For        Management
11    Other Business (Non-Voting)               None      None       Management
12    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

WPP GROUP PLC

Ticker:       WPPG10         Security ID:  GB0009740423
Meeting Date: JUN 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 5.28 Pence Per  For       For        Management
      Ordinary Share
3     Elect Lubna Olayan as Director            For       For        Management
4     Elect Jeffrey Rosen as Director           For       For        Management
5     Elect Mark Read as Director               For       For        Management
6     Re-elect Sir Martin Sorrell as Director   For       For        Management
7     Re-elect Stanley Morten as Director       For       Abstain    Management
8     Re-elect John Quelch as Director          For       For        Management
9     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 42,115,797
11    Authorise 126,473,866 Ordinary Shares for For       For        Management
      Market Purchase
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,323,693
13    Approve Remuneration Report               For       For        Management


--------------------------------------------------------------------------------

WYETH

Ticker:       WYE            Security ID:  983024100
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard L. Carrion        For       For        Management
1.2   Elect  Director Robert Essner             For       For        Management
1.3   Elect  Director John D. Feerick           For       For        Management
1.4   Elect  Director Frances D. Fergusson      For       For        Management
1.5   Elect  Director Robert Langer             For       For        Management
1.6   Elect  Director John P. Mascotte          For       For        Management
1.7   Elect  Director Mary Lake Polan           For       For        Management
1.8   Elect  Director Ivan G. Seidenberg        For       For        Management
1.9   Elect  Director Walter V. Shipley         For       For        Management
1.10  Elect  Director John R. Torell III        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Review and Report on Drug Reimportation   Against   Against    Shareholder
      Policy
5     Separate Chairman and CEO Positions       Against   Against    Shareholder
6     Report on Political Contributions         Against   Against    Shareholder
7     Discontinue Promotion of Premarin and     Against   Against    Shareholder
      Report on Animal Testing


--------------------------------------------------------------------------------

XEROX CORP.

Ticker:       XRX            Security ID:  984121103
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Glenn A. Britt            For       For        Management
1.2   Elect  Director Richard J. Harrington     For       For        Management
1.3   Elect  Director William Curt Hunter       For       For        Management
1.4   Elect  Director Vernon E. Jordan, Jr.     For       For        Management
1.5   Elect  Director Hilmar Kopper             For       For        Management
1.6   Elect  Director Ralph S. Larsen           For       For        Management
1.7   Elect  Director Robert A. McDonald        For       For        Management
1.8   Elect  Director Anne M. Mulcahy           For       For        Management
1.9   Elect  Director N.J. Nicholas, Jr.        For       For        Management
1.10  Elect  Director Ann N. Reese              For       For        Management
1.11  Elect  Director Stephen Robert            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

XL CAPITAL LTD (FORMERLY EXEL LTD. )

Ticker:       XL             Security ID:  G98255105
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael P. Esposito, Jr   For       For        Management
1.2   Elect  Director Robert R. Glauber         For       For        Management
1.3   Elect  Director Cyril Rance               For       For        Management
1.4   Elect  Director Ellen E. Thrower          For       For        Management
2     Ratify Auditors                           For       For        Management
3     TO APPROVE THE AMENDMENT AND RESTATEMENT  For       For        Management
      OF THE COMPANY S 1991 PERFORMANCE
      INCENTIVE PROGRAM.


--------------------------------------------------------------------------------

YELL GROUP PLC

Ticker:                      Security ID:  GB0031718066
Meeting Date: JUL 13, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 6 Pence Per     For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Elect John Condron as Director            For       For        Management
5     Elect John Davis as Director              For       For        Management
6     Elect Lyndon Lea as Director              For       For        Management
7     Elect Lord Powell of Baywater as Director For       For        Management
8     Elect Robert Scott as Director            For       For        Management
9     Elect Charles Carey as Director           For       For        Management
10    Elect John Coghlan as Director            For       For        Management
11    Elect Joachim Eberhardt as Director       For       For        Management
12    Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
13    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
14    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 2,323,812
15    Authorise the Company to Make EU          For       For        Management
      Political Donations and Incur EU
      Political Expenditure up to Aggregate
      Nominal Amount of GBP 100,000
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 348,921
17    Authorise 69,784,148 Ordinary Shares for  For       For        Management
      Market Purchase
18    Amend Articles of Association Re: Removal For       For        Management
      of the Rights of Certain Shareholders to
      Appoint Non-executive Directors, Treasury
      Share Regulations 2003 and the Correction
      of Typographical Errors and Cross
      References




============ MORGAN STANLEY INSTITUTIONAL FUND INC. - INTERNATIONAL ============
============                    EQUITY PORTFOLIO                    ============


ABN AMRO HOLDING NV

Ticker:       ABN            Security ID:  NL0000301109
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Management Board        None      None       Management
2a    Approve Financial Statements and          For       For        Management
      Statutory Reports
2b    Presentation on Dividend and Reserve      For       For        Management
      Policy; Approve Dividend
2c    Approve Discharge of Management Board     For       For        Management
2d    Approve Discharge of Supervisory Board    For       For        Management
3     Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Management Board
      Members
4a    Elect Robert van den Bergh to Supervisory For       For        Management
      Board
4b    Elect Anthony Ruys to Supervisory Board   For       For        Management
5a    Discussion about Company's Corporate      None      None       Management
      Governance Structure
5b    Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7a    Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued  Ordinary Shares,
      Convertible Preference Shares, and
      Preference Financing Shares Up to 20
      Percent of Issued Capital
7b    Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 7a
8     Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

ABN AMRO HOLDING NV

Ticker:       ABN            Security ID:  NL0000301109
Meeting Date: AUG 25, 2004   Meeting Type: Special
Record Date:  AUG 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to Reflect Changes in      For       For        Management
      Capital: Cancel Outstanding Preference
      Shares and Issuance of New Financing
      Preference Shares
2     Grant Board Authority to Issue Ordinary   For       For        Management
      Shares, Convertible Preference Shares,
      and Financing Preference Shares up to 20
      Percent of Issued Share Capital
      Restricting/Excluding Preemptive Rights
3     Authorize Delisting of ABN AMRO Holding   For       For        Management
      N.V. Securities from Singapore Exchange


--------------------------------------------------------------------------------

AKZO-NOBEL NV

Ticker:       AZKBF          Security ID:  NL0000009132
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
3c    Adoption of Dividend Proposal             For       For        Management
4a    Approve Discharge of Management Board     For       For        Management
4b    Approve Discharge of Supervisory Board    For       For        Management
5     Fix Number of Members of Management Board For       For        Management
      at 4
6     Elect M.A. van den Bergh and Reelect A.E. For       For        Management
      Cohen to Supervisory Board
7     Discussion of Corporate Governance        None      None       Management
8a    Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Management Board
      Members
8b    Approve Performance Related Share Plan    For       For        Management
      for Executives
8c    Approve Revised Performance Related       For       For        Management
      Option Plan for Executives
9     Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
10a   Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Common and/or Preferred
      Shares Up to 10 Percent of Issued Share
      Capital (20 Percent in Connection with
      Merger or Acquisition)
10b   Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 10a
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

ALLIED DOMECQ PLC

Ticker:       ALLYY          Security ID:  GB0007294571
Meeting Date: JAN 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 9.67 Pence Per  For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Graham Hetherington as Director  For       For        Management
5     Re-elect David Scotland as Director       For       For        Management
6     Re-elect Richard Turner as Director       For       For        Management
7     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 92,214,192.75
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 13,832,128.75
11    Authorise 110,657,031 Shares for Market   For       For        Management
      Purchase
12    Authorise EU Political Donations up to    For       For        Management
      GBP 80,000 and to Incur EU Political
      Expenditure up to GBP 20,000
13    Approve Allied Domecq PLC Performance     For       For        Management
      Share Plan 2005
14    Amend Allied Domecq PLC Long Tern         For       For        Management
      Incentive Scheme 1999


--------------------------------------------------------------------------------

ASATSU-DK INC.

Ticker:                      Security ID:  JP3109800007
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 11, Special JY 0
2     Amend Articles to Allow Non-Shareholders  For       For        Management
      to Act as Proxies for Shareholders of the
      Company
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

ASTELLAS PHARMA INC. (FRMLY. YAMANOUCHI PHARMACEUTICAL CO. LTD.)

Ticker:                      Security ID:  JP3942400007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 16, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditors, and Special
      Payments to Continuing Directors and
      Statutory Auditor in Connection with
      Abolition of Retirement Bonus System
4     Approve Deep Discount Stock Option Plan   For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

BAA PLC

Ticker:       BAAPY          Security ID:  GB0000673409
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 13.4 Pence Per  For       For        Management
      Ordinary Share
4     Elect Tony Ball as Director               For       For        Management
5     Elect Robert Walker as Director           For       For        Management
6     Re-elect Mike Clasper as Director         For       For        Management
7     Re-elect Margaret Ewing as Director       For       For        Management
8     Re-elect Mike Toms as Director            For       For        Management
9     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 53,552,000
12    Cancel the Special Rights Redeemable      For       For        Management
      Preference Share and Reduce Stated
      Capital from GBP 1,300,000,001 to GBP
      1,300,000,000
13    Amend Articles of Association Re: Special For       For        Management
      Share
14    Approve the BAA Performance Share Plan    For       For        Management
15    Authorise the Company to Make EU          Against   Against    Management
      Political Donations and Incur Political
      Expenditure up to Aggregate Nominal
      Amount of GBP 1,250,000


--------------------------------------------------------------------------------

BARCLAYS PLC

Ticker:       MVCI           Security ID:  GB0031348658
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect Sir Andrew Likierman as Director For       For        Management
4     Re-elect Richard Clifford as Director     For       For        Management
5     Re-elect Matthew Barrett as Director      For       For        Management
6     Re-elect John Varley as Director          For       For        Management
7     Re-elect David Arculus as Director        For       For        Management
8     Re-elect Sir Nigel Rudd as Director       For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Approve Barclays PLC Performance Share    For       For        Management
      Plan
12    Authorise the Directors to Establish      For       For        Management
      Supplements or Appendices to the
      Performance Share Plan
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 538,163,237
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 80,724,485
15    Authorise 968,600,000 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

BAYER AG

Ticker:       BAY            Security ID:  DE0005752000
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          For       For        Management
      Statutory Reports; Allocation of Income
      and Dividends of EUR 0.55 per Share
2     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
4     Elect Klaus Kleinfeld and Ekkehard Schulz For       For        Management
      to the Supervisory Board; Elect Jochen
      Appell and Hans-Dirk Krekeler as
      Alternate Members to the Supervisory
      Board
5     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration
6     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings due
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)
7     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
8     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors for Fiscal Year 2005


--------------------------------------------------------------------------------

BAYER AG

Ticker:       BAY            Security ID:  DE0005752000
Meeting Date: NOV 17, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Spin-Off of LANXESS Segment;      For       For        Management
      Approve Acquisition of LANXESS AG


--------------------------------------------------------------------------------

BAYERISCHE MOTOREN WERKE AG (BMW)

Ticker:                      Security ID:  DE0005190003
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.62 per Common Share              Vote
      and EUR 0.64 per Preferred Share
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft as Auditors                   Vote
6     Amend Articles Re: Calling of and         For       Did Not    Management
      Registration for Shareholder Meetings due           Vote
      to Pending Changes in German Law (Law on
      Company Integrity and Modernization of
      Shareholder Lawsuits)
7     Authorize Share Repurchase Program and    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote


--------------------------------------------------------------------------------

BHP BILLITON PLC (FORMERLY BILLITON PLC)

Ticker:                      Security ID:  GB0000566504
Meeting Date: JUN 13, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorise Appropriation of Distributable  For       For        Management
      Profits of the Company for the Dividend
      Rectification
2     Approve Cancellation of Share Premium     For       For        Management
      Account


--------------------------------------------------------------------------------

BHP BILLITON PLC (FORMERLY BILLITON PLC)

Ticker:                      Security ID:  GB0000566504
Meeting Date: NOV 25, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for BHP Billiton Ltd.
2     Accept Financial Statements and Statutory For       For        Management
      Reports for BHP Billiton Plc
3     Re-elect Don Argus as Director of BHP     For       For        Management
      Billiton Ltd.
4     Re-elect Don Argus as Director of BHP     For       For        Management
      Billiton Plc
5     Re-elect David Crawford as Director of    For       For        Management
      BHP Billiton Ltd.
6     Re-elect David Crawford as Director of    For       For        Management
      BHP Billiton Plc
7     Re-elect Charles Goodyear as Director of  For       For        Management
      BHP Billiton Ltd.
8     Re-elect Charles Goodyear as Director of  For       For        Management
      BHP Billiton Plc
9     Re-elect John Schubert as Director of BHP For       For        Management
      Billiton Ltd.
10    Re-elect John Schubert as Director of BHP For       For        Management
      Billiton Plc.
11    Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      BHP Billiton Plc and Authorise Board to
      Fix Remuneration of Auditors
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 265,926,499
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 61,703,675
14    Authorise 246,814,700 BHP Billiton Plc    For       For        Management
      Ordinary Shares for Market Purchase
15    Approve Remuneration Report               For       For        Management
16    Amend BHP Billiton Ltd. and BHP Billiton  For       For        Management
      Plc Group Incentive Scheme
17    Approve BHP Billiton Ltd. and BHP         For       For        Management
      Billiton Plc Long Term Incentive Plan
18    Approve Grant of Deferred Shares and      For       For        Management
      Options under the Amended BHP Billiton
      Ltd. Group Incentive Scheme and Grant of
      Performance Shares under the BHP Billiton
      Ltd. Long Term Incentive Plan to Charles
      Goodyear
19    Approve Grant of Deferred Shares and      For       For        Management
      Options under the Amended BHP Billiton
      Plc Group Incentive Scheme and Grant of
      Performance Shares under the BHP Billiton
      Plc Long Term Incentive Plan to Mike
      Salamon


--------------------------------------------------------------------------------

BNP PARIBAS SA (FM. BANQUE NATIONALE DE PARIS)

Ticker:                      Security ID:  FR0000131104
Meeting Date: MAY 18, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party  Transactions
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share  Capital
6     Reelect Jean-Francois Lepetit as Director For       For        Management
7     Reelect Gerhard Cromme as Director        For       For        Management
8     Reelect Francois Grappotte as Director    For       For        Management
9     Reelect Helene Ploix as Director          For       For        Management
10    Reelect Baudoin Prot as Director          For       For        Management
11    Elect Loyola De Palacio Del               For       For        Management
      Valle-Lersundi as Director to Replace
      Jacques Friedmann
12    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 780,000
13    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
14    Approve Stock Option Plan Grants          For       For        Management
15    Approve Restricted Stock Plan to          For       Against    Management
      Directors and Employees of Company and
      its Subsidiaries
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Approve Change In Number Of Directors     For       For        Management
      Elected By Employees
18    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

BOC GROUP PLC, THE

Ticker:       BOX            Security ID:  GB0001081206
Meeting Date: JAN 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividend Policy                   For       For        Management
3     Elect Guy Dawson as Director              For       For        Management
4     Elect Anne Quinn as Director              For       For        Management
5     Elect Iain Napier as Director             For       For        Management
6     Re-elect Tony Issac as Director           For       For        Management
7     Re-elect Rob Margetts as Director         For       For        Management
8     Reelect Raj Rajagopal as Director         For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Approve Remuneration Report               For       For        Management
12    Approve The BOC Group UK Savings-Related  For       For        Management
      Share Option Scheme 2005
13    Approve The BOC Group Share Matching Plan For       For        Management
14    Amend The BOC Group Long-Term Incentive   For       For        Management
      Plan
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 18,580,720
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,235,319.25
17    Authorise 49,882,554 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

BP PLC  (FORM. BP AMOCO PLC )

Ticker:       BP.            Security ID:  GB0007980591
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Re-elect David Allen as Director          For       For        Management
2     Re-elect Lord Browne of Madingley as      For       For        Management
      Director
3     Re-elect John Bryan as Director           For       For        Management
4     Re-elect Antony Burgmans as Director      For       For        Management
5     Elect Iain Conn as Director               For       For        Management
6     Re-elect Erroll Davis, Jr. as Director    For       For        Management
7     Elect Douglas Flint as Director           For       For        Management
8     Re-elect Byron Grote as Director          For       For        Management
9     Re-elect Tony Hayward as Director         For       For        Management
10    Re-elect DeAnne Julius as Director        For       For        Management
11    Elect Sir Tom McKillop as Director        For       For        Management
12    Re-elect John Manzoni as Director         For       For        Management
13    Re-elect Walter Massey as Director        For       For        Management
14    Re-elect Michael Miles as Director        For       For        Management
15    Re-elect Sir Ian Prosser as Director      For       For        Management
16    Re-elect Michael Wilson as Director       For       For        Management
17    Re-elect Peter Sutherland as Director     For       For        Management
18    Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
19    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 1,770 Million
20    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 256 Million
21    Authorise 2.1 Billion Ordinary Shares for For       For        Management
      Market Purchase
22    Approve Remuneration Report               For       For        Management
23    Approve Share Incentive Plan              For       For        Management
24    Accept Financial Statements and Statutory For       For        Management
      Reports


--------------------------------------------------------------------------------

BRITISH AMERICAN TOBACCO PLC

Ticker:                      Security ID:  GB0002875804
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 29.2 Pence Per  For       For        Management
      Ordinary Share
4     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
5     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
6a    Re-elect Kenneth Clarke as Director       For       For        Management
6b    Re-elect Paul Rayner as Director          For       For        Management
6c    Re-elect Thys Visser as Director          For       For        Management
7a    Re-elect Piet Beyers as Director          For       For        Management
7b    Re-elect Robert Lerwill as Director       For       For        Management
7c    Re-elect Sir Nicholas Scheele as Director For       For        Management
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 178,421,446
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 26,763,216
10    Authorise 214.1 Million Ordinary Shares   For       For        Management
      for Market Purchase
11    Approve EU Political Donations up to GBP  For       For        Management
      1,000,000 and Incur EU Political
      Expenditure up to GBP 1,000,000
12    Amend British American Tobacco Long-Term  For       For        Management
      Incentive Plan


--------------------------------------------------------------------------------

BUNZL PLC

Ticker:       BUNZ           Security ID:  GB0001540045
Meeting Date: JUN 2, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Demerger of Filtrona Business     For       For        Management
2     Conditional Upon the Passing of           For       For        Management
      Resolution 1, Approve Consolidation of
      Every 9 Bunzl Ordinary Shares of 25 Pence
      Each into 7 Bunzl Ordinary Shares of 32
      1/7 Pence Each
3     Authorise Directors to Implement the      For       For        Management
      Demerger and the Bunzl Share
      Consolidation
4     Authorise 34,067,000 Bunzl Shares for     For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

BUNZL PLC

Ticker:       BUNZ           Security ID:  GB0001540045
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 9.15 Pence Per  For       For        Management
      Share
3     Elect Urich Wolters as Director           For       For        Management
4     Elect Christoph Sander as Director        For       For        Management
5     Elect Mark Harper as Director             For       For        Management
6     Elect Pat Larmon as Director              For       For        Management
7     Re-elect Pat Dyer as Director             For       For        Management
8     Re-elect Paul Heiden as Director          For       For        Management
9     Re-elect David Williams as Director       For       For        Management
10    Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
11    Approve Remuneration Report               For       For        Management
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 39,700,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,635,000
14    Authorise 43,785,000 Shares for Market    For       For        Management
      Purchase
15    Amend Articles of Association Re:         For       For        Management
      Director's Indemnities
16    Amend Articles of Association Re:         For       For        Management
      Electronic Voting
17    Amend Articles of Association Re:         For       For        Management
      Treasury Shares


--------------------------------------------------------------------------------

CADBURY SCHWEPPES PLC

Ticker:       CSG            Security ID:  GB0006107006
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 8.7 Pence Per   For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Wolfgang Berndt as Director      For       For        Management
5     Re-elect Bob Stack as Director            For       For        Management
6     Elect Rosemary Thorne as Director         For       For        Management
7     Re-elect Baroness Wilcox as Director      For       For        Management
8     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 85,680,000
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 12,980,000
12    Authorise 25,960,000 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

CANON INC.

Ticker:       CAJ            Security ID:  JP3242800005
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 40, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

CENTRAL JAPAN RAILWAY CO.

Ticker:                      Security ID:  JP3566800003
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2500,
      Final JY 3000, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

CREDIT SUISSE GROUP (FORMERLY CS HOLDING)

Ticker:       CSR            Security ID:  CH0012138530
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.50 per Share
4     Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital
5.1   Reelect Peter Brabeck-Letmathe, Thomas    For       For        Management
      Bechtler, Robert Benmosche and Ernst
      Tanner as Directors; Elect Jean Lanier
      and Anton van Rossum as Directors
5.2   Ratify KPMG Klynveld Peat Marwick         For       For        Management
      Goerdeler SA as Auditors
5.3   Ratify BDO Visura as Special Auditors     For       For        Management
6     Extend Authorization Term for Creation of For       For        Management
      CHF 22.7 Million Conditional Capital


--------------------------------------------------------------------------------

CSM NV (FORMERLY CENTRALE SUIKER MAATSCHAPPIJ NV)

Ticker:                      Security ID:  NL0000344265
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:  APR 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2a    Receive Reports of Management and         None      None       Management
      Supervisory Board
2b    Discussion about Management Board Report  None      None       Management
2c    Discussion about Supervisory Board Report None      None       Management
3a    Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
3b    Approve Dividend                          For       For        Management
3c    Approve Financial Statements and          For       For        Management
      Statutory Reports
4     Approve Discharge of Management Board     For       For        Management
5     Approve Discharge of Supervisory Board    For       For        Management
6     Discussion about Corporate Governance     None      None       Management
7a    Elect G.J. Hoetmer to Management Board    For       For        Management
7b    Elect M. Ververs to Management Board      Against   Against    Management
8a    Approve Remuneration Report Containing    For       Against    Management
      Remuneration Policy for Management Board
      Members
8b    Approve Long-Term Incentive Plan for      For       Against    Management
      Board of Management
9     Receive Announcement on Composition of    None      None       Management
      Supervisory Board
10    Approve Remuneration of Supervisory Board For       For        Management
      and Supervisory Board Committees
11    Amend Articles to Reflect Recommendations For       For        Management
      of Dutch Corporate Governance Code and
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
12    Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares up to 10 Percent of
      Share Capital Restricting/Excluding
      Preemptive Rights (20 Percent in
      Connection with Merger or Acquisition)
13    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Ordinary Shares and Financing
      Preference Shares
14    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Share
15    Ratify PricewaterhouseCoopers Accountants For       For        Management
      N.V. as Auditors
16    Announcements and Other Business          None      None       Management
      (Non-Voting)
17    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

DAI NIPPON PRINTING CO. LTD.

Ticker:                      Security ID:  JP3493800001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY
      10.50, Final JY 13.50, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 1.2 Billion to 1.5 Billion
      Shares - Cancel Year-End Closure of
      Shareholder Register - Reduce Maximum
      Board Size - Increase Maximum Number of
      Internal Auditors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
3.26  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors
6     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

DAIWA SECURITIES GROUP CO. LTD.

Ticker:                      Security ID:  JP3502200003
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director                            For       For        Management
1.2   Elect Director                            For       For        Management
1.3   Elect Director                            For       For        Management
1.4   Elect Director                            For       For        Management
1.5   Elect Director                            For       For        Management
1.6   Elect Director                            For       For        Management
1.7   Elect Director                            For       For        Management
1.8   Elect Director                            For       For        Management
1.9   Elect Director                            For       For        Management
1.10  Elect Director                            For       For        Management
1.11  Elect Director                            For       For        Management
1.12  Elect Director                            For       For        Management
1.13  Elect Director                            For       For        Management
2     Approve Executive Stock Option Plan and   For       For        Management
      Deep Discount Stock Option Plan


--------------------------------------------------------------------------------

ENI SPA

Ticker:       E              Security ID:  IT0003132476
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Approve Allocation of Income              For       For        Management
3     Authorize Share Repurchase Program        For       For        Management
4     Authorize Reissuance of Repurchased       For       For        Management
      Shares To Service Stock Option Plan in
      Favor of Group Management
5     Fix Number of Directors                   For       For        Management
6     Set Directors' Term of Office             For       For        Management
7.1   Elect Directors - Slate 1 Submitted by    None      Against    Management
      the Ministry of Economy and Finance
7.2   Elect Directors - Slate 2 Submitted by a  None      For        Management
      Group of Institutional Investors
      (Minority Slate)
8     Elect Chairman of the board of Directors  For       For        Management
9     Approve Remuneration of Chairman of the   For       For        Management
      Board and of Directors
10.1  Elect Internal Statutory Auditors - Slate None      Against    Management
      1 Submitted by the Ministry of Economy
      and Finance
10.2  Elect Internal Statutory Auditors - Slate None      For        Management
      1 Submitted by a Group of Institutional
      Investors (Minority Slate)
11    Appoint Chairman of the Internal          For       For        Management
      Statutory Auditors' Board
12    Approve Remuneration of Chairman of       For       For        Management
      Internal Statutory Auditors' Board and of
      Primary Internal Statutory Auditors


--------------------------------------------------------------------------------

FORTIS SA/NV

Ticker:                      Security ID:  BE0003801181
Meeting Date: MAY 25, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2.1   Discuss Statutory Reports (Non-Voting)    None      Did Not    Management
                                                          Vote
2.2   Discuss Consolidated Financial Statements None      Did Not    Management
                                                          Vote
2.3   Accept Financial Statements               For       Did Not    Management
                                                          Vote
2.4   Adopt Allocation of Income For Fiscal     For       Did Not    Management
      Year 2003                                           Vote
2.5   Discuss Dividend Policy                   None      Did Not    Management
                                                          Vote
2.6   Approve Dividends of EUR 1.04 Per Fortis  For       Did Not    Management
      Unit                                                Vote
2.7   Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
2.8   Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
3     Discuss Implementation of Belgian         None      Did Not    Management
      Corporate Governance Code                           Vote
4.1   Reelect Maurice Lippens as Director       For       Did Not    Management
                                                          Vote
4.2   Reelect Baron Daniel Janssen as Director  For       Did Not    Management
                                                          Vote
4.3   Elect Jean-Paul Votron as Director        For       Did Not    Management
                                                          Vote
5     Authorize Share Repurchase Program and    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
6     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

FORTIS SA/NV

Ticker:                      Security ID:  BE0003801181
Meeting Date: MAY 25, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Authorize Share Repurchase Program and    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
3     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

FORTIS SA/NV

Ticker:                      Security ID:  BE0003801181
Meeting Date: OCT 11, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Elect Jean-Paul Votron to Board of        For       For        Management
      Directors
3.1   Approve Remuneration Report               For       Against    Management
3.2   Approve Stock Option Plan and Restricted  For       Against    Management
      Share Plan for Executive Members of the
      Board
4     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

FRANCE TELECOM SA

Ticker:                      Security ID:  FR0000133308
Meeting Date: APR 22, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.48 per Share
4     Approve Accounting Transfers From         For       For        Management
      Long-Term Capital Gains Account to
      Ordinary Reserve
5     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
6     Elect Didier Lombard as Director          For       For        Management
7     Reelect Didier Lombard as Director        For       For        Management
8     Reelect Marcel Roulet as Director         For       For        Management
9     Reelect Stephane Richard as Director      For       For        Management
10    Reelect Arnaud Lagardere as Director      For       For        Management
11    Reelect Henri Martre as Director          For       For        Management
12    Reelect Bernard Dufau as Director         For       For        Management
13    Reelect Jean Simonin as Director          For       For        Management
14    Elect Jean-Yves Bassuel as Representative None      Against    Management
      of Employee Shareholders to the Board
15    Elect Bernard Gingreau as Representative  None      Against    Management
      of Employee Shareholders to the Board
16    Elect Stephane Tierce as Representative   None      Against    Management
      of Employee Shareholders to the Board
17    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 500,000
18    Confirm Name Change of Auditor to         For       For        Management
      Deloitte & Associes
19    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
20    Cancel Outstanding Authority to Issue     For       For        Management
      Bonds/Debentures
21    Amend Articles to Reflect August 2003 and For       Against    Management
      June 2004 Regulations
22    Amend Articles to Reflect the             For       For        Management
      Privatization of the Company
23    Amend Articles to Set Retirement Age of   For       Against    Management
      Chairman, CEO, and Other Executive
      Directors
24    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 4 Billion
25    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 4 Billion
26    Authorize Board to Set Issue Price for    For       Against    Management
      Ten Percent of Issued Capital Pursuant to
      Issue Authority without Preemptive Rights
27    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      Proposed in Items 24 and 25
28    Authorize Capital Increase of Up to EUR 4 For       For        Management
      Billion for Future Exchange Offers
29    Authorize Capital Increase of Up to Ten   For       Against    Management
      Percent of Issued Capital for Future
      Acquisitions
30    Authorize Issuance of Equity Upon         For       For        Management
      Conversion of a Subsidiary's
      Equity-Linked Securities
31    Authorize Capital Increase of Up to EUR   For       For        Management
      400 Million to Participants of Orange
      S.A. Stock Option Plan in Connection with
      France Telecom Liquidity Agreement
32    Approve Restricted Stock Plan for Orange  For       Against    Management
      S.A. Option Holders
33    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      8 Billion
34    Approve Issuance of Securities            For       For        Management
      Convertible into Debt
35    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 2 Billion for Bonus Issue or
      Increase in Par Value
36    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
37    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
38    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

FRANCE TELECOM SA

Ticker:                      Security ID:  FR0000133308
Meeting Date: SEP 1, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption of Wholly    For       For        Management
      Owned Subsidiary Wanadoo; Approve
      Accounting Treatment of Merger
2     Authorize Assumption of 27.38 Million     For       For        Management
      Non-Exercised Wanadoo Stock Options
3     Approve Dissolution of Wanadoo Without    For       For        Management
      Liquidation
4     Authorize Board to Issue Up to 100        For       For        Management
      Million Shares to Signatories of
      Liquidity Agreement Pursuant to
      Conversion of Orange SA Stock Options
5     Approve Stock Option Plan Grants          For       Against    Management
6     Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
7     Amend Terms of Share Repurchase of Up to  For       For        Management
      Ten Percent of Issued Capital Submitted
      to Shareholder Vote at April 9, 2004,
      Shareholder Meeting
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

FUJI PHOTO FILM CO. LTD.

Ticker:       FUJIY          Security ID:  JP3814000000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12.5,
      Final JY 12.5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management
4     Approve Retirement Bonus for Statutory    For       Against    Management
      Auditor


--------------------------------------------------------------------------------

GLAXOSMITHKLINE PLC (FORMERLY GLAXO WELLCOME PLC )

Ticker:       GSK            Security ID:  GB0009252882
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Sir Christopher Gent as Director    For       For        Management
4     Elect Sir Deryck Maughan as Director      For       For        Management
5     Elect Julian Heslop as Director           For       For        Management
6     Re-elect Jean-Pierre Garnier as Director  For       For        Management
7     Re-elect Sir Ian Prosser as Director      For       For        Management
8     Re-elect Ronaldo Schmitz as Director      For       For        Management
9     Re-elect Lucy Shapiro as Director         For       For        Management
10    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
11    Authorise the Audit Committee to Fix      For       For        Management
      Remuneration of the Auditors
12    Approve EU Political Donations up to GBP  For       For        Management
      50,000 and Incur EU Political Expenditure
      up to GBP 50,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 73,301,955
14    Authorise 586,415,642 Ordinary Shares for For       For        Management
      Market Purchase
15    Amend Articles of Association Re:         For       For        Management
      Shareholder Resolutions
16    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors
17    Amend Articles of Association Re:         For       For        Management
      Participation of a Proxy in a Meeting


--------------------------------------------------------------------------------

GUS PLC (FORMERLY GREAT UNIVERSAL STORES)

Ticker:                      Security ID:  GB0003847042
Meeting Date: JUL 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 19 Pence Per    For       For        Management
      Ordinary Share
4     Elect Andy Hornby as Director             For       For        Management
5     Re-elect Sir Victor Blank as Director     For       For        Management
6     Re-elect Sir Alan Rudge as Director       For       For        Management
7     Re-elect Alan Smart as Director           For       For        Management
8     Re-elect David Tyler as Director          For       For        Management
9     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise 100 Million Ordinary Shares for For       For        Management
      Market Purchase
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 58,395,799
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 12,705,210


--------------------------------------------------------------------------------

HAYS PLC

Ticker:                      Security ID:  GB0004161021
Meeting Date: NOV 23, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 2 Pence Per     For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Bob Lawson as Director           For       For        Management
5     Re-elect Lesley Knox as Director          For       For        Management
6     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 5,785,981
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 867,897
10    Authorise 260,369,178 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

HAYS PLC

Ticker:                      Security ID:  GB0004161021
Meeting Date: OCT 28, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Demerger Of the DX Mail Business  For       For        Management
      of Hays plc by Way of Dividend Specie;
      Approve Consolidation of DX Services
      plc's Share Capital; Approve Proposals
      with Respect to Options and Awards under
      the Hays Employee Share Scheme
2     Approve Reduction Of the Nominal Value of For       For        Management
      Each DX Services Share From 40 Pence to 5
      Pence
3     Approve DX Services Restricted Share Plan For       Against    Management
4     Approve DX Services Longer Term           For       Against    Management
      Co-Investment Plan
5     Approve Save-As-You-Earn Share Scheme     For       Against    Management


--------------------------------------------------------------------------------

HOLCIM LTD.  (FORMERLY HOLDERBANK FINANCIERE GLARUS)

Ticker:                      Security ID:  CH0012214059
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.25 per Share
4.1   Reelect Willy Kissling, Erich Hunziker,   For       For        Management
      Andreas von Planta, and Gilbert Probst as
      Directors; Elect Thomas Schmidheiny,
      Wolfgang Schuerer, and Dieter Spaelti as
      Directors
4.2   Ratify Ernst & Young Ltd. as Auditors     For       For        Management


--------------------------------------------------------------------------------

IMPERIAL TOBACCO GROUP PLC

Ticker:       ITY            Security ID:  GB0004544929
Meeting Date: FEB 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 35 Pence Per    For       For        Management
      Share
4     Re-elect Anthony Alexander as Director    For       For        Management
5     Re-elect Derek Bonham as Director         For       For        Management
6     Re-elect Gareth Davis as Director         For       For        Management
7     Re-elect Robert Dyrbus as Director        For       For        Management
8     Elect Susan Murray as Director            For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11.1  Authorise the Company to Make EU          For       For        Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.2  Authorise Imperial Tobacco Ltd. to Make   For       For        Management
      EU Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.3  Authorise Imperial Tobacco International  For       For        Management
      Ltd. to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.4  Authorise Van Nelle Tabak Nederland B.V.  For       For        Management
      to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.5  Authorise John Player & Sons Ltd. to Make For       For        Management
      EU Political Donations up to Aggregate
      Nominal Amount of GBP 25,000 and Incur EU
      Political Expenditure Not Exceeding GBP
      25,000
11.6  Authorise Reemtsma Cigarettenfabriken     For       For        Management
      GmbH to Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
11.7  Authorise Ets L. Lacroix Fils NV/SA to    For       For        Management
      Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 25,000
      and Incur EU Political Expenditure Not
      Exceeding GBP 25,000
12    Approve Imperial Tobacco Group            For       For        Management
      International Sharesave Plan
13    Amend Imperial Tobacco Group Share        For       For        Management
      Matching Scheme
14    Amend Imperial Tobacco Group Long Term    For       For        Management
      Incentive Plan
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 24,300,000
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,645,000
17    Authorise 72,900,000 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

ING GROEP NV

Ticker:       ING            Security ID:  NL0000303600
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2a    Receive Reports of Executive and          None      None       Management
      Supervisory Boards
2b    Discussion on Profit Retention and        None      None       Management
      Distribution Policy
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Approve Allocation of Income and Total    For       For        Management
      Dividends of EUR 1.07 Per Share
4a    Approve Discharge of Executive Board      For       For        Management
4b    Approve Discharge of Supervisory Board    For       For        Management
5a    Discuss and Approve Implementation of     For       For        Management
      Dutch Corporate Governance Code by
      Company
5b    Discuss Executive Board Profile           None      None       Management
5c    Discuss Supervisory Board Profile         None      None       Management
6a    Reelect Luella Gross Goldberg to          For       For        Management
      Supervisory Board
6b    Reelect Godfried van der Lugt to          For       For        Management
      Supervisory Board
6c    Elect Jan Hommen to Supervisory Board     For       For        Management
6d    Elect Christine Lagarde to Supervisory    For       For        Management
      Board
7     Approve Stock Option and Incentive Stock  For       For        Management
      Grants for Members of Executive Board
8a    Grant Board Authority to Issue 220        For       For        Management
      Million Ordinary Shares
      Restricting/Excluding Preemptive Rights
      (Plus 220 Million Ordinary Shares in
      Connection with Merger)
8b    Grant Board Authority to Issue 10 Million For       For        Management
      Preference B Shares in Connection with
      Conversion of ING Perpetuals III
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

INTERCONTINENTAL HOTELS GROUP PLC

Ticker:                      Security ID:  GB00B03NF665
Meeting Date: JUN 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 10 Pence Per    For       For        Management
      Share
4a    Elect Andrew Cosslett as Director         For       For        Management
4b    Elect David Kappler as Director           For       For        Management
4c    Re-elect Robert Larson as Director        For       For        Management
4d    Re-elect Richard Hartman as Director      For       For        Management
4e    Re-elect Ralph Kugler as Director         For       For        Management
4f    Re-elect Richard Solomons as Director     For       For        Management
5     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      of the Company
6     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
7     Approve EU Political Donations and        For       For        Management
      Expenditure up to GBP 100,000
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 225,019,783
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 33,752,967
10    Authorise 90,349,461 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

INTERCONTINENTAL HOTELS GROUP PLC

Ticker:                      Security ID:  GB00B03NF665
Meeting Date: JUN 1, 2005    Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement             For       For        Management


--------------------------------------------------------------------------------

INTERCONTINENTAL HOTELS GROUP PLC

Ticker:                      Security ID:  GB00B03NF665
Meeting Date: JUN 1, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Reduction and Increase of Share Cap.;     For       For        Management
      Issue of Equity with Pre-emp. Rights up
      to GBP 750,000,000; Amend Articles of
      Association; Reclassify Auth. but Uniss.
      Ord. Share into Def. Share of 112p;
      Reduction of Cap.; Change Name to
      InterContinental Hotels Plc


--------------------------------------------------------------------------------

ITV PLC

Ticker:                      Security ID:  GB0033986497
Meeting Date: FEB 7, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement Re:         For       For        Management
      Proposed Cancellation of Scheme Shares
      For the Purpose of Reorganisation of
      Share Capital


--------------------------------------------------------------------------------

ITV PLC

Ticker:                      Security ID:  GB0033986497
Meeting Date: FEB 7, 2005    Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement Re:         For       Did Not    Management
      Proposed Cancellation of Scheme Shares              Vote
      For the Purpose of Reorganisation of
      Share Capital


--------------------------------------------------------------------------------

ITV PLC

Ticker:                      Security ID:  GB0033986497
Meeting Date: FEB 7, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement Re:         For       For        Management
      Proposed Cancellation of Scheme Shares
      For the Purpose of Reorganisation of
      Share Capital
2     Conditionally Upon the Approval of Any    For       For        Management
      Variation of the Rights for Ordinary
      Shares and Convertible Shares in Separate
      Class Meetings, the New Articles of the
      Company be adopted to Replace Existing
      Articles


--------------------------------------------------------------------------------

ITV PLC

Ticker:                      Security ID:  GB0033986497
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 1.3 Pence Per   For       For        Management
      Share
4     Re-elect Charles Allen as Director        For       For        Management
5     Re-elect David Chance as Director         For       For        Management
6     Re-elect James Crosby as Director         For       For        Management
7     Re-elect John McGrath as Director         For       For        Management
8     Elect Sir Robert Phillis as Director      For       For        Management
9     Elect Baroness Usha Prashar as Director   For       For        Management
10    Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 138,000,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 21,000,000
14    Approve EU Political Donations and        For       For        Management
      Expenditure up to GBP 150,000
15    Authorise 409,000,000 Ordinary Shares and For       For        Management
      12,000,000 Convertible Shares for Market
      Purchase


--------------------------------------------------------------------------------

JAPAN TOBACCO INC

Ticker:                      Security ID:  JP3726800000
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5000,
      Final JY 7000, Special JY 1000
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

KANSAI ELECTRIC POWER CO. INC.

Ticker:                      Security ID:  JP3228600007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 25, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
2.20  Elect Director                            For       For        Management
2.21  Elect Director                            For       For        Management
2.22  Elect Director                            For       For        Management
2.23  Elect Director                            For       For        Management
2.24  Elect Director                            For       For        Management
2.25  Elect Director                            For       For        Management
2.26  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management
4     Amend Articles to Cap Board Size at 12    Against   Against    Shareholder
5     Amend Articles to Limit Number of         Against   Against    Shareholder
      Statutory Auditors and Require One
      Auditor From Environmental NGO
6     Amend Articles to Require Efforts to      Against   Against    Shareholder
      Prevent Global Warming
7     Amend Articles to Declare Switch From     Against   Against    Shareholder
      Nuclear to Natural Energy
8     Amend Articles to Require All Employees   Against   Against    Shareholder
      to Re-Study Compliance Manual
9     Amend Articles to Require Prioritization  Against   Against    Shareholder
      of Skilled Employees
10    Amend Articles to Prevent Cuts in Repair  Against   Against    Shareholder
      and Maintenance Expenditures
11    Approve Alternate Income Allocation       Against   Against    Shareholder
      Proposal
12    Remove Two Directors from Office          Against   Against    Shareholder
13    Amend Articles to Limit Board Size and    Against   Against    Shareholder
      Require Appointment of Director to Be
      Responsible for Victims of Nuclear
      Accidents
14    Abolish Retirement Bonus System           Against   Against    Shareholder
15    Amend Articles to Require Appointment of  Against   Against    Shareholder
      Environmental Management Committee
16    Amend Articles to Require Appointment of  Against   Against    Shareholder
      Nuclear Power Earthquake Countermeasure
      Committee
17    Amend Articles to Prohibit Participation  Against   Against    Shareholder
      in Reprocessing Activities
18    Amend Articles to Prohibit Use of         Against   Against    Shareholder
      Plutonium


--------------------------------------------------------------------------------

KAO CORP.

Ticker:                      Security ID:  JP3205800000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 19,
      Final JY 19, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Expand Business Lines  For       For        Management
      - Restore Previous Level of Authorized
      Capital Following Share Repurchase and
      Cancellation
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

KYOCERA CORP.

Ticker:       KYO            Security ID:  JP3249600002
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 50, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonus for Director     For       For        Management
6     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
8     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

LAWSON, INC.

Ticker:                      Security ID:  JP3982100004
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 35,
      Final JY 35, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Decrease Authorized Capital to Reflect
      Share Repurchase
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Deep Discount Stock Option Plan   For       For        Management
7     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor, and Special
      Payments to Continuing Directors in
      Connection with Abolition of Retirement
      Bonus System


--------------------------------------------------------------------------------

LINDE AG

Ticker:                      Security ID:  DE0006483001
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.25 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2004
5     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft as Auditors for
      Fiscal Year 2005
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Approve Creation of EUR 80 Million Pool   For       For        Management
      of Conditional Capital with Preemptive
      Rights
8     Approve Creation of EUR 40 Million Pool   For       For        Management
      of Conditional Capital without Preemptive
      Rights
9     Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 1,000
      Million with Preemptive Rights; Approve
      Creation of EUR 50 Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights
10    Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration


--------------------------------------------------------------------------------

MILLEA HOLDINGS INC.

Ticker:                      Security ID:  JP3910660004
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 11000, Special JY 0
2     Amend Articles to: Abolish Retirement     For       For        Management
      Bonus System - Decrease Authorized
      Capital to Reflect Share Repurchase
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
6     Approve Deep Discount Stock Option Plan   For       For        Management
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
8     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

MITSUBISHI ESTATE CO. LTD.

Ticker:                      Security ID:  JP3899600005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 4, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size
3.1   Elect Director                            For       Against    Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       Against    Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management


--------------------------------------------------------------------------------

MITSUI SUMITOMO INSURANCE CO. LTD

Ticker:                      Security ID:  JP3888200007
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 8.5, Special JY 1
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Streamline Board Structure -
      Abolish Retirement Bonus System - Limit
      Directors' Legal Liability
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor and Special
      Payments to Continuing Directors and
      Auditors in Connection with Abolition of
      Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


--------------------------------------------------------------------------------

MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG

Ticker:                      Security ID:  DE0008430026
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2.00 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
6     Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 3 Billion
      with Preemptive Rights; Approve Creation
      of EUR 100 Million Pool of Conditional
      Capital to Guarantee Conversion Rights
7     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration


--------------------------------------------------------------------------------

NATIONAL AUSTRALIA BANK (NAB)

Ticker:       NAB            Security ID:  AU000000NAB4
Meeting Date: JAN 31, 2005   Meeting Type: Annual
Record Date:  JAN 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Chairman's Address, Presentation by the   None      None       Management
      Managing Director and Chief Executive
      Officer, and an Address by the Chairman
      of the Human Resources Committee
2     Receive Financial Statements and          None      None       Management
      Statutory Reports
3.1   Elect Graham Kraehe as Director           For       For        Management
3.2a  Elect Michael A. Chaney as Director       For       For        Management
3.2b  Elect Robert G. Elstone as Director       For       For        Management
3.2c  Elect Ahmed Fahour as Director            For       For        Management
3.2d  Elect Daniel T. Gilbert as Director       For       For        Management
3.2e  Elect Paul J. Rizzo as Director           For       For        Management
3.2f  Elect Jillian S. Segal as Director        For       For        Management
3.2g  Elect Michael J. Ullmer as Director       For       For        Management
3.2h  Elect G. Malcolm Williamson as Director   For       For        Management
4     Remove Geoffrey Tomlinson as a Director   Against   For        Shareholder
5     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
6     Approve Grant of Options, Performance     For       For        Management
      Rights and Shares to John Stewart,
      Managing Director and Chief Executive
      Officer
7     Authorize Share Repurchase Program        For       For        Management


--------------------------------------------------------------------------------

NATIONAL GRID TRANSCO PLC (FORMERLY NATIONAL GRID GROUP PLC,

Ticker:       NGG            Security ID:  GB0031223877
Meeting Date: JUL 26, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 11.87 Pence Per For       For        Management
      Ordinary Share
3     Elect Mike Jesanis as Director            For       For        Management
4     Elect Maria Richter as Director           For       For        Management
5     Re-elect James Ross as Director           For       For        Management
6     Re-elect John Grant as Director           For       For        Management
7     Re-elect Edward Astle as Director         For       For        Management
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Approve Remuneration Report               For       For        Management
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 102,929,251
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 15,439,387
12    Authorise 308,787,755 Ordinary Shares for For       For        Management
      Market Purchase
13    Amend Articles of Association Re:         For       For        Management
      Deletion of the Special Share Article
14    Approve the Cancellation of the Special   For       For        Management
      Rights Non-voting Redeemable Preference
      Share


--------------------------------------------------------------------------------

NEC CORP.

Ticker:       NIPNY          Security ID:  JP3733000008
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 3.2 Billion to 7.5 Billion
      Shares - Reduce Maximum Board Size -
      Clarify Director Authorities - Authorize
      Public Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


--------------------------------------------------------------------------------

NESTLE SA

Ticker:       NESAY          Security ID:  CH0012056047
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Accept Financial Statements and Statutory For       For        Management
      Reports
1b    Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 8.00 per Share
4a    Amend Articles of Association to Separate Against   Against    Shareholder
      Position of CEO and Chairman of the Board
4b    Amend Articles of Association to Reduce   Against   For        Shareholder
      Board Terms from Five Years to Three
      Years; Approve Individual Election of
      Board Members
4c    Amend Articles of Association to Reduce   Against   Against    Shareholder
      Threshold for Submitting Shareholder
      Proposals From CHF 1 Million to CHF
      100,000
5     Elect Guenter Blobel as Director          For       For        Management
6     Ratify KPMG Klynveld Peat Marwick         For       For        Management
      Goerdeler SA as Auditors


--------------------------------------------------------------------------------

NIPPON TELEGRAPH & TELEPHONE CORP.

Ticker:                      Security ID:  JP3735400008
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3000,
      Final JY 3000, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

NOKIA CORP.

Ticker:       NOK            Security ID:  FI0009000681
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Presentation on Annual Accounts   None      None       Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.33 Per Share
4     Approve Discharge of Board and President  For       For        Management
5     Approve Remuneration of Directors         For       For        Management
6     Increase Number of Directors from Eight   For       For        Management
      to Ten
7     Reelect Paul Collins, Georg Ehrnrooth,    For       For        Management
      Bengt Holmstroem, Per Karlsson, Jorma
      Ollila, Marjorie Scardino, Vesa Vainio,
      and Arne Wessberg; Elect Dan Hesse and
      Edouard Michelin as New Directors
8     Approve Remuneration of Auditors          For       For        Management
9     Reelect PricewaterhouseCoopers as         For       For        Management
      Auditors
10    Approve Stock Option Plan for Selected    For       For        Management
      Personnel; Approve Creation of EUR 1.5
      Million Pool of Conditional Capital to
      Guarantee Conversion Rights
11    Approve Between EUR 10.56 Million and EUR For       For        Management
      13.80 Million Reduction in Share Capital
      via Share Cancellation
12    Approve Creation of Maximum EUR 53.16     For       For        Management
      Million Pool of Conditional Capital
      without Preemptive Rights
13    Authorize Repurchase of Up to 221.60      For       For        Management
      Million Shares (Up to 443.20 Million
      Shares Subject to Pending Legislation)
14    Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

NORDEA BANK AB (FORMERLY NORDEA AB)

Ticker:                      Security ID:  SE0000427361
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:  MAR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Claes Beyer as Chairman of Meeting  For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive Report From              Vote
      Board and President
7     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.28 Per Share                     Vote
9     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
10    Determine Number of Members (11) and      For       Did Not    Management
      Deputy Members (0) of Board                         Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of EUR 220,000  for Chairman, EUR            Vote
      90,000 for Vice Chairman, and EUR 70,000
      for Other Directors Plus EUR 1,000 Per
      Extraordinary Board Meeting And Committee
      Meeting; Approve Remuneration of Auditors
12    Reelect Kjell Aamot, Harald Arnkvaern,    For       Did Not    Management
      Hans Dalborg, Gunnel Duveblad, Birgitta             Vote
      Kantola, Claus Madsen, Lars Nordstroem,
      Joergen Pedersen, Timo Peltola, and Maija
      Torkko as Directors; Elect Anne Lundholt
      as New Director
13    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
14    Amend Corporate Purpose                   For       Did Not    Management
                                                          Vote
15    Approve EUR 55.5 Million Reduction in     For       Did Not    Management
      Share Capital via Share Cancellation                Vote
16    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital For Purposes                Vote
      Other Than Equity Trading
17    Authorize Repurchase of Up to One Percent For       Did Not    Management
      of Issued Share Capital For Equity                  Vote
      Trading Purposes
18    Approve Remuneration Policy And Other     For       Did Not    Management
      Terms of Employment For Executive                   Vote
      Management


--------------------------------------------------------------------------------

NOVARTIS AG

Ticker:       NVS            Security ID:  CH0012005267
Meeting Date: MAR 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.05 per Share
4     Approve CHF 19 Million Reduction in Share For       For        Management
      Capital via Share Cancellation
5     Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital
6.1   Reelect Birgit Breuel as Director         For       For        Management
6.2   Reelect Peter Burckhardt as Director      For       For        Management
6.3   Reelect Alexandre Jetzer as Director      For       For        Management
6.4   Reelect Pierre Landolt as Director        For       For        Management
6.5   Reelect Ulrich Lehner as Director         For       For        Management
7     Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

NTT DOCOMO INC.

Ticker:                      Security ID:  JP3165650007
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 1000,
      Final JY 1000, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Maximum Board Size - Decrease
      Authorized Capital to Reflect Share
      Repurchase - Authorize Public
      Announcements in Electronic Format
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
5     Appoint Internal Statutory Auditor        For       Against    Management
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

ORIENTAL LAND CO

Ticker:                      Security ID:  JP3198900007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 20, Special JY 0
2     Amend Articles to: Amend Board Size -     For       For        Management
      Abolish Retirement Bonus System
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor, and Special
      Payments to Continuing Directors and
      Auditors in Connection with Abolition of
      Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


--------------------------------------------------------------------------------

OSAKA GAS CO. LTD.

Ticker:                      Security ID:  JP3180400008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Share Repurchase
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

RECKITT BENCKISER PLC (FORMERLY RECKITT & COLMAN PLC )

Ticker:                      Security ID:  GB0007278715
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 18 Pence Per    For       For        Management
      Share
4     Re-elect Adrian Bellamy as Director       For       For        Management
5     Re-elect George Greener as Director       For       For        Management
6     Elect Graham Mackay as Director           For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 25,438,000
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,815,000
10    Authorise 72,500,000 Shares for Market    For       For        Management
      Purchase
11    Approve Reckitt Benckiser 2005            For       For        Management
      Savings-Related Share Option Plan
12    Approve Reckitt Benckiser 2005 Global     For       For        Management
      Stock Profit Plan
13    Approve Reckitt Benckiser 2005 USA        For       For        Management
      Savings-Related Share Option Plan
14    Amend Reckitt Benckiser Senior Executive  For       For        Management
      Share Ownership Policy Plan


--------------------------------------------------------------------------------

REED ELSEVIER PLC(FORMERLY REED INTERNATIONAL PLC)

Ticker:                      Security ID:  GB0007308355
Meeting Date: APR 27, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Strauss Zelnick as Director         For       For        Management


--------------------------------------------------------------------------------

REED ELSEVIER PLC(FORMERLY REED INTERNATIONAL PLC)

Ticker:                      Security ID:  GB0007308355
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       Against    Management
3     Approve Final Dividend of 9.6 Pence Per   For       For        Management
      Share
4     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
5     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
6     Elect Jan Hommen as Director              For       For        Management
7     Elect Erik Engstrom as Director           For       For        Management
8     Re-elect Mark Armour as Director          For       Against    Management
9     Re-elect Sir Crispin Davis as Director    For       Against    Management
10    Re-elect Andrew Prozes as Director        For       For        Management
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 24,700,000
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,900,000
13    Authorise 127,000,000 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

ROHM CO. LTD.

Ticker:                      Security ID:  JP3982800009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY
      42.50, Final JY 42.50, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Increase Maximum Board For       For        Management
      Size - Authorize Public Announcements in
      Electronic Format
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
5     Approve Special Payments to Satutory      For       Against    Management
      Auditors in Connection with Abolition of
      Retirement Bonus System


--------------------------------------------------------------------------------

ROLLS-ROYCE GROUP PLC ( FORMERLY ROLLS-ROYCE PLC)

Ticker:       RYCEY          Security ID:  GB0032836487
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect Simon Robertson as Director      For       For        Management
4     Re-elect Iain Conn as Director            For       For        Management
5     Re-elect Sir John Taylor as Director      For       For        Management
6     Re-elect Amy Bondurant as Director        For       For        Management
7     Re-elect John Cheffins as Director        For       For        Management
8     Re-elect James Guyette as Director        For       For        Management
9     Re-elect Andrew Shilston as Director      For       For        Management
10    Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
11    Authorise Issue of B Shares with          For       For        Management
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 200,000,000
12    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 850,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 117,133,532
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 17,570,029
15    Authorise 173,313,853 Ordinary Shares for For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

ROYAL BANK OF CANADA

Ticker:       RY.            Security ID:  CA7800871021
Meeting Date: FEB 25, 2005   Meeting Type: Annual
Record Date:  JAN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director W.G. Beattie              For       For        Management
1.2   Elect Director G.A. Cohon                 For       For        Management
1.3   Elect Director D.T. Elix                  For       For        Management
1.4   Elect Director J.T. Ferguson              For       For        Management
1.5   Elect Director P. Gauthier                For       For        Management
1.6   Elect Director J. Lamarre                 For       For        Management
1.7   Elect Director B.C. Louie                 For       For        Management
1.8   Elect Director G.M. Nixon                 For       For        Management
1.9   Elect Director D.P. O'Brien               For       For        Management
1.10  Elect Director R.B. Peterson              For       For        Management
1.11  Elect Director J.P. Reinhard              For       For        Management
1.12  Elect Director C.W. Sewell, Jr.           For       For        Management
1.13  Elect Director K.P. Taylor                For       For        Management
1.14  Elect Director V.L. Young                 For       For        Management
2     Ratify Deloitte & Touche LLP as Auditors  For       For        Management
3     Close Bank Subsidiaries in Tax Havens     Against   Against    Shareholder
4     Fix a Maximum Wage Ceiling for Executives Against   Against    Shareholder
      Officers
5     Establish Term Limits for Directors       Against   Against    Shareholder
6     Provide for Cumulative Voting             Against   Against    Shareholder
7     Replace Executive Stock Option Plan With  Against   Against    Shareholder
      Restricted Share Plan
8     Require At Least 75 Percent Support for   Against   Against    Shareholder
      Director Candidates
9     Require the Resignation of Directors Who  Against   Against    Shareholder
      Change Their Principal Occupation


--------------------------------------------------------------------------------

ROYAL BANK OF SCOTLAND GROUP PLC (THE)

Ticker:       RBSPRE         Security ID:  GB0007547838
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 41.2 Pence Per  For       For        Management
      Share
4     Re-elect Jim Currie as Director           For       For        Management
5     Re-elect Sir Fred Goodwin as Director     For       For        Management
6     Re-elect Sir Steve Robson as Director     For       For        Management
7     Elect Archie Hunter as Director           For       For        Management
8     Elect Charles Koch as Director            For       For        Management
9     Elect Joe MacHale as Director             For       For        Management
10    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Increase in Authorised Share      For       For        Management
      Capital; Authorise Issue of Equity or
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 264,579,936
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 39,686,990
14    Authorise 317,495,924 Shares for Market   For       For        Management
      Purchase
15    Approve 71 M Category II Non-Cumulative   For       For        Management
      US$ Pref. Shares; Allot the Newly Created
      and 179.5 M Unissued Category II
      Non-Cumulative US$ Pref. Shares, the
      64.75 M Unissued Non-Cumulative Euro
      Pref. Shares and 300 M Unissued
      Non-Cumulative GBP Pref. Shares
16    Approve Citizens Financial Group, Inc.    For       For        Management
      Long Term Incentive Plan


--------------------------------------------------------------------------------

ROYAL DUTCH SHELL PLC (FORMERLY ROYAL DUTCH PETROLEUM CO.)

Ticker:       RPETY          Security ID:  NL0000009470
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  JUN 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Annual Report                     None      None       Management
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3.A   Discuss Reserves and Dividend Policy      None      None       Management
3.B   Approve Dividends of EUR 1.79 Per Share   For       For        Management
4.A   Approve Discharge of Managing Directors   For       Against    Management
4.B   Approve Discharge of Supervisory Board    For       Against    Management
5     Reelect L.R. Ricciardi to Supervisory     For       For        Management
      Board
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Approve Share Cancellation                For       For        Management
8     Discussion on Corporate Governance        None      None       Management
9.A   Discussion of Public Exchange Offer       None      None       Management
      Issued by Royal Dutch Shell plc for All
      Ordinary Shares in Capital of Company
      (non-voting)
9.B   Approve Implementation Agreement          For       For        Management
10    Approve Acquisition and Cancellation of   For       For        Management
      All 1,500 Priority Shares and Amend
      Articles to Change Board Structure into
      One-Tier Board
11.A  Elect A.G. Jacobs as Non-Executive Board  For       For        Management
      Member
11.B  Elect Ch. Morin-Postel as Non-Executive   For       For        Management
      Board Member
11.C  Elect A.A. Loudon as Non-Executive Board  For       For        Management
      Member
11.D  Elect L.R. Ricciardi as Non-Executive     For       For        Management
      Board Member
12    Approve Remuneration Policy for Board of  For       For        Management
      Directors
13    Approve Amended Long-Term Incentive Plan  For       For        Management
14    Approve Amended Restricted Share Plan     For       For        Management
15    Approve Amended Deferred Bonus Plan       For       For        Management


--------------------------------------------------------------------------------

ROYAL KPN NV

Ticker:       KPN            Security ID:  NL0000009082
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:  APR 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy Announcements
      (Non-Voting)
3c    Approve Allocation of Income and Total    For       For        Management
      Dividends of EUR 0.35 Per Share
4a    Approve Discharge of Management Board     For       For        Management
4b    Approve Discharge of Supervisory Board    For       For        Management
5a    Receive Report on Corporate Governance    None      None       Management
5b    Amend Articles to Reflect Amendments to   For       For        Management
      Book 2 of Dutch Civil Code on Two-tiered
      Company Regime
6     Appoint PricewaterhouseCoopers            For       For        Management
      Accountants N.V. as Auditors
7a    Discussion on Profile of Supervisory      None      None       Management
      Board
7b    Opportunity to Make Recommendations for   None      None       Management
      Appointment of Two Members of Supervisory
      Board
7ci   Elect A.H.J Risseeuw to Supervisory Board For       For        Management
7cII  Elect M.E van Lier Lels to Supervisory    For       For        Management
      Board
7d    Announcement on Vacancies Arising on      None      None       Management
      Supervisory Board in 2006
7e    Approve Remuneration of Supervisory Board For       For        Management
8a    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8b    Grant Board Authority to Issue Shares Up  For       Against    Management
      to 10% of Issued Share Capital (20% in
      Connection with Merger or Acquisition)
      and All Authorized Yet Unissued Class B
      Preferred Shares
8c    Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 8b
8d    Approve Ten Percent Reduction in Share    For       For        Management
      Capital via Share Cancellation
9     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

SAMSUNG ELECTRONICS CO. LTD.

Ticker:       SSNHY          Security ID:  US7960508882
Meeting Date: FEB 28, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE BALANCE SHEET, INCOME     For       For        Management
      STATEMENT AND STATEMENT OF APPROPRIATION
      OF RETAINED EARNINGS (DRAFT) FOR THE 36TH
      FISCAL YEAR (FROM JANUARY 1, 2004 TO
      DECEMBER 31, 2004), AS SET FORTH IN THE
      COMPANY S NOTICE OF MEETING ENCLOSED
      HEREWITH.
2     APPROVAL OF THE APPOINTMENT OF IN-JOO KIM For       For        Management
      AS AN EXECUTIVE DIRECTOR, AS SET FORTH IN
      THE COMPANY S NOTICE OF MEETING ENCLOSED
      HEREWITH.
3     APPROVAL OF THE COMPENSATION CEILING FOR  For       For        Management
      THE DIRECTORS, AS SET FORTH IN THE
      COMPANY S NOTICE OF MEETING ENCLOSED
      HEREWITH.


--------------------------------------------------------------------------------

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  FR0000120578
Meeting Date: DEC 13, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption of Aventis   For       For        Management
      by Sanofi-Aventis; Authorize Issuance of
      19.1 Million Shares to Compensate Aventis
      Minority Shareholders
2     Approve Accounting Treatment of           For       For        Management
      Absorption
3     Assume Obligations of 257,248 Outstanding For       For        Management
      Aventis Warrants; Authorize Issuance of
      Up to 301,984 Sanofi-Aventis Shares to
      Satisfy Conversion of Aventis Warrants
4     Assume Obligations of 48.08 Million       For       For        Management
      Outstanding Aventis Stock Options;
      Authorize Issuance of Sanofi-Aventis
      Shares to Satisfy Conversion of Aventis
      Stock Options
5     Set Dec. 31, 2004, as Effective Date of   For       For        Management
      Merger and Related Capital Increase to
      Aventis Minority Shareholders
6     Amend Articles to Reflect Changes in      For       For        Management
      Capital
7     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  FR0000120578
Meeting Date: MAY 31, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.20 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Ratify PricewaterhouseCoopers Audit as    For       For        Management
      Auditor
6     Ratify Pierre Coll as Alternate Auditor   For       For        Management
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Cancel Outstanding Debt Issuance          For       For        Management
      Authority
9     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 1.4 Billion; Authorize Global Limit
      of EUR 1.6 Billion
10    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 840 Million
11    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 500 Million for Bonus Issue or
      Increase in Par Value
12    Authorize Board to Increase Capital in    For       Against    Management
      the Event of Demand Exceeding Amounts
      Proposed in Issuance Authorities Above
13    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Approve Stock Option Plan Grants          For       Against    Management
15    Authorize Up to 1 Percent of Issued       For       Against    Management
      Capital For Use in Restricted Stock Plan
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SIEMENS AG

Ticker:       SMAG40         Security ID:  DE0007236101
Meeting Date: JAN 27, 2005   Meeting Type: Annual
Record Date:  JAN 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Supervisory Board Report          None      None       Management
2     Receive Financial Statements and          None      None       Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.25 per Share
4     Approve Discharge of Management Board for For       For        Management
      Fiscal 2003/2004
5     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2003/2004
6     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors
7     Elect Heinrich v. Pierer to the           For       For        Management
      Supervisory Board; Elect Michael Mirow as
      Alternate Supervisory Board Memeber
8     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
9     Approve Remuneration of Supervisory Board For       For        Management
      Members
10    Amend Articles Re: Designate Electronic   For       For        Management
      Publications for Meeting Announcements
      and Invitation to Shareholder Meetings


--------------------------------------------------------------------------------

SKF AB

Ticker:       SKFRF          Security ID:  SE0000108227
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive Committee                Vote
      Reports; Receive Information about
      Remuneration Policy for Company
      Management
8     Receive President's Report                None      Did Not    Management
                                                          Vote
9     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
10    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 12 Per Share                       Vote
11    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
12    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 2.4 Million;                Vote
      Authorize Directors to Receive Cash Value
      Equivalent of Market Value of 300 Class B
      Shares Each (800 For Chairman); Approve
      Remuneration of SEK 300,000 for Committee
      Work
14    Reelect Anders Scharp, Soeren Gyll, Vito  For       Did Not    Management
      Baumgartner, Ulla Litzen, Clas Aake                 Vote
      Hedstroem, Tom Johnstone, and Winnie Kin
      Wah Fok as Directors; Elect Leif Oestling
      as New Director
15    Determine Number of Auditors (1) and      For       Did Not    Management
      Deputy Auditors (0)                                 Vote
16    Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
17    Ratify KPMG as Auditor                    For       Did Not    Management
                                                          Vote
18.1  Amend Articles Re: Decrease Par value     For       Did Not    Management
      from SEK 12.50 to SEK 2.50; Set Range for           Vote
      Minimum (SEK 1.1 Billion) and Maximum
      (SEK 4.4 Billion) Issued Share Capital;
      Authorize a New Share Class (Class C
      Shares)
18.2  Approve SEK 284.6 Million Reduction in    For       Did Not    Management
      Share Capital via Share Cancellation and            Vote
      Repayment to Shareholders (SEK 25 Per
      Share)
18.3  Approve Creation of SEK 284.6 Million     For       Did Not    Management
      Pool of Conditional Capital via Issuance            Vote
      of Class C Shares to Facilitate Reduction
      in Share Capital (Item 18.2)
18.4  Approve SEK 284.6 Million Reduction in    For       Did Not    Management
      Share Capital via Cancellation of Class C           Vote
      Shares and Repayment to Shareholders
19    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee


--------------------------------------------------------------------------------

SOCIETE GENERALE

Ticker:       SCGLY          Security ID:  FR0000130809
Meeting Date: MAY 9, 2005    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 3.3 per Share
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
4     Approve Special Auditors' Report          For       For        Management
      Regarding Absence Related-Party
      Transactions
5     Reelect Jean Azema as Director            For       For        Management
6     Reelect Elisabeth Lulin as Director       For       For        Management
7     Reelect Patrick Ricard as Director        For       For        Management
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9     Reduce Range of Board Size from 15 to 13  For       For        Management
      Board Members; Reduce Number of
      Representatives of Employee Shareholders
      From 3 to 2, and Allow Use of Electronic
      Voting for Elections of Representatives
      of Employee Shareholders
10    Amend Articles to Increase Shareholding   For       For        Management
      Disclosure Threshold from 0.5 Percent to
      1.5 Percent
11    Authorize Up to One Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
12    Authorize Capital Increase of Up to Ten   For       Against    Management
      Percent Of Issued Capital for Future
      Acquisitions
A     Shareholder Proposal: Amend Articles of   Against   For        Shareholder
      Association to Remove Voting Right
      Limitation of 15 Percent
13    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

TELECOM CORP. OF NEW ZEALAND

Ticker:       NZT            Security ID:  NZTELE0001S4
Meeting Date: OCT 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
2     Elect Rod McGeoch as Director             For       For        Management
3     Elect Michael Tyler as Director           For       For        Management
4     Elect Wayne Boyd as Director              For       For        Management
5     Elect Rob McLeod as Director              For       For        Management
6     Amend Constitution Re: Incorporation of   For       For        Management
      NZX Listing Rules by Reference and
      Provide for Changes to the Companies Act
      1993


--------------------------------------------------------------------------------

TELECOM ITALIA SPA.( FORMERLY OLIVETTI SPA )

Ticker:       TI             Security ID:  IT0003497176
Meeting Date: OCT 25, 2004   Meeting Type: Special
Record Date:  OCT 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Report Re: Utilization of Savings None      For        Management
      Shares' Special Reserve
2.1.A Reelect Current Board Representative for  None      For        Management
      Holders of Savings Shares, Carlo Pasteris
2.1.B Elect New Candidate Designated by Saving  None      Against    Management
      Shareholders as Board Representative for
      Holders of Savings Shares
2.2.A Fix Board Representative for Holders of   None      For        Management
      Savings Shares' Term in Office to Three
      Years
2.2.B Fix Board Representative of Holders of    None      Against    Management
      Savings Shares' Term in Office To the
      Newly Proposed Term Presented by Saving
      Shareholders
2.3.A Fix Board Representative for Holders of   None      For        Management
      Savings Shares' Remuneration at EUR
      36,152
2.3.B Fix Board Representative for Holders of   None      Against    Management
      Savings Shares' Remuneration To the Newly
      Proposed Amount Presented by Saving
      Shareholders


--------------------------------------------------------------------------------

TELEFONICA S.A. (FORMERLY TELEFONICA DE ESPANA, S.A.)

Ticker:       TEF            Security ID:  ES0178430E18
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, Allocation of
      Income, and Discharge Directors
2     Approve Dividend                          For       For        Management
3     Approve Merger by Absorption of Terra     For       For        Management
      Networks
4     Elect Directors                           For       For        Management
5     Approve Auditors                          For       For        Management
6     Authorize Share Repurchase Program        For       For        Management
7     Approve Reduction in Stated Capital       For       For        Management
8     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


--------------------------------------------------------------------------------

TELEKOM AUSTRIA

Ticker:                      Security ID:  AT0000720008
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
4     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote
6     Amend Articles to Change Size of          For       Did Not    Management
      Supervisory Board and Establish Mandatory           Vote
      Retirement Age of 65 Years
7     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
8     Receive Report Regarding Share Repurchse  None      Did Not    Management
      Scheme                                              Vote
9     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote


--------------------------------------------------------------------------------

TOKYO GAS CO. LTD.

Ticker:                      Security ID:  JP3573000001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.5,
      Final JY 3.5, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3     Authorize Share Repurchase Program        For       For        Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       For        Management
6     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditors and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
7     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


--------------------------------------------------------------------------------

TOTAL SA (FORMERLY TOTAL FINA ELF  S.A )

Ticker:       TOT            Security ID:  FR0000120271
Meeting Date: MAY 17, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 5.40 per Share of which
      EUR 3.00 Remains to be Distributed
4     Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to 24.4        For       For        Management
      Million Shares
6     Reelect Paul Desmarais Jr as Director     For       For        Management
7     Reelect Bertrand Jacquillat as Director   For       For        Management
8     Reelect Maurice Lippens as Director       For       For        Management
9     Elect Lord Levene of Portsoken KBE as     For       For        Management
      Director
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 4 Billion
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1.8 Billion
12    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
13    Authorize Up to One Percent of Issued     For       Against    Management
      Capital for Use in Restricted Stock Plan
A     Shareholder Proposal: Authorize Up to One Against   Against    Shareholder
      Percent of Issued Capital for Use in
      Restricted Stock Plan


--------------------------------------------------------------------------------

UBS AG

Ticker:                      Security ID:  CH0012032030
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 3.00 per Share
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4.1.1 Reelect Marcel Ospel as Director          For       For        Management
4.1.2 Reelect Lawrence Weinbach as Director     For       For        Management
4.2.1 Elect Marco Suter as Director             For       For        Management
4.2.2 Elect Peter Voser as Director             For       For        Management
4.3   Ratify Ernst & Young Ltd. as Auditors     For       For        Management
5.1   Approve CHF 31.9 Million Reduction in     For       For        Management
      Share Capital via Cancellation of
      Repurchased Shares
5.2   Authorize Repurchase of Issued Share      For       For        Management
      Capital


--------------------------------------------------------------------------------

UNICREDITO ITALIANO SPA (FORM .CREDITO ITALIANO)

Ticker:                      Security ID:  IT0000064854
Meeting Date: APR 30, 2005   Meeting Type: Annual/Special
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Approve Allocation of Income              For       For        Management
3     Fix Number of Directors on the Board;     For       Against    Management
      Elect Directors for a Three-Year Term
      2005-2007
4     Approve Directors' and Executive Commitee For       For        Management
      Members' Annual Remuneration
5     Approve Adherence of the Company to the   For       Against    Management
      European Economic Interest Grouping
      (EEIG) named 'Global Development' (or
      'Sviluppo Globale')
6     Approve Company's Adoption of Costs       For       For        Management
      Relative to the Remuneration of the
      Saving Shareholders' Representative
1     Approve Acquisition of Banca dell'Umbria  For       For        Management
      1462 Spa and of Cassa di Risparmio Carpi
      Spa; Amend Bylaws Accordingly


--------------------------------------------------------------------------------

UNILEVER N.V.

Ticker:       UN             Security ID:  NL0000009348
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAY 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Consideration of Annual Report and Report None      Did Not    Management
      of Remuneration Committee                           Vote
2     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports; Approve Distribution             Vote
      of EUR 27.9 Million for Dividends on
      Preference Shares and EUR 1,041.8 Million
      for Dividends on Ordinary Shares
3     Approve Discharge of Executive Directors  For       Did Not    Management
                                                          Vote
4     Approve Discharge of Non-Executive        For       Did Not    Management
      Directors                                           Vote
5     Discussion about Company's Corporate      For       Did Not    Management
      Governance Structure; Amend Articles Re:            Vote
      Group Chief Executive; Remove Reference
      to NLG 0.10 Cumulative Preference Shares
      to Reflect Their Cancellation (Item 9);
      Adopt Indemnification Policy
6a    Relect P.J. Cescau as Executive Director  For       Did Not    Management
                                                          Vote
6b    Relect C.J. van der Graaf as Executive    For       Did Not    Management
      Director                                            Vote
6c    Relect R.H.P. Markham as Executive        For       Did Not    Management
      Director                                            Vote
6d    Elect R.D. Kugler as Executive Director   For       Did Not    Management
                                                          Vote
7a    Relect A. Burgmans as Non-Executive       For       Did Not    Management
      Director                                            Vote
7b    Relect Rt Hon The Lord of Brittan of      For       Did Not    Management
      Spennithorne QC DL as Non-Executive                 Vote
      Director
7c    Relect Rt Hon The Baroness Chalker of     For       Did Not    Management
      Wallasey as Non-Executive Director                  Vote
7d    Relect B. Collomb as Non-Executive        For       Did Not    Management
      Director                                            Vote
7e    Relect W. Dik as Non-Executive Director   For       Did Not    Management
                                                          Vote
7f    Relect O. Fanjul as Non-Executive         For       Did Not    Management
      Director                                            Vote
7g    Relect H. Kopper as Non-Executive         For       Did Not    Management
      Director                                            Vote
7h    Relect Lord Simon of Highbury CBE as      For       Did Not    Management
      Non-Executive Director                              Vote
7i    Relect J. van der Veer as Non-Executive   For       Did Not    Management
      Director                                            Vote
8     Approve Global Performance Share Plan     For       Did Not    Management
      2005; Amend Performance Criteria for                Vote
      Annual Bonus for Executive Directors; Set
      Annual Bonus for Group Chief Executive at
      Maximum of 150% of Base Salary from 2005
      Onwards
9     Discuss Policy Concerning NLG 0.10        For       Did Not    Management
      Cumulative Preference Shares; Approve EUR           Vote
      9.6 Million Reduction in Share Capital
      via Cancellation of NLG 0.10 Cumulative
      Preference Shares
10    Ratify PricewaterhouseCoopers N.V,        For       Did Not    Management
      Rotterdam, as Auditors                              Vote
11    Grant Board Authority to Issue Authorized For       Did Not    Management
      Yet Unissued Shares Restricting/Excluding           Vote
      Preemptive Rights Up to 10 Percent of
      Issued Share Capital (20 Percent in
      Connection with Merger or Acquisition)
12    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
13    Allow Questions                           None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

UNILEVER N.V.

Ticker:       UN             Security ID:  NL0000009348
Meeting Date: MAY 10, 2005   Meeting Type: Special
Record Date:  MAY 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Transfer of Administration of     For       For        Management
      Shares from Nedamtrust to a New
      Foundation, Stichting
      Administratiekantoor Unilever N.V.
3     Allow Questions                           None      None       Management
4     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

UNITED OVERSEAS BANK

Ticker:       UOVEY          Security ID:  SG1M31001969
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare Final Dividend of SGD 0.40 Per    For       For        Management
      Share
3     Approve Directors' Fees SGD 600,000 for   For       For        Management
      2004 (2003: SGD 618,750)
4     Reappoint Ernst & Young as Auditors and   For       For        Management
      Authorize Board to Fix Their Remuneration
5     Reelect Wong Meng Meng as Director        For       For        Management
6     Reelect Tan Kok Quan as Director          For       For        Management
7     Reelect Ngiam Tong Dow as Director        For       For        Management
8     Reelect Wee Cho Yaw as Director           For       Against    Management
9     Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the UOB 1999 Share
      Option Scheme
10    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights


--------------------------------------------------------------------------------

UNITED OVERSEAS BANK

Ticker:       UOVEY          Security ID:  SG1M31001969
Meeting Date: APR 27, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Share Repurchase Program        For       For        Management


--------------------------------------------------------------------------------

UNITED OVERSEAS BANK

Ticker:       UOVEY          Security ID:  SG1M31001969
Meeting Date: JUN 24, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Distribution of Between a Minimum For       For        Management
      of 153.7 Million and a Maximum of 153.8
      Million Ordinary Shares in the Capital of
      United Overseas Land Ltd. Held by United
      Overseas Bank Ltd. by Way of a Dividend
      in Specie


--------------------------------------------------------------------------------

VODAFONE GROUP PLC

Ticker:                      Security ID:  GB0007192106
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect Peter Bamford as Director        For       For        Management
4     Re-elect Julian Horn-Smith as Director    For       For        Management
5     Re-elect Sir David Scholey as Director    For       For        Management
6     Elect Luc Vandevelde as Director          For       For        Management
7     Approve Final Dividend of 1.0780 Pence    For       For        Management
      Per Ordinary Share
8     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise the Company and Any Company     For       For        Management
      Which is or Becomes a Subsidiary of the
      Company to Make EU Political Donations or
      Incur EU Political Expenditure up to
      Aggregate Nominal Amount of GBP 100,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 900 Million
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 330 Million
13    Authorise 6.6 Billion Ordinary Shares for For       For        Management
      Market Purchase
14    Authorise 660 Million Ordinary Shares for For       For        Management
      Market Purchase Pursuant to Contingent
      Purchase Contracts


--------------------------------------------------------------------------------

WOLSELEY PLC

Ticker:                      Security ID:  GB0009764027
Meeting Date: NOV 18, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       Against    Management
3     Approve Final Dividend of 16 Pence Per    For       For        Management
      Share
4     Elect Nigel Stein as Director             For       For        Management
5     Elect Andy Duff as Director               For       For        Management
6     Re-elect Charles Banks as Director        For       For        Management
7     Re-elect Chip Hornsby as Director         For       For        Management
8     Re-elect James Murray as Director         For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 50,000,000
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,313,728
13    Authorise 58,509,827 Shares for Market    For       For        Management
      Purchase
14    Amend Wolseley plc 2002 Long-Term         For       Against    Management
      Incentive Scheme
15    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 125,000
16    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 500,000
      to GBP 750,000




============ MORGAN STANLEY INSTITUTIONAL FUND INC. - INTERNATIONAL ============
============                    MAGNUM PORTFOLIO                    ============


NATIONAL GRID TRANSCO PLC (FORMERLY NATIONAL GRID GROUP PLC,

Ticker:       NGG            Security ID:  0621672
Meeting Date: JUL 26, 2004   Meeting Type: Annual
Record Date:  JUN 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE THE ANNUAL REPORT AND ACCOUNTS For       Did Not    Management
                                                          Vote
2     TO DECLARE A FINAL DIVIDEND               For       Did Not    Management
                                                          Vote
3     TO REAPPOINT MIKE JESANIS                 For       Did Not    Management
                                                          Vote
4     TO REAPPOINT MARIA RICHTER                For       Did Not    Management
                                                          Vote
5     TO REAPPOINT JAMES ROSS                   For       Did Not    Management
                                                          Vote
6     TO REAPPOINT JOHN GRANT                   For       Did Not    Management
                                                          Vote
7     TO REAPPOINT EDWARD ASTLE                 For       Did Not    Management
                                                          Vote
8     Ratify Auditors                           For       Did Not    Management
                                                          Vote
9     TO APPROVE THE DIRECTORS  REMUNERATION    For       Did Not    Management
      REPORT                                              Vote
10    TO AUTHORISE THE DIRECTORS TO ALLOT       For       Did Not    Management
      SHARES                                              Vote
11    TO DIS-APPLY PRE-EMPTIONS RIGHTS (SPECIAL For       Did Not    Management
      RESOLUTION)                                         Vote
12    TO AUTHORISE THE COMPANY TO PURCHASE ITS  For       Did Not    Management
      OWN SHARES (SPECIAL RESOLUTION)                     Vote
13    TO AMEND THE COMPANY S ARTICLES OF        For       Did Not    Management
      ASSOCIATION (SPECIAL RESOLUTION)                    Vote
14    TO CANCEL THE SPECIAL SHARE (SPECIAL      For       Did Not    Management
      RESOLUTION)                                         Vote


--------------------------------------------------------------------------------

NATIONAL GRID TRANSCO PLC (FORMERLY NATIONAL GRID GROUP PLC,

Ticker:       NGG            Security ID:  0622860
Meeting Date: JUL 26, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Final Dividend of 11.87 Pence Per For       Did Not    Management
      Ordinary Share                                      Vote
3     Elect Mike Jesanis as Director            For       Did Not    Management
                                                          Vote
4     Elect Maria Richter as Director           For       Did Not    Management
                                                          Vote
5     Re-elect James Ross as Director           For       Did Not    Management
                                                          Vote
6     Re-elect John Grant as Director           For       Did Not    Management
                                                          Vote
7     Re-elect Edward Astle as Director         For       Did Not    Management
                                                          Vote
8     Re-appoint PricewaterhouseCoopers LLP as  For       Did Not    Management
      Auditors and Authorise Board to Fix                 Vote
      Remuneration of Auditors
9     Approve Remuneration Report               For       Did Not    Management
                                                          Vote
10    Authorise Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Pre-emptive           Vote
      Rights up to Aggregate Nominal Amount of
      GBP 102,929,251
11    Authorise Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 15,439,387
12    Authorise 308,787,755 Ordinary Shares for For       Did Not    Management
      Market Purchase                                     Vote
13    Amend Articles of Association Re:         For       Did Not    Management
      Deletion of the Special Share Article               Vote
14    Approve the Cancellation of the Special   For       Did Not    Management
      Rights Non-voting Redeemable Preference             Vote
      Share


--------------------------------------------------------------------------------

SCOTTISH & SOUTHERN ENERGY PLC (FRM.HYDRO ELECTRIC POWER PLC

Ticker:       SCTZ40         Security ID:  0790840
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Remuneration Report               For       Did Not    Management
                                                          Vote
3     Approve Final Dividend of 26.4 Pence Per  For       Did Not    Management
      Ordinary Share                                      Vote
4     Elect Kevin Smith as Director             For       Did Not    Management
                                                          Vote
5     Re-elect Henry Casley as Director         For       Did Not    Management
                                                          Vote
6     Re-elect Ian Marchant as Director         For       Did Not    Management
                                                          Vote
7     Re-elect Alistair Phillips-Davies as      For       Did Not    Management
      Director                                            Vote
8     Re-appoint KPMG Audit Plc as Auditors of  For       Did Not    Management
      the Company                                         Vote
9     Authorise Board to Fix Remuneration of    For       Did Not    Management
      the Auditors                                        Vote
10    Authorise Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Pre-emptive           Vote
      Rights up to Aggregate Nominal Amount of
      GBP 142,917,261
11    Authorise Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 21,436,740
12    Authorise 85,746,962 Ordinary Shares for  For       Did Not    Management
      Market Purchase                                     Vote
13    Amend Articles of Association Re:         For       Did Not    Management
      Treasury Shares                                     Vote
14    Amend the Scottish and Southern Energy    For       Did Not    Management
      Employee Share Ownership Plan and the               Vote
      Scottish and Southern Energy plc 2001
      Sharesave Scheme
15    Amend Articles of Association Re: Special For       Did Not    Management
      Share                                               Vote


--------------------------------------------------------------------------------

SINGAPORE AIRLINES LIMITED

Ticker:                      Security ID:  5355288
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       Did Not    Management
      and Auditors' Reports                               Vote
2     Declare Final Dividend of SGD 0.25 Per    For       Did Not    Management
      Share                                               Vote
3     Reelect Brian Pitman as Director          For       Did Not    Management
                                                          Vote
4a    Reelect Koh Boon Hwee as Director         For       Did Not    Management
                                                          Vote
4b    Reelect Davinder Singh s/o Amar Singh as  For       Did Not    Management
      Director                                            Vote
5a    Reelect Chia Pei-Yuan as Director         For       Did Not    Management
                                                          Vote
5b    Reelect Stephen Lee Ching Yen as Director For       Did Not    Management
                                                          Vote
6     Approve Directors' Fees of SGD 629,000    For       Did Not    Management
                                                          Vote
7     Reappoint Ernst & Young as Auditors and   For       Did Not    Management
      Authorize Board to Fix Their Remuneration           Vote
8a    Approve Issuance of Shares without        For       Did Not    Management
      Preemptive Rights                                   Vote
8b    Approve Issuance of ASA Shares at an      For       Did Not    Management
      Issue Price of SGD 0.50 Per Share                   Vote
8c    Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
8d    Approve Issuance of Shares and Grant of   For       Did Not    Management
      Options Pursuant to the Employee Share              Vote
      Option Scheme
8e    Approve Mandate for Transactions with     For       Did Not    Management
      Related Parties                                     Vote
9     Other Business (Voting)                   For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

VEDANTA RESOURCES PLC

Ticker:                      Security ID:  Y9361Q109
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Final Dividend of 5.5 US Cents    For       Did Not    Management
      Per Share                                           Vote
3     Re-elect Anil Agarwal as Director         For       Did Not    Management
                                                          Vote
4     Re-elect Sir David Gore-Booth as Director For       Did Not    Management
                                                          Vote
5     Elect Naresh Chandra as Director          For       Did Not    Management
                                                          Vote
6     Elect Jean-Pierre Rodier as Director      For       Did Not    Management
                                                          Vote
7     Re-appoint Deloitte and Touche LLP as     For       Did Not    Management
      Auditors and Authorise Board to Fix                 Vote
      Remuneration of Auditors
8     Approve Remuneration Report               For       Did Not    Management
                                                          Vote
9     Authorise Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Pre-emptive           Vote
      Rights up to Aggregate Nominal Amount of
      USD 9,559,200
10    Authorise Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 1,433,880




========= MORGAN STANLEY INSTITUTIONAL FUND INC. - INTERNATIONAL SMALL =========
=========                        CAP PORTFOLIO                         =========


AIFUL CORP.

Ticker:                      Security ID:  JP3105040004
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 30, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonus for Director     For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
6     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

ANDRITZ AG

Ticker:                      Security ID:  AT0000730007
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
5     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
6     Ratify Auditors                           For       Did Not    Management
                                                          Vote
7     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
8     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote


--------------------------------------------------------------------------------

APLUS CO. LTD

Ticker:                      Security ID:  JP3122550001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Handling of Net Loss, with No     For       For        Management
      Dividends
2     Amend Articles to: Amend Business Lines - For       For        Management
      Increase Authorized Capital from 743.4
      Million to 1225.4  Million Shares -
      Reduce Directors Term in Office
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

ARIAKE JAPAN CO. LTD.

Ticker:                      Security ID:  JP3125800007
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12.5,
      Final JY 12.5, Special JY 5
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 60 Million to 130 Million
      Shares - Cancel Year-End Closure of
      Shareholder Register
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

ASATSU-DK INC.

Ticker:                      Security ID:  JP3109800007
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 11, Special JY 0
2     Amend Articles to Allow Non-Shareholders  For       For        Management
      to Act as Proxies for Shareholders of the
      Company
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

ASIA SATELLITE TELECOMMUNICATIONS HOLDINGS LTD.

Ticker:       SAT            Security ID:  BMG0534R1088
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:  MAY 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect Robert BEDNAREK as Director       For       Against    Management
3b    Reelect R. Donald FULLERTON as Director   For       For        Management
3c    Reelect Robert SZE as Director            For       For        Management
3d    Reelect Mark RIGOLLE as Director          For       Against    Management
3e    Authorize Board to Fix the Remuneration   For       For        Management
      of the Directors
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5a    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5b    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

ASIA SECURITIES PRINTING

Ticker:                      Security ID:  JP3119000002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 11,
      Final JY 9, Special JY 5
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
3     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

AUTOROUTES DU SUD DE LA FRANCE

Ticker:                      Security ID:  FR0005512555
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.04 per Share
3     Acknowledge Dividend Distributions for    For       For        Management
      Past Three Fiscal Years
4     Approve Accounting Transfer from Special  For       For        Management
      Long-Term Capital Gains Account to Other
      Reserves Account
5     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
6     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Cancel Outstanding Debt Issuance          For       For        Management
      Authorities
9     Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 240,000
10    Reelect Societe Vinci as Director         For       For        Management
11    Reelect Hubert du Mesnil as Director      For       For        Management
12    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
13    Authorize Up to One Percent of Issued     For       For        Management
      Capital for Use in Restricted Stock Plan
14    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
15    Change Corporate Purpose                  For       For        Management
16    Amend Articles Regarding Total Issued     For       For        Management
      Capital
17    Amend Article 6 Regarding Capital         For       For        Management
      Increases
18    Amend Article 9 Regarding Form of Shares  For       Against    Management
19    Amend Article 11 Regarding Transfer of    For       For        Management
      Shares
20    Amend Article 16 Regarding Organization   For       For        Management
      and Responsibilities of the Board
21    Amend Article 17 Regarding Powers of the  For       For        Management
      Board
22    Amend Article 20 Regarding Related Party  For       For        Management
      Transactions
23    Amend Article 24 Regarding Shareholder    For       For        Management
      Meetings
24    Amend Article 26 Regarding Meeting Agenda For       For        Management
25    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

BERU AG

Ticker:                      Security ID:  DE0005072102
Meeting Date: SEP 14, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.10 per Share
3     Approve Discharge of Management Board     For       For        Management
4     Approve Discharge of Supervisory Board    For       For        Management
5     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
6     Elect Gregor Boehm and Volker Grub to the For       For        Management
      Supervisory Board
7     Ratify Bayerische Treuhandgesellschaft AG For       For        Management
      as Auditors


--------------------------------------------------------------------------------

BRITISH VITA PLC

Ticker:                      Security ID:  GB0001421626
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 6.25 Pence Per  For       For        Management
      Share
3     Re-elect Jez Maiden as Director           For       For        Management
4     Re-elect David Campbell as Director       For       For        Management
5     Re-elect Calvin O'Connor as Director      For       For        Management
6     Re-elect Sir Mark Wrightson as Director   For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Approve Remuneration Report               For       For        Management
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 15,422,288
10    Authorise 18,530,865 Shares for Market    For       For        Management
      Purchase
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,316,358


--------------------------------------------------------------------------------

BRITISH VITA PLC

Ticker:                      Security ID:  GB0001421626
Meeting Date: MAY 16, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement; Authorise  For       For        Management
      Issue of Equity or Equity-Linked
      Securities with Pre-emptive Rights up to
      Aggregate Nominal Amount of GBP
      50,000,000; and Amend the Articles
      Association


--------------------------------------------------------------------------------

BRITISH VITA PLC

Ticker:                      Security ID:  GB0001421626
Meeting Date: MAY 16, 2005   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement             For       For        Management


--------------------------------------------------------------------------------

BUZZI UNICEM SPA (FORMERLY UNICEM)

Ticker:                      Security ID:  IT0001347308
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Against    Management
      Reports
2     Elect External Auditors for the           For       For        Management
      Three-Year Term 2005-2007; Fix Auditors'
      Remuneration
3     Fix Number of Directors on the Board;     For       Against    Management
      Elect Directors
4     Approve Remuneration of Directors         For       For        Management
5     Appoint Internal Statutory Auditors;      For       For        Management
      Approve Remuneration of Auditors
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares


--------------------------------------------------------------------------------

CAPITAL RADIO PLC

Ticker:                      Security ID:  GB0001742393
Meeting Date: APR 15, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement with GWR Group   For       For        Management
      plc
2     Approve Increase in Authorised Capital to For       For        Management
      GBP 5,000,000; Pursuant to Issue of
      Equity or Equity-Linked Securities with
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,032,411 Pursuant
      to Merger and Otherwise up to GBP
      1,370,723
3     Change Company Name to GCap Media Plc     For       For        Management
4     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 205,609
5     Authorise 16,448,682 Ordinary Shares for  For       For        Management
      Market Purchase
6     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 800,000


--------------------------------------------------------------------------------

CAPITAL RADIO PLC

Ticker:                      Security ID:  GB0001742393
Meeting Date: JAN 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 12.5 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect David Mansfield as Director      For       For        Management
5     Re-elect Peter Harris as Director         For       For        Management
6     Re-elect Barbara Thomas as Director       For       For        Management
7     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Re-new Capital Radio Savings-Related      For       For        Management
      Share Option Scheme
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 364,374
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 106,781
12    Authorise 8,542,504 Shares for Market     For       For        Management
      Purchase


--------------------------------------------------------------------------------

CARLSBERG

Ticker:                      Security ID:  DK0010181759
Meeting Date: MAR 16, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends
4     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
5     Amend Articles Re: Set Number of Auditors For       For        Management
      (One or More)
6     Reelect Axel Michelsen and Henning        For       For        Management
      Dyremose as Directors; Elect Flemming
      Besenbacher as New Director
7     Ratify KPMG C. Jespersen as Auditor       For       For        Management


--------------------------------------------------------------------------------

CASSA DI RISPARMIO DI FIRENZE

Ticker:                      Security ID:  IT0001000725
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares


--------------------------------------------------------------------------------

CATLIN GROUP LTD

Ticker:                      Security ID:  BMG196F11004
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports (Voting)
2     Accept Remuneration Report                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Fix Remuneration of Auditors              For       For        Management
5     Declare Final Dividend                    For       For        Management
6     Elect Alan Bossin as Director             For       For        Management
7     Elect Michael Eisenson as Director        For       For        Management
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights
10    Authorise Ordinary Shares for Market      For       For        Management
      Purchase


--------------------------------------------------------------------------------

CATTLES PLC (FORMERLY CATTLE

Ticker:                      Security ID:  GB0001803666
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 9.45 Pence Per  For       For        Management
      Ordinary Share
3a    Elect Frank Dee as Director               For       For        Management
3b    Re-elect David Haxby as Director          For       For        Management
3c    Re-elect Sean Mahon as Director           For       For        Management
3d    Re-elect Ian Cummine as Director          For       For        Management
3e    Re-elect Barrie Cottingham as Director    For       For        Management
4     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
5     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
6     Approve Remuneration Report               For       For        Management
7     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 10,957,286
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,643,592
9     Authorise 32,871,858 Ordinary Shares for  For       For        Management
      Market Purchase
10    Approve Increase in Remuneration of       For       For        Management
      Directors from GBP 250,000 to GBP 500,000
11    Amend Articles of Association Re:         For       For        Management
      Disclosure of Interests, Directors'
      Remuneration Report; Additional Powers of
      the Chairman; and Non-Executive
      Directors' Remuneration
12    Approve Cattles Long-Term Incentive Plan  For       For        Management
      2005
13    Approve Cattles Executive Share Option    For       For        Management
      Plan 2005


--------------------------------------------------------------------------------

CELESIO AG (FORMERLY GEHE AG)

Ticker:                      Security ID:  DE0005858005
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports for Fiscal 2004
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.20 per Share for
      Fiscal 2004
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors


--------------------------------------------------------------------------------

D. CARNEGIE & CO AB

Ticker:                      Security ID:  SE0000798829
Meeting Date: MAR 17, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6a    Receive Auditor's Report                  None      Did Not    Management
                                                          Vote
6b    Receive CEO's Report                      None      Did Not    Management
                                                          Vote
6c    Receive Report from Chairman of the Board None      Did Not    Management
                                                          Vote
6d    Receive Reports concerning Audit          None      Did Not    Management
      Committee and Remuneration Committee                Vote
7a    Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
7b    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 5.93 Per Share                     Vote
7c    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
8     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 4.9 Million                 Vote
9     Reelect Lars Bertmar, Christer            For       Did Not    Management
      Zetterberg, Anders Ljungh, Karin Forseke,           Vote
      Fields Wicker-Miurin, Hugo Andersen, and
      Dag Sehlin as Directors; Elect B. Thor
      Bjorgolfsson and One More Person as New
      Directors
10    Authorize Subsidiaries Engaging in        For       Did Not    Management
      Securities Operations to Acquire and Sell           Vote
      Shares in D. Carnegie & Co AB
11    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Between Three and Five           Vote
      of Company's Largest Shareholders to
      Serve on Nominating Committee
12    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

DAIBIRU CORP.

Ticker:                      Security ID:  JP3497200000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3.50,
      Final JY 3.50, Special JY 0
2     Amend Articles to: Expand Board           For       For        Management
      Eligibility
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       Against    Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


--------------------------------------------------------------------------------

DANISCO A/S

Ticker:                      Security ID:  DK0010207497
Meeting Date: AUG 26, 2004   Meeting Type: Annual
Record Date:  AUG 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends of DKK 6.50 Per Share
4     Reelect Joergen Tandrup as Director;      For       For        Management
      Elect Haakan Bjoerklund as New Director
5     Ratify Deloitte and Ernst & Young as      For       For        Management
      Auditors
6.1   Approve DKK 27.6 Million Reduction in     For       For        Management
      Share Capital via Share Cancellation
6.2   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6.3   Authorize Chairman of Meeting to Make     For       For        Management
      Editorial Changes to Adopted Resolutions
      in Connection with Registration
6.4   Require Company to Separately Report on   Against   Against    Shareholder
      Subsidies Received in Annual Report
6.5   Require Company to Separately Report on   Against   Against    Shareholder
      Contributions Connected to Lobbying
      Activities in Annual Report
6.6   Require Management and Board to Report on Against   Against    Shareholder
      Company's Cooperation with Other Sugar
      Producers in Annual Report


--------------------------------------------------------------------------------

DAVIDE CAMPARI-MILANO-S.P.A. INC.

Ticker:                      Security ID:  IT0003101612
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
1     Approve a One-to-Ten Stock Split; Amend   For       For        Management
      Bylaws Accordingly


--------------------------------------------------------------------------------

DE LA RUE PLC

Ticker:                      Security ID:  GB0009380592
Meeting Date: JUL 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 9.8 Pence Per   For       For        Management
      Ordinary Share
4     Elect Leo Quinn as Director               For       For        Management
5     Re-elect Philip Nolan as Director         For       For        Management
6     Re-elect Keith Hodgkinson as Director     For       For        Management
7     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 15,258,813
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,288,821
11    Authorise 27,447,553 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

DEVRO PLC

Ticker:                      Security ID:  GB0002670437
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 2.75 Pence Per  For       For        Management
      Ordinary Share
3     Re-elect Graeme Alexander as Director     For       For        Management
4     Elect Paul Neep as Director               For       For        Management
5     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
6     Approve Remuneration Report               For       For        Management
7     Authorise 16,000,000 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

DNB NOR ASA(FRMLY DNB HOLDING ASA (FORMERLY DEN NORSKE BANK  AS))

Ticker:                      Security ID:  NO0010031479
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Relect Andersen, Froestrup, Johannson,    For       For        Management
      Larre, Leroey, Mohn, Roarsen, and
      Schilbred as Members of Supervisory
      Board; Elect Graendsen and Toemeraas as
      New Members of Supervisory Board; Elect
      20 Deputy Members of Supervisory Board
2     Elect Helge Andresen, Frode Hassel,       For       For        Management
      Kristin Normann, and Thorstein Oeverland
      as Members of Control Committee; Elect
      Svein Brustad and Anita Roarsen as Deputy
      Members of Control Committee
3     Elect Per Moeller and Benedicte Schilbred For       For        Management
      as Members of Nominating Committee
4     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income and Dividends of NOK 2.55 Per
      Share
5     Approve Remuneration of Auditors in the   For       For        Management
      Amount of NOK 450,000 for 2004
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Amend Articles Re: Editorial Changes;     For       For        Management
      Establish Term of Board of Directors (One
      Year)
8     Establish Work Description for Nominating For       For        Management
      Committee
9     Receive Company Report on Corporate       None      None       Management
      Governance


--------------------------------------------------------------------------------

EDIPRESSE S.A.

Ticker:                      Security ID:  CH0003322598
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 5.50 per Bearer Share
      and CHF 1.10 per Registered Share
4     Reelect Marc Lamuniere, Pierre Lamuniere, For       For        Management
      Jean-Francois Lamuniere, Andre Kudelski,
      Paul Reutlinger, and Claude Smadja as
      Directors
5     Ratify PricewaterhouseCoopers SA as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

FISHER & PAYKEL APPLIANCES

Ticker:                      Security ID:  NZFPAE0001S2
Meeting Date: AUG 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect Ralph Waters as Director            For       For        Management
2b    Elect Norman Geary as Director            For       For        Management
2c    Elect John Gilks as Director              For       For        Management
3     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
4     Adopt New Constitution                    For       For        Management
5     Approve Remuneration of Directors in the  For       For        Management
      Amount of NZ$ 900,000
6     Approve Grant of up to 300,000 Options to For       Against    Management
      John Bongard, Managing Director and CEO
7     Approve Cancellation of Options in        For       For        Management
      Consideration for the Issue of Shares


--------------------------------------------------------------------------------

FISHER & PAYKEL HEALTHCARE CORP (FRMLY FISHER & PAYKEL )

Ticker:                      Security ID:  NZFAPE0001S2
Meeting Date: AUG 12, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect Adrienne Clarke as Director         For       For        Management
2b    Elect Nigel Evans as Director             For       For        Management
3     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Approve Remuneration of Directors in the  For       For        Management
      Amount of NZ$ 600,000
5     Adopt New Constitution                    For       For        Management
6     Approve Grant of Up to 55,000 Options to  For       Against    Management
      Michael Daniell, Managing Director and
      Chief Executive Officer of the Company
      Under the Fisher & Paykel Healthcare 2003
      Share Option Plan
7     Approve Cancellation of Vested Options    For       For        Management
      Issued Under Different Fisher & Paykel
      Option Plans in Consideration for the
      Issue of Shares


--------------------------------------------------------------------------------

FKI PLC

Ticker:                      Security ID:  GB0003294591
Meeting Date: JUL 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 3 Pence Per     For       For        Management
      Ordinary Share
4     Elect Charles Matthews as Director        For       For        Management
5     Elect Neil Bamford as Director            For       For        Management
6     Re-elect Sir Michael Hodgkinson as        For       For        Management
      Director
7     Re-elect Reg Gott as Director             For       For        Management
8     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 16,300,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,900,000
12    Authorise 29 Million Ordinary Shares for  For       For        Management
      Market Purchase
13    Amend Articles of Association Re:         For       For        Management
      Electronic Voting


--------------------------------------------------------------------------------

FUJIMI INCORPORATED

Ticker:                      Security ID:  JP3820900003
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 16,
      Final JY 20, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 39.75 Million Shares to 120
      Million Shares - Authorize Public
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management


--------------------------------------------------------------------------------

FUTABA CORP.

Ticker:                      Security ID:  JP3824400000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 23,
      Final JY 23, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       Against    Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor


--------------------------------------------------------------------------------

GALENICA AG (FOMERLY GALENICA HOLDING AG)

Ticker:                      Security ID:  CH0015536466
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and Omission For       For        Management
      of Dividends
4     Approve CHF 25.4 Million Reduction in     For       For        Management
      Share Capital Via Reduction in Par Value
      and Repayment of CHF 3.90 to Shareholders
5     Amend Articles Re: Threshold for          For       For        Management
      Submitting Shareholder Proposals
6.1   Reelect Paul Fasel and Etienne Jornod as  For       For        Management
      Directors
6.2   Ratify Ernst & Young Ltd. as Auditors     For       For        Management


--------------------------------------------------------------------------------

GFK AG

Ticker:                      Security ID:  DE0005875306
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.30 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify KPMG Deutsche Treuhandgesellschaft For       For        Management
      AG as Auditors for Fiscal 2005
6     Elect Stefan Pfander to the Supervisory   For       For        Management
      Board
7     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
8     Approve Creation of EUR 45.9 Million Pool For       Against    Management
      of Conditional Capital with Partial
      Exclusion of Preemptive Rights
9     Amend Articles Re: Authorize Supervisory  For       For        Management
      Board to Make Editorial Changes to
      Articles
10    Amend Articles Re: Term Lengths of        For       For        Management
      Supervisory Board Members Elected to Fill
      Vacancies
11    Approve Remuneration of Supervisory Board For       For        Management
      Members
12    Change Location of Shareholder Meetings   For       For        Management
13    Approve Affiliation Agreements with       For       For        Management
      Subsidiaries


--------------------------------------------------------------------------------

GL TRADE

Ticker:                      Security ID:  FR0000072084
Meeting Date: MAY 25, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1 per Share
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Stock Option Plan Grants          For       For        Management
5     Authorize Board to Set Terms of Stock     For       For        Management
      Option Grants
6     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
7     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

GUNNEBO AB

Ticker:                      Security ID:  SE0000195570
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Receive President's Report                None      Did Not    Management
                                                          Vote
7     Receive Board and Committee Reports       None      Did Not    Management
                                                          Vote
8     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
9.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
9.2   Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 2.25 Per Share; Approve            Vote
      Additional Dividend of One Share in
      Gunnebo Industrier AB for Every Five
      Shares Held in Gunnebo AB
9.3   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
10    Determine Number of Members and Deputy    For       Did Not    Management
      Members of Board                                    Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 400,000 for Chairman and              Vote
      SEK 150,000 For Other Directors
12    Reelect Roger Holtback, Nils-Olov         For       Did Not    Management
      Joensson, Sten Langenius, Mikael                    Vote
      Joensson, Bjarne Holmqvist, Martin
      Svalstedt, and Lena Olving as Directors
13    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Three of Company's               Vote
      Largest Shareholders to Serve on
      Nominating Committee
14    Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
15    Approve Creation of SEK 6 Million Pool of For       Did Not    Management
      Conditional Capital without Preemptive              Vote
      Rights
16    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
17    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

H.S. SECURITIES CO LTD

Ticker:                      Security ID:  JP3160790006
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 5, Special JY 3
2     Amend Articles to: Expand Business Lines  For       Against    Management
      - Increase Authorized Capital and Delete
      References to Subordinated Shares - Allow
      Alternate Statutory Auditors - Cut
      Maximum Board Size - Authorize Share
      Buybacks at Board's Discretion
3     Elect Director                            For       For        Management
4     Appoint Alternate Internal Statutory      For       For        Management
      Auditor
5     Approve Retirement Bonus for Director     For       For        Management
6     Approve Executive Stock Option Plan       For       Against    Management


--------------------------------------------------------------------------------

HUGO BOSS AG

Ticker:                      Security ID:  DE0005245534
Meeting Date: MAY 11, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Special Resolution for Preferred          For       For        Management
      Shareholders: Authorize Share Repurchase
      Program and Reissuance of Repurchased
      Shares


--------------------------------------------------------------------------------

HURXLEY CORP

Ticker:                      Security ID:  JP3765100007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 15, Special JY 50
2     Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

INDEPENDENT NEWS & MEDIA PLC (FRM. INDEP.NEWSPAPERS)

Ticker:                      Security ID:  IE0004614818
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:  JUN 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of EUR 0.06 per    For       For        Management
      Ordinary Share
3.1   Reelect J.C. Davy as a Director           For       For        Management
3.2   Reelect V.A. Ferguson as a Director       For       For        Management
3.3   Reelect B.M.A. Hopkins as a Director      For       For        Management
3.4   Reelect I.E. Kenny as a Director          For       For        Management
3.5   Reelect A.C. O'Reilly as a Director       For       For        Management
3.6   Reelect B. Mulroney as a Director         For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
6     Consider and Authorize Company to Convene For       For        Management
      its Next AGM at any Location Outside the
      State


--------------------------------------------------------------------------------

INDEPENDENT NEWS & MEDIA PLC (FRM. INDEP.NEWSPAPERS)

Ticker:                      Security ID:  IE0004614818
Meeting Date: JUN 8, 2005    Meeting Type: Special
Record Date:  JUN 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Share Repurchase Program        For       For        Management
2     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities for Cash without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of Five Percent of the
      Issued Share Capital
3     Approve Scrip Dividend Program            For       For        Management


--------------------------------------------------------------------------------

INFOMEDIA

Ticker:                      Security ID:  AU000000IFM0
Meeting Date: OCT 28, 2004   Meeting Type: Annual
Record Date:  OCT 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Elect Frances Mary Hernon as Director     For       For        Management
3     Elect Geoffrey Thomas Henderson as        For       For        Management
      Director
4     Elect Gary John Martin as Director        For       For        Management


--------------------------------------------------------------------------------

INTRUM JUSTITIA AB

Ticker:                      Security ID:  SE0000936478
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
8.1   Receive President's Report                None      Did Not    Management
                                                          Vote
8.2   Receive Chairman's Report                 None      Did Not    Management
                                                          Vote
9     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
10    Approve Net Loss and Omission of          For       Did Not    Management
      Dividends                                           Vote
11    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
12    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 1.7 Million;                Vote
      Approve Remuneration of Auditors
14    Reelect Bjoern Froeling, Lars Foerberg,   For       Did Not    Management
      Gerard De Geer, Bo Ingemarson (Chair),              Vote
      Jim Richards, and Christian Salamo as
      Directors; Elect Helen Fasth-Gillstedt
      and Leif Palmdahl as New Directors
15    Amend Articles to Provide for Redemption  For       Did Not    Management
      Program Proposed Under Item 16                      Vote
16    Approve Distribution of SEK 595 Million   For       Did Not    Management
      to Shareholders through Redemption                  Vote
      Program
17    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Five of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
18    Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

INTRUM JUSTITIA AB

Ticker:                      Security ID:  SE0000936478
Meeting Date: AUG 17, 2004   Meeting Type: Special
Record Date:  AUG 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7     Shareholder Proposal: Determine Number of None      Did Not    Shareholder
      Members (9) and Deputy Members (1) of               Vote
      Board
8     Shareholder Proposal: Elect Lars Foerberg None      Did Not    Shareholder
      as New Director                                     Vote
9     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

INTRUM JUSTITIA AB

Ticker:                      Security ID:  SE0000936478
Meeting Date: JUN 16, 2005   Meeting Type: Special
Record Date:  JUN 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
7.1   Approve Reduction in Share Capital via    For       Did Not    Management
      Redemption of Ordinary Shares                       Vote
7.2   Approve Reduction in Share Premium        For       Did Not    Management
      Reserve in Connection with Redemption of            Vote
      Shares
7.3   Approve New Issue of Series C Shares in   For       Did Not    Management
      Connection with Redemption of Shares                Vote
7.4   Approve Reduction in Share Capital via    For       Did Not    Management
      Redemption of Series C Shares                       Vote
7.5   Approve Reduction in Share Premium        For       Did Not    Management
      Reserve in Connection with Redemption of            Vote
      Shares
8     Close Meeting                             None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ITO EN LTD.

Ticker:                      Security ID:  JP3143000002
Meeting Date: JUL 28, 2004   Meeting Type: Annual
Record Date:  APR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 21.5,
      Final JY 28.5, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Deep-Discount Stock Option Plan   For       For        Management
      in Place of Retirement Bonuses for
      Directors and Statutory Auditors
6     Approve Deep-Discount Stock Option Plan   For       Against    Management
      as Partial Replacement for Cash
      Compensation for Directors
7     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

JOHN FAIRFAX HOLDINGS LTD.

Ticker:                      Security ID:  AU000000FXJ5
Meeting Date: OCT 29, 2004   Meeting Type: Annual
Record Date:  OCT 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Joan Withers as Director            For       For        Management
2     Elect Dean Willis as Director             For       For        Management
3     Elect Julia King as Director              For       For        Management
4     Approve Aggregate Remuneration of         For       For        Management
      Directors in the Amount of AUD 1,500,000


--------------------------------------------------------------------------------

K+S AG

Ticker:                      Security ID:  DE0007162000
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.30 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify Deloitte & Touche GmbH as Auditors For       For        Management
6     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration
7     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares


--------------------------------------------------------------------------------

KABA HOLDING AG

Ticker:                      Security ID:  CH0011795959
Meeting Date: OCT 26, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 4.00 per Share
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4.1   Reelect Karina Dubs-Kuenzle, Maurice      For       For        Management
      Andrien, and Rudolf Weber as Directors
4.2   Elect Rolf Doerig as Director             For       For        Management
5     Ratify PricewaterhouseCoopers as Auditors For       For        Management


--------------------------------------------------------------------------------

KCI KONECRANES INTERNATIONAL CORP.

Ticker:                      Security ID:  FI0009005870
Meeting Date: DEC 10, 2004   Meeting Type: Special
Record Date:  NOV 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Dividend of EUR 1 Per     For       For        Management
      Share for Fiscal Year 2003


--------------------------------------------------------------------------------

KCI KONECRANES INTERNATIONAL CORP.

Ticker:                      Security ID:  FI0009005870
Meeting Date: MAR 10, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      None       Management
      Statutory Reports
1.2   Receive Auditors' Report                  None      None       Management
1.3   Accept Financial Statements and Statutory For       For        Management
      Reports
1.4   Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.05 Per Share
1.5   Approve Discharge of Board and President  For       For        Management
1.6   Approve Remuneration of Directors         For       For        Management
1.7   Approve Remuneration of Auditors          For       For        Management
1.8   Fix Number of Directors At 7; Fix Number  For       For        Management
      of Auditors
1.9   Reelect Svante Adde, Stig Gustavson,      For       For        Management
      Matti Kavetvuo, Timo Poranen, Bjorn
      Saven, and Stig Stendahl; Elect Malin
      Persson as New Director
1.10  Reelect Deloitte & Touche Oy as Auditor   For       For        Management
1.11  Other Business (Non-Voting)               None      None       Management
2     Authorize Repurchase of Up to 1.43        For       For        Management
      Million Shares
3     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

KEISEI ELECTRIC RAILWAY

Ticker:                      Security ID:  JP3278600006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2.50,
      Final JY 2.50, Special JY 0
2.1   Appoint Internal Statutory Auditor        For       Against    Management
2.2   Appoint Internal Statutory Auditor        For       Against    Management
3     Approve Retirement Bonuses for Statutory  For       Against    Management
      Auditor and Special Payments to
      Continuing Directors and Statutory
      Auditors in Connection with Abolition of
      Retirement Bonus System


--------------------------------------------------------------------------------

KELLER GROUP PLC

Ticker:                      Security ID:  GB0004866223
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 7.3 Pence Per   For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Justin Atkinson as Director      For       For        Management
5     Re-elect Gerry Brown as Director          For       For        Management
6     Re-elect Richard Scholes as Director      For       For        Management
7     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
8     Approve Scrip Dividend                    For       For        Management
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 2,176,579
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 326,814
11    Authorise 6,536,273 Ordinary Shares for   For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

KERRY GROUP PLC

Ticker:                      Security ID:  IE0004906560
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends                         For       For        Management
3a1   Re-elect Denis Buckley as a Director      For       For        Management
3a2   Re-elect Eugene McSweeney as a Director   For       For        Management
3b1   Re-elect Patrick Barrett as a Director    For       For        Management
3b2   Re-elect James Brosnan as a Director      For       For        Management
3b3   Re-elect Walter Costelloe as a Director   For       For        Management
3b4   Re-elect Patrick Minogue as a Director    For       For        Management
3b5   Re-elect Stan McCarthy as a Director      For       For        Management
3c    Re-elect Denis Carroll as a Director      For       For        Management
3d    Elect Donal O'Donoghue as a Director      For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
6     Approve Increase in Authorized Capital    For       For        Management
7     Amend Articles of Association re:         For       For        Management
      Retirement by Rotation
8     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to the Amount of the Authorized
      but Unissued A Ordinary Shares in the
      Capital
9     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of Five Percent of the Issued A
      Ordinary Share Capital
10    Amend Articles of Association re:         For       For        Management
      Definitions
11    Amend Articles of Association re:         For       For        Management
      Editoral Change
12    Amend Articles of Association re: Share   For       For        Management
      Repurchase Progam


--------------------------------------------------------------------------------

KINGSPAN GROUP PLC

Ticker:                      Security ID:  IE0004927939
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 6.2 Cents per   For       For        Management
      Share
3.a   Elect David Bryne as Director             For       For        Management
3.b   Re-elect Eugene Murtagh as Director       For       For        Management
3.c   Re-elect Russell Shiels as Director       For       For        Management
3.d   Re-elect Peter Wilson as Director         For       For        Management
3.e   Re-elect Eoin McCarthy as Director        For       For        Management
3.f   Re-elect Kevin O'Connell as Director      For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
5     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Amount Equal to the
      Authorized but Unissues Share Capital
6     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Five Percent of
      the Issued Share Capital
7     Authorize Share Repurchase Program of up  For       For        Management
      to 10 Percent of the Aggregate Nominal
      Value of the Issued Share Capital
8     Authorize Reissuance of Repurchased       For       For        Management
      Shares
9     Transact Other Business (Voting)          For       None       Management


--------------------------------------------------------------------------------

KINGSPAN GROUP PLC

Ticker:                      Security ID:  IE0004927939
Meeting Date: MAY 26, 2005   Meeting Type: Special
Record Date:  MAY 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Waive Requirement for Mandatory Offer to  None      For        Management
      All Shareholders


--------------------------------------------------------------------------------

KOBENHAVNS LUFTHAVNE

Ticker:                      Security ID:  DK0010201102
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Discharge of Management and Board For       For        Management
4     Approve Allocation of Income and          For       For        Management
      Dividends of DKK 35.58 Per Share
5.1   Approve DKK 48.2 Million Reduction in     For       For        Management
      Share Capital via Share Cancellation
5.2   Amend Articles Re: Set Number of Auditors For       For        Management
      (One)
5.3   Amend Articles Re: Amend Corporate        For       For        Management
      Purpose; Remove Requirement that Certain
      Resolutions Must Be Approved By Minister
      of Transport
5.4   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Elect Rolf Boerjesson, Henrik Guertler,   For       For        Management
      Bjarne Hansen, Ole Gjessoe Andersen,
      Annette Sadolin, and Ivar Samren as
      Directors
7     Ratify PricewaterhouseCoopers as Auditors For       For        Management
8     Other Business (Non-Voting)               None      None       Management


--------------------------------------------------------------------------------

KONE CORPORATION

Ticker:                      Security ID:  FI0009000566
Meeting Date: DEC 17, 2004   Meeting Type: Special
Record Date:  DEC 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Demerger                          For       For        Management
2     Change Fiscal Year End to March 31        For       For        Management
3     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

KONE CORPORATION

Ticker:                      Security ID:  FI0009000566
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
5     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
6     Fix Number of Directors: Approve Their    For       Did Not    Management
      Remuneration                                        Vote
7     Fix Number of Auditors: Approve Their     For       Did Not    Management
      Remuneration                                        Vote
8     Elect Directors                           For       Did Not    Management
                                                          Vote
9     Appoint Auditors and Deputy Auditors      For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

KT&G CORP. (FORMERLY KOREA TOBACCO & GINSENG)

Ticker:                      Security ID:  KR7033780008
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1600 Per Share
2     Amend Articles of Incorporation to Expand For       For        Management
      Permitted Business Objectives
3.1   Elect Two Executive Directors             For       For        Management
3.2   Elect Three Outside Directors             For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors


--------------------------------------------------------------------------------

LAURUS NV

Ticker:                      Security ID:  NL0000340776
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Annual Report, Group Management   For       For        Management
      Board Report, and Supervisory Board
      Report; Approve Financial Statements and
      Statutory Reports
3a    Approve Discharge of Management Board     For       For        Management
3b    Approve Discharge of Supervisory Board    For       For        Management
4     Approve Company's Corporate Governance    For       For        Management
      Code
5     Approve Remuneration Report Containing    For       Against    Management
      Remuneration Policy for Management Board
      Members
6     Approve Share Based-Remuneration Plan for For       Against    Management
      Management Board
7     Discussion on Supervisory Board Profile   None      None       Management
8     Elect J.C. Naouri and J.P.M.J. Tierny to  For       For        Management
      Supervisory Board; Approve Remuneration
      of Supervisory Board
9     Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares Up to Ten Percent of
      Issued Share Capital
      Restricting/Excluding Preemptive Rights
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
11    Other Business (Non-Voting)               None      None       Management
12    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

LAURUS NV

Ticker:                      Security ID:  NL0000340750
Meeting Date: NOV 2, 2004    Meeting Type: Special
Record Date:  OCT 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Information on Intended Offering  None      None       Management
      of Transferable Subscription Rights,
      Issuance of New Shares, and Consolidation
      of Shares
3     Grant Management Board Authority to Issue For       For        Management
      Shares without Preemptive Rights in
      Connection with Offering to Raise EUR 200
      Million
4     Amend Articles Re: Change Par Value;      For       For        Management
      Changes to Reflect Modification of Rules
      Relating to Large Company Regime
5     Other Business (Non-Voting)               None      None       Management
6     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

LUMINAR PLC

Ticker:                      Security ID:  GB0005382444
Meeting Date: JUL 6, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 8.87 Pence Per  For       For        Management
      Ordinary Share
4     Elect David Longbottom as Director        For       For        Management
5     Elect Richard Brooke as Director          For       For        Management
6     Elect Martin Gatto as Director            For       For        Management
7     Re-elect Linda Wilding as Director        For       For        Management
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 6,097,940
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 914,691
11    Authorise 7,317,528 Ordinary Shares for   For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

MEGANE TOP CO.

Ticker:                      Security ID:  JP3920870007
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6,
      Final JY 6, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

MIQUEL Y COSTAS & MIQUEL, SA

Ticker:                      Security ID:  ES0164180012
Meeting Date: JUN 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements and Allocation of
      Income for Fiscal Year Ended 12-31-04
2     Approve Discharge of Directors            For       For        Management
3     Elect Directors                           For       For        Management
4     Approve Auditors                          For       For        Management
5     Approve Reduction of Share Premium        For       For        Management
      Account by Way of Cash Distribution to
      Shareholders in the Amount of EUR 0.10
      per Share
6     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize Issuance of Bonds/Debentures up For       For        Management
      to Aggregate Nominal Amount of EUR 30
      Million
8     Authorize Share Repurchase Program        For       For        Management
9     Authorize Board to Request the Listing of For       For        Management
      Securities and Bonds
10    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
11    Approve and Sign Minutes of Meeting       For       For        Management


--------------------------------------------------------------------------------

MYOB LIMITED

Ticker:                      Security ID:  AU000000MYO9
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  APR 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2.1a  Elect John Stewart as Director            For       For        Management
2.1b  Elect Christopher Lee as Director         For       For        Management
2.2a  Elect Colin Henson as Director            For       For        Management
2.2b  Elect Christopher Williams as Director    For       For        Management
3     Approve Increase in Non-Executive         For       For        Management
      Directors' Fee Pool by AUD 150,000 to AUD
      350,000 Per Annum
4     Approve Grant of 1.80 Million Options to  For       Against    Management
      A C Winkler, Executive Director
5     Approve the Issue of 207,626 Shares to    For       For        Management
      Graeme Pearson, 125,668 to John Stewart,
      98,349 Shares to Colin Henson and 98,349
      Shares to Christopher Williams Under the
      MYOB Deferred Share Plan


--------------------------------------------------------------------------------

NAKANISHI INC.

Ticker:                      Security ID:  JP3642500007
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  FEB 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Against    Management
      the Following Dividends: Interim JY 0,
      Final JY 40, Special JY 0
2     Amend Articles to: Change Fiscal Year End For       For        Management
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management
3.3   Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

NIHON TRIM

Ticker:                      Security ID:  JP3739700007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 50, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

NISSHIN FIRE & MARINE INS. CO. LTD.

Ticker:                      Security ID:  JP3674800002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 7, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


--------------------------------------------------------------------------------

NITTA CORPORATION

Ticker:                      Security ID:  JP3679850002
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 6, Special JY 9
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
4     Approve Executive Stock Option Plan       For       Against    Management
5     Approve Retirement Bonuses for Directors  For       For        Management


--------------------------------------------------------------------------------

NRJ GROUP

Ticker:                      Security ID:  FR0000121691
Meeting Date: FEB 17, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports for the Fiscal Year
      Ended Sept. 30, 2004
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.29 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Approve Chairman's and Auditor's Special  For       For        Management
      Reports on Internal Board Procedures
6     Approve Board's Special Report on Stock   For       For        Management
      Option Grants
7     Approve Discharge of Management and       For       For        Management
      Supervisory Board Members
8     Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 50,000
9     Authorize Repurchase of Up to Three       For       For        Management
      Percent of Issued Share Capital
10    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
11    Change Fiscal Year End to December 31     For       For        Management
12    Amend Articles of Association to Reflect  For       For        Management
      in Fiscal Year End
13    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

NUTRECO HOLDINGS NV

Ticker:                      Security ID:  NL0000375400
Meeting Date: DEC 21, 2004   Meeting Type: Special
Record Date:  DEC 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Joint Venture with Stolt-Nielsen  For       For        Management
      S.A. Concerning All the Fish Farming,
      Processing, and Marketing and Sales
      Activities of Nutreco Aquaculture with
      Stolt Sea Farm
3     Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

NUTRECO HOLDINGS NV

Ticker:                      Security ID:  NL0000375400
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Reports of Supervisory Board,     None      None       Management
      Audit Committee, and Remuneration
      Committee
3     Receive Report of Executive Board         None      None       Management
4.1   Approve Financial Statements and          For       For        Management
      Statutory Reports
4.2   Approve Dividend of EUR 0.35 Per Ordinary For       For        Management
      Share
4.3   Approve Discharge of Executive Board      For       For        Management
4.4   Approve Discharge of Supervisory Board    For       For        Management
5.1   Discussion on Company's Corporate         None      None       Management
      Governance Report
5.2   Approve Remuneration Report Containing    For       For        Management
      Remuneration Policy for Executive Board
      Members
5.3   Approve Performance Shares and            For       For        Management
      Performance Options Schemes
5.4   Approve Remuneration of Supervisory Board For       For        Management
6     Ratify KPMG Accountants N.V. as Auditors  For       For        Management
7.1   Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares
7.2   Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance Under Item 7.1
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9.1   Receive Announcement on S. Rennemo's      None      None       Management
      Resignation
9.2   Reelect L.J.A.M. Ligthart to Supervisory  For       For        Management
      Board
9.3   Elect J.A.J. Vink to Supervisory Board    For       For        Management
10    Allow Questions                           None      None       Management
11    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

OMEGA PHARMA

Ticker:                      Security ID:  BE0003785020
Meeting Date: JUN 6, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' and Auditors' Reports  None      Did Not    Management
                                                          Vote
2     Accept Financial Statements               For       Did Not    Management
                                                          Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.24 per Share                     Vote
4     Receive Consolidated Financial Statements None      Did Not    Management
      and Statutory Reports (Non-Voting)                  Vote
5     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
6     Elect Sam Sabbe BVBA as Director          For       Did Not    Management
                                                          Vote
7     Ratify PricewaterhouseCoopers as Auditors For       Did Not    Management
                                                          Vote
8     Authorize Board to Fix Remuneration of    For       Did Not    Management
      Auditors                                            Vote
9     Adopt Changes of Control Clauses of Term  For       Did Not    Management
      Facility Agreements                                 Vote
10    Discuss Corporate Governance Code         None      Did Not    Management
                                                          Vote
11    Transact Other Business                   None      Did Not    Management
                                                          Vote
1     Amend Articles Re: Board Internal         For       Did Not    Management
      Regulation                                          Vote
2     Amend New Articles: Advisory Committees,  For       Did Not    Management
      Renumbering of the Articles of                      Vote
      Association
3     Amend Articles Re: Powers of The          For       Did Not    Management
      Management Committee                                Vote
4     Amend Articles Re: Change Date of the     For       Did Not    Management
      Annual Meeting                                      Vote
5     Amend Articles to Reflect Share           For       Did Not    Management
      Repurchase Authority                                Vote
6     Authorize Implementation of Approved      For       Did Not    Management
      Resolutions and Filing of Required                  Vote
      Documents/Formalities at Trade Registry


--------------------------------------------------------------------------------

PATLITE CORPORATION

Ticker:                      Security ID:  JP3781500008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 17, Special JY 5
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 22.32 Million to 41 Million
      Shares - Reduce Maximum Board Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor
6     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

POHJOLA GROUP PLC (FORMERLY POHJOLA INSURANCE CO. LTD)

Ticker:                      Security ID:  FI0009000145
Meeting Date: MAR 17, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Elect Chairman of Meeting                 For       For        Management
3     Elect Secretary of Meeting                For       For        Management
4     Prepare and Approve List of Shareholders  For       For        Management
5     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
6     Validity and Quorum of Meeting            For       For        Management
7     Receive Presentation by President         None      None       Management
8     Receive Financial Statements, Statutory   None      None       Management
      Reports, and Auditors' Report
9     Accept Financial Statements and Statutory For       For        Management
      Reports
10    Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.70 Per Share
11    Approve Discharge of Board and President  For       For        Management
12    Fix Number of Directors at 7              For       For        Management
13    Approve Remuneration of Directors         For       For        Management
14    Approve Remuneration of Auditors          For       For        Management
15    Reelect Eino Halonen, Kirsi Aaltio,       For       For        Management
      Heikki Bergholm, Martin Granholm, Kari
      Puro, Timo Salonen, Maarit
      Toivanen-Koivisto as Directors
16    Appoint PricewaterhouseCoopers Oy as      For       For        Management
      Auditor
17    Approve EUR 1.8 Million Reduction in      For       For        Management
      Share Capital via Share Cancellation
18    Approve Creation of EUR 23.5 Million Pool For       For        Management
      of Conditional Capital without Preemptive
      Rights
19    Authorize Repurchase of Up to 7.5 Million For       For        Management
      Shares
20    Authorize Reissuance of Repurchased       For       For        Management
      Shares
21    Close Meeting                             None      None       Management


--------------------------------------------------------------------------------

POHJOLA GROUP PLC (FORMERLY POHJOLA INSURANCE CO. LTD)

Ticker:                      Security ID:  FI0009000145
Meeting Date: SEP 22, 2004   Meeting Type: Special
Record Date:  SEP 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Dividends of EUR 0.65 Per For       For        Management
      Share for Fiscal Year 2003
2     Authorize Repurchase of Up to Five        For       For        Management
      Percent of Issued Share Capital
3     Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

RAMIRENT OYJ

Ticker:                      Security ID:  FI0009007066
Meeting Date: APR 11, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      None       Management
      Statutory Reports
1.2   Receive Auditors' Report                  None      None       Management
1.3   Accept Financial Statements and Statutory For       For        Management
      Reports
1.4   Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.45 Per Share
1.5   Approve Discharge of Board and President  For       For        Management
1.6   Approve Remuneration of Directors         For       For        Management
1.7   Fix Number of Directors at 6; Fix Number  For       For        Management
      of Auditors
1.8   Reelect Kaj-Gustaf Bergh, Matti Haapala,  For       For        Management
      Peter Hofvenstam, Ulf Lundahl, and Erkki
      Norvio as Directors; Elect Torgny
      Eriksson as New Director
1.9   Appoint KPMG Oy Ab as Auditor             For       For        Management
2.1   Amend Articles Re: Minimum (EUR 5         For       For        Management
      Million) and Maximum (EUR 25 Million)
      Size of Issued Share Capital
2.2   Approve 2:1 Stock Split; Approve EUR      For       For        Management
      131,003 Bonus Issue and Increase of Par
      Value from EUR 0.425 to EUR 0.43
2.3   Authorize Repurchase of Up to Five        For       For        Management
      Percent of Issued Share Capital
2.4   Authorize Reissuance of Repurchased       For       For        Management
      Shares
2.5   Approve Creation of EUR 556,764 Pool of   For       For        Management
      Conditional Capital without Preemptive
      Rights


--------------------------------------------------------------------------------

RAMSAY HEALTH CARE, INC.

Ticker:                      Security ID:  AU000000RHC8
Meeting Date: FEB 8, 2005    Meeting Type: Special
Record Date:  FEB 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of 5.44 Million Shares   For       For        Management
      at AUD7.35 Each to Paul Ramsay Holdings
      Pty Ltd


--------------------------------------------------------------------------------

RAMSAY HEALTH CARE, INC.

Ticker:                      Security ID:  AU000000RHC8
Meeting Date: MAY 20, 2005   Meeting Type: Special
Record Date:  MAY 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Terms of Issue of Convertible     For       For        Management
      Adjustable Rate Equity Securities
2     Approve Issue of Convertible Adjustable   For       For        Management
      Rate Equity Securities
3     Ratify Past Issuance of 5.44 Million      For       For        Management
      Shares to Domestic and International
      Institutions at the Price of AUD 7.35 Per
      Share on Dec. 2, 2004
4     Ratify Past Issuance of 14.75 Million     For       For        Management
      Shares to Domestic and International
      Institutions on April 2005
5     Amend Constitution Relating to Preference For       For        Management
      Shares
6     Approve Financial Assistance in           For       For        Management
      Connection with the Acquisition by Ramsay
      Health Care Investments Pty Limited of
      the Affinity Group of Companies


--------------------------------------------------------------------------------

RAMSAY HEALTH CARE, INC.

Ticker:                      Security ID:  AU000000RHC8
Meeting Date: NOV 23, 2004   Meeting Type: Annual
Record Date:  NOV 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2a    Elect A J Clark as Director               For       Against    Management
2b    Elect P J Evans as Director               For       Against    Management
2c    Elect B R Soden as Director               For       For        Management
3     Approve of Benchmark Group Giving         For       For        Management
      Financial Assistance to the Company


--------------------------------------------------------------------------------

RATIONAL AG

Ticker:                      Security ID:  DE0007010803
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 5.00 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify Allrevision Dornhof Kloss und      For       For        Management
      Partner GmbH as Auditors for Fiscal 2005
6     Amend Articles Re: Preparation and        For       For        Management
      Submission of Report
7     Approve Affiliation Agreements with       For       For        Management
      Subsidiaries


--------------------------------------------------------------------------------

REGENT INNS PLC

Ticker:                      Security ID:  GB0007304156
Meeting Date: DEC 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect Peter Savage as Director         For       For        Management
4     Re-elect Paul Felton-Smith as Director    For       For        Management
5     Re-elect Bob Ivell as Director            For       For        Management
6     Re-elect John Leslie as Director          For       For        Management
7     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise Board to Fix Remuneration
      of Auditors
8     Amend the Authority Conferred on the      For       For        Management
      Directors to Allot Shares for Cash in
      Limited Circumstances Otherwise than to
      in Accordance with Statutory Pre-emption
      Rights so as to Extend it to Include
      Sales of any Shares in the Company held
      as Treasury Shares
9     Authorise 11,230,491 Shares for Market    For       For        Management
      Purchase


--------------------------------------------------------------------------------

ROTORK PLC

Ticker:                      Security ID:  GB0007506958
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 9.7 Pence Per   For       For        Management
      Share
3     Re-elect Robert Arnold as Director        For       For        Management
4     Re-elect Robert Slater as Director        For       For        Management
5     Re-elect Roger Lockwood as Director       For       For        Management
6     Elect Graham Ogden as Director            For       For        Management
7     Elect Ian King as Director                For       For        Management
8     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Approve Remuneration Report               For       For        Management
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to 22,959,049 Ordinary Shares
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to 4,299,743
      Ordinary Shares
13    Authorise 8,500,000 Ordinary Shares for   For       For        Management
      Market Purchase
14    Authorise 47,170 Preference Shares for    For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

SAES GETTERS

Ticker:       SAESY          Security ID:  IT0001029492
Meeting Date: NOV 29, 2004   Meeting Type: Special
Record Date:  NOV 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Eliminate Par Value of Common and Saving  For       For        Management
      Shares; Amend Articles of Association
      Accordingly
2     Authorize Voluntary Conversion of Saving  For       For        Management
      Shares into Ordinary Shares On the Basis
      of a 20:31 Ratio; Amend Articles of
      Association Accordingly


--------------------------------------------------------------------------------

SANRIO CO. LTD.

Ticker:                      Security ID:  JP3343200006
Meeting Date: FEB 9, 2005    Meeting Type: Special
Record Date:  DEC 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Capital Reduction                 For       Against    Management
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital and Create Two Classes of
      Preferred Shares


--------------------------------------------------------------------------------

SANRIO CO. LTD.

Ticker:                      Security ID:  JP3343200006
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Handling of Net Loss, with No     For       For        Management
      Dividends
2     Approve Reduction in Capital Reserves     For       For        Management


--------------------------------------------------------------------------------

SANYO ELECTRIC CREDIT CO., LTD.

Ticker:                      Security ID:  JP3341000002
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 17,
      Final JY 17, Special JY
2     Amend Articles to: Expand Business Lines  For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
4.3   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Directors  For       For        Management
6     Approve Retirement Bonuses for Statutory  For       Against    Management
      Auditors


--------------------------------------------------------------------------------

SCHIBSTED ASA

Ticker:                      Security ID:  NO0003028904
Meeting Date: MAY 2, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       For        Management
2     Approve Notice of Meeting and Agenda      For       For        Management
3     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Approve Allocation of Income and          For       For        Management
      Dividends of NOK 3.25 Per Share
6     Approve Remuneration of Auditors in the   For       For        Management
      Amount of NOK 708,000
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Receive Report of Nominating Committee    None      None       Management
9     Approve Amendment of Articles to          For       For        Management
      Declassify Board of Directors
10    Reelect Grete Faremo, Monica Caneman, and For       For        Management
      Alexandra Gjoerv as Directors; Elect
      Christian Ringnes as New Director; Elect
      Karl-Christian Agerup and John Rein as
      Deputy Members
11    Approve Remuneration of Directors in      For       For        Management
      Amount of NOK 550,000 for Chairman, NOK
      150,000 for Domestic-Residing Board
      Members, and NOK 225,000 for
      International-Residing Board Members;
      Approve Remuneration of Deputy Members of
      Board and Compensation Committee
12    Elect Rune Selmar as Deputy Member of     For       For        Management
      Nominating Committee
13    Approve Remuneration of Nominating        For       For        Management
      Committee in the Amount of NOK 50,000 for
      Chairman, and NOK 30,000 for Other
      Members


--------------------------------------------------------------------------------

SCHINDLER HOLDING AG

Ticker:                      Security ID:  CH0013914103
Meeting Date: MAR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of CHF 7.00 per Share                     Vote
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4     Reelect Luc Bonnard, Hubertus von         For       Did Not    Management
      Gruenberg, Scott Miller, Alfred                     Vote
      Schindler, Alfred Spoerri, Jeno
      Staehelin, and Robert Studer as
      Directors; Elect Pius Baschera as
      Director
5     Ratify Ernst & Young as Auditors          For       Did Not    Management
                                                          Vote
6     Amend Articles Re: Submission of          For       Did Not    Management
      Shareholder Proposals                               Vote


--------------------------------------------------------------------------------

SCS STANDARD COMPUTERSYSTEME AG

Ticker:                      Security ID:  DE0005161806
Meeting Date: FEB 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports for Fiscal 2003/2004
2     Approve Discharge of Management Board for For       For        Management
      Fiscal 2003/2004
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2003/2004
4     Ratify as Dr. Ebner, Dr. Stolz und        For       For        Management
      Partner Berlin GmbH as Auditors


--------------------------------------------------------------------------------

SHINKAWA LTD.

Ticker:                      Security ID:  JP3371700000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.50,
      Final JY 12.50, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 40 Million to 80 Million
      Shares


--------------------------------------------------------------------------------

SIG HOLDING AG (FORMERLY SIG SCHWEIZ. INDUSTRIE-GESELLSCHAFT HO

Ticker:                      Security ID:  CH0012022494
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 1.00 per Share
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4.1   Reelect Lambert Leisewitz and David       For       For        Management
      Schnell; Elect Peter Hauser and Robert
      Lombardini as Directors
4.2   Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors


--------------------------------------------------------------------------------

SIG PLC (FORMERLY SHEFFIELD INSULATION GROUP PLC)

Ticker:                      Security ID:  GB0008025412
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 9.4 Pence Per   For       For        Management
      Ordinary Share
4     Re-elect Peter Blackburn as Director      For       For        Management
5     Re-elect Les Tench as Director            For       For        Management
6     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
7     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 4,042,805
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 607,027
9     Authorise 12,140,500 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

SKY CITY ENTERTAINMENT GROUP (FORMERLY SKY CITY LTD)

Ticker:                      Security ID:  NZSKCE0001S2
Meeting Date: OCT 29, 2004   Meeting Type: Annual
Record Date:  OCT 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect R.H. McGeoch as Director            For       For        Management
2     Elect E. Toime as Director                For       Against    Management
3     Elect D.T. Spring as Director             For       For        Management
4     Elect R.A McLeod as Director              For       For        Management
5     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditor
6     Adopt New Constitution                    For       For        Management


--------------------------------------------------------------------------------

SOLOMON SYSTECH INTERNATIONAL LTD

Ticker:                      Security ID:  KYG826051099
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect Huang Hsing Hua as Director and   For       For        Management
      Authorize Board to Fix His Remuneration
3b    Reelect Chang Ching Yi, Steven as         For       For        Management
      Director and Authorize Board to Fix His
      Remuneration
3c    Reelect Wong Yuet Leung, Frankie as       For       For        Management
      Director and Authorize Board to Fix His
      Remuneration
4     Appoint PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5a    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5b    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares


--------------------------------------------------------------------------------

SOLUTION 6 HOLDINGS LTD.

Ticker:                      Security ID:  AU000000SOH1
Meeting Date: JUL 27, 2004   Meeting Type: Court
Record Date:  JUL 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Share Scheme                      For       For        Management


--------------------------------------------------------------------------------

SOLUTION 6 HOLDINGS LTD.

Ticker:                      Security ID:  AU000000SOH1
Meeting Date: JUL 27, 2004   Meeting Type: Special
Record Date:  JUL 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Return of Capital in the Amount   For       For        Management
      of A$0.207 for every Solution 6 Share
      Held


--------------------------------------------------------------------------------

SPIRAX-SARCO ENGINEERING PLC

Ticker:                      Security ID:  GB0008347048
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 15.1 Pence Per  For       For        Management
      Share
4     Elect Gareth Bullock as Director          For       For        Management
5     Elect Tony Scrivin as Director            For       For        Management
6     Re-elect Marcus Steel as Director         For       For        Management
7     Re-elect Alan Black as Director           For       For        Management
8     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 6,200,000
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 940,000
11    Approve Scrip Dividend Program            For       For        Management
12    Authorise 7,500,000 Ordinary Shares for   For       For        Management
      Market Purchase
13    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 300,000
14    Approve Spirax-Sarco Performance Share    For       For        Management
      Plan
15    Authorise the Company to Establish an     For       For        Management
      Employee Benefit Trust
16    Amend Overseas Share Option Scheme, UK    For       For        Management
      Share Option Scheme, Approved Share
      Option Scheme and Global Share Option
      Scheme and Deed of Amendment of the
      Employee Share Ownership Plan Trust


--------------------------------------------------------------------------------

SSL INTERNATIONAL PLC (FRM.SETON HEALTHCARE PLC)

Ticker:                      Security ID:  GB0007981128
Meeting Date: JUL 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 4.2 Pence Per   For       For        Management
      Ordinary Share
4     Re-elect Ian Martin as Director           For       For        Management
5     Re-elect Peter Read as Director           For       For        Management
6     Elect Richard Adam as Director            For       For        Management
7     Elect Mike Pilkington as Director         For       For        Management
8     Elect Ian Adamson as Director             For       For        Management
9     Elect Mark Moran as Director              For       For        Management
10    Re-appoint KPMG Audit Plc as Auditors and For       For        Management
      Authorise Board to Fix Remuneration of
      Auditors
11    Authorise 18,936,585 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

STAGECOACH GROUP PLC

Ticker:                      Security ID:  GB0004146675
Meeting Date: AUG 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 2 Pence Per     For       For        Management
      Ordinary Share
4     Re-elect Graham Eccles as Director        For       For        Management
5     Re-elect Janet Morgan as Director         For       For        Management
6     Re-elect Robert Speirs as Director        For       For        Management
7     Re-elect Ewan Brown as Director           For       For        Management
8     Re-elect Ann Gloag as Director            For       For        Management
9     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
10    Approve Increase in Auth. Cap. to GBP     For       For        Management
      259,200,000.02; Adopt New Articles of
      Association; Issue Equity with
      Pre-emptive Rights up to GBP
      250,000,000.02 and without Pre-emptive
      Rights up to GBP 2,230,330 And GBP
      334,549; Cancel the Share Premium Account
11    Authorise Market Purchases up to 10       For       For        Management
      Percent of the Issued Share Capital


--------------------------------------------------------------------------------

SUMITOMO OSAKA CEMENT CO. LTD.

Ticker:                      Security ID:  JP3400900001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 4, Special JY 0
2     Elect Director                            For       For        Management
3     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

SWEDISH MATCH AB

Ticker:                      Security ID:  SE0000310336
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive President's,             Vote
      Board, and Committee Reports
7     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8     Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 1.90 Per Share                     Vote
9     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees                                           Vote
10    Amend Articles Re: Set Range for Minimum  For       Did Not    Management
      (SEK 300 Million) and Maximum (SEK 1.2              Vote
      Billion) Issued Share Capital
11    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
12    Approve Reissuance of 907,408 Repurchased For       Did Not    Management
      Shares for 1999-2004 Stock Option Plans             Vote
13    Approve SEK 28.8 Million Reduction in     For       Did Not    Management
      Share Capital via Share Cancellation                Vote
14    Approve Reduction in Share Capital via    For       Did Not    Management
      Lowering of Par Value from SEK 2.40 to              Vote
      SEK 1.20
15    Approve SEK 114 Million Transfer of       For       Did Not    Management
      Reserves to Unrestricted Shareholders'              Vote
      Equity
16    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
17    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
18    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 750,000 for Chairman and              Vote
      SEK 300,000 for Other Directors; Approve
      Remuneration for Committee Work in the
      Aggregate Amount of SEK 400,000
19    Reelect Bernt Magnusson, Jan Blomberg,    For       Did Not    Management
      Tuve Johannesson, Arne Jurbrant, Karsten            Vote
      Slotte, and Meg Tiveus as Directors;
      Elect Sven Hindrikes and Kersti
      Strandqvist as New Directors
20    Approve Amendment of Instructions for     For       Did Not    Management
      Nomination Committee                                Vote
21    Elect Joachim Spetz, Marianne Nilsson,    For       Did Not    Management
      Carl Rosen, Pernilla Klein, and Bernt               Vote
      Magnusson as Members of Nominating
      Committee
22    Amend Articles Re: Stipulate that General For       Did Not    Management
      Meeting Approves Remuneration of                    Vote
      Chairman, Other Directors, and Committee
      Members, Respectively; Stipulate that
      Board Chairman Be Elected By General
      Meeting
23    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TAISEI LAMICK CO LTD

Ticker:                      Security ID:  JP3444900009
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 30, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       For        Management


--------------------------------------------------------------------------------

TAKUMA CO. LTD.

Ticker:                      Security ID:  JP3462600002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 5, Special JY 0
2     Amend Articles to: Authorize Appointment  For       For        Management
      of Alternate Statutory Auditors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Alternate Internal Statutory      For       For        Management
      Auditor
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


--------------------------------------------------------------------------------

TECHEM AG

Ticker:                      Security ID:  DE0005471601
Meeting Date: MAR 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports for Fiscal 2003/2004
2     Approve Allocation of Income and Omission For       For        Management
      of Dividends
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2003/2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2003/2004
5     Ratify PwC Deutsche Revision              For       For        Management
      Aktiengesellschaft
      Wirtschaftspruefungsgesellschaft as
      Auditors for Fiscal 2003/2004
6     Elect Ursula Felten, Harald Bieler,       For       Against    Management
      Martin Ott, Volker Riebel, Horst Ziegler,
      and Stefan Zuschke to the Supervisory
      Board
7     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration Scheme
8     Approve Merger by Absorption of Techem    For       For        Management
      Geschaeftsfuehrungs GmbH
9     Approve Affiliation Agreement with a      For       For        Management
      Subsidiary (Techem Energy Services GmbH)
10    Authorize Share Repurchase Program and    For       For        Management
      Reissuance or Cancellation of Repurchased
      Shares


--------------------------------------------------------------------------------

TENMA CORP.

Ticker:                      Security ID:  JP3547800007
Meeting Date: JAN 28, 2005   Meeting Type: Annual
Record Date:  OCT 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 10, Special JY 0
2     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Share Repurchase -
      Change Fiscal Year End
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

TENMA CORP.

Ticker:                      Security ID:  JP3547800007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 8.5, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Maximum Board Size


--------------------------------------------------------------------------------

TOC CO. LTD.

Ticker:                      Security ID:  JP3538400007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5.50,
      Final JY 5.50, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital - Cancel Year End Closure of
      Shareholder Register - Authorize Board to
      Vary AGM Record Date


--------------------------------------------------------------------------------

TOKYO TOMIN BANK  LTD.

Ticker:                      Security ID:  JP3587000005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 50, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Special Bonus for Family of       For       Against    Management
      Deceased Statutory Auditor


--------------------------------------------------------------------------------

TOMY CO.

Ticker:                      Security ID:  JP3630550006
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 10, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 60 Million to 80 Million
      Shares - Reduce Maximum Board Size -
      Authorize Public Announcements in
      Electronic Format - Prohibit Director
      Election by Cumulative Voting
3     Appoint Alternate Internal Statutory      For       For        Management
      Auditor


--------------------------------------------------------------------------------

TOPPAN FORMS CO LTD

Ticker:                      Security ID:  JP3629200001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY
      11.50, Final JY 11.50, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
3     Elect Director                            For       For        Management
4     Approve Retirement Bonus for Director     For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

TV ASAHI CORP. (FRM. ASAHI NATIONAL BROADCASTING CO.)

Ticker:                      Security ID:  JP3429000007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 500,
      Final JY 500, Special JY 300
2     Amend Articles to: Cancel Year-End        For       Against    Management
      Closure of Shareholder Register - Clarify
      Board's Authority to Vary AGM Record Date
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


--------------------------------------------------------------------------------

UNION TOOL

Ticker:                      Security ID:  JP3950600001
Meeting Date: FEB 24, 2005   Meeting Type: Annual
Record Date:  NOV 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 16,
      Final JY 18, Special JY 0
2     Approve Retirement Bonus for Director     For       For        Management


--------------------------------------------------------------------------------

UPONOR (FORMERLY ASKO OYJ)

Ticker:                      Security ID:  FI0009002158
Meeting Date: MAR 15, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      None       Management
      Statutory Reports
1.2   Receive Auditors' Report                  None      None       Management
1.3   Accept Financial Statements and Statutory For       For        Management
      Reports
1.4   Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.70 Per Share
1.5   Approve Discharge of Board and President  For       For        Management
1.6   Approve Remuneration of Directors         For       For        Management
1.7   Fix Number of Directors at Five           For       For        Management
1.8   Reelect Pekka Paasikivi, Aimo Rajahalme,  For       For        Management
      Anne-Christine Silfverstolpe Nordin, and
      Rainer Simon; Elect Jorma Eloranta as New
      Director
1.9   Reappoint KPMG as Auditors                For       For        Management
2     Amend Articles Re: Change Company         For       For        Management
      Location to Helsinki; Change Notification
      and Location of General Meeting
3     Approve EUR 874,000 Reduction in Share    For       For        Management
      Capital via Share Cancellation
4     Authorize Repurchase of Up to Five        For       For        Management
      Percent of Issued Share Capital (Up to 10
      Percent Subject to Pending Legislation)


--------------------------------------------------------------------------------

UPONOR (FORMERLY ASKO OYJ)

Ticker:                      Security ID:  FI0009002158
Meeting Date: NOV 16, 2004   Meeting Type: Special
Record Date:  NOV 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Dividends of EUR 0.88 Per For       Did Not    Management
      Share                                               Vote
2     Authorize EUR 74.8 Million Capitalization For       Did Not    Management
      of Reserves for 1:1 Bonus Issue                     Vote
3     Amend Articles Re: Limits for Minimum     For       Did Not    Management
      (EUR 75 Million) and Maximum (EUR 300               Vote
      Million) Issued Share Capital


--------------------------------------------------------------------------------

VALORA HOLDING AG (FORMERLY MERKUR HOLDING)

Ticker:                      Security ID:  CH0002088976
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and Omission For       For        Management
      of Dividends
4.1   Reelect Andreas Gubler as Director        For       For        Management
4.2   Elect Werner Kuster as Director           For       For        Management
4.3   Ratify PricewaterhouseCoopers AG as       For       For        Management
      Auditors
5     Approve CHF 2.7 Million Reduction in      For       For        Management
      Share Capital Via Cancellation of
      Repurchased Shares
6     Approve CHF 29.7 Million Reduction in     For       For        Management
      Share Capital via Repayment of CHF 9 to
      Shareholders
7     Amend Articles Re: Reduce Threshold for   For       For        Management
      Submitting Shareholder Proposals


--------------------------------------------------------------------------------

VALORA HOLDING AG (FORMERLY MERKUR HOLDING)

Ticker:                      Security ID:  CH0002088976
Meeting Date: OCT 20, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve CHF 4.6 Million Reduction in      For       Did Not    Management
      Share Capital via Cancellation of Shares            Vote
2     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
3     Transact Other Business (Non-Voting)      None      Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

VAN LANSCHOT NV

Ticker:                      Security ID:  NL0000302636
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2.a   Receive Report of Supervisory Board       None      None       Management
2.b   Receive Report of Management Board        None      None       Management
3.a   Approve Financial Statements and          For       For        Management
      Statutory Reports
3.b   Approve Dividend of EUR 2.11 per Ordinary For       For        Management
      Share A and B
4.a   Approve Discharge of Management Board     For       For        Management
4.b   Approve Discharge of Supervisory Board    For       For        Management
5     Discussion on Corporate Governance        None      None       Management
6.a   Discussion on Supervisory Board Profile   None      None       Management
6.b   Announce Vacancies on Supervisory Board   None      None       Management
      and Profile
6.c   Possibility to Make Recommendations for   None      None       Management
      Three Supervisory Board Candidates
6.d.1 Elect J.B.M. van Streppel to Supervisory  For       For        Management
      Board
6.d.2 Elect H.J. Baeten to Supervisory Board    For       For        Management
6.d.3 Elect T.M. Lodder  to Supervisory Board   For       For        Management
6.e   Announce Vacancies on Supervisory Board   None      None       Management
      in 2006
7     Approve Remuneration of Supervisory Board For       For        Management
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9.a   Grant Board Authority to Issue Ordinary   For       Against    Management
      Shares and Preference Shares B Up to 10
      Percent of Issued Share Capital, To Be
      Increased by 10 Percent in Connection
      with a Merger or Acquisition, and To
      Issue All Authorized Yet Unissued
      Preference Shares C
9.b   Authorize Board to Exclude Preemptive     For       For        Management
      Rights from Issuance of Ordinary Shares
      Under Item 9.a
10    Amend Articles Re: Cancellation of        For       For        Management
      Preference Shares A and Indemnification
11    Allow Questions and Close Meeting         None      None       Management


--------------------------------------------------------------------------------

VEIDEKKE

Ticker:                      Security ID:  NO0005806802
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of NOK 6 Per Share
3     Approve Remuneration of Auditors in the   For       For        Management
      Amount of NOK 726,000
4     Amend Articles Re: Stipulate that a       For       For        Management
      Nominating Committee Consisting of Three
      Members Be Elected by General Meeting
5     Reelect Helge Andresen, Jan Knutsen, Erik For       For        Management
      Must, and Rune Selmar as Members of
      Nominating Committee
6     Approve Remuneration of Directors in the  For       For        Management
      Amount of NOK 275,000 for Chairman, NOK
      125,000 for Other Board Members, and NOK
      25,000 for Committee Work
7     Reelect Goete Dahlin (Chairman), Hilde    For       For        Management
      Aasheim, and Peder Loevenskiold as
      Directors for Two-Year Terms; Reelect Ole
      Krogsgaard as Director for One-Year Term;
      Reelect Terje Venold and Arne Giske as
      Deputy Members for One-Year Terms
8     Approve Creation of NOK 6.8 Million Pool  For       For        Management
      of Conditional Capital without Preemptive
      Rights
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


--------------------------------------------------------------------------------

VISMA ASA (VISUAL MANAGEMENT APPLICATIONS)

Ticker:                      Security ID:  NO0003054405
Meeting Date: FEB 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Open Meeting                              None      None       Management
1.2   Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
1.3   Elect Svein Goli as Chairman of Meeting   For       For        Management
1.4   Approve Notice of Meeting and Agenda      For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Ratify Auditors                           For       For        Management
4     Elect Directors                           For       For        Management
5     Elect Members of Nominating Committee     For       For        Management


--------------------------------------------------------------------------------

WEICHAI POWER CO

Ticker:                      Security ID:  CN000A0B9CD4
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  APR 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Reappoint Shandong Zheng Yuan Hexin       For       For        Management
      Accountants Ltd. as PRC Auditors and
      Authorize Board to Fix Their Remuneration
5     Reappoint Deloitte Touche Tohmatsu as     For       For        Management
      Non-PRC Auditors and Authorize Board to
      Fix Their Remuneration
6     Approve Final Dividend RMB0.15 Per Share  For       For        Management
7     Reelect Zhang Xiaoyu as Independent       For       For        Management
      Non-Executive Director and Fix His
      Remuneration
8     Reelect Koo Fook Sun, Louis as            For       For        Management
      Independent Non-Executive Director and
      Fix His Remuneration
9     Reelect Fang Zhong Chang as Independent   For       For        Management
      Non-Executive Director and Fix His
      Remuneration
10    Authorize Board to Pay an Interim         For       For        Management
      Dividend (if any) for the Year Ending
      Dec. 31, 2005
11    Fix Notice Period to Nominate a Director  For       For        Management
      and File the Consent of the Nominee from
      the Day After Dispatch of the Notice
      Convening the General Meeting to Seven
      Days Before the Date of the General
      Meeting
12    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


--------------------------------------------------------------------------------

WILLIAM HILL PLC

Ticker:                      Security ID:  GB0031698896
Meeting Date: JUN 17, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Stanley's Retail   For       For        Management
      Bookmaking
2     Approve William Hill plc Performance      For       Against    Management
      Share Plan


--------------------------------------------------------------------------------

WILLIAM HILL PLC

Ticker:                      Security ID:  GB0031698896
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 11 Pence Per    For       For        Management
      Ordinary Share
4     Re-elect Charles Scott as Director        For       For        Management
5     Re-elect Tom Singer as Director           For       For        Management
6     Elect David Edmonds as Director           For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Approve William Hill PLC Deferred Bonus   For       For        Management
      Plan
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 13,144,537
11    Authorise the Company to Make EU          For       For        Management
      Political Donations up to GBP 35,000 and
      Incur EU Political Expenditure up to GBP
      35,000
12    Authorise William Hill Organization Ltd.  For       For        Management
      to Make EU Political Donations up to GBP
      35,000 and Incur EU Political Expenditure
      up to GBP 35,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount Equal to 5 Percent of the
      Current Issued Share Capital
14    Authorise 39,433,611 Ordinary Shares for  For       For        Management
      Market Purchase
15    Amend Articles of Association Re:         For       For        Management
      Company's Borrowing Limit


--------------------------------------------------------------------------------

WINCANTON PLC

Ticker:                      Security ID:  GB0030329360
Meeting Date: JUL 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 7.08 Pence Per  For       For        Management
      Ordinary Share
4     Elect Walter Hasselkus as Director        For       For        Management
5     Elect Nigel Sullivan as Director          For       For        Management
6     Re-elect David Malpas as Director         For       For        Management
7     Re-elect Philip Cox as Director           For       For        Management
8     Re-elect Peter Brown as Director          For       For        Management
9     Re-appoint KPMG Audit Plc as Auditors and For       For        Management
      Authorise Board to Fix Remuneration of
      Auditors
10    Authorise the Company to Make EU          For       For        Management
      Political Donations and Incur Political
      Expenditure up to Aggregate Nominal
      Amount of GBP 50,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 3,860,821
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 579,123
13    Authorise 11,582,463 Ordinary Shares for  For       For        Management
      Market Purchase


--------------------------------------------------------------------------------

YAMAICHI ELECTRONICS CO. LTD.

Ticker:                      Security ID:  JP3934200001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 7, Special JY 3
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
3     Appoint Alternate Internal Statutory      For       For        Management
      Auditor


--------------------------------------------------------------------------------

YOMIURI LAND CO. LTD.

Ticker:                      Security ID:  JP3960200008
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 2.5, Special JY 0
2     Amend Articles to: Set Maximum Board Size For       For        Management
      - Authorize Public Announcements in
      Electronic Format
3     Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonus for Statutory    For       Against    Management
      Auditor


--------------------------------------------------------------------------------

ZEHNDER GROUP (FORMERLY ZEHNDER HOLDING AG)

Ticker:                      Security ID:  CH0002352935
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends
4.1.1 Reelect Hans-Peter Zehnder as Director    For       For        Management
4.1.2 Reelect Thomas Benz as Director           For       For        Management
4.1.3 Reelect Philippe Nicolas as Director      For       For        Management
4.2   Elect Enrico Tissi as Director            For       For        Management
4.3   Ratify KPMG Fides Peat as Auditors        For       For        Management


--------------------------------------------------------------------------------

ZENTEK TECHNOLOGY

Ticker:                      Security ID:  JP3429500006
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Handling of Net Loss, with No     For       For        Management
      Dividends
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 269,280 to 300,000 Shares -
      Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
4     Approve Executive Stock Option Plan       For       Against    Management


--------------------------------------------------------------------------------

ZODIAC SA

Ticker:                      Security ID:  FR0000125684
Meeting Date: DEC 16, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.65 per Share
4     Approve Stock Dividend Program            For       For        Management
5     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Reelect Melchior d'Aramon as Supervisory  For       For        Management
      Board Member
8     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 5 Million
9     Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 5 Million
10    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 5 Million for Bonus Issue or
      Increase in Par Value
11    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
12    Approve Stock Option Plan Grants          For       For        Management
13    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities



============ MORGAN STANLEY INSTITUTIONAL FUND INC. - SMALL COMPANY ============
============                    GROWTH PORTFOLIO                    ============


51JOB INC

Ticker:       JOBS           Security ID:  316827104
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     THE RE-ELECTION OF DAVID K. CHAO AS A     For       For        Management
      DIRECTOR OF THE COMPANY.
2     THE RE-ELECTION OF SHAN LI AS A DIRECTOR  For       For        Management
      OF THE COMPANY.
3     THE RE-ELECTION OF DONALD L. LUCAS AS A   For       For        Management
      DIRECTOR OF THE COMPANY.
4     THE RE-ELECTION OF CHARLES E. PHILLIPS,   For       For        Management
      JR. AS A DIRECTOR OF THE COMPANY.
5     THE RE-ELECTION OF RICK YAN AS A DIRECTOR For       For        Management
      OF THE COMPANY.


--------------------------------------------------------------------------------

ACTIVISION, INC.

Ticker:       ATVI           Security ID:  004930202
Meeting Date: APR 4, 2005    Meeting Type: Special
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

ACTIVISION, INC.

Ticker:       ATVI           Security ID:  004930202
Meeting Date: SEP 21, 2004   Meeting Type: Annual
Record Date:  JUL 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert A. Kotick          For       Withhold   Management
1.2   Elect  Director Brian G. Kelly            For       Withhold   Management
1.3   Elect  Director Ronald Doornink           For       Withhold   Management
1.4   Elect  Director Robert J. Corti           For       For        Management
1.5   Elect  Director Kenneth L. Henderson      For       Withhold   Management
1.6   Elect  Director Barbara S. Isgur          For       For        Management
1.7   Elect  Director Robert J. Morgado         For       For        Management
1.8   Elect  Director Peter J. Nolan            For       For        Management
2     Ratify Auditors                           For       For        Management


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ACTUANT CORP

Ticker:       ATU            Security ID:  00508X203
Meeting Date: JAN 10, 2005   Meeting Type: Annual
Record Date:  NOV 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert C. Arzbaecher      For       For        Management
1.2   Elect  Director Gustav H.P. Boel          For       For        Management
1.3   Elect  Director Thomas J. Fischer         For       For        Management
1.4   Elect  Director William K. Hall           For       For        Management
1.5   Elect  Director Kathleen J. Hempel        For       For        Management
1.6   Elect  Director Robert A. Peterson        For       For        Management
1.7   Elect  Director William P. Sovey          For       For        Management
1.8   Elect  Director Larry Yost                For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

ADVISORY BOARD CO, THE

Ticker:       ABCO           Security ID:  00762W107
Meeting Date: NOV 15, 2004   Meeting Type: Annual
Record Date:  SEP 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Marc N. Casper            For       For        Management
1.2   Elect  Director Kelt Kindick              For       For        Management
1.3   Elect  Director Joseph E. Laird, Jr.      For       For        Management
1.4   Elect  Director Mark R. Neaman            For       For        Management
1.5   Elect  Director Leon D. Shapiro           For       For        Management
1.6   Elect  Director Frank J. Williams         For       For        Management
1.7   Elect  Director LeAnne M. Zumwalt         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

AFC ENTERPRISES, INC.

Ticker:       AFCE           Security ID:  00104Q107
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director  Victor Arias, Jr          For       For        Management
1.2   Elect Director  Frank J. Belatti          For       For        Management
1.3   Elect Director  Carolyn Hogan Byrd        For       For        Management
1.4   Elect Director  R. William Ide, III       For       For        Management
1.5   Elect Director  Kelvin J. Pennington      For       For        Management
1.6   Elect Director  John M. Roth              For       For        Management
1.7   Elect Director  Ronald P. Spogli          For       For        Management
1.8   Elect Director  Peter Starrett            For       For        Management
2     Amend Bundled Compensation Plans          For       For        Management


--------------------------------------------------------------------------------

AKAMAI TECHNOLOGIES, INC.

Ticker:       AKAM           Security ID:  00971T101
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William A. Halter         For       For        Management
1.2   Elect  Director Peter J. Kight            For       For        Management
1.3   Elect  Director Frederic V. Salerno       For       For        Management
2     Ratify Auditors                           For       For        Management


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AMERICAN MEDICAL SYSTEMS HOLDINGS, INC.

Ticker:       AMMD           Security ID:  02744M108
Meeting Date: MAR 4, 2005    Meeting Type: Special
Record Date:  JAN 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management
2     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

AMERICAN MEDICAL SYSTEMS HOLDINGS, INC.

Ticker:       AMMD           Security ID:  02744M108
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Martin J. Emerson         For       For        Management
1.2   Elect  Director Richard B. Emmitt         For       For        Management
1.3   Elect  Director Christopher H. Porter,    For       Withhold   Management
      Ph.D.
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ANDREW CORP.

Ticker:       ANDW           Security ID:  034425108
Meeting Date: FEB 8, 2005    Meeting Type: Annual
Record Date:  DEC 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director T.A. Donahoe              For       For        Management
1.2   Elect  Director R.E. Faison               For       For        Management
1.3   Elect  Director J.D. Fluno                For       For        Management
1.4   Elect  Director W.O. Hunt                 For       For        Management
1.5   Elect  Director C.R. Nicholas             For       For        Management
1.6   Elect  Director R.G. Paul                 For       For        Management
1.7   Elect  Director G.A. Poch                 For       For        Management
1.8   Elect  Director A.F. Pollack              For       For        Management
1.9   Elect  Director G.O. Toney                For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management
5     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

ANIMAS CORP.

Ticker:       PUMP           Security ID:  03525Y105
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Graeme Crothall           For       Withhold   Management
1.2   Elect  Director David Joseph              For       For        Management
1.3   Elect  Director A. Peter Parsons          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ARBITRON, INC.

Ticker:       ARB            Security ID:  03875Q108
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan W. Aldworth          For       For        Management
1.2   Elect  Director Erica Farber              For       For        Management
1.3   Elect  Director Philip Guarascio          For       For        Management
1.4   Elect  Director Larry E. Kittelberger     For       For        Management
1.5   Elect  Director Stephen B. Morris         For       For        Management
1.6   Elect  Director Luis G. Nogales           For       For        Management
1.7   Elect  Director Lawrence Perlman          For       For        Management
1.8   Elect  Director Richard A. Post           For       For        Management


--------------------------------------------------------------------------------

ARCH WIRELESS, INC.

Ticker:       ARCHQ          Security ID:  039392709
Meeting Date: NOV 8, 2004    Meeting Type: Special
Record Date:  OCT 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

BARRETT BILL CORP

Ticker:       BBG            Security ID:  06846N104
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Fredrick J. Barrett       For       For        Management
1.2   Elect  Director Henry Cornell             For       Withhold   Management
1.3   Elect  Director Michael E. Wiley          For       For        Management
1.4   Elect  Director James M. Fitzgibbons      For       For        Management
1.5   Elect  Director Jeffrey A. Harris         For       For        Management
1.6   Elect  Director Randy Stein               For       For        Management
1.7   Elect  Director William J. Barrett        For       For        Management
1.8   Elect  Director Roger L. Jarvis           For       For        Management
1.9   Elect  Director Philippe S.E. Schreiber   For       For        Management


--------------------------------------------------------------------------------

BEACON ROOFING SUPPLY, INC.

Ticker:       BECN           Security ID:  073685109
Meeting Date: FEB 22, 2005   Meeting Type: Annual
Record Date:  JAN 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert R. Buck            For       Withhold   Management
1.2   Elect  Director Andrew R. Logie           For       Withhold   Management
1.3   Elect  Director H. Arthur Bellows, Jr.    For       For        Management
1.4   Elect  Director James J. Gaffney          For       For        Management
1.5   Elect  Director Peter M. Gotsch           For       Withhold   Management
1.6   Elect  Director Krista M. Hatcher         For       Withhold   Management
1.7   Elect  Director Wilson B. Sexton          For       For        Management
1.8   Elect  Director Brian P. Simmons          For       Withhold   Management


--------------------------------------------------------------------------------

BJS RESTAURANTS INC

Ticker:       BJRI           Security ID:  09180C106
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  MAY 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Paul A. Montenko           For       For        Management
1.2   Elect Director Jeremiah J. Hennessy       For       For        Management
1.3   Elect Director Gerald W. Deitchle         For       For        Management
1.4   Elect Director James A. DalPozzo          For       For        Management
1.5   Elect Director Shann M. Brassfield        For       For        Management
1.6   Elect Director Larry D. Bouts             For       For        Management
1.7   Elect Director John F. Grundhofer         For       For        Management
1.8   Elect Director J. Roger King              For       For        Management
1.9   Elect Director Peter A. Bassi             For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BLUE NILE INC

Ticker:       NILE           Security ID:  09578R103
Meeting Date: MAY 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mark Vadon                For       For        Management
1.2   Elect  Director Joanna Strober            For       For        Management
1.3   Elect  Director W. Eric Carlborg          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BRIGHT HORIZONS FAMILY SOLUTIONS, INC.

Ticker:       BFAM           Security ID:  109195107
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joshua Bekenstein         For       For        Management
1.2   Elect  Director Joanne Brandes            For       For        Management
1.3   Elect  Director Roger H. Brown            For       For        Management
1.4   Elect  Director Marguerite W. Sallee      For       For        Management


--------------------------------------------------------------------------------

BROOKFIELD HOMES CORP.

Ticker:       BHS            Security ID:  112723101
Meeting Date: MAY 2, 2005    Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ian G. Cockwell           For       For        Management
1.2   Elect  Director Robert A. Ferchat         For       For        Management
1.3   Elect  Director J. Bruce Flatt            For       For        Management
1.4   Elect  Director Bruce T. Lehman           For       For        Management
1.5   Elect  Director Alan Norris               For       For        Management
1.6   Elect  Director Timothy R. Price          For       For        Management
1.7   Elect  Director David M. Sherman          For       For        Management
1.8   Elect  Director Robert L. Stelzl          For       For        Management
1.9   Elect  Director Michael D. Young          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BUILD-A-BEAR WORKSHOP, INC.

Ticker:       BBW            Security ID:  120076104
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Maxine Clark              For       For        Management
1.2   Elect  Director Louis Mucci               For       For        Management
1.3   Elect  Director Mary Lou Fiala            For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CALAMOS ASSET MGMT INC

Ticker:       CLMS           Security ID:  12811R104
Meeting Date: JUN 7, 2005    Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Arthur L. Knight          For       For        Management
1.2   Elect  Director G. Bradford Bulkley       For       For        Management
1.3   Elect  Director Richard W. Gilbert        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CARBO CERAMICS INC.

Ticker:       CRR            Security ID:  140781105
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  FEB 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Claude E. Cooke, Jr.      For       For        Management
1.2   Elect  Director Chad C. Deaton            For       For        Management
1.3   Elect  Director H.E. Lentz, Jr.           For       For        Management
1.4   Elect  Director William C. Morris         For       For        Management
1.5   Elect  Director John J. Murphy            For       For        Management
1.6   Elect  Director C. Mark Pearson           For       For        Management
1.7   Elect  Director Robert S. Rubin           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CARTER'S INC.

Ticker:       CRI            Security ID:  146229109
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frederick J. Rowan, II    For       For        Management
1.2   Elect  Director Bradley M. Bloom          For       Withhold   Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

CASUAL MALE RETAIL GROUP, INC.

Ticker:       CMRG           Security ID:  148711104
Meeting Date: AUG 4, 2004    Meeting Type: Annual
Record Date:  JUN 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Seymour Holtzman          For       For        Management
1.2   Elect  Director David A. Levin            For       For        Management
1.3   Elect  Director Alan S. Bernikow          For       For        Management
1.4   Elect  Director Jesse Choper              For       For        Management
1.5   Elect  Director James P. Frain            For       For        Management
1.6   Elect  Director Frank J. Husic            For       For        Management
1.7   Elect  Director Joseph Pennacchio         For       For        Management
1.8   Elect  Director George T. Porter, Jr.     For       Withhold   Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CEC ENTERTAINMENT, INC.

Ticker:       CEC            Security ID:  125137109
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard T. Huston         For       For        Management
1.2   Elect  Director Cynthia I. Pharr Lee      For       For        Management
1.3   Elect  Director Raymond E. Wooldridge     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Restricted  For       For        Management
      Stock Plan


--------------------------------------------------------------------------------

CHARLES RIVER LABORATORIES INTERNATIONAL, INC.

Ticker:       CRL            Security ID:  159864107
Meeting Date: OCT 20, 2004   Meeting Type: Special
Record Date:  SEP 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       Against    Management


--------------------------------------------------------------------------------

CHICAGO BRIDGE & IRON CO.

Ticker:       CBI            Security ID:  167250109
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:  APR 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     FIRST POSITION: JENNETT                   For       For        Management
2     FIRST POSITION: BORDAGES                  Against   Against    Management
3     SECOND POSITION: NEALE                    For       For        Management
4     SECOND POSITION: LEVENTRY                 Against   Against    Management
5     THIRD POSITION: WILLIAMS                  For       For        Management
6     THIRD POSITION: BYERS                     For       Against    Management
7     TO AUTHORIZE THE PREPARATION OF THE       For       For        Management
      ANNUAL ACCOUNTS AND THE ANNUAL REPORT IN
      THE ENGLISH LANGUAGE.
8     TO DISCHARGE THE MEMBERS OF THE           For       For        Management
      MANAGEMENT BOARD FROM LIABILITY.
9     TO DISCHARGE THE MEMBERS OF THE           For       For        Management
      SUPERVISORY BOARD FROM LIABILITY.
10    TO RESOLVE ON THE FINAL DIVIDEND FOR THE  For       For        Management
      YEAR ENDED DECEMBER 31, 2005.
11    TO APPROVE THE MANAGEMENT BOARD           For       For        Management
      COMPENSATION POLICY.
12    TO DETERMINE THE COMPENSATION OF THE      For       For        Management
      SUPERVISORY DIRECTORS WHO ARE NOT
      EMPLOYEES.
13    TO APPROVE THE EXTENSION OF THE AUTHORITY For       For        Management
      OF THE MANAGEMENT BOARD TO REPURCHASE UP
      TO 10%  OF THE ISSUED SHARE CAPITAL.
14    TO APPROVE THE EXTENSION OF THE AUTHORITY For       For        Management
      OF THE SUPERVISORY BOARD TO ISSUE AND/OR
      GRANT RIGHTS TO AQUIRE SHARES.
15    TO AMEND OUR ARTICLES OF ASSOCIATION TO   For       For        Management
      INCREASE THE AMOUNT OF THE AUTHORIZED
      SHARE CAPITAL.
16    TO APPROVE AN AMENDMENT TO THE CHICAGO    For       For        Management
      BRIDGE & IRON 1999 LONG- TERM INCENTIVE
      PLAN.
17    TO APPROVE AN AMENDMENT TO THE CHICAGO    For       For        Management
      BRIDGE & IRON INCENTIVE COMPENSATION
      PLAN.
18    TO APPOINT OUR INDEPENDENT PUBLIC         For       For        Management
      ACCOUNTANTS FOR THE YEAR ENDING DECEMBER
      31, 2005.


--------------------------------------------------------------------------------

CNET NETWORKS, INC.

Ticker:       CNET           Security ID:  12613R104
Meeting Date: MAY 16, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect  Director Betsey Nelson             For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

COEUR D' ALENE MINES CORP.

Ticker:       CDE            Security ID:  192108108
Meeting Date: SEP 30, 2004   Meeting Type: Special
Record Date:  AUG 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Reorganization Plan               For       For        Management
2     Issue Shares of Common Stock              For       For        Management
3     Adjourn Meeting                           For       Against    Management


--------------------------------------------------------------------------------

COINSTAR, INC.

Ticker:       CSTR           Security ID:  19259P300
Meeting Date: JUN 9, 2005    Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Deborah L. Bevier         For       For        Management
1.2   Elect  Director David M. Eskenazy         For       For        Management
1.3   Elect  Director Robert D. Sznewajs        For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CORPORATE EXECUTIVE BOARD CO. (THE)

Ticker:       EXBD           Security ID:  21988R102
Meeting Date: JUL 28, 2004   Meeting Type: Annual
Record Date:  JUN 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James J. Mcgonigle        For       For        Management
1.2   Elect  Director Robert C. Hall            For       For        Management
1.3   Elect  Director Nancy J. Karch            For       For        Management
1.4   Elect  Director David W. Kenny            For       For        Management
1.5   Elect  Director Daniel O. Leemon          For       For        Management
1.6   Elect  Director Thomas L. Monahan III     For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

COST PLUS, INC.

Ticker:       CPWM           Security ID:  221485105
Meeting Date: JUL 1, 2004    Meeting Type: Annual
Record Date:  MAY 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Murray H. Dashe           For       For        Management
1.2   Elect  Director Joseph H. Coulombe        For       For        Management
1.3   Elect  Director Barry J. Feld             For       For        Management
1.4   Elect  Director Danny W. Gurr             For       For        Management
1.5   Elect  Director Kim D. Robbins            For       For        Management
1.6   Elect  Director Fredric M. Roberts        For       For        Management
1.7   Elect  Director Thomas D. Willardson      For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CUNO INC.

Ticker:       CUNO           Security ID:  126583103
Meeting Date: MAR 3, 2005    Meeting Type: Annual
Record Date:  JAN 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director C. Edward Midgley         For       For        Management
1.2   Elect  Director Frederick C. Flynn, Jr.   For       For        Management
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DADE BEHRING HLDGS INC

Ticker:       DADE           Security ID:  23342J206
Meeting Date: MAY 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard W. Roedel         For       For        Management
1.2   Elect  Director Samuel K. Skinner         For       For        Management
2     Increase Authorized Preferred and Common  For       For        Management
      Stock


--------------------------------------------------------------------------------

DELTA PETROLEUM CORP.

Ticker:       DPTR           Security ID:  247907207
Meeting Date: DEC 21, 2004   Meeting Type: Annual
Record Date:  NOV 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Aleron H. Larson, Jr.      For       For        Management
2     Elect Director Roger A. Parker            For       For        Management
3     Elect Director Jerrie F. Eckelberger      For       For        Management
4     Elect Director James B. Wallace           For       For        Management
5     Elect Director Joseph L. Castle II        For       For        Management
6     Elect Director Russell S. Lewis           For       For        Management
7     Elect Director John P. Keller             For       For        Management
8     Elect Director Jordan R. Smith            For       For        Management
9     Elect Director Neal A. Stanley            For       For        Management
10    Approve Omnibus Stock Plan                For       Against    Management
11    Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DENBURY RESOURCES INC.

Ticker:       DNR            Security ID:  247916208
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald G. Greene          For       For        Management
1.2   Elect  Director David I. Heather          For       For        Management
1.3   Elect  Director Greg Mcmichael            For       For        Management
1.4   Elect  Director Gareth Roberts            For       For        Management
1.5   Elect  Director Randy Stein               For       For        Management
1.6   Elect  Director Wieland F. Wettstein      For       For        Management
1.7   Elect  Director Donald D. Wolf            For       For        Management
2     Amend Nonqualified Employee Stock         For       For        Management
      Purchase Plan


--------------------------------------------------------------------------------

DIONEX CORP.

Ticker:       DNEX           Security ID:  254546104
Meeting Date: OCT 22, 2004   Meeting Type: Annual
Record Date:  SEP 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David L. Anderson         For       For        Management
1.2   Elect  Director A. Blaine Bowman          For       Withhold   Management
1.3   Elect  Director Lukas Braunschweiler      For       Withhold   Management
1.4   Elect  Director B.J. Moore                For       For        Management
1.5   Elect  Director Riccardo Pigliucci        For       For        Management
1.6   Elect  Director Michael W. Pope           For       Withhold   Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ECLIPSYS CORP.

Ticker:       ECLP           Security ID:  278856109
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAY 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eugene V. Fife            For       For        Management
1.2   Elect  Director Braden R. Kelly           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Approve Qualified Employee Stock Purchase For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ENZON PHARMACEUTICALS, INC.

Ticker:       ENZN           Security ID:  293904108
Meeting Date: DEC 7, 2004    Meeting Type: Annual
Record Date:  OCT 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Rolf A. Classon            For       For        Management
1.2   Elect Director Robert LeBuhn              For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

EVERGREEN RESOURCES, INC.

Ticker:                      Security ID:  299900308
Meeting Date: SEP 28, 2004   Meeting Type: Special
Record Date:  JUL 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       Against    Management


--------------------------------------------------------------------------------

FILENET CORP.

Ticker:       FILE           Security ID:  316869106
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director L. George Klaus           For       For        Management
1.2   Elect  Director Lee. D. Roberts           For       For        Management
1.3   Elect  Director John C. Savage            For       For        Management
1.4   Elect  Director Roger S. Siboni           For       For        Management
1.5   Elect  Director Theodore J. Smith         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FLAMEL TECHNOLOGIES S.A.

Ticker:       FLML           Security ID:  338488109
Meeting Date: JUN 22, 2005   Meeting Type: Written Consent
Record Date:  MAY 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Elie Vannier as Director            Against   For        Shareholder


--------------------------------------------------------------------------------

FLAMEL TECHNOLOGIES S.A.

Ticker:       FLML           Security ID:  338488109
Meeting Date: JUN 22, 2005   Meeting Type: Special
Record Date:  MAY 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Approve Treatment of Losses               For       For        Management
3     Reelect Gerard Soula as Director          For       Against    Management
4     Reelect Stephen Willard as Director       For       Against    Management
5     Reelect Raul Cesan as Director            For       Against    Management
6     Reelect William Dearstyne as Director     For       Against    Management
7     Reelect Michel Greco as Director          For       Against    Management
8     Reelect Jean Noel Treilles as Director    For       Against    Management
9     Reelect James C. Smith as Director        For       Against    Management
10    Appoint David Deming as Director          For       Against    Management
11    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 240,000
12    Approve Special Auditors' Report          For       Against    Management
      Regarding Related-Party Transactions
13    Authorize Issuance of 120,000 Warrants to For       Against    Management
      Raul Cesan, Michel Greco, William
      Dearstyne, Jean-Noel Treilles, James C.
      Smith, and David Deming
14    Authorize Issuance of 80,000 Warrants to  For       Against    Management
      James C. Smith and David Deming
15    Approve Capital Increase Reserved for     Against   Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
16    Authorize Regularization of Capital       For       For        Management
      Increases Submitted to Shareholder Vote
      at June 2004 EGM
17    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
18    Remove All Members of Flamel Technologies Against   For        Shareholder
      Board of Directors
19    Elect Cornelis Boonstra as Director       Against   For        Shareholder
20    Elect Randy H. Thurman as Director        Against   For        Shareholder


--------------------------------------------------------------------------------

FLAMEL TECHNOLOGIES S.A.

Ticker:       FLML           Security ID:  338488109
Meeting Date: MAR 4, 2005    Meeting Type: Special
Record Date:  JAN 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO AUTHORIZE THE BOARD TO GRANT A MAXIMUM For       Against    Management
      NUMBER OF 1,500,000 OPTIONS FOR SHARES TO
      BE ISSUED AS CAPITAL INCREASE.
2     TO PROCEED WITH THE ISSUANCE OF 40,000    For       Against    Management
      WARRANTS (BSA) PURSUANT TO THE PROVISIONS
      OF ARTICLE L.228-91 ET SEQ. OF THE
      COMMERCIAL CODE FOR A SUBSCRIPTION PRICE
      OF 0.01 EURO EACH.
3     TO CANCEL THE PREFERENTIAL RIGHT OF THE   For       Against    Management
      SHAREHOLDERS, WARRANT (BSA) HOLDERS AND
      ALL OF THE HOLDERS OF ANY OTHER
      SECURITIES GIVING ACCESS THE SHARE
      CAPITAL, TO SUBSCRIBE FOR 40,000 WARRANTS
      (BSA) REFERRED TO IN THE PREVIOUS
      RESOLUTION, FOR THE BENEFIT OF
4     TO AUTHORIZE THE BOARD TO PROCEED WITH    For       Against    Management
      THE ISSUANCE OF A MAXIMUM OF 40,000 NEW
      ORDINARY SHARES.
5     THE GENERAL SHAREHOLDERS  MEETING         Against   Against    Management
      AUTHORIZES THE BOARD AND DELEGATES TO IT
      THE POWERS NECESSARY TO INCREASE THE
      SHARE CAPITAL, BY THE ISSUANCE OF NEW
      SHARES TO BE PAID IN CASH AND RESERVED TO
      EMPLOYEES HAVING SUBSCRIBED TO A SAVINGS
      PLAN.
6     THE GENERAL SHAREHOLDERS  MEETING HEREBY  For       For        Management
      GRANTS ALL POWERS TO THE HOLDER OF AN
      ORIGINAL, AN EXCERPT OR A COPY THEREOF,
      TO ACCOMPLISH ALL PUBLICATIONS,
      REGISTRATIONS OR OTHER FORMALITIES
      REQUIRED BY LAW.


--------------------------------------------------------------------------------

FLIR SYSTEMS, INC.

Ticker:       FLIR           Security ID:  302445101
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John C. Hart              For       Withhold   Management
1.2   Elect  Director Angus L. Macdonald        For       For        Management
2     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

FLORIDA ROCK INDUSTRIES, INC.

Ticker:       FRK            Security ID:  341140101
Meeting Date: JAN 26, 2005   Meeting Type: Annual
Record Date:  DEC 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A.R. Carpenter            For       For        Management
1.2   Elect  Director John D. Baker Ii          For       For        Management
1.3   Elect  Director G. Kennedy Thompson       For       For        Management
2     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

GASCO ENERGY INC

Ticker:       GSX            Security ID:  367220100
Meeting Date: JUN 9, 2005    Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Marc A. Bruner            For       Withhold   Management
1.2   Elect  Director Charles B. Crowell        For       For        Management
1.3   Elect  Director Mark A. Erickson          For       Withhold   Management
1.4   Elect  Director Richard J. Burgess        For       For        Management
1.5   Elect  Director Carmen J. (Tony) Lotito   For       For        Management
1.6   Elect  Director Carl Stadelhofer          For       For        Management
1.7   Elect  Director John A. Schmit            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       Against    Management


--------------------------------------------------------------------------------

GAYLORD ENTERTAINMENT CO.

Ticker:       GET            Security ID:  367905106
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director E.K. Gaylord II           For       Withhold   Management
1.2   Elect  Director E. Gordon Gee             For       For        Management
1.3   Elect  Director Ellen Levine              For       For        Management
1.4   Elect  Director Robert P. Bowen           For       For        Management
1.5   Elect  Director Ralph Horn                For       For        Management
1.6   Elect  Director Michael J. Bender         For       For        Management
1.7   Elect  Director Laurence S. Geller        For       For        Management
1.8   Elect  Director Michael D. Rose           For       For        Management
1.9   Elect  Director Colin V. Reed             For       For        Management
1.10  Elect  Director Michael I. Roth           For       For        Management


--------------------------------------------------------------------------------

GEN-PROBE, INC.

Ticker:       GPRO           Security ID:  36866T103
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Raymond V. Dittamore      For       For        Management
1.2   Elect  Director Abraham D. Sofaer         For       For        Management
1.3   Elect  Director Phillip M. Schneider      For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GLAMIS GOLD LTD.

Ticker:       GLG.           Security ID:  376775102
Meeting Date: FEB 9, 2005    Meeting Type: Special
Record Date:  JAN 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Unlimited Capital Authorization   For       For        Management
      and Amend Notice of Articles Accordingly


--------------------------------------------------------------------------------

GREAT WOLF RESORTS INC

Ticker:       WOLF           Security ID:  391523107
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 30, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bruce D. Neviaser         For       For        Management
1.2   Elect  Director John Emery                For       For        Management
1.3   Elect  Director Elan Blutinger            For       For        Management
1.4   Elect  Director Randy Churchey            For       For        Management
1.5   Elect  Director Michael M. Knetter        For       For        Management
1.6   Elect  Director Alissa N. Nolan           For       For        Management
1.7   Elect  Director Howard Silver             For       For        Management
1.8   Elect  Director Marc B. Vaccaro           For       For        Management


--------------------------------------------------------------------------------

GREENHILL & CO INC

Ticker:       GHL            Security ID:  395259104
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert F. Greenhill       For       For        Management
1.2   Elect  Director Scott L. Bok              For       For        Management
1.3   Elect  Director Simon A. Borrows          For       For        Management
1.4   Elect  Director John C. Danforth          For       For        Management
1.5   Elect  Director Steven F. Goldstone       For       For        Management
1.6   Elect  Director Stephen L. Key            For       For        Management
1.7   Elect  Director Isabel V. Sawhill         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GUITAR CENTER, INC.

Ticker:       GTRC           Security ID:  402040109
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Marty Albertson           For       For        Management
1.2   Elect  Director George Jones              For       For        Management
1.3   Elect  Director Larry Livingston          For       For        Management
1.4   Elect  Director George Mrkonic            For       For        Management
1.5   Elect  Director Kenneth Reiss             For       For        Management
1.6   Elect  Director Walter Rossi              For       For        Management
1.7   Elect  Director Peter Starrett            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

HYPERION SOLUTIONS CORP.

Ticker:       HYSL           Security ID:  44914M104
Meeting Date: NOV 10, 2004   Meeting Type: Annual
Record Date:  SEP 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Henry Autry                For       For        Management
1.2   Elect Director Terry Carlitz              For       For        Management
1.3   Elect Director Yorgen Edholm              For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

IDEXX LABORATORIES, INC.

Ticker:       IDXX           Security ID:  45168D104
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas Craig              For       For        Management
1.2   Elect  Director Errol B. De Souza, Ph.D.  For       For        Management
1.3   Elect  Director Rebecca M Henderson,      For       For        Management
      Ph.D.
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

IDT CORP.

Ticker:       IDT.C          Security ID:  448947309
Meeting Date: DEC 15, 2004   Meeting Type: Annual
Record Date:  OCT 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Howard S. Jonas           For       Withhold   Management
1.2   Elect  Director Michael J. Levitt         For       For        Management
1.3   Elect  Director Rudy Boschwitz            For       For        Management
1.4   Elect  Director Saul K. Fenster           For       For        Management
1.5   Elect  Director Joyce J. Mason            For       Withhold   Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

IHOP CORP.

Ticker:       IHP            Security ID:  449623107
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  MAR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael S. Gordon         For       For        Management
1.2   Elect  Director Larry Alan Kay            For       For        Management
1.3   Elect  Director Julia A. Stewart          For       For        Management
1.4   Elect  Director Gilbert T. Ray            For       For        Management
2     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

INTEGRATED CIRCUIT SYSTEMS, INC.

Ticker:       ICST           Security ID:  45811K208
Meeting Date: OCT 28, 2004   Meeting Type: Annual
Record Date:  SEP 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lewis C. Eggebrecht       For       For        Management
1.2   Elect  Director Henry I. Boreen           For       Withhold   Management
1.3   Elect  Director David Dominik             For       For        Management


--------------------------------------------------------------------------------

INTERACTIVE DATA CORPORATION

Ticker:       IDC            Security ID:  45840J107
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stuart J. Clark           For       Withhold   Management
1.2   Elect  Director William T. Ethridge       For       Withhold   Management
1.3   Elect  Director John Fallon               For       Withhold   Management
1.4   Elect  Director Olivier Fleurot           For       Withhold   Management
1.5   Elect  Director Donald P. Greenberg       For       For        Management
1.6   Elect  Director Alan J. Hirschfield       For       For        Management
1.7   Elect  Director Philip J. Hoffman         For       Withhold   Management
1.8   Elect  Director John C. Makinson          For       For        Management
1.9   Elect  Director Carl Spielvogel           For       For        Management
1.10  Elect  Director Allan R. Tessler          For       For        Management
2     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

KERZNER INTERNATIONAL LTD

Ticker:       KZL            Security ID:  P6065Y107
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:  JUN 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Solomon Kerzner           For       For        Management
1.2   Elect  Director Peter N. Buckley          For       For        Management
1.3   Elect  Director Howard S. Marks           For       For        Management
1.4   Elect  Director Eric B. Siegel            For       For        Management
1.5   Elect  Director Heinrich Von Rantzau      For       For        Management
2     PROPOSAL TO RATIFY DELOITTE & TOUCHE LLP  For       For        Management
      AS THE COMPANY S INDEPENDENT CERTIFIED
      PUBLIC ACCOUNTANTS FOR 2004.


--------------------------------------------------------------------------------

LANDSTAR SYSTEM, INC.

Ticker:       LSTR           Security ID:  515098101
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David G. Bannister        For       For        Management
1.2   Elect  Director Jeffrey C. Crowe          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

LIONS GATE ENTERTAINMENT CORP.

Ticker:       LGF.           Security ID:  535919203
Meeting Date: SEP 14, 2004   Meeting Type: Annual/Special
Record Date:  JUL 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael Burns             For       For        Management
1.2   Elect  Director Drew Craig                For       Withhold   Management
1.3   Elect  Director Arthur Evrensel           For       For        Management
1.4   Elect  Director Jon Feltheimer            For       For        Management
1.5   Elect  Director Morley Koffman            For       For        Management
1.6   Elect  Director Andre Link                For       For        Management
1.7   Elect  Director Harald Ludwig             For       For        Management
1.8   Elect  Director G. Scott Paterson         For       Withhold   Management
1.9   Elect  Director Daryl Simm                For       For        Management
1.10  Elect  Director Harry Sloan               For       For        Management
1.11  Elect  Director Brian V. Tobin            For       For        Management
2     Amend Articles Re:Pre-Existing Company    For       For        Management
      Provisions
3     Approve Ernst & Young LLP as Auditors and For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors
4     Approve 2004 Performance Incentive Plan   For       Against    Management


--------------------------------------------------------------------------------

MACQUARIE INFRASTRUCTURE COMPANY TRUST

Ticker:       MIC            Security ID:  55607X108
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Norman H. Brown, Jr.      For       For        Management
1.2   Elect  Director George W. Carmany, III    For       For        Management
1.3   Elect  Director William H. Webb           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MARKEL CORP.

Ticker:       MKL            Security ID:  570535104
Meeting Date: MAY 23, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J. Alfred Broaddus, Jr.   For       For        Management
1.2   Elect  Director Douglas C. Eby            For       For        Management
1.3   Elect  Director Leslie A. Grandis         For       Withhold   Management
1.4   Elect  Director Stewart M. Kasen          For       For        Management
1.5   Elect  Director Alan I. Kirshner          For       For        Management
1.6   Elect  Director Anthony F. Markel         For       For        Management
1.7   Elect  Director Steven A. Markel          For       For        Management
1.8   Elect  Director Jay M. Weinberg           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

MERITAGE HOMES CORP

Ticker:       MTH            Security ID:  59001A102
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John R. Landon            For       For        Management
1.2   Elect  Director Robert G. Sarver          For       For        Management
1.3   Elect  Director Peter L. Ax               For       For        Management
1.4   Elect  Director C. Timothy White          For       For        Management
1.5   Elect  Director Gerald W. Haddock         For       For        Management
1.6   Elect  Director Richard T. Burke, Sr.     For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MICROS SYSTEMS, INC.

Ticker:       MCRS           Security ID:  594901100
Meeting Date: NOV 19, 2004   Meeting Type: Annual
Record Date:  OCT 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A.L. Giannopoulos         For       For        Management
1.2   Elect  Director Louis M. Brown, Jr.       For       For        Management
1.3   Elect  Director B. Gary Dando             For       For        Management
1.4   Elect  Director John G. Puente            For       For        Management
1.5   Elect  Director Dwight S. Taylor          For       For        Management
1.6   Elect  Director William S. Watson         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Stock Option Plan                   For       For        Management


--------------------------------------------------------------------------------

MICROSEMI CORP.

Ticker:       MSCC           Security ID:  595137100
Meeting Date: FEB 23, 2005   Meeting Type: Annual
Record Date:  JAN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dennis R. Leibel          For       For        Management
1.2   Elect  Director James J. Peterson         For       For        Management
1.3   Elect  Director Thomas R. Anderson        For       For        Management
1.4   Elect  Director Harold A. Blomquist       For       For        Management
1.5   Elect  Director William E. Bendush        For       For        Management
1.6   Elect  Director William L. Healey         For       For        Management
1.7   Elect  Director Paul F. Folino            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MICROSTRATEGY INC.

Ticker:       MSTR           Security ID:  594972408
Meeting Date: JUL 8, 2004    Meeting Type: Annual
Record Date:  MAY 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael J. Saylor         For       Withhold   Management
1.2   Elect  Director Sanju K. Bansal           For       Withhold   Management
1.3   Elect  Director David B. Blundin          For       For        Management
1.4   Elect  Director F. David Fowler           For       For        Management
1.5   Elect  Director Carl J. Rickertsen        For       For        Management
1.6   Elect  Director Stuart B. Ross            For       For        Management
1.7   Elect  Director Ralph S. Terkowitz        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MIDDLEBY CORP., THE

Ticker:       MIDD           Security ID:  596278101
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Selim A. Bassoul          For       For        Management
1.2   Elect  Director Robert B. Lamb            For       For        Management
1.3   Elect  Director John R. Miller III        For       For        Management
1.4   Elect  Director Gordon O'Brien            For       For        Management
1.5   Elect  Director Philip G. Putnam          For       For        Management
1.6   Elect  Director Sabin C. Streeter         For       For        Management
1.7   Elect  Director Robert L. Yohe            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management
5     Amend Articles                            For       For        Management
6     Amend Articles                            For       Against    Management


--------------------------------------------------------------------------------

MULTIMEDIA GAMES, INC.

Ticker:       MGAM           Security ID:  625453105
Meeting Date: MAR 2, 2005    Meeting Type: Annual
Record Date:  JAN 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas W. Sarnoff         For       For        Management
1.2   Elect  Director Clifton E. Lind           For       For        Management
1.3   Elect  Director Michael J. Maples, Sr.    For       For        Management
1.4   Elect  Director Robert D. Repass          For       For        Management
1.5   Elect  Director John M. Winkelman         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NEENAH PAPER INC

Ticker:       NP             Security ID:  640079109
Meeting Date: JUN 20, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Timothy S. Lucas          For       For        Management
1.2   Elect  Director Philip C. Moore           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NETEASE COM INC

Ticker:       NTES           Security ID:  64110W102
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  APR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     RE-ELECT TO SERVE FOR THE ENSUING YEAR:   For       Against    Management
      WILLIAM DING
2     RE-ELECT TO SERVE FOR THE ENSUING YEAR:   For       Against    Management
      TED SUN
3     RE-ELECT TO SERVE FOR THE ENSUING YEAR:   For       Against    Management
      DENNY LEE
4     RE-ELECT TO SERVE FOR THE ENSUING YEAR:   For       Against    Management
      MICHAEL TONG
5     RE-ELECT TO SERVE FOR THE ENSUING YEAR:   For       For        Management
      DONGHUA DING
6     RE-ELECT TO SERVE FOR THE ENSUING YEAR:   For       For        Management
      RONALD LEE
7     RE-ELECT TO SERVE FOR THE ENSUING YEAR:   For       For        Management
      MICHAEL LEUNG
8     RE-ELECT TO SERVE FOR THE ENSUING YEAR:   For       For        Management
      JOSEPH TONG
9     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NEVADA GOLD & CASINOS, INC.

Ticker:       UWN            Security ID:  64126Q206
Meeting Date: SEP 9, 2004    Meeting Type: Annual
Record Date:  JUL 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William G. Jayroe         For       For        Management
1.2   Elect  Director Paul J. Burkett           For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Increase Capital Stock                    For       For        Management


--------------------------------------------------------------------------------

NOVEN PHARMACEUTICALS, INC.

Ticker:       NOVN           Security ID:  670009109
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Sidney Braginsky          For       For        Management
1.2   Elect  Director John G. Clarkson, M.D.    For       For        Management
1.3   Elect  Director Donald A. Denkhaus        For       For        Management
1.4   Elect  Director Pedro P. Granadillo       For       For        Management
1.5   Elect  Director Robert G. Savage          For       For        Management
1.6   Elect  Director Robert C. Strauss         For       For        Management
1.7   Elect  Director Wayne P. Yetter           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

OPNET TECHNOLOGIES, INC.

Ticker:       OPNT           Security ID:  683757108
Meeting Date: SEP 14, 2004   Meeting Type: Annual
Record Date:  JUL 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald W. Kaiser          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

OVERSTOCK.COM, INC.

Ticker:       OSTK           Security ID:  690370101
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect  Director Allison H. Abraham        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

OXFORD INDUSTRIES, INC.

Ticker:       OXM            Security ID:  691497309
Meeting Date: OCT 4, 2004    Meeting Type: Annual
Record Date:  AUG 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director E. Jenner Wood III        For       For        Management
1.2   Elect  Director Helen B. Weeks            For       For        Management
1.3   Elect  Director S. Anthony Margolis       For       For        Management
1.4   Elect  Director James A. Rubright         For       For        Management
2     Approve Employee Stock Purchase Plan      For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

P.F. CHANG

Ticker:       PFCB           Security ID:  69333Y108
Meeting Date: MAY 6, 2005    Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard L. Federico       For       For        Management
1.2   Elect  Director R. Michael Welborn        For       For        Management
1.3   Elect  Director James G. Shennan, Jr.     For       For        Management
1.4   Elect  Director F. Lane Cardwell, Jr.     For       For        Management
1.5   Elect  Director Kenneth J. Wessels        For       For        Management
1.6   Elect  Director M. Ann Rhoades            For       For        Management
1.7   Elect  Director Lesley H. Howe            For       For        Management
2     Ratify Auditors                           For       For        Management


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PENN NATIONAL GAMING, INC.

Ticker:       PENN           Security ID:  707569109
Meeting Date: JUN 1, 2005    Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter M. Carlino          For       Withhold   Management
1.2   Elect  Director Harold Cramer             For       Withhold   Management


--------------------------------------------------------------------------------

PLANETOUT INC.

Ticker:       LGBT           Security ID:  727058109
Meeting Date: JUN 15, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert W. King            For       For        Management
1.2   Elect  Director Allen Morgan              For       For        Management
2     Ratify Auditors                           For       For        Management


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PLANTRONICS, INC.

Ticker:       PLT            Security ID:  727493108
Meeting Date: JUL 21, 2004   Meeting Type: Annual
Record Date:  MAY 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Patti Hart                For       For        Management
1.2   Elect  Director Ken Kannappan             For       For        Management
1.3   Elect  Director Trude Taylor              For       For        Management
1.4   Elect  Director Marv Tseu                 For       For        Management
1.5   Elect  Director David Wegmann             For       For        Management
1.6   Elect  Director Roger Wery                For       Withhold   Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


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PROQUEST COMPANY

Ticker:       PQE            Security ID:  74346P102
Meeting Date: JUN 15, 2005   Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan W. Aldworth          For       For        Management
1.2   Elect  Director Randy Best                For       For        Management
1.3   Elect  Director David G. Brown            For       For        Management
1.4   Elect  Director Michael S. Geltzeiler     For       For        Management
1.5   Elect  Director Todd S. Nelson            For       Withhold   Management
1.6   Elect  Director William E. Oberndorf      For       For        Management
1.7   Elect  Director Linda G. Roberts          For       For        Management
1.8   Elect  Director James P. Roemer           For       For        Management
1.9   Elect  Director Gary L. Roubos            For       For        Management
1.10  Elect  Director Frederick J. Schwab       For       For        Management


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QUICKSILVER RESOURCES INC.

Ticker:       KWK            Security ID:  74837R104
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas F. Darden          For       For        Management
1.2   Elect  Director Mark J. Warner            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan


--------------------------------------------------------------------------------

RANGE RESOURCES CORPORATION

Ticker:       RRC            Security ID:  75281A109
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert E. Aikman          For       For        Management
1.2   Elect  Director Charles L. Blackburn      For       For        Management
1.3   Elect  Director Anthony V. Dub            For       For        Management
1.4   Elect  Director  V. Richard Eales         For       For        Management
1.5   Elect  Director Allen Finkelson           For       For        Management
1.6   Elect  Director Jonathan S. Linker        For       For        Management
1.7   Elect  Director Kevin S. McCarthy         For       For        Management
1.8   Elect  Director John H. Pinkerton         For       For        Management
1.9   Elect  Director Jeffrey L. Ventura        For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend  Director & Officer                 For       For        Management
      Indemnification/Liability Provisions
4     Approve Omnibus Stock Plan                For       Against    Management
5     Amend Omnibus Stock Plan                  For       Against    Management
6     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

RSA SECURITY INC.

Ticker:       RSAS           Security ID:  749719100
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  APR 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard A. DeMillo        For       For        Management
1.2   Elect  Director Richard L. Earnest        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SCP POOL CORP.

Ticker:       POOL           Security ID:  784028102
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Wilson B. Sexton          For       For        Management
1.2   Elect  Director Andrew W. Code            For       For        Management
1.3   Elect  Director James J. Gaffney          For       For        Management
1.4   Elect  Director George T. Haymaker, Jr.   For       For        Management
1.5   Elect  Director Manuel J. Perez De La     For       For        Management
      Mesa
1.6   Elect  Director Harlan F. Seymour         For       For        Management
1.7   Elect  Director Robert C. Sledd           For       For        Management
1.8   Elect  Director John E. Stokely           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SHUFFLE MASTER, INC.

Ticker:       SHFL           Security ID:  825549108
Meeting Date: MAR 15, 2005   Meeting Type: Annual
Record Date:  JAN 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mark L. Yoseloff          For       For        Management
1.2   Elect  Director Ken Robson                For       For        Management
1.3   Elect  Director Garry W. Saunders         For       For        Management
1.4   Elect  Director Louis Castle              For       For        Management


--------------------------------------------------------------------------------

SKILLSOFT PLC [FORMERLY SMARTFORCE PLC (FRM.CBT GROUP PLC)]

Ticker:       SKIL           Security ID:  830928107
Meeting Date: AUG 27, 2004   Meeting Type: Annual
Record Date:  JUL 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE AND CONSIDER THE CONSOLIDATED  For       For        Management
      FINANCIAL STATEMENTS OF THE COMPANY FOR
      THE FISCAL YEAR ENDED JANUARY 31, 2004
      AND THE REPORT OF THE DIRECTORS AND
      AUDITOR THEREON.
2     TO RE-ELECT AS DIRECTOR MR. JAMES         For       For        Management
      KRZYWICKI WHO RETIRES BY ROTATION AND,
      BEING ELIGIBLE, OFFERS HIMSELF FOR
      RE-ELECTION.
3     TO RE-ELECT AS DIRECTOR DR FERDINAND VON  For       For        Management
      PRONDZYNSKI WHO RETIRES BY ROTATION AND,
      BEING ELIGIBLE, OFFERS HIMSELF FOR
      RE-ELECTION.
4     TO ELECT AS A DIRECTOR MR. WILLIAM F.     For       For        Management
      MEAGHER, JR., WHO WAS APPOINTED AS A
      DIRECTOR IN MARCH 2004.
5     TO AUTHORIZE THE AUDIT COMMITTEE OF THE   For       For        Management
      BOARD OF DIRECTORS TO FIX THE
      REMUNERATION OF THE COMPANY S AUDITOR AND
      ACCOUNTANTS.
6     THAT THE COMPANY S 2004 EMPLOYEE SHARE    For       For        Management
      PURCHASE PLAN (THE  2004 ESPP ) BE AND IT
      IS HEREBY ADOPTED.
7     THAT, SUBJECT TO COMPLIANCE WITH ALL      For       For        Management
      APPLICABLE LAWS, THE TERMS OF A SHARE
      REPURCHASE AGREEMENT PROPOSED TO BE
      ENTERED INTO BETWEEN THE COMPANY AND
      CREDIT SUISSE FIRST BOSTON LLC BE AND THE
      SAME HEREBY ARE APPROVED AND AUTHORIZED.


--------------------------------------------------------------------------------

SKILLSOFT PLC [FORMERLY SMARTFORCE PLC (FRM.CBT GROUP PLC)]

Ticker:       SKIL           Security ID:  830928107
Meeting Date: SEP 24, 2004   Meeting Type: Special
Record Date:  AUG 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO APPROVE THE TERMS OF A SHARE PURCHASE  For       For        Management
      AGREEMENT TO BE ENTERED INTO AMONG
      SKILLSOFT PUBLIC LIMITED COMPANY, CBT
      (TECHNOLOGY) LIMITED, A SUBSIDIARY OF THE
      COMPANY, CBT FINANCE LIMITED, A
      SUBSIDIARY OF THE COMPANY, AND CREDIT
      SUISSE FIRST BOSTON LLC.


--------------------------------------------------------------------------------

SONIC CORP.

Ticker:       SONC           Security ID:  835451105
Meeting Date: JAN 20, 2005   Meeting Type: Annual
Record Date:  NOV 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Leonard Lieberman         For       For        Management
1.2   Elect  Director H.E. (Gene) Rainbolt      For       For        Management
2     Other Business                            For       For        Management


--------------------------------------------------------------------------------

SOUTHWESTERN ENERGY CO.

Ticker:       SWN            Security ID:  845467109
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lewis E. Epley, Jr.       For       For        Management
1.2   Elect  Director John Paul Hammerschmidt   For       For        Management
1.3   Elect  Director Robert L. Howard          For       For        Management
1.4   Elect  Director Harold M. Korell          For       For        Management
1.5   Elect  Director Vello A. Kuuskraa         For       For        Management
1.6   Elect  Director Kenneth R. Mourton        For       For        Management
1.7   Elect  Director Charles E. Scharlau       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Approve Increase Bond Indebtedness        For       For        Management


--------------------------------------------------------------------------------

SPECTRASITE, INC.

Ticker:       SSI            Security ID:  84761M104
Meeting Date: MAY 2, 2005    Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephen H. Clark          For       For        Management
1.2   Elect  Director Timothy G. Biltz          For       For        Management
1.3   Elect  Director Paul M. Albert, Jr.       For       For        Management
1.4   Elect  Director John F. Chlebowski        For       For        Management
1.5   Elect  Director Dean J. Douglas           For       For        Management
1.6   Elect  Director Patricia L. Higgins       For       For        Management
1.7   Elect  Director Samme L. Thompson         For       For        Management
1.8   Elect  Director Kari-Pekka Wilska         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

STEAK & SHAKE COMPANY (THE)

Ticker:       SNS            Security ID:  857873103
Meeting Date: FEB 9, 2005    Meeting Type: Annual
Record Date:  DEC 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter M. Dunn             For       For        Management
1.2   Elect  Director Alan B. Gilman            For       For        Management
1.3   Elect  Director Stephen Goldsmith         For       For        Management
1.4   Elect  Director Wayne L. Kelley           For       For        Management
1.5   Elect  Director Charles E. Lanham         For       For        Management
1.6   Elect  Director Ruth J. Person            For       For        Management
1.7   Elect  Director J. Fred Risk              For       For        Management
1.8   Elect  Director John W. Ryan              For       For        Management
1.9   Elect  Director James Williamson, Jr.     For       For        Management
2     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

STERICYCLE, INC.

Ticker:       SRCL           Security ID:  858912108
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jack W. Schuler           For       Withhold   Management
1.2   Elect  Director Mark C. Miller            For       For        Management
1.3   Elect  Director Rod F. Dammeyer           For       For        Management
1.4   Elect  Director Patrick F. Graham         For       For        Management
1.5   Elect  Director Jonathan T. Lord, M.D.    For       For        Management
1.6   Elect  Director John Patience             For       For        Management
1.7   Elect  Director Thomas R. Reusche         For       For        Management
1.8   Elect  Director Peter Vardy               For       For        Management
1.9   Elect  Director L. John Wilkerson, Ph.D.  For       For        Management
2     Approve Stock Option Plan                 For       For        Management
3     Ratify Auditors                           For       For        Management
4     Report on Waste Incineration              Against   Against    Shareholder


--------------------------------------------------------------------------------

STRAYER EDUCATION, INC.

Ticker:       STRA           Security ID:  863236105
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert S. Silberman       For       For        Management
1.2   Elect  Director Dr. Charlotte F. Beason   For       For        Management
1.3   Elect  Director William E. Brock          For       For        Management
1.4   Elect  Director David A. Coulter          For       For        Management
1.5   Elect  Director Gary Gensler              For       For        Management
1.6   Elect  Director Robert R. Grusky          For       For        Management
1.7   Elect  Director Robert L. Johnson         For       For        Management
1.8   Elect  Director Steven B. Klinsky         For       For        Management
1.9   Elect  Director Todd A. Milano            For       For        Management
1.10  Elect  Director G. Thomas Waite, III      For       For        Management
1.11  Elect  Director J. David Wargo            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

SYBRON DENTAL SPECIALTIES, INC.

Ticker:       SYD            Security ID:  871142105
Meeting Date: FEB 8, 2005    Meeting Type: Annual
Record Date:  DEC 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dennis Brown              For       Withhold   Management
1.2   Elect  Director Kenneth F. Yontz          For       Withhold   Management
2     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
3     Approve Stock Option Plan                 For       For        Management


--------------------------------------------------------------------------------

TARO PHARMACEUTICALS INDUSTRIES

Ticker:                      Security ID:  M8737E108
Meeting Date: AUG 5, 2004    Meeting Type: Annual
Record Date:  JUN 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Heather Douglas           For       Did Not    Management
                                                          Vote
1.2   Elect  Director Michael Friedman          For       Did Not    Management
                                                          Vote
1.3   Elect  Director Eric Johnston             For       Did Not    Management
                                                          Vote
1.4   Elect  Director Gad Keren                 For       Did Not    Management
                                                          Vote
1.5   Elect  Director Barrie Levitt             For       Did Not    Management
                                                          Vote
1.6   Elect  Director Tal Levitt                For       Did Not    Management
                                                          Vote
1.7   Elect  Director Daniel Moros              For       Did Not    Management
                                                          Vote
1.8   Elect  Director Myron Strober             For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote
3     APPROVE THE AUDITORS  REPORT AND          For       Did Not    Management
      CONSOLIDATED FINANCIAL STATEMENTS OF THE            Vote
      COMPANY FOR THE YEAR ENDED DECEMBER 31,
      2003.
4     APPROVE AN AMENDMENT TO THE COMPANY S     For       Did Not    Management
      1999 STOCK INCENTIVE PLAN AUTHORIZING THE           Vote
      GRANT OF STOCK OPTIONS TO THE COMPANY S
      INDEPENDENT DIRECTORS.
5     APPROVE THE GRANT OF STOCK OPTIONS TO THE For       Did Not    Management
      COMPANY S INDEPENDENT DIRECTORS.                    Vote


--------------------------------------------------------------------------------

TECHNE CORP.

Ticker:       TECH           Security ID:  878377100
Meeting Date: OCT 21, 2004   Meeting Type: Annual
Record Date:  SEP 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors                   For       For        Management
2.1   Elect  Director Thomas E. Oland           For       For        Management
2.2   Elect  Director Roger C. Lucas, Ph.D      For       For        Management
2.3   Elect  Director Howard V. O'Connell       For       For        Management
2.4   Elect  Director G. Arthur Herbert         For       For        Management
2.5   Elect  Director Randolph C Steer M.D.     For       For        Management
      Ph.D
2.6   Elect  Director Robert V. Baumgartner     For       For        Management


--------------------------------------------------------------------------------

TESSERA TECHNOLOGIES, INC.

Ticker:       TSRA           Security ID:  88164L100
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert J. Boehlke         For       For        Management
1.2   Elect  Director E. Borje Ekholm           For       For        Management
1.3   Elect  Director John B. Goodrich          For       For        Management
1.4   Elect  Director Al S. Joseph, Ph.D.       For       For        Management
1.5   Elect  Director Bruce M. McWilliams,      For       For        Management
      Ph.D.
1.6   Elect  Director David C. Nagel, Ph.D.     For       For        Management
1.7   Elect  Director Henry R. Nothhaft         For       For        Management
1.8   Elect  Director Robert A. Young, Ph.D.    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       Against    Management


--------------------------------------------------------------------------------

TRACTOR SUPPLY CO.

Ticker:       TSCO           Security ID:  892356106
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Declassify the Board of Directors         For       For        Management
2     Amend Articles to Remove Directors        For       For        Management
      Without Cause
3.1   Elect  Director James F. Wright           For       For        Management
3.2   Elect  Director Gerard E. Jones           For       For        Management
3.3   Elect  Director Edna K. Morris            For       For        Management
3.4   Elect  Director Joseph D. Maxwell         For       For        Management
3.5   Elect  Director Joseph M. Rodgers         For       For        Management
3.6   Elect  Director Sam K. Reed               For       For        Management
3.7   Elect  Director Joseph H. Scarlett, Jr    For       For        Management
3.8   Elect  Director S.P. Braud                For       For        Management
3.9   Elect  Director Cynthia T. Jamison        For       For        Management
3.10  Elect  Director Joseph D. Maxwell         For       For        Management
3.11  Elect  Director Joseph M. Rodgers         For       For        Management
3.12  Elect  Director Sam K. Reed               For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

TRANSACT TECHNOLOGIES, INC.

Ticker:       TACT           Security ID:  892918103
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas R. Schwarz         For       Withhold   Management
1.2   Elect  Director Bart C. Shuldman          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

TUESDAY MORNING CORP.

Ticker:       TUES           Security ID:  899035505
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Benjamin D. Chereskin     For       For        Management
1.2   Elect  Director Kathleen Mason            For       Withhold   Management
1.3   Elect  Director W.J. Hunckler, III        For       For        Management
1.4   Elect  Director Robin P. Selati           For       For        Management
1.5   Elect  Director Henry F. Frigon           For       For        Management
1.6   Elect  Director Giles H. Bateman          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

UCBH HOLDINGS, INC.

Ticker:       UCBH           Security ID:  90262T308
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Li-Lin Ko                 For       For        Management
1.2   Elect  Director Richard Li-Chung Wang     For       For        Management
1.3   Elect  Director Dennis Wu                 For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

UCBH HOLDINGS, INC.

Ticker:       UCBH           Security ID:  90262T308
Meeting Date: SEP 24, 2004   Meeting Type: Special
Record Date:  AUG 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Stock Option Plan                   For       For        Management


--------------------------------------------------------------------------------

UNIVERSAL TECHNICAL INSTITUTE, INC.

Ticker:       UTI            Security ID:  913915104
Meeting Date: FEB 16, 2005   Meeting Type: Annual
Record Date:  DEC 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Conrad A. Conrad          For       For        Management
1.2   Elect  Director Kevin P. Knight           For       For        Management
1.3   Elect  Director Kimberly J. McWaters      For       For        Management
1.4   Elect  Director Linda J. Srere            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

VALUECLICK, INC.

Ticker:       VCLK           Security ID:  92046N102
Meeting Date: JUN 6, 2005    Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James R. Zarley            For       For        Management
1.2   Elect Director David S. Buzby             For       For        Management
1.3   Elect Director Martin T. Hart             For       For        Management
1.4   Elect Director Tom A. Vadnais             For       Withhold   Management
1.5   Elect Director Jeffrey F. Rayport         For       For        Management


--------------------------------------------------------------------------------

VCA ANTECH INC

Ticker:       WOOF           Security ID:  918194101
Meeting Date: JUL 12, 2004   Meeting Type: Annual
Record Date:  MAY 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert L. Antin           For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

VCA ANTECH INC

Ticker:       WOOF           Security ID:  918194101
Meeting Date: JUN 6, 2005    Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John B. Chickering, Jr.   For       For        Management
1.2   Elect  Director John Heil                 For       Withhold   Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

VERINT SYSTEMS, INC.

Ticker:       VRNT           Security ID:  92343X100
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:  JUN 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kobi Alexander            For       Withhold   Management
1.2   Elect  Director Paul Baker                For       Withhold   Management
1.3   Elect  Director Dan Bodner                For       Withhold   Management
1.4   Elect  Director Victor De Marines         For       For        Management
1.5   Elect  Director David Kreinberg           For       Withhold   Management
1.6   Elect  Director David Ledwell             For       Withhold   Management
1.7   Elect  Director Kenneth Minihan           For       For        Management
1.8   Elect  Director Larry Myers               For       For        Management
1.9   Elect  Director Igal Nissim               For       Withhold   Management
1.10  Elect  Director Harris Oliner             For       Withhold   Management
1.11  Elect  Director Paul Robinson             For       Withhold   Management
1.12  Elect  Director Howard Safir              For       For        Management
1.13  Elect  Director William Sorin             For       Withhold   Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

VERINT SYSTEMS, INC.

Ticker:       VRNT           Security ID:  92343X100
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  APR 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kobi Alexander            For       Withhold   Management
1.2   Elect  Director Avi T. Aronovitz          For       Withhold   Management
1.3   Elect  Director Paul D. Baker             For       Withhold   Management
1.4   Elect  Director Dan Bodner                For       Withhold   Management
1.5   Elect  Director Victor A. DeMarines       For       For        Management
1.6   Elect  Director David Kreinberg           For       Withhold   Management
1.7   Elect  Director David T. Ledwell          For       Withhold   Management
1.8   Elect  Director Kenneth A. Minihan        For       For        Management
1.9   Elect  Director Larry Myers               For       For        Management
1.10  Elect  Director Igal Nissim               For       Withhold   Management
1.11  Elect  Director Paul L. Robinson          For       Withhold   Management
1.12  Elect  Director Howard Safir              For       For        Management
1.13  Elect  Director William F. Sorin          For       Withhold   Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WASHINGTON GROUP INTERNATIONAL INC

Ticker:       WGII           Security ID:  938862208
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David H. Batchelder       For       For        Management
1.2   Elect  Director Michael R. D'Appolonia    For       For        Management
1.3   Elect  Director C. Scott Greer            For       For        Management
1.4   Elect  Director Stephen G. Hanks          For       For        Management
1.5   Elect  Director William H. Mallender      For       For        Management
1.6   Elect  Director Michael P. Monaco         For       For        Management
1.7   Elect  Director Cordell Reed              For       For        Management
1.8   Elect  Director Dennis R. Washington      For       For        Management
1.9   Elect  Director Dennis K. Williams        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WEBSENSE, INC.

Ticker:       WBSN           Security ID:  947684106
Meeting Date: JUN 7, 2005    Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mark S. St.Clare          For       For        Management
1.2   Elect  Director Peter C. Waller           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WINNEBAGO INDUSTRIES, INC.

Ticker:       WGO            Security ID:  974637100
Meeting Date: JAN 11, 2005   Meeting Type: Annual
Record Date:  NOV 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jerry N. Currie           For       For        Management
1.2   Elect  Director Lawrence A. Erickson      For       For        Management
1.3   Elect  Director John E. Herlitz           For       For        Management


--------------------------------------------------------------------------------

WMS INDUSTRIES INC.

Ticker:       WMS            Security ID:  929297109
Meeting Date: DEC 9, 2004    Meeting Type: Annual
Record Date:  OCT 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Louis J. Nicastro         For       Withhold   Management
1.2   Elect  Director Brian R. Gamache          For       Withhold   Management
1.3   Elect  Director Norman J. Menell          For       Withhold   Management
1.4   Elect  Director Harold H. Bach, Jr.       For       Withhold   Management
1.5   Elect  Director William C. Bartholomay    For       Withhold   Management
1.6   Elect  Director Neil D. Nicastro          For       Withhold   Management
1.7   Elect  Director Harvey Reich              For       For        Management
1.8   Elect  Director Ira S. Sheinfeld          For       Withhold   Management
1.9   Elect  Director William J. Vareschi, Jr   For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

YANKEE CANDLE COMPANY, INC., THE

Ticker:       YCC            Security ID:  984757104
Meeting Date: JUN 2, 2005    Meeting Type: Annual
Record Date:  APR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Sandra J. Horbach         For       Withhold   Management
1.2   Elect  Director Robert J. O'Connell       For       For        Management
1.3   Elect  Director Craig W. Rydin            For       For        Management
1.4   Elect  Director Doreen A. Wright          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management




============= MORGAN STANLEY INSTITUTIONAL FUND INC. - TECHNOLOGY ==============
=============                      PORTFOLIO                      ==============


APPLIED MICRO CIRCUITS CORP.

Ticker:       AMCC           Security ID:  03822W109
Meeting Date: SEP 1, 2004    Meeting Type: Annual
Record Date:  JUL 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David M. Rickey           For       For        Management
1.2   Elect  Director Roger A. Smullen, Sr.     For       For        Management
1.3   Elect  Director Cesar Cesaratto           For       For        Management
1.4   Elect  Director Franklin P. Johnson, Jr   For       For        Management
1.5   Elect  Director L. Wayne Price            For       For        Management
1.6   Elect  Director Arthur B. Stabenow        For       For        Management
1.7   Elect  Director Harvey P. White           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BOOKHAM TECHNOLOGY

Ticker:       BKHMY          Security ID:  09856Q108
Meeting Date: AUG 16, 2004   Meeting Type: Special
Record Date:  JUL 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Arrangement             For       For        Management
2     Approve Capital Reduction; Authorise      For       For        Management
      Issuance of Equity or Equity-Linked
      Securities without Pre-emptive Rights
      Pursuant to the Issue of Bookham Shares
      to Bookham Inc. and Amend Articles of
      Association Re: Scheme
3     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 1,500,000; Increase Authorised Share
      Capital to Equal Reduction of Share
      Capital as a Result of the Cancellation
      of the Scheme Shares
4     TO APPROVE THE SCHEME OF ARRANGEMENT      For       For        Management
      DATED 8 JULY 2004


--------------------------------------------------------------------------------

COMPUTER ASSOCIATES INTERNATIONAL, INC.

Ticker:       CA             Security ID:  204912109
Meeting Date: AUG 25, 2004   Meeting Type: Annual
Record Date:  JUN 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Russell M. Artzt          For       For        Management
1.2   Elect  Director Kenneth D. Cron           For       For        Management
1.3   Elect  Director Alfonse M. D'Amato        For       For        Management
1.4   Elect  Director Gary J. Fernandes         For       For        Management
1.5   Elect  Director Robert E. La Blanc        For       For        Management
1.6   Elect  Director Jay W. Lorsch             For       For        Management
1.7   Elect  Director Lewis S. Ranieri          For       For        Management
1.8   Elect  Director Walter P. Schuetze        For       For        Management
1.9   Elect  Director Laura S. Unger            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Review Executive Compensation             Against   Against    Shareholder


--------------------------------------------------------------------------------

COVAD COMMUNICATIONS GROUP, INC

Ticker:       DVW            Security ID:  222814204
Meeting Date: JUN 9, 2005    Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles E. Hoffman        For       For        Management
1.2   Elect  Director Charles McMinn            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FLEXTRONICS INTERNATIONAL LTD.

Ticker:       FLEX           Security ID:  Y2573F102
Meeting Date: SEP 23, 2004   Meeting Type: Annual
Record Date:  AUG 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael E. Marks          For       For        Management
1.2   Elect  Director Michael J. Moritz         For       For        Management
2     RE-APPOINTMENT OF PATRICK FOLEY AS A      For       For        Management
      DIRECTOR OF THE COMPANY.
3     Ratify Auditors                           For       For        Management
4     TO APPROVE AN AMENDMENT TO THE COMPANY S  For       For        Management
      1997 EMPLOYEE SHARE PURCHASE PLAN.
5     TO APPROVE AMENDMENTS TO THE COMPANY S    For       For        Management
      2001 EQUITY INCENTIVE PLAN.
6     TO APPROVE AN AMENDMENT TO THE COMPANY S  For       For        Management
      2001 EQUITY INCENTIVE PLAN TO ALLOW FOR
      ISSUANCES OF STOCK BONUSES.
7     TO APPROVE THE CONSOLIDATION OF ORDINARY  For       For        Management
      SHARES AVAILABLE UNDER OUR ASSUMED PLANS
      INTO OUR 2001 EQUITY INCENTIVE PLAN.
8     TO APPROVE THE AUTHORIZATION FOR THE      For       For        Management
      DIRECTORS OF THE COMPANY TO ALLOT AND
      ISSUE ORDINARY SHARES.
9     TO APPROVE THE AUTHORIZATION FOR THE      For       For        Management
      COMPANY TO PROVIDE $37,200 OF ANNUAL CASH
      COMPENSATION TO EACH OF ITS NON-EMPLOYEE
      DIRECTORS.
10    TO APPROVE THE AUTHORIZATION FOR THE      For       For        Management
      COMPANY TO PROVIDE AN ADDITIONAL $10,000
      OF ANNUAL CASH COMPENSATION FOR EACH OF
      ITS NON-EMPLOYEE DIRECTORS FOR COMMITTEE
      PARTICIPATION.
11    TO APPROVE THE AUTHORIZATION OF THE       For       For        Management
      PROPOSED RENEWAL OF THE SHARE REPURCHASE
      MANDATE RELATING TO ACQUISITIONS BY THE
      COMPANY OF ITS OWN ISSUED ORDINARY
      SHARES.
12    TO APPROVE THE AUTHORIZATION OF THE       For       For        Management
      PROPOSAL APPROVAL OF A BONUS ISSUE.


--------------------------------------------------------------------------------

INTEGRATED DEVICE TECHNOLOGY, INC.

Ticker:       IDTI           Security ID:  458118106
Meeting Date: SEP 16, 2004   Meeting Type: Annual
Record Date:  JUL 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John Bolger                For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MACROMEDIA, INC.

Ticker:       MACR           Security ID:  556100105
Meeting Date: JUL 26, 2004   Meeting Type: Annual
Record Date:  JUN 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert K. Burgess         For       For        Management
1.2   Elect  Director John (Ian) Giffen         For       Withhold   Management
1.3   Elect  Director Steven Gomo               For       For        Management
1.4   Elect  Director William H. Harris, Jr.    For       For        Management
1.5   Elect  Director Donald L. Lucas           For       For        Management
1.6   Elect  Director Timothy O'Reilly          For       For        Management
1.7   Elect  Director William B. Welty          For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MAXIM INTEGRATED PRODUCTS, INC.

Ticker:       MXIM           Security ID:  57772K101
Meeting Date: SEP 17, 2004   Meeting Type: Special
Record Date:  JUL 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

NATIONAL SEMICONDUCTOR CORP.

Ticker:       NSM            Security ID:  637640103
Meeting Date: OCT 1, 2004    Meeting Type: Annual
Record Date:  AUG 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Brian L. Halla            For       For        Management
1.2   Elect  Director Steven R. Appleton        For       For        Management
1.3   Elect  Director Gary P. Arnold            For       For        Management
1.4   Elect  Director Richard J. Danzig         For       For        Management
1.5   Elect  Director Robert J. Frankenberg     For       For        Management
1.6   Elect  Director E. Floyd Kvamme           For       For        Management
1.7   Elect  Director Modesto A. Maidique       For       For        Management
1.8   Elect  Director Edward R. Mccracken       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management


--------------------------------------------------------------------------------

NETWORK APPLIANCE, INC.

Ticker:       NTAP           Security ID:  64120L104
Meeting Date: SEP 2, 2004    Meeting Type: Annual
Record Date:  JUL 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel J. Warmenhoven     For       For        Management
1.2   Elect  Director Donald T. Valentine       For       For        Management
1.3   Elect  Director Carol A. Bartz            For       For        Management
1.4   Elect  Director Mark Leslie               For       For        Management
1.5   Elect  Director Nicholas G. Moore         For       For        Management
1.6   Elect  Director Sachio Semmoto            For       For        Management
1.7   Elect  Director George T. Shaheen         For       For        Management
1.8   Elect  Director Robert T. Wall            For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

RF MICRO DEVICES, INC.

Ticker:       RFMD           Security ID:  749941100
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:  JUN 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert A. Bruggeworth     For       For        Management
1.2   Elect  Director Daniel A. Dileo           For       For        Management
1.3   Elect  Director Dr. F. J. Leonberger      For       For        Management
1.4   Elect  Director David A. Norbury          For       For        Management
1.5   Elect  Director Dr. Albert E. Paladino    For       For        Management
1.6   Elect  Director William J. Pratt          For       For        Management
1.7   Elect  Director Erik H. Van Der Kaay      For       For        Management
1.8   Elect  Director Walter H. Wilkinson Jr.   For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SYMANTEC CORP.

Ticker:       SYMC           Security ID:  871503108
Meeting Date: SEP 15, 2004   Meeting Type: Annual
Record Date:  JUL 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Tania Amochaev            For       For        Management
1.2   Elect  Director William T. Coleman        For       For        Management
1.3   Elect  Director Franciscus Lion           For       For        Management
1.4   Elect  Director David Mahoney             For       For        Management
1.5   Elect  Director Robert S. Miller          For       For        Management
1.6   Elect  Director George Reyes              For       For        Management
1.7   Elect  Director Daniel H. Schulman        For       For        Management
1.8   Elect  Director John W. Thompson          For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Outside Director Stock in Lieu of   For       For        Management
      Cash Plan
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

VERINT SYSTEMS, INC.

Ticker:       VRNT           Security ID:  92343X100
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:  JUN 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kobi Alexander            For       Withhold   Management
1.2   Elect  Director Paul Baker                For       Withhold   Management
1.3   Elect  Director Dan Bodner                For       Withhold   Management
1.4   Elect  Director Victor De Marines         For       For        Management
1.5   Elect  Director David Kreinberg           For       Withhold   Management
1.6   Elect  Director David Ledwell             For       Withhold   Management
1.7   Elect  Director Kenneth Minihan           For       For        Management
1.8   Elect  Director Larry Myers               For       For        Management
1.9   Elect  Director Igal Nissim               For       Withhold   Management
1.10  Elect  Director Harris Oliner             For       Withhold   Management
1.11  Elect  Director Paul Robinson             For       Withhold   Management
1.12  Elect  Director Howard Safir              For       For        Management
1.13  Elect  Director William Sorin             For       Withhold   Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

VERITAS SOFTWARE CORP.

Ticker:       VRTS           Security ID:  923436109
Meeting Date: AUG 25, 2004   Meeting Type: Annual
Record Date:  JUN 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael Brown             For       For        Management
1.2   Elect  Director Kurt J. Lauk              For       For        Management
1.3   Elect  Director Fred van den Bosch        For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

XILINX, INC.

Ticker:       XLNX           Security ID:  983919101
Meeting Date: AUG 5, 2004    Meeting Type: Annual
Record Date:  JUN 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Willem P. Roelandts       For       For        Management
1.2   Elect  Director John L. Doyle             For       For        Management
1.3   Elect  Director Jerald G. Fishman         For       For        Management
1.4   Elect  Director Philip T. Gianos          For       For        Management
1.5   Elect  Director Harold E. Hughes, Jr.     For       For        Management
1.6   Elect  Director William G. Howard, Jr.    For       For        Management
1.7   Elect  Director Richard W. Sevcik         For       For        Management
1.8   Elect  Director Elizabeth Vanderslice     For       For        Management
2     Ratify Auditors                           For       For        Management




========== MORGAN STANLEY INSTITUTIONAL FUND INC. - U.S. REAL ESTATE ===========
==========                         PORTFOLIO                         ===========


ACADIA REALTY TRUST

Ticker:       AKR            Security ID:  004239109
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kenneth F. Bernstein      For       For        Management
1.2   Elect  Director Douglas Crocker Ii        For       For        Management
1.3   Elect  Director Alan S. Forman            For       For        Management
1.4   Elect  Director Suzanne M. Hopgood        For       For        Management
1.5   Elect  Director Lorrence T. Kellar        For       For        Management
1.6   Elect  Director Wendy Luscombe            For       For        Management
1.7   Elect  Director Lee S. Wielansky          For       Withhold   Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

AMB PROPERTY CORP.

Ticker:       AMB            Security ID:  00163T109
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Hamid R. Moghadam         For       For        Management
1.2   Elect  Director W. Blake Baird            For       For        Management
1.3   Elect  Director T. Robert Burke           For       For        Management
1.4   Elect  Director David A. Cole             For       For        Management
1.5   Elect  Director Lydia H. Kennard          For       For        Management
1.6   Elect  Director J. Michael Losh           For       For        Management
1.7   Elect  Director Frederick W. Reid         For       For        Management
1.8   Elect  Director Jeffrey L. Skelton        For       For        Management
1.9   Elect  Director Thomas W. Tusher          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

AMERICAN CAMPUS COMMUNITIES, INC.

Ticker:       ACC            Security ID:  024835100
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William C. Bayless Jr.    For       For        Management
1.2   Elect  Director R.D. Burck                For       For        Management
1.3   Elect  Director G. Steven Dawson          For       For        Management
1.4   Elect  Director Cydney Donnell            For       For        Management
1.5   Elect  Director Edward Lowenthal          For       For        Management
1.6   Elect  Director Brian B. Nickel           For       For        Management
1.7   Elect  Director Scott H. Rechler          For       For        Management
1.8   Elect  Director Winston W. Walker         For       For        Management


--------------------------------------------------------------------------------

AMLI RESIDENTIAL PROPERTIES TRUST

Ticker:       AML            Security ID:  001735109
Meeting Date: APR 25, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bruce P. Bickner          For       For        Management
1.2   Elect  Director Laura D. Gates            For       For        Management
1.3   Elect  Director Marc S. Heilweil          For       For        Management
1.4   Elect  Director Gregory T. Mutz           For       For        Management
2     Declassify the Board of Directors         For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

APARTMENT INVESTMENT & MANAGEMENT CO.

Ticker:       AIV            Security ID:  03748R101
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Terry Considine            For       For        Management
1.2   Elect Director James N. Bailey            For       For        Management
1.3   Elect Director Richard S. Ellwood         For       For        Management
1.4   Elect Director J. Landis Martin           For       For        Management
1.5   Elect Director Thomas L. Rhodes           For       For        Management
1.6   Elect Director Michael A. Stein           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approval of the Sale of High Performance  For       For        Management
      Units


--------------------------------------------------------------------------------

ARCHSTONE SMITH TRUST

Ticker:       ASN            Security ID:  039583109
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  MAR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Trustee James A. Cardwell          For       For        Management
1.2   Elect  Trustee Robert P. Kogod            For       For        Management
1.3   Elect  Trustee Director James H. Polk,    For       For        Management
      III
2     Declassify the Board of Trustees          For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ARDEN REALTY, INC.

Ticker:       ARI            Security ID:  039793104
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard S. Ziman          For       For        Management
1.2   Elect  Director Victor J. Coleman         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Submit Severance Agreement                Against   Against    Shareholder
      (Change-in-Control) to Shareholder Vote


--------------------------------------------------------------------------------

AVALONBAY COMMUNITIES, INC.

Ticker:       AVB            Security ID:  053484101
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bryce Blair               For       For        Management
1.2   Elect  Director Bruce A. Choate           For       For        Management
1.3   Elect  Director John J. Healy, Jr.        For       For        Management
1.4   Elect  Director Gilbert M. Meyer          For       For        Management
1.5   Elect  Director Charles D. Peebler, Jr.   For       For        Management
1.6   Elect  Director Lance R. Primis           For       For        Management
1.7   Elect  Director Allan D. Schuster         For       For        Management
1.8   Elect  Director Amy P. Williams           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BEACON CAPITAL PARTNERS, INC.

Ticker:                      Security ID:  073561300
Meeting Date: JUN 15, 2005   Meeting Type: Annual
Record Date:  APR 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan M. Leventhal         For       For        Management
1.2   Elect  Director Robert M. Melzer          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BOSTON PROPERTIES INC.

Ticker:       BXP            Security ID:  101121101
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lawrence S. Bacow         For       For        Management
1.2   Elect  Director Zoe Baird                 For       For        Management
1.3   Elect  Director Alan J. Patricof          For       For        Management
1.4   Elect  Director Martin Turchin            For       For        Management
2     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

BRANDYWINE REALTY TRUST

Ticker:       BDN            Security ID:  105368203
Meeting Date: MAY 2, 2005    Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Trustee Walter D'Alessio           For       For        Management
1.2   Elect  Trustee D. Pike Aloian             For       For        Management
1.3   Elect  Trustee Donald E. Axinn            For       For        Management
1.4   Elect  Trustee Wyche Fowler               For       For        Management
1.5   Elect  Trustee Michael J. Joyce           For       For        Management
1.6   Elect  Trustee Anthony A. Nichols Sr.     For       For        Management
1.7   Elect  Trustee Charles P. Pizzi           For       For        Management
1.8   Elect  Trustee Gerard H. Sweeney          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

BRE PROPERTIES, INC.

Ticker:       BRE            Security ID:  05564E106
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert A. Fiddaman        For       For        Management
1.2   Elect  Director L. Michael Foley          For       For        Management
1.3   Elect  Director Roger P. Kuppinger        For       For        Management
1.4   Elect  Director Matthew T. Medeiros       For       For        Management
1.5   Elect  Director Constance B. Moore        For       For        Management
1.6   Elect  Director Jeanne R. Myerson         For       For        Management
1.7   Elect  Director Gregory M. Simon          For       For        Management
2     Increase Authorized Preferred Stock       For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BROOKFIELD PROPERTIES CORP.

Ticker:       BPO.           Security ID:  112900105
Meeting Date: APR 27, 2005   Meeting Type: Annual/Special
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors at Thirteen (13)  For       For        Management
2.1   Elect  Director Gordon E. Arnell          For       For        Management
2.2   Elect  Director William T. Cahill         For       For        Management
2.3   Elect  Director Richard B. Clark          For       For        Management
2.4   Elect  Director Jack L. Cockwell          For       Withhold   Management
2.5   Elect  Director J. Bruce Flatt            For       For        Management
2.6   Elect  Director Roderick D. Fraser        For       For        Management
2.7   Elect  Director Lance Liebman             For       For        Management
2.8   Elect  Director Paul D. Mcfarlane         For       For        Management
2.9   Elect  Director Allan S. Olson            For       For        Management
2.10  Elect  Director Sam Pollock               For       For        Management
2.11  Elect  Director Robert L. Stelzl          For       For        Management
2.12  Elect  Director William C. Wheaton        For       For        Management
2.13  Elect  Director John E. Zuccotti          For       For        Management
3     Adopt New By-Laws                         For       For        Management
4     Approve Deloitte & Touche LLP as Auditors For       For        Management
      and Authorize Board to Fix Remuneration
      of Auditors


--------------------------------------------------------------------------------

CAPITAL AUTOMOTIVE REIT

Ticker:       CARS           Security ID:  139733109
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Turstee Thomas D. Eckert           For       For        Management
1.2   Elect  Turstee Craig L. Fuller            For       For        Management
1.3   Elect  Turstee Paul M. Higbee             For       For        Management
1.4   Elect  Turstee William E. Hoglund         For       For        Management
1.5   Elect  Turstee David B. Kay               For       For        Management
1.6   Elect  Turstee R. Michael McCullough      For       For        Management
1.7   Elect  Turstee John J. Pohanka            For       For        Management
1.8   Elect  Turstee Robert M. Rosenthal        For       For        Management
1.9   Elect  Turstee Vincent A. Sheehy          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CATELLUS DEVELOPMENT CORP.

Ticker:       CDX            Security ID:  149113102
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter Barker              For       For        Management
1.2   Elect  Director Stephen F. Bollenbach     For       For        Management
1.3   Elect  Director Daryl J. Carter           For       For        Management
1.4   Elect  Director Richard D. Farman         For       For        Management
1.5   Elect  Director Christine Garvey          For       For        Management
1.6   Elect  Director William M. Kahane         For       For        Management
1.7   Elect  Director Leslie D. Michelson       For       For        Management
1.8   Elect  Director Deanna W. Oppenheimer     For       For        Management
1.9   Elect  Director Nelson C. Rising          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Shareholder Rights Plan (Poison     For       For        Management
      Pill)


--------------------------------------------------------------------------------

CHELSEA PROPERTY GROUP, INC.

Ticker:       CPG            Security ID:  163421100
Meeting Date: OCT 13, 2004   Meeting Type: Special
Record Date:  AUG 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

CORRECTIONAL PROPERTIES TRUST

Ticker:       CPV            Security ID:  22025E104
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert R. Veach, Jr.      For       For        Management
1.2   Elect  Director Richard R. Wackenhut      For       For        Management
1.3   Elect  Director Kevin J. Foley            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DEVELOPERS DIVERSIFIED REALTY CORP.

Ticker:       DDR            Security ID:  251591103
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors                   For       For        Management
2.1   Elect  Directors Dean S. Adler            For       For        Management
2.2   Elect  Directors Craig Macnab             For       For        Management
2.3   Elect  Directors Terrance R. Ahern        For       For        Management
2.4   Elect  Directors Scott D. Roulston        For       For        Management
2.5   Elect  Directors Mohsen Anvari            For       For        Management
2.6   Elect  Directors Barry A. Sholem          For       For        Management
2.7   Elect  Directors Robert H. Gidel          For       For        Management
2.8   Elect  Directors William B. Summers, Jr.  For       For        Management
2.9   Elect  Directors Victor B. MacFarlane     For       For        Management
2.10  Elect  Directors Scott A. Wolstein        For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

EQUITY LIFESTYLE PROPERTIES INC

Ticker:       ELS            Security ID:  29472R108
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Donald S. Chisholm        For       For        Management
1.2   Elect  Director Thomas E. Dobrowski       For       For        Management
1.3   Elect  Director Thomas P. Heneghan        For       For        Management
1.4   Elect  Director Joe B. McAdams            For       For        Management
1.5   Elect  Director Sheli Z. Rosenberg        For       For        Management
1.6   Elect  Director Howard Walker             For       For        Management
1.7   Elect  Director Gary L. Waterman          For       For        Management
1.8   Elect  Director Samuel Zell               For       For        Management


--------------------------------------------------------------------------------

EQUITY OFFICE PROPERTIES TRUST

Ticker:       EOP            Security ID:  294741103
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  MAR 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Marilyn A. Alexander      For       For        Management
1.2   Elect  Director Thomas E. Dobrowski       For       For        Management
1.3   Elect  Director William M. Goodyear       For       For        Management
1.4   Elect  Director James D. Harper, Jr.      For       For        Management
1.5   Elect  Director Richard D. Kincaid        For       For        Management
1.6   Elect  Director David K. McKown           For       For        Management
1.7   Elect  Director Sheli Z. Rosenberg        For       For        Management
1.8   Elect  Director Stephen I. Sadove         For       For        Management
1.9   Elect  Director Sally Susman              For       For        Management
1.10  Elect  Director Jan H.W.R. van der Vlist  For       For        Management
1.11  Elect  Director Samuel Zell               For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

EQUITY RESIDENTIAL

Ticker:       EQR            Security ID:  29476L107
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John W. Alexander          For       For        Management
1.2   Elect Director Charles L. Atwood          For       For        Management
1.3   Elect Director Bruce W. Duncan            For       For        Management
1.4   Elect Director Stephen O. Evans           For       For        Management
1.5   Elect Director James D. Harper, Jr.       For       For        Management
1.6   Elect Director Boone A. Knox              For       For        Management
1.7   Elect Director Desiree G. Rogers          For       For        Management
1.8   Elect Director Sheli Z. Rosenberg         For       For        Management
1.9   Elect Director Gerald A. Spector          For       For        Management
1.10  Elect Director Joseph White               For       For        Management
1.11  Elect Director Samuel Zell                For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ESSEX PROPERTY TRUST, INC.

Ticker:       ESS            Security ID:  297178105
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David W. Brady            For       For        Management
1.2   Elect  Director Robert E. Larson          For       For        Management
1.3   Elect  Director Michael J. Schall         For       For        Management
1.4   Elect  Director Willard M. Smith, Jr.     For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FEDERAL REALTY INVESTMENT TRUST

Ticker:       FRT            Security ID:  313747206
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mark S. Ordan             For       For        Management
1.2   Elect  Director Donald C. Wood            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

FOREST CITY ENTERPRISES, INC.

Ticker:       FCE.A          Security ID:  345550107
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael P. Esposito, Jr.  For       For        Management
1.2   Elect  Director Joan K. Shafran           For       Withhold   Management
1.3   Elect  Director Louis Stokes              For       For        Management
1.4   Elect  Director Stan Ross                 For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GABLES RESIDENTIAL TRUST

Ticker:       GBP            Security ID:  362418105
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Trustee David D. Fitch             For       For        Management
1.2   Elect  Trustee John W. McIntyre           For       For        Management
1.3   Elect  Trustee Chris D. Wheeler           For       For        Management


--------------------------------------------------------------------------------

GENERAL GROWTH PROPERTIES, INC.

Ticker:       GGP            Security ID:  370021107
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Matthew Bucksbaum         For       For        Management
1.2   Elect  Director Bernard Freibaum          For       For        Management
1.3   Elect  Director Beth Stewart              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

HEALTH CARE PROPERTY INVESTORS, INC.

Ticker:       HCP            Security ID:  421915109
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mary A. Cirillo           For       For        Management
1.2   Elect  Director Robert R. Fanning, Jr.    For       For        Management
1.3   Elect  Director James F. Flaherty III     For       For        Management
1.4   Elect  Director David B. Henry            For       For        Management
1.5   Elect  Director Michael D. McKee          For       Withhold   Management
1.6   Elect  Director Harold M. Messmer, Jr.    For       Withhold   Management
1.7   Elect  Director Peter L. Rhein            For       For        Management
1.8   Elect  Director Kenneth B. Roath          For       For        Management
1.9   Elect  Director Richard M. Rosenberg      For       For        Management
1.10  Elect  Director Joseph P. Sullivan        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Greenhouse Gas Emissions        Against   Against    Shareholder


--------------------------------------------------------------------------------

HERITAGE PROPERTY INVESTMENT TRUST INC

Ticker:       HTG            Security ID:  42725M107
Meeting Date: MAY 6, 2005    Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bernard Cammarata         For       For        Management
1.2   Elect  Director Michael J. Joyce          For       For        Management
1.3   Elect  Director Thomas C. Prendergast     For       For        Management


--------------------------------------------------------------------------------

HILTON HOTELS CORP.

Ticker:       HLT            Security ID:  432848109
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stephen F. Bollenbach      For       For        Management
1.2   Elect Director Barbara Bell Coleman       For       For        Management
1.3   Elect Director Benjamin V. Lambert        For       For        Management
1.4   Elect Director John L. Notter             For       For        Management
1.5   Elect Director Peter V. Ueberroth         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement                Against   Against    Shareholder
      (Change-in-Control) to Shareholder Vote
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

HOST MARRIOTT CORP.

Ticker:       HMT            Security ID:  44107P104
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 30, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert M. Baylis          For       For        Management
1.2   Elect  Director Terence C. Golden         For       Withhold   Management
1.3   Elect  Director Ann McLaughlin Korologos  For       For        Management
1.4   Elect  Director Richard E. Marriott       For       For        Management
1.5   Elect  Director Judith A. McHale          For       For        Management
1.6   Elect  Director John B. Morse, Jr.        For       For        Management
1.7   Elect  Director Christopher J. Nassetta   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

INNKEEPERS USA TRUST

Ticker:       KPA            Security ID:  4576J0104
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director C. Gerald Goldsmith       For       For        Management
1.2   Elect  Director Miles Berger              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

INTERSATE HOTELS & RESORTS, INC.

Ticker:       IHR            Security ID:  46088S106
Meeting Date: JUN 1, 2005    Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Paul W. Whetsell          For       For        Management
1.2   Elect  Director Thomas F. Hewitt          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

KILROY REALTY CORP.

Ticker:       KRC            Security ID:  49427F108
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John B. Kilroy, Sr.       For       Withhold   Management
1.2   Elect  Director Edward F. Brennan, Ph.D.  For       Withhold   Management
1.3   Elect  Director Matthew J. Hart           For       Withhold   Management


--------------------------------------------------------------------------------

KIMCO REALTY CORP.

Ticker:       KIM            Security ID:  49446R109
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Martin S. Kimmel          For       Withhold   Management
1.2   Elect  Director Milton Cooper             For       Withhold   Management
1.3   Elect  Director Richard G. Dooley         For       Withhold   Management
1.4   Elect  Director Michael J. Flynn          For       Withhold   Management
1.5   Elect  Director Joe Grills                For       For        Management
1.6   Elect  Director David B. Henry            For       Withhold   Management
1.7   Elect  Director F. Patrick Hughes         For       For        Management
1.8   Elect  Director Frank Lourenso            For       Withhold   Management
1.9   Elect  Director Richard Saltzman          For       For        Management
2     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

LODGIAN, INC.

Ticker:       LGN            Security ID:  54021P403
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Sean F. Armstrong         For       For        Management
1.2   Elect  Director Russel S. Bernard         For       For        Management
1.3   Elect  Director Stewart J. Brown          For       For        Management
1.4   Elect  Director Kenneth A. Caplan         For       For        Management
1.5   Elect  Director Stephen P. Grathwohl      For       For        Management
1.6   Elect  Director Dr. Sheryl E. Kimes       For       For        Management
1.7   Elect  Director Kevin C. Mctavish         For       For        Management
1.8   Elect  Director W. Thomas Parrington      For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LTC PROPERTIES, INC.

Ticker:       LTC            Security ID:  502175102
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Andre C. Dimitriadis      For       For        Management
1.2   Elect  Director Boyd W. Hendrickson       For       For        Management
1.3   Elect  Director Edmund C. King            For       For        Management
1.4   Elect  Director Wendy L. Simpson          For       For        Management
1.5   Elect  Director Timothy J. Triche, M.D.   For       For        Management
1.6   Elect  Director Sam Yellen                For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MACERICH CO., THE

Ticker:       MAC            Security ID:  554382101
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dana K. Anderson          For       For        Management
1.2   Elect  Director Diana M. Laing            For       For        Management
1.3   Elect  Director Stanley A. Moore          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MACK-CALI REALTY CORP.

Ticker:       CLI            Security ID:  554489104
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nathan Gantcher           For       For        Management
1.2   Elect  Director David S. Mack             For       For        Management
1.3   Elect  Director William L. Mack           For       For        Management
1.4   Elect  Director Alan G. Philibosian       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

MERISTAR HOSPITALITY CORPORATION

Ticker:       MHX            Security ID:  58984Y103
Meeting Date: DEC 8, 2004    Meeting Type: Special
Record Date:  AUG 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

MERISTAR HOSPITALITY CORPORATION

Ticker:       MHX            Security ID:  58984Y103
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  APR 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bruce G. Wiles            For       For        Management
1.2   Elect  Director James F. Dannhauser       For       For        Management
1.3   Elect  Director Paul J. Klaassen          For       For        Management
2     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

OMEGA HEALTHCARE INVESTORS, INC.

Ticker:       OHI            Security ID:  681936100
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Harold J. Kloosterman     For       For        Management
1.2   Elect  Director C. Taylor Pickett         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PAN PACIFIC RETAIL PROPERTIES, INC.

Ticker:       PNP            Security ID:  69806L104
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  FEB 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bernard M. Feldman        For       For        Management
1.2   Elect  Director Mark J. Riedy             For       For        Management
2     Amend Articles of Incorporation           Against   Against    Shareholder


--------------------------------------------------------------------------------

POST PROPERTIES, INC.

Ticker:       PPS            Security ID:  737464107
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert C. Goddard, III    For       For        Management
1.2   Elect  Director David P. Stockert         For       For        Management
1.3   Elect  Director Herschel M. Bloom         For       For        Management
1.4   Elect  Director Douglas Crocker II        For       For        Management
1.5   Elect  Director Walter M. Deriso, Jr.     For       For        Management
1.6   Elect  Director Russell R. French         For       For        Management
1.7   Elect  Director Nicholas B. Paumgarten    For       For        Management
1.8   Elect  Director Charles E. Rice           For       For        Management
1.9   Elect  Director Ronald de Waal            For       For        Management
2     Approve Nonqualified Employee Stock       For       For        Management
      Purchase Plan


--------------------------------------------------------------------------------

PRENTISS PROPERTIES TRUST

Ticker:       PP             Security ID:  740706106
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael V. Prentiss       For       For        Management
1.2   Elect  Director Thomas J. Hynes, Jr.      For       For        Management
1.3   Elect  Director Barry J.C. Parker         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

PRICE LEGACY CORP.

Ticker:       XLG            Security ID:  74144P502
Meeting Date: DEC 20, 2004   Meeting Type: Annual
Record Date:  NOV 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jack McGrory              For       For        Management
1.2   Elect  Director Giles H. Bateman          For       For        Management
1.3   Elect  Director Murray Galinson           For       For        Management
1.4   Elect  Director Charles L. Goldberg       For       For        Management
1.5   Elect  Director Robert N. Goodman         For       For        Management
1.6   Elect  Director Jacklyn Horton            For       For        Management
1.7   Elect  Director Keene Wolcott             For       For        Management
2     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

PROLOGIS

Ticker:       PLD            Security ID:  743410102
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Trustee K. Dane Brooksher          For       For        Management
1.2   Elect  Trustee Walter C. Rakowich         For       For        Management
1.3   Elect  Trustee Jeffrey H. Schwartz        For       For        Management
1.4   Elect  Trustee Kenneth N. Stensby         For       For        Management
2     Declassify the Board of Trustees          For       For        Management
3     Ratify Auditors                           For       For        Management
4     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

PS BUSINESS PARKS, INC.

Ticker:       PSB            Security ID:  69360J107
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald L. Havner, Jr.     For       For        Management
1.2   Elect  Director Joseph D. Russell, Jr.    For       For        Management
1.3   Elect  Director Harvey Lenkin             For       For        Management
1.4   Elect  Director Vern O. Curtis            For       For        Management
1.5   Elect  Director Arthur M. Friedman        For       For        Management
1.6   Elect  Director James H. Kropp            For       For        Management
1.7   Elect  Director Alan K. Pribble           For       For        Management
1.8   Elect  Director Jack D. Steele            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PUBLIC STORAGE, INC.

Ticker:       PSA            Security ID:  74460D109
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director B. Wayne Hughes           For       For        Management
1.2   Elect  Director Ronald L. Havner, Jr.     For       For        Management
1.3   Elect  Director Harvey Lenkin             For       For        Management
1.4   Elect  Director Robert J. Abernethy       For       For        Management
1.5   Elect  Director Dann V. Angeloff          For       For        Management
1.6   Elect  Director William C. Baker          For       For        Management
1.7   Elect  Director John T. Evans             For       For        Management
1.8   Elect  Director Uri P. Harkham            For       For        Management
1.9   Elect  Director B. Wayne Hughes, Jr.      For       For        Management
1.10  Elect  Director Daniel C. Staton          For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

RECKSON ASSOCIATES REALTY CORP.

Ticker:       RA             Security ID:  75621K106
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Scott H. Rechler          For       For        Management
1.2   Elect  Director Douglas Crocker Ii        For       For        Management
1.3   Elect  Director Elizabeth Mccaul          For       For        Management
1.4   Elect  Director Ronald H. Menaker         For       For        Management
1.5   Elect  Director Peter Quick               For       For        Management
1.6   Elect  Director Lewis S. Ranieri          For       For        Management
1.7   Elect  Director John F. Ruffle            For       For        Management
1.8   Elect  Director Stanley Steinberg         For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

REGENCY CENTERS CORP.

Ticker:       REG            Security ID:  758849103
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Martin E. Stein, Jr.      For       For        Management
1.2   Elect  Director Raymond L. Bank           For       For        Management
1.3   Elect  Director C. Ronald Blankenship     For       For        Management
1.4   Elect  Director A. R. Carpenter           For       For        Management
1.5   Elect  Director J. Dix Druce, Jr.         For       For        Management
1.6   Elect  Director Mary Lou Fiala            For       For        Management
1.7   Elect  Director Bruce M. Johnson          For       For        Management
1.8   Elect  Director Douglas S. Luke           For       For        Management
1.9   Elect  Director John C. Schweitzer        For       For        Management
1.10  Elect  Director Thomas G. Wattles         For       For        Management
1.11  Elect  Director Terry N. Worrell          For       For        Management


--------------------------------------------------------------------------------

ROUSE CO., THE

Ticker:       RSE            Security ID:  779273101
Meeting Date: NOV 9, 2004    Meeting Type: Special
Record Date:  OCT 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


--------------------------------------------------------------------------------

SENIOR HOUSING PROPERTIES TRUST

Ticker:       SNH            Security ID:  81721M109
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director F.N. Zeytoonjian          For       For        Management


--------------------------------------------------------------------------------

SHURGARD STORAGE CENTERS, INC.

Ticker:       SHU            Security ID:  82567D104
Meeting Date: MAY 6, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Anna Karin Andrews        For       For        Management
1.2   Elect  Director David K. Grant            For       For        Management
1.3   Elect  Director Raymond A. Johnson        For       For        Management
1.4   Elect  Director W. Thomas Porter          For       For        Management
1.5   Elect  Director Gary E. Pruitt            For       For        Management
2     Declassify the Board of Directors         For       For        Management
3     Ratify Auditors                           For       For        Management
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

SIMON PROPERTY GROUP, INC.

Ticker:       SPG            Security ID:  828806109
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Birch Bayh                 For       For        Management
1.2   Elect Director Melvyn E. Bergstein        For       For        Management
1.3   Elect Director Linda Walker Bynoe         For       For        Management
1.4   Elect Director Karen N. Horn, Ph.D.       For       For        Management
1.5   Elect Director Reuben S. Leibowitz        For       For        Management
1.6   Elect Director J. Albert Smith, Jr.       For       For        Management
1.7   Elect Director Pieter S. Van Den Berg     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Greenhouse Gas Emissions and    Against   Against    Shareholder
      Energy Efficiency


--------------------------------------------------------------------------------

SL GREEN REALTY CORP.

Ticker:       SLG            Security ID:  78440X101
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 30, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Marc Holliday             For       For        Management
1.2   Elect  Director John S. Levy              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

SPIRIT FINANCE CORPORATON

Ticker:       SFC            Security ID:  848568309
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Morton H. Fleischer       For       For        Management
1.2   Elect  Director Christopher H. Volk       For       For        Management
1.3   Elect  Director Linda J. Blessing, Ph.D.  For       For        Management
1.4   Elect  Director Willie R. Barnes          For       For        Management
1.5   Elect  Director Dennis E. Mitchem         For       For        Management
1.6   Elect  Director Paul F. Oreffice          For       For        Management
1.7   Elect  Director Jim R. Parish             For       For        Management
1.8   Elect  Director Kenneth B. Roath          For       For        Management
1.9   Elect  Director Casey J. Sylla            For       For        Management
1.10  Elect  Director Shelby Yastrow            For       For        Management
2     Amend Articles                            For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

STARWOOD HOTELS & RESORTS WORLDWIDE, INC.

Ticker:       HOT            Security ID:  85590A203
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Charlene Barshefsky        For       For        Management
1.2   Elect Director Jean-Marc Chapus           For       For        Management
1.3   Elect Director Bruce W. Duncan            For       For        Management
1.4   Elect Director Steven J. Heyer            For       For        Management
1.5   Elect Director Eric Hippeau               For       For        Management
1.6   Elect Director Steven Quazzo              For       For        Management
1.7   Elect Director Thomas O. Ryder            For       For        Management
1.8   Elect Director Barry S. Sternlicht        For       For        Management
1.9   Elect Director Daniel W. Yih              For       For        Management
1.10  Elect Director Kneeland C. Youngblood     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Provide for Confidential Voting           Against   Against    Shareholder
5     Expense Stock Options                     Against   For        Shareholder


--------------------------------------------------------------------------------

SUNSTONE HOTEL INVESTORS, INC.

Ticker:       SHO            Security ID:  867892101
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert A. Alter           For       For        Management
1.2   Elect  Director Lewis N. Wolff            For       For        Management
1.3   Elect  Director Z. Jamie Behar            For       For        Management
1.4   Elect  Director Barbara S. Brown          For       For        Management
1.5   Elect  Director Anthony W. Dona           For       For        Management
1.6   Elect  Director Paul D. Kazilionis        For       For        Management
1.7   Elect  Director Jonathan H. Paul          For       For        Management
1.8   Elect  Director Keith P. Russell          For       For        Management
1.9   Elect  Director David M. Siegel           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

TAUBMAN CENTERS, INC.

Ticker:       TCO            Security ID:  876664103
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert S. Taubman         For       For        Management
1.2   Elect  Director Lisa A. Payne             For       For        Management
2     Approve Restricted Stock Plan             For       For        Management
3     Approve Outside Director Stock            For       For        Management
      Awards/Options in Lieu of Cash
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

TRIZEC PROPERTIES, INC.

Ticker:       TRZ            Security ID:  89687P107
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter Munk                For       For        Management
1.2   Elect  Director Timothy H. Callahan       For       For        Management
1.3   Elect  Director L. Jay Cross              For       For        Management
1.4   Elect  Director Brian Mulroney            For       For        Management
1.5   Elect  Director James J. O'Connor         For       For        Management
1.6   Elect  Director Glenn J. Rufrano          For       For        Management
1.7   Elect  Director Richard M. Thomson        For       For        Management
1.8   Elect  Director Polyvios C. Vintiadis     For       For        Management
1.9   Elect  Director Stephen R. Volk           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

VENTAS, INC.

Ticker:       VTR            Security ID:  92276F100
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Debra A. Cafaro           For       For        Management
1.2   Elect  Director Ronald G. Geary           For       For        Management
1.3   Elect  Director Douglas Crocker II        For       For        Management
1.4   Elect  Director Christopher T. Hannon     For       For        Management
1.5   Elect  Director Thomas C. Theobald        For       For        Management
1.6   Elect  Director Jay M. Gellert            For       For        Management
1.7   Elect  Director Sheli Z. Rosenberg        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Qualified Employee Stock Purchase For       For        Management
      Plan


--------------------------------------------------------------------------------

VORNADO REALTY TRUST

Ticker:       VNO            Security ID:  929042109
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Anthony Deering            For       For        Management
1.2   Elect Director Michael Lynne              For       For        Management
1.3   Elect Director Robert H. Smith            For       For        Management
1.4   Elect Director Ronald Targan              For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WYNDHAM INTERNATIONAL, INC.

Ticker:       WBR            Security ID:  983101106
Meeting Date: JUL 1, 2004    Meeting Type: Annual
Record Date:  MAY 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Karim Alibhai             For       For        Management
1.2   Elect  Director Leonard Boxer             For       For        Management
1.3   Elect  Director Adela Cepeda              For       For        Management
1.4   Elect  Director Milton Fine               For       For        Management
1.5   Elect  Director Fred J. Kleisner          For       For        Management
1.6   Elect  Director Rolf E. Ruhfus            For       For        Management
1.7   Elect  Director Lynn C. Swann             For       Withhold   Management
1.8   Elect  Director Sherwood M. Weiser        For       For        Management
1.9   Elect  Director Marc A. Beilinson         For       For        Management
1.10  Elect  Director Paul Fribourg             For       For        Management
1.11  Elect  Director Lawrence J. Ruisi         For       For        Management
2     Ratify Auditors                           For       For        Management




============ MORGAN STANLEY INSTITUTIONAL FUND INC. - VALUE EQUITY =============
============                       PORTFOLIO                       =============


ACCENTURE LTD BERMUDA

Ticker:       ACN            Security ID:  G1150G111
Meeting Date: FEB 2, 2005    Meeting Type: Annual
Record Date:  DEC 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joe W. Forehand           For       For        Management
1.2   Elect  Director Blythe J. Mcgarvie        For       For        Management
1.3   Elect  Director Sir Mark Moody-Stuart     For       For        Management
2     APPROVAL OF BYE-LAW AMENDMENTS TO         For       For        Management
      RELOCATE INTO THE BYE-LAWS EXISTING
      CONTRACTUAL RESTRICTIONS APPLICABLE TO
      CLASS A COMMON SHARES OF PARTNERS AND
      FORMER PARTNERS BENEFICIALLY OWNED BY
      THEM PRIOR TO ACCENTURE S INITIAL PUBLIC
      OFFERING.
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

AEGON NV

Ticker:       AEG            Security ID:  007924103
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE ADOPTION OF THE ANNUAL    For       For        Management
      ACCOUNTS 2004.
2     APPROVAL OF THE FINAL DIVIDEND 2004.      For       For        Management
3     APPROVAL OF THE RESOLUTION TO RELEASE THE For       For        Management
      MEMBERS OF THE EXECUTIVE BOARD FROM
      LIABILITY FOR THEIR DUTIES.
4     APPROVAL OF THE RESOLUTION TO RELEASE THE For       For        Management
      MEMBERS OF THE SUPERVISORY BOARD FROM
      LIABILITY FOR THEIR DUTIES.
5     Ratify Auditors                           For       For        Management
6     APPROVAL OF THE AMENDMENT TO THE ARTICLES For       For        Management
      OF INCORPORATION OF THE COMPANY.
7     APPROVAL OF THE AUTHORIZATION TO EXECUTE  For       For        Management
      THE AMENDMENT OF THE ARTICLES OF
      INCORPORATION OF THE COMPANY.
8     APPROVAL OF THE REMUNERATION SUPERVISORY  For       For        Management
      BOARD MEMBERS.
9     APPROVAL OF THE REAPPOINTMENT OF MR. D.J. For       For        Management
      SHEPARD TO THE EXECUTIVE BOARD.
10    APPROVAL OF THE REAPPOINTMENT OF MR.      For       For        Management
      J.B.M. STREPPEL TO THE EXECUTIVE BOARD.
11    APPROVAL OF THE APPOINTMENT OF MR. S.     For       For        Management
      LEVY TO THE SUPERVISORY BOARD.
12    APPROVAL OF THE REAPPOINTMENT OF MR. D.G. For       For        Management
      EUSTACE TO THE SUPERVISORY BOARD.
13    APPROVAL OF THE REAPPOINTMENT OF MR.      For       For        Management
      W.F.C. STEVENS TO THE SUPERVISORY BOARD.
14    APPROVAL OF THE AUTHORIZATION TO ISSUE    For       Against    Management
      SHARES OF THE COMPANY.
15    APPROVAL OF THE AUTHORIZATION TO RESTRICT For       For        Management
      OR EXCLUDE PRE-EMPTIVE RIGHTS UPON
      ISSUING SHARES OF THE COMPANY.
16    APPROVAL OF THE AUTHORIZATION TO ISSUE    For       For        Management
      SHARES OF THE COMPANY UNDER INCENTIVE
      PLANS.
17    APPROVAL OF THE AUTHORIZATION TO ACQUIRE  For       For        Management
      SHARES OF THE COMPANY.


--------------------------------------------------------------------------------

ALTRIA GROUP, INC.

Ticker:       MO             Security ID:  02209S103
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director  Elizabeth E. Bailey       For       For        Management
1.2   Elect Director Harold Brown               For       For        Management
1.3   Elect Director Mathis Cabiallavetta       For       For        Management
1.4   Elect Director Louis C. Camilleri         For       For        Management
1.5   Elect Director J. Dudley Fishburn         For       For        Management
1.6   Elect Director Robert E. R. Huntley       For       For        Management
1.7   Elect Director Thomas W. Jones            For       Withhold   Management
1.8   Elect Director George Munoz               For       For        Management
1.9   Elect Director Lucio A. Noto              For       For        Management
1.10  Elect Director John S. Reed               For       For        Management
1.11  Elect Director Carlos Slim Helu           For       For        Management
1.12  Elect Director Stephen M. Wolf            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management
5     Eliminate Animal Testing                  Against   Against    Shareholder
6     Product Warnings for Pregnant Women       Against   Against    Shareholder
7     Cease Use of Light and Ultra Light in     Against   Against    Shareholder
      Cigarette Marketing
8     Apply Fire Safety Standards for           Against   Against    Shareholder
      Cigarettes


--------------------------------------------------------------------------------

AMERICAN ELECTRIC POWER CO.

Ticker:       AEP            Security ID:  025537101
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director E.R. Brooks               For       Withhold   Management
1.2   Elect  Director Donald M. Carlton         For       For        Management
1.3   Elect  Director John P. DesBarres         For       For        Management
1.4   Elect  Director Robert W. Fri             For       For        Management
1.5   Elect  Director William R. Howell         For       For        Management
1.6   Elect  Director Lester A. Hudson, Jr.     For       For        Management
1.7   Elect  Director Michael G. Morris         For       For        Management
1.8   Elect  Director Lionel L. Nowell III      For       For        Management
1.9   Elect  Director Richard L. Sandor         For       For        Management
1.10  Elect  Director Donald G. Smith           For       For        Management
1.11  Elect  Director Kathryn D. Sullivan       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Submit Executive Retirement Plan to       Against   Against    Shareholder
      Shareholder Vote


--------------------------------------------------------------------------------

APPLIED MATERIALS, INC.

Ticker:       AMAT           Security ID:  038222105
Meeting Date: MAR 23, 2005   Meeting Type: Annual
Record Date:  JAN 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael H. Armacost        For       For        Management
1.2   Elect Director Deborah E. Coleman         For       For        Management
1.3   Elect Director Herbert M. Dwight, Jr.     For       For        Management
1.4   Elect Director Philip V. Gerdine          For       For        Management
1.5   Elect Director Paul R. Low                For       For        Management
1.6   Elect Director Dan Maydan                 For       For        Management
1.7   Elect Director Steven L. Miller           For       For        Management
1.8   Elect Director James C. Morgan            For       For        Management
1.9   Elect Director Gerhard H. Parker          For       For        Management
1.10  Elect Director Willem P. Roelandts        For       For        Management
1.11  Elect Director Michael R. Splinter        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

AUTOMATIC DATA PROCESSING, INC.

Ticker:       ADP            Security ID:  053015103
Meeting Date: NOV 9, 2004    Meeting Type: Annual
Record Date:  SEP 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gregory D. Brenneman      For       For        Management
1.2   Elect  Director Leslie A. Brun            For       For        Management
1.3   Elect  Director Gary C. Butler            For       For        Management
1.4   Elect  Director Joseph A. Califano, Jr.   For       For        Management
1.5   Elect  Director Leon G. Cooperman         For       For        Management
1.6   Elect  Director R. Glenn Hubbard          For       For        Management
1.7   Elect  Director Ann Dibble Jordan         For       For        Management
1.8   Elect  Director Harvey M. Krueger         For       For        Management
1.9   Elect  Director Frederic V. Malek         For       For        Management
1.10  Elect  Director Henry Taub                For       For        Management
1.11  Elect  Director Arthur F. Weinbach        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BANK OF AMERICA CORP.

Ticker:       BAC            Security ID:  060505104
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William Barnet, III       For       For        Management
1.2   Elect  Director Charles W. Coker          For       For        Management
1.3   Elect  Director John T. Collins           For       For        Management
1.4   Elect  Director Gary L. Countryman        For       Withhold   Management
1.5   Elect  Director Paul Fulton               For       For        Management
1.6   Elect  Director Charles K. Gifford        For       For        Management
1.7   Elect  Director W. Steven Jones           For       For        Management
1.8   Elect  Director Kenneth D. Lewis          For       For        Management
1.9   Elect  Director Walter E. Massey          For       For        Management
1.10  Elect  Director Thomas J. May             For       For        Management
1.11  Elect  Director Patricia E. Mitchell      For       For        Management
1.12  Elect  Director Edward L. Romero          For       For        Management
1.13  Elect  Director Thomas M. Ryan            For       For        Management
1.14  Elect  Director O. Temple Sloan, Jr.      For       For        Management
1.15  Elect  Director Meredith R. Spangler      For       For        Management
1.16  Elect  Director Robert L. Tillman         For       For        Management
1.17  Elect  Director Jackie M. Ward            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Political Contributions         Against   Against    Shareholder
4     Director Nominee Amendment                Against   Against    Shareholder


--------------------------------------------------------------------------------

BAUSCH & LOMB INC.

Ticker:       BOL            Security ID:  071707103
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Paul A. Friedman           For       For        Management
1.2   Elect Director Jonathan S. Linen          For       For        Management
1.3   Elect Director William H. Waltrip         For       For        Management
2     Ratify Auditors                           For       For        Management
3A    Declassify the Board of Directors         For       For        Management
3B    Reduce Supermajority Vote Requirement     For       For        Management
3C    Authorize Board to Fill Vacancies         For       For        Management
3D    Remove Supermajority Vote Requirement for For       For        Management
      Removal of Directors
3E    Remove Supermajority Vote Requirement for For       For        Management
      Amendments


--------------------------------------------------------------------------------

BAYER AG

Ticker:       BAY            Security ID:  072730302
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     SUBMISSION OF THE APPROVED FINANCIAL      For       For        Management
      STATEMENTS, CONSOLIDATED FINANCIAL
      STATEMENTS, THE MANAGEMENT REPORTS FOR
      THE BAYER AG AND THE BAYER GROUP, AND THE
      REPORT OF THE SUPERVISORY BOARD FOR
      FISCAL YEAR 2004; RESOLUTION ON
      DISTRIBUTION OF THE PROFIT
2     RATIFICATION OF THE ACTIONS OF THE        For       For        Management
      MEMBERS OF THE BOARD OF MANAGEMENT
3     RATIFICATION OF THE ACTIONS OF THE        For       For        Management
      MEMBERS OF THE SUPERVISORY BOARD
4     SUPERVISORY BOARD ELECTIONS: DR. KLAUS    For       For        Management
      KLEINFELD AND SUBSTITUTE MEMBERS
5     SUPERVISORY BOARD ELECTIONS: PROF. DR.    For       For        Management
      EKKEHARD D. SCHULZ AND SUBSTITUTE MEMBERS
6     AMENDMENT OF SECTION 12 PARAGRAPH 1 OF    For       For        Management
      THE ARTICLES OF INCORPORATION
      (SUPERVISORY BOARD REMUNERATION)
7     AMENDMENT OF SECTION 14 (NOTICE OF THE    For       For        Management
      ANNUAL STOCKHOLDER S MEETING) AND SECTION
      15 (RIGHT OF ATTENDANCE, DEPOSITION OF
      SHARES) OF THE ARTICLES OF INCORPORATION
8     AUTHORIZATION TO PURCHASE COMPANY SHARES  For       For        Management
      AND SELL COMPANY SHARES SUBJECT TO
      EXCLUSION OF SUBSCRIPTION RIGHTS
9     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BP PLC  (FORM. BP AMOCO PLC )

Ticker:       BP.            Security ID:  055622104
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:  FEB 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dr D C Allen              For       For        Management
1.2   Elect  Director Lord Browne               For       For        Management
1.3   Elect  Director Mr J H  Bryan             For       For        Management
1.4   Elect  Director Mr A  Burgmans            For       For        Management
1.5   Elect  Director Mr I C  Conn              For       For        Management
1.6   Elect  Director Mr E B  Davis, Jr         For       For        Management
1.7   Elect  Director Mr D J  Flint             For       For        Management
1.8   Elect  Director Dr B E  Grote             For       For        Management
1.9   Elect  Director Dr A B  Hayward           For       For        Management
1.10  Elect  Director Dr D S  Julius            For       For        Management
1.11  Elect  Director Sir Tom Mckillop          For       For        Management
1.12  Elect  Director Mr J A  Manzoni           For       For        Management
1.13  Elect  Director Dr W E  Massey            For       For        Management
1.14  Elect  Director Mr H M P  Miles           For       For        Management
1.15  Elect  Director Sir Ian Prosser           For       For        Management
1.16  Elect  Director Mr M H Wilson             For       For        Management
1.17  Elect  Director Mr P D Sutherland         For       For        Management
2     Ratify Auditors                           For       For        Management
3     TO GIVE AUTHORITY TO ALLOT SHARES UP TO A For       For        Management
      SPECIFIED AMOUNT
4     SPECIAL RESOLUTION: TO GIVE AUTHORITY TO  For       For        Management
      ALLOT A LIMITED NUMBER OF SHARES FOR CASH
      WITHOUT MAKING AN OFFER TO SHAREHOLDERS
5     SPECIAL RESOLUTION: TO GIVE LIMITED       For       For        Management
      AUTHORITY FOR THE PURCHASE OF ITS OWN
      SHARES BY THE COMPANY
6     TO APPROVE THE DIRECTORS  REMUNERATION    For       For        Management
      REPORT
7     TO APPROVE THE RENEWAL OF EXECUTIVE       For       For        Management
      DIRECTORS  INCENTIVE PLAN
8     TO RECEIVE THE DIRECTORS  ANNUAL REPORT   For       For        Management
      AND THE ACCOUNTS


--------------------------------------------------------------------------------

BRISTOL-MYERS SQUIBB CO.

Ticker:       BMY            Security ID:  110122108
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director V.D. Coffman               For       For        Management
1.2   Elect Director J.M. Cornelius             For       For        Management
1.3   Elect Director P.R. Dolan                 For       For        Management
1.4   Elect Director E.V. Futter                For       For        Management
1.5   Elect Director L.V. Gershtner, Jr.        For       For        Management
1.6   Elect Director L. Johansson               For       For        Management
1.7   Elect Director L.W. Sullivan              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Articles to Eliminate Certain       For       For        Management
      Supermajority Vote Requirements
4     Report on Political Contributions         Against   Against    Shareholder
5     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
6     Eliminate Animal Testing                  Against   Against    Shareholder
7     Separate Chairman and CEO Positions       Against   Against    Shareholder
8     Proposal Regarding Restatement Situations Against   Against    Shareholder
9     Limit/Prohibit Awards to Executives       Against   Against    Shareholder
10    Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

CADBURY SCHWEPPES PLC

Ticker:       CSG            Security ID:  127209302
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  APR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     FINANCIAL STATEMENTS                      For       For        Management
2     DECLARATION OF FINAL DIVIDEND 2004        For       For        Management
3     REPORT ON DIRECTORS  REMUNERATION         For       For        Management
4     RE-APPOINTMENT OF WOLFGANG BERNDT         For       For        Management
5     RE-APPOINTMENT OF BOB STACK               For       For        Management
6     RE-APPOINTMENT OF ROSEMARY THORNE         For       For        Management
7     RE-APPOINTMENT OF BARONESS WILCOX         For       For        Management
8     Ratify Auditors                           For       For        Management
9     REMUNERATION OF AUDITORS                  For       For        Management
10    AUTHORITY TO ALLOT RELEVANT SECURITIES    For       For        Management
11    AUTHORITY TO DISAPPLY PRE-EMPTION RIGHTS  For       For        Management
12    AUTHORITY TO PURCHASE OWN ORDINARY SHARES For       For        Management


--------------------------------------------------------------------------------

CHARLES SCHWAB CORP., THE

Ticker:       SCH            Security ID:  808513105
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Frank C. Herringer         For       For        Management
1.2   Elect Director Stephen T. McLin           For       For        Management
1.3   Elect Director Charles R. Schwab          For       For        Management
1.4   Elect Director Roger O. Walther           For       For        Management
1.5   Elect Director Robert N. Wilson           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

CHIRON CORP.

Ticker:       CHIR           Security ID:  170040109
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lewis W. Coleman           For       For        Management
1.2   Elect Director J. Richard Fredericks      For       For        Management
1.3   Elect Director Paul L. Herrling           For       For        Management
1.4   Elect Director Howard H. Pien             For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CHUBB CORP., THE

Ticker:       CB             Security ID:  171232101
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director ZOE BAIRD                  For       For        Management
1.2   Elect Director SHEILA P. BURKE            For       For        Management
1.3   Elect Director JAMES I. CASH, JR.         For       For        Management
1.4   Elect Director JOEL J. COHEN              For       For        Management
1.5   Elect Director JAMES M. CORNELIUS         For       For        Management
1.6   Elect Director JOHN D. FINNEGAN           For       For        Management
1.7   Elect Director KLAUS J. MANGOLD           For       For        Management
1.8   Elect Director SIR DAVID G SCHOLEY CBE    For       For        Management
1.9   Elect Director RAYMOND G.H. SEITZ         For       For        Management
1.10  Elect Director LAWRENCE M. SMALL          For       For        Management
1.11  Elect Director DANIEL E. SOMERS           For       For        Management
1.12  Elect Director KAREN HASTIE WILLIAMS      For       For        Management
1.13  Elect Director ALFRED W. ZOLLAR           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CIGNA CORP.

Ticker:       CI             Security ID:  125509109
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Peter N. Larson            For       For        Management
1.2   Elect Director Carol Cox Wait             For       For        Management
1.3   Elect Director William D. Zollars         For       For        Management
1.4   Elect Director Marilyn Ware               For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

CITIGROUP INC.

Ticker:       C              Security ID:  172967101
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  FEB 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director C. Michael Armstrong      For       For        Management
1.2   Elect  Director Alain J.P. Belda          For       For        Management
1.3   Elect  Director George David              For       For        Management
1.4   Elect  Director Kenneth T. Derr           For       For        Management
1.5   Elect  Director John M. Deutch            For       For        Management
1.6   Elect  Director Roberto Hernandez Ramirez For       For        Management
1.7   Elect  Director Ann Dibble Jordan         For       For        Management
1.8   Elect  Director Klaus Kleinfeld           For       For        Management
1.9   Elect  Director Dudley C. Mecum           For       For        Management
1.10  Elect  Director Anne Mulcahy              For       For        Management
1.11  Elect  Director Richard D. Parsons        For       For        Management
1.12  Elect  Director Charles Prince            For       For        Management
1.13  Elect  Director Judith Rodin              For       For        Management
1.14  Elect  Director Robert E. Rubin           For       For        Management
1.15  Elect  Director Franklin A. Thomas        For       For        Management
1.16  Elect  Director Sanford I. Weill          For       For        Management
1.17  Elect  Director Robert B. Willumstad      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Limit/Prohibit Awards to Executives       Against   Against    Shareholder
5     Report on Political Contributions         Against   Against    Shareholder
6     Prohibit Chairman From Management Duties, Against   For        Shareholder
      Titles or Responsibilities
7     Limit Executive Compensation              Against   Against    Shareholder
8     Require a Majority Vote for the Election  Against   For        Shareholder
      of Directors
9     Review/Limit Executive Compensation       Against   Against    Shareholder
10    Adopt Simple Majority Vote                Against   For        Shareholder


--------------------------------------------------------------------------------

CLEAR CHANNEL COMMUNICATIONS, INC.

Ticker:       CCU            Security ID:  184502102
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Alan D. Feld               For       For        Management
1.2   Elect Director Perry J. Lewis             For       For        Management
1.3   Elect Director L. Lowry Mays              For       For        Management
1.4   Elect Director Mark P. Mays               For       For        Management
1.5   Elect Director Randall T. Mays            For       For        Management
1.6   Elect Director B.J. McCombs               For       Withhold   Management
1.7   Elect Director Phyllis B. Riggins         For       For        Management
1.8   Elect Director Theodore H. Strauss        For       For        Management
1.9   Elect Director J.C. Watts                 For       For        Management
1.10  Elect Director John H. Williams           For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

COCA-COLA COMPANY, THE

Ticker:       KO             Security ID:  191216100
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  FEB 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Herbert A. Allen          For       For        Management
1.2   Elect  Director Ronald W. Allen           For       For        Management
1.3   Elect  Director Cathleen P. Black         For       For        Management
1.4   Elect  Director Warren E. Buffett         For       For        Management
1.5   Elect  Director Barry Diller              For       For        Management
1.6   Elect  Director E. Neville Isdell         For       For        Management
1.7   Elect  Director Donald R. Keough          For       For        Management
1.8   Elect  Director Maria Elena Lagomasino    For       For        Management
1.9   Elect  Director Donald F. McHenry         For       For        Management
1.10  Elect  Director Sam Nunn                  For       For        Management
1.11  Elect  Director J. Pedro Reinhard         For       For        Management
1.12  Elect  Director James D. Robinson III     For       For        Management
1.13  Elect  Director Peter V. Ueberroth        For       For        Management
1.14  Elect  Director James B. Williams         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Review Labor Rights in Columbia           Against   Against    Shareholder
4     Performance- Based/Indexed Options        Against   Against    Shareholder
5     Submit Severance Agreement to Shareholder Against   Against    Shareholder
      Vote


--------------------------------------------------------------------------------

COMPUTER ASSOCIATES INTERNATIONAL, INC.

Ticker:       CA             Security ID:  204912109
Meeting Date: AUG 25, 2004   Meeting Type: Annual
Record Date:  JUN 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Russell M. Artzt          For       For        Management
1.2   Elect  Director Kenneth D. Cron           For       For        Management
1.3   Elect  Director Alfonse M. D'Amato        For       For        Management
1.4   Elect  Director Gary J. Fernandes         For       For        Management
1.5   Elect  Director Robert E. La Blanc        For       For        Management
1.6   Elect  Director Jay W. Lorsch             For       For        Management
1.7   Elect  Director Lewis S. Ranieri          For       For        Management
1.8   Elect  Director Walter P. Schuetze        For       For        Management
1.9   Elect  Director Laura S. Unger            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Review Executive Compensation             Against   Against    Shareholder


--------------------------------------------------------------------------------

CONOCOPHILLIPS

Ticker:       COP            Security ID:  20825C104
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J.J. Mulva                For       For        Management
1.2   Elect  Director Norman R. Augustine       For       For        Management
1.3   Elect  Director Larry D. Horner           For       For        Management
1.4   Elect  Director Charles C. Krulak         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

CONSOLIDATED EDISON, INC.

Ticker:       ED             Security ID:  209115104
Meeting Date: MAY 16, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Vincent A. Calarco         For       For        Management
1.2   Elect Director George Campbell, Jr.       For       For        Management
1.3   Elect Director Gordon J. Davis            For       For        Management
1.4   Elect Director Michael J. Del Giudice     For       For        Management
1.5   Elect Director Joan S. Freilich           For       For        Management
1.6   Elect Director Ellen V. Futter            For       For        Management
1.7   Elect Director Sally Hernandez            For       For        Management
1.8   Elect Director Peter W. Likins            For       For        Management
1.9   Elect Director Eugene R. McGrath          For       For        Management
1.10  Elect Director Frederic V. Salerno        For       For        Management
1.11  Elect Director Stephen R. Volk            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Executive Compensation          Against   Against    Shareholder


--------------------------------------------------------------------------------

DOW CHEMICAL COMPANY, THE

Ticker:       DOW            Security ID:  260543103
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jacqueline K. Barton      For       For        Management
1.2   Elect  Director Anthony J. Carbone        For       For        Management
1.3   Elect  Director Barbara H. Franklin       For       For        Management
1.4   Elect  Director Andrew N. Liveris         For       For        Management
1.5   Elect  Director Harold T. Shapiro         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Persistent Bioaccumulative and  Against   Against    Shareholder
      Toxic Chemicals


--------------------------------------------------------------------------------

ELI LILLY AND CO.

Ticker:       LLY            Security ID:  532457108
Meeting Date: APR 18, 2005   Meeting Type: Annual
Record Date:  FEB 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director G.M.C. Fisher             For       For        Management
1.2   Elect  Director A.G. Gilman               For       For        Management
1.3   Elect  Director K.N. Horn                 For       For        Management
1.4   Elect  Director J. Rose                   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Separate Chairman and CEO Positions       Against   Against    Shareholder
4     Review and Report on Drug Reimportation   Against   Against    Shareholder
      Policy
5     Report on Product Availability in Canada  Against   Against    Shareholder
6     Report on Political Contributions         Against   Against    Shareholder
7     Adopt Policy on Performance-based Stock   Against   Against    Shareholder
      Option Grants
8     Eliminate Animal Testing                  Against   Against    Shareholder


--------------------------------------------------------------------------------

ENTERGY CORP.

Ticker:       ETR            Security ID:  29364G103
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Maureen Scannell Bateman   For       For        Management
1.2   Elect Director W. Frank Blount            For       For        Management
1.3   Elect Director Simon D. deBree            For       For        Management
1.4   Elect Director Claiborne P. Deming        For       For        Management
1.5   Elect Director Alexis Herman              For       For        Management
1.6   Elect Director Donald C. Hintz            For       For        Management
1.7   Elect Director J. Wayne Leonard           For       For        Management
1.8   Elect Director Robert v.d. Luft           For       For        Management
1.9   Elect Director Kathleen A. Murphy         For       For        Management
1.10  Elect Director James R. Nichols           For       For        Management
1.11  Elect Director William A. Percy, II       For       For        Management
1.12  Elect Director Dennis H. Reilley          For       For        Management
1.13  Elect Director Steven V. Wilkinson        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require the Chairman of the Board Be an   Against   Against    Shareholder
      Independent Director
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

EQUIFAX INC.

Ticker:       EFX            Security ID:  294429105
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas F. Chapman         For       For        Management
1.2   Elect  Director James E. Copeland, Jr.    For       For        Management
1.3   Elect  Director Lee A. Kennedy            For       For        Management
1.4   Elect  Director D. Raymond Riddle         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

EXXON MOBIL CORP.

Ticker:       XOM            Security ID:  30231G102
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  APR 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael J. Boskin         For       For        Management
1.2   Elect  Director William W. George         For       For        Management
1.3   Elect  Director James R. Houghton         For       For        Management
1.4   Elect  Director William R. Howell         For       For        Management
1.5   Elect  Director Reatha Clark King         For       For        Management
1.6   Elect  Director Philip E. Lippincott      For       For        Management
1.7   Elect  Director Henry A. McKinnell, Jr.   For       For        Management
1.8   Elect  Director Marilyn Carlson Nelson    For       For        Management
1.9   Elect  Director Lee R. Raymond            For       For        Management
1.10  Elect  Director Walter V. Shipley         For       For        Management
1.11  Elect  Director Rex W. Tillerson          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Political Contributions/Activities        Against   Against    Shareholder
4     Review/Limit Executive Compensation       Against   Against    Shareholder
5     Nominate Independent Directors with       Against   Against    Shareholder
      Industry Experience
6     Report on Payments to Indonesian Military Against   Against    Shareholder
7     Adopt Policy Prohibiting Discrimination   Against   Against    Shareholder
      based on Sexual Orientation
8     Report on Potential Damage of Drilling in Against   Against    Shareholder
      Protected Regions
9     Disclose Information Supporting the       Against   Against    Shareholder
      Company Position on Climate Change
10    Report on Company Policies for Compliance Against   Against    Shareholder
      with the Kyoto Protocol


--------------------------------------------------------------------------------

FIRSTENERGY CORPORATION

Ticker:       FE             Security ID:  337932107
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Anthony J. Alexander       For       For        Management
1.2   Elect Director Russell W. Maier           For       For        Management
1.3   Elect Director Robert N. Pokelwaldt       For       For        Management
1.4   Elect Director Wes M. Taylor              For       For        Management
1.5   Elect Director Jesse T. Williams, Sr.     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Political Contributions         Against   Against    Shareholder
4     Amend Vote Requirements to Amend          Against   Against    Shareholder
      Articles/Bylaws/Charter
5     Performance- Based/Indexed Options        Against   Against    Shareholder


--------------------------------------------------------------------------------

FRANCE TELECOM SA

Ticker:                      Security ID:  35177Q105
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     STATUTORY FINANCIAL STATEMENT             For       For        Management
2     CONSOLIDATED FINANCIAL STATEMENT          For       For        Management
3     ALLOCATION OF THE RESULTS                 For       For        Management
4     TRANSFER OF THE AMOUNTS POSTED TO THE     For       For        Management
      SPECIAL RESERVE OF LONG-TERM CAPITAL
      GAINS .
5     APPROVAL OF THE AGREEMENT REFFERED TO IN  For       For        Management
      ARTICLE L. 225-38 OF THE FRENCH
      COMMERCIAL CODE
6     RATIFICATION OF THE COOTATION OF A        For       For        Management
      DIRECTOR
7     RENEWAL OF THE APPOINTMENT OF A DIRECTOR  For       For        Management
8     RENEWAL OF THE APPOINTMENT OF A DIRECTOR  For       For        Management
9     RENEWAL OF THE APPOINTMENT OF A DIRECTOR  For       For        Management
10    RENEWAL OF THE APPOINTMENT OF A DIRECTOR. For       For        Management
11    RENEWAL OF THE APPOINTMENT OF A DIRECTOR  For       For        Management
12    RENEWAL OF THE APPOINTMENT OF A DIRECTOR  For       For        Management
13    RENEWAL OF THE APPOINTMENT OF A DIRECTOR  For       For        Management
14    APPOINTMENT OF THE DIRECTOR REPRESENTING  None      Against    Management
      EMPLOYEE SHAREHOLDERS
15    APPOINTMENT OF MR. JEAN-YVES BASSUEL AS   None      Against    Management
      DIRECTOR
16    APPOINTMENT OF MR. STEHANE TIERCE AS      None      Against    Management
      DIRECTOR
17    DIRECTORS  FEES                           For       For        Management
18    CHANGE IN CORPORATE NAME                  For       For        Management
19    TO PURCHASE. RETAIN OR TRANSFER FRANCE    For       For        Management
      TELECOM SHARES.
20    TERMINATE THE AUTHORIZATION ON THE BOARD  For       For        Management


--------------------------------------------------------------------------------

FRANCE TELECOM SA

Ticker:                      Security ID:  35177Q105
Meeting Date: APR 22, 2005   Meeting Type: Special
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     AMENDMENT OF ARTICLE 9 OF THE BY-LAWS     For       Did Not    Management
                                                          Vote
2     AMENDMENT OF THE BY-LAWS                  For       Did Not    Management
                                                          Vote
3     AMENDMENT OF THE BY-LAWS                  For       Did Not    Management
                                                          Vote
4     AUTHORITY TO ISSUE ORDINARY SHARES WITH   For       Did Not    Management
      PREFERENTIAL SUBSCRIPTION RIGHTS                    Vote
5     AUTHORITY TO ISSUE ORDINARY SHARES        For       Did Not    Management
      WITHOUT PREFERENTIAL SUBSCRIPTION RIGHT             Vote
6     AUTHORIZATION TO DETERMINE THE ISSUE      For       Did Not    Management
      PRICE                                               Vote
7     AUTHORIZATION TO INCREASE THE NUMBER OF   For       Did Not    Management
      SECURITIES TO BE ISSUED                             Vote
8     DELEGATION OF AUTHORITY TO ISSUE ORDINARY For       Did Not    Management
      SHARES                                              Vote
9     DELEGATION OF POWERS TO ISSUE ORDINARY    For       Did Not    Management
      SHARES                                              Vote
10    DELEGATION OF AUTHORITY TO ISSUE ORDINARY For       Did Not    Management
      SHARES                                              Vote
11    DELEGATION OF POWERS TO ISSUE THE SHARES  For       Did Not    Management
      RESERVED FOR PERSONS SIGNING A LIQUIDITY            Vote
      AGREEMENT
12    PROCEED WITH THE FREE ISSUANCE OF         For       Did Not    Management
      OPTION-BASED LIQUIDITY INSTRUMENTS                  Vote
13    OVERALL LIMITATION OF THE AUTHORIZATIONS  For       Did Not    Management
                                                          Vote
14    ISSUE SECURITIES GIVING RIGHT TO THE      For       Did Not    Management
      ALLOCSTION OF DEBT SECURITIES                       Vote
15    INCREASE THE SHARE CAPITAL                For       Did Not    Management
                                                          Vote
16    CAPITAL INCREASE RESERVED FOR THE MEMBER  For       Did Not    Management
      OF THE TELECOM GROUP SAVINGS PLAN                   Vote
17    REDUCE THE SHARE CAPITAL                  For       Did Not    Management
                                                          Vote
18    POWERS OF FORMALITIES                     For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

FREDDIE MAC

Ticker:       FRE            Security ID:  313400301
Meeting Date: NOV 4, 2004    Meeting Type: Annual
Record Date:  SEP 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Barbara T. Alexander      For       For        Management
1.2   Elect  Director Geoffrey T. Boisi         For       For        Management
1.3   Elect  Director Michelle Engler           For       For        Management
1.4   Elect  Director Richard Karl Goeltz       For       For        Management
1.5   Elect  Director Thomas S. Johnson         For       For        Management
1.6   Elect  Director William M. Lewis, Jr.     For       For        Management
1.7   Elect  Director John B. Mccoy             For       For        Management
1.8   Elect  Director Eugene M. Mcquade         For       For        Management
1.9   Elect  Director Shaun F. O'Malley         For       For        Management
1.10  Elect  Director Ronald F. Poe             For       For        Management
1.11  Elect  Director Stephen A. Ross           For       For        Management
1.12  Elect  Director Richard F. Syron          For       For        Management
1.13  Elect  Director William J. Turner         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Employee Stock Purchase Plan        For       For        Management


--------------------------------------------------------------------------------

GENERAL ELECTRIC CO.

Ticker:       GE             Security ID:  369604103
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James I. Cash, Jr.        For       For        Management
1.2   Elect  Director William M. Castell        For       For        Management
1.3   Elect  Director Dennis D. Dammerman       For       For        Management
1.4   Elect  Director Ann M. Fudge              For       For        Management
1.5   Elect  Director Claudio X. Gonzalez       For       For        Management
1.6   Elect  Director Jeffrey R. Immelt         For       For        Management
1.7   Elect  Director Andrea Jung               For       For        Management
1.8   Elect  Director Alan G. Lafley            For       For        Management
1.9   Elect  Director Ralph S. Larsen           For       For        Management
1.10  Elect  Director Rochelle B. Lazarus       For       For        Management
1.11  Elect  Director Sam Nunn                  For       For        Management
1.12  Elect  Director Roger S. Penske           For       For        Management
1.13  Elect  Director Robert J. Swieringa       For       For        Management
1.14  Elect  Director Douglas A. Warner III     For       For        Management
1.15  Elect  Director Robert C. Wright          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Provide for Cumulative Voting             Against   Against    Shareholder
4     Report on Nuclear Fuel Storage Risks      Against   Against    Shareholder
5     Report on PCB Clean-up Costs              Against   Against    Shareholder
6     Adopt Policy on Overboarded Directors     Against   Against    Shareholder
7     Prepare a Sustainability Report           Against   Against    Shareholder
8     Political Contributions/Activities        Against   Against    Shareholder
9     Eliminate Animal Testing                  Against   Against    Shareholder


--------------------------------------------------------------------------------

GLAXOSMITHKLINE PLC (FORMERLY GLAXO WELLCOME PLC )

Ticker:       GSK            Security ID:  37733W105
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     DIRECTORS  REPORT AND FINANCIAL           For       For        Management
      STATEMENTS
2     REMUNERATION REPORT                       For       For        Management
3     TO ELECT SIR CHRISTOPHER GENT AS A        For       For        Management
      DIRECTOR
4     TO ELECT SIR DERYCK MAUGHAN AS A DIRECTOR For       For        Management
5     TO ELECT MR JULIAN HESLOP AS A DIRECTOR   For       For        Management
6     TO RE-ELECT DR JEAN-PIERRE GARNIER AS A   For       For        Management
      DIRECTOR
7     TO RE-ELECT SIR IAN PROSSER AS A DIRECTOR For       For        Management
8     TO RE-ELECT DR RONALDO SCHMITZ AS A       For       For        Management
      DIRECTOR
9     TO RE-ELECT DR LUCY SHAPIRO AS A DIRECTOR For       For        Management
10    Ratify Auditors                           For       For        Management
11    REMUNERATION OF AUDITORS                  For       For        Management
12    TO AUTHORISE THE COMPANY TO MAKE          For       For        Management
      DONATIONS TO EU POLITICAL ORGANISATIONS
      AND INCUR EU POLITICAL EXPENDITURE
13    DISAPPLICATION OF PRE-EMPTION RIGHTS      For       For        Management
14    AUTHORITY FOR THE COMPANY TO PURCHASE ITS For       For        Management
      OWN SHARES
15    INSERTION OF NEW ARTICLE 48A INTO         For       For        Management
      ARTICLES OF ASSOCIATION
16    DELETION OF ARTICLE 154.2 OF ARTICLES OF  For       For        Management
      ASSOCIATION
17    AMENDMENT OF ARTICLE 81 OF ARTICLES OF    For       For        Management
      ASSOCIATION


--------------------------------------------------------------------------------

GOLDMAN SACHS GROUP, INC., THE

Ticker:       GS             Security ID:  38141G104
Meeting Date: APR 6, 2005    Meeting Type: Annual
Record Date:  FEB 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John H. Bryan             For       For        Management
1.2   Elect  Director Stephen Friedman          For       For        Management
1.3   Elect  Director William W. George         For       For        Management
1.4   Elect  Director Henry M. Paulson, Jr.     For       For        Management
2     Declassify the Board of Directors         For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

HARTFORD FINANCIAL SERVICES GROUP, INC., THE

Ticker:       HIG            Security ID:  416515104
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ramani Ayer               For       For        Management
1.2   Elect  Director Ronald E. Ferguson        For       For        Management
1.3   Elect  Director Edward J. Kelly, III      For       For        Management
1.4   Elect  Director Paul G. Kirk, Jr.         For       For        Management
1.5   Elect  Director Thomas M. Marra           For       For        Management
1.6   Elect  Director Gail J. McGovern          For       For        Management
1.7   Elect  Director Michael G. Morris         For       For        Management
1.8   Elect  Director Robert W. Selander        For       For        Management
1.9   Elect  Director Charles B. Strauss        For       For        Management
1.10  Elect  Director H. Patrick Swygert        For       For        Management
1.11  Elect  Director David K. Zwiener          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management


--------------------------------------------------------------------------------

HONDA MOTOR CO. LTD.

Ticker:       HMCL           Security ID:  438128308
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 30, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF PROPOSAL FOR APPROPRIATION OF For       For        Management
      RETAINED EARNINGS FOR THE 81ST FISCAL
      YEAR.
2     PARTIAL AMENDMENTS TO THE ARTICLES OF     For       For        Management
      INCORPORATION
3.1   Elect  Director T. Fukui                  For       For        Management
3.2   Elect  Director M. Hagino                 For       For        Management
3.3   Elect  Director M. Harada                 For       For        Management
3.4   Elect  Director M. Shiraishi              For       For        Management
3.5   Elect  Director S. Aoki                   For       For        Management
3.6   Elect  Director S. Dobashi                For       For        Management
3.7   Elect  Director A. Hyogo                  For       For        Management
3.8   Elect  Director S. Toshida                For       For        Management
3.9   Elect  Director K. Hirashima              For       For        Management
3.10  Elect  Director K. Kondo                  For       For        Management
3.11  Elect  Director T. Onda                   For       For        Management
3.12  Elect  Director A. Takano                 For       For        Management
3.13  Elect  Director M. Yoshimi                For       For        Management
3.14  Elect  Director S. Takagi                 For       For        Management
3.15  Elect  Director H. Kuroda                 For       For        Management
3.16  Elect  Director S. Kishi                  For       For        Management
3.17  Elect  Director H. Yoshino                For       For        Management
3.18  Elect  Director T. Iwamura                For       For        Management
3.19  Elect  Director T. Oyama                  For       For        Management
3.20  Elect  Director F. Ike                    For       For        Management
3.21  Elect  Director K. Hogen                  For       For        Management
4     ELECTION OF ONE (1) CORPORATE AUDITOR.    For       For        Management
5     ELECTION OF INDEPENDENT AUDITOR.          For       For        Management
6     REVISION OF AMOUNT OF REMUNERATION        For       For        Management
      PAYABLE TO DIRECTORS.
7     PAYMENT OF BONUS TO DIRECTORS AND         For       For        Management
      CORPORATE AUDITORS FOR THE 81ST FISCAL
      YEAR.
8     PRESENTATION OF RETIREMENT ALLOWANCE TO   For       For        Management
      RETIRING DIRECTORS FOR THEIR RESPECTIVE
      SERVICES.


--------------------------------------------------------------------------------

INGERSOLL-RAND COMPANY LIMITED

Ticker:       IR             Security ID:  G4776G101
Meeting Date: JUN 1, 2005    Meeting Type: Annual
Record Date:  APR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A.C. Berzin               For       For        Management
1.2   Elect  Director H.L. Henkel               For       For        Management
1.3   Elect  Director H.W. Lichtenberger        For       For        Management
1.4   Elect  Director T.L. White                For       For        Management
2     APPROVAL OF AMENDMENT TO BYE-LAW 10 OF    For       For        Management
      THE BYE-LAWS TO ELIMINATE THE
      CLASSIFICATION OF THE BOARD OF DIRECTORS.
3     APPROVAL OF AMENDMENT TO BYE-LAW 10 OF    For       For        Management
      THE BYE-LAWS TO ELIMINATE CUMULATIVE
      VOTING IN THE ELECTION OF DIRECTORS.
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

INTEL CORP.

Ticker:       INTC           Security ID:  458140100
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Craig R. Barrett           For       For        Management
1.2   Elect Director Charlene Barshefsky        For       For        Management
1.3   Elect Director E. John P. Browne          For       For        Management
1.4   Elect Director D. James Guzy              For       For        Management
1.5   Elect Director Reed E. Hundt              For       For        Management
1.6   Elect Director Paul S. Otellini           For       For        Management
1.7   Elect Director David S. Pottruck          For       For        Management
1.8   Elect Director Jane E. Shaw               For       For        Management
1.9   Elect Director John L. Thornton           For       For        Management
1.10  Elect Director David B. Yoffie            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management


--------------------------------------------------------------------------------

INTERNATIONAL BUSINESS MACHINES CORP.

Ticker:       IBM            Security ID:  459200101
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  FEB 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Cathleen Black             For       For        Management
1.2   Elect Director Kenneth I. Chenault        For       For        Management
1.3   Elect Director Juergen Dormann            For       For        Management
1.4   Elect Director Michael L. Eskew           For       Withhold   Management
1.5   Elect Director Carlos Ghosn               For       For        Management
1.6   Elect Director Charles F. Knight          For       For        Management
1.7   Elect Director Minoru Makihara            For       For        Management
1.8   Elect Director Lucio A. Noto              For       For        Management
1.9   Elect Director Samuel J. Palmisano        For       For        Management
1.10  Elect Director Joan E. Spero              For       For        Management
1.11  Elect Director Sidney Taurel              For       For        Management
1.12  Elect Director Charles M. Vest            For       For        Management
1.13  Elect Director Lorenzo H. Zambrano        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Restore or Provide for Cumulative Voting  Against   Against    Shareholder
4     Eliminate Age Discrimination in           Against   Against    Shareholder
      Retirement Benefits
5     Calculate Executive Salary Without Regard Against   Against    Shareholder
      to Pension Income
6     Expense Stock Options                     Against   For        Shareholder
7     Report on Executive Compensation          Against   Against    Shareholder
8     Report on Outsourcing                     Against   Against    Shareholder


--------------------------------------------------------------------------------

JPMORGAN CHASE & CO.

Ticker:       JPM            Security ID:  46625H100
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Director Hans W. Becherer For       For        Management
1.2   Elect  Director Director John H. Biggs    For       For        Management
1.3   Elect  Director Director Lawrence A.      For       For        Management
      Bossidy
1.4   Elect  Director Director Stephen B. Burke For       For        Management
1.5   Elect  Director Director James S. Crown   For       For        Management
1.6   Elect  Director Director James Dimon      For       For        Management
1.7   Elect  Director Director Ellen V. Futter  For       For        Management
1.8   Elect  Director Director William H. Gray, For       For        Management
      III
1.9   Elect  Director Director William B.       For       For        Management
      Harrison, Jr
1.10  Elect  Director Director Laban P.         For       For        Management
      Jackson, Jr.
1.11  Elect  Director Director John W. Kessler  For       For        Management
1.12  Elect  Director Director Robert I. Lipp   For       For        Management
1.13  Elect  Director Director Richard A.       For       For        Management
      Manoogian
1.14  Elect  Director Director David C. Novak   For       For        Management
1.15  Elect  Director Director Lee R. Raymond   For       For        Management
1.16  Elect  Director Director William C.       For       For        Management
      Weldon
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Establish Term Limits for Directors       Against   Against    Shareholder
5     Separate Chairman and CEO Positions       Against   Against    Shareholder
6     Limit Executive Compensation              Against   Against    Shareholder
7     Adopt Executive Benefit Policy            Against   Against    Shareholder


--------------------------------------------------------------------------------

KIMBERLY-CLARK CORP.

Ticker:       KMB            Security ID:  494368103
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John F. Bergstrom         For       For        Management
1.2   Elect  Director Robert W. Decherd         For       For        Management
1.3   Elect  Director G. Craig Sullivan         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt ILO Based Code of Conduct           Against   Against    Shareholder


--------------------------------------------------------------------------------

KOHL'S CORP.

Ticker:       KSS            Security ID:  500255104
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James D. Ericson           For       For        Management
1.2   Elect Director William S. Kellogg         For       For        Management
1.3   Elect Director Arlene Meier               For       For        Management
1.4   Elect Director R. Elton White             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder
4     Submit Severance Agreement                Against   Against    Shareholder
      (Change-in-Control) to Shareholder Vote


--------------------------------------------------------------------------------

KRAFT FOODS INC

Ticker:       KFT            Security ID:  50075N104
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jan Bennink               For       Did Not    Management
                                                          Vote
1.2   Elect  Director Louis C. Camilleri        For       Did Not    Management
                                                          Vote
1.3   Elect  Director Roger K. Deromedi         For       Did Not    Management
                                                          Vote
1.4   Elect  Director Dinyar S. Devitre         For       Did Not    Management
                                                          Vote
1.5   Elect  Director W. James Farrell          For       Did Not    Management
                                                          Vote
1.6   Elect  Director Betsy D. Holden           For       Did Not    Management
                                                          Vote
1.7   Elect  Director Richard A. Lerner, M.D.   For       Did Not    Management
                                                          Vote
1.8   Elect  Director John C. Pope              For       Did Not    Management
                                                          Vote
1.9   Elect  Director Mary L. Schapiro          For       Did Not    Management
                                                          Vote
1.10  Elect  Director Charles R. Wall           For       Did Not    Management
                                                          Vote
1.11  Elect  Director Deborah C. Wright         For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote
3     Approve Omnibus Stock Plan                For       Did Not    Management
                                                          Vote
4     Report on Genetically Modified Organisms  Against   Did Not    Shareholder
      (GMO)                                               Vote


--------------------------------------------------------------------------------

LEHMAN BROTHERS HOLDINGS INC.

Ticker:       LEH            Security ID:  524908100
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  FEB 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael L. Ainslie        For       For        Management
1.2   Elect  Director John F. Akers             For       For        Management
1.3   Elect  Director Richard S. Fuld, Jr.      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

MAGNA INTERNATIONAL INC.

Ticker:       MG.SV.A        Security ID:  559222401
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William H. Fike           For       Withhold   Management
1.2   Elect  Director Manfred Gingl             For       Withhold   Management
1.3   Elect  Director Michael D. Harris         For       Withhold   Management
1.4   Elect  Director Edward C. Lumley          For       Withhold   Management
1.5   Elect  Director Klaus Mangold             For       Withhold   Management
1.6   Elect  Director Donald Resnick            For       Withhold   Management
1.7   Elect  Director Royden R. Richardson      For       Withhold   Management
1.8   Elect  Director Frank Stronach            For       Withhold   Management
1.9   Elect  Director Franz Vranitzky           For       Withhold   Management
1.10  Elect  Director Siegfried Wolf            For       Withhold   Management
2     Approve Ernst & Young LLP as Auditors and For       For        Management
      Authorize the Audit Committee to Fix
      Their Remuneration


--------------------------------------------------------------------------------

MARRIOTT INTERNATIONAL INC. (NEW)

Ticker:       MAR            Security ID:  571903202
Meeting Date: MAY 6, 2005    Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J.W. Marriott, Jr.        For       For        Management
1.2   Elect  Director Debra L. Lee              For       For        Management
1.3   Elect  Director George Munoz              For       For        Management
1.4   Elect  Director William J. Shaw           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Declassify the Board of Directors         Against   Against    Shareholder
5     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

MCDONALD'S CORP.

Ticker:       MCD            Security ID:  580135101
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Hall Adams, Jr.            For       For        Management
1.2   Elect Director Cary D. McMillan           For       For        Management
1.3   Elect Director Michael J. Roberts         For       For        Management
1.4   Elect Director James A. Skinner           For       For        Management
1.5   Elect Director Anne-Marie Slaughter       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Genetically Modified Organisms  Against   Against    Shareholder


--------------------------------------------------------------------------------

MERRILL LYNCH & CO., INC.

Ticker:       MER            Security ID:  590188108
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:  FEB 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jill K. Conway            For       For        Management
1.2   Elect  Director Heinz-Joachim Neuburger   For       For        Management
1.3   Elect  Director E. Stanley O'Neal         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Restricted  For       For        Management
      Stock Plan
4     Provide for Cumulative Voting             Against   Against    Shareholder
5     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

MICROSOFT CORP.

Ticker:       MSFT           Security ID:  594918104
Meeting Date: NOV 9, 2004    Meeting Type: Annual
Record Date:  SEP 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William H. Gates III      For       For        Management
1.2   Elect  Director Steven A. Ballmer         For       For        Management
1.3   Elect  Director James I. Cash Jr., Ph.D.  For       For        Management
1.4   Elect  Director Raymond V. Gilmartin      For       For        Management
1.5   Elect  Director Ann McLaughlin Korologos  For       For        Management
1.6   Elect  Director David F. Marquardt        For       For        Management
1.7   Elect  Director Charles H. Noski          For       For        Management
1.8   Elect  Director Dr. Helmut Panke          For       For        Management
1.9   Elect  Director Jon A. Shirley            For       For        Management
2     Amend Bundled Compensation Plans          For       For        Management
3     Amend Bundled Compensation Plans          For       For        Management
4     Amend Stock Option Plan                   For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MOTOROLA, INC.

Ticker:       MOT            Security ID:  620076109
Meeting Date: MAY 2, 2005    Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director E. Zander                  For       For        Management
1.2   Elect Director H. L. Fuller               For       For        Management
1.3   Elect Director J. Lewant                  For       For        Management
1.4   Elect Director W. Massey                  For       For        Management
1.5   Elect Director T. Meredith                For       For        Management
1.6   Elect Director N. Negroponte              For       For        Management
1.7   Elect Director I. Nooyi                   For       For        Management
1.8   Elect Director S. Scott III               For       For        Management
1.9   Elect Director R. Sommer                  For       For        Management
1.10  Elect Director J. Stengel                 For       For        Management
1.11  Elect Director D. Warner III              For       For        Management
1.12  Elect Director J. White                   For       For        Management
2     Limit Executive Compensation              Against   Against    Shareholder
3     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


--------------------------------------------------------------------------------

NEWMONT MINING CORP. (HOLDING COMPANY)

Ticker:       NEM            Security ID:  651639106
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Glen A. Barton             For       For        Management
1.2   Elect Director Vincent A. Calarco         For       For        Management
1.3   Elect Director Michael s. Hamson          For       For        Management
1.4   Elect Director Leo I. Higdon, Jr.         For       For        Management
1.5   Elect Director Pierre Lassonde            For       For        Management
1.6   Elect Director Robert J. Miller           For       Withhold   Management
1.7   Elect Director Wayne W. Murdy             For       For        Management
1.8   Elect Director Robin A. Plumbridge        For       For        Management
1.9   Elect Director John B. Prescott           For       For        Management
1.10  Elect Director Donald C. Roth             For       For        Management
1.11  Elect Director Seymour Schulich           For       For        Management
1.12  Elect Director James V. Taranik           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

NORFOLK SOUTHERN CORP.

Ticker:       NSC            Security ID:  655844108
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Gerald L. Baliles          For       Withhold   Management
1.2   Elect Director Gene R. Carter             For       For        Management
1.3   Elect Director Charles W. Moorman         For       For        Management
1.4   Elect Director J. Paul Reason             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

NORTHROP GRUMMAN CORP.

Ticker:       NOC            Security ID:  666807102
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Phillip Frost              For       For        Management
1.2   Elect Director John B. Slaughter          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Amend Nonemployee Director Plan (Stock    For       For        Management
      Awards in Lieu of Cash)
5     Adopt Simply Majority Vote Requirement    Against   Against    Shareholder


--------------------------------------------------------------------------------

PARKER-HANNIFIN CORP.

Ticker:       PH             Security ID:  701094104
Meeting Date: OCT 27, 2004   Meeting Type: Annual
Record Date:  AUG 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Candy M. Obourn           For       For        Management
1.2   Elect  Director Hector R. Ortino          For       For        Management
1.3   Elect  Director Nickolas W. Vande Steeg   For       For        Management
1.4   Elect  Director Donald E. Washkewicz      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan


--------------------------------------------------------------------------------

PNC FINANCIAL SERVICES GROUP, INC.

Ticker:       PNC            Security ID:  693475105
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Paul W. Chellgren          For       For        Management
1.2   Elect Director Robert N. Clay             For       For        Management
1.3   Elect Director J. Gary Cooper             For       For        Management
1.4   Elect Director George A. Davidson, Jr.    For       For        Management
1.5   Elect Director Richard B. Kelson          For       For        Management
1.6   Elect Director Bruce C. Lindsay           For       For        Management
1.7   Elect Director Anthony A. Massaro         For       For        Management
1.8   Elect Director Thomas H. O'Brien          For       For        Management
1.9   Elect Director Jane G. Pepper             For       For        Management
1.10  Elect Director James E. Rohr              For       For        Management
1.11  Elect Director Lorene K. Steffes          For       For        Management
1.12  Elect Director Dennis F. Strigl           For       For        Management
1.13  Elect Director Stephen G. Thieke          For       For        Management
1.14  Elect Director Thomas J. Usher            For       For        Management
1.15  Elect Director Milton A. Washington       For       For        Management
1.16  Elect Director Heldge H. Wehmeier         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PRUDENTIAL FINANCIAL INC

Ticker:       PRU            Security ID:  744320102
Meeting Date: JUN 7, 2005    Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James G. Cullen            For       For        Management
1.2   Elect Director James A. Unruh             For       For        Management
1.3   Elect Director Gordon M. Bethune          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Approve Qualified Employee Stock Purchase For       For        Management
      Plan


--------------------------------------------------------------------------------

RAYTHEON CO.

Ticker:       RTN            Security ID:  755111507
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  MAR 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Barbara M. Barrett        For       For        Management
1.2   Elect  Director Frederic M. Poses         For       For        Management
1.3   Elect  Director Linda G. Stuntz           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management
5     Amend Non-Employee Director Restricted    For       For        Management
      Stock Plan
6     Adopt MacBride Principles                 Against   Against    Shareholder
7     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
8     Require Director Nominee Qualifications   Against   Against    Shareholder


--------------------------------------------------------------------------------

ROYAL DUTCH SHELL PLC (FORMERLY ROYAL DUTCH PETROLEUM CO.)

Ticker:       RPETY          Security ID:  780257804
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAY 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ANNUAL ACCOUNTS 2004                      For       For        Management
2     DECLARATION OF THE TOTAL DIVIDEND FOR THE For       For        Management
      YEAR 2004
3     DISCHARGE OF THE MANAGING DIRECTORS       For       Against    Management
4     DISCHARGE OF THE MEMBERS OF THE           For       Against    Management
      SUPERVISORY BOARD
5     APPOINTMENT OF MR. L.R. RICCIARDI AS A    For       For        Management
      MEMBER OF THE SUPERVISORY BOARD
6     AUTHORIZATION FOR THE ACQUISITION OF      For       For        Management
      ORDINARY SHARES
7     CANCELLATION OF THE ORDINARY SHARES HELD  For       For        Management
      BY THE COMPANY
8     APPROVAL OF THE IMPLEMENTATION AGREEMENT  For       For        Management
9     PROPOSAL TO AMEND THE ARTICLES OF         For       For        Management
      ASSOCIATION OF THE COMPANY
10    APPOINTMENT OF MR A.G. JACOBS AS A        For       For        Management
      NON-EXECUTIVE DIRECTOR
11    APPOINTMENT OF MS CH. MORIN-POSTEL AS A   For       For        Management
      NON-EXECUTIVE DIRECTOR
12    APPOINTMENT OF MR A.A. LOUDON AS A        For       For        Management
      NON-EXECUTIVE DIRECTOR
13    APPOINTMENT OF MR L.R. RICCIARDI AS A     For       For        Management
      NON-EXECUTIVE DIRECTOR
14    ADOPTION OF THE REMUNERATION POLICY FOR   For       For        Management
      THE BOARD OF DIRECTORS
15    APPROVAL OF AMENDED LONG-TERM INCENTIVE   For       For        Management
      PLAN
16    APPROVAL OF AMENDED RESTRICTED SHARE PLAN For       For        Management
17    APPROVAL OF AMENDED DEFERRED BONUS PLAN   For       For        Management


--------------------------------------------------------------------------------

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  80105N105
Meeting Date: DEC 23, 2004   Meeting Type: Special
Record Date:  NOV 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption of Aventis   For       For        Management
      by Sanofi-Aventis; Authorize Issuance of
      19.1 Million Shares to Compensate Aventis
      Minority Shareholders
2     Approve Accounting Treatment of           For       For        Management
      Absorption
3     Assume Obligations of 257,248 Outstanding For       For        Management
      Aventis Warrants; Authorize Issuance of
      Up to 301,984 Sanofi-Aventis Shares to
      Satisfy Conversion of Aventis Warrants
4     Assume Obligations of 48.08 Million       For       For        Management
      Outstanding Aventis Stock Options;
      Authorize Issuance of Sanofi-Aventis
      Shares to Satisfy Conversion of Aventis
      Stock Options
5     Set Dec. 31, 2004, as Effective Date of   For       For        Management
      Merger and Related Capital Increase to
      Aventis Minority Shareholders
6     Amend Articles to Reflect Changes in      For       For        Management
      Capital
7     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  80105N105
Meeting Date: MAY 31, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE INDIVIDUAL COMPANY        For       For        Management
      FINANCIAL STATEMENTS
2     APPROVAL OF THE CONSOLIDATED FINANCIAL    For       For        Management
      STATEMENTS
3     APPROPRIATION OF PROFITS; DECLARATION OF  For       For        Management
      DIVIDEND
4     APPROVAL OF TRANSACTIONS COVERED BY THE   For       For        Management
      STATUTORY AUDITORS SPECIAL REPORT
5     Ratify Auditors                           For       For        Management
6     Ratify Auditors                           For       For        Management
7     AUTHORIZATION TO THE BOARD OF DIRECTORS   For       For        Management
      TO CARRY OUT TRANSACTIONS IN SHARES
      ISSUED BY THE COMPANY
8     TERMINATION OF THE AUTHORITY TO ISSUE     For       For        Management
      BONDS
9     TO CARRY OUT INCREASES IN THE SHARE       For       For        Management
      CAPITAL BY ISSUANCE, WITH PREEMPTIVE
      RIGHTS MAINTAINED
10    TO CARRY OUT INCREASES IN THE SHARE       For       Against    Management
      CAPITAL BY ISSUANCE, WITHOUT PREEMPTIVE
      RIGHTS
11    TO CARRY OUT INCREASES IN THE SHARE       For       For        Management
      CAPITAL BY INCORPORATION OF SHARE
      PREMIUM, RESERVES, PROFITS OR OTHER ITEMS
12    TO INCREASE THE NUMBER OF SHARES TO BE    For       Against    Management
      ISSUED IN THE EVENT OF A CAPITAL INCREASE
      WITH OR WITHOUT PREEMPTIVE RIGHTS
13    TO CARRY OUT INCREASES IN THE SHARE       For       For        Management
      CAPITAL BY ISSUANCE OF SHARES RESERVED
      FOR EMPLOYEES WITH WAIVER OF PREEMPTIVE
      RIGHTS
14    DELEGATION TO THE BOARD OF DIRECTORS OF   For       Against    Management
      AUTHORITY TO GRANT OPTIONS TO SUBSCRIBE
      FOR OR PURCHASE SHARES
15    DELEGATION TO THE BOARD TO ALLOT EXISTING For       Against    Management
      OR NEW SHARES FREE OF CHARGE TO ALL OR
      SOME SALARIED EMPLOYEES OF THE GROUP
16    DELEGATION TO THE BOARD OF DIRECTORS OF   For       For        Management
      POWERS TO REDUCE THE SHARE CAPITAL BY
      CANCELLATION OF TREASURY SHARES
17    POWERS FOR THE ACCOMPLISHMENT OF          For       For        Management
      FORMALITIES


--------------------------------------------------------------------------------

SCHERING-PLOUGH CORP.

Ticker:       SGP            Security ID:  806605101
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Hans W. Becherer           For       For        Management
1.2   Elect Director Kathryn C. Turner          For       For        Management
1.3   Elect Director Robert F. W. van Oordt     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder
4     Eliminate Animal Testing                  Against   Against    Shareholder


--------------------------------------------------------------------------------

SCHLUMBERGER LTD.

Ticker:       SLB            Security ID:  806857108
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J. Deutch                 For       Withhold   Management
1.2   Elect  Director J.S. Gorelick             For       For        Management
1.3   Elect  Director A. Gould                  For       For        Management
1.4   Elect  Director T. Isaac                  For       For        Management
1.5   Elect  Director A. Lajous                 For       For        Management
1.6   Elect  Director A. Levy-Lang              For       For        Management
1.7   Elect  Director M.E. Marks                For       For        Management
1.8   Elect  Director D. Primat                 For       For        Management
1.9   Elect  Director T.I. Sandvold             For       For        Management
1.10  Elect  Director N. Seydoux                For       For        Management
1.11  Elect  Director L.G. Stuntz               For       For        Management
1.12  Elect  Director R. Talwar                 For       For        Management
2     ADOPTION AND APPROVAL OF FINANCIALS AND   For       For        Management
      DIVIDENDS
3     ADOPTION OF MANDATORY AMENDMENTS TO THE   For       For        Management
      ARTICLES OF INCORPORATION
4     ADOPTION OF VOLUNTARY AMENDMENTS TO THE   For       For        Management
      ARTICLES OF INCORPORATION
5     APPROVAL OF ADOPTION OF THE SCHLUMBERGER  For       For        Management
      2005 OPTION PLAN
6     APPROVAL OF ADOPTION OF AN AMENDMENT TO   For       For        Management
      THE SCHLUMBERGER DISCOUNTED STOCK
      PURCHASE PLAN
7     APPROVAL OF INDEPENDENT REGISTERED PUBLIC For       For        Management
      ACCOUNTING FIRM


--------------------------------------------------------------------------------

ST. PAUL TRAVELERS COMPANIES, INC., THE

Ticker:       STA            Security ID:  792860108
Meeting Date: JUL 28, 2004   Meeting Type: Annual
Record Date:  JUN 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Howard P. Berkowitz       For       For        Management
1.2   Elect  Director Kenneth J. Bialkin        For       For        Management
1.3   Elect  Director Carolyn H. Byrd           For       For        Management
1.4   Elect  Director John H. Dasburg           For       For        Management
1.5   Elect  Director Leslie B. Disharoon       For       For        Management
1.6   Elect  Director Janet M. Dolan            For       For        Management
1.7   Elect  Director Kenneth M. Duberstein     For       For        Management
1.8   Elect  Director Jay S. Fishman            For       For        Management
1.9   Elect  Director Lawrence G. Graev         For       For        Management
1.10  Elect  Director Meryl D. Hartzband        For       For        Management
1.11  Elect  Director Thomas R. Hodgson         For       For        Management
1.12  Elect  Director William H. Kling          For       For        Management
1.13  Elect  Director James A. Lawrence         For       For        Management
1.14  Elect  Director Robert I. Lipp            For       For        Management
1.15  Elect  Director Blythe J. McGarvie        For       For        Management
1.16  Elect  Director Glen D. Nelson, M.D.      For       For        Management
1.17  Elect  Director Clarence Otis, Jr.        For       For        Management
1.18  Elect  Director Jeffrey M. Peek           For       For        Management
1.19  Elect  Director Nancy A. Roseman          For       For        Management
1.20  Elect  Director Charles W. Scharf         For       For        Management
1.21  Elect  Director Gordon M. Sprenger        For       For        Management
1.22  Elect  Director Frank J. Tasco            For       For        Management
1.23  Elect  Director Laurie J. Thomsen         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

ST. PAUL TRAVELERS COMPANIES, INC., THE

Ticker:       STA            Security ID:  792860108
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John H. Dasburg           For       For        Management
1.2   Elect  Director Leslie B. Disharoon       For       For        Management
1.3   Elect  Director Janet M. Dolan            For       For        Management
1.4   Elect  Director Kenneth M. Duberstein     For       For        Management
1.5   Elect  Director Jay S. Fishman            For       For        Management
1.6   Elect  Director Lawrence G. Graev         For       Withhold   Management
1.7   Elect  Director Thomas R. Hodgson         For       For        Management
1.8   Elect  Director Robert I. Lipp            For       For        Management
1.9   Elect  Director Blythe J. McGarvie        For       For        Management
1.10  Elect  Director Glen D. Nelson, M.D.      For       For        Management
1.11  Elect  Director Clarence Otis, Jr.        For       For        Management
1.12  Elect  Director Charles W. Scharf         For       For        Management
1.13  Elect  Director Laurie J. Thomsen         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

STARWOOD HOTELS & RESORTS WORLDWIDE, INC.

Ticker:       HOT            Security ID:  85590A203
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Charlene Barshefsky        For       For        Management
1.2   Elect Director Jean-Marc Chapus           For       For        Management
1.3   Elect Director Bruce W. Duncan            For       For        Management
1.4   Elect Director Steven J. Heyer            For       For        Management
1.5   Elect Director Eric Hippeau               For       For        Management
1.6   Elect Director Steven Quazzo              For       For        Management
1.7   Elect Director Thomas O. Ryder            For       For        Management
1.8   Elect Director Barry S. Sternlicht        For       For        Management
1.9   Elect Director Daniel W. Yih              For       For        Management
1.10  Elect Director Kneeland C. Youngblood     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Provide for Confidential Voting           Against   Against    Shareholder
5     Expense Stock Options                     Against   For        Shareholder


--------------------------------------------------------------------------------

SYMANTEC CORP.

Ticker:       SYMC           Security ID:  871503108
Meeting Date: JUN 24, 2005   Meeting Type: Special
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Adjourn Meeting                           For       Against    Management


--------------------------------------------------------------------------------

TARGET CORPORATION

Ticker:       TGT            Security ID:  87612E106
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Roxanne S. Austin         For       For        Management
1.2   Elect  Director James A. Johnson          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

TIME WARNER INC

Ticker:       TWX            Security ID:  887317105
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James L. Barksdale         For       For        Management
1.2   Elect Director Stephen F. Bollenbach      For       For        Management
1.3   Elect Director Stephen M. Case            For       For        Management
1.4   Elect Director Frank J. Caufield          For       For        Management
1.5   Elect Director Robert C. Clark            For       For        Management
1.6   Elect Director Jessica P. Einhorn         For       For        Management
1.7   Elect Director Miles R. Gilburne          For       For        Management
1.8   Elect Director Carla A. Hills             For       For        Management
1.9   Elect Director Reuben Mark                For       For        Management
1.10  Elect Director Michael A. Miles           For       For        Management
1.11  Elect Director Kenneth J. Novack          For       For        Management
1.12  Elect Director Richard D. Parsons         For       For        Management
1.13  Elect Director R. E. Turner               For       For        Management
1.14  Elect Director Francis T. Vincent, Jr     For       For        Management
1.15  Elect Director Deborah C. Wright          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Pay Disparity                   Against   Against    Shareholder


--------------------------------------------------------------------------------

UNILEVER N.V.

Ticker:       UN             Security ID:  904784709
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ADOPTION OF THE ANNUAL ACCOUNTS AND       For       For        Management
      APPROPRIATION OF THE PROFIT FOR THE 2004
      FINANCIAL YEAR.
2     DISCHARGE OF THE EXECUTIVE DIRECTORS.     For       For        Management
3     DISCHARGE OF THE NON-EXECUTIVE DIRECTORS. For       For        Management
4     CORPORATE GOVERNANCE AND ALTERATIONS TO   For       For        Management
      THE ARTICLES OF ASSOCIATION.
5.1   Elect  Director Pj Cescau                 For       For        Management
5.2   Elect  Director Cj Van Der Graaf          For       For        Management
5.3   Elect  Director Rhp Markham               For       For        Management
5.4   Elect  Director Rd Kugler                 For       For        Management
5.5   Elect  Director A Burgmans                For       For        Management
5.6   Elect  Director Lord Brittan              For       For        Management
5.7   Elect  Director Baroness Chalker          For       For        Management
5.8   Elect  Director B Collomb                 For       For        Management
5.9   Elect  Director Professor W Dik           For       For        Management
5.10  Elect  Director O Fanjul                  For       For        Management
5.11  Elect  Director H Kopper                  For       For        Management
5.12  Elect  Director Lord Simon                For       For        Management
5.13  Elect  Director J Van Der Veer            For       For        Management
6     REMUNERATION OF DIRECTORS.                For       For        Management
7     NLG 0.10 CUMULATIVE PREFERENCE SHARES;    For       For        Management
      REDUCTION OF THE ISSUED CAPITAL BY
      CANCELLATION.
8     Ratify Auditors                           For       For        Management
9     DESIGNATION, OF THE BOARD OF DIRECTORS AS For       For        Management
      THE COMPANY BODY AUTHORIZED IN RESPECT OF
      THE ISSUE OF SHARES IN THE COMPANY.
10    AUTHORIZATION, OF THE BOARD OF DIRECTORS  For       For        Management
      TO PURCHASE SHARES IN THE COMPANY AND
      DEPOSITARY RECEIPTS THEREFOR.


--------------------------------------------------------------------------------

VALERO ENERGY CORP.

Ticker:       VLO            Security ID:  91913Y100
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director W.E. Bill Bradford         For       For        Management
1.2   Elect Director Ronald K. Calgaard         For       For        Management
1.3   Elect Director William E. Greehey         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

VALERO ENERGY CORP.

Ticker:       VLO            Security ID:  91913Y100
Meeting Date: SEP 13, 2004   Meeting Type: Special
Record Date:  JUL 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

VERIZON COMMUNICATIONS

Ticker:       VZ             Security ID:  92343V104
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James R. Barker            For       For        Management
1.2   Elect Director Richard L. Carrion         For       For        Management
1.3   Elect Director Robert W. Lane             For       For        Management
1.4   Elect Director Sandra O. Moose            For       For        Management
1.5   Elect Director Joseph Neubauer            For       Withhold   Management
1.6   Elect Director Thomas H. O' Brien         For       For        Management
1.7   Elect Director Hugh B. Price              For       For        Management
1.8   Elect Director Ivan G. Seidenberg         For       For        Management
1.9   Elect Director Walter V. Shipley          For       For        Management
1.10  Elect Director John R. Stafford           For       For        Management
1.11  Elect Director Robert D. Storey           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Provide for Cumulative Voting             Against   Against    Shareholder
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
5     Require Majority of Independent Directors Against   Against    Shareholder
      on Board
6     Separate Chairman and CEO Positions       Against   Against    Shareholder
7     Amend Director/Officer                    Against   Against    Shareholder
      Liability/Indemnifications Provisions
8     Report on Political Contributions         Against   Against    Shareholder


--------------------------------------------------------------------------------

WAL-MART STORES, INC.

Ticker:       WMT            Security ID:  931142103
Meeting Date: JUN 3, 2005    Meeting Type: Annual
Record Date:  APR 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James W. Breyer           For       For        Management
1.2   Elect  Director M. Michele Burns          For       For        Management
1.3   Elect  Director Douglas N. Daft           For       For        Management
1.4   Elect  Director David D. Glass            For       For        Management
1.5   Elect  Director Roland A. Hernandez       For       For        Management
1.6   Elect  Director John D. Opie              For       For        Management
1.7   Elect  Director J. Paul Reason            For       For        Management
1.8   Elect  Director H. Lee Scott, Jr.         For       For        Management
1.9   Elect  Director Jack C. Shewmaker         For       For        Management
1.10  Elect  Director Jose H. Villarreal        For       For        Management
1.11  Elect  Director John T. Walton            For       For        Management
1.12  Elect  Director S. Robson Walton          For       For        Management
1.13  Elect  Director Christopher J. Williams   For       For        Management
1.14  Elect  Director Linda S. Wolf             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Report on Executive Compensation          Against   Against    Shareholder
5     Prepare Sustainability Report             Against   Against    Shareholder
6     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
7     Report on Political Contributions         Against   Against    Shareholder
8     Prepare Equal Opportunity Report          Against   Against    Shareholder
9     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
10    Require Majority of Independent Directors Against   Against    Shareholder
      on Board
11    Performance- Based/Indexed Options        Against   Against    Shareholder


--------------------------------------------------------------------------------

WALT DISNEY COMPANY, THE

Ticker:       DIS            Security ID:  254687106
Meeting Date: FEB 11, 2005   Meeting Type: Annual
Record Date:  DEC 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John E. Bryson            For       For        Management
1.2   Elect  Director John S. Chen              For       For        Management
1.3   Elect  Director Michael D. Eisner         For       For        Management
1.4   Elect  Director Judith L. Estrin          For       For        Management
1.5   Elect  Director Robert A. Iger            For       For        Management
1.6   Elect  Director Fred H. Langhammer        For       For        Management
1.7   Elect  Director Aylwin B. Lewis           For       For        Management
1.8   Elect  Director Monica C. Lozano          For       For        Management
1.9   Elect  Director Robert W. Matschullat     For       For        Management
1.10  Elect  Director George J. Mitchell        For       For        Management
1.11  Elect  Director Leo J. O'Donovan, S.J.    For       For        Management
1.12  Elect  Director Gary L. Wilson            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Prohibit Greenmail Payments               Against   For        Shareholder
5     Report on Vendor Standards in China       Against   Against    Shareholder


--------------------------------------------------------------------------------

WYETH

Ticker:       WYE            Security ID:  983024100
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard L. Carrion        For       For        Management
1.2   Elect  Director Robert Essner             For       For        Management
1.3   Elect  Director John D. Feerick           For       For        Management
1.4   Elect  Director Frances D. Fergusson      For       For        Management
1.5   Elect  Director Robert Langer             For       For        Management
1.6   Elect  Director John P. Mascotte          For       For        Management
1.7   Elect  Director Mary Lake Polan           For       For        Management
1.8   Elect  Director Ivan G. Seidenberg        For       For        Management
1.9   Elect  Director Walter V. Shipley         For       For        Management
1.10  Elect  Director John R. Torell III        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Review and Report on Drug Reimportation   Against   Against    Shareholder
      Policy
5     Separate Chairman and CEO Positions       Against   Against    Shareholder
6     Report on Political Contributions         Against   Against    Shareholder
7     Discontinue Promotion of Premarin and     Against   Against    Shareholder
      Report on Animal Testing


========== END NPX REPORT






                                   SIGNATURES

         Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

(Registrant):        Morgan Stanley Institutional Fund, Inc.
                     -----------------------------------------------------------
By  (Signature and Title):

                                     /s/ Ronald E. Robison

                        Principal Executive Officer - Office of the Funds
                  --------------------------------------------------------------



Date    August 25, 2005
        ------------------------------------------------------------------------


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