N-PX 1 file001.htm FORM N-PX




                                  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  811-05921
                                   ---------------------------------------------

                        The Turkish Investment Fund, Inc.
--------------------------------------------------------------------------------
               (Exact name of registrant as specified in charter)

  1221 Avenue of the Americas, New York, New York                    10020
--------------------------------------------------------------------------------
     (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
--------------------------------------------------------------------------------
                     (Name and address of agent for service)

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

Date of fiscal year end: 10/31
                         --------------------

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





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

ICA File Number: 811-05921
Reporting Period: 07/01/2004 - 06/30/2005
The Turkish Investment Fund, Inc.









========================= THE TURKISH INVESTMENT FUND ==========================


ACIBADEM SAGLIK HIZMETLERI VE TICARES AS

Ticker:                      Security ID:  TRAACIBD91V1
Meeting Date: MAY 25, 2005   Meeting Type: Annual
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     Accept Board and Statutory Reports        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 Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
6     Ratify Engin Serbest Muhasebecelik as     For       Did Not    Management
      Independent External Auditors                       Vote
7     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditorsq                                           Vote
8     Elect Directors and Determine Their       For       Did Not    Management
      Remuneration                                        Vote
9     Elect Internal Auditors and Determine     For       Did Not    Management
      Their Remuneration                                  Vote
10    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
11    Wishes                                    None      Did Not    Management
                                                          Vote


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

ADANA CIMENTO

Ticker:                      Security ID:  TRAADANA91F0
Meeting Date: APR 21, 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 Independent External Auditor's     For       Did Not    Management
      Report                                              Vote
5     Accept Financial Statements               For       Did Not    Management
                                                          Vote
6     Ratify Directors and Internal Auditors    For       Did Not    Management
      Appointed During the Year                           Vote
7     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
8     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
9     Elect Directors and Determine             For       Did Not    Management
      Remuneration                                        Vote
10    Elect Internal Auditors and Determine     For       Did Not    Management
      Remuneration                                        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
13    Amend Articles Re: Capital                For       Did Not    Management
                                                          Vote
14    Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
15    Wishes                                    None      Did Not    Management
                                                          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


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

ANADOLU CAM SANAYII AS

Ticker:                      Security ID:  TRAANACM91F7
Meeting Date: APR 18, 2005   Meeting Type: Annual
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     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
3     Approve Financial Statements and          For       Did Not    Management
      Discharge Directors and Internal Auditors           Vote
4     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
5     Elect Directors                           For       Did Not    Management
                                                          Vote
6     Elect Internal Auditors                   For       Did Not    Management
                                                          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
8     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
9     Approve Remuneration of Internal Auditors For       Did Not    Management
                                                          Vote


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

BATI CIMENTO

Ticker:                      Security ID:  TRABTCIM91F5
Meeting Date: FEB 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     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
3     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
4     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
5     Elect Directors and Internal Auditors in  For       Did Not    Management
      Place of Those Retiring; Determine The              Vote
      Remuneration of Internal Auditors
6     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
7     Elect Independent External Auditors       For       Did Not    Management
                                                          Vote
8     Grant Permission for Board Members to     For       Did Not    Management
      Entern into Transactions with the Company           Vote
      and Be Involved with Companies with
      Similar Corporate Purpose
9     Wishes                                    None      Did Not    Management
                                                          Vote


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

BOYNER BUYUK MAGAZACILIK (FORMERLY CARSI BUYUK MAGAZACILIK).

Ticker:                      Security ID:  TRACARSI91J0
Meeting Date: APR 15, 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     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
6     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
7     Elect Directors; Determine Their Terms of For       Did Not    Management
      Office and Elect Independent External               Vote
      Auditors
8     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
9     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
10    Wishes                                    None      Did Not    Management
                                                          Vote


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

DOGAN BURDA AS

Ticker:                      Security ID:  TRADOBUR91D3
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 Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Accept Financial Statements               For       Did Not    Management
                                                          Vote
5     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
6     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
7     Elect Directors                           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    Amend Articles Re: Capital and Shares     For       Did Not    Management
                                                          Vote
11    Amend Articles Re: New Turkish Lira       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    Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote


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

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


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

EFES SINAI YATIRIM

Ticker:                      Security ID:  TRAEFESW91Q9
Meeting Date: MAY 16, 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     Accept Independent External Auditor's     For       Did Not    Management
      Report                                              Vote
6     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
7     Fix Number of and Elect Internal          For       Did Not    Management
      Auditors, and Determine Their                       Vote
      Remuneration
8     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
9     Ratify Ernst and Young as Independent     For       Did Not    Management
      External Auditors                                   Vote
10    Wishes                                    None      Did Not    Management
                                                          Vote


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

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


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

GALATASARAY SPORTIF SINAI VETICARI YATIRIMLAR A.S.

Ticker:                      Security ID:  TRAGSRAY91X9
Meeting Date: NOV 23, 2004   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 Allocation of Income              For       Did Not    Management
                                                          Vote
6     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
7     Elect Directors                           For       Did Not    Management
                                                          Vote
8     Elect Internal Auditors                   For       Did Not    Management
                                                          Vote
9     Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
10    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
11    Amend Articles                            For       Did Not    Management
                                                          Vote
12    Wishes                                    None      Did Not    Management
                                                          Vote


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

GIMA GIDA

Ticker:                      Security ID:  TRAGIMAW92J2
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
3     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
4     Approve Financial Statements, Statutory   For       Did Not    Management
      Reports, and Discharge Directors and                Vote
      Internal Auditors
5     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
6     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
7     Reelect Directors Appointed During the    For       Did Not    Management
      Year                                                Vote
8     Elect Directors and Internal Auditors,    For       Did Not    Management
      and Determine Their Terms of Office                 Vote
9     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   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


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

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:  TRAHURGZ91D9
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


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

TAT KONSERVE

Ticker:                      Security ID:  TRATATKS91A5
Meeting Date: APR 8, 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, and    For       Did Not    Management
      Determine Their Terms of Office                     Vote
6     Elect Internal Auditors                   For       Did Not    Management
                                                          Vote
7     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
8     Amend Articles Re: Capital, Allocation of For       Did Not    Management
      Income, and Announcements                           Vote
9     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
10    Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
11    Wishes                                    None      Did Not    Management
                                                          Vote


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

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


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

TURK HAVA YOLLARI

Ticker:                      Security ID:  TRATHYAO91M5
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     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
3     Accept Financial Statements               For       Did Not    Management
                                                          Vote
4     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
5     Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
6     Ratify Omission of Donations in Financial For       Did Not    Management
      Year 2004                                           Vote
7     Elect Directors and Internal Auditors     For       Did Not    Management
                                                          Vote
8     Wishes                                    None      Did Not    Management
                                                          Vote


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

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


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

UZEL MAKINA SANAYI

Ticker:                      Security ID:  TRAUZELW91H7
Meeting Date: APR 26, 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 Allocation of Income              For       Did Not    Management
                                                          Vote
6     Discharge and Elect Directors             For       Did Not    Management
                                                          Vote
7     Discharge and Elect Internal Auditors     For       Did Not    Management
                                                          Vote
8     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
9     Authorize Board Members With Respect to   For       Did Not    Management
      Article 26 of Articles of Association Re:           Vote
      Power and Authorities of General Assembly
      of Shareholders
10    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
11    Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
12    Amend Articles Re: Capital, Shares, and   For       Did Not    Management
      Allocation of Income                                Vote
13    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
14    Wishes                                    None      Did Not    Management
                                                          Vote
15    Close Meeting                             None      Did Not    Management
                                                          Vote


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

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

========== 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): The Turkish Investment 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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