N-PX 1 file1.htm 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)

  522 Fifth Avenue, New York, New York                                   10036
--------------------------------------------------------------------------------
(Address of principal executive offices)                              (Zip code)

                               Amy Doberman, Esq.
                                Managing Director
                     Morgan Stanley Investment Advisors Inc.
                                522 Fifth Avenue
                            New York, New York 10036
               ---------------------------------------------------
                     (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: 7/1/06 - 6/30/07



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

ICA File Number: 811-05921
Reporting Period: 07/01/2006 - 06/30/2007
The Turkish Investment Fund, Inc.









====================== THE TURKISH INVESTMENT FUND, INC. =======================


ADANA CIMENTO

Ticker:                      Security ID:  TRAADANA91F0
Meeting Date: APR 2, 2007    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     Receive Annual and Auditing Reports for   None      Did Not    Management
      2006                                                Vote
4     Read Summary of Independent Auditor       None      Did Not    Management
      Report for 2006                                     Vote
5     Ratify 2006 Activities and Financial      For       Did Not    Management
      Statements  of 2006                                 Vote
6     Approve Changes Made Within the Board of  For       Did Not    Management
      Directors and Auditors During 2006                  Vote
7     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
8     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
9     Elect Directors, and Determine Their      For       Did Not    Management
      Remuneration                                        Vote
10    Elect Auditors, and Determine Their       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    Approve Independent Audit Company         For       Did Not    Management
      Selected for 2007                                   Vote
13    Amend Article 7 of Company Bylaws         For       Did Not    Management
      Regarding Capital                                   Vote
14    Receive Information on Donations Made in  None      Did Not    Management
      2006                                                Vote
15    Wishes                                    None      Did Not    Management
                                                          Vote
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 Article 7 of Company Bylaws         For       Did Not    Management
      Regarding Capital                                   Vote
4     Wishes                                    None      Did Not    Management
                                                          Vote


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



AKCANSA CIMENTO SA

Ticker:                      Security ID:  TRAAKCNS91F3
Meeting Date: AUG 24, 2006   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 6 and 27, and Delete       For       Did Not    Management
      Temporary Article 1 of Bylaws                       Vote


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

AKSIGORTA

Ticker:                      Security ID:  TRAAKGRT91O5
Meeting Date: MAR 27, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting and Elect Presiding Council  None      Did Not    Management
      of Meeting                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Receive Board of Directors and Auditors   None      Did Not    Management
      Reports                                             Vote
4     Approve Financial Statements and          For       Did Not    Management
      Allocation of Income                                Vote
5     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
6     Elect Directors                           For       Did Not    Management
                                                          Vote
7     Ratify Independent Auditor                For       Did Not    Management
                                                          Vote
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


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

ANADOLU CAM SANAYII AS

Ticker:                      Security ID:  TRAANACM91F7
Meeting Date: APR 10, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting,       For       Did Not    Management
      Authorize Presiding Council to Sign the             Vote
      Minutes of Meeting
2     Receive Directors, Auditors and           None      Did Not    Management
      Independent Auditors Reports                        Vote



3     Accept Balance Sheet and Income Statement For       Did Not    Management
      of Year 2006                                        Vote
4     Approve Allocation of Income, and         For       Did Not    Management
      Determine Date of Distribution                      Vote
5     Receive Information on Profit             None      Did Not    Management
      Distribution Policy                                 Vote
6     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
7     Fix Number of and Elect Directors         For       Did Not    Management
                                                          Vote
8     Fix Number of and Elect Auditors          For       Did Not    Management
                                                          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    Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
11    Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
12    Receive Information on Donations Made in  None      Did Not    Management
      2006                                                Vote


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

ANADOLU EFES BIRACILIK VE MALT SAN

Ticker:       AEFES          Security ID:  TRAAEFES91A9
Meeting Date: MAY 14, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting and    For       Did Not    Management
      Authorize Presiding Council to Sign                 Vote
      Minutes of Meeting
2     Accept Statutory Reports                  For       Did Not    Management
                                                          Vote
3     Accept Consolidated Financial Statements  For       Did Not    Management
                                                          Vote
4     Approve Discharge of Directors and        For       Did Not    Management
      Internal Auditors                                   Vote
5     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
6     Elect Directors and Board of Auditors and For       Did Not    Management
      Determine Their Terms of Office and                 Vote
      Remuneration
7     Receive Information on Donations Made in  None      Did Not    Management
      Financial Year 2006                                 Vote
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     Raify Independent External Auditor        For       Did Not    Management
                                                          Vote
10    Receive Information on Profit             None      Did Not    Management
      Distribution Policy for 2007 and Beyond             Vote
11    Amend Articles of Association             For       Did Not    Management
                                                          Vote


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



ANADOLU HAYAT

Ticker:                      Security ID:  TRAANHYT91O3
Meeting Date: MAR 28, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting, and   For       Did Not    Management
      Authorize Presiding Council to Sign                 Vote
      Minutes of Meeting
2     Receive Board, Auditors and Independent   None      Did Not    Management
      Auditors Reports                                    Vote
3     Accept Financial Statements of Year 2006  For       Did Not    Management
                                                          Vote
4     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
5     Approve Allocation of Income, and         For       Did Not    Management
      Determine Date of Distribution                      Vote
6     Elect Directors Appointed During the Year For       Did Not    Management
                                                          Vote
7     Elect Directors, and Determine Their      For       Did Not    Management
      Terms of Office                                     Vote
8     Elect Auditors                            For       Did Not    Management
                                                          Vote
9     Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
10    Wishes and Closing                        None      Did Not    Management
                                                          Vote


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

BIM BIRLESIK MAGAZALAR AS

Ticker:                      Security ID:  TREBIMM00018
Meeting Date: APR 19, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting, and   For       Did Not    Management
      Authorize Presiding Council to Sign                 Vote
      Minutes of Meeting
2     Accept Directors, Auditors and            For       Did Not    Management
      Independent Auditors Reports                        Vote
3     Accept Financial Statements of Year 2006  For       Did Not    Management
                                                          Vote
4     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
5     Approve Decision on the Profit            For       Did Not    Management
      Distribution Policies for 2007 and                  Vote
      Following Years
6     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
7     Elect Directors, and Determine            For       Did Not    Management
      Remuneration                                        Vote
8     Elect Auditors, and Determine             For       Did Not    Management
      Remuneration                                        Vote
9     Receive Information on Donations Made in  None      Did Not    Management
      2006                                                Vote
10    Ratify Independent Audit Company Elected  For       Did Not    Management
      by the Board                                        Vote
11    Wishes                                    None      Did Not    Management
                                                          Vote


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



COCA COLA ICECEK SANAYI A.S.

Ticker:                      Security ID:  TRECOLA00011
Meeting Date: DEC 18, 2006   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Special Financial Statements as of For       Did Not    Management
      30 June 2006 Prepared for Merger                    Vote
      Agreement
4     Approve Merger Agreement With Efes Sinai  For       Did Not    Management
      Yatirim Holdings A.S.                               Vote
5     Increase Authorized Capital to YTL 254.37 For       Did Not    Management
      Million From YTL  249.59 Million                    Vote
6     Approve Auditors for Year-End and Special For       Did Not    Management
      Audit                                               Vote
7     Wishes                                    None      Did Not    Management
                                                          Vote


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

COCA COLA ICECEK SANAYI A.S.

Ticker:                      Security ID:  TRECOLA00011
Meeting Date: MAY 8, 2007    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 Directors, Auditors and            For       Did Not    Management
      Independent Auditors Reports of Fisal               Vote
      Year 2006
4     Accept the Consolidated Income Statement  For       Did Not    Management
      ans Balance Sheet of Fiscal Year 2006               Vote
5     Approve Discharge of Board of Directors   For       Did Not    Management
      and Chairman                                        Vote
6     Approve Discharge of Board of Directors   For       Did Not    Management
                                                          Vote
7     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
8     Receive Information on Profit             None      Did Not    Management
      Distribution Policy                                 Vote
9     Approve Capital Difference Correction As  For       Did Not    Management
      a Result of the Merger With Efes Sinai              Vote
      Yatirim Holding and
10    Receive Information on Donations Made in  None      Did Not    Management
      2006                                                Vote
11    Approve Remuneration of Director John     For       Did Not    Management
      Paul SEchi and Gerard A. Reidy for the              Vote
      Period between April 01, 2007 and March
      31, 2008.



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    Close Meeting                             None      Did Not    Management
                                                          Vote


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

DOGAN YAYIN HOLDING

Ticker:                      Security ID:  TRADYHOL91Q7
Meeting Date: MAY 11, 2007   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           For       Did Not    Management
      Directors, Auditors and Independent                 Vote
      Auditors Reports for the Financial Year
      Ended Dec. 31, 2006
4     Approve Election of Mathias Dopfner as    For       Did Not    Management
      Director                                            Vote
5     Approve Discharge of Directors and        For       Did Not    Management
      Internal Auditors                                   Vote
6     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
7     Approve to Set off the Accumulated Loss   For       Did Not    Management
      in the Balance Sheet                                Vote
8     Elect Directors for the 2007 Accounting   For       Did Not    Management
      Period                                              Vote
9     Elect Members to the Audit Committee for  For       Did Not    Management
      the 2007 Accounting Period                          Vote
10    Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
11    Approve Independent Audit Company         For       Did Not    Management
      Selected by the Board                               Vote
12    Authorize Board to Exchange Shares        For       Did Not    Management
                                                          Vote
13    Authorize Issuance of Bonds and/or        For       Did Not    Management
      Commercial Papers                                   Vote
14    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
15    Receive Information on Company's Profit   None      Did Not    Management
      Distribution Policy                                 Vote
16    Receive Information on Donations          None      Did Not    Management
                                                          Vote
17    Wishes                                    None      Did Not    Management
                                                          Vote


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



ECZACIBASI YAPI

Ticker:                      Security ID:  TRAECYAP91F9
Meeting Date: MAR 30, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting, and   For       Did Not    Management
      Authorize Presiding Council to Sign                 Vote
      Minutes of Meeting
2     Accept Annual Report and Auditors Reports For       Did Not    Management
                                                          Vote
3     Accept Financial Statements               For       Did Not    Management
                                                          Vote
4     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
5     Elect Directors, and Determine Their      For       Did Not    Management
      Terms of Office                                     Vote
6     Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
7     Authorize Issuance of Bonds and/or        For       Did Not    Management
      Commercial Papers                                   Vote
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     Requests                                  None      Did Not    Management
                                                          Vote


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

ENKA INSAAT VE SANAYI A.S.

Ticker:                      Security ID:  TREENKA00011
Meeting Date: APR 20, 2007   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     Receive Financial Statements and          None      Did Not    Management
      Directors and Auditors Reports of Year              Vote
      2006
4     Receive Independent Auditors Report of    None      Did Not    Management
      Year 2006                                           Vote
5     Receive Information on Donations Made in  None      Did Not    Management
      2006                                                Vote
6     Approve Discharge of Directors and        For       Did Not    Management
      Auditors, and Approve Balance Sheet and             Vote
      Income Statement of Year 2006
7     Elect Directors to the Board              For       Did Not    Management
                                                          Vote
8     Elect Auditors                            For       Did Not    Management
                                                          Vote
9     Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
10    Approve Allocation of Income              For       Did Not    Management
                                                          Vote
11    Receive Information on Profit             None      Did Not    Management
      Distribution Policy                                 Vote
12    Approve Independent Audit Company         For       Did Not    Management
      Selected by the Board                               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


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



HACI OMER SABANCI HOLDING A.S

Ticker:                      Security ID:  TRASAHOL91Q5
Meeting Date: MAY 18, 2007   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     Receive Directors and Auditors Reports on None      Did Not    Management
      the Financial Statements for Fiscal Year            Vote
      Ended Dec. 31, 2006
4     Receive Information on Donations Made in  None      Did Not    Management
      2006                                                Vote
5     Approve Financial Statements and          For       Did Not    Management
      Allocation of Income for 2006                       Vote
6     Approve Discharge of Directors and        For       Did Not    Management
      Internal Auditors                                   Vote
7     Fix Number of and Elect Directors, and    For       Did Not    Management
      Determine Their Terms of Office and                 Vote
      Remuneration
8     Approve Independent Audit Company         For       Did Not    Management
      Selected by the Board                               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


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

TAV HAVALIMALARI HOLDING AS

Ticker:                      Security ID:  TRETAVH00018
Meeting Date: MAY 28, 2007   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 Statutory Reports                  For       Did Not    Management
                                                          Vote
4     Accept Financial Statements               For       Did Not    Management
                                                          Vote
5     Approve Omission of Dividend              For       Did Not    Management
                                                          Vote
6     Approve Discharge of Directors and        For       Did Not    Management
      Internal Auditors                                   Vote
7     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
8     Fix Number of and Elect Directors, and    For       Did Not    Management
      Determine Their Terms of Office                     Vote



9     Fix Number of and Elect Internal          For       Did Not    Management
      Auditors, and Determine Their Terms of              Vote
      Office
10    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
11    Receive Information on Dividend           None      Did Not    Management
      Distribution Policy                                 Vote
12    Receive Information on Donations Made in  None      Did Not    Management
      Financial Year 2006                                 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
15    Close Meeting                             None      Did Not    Management
                                                          Vote


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

TOFAS TURK OTOMOBIL FABRIKASI ANONIM SIRKETI

Ticker:                      Security ID:  TRATOASO91H3
Meeting Date: APR 20, 2007   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 for 2006 and  For       Did Not    Management
      Receive Board of Directors, Auditors and            Vote
      Independent Auditors Reports
3     Approve Directors Elected During the Year For       Did Not    Management
                                                          Vote
4     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
5     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
6     Receive Information on Profit             None      Did Not    Management
      Distribution Policy for 2007 and                    Vote
      Following Years
7     Receive Information on Donations Made in  None      Did Not    Management
      2006                                                Vote
8     Elect Auditors                            For       Did Not    Management
                                                          Vote
9     Ratify Independent Audit Company Selected For       Did Not    Management
      by the Board                                        Vote
10    Approve Remuneration of Chairman,         For       Did Not    Management
      Directors, and 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    Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
13    Wishes                                    None      Did Not    Management
                                                          Vote


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



TURKCELL ILETISIM HIZMETLERI A.S.

Ticker:                      Security ID:  TRATCELL91M1
Meeting Date: MAR 23, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting and Elect Presiding Council  None      Did Not    Management
      of Meeting                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Receive Board of Directors, Auditors and  None      Did Not    Management
      Independent Auditors Reports                        Vote
4     Accept Financial Statements for Fiscal    For       Did Not    Management
      Year 2006                                           Vote
5     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
6     Elect Auditors and Determine Their        For       Did Not    Management
      Remuneration                                        Vote
7     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
8     Inform about Donations Made in 2006       None      Did Not    Management
                                                          Vote
9     Inform about Preparation of Financial     None      Did Not    Management
      Statements in Accordance with IFRS                  Vote
10    Elect Independent Audit Firm              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


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

TURKIYE GARANTI BANKASI

Ticker:                      Security ID:  TRAGARAN91N1
Meeting Date: APR 17, 2007   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     Receive Board and Auditors Reports        None      Did Not    Management
                                                          Vote
4     Approve Financial Statements and          For       Did Not    Management
      Allocation of Income                                Vote
5     Approve Directors Appointed During the    For       Did Not    Management
      Year                                                Vote
6     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
7     Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
8     Receive Information on Donations Made in  None      Did Not    Management
      2006                                                Vote
9     Approve Selected Independent Audit        For       Did Not    Management
      Company                                             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


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



TURKIYE IS BANKASI AS

Ticker:                      Security ID:  TRAISCTR91N2
Meeting Date: MAR 30, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting, and   For       Did Not    Management
      Authorize the Presiding Council to Sign             Vote
      the Minutes of the Meeting
2     Receive Board and Auditors Reports        None      Did Not    Management
                                                          Vote
3     Ratify Balance Sheet and Income           For       Did Not    Management
      Statement, and Approve Discharge of                 Vote
      Directors and Auditors
4     Determine Dividend Distribution, Method   For       Did Not    Management
      and Date of Distribution                            Vote
5     Authorize Board for Future Selections of  For       Did Not    Management
      Independent Audit Firm, and Inform on the           Vote
      Selection of the Independent Audit Firm.
6     Determine Remuneration of Directors       For       Did Not    Management
                                                          Vote
7     Elect Auditors for 2007                   For       Did Not    Management
                                                          Vote
8     Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote


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

TURKIYE SISE VE CAM FABRIKALRI  A.S.

Ticker:                      Security ID:  TRASISEW91Q3
Meeting Date: APR 13, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting, and   For       Did Not    Management
      Authorize Presiding Council to Sign                 Vote
      Minutes of Meeting
2     Receive Directors, Auditors, and          None      Did Not    Management
      Independent Auditors Reports for Year               Vote
      2006
3     Accept Financial Statements for Year 2006 For       Did Not    Management
                                                          Vote
4     Approve Allocation of Income, and         For       Did Not    Management
      Determine Date of Distribution                      Vote
5     Receive Information on Profit             None      Did Not    Management
      Distribution Policy                                 Vote
6     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
7     Elect Members to the Board of Directors   For       Did Not    Management
                                                          Vote
8     Elect Auditors                            For       Did Not    Management
                                                          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    Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
11    Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
12    Receive Information on Donations Made in  None      Did Not    Management
      2006                                                Vote


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

TURKIYE VAKIFLAR BANKASI TAO

Ticker:                      Security ID:  TREVKFB00019
Meeting Date: MAR 30, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open and Elect Presiding Council of       None      Did Not    Management
      Meeting                                             Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
4     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
5     Approve Discharge of Directors and        For       Did Not    Management
      Internal Auditors                                   Vote
6     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
7     Fix Number of and Elect Directors, and    For       Did Not    Management
      Determine Their Terms of Office and                 Vote
      Remuneration
8     Fix Number of and Elect Internal          For       Did Not    Management
      Auditors, and Determine Their Terms of              Vote
      Office and Remuneration
9     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
10    Fix Number of and Elect Internal          For       Did Not    Management
      Auditors, and Determine Their Terms of              Vote
      Office and Remuneration
11    Cancellation of Stocks Arrangement        For       Did Not    Management
                                                          Vote
12    Receive Information on Donations Made in  None      Did Not    Management
      Financial Year 2006                                 Vote
13    Wishes                                    None      Did Not    Management
                                                          Vote
14    Close Meeting                             None      Did Not    Management
                                                          Vote


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



TURKIYE VAKIFLAR BANKASI TAO

Ticker:                      Security ID:  TREVKFB00050
Meeting Date: MAR 30, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open and Elect Presiding Council of       None      Did Not    Management
      Meeting                                             Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
4     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
5     Approve Discharge of Directors and        For       Did Not    Management
      Internal Auditors                                   Vote
6     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
7     Fix Number of and Elect Directors, and    For       Did Not    Management
      Determine Their Terms of Office and                 Vote
      Remuneration
8     Fix Number of and Elect Internal          For       Did Not    Management
      Auditors, and Determine Their Terms of              Vote
      Office and Remuneration
9     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
10    Fix Number of and Elect Internal          For       Did Not    Management
      Auditors, and Determine Their Terms of              Vote
      Office and Remuneration
11    Cancellation of Stocks Arrangement        For       Did Not    Management
                                                          Vote
12    Receive Information on Donations Made in  None      Did Not    Management
      Financial Year 2006                                 Vote
13    Wishes                                    None      Did Not    Management
                                                          Vote
14    Close Meeting                             None      Did Not    Management
                                                          Vote


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

YAPI KREDI KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S

Ticker:                      Security ID:  TRAYKGYO91Q7
Meeting Date: MAR 28, 2007   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 of Year 2006  For       Did Not    Management
      and Receive Statutory, Auditors and                 Vote
      Independent Auditors Reports
3     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
4     Receive Information Regarding Profit      None      Did Not    Management
      Distribution Policies for 2007 and                  Vote
      Forthcoming Years
5     Receive Information Regarding Captial     None      Did Not    Management
      Markets Board Regulation                            Vote
6     Elect Directors, and Determine Their      For       Did Not    Management
      Terms of Office                                     Vote
7     Elect Auditors, and Determine Their Terms For       Did Not    Management
      of Office                                           Vote
8     Determine Montly Gross Fees of Chairman,  For       Did Not    Management
      Directors and Auditors                              Vote
9     Approve Selection of the Independent      For       Did Not    Management
      Audit Company                                       Vote
10    Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
11    Proposals                                 None      Did Not    Management
                                                          Vote


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



YAPI VE KREDI BANKASI AS

Ticker:                      Security ID:  TRAYKBNK91N6
Meeting Date: SEP 21, 2006   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Elect Chairman of the       None      Did Not    Management
      Meeting; and Authorize Presiding Council            Vote
      to Sign Minutes of Meeting
2     Approve Merger Balance Sheet as of Apr.   For       Did Not    Management
      30, 2006 Re: Merger with Kockobank AS               Vote
3     Approve Merger of Kockobank AS            For       Did Not    Management
                                                          Vote
4     Ratify Merger Agreement Approved by       For       Did Not    Management
      Banking Regulatory and Supervision Agency           Vote
      and Signed Between Yapi Vi Kredi and
      Kockobank AS
5     Ratify Amendments to Article 8 of Bylaws  For       Did Not    Management
                                                          Vote
6     Approve Initiation of Legal Proceedings   For       Did Not    Management
      Against Two Former Directors in                     Vote
      Accordance with Decision Taken in the AGM
      Held on 3-31-05
7     Wishes                                    None      Did Not    Management
                                                          Vote


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

YAPI VE KREDI BANKASI AS

Ticker:                      Security ID:  TRAYKBNK91N6
Meeting Date: MAR 29, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Approve Financial Statements for Year     For       Did Not    Management
      2006 and Receive Statutory, Auditors and            Vote
      Independent Auditors Reports
3     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
4     Determine Attendance Fees for Directors   For       Did Not    Management
      and Fees for Auditors                               Vote
5     Elect Directors, and Determine Their      For       Did Not    Management
      Terms of Office                                     Vote
6     Elect Auditors, and Determine Their Terms For       Did Not    Management
      of Office                                           Vote
7     Receive Information on Profit             None      Did Not    Management
      Distribution Policy for 2007 and                    Vote
      Forthcoming Years
8     Receive Information on Donations Made in  None      Did Not    Management
      2006                                                Vote
9     Approve the Independent Auditor Selected  For       Did Not    Management
      for Year 2007                                       Vote
10    Amend Article 6 of Bylaws Regarding       For       Did Not    Management
      Capital                                             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
========== 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
                 ---------------------------------------------------------------
                 President and Principal Executive Officer - Office of the Funds

Date August 28, 2007


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