UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF

REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-06087

SALOMON BROTHERS SERIES FUNDS INC

(Exact name of registrant as specified in charter)

125 BROAD STREET, NEW YORK, NEW YORK 10004

(Address of principal executive offices) (Zip code)

Robert I. Frenkel, Esq.

300 First Stamford Place, 4^th Floor

Stamford, Connecticut 06902

(Name and address of agent for service)

Registrant’s telephone number, including area code: 203-890-7046

Date of fiscal year end: December 31

Date of reporting period: July 1, 2003–June 30, 2004

Item 1. Proxy Voting Record

<PRE>
******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-06087
Reporting Period: 07/01/2003 - 06/30/2004
Salomon Brothers Series Funds Inc









============ SALOMON BROTHERS SERIES FUNDS INC - ALL CAP VALUE FUND ============


3COM CORPORATION

Ticker:       COMS           Security ID:  885535
Meeting Date: SEP 23, 2003   Meeting Type: Annual
Record Date:  JUL 25, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO APPROVE THE 3COM 2003 STOCK PLAN WITH  For       For        Management
      AN INITIAL SHARE RESERVE OF 20,000,000
      AND THEREBY ELIMINATE THE SHARES
      AVAILABLE FOR FUTURE GRANTS UNDER THE
      COMPANY S PRIOR EQUITY COMPENSATION
      PLANS.
03    TO APPROVE AN INCREASE IN THE SHARE       For       Against    Management
      RESERVE UNDER THE COMPANY S 1984 EMPLOYEE
      STOCK PURCHASE PLAN BY 5,000,000 SHARES.
04    TO RATIFY THE APPOINTMENT OF DELOITTE &   For       For        Management
      TOUCHE LLP AS THE COMPANY S INDEPENDENT
      PUBLIC ACCOUNTANTS FOR THE FISCAL YEAR
      ENDING MAY 28, 2004.


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ABBOTT LABORATORIES

Ticker:       ABT            Security ID:  002824100
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Roxanne S. Austin         For       For        Management
1.2   Elect  Director H.Laurance Fuller         For       For        Management
1.3   Elect  Director Richard A. Gonzalez       For       For        Management
1.4   Elect  Director Jack M. Greenberg         For       For        Management
1.5   Elect  Director Jeffrey M. Leiden         For       For        Management
1.6   Elect  Director David A. Lord Owen        For       For        Management
1.7   Elect  Director Boone Powell Jr.          For       For        Management
1.8   Elect  Director Addison Barry Rand        For       For        Management
1.9   Elect  Director W.Ann Reynolds            For       For        Management
1.10  Elect  Director Roy S. Roberts            For       For        Management
1.11  Elect  Director William D. Smithburg      For       For        Management
1.12  Elect  Director John R. Walter            For       For        Management
1.13  Elect  Director Miles D. White            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Drug Pricing                              Against   Against    Shareholder
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Prohibit Awards to Executives             Against   Against    Shareholder
6     Report on Operational Imact of HIV/AIDS,  Against   Against    Shareholder
      TB, and Malaria Pandemic


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ACTUATE CORP.

Ticker:       ACTU           Security ID:  00508B102
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director George B. Beitzel         For       For        Management
1.2   Elect  Director Peter I. Cittadini        For       For        Management
1.3   Elect  Director Kenneth E. Marshall       For       For        Management
1.4   Elect  Director Nicolas C. Nierenberg     For       For        Management
1.5   Elect  Director Arthur C. Patterson       For       For        Management
1.6   Elect  Director Steven D. Whiteman        For       For        Management
2     Ratify Auditors                           For       For        Management


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AGILENT TECHNOLOGIES INC.

Ticker:       A              Security ID:  00846U101
Meeting Date: MAR 2, 2004    Meeting Type: Annual
Record Date:  JAN 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James G. Cullen            For       For        Management
1.2   Elect Director Robert L. Joss             For       For        Management
1.3   Elect Director Walter B. Hewlett          For       For        Management
2     Ratify Auditors                           For       For        Management


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ALCOA INC.

Ticker:       AA             Security ID:  013817101
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  FEB 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alain J.P. Belda          For       For        Management
1.2   Elect  Director Carlos Ghosn              For       For        Management
1.3   Elect  Director Henry B. Schacht          For       For        Management
1.4   Elect  Director Franklin A. Thomas        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Report on Pay Disparity                   Against   Against    Shareholder
4     Submit Severance Agreement                Against   Against    Shareholder
      (Change-in-Control) to Shareholder Vote


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AMBAC FINANCIAL GROUP, INC.

Ticker:       ABK            Security ID:  023139108
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Phillip B. Lassiter       For       For        Management
1.2   Elect  Director Michael A. Callen         For       For        Management
1.3   Elect  Director Renso L. Caporali         For       For        Management
1.4   Elect  Director Jill M. Considine         For       For        Management
1.5   Elect  Director Richard Dulude            For       For        Management
1.6   Elect  Director Robert J. Genader         For       For        Management
1.7   Elect  Director W. Grant Gregory          For       For        Management
1.8   Elect  Director Laura S. Unger            For       For        Management
1.9   Elect  Director Henry D. G. Wallace       For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


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AMERICAN EXPRESS CO.

Ticker:       AXP            Security ID:  025816109
Meeting Date: APR 26, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel F. Akerson         For       For        Management
1.2   Elect  Director Charlene Barshefsky       For       For        Management
1.3   Elect  Director William G. Bowen          For       For        Management
1.4   Elect  Director Ursula M. Burns           For       For        Management
1.5   Elect  Director Kenneth I. Chenault       For       For        Management
1.6   Elect  Director Peter R. Dolan            For       For        Management
1.7   Elect  Director Vernon E. Jordan, Jr.     For       For        Management
1.8   Elect  Director Jan Leschly               For       For        Management
1.9   Elect  Director Richard A. McGinn         For       For        Management
1.10  Elect  Director Edward D. Miller          For       For        Management
1.11  Elect  Director Frank P. Popoff           For       For        Management
1.12  Elect  Director Robert D. Walter          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Establish Term Limits for Directors       Against   Against    Shareholder
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities


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AMERICAN INTERNATIONAL GROUP, INC.

Ticker:       AIG            Security ID:  026874107
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director M. Bernard Aidinoff       For       For        Management
1.2   Elect  Director Pei-Yuan Chia             For       For        Management
1.3   Elect  Director Marshall A. Cohen         For       For        Management
1.4   Elect  Director Willaim S. Cohen          For       For        Management
1.5   Elect  Director Martin S. Feldstein       For       For        Management
1.6   Elect  Director Ellen V. Futter           For       For        Management
1.7   Elect  Director Maurice R. Greenberg      For       For        Management
1.8   Elect  Director Carla A. Hills            For       For        Management
1.9   Elect  Director Frank J. Hoenemeyer       For       For        Management
1.10  Elect  Director Richard C. Holbrooke      For       For        Management
1.11  Elect  Director Donald P. Kanak           For       For        Management
1.12  Elect  Director Howard I. Smith           For       For        Management
1.13  Elect  Director Martin J. Sullivan        For       For        Management
1.14  Elect  Director Edmund S.W. Tse           For       For        Management
1.15  Elect  Director Frank G. Zarb             For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Ratify Auditors                           For       For        Management
5     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
6     Divest from Tobacco Equities              Against   Against    Shareholder
7     Link Executive Compensation to Predatory  Against   Against    Shareholder
      Lending


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ANADARKO PETROLEUM CORP.

Ticker:       APC            Security ID:  032511107
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Larry Barcus              For       For        Management
1.2   Elect  Director James L. Bryan            For       For        Management
1.3   Elect  Director James T. Hackett          For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management
4     Report on Greenhouse Gas Emissions        Against   Against    Shareholder


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APHTON CORP.

Ticker:       APHT           Security ID:  03759P101
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Philip C. Gevas           For       For        Management
1.2   Elect  Director William A. Hasler         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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BANK OF NEW YORK CO., INC., THE

Ticker:       BK             Security ID:  064057102
Meeting Date: APR 13, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank J. Biondi, Jr.      For       For        Management
1.2   Elect  Director Nicholas M. Donofrio      For       For        Management
1.3   Elect  Director Alan R. Griffith          For       For        Management
1.4   Elect  Director Gerald L. Hassell         For       For        Management
1.5   Elect  Director Richard J. Kogan          For       For        Management
1.6   Elect  Director Michael J. Kowalski       For       For        Management
1.7   Elect  Director John A. Luke, Jr.         For       For        Management
1.8   Elect  Director John C. Malone            For       For        Management
1.9   Elect  Director Paul Myners, CBE          For       For        Management
1.10  Elect  Director Robert C. Pozen           For       For        Management
1.11  Elect  Director Catherine A. Rein         For       For        Management
1.12  Elect  Director Thomas A. Renyi           For       For        Management
1.13  Elect  Director William C. Richardson     For       For        Management
1.14  Elect  Director Brian L. Roberts          For       For        Management
1.15  Elect  Director Samuel C. Scott III       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Report on Political Contributions         Against   Against    Shareholder
5     Limit Executive Compensation              Against   Against    Shareholder
6     Limit Composition of Committee to         Against   Against    Shareholder
      Independent Directors
7     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


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BANK ONE CORP.

Ticker:       ONE            Security ID:  06423A103
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2.1   Elect  Director John H. Bryan             For       For        Management
2.2   Elect  Director Stephen B. Burke          For       For        Management
2.3   Elect  Director James S. Crown            For       For        Management
2.4   Elect  Director James Dimon               For       For        Management
2.5   Elect  Director Maureen A. Fay            For       For        Management
2.6   Elect  Director Laban P. Jackson, Jr.     For       For        Management
2.7   Elect  Director John W. Kessler           For       For        Management
2.8   Elect  Director Robert I. Lipp            For       For        Management
2.9   Elect  Director Richard A. Manoogian      For       For        Management
2.10  Elect  Director David C. Novak            For       For        Management
2.11  Elect  Director John W. Rogers, Jr.       For       For        Management
2.12  Elect  Director Frederick P. Stratton,    For       For        Management
      Jr.
3     Ratify Auditors                           For       For        Management


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BENTLEY PHARMACEUTICALS, INC.

Ticker:       BNT            Security ID:  082657107
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  APR 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director F. Ross Johnson           For       For        Management
1.2   Elect  Director Edward J. Robinson        For       For        Management
2     Eliminate Right to Act by Written Consent For       Against    Management
3     Amend the Classified Board Provisions     For       Against    Management
4     Eliminate the Director and Office         For       For        Management
      Indemnification Provision


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BOEING CO., THE

Ticker:       BA             Security ID:  097023105
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John H. Biggs             For       For        Management
1.2   Elect  Director John E. Bryson            For       For        Management
1.3   Elect  Director Linda Z. Cook             For       For        Management
1.4   Elect  Director Rozanne L. Ridgway        For       For        Management
2     Reduce Supermajority Vote Requirement     For       For        Management
3     Ratify Auditors                           For       For        Management
4     Develop Ethical Criteria for Military     Against   Against    Shareholder
      Contracts
5     Adopt Amended Workplace Code of Conduct   Against   Against    Shareholder
6     Declassify the Board of Directors         Against   For        Shareholder
7     Amend Vote Requirements to Amend          Against   For        Shareholder
      Articles/Bylaws/Charter
8     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
9     Adopt a Policy that will Commit Executive Against   Against    Shareholder
      & Directors to Hold at least 75% of their
      Shares
10    Provide Employees Choice of Pension Plans Against   Against    Shareholder
      at Retirement or Termination


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BRISTOL-MYERS SQUIBB CO.

Ticker:       BMY            Security ID:  110122108
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter R. Dolan            For       For        Management
1.2   Elect  Director Louis V. Gerstner, Jr.    For       For        Management
1.3   Elect  Director Leif Johansson            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
4     Cease Political Contributions/Activities  Against   Against    Shareholder
5     Separate Chairman and CEO Positions       Against   Against    Shareholder
6     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
7     Require Affirmative Vote of a Majority of Against   Against    Shareholder
      the Shares to Elect Directors


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CABOT CORP.

Ticker:       CBT            Security ID:  127055101
Meeting Date: MAR 11, 2004   Meeting Type: Annual
Record Date:  JAN 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kennett F. Burnes         For       For        Management
1.2   Elect  Director John S. Clarkeson         For       For        Management
1.3   Elect  Director Roderick C.G. MacLeod     For       Withhold   Management
1.4   Elect  Director Ronaldo H. Schmitz        For       For        Management


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CARNIVAL CORP.

Ticker:       CCL            Security ID:  143658300
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Micky Arison              For       For        Management
1.2   Elect  Director Amb Richard G. Capen Jr   For       For        Management
1.3   Elect  Director Robert H. Dickinson       For       For        Management
1.4   Elect  Director Arnold W. Donald          For       For        Management
1.5   Elect  Director Pier Luigi Foschi         For       For        Management
1.6   Elect  Director Howard S. Frank           For       For        Management
1.7   Elect  Director Baroness Hogg             For       For        Management
1.8   Elect  Director A. Kirk Lanterman         For       For        Management
1.9   Elect  Director Modesto A. Maidique       For       For        Management
1.10  Elect  Director John P. Mcnulty           For       For        Management
1.11  Elect  Director Peter Ratcliffe           For       For        Management
1.12  Elect  Director Sir John Parker           For       For        Management
1.13  Elect  Director Stuart Subotnick          For       For        Management
1.14  Elect  Director Uzi Zucker                For       For        Management
2     Ratify Auditors                           For       For        Management
3     TO AUTHORIZE THE AUDIT COMMITTEE OF       For       For        Management
      CARNIVAL PLC TO AGREE THE REMUNERATION OF
      THE INDEPENDENT AUDITORS.
4     TO RECEIVE THE ACCOUNTS AND REPORTS FOR   For       For        Management
      CARNIVAL PLC FOR THE FINANCIAL PERIOD
      ENDED NOVEMBER 30, 2003.
5     TO APPROVE THE DIRECTORS  REMUNERATION    For       For        Management
      REPORT OF CARNIVAL PLC.
6     TO APPROVE LIMITS ON THE AUTHORITY TO     For       For        Management
      ALLOT SHARES BY CARNIVAL PLC.
7     TO APPROVE THE DISAPPLICATION OF          For       For        Management
      PRE-EMPTION RIGHTS FOR CARNIVAL PLC
      SHARES.


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CATERPILLAR INC.

Ticker:       CAT            Security ID:  149123101
Meeting Date: APR 14, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John T. Dillon            For       For        Management
1.2   Elect  Director Juan Gallardo             For       For        Management
1.3   Elect  Director William A. Osborn         For       For        Management
1.4   Elect  Director Gordon R. Parker          For       For        Management
1.5   Elect  Director Edward B. Rust, Jr.       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
5     Report on Equipment Sales to Israel       Against   Against    Shareholder
6     Report on Operational Imact of HIV/AIDS,  Against   Against    Shareholder
      TB, and Malaria Pandemic


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CHEVRONTEXACO CORP.

Ticker:       CVX            Security ID:  166764100
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Samuel H. Armacost        For       For        Management
1.2   Elect  Director Robert E. Denham          For       For        Management
1.3   Elect  Director Robert J. Eaton           For       For        Management
1.4   Elect  Director Sam Ginn                  For       For        Management
1.5   Elect  Director Carla Anderson Hills      For       For        Management
1.6   Elect  Director Franklyn G. Jenifer       For       For        Management
1.7   Elect  Director J. Bennett Johnston       For       For        Management
1.8   Elect  Director Sam Nunn                  For       For        Management
1.9   Elect  Director David J. O'Reilly         For       For        Management
1.10  Elect  Director Peter J. Robertson        For       For        Management
1.11  Elect  Director Charles R. Shoemate       For       For        Management
1.12  Elect  Director Carl Ware                 For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt Shareholder Rights Plan (Poison     For       For        Management
      Pill) Policy
4     Amend Omnibus Stock Plan                  For       For        Management
5     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
6     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
7     Require Affirmative Vote of a Majority of Against   Against    Shareholder
      the Shares to Elect Directors
8     Report on Health and Environmental        Against   Against    Shareholder
      Initiatives in Ecuador
9     Report on Renewable Energy                Against   Against    Shareholder


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CHUBB CORP., THE

Ticker:       CB             Security ID:  171232101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Zoe Baird                 For       For        Management
1.2   Elect  Director Sheila P. Burke           For       For        Management
1.3   Elect  Director James I. Cash, Jr.        For       For        Management
1.4   Elect  Director Joel J. Cohen             For       For        Management
1.5   Elect  Director James M. Cornelius        For       For        Management
1.6   Elect  Director John D. Finnegan          For       For        Management
1.7   Elect  Director David H. Hoag             For       For        Management
1.8   Elect  Director Klaus J. Mangold          For       For        Management
1.9   Elect  Director Sir David G. Scholey, CBE For       For        Management
1.10  Elect  Director Raymond G. H. Seitz       For       For        Management
1.11  Elect  Director Lawrence M. Small         For       For        Management
1.12  Elect  Director Daniel E. Somers          For       For        Management
1.13  Elect  Director Karen Hastie Williams     For       For        Management
1.14  Elect  Director James M. Zimmerman        For       For        Management
1.15  Elect  Director Alfred W. Zollar          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
4     Ratify Auditors                           For       For        Management
5     Report on Political                       Against   Against    Shareholder
      Contributions/Activities


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CNA SURETY CORP.

Ticker:       SUR            Security ID:  12612L108
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Philip H. Britt           For       For        Management
1.2   Elect  Director Roy E. Posner             For       For        Management
1.3   Elect  Director Adrian M. Tocklin         For       For        Management
1.4   Elect  Director James R. Lewis            For       For        Management
1.5   Elect  Director Ken Miller                For       For        Management
1.6   Elect  Director Thomas Pontarelli         For       For        Management
1.7   Elect  Director John F. Welch             For       For        Management
2     Ratify Auditors                           For       For        Management


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CROMPTON CORPORATION

Ticker:       CK             Security ID:  227116100
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Leo I. Higdon, Jr.        For       For        Management
1.2   Elect  Director C. A. (Lance) Piccolo     For       For        Management
1.3   Elect  Director Bruce F. Wesson           For       For        Management
2     Ratify Auditors                           For       For        Management


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DOW CHEMICAL COMPANY, THE

Ticker:       DOW            Security ID:  260543103
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Arnold A. Allemang        For       For        Management
1.2   Elect  Director John C. Danforth          For       For        Management
1.3   Elect  Director Jeff M. Fettig            For       For        Management
1.4   Elect  Director Andrew N. Liveris         For       For        Management
1.5   Elect  Director James M. Ringler          For       For        Management
1.6   Elect  Director William S. Stavropoulos   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Report on Social Initiatives in Bhopal    Against   Against    Shareholder


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EMERSON ELECTRIC CO.

Ticker:       EMR            Security ID:  291011
Meeting Date: FEB 3, 2004    Meeting Type: Annual
Record Date:  NOV 24, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RE-APPROVAL OF PERFORMANCE MEASURES UNDER For       For        Management
      THE EMERSON ELECTRIC CO. 1997 INCENTIVE
      SHARES PLAN
03    RATIFICATION OF INDEPENDENT AUDITORS      For       For        Management


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ENGELHARD CORP.

Ticker:       EC             Security ID:  292845104
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David L. Burner           For       For        Management
1.2   Elect  Director James V. Napier           For       For        Management


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ENZO BIOCHEM, INC.

Ticker:       ENZ            Security ID:  294100
Meeting Date: JAN 14, 2004   Meeting Type: Annual
Record Date:  NOV 24, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RATIFICATION OF THE APPOINTMENT OF ERNST  For       For        Management
      & YOUNG LLP AS INDEPENDENT AUDITORS FOR
      THE FISCAL YEAR ENDING JULY 31, 2004.


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ENZO BIOCHEM, INC.

Ticker:       ENZ            Security ID:  294100102
Meeting Date: JAN 14, 2004   Meeting Type: Annual
Record Date:  NOV 24, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Shahram K. Rabbani         For       For        Management
1.2   Elect Director Irwin C. Gerson            For       For        Management
2     Ratify Auditors                           For       For        Management


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FLUOR CORP.

Ticker:       FLR            Security ID:  343412102
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James T. Hackett          For       For        Management
1.2   Elect  Director Kent Kresa                For       For        Management
1.3   Elect  Director Robin W. Renwick          For       For        Management
1.4   Elect  Director Martha R. Seger           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Non-Employee Director Restricted    For       For        Management
      Stock Plan


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

GAP, INC., THE

Ticker:       GPS            Security ID:  364760108
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Howard Behar              For       For        Management
1.2   Elect  Director Adrian D.P. Bellamy       For       For        Management
1.3   Elect  Director Donald G. Fisher          For       For        Management
1.4   Elect  Director Doris F. Fisher           For       For        Management
1.5   Elect  Director Robert J. Fisher          For       For        Management
1.6   Elect  Director Glenda A. Hatchett        For       For        Management
1.7   Elect  Director Penelope L. Hughes        For       For        Management
1.8   Elect  Director Bob L. Martin             For       For        Management
1.9   Elect  Director Jorge P. Montoya          For       For        Management
1.10  Elect  Director Paul S. Pressler          For       For        Management
1.11  Elect  Director James M. Schneider        For       For        Management
1.12  Elect  Director Mayo A. Shattuck III      For       For        Management
1.13  Elect  Director Margaret C. Whitman       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Limit Executive Compensation              Against   Against    Shareholder


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

GENELABS TECHNOLOGIES, INC.

Ticker:       GNLB           Security ID:  368706107
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Irene A. Chow             For       For        Management
1.2   Elect  Director Arthur Gray, Jr.          For       For        Management
1.3   Elect  Director H. H. Haight              For       For        Management
1.4   Elect  Director Alan Y. Kwan              For       For        Management
1.5   Elect  Director James A. D. Smith         For       For        Management
2     Ratify Auditors                           For       For        Management


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

GEORGIA-PACIFIC CORP.

Ticker:       GP             Security ID:  373298108
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Barbara L. Bowles         For       For        Management
1.2   Elect  Director Donald V. Fites           For       For        Management
1.3   Elect  Director David R. Goode            For       For        Management
1.4   Elect  Director Karen N. Horn             For       For        Management
1.5   Elect  Director William R. Johnson        For       For        Management
1.6   Elect  Director James B. Williams         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Ratify Auditors                           For       For        Management


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

GLOBAL SANTA FE CORP.(FORMERLY SANTA FE INTERNATIONAL CORP)

Ticker:       GSF            Security ID:  G3930E101
Meeting Date: JUN 9, 2004    Meeting Type: Annual
Record Date:  APR 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ferdinand A. Berger       For       For        Management
1.2   Elect  Director Khaled R. Al-Haroon       For       For        Management
1.3   Elect  Director Edward R. Muller          For       For        Management
1.4   Elect  Director Paul J. Powers            For       For        Management
1.5   Elect  Director John L. Whitmire          For       For        Management
2     PROPOSAL TO APPROVE A SPECIAL RESOLUTION  For       For        Management
      TO AMEND THE COMPANY S AMENDED AND
      RESTATED ARTICLES OF ASSOCIATION TO
      PERMIT TELEPHONIC AND INTERNET VOTING BY
      RECORD SHAREHOLDERS.
3     PROPOSAL TO APPROVE A SPECIAL RESOLUTION  For       For        Management
      TO AMEND THE COMPANY S AMENDED AND
      RESTATED ARTICLES OF ASSOCIATION TO
      REMOVE THE LANGUAGE  NO SHARE OWNERSHIP
      QUALIFICATION FOR DIRECTORS SHALL BE
      REQUIRED.
4     PROPOSAL TO RATIFY THE APPOINTMENT OF     For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS THE
      INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
      OF THE COMPANY AND ITS SUBSIDIARIES FOR
      THE YEAR ENDING DECEMBER 31, 2004.


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

HARTFORD FINANCIAL SERVICES GROUP, INC., THE

Ticker:       HIG            Security ID:  416515104
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ramani Ayer               For       For        Management
1.2   Elect  Director Ronald E. Ferguson        For       For        Management
1.3   Elect  Director Edward J. Kelly, III      For       For        Management
1.4   Elect  Director Paul G. Kirk, Jr.         For       For        Management
1.5   Elect  Director Thomas M. Marra           For       For        Management
1.6   Elect  Director Gail J. McGovern          For       For        Management
1.7   Elect  Director Robert W. Selander        For       For        Management
1.8   Elect  Director Charles B. Strauss        For       For        Management
1.9   Elect  Director H. Patrick Swygert        For       For        Management
1.10  Elect  Director Gordon I. Ulmer           For       For        Management
1.11  Elect  Director David K. Zwiener          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder


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

HASBRO, INC.

Ticker:       HAS            Security ID:  418056107
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan R. Batkin            For       For        Management
1.2   Elect  Director Frank J. Biondi, Jr.      For       For        Management
1.3   Elect  Director John M. Connors, Jr.      For       For        Management
1.4   Elect  Director Jack M. Greenberg         For       For        Management
1.5   Elect  Director Alan G. Hassenfeld        For       For        Management
1.6   Elect  Director Claudine B. Malone        For       For        Management
1.7   Elect  Director Edward M. Philip          For       For        Management
1.8   Elect  Director Paula Stern               For       For        Management
1.9   Elect  Director Alfred J. Verrecchia      For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management
4     Implement and Monitor Code of Corporate   Against   Against    Shareholder
      Conduct - ILO Standards


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

HEWLETT-PACKARD CO.

Ticker:       HPQ            Security ID:  428236103
Meeting Date: MAR 17, 2004   Meeting Type: Annual
Record Date:  JAN 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director L.T. Babbio, Jr.          For       For        Management
1.2   Elect  Director P.C. Dunn                 For       For        Management
1.3   Elect  Director C.S. Fiorina              For       For        Management
1.4   Elect  Director R.A. Hackborn             For       For        Management
1.5   Elect  Director G.A. Keyworth II          For       For        Management
1.6   Elect  Director R.E. Knowling, Jr.        For       For        Management
1.7   Elect  Director S.M. Litvack              For       Withhold   Management
1.8   Elect  Director R.L. Ryan                 For       For        Management
1.9   Elect  Director L.S. Salhany              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Expense Stock Options                     Against   For        Shareholder


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

HOME DEPOT, INC. (THE)

Ticker:       HD             Security ID:  437076102
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gregory D. Brenneman      For       For        Management
1.2   Elect  Director Richard H. Brown          For       For        Management
1.3   Elect  Director John L. Clendenin         For       For        Management
1.4   Elect  Director Berry R. Cox              For       For        Management
1.5   Elect  Director Claudio X. Gonzalez       For       For        Management
1.6   Elect  Director Milledge A. Hart, III     For       For        Management
1.7   Elect  Director Bonnie G. Hill            For       For        Management
1.8   Elect  Director Kenneth G. Langone        For       For        Management
1.9   Elect  Director Robert L. Nardelli        For       For        Management
1.10  Elect  Director Roger S. Penske           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Establish Term Limits for Directors       Against   Against    Shareholder
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
5     Performance- Based/Indexed Options        Against   Against    Shareholder
6     Adopt ILO Based Code of Conduct           Against   Against    Shareholder
7     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
8     Require Affirmative Vote of the Majority  Against   Against    Shareholder
      of the Shares to Elect Directors


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

HONEYWELL INTERNATIONAL, INC.

Ticker:       HON            Security ID:  438516106
Meeting Date: APR 26, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James J. Howard           For       Withhold   Management
1.2   Elect  Director Bruce Karatz              For       Withhold   Management
1.3   Elect  Director Russell E. Palmer         For       Withhold   Management
1.4   Elect  Director Ivan G. Seidenberg        For       Withhold   Management
1.5   Elect  Director Eric K. Shinseki          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   For        Shareholder
4     Amend Vote Requirements to Amend          Against   For        Shareholder
      Articles/Bylaws/Charter
5     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
6     Report on Pay Disparity                   Against   Against    Shareholder
7     Provide for Cumulative Voting             Against   For        Shareholder


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

IKON OFFICE SOLUTIONS, INC.

Ticker:       IKN            Security ID:  451713101
Meeting Date: FEB 24, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Judith M. Bell            For       For        Management
1.2   Elect  Director Philip E. Cushing         For       For        Management
1.3   Elect  Director Matthew J. Espe           For       For        Management
1.4   Elect  Director Thomas R. Gibson          For       For        Management
1.5   Elect  Director Richard A. Jalkut         For       For        Management
1.6   Elect  Director Arthur E. Johnson         For       For        Management
1.7   Elect  Director Kurt M. Landgraf          For       For        Management
1.8   Elect  Director Gerald Luterman           For       For        Management
1.9   Elect  Director William E. Mccracken      For       For        Management
1.10  Elect  Director William L. Meddaugh       For       For        Management
1.11  Elect  Director Anthony P. Terracciano    For       For        Management
1.12  Elect  Director Marilyn Ware              For       For        Management


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

INTEL CORP.

Ticker:       INTC           Security ID:  458140100
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Craig R. Barrett          For       For        Management
1.2   Elect  Director Charlene Barshefsky       For       For        Management
1.3   Elect  Director E. John P. Browne         For       For        Management
1.4   Elect  Director Andrew S. Grove           For       For        Management
1.5   Elect  Director D. James Guzy             For       For        Management
1.6   Elect  Director Reed E. Hundt             For       For        Management
1.7   Elect  Director Paul S. Otellini          For       For        Management
1.8   Elect  Director David S. Pottruck         For       For        Management
1.9   Elect  Director Jane E. Shaw              For       For        Management
1.10  Elect  Director John L. Thornton          For       For        Management
1.11  Elect  Director David B. Yoffie           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Expense Stock Options                     Against   For        Shareholder
5     Limit/Prohibit Awards to Executives       Against   Against    Shareholder
6     Performance- Based/Indexed Options        Against   Against    Shareholder


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

INTERNATIONAL BUSINESS MACHINES CORP.

Ticker:       IBM            Security ID:  459200101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Cathleen Black            For       For        Management
1.2   Elect  Director Kenneth I. Chenault       For       For        Management
1.3   Elect  Director Carlos Ghosn              For       For        Management
1.4   Elect  Director Nannerl O. Keohane        For       For        Management
1.5   Elect  Director Charles F. Knight         For       For        Management
1.6   Elect  Director Lucio A. Noto             For       For        Management
1.7   Elect  Director Samuel J. Palmisano       For       For        Management
1.8   Elect  Director John B. Slaughter         For       For        Management
1.9   Elect  Director Joan E. Spero             For       For        Management
1.10  Elect  Director Sidney Taurel             For       For        Management
1.11  Elect  Director Charles M. Vest           For       For        Management
1.12  Elect  Director Lorenzo H. Zambrano       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Ratify Auditors for the Company's         For       For        Management
      Business Consulting Services Unit
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Provide for Cumulative Voting             Against   For        Shareholder
6     Amend Pension and Retirement Medical      Against   Against    Shareholder
      Insurance Plans
7     Submit Executive Compensation to Vote     Against   For        Shareholder
8     Expense Stock Options                     Against   For        Shareholder
9     Limit Awards to Executives                Against   Against    Shareholder
10    China Principles                          Against   Against    Shareholder
11    Report on Political                       Against   Against    Shareholder
      Contributions/Activities
12    Report on Executive Compensation          Against   Against    Shareholder


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

JPMORGAN CHASE & CO.

Ticker:       JPM            Security ID:  46625H100
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2.1   Elect  Director Hans W. Becherer          For       For        Management
2.2   Elect  Director Frank A. Bennack, Jr.     For       For        Management
2.3   Elect  Director John H. Biggs             For       For        Management
2.4   Elect  Director Lawrence A. Bossidy       For       For        Management
2.5   Elect  Director Ellen V. Futter           For       For        Management
2.6   Elect  Director William H. Gray, III      For       For        Management
2.7   Elect  Director William B. Harrison, Jr   For       For        Management
2.8   Elect  Director Helene L. Kaplan          For       For        Management
2.9   Elect  Director Lee R. Raymond            For       For        Management
2.10  Elect  Director John R. Stafford          For       For        Management
3     Ratify Auditors                           For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management
5     Adjourn Meeting                           For       For        Management
6     Establish Term Limits for Directors       Against   Against    Shareholder
7     Charitable Contributions                  Against   Against    Shareholder
8     Political Contributions                   Against   Against    Shareholder
9     Separate Chairman and CEO Positions       Against   For        Shareholder
10    Provide Adequate Disclosure for over the  Against   Against    Shareholder
      counter Derivatives
11    Auditor Independence                      Against   Against    Shareholder
12    Submit Non-Employee Director Compensation Against   Against    Shareholder
      to Vote
13    Report on Pay Disparity                   Against   Against    Shareholder


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

LATTICE SEMICONDUCTOR CORP.

Ticker:       LSCC           Security ID:  518415104
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mark O. Hatfield          For       For        Management
1.2   Elect  Director Cyrus Y. Tsui             For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


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

LIBERTY MEDIA CORP.

Ticker:       L              Security ID:  530718105
Meeting Date: JUN 9, 2004    Meeting Type: Annual
Record Date:  APR 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert R. Bennett         For       For        Management
1.2   Elect  Director Paul A. Gould             For       For        Management
1.3   Elect  Director John C. Malone            For       For        Management
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


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

MARSH & MCLENNAN COMPANIES, INC.

Ticker:       MMC            Security ID:  571748102
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lewis W. Bernard          For       For        Management
1.2   Elect  Director Mathis Cabiallavetta      For       For        Management
1.3   Elect  Director Zachary W. Carter         For       For        Management
1.4   Elect  Director Robert F. Erburu          For       For        Management
1.5   Elect  Director Oscar Fanjul              For       For        Management
1.6   Elect  Director Ray J. Groves             For       For        Management
2     Ratify Auditors                           For       For        Management


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

MATTEL, INC.

Ticker:       MAT            Security ID:  577081102
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eugene P. Beard           For       For        Management
1.2   Elect  Director Michael J. Dolan          For       For        Management
1.3   Elect  Director Robert A. Eckert          For       For        Management
1.4   Elect  Director Tully M. Friedman         For       For        Management
1.5   Elect  Director Ronald M. Loeb            For       For        Management
1.6   Elect  Director Andrea L. Rich            For       For        Management
1.7   Elect  Director Ronald L. Sargent         For       For        Management
1.8   Elect  Director Christopher A. Sinclair   For       For        Management
1.9   Elect  Director G. Craig Sullivan         For       For        Management
1.10  Elect  Director John L. Vogelstein        For       For        Management
1.11  Elect  Director Kathy Brittain White      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Awards to Executives                Against   Against    Shareholder
4     Prohibit Auditor from Providing Non-Audit Against   Against    Shareholder
      Services


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

MBIA INC.

Ticker:       MBI            Security ID:  55262C100
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joseph W. Brown           For       For        Management
1.2   Elect  Director C. Edward Chaplin         For       For        Management
1.3   Elect  Director David C. Clapp            For       For        Management
1.4   Elect  Director Gary C. Dunton            For       For        Management
1.5   Elect  Director Claire L. Gaudiani        For       For        Management
1.6   Elect  Director Freda S. Johnson          For       For        Management
1.7   Elect  Director Daniel P. Kearney         For       For        Management
1.8   Elect  Director James A. Lebenthal        For       For        Management
1.9   Elect  Director Debra J. Perry            For       For        Management
1.10  Elect  Director John A. Rolls             For       For        Management
2     Ratify Auditors                           For       For        Management


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

MCKESSON CORPORATION

Ticker:       MCK            Security ID:  58155Q
Meeting Date: JUL 30, 2003   Meeting Type: Annual
Record Date:  JUN 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RATIFYING THE APPOINTMENT OF DELOITTE &   For       For        Management
      TOUCHE LLP AS THE COMPANY S INDEPENDENT
      AUDITORS
03    STOCKHOLDER PROPOSAL REGARDING SEVERANCE  Against   Against    Shareholder
      PAYMENTS


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

MERCK & CO., INC.

Ticker:       MRK            Security ID:  589331107
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter C. Wendell          For       For        Management
1.2   Elect  Director William G. Bowen          For       For        Management
1.3   Elect  Director William M. Daley          For       For        Management
1.4   Elect  Director Thomas E. Shenk           For       For        Management
1.5   Elect  Director Wendell P. Weeks          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Prohibit Awards to Executives             Against   Against    Shareholder
5     Develop Ethical Criteria for Patent       Against   Against    Shareholder
      Extension
6     Link Executive Compensation to Social     Against   Against    Shareholder
      Issues
7     Report on Political Contributions         Against   Against    Shareholder
8     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic


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

METRO-GOLDWYN-MAYER INC.

Ticker:       MGM            Security ID:  591610100
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAY 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James D. Aljian           For       For        Management
1.2   Elect  Director Willie D. Davis           For       For        Management
1.3   Elect  Director Alexander M. Haig, Jr.    For       For        Management
1.4   Elect  Director Michael R. Gleason        For       For        Management
1.5   Elect  Director Kirk Kerkorian            For       For        Management
1.6   Elect  Director Frank G. Mancuso          For       For        Management
1.7   Elect  Director Christopher J. Mcgurk     For       For        Management
1.8   Elect  Director A.N. Mosich               For       For        Management
1.9   Elect  Director Priscilla Presley         For       For        Management
1.10  Elect  Director Henry D. Winterstern      For       For        Management
1.11  Elect  Director Alex Yemenidjian          For       For        Management
1.12  Elect  Director Jerome B. York            For       For        Management
2     Ratify Auditors                           For       For        Management


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

METRO-GOLDWYN-MAYER INC.

Ticker:       MGM            Security ID:  591610100
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James D. Aljian           For       For        Management
1.2   Elect  Director Willie D. Davis           For       For        Management
1.3   Elect  Director Alexander M. Haig, Jr.    For       For        Management
1.4   Elect  Director Michael R. Gleason        For       For        Management
1.5   Elect  Director Kirk Kerkorian            For       For        Management
1.6   Elect  Director Frank G. Mancuso          For       For        Management
1.7   Elect  Director Christopher J. Mcgurk     For       For        Management
1.8   Elect  Director A.N. Mosich               For       For        Management
1.9   Elect  Director Priscilla Presley         For       For        Management
1.10  Elect  Director Henry D. Winterstern      For       For        Management
1.11  Elect  Director Alex Yemenidjian          For       For        Management
1.12  Elect  Director Jerome B. York            For       For        Management
2     Ratify Auditors                           For       For        Management


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

MGIC INVESTMENT CORP.

Ticker:       MTG            Security ID:  552848103
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James A. Abbott           For       For        Management
1.2   Elect  Director Thomas M. Hagerty         For       For        Management
1.3   Elect  Director Michael E. Lehman         For       For        Management
2     Ratify Auditors                           For       For        Management


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

MICROMUSE INC.

Ticker:       MUSE           Security ID:  595094103
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAY 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John C. Bolger            For       For        Management
1.2   Elect  Director Michael E.W. Jackson      For       For        Management
1.3   Elect  Director Kathleen M.H. Wallman     For       For        Management
2     Ratify Auditors                           For       For        Management


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

MORGAN STANLEY

Ticker:       MWD            Security ID:  617446448
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John W. Madigan           For       Withhold   Management
1.2   Elect  Director Dr. Klaus Zumwinkel       For       For        Management
1.3   Elect  Director Sir Howard Davies         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   For        Shareholder
4     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
5     Report on Political                       Against   Against    Shareholder
      Contributions/Activities


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

MOTOROLA, INC.

Ticker:       MOT            Security ID:  620076109
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward Zander             For       For        Management
1.2   Elect  Director H. Laurence Fuller        For       For        Management
1.3   Elect  Director Judy Lewent               For       For        Management
1.4   Elect  Director Walter Massey             For       For        Management
1.5   Elect  Director Nicholas Negroponte       For       For        Management
1.6   Elect  Director Indra Nooyi               For       For        Management
1.7   Elect  Director John Pepper, Jr.          For       For        Management
1.8   Elect  Director Samuel Scott III          For       For        Management
1.9   Elect  Director Douglas Warner III        For       For        Management
1.10  Elect  Director John White                For       For        Management
1.11  Elect  Director Mike Zafirovski           For       For        Management
2     Limit Executive Compensation              Against   Against    Shareholder
3     Limit Awards to Executives                Against   Against    Shareholder


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

NEWMONT MINING CORP. (HOLDING COMPANY)

Ticker:       NEM            Security ID:  651639106
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Glen A. Barton            For       For        Management
1.2   Elect  Director Vincent A. Calarco        For       For        Management
1.3   Elect  Director Michael S. Hamson         For       For        Management
1.4   Elect  Director Leo I. Higdon, Jr.        For       For        Management
1.5   Elect  Director Pierre Lassonde           For       For        Management
1.6   Elect  Director Robert J. Miller          For       For        Management
1.7   Elect  Director Wayne W. Murdy            For       For        Management
1.8   Elect  Director Robin A. Plumbridge       For       For        Management
1.9   Elect  Director John B. Prescott          For       For        Management
1.10  Elect  Director Michael K. Reilly         For       For        Management
1.11  Elect  Director Seymour Schulich          For       For        Management
1.12  Elect  Director James V. Taranik          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


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

NIPPON TELEGRAPH & TELEPHONE CORP.

Ticker:                      Security ID:  654624105
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF PROPOSED APPROPRIATION OF     For       For        Management
      UNAPPROPRIATED RETAINED EARNINGS FOR THE
      19TH FISCAL YEAR ENDED MARCH 31, 2004.
2     REPURCHASE OF OWN SHARES.                 For       For        Management
3     PARTIAL MODIFICATIONS TO THE ARTICLES OF  For       For        Management
      INCORPORATION.
4.1   Elect  Director Norio Wada                For       For        Management
4.2   Elect  Director Toyohiko Takabe           For       For        Management
4.3   Elect  Director Ryuji Yamada              For       For        Management
4.4   Elect  Director Yuji Inoue                For       For        Management
4.5   Elect  Director Shin Hashimoto            For       For        Management
4.6   Elect  Director Masaki Mitsumura          For       For        Management
4.7   Elect  Director Hiroo Unoura              For       For        Management
4.8   Elect  Director Ken Yagi                  For       For        Management
4.9   Elect  Director Haruki Matsuno            For       For        Management
4.10  Elect  Director Takashi Imai              For       For        Management
4.11  Elect  Director Yotaro Kobayashi          For       For        Management
5     ELECTION OF A CORPORATE AUDITOR.          For       For        Management
6     PRESENTATION OF RETIREMENT ALLOWANCE TO   For       For        Management
      RETIRING DIRECTORS AND A CORPORATE
      AUDITOR.


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

NOKIA CORP.

Ticker:       NOK            Security ID:  654902204
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:  JAN 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE INCOME STATEMENTS AND THE For       For        Management
      BALANCE SHEETS.
2     APPROVAL OF A DIVIDEND OF EUR 0.30 PER    For       For        Management
      SHARE.
3     APPROVAL OF THE DISCHARGE OF THE          For       For        Management
      CHAIRMAN, THE MEMBERS OF THE BOARD OF
      DIRECTORS AND THE PRESIDENT FROM
      LIABILITY.
4.1   Elect  Director Paul J. Collins           For       For        Management
4.2   Elect  Director Georg Ehrnrooth           For       For        Management
4.3   Elect  Director Bengt Holmstrom           For       For        Management
4.4   Elect  Director Per Karlsson              For       For        Management
4.5   Elect  Director Jorma Ollila              For       For        Management
4.6   Elect  Director Marjorie Scardino         For       For        Management
4.7   Elect  Director Vesa Vainio               For       For        Management
4.8   Elect  Director Arne Wessberg             For       For        Management
5     Ratify Auditors                           For       For        Management
6     APPROVAL OF THE PROPOSAL OF THE BOARD TO  For       For        Management
      REDUCE THE SHARE CAPITAL THROUGH
      CANCELLATION OF NOKIA SHARES HELD BY THE
      COMPANY
7     APPROVAL OF THE AUTHORIZATION TO THE      For       For        Management
      BOARD TO INCREASE THE SHARE CAPITAL OF
      THE COMPANY.
8     APPROVAL OF THE AUTHORIZATION TO THE      For       For        Management
      BOARD TO REPURCHASE NOKIA SHARES.
9     APPROVAL OF THE AUTHORIZATION TO THE      For       For        Management
      BOARD TO DISPOSE NOKIA SHARES HELD BY THE
      COMPANY.
10    APPROVAL OF THE PROPOSAL OF THE BOARD TO  For       For        Management
      INCREASE THE CAPITAL OF THE FOUNDATION OF
      NOKIA CORPORATION.
11    MARK THE  FOR  BOX IF YOU WISH TO         None      For        Management
      INSTRUCT THE DEPOSITARY TO GIVE A PROXY
      TO ANY ONE OF MARIANNA UOTINEN-TARKOMA,
      ESA KAUNISTOLA, BOTH LEGAL COUNSELS OF
      NOKIA CORPORATION, TO AUTHORIZE ANY OF
      THEM (WITH FULL POWER OF SUBSTITUTION) TO
      VOTE, IN THEIR DISCR


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

OLIN CORP.

Ticker:       OLN            Security ID:  680665205
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael Coleman           For       For        Management
1.2   Elect  Director Donald W. Griffin         For       For        Management
1.3   Elect  Director Randall W. Larrimore      For       For        Management
1.4   Elect  Director Anthony W. Ruggiero       For       For        Management
1.5   Elect  Director Philip J. Schulz          For       For        Management
2     Ratify Auditors                           For       For        Management


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

PFIZER INC.

Ticker:       PFE            Security ID:  717081103
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael S. Brown          For       For        Management
1.2   Elect  Director M. Anthony Burns          For       For        Management
1.3   Elect  Director Robert N. Burt            For       For        Management
1.4   Elect  Director W. Don Cornwell           For       For        Management
1.5   Elect  Director William H. Gray III       For       For        Management
1.6   Elect  Director Constance J. Horner       For       For        Management
1.7   Elect  Director William R. Howell         For       For        Management
1.8   Elect  Director Stanley O. Ikenberry      For       For        Management
1.9   Elect  Director George A. Lorch           For       For        Management
1.10  Elect  Director Henry A. Mckinnell        For       For        Management
1.11  Elect  Director Dana G. Mead              For       For        Management
1.12  Elect  Director Franklin D. Raines        For       For        Management
1.13  Elect  Director Ruth J. Simmons           For       For        Management
1.14  Elect  Director William C. Steere, Jr.    For       For        Management
1.15  Elect  Director Jean-Paul Valles          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
5     Cease Political Contributions/Activities  Against   Against    Shareholder
6     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
7     Establish Term Limits for Directors       Against   Against    Shareholder
8     Report on Drug Pricing                    Against   Against    Shareholder
9     Limit Awards to Executives                Against   Against    Shareholder
10    Amend Animal Testing Policy               Against   Against    Shareholder


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

RADIAN GROUP INC.

Ticker:       RDN            Security ID:  750236101
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James W. Jennings         For       For        Management
1.2   Elect  Director Roy J. Kasmar             For       For        Management
1.3   Elect  Director Herbert Wender            For       For        Management
1.4   Elect  Director Jan Nicholson             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Articles                            For       For        Management
4     Ratify Auditors                           For       For        Management


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

RAYTHEON CO.

Ticker:       RTN            Security ID:  755111507
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John M. Deutch            For       For        Management
1.2   Elect  Director Michael C. Ruettgers      For       For        Management
1.3   Elect  Director William R. Spivey         For       For        Management
1.4   Elect  Director William H. Swanson        For       For        Management
1.5   Elect  Director Linda G. Stuntz           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Develop Ethical Criteria for Military     Against   Against    Shareholder
      Contracts
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
5     Declassify the Board of Directors         Against   For        Shareholder
6     Implement MacBride Principles             Against   Against    Shareholder
7     Expense Stock Options                     Against   For        Shareholder
8     Submit Executive Pension Benefit to Vote  Against   Against    Shareholder
9     Limit Executive Compensation              Against   Against    Shareholder


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

SABRE HOLDINGS CORPORATION

Ticker:       TSG            Security ID:  785905100
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Royce S. Caldwell         For       For        Management
1.2   Elect  Director Paul C. Ely, Jr.          For       For        Management
1.3   Elect  Director Glenn W. Marschel, Jr.    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management


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

SAFEWAY INC.

Ticker:       SWY            Security ID:  786514208
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Steven A. Burd             For       For        Management
1.2   Elect Director Robert I. MacDonnell       For       For        Management
1.3   Elect Director William Y. Tauscher        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Approve Repricing of Options              For       For        Management
5     Amend Bylaws to Require Independent       Against   For        Shareholder
      Director as Chairman of the Board
6     Provide for Cumulative Voting             Against   For        Shareholder
7     Report on Genetically Modified Organisms  Against   Against    Shareholder
      (GMO)
8     Prepare Sustainability Report             Against   Against    Shareholder
9     Report on Political Contributions         Against   Against    Shareholder
10    Expense Stock Options                     Against   For        Shareholder


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

SBC COMMUNICATIONS INC.

Ticker:       SBC            Security ID:  78387G103
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James E. Barnes           For       For        Management
1.2   Elect  Director James A. Henderson        For       For        Management
1.3   Elect  Director John B. McCoy             For       For        Management
1.4   Elect  Director S. Donley Ritchey         For       For        Management
1.5   Elect  Director Joyce M. Roche            For       For        Management
1.6   Elect  Director Patricia P. Upton         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Bylaws                              For       For        Management
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Change Size of Board of Directors         Against   Against    Shareholder


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

SCHERING-PLOUGH CORP.

Ticker:       SGP            Security ID:  806605101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Fred Hassan               For       For        Management
1.2   Elect  Director Philip Leder, M.D.        For       For        Management
1.3   Elect  Director Eugene R. McGrath         For       For        Management
1.4   Elect  Director Richard de J. Osborne     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management


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

SHAW GROUP INC., THE

Ticker:       SGR            Security ID:  820280105
Meeting Date: JAN 30, 2004   Meeting Type: Annual
Record Date:  DEC 10, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director J.M. Bernhard, Jr.         For       For        Management
1.2   Elect Director L. Lane Grigsby            For       For        Management
1.3   Elect Director David W. Hoyle             For       For        Management
1.4   Elect Director Albert D. McAlister        For       For        Management
1.5   Elect Director Charles E. Roemer, III     For       For        Management
1.6   Elect Director John W. Sinders, Jr.       For       For        Management
1.7   Elect Director T.A. Barfield, Jr.         For       For        Management
1.8   Elect Director James F. Barker            For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Other Business                            For       For        Management


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

SMURFIT - STONE CONTAINER CORP.

Ticker:       SSCC           Security ID:  832727101
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Boris            For       For        Management
1.2   Elect  Director Alan E. Goldberg          For       For        Management
1.3   Elect  Director William T. Lynch, Jr.     For       For        Management
1.4   Elect  Director Patrick J. Moore          For       For        Management
1.5   Elect  Director James J. O'Connor         For       For        Management
1.6   Elect  Director Jerry K. Pearlman         For       For        Management
1.7   Elect  Director Thomas A. Reynolds, III   For       For        Management
1.8   Elect  Director William D. Smithburg      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Deferred Compensation Plan        For       For        Management
5     Submit Executive Compensation to Vote     Against   Against    Shareholder


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

SOLECTRON CORPORATION

Ticker:       SLR            Security ID:  834182
Meeting Date: JAN 7, 2004    Meeting Type: Annual
Record Date:  NOV 18, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO APPROVE AN AMENDMENT TO THE COMPANY S  For       For        Management
      2002 STOCK OPTION PLAN TO PERMIT AN
      OPTION EXCHANGE PROGRAM.
03    TO RATIFY THE APPOINTMENT OF KPMG LLP AS  For       For        Management
      INDEPENDENT AUDITORS OF THE COMPANY FOR
      THE FISCAL YEAR ENDING AUGUST 31, 2004.


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

STATE STREET CORP. (BOSTON)

Ticker:       STT            Security ID:  857477103
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kennett Burnes            For       For        Management
1.2   Elect  Director David Gruber              For       For        Management
1.3   Elect  Director Linda Hill                For       For        Management
1.4   Elect  Director Charles Lamantia          For       For        Management
1.5   Elect  Director Robert Weissman           For       For        Management
2     Exempt Board of Directors from            Against   For        Shareholder
      Massachusetts General Laws, Chapter 156B,
      Section 50A(a)


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

TAIWAN SEMICONDUCTOR MANUFACTURING CO.

Ticker:       TSM.P          Security ID:  874039100
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO ACCEPT 2003 BUSINESS REPORT AND        For       For        Management
      FINANCIAL STATEMENTS.
2     TO APPROVE THE PROPOSAL FOR DISTRIBUTION  For       For        Management
      OF 2003 PROFITS.
3     TO APPROVE THE CAPITALIZATION OF 2003     For       For        Management
      DIVIDENDS AND EMPLOYEE PROFIT SHARING.


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

TEXAS INSTRUMENTS INC.

Ticker:       TXN            Security ID:  882508104
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Adams            For       For        Management
1.2   Elect  Director David L. Boren            For       For        Management
1.3   Elect  Director Daniel A. Carp            For       For        Management
1.4   Elect  Director Thomas J. Engibous        For       For        Management
1.5   Elect  Director Gerald W. Fronterhouse    For       For        Management
1.6   Elect  Director David R. Goode            For       For        Management
1.7   Elect  Director Wayne R. Sanders          For       For        Management
1.8   Elect  Director Ruth J. Simmons           For       For        Management
1.9   Elect  Director Richard K. Templeton      For       For        Management
1.10  Elect  Director Christine Todd Whitman    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder


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

TIME WARNER INC

Ticker:       TWX            Security ID:  887317105
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James L. Barksdale        For       For        Management
1.2   Elect  Director Stephen F. Bollenbach     For       For        Management
1.3   Elect  Director Stephen M. Case           For       For        Management
1.4   Elect  Director Frank J. Caufield         For       For        Management
1.5   Elect  Director Robert C. Clark           For       For        Management
1.6   Elect  Director Miles R. Gilburne         For       For        Management
1.7   Elect  Director Carla A. Hills            For       For        Management
1.8   Elect  Director Reuben Mark               For       For        Management
1.9   Elect  Director Michael A. Miles          For       For        Management
1.10  Elect  Director Kenneth J. Novack         For       For        Management
1.11  Elect  Director Richard D. Parsons        For       For        Management
1.12  Elect  Director R. E. Turner              For       For        Management
1.13  Elect  Director Francis T. Vincent, Jr.   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt China Principles                    Against   Against    Shareholder
4     Report on Pay Disparity                   Against   Against    Shareholder


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

UNISYS CORP.

Ticker:       UIS            Security ID:  909214108
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Henry C. Duques           For       For        Management
1.2   Elect  Director Clayton M. Jones          For       For        Management
1.3   Elect  Director Theodore E. Martin        For       For        Management
1.4   Elect  Director Lawrence A. Weinbach      For       For        Management


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

WALT DISNEY COMPANY, THE

Ticker:       DIS            Security ID:  254687106
Meeting Date: MAR 3, 2004    Meeting Type: Annual
Record Date:  JAN 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John E. Bryson            For       Withhold   Management
1.2   Elect  Director John S. Chen              For       For        Management
1.3   Elect  Director Michael D. Eisner         For       Withhold   Management
1.4   Elect  Director Judith L. Estrin          For       Withhold   Management
1.5   Elect  Director Robert A. Iger            For       For        Management
1.6   Elect  Director Aylwin B. Lewis           For       For        Management
1.7   Elect  Director Monica C. Lozano          For       For        Management
1.8   Elect  Director Robert W. Matschullat     For       For        Management
1.9   Elect  Director George J. Mitchell        For       Withhold   Management
1.10  Elect  Director Leo J. O'Donovan, S.J.    For       For        Management
1.11  Elect  Director Gary L. Wilson            For       For        Management
2     Ratify Auditors                           For       For        Management
3     China Principles                          Against   Against    Shareholder
4     Report on Supplier Labor Standards in     Against   Against    Shareholder
      China
5     Report on Amusement Park Safety           Against   Against    Shareholder


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

WASTE MANAGEMENT, INC.

Ticker:       WMI            Security ID:  94106L109
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pastora San Juan Cafferty For       For        Management
1.2   Elect  Director Frank M. Clark, Jr.       For       For        Management
1.3   Elect  Director Robert S. Miller          For       For        Management
1.4   Elect  Director A. Maurice Myers          For       For        Management
1.5   Elect  Director John C. Pope              For       For        Management
1.6   Elect  Director W. Robert Reum            For       For        Management
1.7   Elect  Director Steven G. Rothmeier       For       For        Management
1.8   Elect  Director David P. Steiner          For       For        Management
1.9   Elect  Director Carl W. Vogt              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Executive Incentive Bonus Plan    For       For        Management


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

WEYERHAEUSER CO.

Ticker:       WY             Security ID:  962166104
Meeting Date: APR 13, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven R. Rogel           For       For        Management
1.2   Elect  Director William D. Ruckelshaus    For       For        Management
1.3   Elect  Director Richard H. Sinkfield      For       For        Management
1.4   Elect  Director James N. Sullivan         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Declassify the Board of Directors         Against   For        Management
4     Expense Stock Options                     Against   For        Shareholder
5     Implement Restricted Share Executive      Against   Against    Shareholder
      Compensation Plan
6     Report on Greenhouse Gas Emissions        Against   Against    Shareholder
7     Develop Policy Regarding Old Growth       Against   Against    Shareholder
      Forests
8     Ratify Auditors                           For       For        Management


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

WILLIAMS COMPANIES, INC., THE

Ticker:       WMB            Security ID:  969457100
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles M. Lillis         For       For        Management
1.2   Elect  Director William G. Lowrie         For       For        Management
1.3   Elect  Director Joseph H. Williams        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Awards to Executives                Against   Against    Shareholder


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

WYETH

Ticker:       WYE            Security ID:  983024100
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Clifford L. Alexander,    For       For        Management
      Jr.
1.2   Elect  Director Frank A. Bennack, Jr.     For       For        Management
1.3   Elect  Director Richard L. Carrion        For       For        Management
1.4   Elect  Director Robert Essner             For       For        Management
1.5   Elect  Director John D. Feerick           For       For        Management
1.6   Elect  Director Robert Langer             For       For        Management
1.7   Elect  Director John P. Mascotte          For       For        Management
1.8   Elect  Director Mary Lake Polan           For       For        Management
1.9   Elect  Director Ivan G. Seidenberg        For       For        Management
1.10  Elect  Director Walter V. Shipley         For       For        Management
1.11  Elect  Director John R. Torell III        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Drug Pricing                    Against   Against    Shareholder
4     Amend Animal Testing Policy               Against   Against    Shareholder




============== SALOMON BROTHERS SERIES FUNDS INC - BALANCED FUND ===============




=========== SALOMON BROTHERS SERIES FUNDS INC - CASH MANAGEMENT FUND ===========




=========== SALOMON BROTHERS SERIES FUNDS INC - HIGH YIELD BOND FUND ===========


AIRPLANES PASS-THRU TRUST

Ticker:                      Security ID:  009451
Meeting Date: SEP 19, 2003   Meeting Type: Consent
Record Date:  AUG 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    THE PROPOSED AMENDMENTS                   For       For        Management


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

AIRPLANES PASS-THRU TRUST

Ticker:                      Security ID:  009451
Meeting Date: SEP 19, 2003   Meeting Type: Consent
Record Date:  AUG 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    THE PROPOSED AMENDMENTS                   For       For        Management


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

ALAMOSA HOLDINGS, INC.

Ticker:       APCS           Security ID:  011589207
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ray M. Clapp, Jr.         For       For        Management
1.2   Elect  Director John F. Otto, Jr.         For       For        Management
1.3   Elect  Director Jimmy R. White            For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


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

NTL INCORPORATED

Ticker:       NTLI           Security ID:  62940M104
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jeffrey D. Benjamin       For       For        Management
1.2   Elect  Director David Elstein             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Approve Share Plan Grant                  For       For        Management


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

SPECTRASITE, INC.

Ticker:       SSI            Security ID:  84761M104
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephen H. Clark          For       For        Management
1.2   Elect  Director Paul M. Albert, Jr.       For       For        Management
1.3   Elect  Director Robert Katz               For       For        Management
1.4   Elect  Director Richard Masson            For       For        Management
2     Ratify Auditors                           For       For        Management




=========== SALOMON BROTHERS SERIES FUNDS INC - INSTITUTIONAL MONEY ============
===========                      MARKETS FUND                       ============




=========== SALOMON BROTHERS SERIES FUNDS INC - INTERNATIONAL EQUITY ===========
===========                           FUND                           ===========


ACCOR

Ticker:                      Security ID:  F00189120
Meeting Date: APR 26, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.575 per Share
5     Ratify Cooptation of Gabriele Galateri Di For       For        Management
      Genola as Supervisory Board Member
6     Elect Francis Mayer as Supervisory Board  For       For        Management
      Member
7     Authorize Repurchase of Up to 18 Million  For       For        Management
      Shares
8     Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
9     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 100 Million
11    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 200 Million for Bonus Issue or
      Increase in Par Value
12    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      300 Million
13    Approve Capital Increase Reserved for     For       Abstain    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

ACCOR

Ticker:                      Security ID:  F00189120
Meeting Date: MAY 4, 2004    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.575 per Share
5     Ratify Cooptation of Gabriele Galateri Di For       For        Management
      Genola as Supervisory Board Member
6     Elect Francis Mayer as Supervisory Board  For       For        Management
      Member
7     Authorize Repurchase of Up to 18 Million  For       For        Management
      Shares
8     Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
9     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 100 Million
11    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 200 Million for Bonus Issue or
      Increase in Par Value
12    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      300 Million
13    Approve Capital Increase Reserved for     For       Abstain    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

ACCOR SA

Ticker:       <NULL>         Security ID:  F00189120
Meeting Date: MAY 4, 2004    Meeting Type: MIX
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PLEASE NOTE THAT THE MEETING HELD ON 26   *         No Vote    Management
      APR 2004 HAS BEEN POSTPONED DUE TO LACK
      OF QUORUM AND THAT THE SECOND CONVOCATION
      WILL BE HELD ON 04 MAY 2004. PLEASE ALSO
      NOTE THE NEW CUTOFF DATE AND MEETING
      TIME. IF YOU HAVE ALREADY SENT YOUR
      VOTES, PLEASE DO NO
2     Approve the accounts and the balance      *         For        Management
      sheet for 2003 as presented to it and
      theoperations effected by the Executive
      Committee during said FY
3     Approve the consolidated accounts for the *         For        Management
      FY 2003 as presented to it
4     Approve the special Auditors report, in   *         For        Management
      accordance with the provisions of Article
      L.225-86 of the commercial law and the
      execution of the conventions approved
      previously
5     Approve to appropriate the profits as     *         For        Management
      below: profits for the FY: EUR
      178,461,773.22; prior retained earnings:
      EUR 608,180,748.45; dividend of
      self-detainedshares for the FY 2002: EUR
      1,605,167.55; amount available for
      distribution EUR 788,247,689.22; glob
6     Ratify the co-optation of Mr. Gabriele    *         For        Management
      Galateri Di Genola as a member of the
      Supervisory Board, in replacement of Mr.
      Ifil, for uneffected part of its term
7     Appoint Mr. Francis Mayer as a member of  *         For        Management
      the Supervisory Board for 6 years
8     Authorize the Executive Committee to      *         For        Management
      trade the Company shares on the stock
      exchange as per the following conditions:
      maximum purchase price: EUR 50.00;
      minimum selling price: EUR 30.00; and
      maximum number of shares to be acquired:
      18,000,000  EUR900,000,0
9     Authorize the Executive Committee to      *         For        Management
      cancel shares acquired per Resolution 7
      above, not exceeding 10% over a 24 months
      period and to modify the Articles
      ofAssociation;  Authority expires at the
      end of 18 months, with the agreement
      ofthe Supervisory Board
10    Authorize the Executive Committee to      *         For        Management
      issue shares and securities with
      preferential subscription right for a
      maximum nominal amount of EUR
      200,000,000.00  2,000,000,000.00 for debt
      securities ; subject to the agreement of
      the Supervisory Board  authority e
11    Authorize the Executive Committee to      *         For        Management
      issue shares and securities without
      preferential subscription right for a
      maximum nominal amount of EUR
      100,000,000.001,000,000,000.00 for debt
      securities ; the Executive Committee may
      decide togive a priority to the e
12    Authorize the Executive Board to increase *         For        Management
      the Company share capital by
      incorporation of reserves by a maximum
      nominal amount of EUR 200,000,000.00;
      subjectto the agreement of the
      Supervisory Board  Authority expires at
      the end of 26months
13    Approve that the total share capital      *         For        Management
      increases resulting from Resolutions 9,
      10 and 11 above shall not exceed EUR
      300,000,000.00
14    Authorize the Executive Committee to      *         Abstain    Management
      issue securities giving access to the
      share capital reserved to the employees
      of the Group who subscribed to one of
      theGroup Savings Plans; to total shares
      issued under these conditions or
      resulting from any prior reso
15    Grant all powers to the bearer of a copy, *         For        Management
      or an extract of the minutes of
      thepresent to accomplish all deposits and
      publications prescribed by law
16    A Verification Period exists in France.   *         No Vote    Management
      Please see http://ics.adp.com/marketguide
      for complete information.    Verification
      Period:  Registered Shares: 1 to 5 days
      prior to the meeting date, depends on
      company s by-laws.  Bearer Shares: 6 days
      prior to t


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

ADVANTEST CORP.

Ticker:                      Security ID:  J00210104
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 25, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion - Limit
      Directors' and Statutory Auditors' Legal
      Liability
3     Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Executive Stock Option Plan       For       For        Management


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

AKZO-NOBEL NV

Ticker:       AZKBF          Security ID:  N01803100
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3.1   Approve Financial Statements and          For       For        Management
      Statutory Reports
3.2   Approve Dividends                         For       For        Management
4.1   Approve Discharge of Management Board     For       For        Management
4.2   Approve Discharge of Supervisory Board    For       For        Management
5     Discussion about Company's Corporate      None      None       Management
      Governance Policy
6.1   Approve Stock Option Plan for Management  For       For        Management
      Board
6.2   Approve Restricted Stock Plan for         For       For        Management
      Management Board
6.3   Approve Executive Stock Option Plan       For       For        Management
6.4   Approve Maximum Number of Shares for LTIP For       For        Management
7     Elect Members of Management Board         For       For        Management
8.1   Fix Number of Members of Supervisory      For       For        Management
      Board
8.2   Elect Members of Supervisory Board        For       For        Management
9     Authorize Board to Prepare Financial      For       For        Management
      Statements in English
10    Grant Board Authority to Issue Authorized For       For        Management
      Yet Unissued Shares Restricting/Excluding
      Preemptive Rights
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Other Business (Non-Voting)               None      None       Management


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

ALLIED IRISH BANK PLC

Ticker:       AIB            Security ID:  G02072117
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  APR 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividend of EUR 35 Cents          For       For        Management
3a    Elect Michael Buckley as a Director       For       For        Management
3b    Elect Padraic Fallon as a Director        For       For        Management
3c    Elect Dermot Gleeson as a Director        For       For        Management
3d    Elect Derek Higgs as a Director           For       For        Management
3e    Elect Gary Kennedy as a Director          For       For        Management
3f    Elect John McGuckian as a Director        For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      KPMG Auditors
5     Authorize Share Repurchase of 90 Million  For       For        Management
      Shares, Representing 10 Percent of the
      Share Capital
6     Authorize Reissuance of Repurchased       For       For        Management
      Shares
7     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights, Representing 5 Percent
      of the Share capital
8     Approve Stock Dividend Program            For       For        Management
9a    Remove Adrian Burke as a Director         Against   Against    Shareholder
9b    Remove Colm Doherty as a Director         Against   Against    Shareholder
9c    Remove Don Godson as a Director           Against   Against    Shareholder
9d    Remove Aidan McKeon as a Director         Against   Against    Shareholder
9e    Remove Carol Moffett as a Director        Against   Against    Shareholder
9f    Remove Jim O'Leary as a Director          Against   Against    Shareholder
9g    Remove Michael Sullivan as a Director     Against   Against    Shareholder
9h    Remove Robert Wilmers as a Director       Against   Against    Shareholder
10    Remove KPMG as Auditors                   Against   Against    Shareholder
11    Appoint Niall Murphy, a Shareholder       Against   Against    Shareholder
      Nominee, as a Director


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

ALTANA AG

Ticker:       <NULL>         Security ID:  D03304108
Meeting Date: MAY 5, 2004    Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the Company s annual and          *         For        Management
      consolidated earnings as well as the
      report of the Supervisory Board for the
      business year 2003
2     Approve the appropriation of profits and  *         For        Management
      a possible dividend payment of EUR 0.83
      per share
3     Ratify the acts of the Managing Board for *         For        Management
      2003
4     Ratify the acts of the Supervisory Board  *         For        Management
5     Elect Mr. Justus Mische as a Supervisory  *         For        Management
      Board
6     Approve the election of Auditors, they    *         For        Management
      suggest PWC Deutsche revision AG,
      Frankfurt AM Main
7     Approve the resolution on the approved    *         For        Management
      capital and change of articles
8     Grant authority to purchase own shares    *         For        Management


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

ALTANA AG

Ticker:                      Security ID:  D03304108
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.83 per Share
3     Approve Discharge of Management Board     For       For        Management
4     Approve Discharge of Supervisory Board    For       For        Management
5     Reelect Justus Mische to the Supervisory  For       For        Management
      Board
6     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors
7     Approve Creation of EUR 28 Million and    For       For        Management
      EUR 14 Million Pool of Conditional
      Capital with Preemptive Rights; Approve
      Creation of a EUR 28 Million Pool of
      Conditional Capital without Preemptive
      Rights
8     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares


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

ASTRAZENECA PLC

Ticker:       <NULL>         Security ID:  G0593M107
Meeting Date: APR 29, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the Director s report and         *         For        Management
      accounts for the YE 31 DEC 2003
2     Approve the dividends                     *         For        Management
3     Re-appoint KPMG Audit PLC, London as      *         For        Management
      Auditor
4     Authorize the Directors to agree to the   *         For        Management
      remuneration of the Auditor
5     Elect Mr. Percy Barnevik as a Director    *         For        Management
6     Elect Mr. Hakan Mogren as a Director      *         For        Management
7     Elect Sir. Tom Mckillop as a Director     *         For        Management
8     Elect Mr. Jonathan Symonds as a Director  *         For        Management
9     Elect Sir. Peter Bonfield as a Director   *         For        Management
10    Elect Mr. John Buchanan as a Director     *         For        Management
11    Elect Ms. Jane Henney as a Director       *         For        Management
12    Elect Mr. Michele Hooper as a Director    *         For        Management
13    Elect Mr. Joe Jimenez as a Director       *         For        Management
14    Elect Mr. Ema Moller as a Director        *         For        Management
15    Elect Mr. Dame Bridget Ogilvie as a       *         For        Management
      Director
16    Elect Mr.Louis Schweitzer as a Director   *         For        Management
17    Elect Mr. Marcus Wallenberg as a Director *         For        Management
18    Approve the Director s remuneration       *         For        Management
      report for the YE 31 DEC 2003
19    Adopt new Articles of Association         *         For        Management
20    Grant authority for limited EU political  *         For        Management
      donations
21    Authorize the Directors to allot unissued *         For        Management
      shares
22    Authorize the Directors to disapply       *         For        Management
      pre-emption rights
23    Authorize the Company to purchase its own *         For        Management
      shares
24    Grant authority to increase of capital on *         For        Management
      non-executive Director s remuneration


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

ASTRAZENECA PLC (FORMERLY ZENECA PLC)

Ticker:       ZEN            Security ID:  G0593M107
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Confirm First Interim Dividend of USD     For       For        Management
      0.255 Per Ordinary Share and Confirm as
      the Final Dividend the Second Interim
      Dividend of USD 0.540 Per Ordinary Share
3     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
4     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
5a    Re-elect Percy Barnevik as Director       For       For        Management
5b    Re-elect Hakan Mogren as Director         For       For        Management
5c    Re-elect Sir Tom McKillop as Director     For       For        Management
5d    Re-elect Jonathan Symonds as Director     For       For        Management
5e    Re-elect Sir Peter Bonfield as Director   For       For        Management
5f    Re-elect John Buchanan as Director        For       For        Management
5g    Re-elect Jane Henney as Director          For       For        Management
5h    Elect Michele Hooper as Director          For       For        Management
5i    Elect Joe Jimenez as Director             For       For        Management
5j    Re-elect Erna Moller as Director          For       For        Management
5k    Re-elect Dame Bridget Ogilvie as Director For       For        Management
5l    Elect Louis Schweitzer as Director        For       For        Management
5m    Re-elect Marcus Wallenberg as Director    For       For        Management
6     Approve Remuneration Report               For       For        Management
7     Adopt New Articles of Association         For       For        Management
8     Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of USD 150,000
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 140,456,500
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 21,068,745
11    Authorise up to 10 Percent of the         For       For        Management
      Company's Issued Share Capital for Market
      Purchase
12    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 750,000
      to GBP 1,100,000


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

AUSTRALIA & NEW ZEALAND BANKING GROUP LTD

Ticker:       <NULL>         Security ID:  Q09504137
Meeting Date: AUG 13, 2003   Meeting Type: OGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the specified terms of the        *         For        Management
      selective buy-back agreement relating to
      the preference shares issued by the
      Company in SEP 1998 and NOV 1998
2     Amend the Company s Constitution by       *         For        Management
      adding Rule 23.10 immediately after Rule
      23.9
3     Approve to issue, for all purposes        *         For        Management
      including the listing rules of the
      Australian Stock Exchange Ltd, of up to
      12,500,000 reset preferred securities at
      an issue price of AUD 100 each, to raise
      up to AUD 1,250, substantially on the
      specified general terms a


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

AUSTRALIA & NEW ZEALAND BANKING GROUP LTD

Ticker:       <NULL>         Security ID:  Q09504137
Meeting Date: DEC 19, 2003   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the annual report, financial      *         No Vote    Management
      statements and the reports of the
      Directors and the Auditors for the YE 30
      SEP 2003
2     Re-elect Mr. J.C. Dahlsen as a Director,  *         For        Management
      who retires in accordance with the
      Company s Constitution
3     Re-elect Mr. C.B. Goode as a Director,    *         For        Management
      who retires in accordance with the
      Company s Constitution
4     PLEASE NOTE THAT THIS IS A SHAREHOLDERS   *         No Vote    Shareholder
      PROPOSAL: Elect Ms. J.I. Buckland as
      aDirector
5     PLEASE NOTE THAT ALTHOUGH THERE ARE 3     *         No Vote    Management
      CANDIDATES TO BE ELECTED AS DIRECTORS,
      THERE ARE ONLY 2 VACANCIES AVAILABLE TO
      BE FILLED AT THE MEETING. THE
      STANDINGINSTRUCTIONS FOR THIS MEETING
      WILL BE DISABLED AND, IF YOU CHOOSE, YOU
      ARE REQUIRED TO VOTE FOR ONLY


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

BANCO BILBAO VIZCAYA ARGENTARIA SA BBVA, BILBAO

Ticker:       <NULL>         Security ID:  E11805103
Meeting Date: FEB 27, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the annual accounts  balance      *         For        Management
      sheet, profit and loss account and
      annualreport  and the management report
      of the Banco Bilbao Vizcaya Argentaria,
      S.A. and its consolidated financial
      Group, the application of earnings,
      dividenddistribution and the Co
2     Approve to cancel the resolution adopted  *         For        Management
      by the ordinary general
      shareholdersmeeting held on 09 MAR 2002
      under item three of the agenda, partially
      executedby the Board of Directors, and to
      delegate to the Board of Directors the
      power to set an increase, f
3     Approve to cancel the resolutions adopted *         For        Management
      by the Company s general shareholders
      meeting of 09 MAR 2002, under item four
      of the agenda, and to authorize tothe
      Board of Directors to issue bonds,
      convertible and/or exchangeable with the
      bank shares, for a ma
4     Amend the following Articles of the       *         For        Management
      Corporate Bye-laws: Article 24, Article
      29, Article 31, Article 34, Article 35,
      Article 37, Article 38 and Article 45
5     Approve the general meeting code of       *         For        Management
      conduct, when appropriate; and
      acknowledgethe Board of Directors code of
      conduct to the general meeting
6     Approve to delegate the powers for        *         For        Management
      requesting the admission and exclusion of
      quotation on the foreign stock exchange
      markets of the Banco Bilbao Vizcaya
      Argentaria, S.A.
7     Authorize the Company to acquire its      *         For        Management
      treasury stock, directly or through its
      Group Companies, in accordance with
      Article 75 of the Spanish Company Law
      leyde sociedades anonimas , establishing
      the limits or requirements for these
      acquisitions, and with th
8     Re-elect the Auditors for 2004            *         For        Management
9     Ratify and re-elect, when appropriate, of *         For        Management
      Members of the Board of Directors
10    Approve to transfer freely available      *         For        Management
      reserves to a special fund for covering
      the costs of possible extraordinary plans
      for early retirements, to the amountand
      under the terms and conditions that the
      Bank of Spain may authorize
11    Authorize the Board of Directors, with    *         For        Management
      express right for its substitution,
      toformalize, correct, interpret and
      implement resolutions adopted by this
      shareholders meeting


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

BARCLAYS PLC

Ticker:       MVCI           Security ID:  G08036124
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Sir Richard Broadbent as Director   For       For        Management
4     Elect Roger Davis as Director             For       For        Management
5     Elect Gary Hoffman as Director            For       For        Management
6     Elect Naguib Kheraj as Director           For       For        Management
7     Elect David Roberts as Director           For       For        Management
8     Re-elect Sir Peter Middleton as Director  For       For        Management
9     Re-elect Stephen Russell as Director      For       For        Management
10    Re-elect Christopher Lendrum as Director  For       For        Management
11    Re-elect Sir Brian Jenkins as Director    For       For        Management
12    Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
13    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
14    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 82,053,000
15    Authorise 984,600,000 Ordinary Shares for For       For        Management
      Market Purchase


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

BAYER AG

Ticker:       BAY            Security ID:  D07112119
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements, Statutory   For       For        Management
      Reports, and Board Reports; Approve
      Allocation of Income and Dividends of EUR
      0.50 Per Share
2     Approve Discharge of Management Board     For       For        Management
3     Approve Discharge of Supervisory Board    For       For        Management
4     Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 4 Billion
      with Preemptive Rights; Approve Creation
      of EUR 186.9 Million Pool of Conditional
      Capital to Guarantee Conversion Rights
5     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
6     Approve Restructuring Plan                For       For        Management
7     Approve Affiliation Agreements with       For       For        Management
      Subsidiaries
8     Amend Articles Re: Renumeration of        For       For        Management
      Supervisory Board Members
9     Ratify PWC Deutsche Revision AG as        For       For        Management
      Auditors


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

BAYER AG, LEVERKUSEN

Ticker:       <NULL>         Security ID:  D07112119
Meeting Date: APR 30, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the financial statements, the     *         For        Management
      annual report, the Supervisory Board
      report, the Group financial statements
      and the Group annual report for the 2003
      FY; approve to the distributable profit
      of EUR 365,170,960 as: payment of a
      dividend of EUR 0.50 per
2     Ratify the acts of the Board of Managing  *         For        Management
      Directors
3     Ratify the acts of the Supervisory Board  *         For        Management
4     Authorize the Board of Managing Directors *         For        Management
      to issue bearer bonds of up to EUR
      4,000,000,000 having a term of up to 3
      years and conferring conversion and or
      option rights for new shares of the
      Company, on or before 29 APR 2009; grant
      the shareholders the su
5     Authorize the Board of Managing Directors *         For        Management
      to acquire shares of the Company ofupto
      10% of the share capital, at a price not
      differing more than 10% from themarket
      price of the shares, on or before 29 OCT
      2005; authorize the Board ofMDs to
      dispose the share
6     Approve restructuring measures including  *         For        Management
      the partial transfer of the
      Companyschemical and polymer activities
      to Lanxess
7     Approve the Companys profit transfer      *         For        Management
      agreements with its wholly-owned
      subsidiaries Dritte BV GmbH, Vierte BV
      GmbH, GeWoGE Gesellschaft fuer Wohnen and
      Gebaeudemanagement mbH and Bayer
      Gesellschaft fuer Beteiligungen mbH
      effective retroactively from 01 JAN
8     Amend the Article of Association in       *         For        Management
      respect of each member of the
      SupervisoryBoard receiving an annual
      remuneration of EUR 40,000 plus EUR 2,000
      for everyEUR 50,000,000 or part thereof
      by which the gross cash flow of the past
      FY exceeds EUR 3,100,000,000
9     Appoint PwC, Essen, as the Auditors for   *         For        Management
      the FY 2004


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

BAYER AG, LEVERKUSEN

Ticker:       <NULL>         Security ID:  D07112119
Meeting Date: APR 30, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the financial statements and the  *         For        Management
      annual report for the FY 2003 with the
      report of the Supervisory Board, the
      group financial statements and the group
      annual report and approve the
      appropriation of the distributable profit
      of EUR 365,170,960 as fol
2     Ratify the acts of the Board of Managing  *         For        Management
      Directors
3     Ratify the acts of the Supervisory Board  *         For        Management
4     Authorize the Board of Managing Directors *         For        Management
      with the consent of the SupervisoryBoard,
      to issue bearer bonds of up to EUR
      4,000,000,000, having a term of up to 30
      years and conferring convertible and/or
      option rights for new shares of the
      company, on or befo
5     Authorize the Board of Managing Directors *         For        Management
      to acquire shares of the company ofup to
      10% of the share capital, at a price not
      differing more than 10% from the market
      price of the shares, on or before 29 OCT
      2005 and authorize the Boardof Managing
      Directors
6     Approve the restructuring measures,       *         For        Management
      including the partial transfer of the
      Company s chemical and the polymer
      activities to Lanxess
7     Approve the companys profit transfer      *         For        Management
      agreements with its wholly-owned
      subsidiaries Dritte BV GmbH, Vierte BV
      GmbH, GeWoGE Gesell-schaft fuer Wohnen
      und Gebaeudemanagement mbH, and Bayer
      Gesellschaft fuer Beteiligungen mbH,
      effective retroactively from 01
8     Amend the Articles of Association in      *         For        Management
      respect of each member of the
      SupervisoryBoard receiving an annual
      remuneration of EUR 40,000 plus EUR 2,000
      for everyEUR 50,000,000 or part thereof
      by which the gross cash flow of the past
      FY exceeds EUR 3,100,000,000
9     Appoint PwC, Essen as the Auditors for    *         For        Management
      the FY 2004


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

BAYERISCHE MOTOREN WERKE AG (BMW)

Ticker:                      Security ID:  D12096109
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.58 per Common Share
      and EUR 0.60 per Preference Share
3     Approve Discharge of Management Board     For       For        Management
4     Approve Discharge of Supervisory Board    For       For        Management
5     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors
6     Elect Volker Doppelfeld, Franz Haniel,    For       For        Management
      Arthur Kelly, Susanne Klatten, Hubert
      Markl, Wolfgang Mayrhuber, Joachim
      Milberg, Stefan Quandt, Juergen Strube,
      and Hans-Dietrich Winkhaus to the
      Supervisory Board


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

BHP BILLITON PLC

Ticker:       <NULL>         Security ID:  G10877101
Meeting Date: OCT 24, 2003   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the financial statements for BHP  *         For        Management
      Billiton Limited for the YE 30 JUN 2003,
      together with the Directors  report and
      the Auditors  report in the annualreport
2     Receive the financial statements for BHP  *         For        Management
      Billiton PLC for the YE 30 JUN
      2003,together with the Directors  report
      and the Auditors  report in the annual
      report
3     Re-elect Mr. D.C. Brinks as a Director of *         For        Management
      BHP Billiton Limited, who retires
      byrotation
4     Re-elect Mr. D.C. Brinks as a Director of *         For        Management
      BHP Billiton PLC, who retires by rotation
5     Re-elect Mr. M.A. Chaney as a Director of *         For        Management
      BHP Billiton Limited, who retires
      byrotation
6     Re-elect Mr. M.A. Chaney as a Director of *         For        Management
      BHP Billiton PLC, who retires by rotation
7     Re-elect Lord Renwick of Clifton as a     *         For        Management
      Director of BHP Billiton Limited, who
      retires by rotation
8     Re-elect Lord Renwick of Clifton as a     *         For        Management
      Director of BHP Billiton PLC, who retires
      by rotation
9     Elect Mr. M. Salamon as a Director of BHP *         For        Management
      Billiton Limited
10    Elect Mr. M. Salamon as a Director of BHP *         For        Management
      Billiton PLC
11    Elect Mr. Dr. J G Buchanan as a Director  *         For        Management
      of BHP Billiton Limited
12    Elect Mr. Dr. J G Buchanan as a Director  *         For        Management
      of BHP Billiton PLC
13    Re-appoint KPMG Audit PLC and             *         For        Management
      PricewaterhouseCoopers LLP as the
      auditors of BHP Billiton PLC and
      authorize the Directors to agree their
      remuneration
14    Approve to renew the authority and power  *         For        Management
      to allot relevant securities conferred on
      the Directors by Article 9 of BHP
      Billiton PLC   s Articles of Association
      for the period ending on the date of the
      BHP Billiton PLC AGM in 2004 or on23 JAN
      2005 whichever
15    Approve to renew the authority and power  *         For        Management
      to allot equity securities for cash
      conferred on the Directors by Article 9
      of BHP Billiton PLC   s Articles of
      Association for the period referred to in
      such resolution and for such period
      thesection 89 amount  un
16    Authorize the BHP Billiton PLC, in        *         For        Management
      accordance with Article 6 of the Articles
      of Association of the Company and Section
      166 of the Companies Act 1985, to make
      market purchases  Section 163  of up to
      246,814,700 ordinary shares of USD 0.50
      nominal value eac
17    Approve the remuneration report for the   *         For        Management
      YE 30 JUN 2003
18    Approve, for all purposes, including for  *         For        Management
      the purpose of ASX Listing Rule 10.14,
      the grant of deferred shares, options and
      performance shares to Executive Director
      and Chief Executive Officer, Mr. C. W.
      Goodyear, under the BHP BillitonLimited
      Group Incenti
19    Approve, for all purposes, including for  *         For        Management
      the purpose of ASX Listing Rule 10.14,
      the grant of deferred shares, options and
      performance shares to Executive Director
      and Senior Minerals Executive, Mr. M.
      Salamon, under the BHP Billiton Limited
      Group Incentiv


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

BNP PARIBAS SA (FM. BANQUE NATIONALE DE PARIS)

Ticker:                      Security ID:  F1058Q238
Meeting Date: MAY 13, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2.175 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Authorize Issuance of Bonds/Debentures in For       For        Management
      the Nominal Value of Up to EUR 30 Billion
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Reelect Louis Schweitzer as Director      For       For        Management
8     Reelect Lindsay Owen-Jones as Director    For       For        Management
9     Confirm Expiration of Term of David Peake For       For        Management
      as Director
10    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 1 Billion
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 340 Million
13    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 1 Billion for Bonus Issue or
      Increase in Par Value
14    Allow Board to Issue Shares in the Event  For       For        Management
      of a Public Tender Offer or Share
      Exchange Offer, Subject to Certain
      Conditions
15    Amend Terms of Capital Increase Reserved  For       For        Management
      for Employees Participating in
      Savings-Related Share Purchase Plan
      Submitted to Shareholder Vote at May 14,
      2003, AGM/EGM
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Amend Articles of Association Re: Role of For       For        Management
      Chairman, Access to Information, Internal
      Control Procedures, Convening of Board
      Meetings, and Signing of the Minutes of
      Board Meetings
18    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

BNP PARIBAS SA (FM. BANQUE NATIONALE DE PARIS)

Ticker:                      Security ID:  F1058Q238
Meeting Date: MAY 28, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2.175 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Authorize Issuance of Bonds/Debentures in For       For        Management
      the Nominal Value of Up to EUR 30 Billion
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Reelect Louis Schweitzer as Director      For       For        Management
8     Reelect Lindsay Owen-Jones as Director    For       For        Management
9     Confirm Expiration of Term of David Peake For       For        Management
      as Director
10    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 1 Billion
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 340 Million
13    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 1 Billion for Bonus Issue or
      Increase in Par Value
14    Allow Board to Issue Shares in the Event  For       For        Management
      of a Public Tender Offer or Share
      Exchange Offer, Subject to Certain
      Conditions
15    Amend Terms of Capital Increase Reserved  For       For        Management
      for Employees Participating in
      Savings-Related Share Purchase Plan
      Submitted to Shareholder Vote at May 14,
      2003, AGM/EGM
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Amend Articles of Association Re: Role of For       For        Management
      Chairman, Access to Information, Internal
      Control Procedures, Convening of Board
      Meetings, and Signing of the Minutes of
      Board Meetings
18    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

BOC GROUP PLC

Ticker:       <NULL>         Security ID:  G12068113
Meeting Date: JAN 23, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the report of the Directors and   *         For        Management
      the audited accounts for the YE 30
      SEP2003
2     Approve the Directors  remuneration       *         For        Management
      report for the YE 30 SEP 2003
3     Elect Mr. Andrew Bonfield as a Director,  *         For        Management
      who retires in accordance with Article 86
4     Re-elect Sir Christopher O Donnell as a   *         For        Management
      Director, who retires by rotation
5     Re-elect Ms. Julie Baddeley as a          *         For        Management
      Director, who retires by rotation
6     Re-elect Mr. John Walsh as a Director,    *         For        Management
      who retires by rotation
7     Re-appoint PricewaterhouseCoopers, LLP,   *         For        Management
      as the Auditors of the Company until the
      conclusion of the next general meeting
      before which accounts are laid
8     Authorize the Directors to determine the  *         For        Management
      Auditors  remuneration
9     Approve the Company dividend policy       *         For        Management
10    Authorize the Company, for the purposes   *         For        Management
      of Part XA of the Companies Act 1985,to
      make donations to EU political
      organization and to incur EU political
      expenditure up to a maximum aggregate
      amount of GBP 150,000;  Authority expires
      atthe end of the next AGM
11    Authorize the Directors, pursuant to      *         For        Management
      Section 80 of the Companies Act 1985,
      toallot relevant securities  Section 80
      up to an aggregate nominal amount of GBP
      18,580,721;  Authority expires the
      earlier of the conclusion of the next
      AGMor 15 months ; and the
12    Authorize the Directors, subject to the   *         For        Management
      passing of Resolution 11 and pursuantto
      Section 95 of the Companies Act 1985, to
      allot equity securities  Section 94  for
      cash, disapplying the statutory
      pre-emption rights  Section 89(1) ,
      provided that this power
13    Authorize the Company, for the purpose of *         For        Management
      Section 166 of the Companies Act 1985, to
      make market purchases  Section 163(3)  of
      up to 49,778,680 ordinary shares, at a
      minimum price of 25p and not more than 5%
      above the average middle market
      quotations for s
14    Amend the Articles of Association         *         For        Management


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

BOUYGUES SA

Ticker:                      Security ID:  F11487125
Meeting Date: APR 22, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.75 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Ratify Cooptation of Charles de Croisset  For       For        Management
      as Director
6     Ratify Cooptation of Thierry Jourdaine as For       For        Management
      Director
7     Reelect Charles de Croisset as Director   For       For        Management
8     Reelect Yves Gabriel as Director          For       For        Management
9     Reelect Financiere Pinault as Director    For       For        Management
10    Elect Alain Pouyat as Director            For       For        Management
11    Reappoint Mazars & Guerard as Auditors    For       For        Management
12    Reappoint Thierry Colin as Alternate      For       For        Management
      Auditor
13    Authorize Issuance of Bonds/Debentures in For       For        Management
      the Aggregate Value of up to EUR 4
      Billion
14    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Capital
15    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 150 Million
16    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 150 Million
17    Allow Board to Use All Outstanding        For       Against    Management
      Capital Authorizations in the Event of a
      Public Tender Offer or Share Exchange
      Offer
18    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
19    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
20    Approve Stock Option Plan Grants          For       Against    Management
21    Amend Articles to Reflect 2003 Financial  For       For        Management
      Security Legislation Re: Responsibilities
      of the Chairman
22    Amend Articles to Reflect 2003 Financial  For       For        Management
      Security Legislation Re: Access to
      Company Information
23    Authorize Filing of Required              For       Abstain    Management
      Documents/Other Formalities


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

BOUYGUES, GUYANCOURT

Ticker:       <NULL>         Security ID:  F11487125
Meeting Date: APR 22, 2004   Meeting Type: MIX
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the accounts and the balance      *         For        Management
      sheet for the FY 2003, of net profits
      EUR216,422,001.36 and grant permanent
      discharge to the Directors on completion
      of their assignments for the FY 2003
2     Approve the consolidated accounts at 31   *         For        Management
      DEC 2003, of net profits Group sharesEUR
      450,000,000.00
3     Approve the appropriation of profits as   *         For        Management
      follows: profits for the FY: EUR
      219,302,777.88; special reserve on long
      term capital gain: EUR 5,437,937.00;
      globaldividend: EUR 16,659,988.45;
      additional dividend: 149,939,986.05;
      balance carried forward: EUR 47,2
4     Approve the Special Auditors report, in   *         For        Management
      accordance with the provisions of
      Articles L.225-40 and l.225-38 of the
      French Commercial Law
5     Appoint Mr. Charles De Croisset as a      *         For        Management
      Director replacing Mr. Alain Pouyat,
      forthe uneffected part of his term
6     Appoint Mr. Thierry Jourdaine as a        *         For        Management
      Director replacing Mr. Daniel
      Devillebichot, for the uneffected part of
      his term
7     Approve to renew the term of office of    *         For        Management
      Mr. Charles De Croisset as a Director for
      6 years
8     Approve to renew the term of office of    *         For        Management
      Mr. Yves Gabriel as a Director for 6
      years
9     Approve to renew the term of office of    *         For        Management
      Mr. Financiere Pinault as a Director for
      6 years
10    Appoint Mr. Alain Pouyat as a Director    *         For        Management
      for 6 years
11    Approve to renew the term of office of    *         For        Management
      Mazars Et Guerard as the Auditor for
      6years
12    Approve to renew the term of office of    *         For        Management
      Thierry Colin as the Deputy Auditor for6
      years
13    Authorize the Board, in substitution for  *         For        Management
      the authority of the CGM on 25 May 2000,
      to issue debt securities for a maximum
      amount of EUR 4,000,000,000.00,
      securities with interest rate and/or
      premium should be included in this
      amount;Authority expires at th
14    Authorize the Board, in substitution for  *         For        Management
      the authority of the CGM on 24 APR 2003,
      to repurchase the Company shares at a
      maximum price of 1,000,000,000.00;not
      exceeding 10% of the share capital ; to
      trade the Company s shares on thestock
      exchange in view o
15    Authorize the Board, in substitution for  *         For        Management
      the authority of the CGM on 25 APR 2002,
      to increase the share capital by issuing
      shares and securities, giving access to
      the share capital with preferential
      subscription right and by incorporation
      of reserves, not
16    Authorize the Board, in substitution for  *         For        Management
      the authority of the CGM on 25 APR 2002,
      to issue shares and securities capital by
      issuing shares and securities, giving
      access to the share capital with
      preferential subscription right and
      byincorporation of reser
17    Approve that Resolution 15 and 16 above   *         Against    Management
      shall be used in a period of take-overbid
      or exchange the amount of EUR
      150,000,000,000.00; the authority is
      validtill the meeting called to
      deliberate on the 2004 accounts and
      approve the subscribers to the 1.70% 1
18    Authorize the Board to issue shares to be *         Against    Management
      paid-up in cash, not exceeding 10% of the
      share capital, this share issue be
      reserved to the employees of the Group
      who subscribed to 1 of the Group Saving
      Plans, such capital increase shall not
      exceed 10% of the
19    Grant all power to the Board to decrease  *         For        Management
      the share capital, by canceling
      repurchased shares, not exceeding 10% of
      the share capital in 24 months; reduce
      theshare capital and modify the Articles
      accordingly;  Authority expires at theend
      of 18 months ;
20    Authorize the Board to issue options to   *         Against    Management
      subscribe or to buy shares, in accordance
      with Article L.225-182 of the French
      Decree of 23 MAR 1967, these optionsshall
      be exercised not later than 7 years after
      they are granted and are reserved to some
      categories
21    Modify the By-laws Articles 13 in         *         For        Management
      accordance with financial security law
22    Modify the By-laws Articles 15 in         *         For        Management
      accordance with financial security law
23    Delegate all powers for the Board of      *         Abstain    Management
      Directors to grant stock options
24    A Verification Period exists in France.   *         No Vote    Management
      Please see http://ics.adp.com/marketguide
      for complete information.    Verification
      Period:  Registered Shares: 1 to 5 days
      prior to the meeting date, depends on
      company s by-laws.  Bearer Shares: 6 days
      prior to t


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

BP PLC

Ticker:       <NULL>         Security ID:  G12793181
Meeting Date: APR 15, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Re-elect the Lord Browne of Madingley as  *         For        Management
      a Director
2     Re-elect Dr. B. E. Grote as a Director    *         For        Management
3     Re-elect Mr. H. M. P. Miles as a Director *         For        Management
4     Re-elect Sir Robin Nicholson as a         *         For        Management
      Director
5     Re-elect Mr. R. L. Olver as a Director    *         For        Management
6     Re-elect Sir Ian Prosser as a Director    *         For        Management
7     Elect Mr. A. Burgmans as a Director       *         For        Management
8     Reappoint Ernst & Young LLP as Auditors   *         For        Management
      until the conclusion of the next GM
      before which accounts are laid and
      authorize the Directors to set the
      Auditorsremuneration for 2004
9     Amend the Company s Articles of           *         For        Management
      Association (a) with immediate effect, by
      inserting the words,  or otherwise in
      accordance with section 95 of the Act,
      intoArticle 13(B)(ii) directly after the
      word  authority ; and (b) with effect
      from the conclusion of t
10    Renew the Directors  authority by Article *         For        Management
      13 of the Company s Articles of
      Association to allot relevant securities
      up to an aggregate nominal amount equal
      to the Section 80 amount of USD 1,820
      million; for the period ending on the
      date of the Annual Gener
11    Renew the Directors authority by Article  *         For        Management
      13 of the Company s Articles of
      Association to allot equity securities
      wholly for cash (a) in connection with a
      rights issue; and (b) otherwise than in
      connection with a rights issue up to an
      aggregate nominal amou
12    Authorize the Company generally and       *         For        Management
      unconditionally to make market purchases
      (as defined in Section 163(3) of the
      Companies Act 1985) of ordinary shares
      with nominal value of USD 0.25 each in
      the company, provided that: (a) the
      Company does not purchase u
13    Authorize the Company to use shares held  *         For        Management
      in treasury for the purposes of or
      pursuant to the employee share schemes
      operated by the Company
14    Approve the Directors  remuneration       *         For        Management
      report for the YE 31 DEC 2003
15    Determine, in accordance with Article 91  *         For        Management
      of the Company s Articles of Association,
      that the remuneration of the Directors
      shall be such amount as the Directors
      shall decide not exceeding in aggregate
      GBP 2,500,000 per annum
16    Receive the report of the Directors and   *         For        Management
      accounts for the YE 31 DEC 2003
17    PLEASE NOTE THAT THIS IS A SHAREHOLDER    *         Against    Shareholder
      RESOLUTION: Approve, shareholders
      instruct the company to prepare a report
      disclosing, as appropriate, how the
      company analyses and takes steps to
      control significant risks to shareholder
      value from operating in prot


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

BP PLC  (FORM. BP AMOCO PLC )

Ticker:       BP.PP          Security ID:  G12793181
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Re-elect The Lord Browne of Madingley as  For       For        Management
      Director
2     Re-elect Byron Grote as Director          For       For        Management
3     Re-elect Michael Miles as Director        For       For        Management
4     Re-elect Sir Robin Nicholson as Director  For       For        Management
5     Re-elect Dick Olver as Director           For       For        Management
6     Re-elect Sir Ian Prosser as Director      For       For        Management
7     Elect Antony Burgmans as Director         For       For        Management
8     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Amend Articles of Association Re:         For       For        Management
      Treasury Shares and Annual Retirement of
      Directors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 1,820 Million
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 273 Million
12    Authorise 2.2 Billion Shares for Market   For       For        Management
      Purchase
13    Authorise the Company to use Treasury     For       For        Management
      Shares for the Purpose of the Employee
      Share Schemes Operated by the Company
14    Approve Remuneration Report               For       For        Management
15    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 1.5
      Million to GBP 2.5 Million
16    Accept Financial Statements and Statutory For       For        Management
      Reports
17    Require the Company to Prepare a Report   Against   Against    Shareholder
      Re: Mitigating Risks to Shareholder Value
      when Operating in Protected and Sensitive
      Areas


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

BRAMBLES INDUSTRIES LTD

Ticker:       <NULL>         Security ID:  Q17481104
Meeting Date: NOV 18, 2003   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the Directors  report, Auditors   *         For        Management
      report and the financial statements for
      Brambles Industries Limited for the YE 30
      JUN 2003
2     Receive the reports and the accounts for  *         For        Management
      Brambles Industries PLC for the YE 30JUN
      2003
3     Approve the Brambles  remuneration report *         For        Management
      for the YE 30 JUN 2003, as containedin
      the Brambles Industries PLC annual review
      2003
4     Re-elect Mr. R.D. Brown as a Director to  *         For        Management
      the Board of Brambles Industries Limited,
      who retires by rotation
5     Re-elect Mr. R.D. Brown as a Director to  *         For        Management
      the Board of Brambles Industries PLC,who
      retires by rotation
6     Re-elect Sir. C.K. Chow as a Director to  *         Abstain    Management
      the Board of Brambles Industries Limited,
      who retires by rotation
7     Re-elect Sir. C.K. Chow as a Director to  *         Abstain    Management
      the Board of Brambles Industries PLC,who
      retires by rotation
8     Re-elect Sir. David Lees as a Director to *         For        Management
      the Board of Brambles Industries Limited,
      who retires by rotation
9     Re-elect Sir. David Lees as a Director to *         For        Management
      the Board of Brambles Industries PLC, who
      retires by rotation
10    Re-elect Mr. R.C. Milne as a Director to  *         For        Management
      the Board of Brambles Industries Limited,
      who retires by rotation
11    Re-elect Mr. R.C. Milne as a Director to  *         For        Management
      the Board of Brambles Industries PLC,who
      retires by rotation
12    Re-appoint PricewaterhouseCoopers LLP as  *         For        Management
      the Auditors of Brambles Industries PLC
      until the conclusion of the next general
      meeting at which the accounts arelaid
      before that Company
13    Authorize the Directors to agree the      *         For        Management
      Auditors  fees
14    Approve to renew the authority given to   *         For        Management
      the Directors, by Article 7 of Brambles
      Industries PLC s Articles of Association,
      to allot relevant securities untilthe end
      of the AGM to be held in 2004 and for
      that period Section 80 amount shall be
      AUD 8,812,882
15    Approve to renew the authority given to   *         For        Management
      the Directors by Article 7 of
      BramblesIndustries PLC s Articles of
      Association, to allot equity securities
      for cashuntil the end of the AGM to be
      held in 2004 and for that period Section
      89 amount shall be AUD 1,809
16    Authorize Brambles Industries PLC to make *         For        Management
      market purchases  Section 163(3) ofUK
      Companies Act 1985  of up to 72,374,235
      ordinary shares of 5 pence each which may
      be purchased by Brambles Industries PLC,
      at a minimum price of 5 penceand up to
      105% of the a
17    Approve for all purposes, the rules of    *         For        Management
      the Brambles Industries Limited dividend
      reinvestment plan, including the
      Australian Stock Exchange Listing Rules
      7.2and 10.12
18    Authorize the Directors to: a) exercise   *         For        Management
      the power contained in the Articles
      ofAssociation of Brambles Industries PLC
      so that, to the extent and in the manner
      determined by the Directors, the holders
      of ordinary shares in Brambles Industries
      PLC be permitt
19    Amend the Brambles Industries PLC         *         For        Management
      Articles of Association by deleting the
      existing paragraph (b) of Article 63 and
      substituting a new paragraph


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

BRITISH SKY BROADCASTING GROUP PLC

Ticker:       <NULL>         Security ID:  G15632105
Meeting Date: NOV 14, 2003   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive and adopt the financial           *         For        Management
      statements for the YE 30 JUN 2003,
      together with the report of the Directors
      and the Auditors thereon
2     Elect Mr. Lord Wilson of Dinton as a      *         For        Management
      Director
3     Elect Mr. James Murdoch as a Director     *         For        Management
4     Elect Mr. Chase Carey as a Director       *         For        Management
5     Re-appoint Mr. David Evans as a Director  *         For        Management
6     Re-appoint Mr. Lord St. John of Fawsky as *         Against    Management
      a Director
7     Re-appoint Mr. Martin Stewart as a        *         For        Management
      Director
8     Re-appoint Deloitte & Touche LLP as the   *         For        Management
      Auditors and authorize the Directors to
      agree their remuneration
9     Receive the remuneration report of the    *         For        Management
      Directors for the YE 30 JUN 2003
10    Authorize the Company, for the purposes   *         For        Management
      of Part XA of the Companies Act 1985,to
      make donations to EU political
      organization and to incur EU political
      expenditure up to a maximum aggregate
      amount of GBP 200,000;  Authority expires
      atthe conclusion of the n
11    Authorize the Directors, in substitution  *         For        Management
      for any existing authority, pursuantto
      and in accordance with Section 80 of the
      Companies Act 1985, to allot relevant
      securities up to an aggregate nominal
      amount of GBP 19,000,000  33% of
      thenominal issued share c
12    Authorize the Directors to allot shares   *         For        Management
      for cash on non pre-emptive basis up to a
      maximum nominal value of GBP 48,000,000
      5% of the nominal issued ordinaryshare
      capital of the Company as at 09 SEP 2003
13    Authorize the Directors to reduce the     *         For        Management
      Company s share premium account
      approximately GBP 2.5 billion  by GBP
      1.120 billion; to utilized this amount to
      writedown the accumulated losses in the
      Company s balance sheet, thereby
      removingthe deficit as at 30 JU


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

CARREFOUR S.A.

Ticker:                      Security ID:  F13923119
Meeting Date: APR 19, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Acquisition of Societe Financiere For       For        Management
      Labruyere Eberle and Issuance of 6.46
      Million Shares in Connection with
      Acquisition
4     Approve Allocation of Income and Net      For       For        Management
      Dividends of EUR 0.74 per Share
5     Amend Articles of Association to Reduce   For       For        Management
      Terms of Board Members from Six Years to
      Four Years
6     Ratify Cooptation of Luc Vandevelde as    For       For        Management
      Director
7     Reelect Daniel Bernard as Director        For       For        Management
8     Reelect Carlos March as Director          For       For        Management
9     Reelect Jacques Badin as Director         For       For        Management
10    Reelect Francois Henrot as Director       For       For        Management
11    Reelect Christian Blanc as Director       For       For        Management
12    Elect Jose-Luis Leal-Maldonado as         For       For        Management
      Director
13    Authorize Repurchase of Up to 71,614,230  For       For        Management
      Shares
14    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
15    Approve Stock Option Plan Grants          For       Against    Management
16    Amend Articles of Association Re: Board   For       For        Management
      Representation, Auditor Participation at
      Board Meetings, and Use of Electronic
      Media at Shareholder Meetings


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

CARREFOUR S.A.

Ticker:                      Security ID:  F13923119
Meeting Date: APR 27, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Acquisition of Societe Financiere For       For        Management
      Labruyere Eberle and Issuance of 6.46
      Million Shares in Connection with
      Acquisition
4     Approve Allocation of Income and Net      For       For        Management
      Dividends of EUR 0.74 per Share
5     Amend Articles of Association to Reduce   For       For        Management
      Terms of Board Members from Six Years to
      Four Years
6     Ratify Cooptation of Luc Vandevelde as    For       For        Management
      Director
7     Reelect Daniel Bernard as Director        For       For        Management
8     Reelect Carlos March as Director          For       For        Management
9     Reelect Jacques Badin as Director         For       For        Management
10    Reelect Francois Henrot as Director       For       For        Management
11    Reelect Christian Blanc as Director       For       For        Management
12    Elect Jose-Luis Leal-Maldonado as         For       For        Management
      Director
13    Authorize Repurchase of Up to 71,614,230  For       For        Management
      Shares
14    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
15    Approve Stock Option Plan Grants          For       Against    Management
16    Amend Articles of Association Re: Board   For       For        Management
      Representation, Auditor Participation at
      Board Meetings, and Use of Electronic
      Media at Shareholder Meetings


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

CARREFOUR SA

Ticker:       <NULL>         Security ID:  F13923119
Meeting Date: APR 27, 2004   Meeting Type: MIX
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the Board of Directors report,    *         For        Management
      and the General Auditors report and
      approve the accounts and the balance
      sheet for the FY 2003 and grant permanent
      discharge to the Board of Directors for
      the completion of its assignment for
      thecurrent year
2     Acknowledge that the consolidated         *         For        Management
      accounts were presented, and that the
      Boardof Directors report for the Group is
      included in the Board of Directors report
3     Acknowledge the Amalgamation-Merger       *         For        Management
      Project of The Labruyere Eberle
      FinancialCompany by the Carrefour Company
      dated 11 MAR 2004, under which it is
      stated that the Company shall contribute
      the total of its assets, with the
      corresponding taking-over of all
4     Approve the appropriation of the profits  *         For        Management
      as follows: profits for the FY: EUR
      2,073,415,918.80 reduced by the
      contribution to the legal reserve: EUR
      59,041,836.88 increased of the prior
      retained earnings: EUR 55,228,432.84;
      available total: 2,069,602,514.7
5     Approve to reduce the duration of the     *         For        Management
      mandate of the Directors from 6 years to4
      years and amend the Article of
      Associations No. 15-i
6     Approve the co-optation of Mr. Luc        *         For        Management
      Vandevelde as Director for a period of 1
      year
7     Approve to renew the term of office of    *         For        Management
      Mr. Daniel Bernard as a Director for
      aperiod of 4 ans
8     Approve to renew the term of office of    *         For        Management
      Mr. Carlos March as a Director for a
      period of 4 years
9     Approve to renew the term of office of    *         For        Management
      Mr. Jacques Badin as a Director for a
      period of 4 years
10    Approve to renews the term of office of   *         For        Management
      Mr. Francois Henrot as a Director fora
      period of 4 years
11    Approve to renew the term of office of    *         For        Management
      Mr. Christian Blanc as a Director for
      aperiod of 4 years
12    Appoint Mr. Jose-Luis Leal-Maldonado as a *         For        Management
      Director for a period of 4 years
13    Authorize the Board of Directors to trade *         For        Management
      the Company s shares on the Stock
      Exchange, notably in view of adjusting
      their price as per the following
      conditions: maximum purchase price: EUR
      75.00; minimum selling price: EUR 25.00;
      maximum number of shares t
14    Authorize the Board of Directors to       *         For        Management
      decrease the share capital by canceling
      the shares held by the Company in
      connection with a Stock Repurchase Plan,
      within a limit of 10% over a 24-month
      period and authorize the Board of
      Directors to take all necessary
15    Authorize the Board of Directors to grant *         Against    Management
      to the benefit of Members be chosenby it,
      stock options granting the right to
      purchase the Company s shares at the cost
      price of the shares fixed by the Board of
      Directors when the option will be
      granted, cannot b
16    Amend the Article of Associations No.     *         For        Management
      17-ii, No. 20-ii and No. 25-ii and iii
17    Please note that the meeting date is      *         No Vote    Management
      revised from 19 APR 2004 (First call)
      to27 APR 2004 at 9. 30 am. (Second call).
      Please also note the new cutoff date.if
      you have already sent your votes, please
      do not return this proxy form unless you
      decide to amend
18    A Verification Period exists in France.   *         No Vote    Management
      Please see http://ics.adp.com/marketguide
      for complete information.    Verification
      Period:  Registered Shares: 1 to 5 days
      prior to the meeting date, depends on
      company s by-laws.  Bearer Shares: 6 days
      prior to t


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

CREDIT AGRICOLE SA

Ticker:                      Security ID:  F22797108
Meeting Date: MAY 19, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.825 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Elect Alain Dieval as Director in         For       For        Management
      Replacement of Pierre Bastide
6     Elect Daniel Lebegue as Director in       For       For        Management
      Replacement of Jean Peyrelevade
7     Elect Michel Michaut as Director in       For       For        Management
      Replacement of Jean-Marie Sander
8     Reelect Pierre Bru as Director            For       For        Management
9     Reelect Yves Couturier as Director        For       For        Management
10    Reelect Pierre Kerfriden as Director      For       For        Management
11    Reelect Jean Le Brun as Director          For       For        Management
12    Confirm End of Term of Cabinet Alain      For       For        Management
      Laine as Auditors and Cabinet Mazars &
      Guerard as Deputy Auditor and Appoint New
      Auditors
13    Authorize Issuance of Bonds/Debentures Up For       For        Management
      to Aggregate Amount of EUR 20 Billion
14    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 670,000
15    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
16    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 1 Billion
17    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1 Bilion
18    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 3 Billion for Bonus Issue or
      Increase in Par Value
19    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
20    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
21    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

CREDIT SUISSE GROUP (FORMERLY CS HOLDING)

Ticker:       CSR            Security ID:  H3698D419
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3.1   Approve Allocation of Income and Omission For       For        Management
      of Dividends
3.2   Approve CHF 597.5 Million Reduction in    For       For        Management
      Share Capital via Reduction in Par Value
      and Repayment to Shareholders
4.1   Reelect Thomas Bell and Aziz Syriani as   For       For        Management
      Directors; Elect Peter Weibel, Noreen
      Doyle, and David Syz as Directors
4.2   Reelect KPMG Klynveld Peat Marwick        For       For        Management
      Goerdeler SA as Auditors
4.3   Reelect BDO Sofirom as Special Auditors   For       For        Management
5.1   Amend Articles Re: Submission of          For       For        Management
      Shareholder Proposals
5.2   Amend Articles Re: Delete Provisions      For       For        Management
      Concerning Contributions In Kind


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

CREDIT SUISSE GROUP, ZUERICH

Ticker:       <NULL>         Security ID:  H3698D419
Meeting Date: APR 30, 2004   Meeting Type: OGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO VOTE IN THE UPCOMING MEETING, YOUR     *         For        Management
      NAME MUST BE NOTIFIED TO THE COMPANY
      REGISTRAR AS BENEFICIAL OWNER BEFORE THE
      RECORD DATE.  PLEASE ADVISE US NOW IF YOU
      INTEND TO VOTE.  NOTE THAT THE COMPANY
      REGISTRAR HAS DISCRETION OVER GRANTING
      VOTING RIGHTS.  ONC


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

CRH PLC

Ticker:       CRHCY          Security ID:  G25508105
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends                         For       For        Management
3a    Elect D.M. Kennedy as Director            For       For        Management
3b    Elect P.J. Molloy as Director             For       For        Management
3c    Elect W.I. O'Mahony as Director           For       For        Management
3d    Elect D.W. Doyle as Director              For       For        Management
3e    Elect J.M. de Jong as Director            For       For        Management
3f    Elect M. Lee as Director                  For       For        Management
3g    Elect T.V. Neill as Director              For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
5     Approve Issuance of Equity Securities     For       For        Management
      without Preemptive Rights
6     Approve Stock Dividend Program            For       For        Management
7     Amend Articles Re: Company Inquiries Into For       For        Management
      Beneficial Ownership of Shares
8     Amend Articles Re: Discharge of D&O       For       For        Management
      Liability Insurance
9     Amend Articles Re: Repurchase of Shares   For       For        Management
10    Authorize Share Repurchase Program of 10% For       For        Management
      of Outstanding Ordinary Share Capital
11    Authorize Re-issuance of Repurchased      For       For        Management
      Shares


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

DAIMLERCHRYSLER AG

Ticker:                      Security ID:  D1668R123
Meeting Date: APR 7, 2004    Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.50 per Share                     Vote
3     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors                Vote
6     Authorize Repurchase of up to Ten Percent For       Did Not    Management
      of Issued Share Capital; Authorize Board            Vote
      to Issue Repurchased Shares as New Shares
      without Preemptive Rights
7     Elect Robert Lanigan, Hilmar Kopper, Earl For       Did Not    Management
      Graves, Victor Halberstadt, Peter                   Vote
      Magowan, William Owens, Manfred
      Schneider, Bernhard Walter, Lynton
      Wilson, and Mark Woessner to the
      Supervisory Board


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

DAIMLERCHRYSLER AG, STUTTGART

Ticker:       <NULL>         Security ID:  D1668R123
Meeting Date: APR 7, 2004    Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PLEASE DISREGARD THE PREVIOUSLY SENT NOTE *         No Vote    Management
      ON POWER OF ATTORNEY REQUIREMENTS. THANK
      YOUNS IN THIS MARKET.  ABSENCE OF A POA,
      MAY CAUSE YOUR INSTRUCTIONS TO BE
      REJECTED.  SHOULD YOU HAVE ANY QUESTIONS,
      PLEASE CONTACT YOUR CLIENT SERVICE
      REPRESENTATIVE AT AD
2     Receive the financial statements and the  *         For        Management
      annual report for the FY 2003, with the
      report of the Supervisory Board, the
      Group financial  statements and the Group
      annual report
3     Approve the appropriation of the          *         For        Management
      distributable profit of EUR
      1,519,236,286.50as follows: payment of a
      dividend of EUR 1.50 per no-par share and
      ex-dividendpayable date: 08 APR 2004
4     Ratify the acts of the Board of Managing  *         Against    Management
      Directors
5     Ratify the acts of the Supervisory Board  *         Against    Management
6     Appoint KPMG AG, Frankfurt and Berlin, as *         For        Management
      the Auditors for the FY 2004
7     Authorize the Company to acquire own      *         For        Management
      shares of up to EUR 263,000,000, at a
      price not more than 5% from the market
      price of the shares if they are acquired
      through the stock exchange, not more than
      20% if they are acquired by way of
      arepurchase offer, on o
8     Elect the Supervisory Board               *         For        Management
9     Approve the modification of the           *         Against    Management
      Supervisory Board remuneration; each
      Member ofthe Supervisory Board will
      receive a fixed annual remuneration of
      EUR 55,000plus a performance based
      remuneration in the form of phantom
      shares of up to EUR 20,000; and the Chai
10    Please be advised that  DAIMLERCHRYSLER   *         No Vote    Management
      AG  shares are issued in registered form
      and as such do not require share blocking
      in order to entitle you to vote.Thank you


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

DENSO CORP.

Ticker:                      Security ID:  J12075107
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 11,
      Final JY 13, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Board Size - Reduce Directors
      Term in Office - Authorize Share
      Repurchases at Board's Discretion
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
4.13  Elect Director                            For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Amend Stock Option Plans Approved at Last For       For        Management
      Four AGMs
7     Approve Retirement Bonuses for Directors  For       For        Management


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

DIAGEO PLC

Ticker:       <NULL>         Security ID:  G42089113
Meeting Date: OCT 22, 2003   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the Directors  and the Auditors   *         For        Management
      reports and the accounts for the YE 30
      JUN 2003
2     Approve the Directors  remuneration       *         For        Management
      report for the YE 30 JUN 2003
3     Declare a final dividend on the ordinary  *         For        Management
      shares
4     Re-elect Lord Blyth of Rowington as a     *         For        Management
      Director
5     Re-elect Mr. J.K. Oates as a Director     *         For        Management
6     Re-elect Mr. P.S. Walsh as a Director     *         For        Management
7     Re-appoint KPMG Audit PLC as the Auditors *         For        Management
      of the Company until the conclusionof the
      next general meeting at which accounts
      are laid before the Company andauthorize
      the Directors to determine their
      remuneration
8     Approve to renew the power conferred on   *         For        Management
      the Directors by paragraph 4.3 of Article
      4 of the Company s Articles of
      Association for a period expiring at the
      conclusion of the next AGM of the Company
      or on 21 JAN 2005, whichever is earlier
      and for such period
9     Authorize the Company to make market      *         For        Management
      purchases  Section 163 of the Companies
      Act 1985  as amended   of up to
      309,885,718 ordinary shares of 28 101/104
      penceeach, at a minimum price of 28
      101/104 pence for an ordinary share and
      up to105% of the average mid


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

E.ON AG (FORMERLY VEBA AG)

Ticker:       VEBA           Security ID:  D24909109
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2.00 per Share
3     Approve Discharge of Management Board     For       For        Management
4     Approve Discharge of Supervisory Board    For       For        Management
5     Amend Articles Re: Allow for the Issuance For       For        Management
      of Dividends in Kind
6     Approve Affiliation Agreements with       For       For        Management
      Subsidiaries (E.ON Nordic Holding GmbH)
7     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
8     Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors


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

E.ON AKTIENGESELLSCHAFT EON, DUESSELDORF

Ticker:       <NULL>         Security ID:  D24909109
Meeting Date: APR 28, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the financial statements and the  *         For        Management
      annual report for the FY 2003 with the
      report of the Supervisory Board, the
      Group financial statements and the Group
      annual report
2     Approve the appropriation of the          *         For        Management
      distributable profit of EUR 1,312,052,802
      asfollows: payment of a dividend of EUR 2
      per no-par share; ex-dividend and payable
      date: 29 APR 2004
3     Ratify the acts of the Board of Managing  *         For        Management
      Directors
4     Ratify the acts of the Supervisory Board  *         For        Management
5     Amend the Articles of Association         *         For        Management
      regarding the shareholder meeting having
      thepower to approve stock dividends
6     Approve the control and profit transfer   *         For        Management
      agreement with the Companys wholly-owned
      E. ON Nordic Holding GmbH, with effect
      from 01 JAN 2004 until at least 31 DEC
      2008
7     Authorize the Company to acquire own      *         For        Management
      shares of up to 10% of its share
      capital,at prices not differing more than
      20% from their market price, on or before
      28 JAN 2005; authorize the Board of
      Managing Directors to dispose of the
      sharesin a manner other than
8     Appoint PricewaterhouseCoopers, Deutsche  *         For        Management
      Revision AG, Dusseldorf, as the Auditors
      for the FY 2004


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

EADS, EUROPEAN AERONAUTIC DEFENCE & SPACE N.V.

Ticker:                      Security ID:  F17114103
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Approve Company's Corporate Governance    For       For        Management
      Report
1.2   Approve Company's Reserves and Dividend   For       For        Management
      Policy
1.3   Approve Remuneration Policy for           For       For        Management
      Management Board Members
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.40 Per Share
4     Approve Discharge of Board of Directors   For       For        Management
5     Ratify Ernst & Young Accountants and KPMG For       For        Management
      Accountants N.V. as Auditors
6     Elect R. Grube to Board of Directors      For       For        Management
7     Elect F. David to Board of Directors      For       For        Management
8     Approve Reduction in Share Capital via    For       For        Management
      Cancellation of 5.7 Million Repurchased
      Shares
9     Authorize Repurchase of Up to Five        For       For        Management
      Percent of Issued Share Capital


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

EAST JAPAN RAILWAY CO

Ticker:                      Security ID:  J1257M109
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3000,
      Final JY 3000, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
4.13  Elect Director                            For       For        Management
4.14  Elect Director                            For       For        Management
4.15  Elect Director                            For       For        Management
4.16  Elect Director                            For       For        Management
4.17  Elect Director                            For       For        Management
4.18  Elect Director                            For       For        Management
4.19  Elect Director                            For       For        Management
4.20  Elect Director                            For       For        Management
4.21  Elect Director                            For       For        Management
4.22  Elect Director                            For       For        Management
4.23  Elect Director                            For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Payments to Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


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

EISAI CO. LTD.

Ticker:       ESALY          Security ID:  J12852117
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 18,
      Final JY 18, Special JY 0
2     Amend Articles to: Adopt U.S.-Style Board For       For        Management
      Structure - Authorize Share Repurchases
      at Board's Discretion - Limit Directors'
      Legal Liability
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditors
5     Approve Executive Stock Option Plan       For       For        Management


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

ENDESA S.A.

Ticker:                      Security ID:  E41222113
Meeting Date: APR 2, 2004    Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL, WHEN APPROPRIATE, OF THE        For       Did Not    Management
      FINANCIAL STATEMENTS (NOTES TO FINANCIAL            Vote
      STATEMENTS, BALANCE SHEET AND STATEMENT
      OF INCOME) AND MANAGEMENT REPORT OF THE
      COMPANY.
2     APPROVAL OF THE APPROPRIATION OF INCOME   For       Did Not    Management
      FOR THE YEAR AND DISTRIBUTION OF                    Vote
      DIVIDEND.
3     NEW WORDING OF ARTICLE 16 (ISSUE OF       For       Did Not    Management
      DEBENTURES), AND ARTICLE 33 (RIGHT TO               Vote
      INFORMATION).
4     INCLUSION OF A NEW ARTICLE 30 B IN THE    For       Did Not    Management
      CURRENT BY-LAWS (VOTING AND                         Vote
      REPRESENTATION BY REMOTE MEANS OF
      COMMUNICATION).
5     NEW WORDING FOR ARTICLE 9 (RIGHT TO       For       Did Not    Management
      INFORMATION), ARTICLE 12 (PUBLIC PROXY              Vote
      SOLICITATION) AND ARTICLE 18 (SPEECHES)
6     INCLUSION OF A NEW ARTICLE 20 BIS IN THE  For       Did Not    Management
      REGULATIONS (VOTING AND REPRESENTATION BY           Vote
      REMOTE MEANS OF COMMUNICATION).
7     APPROVAL OF THE APPOINTMENT, ACCEPTANCE,  For       Did Not    Management
      RATIFICATION AND RENEWAL PER THE BYLAWS             Vote
      OF DIRECTORS.
8     Ratify Auditors                           For       Did Not    Management
                                                          Vote
9     APPROVAL OF THE AUTHORIZATION FOR THE     For       Did Not    Management
      COMPANY AND ITS SUBSIDIARIES TO BE ABLE             Vote
      TO ACQUIRE TREASURY STOCK.
10    APPROVAL OF THE AUTHORIZATION OF THE      For       Did Not    Management
      BOARD OF DIRECTORS TO CARRY OUT,                    Vote
      IMPLEMENT AND, IF APPROPRIATE, RECTIFY
      ANY RESOLUTIONS.


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

ENDESA SA, MADRID

Ticker:       <NULL>         Security ID:  E41222113
Meeting Date: APR 2, 2004    Meeting Type: OGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Examine and, if appropriate, approval of  *         For        Management
      the financial statements and Management
      report of the Company and of its
      Consolidated Group for the year ended
      December 31, 2003, as well as the conduct
      of the Company s business in that
      fiscalyear.
2     Appropriation of income for the year and  *         For        Management
      distribution of dividend.
3     Amend the Corporate Bylaws.  a) New       *         For        Management
      wording for the following Articles of
      thecurrent corporate Bylaws: Article 16
      (Issue of debentures) and Article 33
      (Right to information).  b) Insertion of
      one new Article into the current
      corporate Bylaws, namely, Arti
4     Amend the Stockholders  meeting           *         For        Management
      Regulations.  a) New wording for the
      followingArticles of the current
      Stockholders  Meeting Regulations:
      Article 9 (Right to information), Article
      12 (Public proxy solicitation) and
      Article 18 (Speeches).  b) Insertion of o
5     Appointment, assignment, ratification and *         For        Management
      renewal per the Bylaws of Directors.f
      Directors
6     Appointment of auditors for the Company   *         For        Management
      and its Consolidated Group.
7     Authority for the Company and its         *         For        Management
      subsidiaries to acquire treasury stock
      underthe provisions of Article 75 and
      Additional Provision 1 of the
      Corporations Law.
8     Authority for the Board of Directors to   *         For        Management
      carry out, implement and, if appropriate,
      rectify any resolutions adopted by the
      Stockholders  Meeting and to delegate any
      powers received by it from the
      Stockholders  Meeting, and granting of
      powers to have those r
9     Information for the Stockholders  meeting *         For        Management
      concerning the Board Regulationsulations


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

ENI SPA

Ticker:       E              Security ID:  T3643A145
Meeting Date: MAY 25, 2004   Meeting Type: Annual/Special
Record Date:  MAY 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Approve Allocation of Income              For       For        Management
3     Authorize Share Repurchase Program        For       For        Management
4     Elect External Auditors for the           For       For        Management
      Three-Year Term 2004-2006 and Fix
      Remuneration of Auditors
5     Amend Article 2 of the Set of Rules       For       For        Management
      Governing General Meetings of Eni Spa
6     Approve Remuneration of Directors         For       For        Management
1     Amend Articles To Reflect New Italian     For       For        Management
      Company Law Regulations
2     Amend Articles 17, 19, and 28 of the      For       For        Management
      Company's Bylaws


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

FORTIS SA/NV (FRMLY FORTIS B (FORMERLY FORTIS AG ))

Ticker:                      Security ID:  B4399L102
Meeting Date: MAY 26, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              For       For        Management
2.1   Accept Financial Statements               For       For        Management
2.2   Approve Dividends in the Amount of EUR    For       For        Management
      0.92 Per Share
2.3   Approve Discharge of Directors and        For       For        Management
      Auditors
3     Discussion about Company's Corporate      None      None       Management
      Governance Report
4.1   Reelect Anton van Rossum, Jan-Michiel     For       For        Management
      Hessels, and Baron Piet Van Waeyenberge
      to Management Board
4.2   Elect Phlippe Bodson, Richard Delbridge,  For       For        Management
      Jacques Manardo, Ronald Sandler, and Rana
      Talwar to Management Board
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Amend Articles Re: Composition and Powers For       For        Management
      of Main Corporate Bodies; Compliance with
      Dutch Corporate Governance Code; Other
      Amendments
7     Close Meeting                             For       For        Management


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

FORTIS SA/NV (FRMLY FORTIS B (FORMERLY FORTIS AG ))

Ticker:                      Security ID:  B4399L102
Meeting Date: MAY 4, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
2     Amend Articles of Association Re: General For       For        Management
      Matters


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

FRANCE TELECOM SA

Ticker:       <NULL>         Security ID:  F4113C103
Meeting Date: APR 9, 2004    Meeting Type: MIX
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     A Verification Period exists in France.   *         No Vote    Management
      Please see http://ics.adp.com/marketguide
      for complete information.    Verification
      Period:  Registered Shares: 1 to 5 days
      prior to the meeting date, depends on
      company s by-laws.  Bearer Shares: 6 days
      prior to t
2     Approve the annual accounts for the FYE   *         For        Management
      31 DEC 2003
3     Approve the consolidated accounts for the *         For        Management
      FYE 31 DEC 2003
4     Approve the allocation of the results for *         For        Management
      the YE 31 DEC 2003 as shown in the annual
      accounts and distribution
5     Approve the agreements referred to in     *         For        Management
      Article 225-38 of the Commercial Code
6     Delegate the Board of Directors to buy,   *         For        Management
      keep or transfer France Telecom shares
7     Approve fixing the issue price of         *         For        Management
      securities which do not confer on their
      holders the same rights as ordinary
      shares, and which may be issued without
      pre-emption rights based on the general
      delegation of authority granted to the
      Boardof Directors by the M
8     Amend the Articles 1, 2 and 7 of the      *         For        Management
      By-Laws to bring them into conformity
      with French Law No. 90-568 of 02 JUL 1990
      as amended by French Law No. 2003-1365of
      31 DEC 2003
9     Amend the Article 13 of the By-Laws       *         For        Management
      relating to the Board of Directors
10    Amend the Article 14, 15, 17, 18 and 19   *         For        Management
      of the By-Laws relating to the Chairman s
      powers and to the general management of
      the Company
11    Amend the By-Laws to bring them into      *         For        Management
      conformity with the provisions of the
      Article 55 of Decree No. 67-236 of 23 MAR
      1967
12    Authorize the Board of Directors to issue *         For        Management
      shares reserved for Wanadoo s
      shareholders, subscribed within the
      framework of the stock option plans
      adopted in the Wanadoo Group, benefiting
      from a mechanism intended to ensure
      liquidity with France Telecom
13    Authorize the Board of Directors to       *         Against    Management
      increase the capital for the benefit of
      members of a France Group Company Savings
      Plan
14    Powers                                    *         For        Management


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

FRANCE TELECOM SA

Ticker:                      Security ID:  F4113C103
Meeting Date: APR 9, 2004    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors for Fiscal Year Ended
      Dec. 2003
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports for Fiscal Year
      Ended Dec. 2003
3     Approve Treatment of Losses and Dividends For       For        Management
      of EUR 0.25 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Fix Issue Price of Previous Authority to  For       For        Management
      Issue Equity or Equity-Linked Securities
      without Preemptive Rights Submitted to
      Shareholder Vote at Feb. 25, 2003 EGM to
      Increase Capital by up to EUR 30 Billion
7     Amend Article 1, 2, and 7 to Reflect 2003 For       For        Management
      Legislative Changes, Postal Service and
      Telecommunication Code, and European
      Parliament Directives
8     Amend Articles to Reflect 2003            For       For        Management
      Legislative Changes; Remove French
      Government Obligation to Retain Majority
      Stake in Company and Amend Articles with
      Respect to Board Composition
9     Amend Articles to Reflect Potential       For       For        Management
      Change in Control with Respect to Powers
      of Chairman and Management
10    Amend Articles of Association to          For       For        Management
      Introduce Liquidation Provision
11    Authorize Board to Issue Up to 30 Million For       For        Management
      Shares to Participants of Wanadoo Stock
      Option Plan in Connection with France
      Telecom Liquidity Agreement
12    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
13    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

FUJI PHOTO FILM CO. LTD.

Ticker:       FUJIY          Security ID:  J15036122
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12.5,
      Final JY 12.5, Special JY 0
2     Amend Articles to: Increase Board Size    For       For        Management
      and Number of Internal Auditors -
      Authorize Share Repurchases at Board's
      Discretion - Limit Directors' and
      Internal Auditors' Legal Liability
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


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

GLAXOSMITHKLINE PLC (FORMERLY GLAXO WELLCOME PLC )

Ticker:       SBH            Security ID:  G3910J112
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Lawrence Culp as Director           For       For        Management
4     Elect Crispin Davis as Director           For       For        Management
5     Elect Sir Robert Wilson as Director       For       For        Management
6     Elect Tachi Yamada as Director            For       For        Management
7     Re-elect Sir Christopher Hogg as Director For       For        Management
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 100,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 74,330,954
12    Authorise 594,647,632 Ordinary Shares for For       For        Management
      Market Purchase


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

HBOS PLC

Ticker:       <NULL>         Security ID:  G4364D106
Meeting Date: APR 27, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the accounts and the reports of   *         For        Management
      the Directors and the Auditors for theYE
      31 DEC 2003
2     Approve the Directors remuneration report *         For        Management
      for the FYE 31 DEC 2003
3     Declare a final dividend of 20.6 pence    *         For        Management
      per ordinary share, payable on 21 MAY
      2004 to registered shareholders as on 12
      MAR 2004
4     Elect Ms. Kate Nealon as a Director       *         For        Management
5     Elect Mr. David Shearer as a Director     *         For        Management
6     Re-elect Mr. James Crosby as a Director   *         For        Management
7     Re-elect Mr. Phil Hodkinson as a Director *         For        Management
8     Re-elect Mr. Brian Ivory as a Director    *         For        Management
9     Re-appoint KPMG Audit PLC as the Auditors *         For        Management
      of the Company, until the next meeting at
      which the accounts are laid
10    Authorize the Directors to allot equity   *         For        Management
      securities, pursuant to Section 94 ofthe
      Companies Act 1985 for cash, pursuant to
      the authority granted under Section 80,
      disapplying the statutory pre-emption
      rights  Section 89(1) , providedthat this
      power is limi
11    Authorize the Company, for the purpose of *         For        Management
      Section 166 of the Companies Act 1985, to
      make market purchases  Section 163  of up
      to 385,035,595 ordinary sharesof 25p each
      in the capital of the Company, at a
      minimum price of 25p and up to 105% of
      the average
12    Authorize the Company, in accordance with *         For        Management
      Section 347 of the Companies Act 1985, to
      make donations to EU political
      organization not exceeding GBP 25,000
      andto incur EU political expenditure up
      to a maximum amount of GBP 25,000; and
      authorize HBOS UK PLC,
13    Amend the Articles of Association of the  *         For        Management
      Company by amending Articles 4, 5.1,5.5,
      5.10, 5.12, 5.17, 5.18, 10, and add a New
      Article 17A


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

HBOS PLC

Ticker:                      Security ID:  G4364D106
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 20.6 Pence Per  For       For        Management
      Ordinary Share
4     Elect Kate Nealon as Director             For       For        Management
5     Elect David Shearer as Director           For       For        Management
6     Re-elect James Crosby as Director         For       For        Management
7     Re-elect Phil Hodkinson as Director       For       For        Management
8     Re-elect Brian Ivory as Director          For       For        Management
9     Re-appoint KPMG Audit Plc Auditors and    For       For        Management
      Authorise Board to Fix Remuneration of
      Auditors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 48,147,509
11    Authorise 385,035,595 Ordinary Shares for For       For        Management
      Market Purchase
12    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 25,000
      and Authorise HBOS UK plc, a Subsidiary
      of the Company, to Make EU Political
      Donations up to Aggregate Nominal Amount
      of GBP 75,000
13    Amend Articles of Association Re:         For       For        Management
      Preference Shares


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

HEINEKEN NV

Ticker:                      Security ID:  N39427195
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Allocation of Income              For       Against    Management
4     Approve Discharge of Management Board     For       For        Management
5     Approve Discharge of Supervisory Board    For       For        Management
6     Approve Lowering in Par Value from EUR 2  For       For        Management
      to EUR 1.60 via a 5:4 (Five New Shares
      for Every Four Currently Held) Stock
      Split
7     Amend Articles Re: 5:4 Stock Split;       For       For        Management
      Editorial Changes
8.1   Elect A. Risseeuwto Supervisory Board     For       For        Management
8.2   Elect R. Overgaauw to Supervisory Board   Against   Against    Management
9.1   Elect K. Bueche to Management Board       For       For        Management
9.2   Elect J. Buijs to Management Board        Against   Against    Management
10    Discussion about Company's Corporate      None      None       Management
      Governance Report


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

HEINEKEN NV

Ticker:       <NULL>         Security ID:  N39427195
Meeting Date: APR 29, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PLEASE NOTE THAT BLOCKING CONDITIONS FOR  *         No Vote    Management
      VOTING AT THIS GENERAL MEETING ARE
      RELAXED. BLOCKING PERIOD ENDS ONE DAY
      AFTER THE REGISTRATION DATE SET ON 22
      APRIL 2004. SHARES CAN BE TRADED
      THEREAFTER. THANK YOU.
2     Opening                                   *         No Vote    Management
3     Receive the report of the FY 2003         *         For        Management
4     Adopt the balance sheet as at 31 DEC      *         For        Management
      2003, of the profit and loss account
      forthe period 01 JAN to 31 DEC 2003 and
      the notes
5     Approve the appropriation of the balance  *         Against    Management
      of the profit and loss account as
      provided in Article 12 Paragraph of the
      Company s Articles of Association
6     Grant discharge of the Members of the     *         For        Management
      Executive Board for the exercise of their
      management in the FY 2003
7     Grant discharge of the Members of the     *         For        Management
      Supervisory Board for the exercise of
      their supervisory tasks in the FY 2003
8     Approve share split, every four shares of *         For        Management
      EUR 2 nominal value entitling the holders
      to 5 shares of EUR 1.60 nominal value
9     Amend the Articles of Association         *         For        Management
      concerning, inter alia, the change in
      nominal value of shares
10    PLEASE NOTE THAT YOU CAN ONLY APPOINT ONE *         No Vote    Management
      MEMBER FOR THE SUPERVISORY BOARD OUTOF
      THE TWO INDIVIDUALS PROPOSED VIA BINDING
      NOMINATION UNDER RESOLUTIONS NUMBERED 8.1
      AND 8.2. PLEASE ALSO NOTE THAT STANDING
      INSTRUCTIONS ARE DISABLED FORTHIS
      MEETING. THANK YO
11    Appoint Mr. A.H.J. Risseeuw as the Member *         For        Management
      of the Supervisory Board
12    Appoint Mr. R. Overgaauw as the Member of *         Against    Management
      the Supervisory Board
13    PLEASE NOTE THAT YOU CAN ONLY APPOINT ONE *         No Vote    Management
      MEMBER FOR THE EXECUTIVE BOARD OUT OF THE
      TWO INDIVIDUALS PROPOSED VIA BINDING
      NOMINATION UNDER RESOLUTIONS NUMBERED 9.1
      AND 9.2. PLEASE ALSO NOTE THAT STANDING
      INSTRUCTIONS ARE DISABLED FOR THIS
      MEETING. THANK YO
14    Appoint Mr. K. Buche as the Member of the *         For        Management
      Executive Board
15    Appoint Mr. J. Buijs as the Member of the *         Against    Management
      Executive Board
16    Approve the Dutch Corporate Governance    *         For        Management
      Code
17    Closure                                   *         No Vote    Management


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

HENDERSON LAND DEVELOPMENT CO LTD

Ticker:       <NULL>         Security ID:  Y31476107
Meeting Date: DEC 1, 2003    Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive and approve the audited statement *         For        Management
      of the accounts and the reports of the
      Directors and the Auditors for the YE 30
      JUN 2003
2     Declare a final dividend                  *         For        Management
3     Re-elect the retiring Director and        *         For        Management
      approve to fix the Directors
      remuneration
4     Re-appoint the Auditors and authorize the *         For        Management
      Directors to fix their remuneration
5     Authorize the Directors of the Company to *         For        Management
      repurchase ordinary shares of HKD 2.00
      each in the capital of the Company during
      the relevant period, on The StockExchange
      of Hong Kong Limited or any other stock
      exchange on which the sharesof the
      Company have be
6     Authorize the Directors of the Company to *         For        Management
      allot, issue and deal with additional
      shares of the Company and make or grant
      offers, agreements and options during and
      after the relevant period, not exceeding
      20% of the aggregate nominal amount of
      the issued sh
7     Approve to extend the general mandate     *         For        Management
      granted to the Directors to allot,
      issueand deal with additional shares
      pursuant to Resolution 5.B by an amount
      representing the aggregate nominal amount
      of the share in the capital of the
      Company repurchased pursuant
8     Approve, pursuant to the general mandates *         For        Management
      given in ordinary resolution 5.B and5.C,
      to allot and issue of all or any of the
      shares of the Company, providedthat the
      aggregate nominal amount of the share
      capital of the Company shall not exceed
      HKD 3,600,000,
9     Amend the Company s Articles of           *         For        Management
      Association: a) by deleting the words in
      item(i) in Article 2 and substitute with
      a new words; by deleting the words in
      item (iii) in Article 2 and substitute
      with a new words; by adding a new
      definitions to Article 2; b) b


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

HENDERSON LAND DEVELOPMENT CO LTD

Ticker:       <NULL>         Security ID:  Y31476107
Meeting Date: DEC 1, 2003    Meeting Type: EGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve that: i) subject to and           *         Against    Management
      conditional upon the passing of an
      ordinary resolution by the shareholders
      of Henderson China Holdings Limited
      Henderson China  in its general meeting
      Henderson China Meeting  approving the
      termination of the existing Sha


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

HITACHI LTD.

Ticker:       HIT            Security ID:  J20454112
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management


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

HONDA MOTOR CO. LTD.

Ticker:       HMCL           Security ID:  J22302111
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 19,
      Final JY 23, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
3.26  Elect Director                            For       For        Management
3.27  Elect Director                            For       For        Management
3.28  Elect Director                            For       For        Management
3.29  Elect Director                            For       For        Management
3.30  Elect Director                            For       For        Management
3.31  Elect Director                            For       For        Management
3.32  Elect Director                            For       For        Management
3.33  Elect Director                            For       For        Management
3.34  Elect Director                            For       For        Management
3.35  Elect Director                            For       For        Management
3.36  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
6     Approve Payment of Annual Bonuses to      For       For        Management
      Directors and Statutory Auditors
7     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


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

HOYA CORP.

Ticker:                      Security ID:  J22848105
Meeting Date: JUN 18, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Expand Business Lines  For       For        Management
      - Authorize Share Repurchases at Board's
      Discretion
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management


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

ING GROEP NV

Ticker:       <NULL>         Security ID:  N4578E413
Meeting Date: APR 27, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Opening remarks and announcements.        *         No Vote    Management
2     Discussion of the reports of the          *         For        Management
      Executive Board and the Supervisory Board
      for2003.
3     Discussion of the profit retention and    *         For        Management
      distribution policy.
4     Discussion and adoption of the Annual     *         For        Management
      Accounts for 2003.
5     Adoption of the dividend for 2003.        *         For        Management
6     Appointment of the auditor.               *         For        Management
7     Proposal to discharge the Executive Board *         For        Management
      in respect of the duties performed during
      the year 2003.
8     Proposal to discharge the Supervisory     *         For        Management
      Board in respect of the duties
      performedduring the year 2003.
9     Corporate governance.                     *         For        Management
10    Adoption of remuneration policy.          *         For        Management
11    Approval of long-term incentive plan.     *         For        Management
12    Amendments to the Articles of Association *         For        Management
13    Appointment of Eric Boyer de la Giroday.  *         For        Management
14    Appointment of Eli Leenaars.              *         For        Management
15    Appointment of Hans Verkoren.             *         For        Management
16    Composition of the Supervisory Board:     *         For        Management
      Appointment of Eric Bourdais de
      Charbonniere
17    Authorisation to issue shares and to      *         Against    Management
      restrict or exclude preferential
      rights.right
18    Authorisation to the company to acquire   *         For        Management
      shares or depositary receipts for shares
      in its own capital.
19    Any other business and conclusion.        *         No Vote    Management
20    Please note that this is a revision due   *         No Vote    Management
      to the revised wording of the agenda.If
      you have already sent in your votes,
      please do not return this proxy
      formunless you decide to amend your
      original instructions.  Thank you.
21    PLEASE NOTE THAT BLOCKING CONDITIONS FOR  *         No Vote    Management
      VOTING AT THIS GENERAL MEETING ARE
      RELAXED. BLOCKING PERIOD ENDS ONE DAY
      AFTER THE REGISTRATION DATE SET ON 20
      APR2004. SHARES CAN BE TRADED THEREAFTER.
      THANK YOU.


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

ING GROEP NV

Ticker:       ING            Security ID:  N4578E413
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  APR 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2.1   Receive Reports of Management and         None      None       Management
      Supervisory Boards
2.2   Receive Explanation of Reserves and       None      None       Management
      Dividend Policy
3.1   Approve Financial Statements of 2003      For       For        Management
3.2   Approve Dividends                         For       For        Management
4     Ratify Ernst & Young Accountants as       For       For        Management
      Auditors
5.1   Approve Discharge of Management Board     For       For        Management
5.2   Approve Discharge of Supervisory Board    For       For        Management
6     Discussion about Company's Corporate      None      None       Management
      Governance Report
7.1   Approve Remuneration Policy of Management For       For        Management
      Board
7.2   Approve Long-Term Incentive Plan (50      For       For        Management
      Percent Stock Options and 50 Percent
      Performance Shares)
8     Amend Articles Re: Binding Director       For       For        Management
      Nominations; Establish Profile on
      Expertise and Ethical Standards for
      Directors; Approve Remuneration Policy
      for Management Board; Threshold for
      Submitting Shareholder Proposals; Reduce
      Par Value of B Preference Share
9.1   Elect E. Boyer de la Giroday as New       For       For        Management
      Member of Management Board
9.2   Elect E. Leenaars as New Member of        For       For        Management
      Management Board
9.3   Elect H. Verkoren as New Member of        For       For        Management
      Management Board
10    Elect E. Bourdais de Charbonniere as New  For       For        Management
      Member of Supervisory Board
11    Grant Board Authority to Issue Ordinary   For       Against    Management
      Shares Restricting/Excluding Preemptive
      Rights Up to 20 Percent of Issued Capital
      and All Authorized Yet Unissued B
      Preference Shares Restricting/Excluding
      Preemptive Rights
12    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
13    Other Business                            None      None       Management


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

INTERCONTINENTAL HOTELS GROUP PLC

Ticker:                      Security ID:  G4803W103
Meeting Date: JUN 1, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 9.45 Pence Per  For       For        Management
      IHG PLC Share
4a    Elect Richard Hartman as Director         For       For        Management
4b    Elect Ralph Kugler as Director            For       For        Management
4c    Elect Robert Larson as Director           For       For        Management
4d    Elect Richard North as Director           For       For        Management
4e    Elect Stevan Porter as Director           For       For        Management
4f    Elect David Prosser as Director           For       For        Management
4g    Elect Richard Solomons as Director        For       For        Management
4h    Elect Sir Howard Stringer as Director     For       For        Management
4i    Elect David Webster as Director           For       For        Management
5     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors of the Company
6     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
7     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 550,000
      to GBP 750,000
8     Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 100,000
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 235,529,677
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 35,329,451
11    Authorise 105,917,695 Ordinary Shares for For       For        Management
      Market Purchase


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

KYOCERA CORP.

Ticker:       KYO            Security ID:  J37479110
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 30, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor
5     Approve Executive Stock Option Plan       For       For        Management


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

MATSUSHITA ELECTRIC INDUSTRIAL CO. LTD.

Ticker:       MC             Security ID:  J41121104
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6.25,
      Final JY 6.25, Special JY 1.5
2     Amend Articles to: Amend Business Lines - For       For        Management
      Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
6     Approve Retirement Bonuses for Statutory  For       For        Management
      Auditors


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

METRO AG

Ticker:                      Security ID:  D53968125
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.02 per Common Share
      and EUR 1.12 per Preference Share
3     Approve Discharge of Management Board     For       For        Management
4     Approve Discharge of Supervisory Board    For       For        Management
5     Ratify Fasselt & Partner                  For       For        Management
      Wirtschaftspruefungsgesellschaft as
      Auditors
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Approve Creation of EUR 100 Million Pool  For       For        Management
      of Conditional Capital with Preemptive
      Rights
8     Approve Creation of EUR 125 Million Pool  For       For        Management
      of Conditional Capital without Preemptive
      Rights
9     Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 1 billion
      with Preemptive Rights; Approve Creation
      of EUR 127.8 Million Pool of Conditional
      Capital to Guarantee Conversion Rights
10    Amend Articles Re: Changes to the         For       For        Management
      Remuneration of the Supervisory Board
      Members


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

MITSUBISHI ELECTRIC CORP.

Ticker:       MIELY          Security ID:  J43873116
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management


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

MITSUBISHI TOKYO FINANCIAL GROUP INC

Ticker:                      Security ID:  J44497105
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends on Ordinary
      Shares: Interim JY 0, Final JY 6000,
      Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor


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

MITSUI SUMITOMO INSURANCE CO. LTD

Ticker:                      Security ID:  J45174109
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 8.5, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


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

MURATA MANUFACTURING CO. LTD.

Ticker:                      Security ID:  J46840104
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 25, Special JY 0
2     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Share Repurchase from
      600 Million to 590 Million Shares -
      Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Special Payments to Continuing    For       For        Management
      Directors and
      Statutory Auditors in Connection with the
      Abolition of Retirement Bonus System and
      Approve Retirement Bonus to Statutory
      Auditor
6     Approve Executive Stock Option Plan       For       For        Management


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

NATIONAL AUSTRALIA BANK LTD

Ticker:       <NULL>         Security ID:  Q65336119
Meeting Date: DEC 19, 2003   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Acknowledge the Chairman s address and    *         For        Management
      presentation by the Managing Director and
      the Chief Executive Officer
2     Receive and approve the financial report  *         For        Management
      and the report of the Directors for the
      YE 30 SEP 2003, together with the
      Independent Audit report to the Members
      of the National
3     Re-elect Mr. P.J.B. Duncan as a Director, *         For        Management
      who retires in accordance with Article
      10.3 of the National s Constitution
4     Re-elect Dr. E.D. Tweddell as a Director, *         For        Management
      who retires in accordance with Article
      10.3 of the National s Constitution
5     Re-elect Mrs. C.M. Walter as a Director,  *         For        Management
      who retires in accordance with Article
      10.3 of the National s Constitution
6     Appoint Mr. J.M. Stewart as a Director in *         For        Management
      accordance with Article 10.13 of
      theNational s Constitution
7     Appoint Mr. J.G. Thorn as a Director in   *         For        Management
      accordance with Article 10.13 of the
      National s Constitution
8     Approve to grant of options, performance  *         For        Management
      rights and shares to the Managing
      Director of National Australian Group
      Europe Limited, Mr. J.M. Stewart
9     Approve to grant of options, performance  *         For        Management
      rights and shares to the Managing
      Driector and Chief Executive Officer, Mr.
      F.J. Cicutto
10    Approve: a) the amendment to the          *         For        Management
      retirement benefits schemes for the
      Non-Executive Directors of the National
      and its controlled entities; and b) the
      acquisition of an interest in securities
      of the National by or on or on behalf of
      such Non-Executive Direc
11    Approve to increase maximum remuneration  *         For        Management
      by AUD 1,300,000 per annum to a maximum
      of AUD 500,000 per annum, provided by the
      National to the Non-Executive Directors
      of the National for their services both
      to the National and to entitieswith which
      the Nation
12    Approve the acquisition of an interest in *         For        Management
      securities of the National by or onbehalf
      of the Non-Executive Directors under the
      NED  Non-Executive Director  Share Plan
13    Approve the terms of the buy-back         *         For        Management
      agreements under the selective buy-back
      Scheme relating to the 0% preference
      shares may in certain circumstances
      convert


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

NATIONAL GRID TRANSCO PLC

Ticker:       <NULL>         Security ID:  G6375K102
Meeting Date: JUL 21, 2003   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the report and the accounts for   *         For        Management
      the YE 31 MAR 2003 and the Auditors
      report on the accounts
2     Declare a final dividend of 10.34 pence   *         For        Management
      per ordinary share  USD 0.8396 per
      American Depositary Share  for the YE 31
      MAR 2003
3     Re-appoint Mr. Nick Winser as a Director  *         For        Management
4     Re-appoint Sir. John Parker as a Director *         For        Management
5     Re-appoint Mr. Steve Lucas as a Director  *         For        Management
6     Re-appoint Mr. John Wybrew as a Director  *         For        Management
7     Re-appoint Mr. Kenneth Harvey as a        *         For        Management
      Director
8     Re-appoint Mr. Stephen Pettit as a        *         For        Management
      Director
9     Re-appoint Mr. George Rose as a Director  *         For        Management
10    Re-appoint Mr. Steve Holliday as a        *         For        Management
      Director
11    Re-appoint PricewaterhouseCoopers LLP as  *         For        Management
      the Company s Auditors until the
      nextgeneral meeting at which accounts are
      laid before the Company and authorize the
      Directors to set the Auditors
      remuneration
12    Approve the Directors  remuneration       *         For        Management
      report for the YE 31 MAR 2003
13    Authorize the Company to make market      *         For        Management
      purchases  Section 163(3) of the
      Companies Act 1985  of up to 307,722,000
      ordinary shares of 10 pence each, at a
      minimum price of 10 pence and not more
      than 105% of the average middle market
      quotations for such shares


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

NIPPON STEEL CORP.

Ticker:                      Security ID:  J55999122
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 1.5, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Statutory  For       For        Management
      Auditors


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

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:                      Security ID:  Y64248126
Meeting Date: APR 15, 2004   Meeting Type: Special
Record Date:

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


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

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:                      Security ID:  Y64248126
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2a    Reelect Lee Seng Wee as Director          For       For        Management
2b    Reelect Michael Wong Pakshong as Director For       For        Management
2c    Reelect Cheong Choong Kong as Director    For       For        Management
2d    Reelect Fong Weng Phak as Director        For       For        Management
2e    Reelect David Wong Cheong Fook as         For       For        Management
      Director
3     Declare Final Dividend of SGD 0.12 Per    For       For        Management
      Share
4     Approve Directors' Fees of SGD 625,000    For       For        Management
      for 2003
5     Appoint Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
6a    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
6b    Approve Issuance of Shares and Grant of   For       For        Management
      Options Pursuant to the Executives' Share
      Option Scheme 1994
6c    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Share Option
      Scheme 2001
6d    Approve Conversion of the Ordinary Shares For       For        Management
      into Stock Units Transferable in Amounts
      and Multiples of SGD1.00 Each
6e    Amend Articles of Association             For       For        Management
7     Other Business (Voting)                   For       Against    Management


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

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:                      Security ID:  Y64248126
Meeting Date: APR 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in Authorized Capital    For       For        Management
      and Approve Alterations to the Articles
      of Association
2     Approve Preference Share Issue Mandate    For       For        Management


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

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:                      Security ID:  Y64248126
Meeting Date: APR 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Voluntary Offer for All the       For       For        Management
      Ordinary Shares Held in Great Eastern
      Holdings Ltd., and Approve Issuance of
      the Company's New Ordinary Shares
2     Approve Increase in Authorized Capital,   For       For        Management
      Alterations to the Articles of
      Association, and Issuance of Class H
      Preference Shares
3     Approve Selective Capital Reduction       For       For        Management


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

OVERSEA-CHINESE BANKING CORPORATION LTD

Ticker:       <NULL>         Security ID:  Y64248126
Meeting Date: APR 15, 2004   Meeting Type: EGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve, for the purpose of Sections 76C  *         For        Management
      and 76E of the Companies Act, Chapter50,
      the exercise by the Directors of the Bank
      of all the powers of the Bank to purchase
      or otherwise acquire units of ordinary
      stock transferable in amounts and
      multiples of SGD
2     PLEASE BE ADVISED THAT THIS IS A REVISION *         No Vote    Management
      DUE TO THE REVISED WORDING OF
      RESOLUTIONS.  IF YOU HAVE ALREADY SENT
      YOUR VOTES, PLEASE DO NOT RE-SEND THIS
      PROXYFORM UNLESS YOU WISH TO AMEND YOU
      VOTING INSTRUCTIONS.  THANK YOU


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

OVERSEA-CHINESE BANKING CORPORATION LTD

Ticker:       <NULL>         Security ID:  Y64248126
Meeting Date: APR 15, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive and approve the audited accounts  *         For        Management
      for the YE 31 DEC 2003 and the reports of
      the Directors and the Auditors thereon
2     Re-appoint Mr. Lee Seng Wee as a          *         For        Management
      Director, who retires under Section 153
      of the Companies Act, Chapter 50, until
      the next AGM
3     Re-appoint Mr. Michael Wong Pakshong as a *         For        Management
      Director, who retires under Section153 of
      the Companies Act, Chapter 50, until the
      next AGM
4     Elect Dr. Cheong Choong Kong as a         *         For        Management
      Director
5     Elect Mr. Datuk Fong Weng Phak as a       *         For        Management
      Director
6     Elect Col (Ret) David Wong Cheong Fook as *         For        Management
      a Director
7     Approve a final dividend of 12 cents per  *         For        Management
      SGD 1.00 ordinary stock unit, less
      Singapore income tax, in respect of the
      YE 31 DEC 2003
8     Approve the Directors  fees of SGD        *         For        Management
      625,000 for 2003
9     Appoint the Auditors and approve to fix   *         For        Management
      their remuneration
10    Authorize the Directors of the Bank to:   *         For        Management
      I) (i) issue ordinary shares in the
      capital of the Bank  ordinary shares
      whether by way of rights, bonus or
      otherwise, and/or (ii) make or grant
      offers, agreements or options
      collectively, instruments  that might
11    Authorize the Directors of the Bank,      *         For        Management
      pursuant to Section 161 of the
      CompaniesAct, Chapter 50, to allot and
      issue from time to time such number of
      ordinaryshares in the capital of the Bank
      as may be required to be issued pursuant
      tothe exercise of the opti
12    Authorize the Directors of the Bank,      *         Against    Management
      pursuant to Section 161 of the
      CompaniesAct, Chapter 50, to offer and
      grant options in accordance with the
      provisionsof the OCBC Share Option Scheme
      2001, approved by ordinary resolution
      passed at the EGM of the Bank o
13    Approve that contingent upon any of the   *         For        Management
      ordinary shares in the Bank being issued
      and being credited as fully paid, the
      same be converted into stock units
      transferable in amounts and multiples of
      SGD 1.00 each
14    Approve that the authority be given to    *         For        Management
      the Directors of the Bank to: (i)
      issuepreference shares referred to in
      Articles 7A, 7B, 7C, 7D, 7E, 7F and 7G of
      the Articles of Association of the Bank,
      other preference shares or non-voting
      shares in the capital o
15    Transact any other business               *         Against    Management


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

PCCW LTD (FORMERLY PACIFIC CENTURY CYBERWORKS, LTD.)

Ticker:                      Security ID:  Y6802P120
Meeting Date: APR 29, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sale of Interest-Bearing Loans    For       For        Management
      Worth Approximately HK$3.5 Billion, the
      Queen's Road Exchange and the Entire
      Issued Capital of Ipswich Hldgs. Ltd. to
      Dong Fang Gas Hldgs. Ltd.


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

PCCW LTD (FORMERLY PACIFIC CENTURY CYBERWORKS, LTD.)

Ticker:                      Security ID:  Y6802P120
Meeting Date: MAY 19, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Cancellation of Share Premium     For       For        Management
      Account to Offset Accumulated Losses of
      Approximately HK$152 Billion and Transfer
      the Balance of HK$21.5 Billion to a
      Special Reserve Account


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

PCCW LTD (FORMERLY PACIFIC CENTURY CYBERWORKS, LTD.)

Ticker:                      Security ID:  Y6802P120
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Reelect Li Tzar Kai, Richard as Director  For       For        Management
2b    Reelect So Chak Kwong, Jack as Director   For       For        Management
2c    Reelect Alexander Anthony Arena as        For       For        Management
      Director
2d    Reelect Li Kwok Po, David as Director     For       For        Management
2e    Reelect Roger Lobo as Director            For       For        Management
2f    Reelect Aman Mehta as Director            For       For        Management
2g    Authorize Board to Fix Their Remuneration For       For        Management
3     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6     Authorize Reissuance of Repurchased       For       For        Management
      Shares
7     Approve Termination of Existing Share     For       Against    Management
      Option Scheme and Adopt New Share Option
      Scheme
8     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Material Interest of Directors
      in Contracts Entered into by the Company,
      Nomination of Directors


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

PHILIPS ELECTRONICS NV

Ticker:       PHG            Security ID:  N6817P109
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2.1   Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
2.2   Receive Explanation of Corporate          None      Did Not    Management
      Governance Structure                                Vote
2.3   Receive Explanation of Policy on Reserves None      Did Not    Management
      and Dividends                                       Vote
2.4   Approve Dividends of EUR 0.36 Per Share   For       Did Not    Management
                                                          Vote
2.5   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
2.6   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
3.1   Reelect Elect K. van Miert to Supervisory For       Did Not    Management
      Board                                               Vote
3.2   Elect E. Kist as New Member of            For       Did Not    Management
      Supervisory Board                                   Vote
4.1   Approve Remuneration Policy of Management For       Did Not    Management
      Board                                               Vote
4.2   Amend 2003 Long-Term Incentive Plan       For       Did Not    Management
      Regarding Distribution of Shares:                   Vote
      Allocate a Maximum of 2.5 Percent of
      Annual Pool of Shares Reserved for LTIP
      to Management Board on Annual Basis
5     Grant Board Authority to Issue Shares     For       Did Not    Management
      Restricting/Excluding Preemptive Rights             Vote
      Up to 20 Percent of Issued Capital
6     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share  Capital                            Vote
7     Authorize Board to Set Record Date        For       Did Not    Management
                                                          Vote
8     Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
9     Close Meeting                             None      Did Not    Management
                                                          Vote


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

QBE INSURANCE GROUP LTD

Ticker:       <NULL>         Security ID:  Q78063114
Meeting Date: APR 2, 2004    Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive and approve the financial reports *         For        Management
      and the reports of the Directors andof
      the Auditor for the YE 31 DEC 2003
2     Re-elect Mr. L.F. Bleasel AM as a         *         For        Management
      Director of the Company, who retires in
      rotation in accordance with Clause 76 of
      the Company s Constitution
3     Re-elect Honorable N.F. Greiner AC as a   *         For        Management
      Director of the Company, who retires in
      rotation in accordance with Clause 76 of
      the Company s Constitution
4     Approve, for the purpose of ASX Listing   *         For        Management
      Rule 10.17 and for all other purposes,to
      increase the maximum aggregate
      remuneration payable to all Non-Executive
      Directors by AUD 700,000 to AUD 2.2
      million per FY, such remuneration to be
      divided among the Non-Exe
5     Amend the Company s Constitution, subject *         For        Management
      to the passing of Resolution 3, by
      inserting the new Clause 79A regarding
      the Non-Executive Directors
      retirementallowances
6     Approve, for the purpose of ASX Listing   *         For        Management
      Rule 10.14 and for all other purposes,the
      grant to the Chief Executive Officer, Mr.
      F.M. O  Halloran of conditionalrights
      over a maximum of 46,474 unissued
      ordinary shares in the Company and an
      option to subscribe f


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

QBE INSURANCE GROUP LTD.

Ticker:                      Security ID:  Q78063114
Meeting Date: APR 2, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect L. F. Bleasel as Director           For       For        Management
2b    Elect N. F. Greiner as Director           For       For        Management
3     Approve Remuneration of Directors in the  For       For        Management
      Amount of AUD 2.2 Million Per Annum
4     Amend Constitution Re: Non-Executive      For       For        Management
      Directors' Retirement Allowances
5     Approve Issue of Conditional Rights and   For       For        Management
      Options Under the Senior Executive Equity
      Scheme to F. M. O'Halloran, Chief
      Executive Officer


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

REED ELSEVIER PLC

Ticker:       <NULL>         Security ID:  G74570105
Meeting Date: APR 28, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the Company s financial           *         For        Management
      statements for the YE 31 DEC 2003,
      together with the reports of the
      Directors and the Auditors
2     Approve the Directors  remuneration       *         For        Management
      report
3     Declare a final dividend for 2003 on the  *         For        Management
      Company s ordinary shares
4     Re-appoint Deloitte & Touche LLP as the   *         For        Management
      Auditors of the Company;  Authority
      expires at the conclusion of next AGM
5     Authorize the Directors to fix the        *         For        Management
      remuneration of the Auditors
6     Appoint Mr. G.J.A. Van De Aasi as a       *         For        Management
      Director of the Company
7     Appoint Mr. M. Tabaksblat as a Director   *         For        Management
      of the Company
8     Appoint Mr. R.W.H. Stomberg as a Director *         For        Management
      of the Company
9     Appoint Mr. Lord Sharman of Redlynch OBE  *         For        Management
      as a Director of the Company
10    Authorize the Directors, in accordance    *         For        Management
      with the Article 11 of the Company s
      Article of Association and pursuant to
      Section 80 of the Companies Act 1985,
      toallot relevant securities up to an
      aggregate nominal amount of GBP 25
      million;Authority expires at t
11    Authorize the Directors, subject to the   *         For        Management
      Article 12 of the Company s Article
      ofAssociation and pursuant to Section 95
      of the Companies Act 1985, to allot
      equity securities for cash pursuant to
      the authority conferred by Resolution
      5,disapplying the statuto
12    Authorize the Company, subject to the     *         For        Management
      Article 57 of the Company s Article of
      Association and pursuant to Section 166
      of the Companies Act 1985, to make market
      purchases  Section 163(3)  of up to 127
      million ordinary shares of 12.5p each in
      the capital of


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

REED ELSEVIER PLC(FORMERLY REED INTERNATIONAL PLC)

Ticker:       RUK            Security ID:  G74570105
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Accept Financial Statements and Statutory For       For        Management
      Reports
1b    Approve Remuneration Report               For       For        Management
2     Approve Final Dividend of 8.7 Pence Per   For       For        Management
      Ordinary Share
3a    Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
3b    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
4a    Re-elect Gerard van de Aast as Director   For       For        Management
4b    Re-elect Morris Tabaksblat as Director    For       For        Management
4c    Re-elect Rolf Stomberg as Director        For       For        Management
4d    Re-elect Lord Sharman Of Redlynch as      For       For        Management
      Director
5     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 25,000,000
6     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,900,000
7     Authorise 127 Million Shares for Market   For       For        Management
      Purchase


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

RENAULT

Ticker:                      Security ID:  F77098105
Meeting Date: APR 16, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Approve Allocation of Income and Net      For       For        Management
      Dividends of EUR 1.40 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Francois de Combret as Director   For       For        Management
6     Reelect Bernard Larrouturou as Director   For       For        Management
7     Elect Jean-Louis Girodolle as Director    For       For        Management
8     Elect Itaru Koeda as Director             For       For        Management
9     Elect Francois Pinault as Director        For       For        Management
10    Approve Discharge of Yoshikazu Hanawa     For       For        Management
11    Approve Discharge of Bruno Bezard         For       For        Management
12    Approve Discharge of Jeanne Seyvet        For       For        Management
13    Confirm Receipt of Special Auditors'      For       For        Management
      Report Regarding Remuneration of
      Participating Stock
14    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
15    Authorize Issuance of Bonds/Debentures in For       For        Management
      the Aggregate Amount of EUR 4 Billion
16    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
17    Maintain Authority to Issue Equity and    For       For        Management
      Equity-Linked Securities without
      Preemptive Rights Submitted to
      Shareholder Vote on April 29, 2003, to
      Increase Capital by Up to EUR 300 Million
18    Amend Articles of Association to Increase For       For        Management
      the Number of Directors to Be Elected by
      Shareholders
19    Amend Articles of Association to Reflect  For       Against    Management
      Financial Security Legislation Re:
      Shareholding Disclosure Requirement
20    Elect Charles de Croisset as Director     For       For        Management
21    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

RENAULT SA

Ticker:       <NULL>         Security ID:  F77098105
Meeting Date: APR 30, 2004   Meeting Type: MIX
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the Board of Directors report and *         For        Management
      the general Auditors report, and approve
      the consolidated accounts for the FY
      2003, consolidated profits: EUR
      2,480,000,000.00
2     Receive the Board of Directors report and *         For        Management
      the general Auditors report, and approve
      the accounts and the balance sheet for
      the FY 2003, profits for the FY: EUR
      770,933,122.78; and grant permanent
      discharge to the Board of Directors
      forthe completion of its
3     Approve the following appropriations as   *         For        Management
      follows: profits for the FY: EUR
      770,933,122.78; added to prior retained
      earnings: EUR 5,978,108,817.52;
      distributable amount: EUR
      6,749,041,940.30; global dividend: EUR
      398,911,965.20; balancecarry forward: EUR
      6,3
4     Approve the Special Auditors report, in   *         For        Management
      accordance with the provisions of Article
      L.225-38 of the French Commercial Law
5     Approve to renew the term of office of    *         For        Management
      Mr. Francois De Combret as a Director for
      4 years
6     Approve to renew the term of office of    *         For        Management
      Mr. Bernard Larrouturou as a Director for
      4 years
7     Ratify the appointment of Mr. Jean-Louis  *         For        Management
      Girodolle as a Director representingthe
      French Government in replacement of Mr.
      Bruno Bezard, for the uneffected part of
      his term
8     Ratify the appointment of Mr. Itaru Koeda *         For        Management
      as a Director representing in replacement
      of Mr. Yoshikazu Hanawa, for the
      uneffected part of his term
9     Ratify the appointment of Mr. Francois    *         For        Management
      Pinault as a Director in replacement
      ofMrs. Jeanne Seyvet, for the uneffected
      part of her term
10    Grant permanent discharge to Mr.          *         For        Management
      Yoshikazu Hanawa for the completion of
      his assignment during the FY 2003
11    Grant permanent discharge to Mr. Bruno    *         For        Management
      Bezard for the completion of his
      assignment during the FY 2003
12    Grant permanent discharge to Mrs. Jeanne  *         For        Management
      Seyvet for the completion of her
      assignment during the FY 2003
13    Acknowledge the special report of the     *         For        Management
      Auditors regarding the remuneration of
      equity loans
14    Authorize the Board, in substitution for  *         For        Management
      the authority of the combined meetingof
      29 APR 2003, to trade the Company shares
      on the stock exchange, notably inview of
      adjusting their price as per the
      following conditions: maximum purchase
      price: EUR 85.00; mi
15    Authorize the Board, in substitution for  *         For        Management
      any existing authority of combined
      meeting of 29 APR 2003, to proceed, in
      France or abroad, with a issue of
      bonds,up to a nominal amount of EUR
      4,000,000,000.00, this present delegation
      is valid till the general me
16    Authorize the Board, to cancel shares     *         For        Management
      acquired per Resolution 14 as specifiedor
      any resolution in replacement of said
      resolution, not exceeding 10% of theshare
      capital over a 24 month period, to reduce
      the share capital and modify the Articles
      of Associat
17    Acknowledge that the securities issue as  *         For        Management
      stipulated in Resolution 22 of the CGM of
      29 APR 2003 is not completed and decides
      to maintain the conditions of such issue
      and the related powers granted to the
      Board of Directors
18    Amend the Article of Association number   *         For        Management
      10-1-A, with a view to increase the
      number of Directors, namely a minimum of
      3 and a maximum of 14, individuals or
      moral entities, moral entities shall
      appoint a permanent representative with
      the same obligations an
19    Amend the Article of Association number 9 *         Against    Management
20    Appoint Mr. Charles De Croisset as a      *         For        Management
      Director for 4 years
21    Grant all powers to the bearer of a copy  *         For        Management
      or an extract of the minutes of the
      present to accomplish all deposits and
      publications prescribed by law
22    A Verification Period exists in France.   *         No Vote    Management
      Please see http://ics.adp.com/marketguide
      for complete information.    Verification
      Period:  Registered Shares: 1 to 5 days
      prior to the meeting date, depends on
      company s by-laws.  Bearer Shares: 6 days
      prior to t
23    PLEASE NOTE THAT THE MEETING HELD ON 16   *         No Vote    Management
      APR 2004 HAS BEEN POSTPONED DUE TO LACK
      OF QUORUM AND THAT THE SECOND CONVOCATION
      WILL BE HELD ON 30 APR 2004. IF YOU HAVE
      ALREADY SENT YOUR VOTES, PLEASE DO NOT
      RETURN THIS PROXY FORM UNLESS YOU DECIDE
      TO AMEND YOU


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

RICOH CO. LTD.

Ticker:       RICL20         Security ID:  J64683105
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 8,
      Final JY 10, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management


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

RMC GROUP PLC

Ticker:                      Security ID:  G76050106
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 21.8 Pence Per  For       For        Management
      Ordinary Share
3     Elect David Munro as Director             For       For        Management
4     Re-elect Bill Alexander as Director       For       For        Management
5     Re-elect Alastair Robinson as Director    For       For        Management
6     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
7     Approve Remuneration Report               For       For        Management
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 22,177,997
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,327,032
10    Authorise 26,537,390 Ordinary Shares for  For       For        Management
      Market Purchase
11    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 50,000


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

ROYAL BANK OF SCOTLAND GROUP PLC

Ticker:       RBS            Security ID:  G76891111
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 35.7 Pence Per  For       For        Management
      Share
4     Re-elect Emilio Botin as Director         For       For        Management
5     Re-elect Lawrence Fish as Director        For       For        Management
6     Re-elect Sir Angus Grossart as Director   For       For        Management
7     Re-elect Sir George Mathewson as Director For       For        Management
8     Re-elect Gordon Pell as Director          For       For        Management
9     Re-elect Iain Robertson as Director       For       For        Management
10    Re-elect Sir Iain Vallance as Director    For       For        Management
11    Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
12    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 247,120,127
14    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 37,068,019
15    Authorise 296,544,152 Ordinary Shares for For       For        Management
      Market Purchase
16    Approve Increase in Authorised Capital by For       For        Management
      Creation of 110 Million Category II
      Non-cumulative Dollar Preference Shares;
      Issue Equity with Pre-emptive Rights up
      to All the Existing Preference Shares
17    Amend Articles Re: Preference Shares      For       For        Management


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

ROYAL KPN NV

Ticker:       KPN            Security ID:  N4297B146
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3.1   Approve Financial Statements and          For       For        Management
      Statutory Reports
3.2   Receive Explanation of Reserves and       None      None       Management
      Dividend Policy
3.3   Approve Dividends                         For       For        Management
4.1   Approve Discharge of Management Board     For       For        Management
4.2   Approve Discharge of Supervisory Board    For       For        Management
5     Discussion about Company's Corporate      None      None       Management
      Governance Report
6     Approve Remuneration Policy               For       For        Management
7.1   Ratify PricewaterhouseCoopers Accountants For       For        Management
      N.V. as Auditors
7.2   Authorize Board to Prepare Annual Report  For       For        Management
      in English
8.1   Opportunity for General Meeting to Make   None      None       Management
      Recommendations for Appointment Member of
      Supervisory Board
8.2   Reelect D. Eustace to Supervisory Board   For       For        Management
8.3   Receive Announcement of Vacancy on        None      None       Management
      Supervisory Board
8.4   Elect E. Blok as New Member to Management For       For        Management
      Board
9.1   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9.2   Grant Board Authority to Issue Ordinary   For       Against    Management
      Shares Up to 20 Percent of Issued Capital
      and All Unissued but Authorized Class B
      Preference Shares
9.3   Grant Board Authority to Exclude          For       Against    Management
      Preemptive Rights from Issuance Under
      Item 9.2
10    Approve Proposal to Reduce Capital        For       For        Management
      Through Cancellation of Own Shares Up to
      10 Percent of Issued Share Capital
11    Other Business (Non-Voting)               None      None       Management


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

ROYAL PHILIPS ELECTRONICS NV, EINDHOVEN

Ticker:       <NULL>         Security ID:  N6817P109
Meeting Date: MAR 25, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PLEASE NOTE THAT THIS IS AN AMENDMENT TO  *         No Vote    Management
      MEETING # 124941 DUE TO CHANGE IN
      THEMEETING DATE.  ALL VOTES RECEIVED ON
      THE PREVIOUS MEETING WILL BE
      DISREGARDEDAND YOU WILL NEED TO
      REINSTRUCT ON THIS MEETING NOTICE. THANK
      YOU.
2     Opening                                   *         No Vote    Management
3     Proposal to adopt the 2003 financial      *         For        Management
      statements
4     Explanation of corporate governance       *         No Vote    Management
      structure
5     Explanation of policy on additions to     *         No Vote    Management
      reserves and dividends
6     Proposal to adopt a dividend of EUR 0.36  *         For        Management
      per common share
7     Proposal to discharge the members of the  *         For        Management
      Board of Management for their
      responsibilities
8     Proposal to discharge the members of the  *         For        Management
      Supervisory Board for their
      responsibilities
9     Proposal to re-appoint Mr. K.A.L.M. van   *         For        Management
      Miert as a member of the Supervisory
      Board of the Company with effect from
      March 25, 2004
10    Proposal to appoint Mr. E. Kist as a      *         For        Management
      member of the Supervisory Board of the
      Company with effect from July 1, 2004
11    Proposal to adopt the remuneration policy *         For        Management
      for the Board of Management
12    Proposal to allocate the pool of stock    *         For        Management
      options and restricted shares to be
      granted to members of the Board of
      Management
13    Proposal to authorize the Board of        *         For        Management
      Management for a period of 18 months, as
      ofMarch 25, 2004, as the body which is
      authorized to decide, with the approvalof
      the Supervisory Board and the Meeting of
      Priority Shareholders, to issue shares or
      rights to share
14    Proposal to authorize the Board of        *         For        Management
      management for a period of 18 months, as
      ofMarch 25, 2004, within the limits of
      the law and the Articles of
      Association,to acquire for valuable
      consideration, on the stock exchange or
      otherwise, shares in the Company at
15    Proposal to authorize the Board of        *         For        Management
      Management for a period of 18 months, as
      ofMarch 25, 2004, to determine within the
      limits of the law, upon convening a
      General Meeting of Shareholders of the
      Company, that those persons who are
      registered in a register a
16    Any other business                        *         No Vote    Management
17    Closing                                   *         No Vote    Management


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

SAGE GROUP PLC

Ticker:       <NULL>         Security ID:  G7771K134
Meeting Date: MAR 4, 2004    Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive and approve the audited accounts  *         For        Management
      for the YE 30 SEP 2003, together withthe
      reports of the Directors and the Auditors
2     Declare a final dividend recommended by   *         For        Management
      the Directors of 1.095 pence per ordinary
      share for the YE 30 SEP 2003 to be paid
      on 12 MAR 2004 to the members whose names
      appear on the register on 13 FEB 2004
3     Re-elect Mr. M.E.W. Jackson as a Director *         For        Management
4     Re-elect Mr. P.A. Walker as a Director    *         For        Management
5     Re-elect Mr. P.S. Harrison as a Director  *         For        Management
6     Re-elect Mr. P.L. Stobart as a Director   *         For        Management
7     Re-appoint Messrs. PricewaterhouseCoopers *         For        Management
      LLP as the Auditors of the Company and
      authorize the Directors to determine
      their remuneration
8     Approve the remuneration report           *         For        Management
9     Authorize the Directors, in substitution  *         For        Management
      of all existing authorities, subjectto
      and in accordance with Article 6 of the
      Company s Articles of Association,to
      allot relevant securities up to a maximum
      nominal amount of GBP 4,263,861;Authority
      expires at the
10    Authorize the Directors, subject to and   *         For        Management
      in accordance with Article 7 of the
      Company s Articles of Association, to
      allot equity securities for cash and
      that,for the purposes of paragraph 1(b)
      of Article 7, the nominal amount to
      whichthis power is limited i


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

SANKYO CO. LTD.

Ticker:                      Security ID:  J67822106
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Interim Special JY 2.5, Final JY 10,
      Final Special JY 7.5
2     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Share Repurchase from
      1.18 Billion to 1.17 Billion Shares -
      Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Executive Stock Option Plan       For       For        Management


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

SANOFI-SYNTHELABO (FORMERLY SANOFI)

Ticker:                      Security ID:  F5548N101
Meeting Date: JUN 23, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.53 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Authorize Issuance of Bonds/Debentures in For       For        Management
      the Aggregate Value of EUR 7 Billion
7     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 750 Million; Set Global Limit for
      Capital Increase to Result from Issuance
      Requests in Items 7-10 at EUR 1.25
      Billion
8     Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 750 Million
9     Allow Board to Issue Shares in the Event  For       Against    Management
      of a Public Tender Offer or Share
      Exchange Offer
10    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 500 Million for Bonus Issue or
      Increase in Par Value
11    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
12    Approve Stock Option Plan Grants          For       For        Management
13    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
14    Authorize Capital Increase of Up to EUR   For       For        Management
      1.429 Billion for Aventis Exchange Offer
15    Change Company Name to Sanofi-Aventis     For       For        Management
16    Amend Articles of Association to Reduce   For       For        Management
      Term of Board Members from Five to Four
      Years
17    Amend Articles to Reflect 2003 Legal      For       For        Management
      Changes Re: Powers of the Chairman
18    Reelect Jean-Francois Dehecq as Director  For       For        Management
      (Representing Sanofi-Synthelabo)
19    Reelect Rene Barbier de la Serre as       For       For        Management
      Director (Representing Sanofi-Synthelabo)
20    Reelect Robert Castaigne as Director      For       For        Management
      (Representing Sanofi-Synthelabo)
21    Reelect Thierry Desmarest as Director     For       For        Management
      (Representing Sanofi-Synthelabo)
22    Reelect Lindsay Owen-Jones as Director    For       For        Management
      (Representing Sanofi-Synthelabo)
23    Reelect Bruno Weymuller as Director       For       For        Management
      (Representing Sanofi-Synthelabo)
24    Confirm Appointment of Lord Douro as      For       For        Management
      Director (Representing Sanofi-Synthelabo)
25    Confirm Appointment of Gerard Van Kemmel  For       For        Management
      as Director (Representing
      Sanofi-Synthelabo)
26    Elect Christian Mulliez as Director       For       For        Management
      (Representing Sanofi-Synthelabo)
27    Elect Jean-Marc Bruel as Director         For       For        Management
      (Representing Aventis)
28    Elect Jurgen Dormann as Director          For       For        Management
      (Representing Aventis)
29    Elect Jean-Rene Fourtou as Director       For       For        Management
      (Representing Aventis)
30    Elect Serge Kampf as Director             For       For        Management
      (Representing Aventis)
31    Elect Igor Landau as Director             For       For        Management
      (Representing Aventis)
32    Elect Hubert Markl as Director            For       For        Management
      (Representing Aventis)
33    Elect Klaus Pohle as Director             For       For        Management
      (Representing Aventis)
34    Elect Hermann Scholl as Director          For       For        Management
      (Representing Aventis)
35    Confirm End of Term of Permanent          For       For        Management
      Representative of Elf Aquitaine, L'Oreal,
      Pierre Castres Saint-Martin,
      Pierre-Gilles de Gennes, and Herve Guerin
      as Directors
36    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of Up to EUR 1 Million
37    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

SANPAOLO IMI SPA

Ticker:                      Security ID:  T8249V104
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements,             For       For        Management
      Consolidated Accounts, Statutory Reports,
      and Allocation of Income
2     Fix Number of Directors on the Board;     For       Against    Management
      Elect Directors for the Three-Year Term
      2004-2006; Elect Chairman of the Board;
      Determine Directors' Remuneration
3     Elect External Auditors for the           For       For        Management
      Three-Year Term 2004-2006 and Fix
      Remuneration of Auditors
4     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
5     Appoint One Alternate Internal Statutory  For       For        Management
      Auditor to Reintegrate Members of the
      Board of Internal Statutory Auditors


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

SANPAOLO IMI SPA

Ticker:                      Security ID:  T8249V104
Meeting Date: JUN 29, 2004   Meeting Type: Special
Record Date:  JUN 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Partially To Reflect New   For       For        Management
      Italian Company Law Regulations
2     Acquire Part of 'Fideuram Vita Compagnia  For       For        Management
      di Assicurazioni e Riassicurazioni Spa'
      From Its Spin-Off From 'Banca Fideuram
      Spa'


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

SANPAOLO IMI SPA, TORINO

Ticker:       <NULL>         Security ID:  T8249V104
Meeting Date: APR 28, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PLEASE NOTE THAT THIS IS AN ORDINARY      *         No Vote    Management
      GENERAL MEETING AND IN THE EVENT THE
      MEETING DOES NOT REACH QUORUM, THERE WILL
      BE A SECOND CALL ON 29 APR 2004. THANK
      YOU.
2     Approve the financial statement and       *         For        Management
      consolidated financial statement at 31
      DEC2003 and the Board of Directors and
      Auditors report and the allocation of
      profits
3     Approve to determine the number of        *         Against    Management
      Members of the Board of Directors and
      re-appoint and emoluments of the Chairman
      and the Board of Directors related to
      Corporate years 2004/2005/2006
4     Appoint the auditing concerning financial *         For        Management
      statement related to Corporate
      years2004/2005/2006
5     Grant authority to buy back               *         For        Management
6     Appoint the Deputy Auditor                *         For        Management


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

SCHERING AG

Ticker:       <NULL>         Security ID:  D67334108
Meeting Date: APR 16, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the presentation of the Financial *         For        Management
      Statements and Annual Report for the2003
      FY with the report of the Supervisory
      Board, the group Financial Statements and
      group Annual Report
2     Receive resolution, on the appropriation  *         For        Management
      of the distributions profit of EUR
      223,420,000 as follows: Payment of a
      dividend of EUR .93 per no-par share EUR
      43,000,000 shall be allocated to the
      revenue reserves Ex-dividend and payable
      date:19 APR 2004
3     Ratify the acts of the Board of MDs       *         For        Management
4     Ratify the acts of the Supervisory Board  *         For        Management
5     Appoint the Auditors for the 2004 FY BDO  *         For        Management
      Deutsche Warentreuhand AG, Berlin
6     Receive resolution, on the creation of    *         Against    Management
      the authorized capital, and the
      correspondence amendment to the Article
      of Association. The Board of MDs shall
      authorized, wit the consent of the
      Supervisory Board, to increase the shares
      capitalby up to EUR 97,000,0
7     Receive resolution, on the authorization  *         For        Management
      to issue convertible and/or warrant
      bonds, the creation of contingent
      capital, and the correspondence amendment
      tothe Article of Association. The Board
      of MDs shall authorized, wit the
      consentof the Supervisory Boa
8     Receive resolution, ont he remuneration   *         For        Management
      for the Supervisory Board, and the
      correspondence amendment to the Article
      of Association. Each member of the
      Supervisory Board shall receive a fixed
      annual remuneration of EUR 50,000, a
      profitrelated remuneration f
9     Amend the Article of Association          *         For        Management
10    Authorize to acquire own shares. The      *         For        Management
      Board of MDs shall be authorized to
      acquire shares of the Company of up to
      EUR 19,400,000, through the stock
      exchange at a price neither more than 10%
      above, nor more than 20% below the market
      price of the sahres, or b
11    Elect the Supervisory Board               *         For        Management
12    Approve the profit transfer agreements    *         For        Management
      with the Companys wholly-owned
      subsidiaries Schering Deutschland Holding
      AG, Schering Finnland Holding GmbH,
      Pharma-Verlags-buchhandlung GmbH,
      Schering Versicherungs-Vermittlung GmbH,
      and Berlax01 GmbH, effective unt
13    Approve the control and profit transfer   *         For        Management
      agreement with the Companys  wholly-owned
      subsidiary Schering International Holding
      GmbH, effective until at least 31 DEC
      2008


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

SCHERING AG

Ticker:       SHR10          Security ID:  D67334108
Meeting Date: APR 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.93 per Share
3     Approve Discharge of Management Board     For       For        Management
4     Approve Discharge of Supervisory Board    For       For        Management
5     Ratify BDO Deutsche Warentreuhand AG as   For       For        Management
      Auditors
6     Approve Creation of EUR 97 Million Pool   For       Against    Management
      of Conditional Capital without Preemptive
      Rights
7     Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 600
      Million with Preemptive Rights; Approve
      Creation of EUR 10 Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights
8     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration due to Changes in German
      Disclosure Regulations
9     Adopt New Articles of Association         For       For        Management
10    Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital; Authorize Board
      to Issue Repurchased Shares as New Shares
      without Preemptive Rights
11    Elect Karl-Hermann Baumann, Piet Borst,   For       For        Management
      Mathias Doepfner, John Dormandy, Reiner
      Hagemann, Martin Kohlhaussen,
      Hermann-Josef Lamberti, and Giuseppe Vita
      to the Supervisory Board
12    Approve Affiliation Agreements with       For       For        Management
      Subsidiaries
13    Approve Affiliation Agreements with       For       For        Management
      Schering International Holding GmbH


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

SCHNEIDER ELECTRIC SA

Ticker:       <NULL>         Security ID:  F86921107
Meeting Date: MAY 6, 2004    Meeting Type: MIX
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the Directors and the Supervisory *         For        Management
      Auditors reports relating to the
      financial statements for the YE 31 DEC
      2003
2     Acknowledge that the consolidated         *         For        Management
      accounts were presented, and that the
      Boardof Directors  report for the Group
      is included in the Board of Directors
      report
3     Approve the Special Auditor s report, in  *         For        Management
      accordance with the provisions of Article
      L.225-40 French Company Act , upon the
      agreements concerned by the Article
      L225-38 of the Law
4     Approve the integration into the account  *         For        Management
      balance carried forward of: balance
      carried forward of: the part of the
      withholding tax repaid by the public
      revenue department, I.E.EUR
      23,105,796.39, the dividend, accruing to
      the self holding shares, non paid, I
5     Appoint Mr. Caisse Des Depots Et          *         For        Management
      Consignations as Director for a period of
      4 years
6     Appoint Mr. M. Chris C. Richardson as     *         For        Management
      Director for a period of 4 years
7     Approve to renew the term of office of    *         For        Management
      Mr. M. Alain Burq as a Director for a
      period of 4 years
8     Approve to renew the term of office of    *         For        Management
      Mr. M. Alain Bouton as a Director for
      aperiod of 4 years
9     Approve to renew the term of office of    *         For        Management
      Mr. M. Thierry Breton as a Director fora
      period of 4 years
10    Approve to renew the term of office of    *         For        Management
      Mr. M. Willy Kissling as a Director fora
      period of 4 years
11    Approve to renew the term of office of    *         For        Management
      Mr. M. Piero Sierra as a Director for
      aperiod of 4 years
12    Approve to renew the term of office of    *         For        Management
      Barbier Frinault Et Autres  Ernst And
      Young  as the Statutory Auditors period
      of 6 FY
13    Appoint M. Philippe Diu as the Deputy     *         For        Management
      Auditor of Barbier Frinault Et Autres for
      a period of 6 FY
14    Appoint Mazars and Guerard as the         *         For        Management
      Statutory Auditor for a period of 6 FY
15    Appoint M. Charles Vincensini as a Deputy *         For        Management
      Auditor for a period of 6 FY
16    Authorize the Board, to trade the Company *         For        Management
      s shares on the stock exchange in view of
      adjusting their price as per the
      following conditions: maximum
      purchaseprice: EUR 80.00; minimum selling
      price: EUR 40.00; and, maximum number of
      shares to be traded: 10%;
17    Amend the Articles of Association Number  *         For        Management
      11
18    Authorize the Board of Directors to       *         Against    Management
      proceed, with the issue of shares and
      other securities giving access to the
      issue of shares and other securities
      givingaccess to the Company share
      capital, reserved to the members of an
      enterprisesavings plan for a maxi
19    Authorize the Board of Directors, to      *         Against    Management
      grant, in one or several stages, to
      beneficiaries to be chosen by it. Stock
      options granting the right to subscribe
      toSchneider Electric S.A. the maximum
      number of stock options, giving right to
      subscribe or the purcha
20    Authorize the Board of Directors to       *         For        Management
      decrease the share capital by canceling
      the shares held by the Company in
      connection with a stock repurchase plan,
      within a limit of 10% over a 24 months
      period and authorize the Board of
      Directorsto take all necessary
21    Approve that the general meeting decides  *         Against    Management
      that in period of take over or exchange,
      the Board of Directors will be allowed to
      utilize the delegations grantedto it to
      increase the share capital, only if the
      share said increase is assigned to allow
      the realiz
22    Grant all powers to the bearer of a copy  *         For        Management
      or an extract of the minutes of the
      present to accomplish all deposits and
      publications prescribed by law
23    A Verification Period exists in France.   *         No Vote    Management
      Please see http://ics.adp.com/marketguide
      for complete information.    Verification
      Period:  Registered Shares: 1 to 5 days
      prior to the meeting date, depends on
      company s by-laws.  Bearer Shares: 6 days
      prior to t
24    PLEASE NOTE THAT THE MEETING HELD ON 27   *         No Vote    Management
      APR 2004 HAS BEEN POSTPONED DUE TO LACK
      OF QUORUM AND THAT THE SECOND CONVOCATION
      WILL BE HELD ON 06 MAY 2004. PLEASE ALSO
      NOTE THE NEW CUTOFF DATE. IF YOU HAVE
      ALREADY SENT YOUR VOTES, PLEASE DO NOT
      RETURN THIS PRO


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

SCHNEIDER ELECTRIC SA (FORMERLY SCHNEIDER SA)

Ticker:                      Security ID:  F86921107
Meeting Date: APR 27, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.65 per Share
5     Elect Caisse des Depots et Consignations, For       For        Management
      Represented by Jerome Gallot, as Director
6     Elect Chris C. Richardson as Director     For       For        Management
7     Reelect Alain Burq as Representative of   For       For        Management
      Employee Shareholders to the Board
8     Reelect Daniel Bouton as Director         For       For        Management
9     Reelect Thierry Breton as Director        For       For        Management
10    Reelect Willy Kissling as Director        For       For        Management
11    Reelect Piero Sierra as Director          For       For        Management
12    Reappoint Barbier Frinault et Autres      For       For        Management
      (Ernst & Young) as Auditors
13    Ratify Philippe Diu as Alternate Auditor  For       For        Management
      to Barbier Frinault et Autres (Ernst &
      Young)
14    Appoint Mazars & Guerard as Auditor       For       For        Management
15    Ratify Charles Vincensini as Alternate    For       For        Management
      Auditor to Mazars & Guerard
16    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
17    Amend Articles of Association to          For       For        Management
      Authorize the Appointment of Censors
18    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
19    Approve Stock Option Plan Grants          For       Against    Management
20    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
21    Allow Board to Issue Shares in the Event  For       Against    Management
      of a Public Tender Offer or Share
      Exchange Offer
22    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

SCHNEIDER ELECTRIC SA (FORMERLY SCHNEIDER SA)

Ticker:                      Security ID:  F86921107
Meeting Date: MAY 6, 2004    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.65 per Share
5     Elect Caisse des Depots et Consignations, For       For        Management
      Represented by Jerome Gallot, as Director
6     Elect Chris C. Richardson as Director     For       For        Management
7     Reelect Alain Burq as Representative of   For       For        Management
      Employee Shareholders to the Board
8     Reelect Daniel Bouton as Director         For       For        Management
9     Reelect Thierry Breton as Director        For       For        Management
10    Reelect Willy Kissling as Director        For       For        Management
11    Reelect Piero Sierra as Director          For       For        Management
12    Reappoint Barbier Frinault et Autres      For       For        Management
      (Ernst & Young) as Auditors
13    Ratify Philippe Diu as Alternate Auditor  For       For        Management
      to Barbier Frinault et Autres (Ernst &
      Young)
14    Appoint Mazars & Guerard as Auditor       For       For        Management
15    Ratify Charles Vincensini as Alternate    For       For        Management
      Auditor to Mazars & Guerard
16    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
17    Amend Articles of Association to          For       For        Management
      Authorize the Appointment of Censors
18    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
19    Approve Stock Option Plan Grants          For       Against    Management
20    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
21    Allow Board to Issue Shares in the Event  For       Against    Management
      of a Public Tender Offer or Share
      Exchange Offer
22    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

SIEMENS AG

Ticker:       <NULL>         Security ID:  D69671218
Meeting Date: JAN 22, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Presentation of the financial statements  *         For        Management
      and annual report for the 2002/2003 FY
      with the report of the Supervisory Board,
      the Group financial statements andthe
      Group annual report
2     Approve the appropriation of the          *         For        Management
      distributable profit of EUR
      979,952,931.10 asfollows: payment of a
      dividend of EUR 1.10 per entitled no-par
      share and thedividend on the shares held
      by the Company shall be carried forward;
      Ex-dividend and payable date: 23
3     Ratify the acts of the Board of Managing  *         For        Management
      Directors
4     Ratify the acts of the Supervisory Board  *         For        Management
5     Appoint KPMG, Berlin and Frankfurt, as    *         For        Management
      the Auditors for the 2003/2004 FY
6     Elect the Supervisory Board               *         For        Management
7     Authorize the Company to acquire own      *         For        Management
      shares of up to 10% of the share
      capital,once or more than once between 01
      MAR 04 and 21 JUL 05 and the price paid
      forsuch shares shall deviate neither more
      than 10% from their market price if they
      are acquired through
8     Authorize the Board of Managing Directors *         For        Management
      to increase the share capital by upto EUR
      600,000,000 through the issue of up to
      200,000,000 new registered no-par shares
      against contributions in cash and/or
      kind, once or more than once onor before
      21 JAN 09; sh
9     Authorize the Board of Managing Directors *         For        Management
      to issue bonds of up to EUR
      11,250,000,000 conferring convertible or
      option rights for new shares of the
      Company,once or more than once on or
      before 21 JAN 09; shareholders shall be
      granted subscription rights exc
10    PLEASE NOTE THAT THIS IS A REVISION TO    *         No Vote    Management
      REFLECT THAT  SIEMENS AG  SHARES ARE
      ISSUED IN REGISTERED FORM AND AS SUCH DO
      NOT REQUIRE SHARE BLOCKING IN ORDER
      TOENTITLE YOU TO VOTE.  IF YOU HAVE
      ALREADY SENT YOUR VOTES, PLEASE DO NOT
      RETURN THIS PROXY FORM UNLE


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

SMITH & NEPHEW PLC

Ticker:       SNN            Security ID:  G82343164
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 3.1 Pence Per   For       For        Management
      Share
3     Re-elect Warren Knowlton as Director      For       For        Management
4     Re-elect Christopher O'Donnell as         For       For        Management
      Director
5     Re-elect Richard De Schutter as Director  For       For        Management
6     Re-elect Rolf Stomberg as Director        For       For        Management
7     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 33,321,078
9     Approve Remuneration Report               For       For        Management
10    Approve the Smith and Nephew 2004         For       For        Management
      Performance Share Plan
11    Approve the Smith and Nephew 2004         For       For        Management
      Executive Share Option Plan
12    Approve the Smith and Nephew 2004         For       For        Management
      Co-investment Plan
13    Authorise the Directors to Establish      For       For        Management
      Overseas Share Schemes
14    Authorise the Directors to Establish the  For       For        Management
      New Discretionary Trust
15    Amend the Smith and Nephew 2001 UK        For       For        Management
      Approved Share Option Plan
16    Amend the Smith and Nephew 2001 UK        For       For        Management
      Unapproved Share Option Plan
17    Approve Reclassification of the One       For       For        Management
      Issued 'B' Ordinary Share of 12 2/9 Pence
      as an Ordinary Share Having the Same
      Rights and Subject to the Same
      Restrictions as Existing Ordinary Shares
18    Authorise 93,486,408 Shares for Market    For       For        Management
      Purchase
19    Adopt New Articles of Association         For       For        Management
20    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,713,057
21    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 900,000
      Per Year


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

SUMITOMO CORP.

Ticker:                      Security ID:  J77282119
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 4, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonus for Director     For       For        Management


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

SUMITOMO ELECTRIC INDUSTRIES LTD.

Ticker:                      Security ID:  J77411114
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 4, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management


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

SWIRE PACIFIC

Ticker:                      Security ID:  Y83310105
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Final Dividend of HK$1.02 Per A   For       For        Management
      Share and HK$0.204 Per B Share
2a    Reelect P.A. Johansen as Director         For       For        Management
2b    Reelect Adrian Swire as Director          For       For        Management
3     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Authorize Reissuance of Repurchased       For       For        Management
      Shares
7     Amend Articles Re: Corporate              For       For        Management
      Communications, Postponement of General
      Meetings, Editing Changes


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

TAKEDA CHEMICAL INDUSTRIES LTD.

Ticker:                      Security ID:  J81281115
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 36,
      Final JY 41, Special JY 0
2     Amend Articles to: Change Company Name in For       For        Management
      English to Takeda Pharmaceutical Co. Ltd.
      - Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


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

TESCO PLC

Ticker:                      Security ID:  G87621101
Meeting Date: JUN 18, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 4.77 Pence Per  For       For        Management
      Ordinary Share
4     Amend Articles of Association Re:         For       For        Management
      Director's Retirement Age
5     Re-elect Charles Allen as Director        For       For        Management
6     Re-elect Philip Clarke as Director        For       For        Management
7     Re-elect Harald Einsmann as Director      For       For        Management
8     Re-elect Veronique Morali as Director     For       For        Management
9     Re-elect Graham Pimlott as Director       For       For        Management
10    Elect Richard Brasher as Director         For       For        Management
11    Elect Ken Hydon as Director               For       For        Management
12    Elect Mervyn Davies as Director           For       For        Management
13    Elect David Reid as Director              For       For        Management
14    Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
15    Approve Increase in Authorised Share      For       For        Management
      Capital from GBP 481,600,000 to GBP
      530,000,000
16    Approve Scrip Dividend                    For       For        Management
17    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 128.07 Million
18    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 19.21 Million
19    Authorise 768.44 Million Ordinary Shares  For       For        Management
      for Market Purchase
20    Authorise Tesco Stores CR a.s. to Make EU For       For        Management
      Political Donations up to GBP 25,000 and
      Incur EU Political Expenditure up to GBP
      25,000
21    Authorise Tesco Stores SR a.s. to Make EU For       For        Management
      Political Donations up to GBP 25,000 and
      Incur EU Political Expenditure up to GBP
      25,000
22    Authorise Tesco Global Rt to Make EU      For       For        Management
      Political Donations up to GBP 25,000 and
      Incur EU Political Expenditure up to GBP
      25,000
23    Authorise Tesco Polska Sp z.o.o. to Make  For       For        Management
      EU Political Donations up to GBP 25,000
      and Incur EU Political Expenditure up to
      GBP 25,000
24    Approve the Tesco PLC Performance Share   For       For        Management
      Plan 2004
25    Approve the Tesco PLC 2004 Discretionary  For       For        Management
      Share Option Plan


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

THE NEWS CORPORATION LTD

Ticker:       <NULL>         Security ID:  Q67027112
Meeting Date: OCT 15, 2003   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PLEASE NOTE THAT THIS IS AN AMENDMENT TO  *         No Vote    Management
      MEETING # 113068 DUE TO ADDITIONAL
      RESOLUTIONS.  ALL VOTES RECEIVED ON THE
      PREVIOUS MEETING WILL BE DISREGARDED
      ANDYOU WILL NEED TO REINSTRUCT ON THIS
      MEETING NOTICE. THANK YOU.
2     Re-elect Mr. L. Murdoch as a Director     *         For        Management
3     Re-elect Mr. T. Perkins as a Director`    *         For        Management
4     Re-elect Mr. S. Shuman as a Director      *         For        Management
5     Re-elect Mr. A. Siskind as a Director     *         For        Management
6     Approve to grant, pursuant to and in      *         Against    Management
      accordance with the terms and
      conditionsof the News Corporation Share
      Option Plan  Plan , to Mr. C. Carey an
      ExecutiveDirector of the Company, 500,000
      number of options, Mr. P. Chernin an
      Executive Director of the Comp
7     Approve the payment of an aggregate of up *         For        Management
      to AUD 1.85 million  approximately USD
      1.2 million  per annum to the Directors,
      other than any in full time employment of
      the Company or any of its subsidiaries,
      for their services as Directors


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

TOMKINS PLC

Ticker:       TKS            Security ID:  G89158136
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 7.4 Pence Per   For       For        Management
      Share
4     Re-elect David Newlands as Director       For       For        Management
5     Re-elect Kenneth Lever as Director        For       For        Management
6     Re-elect Sir Brian Pitman as Director     For       For        Management
7     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 12,887,706
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,933,155
11    Authorise 77,326,236 Ordinary Shares for  For       For        Management
      Market Purchase
12    Amend Articles Re: Wordings               For       For        Management


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

TOPPAN PRINTING CO. LTD.

Ticker:                      Security ID:  J89322119
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 8,
      Final JY 9, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion - Limit
      Directors' and Internal Auditors' Legal
      Liability
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
3.26  Elect Director                            For       For        Management
3.27  Elect Director                            For       For        Management
3.28  Elect Director                            For       For        Management
3.29  Elect Director                            For       For        Management
3.30  Elect Director                            For       For        Management
3.31  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


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

TOTAL S.A. (FORMERLY TOTAL FINA ELF  S.A )

Ticker:       TOT            Security ID:  F92124100
Meeting Date: APR 28, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and Net      For       For        Management
      Dividends of EUR 4.70 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital and Reissuance of
      Repurchased Shares
6     Authorize Issuance of Bonds/Debentures    For       For        Management
7     Reelect Thierry Desmarest as Director     For       For        Management
8     Reelect Thierry de Rudder as Director     For       For        Management
9     Reelect Serge Tchuruk as Director         For       For        Management
10    Elect Daniel Boeuf as Representative of   For       For        Management
      Employee Shareholders to the Board
11    Elect Philippe Marchandise as             Against   Against    Management
      Representative of Employee Shareholders
      to the Board
12    Elect Cyril Mouche as Representative of   Against   Against    Management
      Employee Shareholders to the Board
13    Elect Alan Cramer as Representative of    Against   Against    Management
      Employee Shareholders to the Board
14    Ratify Ernst & Young Audit as Auditors    For       For        Management
15    Ratify KPMG Audit as Auditors             For       For        Management
16    Ratify Pierre Jouanne as Alternate        For       For        Management
      Auditor
17    Ratify Jean-Luc Decornoy as Alternate     For       For        Management
      Auditor
18    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 900,000
19    Approve Stock Option Plan Grants          For       For        Management
20    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 4 Billion
21    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 2 Billion
22    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan


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

TOTAL S.A. (FORMERLY TOTAL FINA ELF  S.A )

Ticker:       TOT            Security ID:  F92124100
Meeting Date: MAY 14, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and Net      For       For        Management
      Dividends of EUR 4.70 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital and Reissuance of
      Repurchased Shares
6     Authorize Issuance of Bonds/Debentures    For       For        Management
7     Reelect Thierry Desmarest as Director     For       For        Management
8     Reelect Thierry de Rudder as Director     For       For        Management
9     Reelect Serge Tchuruk as Director         For       For        Management
10    Elect Daniel Boeuf as Representative of   For       For        Management
      Employee Shareholders to the Board
11    Elect Philippe Marchandise as             Against   Against    Management
      Representative of Employee Shareholders
      to the Board
12    Elect Cyril Mouche as Representative of   Against   Against    Management
      Employee Shareholders to the Board
13    Elect Alan Cramer as Representative of    Against   Against    Management
      Employee Shareholders to the Board
14    Ratify Ernst & Young Audit as Auditors    For       For        Management
15    Ratify KPMG Audit as Auditors             For       For        Management
16    Ratify Pierre Jouanne as Alternate        For       For        Management
      Auditor
17    Ratify Jean-Luc Decornoy as Alternate     For       For        Management
      Auditor
18    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 900,000
19    Approve Stock Option Plan Grants          For       For        Management
20    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 4 Billion
21    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 2 Billion
22    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan


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

TOTAL SA

Ticker:       <NULL>         Security ID:  F92124100
Meeting Date: APR 28, 2004   Meeting Type: MIX
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the reading of the Board of       *         For        Management
      Directors  report and the general
      Auditorsreport and approve the accounts
      and the balance sheet of the Company
      total S.A. for the FY 2003
2     Receive the consolidated accounts and     *         For        Management
      that the Board of Directors  report
      forthe Group is included in the Board of
      Directors  report
3     Approve the profits for the FY as         *         For        Management
      follows: EUR 3,272,172,931.00; prior
      retained earnings: EUR 1,056,490,628.00;
      distributable profits: EUR
      4,328,663,559.00and approve the
      appropriation of the profits as follows:
      total number of shares: 655,130,985;
      global
4     Approve the Special Auditors  report, in  *         For        Management
      accordance with the provisions of Article
      L.225-38 of the Commercial Law
5     Authorize the Board, in substitution for  *         For        Management
      the authority of the Resolution 6 ofthe
      Combined General Meeting of 06 MAY 2003,
      to trade the Company s shares onthe stock
      exchange, notably in view of adjusting
      their price as per the following
      conditions: maximum
6     Authorize the Board of Directors, in      *         For        Management
      France or abroad, in substitution for
      theauthority of the Resolution 21 of the
      combined general meeting of 22 MAR 2000,
      with the issue of bond issues,
      subordinated or not, debt securities,
      subordinated or not permanent
7     Approve to renew the term of office of    *         For        Management
      Mr. Thierry Desmarest as a Director fora
      period of 3 years
8     Approve to renew the term of office of    *         For        Management
      Mr. Thierry Derudder as a Director fora
      period of 3 years
9     Approve to renew the term of office of    *         For        Management
      Mr. Serge Tchuruk as a Director for a
      period of 3 years
10    Appoint Mr. Daniel Boeuf as a Director,   *         For        Management
      in accordance with the provision of the
      Article 11, who represents the
      shareholding wage earners for a period of
      3 years
11    PLEASE NOTE THAT THIS RESOLUTION IS A     *         Against    Shareholder
      SHAREHOLDERS  PROPOSAL: Appoint Mr.
      Philippe Marchandise as a Director, in
      accordance with the provision of the
      Article 11, who represents the
      shareholding wage earners for a period of
      3 years
12    PLEASE NOTE THAT THIS RESOLUTION IS A     *         Against    Shareholder
      SHAREHOLDERS  PROPOSAL: Appoint Mr. Cyril
      Mouche as a Director, in accordance with
      the provision of the Article 11, who
      represents the shareholding wage earners
      for a period of 3 years
13    PLEASE NOTE THAT THIS RESOLUTION IS A     *         Against    Shareholder
      SHAREHOLDERS  PROPOSAL: Appoint Mr.
      AlanCramer as a Director, in accordance
      with the provision of the Article 11,
      whorepresents the shareholding wage
      earners for a period of 3 years
14    Appoint firm Ernst and Young Audit in     *         For        Management
      place of the firm Barbier, Frinault
      andAutres, as the statutory auditor for a
      period of 6 years
15    Approve to renew the term of office of    *         For        Management
      the Firm KPMG Audit as the Statutory
      Auditor for a period of 6 years
16    Appoint Mr. Pierre Jouanne, who replaces  *         For        Management
      Mr. Alain Grosmann, as the Deputy Auditor
      for a period of 6 years
17    Appoint Mr. Jean-Luc Decornoy as the      *         For        Management
      Deputy Auditor, who replaces the firm
      Salustro Reydel, for a period of 6 years
18    Approve the allocation of EUR 900,000.00  *         For        Management
      to the Directors as the attendance fees
19    Authorize the Board of Directors, in      *         For        Management
      substitution for the authority of the
      Resolution 9 of the combined general
      meeting of 22 MAR 2000, to grant to the
      benefit of the Members to be chosen by
      it, stock options granting the right to
      purchase the Company s n
20    Authorize the Board of Directors, in      *         For        Management
      substitution for the authority of the
      Resolution 11 of the combined general
      meeting of 22 MAR 2000, to proceed with
      thepreferential right, in France or
      aboard, with the issue of shares, equity
      warrants and the securiti
21    Authorize the Board of Directors to       *         For        Management
      proceed without the preferential right,
      inFrance or aboard, with the issue of
      securities up to a nominal amount of
      EUR2,000,000,000.00
22    Approve the capital increase, reserved    *         For        Management
      for the employees
23    A Verification Period exists in France.   *         No Vote    Management
      Please see http://ics.adp.com/marketguide
      for complete information.    Verification
      Period:  Registered Shares: 1 to 5 days
      prior to the meeting date, depends on
      company s by-laws.  Bearer Shares: 6 days
      prior to t
24    PLEASE NOTE IN THE EVENT THE MEETING DOES *         No Vote    Management
      NOT REACH QUORUM, THERE WILL BE A SECOND
      CALL ON 14 MAY 2004.  CONSEQUENTLY, YOUR
      VOTING INSTRUCTIONS WILL REMAINVALID FOR
      ALL CALLS UNLESS THE AGENDA IS AMENDED.
      PLEASE BE ALSO ADVISED THATYOUR SHARES
      WILL BE BLO


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

TOYOTA MOTOR CORP.

Ticker:       TM             Security ID:  J92676113
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Against    Management
      the Following Dividends: Interim JY 20,
      Final JY 25, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
3.26  Elect Director                            For       For        Management
3.27  Elect Director                            For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management
5     Authorize Share Repurchase Program        For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management
      and Special Bonus for Family of Deceased
      Director
7     Approve Alternate Allocation of Income,   Against   For        Shareholder
      with a Final Dividend of JY 40 Per Share
8     Amend Articles of Incorporation to        Against   For        Shareholder
      Require Disclosure of Individual
      Compensation Levels of Directors and
      Statutory Auditors
9     Amend Articles of Incorporation to        Against   Against    Shareholder
      Prohibit Corporate Donations to Political
      Parties and Political Fundraising Groups


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

TPG NV (FORMERLY TNT POST GROUP NV)

Ticker:       TP             Security ID:  N31143105
Meeting Date: APR 7, 2004    Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Presentation by M. Bakker         None      None       Management
3     Receive Report of Management Board        None      None       Management
4     Discussion about Company's Corporate      None      None       Management
      Governance Policy
5.1   Approve Financial Statements and          For       For        Management
      Statutory Reports
5.2   Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
5.3   Approve Discharge of Management Board     For       For        Management
5.4   Approve Discharge of Supervisory Board    For       For        Management
5.5   Authorize Board to Prepare Annual Report  For       For        Management
      in English
6.1   Ratify Previous Appointment of D. Kulik   For       For        Management
      and M. Lombard as New Members to the
      Management Board
6.2   Reelect M. Bakker to Management Board     For       For        Management
7     Approve Remuneration Policy for           For       For        Management
      Management Board
8.1   Opportunity for General Meeting to Make   None      None       Management
      Recommendations for Appointment Member of
      Supervisory Board
8.2   Reelect R. Abrahamsen to Supervisory      For       For        Management
      Board
8.3   Receive Announcement of Resignation of J. None      None       Management
      Hommem from Supervisory Board
9.1   Grant Board Authority to Issue All        For       Against    Management
      Preference B Shares as well as Ordinary
      Shares Up to 20 Percent of Issued Share
      Capital
9.2   Grant Board Authority to Restrict/Exclude For       Against    Management
      Preemptive Rights from Ordinary Share
      Issuance Under Item 9.1
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
11    Receive Announcement on the Conclusions   None      None       Management
      of Three-Year Assessment of the
      Functioning of the External Auditor
12    Amend Articles Re: Add Indemnity Clause   For       For        Management
      to Indemnify Members of Management Board
      and Supervisory Board
13    Allow Questions                           None      None       Management
14    Close Meeting                             None      None       Management


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

UBS AG

Ticker:                      Security ID:  H8920M855
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ANNUAL REPORT, GROUP AND PARENT COMPANY   For       For        Management
      ACCOUNTS FOR 2003. REPORTS OF THE GROUP
      AND STATUTORY AUDITORS
2     APPROPRIATION OF RETAINED EARNINGS.       For       For        Management
      DIVIDEND FOR FINANCIAL YEAR 2003
3     DISCHARGE OF THE MEMBERS OF THE BOARD OF  For       For        Management
      DIRECTORS AND THE GROUP EXECUTIVE BOARD
4     RE-ELECTION OF BOARD MEMBER: SIR PETER    For       For        Management
      DAVIS
5     ELECTION OF NEW BOARD MEMBER: STEPHAN     For       For        Management
      HAERINGER
6     ELECTION OF NEW BOARD MEMBER: HELMUT      For       For        Management
      PANKE
7     ELECTION OF NEW BOARD MEMBER: PETER       For       For        Management
      SPUHLER
8     RE-ELECTION OF GROUP AND STATUTORY        For       For        Management
      AUDITORS ERNST & YOUNG LTD., BASEL
9     CAPITAL REDUCTION: CANCELLATION OF SHARES For       For        Management
      REPURCHASED UNDER THE 2003/2004 SHARE
      BUYBACK PROGRAM AND RESPECTIVE AMENDMENT
      OF ARTICLE 4 OF THE ARTICLES OF
      ASSOCIATION
10    CAPITAL REDUCTION: APPROVAL OF A NEW      For       For        Management
      2004/2005 SHARE BUYBACK PROGRAM
11    IN CASE OF AD-HOC SHAREHOLDERS MOTIONS    For       For        Management
      DURING THE ANNUAL GENERAL MEETING, I/WE
      AUTHORIZE MY/OUR PROXY TO VOTE IN
      ACCORDANCE WITH THE BOARD OF DIRECTORS


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

UBS AG

Ticker:       <NULL>         Security ID:  H8920M855
Meeting Date: APR 15, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO VOTE IN THE UPCOMING MEETING, YOUR     *         For        Management
      NAME MUST BE NOTIFIED TO THE COMPANY
      REGISTRAR AS BENEFICIAL OWNER BEFORE THE
      RECORD DATE.  PLEASE ADVISE US NOW IF YOU
      INTEND TO VOTE.  NOTE THAT THE COMPANY
      REGISTRAR HAS DISCRETION OVER GRANTING
      VOTING RIGHTS.  ONC


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

UBS AG

Ticker:       <NULL>         Security ID:  H8920M855
Meeting Date: APR 15, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive the annual report, the Group and  *         For        Management
      the parent Company accounts for
      2003,reports of the Group and the
      Statutory Auditors
2     Approve the appropriation of retained     *         For        Management
      earnings dividend for FY 2003
3     Grant discharge to the Members of the     *         For        Management
      Board of Directors and the Group
      Executive Board
4     Re-elect Sir Peter Davis as a Director    *         For        Management
5     Elect Mr. Stephan Haeringer as a new      *         For        Management
      Board Member
6     Elect Mr. Helmut Panke as a new Board     *         For        Management
      Member
7     Elect Mr. Peter Spuhler as a new Board    *         For        Management
      Member
8     Re-elect Ernst Young Ltd., Basel, as the  *         For        Management
      Group and the Statutory Auditors
9     Approve to cancel the shares repurchased  *         For        Management
      under the 2003/2004 share buyback program
      and respective amendment of Article 4 of
      the Articles of Association
10    Approve the new 2004/2005 share buyback   *         For        Management
      program
11    PLEASE NOTE THAT THIS IS THE PART II OF   *         No Vote    Management
      THE NOTICE SENT UNDER MEETING
      #118239.THANK YOU


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

UNICREDITO ITALIANO SPA (FORM .CREDITO ITALIANO)

Ticker:                      Security ID:  T95132105
Meeting Date: APR 30, 2004   Meeting Type: Annual/Special
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Maximum 60 Million    For       For        Management
      Shares Pursuant to Share Option Scheme In
      Favor of Managers/Directors of the Group
2     Approve Issuance of Maximum 104.85        For       For        Management
      Million Shares Pursuant to Share Option
      Scheme In Favor of Employees of the Group
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Authorize Share Repurchase Program        For       For        Management
3     Approve Allocation of Income              For       For        Management
4     Appoint Internal Statutory Auditors,      For       For        Management
      Chairman, and Two Alternate Auditors
5     Approve Annual Remuneration of Internal   For       For        Management
      Statutory Auditors
6     Elect External Auditors, KPMG Spa, and    For       For        Management
      Fix Remuneration of Auditors


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

UNICREDITO ITALIANO SPA (FORM .CREDITO ITALIANO)

Ticker:                      Security ID:  T95132105
Meeting Date: JUN 25, 2004   Meeting Type: Special
Record Date:  JUN 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles To Reflect New Italian     For       Against    Management
      Company Law Regulations; Introduce One
      New Article in the Bylaws; Cancel Rules
      Governing General Meetings As Part of the
      Company's Bylaws
1     Approve Rules Governing General Meetings  For       For        Management


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

UNICREDITO ITALIANO SPA (FORM .CREDITO ITALIANO)

Ticker:                      Security ID:  T95132105
Meeting Date: MAY 4, 2004    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Maximum 60 Million    For       For        Management
      Shares Pursuant to Share Option Scheme In
      Favor of Managers/Directors of the Group
2     Approve Issuance of Maximum 104.85        For       For        Management
      Million Shares Pursuant to Share Option
      Scheme In Favor of Employees of the Group
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Authorize Share Repurchase Program        For       For        Management
3     Approve Allocation of Income              For       For        Management
4     Appoint Internal Statutory Auditors,      For       For        Management
      Chairman, and Two Alternate Auditors
5     Approve Annual Remuneration of Internal   For       For        Management
      Statutory Auditors
6     Elect External Auditors, KPMG Spa, and    For       For        Management
      Fix Remuneration of Auditors


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

UNILEVER N.V.

Ticker:       UN             Security ID:  N8981F156
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAY 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and Report   None      None       Management
      by Remuneration Committe
2     Approve Financial Statements and          For       For        Management
      Allocation of Income and Dividends
3     Approve Discharge of Board of Directors   For       For        Management
4     Discussion of Company's Corporate         For       For        Management
      Governance Report; Amend Articles Re:
      Adopt One-Tier Board Structure; Enable
      Shareholders to Override Binding
      Nominations for Appointment of Directors;
      Other Changes
5.1   Elect A. Burgmans as Executive Director   For       For        Management
5.2   Elect A. Butler as Executive Director     For       For        Management
5.3   Elect P. Cescau as Executive Director     For       For        Management
5.4   Elect K. Dadiseth as Executive Director   For       For        Management
5.5   Elect NWA Fitzgerald KBE as Executive     For       For        Management
      Director
5.6   Elect A. van Heemstra as Executive        For       For        Management
      Director
5.7   Elect R. Markham as Executive Director    For       For        Management
5.8   Elect C. van der Graaf as New Executive   For       For        Management
      Director
6.1   Elect Rt Hon The Lord of Brittan of       For       For        Management
      Spennithorne QC DL as Non-Executive
      Director
6.2   Elect Baroness Chalker of Wallasey as     For       For        Management
      Non-Executive Director
6.3   Elect B. Collomb as Non-Executive         For       For        Management
      Director
6.4   Elect W. Dik as Non-Executive Director    For       For        Management
6.5   Elect O. Fanjul as Non-Executive Director For       For        Management
6.6   Elect C. Gonzalez as Non-Executive        For       For        Management
      Director
6.7   Elect H. Kopper as Non-Executive Director For       For        Management
6.8   Elect Lord Simon of Highbury CBE as       For       For        Management
      Non-Executive Director
6.9   Elect van der Veer as Non-Executive       For       For        Management
      Director
7     Approve Remuneration of Non-Executive     For       For        Management
      Directors in an Aggregate Amount of EUR
      800,000
8     Ratify PricewaterhouseCoopers as Auditors For       For        Management
9     Grant Board Authority to Issue All        For       Against    Management
      Authorized Yet Unissued Shares
      Restricting/Excluding Preemptive Rights
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
11    Authorize Board to Set Record Date for a  For       For        Management
      Period of Five Years
12    Allow Questions                           None      None       Management


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

UNILEVER NV

Ticker:       <NULL>         Security ID:  N8981F156
Meeting Date: MAY 12, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PLEASE NOTE THAT BLOCKING CONDITIONS FOR  *         No Vote    Management
      VOTING AT THIS GENERAL MEETING ARE
      RELAXED. BLOCKING PERIOD ENDS ONE DAY
      AFTER THE REGISTRATION DATE SET ON 05
      MAY2004. SHARES CAN BE TRADED THEREAFTER.
      THANK YOU
2     Approve the annual report by the          *         For        Management
      Executive Board over FY 2003 and the
      report of the remuneration
3     Approve to determine the annual account   *         For        Management
      and the profit designation over FY 2003
4     Grant discharge to the Members of         *         For        Management
      Executive Board
5     Approve the Corporate Governance and      *         For        Management
      amend the Articles of Association
6     Appoint the Member of Executive Board     *         For        Management
7     Appoint a Non-Executive Member            *         For        Management
8     Approve the remuneration of a             *         For        Management
      Non-Executive Member
9     Appoint the Auditors                      *         For        Management
10    Grant authority to issue own shares as    *         Against    Management
      body
11    Grant authority to purchase own shares    *         For        Management
12    Authorize the Executive Board to restrict *         For        Management
      the registration time to exercise vote
      and meeting rights
13    Questions                                 *         Abstain    Management


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

UNITED OVERSEAS BANK

Ticker:       UOVEY          Security ID:  V96194127
Meeting Date: APR 29, 2004   Meeting Type: Special
Record Date:

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


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

UNITED OVERSEAS BANK

Ticker:       UOVEY          Security ID:  V96194127
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.40 Per    For       For        Management
      Share
3     Approve Directors' Fees of SGD 618,750    For       For        Management
4     Reappoint Ernst & Young as Auditors and   For       For        Management
      Authorize Board to Fix Their Remuneration
5     Reelect Sim Wong Hoo as Director          For       For        Management
6     Reelect Lim Pin as Director               For       For        Management
7     Reelect Margaret Lien Wen Hsien as        For       For        Management
      Director
8     Reelect Ng Boon Yew as Director           For       For        Management
9     ReappointWee Cho Yaw as Director          For       For        Management
10    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the 1999 Share Option
      Scheme
11    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights


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

VINCI (FORMERLY SOCIETE GENERALE D'ENTREPRISES)

Ticker:                      Security ID:  F5879X108
Meeting Date: APR 23, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 3.54 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Approve Discharge of Directors            For       For        Management
6     Ratify Cooptation of Quentin Davies as    For       For        Management
      Director
7     Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 800,000
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9     Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 600 Million
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 600 Million
12    Approve Capital Increase Reserved for     For       For        Management
      Employees of International Subsidiaries
      Participating in Share Purchase Plan
13    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

VINCI (FORMERLY SOCIETE GENERALE D'ENTREPRISES)

Ticker:                      Security ID:  F5879X108
Meeting Date: MAY 4, 2004    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 3.54 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Approve Discharge of Directors            For       For        Management
6     Ratify Cooptation of Quentin Davies as    For       For        Management
      Director
7     Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 800,000
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9     Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 600 Million
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 600 Million
12    Approve Capital Increase Reserved for     For       For        Management
      Employees of International Subsidiaries
      Participating in Share Purchase Plan
13    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
14    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

VNU (NV VERENIGD BEZIT VNU)

Ticker:       VNULY          Security ID:  N93612104
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  APR 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3.1   Approve Financial Statements and          For       For        Management
      Statutory Reports
3.2   Approve Discharge of Management Board     For       For        Management
3.3   Approve Discharge of Supervisory Board    For       For        Management
4.1   Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
4.2   Approve Dividends                         For       For        Management
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6.1   Grant Board Authority to Issue Common and For       For        Management
      Seven Percent Preference Shares Up to 20
      Percent of Issued Share Capital
6.2   Grant Board Authority to Issue All        For       For        Management
      Authorized Yet Unissued Preference B
      Shares Restricting/Excluding Preemptive
      Rights
6.3   Grant Board Authority to Exclude          For       For        Management
      Preemptive Rights from Issuance of Common
      Shares Under Item 6.1
7     Ratify Auditors                           For       For        Management
8     Discussion about Company's Corporate      None      None       Management
      Governance Report
9     Approve Remuneration of Management Board  For       For        Management
10    Reelect P. Elverding and J. Brentjes to   For       For        Management
      Supervisory Board
11    Approve Remuneration of Supervisory Board For       For        Management
12    Other Business                            None      None       Management
13    Close Meeting                             None      None       Management


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

VNU NV, HAARLEM

Ticker:       <NULL>         Security ID:  N93612104
Meeting Date: APR 20, 2004   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PLEASE NOTE THAT BLOCKING CONDITIONS FOR  *         No Vote    Management
      VOTING AT THIS GENERAL MEETING ARE
      RELAXED. BLOCKING PERIOD ENDS ONE DAY
      AFTER THE REGISTRATION DATE SET ON 13
      APR2004. SHARES CAN BE TRADED THEREAFTER.
      THANK YOU.
2     Opening                                   *         No Vote    Management
3     Approve the report of the Board of        *         For        Management
      Management
4     Approve the annual accounts               *         For        Management
5     Grant discharge to the Board of           *         For        Management
      Management
6     Grant discharge to the Supervisory Board  *         For        Management
7     Approve the dividend and reserve policy   *         For        Management
8     Approve the dividend                      *         For        Management
9     Approve the extension of the authority of *         For        Management
      the Board of Management to acquire shares
      for 18 months
10    Approve the extension of the authority of *         For        Management
      the Board of Management to issue shares
      for 18 months
11    Approve the extension of the authority of *         For        Management
      the Board of Management to acquire shares
      for 18 months
12    Approve the extension of the authority of *         For        Management
      the Board of Management to limit
      orexclude the pre-emptive right for 18
      months
13    Appoint an Auditor                        *         For        Management
14    Approve the Corporate governance          *         For        Management
15    Approve the remuneration policy of the    *         For        Management
      Board of Management
16    Approve the stock option plan of Board of *         For        Management
      Management
17    Approve the restricted stock plan of the  *         For        Management
      Board of Management
18    Re-appoint Mr. P.A.F.W. Elverding as a    *         For        Management
      member of the Supervisory Board
19    Re-appoint Mr. J.L. Brentjens as a member *         For        Management
      of the Supervisory Board
20    Approve the remuneration of the           *         For        Management
      Supervisory Board
21    Announcements and other business          *         For        Management
22    Clousure                                  *         No Vote    Management


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

VODAFONE GROUP PLC

Ticker:       <NULL>         Security ID:  G93882101
Meeting Date: JUL 30, 2003   Meeting Type: AGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Please click on the above link to access  *         No Vote    Management
      Vodafone Group s 2003 Notice of Annual
      General Meeting and Annual Review &
      Summary Financial Statement
2     Receive the report of the Directors and   *         For        Management
      financial statements for the YE 31
      MAR2003
3     Approve the remuneration report of the    *         For        Management
      Board for the YE 31 MAR 2003
4     Re-appoint Lord MacLaurin of Knebworth    *         For        Management
      DL, a Director retiring in accordance
      with the Company s Articles of
      Association, as a Director of the Company
5     Re-appoint Mr. Kenneth Hydon, a Director  *         For        Management
      retiring in accordance with the Company s
      Articles of Association, as a Director of
      the Company
6     Re-appoint Mr. Thomas Geitner, a Director *         For        Management
      retiring in accordance with the Company s
      Articles of Association, as a Director of
      the Company
7     Re-appoint Professor Sir Alec Broers, a   *         For        Management
      Director retiring in accordance with the
      Company s Articles of Association, as a
      Director of the Company
8     Re-appoint Mr. Jurgen Schrempp, a         *         For        Management
      Director retiring in accordance with the
      Company s Articles of Association, as a
      Director of the Company
9     Re-appoint Dr. John Buchanan, a Director  *         For        Management
      retiring in accordance with the Company s
      Articles of Association, as a Director of
      the Company
10    Approve that the final dividend           *         For        Management
      recommended by the Directors of 0.8983p
      per ordinary share for the YE 31 MAR 2003
      be declared payable on the ordinary
      sharesof the Company to all members whose
      names appear on the Register of Members
      on 6 JUN 2003 and that
11    Re-appoint Deloitte & Touche as Auditors  *         For        Management
      to the Company until the next AGM
12    Authorize the Audit Committee to          *         For        Management
      determine the remuneration of the
      Auditors
13    Authorize the Company and any company     *         For        Management
      which is or becomes a subsidiary of
      theCompany during the period to which
      this resolution relates and for the
      purposes of Part XA of the Companies Act
      1985, to make Donations to EU Political
      Organizations or incur EU
14    Renew the authority conferred on the      *         For        Management
      Directors by Article 16.2 of the Companys
      Articles of Association and for this
      purpose: 13.1) the Section 80 amount
      beUSD 900,000,000; and 13.2) the
      prescribed period be the period ending on
      thedate of the AGM in 2004
15    Approve that, subject to the passing of   *         For        Management
      Resolution 13, the power conferred onthe
      Directors by Article 16.3 of the Company
      s Articles of Association be renewed for
      the prescribed period specified in
      Resolution 13.2 and for such periodthe
      Section 89 amount
16    Authorize the Company, generally and      *         For        Management
      unconditionally, for the purposes of
      Section 166 of the Companies Act 1985, to
      make market purchases (as defined in
      Section 163 of that Act) of ordinary
      shares of USD 0.10 each in the capital of
      the Company provided th


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

ZURICH FINANCIAL SERVICES AG (FORMERLY ZURICH ALLIED AG)

Ticker:                      Security ID:  H9870Y105
Meeting Date: APR 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and Omission For       For        Management
      of Dividends
3     Approve CHF 360 Million Reduction in      For       For        Management
      Share Capital
4     Approve Discharge of Board and Senior     For       For        Management
      Management
5.1.1 Elect Thomas Escher as Director           For       For        Management
5.1.2 Reelect Lodewijk van Wachem as Director   For       For        Management
5.1.3 Reelect Philippe Pidoux as Director       For       For        Management
5.1.4 Reelect Armin Meyer as Director           For       For        Management
5.1.5 Reelect Rolf Watter as Director           For       For        Management
5.2   Reelect PricewaterhouseCoopers AG as      For       For        Management
      Auditors


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

ZURICH FINANCIAL SERVICES, ZUERICH

Ticker:       <NULL>         Security ID:  H9870Y105
Meeting Date: APR 16, 2004   Meeting Type: OGM
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the annual report, the financial  *         For        Management
      statements and the consolidated financial
      statements for 2003
2     Approve the appropriation of the balance  *         For        Management
      profit for 2003
3     Authorize the Board of Directors to       *         For        Management
      reduce the share capital by CHF
      360,017,387.50 from CHF 1,296,062,595 to
      a new total of CHF 936,045,207.50
      Article 5 ,by reducing the nominal value
      of each registered share by CHF 2.50 from
      CHF 9to CHF 6.50
4     Grant the Board of Directors and of the   *         For        Management
      Group Executive Committee to release from
      their liability for their activities in
      the 2003 business year
5     Re-elect Mr. Messrs Lodewijk Van Wachem   *         For        Management
      as the Board of Director for a term of1
      year
6     Re-elect Mr. Philippe Pidoux as the Board *         For        Management
      of Director for a term of 2 year
7     Re-elect Mr. Messrs Armin Mcyer as the    *         For        Management
      Board of Director for a term of 3 year
8     Re-elect Mr. Rolf Watter as the Board of  *         For        Management
      Director for a term of 3 year
9     Elect Mr. Thomas Escher as the Board of   *         For        Management
      Director for a term of 2 years




========== SALOMON BROTHERS SERIES FUNDS INC - LARGE CAP GROWTH FUND ===========


ABBOTT LABORATORIES

Ticker:       ABT            Security ID:  002824100
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Roxanne S. Austin         For       For        Management
1.2   Elect  Director H.Laurance Fuller         For       For        Management
1.3   Elect  Director Richard A. Gonzalez       For       For        Management
1.4   Elect  Director Jack M. Greenberg         For       For        Management
1.5   Elect  Director Jeffrey M. Leiden         For       For        Management
1.6   Elect  Director David A. Lord Owen        For       For        Management
1.7   Elect  Director Boone Powell Jr.          For       For        Management
1.8   Elect  Director Addison Barry Rand        For       For        Management
1.9   Elect  Director W.Ann Reynolds            For       For        Management
1.10  Elect  Director Roy S. Roberts            For       For        Management
1.11  Elect  Director William D. Smithburg      For       For        Management
1.12  Elect  Director John R. Walter            For       For        Management
1.13  Elect  Director Miles D. White            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Drug Pricing                              Against   Against    Shareholder
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Prohibit Awards to Executives             Against   Against    Shareholder
6     Report on Operational Imact of HIV/AIDS,  Against   Against    Shareholder
      TB, and Malaria Pandemic


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

ALBERTO-CULVER COMPANY

Ticker:       ACV            Security ID:  013068
Meeting Date: JAN 22, 2004   Meeting Type: Annual
Record Date:  DEC 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RE-APPROVAL OF THE COMPANY S MANAGEMENT   For       For        Management
      INCENTIVE PLAN, AS AMENDED.
03    APPROVAL OF THE AMENDMENT TO ARTICLE 4 OF For       For        Management
      THE COMPANY S CERTIFICATE OF
      INCORPORATION TO ELIMINATE PROVISIONS
      THAT ARE NO LONGER APPLICABLE AS A RESULT
      OF THE CONVERSION, ELIMINATE THE
      150,000,000 AUTHORIZED SHARES OF CLASS A
      COMMON STOCK AND CHANGE THE DE
04    APPROVAL OF THE AMENDMENT TO ARTICLE 4 OF For       Against    Management
      THE COMPANY S CERTIFICATE OF
      INCORPORATION TO INCREASE THE AUTHORIZED
      CLASS B COMMON STOCK FROM 150,000,000
      SHARES TO 300,000,000 SHARES.


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

ALBERTO-CULVER COMPANY

Ticker:       ACV            Security ID:  013068
Meeting Date: JAN 22, 2004   Meeting Type: Annual
Record Date:  DEC 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RE-APPROVAL OF THE COMPANY S MANAGEMENT   For       For        Management
      INCENTIVE PLAN, AS AMENDED.
03    APPROVAL OF THE AMENDMENT TO ARTICLE 4 OF For       For        Management
      THE COMPANY S CERTIFICATE OF
      INCORPORATION TO ELIMINATE PROVISIONS
      THAT ARE NO LONGER APPLICABLE AS A RESULT
      OF THE CONVERSION, ELIMINATE THE
      150,000,000 AUTHORIZED SHARES OF CLASS A
      COMMON STOCK AND CHANGE THE DE
04    APPROVAL OF THE AMENDMENT TO ARTICLE 4 OF For       Against    Management
      THE COMPANY S CERTIFICATE OF
      INCORPORATION TO INCREASE THE AUTHORIZED
      CLASS B COMMON STOCK FROM 150,000,000
      SHARES TO 300,000,000 SHARES.


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

AMAZON.COM, INC.

Ticker:       AMZN           Security ID:  023135106
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jeffrey P. Bezos          For       For        Management
1.2   Elect  Director Tom A. Alberg             For       For        Management
1.3   Elect  Director L. John Doerr             For       For        Management
1.4   Elect  Director William B. Gordon         For       For        Management
1.5   Elect  Director Myrtle S. Potter          For       For        Management
1.6   Elect  Director Thomas O. Ryder           For       For        Management
1.7   Elect  Director Patricia Q. Stonesifer    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder


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

AMERICAN EXPRESS CO.

Ticker:       AXP            Security ID:  025816109
Meeting Date: APR 26, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel F. Akerson         For       For        Management
1.2   Elect  Director Charlene Barshefsky       For       For        Management
1.3   Elect  Director William G. Bowen          For       For        Management
1.4   Elect  Director Ursula M. Burns           For       For        Management
1.5   Elect  Director Kenneth I. Chenault       For       For        Management
1.6   Elect  Director Peter R. Dolan            For       For        Management
1.7   Elect  Director Vernon E. Jordan, Jr.     For       For        Management
1.8   Elect  Director Jan Leschly               For       For        Management
1.9   Elect  Director Richard A. McGinn         For       For        Management
1.10  Elect  Director Edward D. Miller          For       For        Management
1.11  Elect  Director Frank P. Popoff           For       For        Management
1.12  Elect  Director Robert D. Walter          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Establish Term Limits for Directors       Against   Against    Shareholder
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities


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

AMERICAN INTERNATIONAL GROUP, INC.

Ticker:       AIG            Security ID:  026874107
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director M. Bernard Aidinoff       For       For        Management
1.2   Elect  Director Pei-Yuan Chia             For       For        Management
1.3   Elect  Director Marshall A. Cohen         For       For        Management
1.4   Elect  Director Willaim S. Cohen          For       For        Management
1.5   Elect  Director Martin S. Feldstein       For       For        Management
1.6   Elect  Director Ellen V. Futter           For       For        Management
1.7   Elect  Director Maurice R. Greenberg      For       For        Management
1.8   Elect  Director Carla A. Hills            For       For        Management
1.9   Elect  Director Frank J. Hoenemeyer       For       For        Management
1.10  Elect  Director Richard C. Holbrooke      For       For        Management
1.11  Elect  Director Donald P. Kanak           For       For        Management
1.12  Elect  Director Howard I. Smith           For       For        Management
1.13  Elect  Director Martin J. Sullivan        For       For        Management
1.14  Elect  Director Edmund S.W. Tse           For       For        Management
1.15  Elect  Director Frank G. Zarb             For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Ratify Auditors                           For       For        Management
5     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
6     Divest from Tobacco Equities              Against   Against    Shareholder
7     Link Executive Compensation to Predatory  Against   Against    Shareholder
      Lending


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

AMERISOURCEBERGEN CORP

Ticker:       ABC            Security ID:  03073E105
Meeting Date: MAR 5, 2004    Meeting Type: Annual
Record Date:  JAN 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward E. Hagenlocker     For       For        Management
1.2   Elect  Director Kurt J. Hilzinger         For       For        Management


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

AMGEN, INC.

Ticker:       AMGN           Security ID:  031162100
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank J. Biondi, Jr.      For       For        Management
1.2   Elect  Director Jerry D. Choate           For       Withhold   Management
1.3   Elect  Director Frank C. Herringer        For       For        Management
1.4   Elect  Director Gilbert S. Omenn          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Prepare Glass Ceiling Report              Against   Against    Shareholder
4     Expense Stock Options                     Against   For        Shareholder


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

ANHEUSER-BUSCH COMPANIES, INC.

Ticker:       BUD            Security ID:  035229103
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director August A. Busch III       For       For        Management
1.2   Elect  Director Carlos Fernandez G.       For       For        Management
1.3   Elect  Director James R. Jones            For       For        Management
1.4   Elect  Director Andrew C. Taylor          For       For        Management
1.5   Elect  Director Douglas A. Warner III     For       For        Management
2     Ratify Auditors                           For       For        Management


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

AUTOMATIC DATA PROCESSING, INC.

Ticker:       ADP            Security ID:  053015
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    APPROVAL OF THE AMENDMENTS TO THE COMPANY For       For        Management
      S 2000 KEY EMPLOYEES STOCK OPTION PLAN
03    APPROVAL OF THE AMENDMENT TO THE COMPANY  For       For        Management
      S EMPLOYEES  SAVINGS- STOCK PURCHASE PLAN
04    APPROVAL OF THE COMPANY S 2003 DIRECTOR   For       For        Management
      STOCK PLAN
05    APPOINTMENT OF DELOITTE & TOUCHE LLP      For       For        Management


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

AUTOMATIC DATA PROCESSING, INC.

Ticker:       ADP            Security ID:  053015
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    APPROVAL OF THE AMENDMENTS TO THE COMPANY For       For        Management
      S 2000 KEY EMPLOYEES STOCK OPTION PLAN
03    APPROVAL OF THE AMENDMENT TO THE COMPANY  For       For        Management
      S EMPLOYEES  SAVINGS- STOCK PURCHASE PLAN
04    APPROVAL OF THE COMPANY S 2003 DIRECTOR   For       For        Management
      STOCK PLAN
05    APPOINTMENT OF DELOITTE & TOUCHE LLP      For       For        Management


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

AUTOMATIC DATA PROCESSING, INC.

Ticker:       ADP            Security ID:  053015103
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Gregory D. Brenneman       For       Did Not    Management
                                                          Vote
1.2   Elect Director Leslie A. Brun             For       Did Not    Management
                                                          Vote
1.3   Elect Director Gary C. Butler             For       Did Not    Management
                                                          Vote
1.4   Elect Director Joseph A. Califano, Jr.    For       Did Not    Management
                                                          Vote
1.5   Elect Director Leon G. Cooperman          For       Did Not    Management
                                                          Vote
1.6   Elect Director Ann Dibble Jordan          For       Did Not    Management
                                                          Vote
1.7   Elect Director Harvey M. Krueger          For       Did Not    Management
                                                          Vote
1.8   Elect Director Frederic V. Malek          For       Did Not    Management
                                                          Vote
1.9   Elect Director Henry Taub                 For       Did Not    Management
                                                          Vote
1.10  Elect Director Arthur F. Weinbach         For       Did Not    Management
                                                          Vote
1.11  Elect Director Josh S. Weston             For       Did Not    Management
                                                          Vote
2     Amend Stock Option Plan                   For       Did Not    Management
                                                          Vote
3     Amend Employee Stock Purchase Plan        For       Did Not    Management
                                                          Vote
4     Approve Outside Director Stock Awards in  For       Did Not    Management
      Lieu of Cash                                        Vote
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote


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

BIOGEN IDEC INC

Ticker:       BIIB           Security ID:  09062X103
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan Belzer               For       For        Management
1.2   Elect  Director Mary L. Good              For       For        Management
1.3   Elect  Director James C. Mullen           For       For        Management
1.4   Elect  Director Bruce R. Ross             For       For        Management
2     Ratify Auditors                           For       For        Management


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

BIOMET, INC.

Ticker:       BMET           Security ID:  090613
Meeting Date: SEP 27, 2003   Meeting Type: Annual
Record Date:  AUG 7, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RATIFICATION OF THE SELECTION OF ERNST &  For       For        Management
      YOUNG LLP AS INDEPENDENT PUBLIC
      ACCOUNTANTS FOR THE COMPANY FOR THE
      FISCAL YEAR ENDING MAY 31, 2004.


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

BIOMET, INC.

Ticker:       BMET           Security ID:  090613
Meeting Date: SEP 27, 2003   Meeting Type: Annual
Record Date:  AUG 7, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RATIFICATION OF THE SELECTION OF ERNST &  For       For        Management
      YOUNG LLP AS INDEPENDENT PUBLIC
      ACCOUNTANTS FOR THE COMPANY FOR THE
      FISCAL YEAR ENDING MAY 31, 2004.


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

CARDINAL HEALTH, INC.

Ticker:       CAH            Security ID:  14149Y
Meeting Date: NOV 5, 2003    Meeting Type: Annual
Record Date:  SEP 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management


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

CARDINAL HEALTH, INC.

Ticker:       CAH            Security ID:  14149Y
Meeting Date: NOV 5, 2003    Meeting Type: Annual
Record Date:  SEP 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management


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

CARDINAL HEALTH, INC.

Ticker:       CAH            Security ID:  14149Y108
Meeting Date: NOV 5, 2003    Meeting Type: Annual
Record Date:  SEP 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dave Bing                  For       Did Not    Management
                                                          Vote
1.2   Elect Director John F. Finn               For       Did Not    Management
                                                          Vote
1.3   Elect Director John F. Havens             For       Did Not    Management
                                                          Vote
1.4   Elect Director David W. Raisbeck          For       Did Not    Management
                                                          Vote
1.5   Elect Director Robert D. Walter           For       Did Not    Management
                                                          Vote


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

CINTAS CORPORATION

Ticker:       CTAS           Security ID:  172908
Meeting Date: OCT 14, 2003   Meeting Type: Annual
Record Date:  AUG 18, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    AUTHORITY TO ESTABLISH THE NUMBER OF      For       For        Management
      DIRECTORS TO BE ELECTED AT THE MEETING AT
      EIGHT.
02    DIRECTOR                                  For       Withheld   Management
03    APPROVAL OF DIRECTORS  STOCK OPTION PLAN. For       For        Management
04    PROPOSAL TO ADOPT A POLICY OF EXPENSING   Against   For        Shareholder
      THE COST OF STOCK OPTIONS IN CINTAS
      INCOME STATEMENT.
05    PROPOSAL TO ESTABLISH A NOMINATING        Against   For        Shareholder
      COMMITTEE COMPOSED OF INDEPENDENT MEMBERS
      AS DEFINED IN THE PROPOSAL.
06    PROPOSAL TO ADOPT A POLICY OF NOMINATING  Against   For        Shareholder
      INDEPENDENT DIRECTORS WHO, IF ELECTED,
      WOULD CONSTITUTE TWO-THIRDS OF THE BOARD.
07    PROPOSAL TO ISSUE A REPORT ON CINTAS      Against   Against    Shareholder
      CODE OF CONDUCT FOR VENDORS AND OTHER
      WORKPLACE POLICIES.


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

CINTAS CORPORATION

Ticker:       CTAS           Security ID:  172908
Meeting Date: OCT 14, 2003   Meeting Type: Annual
Record Date:  AUG 18, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    AUTHORITY TO ESTABLISH THE NUMBER OF      For       For        Management
      DIRECTORS TO BE ELECTED AT THE MEETING AT
      EIGHT.
02    DIRECTOR                                  For       Withheld   Management
03    APPROVAL OF DIRECTORS  STOCK OPTION PLAN. For       For        Management
04    PROPOSAL TO ADOPT A POLICY OF EXPENSING   Against   For        Shareholder
      THE COST OF STOCK OPTIONS IN CINTAS
      INCOME STATEMENT.
05    PROPOSAL TO ESTABLISH A NOMINATING        Against   For        Shareholder
      COMMITTEE COMPOSED OF INDEPENDENT MEMBERS
      AS DEFINED IN THE PROPOSAL.
06    PROPOSAL TO ADOPT A POLICY OF NOMINATING  Against   For        Shareholder
      INDEPENDENT DIRECTORS WHO, IF ELECTED,
      WOULD CONSTITUTE TWO-THIRDS OF THE BOARD.
07    PROPOSAL TO ISSUE A REPORT ON CINTAS      Against   Against    Shareholder
      CODE OF CONDUCT FOR VENDORS AND OTHER
      WORKPLACE POLICIES.


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

CISCO SYSTEMS, INC.

Ticker:       CSCO           Security ID:  17275R
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO APPROVE AN AMENDMENT AND RESTATEMENT   For       For        Management
      OF THE EMPLOYEE STOCK PURCHASE PLAN,
      INCLUDING AN INCREASE OF 100,000,000
      SHARES AUTHORIZED FOR ISSUANCE UNDER THE
      PLAN AND A 5-YEAR EXTENSION OF THE PLAN,
      AS MORE FULLY SET FORTH IN THE
      ACCOMPANYING PROXY STATEMENT
03    TO RATIFY THE APPOINTMENT OF              For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS CISCO S
      INDEPENDENT AUDITORS FOR THE FISCAL YEAR
      ENDING JULY 31, 2004.
04    PROPOSAL SUBMITTED BY A SHAREHOLDER THAT  Against   Against    Shareholder
      THE BOARD PREPARE A REPORT EACH FISCAL
      YEAR ON CISCO HARDWARE AND SOFTWARE
      PROVIDED TO GOVERNMENT AGENCIES AND
      STATE-OWNED COMMUNICATIONS OR INFORMATION
      TECHNOLOGY ENTITIES IN ANY COUNTRY, AS
      MORE FULLY SET FORTH I
05    PROPOSAL SUBMITTED BY SHAREHOLDERS THAT   Against   Against    Shareholder
      THE BOARD S COMPENSATION COMMITTEE
      PREPARE AND MAKE AVAILABLE BY JANUARY 1,
      2004, A REPORT COMPARING TOTAL
      COMPENSATION OF THE COMPANY S TOP
      EXECUTIVES AND ITS LOWEST PAID WORKERS IN
      THE U.S. AND ABROAD AS OF SPECIF


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

CISCO SYSTEMS, INC.

Ticker:       CSCO           Security ID:  17275R
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO APPROVE AN AMENDMENT AND RESTATEMENT   For       For        Management
      OF THE EMPLOYEE STOCK PURCHASE PLAN,
      INCLUDING AN INCREASE OF 100,000,000
      SHARES AUTHORIZED FOR ISSUANCE UNDER THE
      PLAN AND A 5-YEAR EXTENSION OF THE PLAN,
      AS MORE FULLY SET FORTH IN THE
      ACCOMPANYING PROXY STATEMENT
03    TO RATIFY THE APPOINTMENT OF              For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS CISCO S
      INDEPENDENT AUDITORS FOR THE FISCAL YEAR
      ENDING JULY 31, 2004.
04    PROPOSAL SUBMITTED BY A SHAREHOLDER THAT  Against   Against    Shareholder
      THE BOARD PREPARE A REPORT EACH FISCAL
      YEAR ON CISCO HARDWARE AND SOFTWARE
      PROVIDED TO GOVERNMENT AGENCIES AND
      STATE-OWNED COMMUNICATIONS OR INFORMATION
      TECHNOLOGY ENTITIES IN ANY COUNTRY, AS
      MORE FULLY SET FORTH I
05    PROPOSAL SUBMITTED BY SHAREHOLDERS THAT   Against   Against    Shareholder
      THE BOARD S COMPENSATION COMMITTEE
      PREPARE AND MAKE AVAILABLE BY JANUARY 1,
      2004, A REPORT COMPARING TOTAL
      COMPENSATION OF THE COMPANY S TOP
      EXECUTIVES AND ITS LOWEST PAID WORKERS IN
      THE U.S. AND ABROAD AS OF SPECIF


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

CISCO SYSTEMS, INC.

Ticker:       CSCO           Security ID:  17275R102
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Carol A. Bartz             For       Did Not    Management
                                                          Vote
1.2   Elect Director Larry R. Carter            For       Did Not    Management
                                                          Vote
1.3   Elect Director John T. Chambers           For       Did Not    Management
                                                          Vote
1.4   Elect Director Dr. James F. Gibbons       For       Did Not    Management
                                                          Vote
1.5   Elect Director Dr. John L. Hennessy       For       Did Not    Management
                                                          Vote
1.6   Elect Director Roderick C. McGeary        For       Did Not    Management
                                                          Vote
1.7   Elect Director James C. Morgan            For       Did Not    Management
                                                          Vote
1.8   Elect Director John P. Morgridge          For       Did Not    Management
                                                          Vote
1.9   Elect Director Donald T. Valentine        For       Did Not    Management
                                                          Vote
1.10  Elect Director Steven M. West             For       Did Not    Management
                                                          Vote
1.11  Elect Director Jerry Yang                 For       Did Not    Management
                                                          Vote
2     Amend Employee Stock Purchase Plan        For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote
4     Report on Company Products Used by the    Against   Did Not    Shareholder
      Government to Monitor the Internet                  Vote
5     Report on Pay Disparity                   Against   Did Not    Shareholder
                                                          Vote


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

COCA-COLA COMPANY, THE

Ticker:       KO             Security ID:  191216100
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Herbert A. Allen          For       For        Management
1.2   Elect  Director Ronald W. Allen           For       For        Management
1.3   Elect  Director Cathleen P. Black         For       For        Management
1.4   Elect  Director Warren E. Buffett         For       For        Management
1.5   Elect  Director Douglas N. Daft           For       For        Management
1.6   Elect  Director Barry Diller              For       For        Management
1.7   Elect  Director Donald R. Keough          For       For        Management
1.8   Elect  Director Susan Bennett King        For       For        Management
1.9   Elect  Director Maria Elena Lagomasino    For       For        Management
1.10  Elect  Director Donald F. Mchenry         For       For        Management
1.11  Elect  Director Robert L. Nardelli        For       For        Management
1.12  Elect  Director Sam Nunn                  For       For        Management
1.13  Elect  Director J. Pedro Reinhard         For       For        Management
1.14  Elect  Director James D. Robinson III     For       For        Management
1.15  Elect  Director Peter V. Ueberroth        For       For        Management
1.16  Elect  Director James B. Williams         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Operational Impact of HIV/AIDS  For       For        Shareholder
      Pandemic
4     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
5     Prohibit Awards to Executives             Against   Against    Shareholder
6     Submit Executive Compensation to Vote     Against   Against    Shareholder
7     Submit Executive Compensation to Vote     Against   Against    Shareholder
8     Implement China Principles                Against   Against    Shareholder
9     Separate Chairman and CEO Positions       Against   Against    Shareholder


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

DELL COMPUTER CORPORATION

Ticker:       DELL           Security ID:  247025
Meeting Date: JUL 18, 2003   Meeting Type: Annual
Record Date:  MAY 23, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    ELIMINATION OF CLASSIFIED BOARD           For       For        Management
03    CHANGE OF COMPANY NAME TO  DELL INC.      For       For        Management
04    APPROVAL OF EXECUTIVE ANNUAL INCENTIVE    For       For        Management
      BONUS PLAN


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

DELL COMPUTER CORPORATION

Ticker:       DELL           Security ID:  247025
Meeting Date: JUL 18, 2003   Meeting Type: Annual
Record Date:  MAY 23, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    ELIMINATION OF CLASSIFIED BOARD           For       For        Management
03    CHANGE OF COMPANY NAME TO  DELL INC.      For       For        Management
04    APPROVAL OF EXECUTIVE ANNUAL INCENTIVE    For       For        Management
      BONUS PLAN


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

FIFTH THIRD BANCORP

Ticker:       FITB           Security ID:  316773100
Meeting Date: MAR 23, 2004   Meeting Type: Annual
Record Date:  JAN 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Darryl F. Allen           For       For        Management
1.2   Elect  Director Allen M. Hill             For       For        Management
1.3   Elect  Director Dr Mitchel D Livingston   For       For        Management
1.4   Elect  Director Hendrik G. Meijer         For       For        Management
1.5   Elect  Director James E. Rogers           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Adopt Sexual Orientation                  None      For        Shareholder
      Non-Discrimination Policy


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

FIRST HORIZON NATIONAL CORP

Ticker:       FHN            Security ID:  337162101
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert C. Blattberg       For       For        Management
1.2   Elect  Director J. Kenneth Glass          For       For        Management
1.3   Elect  Director Michael D. Rose           For       For        Management
1.4   Elect  Director Luke Yancy III            For       For        Management
1.5   Elect  Director Mary F. Sammons           For       For        Management
2     Change Company Name                       For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


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

FOREST LABORATORIES, INC.

Ticker:       FRX            Security ID:  345838
Meeting Date: AUG 11, 2003   Meeting Type: Annual
Record Date:  JUN 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RATIFICATION OF AMENDMENT OF THE COMPANY  For       Against    Management
      S CERTIFICATE OF INCORPORATION TO
      AUTHORIZE ADDITIONAL SHARES OF THE
      COMPANY S COMMON STOCK.
03    RATIFICATION OF BDO SEIDMAN, LLP AS       For       For        Management
      INDEPENDENT AUDITORS.


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

FOREST LABORATORIES, INC.

Ticker:       FRX            Security ID:  345838
Meeting Date: AUG 11, 2003   Meeting Type: Annual
Record Date:  JUN 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RATIFICATION OF AMENDMENT OF THE COMPANY  For       Against    Management
      S CERTIFICATE OF INCORPORATION TO
      AUTHORIZE ADDITIONAL SHARES OF THE
      COMPANY S COMMON STOCK.
03    RATIFICATION OF BDO SEIDMAN, LLP AS       For       For        Management
      INDEPENDENT AUDITORS.


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

FREDDIE MAC

Ticker:       FRE            Security ID:  313400301
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joan E. Donoghue          For       For        Management
1.2   Elect  Director Michelle Engler           For       For        Management
1.3   Elect  Director Richard Karl Goeltz       For       For        Management
1.4   Elect  Director George D. Gould           For       For        Management
1.5   Elect  Director Henry Kaufman             For       For        Management
1.6   Elect  Director John B. Mccoy             For       Withhold   Management
1.7   Elect  Director Shaun F. O'Malley         For       For        Management
1.8   Elect  Director Ronald F. Poe             For       Withhold   Management
1.9   Elect  Director Stephen A. Ross           For       For        Management
1.10  Elect  Director Donald J. Schuenke        For       Withhold   Management
1.11  Elect  Director Christina Seix            For       For        Management
1.12  Elect  Director Richard F. Syron          For       For        Management
1.13  Elect  Director William J. Turner         For       Withhold   Management
2     Ratify Auditors                           For       For        Management


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

GENERAL ELECTRIC CO.

Ticker:       GE             Security ID:  369604103
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James I. Cash, Jr.        For       For        Management
1.2   Elect  Director Dennis D. Dammerman       For       For        Management
1.3   Elect  Director Ann M. Fudge              For       For        Management
1.4   Elect  Director Claudio X. Gonzalez       For       For        Management
1.5   Elect  Director Jeffrey R. Immelt         For       For        Management
1.6   Elect  Director Andrea Jung               For       For        Management
1.7   Elect  Director Alan G. Lafley            For       For        Management
1.8   Elect  Director Kenneth G. Langone        For       For        Management
1.9   Elect  Director Ralph S. Larsen           For       For        Management
1.10  Elect  Director Rochelle B. Lazarus       For       For        Management
1.11  Elect  Director Sam Nunn                  For       For        Management
1.12  Elect  Director Roger S. Penske           For       For        Management
1.13  Elect  Director Robert J. Swieringa       For       For        Management
1.14  Elect  Director Douglas A. Warner III     For       For        Management
1.15  Elect  Director Robert C. Wright          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Provide for Cumulative Voting             Against   For        Shareholder
5     Eliminate Animal Testing                  Against   Against    Shareholder
6     Report on Nuclear Fuel Storage Risks      Against   Against    Shareholder
7     Report on PCB Clean-up                    Against   Against    Shareholder
8     Report on Foreign Outsourcing             Against   Against    Shareholder
9     Prepare Sustainability Report             Against   Against    Shareholder
10    Limit Composition of Management           Against   Against    Shareholder
      Development and Compensation Committee to
      Independent Directors
11    Report on Pay Disparity                   Against   Against    Shareholder
12    Limit Awards to Executives                Against   Against    Shareholder
13    Limit Board Service for Other Companies   Against   For        Shareholder
14    Separate Chairman and CEO Positions       Against   Against    Shareholder
15    Hire Advisor/Maximize Shareholder Value   Against   Against    Shareholder
16    Adopt a Retention Ratio for Executives    Against   Against    Shareholder
      and Directors
17    Require 70% to 80% Independent Board      Against   Against    Shareholder
18    Report on Political                       Against   Against    Shareholder
      Contributions/Activities


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

GILLETTE CO., THE

Ticker:       G              Security ID:  375766102
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward F. DeGraan         For       For        Management
1.2   Elect  Director Wilbur H. Gantz           For       For        Management
1.3   Elect  Director James M. Kilts            For       For        Management
1.4   Elect  Director Jorge Paulo Lemann        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Declassify the Board of Directors         Against   For        Shareholder
5     Prohibit Auditor from Providing Non-Audit Against   Against    Shareholder
      Services
6     Expense Stock Options                     Against   For        Shareholder


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

HOME DEPOT, INC. (THE)

Ticker:       HD             Security ID:  437076102
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gregory D. Brenneman      For       For        Management
1.2   Elect  Director Richard H. Brown          For       For        Management
1.3   Elect  Director John L. Clendenin         For       For        Management
1.4   Elect  Director Berry R. Cox              For       For        Management
1.5   Elect  Director Claudio X. Gonzalez       For       For        Management
1.6   Elect  Director Milledge A. Hart, III     For       For        Management
1.7   Elect  Director Bonnie G. Hill            For       For        Management
1.8   Elect  Director Kenneth G. Langone        For       For        Management
1.9   Elect  Director Robert L. Nardelli        For       For        Management
1.10  Elect  Director Roger S. Penske           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Establish Term Limits for Directors       Against   Against    Shareholder
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
5     Performance- Based/Indexed Options        Against   Against    Shareholder
6     Adopt ILO Based Code of Conduct           Against   Against    Shareholder
7     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
8     Require Affirmative Vote of the Majority  Against   Against    Shareholder
      of the Shares to Elect Directors


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

IAC / INTERACTIVECORP

Ticker:       IACI           Security ID:  45840Q101
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  APR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard N. Barton         For       For        Management
1.2   Elect  Director Robert R. Bennett         For       For        Management
1.3   Elect  Director Edgar Bronfman, Jr.       For       For        Management
1.4   Elect  Director Barry Diller              For       For        Management
1.5   Elect  Director Victor A. Kaufman         For       For        Management
1.6   Elect  Director Donald R. Keough          For       For        Management
1.7   Elect  Director Marie-Josee Kravis        For       For        Management
1.8   Elect  Director John C. Malone            For       For        Management
1.9   Elect  Director Steven Rattner            For       For        Management
1.10  Elect  Director Gen. H.N. Schwarzkopf     For       For        Management
1.11  Elect  Director Alan G. Spoon             For       For        Management
1.12  Elect  Director Diane Von Furstenberg     For       For        Management
2     Ratify Auditors                           For       For        Management


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

INTEL CORP.

Ticker:       INTC           Security ID:  458140100
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Craig R. Barrett          For       For        Management
1.2   Elect  Director Charlene Barshefsky       For       For        Management
1.3   Elect  Director E. John P. Browne         For       For        Management
1.4   Elect  Director Andrew S. Grove           For       For        Management
1.5   Elect  Director D. James Guzy             For       For        Management
1.6   Elect  Director Reed E. Hundt             For       For        Management
1.7   Elect  Director Paul S. Otellini          For       For        Management
1.8   Elect  Director David S. Pottruck         For       For        Management
1.9   Elect  Director Jane E. Shaw              For       For        Management
1.10  Elect  Director John L. Thornton          For       For        Management
1.11  Elect  Director David B. Yoffie           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Expense Stock Options                     Against   For        Shareholder
5     Limit/Prohibit Awards to Executives       Against   Against    Shareholder
6     Performance- Based/Indexed Options        Against   Against    Shareholder


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

INTERNATIONAL BUSINESS MACHINES CORP.

Ticker:       IBM            Security ID:  459200101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Cathleen Black            For       For        Management
1.2   Elect  Director Kenneth I. Chenault       For       For        Management
1.3   Elect  Director Carlos Ghosn              For       For        Management
1.4   Elect  Director Nannerl O. Keohane        For       For        Management
1.5   Elect  Director Charles F. Knight         For       For        Management
1.6   Elect  Director Lucio A. Noto             For       For        Management
1.7   Elect  Director Samuel J. Palmisano       For       For        Management
1.8   Elect  Director John B. Slaughter         For       For        Management
1.9   Elect  Director Joan E. Spero             For       For        Management
1.10  Elect  Director Sidney Taurel             For       For        Management
1.11  Elect  Director Charles M. Vest           For       For        Management
1.12  Elect  Director Lorenzo H. Zambrano       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Ratify Auditors for the Company's         For       For        Management
      Business Consulting Services Unit
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Provide for Cumulative Voting             Against   For        Shareholder
6     Amend Pension and Retirement Medical      Against   Against    Shareholder
      Insurance Plans
7     Submit Executive Compensation to Vote     Against   For        Shareholder
8     Expense Stock Options                     Against   For        Shareholder
9     Limit Awards to Executives                Against   Against    Shareholder
10    China Principles                          Against   Against    Shareholder
11    Report on Political                       Against   Against    Shareholder
      Contributions/Activities
12    Report on Executive Compensation          Against   Against    Shareholder


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

JOHNSON & JOHNSON

Ticker:       JNJ            Security ID:  478160104
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gerard N. Burrow          For       For        Management
1.2   Elect  Director Mary S. Coleman           For       For        Management
1.3   Elect  Director James G. Cullen           For       For        Management
1.4   Elect  Director Robert J. Darretta        For       For        Management
1.5   Elect  Director M. Judah Folkman          For       For        Management
1.6   Elect  Director Ann D. Jordan             For       For        Management
1.7   Elect  Director Arnold G. Langbo          For       For        Management
1.8   Elect  Director Susan L. Lindquist        For       For        Management
1.9   Elect  Director Leo F. Mullin             For       For        Management
1.10  Elect  Director Steven S Reinemund        For       For        Management
1.11  Elect  Director David Satcher             For       For        Management
1.12  Elect  Director Henry B. Schacht          For       For        Management
1.13  Elect  Director William C. Weldon         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Cease Charitable Contributions            Against   Against    Shareholder


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

JUNIPER NETWORKS, INC.

Ticker:       JNPR           Security ID:  48203R104
Meeting Date: APR 16, 2004   Meeting Type: Special
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition


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

JUNIPER NETWORKS, INC.

Ticker:       JNPR           Security ID:  48203R104
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pradeep Sindhu            For       For        Management
1.2   Elect  Director Robert M. Calderoni       For       For        Management
1.3   Elect  Director Kenneth Levy              For       For        Management
2     Ratify Auditors                           For       For        Management


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

MBNA CORP.

Ticker:       KRB            Security ID:  55262L100
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  FEB 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James H. Berick           For       For        Management
1.2   Elect  Director Benjamin R. Civiletti     For       For        Management
1.3   Elect  Director Bruce L. Hammonds         For       For        Management
1.4   Elect  Director William L. Jews           For       For        Management
1.5   Elect  Director Randolph D. Lerner        For       For        Management
1.6   Elect  Director Stuart L. Markowitz       For       For        Management
1.7   Elect  Director William B. Milstead       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder
4     Require Majority of Independent Directors Against   For        Shareholder
      on Board


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

MEDTRONIC, INC.

Ticker:       MDT            Security ID:  585055
Meeting Date: AUG 28, 2003   Meeting Type: Annual
Record Date:  JUL 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO RATIFY THE APPOINTMENT OF              For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS MEDTRONIC S
      INDEPENDENT AUDITORS
03    TO APPROVE MEDTRONIC S 2003 LONG-TERM     For       For        Management
      INCENTIVE PLAN.
04    TO APPROVE MEDTRONIC S EXECUTIVE          For       For        Management
      INCENTIVE PLAN.


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

MEDTRONIC, INC.

Ticker:       MDT            Security ID:  585055
Meeting Date: AUG 28, 2003   Meeting Type: Annual
Record Date:  JUL 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO RATIFY THE APPOINTMENT OF              For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS MEDTRONIC S
      INDEPENDENT AUDITORS
03    TO APPROVE MEDTRONIC S 2003 LONG-TERM     For       For        Management
      INCENTIVE PLAN.
04    TO APPROVE MEDTRONIC S EXECUTIVE          For       For        Management
      INCENTIVE PLAN.


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

MERCK & CO., INC.

Ticker:       MRK            Security ID:  589331107
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter C. Wendell          For       For        Management
1.2   Elect  Director William G. Bowen          For       For        Management
1.3   Elect  Director William M. Daley          For       For        Management
1.4   Elect  Director Thomas E. Shenk           For       For        Management
1.5   Elect  Director Wendell P. Weeks          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Prohibit Awards to Executives             Against   Against    Shareholder
5     Develop Ethical Criteria for Patent       Against   Against    Shareholder
      Extension
6     Link Executive Compensation to Social     Against   Against    Shareholder
      Issues
7     Report on Political Contributions         Against   Against    Shareholder
8     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic


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

MICROSOFT CORP.

Ticker:       MSFT           Security ID:  594918104
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William H. Gates, III      For       Did Not    Management
                                                          Vote
1.2   Elect Director Steven A. Ballmer          For       Did Not    Management
                                                          Vote
1.3   Elect Director James I. Cash, Jr., Ph.D.  For       Did Not    Management
                                                          Vote
1.4   Elect Director Raymond V. Gilmartin       For       Did Not    Management
                                                          Vote
1.5   Elect Director Ann McLaughlin Korologos   For       Did Not    Management
                                                          Vote
1.6   Elect Director David F. Marquardt         For       Did Not    Management
                                                          Vote
1.7   Elect Director Charles H. Noski           For       Did Not    Management
                                                          Vote
1.8   Elect Director Dr. Helmut Panke           For       Did Not    Management
                                                          Vote
1.9   Elect Director Wm. G. Reed, Jr.           For       Did Not    Management
                                                          Vote
1.10  Elect Director Jon A. Shirley             For       Did Not    Management
                                                          Vote
2     Amend Omnibus Stock Plan                  For       Did Not    Management
                                                          Vote
3     Amend Non-Employee Director Stock Option  For       Did Not    Management
      Plan                                                Vote
4     Refrain from Giving Charitable            Against   Did Not    Shareholder
      Contributions                                       Vote


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

MICROSOFT CORPORATION

Ticker:       MSFT           Security ID:  594918
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       Split      Management
01.1  WILLIAM H. GATES III                      For       For        Management
01.2  STEVEN A. BALLMER                         For       For        Management
01.3  JAMES I. CASH JR.                         For       For        Management
01.4  RAYMOND V. GILMARTIN                      For       For        Management
01.5  A. MCLAUGHLIN KOROLOGOS                   For       For        Management
01.6  DAVID F. MARQUARDT                        For       For        Management
01.7  CHARLES H. NOSKI                          For       For        Management
01.8  HELMUT PANKE                              For       For        Management
01.9  WM. G. REED JR.                           For       For        Management
01.10 JON A. SHIRLEY                            For       Withheld   Management
02    ADOPTION OF THE AMENDMENTS TO THE 2001    For       For        Management
      STOCK PLAN
03    ADOPTION OF THE AMENDMENTS TO THE 1999    For       For        Management
      STOCK OPTION PLAN FOR NON-EMPLOYEE
      DIRECTORS
04    SHAREHOLDER PROPOSAL (THE BOARD           Against   Against    Shareholder
      RECOMMENDS A VOTE  AGAINST THIS PROPOSAL)


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

MICROSOFT CORPORATION

Ticker:       MSFT           Security ID:  594918
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For                  Management
01.1  WILLIAM H. GATES III                      For       For        Management
01.2  STEVEN A. BALLMER                         For       For        Management
01.3  JAMES I. CASH JR.                         For       For        Management
01.4  RAYMOND V. GILMARTIN                      For       For        Management
01.5  A. MCLAUGHLIN KOROLOGOS                   For       For        Management
01.6  DAVID F. MARQUARDT                        For       For        Management
01.7  CHARLES H. NOSKI                          For       For        Management
01.8  HELMUT PANKE                              For       For        Management
01.9  WM. G. REED JR.                           For       For        Management
01.10 JON A. SHIRLEY                            For       Withheld   Management
02    ADOPTION OF THE AMENDMENTS TO THE 2001    For       For        Management
      STOCK PLAN
03    ADOPTION OF THE AMENDMENTS TO THE 1999    For       For        Management
      STOCK OPTION PLAN FOR NON-EMPLOYEE
      DIRECTORS
04    SHAREHOLDER PROPOSAL (THE BOARD           Against   Against    Shareholder
      RECOMMENDS A VOTE  AGAINST THIS PROPOSAL)


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

MOTOROLA, INC.

Ticker:       MOT            Security ID:  620076109
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward Zander             For       For        Management
1.2   Elect  Director H. Laurence Fuller        For       For        Management
1.3   Elect  Director Judy Lewent               For       For        Management
1.4   Elect  Director Walter Massey             For       For        Management
1.5   Elect  Director Nicholas Negroponte       For       For        Management
1.6   Elect  Director Indra Nooyi               For       For        Management
1.7   Elect  Director John Pepper, Jr.          For       For        Management
1.8   Elect  Director Samuel Scott III          For       For        Management
1.9   Elect  Director Douglas Warner III        For       For        Management
1.10  Elect  Director John White                For       For        Management
1.11  Elect  Director Mike Zafirovski           For       For        Management
2     Limit Executive Compensation              Against   Against    Shareholder
3     Limit Awards to Executives                Against   Against    Shareholder


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

NETWORK APPLIANCE, INC.

Ticker:       NTAP           Security ID:  64120L
Meeting Date: SEP 2, 2003    Meeting Type: Annual
Record Date:  JUL 7, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    APPROVE AN AMENDMENT TO THE COMPANY S     For       Against    Management
      1999 STOCK OPTION PLAN TO CREATE A STOCK
      ISSUANCE PROGRAM.
03    APPROVE AN AMENDMENT TO THE COMPANY S     For       For        Management
      EMPLOYEE STOCK PURCHASE PLAN TO INCREASE
      THE SHARE RESERVE UNDER THE PURCHASE PLAN
      BY AN ADDITIONAL 1,000,000 SHARES OF
      COMMON STOCK.
04    RATIFY THE APPOINTMENT OF DELOITTE &      For       For        Management
      TOUCHE LLP AS INDEPENDENT AUDITORS OF THE
      COMPANY FOR THE FISCAL YEAR ENDING APRIL
      30, 2004.
05    TRANSACT SUCH OTHER BUSINESS AS MAY       For       For        Management
      PROPERLY COME BEFORE THE MEETING OR ANY
      ADJOURNMENT THEREOF


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

NETWORK APPLIANCE, INC.

Ticker:       NTAP           Security ID:  64120L
Meeting Date: SEP 2, 2003    Meeting Type: Annual
Record Date:  JUL 7, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    APPROVE AN AMENDMENT TO THE COMPANY S     For       Against    Management
      1999 STOCK OPTION PLAN TO CREATE A STOCK
      ISSUANCE PROGRAM.
03    APPROVE AN AMENDMENT TO THE COMPANY S     For       For        Management
      EMPLOYEE STOCK PURCHASE PLAN TO INCREASE
      THE SHARE RESERVE UNDER THE PURCHASE PLAN
      BY AN ADDITIONAL 1,000,000 SHARES OF
      COMMON STOCK.
04    RATIFY THE APPOINTMENT OF DELOITTE &      For       For        Management
      TOUCHE LLP AS INDEPENDENT AUDITORS OF THE
      COMPANY FOR THE FISCAL YEAR ENDING APRIL
      30, 2004.
05    TRANSACT SUCH OTHER BUSINESS AS MAY       For       For        Management
      PROPERLY COME BEFORE THE MEETING OR ANY
      ADJOURNMENT THEREOF


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

PAYCHEX, INC.

Ticker:       PAYX           Security ID:  704326
Meeting Date: OCT 2, 2003    Meeting Type: Annual
Record Date:  AUG 4, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management


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

PAYCHEX, INC.

Ticker:       PAYX           Security ID:  704326
Meeting Date: OCT 2, 2003    Meeting Type: Annual
Record Date:  AUG 4, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management


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

PFIZER INC.

Ticker:       PFE            Security ID:  717081103
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael S. Brown          For       For        Management
1.2   Elect  Director M. Anthony Burns          For       For        Management
1.3   Elect  Director Robert N. Burt            For       For        Management
1.4   Elect  Director W. Don Cornwell           For       For        Management
1.5   Elect  Director William H. Gray III       For       For        Management
1.6   Elect  Director Constance J. Horner       For       For        Management
1.7   Elect  Director William R. Howell         For       For        Management
1.8   Elect  Director Stanley O. Ikenberry      For       For        Management
1.9   Elect  Director George A. Lorch           For       For        Management
1.10  Elect  Director Henry A. Mckinnell        For       For        Management
1.11  Elect  Director Dana G. Mead              For       For        Management
1.12  Elect  Director Franklin D. Raines        For       For        Management
1.13  Elect  Director Ruth J. Simmons           For       For        Management
1.14  Elect  Director William C. Steere, Jr.    For       For        Management
1.15  Elect  Director Jean-Paul Valles          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
5     Cease Political Contributions/Activities  Against   Against    Shareholder
6     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
7     Establish Term Limits for Directors       Against   Against    Shareholder
8     Report on Drug Pricing                    Against   Against    Shareholder
9     Limit Awards to Executives                Against   Against    Shareholder
10    Amend Animal Testing Policy               Against   Against    Shareholder


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

STATE STREET CORP. (BOSTON)

Ticker:       STT            Security ID:  857477103
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kennett Burnes            For       For        Management
1.2   Elect  Director David Gruber              For       For        Management
1.3   Elect  Director Linda Hill                For       For        Management
1.4   Elect  Director Charles Lamantia          For       For        Management
1.5   Elect  Director Robert Weissman           For       For        Management
2     Exempt Board of Directors from            Against   For        Shareholder
      Massachusetts General Laws, Chapter 156B,
      Section 50A(a)


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

SYSCO CORPORATION

Ticker:       SYY            Security ID:  871829
Meeting Date: NOV 7, 2003    Meeting Type: Annual
Record Date:  SEP 9, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    APPROVAL OF AMENDMENT TO RESTATED         For       For        Management
      CERTIFICATE OF INCORPORATION TO INCREASE
      THE NUMBER OF SHARES OF COMMON STOCK THAT
      SYSCO WILL HAVE THE AUTHORITY TO ISSUE TO
      TWO BILLION (2,000,000,000).
03    APPROVAL OF THE 2003 STOCK INCENTIVE      For       For        Management
      PLAN.
04    SHAREHOLDER PROPOSAL REQUESTING THAT THE  Against   Against    Shareholder
      BOARD REVIEW THE COMPANY S POLICIES FOR
      FOOD PRODUCTS CONTAINING GENETICALLY
      ENGINEERED INGREDIENTS AND REPORT TO
      SHAREHOLDERS BY MARCH 2004.


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

SYSCO CORPORATION

Ticker:       SYY            Security ID:  871829
Meeting Date: NOV 7, 2003    Meeting Type: Annual
Record Date:  SEP 9, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    APPROVAL OF AMENDMENT TO RESTATED         For       For        Management
      CERTIFICATE OF INCORPORATION TO INCREASE
      THE NUMBER OF SHARES OF COMMON STOCK THAT
      SYSCO WILL HAVE THE AUTHORITY TO ISSUE TO
      TWO BILLION (2,000,000,000).
03    APPROVAL OF THE 2003 STOCK INCENTIVE      For       For        Management
      PLAN.
04    SHAREHOLDER PROPOSAL REQUESTING THAT THE  Against   Against    Shareholder
      BOARD REVIEW THE COMPANY S POLICIES FOR
      FOOD PRODUCTS CONTAINING GENETICALLY
      ENGINEERED INGREDIENTS AND REPORT TO
      SHAREHOLDERS BY MARCH 2004.


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

SYSCO CORPORATION

Ticker:       SYY            Security ID:  871829107
Meeting Date: NOV 7, 2003    Meeting Type: Annual
Record Date:  SEP 9, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Jonathan Golden as Class   For       For        Management
      II Director
1.2   Elect Director Joseph A. Hafner, Jr. as   For       For        Management
      Class II Director
1.3   Elect Director Thomas E. Lankford as      For       For        Management
      Class II Director
1.4   Elect Director Richard J. Schnieders as   For       For        Management
      Class II Director
1.5   Elect Director John K. Stubblefield, Jr.  For       For        Management
      as Class III Director
2     Increase Authorized Common Stock          For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Report on the Impact of Genetically       Against   Against    Shareholder
      Engineered Products


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

THE PROCTER & GAMBLE COMPANY

Ticker:       PG             Security ID:  742718
Meeting Date: OCT 14, 2003   Meeting Type: Annual
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RATIFY APPOINTMENT OF INDEPENDENT         For       For        Management
      AUDITORS
03    APPROVE THE PROCTER & GAMBLE 2003         For       For        Management
      NON-EMPLOYEE DIRECTORS  STOCK PLAN
04    SHAREHOLDER PROPOSAL NO. 1 BOARD OF       Against   For        Shareholder
      DIRECTORS  TERMS
05    SHAREHOLDER PROPOSAL NO. 2 LABEL          Against   Against    Shareholder
      GENETICALLY ENGINEERED FOODS


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

THE PROCTER & GAMBLE COMPANY

Ticker:       PG             Security ID:  742718
Meeting Date: OCT 14, 2003   Meeting Type: Annual
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RATIFY APPOINTMENT OF INDEPENDENT         For       For        Management
      AUDITORS
03    APPROVE THE PROCTER & GAMBLE 2003         For       For        Management
      NON-EMPLOYEE DIRECTORS  STOCK PLAN
04    SHAREHOLDER PROPOSAL NO. 1 BOARD OF       Against   For        Shareholder
      DIRECTORS  TERMS
05    SHAREHOLDER PROPOSAL NO. 2 LABEL          Against   Against    Shareholder
      GENETICALLY ENGINEERED FOODS


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

TIME WARNER INC

Ticker:       TWX            Security ID:  887317105
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James L. Barksdale        For       For        Management
1.2   Elect  Director Stephen F. Bollenbach     For       For        Management
1.3   Elect  Director Stephen M. Case           For       For        Management
1.4   Elect  Director Frank J. Caufield         For       For        Management
1.5   Elect  Director Robert C. Clark           For       For        Management
1.6   Elect  Director Miles R. Gilburne         For       For        Management
1.7   Elect  Director Carla A. Hills            For       For        Management
1.8   Elect  Director Reuben Mark               For       For        Management
1.9   Elect  Director Michael A. Miles          For       For        Management
1.10  Elect  Director Kenneth J. Novack         For       For        Management
1.11  Elect  Director Richard D. Parsons        For       For        Management
1.12  Elect  Director R. E. Turner              For       For        Management
1.13  Elect  Director Francis T. Vincent, Jr.   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt China Principles                    Against   Against    Shareholder
4     Report on Pay Disparity                   Against   Against    Shareholder


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

WALGREEN CO.

Ticker:       WAG            Security ID:  931422
Meeting Date: JAN 14, 2004   Meeting Type: Annual
Record Date:  NOV 17, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    APPROVAL OF THE AMENDED AND RESTATED      For       For        Management
      WALGREEN CO. NONEMPLOYEE DIRECTOR STOCK
      PLAN.


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

WALGREEN CO.

Ticker:       WAG            Security ID:  931422
Meeting Date: JAN 14, 2004   Meeting Type: Annual
Record Date:  NOV 17, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    APPROVAL OF THE AMENDED AND RESTATED      For       For        Management
      WALGREEN CO. NONEMPLOYEE DIRECTOR STOCK
      PLAN.


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

WALGREEN CO.

Ticker:       WAG            Security ID:  931422109
Meeting Date: JAN 14, 2004   Meeting Type: Annual
Record Date:  NOV 17, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David W. Bernauer          For       For        Management
1.2   Elect Director William C. Foote           For       For        Management
1.3   Elect Director James J. Howard            For       For        Management
1.4   Elect Director Alan G. McNally            For       For        Management
1.5   Elect Director Cordell Reed               For       For        Management
1.6   Elect Director Jeffrey A. Rein            For       For        Management
1.7   Elect Director David Y. Schwartz          For       For        Management
1.8   Elect Director John B. Schwemm            For       For        Management
1.9   Elect Director Marilou M. von Ferstel     For       For        Management
1.10  Elect Director Charles R. Walgreen III    For       For        Management
2     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan




========= SALOMON BROTHERS SERIES FUNDS INC - NEW YORK MUNICIPAL MONEY =========
=========                         MARKET FUND                          =========




========= SALOMON BROTHERS SERIES FUNDS INC - SHORT/INTERMEDIATE U.S. ==========
=========                       GOVERNMENT FUND                       ==========




========== SALOMON BROTHERS SERIES FUNDS INC - SMALL CAP GROWTH FUND ===========


3COM CORPORATION

Ticker:       COMS           Security ID:  885535
Meeting Date: SEP 23, 2003   Meeting Type: Annual
Record Date:  JUL 25, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO APPROVE THE 3COM 2003 STOCK PLAN WITH  For       For        Management
      AN INITIAL SHARE RESERVE OF 20,000,000
      AND THEREBY ELIMINATE THE SHARES
      AVAILABLE FOR FUTURE GRANTS UNDER THE
      COMPANY S PRIOR EQUITY COMPENSATION
      PLANS.
03    TO APPROVE AN INCREASE IN THE SHARE       For       For        Management
      RESERVE UNDER THE COMPANY S 1984 EMPLOYEE
      STOCK PURCHASE PLAN BY 5,000,000 SHARES.
04    TO RATIFY THE APPOINTMENT OF DELOITTE &   For       For        Management
      TOUCHE LLP AS THE COMPANY S INDEPENDENT
      PUBLIC ACCOUNTANTS FOR THE FISCAL YEAR
      ENDING MAY 28, 2004.


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

99 (CENTS) ONLY STORES

Ticker:       NDN            Security ID:  65440K106
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  APR 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eric Schiffer             For       For        Management
1.2   Elect  Director Lawrence Glascott         For       For        Management
1.3   Elect  Director David Gold                For       For        Management
1.4   Elect  Director Howard Gold               For       For        Management
1.5   Elect  Director Jeff Gold                 For       For        Management
1.6   Elect  Director Marvin Holen              For       For        Management
1.7   Elect  Director Ben Schwartz              For       For        Management
1.8   Elect  Director William Christy           For       For        Management
1.9   Elect  Director Eric G. Flamholtz         For       For        Management
2     Vendor Standards                          Against   For        Shareholder
3     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


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

ABGENIX, INC.

Ticker:       ABGX           Security ID:  00339B107
Meeting Date: JUN 7, 2004    Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R. Scott Greer            For       For        Management
1.2   Elect  Director M. Kathleen Behrens,      For       For        Management
      Ph.D.
1.3   Elect  Director Raju S. Kucherlapati,     For       For        Management
      Ph.D.
1.4   Elect  Director Kenneth B. Lee, Jr.       For       For        Management
1.5   Elect  Director Mark B. Logan             For       For        Management
1.6   Elect  Director Thomas G. Wiggans         For       For        Management
1.7   Elect  Director Raymond M. Withy, Ph.D.   For       For        Management


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

ACTIVISION, INC.

Ticker:       ATVI           Security ID:  004930
Meeting Date: DEC 29, 2003   Meeting Type: Special
Record Date:  DEC 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    THE APPROVAL OF THE PROPOSED AMENDMENT TO For       For        Management
      THE AMENDED AND RESTATED CERTIFICATE OF
      INCORPORATION.


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

ACTIVISION, INC.

Ticker:       ATVI           Security ID:  004930
Meeting Date: SEP 18, 2003   Meeting Type: Annual
Record Date:  JUL 28, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    THE APPROVAL OF THE AMENDMENT TO THE      For       For        Management
      AMENDED AND RESTATED CERTIFICATE OF
      INCORPORATION.
03    APPROVAL OF THE ADOPTION OF THE           For       For        Management
      ACTIVISION 2003 INCENTIVE PLAN.
04    RATIFICATION OF THE SELECTION OF          For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS THE COMPANY
      S INDEPENDENT AUDITORS FOR THE FISCAL
      YEAR ENDING MARCH 31, 2004.


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

ADAPTEC, INC.

Ticker:       ADPT           Security ID:  00651F
Meeting Date: AUG 21, 2003   Meeting Type: Annual
Record Date:  JUN 25, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO APPROVE AN AMENDMENT TO THE COMPANY S  For       For        Management
      1986 EMPLOYEE STOCK PURCHASE PLAN TO
      INCREASE THE NUMBER OF SHARES RESERVED
      FOR ISSUANCE THEREUNDER BY 5,000,000 TO A
      TOTAL OF 15,600,000.
03    TO RATIFY AND APPROVE THE APPOINTMENT OF  For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS THE
      INDEPENDENT ACCOUNTANTS OF THE COMPANY
      FOR THE FISCAL YEAR ENDING MARCH 31,
      2004.


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

AEROFLEX INCORPORATED

Ticker:       ARXX           Security ID:  007768
Meeting Date: NOV 6, 2003    Meeting Type: Annual
Record Date:  OCT 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management


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

AGCO CORP.

Ticker:       AG             Security ID:  001084102
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director W. Wayne Booker           For       For        Management
1.2   Elect  Director Gerald B. Johanneson      For       For        Management
1.3   Elect  Director Curtis E. Moll            For       For        Management
1.4   Elect  Director Robert J. Ratliff         For       For        Management
2     Prepare Sustainability Report             Against   Against    Shareholder


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

AGERE SYSTEMS INC

Ticker:       AGR.A          Security ID:  00845V209
Meeting Date: FEB 19, 2004   Meeting Type: Annual
Record Date:  DEC 22, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard L. Clemmer        For       For        Management
1.2   Elect  Director John T. Dickson           For       For        Management


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

AK STEEL HOLDING CORP.

Ticker:       AKS            Security ID:  001547108
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard A. Abdoo          For       For        Management
1.2   Elect  Director Donald V. Fites           For       For        Management
1.3   Elect  Director Dr. Bonnie G. Hill        For       For        Management
1.4   Elect  Director Robert H. Jenkins         For       For        Management
1.5   Elect  Director Lawrence A. Leser         For       For        Management
1.6   Elect  Director Daniel J. Meyer           For       For        Management
1.7   Elect  Director Shirley D. Peterson       For       For        Management
1.8   Elect  Director Dr. James A. Thomson      For       For        Management
1.9   Elect  Director James L. Wainscott        For       For        Management


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

ALEXANDRIA REAL ESTATE EQUITIES, INC.

Ticker:       ARE            Security ID:  015271109
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jerry M. Sudarsky         For       For        Management
1.2   Elect  Director Joel S. Marcus            For       For        Management
1.3   Elect  Director James H. Richardson       For       For        Management
1.4   Elect  Director Richard B. Jennings       For       For        Management
1.5   Elect  Director Richard H. Klein          For       For        Management
1.6   Elect  Director Anthony M. Solomon        For       For        Management
1.7   Elect  Director Alan G. Walton            For       For        Management
1.8   Elect  Director Richmond A. Wolf          For       For        Management
2     Ratify Auditors                           For       For        Management


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

AMERICAN FINANCIAL REALTY TRUST

Ticker:       AFR            Security ID:  02607P305
Meeting Date: JUN 9, 2004    Meeting Type: Annual
Record Date:  APR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Trustee Glenn Blumenthal            For       For        Management
1.2   Elect Trustee John M. Eggemeyer III       For       For        Management
1.3   Elect Trustee Raymond Garea               For       For        Management
1.4   Elect Trustee Michael J. Hagan            For       For        Management
1.5   Elect Trustee John P. Hollihan III        For       For        Management
1.6   Elect Trustee William M. Kahane           For       For        Management
1.7   Elect Trustee Richard A. Kraemer          For       For        Management
1.8   Elect Trustee Lewis S. Ranieri            For       For        Management
1.9   Elect Trustee Nicholas S. Schorsch        For       For        Management


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

AMERICAN FINANCIAL REALTY TRUST

Ticker:       AFR            Security ID:  02607P
Meeting Date: SEP 25, 2003   Meeting Type: Annual
Record Date:  AUG 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    AMENDMENT OF THE TRUST S AMENDED AND      For       For        Management
      RESTATED DECLARATION OF TRUST TO
      DE-STAGGER THE BOARD OF TRUSTEES AND
      PROVIDE THAT ALL TRUSTEES WILL BE SUBJECT
      TO RE-ELECTION ON AN ANNUAL BASIS.
02    DIRECTOR                                  For       For        Management
03    AMENDMENT AND RESTATEMENT OF THE TRUST S  For       Against    Management
      2002 EQUITY INCENTIVE PLAN, INCLUDING A
      6,750,000 INCREASE IN THE NUMBER OF
      COMMON SHARES AUTHORIZED FOR ISSUANCE
      UNDER THE 2002 EQUITY INCENTIVE PLAN.


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

ANGIOTECH PHARMACEUTICALS INC.

Ticker:       ANP.           Security ID:  034918102
Meeting Date: JAN 20, 2004   Meeting Type: Special
Record Date:  DEC 17, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 2:1 Stock Split                   For       For        Management
2     Approve 2004 Stock Option Plan            For       For        Management
3     Other Business (Voting)                   For       For        Management


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

APEX SILVER MINES LTD

Ticker:       SIL            Security ID:  G04074103
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Harry M. Conger           For       For        Management
1.2   Elect  Director Charles L. Hansard        For       For        Management
1.3   Elect  Director Charles B. Smith          For       For        Management
2     APPROVAL OF THE 2004 EQUITY INCENTIVE     For       For        Management
      PLAN
3     RATIFICATION OF PRICEWATERHOUSECOOPERS    For       For        Management
      LLP AS INDEPENDENT ACCOUNTANTS


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

APPLEBEE'S INTERNATIONAL, INC.

Ticker:       APPB           Security ID:  037899101
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jack P. Helms             For       For        Management
1.2   Elect  Director Lloyd L. Hill             For       For        Management
1.3   Elect  Director Burton M. Sack            For       For        Management
1.4   Elect  Director Michael A. Volkema        For       For        Management
1.5   Elect  Director Steven K. Lumpkin         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Approve Employee Stock Purchase Plan      For       For        Management
4     Ratify Auditors                           For       For        Management
5     Report on Genetically Modified Organisms  Against   Against    Shareholder


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

ARRIS GROUP INC

Ticker:       ARRS           Security ID:  04269Q100
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alex B. Best              For       For        Management
1.2   Elect  Director Harry L. Bosco            For       For        Management
1.3   Elect  Director John (Ian) Anderson Craig For       For        Management
1.4   Elect  Director Matthew B. Kearney        For       For        Management
1.5   Elect  Director William H. Lambert        For       For        Management
1.6   Elect  Director John R. Petty             For       For        Management
1.7   Elect  Director Robert J. Stanzione       For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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

ASHFORD HOSPITALITY TRUST INC.

Ticker:       AHT            Security ID:  044103109
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Archie Bennett, Jr.       For       For        Management
1.2   Elect  Director Montgomery J. Bennett     For       For        Management
1.3   Elect  Director Martin L. Edelman         For       For        Management
1.4   Elect  Director W.D. Minami               For       For        Management
1.5   Elect  Director W. Michael Murphy         For       For        Management
1.6   Elect  Director Phillip S. Payne          For       For        Management
1.7   Elect  Director Charles P. Toppino        For       For        Management
2     Ratify Auditors                           For       For        Management


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

AVOCENT CORPORATION

Ticker:       AVCT           Security ID:  053893103
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William H. McAleer        For       For        Management
1.2   Elect  Director David P. Vieau            For       For        Management
1.3   Elect  Director Doyle C. Weeks            For       For        Management
2     Ratify Auditors                           For       For        Management


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

BANKNORTH GROUP, INC.

Ticker:       BNK            Security ID:  06646R107
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dana S. Levenson          For       For        Management
1.2   Elect  Director John M. Naughton          For       For        Management
1.3   Elect  Director Angelo Pizzagalli         For       For        Management
2     Ratify Auditors                           For       For        Management


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

BARNES & NOBLE, INC.

Ticker:       BKS            Security ID:  067774109
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Leonard Riggio            For       For        Management
1.2   Elect  Director Michael J. Del Giudice    For       For        Management
1.3   Elect  Director William Sheluck, Jr.      For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Approve Increase in Size of Board         For       For        Management
5     Ratify Auditors                           For       For        Management


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

BIOMARIN PHARMACEUTICAL INC.

Ticker:       BMRN           Security ID:  09061G101
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Fredric D. Price          For       For        Management
1.2   Elect  Director Franz L. Cristiani        For       For        Management
1.3   Elect  Director Elaine J. Heron           For       For        Management
1.4   Elect  Director Pierre Lapalme            For       For        Management
1.5   Elect  Director Erich Sager               For       For        Management
1.6   Elect  Director John Urquhart             For       For        Management
1.7   Elect  Director Gwynn R. Williams         For       For        Management
2     Ratify Auditors                           For       For        Management


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

BORLAND SOFTWARE CORP.

Ticker:       BORL           Security ID:  099849101
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William F. Miller         For       For        Management
1.2   Elect  Director Laura S. Unger            For       For        Management
1.3   Elect  Director T. Michael Nevens         For       For        Management
2     Declassify the Board of Directors         Against   For        Shareholder
3     Ratify Auditors                           For       For        Management


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

CARMIKE CINEMAS, INC.

Ticker:       CKEC           Security ID:  143436400
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael W. Patrick        For       For        Management
1.2   Elect  Director Elizabeth C. Fascitelli   For       For        Management
1.3   Elect  Director Richard A. Friedman       For       For        Management
1.4   Elect  Director Alan J. Hirschfield       For       For        Management
1.5   Elect  Director John W. Jordan II         For       For        Management
1.6   Elect  Director S. David Passman III      For       For        Management
1.7   Elect  Director Carl L. Patrick, Jr.      For       For        Management
1.8   Elect  Director Kenneth A. Pontarelli     For       For        Management
1.9   Elect  Director Roland C. Smith           For       For        Management
1.10  Elect  Director Patricia A. Wilson        For       For        Management
1.11  Elect  Director David W. Zalaznick        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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

CARTER

Ticker:       CRI            Security ID:  146229109
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ross M. Jones             For       For        Management
1.2   Elect  Director David Pulver              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management


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

CENTERPOINT PROPERTIES TRUST

Ticker:       CNT            Security ID:  151895109
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nicholas C. Babson        For       For        Management
1.2   Elect  Director Martin Barber             For       For        Management
1.3   Elect  Director Norman R. Bobins          For       For        Management
1.4   Elect  Director Alan D. Feld              For       For        Management
1.5   Elect  Director Paul S. Fisher            For       For        Management
1.6   Elect  Director John S. Gates, Jr.        For       For        Management
1.7   Elect  Director Michael M. Mullen         For       For        Management
1.8   Elect  Director Thomas E. Robinson        For       For        Management
1.9   Elect  Director John C. Staley            For       For        Management
1.10  Elect  Director Robert L. Stovall         For       For        Management
2     Increase Authorized Common Stock          For       Against    Management


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

CHICAGO BRIDGE & IRON CO.

Ticker:       CBI            Security ID:  167250109
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     FIRST POSITION: BALLENGEE                 For       For        Management
2     FIRST POSITION: BORDAGES                  Against   Against    Management
3     SECOND POSITION: SIMPSON                  For       For        Management
4     SECOND POSITION: LEVENTRY                 Against   Against    Management
5     TO AUTHORIZE THE PREPARATION OF THE       For       For        Management
      ANNUAL ACCOUNTS AND ANNUAL REPORT IN THE
      ENGLISH LANGUAGE AND ADOPT DUTCH
      STATUTORY ANNUAL ACCOUNTS
6     TO DISCHARGE MANAGEMENT BOARD AND         For       For        Management
      SUPERVISORY BOARD FROM LIABILITY IN
      EXERCISE OF THEIR DUTIES
7     TO RESOLVE THE FINAL DIVIDEND             For       For        Management
8     TO REPURCHASE UP TO 30% OF THE ISSUED     For       Against    Management
      SHARE CAPITAL
9     TO CANCEL SHARES TO BE ACQUIRED BY THE    For       For        Management
      COMPANY IN ITS OWN SHARE CAPITAL
10    TO APPROVE THE EXTENSION OF THE AUTHORITY For       For        Management
      TO ISSUE AND/OR GRANT RIGHTS ON SHARES
      AND TO LIMIT OR EXCLUDE PREEMPTIVE RIGHTS
11    TO INCREASE THE AMOUNT OF THE AUTHORIZED  For       For        Management
      SHARE CAPITAL
12    TO APPOINT DELOITTE & TOUCHE AS THE       For       For        Management
      COMPANY S INDEPENDENT PUBLIC ACCOUNTANTS


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

CINCINNATI BELL INC.

Ticker:       CBB            Security ID:  171871106
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Phillip R. Cox            For       For        Management
1.2   Elect  Director Michael G. Morris         For       For        Management
1.3   Elect  Director John M. Zrno              For       For        Management


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

CITADEL BROADCASTING CORP

Ticker:       CDL            Security ID:  17285T106
Meeting Date: MAY 24, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David W. Checketts        For       For        Management
1.2   Elect  Director J. Anthony Forstmann      For       For        Management
1.3   Elect  Director Charles P. Rose, Jr.      For       For        Management
2     Ratify Auditors                           For       For        Management


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

CITIZENS COMMUNICATIONS CO.

Ticker:       CZN            Security ID:  17453B101
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Aaron I. Fleischman       For       For        Management
1.2   Elect  Director Rudy J. Graf              For       For        Management
1.3   Elect  Director Stanley Harfenist         For       For        Management
1.4   Elect  Director Andrew N. Heine           For       For        Management
1.5   Elect  Director William M. Kraus          For       For        Management
1.6   Elect  Director Scott N. Schneider        For       For        Management
1.7   Elect  Director John L. Schroeder         For       For        Management
1.8   Elect  Director Robert A. Stanger         For       For        Management
1.9   Elect  Director Edwin Tornberg            For       For        Management
1.10  Elect  Director Claire L. Tow             For       For        Management
1.11  Elect  Director Leonard Tow               For       For        Management
1.12  Elect  Director David H. Ward             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


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

CITY NATIONAL CORP.

Ticker:       CYN            Security ID:  178566105
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Russell Goldsmith         For       For        Management
1.2   Elect  Director Michael L. Meyer          For       For        Management
1.3   Elect  Director Ronald L. Olson           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management


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

COMMONWEALTH TELEPHONE ENTERPRISES, INC.

Ticker:       CTCO           Security ID:  203349105
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank M. Henry            For       For        Management
1.2   Elect  Director Michael J. Mahoney        For       For        Management
1.3   Elect  Director John J. Whyte             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


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

COMPUWARE CORPORATION

Ticker:       CPWR           Security ID:  205638
Meeting Date: AUG 26, 2003   Meeting Type: Annual
Record Date:  JUL 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management


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

COUSINS PROPERTIES INC.

Ticker:       CUZ            Security ID:  222795106
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas D. Bell, Jr.       For       For        Management
1.2   Elect  Director Erskine B. Bowles         For       For        Management
1.3   Elect  Director Richard W. Courts, Ii     For       For        Management
1.4   Elect  Director Thomas G. Cousins         For       For        Management
1.5   Elect  Director Lillian C. Giornelli      For       For        Management
1.6   Elect  Director Terence C. Golden         For       For        Management
1.7   Elect  Director Boone A. Knox             For       For        Management
1.8   Elect  Director John J. Mack              For       For        Management
1.9   Elect  Director Hugh L. Mccoll, Jr.       For       For        Management
1.10  Elect  Director William Porter Payne      For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management


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

CSG SYSTEMS INTERNATIONAL, INC.

Ticker:       CSGS           Security ID:  126349109
Meeting Date: MAY 28, 2004   Meeting Type: Annual
Record Date:  MAR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Janice I. Obuchowski      For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management


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

CULLEN/FROST BANKERS, INC.

Ticker:       CFR            Security ID:  229899109
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Royce S. Caldwell         For       For        Management
1.2   Elect  Director Richard W. Evans, Jr.     For       For        Management
1.3   Elect  Director T.C. Frost                For       For        Management
1.4   Elect  Director Preston M. Geren III      For       For        Management
1.5   Elect  Director Karen E. Jennings         For       For        Management
1.6   Elect  Director Richard M. Kleberg, III   For       For        Management
1.7   Elect  Director Horace Wilkins, Jr.       For       For        Management
2     Ratify Auditors                           For       For        Management


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

DADE BEHRING HLDGS INC

Ticker:       DADE           Security ID:  23342J206
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director N. Leigh Anderson, Ph.D.  For       For        Management
1.2   Elect  Director James G. Andress          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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

DIGITAL RIVER, INC.

Ticker:       DRIV           Security ID:  25388B104
Meeting Date: MAY 24, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joel A. Ronning           For       For        Management
1.2   Elect  Director Perry W. Steiner          For       Withhold   Management
1.3   Elect  Director J. Paul Thorin            For       For        Management
2     Amend Stock Option Plan                   For       Against    Management
3     Amend Stock Option Plan                   For       Against    Management
4     Ratify Auditors                           For       For        Management


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

DJ ORTHOPEDICS, INC.

Ticker:       DJO            Security ID:  23325G104
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jack R. Blair             For       For        Management
1.2   Elect  Director Mitchell J. Blutt, M.D.   For       For        Management
2     Ratify Auditors                           For       For        Management


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

DOBSON COMMUNICAITON CORPORATION

Ticker:       DCEL           Security ID:  256069105
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Fred J. Hall              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

DOWNEY FINANCIAL CORP.

Ticker:       DSL            Security ID:  261018105
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Brent McQuarrie           For       For        Management
1.2   Elect  Director James H. Hunter           For       For        Management
1.3   Elect  Director Marangal I. Domingo       For       For        Management
2     Ratify Auditors                           For       For        Management


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

EAST WEST BANCORP, INC.

Ticker:       EWBC           Security ID:  27579R104
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Julia Gouw                For       For        Management
1.2   Elect  Director Peggy Cherng              For       For        Management
2     Ratify Auditors                           For       For        Management


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

ELECTRONICS FOR IMAGING, INC.

Ticker:       EFII           Security ID:  286082102
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gill Cogan                For       For        Management
1.2   Elect  Director Jean-Louis Gassee         For       For        Management
1.3   Elect  Director Guy Gecht                 For       For        Management
1.4   Elect  Director James S. Greene           For       For        Management
1.5   Elect  Director Dan Maydan                For       For        Management
1.6   Elect  Director Fred Rosenzweig           For       For        Management
1.7   Elect  Director Thomas I. Unterberg       For       For        Management
1.8   Elect  Director David Peterschmidt        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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

EMULEX CORPORATION

Ticker:       ELX            Security ID:  292475
Meeting Date: NOV 20, 2003   Meeting Type: Annual
Record Date:  OCT 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For                  Management
01.1  FRED B. COX                               For       Withheld   Management
01.2  MICHAEL P. DOWNEY                         For       For        Management
01.3  BRUCE C. EDWARDS                          For       For        Management
01.4  PAUL F. FOLINO                            For       For        Management
01.5  ROBERT H. GOON                            For       For        Management
01.6  DON M. LYLE                               For       For        Management
02    RATIFICATION AND APPROVAL OF THE OPTION   For       For        Management
      EXCHANGE PROPOSAL. PROPOSAL TO RATIFY AND
      APPROVE THE AUTHORIZATION OF AN EXCHANGE
      OF CERTAIN OUTSTANDING EMPLOYEE STOCK
      OPTIONS FOR A SMALLER NUMBER OF STOCK
      OPTIONS WITH A NEW EXERCISE PRICE.
03    RATIFICATION OF SELECTION OF KPMG LLP AS  For       For        Management
      INDEPENDENT AUDITORS.


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

ENCYSIVE PHARMACEUTICALS, INC.

Ticker:       ENCY           Security ID:  29256X107
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John M. Pietruski         For       For        Management
1.2   Elect  Director Ron J. Anderson           For       For        Management
1.3   Elect  Director Frank C. Carlucci         For       For        Management
1.4   Elect  Director Robert J. Cruikshank      For       For        Management
1.5   Elect  Director Richard A. F. Dixon       For       For        Management
1.6   Elect  Director Bruce D. Given            For       For        Management
1.7   Elect  Director Suzanne Oparil            For       For        Management
1.8   Elect  Director William R. Ringo, Jr.     For       For        Management
1.9   Elect  Director James A. Thomson          For       For        Management
1.10  Elect  Director James T. Willerson        For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


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

ENTERASYS NETWORKS INC

Ticker:       ETS            Security ID:  293637104
Meeting Date: JUN 9, 2004    Meeting Type: Annual
Record Date:  APR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William K. O'Brien        For       For        Management
1.2   Elect  Director Michael Gallagher         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Declassify the Board of Directors         For       For        Shareholder


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

EVERGREEN RESOURCES, INC.

Ticker:       EVG            Security ID:  299900308
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dennis R. Carlton         For       For        Management
1.2   Elect  Director Mark S. Sexton            For       For        Management
1.3   Elect  Director Arthur L. Smith           For       For        Management
2     Ratify Auditors                           For       For        Management


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

FAIR ISAAC  INC.

Ticker:       FIC            Security ID:  303250104
Meeting Date: FEB 2, 2004    Meeting Type: Annual
Record Date:  DEC 5, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A. George Battle          For       For        Management
1.2   Elect  Director Tony J. Christianson      For       For        Management
1.3   Elect  Director Thomas G. Grudnowski      For       For        Management
1.4   Elect  Director Alex W. Hart              For       For        Management
1.5   Elect  Director Philip G. Heasley         For       For        Management
1.6   Elect  Director Guy R. Henshaw            For       For        Management
1.7   Elect  Director David S.P. Hopkins        For       For        Management
1.8   Elect  Director Margaret L. Taylor        For       For        Management
2     Increase Authorized Common Stock          For       Against    Management
3     Ratify Auditors                           For       For        Management


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

FOREST OIL CORP.

Ticker:       FST            Security ID:  346091705
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Cortlandt S. Dietler      For       For        Management
1.2   Elect  Director Dod A. Fraser             For       For        Management
1.3   Elect  Director Patrick R. McDonald       For       For        Management
2     Ratify Auditors                           For       For        Management


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

FOUNDRY NETWORKS, INC.

Ticker:       FDRY           Security ID:  35063R100
Meeting Date: JUN 1, 2004    Meeting Type: Annual
Record Date:  APR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bobby R. Johnson, Jr.     For       For        Management
1.2   Elect  Director Andrew K. Ludwick         For       For        Management
1.3   Elect  Director Alfred J. Amoroso         For       For        Management
1.4   Elect  Director C. Nicholas Keating, Jr.  For       For        Management
1.5   Elect  Director J. Steven Young           For       For        Management
1.6   Elect  Director Alan L. Earhart           For       For        Management
2     Ratify Auditors                           For       For        Management


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

GEORGIA GULF CORP.

Ticker:       GGC            Security ID:  373200203
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jerry R. Satrum           For       For        Management
1.2   Elect  Director Edward A. Schmitt         For       For        Management
1.3   Elect  Director Yoshi Kawashima           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve Executive Incentive Bonus Plan    For       For        Management


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

GETTY IMAGES, INC.

Ticker:       GYI            Security ID:  374276103
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James N. Bailey           For       For        Management
1.2   Elect  Director Andrew S. Garb            For       For        Management
1.3   Elect  Director David Landau              For       For        Management
2     Ratify Auditors                           For       For        Management


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

GLOBESPANVIRATA INC.

Ticker:       GSPN           Security ID:  37957V106
Meeting Date: FEB 25, 2004   Meeting Type: Special
Record Date:  JAN 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


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

GYMBOREE CORP.                                                    , THE

Ticker:       GYMB           Security ID:  403777105
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lisa M. Harper            For       For        Management
1.2   Elect  Director Barbara L. Rambo          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


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

INNOVEX, INC.

Ticker:       INVX           Security ID:  457647
Meeting Date: JAN 20, 2004   Meeting Type: Annual
Record Date:  DEC 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    PROPOSAL TO APPROVE AN AMENDMENT TO THE   For       For        Management
      COMPANY S BYLAWS.
02    DIRECTOR                                  For       For        Management
03    PROPOSAL TO APPROVE AN AMENDMENT TO THE   For       For        Management
      COMPANY S 1994 STOCK OPTION PLAN.
04    PROPOSAL TO APPROVE AN AMENDMENT TO THE   For       For        Management
      COMPANY S EMPLOYEE STOCK PURCHASE PLAN.
05    PROPOSAL TO RATIFY APPOINTMENT OF GRANT   For       For        Management
      THORNTON LLP AS INDEPENDENT PUBLIC
      ACCOUNTANTS.


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

INTEGRATED DEVICE TECHNOLOGY, INC.

Ticker:       IDTI           Security ID:  458118
Meeting Date: SEP 12, 2003   Meeting Type: Annual
Record Date:  JUL 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    AMENDMENT TO THE COMPANY S 1984 EMPLOYEE  For       For        Management
      STOCK PURCHASE PLAN.
03    RATIFICATION OF SELECTION OF              For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS THE COMPANY
      S INDEPENDENT ACCOUNTANTS.


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

INTERMUNE INC.

Ticker:       ITMN           Security ID:  45884X103
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael L. Smith          For       For        Management
1.2   Elect  Director Daniel G. Welch           For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Ratify Auditors                           For       For        Management


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

IPC HOLDINGS LTD

Ticker:       IPCR           Security ID:  G4933P101
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joseph C.H. Johnson       For       Did Not    Management
                                                          Vote
1.2   Elect  Director James P. Bryce            For       Did Not    Management
                                                          Vote
1.3   Elect  Director Kenneth L. Hammond        For       Did Not    Management
                                                          Vote
1.4   Elect  Director Dr. Hon. C.E. James       For       Did Not    Management
                                                          Vote
1.5   Elect  Director Frank Mutch               For       Did Not    Management
                                                          Vote
1.6   Elect  Director Anthony M. Pilling        For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


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

LEGG MASON, INC.

Ticker:       LM             Security ID:  524901
Meeting Date: JUL 22, 2003   Meeting Type: Annual
Record Date:  MAY 23, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management


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

LIGAND PHARMACEUTICALS INCORPORATED

Ticker:       LGND           Security ID:  53220K207
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  APR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Henry F. Blissenbach      For       For        Management
1.2   Elect  Director Alexander D. Cross        For       For        Management
1.3   Elect  Director John Groom                For       For        Management
1.4   Elect  Director Irving S. Johnson         For       For        Management
1.5   Elect  Director John W. Kozarich          For       For        Management
1.6   Elect  Director Carl Peck                 For       For        Management
1.7   Elect  Director David E. Robinson         For       For        Management
1.8   Elect  Director Michael A. Rocca          For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Ratify Auditors                           For       For        Management


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

MCAFEE INC.

Ticker:       MFE            Security ID:  640938106
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert Dutkowsky          For       For        Management
1.2   Elect  Director Denis O'Leary             For       For        Management
1.3   Elect  Director Robert Pangia             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

MCDATA CORPORATION

Ticker:       MCDTA          Security ID:  580031
Meeting Date: AUG 27, 2003   Meeting Type: Annual
Record Date:  JUL 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO RATIFY THE APPOINTMENT OF THE FIRM     For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
      AUDITORS OF MCDATA CORPORATION FOR THE
      FISCAL YEAR ENDING JANUARY 31, 2004.
03    TO APPROVE AMENDMENTS TO THE 2001 MCDATA  For       For        Management
      EQUITY INCENTIVE PLAN.


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

MEN'S WEARHOUSE, INC., THE

Ticker:       MW             Security ID:  587118100
Meeting Date: JUN 30, 2004   Meeting Type: Annual
Record Date:  MAY 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director George Zimmer             For       For        Management
1.2   Elect  Director David H. Edwab            For       For        Management
1.3   Elect  Director Rinaldo S. Brutoco        For       For        Management
1.4   Elect  Director Michael L. Ray, Ph.D.     For       For        Management
1.5   Elect  Director Sheldon I. Stein          For       Withhold   Management
1.6   Elect  Director Kathleen Mason            For       For        Management
1.7   Elect  Director Deepak Chopra, M.D.       For       For        Management
1.8   Elect  Director William B. Sechrest       For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Implement ILO Based Code of Conduct       Against   Against    Shareholder
6     Require Two-Thirds Majority of            Against   For        Shareholder
      Independent Directors on Board


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

MICROSEMI CORP.

Ticker:       MSCC           Security ID:  595137100
Meeting Date: FEB 25, 2004   Meeting Type: Annual
Record Date:  JAN 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James J. Peterson          For       For        Management
1.2   Elect Director Nick E. Yocca              For       Withhold   Management
1.3   Elect Director Thomas R. Anderson         For       For        Management
1.4   Elect Director Dennis  R. Leibel          For       For        Management
1.5   Elect Director William E. Bendush         For       For        Management
1.6   Elect Director William L. Healey          For       For        Management
1.7   Elect Director Harold A. Blonquist        For       For        Management


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

MILLENNIUM PHARMACEUTICALS, INC.

Ticker:       MLNM           Security ID:  599902103
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles J. Homcy, M.D.    For       For        Management
1.2   Elect  Director Raju S. Kucherlapati,     For       For        Management
      Ph.D.
1.3   Elect  Director Eric S. Lander, Ph.D.     For       For        Management
2     Ratify Auditors                           For       For        Management


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

MINERALS TECHNOLOGIES, INC.

Ticker:       MTX            Security ID:  603158106
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John B. Curcio            For       For        Management
1.2   Elect  Director Paul R. Saueracker        For       For        Management
1.3   Elect  Director William C. Stivers        For       For        Management
2     Ratify Auditors                           For       For        Management


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

MSC INDUSTRIAL DIRECT CO., INC.

Ticker:       MSM            Security ID:  553530
Meeting Date: JAN 6, 2004    Meeting Type: Annual
Record Date:  DEC 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO CONSIDER AND ACT UPON A PROPOSAL TO    For       For        Management
      APPROVE AN AMENDMENT TO THE COMPANY S
      1995 RESTRICTED STOCK PLAN.
03    TO CONSIDER AND ACT UPON A PROPOSAL TO    For       For        Management
      APPROVE AN AMENDMENT TO THE COMPANY S
      1995 STOCK OPTION PLAN.
04    TO CONSIDER AND ACT UPON A PROPOSAL TO    For       For        Management
      APPROVE AN AMENDMENT TO THE COMPANY S
      1998 STOCK OPTION PLAN.
05    TO CONSIDER AND ACT UPON A PROPOSAL TO    For       For        Management
      APPROVE AN AMENDMENT TO THE COMPANY S
      2001 STOCK OPTION PLAN.
06    TO CONSIDER AND ACT UPON A PROPOSAL TO    For       For        Management
      APPROVE AN AMENDMENT TO THE COMPANY S
      ASSOCIATE STOCK PURCHASE PLAN.
07    TO CONSIDER AND ACT UPON A PROPOSAL TO    For       For        Management
      RATIFY THE APPOINTMENT OF ERNST & YOUNG
      LLP AS INDEPENDENT CERTIFIED PUBLIC
      ACCOUNTANTS OF THE COMPANY FOR THE FISCAL
      YEAR 2004


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

NETGEAR INC

Ticker:       NTGR           Security ID:  64111Q104
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Patrick C.S. Lo           For       For        Management
1.2   Elect  Director Ralph E. Faison           For       For        Management
1.3   Elect  Director A. Timothy Godwin         For       For        Management
1.4   Elect  Director Linwood A. Lacy, Jr.      For       For        Management
1.5   Elect  Director Gerald A. Poch            For       For        Management
1.6   Elect  Director Gregory Rossmann          For       For        Management
1.7   Elect  Director Stephen D. Royer          For       For        Management
2     Ratify Auditors                           For       For        Management


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

NETIQ CORPORATION

Ticker:       NTIQ           Security ID:  64115P
Meeting Date: NOV 20, 2003   Meeting Type: Annual
Record Date:  SEP 26, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO APPROVE THE APPOINTMENT OF DELOITTE &  For       For        Management
      TOUCHE LLP AS THE COMPANY S INDEPENDENT
      CERTIFIED PUBLIC AUDITORS.


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

NETWORKS ASSOCIATES, INC.

Ticker:       NET            Security ID:  640938
Meeting Date: DEC 16, 2003   Meeting Type: Annual
Record Date:  NOV 13, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO APPROVE AN AMENDMENT TO THE 1997 STOCK For       For        Management
      INCENTIVE PLAN TO INCREASE THE NUMBER OF
      SHARES OF THE COMPANY S COMMON STOCK
      RESERVED FOR ISSUANCE THEREUNDER BY
      2,000,000 SHARES.
03    TO APPROVE AMENDMENTS TO THE STOCK OPTION For       Against    Management
      PLAN FOR OUTSIDE DIRECTORS TO INCREASE
      THE NUMBER OF SHARES INCLUDED IN THE
      INITIAL STOCK OPTION GRANT TO
      NON-EMPLOYEE DIRECTORS BY 5,000 TO 50,000
      SHARES OF COMMON STOCK AND TO INCREASE
      THE NUMBER OF SHARES INCLU
04    TO APPROVE AN AMENDMENT TO THE 2002       For       For        Management
      EMPLOYEE STOCK PURCHASE PLAN TO INCREASE
      THE NUMBER OF SHARES OF THE COMPANY S
      COMMON STOCK RESERVED FOR ISSUANCE
      THEREUNDER BY 2,000,000 SHARES.
05    TO RATIFY THE APPOINTMENT OF              For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS THE
      INDEPENDENT ACCOUNTANTS FOR THE FISCAL
      YEAR ENDING DECEMBER 31, 2003.


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

NEW YORK COMMUNITY BANCORP, INC.

Ticker:       NYB            Security ID:  649445
Meeting Date: OCT 29, 2003   Meeting Type: Special
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    TO APPROVE AND ADOPT THE AGREEMENT AND    For       For        Management
      PLAN OF MERGER, DATED AS OF JUNE 27,
      2003, BY AND BETWEEN NEW YORK COMMUNITY
      BANCORP, INC., AND ROSLYN BANCORP, INC.,
      PURSUANT TO WHICH ROSLYN WILL BE MERGED
      WITH AND INTO NEW YORK COMMUNITY.
02    TO APPROVE AN AMENDMENT TO NEW YORK       For       For        Management
      COMMUNITY S CERTIFICATE OF INCORPORATION
      INCREASING THE AMOUNT OF COMMON STOCK
      AUTHORIZED FOR ISSUANCE FROM 300 MILLION
      TO 600 MILLION SHARES.


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

NOVELL, INC.

Ticker:       NOVL           Security ID:  670006105
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Albert Aiello             For       For        Management
1.2   Elect  Director Fred Corrado              For       For        Management
1.3   Elect  Director Richard L. Crandall       For       For        Management
1.4   Elect  Director Wayne Mackie              For       For        Management
1.5   Elect  Director Claudia B. Malone         For       For        Management
1.6   Elect  Director Jack L. Messman           For       For        Management
1.7   Elect  Director Richard L. Nolan          For       For        Management
1.8   Elect  Director Thomas G. Plaskett        For       For        Management
1.9   Elect  Director John W. Poduska, Sr.      For       For        Management
1.10  Elect  Director James D. Robinson, III    For       For        Management
1.11  Elect  Director Kathy Brittain White      For       For        Management
2     Expense Stock Options                     Against   For        Shareholder
3     Performance-Based/Indexed Options         Against   Against    Shareholder
4     Prohibit Auditor from Providing Non-Audit Against   Against    Shareholder
      Services


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

O'CHARLEY'S INC.

Ticker:       CHUX           Security ID:  670823103
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William F. Andrews        For       For        Management
1.2   Elect  Director John E. Stokely           For       For        Management
1.3   Elect  Director H. Steve Tidwell          For       For        Management


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

OPENWAVE SYSTEMS INC.

Ticker:                      Security ID:  683718
Meeting Date: NOV 21, 2003   Meeting Type: Annual
Record Date:  SEP 30, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    RATIFY SELECTION OF KPMG LLP AS           For       For        Management
      INDEPENDENT AUDITORS.


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

OPENWAVE SYSTEMS INC.

Ticker:       OPWV           Security ID:  683718
Meeting Date: OCT 1, 2003    Meeting Type: Special
Record Date:  SEP 4, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    TO APPROVE EACH OF THE THREE FORMS OF     For       For        Management
      AMENDMENT TO THE COMPANY S AMENDED AND
      RESTATED CERTIFICATE OF INCORPORATION SET
      FORTH AT APPENDICES A-1, A-2 AND A-3, TO
      EFFECT A REVERSE STOCK SPLIT OF THE
      COMPANY S COMMON STOCK WHEREBY EACH
      OUTSTANDING 3, 4 OR 5 S


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

PACIFIC NORTHWEST BANCORP

Ticker:       PNWB           Security ID:  69466M
Meeting Date: SEP 16, 2003   Meeting Type: Special
Record Date:  AUG 5, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    APPROVAL OF THE AGREEMENT AND PLAN OF     For       For        Management
      REORGANIZATION DATED AS OF MAY 19, 2003,
      BETWEEN PACIFIC NORTHWEST BANCORP AND
      WELLS FARGO & COMPANY, AS AMENDED BY
      AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF
      REORGANIZATION DATED AS OF JULY 31, 2003.


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

PARTNERRE LTD (FRM. PARTNERRE HOLDINGS LTD. )

Ticker:       PRE            Security ID:  G6852T105
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Vito H. Baumgartner       For       For        Management
1.2   Elect  Director Jean-Paul Montupet        For       For        Management
1.3   Elect  Director John A. Rollwagen         For       For        Management
1.4   Elect  Director Lucio Stanca              For       For        Management
2     TO APPROVE AN INCREASE IN THE MAXIMUM     For       For        Management
      NUMBER OF DIRECTORS FROM TEN TO ELEVEN,
      WITH THE MINIMUM NUMBER OF DIRECTORS SET
      AT THREE, AND FOR THE BOARD TO BE
      AUTHORIZED TO FILL ANY VACANCIES AS AND
      WHEN THEY DEEM EXPEDIENT.
3     TO AMEND THE BYE-LAWS OF THE COMPANY TO   For       For        Management
      REMOVE THE EXEMPTION WHICH EXCLUDES SWISS
      REINSURANCE COMPANY AND ITS AFFILIATES
      FROM THE PROHIBITION ON OBTAINING OR
      EXERCISING MORE THAN 9.9% OF THE VOTING
      RIGHTS ATTACHED TO THE COMPANY S ISSUED
      AND OUTSTANDING
4     TO INCREASE THE NUMBER OF COMMON SHARES   For       For        Management
      RESERVED FOR ISSUANCE UNDER THE PARTNERRE
      LTD. EMPLOYEE INCENTIVE PLAN FROM
      3,500,000 COMMON SHARES TO 5,000,000
      COMMON SHARES.
5     Ratify Auditors                           For       For        Management
6     Other Business                            For       For        Management


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

PATHMARK STORES, INC. (NEW)

Ticker:       PTMK           Security ID:  70322A101
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  APR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William J. Begley         For       For        Management
1.2   Elect  Director Daniel H. Fitzgerald      For       For        Management
1.3   Elect  Director Eugene M. Freedman        For       For        Management
1.4   Elect  Director Bruce Hartman             For       For        Management
1.5   Elect  Director James L. Moody, Jr.       For       For        Management
1.6   Elect  Director Eileen R. Scott           For       For        Management
1.7   Elect  Director Frank G. Vitrano          For       For        Management
2     Ratify Auditors                           For       For        Management


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

PATINA OIL & GAS CORP.

Ticker:       POG            Security ID:  703224105
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  APR 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles E. Bayless        For       For        Management
1.2   Elect  Director Jeffrey L. Berenson       For       For        Management
1.3   Elect  Director Robert J. Clark           For       For        Management
1.4   Elect  Director Jay W. Decker             For       For        Management
1.5   Elect  Director Thomas J. Edelman         For       For        Management
1.6   Elect  Director Elizabeth K. Lanier       For       For        Management
1.7   Elect  Director Alexander P. Lynch        For       For        Management
1.8   Elect  Director Paul M. Rady              For       For        Management
1.9   Elect  Director Jon R. Whitney            For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management
4     Other Business                            For       For        Management


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

PEROT SYSTEMS CORP.

Ticker:       PER            Security ID:  714265105
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ross Perot                For       For        Management
1.2   Elect  Director Ross Perot, Jr.           For       For        Management
1.3   Elect  Director Steve Blasnik             For       For        Management
1.4   Elect  Director John S.T. Gallagher       For       For        Management
1.5   Elect  Director Carl Hahn                 For       For        Management
1.6   Elect  Director Desoto Jordan             For       For        Management
1.7   Elect  Director Thomas Meurer             For       For        Management
1.8   Elect  Director Cecil H (c.H.) Moore Jr   For       For        Management


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

PLEXUS CORP.

Ticker:       PLXS           Security ID:  729132100
Meeting Date: FEB 11, 2004   Meeting Type: Annual
Record Date:  DEC 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stephen P. Cortinovis      For       For        Management
1.2   Elect Director David J. Drury             For       For        Management
1.3   Elect Director Dean A. Foate              For       For        Management
1.4   Elect Director John L. Nussbaum           For       For        Management
1.5   Elect Director Thomas J. Prosser          For       Withhold   Management
1.6   Elect Director Charles M. Strother, M.D.  For       For        Management
1.7   Elect Director Jan K. VerHagen            For       For        Management
2     Ratify Auditors                           For       For        Management


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

POWERWAVE TECHNOLOGIES, INC.

Ticker:       PWAV           Security ID:  739363109
Meeting Date: APR 27, 2004   Meeting Type: Special
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Board to Issue Shares in the    For       For        Management
      Event of a Public Tender Offer or Share
      Exchange Offer
2     Increase Authorized Common Stock          For       For        Management


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

PRAECIS PHARMACEUTICALS, INC.

Ticker:       PRCS           Security ID:  739421105
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Malcolm L. Gefter, Ph.D.  For       For        Management
1.2   Elect  Director G. Leonard Baker, Jr.     For       For        Management
1.3   Elect  Director Garen G. Bohlin           For       For        Management
1.4   Elect  Director Henry F. McCance          For       For        Management
1.5   Elect  Director Leonard E. Post, Ph.D.    For       For        Management
1.6   Elect  Director William R. Ringo          For       For        Management
1.7   Elect  Director David B. Sharrock         For       For        Management
1.8   Elect  Director Patrick J. Zenner         For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Ratify Auditors                           For       For        Management


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

PRIDE INTERNATIONAL, INC.

Ticker:       PDE            Security ID:  74153Q102
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert L. Barbanell       For       For        Management
1.2   Elect  Director Paul A. Bragg             For       For        Management
1.3   Elect  Director David A.B. Brown          For       For        Management
1.4   Elect  Director J.C. Burton               For       For        Management
1.5   Elect  Director Jorge E. Estrada          For       For        Management
1.6   Elect  Director William E. Macaulay       For       For        Management
1.7   Elect  Director Ralph D. Mcbride          For       For        Management
1.8   Elect  Director David B. Robson           For       For        Management
2     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
3     Ratify Auditors                           For       For        Management


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

PS BUSINESS PARKS, INC.

Ticker:       PSB            Security ID:  69360J107
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald L. Havner, Jr.     For       For        Management
1.2   Elect  Director Joseph D. Russell, Jr.    For       For        Management
1.3   Elect  Director Harvey Lenkin             For       For        Management
1.4   Elect  Director Vern O. Curtis            For       For        Management
1.5   Elect  Director Arthur M. Friedman        For       For        Management
1.6   Elect  Director James H. Kropp            For       For        Management
1.7   Elect  Director Alan K. Pribble           For       For        Management
1.8   Elect  Director Jack D. Steele            For       For        Management
2     Approval of the Retirement Plan for       For       For        Management
      Non-Employee Directors
3     Ratify Auditors                           For       For        Management


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

PSS WORLD MEDICAL, INC.

Ticker:       PSSI           Security ID:  69366A
Meeting Date: SEP 4, 2003    Meeting Type: Annual
Record Date:  JUN 27, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management


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

RED ROBIN GOURMET BURGERS INC

Ticker:       RRGB           Security ID:  75689M101
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward T. Harvey          For       For        Management
1.2   Elect  Director Gary J. Singer            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


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

ROWAN COMPANIES, INC.

Ticker:       RDC            Security ID:  779382100
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William T. Fox III        For       For        Management
1.2   Elect  Director Sir Graham Hearne         For       For        Management
1.3   Elect  Director H. E. Lentz               For       For        Management
1.4   Elect  Director P. Dexter Peacock         For       For        Management


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

SICOR INC.

Ticker:       SCRI           Security ID:  825846
Meeting Date: JAN 16, 2004   Meeting Type: Special
Record Date:  DEC 9, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    PROPOSAL TO APPROVE AND ADOPT THE         For       For        Management
      AGREEMENT AND PLAN OF MERGER, DATED AS OF
      OCTOBER 31, 2003, AS AMENDED, BY AND
      AMONG SICOR INC., TEVA PHARMACEUTICAL
      INDUSTRIES LIMITED AND SILICON
      ACQUISITION SUB, INC., AND APPROVE THE
      MERGER CONTEMPLATED BY THE AGREEME


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

SOUTHERN UNION COMPANY

Ticker:       SUG            Security ID:  844030
Meeting Date: NOV 4, 2003    Meeting Type: Annual
Record Date:  SEP 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    PROPOSAL TO APPROVE THE SOUTHERN UNION    For       For        Management
      COMPANY 2003 STOCK AND INCENTIVE PLAN.
03    PROPOSAL TO APPROVE THE SOUTHERN UNION    For       For        Management
      COMPANY EXECUTIVE INCENTIVE BONUS PLAN.


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

SPANISH BROADCASTING SYSTEM, INC.

Ticker:       SBSA           Security ID:  846425882
Meeting Date: JUN 30, 2004   Meeting Type: Annual
Record Date:  JUN 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Raul Alarcon, Jr.          For       For        Management
1.2   Elect Director Pablo Raul Alarcon, Sr.    For       For        Management
1.3   Elect Director Dan Mason                  For       For        Management
1.4   Elect Director Jason L. Shrinsky          For       For        Management
1.5   Elect Director Antonio S. Fernandez       For       For        Management
1.6   Elect Director Jose A. Villamil           For       For        Management


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

SPECTRASITE, INC.

Ticker:       SSI            Security ID:  84761M104
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephen H. Clark          For       For        Management
1.2   Elect  Director Paul M. Albert, Jr.       For       For        Management
1.3   Elect  Director Robert Katz               For       For        Management
1.4   Elect  Director Richard Masson            For       For        Management
2     Ratify Auditors                           For       For        Management


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

SPORTS AUTHORITY, INC., THE

Ticker:       TSA            Security ID:  84917U109
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gordon D. Barker          For       For        Management
1.2   Elect  Director Mary Elizabeth Burton     For       For        Management
1.3   Elect  Director Cynthia R. Cohen          For       For        Management
1.4   Elect  Director Peter R. Formanek         For       For        Management
1.5   Elect  Director Martin E. Hanaka          For       For        Management
1.6   Elect  Director Kevin M. Mcgovern         For       For        Management
1.7   Elect  Director John Douglas Morton       For       For        Management
1.8   Elect  Director Jonathan D. Sokoloff      For       For        Management
2     Ratify Auditors                           For       For        Management


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

STATION CASINOS, INC.

Ticker:       STN            Security ID:  857689103
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lorenzo J. Fertitta       For       For        Management
1.2   Elect  Director Blake L. Sartini          For       For        Management
1.3   Elect  Director James E. Nave, D.V.M.     For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management
4     Other Business                            For       For        Management


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

TAKE-TWO INTERACTIVE SOFTWARE, INC.

Ticker:       TTWO           Security ID:  874054109
Meeting Date: JUN 17, 2004   Meeting Type: Annual
Record Date:  MAY 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard W. Roedel         For       For        Management
1.2   Elect  Director Paul Eibeler              For       For        Management
1.3   Elect  Director Oliver R. Grace, Jr.      For       For        Management
1.4   Elect  Director Robert Flug               For       For        Management
1.5   Elect  Director Todd Emmel                For       For        Management
1.6   Elect  Director Mark Lewis                For       For        Management
1.7   Elect  Director Steven Tisch              For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


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

TEKELEC

Ticker:       TKLC           Security ID:  879101103
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert V. Adams           For       For        Management
1.2   Elect  Director Jean-Claude Asscher       For       For        Management
1.3   Elect  Director Daniel L. Brenner         For       For        Management
1.4   Elect  Director Martin A. Kaplan          For       For        Management
1.5   Elect  Director Frederick M. Lax          For       For        Management
1.6   Elect  Director Jon F. Rager              For       For        Management
2     Amend Stock Option Plan                   For       Against    Management
3     Amend Omnibus Stock Plan                  For       Against    Management
4     Amend Non-Employee Director Stock Option  For       Against    Management
      Plan
5     Ratify Auditors                           For       For        Management


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

TIBCO SOFTWARE, INC.

Ticker:       TIBX           Security ID:  88632Q103
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:  FEB 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Vivek Y. Ranadive         For       For        Management
1.2   Elect  Director Naren Gupta               For       For        Management
1.3   Elect  Director Peter Job                 For       For        Management
1.4   Elect  Director William A. Owens          For       For        Management
1.5   Elect  Director Philip K. Wood            For       For        Management
1.6   Elect  Director Eric Dunn                 For       For        Management
2     Ratify Auditors                           For       For        Management


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

TRANSKARYOTIC THERAPIES, INC.

Ticker:       TKTX           Security ID:  893735100
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  APR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael J. Astrue         For       For        Management
1.2   Elect  Director Walter Gilbert            For       For        Management
1.3   Elect  Director Dennis H. Langer          For       For        Management
1.4   Elect  Director Jonathan S. Leff          For       For        Management
1.5   Elect  Director Rodman W. Moorhead, III   For       For        Management
1.6   Elect  Director Lydia Villa-Komaroff      For       For        Management
1.7   Elect  Director Wayne P. Yetter           For       For        Management
2     Ratify Auditors                           For       For        Management


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

UCBH HOLDINGS, INC.

Ticker:       UCBH           Security ID:  90262T308
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  FEB 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Anthony Y. Chan           For       For        Management
1.2   Elect  Director Joseph J. Jou             For       For        Management
1.3   Elect  Director Dr. Godwin Wong           For       For        Management
1.4   Elect  Director Thomas S. Wu              For       For        Management
2     Amend Certificate to Remove Anti-Takeover For       For        Management
      Provision
3     Ratify Auditors                           For       For        Management


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

UNITED DOMINION REALTY TRUST, INC.

Ticker:       UDR            Security ID:  910197102
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eric J. Foss              For       For        Management
1.2   Elect  Director Robert P. Freeman         For       For        Management
1.3   Elect  Director Jon A. Grove              For       For        Management
1.4   Elect  Director James D. Klingbeil        For       For        Management
1.5   Elect  Director Robert C. Larson          For       For        Management
1.6   Elect  Director Thomas R. Oliver          For       For        Management
1.7   Elect  Director Lynne B. Sagalyn          For       For        Management
1.8   Elect  Director Mark J. Sandler           For       For        Management
1.9   Elect  Director Robert W. Scharar         For       For        Management
1.10  Elect  Director Thomas W. Toomey          For       For        Management
2     Ratify Auditors                           For       For        Management


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

UNITEDGLOBALCOM, INC.

Ticker:       UCOMA          Security ID:  913247
Meeting Date: SEP 30, 2003   Meeting Type: Annual
Record Date:  AUG 4, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    APPROVAL OF UNITEDGLOBALCOM, INC. EQUITY  For       Against    Management
      INCENTIVE PLAN.


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

VALSPAR CORP., THE

Ticker:       VAL            Security ID:  920355104
Meeting Date: FEB 25, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles W. Gaillard       For       For        Management
1.2   Elect  Director Mae C. Jemison            For       For        Management
1.3   Elect  Director Gregory R. Palen          For       For        Management
1.4   Elect  Director Lawrence Perlman          For       For        Management
2     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan
3     Ratify Auditors                           For       For        Management


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

WADDELL & REED FINANCIAL, INC.

Ticker:       WDR            Security ID:  930059100
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Henry J. Herrmann         For       For        Management
1.2   Elect  Director James M. Raines           For       For        Management
1.3   Elect  Director William L. Rogers         For       For        Management


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

WESTAMERICA BANCORPORATION

Ticker:       WABC           Security ID:  957090103
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Etta Allen                For       For        Management
1.2   Elect  Director Louis Bartolini           For       For        Management
1.3   Elect  Director E. Joseph Bowler          For       For        Management
1.4   Elect  Director Arthur Latno, Jr.         For       For        Management
1.5   Elect  Director Patrick Lynch             For       For        Management
1.6   Elect  Director Catherine MacMillan       For       For        Management
1.7   Elect  Director Ronald Nelson             For       For        Management
1.8   Elect  Director Carl Otto                 For       For        Management
1.9   Elect  Director David Payne               For       For        Management
1.10  Elect  Director Edward Sylvester          For       For        Management
2     Ratify Auditors                           For       For        Management


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

WHITE ELECTRONIC DESIGNS CORP.

Ticker:       WEDC           Security ID:  963801105
Meeting Date: MAR 3, 2004    Meeting Type: Annual
Record Date:  JAN 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Norman T. Hall            For       Withhold   Management
1.2   Elect  Director Thomas M. Reahard         For       For        Management
1.3   Elect  Director Hamid R. Shokrgozar       For       For        Management
1.4   Elect  Director Thomas J. Toy             For       For        Management
1.5   Elect  Director Edward A. White           For       Withhold   Management
1.6   Elect  Director Jack A. Henry             For       For        Management
1.7   Elect  Director Paul D. Quadros           For       For        Management


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

WHITING PETROLEUM CORP.

Ticker:       WLL            Security ID:  966387102
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas L. Aller           For       For        Management
1.2   Elect  Director J.B. Ladd                 For       For        Management
2     Ratify Auditors                           For       For        Management


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

YOUNG BROADCASTING INC.

Ticker:       YBTVA          Security ID:  987434107
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bernard F. Curry          For       For        Management
1.2   Elect  Director Alfred J. Hickey, Jr.     For       For        Management
1.3   Elect  Director David C. Lee              For       For        Management
1.4   Elect  Director Leif Lomo                 For       For        Management
1.5   Elect  Director Richard C. Lowe           For       For        Management
1.6   Elect  Director Deborah A. McDermott      For       For        Management
1.7   Elect  Director James A. Morgan           For       For        Management
1.8   Elect  Director Adam Young                For       For        Management
1.9   Elect  Director Vincent J. Young          For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Approve Outside Director Stock            For       For        Management
      Awards/Options in Lieu of Cash
4     Amend Employee Stock Purchase Plan        For       For        Management
5     Ratify Auditors                           For       For        Management


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

ZALE CORPORATION

Ticker:       ZLC            Security ID:  988858
Meeting Date: NOV 6, 2003    Meeting Type: Annual
Record Date:  SEP 16, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    DIRECTOR                                  For       For        Management
02    TO APPROVE THE ZALE CORPORATION 2003      For       For        Management
      STOCK INCENTIVE PLAN.
03    TO APPROVE THE ZALE CORPORATION EXECUTIVE For       For        Management
      BONUS PLAN.
04    TO RATIFY THE APPOINTMENT OF KPMG LLP AS  For       For        Management
      THE COMPANY S INDEPENDENT PUBLIC
      ACCOUNTANTS FOR THE FISCAL YEAR ENDING
      JULY 31, 2004.




=========== SALOMON BROTHERS SERIES FUNDS INC - STRATEGIC BOND FUND ============


AIRPLANES PASS-THRU TRUST

Ticker:                      Security ID:  009451
Meeting Date: SEP 19, 2003   Meeting Type: Consent
Record Date:  AUG 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    THE PROPOSED AMENDMENTS                   For       For        Management


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

AIRPLANES PASS-THRU TRUST

Ticker:                      Security ID:  009451
Meeting Date: SEP 19, 2003   Meeting Type: Consent
Record Date:  AUG 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    THE PROPOSED AMENDMENTS                   For       For        Management


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

ALAMOSA HOLDINGS, INC.

Ticker:       APCS           Security ID:  011589207
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ray M. Clapp, Jr.         For       For        Management
1.2   Elect  Director John F. Otto, Jr.         For       For        Management
1.3   Elect  Director Jimmy R. White            For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


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

NTL INCORPORATED

Ticker:       NTLI           Security ID:  62940M104
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jeffrey D. Benjamin       For       For        Management
1.2   Elect  Director David Elstein             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Approve Share Plan Grant                  For       For        Management


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

SPECTRASITE, INC.

Ticker:       SSI            Security ID:  84761M104
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephen H. Clark          For       For        Management
1.2   Elect  Director Paul M. Albert, Jr.       For       For        Management
1.3   Elect  Director Robert Katz               For       For        Management
1.4   Elect  Director Richard Masson            For       For        Management
2     Ratify Auditors                           For       For        Management

========== END NPX REPORT
</PRE>

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.

SALOMON BROTHERS SERIES FUNDS INC

By:

/s/ R. Jay Gerken

R. Jay Gerken

Chairman, President and Chief Executive Officer of

Salomon Brothers Series Funds Inc

Date: August 26, 2004