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

                                    FORM N-PX

               ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
                          MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-08346

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

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

                               Amy Doberman, Esq.
                                Managing Director
                     Morgan Stanley Investment Advisors Inc.
                                522 Fifth Avenue
                            New York, New York 10036
                ------------------------------------------------
                     (Name and address of agent for service)

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

Date of fiscal year end: 12/31

Date of reporting period: 7/1/06 - 6/30/07



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

ICA File Number: 811-08346
Reporting Period: 07/01/2006 - 06/30/2007
Morgan Stanley Eastern Europe Fund, Inc.









=================== MORGAN STANLEY EASTERN EUROPE FUND, INC. ===================


AMREST HOLDINGS NV

Ticker:                      Security ID:  NL0000474351
Meeting Date: MAY 18, 2007   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None                 Management
2     Receive Report of Management Board        None                 Management
3     Receive Information on Financial          None                 Management
      Statements and Statutory Reports
      (non-voting)
4     Receive Information on Discharge of       None                 Management
      Management and Supervisory Boards
      (non-voting)
5     Receive Information on Allocation of      None                 Management
      Income and Dividends (non-voting)
6     Receive Announcement of the Management    None                 Management
      Board About Entering Into Cooperation
      With Starbucks Coffee International Inc.
7     Discussion of the Company's Corporate     None                 Management
      Governance Structure (non-voting)
8     Close Meeting                             None                 Management


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

AMREST HOLDINGS NV

Ticker:                      Security ID:  NL0000474351
Meeting Date: MAY 22, 2007   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     Approve Financial Statements and          For       For        Management
      Statutory Reports
4     Approve Discharge of Management and       For       For        Management
      Supervisory Boards
5     Approve Allocation of Income and          For       For        Management
      Dividends
6     Receive Announcement of the Management    None      None       Management
      Board About Entering Into Cooperation
      With Starbucks Coffee International Inc.
7     Discussion and Approval of Company's      For       Against    Management
      Corporate Governance Structure
8     Close Meeting                             None      None       Management


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

AMREST HOLDINGS NV

Ticker:                      Security ID:  NL0000474351
Meeting Date: JUN 26, 2007   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Discuss Merger of Amrest Acquisition      None      Did Not    Management
      Subsidiary Inc. With US Strategies Inc.             Vote
3     Discuss the Issuance of Shares in         None      Did Not    Management
      Connection with Acquisition of US                   Vote
      Strategies Inc.
4     Discusss the Amendment of Articles to     None      Did Not    Management
      Increase the Authorized Capital                     Vote
5     Close Meeting                             None      Did Not    Management
                                                          Vote


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

AMREST HOLDINGS NV

Ticker:                      Security ID:  NL0000474351
Meeting Date: JUN 28, 2007   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Merger of Amrest Acquisition      For       Against    Management
      Subsidiary Inc. with US Strategies Inc.
3     Issue Shares in Connection with           For       Against    Management
      Acquisition of US Strategies
4     Amend Articles to Increase the Authorized For       For        Management
      Capital
5     Close Meeting                             None      None       Management


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

BALTIKA BREWERY

Ticker:       PKBA           Security ID:  RU0009107684
Meeting Date: JUL 12, 2006   Meeting Type: Special
Record Date:  MAY 25, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
2     Amend Charter Re: Reduction in Share      For       For        Management
      Capital Proposed under Item 1


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

BALTIKA BREWERY

Ticker:       PKBA           Security ID:  RU0009107684
Meeting Date: OCT 3, 2006    Meeting Type: Special
Record Date:  AUG 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Charter of OJSC Baltika Brewery in  For       For        Management
      Connection with Acquisition of OJSC
      Yarpivo


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

BALTIKA BREWERY

Ticker:       PKBA           Security ID:  RU0009107684
Meeting Date: OCT 3, 2006    Meeting Type: Special
Record Date:  AUG 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Charter of OJSC Baltika Brewery in  For       Did Not    Management
      Connection with Acquisition of OJSC Pikra           Vote


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

BALTIKA BREWERY

Ticker:       PKBA           Security ID:  RU0009107684
Meeting Date: OCT 3, 2006    Meeting Type: Special
Record Date:  AUG 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Charter of OJSC Baltika Brewery in  For       Did Not    Management
      Connection with Acquisition of OJSC Vena            Vote


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

BALTIKA BREWERY

Ticker:       PKBA           Security ID:  RU0009107684
Meeting Date: OCT 4, 2006    Meeting Type: Special
Record Date:  AUG 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Charter Regarding the Merger in the For       For        Management
      Form of Joining JSC Yarpivo, JSC Pikra,
      JSC VENA and JSC Baltika-Don to the JSC
      Baltika Brewery Co


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

BALTIKA BREWERY

Ticker:       PKBA           Security ID:  RU0009107684
Meeting Date: NOV 22, 2006   Meeting Type: Special
Record Date:  OCT 16, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Charter                             For       Against    Management
2     Amend Internal Regulations                For       For        Management


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

BANK HANDLOWY W WARSZAWIE SA

Ticker:                      Security ID:  PLBH00000012
Meeting Date: MAR 20, 2007   Meeting Type: Special
Record Date:  MAR 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6.1   Recall Rupert Hubbard from Supervisory    For       Did Not    Management
      Board                                               Vote
6.2   Elect Supervisory Board Member            For       Did Not    Management
                                                          Vote
7     Close Meeting                             None      Did Not    Management
                                                          Vote


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

BANK HANDLOWY W WARSZAWIE SA

Ticker:                      Security ID:  PLBH00000012
Meeting Date: JUN 21, 2007   Meeting Type: Annual
Record Date:  JUN 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6.1   Approve Financial Statements and          For       Did Not    Management
      Management Board Report on Company's                Vote
      Operations in Fiscal 2006
6.2   Approve Supervisory Report on Company's   For       Did Not    Management
      and Group's Operations in 2006, and                 Vote
      Management Board's Income Allocation
      Proposal
6.3   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
6.4   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
6.5   Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
6.6   Approve Consolidated Financial Statements For       Did Not    Management
      and  Report on Group's Operations in 2006           Vote
6.7   Amend Statute                             For       Did Not    Management
                                                          Vote
6.8   Accept Company's Annual Statement to      For       Did Not    Management
      Warsaw Stock Exchange Re: Compliance with           Vote
      'Best Practices in Public Companies in
      2005'
6.9   Approve Changes to Supervisory Board      For       Did Not    Management
                                                          Vote
7     Close Meeting                             None      Did Not    Management
                                                          Vote


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BANK MILLENNIUM SA  (FRMLY BANK MILLENNIUM SPOLKA AKCYJNA)

Ticker:                      Security ID:  PLBIG0000016
Meeting Date: MAR 26, 2007   Meeting Type: Annual
Record Date:  MAR 16, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Information about Voting Rules    None      Did Not    Management
                                                          Vote
3     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
7     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
8     Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
9     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
10    Decide on Allocation of Undistributed     For       Did Not    Management
      Profit (as Result of Changes in                     Vote
      Accounting Principles)
11    Approve Allocation of Income              For       Did Not    Management
                                                          Vote
12    Close Meeting                             None      Did Not    Management
                                                          Vote


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

BANK POLSKA KASA OPIEKI SA (PEKAO)

Ticker:                      Security ID:  PLPEKAO00016
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  APR 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Receive Management Board Report on        None      Did Not    Management
      Company's Operations in 2006                        Vote
7     Receive Financial Statements              None      Did Not    Management
                                                          Vote
8     Receive Management Board Report on        None      Did Not    Management
      Operations of Bank's Capital Group in               Vote
      2006
9     Receive Consolidated Financial Statements None      Did Not    Management
                                                          Vote
10    Receive Management Board's Proposal on    None      Did Not    Management
      Allocation of Income                                Vote
11    Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
12.1  Approve Management Board Report on        For       Did Not    Management
      Company's Operations in 2006                        Vote
12.2  Approve Financial Statements              For       Did Not    Management
                                                          Vote
12.3  Approve Management Board Report on        For       Did Not    Management
      Operations of Bank's Capital Group in               Vote
      2006
12.4  Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
12.5  Approve Allocation of Income              For       Did Not    Management
                                                          Vote
12.6  Approve Report on Supervisory Board's     For       Did Not    Management
      Activities in 2006                                  Vote
12.7  Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
12.8  Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
13    Ratify Auditor for Fiscal Years 2007-2009 For       Did Not    Management
                                                          Vote
14    Transact Other Business (Voting)          For       Did Not    Management
                                                          Vote
15    Close Meeting                             None      Did Not    Management
                                                          Vote


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

BANK POLSKA KASA OPIEKI SA (PEKAO)

Ticker:                      Security ID:  PLPEKAO00016
Meeting Date: APR 27, 2007   Meeting Type: Special
Record Date:  APR 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Approve Integration of Company with Bank  For       Did Not    Management
      BPH S.A. via Transferring of Some of Bank           Vote
      BPH S.A.'s Assets under Company's
      Ownership; Amend Company Statute
7     Approve Allocation of Funds from Reserve  For       Did Not    Management
      Capital to Brokerage Activities Fund                Vote
8     Transact Other Business (Voting)          For       Did Not    Management
                                                          Vote
9     Close Meeting                             None      Did Not    Management
                                                          Vote


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

BUDIMEX  SA

Ticker:                      Security ID:  PLBUDMX00013
Meeting Date: JUN 14, 2007   Meeting Type: Annual
Record Date:  JUN 6, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Receive Financial Statements and          None      Did Not    Management
      Management Board Report on Company's                Vote
      Operations in 2006
6     Receive Consolidated Financial Statements None      Did Not    Management
      and Management Board Report on Group's              Vote
      Operations in 2006
7     Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
8.1   Approve Financial Statements and          For       Did Not    Management
      Management Board Report on Company's                Vote
      Operations in 2006
8.2   Approve Consolidated Financial Statements For       Did Not    Management
      and Management Board Report on Group's              Vote
      Operations in 2006
8.3   Approve Covering of 2006 Losses           For       Did Not    Management
                                                          Vote
8.4   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
8.5   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
9     Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
10    Receive Information on Scope of Details   None      Did Not    Management
      Provided to State Treasury Regarding                Vote
      Administration of Company's Fixed Assets
11    Close Meeting                             None      Did Not    Management
                                                          Vote


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

CENTRAL EUROPEAN MEDIA ENTERPRISES LTD

Ticker:       CETV           Security ID:  BMG200452024
Meeting Date: JUN 5, 2007    Meeting Type: Annual
Record Date:  APR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Ronald S. Lauder as Director        For       For        Management
1.2   Elect Herbert A. Granath as Director      For       For        Management
1.3   Elect Michael Garin as Director           For       For        Management
1.4   Elect Frank Ehmer as Director             For       For        Management
1.5   Elect Charles R. Frank, Jr. as Director   For       For        Management
1.6   Elect Herbert Kloiber as Director         For       Against    Management
1.7   Elect Alfred W. Langer as Director        For       For        Management
1.8   Elect Bruce Maggin as Director            For       For        Management
1.9   Elect Ann Mather as Director              For       For        Management
1.10  Elect Christian Stahl as Director         For       For        Management
1.11  Elect Eric Zinterhofer as Director        For       Against    Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports (Voting)
3     Approve A Deloitte & Touche LLP as        For       For        Management
      uditors and Authorize Audit Committee to
      Fix Their Remuneration


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

CEZ A.S.

Ticker:       BAACEZ         Security ID:  CZ0005112300
Meeting Date: APR 23, 2007   Meeting Type: Annual
Record Date:  APR 17, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Elect Chairman and Other    For       Did Not    Management
      Meeting Officials; Approve Procedural               Vote
      Rules
2     Accept Report on Operations in 2006       For       Did Not    Management
                                                          Vote
3     Accept Supervisory Board Report           For       Did Not    Management
                                                          Vote
4     Approve Liquidation of Social Fund and    For       Did Not    Management
      Rewards Fund                                        Vote
5     Amend Statute                             For       Did Not    Management
                                                          Vote
6     Accept Financial Statements and Statutory For       Did Not    Management
      Reports; Accept Consolidated Financial              Vote
      Statements and Statutory Reports
7     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
8     Approve Renewal of System of Management   For       Did Not    Management
      Control in Power Plant Dukovany ? Modules           Vote
      M3-M5
9     Decide on Volume of Company's Sponsorship For       Did Not    Management
      Funds                                               Vote
10    Approve Share Repurchase Program          For       Did Not    Management
                                                          Vote
11    Approve Changes to Composition of         For       Did Not    Management
      Supervisory Board                                   Vote
12    Approve Contracts and Related Benefits    For       Did Not    Management
                                                          Vote
13    Close Meeting                             None      Did Not    Management
                                                          Vote


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

CTC MEDIA INC

Ticker:       CTCM           Security ID:  US12642X1063
Meeting Date: MAY 16, 2007   Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Vagan Abgaryan             For       For        Management
1.2   Elect Director Kaj Gradevick              For       For        Management
1.3   Elect Director Werner Klatten             For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management


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

CTC MEDIA INC

Ticker:       CTCM           Security ID:  US12642X1063
Meeting Date: MAY 16, 2007   Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Vagan Abgaryan             For       For        Management
1.2   Elect Director Kaj Gradevik               For       For        Management
1.3   Elect Director Werner Klatten             For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management


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

EFES BREWERIES INTERNATIONAL N.V.

Ticker:       EFESYP2        Security ID:  US26843E1055
Meeting Date: MAY 11, 2007   Meeting Type: Annual
Record Date:  APR 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3     Approve Financial Statements and          For       For        Management
      Statutory Reports
4     Approve Allocation of Income              For       For        Management
5     Approve Discharge of Management Board     For       For        Management
6     Approve Discharge of Supervisory Board    For       For        Management
7     Elect Tuncai Ozilhan to Supervisory Board For       For        Management
8     Approve Remuneration of Supervisory Board For       Abstain    Management
9     Approve Company's Corporate Governance    For       Against    Management
      Structure
10    Close Meeting                             None      None       Management


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

EFES BREWERIES INTERNATIONAL N.V.

Ticker:       EFESYP2        Security ID:  US26843E2046
Meeting Date: MAY 11, 2007   Meeting Type: Annual
Record Date:  APR 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3     Approve Financial Statements and          For       For        Management
      Statutory Reports
4     Approve Allocation of Income              For       For        Management
5     Approve Discharge of Management Board     For       For        Management
6     Approve Discharge of Supervisory Board    For       For        Management
7     Elect Tuncai Ozilhan to Supervisory Board For       For        Management
8     Approve Remuneration of Supervisory Board For       Abstain    Management
9     Approve Company's Corporate Governance    For       Against    Management
      Structure
10    Close Meeting                             None      None       Management


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

EFES BREWERIES INTL N V

Ticker:       EFESYP2        Security ID:  US26843E2046
Meeting Date: JUL 28, 2006   Meeting Type: Special
Record Date:  JUL 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting and Announcements            None      None       Management
2     Dismiss Gerard Jan van Spall from his     For       For        Management
      Duties as a Member of  the Management
      Board
3     Elect Carlo P.M. Roloefs to Management    For       Against    Management
      Board
4     Approve Remuneration of Supervisory Board For       For        Management
      Applicable from January 1, 2006
5     Close Meeting                             None      None       Management


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

EFES BREWERIES INTL N V

Ticker:       EFESYP2        Security ID:  US26843E2046
Meeting Date: JUL 28, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting and Announcements            Against   Against    Management
2     Dismiss Gerard Jan van Spall from his     For       For        Management
      Duties as a Member of  the Management
      Board
3     Elect Carlo P.M. Roloefs to Management    For       Against    Management
      Board
4     Approve Remuneration of Supervisory Board For       For        Management
      Applicable from January 1, 2006
5     Close Meeting                             Against   Against    Management


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

EFES BREWERIES INTL N V

Ticker:       EFESYP2        Security ID:  US26843E1055
Meeting Date: MAR 6, 2007    Meeting Type: Special
Record Date:  FEB 16, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting and Announcements            None      None       Management
2     Dismiss Ahmet Boyacioglu from his Duties  For       For        Management
      as a Member of the Management Board
3     Elect Alejandro Jimenez to Management     For       For        Management
      Board
4     Close Meeting                             None      None       Management


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

EFES BREWERIES INTL N V

Ticker:       EFESYP2        Security ID:  US26843E2046
Meeting Date: MAR 6, 2007    Meeting Type: Special
Record Date:  FEB 16, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting and Announcements            None      None       Management
2     Dismiss Ahmet Boyacioglu from his Duties  For       For        Management
      as a Member of the Management Board
3     Elect Alejandro Jimenez to Management     For       For        Management
      Board
4     Close Meeting                             None      None       Management


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

EVRAZ GROUP S A

Ticker:       EVGPF          Security ID:  US30050A2024
Meeting Date: JUN 20, 2007   Meeting Type: Annual
Record Date:  MAY 29, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Reports of the Board of Directors For       For        Management
      and of the Statutory Auditor for the Year
      Ending on Dec. 31, 2006
2     Approve Financial Statements and          For       For        Management
      Allocation of Income for as of Dec. 31,
      2006
3     Approve Reports of the Board of Directors For       For        Management
      and of the External Auditor on the
      Consolidated Financial Statements on Dec.
      31, 2005 and Dec. 31, 2006
4     Accept Consolidated Financial Statements  For       For        Management
      for the Years Ending on Dec. 31, 2005 and
      Dec. 31, 2006
5     Approve Discharge of Directors and        For       For        Management
      Auditors
6     Statutory Elections                       For       For        Management
7     Allow Board to Delegate Daily Management  For       For        Management
      of the Company and to Appoint Mr.
      Alexander V. Frolov as Managing Director
      of the Company
8     Transact Other Business (Voting)          For       Against    Management


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

FOTEX RT

Ticker:                      Security ID:  HU0000075189
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  APR 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board of Directors Report          For       Did Not    Management
      Regarding Company's Business Operations             Vote
      in 2006
2     Accept Board of Directors Report on       For       Did Not    Management
      Corporate Governance                                Vote
3     Accept Audit Committee's Report           For       Did Not    Management
                                                          Vote
4     Accept Auditor's Report                   For       Did Not    Management
                                                          Vote
5     Accept Financial Statements and Statutory For       Did Not    Management
      Reports; Accept Consolidated Financial              Vote
      Statements and Statutory Reports; Approve
      Allocation of Income
6     Amend Articles of Association             For       Did Not    Management
                                                          Vote
7     Approve Terms of Remuneration and         For       Did Not    Management
      Incentive Program for Company's                     Vote
      Executives and Top Managers
8     Elect Members of Board of Directors       For       Did Not    Management
                                                          Vote
9     Elect Members of Audit Committee          For       Did Not    Management
                                                          Vote
10    Ratify Auditor                            For       Did Not    Management
                                                          Vote
11    Approve Remuneration of Members of Board  For       Did Not    Management
      of Directors and Supervisory Board;                 Vote
      Approve Auditor's Remuneration


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

GAZPROM OAO

Ticker:       OGZRY          Security ID:  US3682872078
Meeting Date: JUN 29, 2007   Meeting Type: Annual
Record Date:  JUN 6, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report                     For       For        Management
2     Approve Financial Statements              For       For        Management
3     Approve Allocation of Income              For       For        Management
4     Approve Dividends of RUB 2.54 per         For       For        Management
      Ordinary Share
5     Approve Remuneration of Directors and     For       Against    Management
      Members of Audit Commission
6     Ratify CJSC PricewaterhouseCoopers Audit  For       For        Management
      as Auditor
7     Amend Charter                             For       For        Management
8     Approve Series of Related-Party           For       For        Management
      Transactions in Connection with
      Implementation of Nord Stream Project
9.1   Approve Related-Party Transaction with    For       For        Management
      CJSC AB Gazprombank
9.2   Approve Related-Party Transaction with    For       For        Management
      Sberbank
9.3   Approve Related-Party Transaction with    For       For        Management
      CJSC AB Gazprombank
9.4   Approve Related-Party Transaction with    For       For        Management
      Sberbank
9.5   Approve Related-Party Transaction with    For       For        Management
      CJSC AB Gazprombank
9.6   Approve Related-Party Transaction with    For       For        Management
      CJSC AB Gazprombank
9.7   Approve Related-Party Transaction with    For       For        Management
      Sberbank
9.8   Approve Related-Party Transaction with    For       For        Management
      CJSC AB Gazprombank
9.9   Approve Related-Party Transaction with    For       For        Management
      CJSC AB Gazprombank
9.10  Approve Related-Party Transaction with    For       For        Management
      CJSC AB Gazprombank
9.11  Approve Related-Party Transaction with    For       For        Management
      Sberbank
9.12  Approve Related-Party Transaction with    For       For        Management
      CJSC AB Gazprombank
9.13  Approve Related-Party Transaction with    For       For        Management
      OJSC Severneftegazprom
9.14  Approve Related-Party Transaction with    For       For        Management
      OJSC Severneftegazprom
9.15  Approve Related-Party Transaction with    For       For        Management
      Mezhregiongaz LLC
9.16  Approve Related-Party Transaction with    For       For        Management
      Mezhregiongaz LLC
9.17  Approve Related-Party Transaction with    For       For        Management
      Mezhregiongaz LLC
9.18  Approve Related-Party Transaction with    For       For        Management
      CJSC Northgas
9.19  Approve Related-Party Transaction with    For       For        Management
      OJSC Novatek
9.20  Approve Related-Party Transaction with    For       For        Management
      OJSC Tomskgazprom
9.21  Approve Related-Party Transaction with    For       For        Management
      Mezhregiongaz LLC
9.22  Approve Related-Party Transaction with    For       For        Management
      OJSC Gazprom Neft
9.23  Approve Related-Party Transaction with    For       For        Management
      OJSC Novatek
9.24  Approve Related-Party Transaction with    For       For        Management
      OJSC Novatek
9.25  Approve Related-Party Transaction with    For       For        Management
      Latvijas Gaze a/s
9.26  Approve Related-Party Transaction with AB For       For        Management
      Lietuvos dujos
9.27  Approve Related-Party Transaction with    For       For        Management
      UAB Kauno Termofikacijos Elektrine
9.28  Approve Related-Party Transaction with    For       For        Management
      MoldovaGaz S.A.
9.29  Approve Related-Party Transaction with    For       For        Management
      MoldovaGaz S.A.
10.1  Elect Andrey Akimov as Director           None      Against    Management
10.2  Elect Alexander Ananenkov as Director     For       Against    Management
10.3  Elect Burckhard Bergmann as Director      None      Against    Management
10.4  Elect Farit Gazizullin as Director        None      Against    Management
10.5  Elect German Gref as Director             None      Against    Management
10.6  Elect Elena Karpel as Director            For       Against    Management
10.7  Elect Dmitry Medvedev as Director         None      Against    Management
10.8  Elect Yury Medvedev as Director           None      Against    Management
10.9  Elect Alexey Miller as Director           For       Against    Management
10.10 Elect Victor Nikolaev as Director         None      Against    Management
10.11 Elect Sergey Oganesyan as Director        None      Against    Management
10.12 Elect Alexander Potyomkin as Director     None      Against    Management
10.13 Elect Mikhail Sereda as Director          For       Against    Management
10.14 Elect Boris Fedorov as Director           None      For        Management
10.15 Elect Robert Foresman as Director         None      Against    Management
10.16 Elect Victor Khristenko as Director       None      Against    Management
10.17 Elect Alexander Shokhin as Director       None      Against    Management
10.18 Elect Igor Yusufov as Director            None      Against    Management
10.19 Elect Evgeny Yasin as Director            None      Against    Management
11.1  Elect Dmitry Arkhipov as Member of Audit  For       For        Management
      Commission
11.2  Elect Denis Askinadze as Member of Audit  For       Against    Management
      Commission
11.3  Elect Vadim Bikulov as Member of Audit    For       For        Management
      Commission
11.4  Elect Rafael Ishutin as Member of Audit   For       For        Management
      Commission
11.5  Elect Andrey Kobzev as Member of Audit    For       Against    Management
      Commission
11.6  Elect Nina Lobanova as Member of Audit    For       For        Management
      Commission
11.7  Elect Yury Nosov as Member of Audit       For       Against    Management
      Commission
11.8  Elect Victoria Oseledko as Member of      For       Against    Management
      Audit Commission
11.9  Elect Vladislav Sinyov as Member of Audit For       For        Management
      Commission
11.10 Elect Andrey Fomin as Member of Audit     For       Against    Management
      Commission
11.11 Elect Yury Shubin as Member of Audit      For       Against    Management
      Commission


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

HALYK SAVINGS BANK OF KAZAKHSTAN OJSC

Ticker:                      Security ID:  US46627J2033
Meeting Date: APR 23, 2007   Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements               For       For        Management
2     Approve Allocation of Income and          For       For        Management
      Dividends of KZT 2.50 per Common Share
      and KZT 1.6 Billion in Aggregate on
      Preferred Shares and Preferred Shares
      Convertible into Common Shares
3     Fix Number of Directors at Eight          For       For        Management
4     Amend Charter; Authorize Tatyana          For       For        Management
      Maryasova to Sign Approved Amendments
5.1a  Elect Gavyn Arthur as Director            For       For        Management
5.1b  Elect Christof Ruehl as Director          For       For        Management
5.1c  Elect Askar Yelemessov as Director        For       For        Management
5.2   Determine Term of Office of New Directors For       For        Management
6     Amend Company's Corporate Governance Code For       For        Management
7     Amend Regulations on Board of Directors   For       For        Management
8     Fix Number of Members of Counting Board;  For       For        Management
      Determine Their Term of Office


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

KALINA CONCERN

Ticker:                      Security ID:  RU0007247243
Meeting Date: AUG 11, 2006   Meeting Type: Special
Record Date:  JUN 22, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Dividends for First Half of       For       For        Management
      Fiscal 2006
2     Amend Charter                             For       Against    Management
3     Approve Regulations on General Meetings   For       Against    Management
      in New Edition


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

KALINA CONCERN

Ticker:                      Security ID:  US6781281091
Meeting Date: AUG 11, 2006   Meeting Type: Special
Record Date:  JUL 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     DIVIDEND PAYMENT ACCORDING TO THE SECOND  For       For        Management
      HALF OF THE YEAR 2006 IN THE AMOUNT OF 9
      (NINE) RUBLES AND 24 (TWENTY FOUR)
      KOPECKS PER ONE COMMON SHARE. APPROVAL OF
      ITS SUM, WAY AND TERMS OF PAYMENT.
2     APPROVAL OF THE CHARTER JSC CONCERN       For       Against    Management
      KALINA  IN A NEW EDITION.
3     APPROVAL OF THE BY-LAW  ON GENERAL        For       Against    Management
      MEETING OF SHAREHOLDERS JSC CONCERN
      KALINA  IN A NEW EDITION.


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

KRKA DD

Ticker:                      Security ID:  SI0031102120
Meeting Date: JUL 6, 2006    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Elect Meeting Chairman and  For       For        Management
      Other Meeting Officials
2.1   Approve Annual Report and Supervisory     For       For        Management
      Board Report
2.2   Approve Allocation of Income and          For       For        Management
      Dividends of SIT 1,650 Per Share
2.3   Approve Discharge of Management and       For       For        Management
      Supervisory Boards
3     Ratify KPMG Slovenija as Auditor          For       For        Management
4     Accept International Financial Reporting  For       For        Management
      Standards as Official Accounting
      Standards for Preparing Company's
      Financial Statements
5     Approve Remuneration of Supervisory Board For       For        Management
      Members


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

LEBEDYANSKY JSC

Ticker:                      Security ID:  RU000A0D8G13
Meeting Date: JUN 20, 2007   Meeting Type: Annual
Record Date:  MAY 1, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Members of Counting         For       For        Management
      Commission; Elect Zinaida Peregudova,
      Olga Protasova, and Nadezhda Cladkikh as
      Members of Counting Commission
2     Approve Annual Report and Financial       For       For        Management
      Statements
3     Approve Allocation of Income and          For       For        Management
      Dividends of RUB 28.42 Per Share
4     Approve Remuneration of Directors         For       For        Management
5     Fix Number of Directors                   For       For        Management
6.1   Elect Olga Belyavtseva as Director        None      Against    Management
6.2   Elect Yury Bortsov as Director            None      Against    Management
6.3   Elect Konstantin Voloshin as Director     None      Against    Management
6.4   Elect Dmitry Glavnov as Director          None      Against    Management
6.5   Elect Alexander Kobzev as Director        None      Against    Management
6.6   Elect Sergey Konev as Director            None      Against    Management
6.7   Elect Galina Lozhkova as Director         None      Against    Management
6.8   Elect Vladislav Sazanov as Director       None      Against    Management
6.9   Elect Magomet Tavkazakov as Director      None      Against    Management
6.10  Elect Dmitry Fadeev as Director           None      Against    Management
6.11  Elect David Kearn as Director             None      For        Management
7.1   Elect Irina Zyuzina as Member of Audit    For       For        Management
      Commission
7.2   Elect Lyudmila Sladkova as Member of      For       For        Management
      Audit Commission
7.3   Elect Denis Shchedrin as Member of Audit  For       For        Management
      Commission
8     Ratify Finekspertiza as Auditor           For       For        Management
9     Approve Revised Edition of Charter        For       Against    Management


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

LUKOIL OAO

Ticker:       LKOH           Security ID:  US6778621044
Meeting Date: JUN 28, 2007   Meeting Type: Annual
Record Date:  MAY 11, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report, Financial          For       None       Management
      Statements, and Allocation of Income,
      Including Dividends of RUB 38 per
      Ordinary Share
2.1   Elect Vagit Alekperov as Director         None      None       Management
2.2   Elect Igor Belikov as Director            None      Against    Management
2.3   Elect Mikhail Berezhnoy as Director       None      For        Management
2.4   Elect Donald Wallette (Jr.) as Director   None      Against    Management
2.5   Elect Valery Grayfer as Director          None      Against    Management
2.6   Elect Oleg Kutafin as Director            None      Against    Management
2.7   Elect Ravil Maganov as Director           None      For        Management
2.8   Elect Richard Matzke as Director          None      Against    Management
2.9   Elect Sergey Mikhailov as Director        None      For        Management
2.10  Elect Nikolay Tsvetkov as Director        None      For        Management
2.11  Elect Igor Sherkunov as Director          None      Against    Management
2.12  Elect Alexander Shokhin as Director       None      Against    Management
3.1   Elect Ludmila Bulavina as Member of Audit For       None       Management
      Commission
3.2   Elect Pavel Kondratiev as Member of Audit For       For        Management
      Commission
3.3   Elect Vladimir Nikitenko as Member of     For       For        Management
      Audit Commission
4.1   Approve Remuneration of Directors and     For       For        Management
      Members of Audit Commission
4.2   Approve Remuneration of Newly Elected     For       For        Management
      Directors and Members of Audit
      Commission; Cancel Previous Resolutions
5     Ratify CJSC KPMG as Auditor               For       For        Management
6     Determine Quantity, Par Value, Type, and  For       For        Management
      Rights of Company Shares
7     Amend Charter                             For       For        Management
8     Amend Regulations on General Meetings     For       For        Management
9.1   Approve Related-Party Transaction with    For       For        Management
      Lukoil-Volgogradneftepererabotka LLC Re:
      Supplemental Agreement to Jan. 10, 2006,
      Loan Contract
9.2   Approve Related-Party Transaction with    For       For        Management
      Lukoil-Volgogradneftepererabotka LLC Re:
      Supplemental Agreement to June 29, 2006,
      Oil Supply Contract
9.3   Approve Related-Party Transaction with    For       For        Management
      Naryanmarneftegaz Re: Shareholder Loan
      Agreement
9.4   Approve Related-Party Transaction with    For       For        Management
      Naryanmarneftegaz Re: Shareholder Loan
      Agreement
9.5   Approve Related-Party Transaction with    For       For        Management
      OJSC Capital Strakhovanie Re: Liability
      Insurance for Directors, Officers, and
      Corporations
10    Approve Membership in Russian National    For       For        Management
      Association SWIFT


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

MAGNIT OAO

Ticker:                      Security ID:  RU000A0JKQU8
Meeting Date: JAN 15, 2007   Meeting Type: Special
Record Date:  NOV 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Value of Transaction to Be        For       For        Management
      Approved in Accordance with Art. 83,
      Point 7 of Russian Federal Law on Joint
      Stock Companies
2     Approve Related-Party Transaction         For       For        Management


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

MAGNIT OAO

Ticker:                      Security ID:  RU000A0JKQU8
Meeting Date: JUN 28, 2007   Meeting Type: Annual
Record Date:  MAY 21, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report, Financial          For       For        Management
      Statements, and Allocation of Income,
      Including Omission of Dividends on
      Ordinary Shares
2.1   Elect Andrey Arutyunian as Director       None      For        Management
2.2   Elect Mattias Westman as Director         None      For        Management
2.3   Elect Sergey Galitsky as Director         None      For        Management
2.4   Elect Vladimir Gordeichuk as Director     None      For        Management
2.5   Elect Alexander Prisyazhnyuk as Director  None      For        Management
2.6   Elect Alexander Chalikov as Director      None      For        Management
2.7   Elect Dmitry Chenikov as Director         None      For        Management
3.1   Elect Valery Butenko as Member of Audit   For       For        Management
      Commission
3.2   Elect Angela Udovichenko as Member of     For       For        Management
      Audit Commission
3.3   Elect Denis Fedotov as Member of Audit    For       For        Management
      Commission
4     Ratify Auditor                            For       For        Management
5     Ratify CJSC Deloitte & Touche CIS as      For       For        Management
      Auditor to Audit Company's Financial
      Statements Prepared in Accordance with
      International Financial Reporting
      Standards
6.1   Elect Oleg Peshkov as Member of Counting  For       For        Management
      Commission
6.2   Elect Ekaterina Kister as Member of       For       For        Management
      Counting Commission
6.3   Elect Alexander Bykanov as Member of      For       For        Management
      Counting Commission
7     Approve Related-Party Transaction         For       For        Management
8     Amend Company's Internal Documents        For       Against    Management


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

MECHEL STEEL GROUP OAO

Ticker:       MTL            Security ID:  US5838401033
Meeting Date: JUN 29, 2007   Meeting Type: Annual
Record Date:  MAY 29, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO APPROVE THE ANNUAL REPORT OF MECHEL    For       For        Management
      OPEN JOINT STOCK COMPANY FOR 2006
2     TO APPROVE THE ANNUAL FINANCIAL           For       For        Management
      STATEMENTS INCLUSIVE OF THE INCOME
      STATEMENT (PROFIT AND LOSS ACCOUNT) OF
      THE COMPANY FOR 2006
3     TO APPROVE DISTRIBUTION OF THE COMPANY S  For       For        Management
      PROFIT, INCLUDING PAYMENT (DECLARATION)
      OF DIVIDEND, BASED ON THE FINANCIAL YEAR
      RESULTS
4     ELECTION OF THE MEMBER OF THE BOARD OF    None      For        Management
      DIRECTORS OF MECHEL OPEN JOINT STOCK
      COMPANY: A. DAVID JOHNSON
5     ELECTION OF THE MEMBER OF THE BOARD OF    None      Abstain    Management
      DIRECTORS OF MECHEL OPEN JOINT STOCK
      COMPANY: ALEX POLEVOY
6     ELECTION OF THE MEMBER OF THE BOARD OF    None      For        Management
      DIRECTORS OF MECHEL OPEN JOINT STOCK
      COMPANY: ALEXANDER E. YEVTUSHENKO
7     ELECTION OF THE MEMBER OF THE BOARD OF    None      Abstain    Management
      DIRECTORS OF MECHEL OPEN JOINT STOCK
      COMPANY: IGOR V. ZYUZIN
8     ELECTION OF THE MEMBER OF THE BOARD OF    None      Abstain    Management
      DIRECTORS OF MECHEL OPEN JOINT STOCK
      COMPANY: ALEXEY G. IVANUSHKIN
9     ELECTION OF THE MEMBER OF THE BOARD OF    None      For        Management
      DIRECTORS OF MECHEL OPEN JOINT STOCK
      COMPANY: SERAFIM V. KOLPAKOV
10    ELECTION OF THE MEMBER OF THE BOARD OF    None      Abstain    Management
      DIRECTORS OF MECHEL OPEN JOINT STOCK
      COMPANY: VLADIMIR A. POLIN
11    ELECTION OF THE MEMBER OF THE BOARD OF    None      For        Management
      DIRECTORS OF MECHEL OPEN JOINT STOCK
      COMPANY: VALENTIN V. PROSKURNYA
12    ELECTION OF THE MEMBER OF THE BOARD OF    None      For        Management
      DIRECTORS OF MECHEL OPEN JOINT STOCK
      COMPANY: ROGER I. GALE
13    ELECTION OF THE PERSON TO MEMBERS OF THE  For       For        Management
      AUDIT COMMISSION OF MECHEL OPEN JOINT
      STOCK COMPANY: YAROSLAV A. MARKOV
14    ELECTION OF THE PERSON TO MEMBERS OF THE  For       For        Management
      AUDIT COMMISSION OF MECHEL OPEN JOINT
      STOCK COMPANY: NATALYA G. MIKHAYLOVA
15    ELECTION OF THE PERSON TO MEMBERS OF THE  For       For        Management
      AUDIT COMMISSION OF MECHEL OPEN JOINT
      STOCK COMPANY: LYUDMILA E. RADISHEVSKAYA
16    APPROVAL OF THE CLOSED JOINT STOCK        For       For        Management
      COMPANY, BDO UNICON, TO BE THE AUDITOR OF
      THE COMPANY


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

MMC NORILSK NICKEL

Ticker:                      Security ID:  US46626D1081
Meeting Date: NOV 24, 2006   Meeting Type: Special
Record Date:  OCT 5, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Dividends of RUB 56 Per Ordinary  For       For        Management
      Share


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

MMC NORILSK NICKEL

Ticker:                      Security ID:  US46626D1081
Meeting Date: JUN 28, 2007   Meeting Type: Annual
Record Date:  MAY 15, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report, Financial          For       For        Management
      Statements, and Allocation of Income
2     Approve Dividends of RUB 176 per Ordinary For       For        Management
      Share, Including Special Dividends of RUB
      56 for First Nine Months of Fiscal 2006
      Approved at Company's Nov. 24, 2006, EGM
3.1   Elect Andrey Bugrov as Director           For       Abstain    Management
3.2   Elect Guy de Selliers as Director         For       For        Management
3.3   Elect Vladimir Dolgikh as Director        For       Abstain    Management
3.4   Elect Andrey Klishas as Director          For       Abstain    Management
3.5   Elect Ralph Morgan as Director            For       Abstain    Management
3.6   Elect Denis Morozov as Director           For       Abstain    Management
3.7   Elect Kirill Parinov as Director          None      Abstain    Management
3.8   Elect Vladimir Potanin as Director        None      Abstain    Management
3.9   Elect Ekaterina Salnikova as Director     For       Abstain    Management
3.10  Elect Kirill Ugolnikov as Director        For       Abstain    Management
3.11  Elect Heinz Schimmelbusch as Director     For       For        Management
4.1   Elect Julia Basova as Member of Audit     For       For        Management
      Commission
4.2   Elect Vadim Meshcheryakov as Member of    For       For        Management
      Audit Commission
4.3   Elect Nikolay Morozov as Member of Audit  For       For        Management
      Commission
4.4   Elect Olga Rompel as Member of Audit      For       For        Management
      Commission
4.5   Elect Olesya Firsik as Member of Audit    For       For        Management
      Commission
5     Ratify Rosexpertiza LLC as Auditor        For       For        Management
6     Approve Remuneration of Directors         For       For        Management
7     Approve Price of Liability Insurance for  For       For        Management
      Directors and Executives
8     Approve Related-Party Transaction Re:     For       For        Management
      Liability Insurance for Directors and
      Executives
9     Approve Value of Assets Subject to        For       For        Management
      Compensation Agreement with Directors and
      Executives
10    Approve Related-Party Transaction Re:     For       For        Management
      Compensation of Expenses to Directors and
      Executives
11    Approve Revised Edition of Charter        For       Against    Management
12    Approve Revised Edition of Regulations on For       For        Management
      Board of Directors
13    Cancel Company's Membership in Cobalt     For       For        Management
      Development Institute
14    Cancel Company's Membership in Palladium  For       For        Management
      Council


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

MULTIMEDIA POLSKA S.A.

Ticker:                      Security ID:  PLMLMDP00015
Meeting Date: FEB 5, 2007    Meeting Type: Special
Record Date:  JAN 30, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Prepare List of Shareholders              None      Did Not    Management
                                                          Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
7     Elect David C. Seidman as Supervisory     For       Did Not    Management
      Board Member                                        Vote
8     Amend Statute                             For       Did Not    Management
                                                          Vote
9     Approve Unified Text of Statute           For       Did Not    Management
                                                          Vote
10    Transact Other Business (Voting)          For       Did Not    Management
                                                          Vote
11    Close Meeting                             None      Did Not    Management
                                                          Vote


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

MULTIMEDIA POLSKA S.A.

Ticker:                      Security ID:  PLMLMDP00015
Meeting Date: MAR 15, 2007   Meeting Type: Special
Record Date:  MAR 8, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Prepare List of Shareholders              None      Did Not    Management
                                                          Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
7     Approve Merger with Multimedia Polska -   For       Did Not    Management
      Mielec Sp. z o.o.                                   Vote
8     Close Meeting                             None      Did Not    Management
                                                          Vote


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

MULTIMEDIA POLSKA S.A.

Ticker:                      Security ID:  PLMLMDP00015
Meeting Date: MAY 25, 2007   Meeting Type: Special
Record Date:  MAY 18, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Prepare List of Shareholders              For       Did Not    Management
                                                          Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
7     Approve Merger with Automatic Serwis Sp.  For       Did Not    Management
      z o.o.                                              Vote
8     Close Meeting                             None      Did Not    Management
                                                          Vote


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

MULTIMEDIA POLSKA S.A.

Ticker:                      Security ID:  PLMLMDP00015
Meeting Date: JUN 27, 2007   Meeting Type: Annual
Record Date:  JUN 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Prepare List of Shareholders              None      Did Not    Management
                                                          Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
7     Approve Management Board Report on        For       Did Not    Management
      Company's Operations in Fiscal 2006                 Vote
8     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
9     Approve Financial Statements              For       Did Not    Management
                                                          Vote
10    Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
11    Approve Allocation of Income              For       Did Not    Management
                                                          Vote
12    Approve Supervisory Board Report          For       Did Not    Management
                                                          Vote
13    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
14    Close Meeting                             None      Did Not    Management
                                                          Vote


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

NOVATEK OAO (FORMERLY NOVAFININVEST OAO)

Ticker:                      Security ID:  US6698881090
Meeting Date: SEP 11, 2006   Meeting Type: Special
Record Date:  AUG 8, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE PAYMENT OF DIVIDENDS OF   For       For        Management
      RUB 0.55 PER ORDINARY SHARES OF THE
      COMPANY BASED ON HALF-YEAR 2006 FINANCIAL
      RESULTS.


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

NOVATEK OAO (FORMERLY NOVAFININVEST OAO)

Ticker:                      Security ID:  US6698881090
Meeting Date: DEC 13, 2006   Meeting Type: Special
Record Date:  OCT 23, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE PRE-SCHEDULED TERMINATION None      For        Shareholder
      OF POWERS OF MEMBERS OF BOARD OF
      DIRECTORS.
2     TO ELECT AKIMOV, ANDREY IGOREVICH AS THE  None      Against    Shareholder
      BOARD OF DIRECTOR OF JOINT STOCK COMPANY
      NOVATEK.
3     TO ELECT VARDANIAN, RUBEN KARLENOVICH AS  None      For        Shareholder
      THE BOARD OF DIRECTOR OF JOINT STOCK
      COMPANY NOVATEK.
4     TO ELECT GYETVAY, MARK ANTHONY AS THE     None      Against    Shareholder
      BOARD OF DIRECTOR OF JOINT STOCK COMPANY
      NOVATEK.
5     TO ELECT DMITRIEV, VLADIMIR ALEXANDROVICH None      For        Shareholder
      AS THE BOARD OF DIRECTOR OF JOINT STOCK
      COMPANY NOVATEK.
6     TO ELECT MIKHELSON, LEONID VIKTOROVICH AS None      Against    Shareholder
      THE BOARD OF DIRECTOR OF JOINT STOCK
      COMPANY NOVATEK.
7     TO ELECT NATALENKO, ALEXANDER YEGOROVICH  None      For        Shareholder
      AS THE BOARD OF DIRECTOR OF JOINT STOCK
      COMPANY NOVATEK.
8     TO ELECT SELEZNEV, KIRILL GENNADYEVICH AS None      Against    Shareholder
      THE BOARD OF DIRECTOR OF JOINT STOCK
      COMPANY NOVATEK.
9     TO ELECT YUZHANOV, ILYA ARTUROVICH AS THE None      For        Shareholder
      BOARD OF DIRECTOR OF JOINT STOCK COMPANY
      NOVATEK.
10    APPROVAL OF THE PRE-SCHEDULED TERMINATION None      For        Shareholder
      OF POWERS OF MEMBERS OF THE REVISION
      COMMITTEE.
11    TO ELECT KONOVALOVA, MARIA ALEXEEVNA AS A None      For        Shareholder
      MEMBER OF THE REVISION COMMITTEE.
12    TO ELECT RYASKOV, IGOR ALEXANDROVICH AS A None      For        Shareholder
      MEMBER OF THE REVISION COMMITTEE.
13    TO ELECT SHTREHOBER, FELIX AS A MEMBER OF None      For        Shareholder
      THE REVISION COMMITTEE.
14    TO ELECT SHULIKIN, NIKOLAY                None      For        Shareholder
      KONSTANTINOVICH AS A MEMBER OF THE
      REVISION COMMITTEE.


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

OTP BANK RT

Ticker:                      Security ID:  HU0000061726
Meeting Date: APR 27, 2007   Meeting Type: Annual
Record Date:  APR 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports; Accept Corporate Governance                Vote
      Report
2     Accept Board of Directors Report on       For       Did Not    Management
      Company's Business Policy in 2007                   Vote
3     Ratify Auditor; Fix Auditor's             For       Did Not    Management
      Remuneration                                        Vote
4     Approve Remuneration of Board of          For       Did Not    Management
      Directors and Supervisory Board                     Vote
5     Amend Articles of Association             For       Did Not    Management
                                                          Vote
6     Elect Members of Audit Committee          For       Did Not    Management
                                                          Vote
7     Approve Long-Term Remuneration and        For       Did Not    Management
      Incentive Program for Company's                     Vote
      Executives, Top Managers, and Members of
      Supervisory Board; Amend Incentive
      Program for Years 2006-2010
8     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote


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

PBG S.A.

Ticker:                      Security ID:  PLPBG0000029
Meeting Date: MAY 23, 2007   Meeting Type: Annual
Record Date:  MAY 16, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Receive Financial Statements and          None      Did Not    Management
      Management Board Report on Company's                Vote
      Operations in 2006
7     Approve Financial Statements and          For       Did Not    Management
      Management Board Report on Company's                Vote
      Operations in 2006
8     Receive Management Board Proposal         None      Did Not    Management
      Regarding Allocation of 2006 Income                 Vote
9     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
10.1  Approve Discharge of Jerzy Wisniewski     For       Did Not    Management
      (CEO)                                               Vote
10.2  Approve Discharge of Malgorzata           For       Did Not    Management
      Wisniewska (Management Board)                       Vote
10.3  Approve Discharge of Tomasz Woroch        For       Did Not    Management
      (Management Board)                                  Vote
10.4  Approve Discharge of Przemyslaw           For       Did Not    Management
      Szkudlarczyk (Management Board)                     Vote
10.5  Approve Discharge of Tomasz Tomczak       For       Did Not    Management
      (Management Board)                                  Vote
10.6  Approve Discharge of Mariusz Lozynski     For       Did Not    Management
      (Management Board)                                  Vote
11.1  Approve Discharge of Maciej Bednarkiewicz For       Did Not    Management
      (Supervisory Board Chairman)                        Vote
11.2  Approve Discharge of Wieslaw Lindner      For       Did Not    Management
      (Supervisory Board)                                 Vote
11.3  Approve Discharge of Jacek Krzyzaniak     For       Did Not    Management
      (Supervisory Board)                                 Vote
11.4  Approve Discharge of Dariusz Sarnowski    For       Did Not    Management
      (Supervisory Board)                                 Vote
11.5  Approve Discharge of Adam Strzelecki      For       Did Not    Management
      (Supervisory Board)                                 Vote
11.6  Approve Discharge of Miroslaw Dobrut      For       Did Not    Management
      (Supervisory Board)                                 Vote
11.7  Approve Discharge of Malgorzata           For       Did Not    Management
      Wisniewska (Supervisory Board)                      Vote
12    Fix Number of Supervisory Board Members   For       Did Not    Management
                                                          Vote
13    Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
14    Amend Statute Re: Rights Attached to      For       Did Not    Management
      Series A Shares                                     Vote
15    Authorize Supervisory Board to Adopt      For       Did Not    Management
      Final Text of Statute                               Vote
16    Transact Other Business (Voting)          For       Did Not    Management
                                                          Vote
17    Close Meeting                             None      Did Not    Management
                                                          Vote


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

PBG S.A.

Ticker:                      Security ID:  PLPBG0000029
Meeting Date: JUN 13, 2007   Meeting Type: Special
Record Date:  JUN 6, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Receive Agenda of Meeting                 None      Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Receive Consolidated Financial Statements None      Did Not    Management
      and Management Board Report on Group's              Vote
      Operations in 2006
7     Approve Consolidated Financial Statements For       Did Not    Management
      and Management Board Report on Group's              Vote
      Operations in 2006
8     Transact Other Business (Voting)          For       Did Not    Management
                                                          Vote
9     Close Meeting                             None      Did Not    Management
                                                          Vote


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

POLIMEX-MOSTOSTAL S.A. (FRMLY POLIMEX-MOSTOSTAL SIEDLCE S.A)

Ticker:                      Security ID:  PLMSTSD00019
Meeting Date: JUN 28, 2007   Meeting Type: Annual
Record Date:  JUN 21, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Elect Meeting Chairman      For       Did Not    Management
                                                          Vote
2     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
3     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Approve Financial Statements and          For       Did Not    Management
      Management Board Report on Company's                Vote
      Operations in 2006
6     Approve Consolidated Financial Statements For       Did Not    Management
      and Management Board Report on Group's              Vote
      Operations in 2006
7     Approve Supervisory Board Report          For       Did Not    Management
                                                          Vote
8     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
9     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
10    Approve Financial Statements of Zaklady   For       Did Not    Management
      Remontowe Energetyki Warszawa S.A. and              Vote
      Management Board Report on its Operations
      in 2006
11    Approve Consolidated Financial Statements For       Did Not    Management
      of Zaklady Remontowe Energetyki Warszawa            Vote
      S.A. and Management Board Report on
      Group's Operations in 2006
12    Approve  Zaklady Remontowe Energetyki     For       Did Not    Management
      Warszawa S.A. Supervisory Board Report              Vote
13    Approve Allocation of Income for Zaklady  For       Did Not    Management
      Remontowe Energetyki Warszawa S.A.                  Vote
14    Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards of Zaklady Remontowe             Vote
      Energetyki Warszawa S.A.
15    Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
16    Amend Regulations on Supervisory Board    For       Did Not    Management
      Remuneration                                        Vote
17    Amend Regulations on Supervisory Board    For       Did Not    Management
                                                          Vote
18    Amend June 30, 2005, AGM, Resolution Re:  For       Did Not    Management
      Compliance with 'Best Practices in Public           Vote
      Companies in 2005'
19    Amend Statute; Approve Final Text of      For       Did Not    Management
      Statute                                             Vote
20    Amend Jan. 31, 2006, EGM, Resolution Re:  For       Did Not    Management
      Company's Motivation Plan                           Vote
21    Amend Jan. 31, 2006, EGM, Resolution Re:  For       Did Not    Management
      Conditional Capital Share Increase and              Vote
      Coresponding Changes to Statute
22    Amend Jan. 31, 2006, EGM, Resolution Re:  For       Did Not    Management
      Issuance of Warrants                                Vote
23    Close Meeting                             None      Did Not    Management
                                                          Vote


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

POLYUS ZOLOTO OAO

Ticker:                      Security ID:  RU000A0JNAA8
Meeting Date: SEP 11, 2006   Meeting Type: Special
Record Date:  JUL 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Remuneration of Three Independent For       For        Management
      Directors in Amount of $25,000 per
      Quarter Each; Approve Reimbursement of
      Expenses of Three Independent Directors
      in Amount not Exceeding RUB 2 Million per
      Year Each
2     Determine Cost of Liability Insurance for For       For        Management
      Directors
3     Approve Related-Party Transaction Re:     For       For        Management
      Liability Insurance for Directors
4     Approve Indemnification of Directors in   For       For        Management
      Amount not Exceeding $20 Million
5     Approve Related-Party Transaction Re:     For       For        Management
      Indemnification of Directors
6     Approve Regulations on Audit Commission   For       For        Management


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

POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI S.A.

Ticker:                      Security ID:  PLPKO0000016
Meeting Date: MAR 19, 2007   Meeting Type: Special
Record Date:  FEB 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Approve Changes to Composition of         For       Did Not    Management
      Supervisory Board                                   Vote
6     Close Meeting                             None      Did Not    Management
                                                          Vote


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

POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI S.A.

Ticker:                      Security ID:  PLPKO0000016
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  APR 17, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Receive Supervisory Board Report on       None      Did Not    Management
      Outcome of Completed Selection Process              Vote
      for Posts of Company's CEO and Deputy
      CEOs
6     Receive Supervisory Board Report on       None      Did Not    Management
      Process of Disposing of Hotels and                  Vote
      Offsite Training Centers
7     Receive Management Board Report on        None      Did Not    Management
      Strategy Adopted for PKO BP S.A.                    Vote
8     Receive Financial Statements and          None      Did Not    Management
      Management Board Report on Company's                Vote
      Operations in Fiscal 2006; Receive
      Management Board Proposal on Allocation
      of 2006 Income
9     Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
10.1  Approve Management Board Report on        For       Did Not    Management
      Company's Operations in Fiscal 2006                 Vote
10.2  Approve Financial Statements              For       Did Not    Management
                                                          Vote
10.3  Approve Supervisory Board Report on Its   For       Did Not    Management
      Activities in Fiscal 2006                           Vote
10.4  Approve Allocation of Income              For       Did Not    Management
                                                          Vote
10.5  Approve Dividends                         For       Did Not    Management
                                                          Vote
10.6a Approve Discharge of Andrzej Podsiadlo    For       Did Not    Management
      (CEO until Sept. 29, 2006)                          Vote
10.6b Approve Discharge of Slawomir Skrzypek    For       Did Not    Management
      (Acting CEO since Sept. 29, 2006)                   Vote
10.6c Approve Discharge of Kazimierz Malecki    For       Did Not    Management
      (Management Board)                                  Vote
10.6d Approve Discharge of Jaroslaw Myjak       For       Did Not    Management
      (Management Board)                                  Vote
10.6e Approve Discharge of Danuta Demianiuk     For       Did Not    Management
      (Management Board)                                  Vote
10.6f Approve Discharge of Jacek Oblekowski     For       Did Not    Management
      (Management Board)                                  Vote
10.6g Approve Discharge of Zdzislaw Sokal       For       Did Not    Management
      (Management Board)                                  Vote
10.6h Approve Discharge of Wojciech Kwiatkowski For       Did Not    Management
      (Management Board)                                  Vote
10.6i Approve Discharge of Rafal Juszczak       For       Did Not    Management
      (Management Board)                                  Vote
10.6j Approve Discharge of Piotr Kaminski       For       Did Not    Management
      (Management Board)                                  Vote
10.6k Approve Discharge of Krystyna Szewczyk    For       Did Not    Management
      (Management Board)                                  Vote
10.7a Approve Discharge of Bazyli Samojlik      For       Did Not    Management
      (Chairman of Supervisory Board until                Vote
      April 18, 2006)
10.7b Approve Discharge of Krzysztof Zdanowski  For       Did Not    Management
      (Supervisory Board)                                 Vote
10.7c Approve Discharge of Andrzej Giryn        For       Did Not    Management
      (Supervisory Board)                                 Vote
10.7d Approve Discharge of Stanislaw Kasiewicz  For       Did Not    Management
      (Supervisory Board)                                 Vote
10.7e Approve Discharge of Ryszard              For       Did Not    Management
      Kokoszczynski (Supervisory Board)                   Vote
10.7f Approve Discharge of Czeslawa Siwek       For       Did Not    Management
      (Supervisory Board)                                 Vote
10.7g Approve Discharge of Wladyslaw Szymanski  For       Did Not    Management
      (Supervisory Board)                                 Vote
10.7h Approve Discharge of Jerzy Osiatynski     For       Did Not    Management
      (Supervisory Board)                                 Vote
10.7i Approve Discharge of Marek Gluchowski     For       Did Not    Management
      (Supervisory Board)                                 Vote
10.7j Approve Discharge of Urszula Palaszek     For       Did Not    Management
      (Supervisory Board)                                 Vote
10.7k Approve Discharge of Tomasz Siemiatkowski For       Did Not    Management
      (Supervisory Board)                                 Vote
10.7l Approve Discharge of Jerzy Michalowski    For       Did Not    Management
      (Supervisory Board)                                 Vote
10.7m Approve Discharge of Adam Skowronski      For       Did Not    Management
      (Supervisory Board)                                 Vote
10.7n Approve Discharge of Agnieszka            For       Did Not    Management
      Winnik-Kalemba (Supervisory Board)                  Vote
11.1  Receive Consolidated Financial Statements For       Did Not    Management
      and Report on Capital Group's Operations            Vote
      in Fiscal 2006; Approve Report on Capital
      Group's Operations in Fiscal 2006
11.2  Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
12    Approve Rules of Remuneration of          For       Did Not    Management
      Company's CEO                                       Vote
13    Approve Regulations on Supervisory Board  For       Did Not    Management
                                                          Vote
14.1  Amend Statute Re: Editorial Amendment     For       Did Not    Management
      Concerning Corporate Purpose                        Vote
14.2  Amend Statute Re: Corporate Purpose       For       Did Not    Management
                                                          Vote
14.3  Amend Statute Re: Election of Supervisory For       Did Not    Management
      Board Members                                       Vote
14.4  Amend Statute Re: Editorial Amendments    For       Did Not    Management
      Concerning Composition of Management                Vote
      Board
14.5  Amend Statute Re: Set Range for Minimum   For       Did Not    Management
      (3) and Maximum (9) Number of Management            Vote
      Board Members
14.6  Amend Statute Re: Acting on Company's     For       Did Not    Management
      Behalf                                              Vote
14.7  Amend Statute Re: Editorial Amendment     For       Did Not    Management
      Concerning Decision-Making by Management            Vote
      Board
14.8  Amend Statute Re: Competencies of         For       Did Not    Management
      Management Board                                    Vote
14.9  Amend Statute Re: Internal Audit System   For       Did Not    Management
                                                          Vote
15    Close Meeting                             None      Did Not    Management
                                                          Vote


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

RAIFFEISEN INTERNATIONAL BANK-HOLDING AG

Ticker:                      Security ID:  AT0000606306
Meeting Date: JUN 5, 2007    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
5     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
6     Ratify Auditors                           For       Did Not    Management
                                                          Vote
7     Approve Increase in Authorized Capital    For       Did Not    Management
      via a Capitalization of Reserves                    Vote
8     Approve Creation of EUR 217.7 Million     For       Did Not    Management
      Pool of Capital with Preemptive Rights              Vote
9     Amend Articles to Reflect Changes in      For       Did Not    Management
      Capital                                             Vote
10    Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote


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

SBERBANK OF RUSSIA

Ticker:                      Security ID:  RU0009029540
Meeting Date: JUN 29, 2007   Meeting Type: Annual
Record Date:  MAY 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report                     For       Did Not    Management
                                                          Vote
2     Approve Financial Statements              For       Did Not    Management
                                                          Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends RUB 385.50 per Ordinary Share             Vote
      and RUB 9.30 per Preferred Share
4     Ratify Auditor                            For       Did Not    Management
                                                          Vote
5.1   Elect Sergey Ignatiev as Director         None      Did Not    Management
                                                          Vote
5.2   Elect Alexey Ulyukaev as Director         None      Did Not    Management
                                                          Vote
5.3   Elect Georgy Luntovsky as Director        None      Did Not    Management
                                                          Vote
5.4   Elect Valery Tkachenko as Director        None      Did Not    Management
                                                          Vote
5.5   Elect Nadezhda Ivanova as Director        None      Did Not    Management
                                                          Vote
5.6   Elect Sergey Shvetsov as Director         None      Did Not    Management
                                                          Vote
5.7   Elect Konstantin Shor as Director         None      Did Not    Management
                                                          Vote
5.8   Elect German Gref as Director             None      Did Not    Management
                                                          Vote
5.9   Elect Alexey Kudrin as Director           None      Did Not    Management
                                                          Vote
5.10  Elect Anton Drozdov as Director           None      Did Not    Management
                                                          Vote
5.11  Elect Alexey Savatyugin as Director       None      Did Not    Management
                                                          Vote
5.12  Elect Arkady Dvorkovich as Director       None      Did Not    Management
                                                          Vote
5.13  Elect Andrey Kazmin as Director           None      Did Not    Management
                                                          Vote
5.14  Elect Alla Aleshkina as Director          None      Did Not    Management
                                                          Vote
5.15  Elect Bella Zlatkis as Director           None      Did Not    Management
                                                          Vote
5.16  Elect Alexander Soloviev as Director      None      Did Not    Management
                                                          Vote
5.17  Elect Anton Danilov-Dailian as Director   None      Did Not    Management
                                                          Vote
5.18  Elect Boris Fedorov as Director           None      Did Not    Management
                                                          Vote
5.19  Elect Mstislav Afanasiev as Director      None      Did Not    Management
                                                          Vote
6.1   Elect Anna Burkovskaya as Member of the   For       Did Not    Management
      Audit Commission                                    Vote
6.2   Elect Vladimir Volkov as Member of the    For       Did Not    Management
      Audit Commission                                    Vote
6.3   Elect Vera Mashkova as Member of the      For       Did Not    Management
      Audit Commission                                    Vote
6.4   Elect Valentina Khrapunkova as Member of  For       Did Not    Management
      the Audit Commission                                Vote
6.5   Elect Maxim Dolzhnikov as Member of the   For       Did Not    Management
      Audit Commission                                    Vote
6.6   Elect Valentina Tkachenko as Member of    For       Did Not    Management
      the Audit Commission                                Vote
6.7   Elect Natalia Polonskaya as Member of the For       Did Not    Management
      Audit Commission                                    Vote
7     Approve 1,000: 1 (One Thousand New Shares For       Did Not    Management
      for Every Share Currently Held) Stock               Vote
      Split
8     Approve Remuneration of Directors and     For       Did Not    Management
      Members of Audit Commission                         Vote


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

SILOVYE MASHINY (POWER MACHINES)

Ticker:                      Security ID:  RU0005928307
Meeting Date: JUL 25, 2006   Meeting Type: Special
Record Date:  JUN 7, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Related-Party Transaction with    For       Against    Management
      OJSC Saratovskaya GES Re: Supply
      Agreement
2     Approve Related-Party Transaction with    For       Against    Management
      OJSC Mosenergo Re: Supply Agreement
3     Approve Related-Party Transaction with    For       Against    Management
      OJSC Kaskad Verkhnevolzhskikh GES Re:
      Supply Agreement
4     Approve Related-Party Transaction with    For       Against    Management
      OJSC Boguchanskaya GES Re: Contract to
      Supply Hydrogenerators
5     Approve Related-Party Transaction with    For       Against    Management
      OJSC Boguchanskaya GES Re: Contract to
      Supply Hydroturbines


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

SILOVYE MASHINY (POWER MACHINES)

Ticker:                      Security ID:  RU0005928307
Meeting Date: DEC 13, 2006   Meeting Type: Special
Record Date:  OCT 25, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Related-Party Transaction with    For       For        Management
      OJSC Mosenergo
2     Approve Related-Party Transaction with    For       For        Management
      OJSC Mosenergo
3     Approve Related-Party Transaction with    For       For        Management
      OJSC Mosenergo


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

SILOVYE MASHINY (POWER MACHINES)

Ticker:                      Security ID:  RU0005928307
Meeting Date: FEB 22, 2007   Meeting Type: Special
Record Date:  DEC 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Meeting Procedures                For       For        Management
2     Approve Early Termination of Powers of    For       For        Management
      Board of Directors
3     Elect Directors by Cumulative Voting      For       For        Management
4     Approve Early Termination of Powers of    For       For        Management
      Members of Audit Commission
5     Elect Members of Audit Commission         For       For        Management
6     Approve Charter in New Edition            For       Against    Management
7     Approve Regulations on Board of Directors For       Against    Management
      in New Edition
8     Approve Regulations on General Meetings   For       Against    Management
      in New Edition
9     Approve Regulations on Management in New  For       Against    Management
      Edition
10    Approve Regulations on Audit Commission   For       For        Management
      in New Edition


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

SILOVYE MASHINY (POWER MACHINES)

Ticker:                      Security ID:  RU0005928307
Meeting Date: APR 20, 2007   Meeting Type: Special
Record Date:  MAR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Related-Party Transaction Re:     For       For        Management
      Contract with OJSC TGK-1 for
      Reconstruction of Vuoksin Hydroelectric
      Station
2     Approve Related-Party Transaction Re:     For       For        Management
      Contract with OJSC OGK-3 for Delivery of
      Equipment
3     Approve Related-Party Transaction Re:     For       For        Management
      Contract for Delivery of Equipment


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

SILOVYE MASHINY (POWER MACHINES)

Ticker:                      Security ID:  RU0005928307
Meeting Date: JUN 29, 2007   Meeting Type: Annual
Record Date:  MAY 10, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Meeting Procedures                For       Did Not    Management
                                                          Vote
2.1   Elect Sergey Batekhin as Director         None      Did Not    Management
                                                          Vote
2.2   Elect Boris Vainzikher as Director        None      Did Not    Management
                                                          Vote
2.3   Elect Juergen Wio as Director             None      Did Not    Management
                                                          Vote
2.4   Elect Vyacheslav Voronin as Director      None      Did Not    Management
                                                          Vote
2.5   Elect Michael Suess as Director           None      Did Not    Management
                                                          Vote
2.6   Elect Ekaterina Salnikova as Director     None      Did Not    Management
                                                          Vote
2.7   Elect John Sleeman as Director            None      Did Not    Management
                                                          Vote
2.8   Elect Mikhail Tomashkevich as Director    None      Did Not    Management
                                                          Vote
2.9   Elect Alexander Chuvaev as Director       None      Did Not    Management
                                                          Vote
3.1   Elect Svetlana Balydina as Member of the  For       Did Not    Management
      Audit Commission                                    Vote
3.2   Elect Yury Zhigulin as Member of the      For       Did Not    Management
      Audit Commission                                    Vote
3.3   Elect Dmitry Kartsev as Member of the     For       Did Not    Management
      Audit Commission                                    Vote
3.4   Elect Alexander Lisin as Member of the    For       Did Not    Management
      Audit Commission                                    Vote
3.5   Elect Alexander Lutokhin as Member of the For       Did Not    Management
      Audit Commission                                    Vote
3.6   Elect Roman Mashkarin as Member of the    For       Did Not    Management
      Audit Commission                                    Vote
3.7   Elect Varvara Mileyko as Member of the    For       Did Not    Management
      Audit Commission                                    Vote
3.8   Elect Vladimir Tretiakov as Member of the For       Did Not    Management
      Audit Commission                                    Vote
4     Ratify Rosexpertiza LLC as Auditor        For       Did Not    Management
                                                          Vote
5     Approve Annual Report and Financial       For       Did Not    Management
      Statements                                          Vote
6     Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
7     Approve Related-Party Transactions with   For       Did Not    Management
      OJSC AKB Rosbank                                    Vote
8     Approve Related-Party Transaction with    For       Did Not    Management
      OJSC TGK-4                                          Vote
9     Approve Addendum No. 2 to Related-Party   For       Did Not    Management
      Transaction with Siemens                            Vote
      Akiengesellschaft, PG P32


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

SURGUTNEFTEGAZ  AO

Ticker:                      Security ID:  US8688612048
Meeting Date: MAY 5, 2007    Meeting Type: Annual
Record Date:  MAR 17, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report                     For       Abstain    Management
2     Approve Financial Statements              For       Abstain    Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of RUB 0.71 per Preferred Share
      and RUB 0.53 per Ordinary Share
4.1   Elect Sergei Ananiev as Director          None      Against    Management
4.2   Elect Vladimir Bogdanov as Director       None      Against    Management
4.3   Elect Alexander Bulanov as Director       None      Against    Management
4.4   Elect Igor Gorbunov as Director           None      Against    Management
4.5   Elect Vladislav Druchinin as Director     None      For        Management
4.6   Elect Oleg Egorov as Director             None      Against    Management
4.7   Elect Vladimir Erokhin as Director        None      Against    Management
4.8   Elect Nikolai Zakharchenko as Director    None      For        Management
4.9   Elect Nikolai Matveev as Director         None      Against    Management
4.10  Elect Alexander Rezyapov as Director      None      Against    Management
5.1   Elect Tatiana Zhuchko as Member of Audit  For       For        Management
      Commission
5.2   Elect Valentina Komarova as Member of     For       For        Management
      Audit Commission
5.3   Elect Tamara Oleynik as Member of Audit   For       For        Management
      Commission
6     Ratify Rosekspertiza LLC as Auditor       For       For        Management
7     Approve Related-Party Transactions        For       Abstain    Management


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

TMK OAO

Ticker:                      Security ID:  US87260R1023
Meeting Date: JAN 17, 2007   Meeting Type: Special
Record Date:  DEC 1, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE AMENDMENT TO THE COMPANY  For       For        Management
      S CHARTER.


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

TMK OAO

Ticker:                      Security ID:  US87260R1023
Meeting Date: MAR 2, 2007    Meeting Type: Special
Record Date:  JAN 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Option Program                    For       For        Management
2     Approve Remuneration Contracts with       For       For        Management
      Members of Board of Directors and
      Chairman of Board of Directors in New
      Edition


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

TMK OAO

Ticker:                      Security ID:  US87260R1023
Meeting Date: JUN 27, 2007   Meeting Type: Annual
Record Date:  MAY 21, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report and Financial       For       Did Not    Management
      Statements                                          Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of RUB 4.30 Per Ordinary Share            Vote
3.1   Elect Petr Golitsyn as Director           None      Did Not    Management
                                                          Vote
3.2   Elect Andrey Kaplunov as Director         None      Did Not    Management
                                                          Vote
3.3   Elect Adrian Cobb as Director             None      Did Not    Management
                                                          Vote
3.4   Elect Josef Marous as Director            None      Did Not    Management
                                                          Vote
3.5   Elect Sergey Papin as Director            None      Did Not    Management
                                                          Vote
3.6   Elect Dmitry Pumpyansky as Director       None      Did Not    Management
                                                          Vote
3.7   Elect Geoffrey Townsend as Director       None      Did Not    Management
                                                          Vote
3.8   Elect Igor Khmelevsky as Director         None      Did Not    Management
                                                          Vote
3.9   Elect Alexander Shiryaev as Director      None      Did Not    Management
                                                          Vote
3.10  Elect Mukhadin Eskindarov as Director     None      Did Not    Management
                                                          Vote
4.1   Elect Alexander Borobiev as Member of     For       Did Not    Management
      Audit Commission                                    Vote
4.2   Elect Alexander Maximenko as Member of    For       Did Not    Management
      Audit Commission                                    Vote
4.3   Elect Anna Novokshonova as Member of      For       Did Not    Management
      Audit Commission                                    Vote
5     Ratify Auditor                            For       Did Not    Management
                                                          Vote


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

TVN S.A.

Ticker:                      Security ID:  PLTVN0000017
Meeting Date: SEP 26, 2006   Meeting Type: Special
Record Date:  SEP 19, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Amend Statute Re: Corporate Purpose       For       Did Not    Management
                                                          Vote
7     Authorize Management Board to Sign        For       Did Not    Management
      Agreement with National Depository for              Vote
      Securities Regarding Dematerialization
      and Registration of Series D Shares and
      Their Listing on Warsaw Stock Exchange
8     Approve Conditional Increase in Share     For       Did Not    Management
      Capital in Connection with Incentive Plan           Vote
      Proposed under Items 10 and 11
9     Disapply Preemptive Rights in Connection  For       Did Not    Management
      with Conditional Increase in Share                  Vote
      Capital Proposed under Item 8
10    Approve Issuance of Warrants              For       Did Not    Management
                                                          Vote
11    Approve Terms of Incentive Plan (Issuance For       Did Not    Management
      of Warrants)                                        Vote
12    Approve Unified Text of Statute           For       Did Not    Management
                                                          Vote
13    Close Meeting                             None      Did Not    Management
                                                          Vote


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

TVN S.A.

Ticker:                      Security ID:  PLTVN0000017
Meeting Date: NOV 29, 2006   Meeting Type: Special
Record Date:  NOV 22, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Approve Merger with TVN-24 Sp. z o.o.     For       Did Not    Management
                                                          Vote
7     Approve 5:1 (Five Shares for One Share    For       Did Not    Management
      Currently Held) Stock Split; Amend                  Vote
      Statute Accordingly
8     Authorize Management Board to Apply for   For       Did Not    Management
      Listing of New Shares and to Enter into             Vote
      Agreement with National Depository of
      Securities Regarding Registration of New
      Shares (in Connection with Increase in
      Share Capital Proposed under Item 7)
9     Amend June 8, 2006, AGM Resolution Re:    For       Did Not    Management
      Conditional Increase in Share Capital in            Vote
      Connection with Introduction of Incentive
      Plan
10    Amend June 8, 2006, AGM Resolution Re:    For       Did Not    Management
      Revoke Shareholders' Preemptive Rights to           Vote
      Subscribe to Series C1, C2, and C3 Shares
      in Connection with Introduction of
      Incentive Plan
11    Amend June 8, 2006, AGM Resolution Re:    For       Did Not    Management
      Issuance of Warrants                                Vote
12    Amend June 8, 2006, AGM Resolution Re:    For       Did Not    Management
      Terms of Incentive Plan                             Vote
13    Amend Sept. 26, 2006, EGM Resolution Re:  For       Did Not    Management
      Conditional Increase in Share Capital in            Vote
      Connection with Introduction of Incentive
      Plan
14    Amend Sept. 26, 2006, EGM Resolution Re:  For       Did Not    Management
      Revoke Shareholders' Preemptive Rights to           Vote
      Subscribe to Series E1, E2, E3, and E4
      Shares in Connection with Introduction of
      Incentive Plan
15    Amend Sept. 26, 2006, EGM Resolution Re:  For       Did Not    Management
      Issuance of Warrants                                Vote
16    Amend Sept. 26, 2006, EGM Resolution Re:  For       Did Not    Management
      Introduction of Incentive Plan                      Vote
17    Incorporate Any Approved Amendments into  For       Did Not    Management
      Text of Statute and Approve Unified Text            Vote
      of Statute
18    Close Meeting                             None      Did Not    Management
                                                          Vote


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

TVN S.A.

Ticker:                      Security ID:  PLTVN0000017
Meeting Date: JAN 30, 2007   Meeting Type: Special
Record Date:  JAN 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Amend June 8, 2006, AGM, Resolution Re:   For       Did Not    Management
      Conditional Increase in Share Capital in            Vote
      Connection with Incentive Plan Approved
      at June 8, 2006, AGM
7     Amend June 8, 2006, AGM, Resolution Re:   For       Did Not    Management
      Issuance of Warrants                                Vote
8     Amend June 8, 2006, AGM, Resolution Re:   For       Did Not    Management
      Implementation of Incentive Plan                    Vote
9     Amend Subscription Period for Series C1   For       Did Not    Management
      Shares to Be Issued in Connection with              Vote
      Incentive Plan Approved at June 8, 2006,
      AGM
10    Amend Sept. 26, 2006, EGM, Resolution Re: For       Did Not    Management
      Conditional Increase in Share Capital in            Vote
      Connection with Incentive Plan Approved
      at Sept. 26, 2006, EGM
11    Close Meeting                             None      Did Not    Management
                                                          Vote


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

TVN S.A.

Ticker:                      Security ID:  PLTVN0000017
Meeting Date: MAY 11, 2007   Meeting Type: Annual
Record Date:  MAY 4, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Approve Financial Statements              For       Did Not    Management
                                                          Vote
7     Approve Management Board Report on        For       Did Not    Management
      Company's Operations in 2006                        Vote
8     Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
9     Approve Supervisory Board Report          For       Did Not    Management
                                                          Vote
10.1  Approve Discharge of Piotr Walter (CEO)   For       Did Not    Management
                                                          Vote
10.2  Approve Discharge of Karen Burgess        For       Did Not    Management
      (Management Board)                                  Vote
10.3  Approve Discharge of Edward Miszczak      For       Did Not    Management
      (Management Board)                                  Vote
10.4  Approve Discharge of Lukasz Wejchert      For       Did Not    Management
      (Management Board)                                  Vote
10.5  Approve Discharge of Tomasz Berezowski    For       Did Not    Management
      (Management Board)                                  Vote
10.6  Approve Discharge of Olgierd Dobrzynski   For       Did Not    Management
      (Management Board)                                  Vote
10.7  Approve Discharge of Waldemar Ostrowski   For       Did Not    Management
      (Management Board)                                  Vote
10.8  Approve Discharge of Adam Pieczynski      For       Did Not    Management
      (Management Board)                                  Vote
10.9  Approve Discharge of Jaroslaw Potasz      For       Did Not    Management
      (Management Board)                                  Vote
10.10 Approve Discharge of Piotr Tyborowicz     For       Did Not    Management
      (Management Board)                                  Vote
11.1  Approve Discharge of Jan Wejchert         For       Did Not    Management
      (Supervisory Board Chairman)                        Vote
11.2  Approve Discharge of Arnold Bahlmann      For       Did Not    Management
      (Supervisory Board)                                 Vote
11.3  Approve Discharge of Romano Fanconi       For       Did Not    Management
      (Supervisory Board)                                 Vote
11.4  Approve Discharge of Pawel Gricuk         For       Did Not    Management
      (Supervisory Board)                                 Vote
11.5  Approve Discharge of Wojciech Kostrzewa   For       Did Not    Management
      (Supervisory Board)                                 Vote
11.6  Approve Discharge of Andrzej Rybicki      For       Did Not    Management
      (Supervisory Board)                                 Vote
11.7  Approve Discharge of Bruno Valsangiacomo  For       Did Not    Management
      (Supervisory Board)                                 Vote
11.8  Approve Discharge of Mariusz Walter       For       Did Not    Management
      (Supervisory Board)                                 Vote
11.9  Approve Discharge of Jan Zielinski        For       Did Not    Management
      (Supervisory Board)                                 Vote
11.10 Approve Discharge of Maciej Zak           For       Did Not    Management
      (Supervisory Board)                                 Vote
12    Approve Allocation of Income              For       Did Not    Management
                                                          Vote
13    Approve Dividends                         For       Did Not    Management
                                                          Vote
14    Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
15    Approve Changes to Remuneration of        For       Did Not    Management
      Supervisory Board Members                           Vote
16    Approve Unified Text of Statute           For       Did Not    Management
                                                          Vote
17    Close Meeting                             None      Did Not    Management
                                                          Vote


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

UNIFIED ENERGY SYSTEMS RAO

Ticker:                      Security ID:  US9046882075
Meeting Date: DEC 6, 2006    Meeting Type: Special
Record Date:  OCT 5, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     REORGANIZATION OF RAO UES OF RUSSIA       For       For        Management
      THROUGH A SPIN-OFF OF OAO OGK-5 HOLDING
      AND OAO TGK-5 HOLDING.
2.1   ELECT EVGENY ABRAMOV AS DIRECTOR - of     For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.2   ELECT DMITRY AKHANOV AS DIRECTOR - of     For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.3   ELECT MAXIM BUNYAKIHN AS DIRECTOR - of    For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.4   ELECT DMITRY BURNASHEV AS DIRECTOR - of   For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.5   ELECT ANATOLY BUSHIN AS DIRECTOR - of     For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.6   ELECT EVGENY BYKHANOV AS DIRECTOR - of    For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.7   ELECT DMITRY VASIN AS DIRECTOR - of OJSC  For       For        Management
      OGK-5 Holding by Cumulative Voting
2.8   ELECT VLADIMIR VOLIK AS DIRECTOR - of     For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.9   ELECT VADIM GALKA AS DIRECTOR - of OJSC   For       For        Management
      OGK-5 Holding by Cumulative Voting
2.10  ELECT ALEKSEY ZNAMENSKY AS DIRECTOR - of  For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.11  ELECT ALEKSEY KACHAY AS DIRECTOR - of     For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.12  ELECT ANDREY KRIVOGUZOV AS DIRECTOR - of  For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.13  ELECT VALERY NAPSHA AS DIRECTOR - of OJSC For       For        Management
      OGK-5 Holding by Cumulative Voting
2.14  ELECT ELDAR ORUDZHEV AS DIRECTOR - of     For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.15  ELECT DMITRY SHTYKOV AS DIRECTOR - of     For       For        Management
      OJSC OGK-5 Holding by Cumulative Voting
2.16  ELECT VICTOR SHCHEDROLYUBOV AS DIRECTOR - For       For        Management
      of OJSC OGK-5 Holding by Cumulative
      Voting
3.1   ELECT EVGENY ABRAMOV AS DIRECTOR - of     For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.2   ELECT DMITRY AKHANOV AS DIRECTOR - of     For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.3   ELECT MAXIM BUNYAKIN AS DIRECTOR - of     For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.4   ELECT EVGENY BYKHANOV AS DIRECTOR - of    For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.5   ELECT VLADIMIR VOLIK AS DIRECTOR - of     For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.6   ELECT ALEKSEY ZNAMENSKY AS DIRECTOR - of  For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.7   ELECT ALEKSEY KACHAY AS DIRECTOR - of     For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.8   ELECT IGOR KOZHUKHOVSKY AS DIRECTOR - of  For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.9   ELECT VLADIMIR KOLUSHOV AS DIRECTOR - of  For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.10  ELECT VLADIMIR LEBEDEV AS DIRECTOR - of   For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.11  ELECT YULIA NEGASHEVA AS DIRECTOR - of    For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.12  ELECT VALERY NEPSHA AS DIRECTOR - of OJSC For       For        Management
      TGK-5 Holding by Cumulative Voting
3.13  ELECT DMITRY ROZHKOV AS DIRECTOR - of     For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.14  ELECT MIKHAIL SOKOLOVSKY AS DIRECTOR - of For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.15  ELECT VASILY FILIPPOV AS DIRECTOR - of    For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
3.16  ELECT DMITRY SHTYKOV AS DIRECTOR - of     For       For        Management
      OJSC TGK-5 Holding by Cumulative Voting
4     REORGANIZATION OF OAO OGK-5 HOLDING       For       For        Management
      THROUGH A MERGER WITH OAO OGK-5.
5     REORGANIZATION OF OAO TGK-5 HOLDING       For       For        Management
      THROUGH A MERGER WITH OAO TGK-5.
6     AMENDMENTS AND SUPPLEMENTS TO THE CHARTER For       For        Management
      OF RAO UES OF RUSSIA
7     APPROVAL OF TRANSACTION (ASSOCIATED       For       For        Management
      TRANSACTIONS) REGARDING    THE PURCHASE
      OF ADDITIONAL SHARES OF FEDERAL GRID
      COMPANY OF UNIFIED ENERGY SYSTEM, WHICH
      IS AN INTERESTED-PARTY TRANSACTION.


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

UNIFIED ENERGY SYSTEMS RAO

Ticker:                      Security ID:  US9046882075
Meeting Date: JUN 26, 2007   Meeting Type: Annual
Record Date:  MAY 11, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report, Financial          For       Did Not    Management
      Statements, and Allocation of Income                Vote
2     Approve Omission of Dividends             For       Did Not    Management
                                                          Vote
3     Ratify CJSC PricewaterhouseCoopers Audit  For       Did Not    Management
      as Auditor                                          Vote
4.1   Elect Andrey Akimov as Director           None      Did Not    Management
                                                          Vote
4.2   Elect Kirill Androsov as Director         None      Did Not    Management
                                                          Vote
4.3   Elect Grigory Berezkin as Director        None      Did Not    Management
                                                          Vote
4.4   Elect Andrey Bugrov as Director           None      Did Not    Management
                                                          Vote
4.5   Elect Alexander Voloshin as Director      None      Did Not    Management
                                                          Vote
4.6   Elect German Gref as Director             None      Did Not    Management
                                                          Vote
4.7   Elect Andrey Dementyev as Director        None      Did Not    Management
                                                          Vote
4.8   Elect Gleb Nikitin as Director            None      Did Not    Management
                                                          Vote
4.9   Elect Sergey Oganesyan as Director        None      Did Not    Management
                                                          Vote
4.10  Elect Olga Pushkareva as Director         None      Did Not    Management
                                                          Vote
4.11  Elect Vladimir Rashevsky as Director      None      Did Not    Management
                                                          Vote
4.12  Elect Seppo Remes as Director             For       Did Not    Management
                                                          Vote
4.13  Elect Kirill Seleznev as Director         None      Did Not    Management
                                                          Vote
4.14  Elect Yakov Urinson as Director           For       Did Not    Management
                                                          Vote
4.15  Elect Victor Khristenko as Director       None      Did Not    Management
                                                          Vote
4.16  Elect Anatoly Chubais as Director         None      Did Not    Management
                                                          Vote
4.17  Elect Andrey Sharonov as Director         None      Did Not    Management
                                                          Vote
4.18  Elect Ilya Yuzhanov as Director           None      Did Not    Management
                                                          Vote
5.1   Elect Marina Ganeyeva as Member of Audit  For       Did Not    Management
      Commission                                          Vote
5.2   Elect Andrey Kobzev as Member of Audit    For       Did Not    Management
      Commission                                          Vote
5.3   Elect Mikhail Kurbatov as Member of Audit For       Did Not    Management
      Commission                                          Vote
5.4   Elect Victoria Oseledko as Member of      For       Did Not    Management
      Audit Commission                                    Vote
5.5   Elect Alexander Rutenberg as Member of    For       Did Not    Management
      Audit Commission                                    Vote
6     Approve Related-Party Transaction Re:     For       Did Not    Management
      Acquisition of 86.9 Billion Shares in JSC           Vote
      FGC UES


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

VISTULA (ZP)

Ticker:                      Security ID:  PLVSTLA00011
Meeting Date: JUN 28, 2007   Meeting Type: Annual
Record Date:  JUN 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Receive Financial Statements,             None      Did Not    Management
      Consolidated Financial Statements, and              Vote
      Management Board Report on Company's
      Operations in 2006
6     Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
7     Approve Financial Statements and          For       Did Not    Management
      Management Board Report on Company's                Vote
      Operations in 2006
8     Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
9     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
10    Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
11    Approve Transfer of Organized Part of     For       Did Not    Management
      Company to Galeria Centrum Sp. z o.o. or            Vote
      Sale of Organized Part of Company to
      Galeria Centrum Sp. z o.o.
12    Amend Statute                             For       Did Not    Management
                                                          Vote
13    Amend Nov. 13, 2006, EGM, Resolution Re:  For       Did Not    Management
      Compensation Plan for Management Board              Vote
      Members; Amend Statute Accordingly
14    Approve Unified Text of Statute           For       Did Not    Management
                                                          Vote
15    Authorize Management Board to Take All    For       Did Not    Management
      Necessary Steps in Connection with Change           Vote
      in Nominal Value of Company Shares
16    Approve Changes to Composition of         For       Did Not    Management
      Supervisory Board                                   Vote
17    Close Meeting                             None      Did Not    Management
                                                          Vote


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

VOZROZHDENIE BANK

Ticker:                      Security ID:  RU0009084214
Meeting Date: JUN 29, 2007   Meeting Type: Annual
Record Date:  MAY 10, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report, Financial          For       For        Management
      Statements, and Allocation of Income,
      Including Dividends of RUB 0.50 per
      Ordinary Share and RUB 2 per Preferred
      Share
2     Approve Board of Directors Report         For       For        Management
3     Determine Number of Ordinary Shares at 8  For       For        Management
      Million and Amend Charter Accordingly
4     Amend Charter                             For       For        Management
5     Amend Regulations on General Meetings     For       For        Management
6     Amend Regulations on Board of Directors   For       For        Management
7     Amend Regulations on Management           For       For        Management
8     Amend Regulations on Audit Commission     For       For        Management
9     Approve Related-Party Transactions        For       For        Management
10.1  Elect Victor Afonin as Member of Audit    For       For        Management
      Commission
10.2  Elect Tamara Lapinskaya as Member of      For       For        Management
      Audit Commission
10.3  Elect Svetlana Markina as Member of Audit For       For        Management
      Commission
10.4  Elect Galina Kryukova as Member of Audit  For       For        Management
      Commission
11.1  Elect Yury Marinichev as Director         None      For        Management
11.2  Elect Dmitry Orlov as Director            None      For        Management
11.3  Elect Ludmila Goncharova as Director      None      For        Management
11.4  Elect Nikolay Demin as Director           None      For        Management
11.5  Elect Alexander Dolgopolov as Director    None      For        Management
11.6  Elect Nikolay Zatsepin as Director        None      For        Management
11.7  Elect Valery Zhigulin as Director         None      For        Management
11.8  Elect Alexander Zhizhaev as Director      None      For        Management
11.9  Elect Valentina Kabanova as Director      None      For        Management
11.10 Elect Otar Margania as Director           None      For        Management
11.11 Elect Nikita Mikhalkov as Director        None      For        Management
11.12 Elect Rustem Usmanov as Director          None      For        Management
12    Ratify CJSC PricewaterhouseCoopers as     For       For        Management
      Auditor


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

WIMM-BILL-DANN FOODS OJSC

Ticker:       WBD            Security ID:  US97263M1099
Meeting Date: SEP 1, 2006    Meeting Type: Special
Record Date:  JUL 18, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     INDEMNIFICATION AGREEMENT BETWEEN WBD     For       For        Management
      FOODS OJSC AND WBD FOODS OJSC CEO MR.
      TONY DENIS MAHER.
2     LIANOZOVO DAIRY PLANT OJSC SUPPLIES DAIRY For       For        Management
      PRODUCTS TO WBD FOODS OJSC.
3     WBD FOODS OJSC SUPPLIES FINISHED DAIRY    For       For        Management
      PRODUCTS TO NOVOKUIBYSHEVSK DAIRY OJSC.
4     WBD FOODS OJSC SUPPLIES FINISHED DAIRY    For       For        Management
      PRODUCTS TO UFAMOLAGROPROM OJSC (CITY OF
      UFA).
5     WBD FOODS OJSC SUPPLIES FINISHED DAIRY    For       For        Management
      PRODUCTS TO UFAMOLAGROPROM OJSC
      (EKATERINBURG AFFILIATE).
6     WBD FOODS OJSC SUPPLIES FINISHED DAIRY    For       For        Management
      PRODUCTS TO NIZHNY NOVGOROD DP OJSC.
7     TSARITSINO DAIRY PLANT OJSC SUPPLIES      For       For        Management
      DAIRY PRODUCTS TO WBD FOODS OJSC.
8     SIBERIAN DAIRY OJSC SUPPLIES DAIRY        For       For        Management
      PRODUCTS TO WBD FOODS OJSC.
9     TIMASHEVSK DAIRY PLANT OJSC SUPPLIES      For       For        Management
      DAIRY PRODUCTS TO WBD FOODS OJSC.
10    BABY FOOD DAIRY PLANT OJSC SUPPLIES, AND  For       For        Management
      WBD FOODS OJSC PAYS FOR AND ACCEPT THE
      PRODUCTS (MILK, DAIRY AND OTHER FOODS).
11    BABY FOOD DAIRY PLANT OJSC, SUPPLIES, AND For       For        Management
      WBD FOODS OJSC PAYS FOR AND ACCEPT THE
      PRODUCTS (LURE).
12    UFAMOLAGROPROM OJSC SUPPLIES, AND WBD     For       For        Management
      FOODS OJSC ACCEPTS DAIRY PRODUCTS.
13    TUIMAZY DAIRY OJSC SUPPLIES, AND WBD      For       For        Management
      FOODS OJSC ACCEPTS DAIRY PRODUCTS.


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

WIMM-BILL-DANN FOODS OJSC

Ticker:       WBD            Security ID:  US97263M1099
Meeting Date: DEC 5, 2006    Meeting Type: Special
Record Date:  OCT 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     1. TO ANNOUNCE DIVIDENDS PAYMENT UPON 9M  For       For        Management
      Y2006 FINANCIAL RESULTS ON ALLOCATED
      COMMON NOMINAL SHARES OF WBD FOODS OJSC,
      IN THE DIVIDEND AMOUNT OF 7 (SEVEN)
      RUBLES 86 KOPECKS PER 1 COMMON NOMINAL
      SHARE. 2. TO SET THE FOLLOWING TERMS AND
2     TO REVISE THE AMOUNT OF REMUNERATION PAID For       For        Management
      TO WBD FOODS OJSC  BOARD OF DIRECTORS
      MEMBERS (EXCEPT FOR THE CHAIRMAN OF THE
      BOARD OF DIRECTORS), APPROVED BY THE
      GENERAL SHAREHOLDERS MEETING (MINUTES AS
      OF 29.06.2004 ? 22-06), ALL AS MORE FULLY


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

WIMM-BILL-DANN FOODS OJSC

Ticker:       WBD            Security ID:  US97263M1099
Meeting Date: JUN 27, 2007   Meeting Type: Annual
Record Date:  MAY 15, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ELECTION OF MEMBER OF WBD FOODS OJSC      For       Did Not    Management
      COUNTING COMMISSION: LIMONOVA, OLGA                 Vote
      MIKHAILOVNA
2     ELECTION OF MEMBER OF WBD FOODS OJSC      For       Did Not    Management
      COUNTING COMMISSION: MUKHIN, MIKHAIL                Vote
      MIKHAILOVICH
3     ELECTION OF MEMBER OF WBD FOODS OJSC      For       Did Not    Management
      COUNTING COMMISSION: NOVGORODOVA, MARINA            Vote
      ALEXANDROVNA
4     ELECTION OF MEMBER OF WBD FOODS OJSC      For       Did Not    Management
      COUNTING COMMISSION: SONTSEVA, EVGENIYA             Vote
      SOLOMONOVNA
5     ELECTION OF MEMBER OF WBD FOODS OJSC      For       Did Not    Management
      COUNTING COMMISSION: TYUSINA, IRINA                 Vote
      ANATOLIEVNA
6     APPROVAL OF WBD FOODS OJSC ANNUAL REPORT. For       Did Not    Management
      BE IT RESOLVED THAT WBD FOODS OJSC ANNUAL           Vote
      REPORT PREPARED ON THE BASIS OF
      ACCOUNTING DATA ACCORDING TO RUSSIAN
      STANDARDS FOR 2006, BE APPROVED.
7     APPROVAL OF THE ANNUAL FINANCIAL          For       Did Not    Management
      STATEMENTS, INCLUDING THE INCOME                    Vote
      STATEMENT (PROFIT AND LOSS ACCOUNTS) OF
      WBD FOODS OJSC. BE IT RESOLVED THAT THE
      ANNUAL FINANCIAL STATEMENTS FOR (Y2006),
      INCLUDING THE INCOME STATEMENT (PROFIT
      AND LOSS ACCOUNTS) OF WBD FO
8     DISTRIBUTION OF THE PROFIT (INCLUDING     For       Did Not    Management
      PAYMENT/DECLARATION OF DIVIDENDS) AND               Vote
      LOSSES OF WBD FOODS OJSC. THE PART OF NET
      PROFIT REFLECTED IN Y2006 FINANCIAL
      STATEMENTS IN ACCORDANCE WITH RUSSIAN
      STANDARDS, IN THE AMOUNT OF 10 852 382
      RUR 65 KOP. BE TRANSFER
9     DISTRIBUTION OF THE PROFIT (INCLUDING     For       Did Not    Management
      PAYMENT/DECLARATION OF DIVIDENDS) AND               Vote
      LOSSES OF WBD FOODS OJSC. UPON Y2006
      FINANCIAL YEAR RESULTS DIVIDENDS PAYMENT
      ON WBD FOODS ORDINARY NOMINAL SHARES BE
      ANNOUNCED, IN THE DIVIDEND AMOUNT OF 3
      (THREE) RUBLES 18 KOP
10    DISTRIBUTION OF THE PROFIT (INCLUDING     For       Did Not    Management
      PAYMENT/DECLARATION OF DIVIDENDS) AND               Vote
      LOSSES OF WBD FOODS OJSC. THAT THE
      FOLLOWING TERMS AND CONDITIONS OF
      DIVIDENDS PAYMENT (ANNOUNCEMENT) BE SET:
      4.3.1. METHOD OF DIVIDENDS PAYMENT CASH;
      4.3.2. TERM OF DIVIDEND PAY
11    APPROVAL OF ERNST & YOUNG LLC AS WBD      For       Did Not    Management
      FOODS OJSC AUDITOR FOR 2007.                        Vote
12    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: BRANIS, ALEXANDER               Vote
      MARKOVICH
13    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: MAZALOV, IVAN                   Vote
      NIKOLAEVICH
14    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: FIL KIN ROMAN                   Vote
      ALEXEEVICH
15    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: STATSENKO, SERGEY               Vote
      OLEGOVICH
16    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: IVASHKOVSKY, SERGEY             Vote
      STANISLAVOVICH
17    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: DE SELLIERS, GUY                Vote
18    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: DUBININ, MIKHAIL                Vote
      VLADIMIROVICH
19    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: O NEILL, MICHAEL                Vote
20    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: ORLOV, ALEXANDER                Vote
      SERGEEVICH
21    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: PLASTININ, SERGEI               Vote
      ARKADIEVICH
22    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: TUTELYAN, VIKTOR                Vote
      ALEKSANDROVICH
23    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: SHERBAK, VLADIMIR               Vote
      NIKOLAEVICH
24    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: YUSHVAEV, GAVRIL                Vote
      ABRAMOVICH
25    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: LAKOBACHVILI, DAVID             Vote
26    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: YASIN, EVGENY                   Vote
      GRIGORIEVICH
27    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: TIPTON, E. LINWOOD              Vote
      (TIP)
28    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: KOSTIKOV, IGOR                  Vote
      VLADIMIROVICH
29    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: NOTKIN, BORIS                   Vote
      ISAEVICH
30    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: SKOPINOV, VICTOR                Vote
      GRIGORIEVICH
31    ELECTION OF THE MEMBER OF WBD FOODS OJSC  None      Did Not    Management
      BOARD OF DIRECTORS: VINCENT, JACQUES                Vote
32    ELECTION OF THE MEMBER OF WBD FOODS OJSC  For       Did Not    Management
      AUDITING COMMISSION LESHKINA, IRINA                 Vote
      NIKOLAEVNA
33    ELECTION OF THE MEMBER OF WBD FOODS OJSC  For       Did Not    Management
      AUDITING COMMISSION: LVANOVA, OLGA                  Vote
      SERGEEVNA
34    ELECTION OF THE MEMBER OF WBD FOODS OJSC  For       Did Not    Management
      AUDITING COMMISSION: KOLESNKOVA, NATALYA            Vote
      NILKOLAEVNA
35    ELECTION OF THE MEMBER OF WBD FOODS OJSC  For       Did Not    Management
      AUDITING COMMISSION: DZHEMELINSKAYA,                Vote
      VICTORIA VALERIEVNA
36    ELECTION OF THE MEMBER OF WBD FOODS OJSC  For       Did Not    Management
      AUDITING COMMISSION: DAVIDIUK, ALEXANDER            Vote
      ANATOLIEVICH
37    ELECTION OF THE MEMBER OF WBD FOODS OJSC  For       Did Not    Management
      AUDITING COMMISSION: NAZAROVA, TATIANA              Vote
      ANATOLIEVNA
38    ELECTION OF THE MEMBER OF WBD FOODS OJSC  For       Did Not    Management
      AUDITING COMMISSION: GAVRILENKO, LASYA              Vote
      MIKHAILOVNA


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

ZENTIVA NV

Ticker:                      Security ID:  NL0000405173
Meeting Date: JUN 6, 2007    Meeting Type: Annual
Record Date:  MAY 30, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Announcements (non-voting)        None      None       Management
3.1   Discusion and Approval of the Financial   For       For        Management
      Statements and Statutory Reports
3.2   Receive Report of Management Board        None      None       Management
4     Discussion and Approval Company's         For       Against    Management
      Corporate Governance Structure
5.1   Approve Discharge of Directors A          For       For        Management
5.2   Approve Discharge of Directors B          For       For        Management
6     Receive Explanation on Company's Reserves None      None       Management
      and Dividend Policy
7     Approve Dividends                         For       For        Management
8     Elect Bulent Eczacibasi as Director B     For       For        Management
9     Approve Remuneration Report Containing    For       Abstain    Management
      Remuneration Policy for Directors A
10    Approve Remuneration of Directors B       For       Abstain    Management
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Discussion of the Employee Stock Option   None      None       Management
      Plan
13    Ratify Auditors                           For       For        Management
14    Close Meeting                             None      None       Management
========== END NPX REPORT



                                   SIGNATURES

     Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

(Registrant): Morgan Stanley Eastern Europe Fund, Inc.
              ----------------------------------------

By (Signature and Title):


                                      /s/ Ronald E. Robison
                 ---------------------------------------------------------------
                 President and Principal Executive Officer - Office of the Funds

Date August 28, 2007


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