UNITED STATES
                             SECURITIES AND EXCHANGE COMMISSION
                                    Washington, DC 20549

                                         FORM N-PX

      ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY



Investment Company Act file number:                     811-07657

Exact name of registrant as specified in charter:       Oppenheimer Developing
                                                        Markets Fund

Address of principal executive offices:                 6803 South Tucson Way
                                                        Centennial, CO 80112

Name and address of agent for service:                  Two World Financial Center
                                                        225 Liberty Street
                                                        New York, NY 10281-1008

Registrant's telephone number, including area code:     303-768-3200

Date of fiscal year end:                                8/31

Date of reporting period:                               07/01/2004-06/30/2005

Item 1.           Proxy Voting Record




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

ICA File Number: 811-07657
Reporting Period: 07/01/2004 - 06/30/2005
Oppenheimer Developing Markets Fund









===================== OPPENHEIMER DEVELOPING MARKETS FUND ======================


AKSIGORTA

Ticker:                      Security ID:  TRAAKGRT91O5
Meeting Date: MAR 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Accept Financial Statements and           For       Did Not    Management
      Allocation of Income                                Vote
5     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
6     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
7     Elect Directors and Internal Auditors,    For       Did Not    Management
      and Determine Their Terms of Office                 Vote
8     Approve Independent External Auditors     For       Did Not    Management
                                                          Vote
9     Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose


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ALL AMERICA LATINA LOGISTICASA ALL AMERICA LAT  BRASIL

Ticker:                      Security ID:  BRALLLACNPR3
Meeting Date: NOV 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Alexandre Behring Costa as          For       Did Not    Management
      Co-Chairman to the Mangement Board                  Vote
2     Elect New Director to the Management      For       Did Not    Management
      Board                                               Vote
3     Approve Conversion of Shares Purchased in For       Did Not    Management
      the Market into Preferred Shares, or of             Vote
      an Equal Number of Preferred Shares
      Registered as Direct Investments Held by
      Foreign Investors, into Common Shares
4     Approve Creation of Audit Committee and   For       Did Not    Management
      Amend Bylaws Accordingly                            Vote
5     Approve Remuneration of Finance Committee For       Did Not    Management
      Members                                             Vote


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AMOREPACIFIC CORP. (FORMERLY PACIFIC CORP)

Ticker:                      Security ID:  KR7002790004
Meeting Date: FEB 28, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 2400 Per Common Share
2     Amend Articles of Incorporation to Delete For       For        Management
      Items from Business Objectives Clause
3     Elect Directors                           For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors


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AMTEK AUTO LTD

Ticker:                      Security ID:  INE130C01021
Meeting Date: MAR 24, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of 4.8 Million Shares    For       For        Management
      for Private Placement


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AMTEK AUTO LTD

Ticker:                      Security ID:  INE130C01021
Meeting Date: MAY 20, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
2     Approve Increase in Borrowing Powers      For       Against    Management


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ANGLO AMERICAN PLATINUM CORP. LTD.

Ticker:                      Security ID:  ZAE000013181
Meeting Date: MAR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended December 31, 2004
2     Reelect D.D. Barber as Director Appointed For       For        Management
      During the Year
3     Reelect C.B. Brayshaw as Director         For       For        Management
4     Reelect J.M. Halhead as Director          For       For        Management
      Appointed During the Year
5     Reelect S.E. Jonah as Director Appointed  For       For        Management
      During the Year
6     Reelect A.E. Redman as Director Appointed For       For        Management
      During the Year
7     Reelect A.J. Trahar as Director           For       Against    Management
8     Reelect D.G. Wanbladas Director Appointed For       For        Management
      During the Year
9     Reelect A.I. Wood as Director             For       For        Management
10    Ratify Deloitte and Touche as Auditors    For       For        Management
11    Amend Articles of Association Re:         For       For        Management
      Unclaimed Dividends
12    Change the Name of the Company to Anglo   For       For        Management
      Platinum Ltd.
13    Amend Articles of Association Re:         For       For        Management
      Authorizing Communication by Electronic
      Medium
14    Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
15    Approve Remuneration of Directors         For       For        Management
16    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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ASIAN PAINTS (INDIA) LTD.

Ticker:                      Security ID:  INE021A01018
Meeting Date: JUN 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 9.5 Per Share    For       For        Management
3     Reappoint T. Vakil as Director            For       For        Management
4     Reappoint D. Basu as Director             For       For        Management
5     Reappoint D. Satwalekar as Director       For       For        Management
6     Approve Shah & Co. as Auditors and        For       For        Management
      Authorize Board to Fix Their Remuneration
7     Approve Commission Remuneration of A.C.   For       For        Management
      Choksi, Executive Director
8     Approve Commission Remuneration of A.S.   For       For        Management
      Dani, Executive Director
9     Approve Commission Remuneration of A.A.   For       For        Management
      Vakil, Managing Director
10    Approve Terms of Appointment of M.A.      For       For        Management
      Dani, Manager-Quality Support
11    Approve Terms of Appointment of J.A.      For       For        Management
      Dani, President-International Business
      Unit
12    Approve Terms of Appointment of M.M.      For       For        Management
      Choksi, Chief-Corporate Strategy & CIO
13    Approve Terms of Appointment of N.A.      For       For        Management
      Vakil, Finance Executive


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ASIAN PAINTS (INDIA) LTD.

Ticker:                      Security ID:  INE021A01018
Meeting Date: MAY 14, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Company Name to Asian Paints       For       For        Management
      Limited


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BAJAJ AUTO LTD.

Ticker:                      Security ID:  INE118A01012
Meeting Date: JUL 31, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 25 Per Share     For       For        Management
3     Reappoint K.R. Podar as Director          For       For        Management
4     Reappoint J.N. Godrej as Director         For       For        Management
5     Reappoint S. Bajaj as Director            For       For        Management
6     Approve Dalal & Shah as Auditors and      For       For        Management
      Authorize Board to Fix Their Remuneration


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BANCO BRADESCO S.A.

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

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


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BANCO LATINOAMERICANO DE EXPORTACIONES

Ticker:       BLX            Security ID:  P16994132
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  MAR 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE BANK S AUDITED FINANCIAL  For       For        Management
      STATEMENTS FOR THE FISCAL YEAR ENDED
      DECEMBER 31, 2004.
2     Ratify Auditors                           For       For        Management
3.1   Elect  Director Mario Covo                For       For        Management


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BANK LEUMI LE-ISRAEL

Ticker:                      Security ID:  IL0006046119
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  JUN 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports (Voting)
2     Reelect I. Hoffi as External Director     For       For        Management
3a    Elect R. Guzman as Director               For       For        Management
3b    Elect Y. Mashal as Director               For       For        Management
3c    Elect Z. Koren as Director                For       For        Management
4     Approve Compensation of Directors         For       For        Management
5     Approve Kost Forer Gabbay & Kasierer and  For       For        Management
      Somekh Chaikin as Joint Auditors and
      Authorize Board to Fix Their Remuneration
6a    Amend Articles of Association             For       For        Management
6b    Amend Articles of Association             For       For        Management
6c    Amend Articles of Association             For       For        Management
6d    Amend Articles of Association             For       For        Management
6e    Amend Articles of Association             For       For        Management
6f    Amend Articles of Association             For       Against    Management
6g    Amend Articles of Association             For       For        Management
7     Approve Resolutions Concerning Approval   For       For        Management
      of Holding of Positions and Disclosure by
      Officers
8     Approve Bonus for Board Chairman Eitan    For       Against    Management
      Raff
9     Renew Director/Officer Liability and      For       Against    Management
      Indemnification Insurance


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BENQ CORPORATION

Ticker:       ACMUZ          Security ID:  TW0002352002
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      Did Not    Management
      Results                                             Vote
1.2   Receive Supervisors' Report               None      Did Not    Management
                                                          Vote
1.3   Receive Report on Mergers and Acquisition None      Did Not    Management
                                                          Vote
1.4   Receive Report on the Issuance of         None      Did Not    Management
      Unsecured Corporate Bond                            Vote
1.5   Receive Report on the Indirect Investment None      Did Not    Management
      to China                                            Vote
1.6   Receive Other Reports                     None      Did Not    Management
                                                          Vote
2.1   Elect Li Kun-Yao as Director with ID No.  For       Did Not    Management
      K101577037                                          Vote
2.2   Elect Shi Zhen-Rong as Independent        For       Did Not    Management
      Director with ID No. N100407449                     Vote
2.3   Elect Li Hsi-Hwa as Director with ID No.  For       Did Not    Management
      Q103028522                                          Vote
2.4   Elect Chen Hsuen-Bin as Director with ID  For       Did Not    Management
      No. J101514119                                      Vote
2.5   Elect Wang Wen-Chan as Director with ID   For       Did Not    Management
      No. N120886099                                      Vote
2.6   Elect Peng Jin-Bin as Director with ID    For       Did Not    Management
      No. J100569889                                      Vote
2.7   Elect Yang Ding-Wuan as Director with ID  For       Did Not    Management
      No. E101549010                                      Vote
2.8   Elect Yang Zhi-Jiang as Supervisor with   For       Did Not    Management
      ID No. A102241840                                   Vote
2.9   Elect Hong Xing-Cheng as Supervisor with  For       Did Not    Management
      ID No. A104125269                                   Vote
3.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
3.2   Approve Allocation of Income and Cash     For       Did Not    Management
      Dividend NTD 1.50 per Share and Stock               Vote
      Dividend of 50 Shares per 1000 Shares,
      and Capitalization of Dividend and
      Employee Profit Sharing
3.3   Amend Articles of Association             For       Did Not    Management
                                                          Vote
3.4   Approve Release of Restrictions of        For       Did Not    Management
      Competitive Activities of Directors                 Vote
4     Other Business                            For       Did Not    Management
                                                          Vote


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BHARAT PETROLEUM CORPORATION LTD.

Ticker:                      Security ID:  INE029A01011
Meeting Date: AUG 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 11.50 Per Share  For       For        Management
3     Reappoint A. Sinha as Director            For       For        Management
4     Reappoint S. Radhakrishnan as Director    For       For        Management
5     Reappoint M. Rohatgi as Director          For       For        Management
6     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
7     Appoint A.K. Srivastava as Director       For       For        Management
8     Appoint V.D. Gupta as Director            For       For        Management
9     Appoint P.C. Sen as Director              For       For        Management
10    Appoint A.H. Kalro as Director            For       For        Management


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BIDVEST GROUP LTD.

Ticker:                      Security ID:  ZAE000050449
Meeting Date: NOV 17, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2     Approve Remuneration of Directors         For       For        Management
3     Ratify Reappointment of KPMG as Auditors  For       For        Management
4     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital
5     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
6     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
7     Approve Cash Payment to Shareholders by   For       For        Management
      Way of Reduction of Share Premium Account
8.1   Reelect L.G. Boyle as Director            For       For        Management
8.2   Reelect L.I. Chimes as Director           For       For        Management
8.3   Reelect M. Chipkin as Director            For       For        Management
8.4   Reelect A.M. Griffith as Director         For       For        Management
8.5   Reelect B. Joffe as Director              For       For        Management
8.6   Reelect P. Nyman as Director              For       Against    Management
8.7   Reelect J.L. Pamensky as Director         For       For        Management
8.8   Reelect T.H. Reitman as Director          For       For        Management
8.9   Reelect C.E. Singer as Director           For       For        Management
9.1   Reelect D.D.B. Band as Director Appointed For       For        Management
      During the Year
9.2   Reelect F.J. Barnes as Director Appointed For       For        Management
      During the Year
9.3   Reelect B.L. Berson as Director Appointed For       For        Management
      During the Year
9.4   Reelect N. Cassim as Director Appointed   For       For        Management
      During the Year
9.5   Reelect A.A. Da Costa as Director         For       For        Management
      Appointed During the Year
9.6   Reelect M.B.N. Dube as Director Appointed For       For        Management
      During the Year
9.7   Reelect R.M. Kunene as Director Appointed For       For        Management
      During the Year
9.8   Reelect L.I. Jacobs as Director Appointed For       For        Management
      During the Year
9.9   Reelect B.E. Moffat as Director Appointed For       For        Management
      During the Year
9.10  Reelect S.G. Pretorius as Director        For       For        Management
      Appointed During the Year
9.11  Reelect M.C. Ramaphosa as Director        For       For        Management
      Appointed During the Year


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CATHAY FINANCIAL HOLDING COMPANY

Ticker:                      Security ID:  TW0002882008
Meeting Date: JUN 3, 2005    Meeting Type: Annual
Record Date:  APR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2.50 per Share
3.1   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
3.2   Amend Articles of Association             For       Against    Management
4     Other Business                            For       Against    Management


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CEMEX S.A.

Ticker:                      Security ID:  151290889
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PRESENTATION, DISCUSSION AND, IF          For       For        Management
      APPLICABLE, APPROVAL OF THE FINANCIAL
      STATEMENTS FOR THE FISCAL YEAR ENDED
      DECEMBER 31, 2004, AS REQUIRED BY THE
      MEXICAN CORPORATION LAW AND THE
      SECURITIES MARKET LAW, AFTER PRESENTATION
      OF THE REPORTS.
2     PROPOSAL FOR THE ALLOCATION OF PROFITS    For       For        Management
      AND THE MAXIMUM AMOUNT OF FUNDS TO BE
      USED FOR THE PURCHASE OF COMPANY SHARES.
3     PROPOSAL TO INCREASE THE CAPITAL STOCK OF For       For        Management
      THE COMPANY IN ITS VARIABLE PORTION
      THROUGH CAPITALIZATION CHARGED AGAINST
      RETAINED EARNINGS, SUBMITTED FOR
      CONSIDERATION OF THE SHAREHOLDERS AT THE
      MEETING.
4     APPOINTMENT OF DIRECTORS AND STATUTORY    For       For        Management
      AUDITORS, ACCORDING TO THE PROPOSAL OF
      SHAREHOLDERS SUBMITTED FOR CONSIDERATION.
5     COMPENSATION OF DIRECTORS AND STATUTORY   For       For        Management
      AUDITORS, ACCORDING TO THE PROPOSAL OF
      SHAREHOLDERS SUBMITTED FOR CONSIDERATION.
6     APPOINTMENT OF DELEGATES TO FORMALIZE THE For       For        Management
      RESOLUTIONS ADOPTED AT THE MEETING.
7     PROPOSAL TO SPLIT EACH OF THE COMPANY S   For       For        Management
      SERIES  A  AND SERIES  B  SHARES
      CURRENTLY OUTSTANDING INTO TWO NEW SHARES
      OF THE SAME SERIES AND TYPE OF CAPITAL,
      FIXED OR VARIABLE, AND TO AMEND ARTICLE 6
      OF THE COMPANY S BY-LAWS OR ESTATUTOS
      SOCIALES.
8     APPOINTMENT OF DELEGATES TO FORMALIZE THE For       For        Management
      RESOLUTIONS ADOPTED AT THE MEETING.


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CEMIG, COMPANHIA ENERGETICA DE MINAS GERAIS

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

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


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CEMIG, COMPANHIA ENERGETICA DE MINAS GERAIS

Ticker:       CIG            Security ID:  BRCMIGACNPR3
Meeting Date: AUG 20, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Shareholder Proposal: Remove Existing     None      Did Not    Shareholder
      Director; Elect New Management Board                Vote
      Members and Alternates by Cumulative
      Voting


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CEMIG, COMPANHIA ENERGETICA DE MINAS GERAIS

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

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


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COCA-COLA FEMSA S.A.

Ticker:       KOF            Security ID:  191241108
Meeting Date: MAR 8, 2005    Meeting Type: Annual
Record Date:  FEB 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ELECTION OF MEMBERS OF THE BOARD OF       For       For        Management
      DIRECTORS AND EXAMINERS FOR THE 2005
      FISCAL YEAR, AND RESOLUTION WITH RESPECT
      TO THEIR REMUNERATION.
2     SPECIAL APPROVAL OF THE SERIES  L         For       For        Management
      SHAREHOLDERS NOT TO CANCEL THE 98 684,857
      SERIES  L  SHARES, ISSUED BY THE GENERAL
      EXTRAORDINARY MEETING DATED AS OF
      DECEMBER 20, 2002, WHICH WERE NOT
      SUBSCRIBED BY THE SERIES  L  HOLDERS IN
      EXERCISE OF THEIR PRE-EMPTIV


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COMMERCIAL INTERNATIONAL BANK OF EGYPT

Ticker:       CMGJY          Security ID:  US2017122050
Meeting Date: MAR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       For        Management
2     Accept Statutory Report                   For       For        Management
3     Accept Financial Statements               For       For        Management
4     Approve Allocation of Income              For       For        Management
5     Approve Discharge of Board and Determine  For       For        Management
      Their Bonus
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Authorize Board to Make Donations in 2005 For       Against    Management
8     Elect Directors                           For       For        Management
9     Approve Bonus Dtermined by Board for      For       For        Management
      Audit Committee


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COMPANHIA SIDERURGICA NACIONAL (CSN)

Ticker:       SID            Security ID:  20440W105
Meeting Date: APR 29, 2005   Meeting Type: Special
Record Date:  MAR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     CHANGE THE COMPANY BY-LAWS IN ORDER TO    For       Against    Management
      CREATE THE AUDIT COMMITTEE.
2     EXAMINATION, DISCUSSION AND APPROVAL OF   For       For        Management
      THE ACCOUNTS RENDERED BY THE COMPANY S
      OFFICERS.
3     RATIFICATION OF THE DISTRIBUTION OF       For       For        Management
      INTERMEDIARY DIVIDENDS IN THE AMOUNT OF
      R$35,000,000.00 APPROVED BY THE BOARD OF
      DIRECTORS ON JUNE 14, 2004.
4     DELIBERATION ON THE MANAGEMENT PROPOSAL   For       For        Management
      REGARDING THE ALLOCATION OF THE NET
      PROFIT OF THE FISCAL YEAR OF 2004.
5     ELECTION OF THE MEMBERS OF THE BOARD OF   For       For        Management
      DIRECTORS.
6     APPROVAL OF THE GLOBAL REMUNERATION TO    For       For        Management
      THE MANAGEMENT IN THE AMOUNT OF UP TO
      R$30,000,000.00.


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COMPANHIA VALE DO RIO DOCE

Ticker:       RIO.PR         Security ID:  204412100
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPRECIATION OF THE MANAGEMENT S REPORT   For       For        Management
      AND ANALYSIS, DISCUSSION AND VOTE ON THE
      FINANCIAL STATEMENTS FOR THE FISCAL YEAR
      ENDING DECEMBER 31, 2004.
2     PROPOSAL FOR THE DESTINATION OF THE       For       For        Management
      PROFITS OF THE SAID FISCAL YEAR AND
      APPROVAL OF THE INVESTMENT BUDGET OF THE
      COMPANY.
3     ELECTION OF THE MEMBERS OF THE BOARD OF   For       For        Management
      DIRECTORS.
4     ELECTION OF THE MEMBERS OF THE FISCAL     For       For        Management
      COUNCIL.
5     ESTABLISHMENT OF THE REMUNERATION OF THE  For       For        Management
      SENIOR MANAGEMENT AND FISCAL COUNCIL
      MEMBERS.
6     PROPOSAL FOR THE INCREASE OF CAPITAL, VIA For       For        Management
      CAPITALIZATION OF RESERVES, WITHOUT ISSUE
      OF SHARES, AND WITH THE CONSEQUENT
      ALTERATION OF THE MAIN SECTION OF ARTICLE
      5 OF THE COMPANY BYLAWS.
7     NEW VERSION OF CVRD S DIVIDEND POLICY.    For       For        Management


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

COMPANHIA VALE DO RIO DOCE

Ticker:       RIO.PR         Security ID:  204412100
Meeting Date: AUG 18, 2004   Meeting Type: Special
Record Date:  JUL 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     DELIBERATION OF THE PROPOSAL FOR A        For       For        Management
      FORWARD SPLIT OF SHARES ISSUED BY THE
      COMPANY, SO THAT EACH COMMON OR PREFERRED
      SHARE ISSUED BY THE COMPANY WILL BE
      REPRESENTED BY THREE SHARES OF THE SAME
      TYPE AND CLASS, AND THE CONSEQUENT
      ALTERATIONS OF ARTICLES 5 AN
2     ELECTION, BY HOLDERS OF PREFERRED CLASS   For       For        Management
      A  SHARES, OF ONE MEMBER AND HIS
      ALTERNATE FOR THE COMPANY S FISCAL
      COUNCIL, DUE TO THE RESIGNATION OF THE
      FISCAL COUNCIL MEMBERS ELECTED BY THIS
      CLASS OF SHARES, AS WELL AS THE ELECTION
      BY THE COMMON SHAREHOLDERS
3     RECTIFICATION OF THE TOTAL ANNUAL         For       For        Management
      COMPENSATION OF THE MEMBERS OF THE
      COMPANY S MANAGEMENT FIXED BY THE
      ORDINARY GENERAL SHAREHOLDERS MEETING
      HELD ON APRIL 28, 2004.


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

COMPANIA DE MINAS BUENAVENTURA S.A.

Ticker:       BVN            Security ID:  204448104
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE ANNUAL REPORT, BALANCE    For       For        Management
      SHEET, PROFIT AND LOSS STATEMENT AND
      OTHER FINANCIAL STATEMENTS OF THE YEAR
      ENDED DECEMBER 31, 2004.
2     DELEGATION TO THE AUDIT COMMITTEE OF THE  For       For        Management
      DESIGNATION OF THE EXTERNAL AUDITORS FOR
      THE YEAR 2005.
3     DISTRIBUTION OF DIVIDENDS.                For       For        Management
4     AMENDMENT TO THE ARTICLE 33 OF THE        For       For        Management
      COMPANY S BY-LAWS IN ORDER TO HOLD
      VIRTUAL MEETINGS.
5     ELECTION OF THE BOARD OF DIRECTORS FOR    For       For        Management
      THE PERIOD 2005-2007.


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

CORPORACION GEO S A DE CV

Ticker:                      Security ID:  MXP3142C1177
Meeting Date: APR 22, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Compliance with        For       Against    Management
      Corporate Governance Guidelines
2     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
3     Approve Minutes of Meeting                For       For        Management


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

CORPORACION GEO S A DE CV

Ticker:                      Security ID:  MXP3142C1177
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Present Financial Statements and          For       For        Management
      Statutory Reports Including Audit
      Committee's Report for Fiscal Year Ended
      12-31-04
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Discharge of Management           For       For        Management
4     Approve Allocation of Income              For       For        Management
5     Set Aggregate Nominal Amount of Share     For       For        Management
      Repurchase Reserve
6     Elect Directors, Supervisory Board, and   For       For        Management
      Board Secretary
7     Approve Remuneration of Directors,        For       For        Management
      Supervisory Board, and Board Secretary
8     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
9     Approve Minutes of Meeting                For       For        Management


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

CORPORACION INTERAMERICANA DE ENTRETENIMIENTO, S.A.

Ticker:                      Security ID:  MXP201161017
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board of Directors' Report         For       For        Management
2     Accept Supervisory Board's Report         For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Set Aggregate Nominal Amount of Share     For       For        Management
      Repurchase Reserve
5     Elect Directors and Approve Their         For       For        Management
      Remuneration
6     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


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

CORPORACION INTERAMERICANA DE ENTRETENIMIENTO, S.A.

Ticker:                      Security ID:  MXP201161017
Meeting Date: MAY 27, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve MNX 50 Million Increase in        For       For        Management
      Variable Capital Through Issuance of 50
      Million Class CIE BII Shares of Nominal
      Vaue of MXN 22 Per Share
2     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


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

COURTS SINGAPORE LTD.

Ticker:                      Security ID:  SG1A42000723
Meeting Date: JUL 9, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.0132 Per  For       For        Management
      Share
3     Declare Special Dividend of SGD 0.1243    For       For        Management
      Per Share
4     Approve Directors' Fees of SGD 90,000 for For       For        Management
      the Year Ended Mar. 31, 2004
5     Reelect Terence Donald O'Connor as        For       For        Management
      Director
6     Reelect Teo Tong How as Director          For       For        Management
7     Reelect Tan Swan Jeng as Director         For       For        Management
8     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
9     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
10    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Share Option
      Scheme
11    Other Business (Voting)                   For       For        Management


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

COURTS SINGAPORE LTD.

Ticker:                      Security ID:  SG1A42000723
Meeting Date: JUL 9, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association             For       For        Management


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

CYRELA BRAZIL REALTY (FORMERLY BRAZIL REALTY SA EMPREENDIMEN

Ticker:       BZEPY          Security ID:  BRCYREACNPR4
Meeting Date: MAY 25, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Ratify Risk Assessment Companies for the  For       Did Not    Management
      Appraisal of the Company and Cyrela                 Vote
      Vancouver Empreendimentos Imobiliarios
      Ltda.
2     Ratify the Respective Appraisal Reports   For       Did Not    Management
                                                          Vote
3     Approve Incorporation and Justification   For       Did Not    Management
      Protocol, Containing all the Terms,                 Vote
      Conditions and Necessary Information for
      the Evaluation of the Proposed
      Incorporation
4     Approve Incorporation of Cyrela Vancouver For       Did Not    Management
      by the Company  within the Terms of the             Vote
      Incorporation and Justification Protocol
5     Approve Increase in the Company's Capital For       Did Not    Management
      Through the Issuance  of Common Shares in           Vote
      Favor of Holders of Quotas of Cyrela's
      Capital, Which Will be Cancelled
      Following the Incorporation
6     Approve Increase in Authorized Capital    For       Did Not    Management
      Limit                                               Vote
7     Amend Art. 11 Re: Conversion of Preferred For       Did Not    Management
      Shares into Common Shares and; Approve              Vote
      the Conversion of all of the Company's
      Preferred Shares into Common Shares, in
      the Proportion of One Common Share for
      Every Preferred Share, with the Right of
      Withdrawl
8     Elect Two New Members to the Board of     For       Did Not    Management
      Directors                                           Vote
9     Approve Listing of the Company's Shares   For       Did Not    Management
      in Bovespa's Novo  Mercado and Approve              Vote
      the Participation Contract Entered into
      with Bovespa
10    Amend Company Bylaws Re: Change in the    For       Did Not    Management
      Company's Capital and in the Authorized             Vote
      Capital Limit, as well as the Conversion
      of Shares and Adaptation to Novo Mercado
      Listing


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

DAIRY FARM INTERNATIONAL

Ticker:                      Security ID:  BMG2624N1535
Meeting Date: MAY 4, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Provisions of the Deed of Trust to  For       For        Management
      Establish a New Employee Share Option
      Plan


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

DAIRY FARM INTERNATIONAL

Ticker:                      Security ID:  BMG2624N1535
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2a    Reelect George C G Koo as Director        For       For        Management
2b    Reelect Howard Mowlem as Director         For       For        Management
2c    Reelect Owen Price as Director            For       For        Management
2d    Reelect James Riley as Director           For       Against    Management
3     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
4     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
5     Authorize Share Repurchase Program        For       For        Management


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

DANUBIUS HOTEL GROUP( FORMERLY DANUBIUS SZALL ES GYOGYUD. RT

Ticker:                      Security ID:  HU0000074067
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Approve Board of Directors Report         For       For        Management
1.2   Approve Auditor's Report                  For       For        Management
1.3   Approve Supervisory Board Report          For       For        Management
2     Approve Allocation of Income              For       For        Management
3     Receive Report on 2005 Business           For       For        Management
      Objectives
4     Elect Board of Directors                  For       For        Management
5     Elect Supervisory Board                   For       For        Management
6     Amend Articles of Association Re: Require For       For        Management
      Shareholders to Register between Five and
      Ten Business Days Prior to Meeting;
      Modify List of Members of Supervisory
      Board
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
8     Approve Remuneration of Board of          For       For        Management
      Directors and Supervisory Board


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

DIAGNOSTICOS DA AMERICA SA

Ticker:                      Security ID:  BRDASAACNOR1
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:

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


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

DIVI'S LABORATORIES LIMITED

Ticker:                      Security ID:  INE361B01016
Meeting Date: AUG 9, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 8 Per Share      For       For        Management
3     Reappoint P.G. Rao as Director            For       For        Management
4     Reappoint K. Satyanarayana as Director    For       For        Management
5     Approve P.V.R.K. Nageswara Rao & Co. as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Appoint S. Vasudev as Director            For       For        Management
7a    Approve Remuneration of M.K. Divi,        For       For        Management
      Managing Director
7b    Approve Reappointment and Remuneration of For       For        Management
      M.K. Divi, Managing Director
8a    Approve Remuneration of N.V. Ramana,      For       For        Management
      Executive Director
8b    Approve Reappointment and Remuneration of For       For        Management
      N.V. Ramana, Executive Director


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

DIVI'S LABORATORIES LIMITED

Ticker:                      Security ID:  INE361B01016
Meeting Date: MAR 16, 2005   Meeting Type: Special
Record Date:  FEB 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in Limit on Foreign      For       For        Management
      Shareholdings to 30 Percent


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

DR. REDDY'S LABORATORIES

Ticker:       DRRDY          Security ID:  INE089A01023
Meeting Date: JUL 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 5 Per Share      For       For        Management
3     Approve Retirement of P. Satyanarayana    For       For        Management
      Rao as Director
4     Reappoint A. Puri as Director             For       For        Management
5     Approve Bharat S. Raut & Co. as Auditors  For       For        Management
      and Authorize Board to Fix Their
      Remuneration
6     Approve Issuance of Shares Pursuant to    For       Against    Management
      the Employee Stock Option Scheme
7     Amend Employee Stock Option Scheme        For       Against    Management
8     Amend Articles Re: Provision to Authorize For       For        Management
      Share Repurchase


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

EASTERN COMPANY

Ticker:                      Security ID:  EGS37091C013
Meeting Date: APR 23, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 2005-2006 Budget                  For       For        Management


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

EASTERN COMPANY

Ticker:                      Security ID:  EGS37091C013
Meeting Date: OCT 4, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       For        Management
2     Accept Statutory and Central Accounting   For       For        Management
      Agency Reports
3     Accept Financial Statements               For       For        Management
4     Approve Discharge of Board                For       For        Management
5     Approve Periodical Bonus Paid Out to      For       For        Management
      Employees


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

ELETROPAULO METROPOLITANA (FRMRL.ELETRICIDADE DE SAO PAULO)

Ticker:                      Security ID:  BRELPLACNPR6
Meeting Date: JUN 17, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors                           For       Did Not    Management
                                                          Vote


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

EMBRAER, EMPRESA BRASILEIRA DE AERONAUTICA

Ticker:                      Security ID:  BREMBRACNOR4
Meeting Date: APR 18, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
4     Elect Members to the Board of Directors   For       Did Not    Management
                                                          Vote
5     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members and Aggregate Annual Remuneration           Vote
      for Directors
6     Authorize Capitalization of Reserves,     For       Did Not    Management
      Without Issuance of  Shares; Amend Art. 5           Vote
      in Light of Capitalization of Reserve and
      of the Ratification of the New Capital
      Arising from the Exercise of Options to
      Purchase Preferred Shares
7     Amend Arts. 12, 15, 19, 20 and Art. 25    For       Did Not    Management
                                                          Vote
8     Consolidate Bylaws                        For       Did Not    Management
                                                          Vote


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

FLEXTRONICS SOFTWARE SYSTEMS (FRMRLY. HUGHES SOFTWARE)

Ticker:                      Security ID:  INE801A01021
Meeting Date: JAN 24, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Company Name to Flextronics        For       For        Management
      Software Systems Ltd


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

FLEXTRONICS SOFTWARE SYSTEMS (FRMRLY. HUGHES SOFTWARE)

Ticker:                      Security ID:  INE801A01021
Meeting Date: JAN 24, 2005   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption              For       For        Management


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

FLEXTRONICS SOFTWARE SYSTEMS (FRMRLY. HUGHES SOFTWARE)

Ticker:                      Security ID:  INE801A01021
Meeting Date: JUN 3, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Voluntary Delisting of Company    For       For        Management
      Shares


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

FLEXTRONICS SOFTWARE SYSTEMS (FRMRLY. HUGHES SOFTWARE)

Ticker:                      Security ID:  INE801A01021
Meeting Date: SEP 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 2.5 Per Share    For       For        Management
3     Reappoint K.V. Ramani as Director         For       For        Management
4     Reappoint A. Ganguli as Director          For       For        Management
5     Approve Deloitte Haskins and Sells as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Appoint A.K. Bhardwaj as Director         For       For        Management
7     Appoint N.E. Brathwaite as Director       For       For        Management
8     Appoint R. Nilsson as Director            For       For        Management
9     Appoint I.D. Roberston as Director        For       For        Management
10    Approve Commission Remuneration of        For       For        Management
      Non-executive Directors
11    Approve Appointment and Remuneration of   For       For        Management
      M. Mohapatra, Executive Director
12    Approve Appointment and Remuneration of   For       For        Management
      V. Sood, Executive Director
13    Approve Appointment and Remuneration of   For       For        Management
      A. Goyal, Executive Director
14    Approve Appointment and Remuneration of   For       For        Management
      V. Khanna, Executive Director
15    Amend Employee Stock Option Plan          For       For        Management


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

FOLLI-FOLLIE ABEE

Ticker:                      Security ID:  GRS287003016
Meeting Date: JUN 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Discharge of Board and Auditors   For       For        Management
      for 2004
4     Approve Allocation of Income and          For       For        Management
      Dividends
5     Approve One Principal and One Substitute  For       For        Management
      Auditor and Authorize Board to Fix Their
      Remuneration
6     Approve Remuneration of Directors for     For       For        Management
      2004, and Preapproval of Directors'
      Remuneration for 2005
7     Other Business (Non-Voting)               None      None       Management


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

FOMENTO ECONOMICO MEXICANO S.A. (FEMSA)

Ticker:                      Security ID:  344419106
Meeting Date: MAR 10, 2005   Meeting Type: Annual
Record Date:  FEB 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     REPORT OF THE BOARD OF DIRECTORS;         For       For        Management
      PRESENTATION OF THE FINANCIAL STATEMENTS
      OF FOMENTO ECONOMICO MEXICANO, S.A. DE
      C.V., FOR THE 2004 FISCAL YEAR, AND THE
      REPORT OF THE EXAMINER PURSUANT TO
      ARTICLE 172 OF THE GENERAL LAW OF
      COMMERCIAL COMPANIES AND THE AP
2     APPLICATION OF THE RESULTS FOR THE 2004   For       Against    Management
      FISCAL YEAR, INCLUDING THE PAYMENT OF A
      CASH DIVIDEND, IN MEXICAN PESOS.
3     PROPOSAL TO DETERMINE THE MAXIMUM AMOUNT  For       For        Management
      TO BE USED IN THE SHARE REPURCHASE
      PROGRAM.
4     ELECTION OF MEMBERS OF THE BOARD OF       For       For        Management
      DIRECTORS AND EXAMINERS, AND RESOLUTION
      WITH RESPECT TO THEIR REMUNERATION.
5     APPOINTMENT OF COMMITTEES.                For       For        Management
6     APPOINTMENT OF DELEGATES FOR THE          For       For        Management
      SHAREHOLDERS  MEETING.
7     MINUTES OF THE SHAREHOLDERS  MEETING.     For       For        Management


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

FUBON FINANCIAL HOLDING

Ticker:                      Security ID:  TW0002881000
Meeting Date: JUN 3, 2005    Meeting Type: Annual
Record Date:  APR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1.70 per Share
3     Elect 11 Directors and Three Supervisors  For       For        Management
4     Other Business                            For       Against    Management


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

GAIL INDIA LTD (FORMERLY GAS AUTHORITY OF INDIA LIMITED)

Ticker:       GAYIY          Security ID:  INE129A01019
Meeting Date: SEP 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 8.00 Per Share   For       For        Management
3     Reappoint J.K. Jain as Director           For       For        Management
4     Reappoint S.P. Rao as Director            For       For        Management
5     Reappoint B.S. Negi as Director           For       For        Management
6     Appoint S. Mann & Co. as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
7     Appoint A.K. Srivastava as Director       For       For        Management
8     Approve Appointment and Remuneration of   For       For        Management
      U.D. Choubey, Executive Director
9     Approve Transfer of Register of Members,  For       For        Management
      Documents and Certificates to Share
      Registrars


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

GRUPO FINANCIERO BANORTE S.A.

Ticker:                      Security ID:  MXP370711014
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Fiscal Year Ended 12-31-04;
      Accept Report from Supervisory Board and
      Audit Committee
2     Approve Allocation of Income              For       For        Management
3     Elect Members to the Board of Directors   For       For        Management
      and Supervisory Board
4     Approve Remuneration of Directors and     For       For        Management
      Supervisory Board Members
5     Accept Director's Report on Share         For       For        Management
      Repurchase Plan from 2004; Set Limit for
      Share Repurchase Reserve for 2005
6     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
7     Approve Minutes of Meeting                For       For        Management


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

GRUPO FINANCIERO BANORTE S.A.

Ticker:                      Security ID:  MXP370711014
Meeting Date: OCT 4, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Cash Dividend Distribution        For       Against    Management
2     Designate Shareholder Representatives of  For       For        Management
      Minutes of Meeting
3     Approve Minutes of Meeting                For       For        Management


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

GRUPO FINANCIERO INBURSA S.A. DE C.V.

Ticker:                      Security ID:  MXP370641013
Meeting Date: APR 13, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of the Bylaws              For       Against    Management
2     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


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

GRUPO FINANCIERO INBURSA S.A. DE C.V.

Ticker:                      Security ID:  MXP370641013
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Statutory    For       For        Management
      Reports, Reports from the Board,
      Supervisory Board and Audit Committee for
      Fiscal Year Ended 12-31-2004
2     Approve Allocation of Income              For       For        Management
3     Approve Distribution of Dividends         For       For        Management
4     Elect Directors, Supervisory Board        For       For        Management
      Members, Board Secretary and His/Her
      Respective Alternate
5     Approve Remuneration of Directors,        For       For        Management
      Supervisory Board Members, Board
      Secretary and His/Her Alternate
6     Approve Corporate Practices Committee and For       For        Management
      Audit Committee Members
7     Approve Remuneration of Corporate         For       For        Management
      Practices and Audit Committee
8     Approve Report Re: Share Repurchase       For       For        Management
      Policy and Set Aggregate Nominal Amount
      of Share Repurchase Reserve
9     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


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

GRUPO FINANCIERO INBURSA S.A. DE C.V.

Ticker:                      Security ID:  MXP370641013
Meeting Date: MAY 25, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Proposal to Temporarily Convert   For       For        Management
      Company Shares Into Shares Without
      Nominal Value Expression
2     Approve Spin-Off Agreement                For       For        Management
3     Approve Listing of Shares of Spun Off     For       For        Management
      Company on the Mexican Stock Exchange
4     Amend Articles Accordingly                For       Against    Management
5     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


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

GUOCO GROUP LTD.

Ticker:                      Security ID:  BMG420981224
Meeting Date: OCT 15, 2004   Meeting Type: Annual
Record Date:  OCT 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend                    For       For        Management
3a    Approve Directors' Fees of HK$1.4 Million For       For        Management
      for the Year Ended June 30, 2004
3b1   Reelect Sat Pal Khattar as Director       For       For        Management
3b2   Reelect James Eng as Director             For       For        Management
3b3   Reelect Volker Stoeckel as Director       For       For        Management
4     Appoint KPMG as Auditors and Authorize    For       For        Management
      Board to Fix Their Remuneration
5     Amend Bylaws Re: Update Provisions in     For       For        Management
      Conformance with Changes in the Rules
      Governing the Securities on The Stock
      Exchange of Hong Kong Limited
6a    Approve Repurchase of Issued Capital      For       For        Management
6b    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6c    Authorize Reissuance of Repurchased       For       For        Management
      Shares


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

GUOCO GROUP LTD.

Ticker:                      Security ID:  BMG420981224
Meeting Date: OCT 15, 2004   Meeting Type: Special
Record Date:  OCT 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Continuing Connected Transactions For       For        Management
      with a Related Party
2     Approve Amendments to the Executive Share For       For        Management
      Option Scheme of GuocoLand Ltd. to Allow
      Options Over Existing GuocoLand Ltd.
      Shares
3     Approve Amendments to the Executive Share For       Against    Management
      Option Scheme of GuocoLand Ltd. to Comply
      with the Rules Governing the Listing of
      Securities on The Stock Exchange of Hong
      Kong Ltd.


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

HACI OMER SABANCI HOLDING A.S

Ticker:                      Security ID:  TRASAHOL91Q5
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Approve Financial Statements and          For       Did Not    Management
      Allocation of Income                                Vote
5     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
6     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
7     Elect Internal Auditor to Fill Vacancy    For       Did Not    Management
      and Determine Their Terms of Office and             Vote
      Remuneration
8     Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
9     Amend Article 10                          For       Did Not    Management
                                                          Vote
10    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose


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

HCL TECHNOLOGIES LTD

Ticker:                      Security ID:  INE860A01027
Meeting Date: DEC 17, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Reappoint S. Nadar as Director            For       For        Management
3     Reappoint S. Raman as Director            For       For        Management
4     Reappoint R. Abrams as Director           For       For        Management
5     Approve Price Waterhouse as Auditors and  For       For        Management
      Authorize Board to Fix Their Remuneration
6     Approve Final Dividend of INR 8 Per Share For       For        Management
7     Approve Reappointment and Remuneration of For       For        Management
      S. Nadar, Managing Director
8     Approve Remuneration of Non-executive     For       For        Management
      Directors
9     Approve Stock Option Plan Grants          For       Against    Management
10    Approve Stock Option Plan Grants for      For       Against    Management
      Subsidiaries


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

HCL TECHNOLOGIES LTD

Ticker:                      Security ID:  INE860A01027
Meeting Date: DEC 21, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of 19.4 Million Shares   For       For        Management
      to Deutsche Bank AG


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

HDFC BANK LIMITED

Ticker:                      Security ID:  INE040A01018
Meeting Date: NOV 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


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

HERO HONDA MOTORS LTD.

Ticker:                      Security ID:  INE158A01026
Meeting Date: AUG 17, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividends of INR 10 Per     For       For        Management
      Share and Confirm Interim Dividends of
      INR 10 Per Share
3     Reappoint S. Toshida as Director          For       For        Management
4     Reappoint S. Munjal as Director           For       For        Management
5     Approve Retirement of O.P. Gupta          For       For        Management
6     Approve Retirement of M.P. Wadhawan       For       For        Management
7     Approve A.F. Ferguson & Co. as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
8     Approve Transfer of Certificates,         For       For        Management
      Documents, and List of Shareholders to
      the Registrars and Share Transfer Agents
      of the Company
9     Amend Articles Re: Editorial Changes      For       Against    Management


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

HIGH TECH COMPUTER CORP

Ticker:                      Security ID:  TW0002498003
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      Did Not    Management
      Results of FY 2004                                  Vote
1.2   Receive Supervisors' Report               None      Did Not    Management
                                                          Vote
1.3   Receive Report on Indirect Investments in None      Did Not    Management
      Mainland China                                      Vote
2.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2.2   Approve Allocation of Income and Cash     For       Did Not    Management
      Dividend of NTD 5 per Share and Stock               Vote
      Dividend of 200 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       Did Not    Management
      and Employee Profit Sharing                         Vote
2.4   Amend Articles of Association             For       Did Not    Management
                                                          Vote
3     Other Business                            For       Did Not    Management
                                                          Vote


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

HONGKONG AND SHANGHAI HOTELS LTD.

Ticker:                      Security ID:  HK0045000319
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect Clement K M Kwok as Director      For       For        Management
3b    Reelect William E Mocatta as Director     For       For        Management
3c    Reelect James S Dickson Leach as Director For       For        Management
3d    Reelect Pierre R Boppe as Director        For       For        Management
3e    Reelect Robert W Miller as Director       For       For        Management
4     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares


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

HOUSING DEVELOPMENT FINANCE CORP. LTD.

Ticker:                      Security ID:  INE001A01028
Meeting Date: JUL 19, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 13.5 Per Share   For       For        Management
3     Reappoint K. Mahindra as Director         For       For        Management
4     Reappoint D.M. Sukthankar as Director     For       For        Management
5     Reappoint N.M. Munjee as Director         For       For        Management
6     Reappoint D.M. Satwalekar as Director     For       For        Management
7     Approve S.B. Billimoria & Company as      For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
8     Approve Pannell Kerr Forster as Branch    For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
9     Approve Commission Remuneration of        For       For        Management
      Directors
10    Approve Increase in Borrowing Powers up   For       For        Management
      to INR 50 Billion
11    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


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

HSBC HOLDINGS PLC

Ticker:                      Security ID:  404280406
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE THE REPORT AND ACCOUNTS FOR    For       For        Management
      2004
2.1   Elect  Directors Sir John Bond            For       For        Management
2.2   Elect  Directors R K F Ch'Ien             For       For        Management
2.3   Elect  Directors J D  Coombe              For       For        Management
2.4   Elect  Directors Baroness Dunn            For       For        Management
2.5   Elect  Directors D J Flint                For       For        Management
2.6   Elect  Directors J W J Hughes-Hallett     For       For        Management
2.7   Elect  Directors Sir Brian Moffat         For       For        Management
2.8   Elect  Directors S W  Newton              For       For        Management
2.9   Elect  Directors H Sohmen                 For       For        Management
3     Ratify Auditors                           For       For        Management
4     TO APPROVE THE DIRECTORS  REMUNERATION    For       For        Management
      REPORT FOR 2004
5     TO AUTHORISE THE DIRECTORS TO ALLOT       For       For        Management
      SHARES
6     TO DISPLAY PRE-EMPTION RIGHTS (SPECIAL    For       For        Management
      RESOLUTION)
7     TO AUTHORISE THE COMPANY TO PURCHASE ITS  For       For        Management
      OWN ORDINARY SHARES
8     TO AMEND THE HSBC HOLDINGS                For       For        Management
      SAVINGS-RELATED SHARE OPTION PLAN.
9     TO AMEND THE HSBC HOLDINGS                For       For        Management
      SAVINGS-RELATED SHARE OPTION PLAN:
      INTERNATIONAL
10    TO APPROVE THE HSBC US EMPLOYEE STOCK     For       For        Management
      PLAN
11    TO APPROVE THE HSBC SHARE PLAN            For       For        Management
12    TO ALTER THE ARTICLES OF ASSOCIATION      For       For        Management
      (SPECIAL RESOLUTION)


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

HSBC HOLDINGS PLC

Ticker:                      Security ID:  GB0005405286
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2.a   Re-elect Sir John Bond as Director        For       For        Management
2.b   Re-elect R Ch'ien as Director             For       For        Management
2.c   Re-elect J Coombe as Director             For       For        Management
2.d   Re-elect Baroness Dunn as Director        For       For        Management
2.e   Re-elect D Flint as Director              For       For        Management
2.f   Re-elect J Hughes-Hallet as Director      For       For        Management
2.g   Re-elect Sir Brian Moffat as Director     For       For        Management
2.h   Re-elect S Newton as Director             For       For        Management
2.i   Re-elect H Sohmen as Director             For       For        Management
3     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
4     Approve Remuneration Report               For       For        Management
5     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 100,000 (Preference Shares); USD
      100,000 (Preference Shares); EUR 100,000
      (Preference Shares); and USD
      1,119,000,000 (Oridnary Shares)
6     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 279,750,000
7     Authorise 1,119,000,000 Ordinary Shares   For       For        Management
      for Market Purchase
8     Amend HSBC Holdings Savings-Related Share For       For        Management
      Option Plan
9     Amend HSBC Holdings Savings-Related Share For       For        Management
      Option Plan: International
10    Approve the HSBC US Employee Stock Plan   For       For        Management
11    Approve the HSBC Share Plan               For       For        Management
12    Amend Articles of Association Re:         For       For        Management
      Statutory and Best Practice Changes


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

HYUNDAI AUTONET CO.

Ticker:                      Security ID:  KR7042100008
Meeting Date: DEC 17, 2004   Meeting Type: Special
Record Date:  NOV 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors                           For       For        Management


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

HYUNDAI AUTONET CO.

Ticker:                      Security ID:  KR7042100008
Meeting Date: MAR 25, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 85 Per Share
2     Appoint Auditor                           For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors
4     Approve Limit on Remuneration of Auditors For       For        Management


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

HYUNDAI HEAVY INDUSTRIES

Ticker:                      Security ID:  KR7009540006
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1250 Per Share
2     Amend Articles of Incorporation to Expand For       For        Management
      Permitted Business Objectives
3     Elect Directors                           For       For        Management
4     Elect Members of Audit Committee          For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors


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

ICICI BANK

Ticker:                      Security ID:  INE090A01013
Meeting Date: JAN 24, 2005   Meeting Type: Special
Record Date:  DEC 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Offering of American Depository   For       For        Management
      Shares


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

ICICI BANK

Ticker:                      Security ID:  INE090A01013
Meeting Date: SEP 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividend on Preference Shares     For       For        Management
3     Approve Dividends of INR 7.50 Per         For       For        Management
      Ordinary Share
4     Reappoint U.M. Chitale as Director        For       For        Management
5     Reappoint L.N. Mittal as Director         For       For        Management
6     Reappoint P.M. Sinha                      For       For        Management
7     Appoint S.B. Mathur as Director           For       For        Management
8     Appoint S.R. Batliboi & Co. as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
9     Appoint Branch Auditors and Authorize     For       For        Management
      Board to Fix Their Remuneration
10    Appoint V.P. Watsa as Director            For       For        Management
11    Approve Revision in Remuneration to K.V.  For       For        Management
      Kamath
12    Approve Revision in Remuneration to L.D.  For       For        Management
      Gupte
13    Approve Revision in Remuneration to K.    For       For        Management
      Morparia
14    Approve Revision in Remuneration to C.D.  For       For        Management
      Kochhar
15    Approve Revision in Remuneration to N.    For       For        Management
      Mor
16    Approve Issuance of Shares Pursuant to    For       For        Management
      the Share Option Scheme
17    Approve Issuance of Shares Pursuant to    For       For        Management
      the Share Option Scheme for Subsidiaries


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

IMPALA PLATINUM HOLDINGS LTD.

Ticker:                      Security ID:  ZAE000003554
Meeting Date: OCT 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2.1   Reelect R.S.N. Dabengwa as Director       For       For        Management
      Appointed During the Year
2.2   Reelect K. Mokhele as Director Appointed  For       For        Management
      During the Year
2.3   Reelect N.D.B. Orleyn as Director         For       For        Management
      Appointed During the Year
2.4   Reelect F.J.P. Roux as Director Appointed For       For        Management
      During the Year
2.5   Reelect L.C. van Vught as Director        For       For        Management
      Appointed During the Year
3.1   Reelect C.R. Markus as Director           For       For        Management
3.2   Reelect J.M. McMahon as Director          For       For        Management
3.3   Reelect J.V. Roberts as Director          For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
6     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
7     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


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

INTRALOT SA INTEGRATED LOTTERY (FORMERLY INTRALOT SA)

Ticker:                      Security ID:  GRS343313003
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Discharge of Board and Auditors   For       For        Management
4     Approve One Principal and One Substitute  For       For        Management
      Auditor for 2005
5     Approve Remuneration of Directors for     For       For        Management
      2004; Preapprove Directors' Remuneration
      for 2005
6     Determine Maximum Remuneration Between    For       For        Management
      Company and Board Members In Accordance
      With Greek Company Law
7     Ratify Election of Director in            For       For        Management
      Replacement of Resigned Board Member
8     Authorize Board Members and Managers of   For       For        Management
      the Company to Participate in Boards and
      Management of Similar Companies
9     Approve Share Capital Increase Via        For       For        Management
      Capitalization of Reserves
10    Amend Article 5 to Reflect Changes in     For       For        Management
      Capital
11    Authorize Share Repurchase Program        For       For        Management
12    Approve List of Shareholders From Whom    For       For        Management
      Company Repurchased Shares
13    Approve Stock Option Plan                 For       Against    Management
14    Authorize Issuance of Common Bond Loan    For       For        Management
15    Other Business (Non-Voting)               None      None       Management


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

ITC LTD.

Ticker:                      Security ID:  INE154A01017
Meeting Date: DEC 15, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Memorandum of Association Re:       For       For        Management
      Change in Corporate Purpose
2     Amend Corporate Purpose                   For       For        Management


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

ITC LTD.

Ticker:                      Security ID:  INE154A01017
Meeting Date: JUL 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 20 Per Share     For       For        Management
3     Reappoint Directors                       For       For        Management
4     Approve A.F. Ferguson & Co. as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
5     Appoint S.S. Hahib-ur-Rehman as Director  For       For        Management
6     Approve Remuneration of Executive         For       For        Management
      Directors
7     Amend Stock Option Plan                   For       For        Management
8     Amend Stock Option Plan for Subsidiaries  For       For        Management


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

ITC LTD.

Ticker:                      Security ID:  INE154A01017
Meeting Date: NOV 19, 2004   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Scheme of Amalgamation with Ansal For       For        Management
      Hotels Ltd.


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

JD GROUP LTD.

Ticker:                      Security ID:  ZAE000030771
Meeting Date: FEB 9, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended Aug. 31, 2004
2.1   Reelect I.S. Levy as Director             For       For        Management
2.2   Reelect M. Lock as Director               For       For        Management
2.3   Reelect M.J. Shaw as Director             For       For        Management
2.4   Reelect J.H.C. Kok as Director            For       For        Management
3     Place Authorized but Unissued Shares      For       For        Management
      under Control of Directors
4     Reappoint Deloitte & Touche as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration for the Past Year
5     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
6     Authorize Repurchase of up to 20 Percent  For       For        Management
      of Issued Share Capital


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

JERONIMO MARTINS

Ticker:                      Security ID:  PTJMT0AE0001
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income              For       For        Management
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
4     Approve Discharge of Management and       For       For        Management
      Supervisory Boards
5     Amend Art. 26 of the Bylaws               For       For        Management
6     Approve the Regulation of the Defined     For       For        Management
      Contribution Pension Plan of the
      Company's Executives


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

JOLLIBEE FOODS CORPORATION

Ticker:                      Security ID:  PHY4466S1007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAY 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Call to Order                             For       For        Management
2     Certification by the Corporate Secretary  For       For        Management
      on Notice and Quorum
3     Approve Minutes of Previous Shareholder   For       For        Management
      Meeting
4     Report of the President                   For       For        Management
5     Ratify Actions of the Board of Directors  For       For        Management
      and Officers of the Corporation
6     Approve Amendments of By-Laws Re:         For       For        Management
      Procedure for Nomination and Election of
      Directors
7     Elect Directors                           For       For        Management
8     Appoint Auditors                          For       For        Management
9     Other Business                            For       For        Management
10    Adjournment                               For       For        Management


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

KIATNAKIN FINANCE AND SECURITIES PUBLIC CO LTD

Ticker:                      Security ID:  TH0121010019
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:  MAR 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Approve Liquidation of Rattanatun Finance For       For        Management
      Public Company Limited
4     Acknowledge the Interim Dividend Payment  For       For        Management
5     Acknowledge the Change of the Board of    For       For        Management
      Directors During Year 2004
6     Accept Financial Statements and Statutory For       For        Management
      Reports
7     Approve Allocation of Income and Final    For       For        Management
      Dividend of Baht 1.25 per Share
8     Elect Directors and Fix Their             For       For        Management
      Remuneration
9     Approve PricewaterhouseCoopers ABAS       For       For        Management
      Limited as Auditors and Authorize Board
      to Fix Their Remuneration
10    Accept Report on the Remuneration and     For       For        Management
      Benefits of the Directors and Executive
      Officers
11    Accept Report of the Audit Committee      For       For        Management
12    Other Business                            For       For        Management


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

LARSEN & TOUBRO LTD

Ticker:                      Security ID:  INE018A01030
Meeting Date: SEP 23, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends                         For       For        Management
3     Reappoint A. Ramakrishna as Director      For       For        Management
4     Reappoint K. Venkataramanan as Director   For       For        Management
5     Approve Vacancy on the Board of Directors For       For        Management
      Resulting from Retirement of D.V. Kapur
6     Approve Vacancy on the Board of Directors For       For        Management
      Resulting from Retirement of S.S. Marathe
7     Appoint S.N. Talwar as Director           For       For        Management
8     Appoint A.B. Saharya as Director          For       For        Management
9     Appoint V.K. Magapu as Director           For       For        Management
10    Appoint S. Nath as Director               For       For        Management
11    Appoint U. Sundararajan as Director       For       For        Management
12    Approve Remuneration of Executive         For       For        Management
      Directors
13    Approve Reappointment and Remuneration of For       For        Management
      A.M. Naik, Managing Director
14    Approve Reappointment and Remuneration of For       For        Management
      K. Venkataramanan, Executive Director
15    Approve Appointment and Remuneration of   For       For        Management
      V.K. Magapu, Executive Director
16    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
17    Approve Sharp & Tannan as Auditors and    For       For        Management
      Authorize Board to Fix Their Remuneration


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

LG HOME SHOPPING INC.

Ticker:                      Security ID:  KR7028150001
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 3000 Per Share
2     Amend Articles of Incorporation to Change For       For        Management
      Company Name to GS Home Shopping, Expand
      Business Objectives
3     Elect Directors                           For       For        Management
4     Elect Members of Audit Committee          For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors


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

LITE-ON TECHNOLOGY CORP.

Ticker:       LOTZY          Security ID:  TW0002301009
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Overseas Convertible    None      None       Management
      Corporate Bonds
1.4   Receive Report on the Status of the       None      None       Management
      Employee Profit Sharing
1.5   Receive Other Reports                     None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of 2 per Share and Stock
      Dividend of 20 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       For        Management
2.5   Amend Procedures Governing the            For       For        Management
      Acquisition or Disposal of Assets
3     Other Business                            None      None       Management


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

LOJAS AMERICANAS S.A.

Ticker:                      Security ID:  BRLAMEACNPR6
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
3     Approve Capital Budget for 2005           For       Did Not    Management
                                                          Vote
4     Elect One Director and One Alternate to   For       Did Not    Management
      the Board of Directors                              Vote
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Designate Newspaper to Publish Meeting    For       Did Not    Management
      Announcements                                       Vote


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

MADINET NASR HOUSING & DEVELOPEMENT

Ticker:                      Security ID:  EGS65571C019
Meeting Date: SEP 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       For        Management
2     Accept Statutory Reports                  For       For        Management
3     Accept Financial Statements               For       For        Management
4     Approve Allocation of Income              For       For        Management
5     Authorize Board to Make Donations in 2005 For       Against    Management
      Exceeding LE 1,000
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Approve Attendance Allowances and         For       For        Management
      Transportation Expenses of Directors
8     Approve Discharge of Board                For       For        Management


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

MASSMART HOLDINGS LIMITED

Ticker:                      Security ID:  ZAE000029534
Meeting Date: DEC 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2     Reelect J.C. Hodkinson as Director        For       For        Management
3     Reelect P. Langeni as Director            For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Ratify Reappintment of Deloitte and       For       For        Management
      Touche  as Auditors
6     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
7     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 5
      Percent of Issued Capital
8     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


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

MIDLAND HOLDINGS LTD (FORMERLY MIDLAND REALTY HOLDINGS LTD)

Ticker:                      Security ID:  BMG6104Z1077
Meeting Date: APR 15, 2005   Meeting Type: Special
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Change Company Name to Midland Holdings   For       For        Management
      Ltd.
1b    Adopt the Chinese Name                    For       For        Management
1c    Authorize Board to Do All Acts Necessary  For       For        Management
      to Implement the Change in Company Name
2     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
3     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
4     Authorize Reissuance of Repurchased       For       For        Management
      Shares


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

MIDLAND HOLDINGS LTD (FORMERLY MIDLAND REALTY HOLDINGS LTD)

Ticker:                      Security ID:  BMG6104Z1077
Meeting Date: APR 15, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.123 Per    For       For        Management
      Share
3a    Reelect Cheung Kam Shing as Director      For       For        Management
3b    Reelect Lam Fung Fong as Director         For       For        Management
3c    Reelect Chan Kwan Hing as Director        For       For        Management
3d    Reelect Kwok Ying Lung as Director        For       For        Management
3e    Reelect Koo Fook Sun, Louis as Director   For       For        Management
3f    Reelect Sun Tak Chiu as Director          For       For        Management
3g    Reelect Wang Ching Miao, Wilson as        For       For        Management
      Director
3h    Authorize Board to Fix the Remuneration   For       For        Management
      of Directors
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration


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

MIDLAND HOLDINGS LTD (FORMERLY MIDLAND REALTY HOLDINGS LTD)

Ticker:                      Security ID:  BMG6104Z1077
Meeting Date: JUN 6, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Bylaws Re: Retirement by Rotation   For       For        Management
      of Directors
2     Approve New EVI Share Option Scheme       For       Against    Management


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

NATIONAL THERMAL POWER CORP.

Ticker:                      Security ID:  INE733E01010
Meeting Date: MAY 23, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association Re: Change  For       For        Management
      in Corporate Purpose


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

NATURA COSMETICOS SA, SAO PAULO

Ticker:                      Security ID:  BRNATUACNOR6
Meeting Date: MAR 29, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
3     Elect Board of Directors                  For       Did Not    Management
                                                          Vote
4     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
5     Approve Increase in the Number of         For       Did Not    Management
      Co-Chairmans of the Board to  Three from            Vote
      Two Without Modification in the Number of
      Directors and Amend Art. 18
6     Amend Stock Option Plan                   For       Did Not    Management
                                                          Vote


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

NIIT LTD.

Ticker:                      Security ID:  INE161A01020
Meeting Date: FEB 24, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Convertible Bonds to  For       For        Management
      Intel Capital Corp. for Private Placement


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

NIIT LTD.

Ticker:                      Security ID:  INE161A01020
Meeting Date: MAY 16, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Employee Stock Option Scheme 2005 For       Against    Management
      (ESOP 2005)
2     Authorize ESOP 2005 Participation for     For       Against    Management
      Employees of Subsidiaries


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

NIIT TECHNOLOGIES LTD.

Ticker:                      Security ID:  INE591G01017
Meeting Date: MAY 26, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve NTL Employee Stock Option Scheme  For       Against    Management
      2005 (ESOP 2005)
2     Authorize ESOP 2005 Participation for     For       Against    Management
      Employees of Subsidiaries


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

OIL & NATURAL GAS CORPORATION LTD.

Ticker:                      Security ID:  INE213A01011
Meeting Date: SEP 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 24 Per Share     For       For        Management
3     Reappoint U. Sundararajan as Director     For       For        Management
4     Reappoint R.V. Shah as Director           For       For        Management
5     Reappoint M.M. Chitale as Director        For       For        Management
6     Reappoint Y.B. Sinha as Director          For       For        Management
7     Reappoint A.K. Balyan as Director         For       For        Management
8     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
9     Approve Voluntary Delisting of Company    For       For        Management
      Shares
10    Amend Articles of Association             For       Against    Management
11    Approve Transfer of Register of Members,  For       For        Management
      Documents and Certificates to Share
      Registrars


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

OLD MUTUAL PLC

Ticker:                      Security ID:  GB0007389926
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 3.5 Pence Per   For       For        Management
      Share
3i    Elect Russell Edey as Director            For       For        Management
3ii   Elect Wiseman Nkuhlu as Director          For       For        Management
3iii  Re-elect Christopher Collins as Director  For       For        Management
3iv   Re-elect Jim Sutcliffe as Director        For       For        Management
4     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
5     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
6     Approve Remuneration Report               For       For        Management
7     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 38,544,000
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 19,272,000
9     Authorise 385,442,000 Shares for Market   For       For        Management
      Purchase
10i   Approve the Contingent Purchase Contract  For       For        Management
      with Merrill Lynch South Africa (Pty)
      Limited up to 385,442,000 Ordinary Shares
10ii  Approve the Contingent Purchase Contract  For       For        Management
      with Investment House Namibia (Pty)
      Limited up to 385,442,000 Ordinary Shares
10iii Approve the Contingent Purchase Contract  For       For        Management
      with Imara Edwards Securities (Private)
      Limited up to 385,442,000 Ordinary Shares
10iv  Approve the Contingent Purchase Contract  For       For        Management
      with Stockbrokers Malawi Limited up to
      385,442,000 Ordinary Shares


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

ORASCOM TELECOM  HOLDING

Ticker:                      Security ID:  EGS74081C018
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       For        Management
2     Accept Financial Statements               For       For        Management
3     Accept Statutory Reports                  For       For        Management
4     Approve Allocation of Income              For       For        Management
5     Approve Changes to Board                  For       For        Management
6     Approve Discharge of Board                For       For        Management
7     Approve Attendance Allowances and         For       For        Management
      Transportation Expenses of Directors
8     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
9     Authorize Board to Draw Compensation      For       Against    Management
      Contracts
10    Authorize Board to Draw Loans and         For       For        Management
      Mortgages and Issue Loan Guarantees for
      Company and Subsidiaries
11    Approve Donations Made in Financial Year  For       Against    Management
      2004 and Authorize Board to Make
      Donations in 2005


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

PKL CO.

Ticker:                      Security ID:  KR7039870001
Meeting Date: JAN 25, 2005   Meeting Type: Annual
Record Date:  OCT 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements              For       For        Management
2     Elect Directors                           For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors


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

PLIVA D.D.

Ticker:       PLVDY          Security ID:  72917Q103
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  MAY 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ELECTION OF THE CHAIRMAN                  For       For        Management
2     PRESENTATION OF THE REPORT                For       For        Management
3     APPROPRIATION OF EARNINGS                 For       For        Management
4     APPROVAL OF ACTIVITIES                    For       For        Management
5     PURCHASE OF OWN SHARES                    For       For        Management
6     AUDITORS                                  For       For        Management


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

PORTUGAL TELECOM, SGPS, S.A.

Ticker:       PT             Security ID:  737273102
Meeting Date: APR 1, 2005    Meeting Type: Annual
Record Date:  FEB 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     RESOLUTION ON THE MANAGEMENT REPORT,      For       For        Management
      BALANCE SHEET AND ACCOUNTS FOR 2004.
2     RESOLUTION ON THE CONSOLIDATED MANAGEMENT For       For        Management
      REPORT, BALANCE SHEET AND ACCOUNTS FOR
      2004.
3     RESOLUTION ON THE PROPOSAL FOR THE        For       For        Management
      APPROPRIATION OF NET INCOME.
4     RESOLUTION ON A GENERAL APPRAISAL OF THE  For       For        Management
      COMPANY S MANAGEMENT AND INSPECTION.
5     RESOLUTION ON THE ACQUISITION AND SALE OF For       For        Management
      THE COMPANY S OWN SHARES, INCLUDING THE
      ACQUISITION ASSOCIATED WITH SHARE
      BUYBACK.
6     RESOLUTION ON THE AMENDMENT OF NUMBERS 2, For       Against    Management
      3, 5 AND 6 OF ARTICLE 13 OF THE COMPANY S
      ARTICLES OF ASSOCIATION.
7     RESOLUTION ON THE REDUCTION OF THE SHARE  For       For        Management
      CAPITAL, AND NOTABLY ON THE REDUCTION OF
      UP TO EURO 116,648,505, FOR THE PURPOSE
      OF RELEASING EXCESS CAPITAL IN CONNECTION
      WITH THE CONTINUATION OF THE SHARE
      BUYBACK PROGRAMME INITIATED IN 2004 AND
      ALREADY PARTIAL
8     RESOLUTION, PURSUANT TO ARTICLE 8, NO. 4  For       Against    Management
      OF THE ARTICLES OF ASSOCIATION, ON THE
      APPLICABLE PARAMETERS IN THE CASE OF THE
      FUTURE ISSUANCE OF BONDS CONVERTIBLE INTO
      SHARES IN ADDITION TO THE BONDS
      CONVERTIBLE INTO SHARES ALREADY ISSUED BY
      THE COMPANY.
9     RESOLUTION ON THE WAIVER OF PRE-EMPTIVE   For       Against    Management
      RIGHTS OF SHAREHOLDERS IN CONNECTION WITH
      THE POSSIBLE ISSUANCE OF CONVERTIBLE
      BONDS.
10    RESOLUTION ON THE ISSUANCE OF BONDS AND   For       For        Management
      ANY OTHER TYPES OF SECURITIES, OF
      WHATEVER NATURE, BY THE BOARD OF
      DIRECTORS.
11    RESOLUTION ON THE ACQUISITION AND SALE OF For       For        Management
      OWN BONDS AND OTHER SECURITIES.


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

PORTUGAL TELECOM, SGPS, S.A.

Ticker:       PT             Security ID:  PTPTC0AM0009
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income              For       For        Management
4     Approve Discharge of Management and       For       For        Management
      Supervisory Boards
5     Authorize Repurchase of Shares and        For       For        Management
      Reissuance of Repurchased Shares
      Acquisition in Connection with the Share
      Buy Back Program
6     Amend Art. 13 in Accordance with          For       For        Management
      Corporate Governance Recommendations
7     Approve EUR 116.6 Million Reduction in    For       For        Management
      Share Capital via  Cancellation of 116.6
      Million Shares
8     Authorize Issuance of Convertible Bonds   For       For        Management
      without Preemptive Rights
9     Eliminate Preemptive Rights in Connection For       For        Management
      with Proposed Issuance of Convertible
      Bonds
10    Authorize Issuance of Bonds and Other     For       For        Management
      Securities
11    Approve Bond Repurchase and Reissuance    For       For        Management


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

PRESIDENT CHAIN ST

Ticker:                      Security ID:  TW0002912003
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Amendment of Board  None      None       Management
      Meeting Procedures
1.4   Receive Report on Indirect Investments in None      None       Management
      Mainland China
1.5   Receive Report on the Purchase of Company None      None       Management
      Building
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 3 per Share
2.3   Amend Articles of Association             For       For        Management
3     Other Business                            None      None       Management


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

PT ANEKA TAMBANG TBK (PT ANTAM)

Ticker:                      Security ID:  ID1000060502
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Directors' Report                 For       For        Management
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends
4     Approve Delegation of Duties/Authority of For       For        Management
      Directors
5     Approve Remuneration of Directors and     For       For        Management
      Commissioners
6     Approve Haryanto, Sahari & Rekan as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Transact Other Business (Non-Voting)      None      None       Management


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

PT ANEKA TAMBANG TBK (PT ANTAM)

Ticker:                      Security ID:  ID1000060502
Meeting Date: MAY 30, 2005   Meeting Type: Special
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association             For       Against    Management


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

PT ASTRA INTERNATIONAL TBK.

Ticker:                      Security ID:  ID1000057607
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income              For       For        Management
3A    Elect Directors                           For       For        Management
3B    Elect Commissioners                       For       For        Management
3C    Approve Remuneration of Directors and     For       For        Management
      Commissioners
4     Approve Haryanto, Sarwoko & Rekan as      For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Retirement Plan                   For       Against    Management


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

PT BANK MANDIRI (PERSERO) TBK

Ticker:                      Security ID:  ID1000095003
Meeting Date: MAY 16, 2005   Meeting Type: Annual
Record Date:  APR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income              For       For        Management
3     Approve Prasetio, Sarwoko & Sandjaja as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Approve Remuneration of Directors and     For       For        Management
      Commmissioners
5     Approve Stock Option Plan                 For       Against    Management
6     Elect Directors and Commissioners         For       For        Management


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

PT GUDANG GARAM TBK (PT PERUSAHAAN ROKOK TJAP GUDANG GARAM )

Ticker:                      Security ID:  ID1000068604
Meeting Date: JUN 25, 2005   Meeting Type: Annual
Record Date:  JUN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' Report                  For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Dividends of IDR 300              For       For        Management
4     Approve Delegation of Duties of           For       For        Management
      Commissioners and Directors
5     Approve Remuneration of Commissioners     For       For        Management
6     Elect Commissioners and Directors         For       For        Management
7     Approve Siddharta Siddharta & Widjaja as  For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration


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

PT TELEKOMUNIKASI INDONESIA

Ticker:       TLK            Security ID:  ID1000057904
Meeting Date: JUL 30, 2004   Meeting Type: Annual
Record Date:  JUN 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approval to Convene Meeting for FY 2003   For       For        Management
      and Accept Annual Report
2     Accept Financial Statements and Discharge For       For        Management
      of Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends
4     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
5     Approve Stock Split                       For       For        Management
6     Amend Articles of Association to Reflect  For       For        Management
      Stock Split
7     Approve Remuneration of Directors and     For       For        Management
      Commissioners


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

PT TELEKOMUNIKASI INDONESIA

Ticker:       TLK            Security ID:  ID1000099104
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  JUN 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' Report                  For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income              For       For        Management
4     Approve Siddharta Siddharta & Widjaja as  For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration Auditors
5     Approve Remuneration of Directors and     For       For        Management
      Commissioners
6     Elect Directors                           For       For        Management


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

QUANTA COMPUTER INC.

Ticker:                      Security ID:  TW0002382009
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      Did Not    Management
      Results                                             Vote
1.2   Receive Supervisors' Report               None      Did Not    Management
                                                          Vote
1.3   Receive Report on the Execution of        None      Did Not    Management
      Treasury Shares                                     Vote
2.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2.2   Approve Allocation of Income and Cash     For       Did Not    Management
      Dividend of NTD 2.5 per Share and Stock             Vote
      Dividend of 50 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       Did Not    Management
      and Employee Profit Sharing                         Vote
3.2   Amend Articles of Association             For       Did Not    Management
                                                          Vote
4     Other Business                            None      Did Not    Management
                                                          Vote


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

SANLAM LIMITED

Ticker:                      Security ID:  ZAE000028262
Meeting Date: JUN 1, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Dec. 31, 2004
2     Ratify Reappointment of Auditors          For       For        Management
3.1   Reelect R.C. Andersen as Director         For       For        Management
      Appointed During the Year
3.2   Reelect M.V. Moosa as Director Appointed  For       For        Management
      During the Year
3.3   Reelect M. Ramos as Director Appointed    For       For        Management
      During the Year
4.1   Reelect A.S. du Plessis as Director       For       For        Management
4.2   Reelect C.E. Maynard as Director          For       For        Management
4.3   Reelect P. de V. Rademeyer as Director    For       For        Management
4.4   Reelect G.E. Rudman as Director           For       For        Management
5     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
6     Approve Remuneration of Directors for     For       For        Management
      Fiscal Year 2004
7     Approve Remuneration of Directors for     For       For        Management
      Jan. 1, 2005-June 30, 2006 Period
8     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
9     Approve Broad Based Enployee Share Plan   For       For        Management
10    Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


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

SANLAM LIMITED

Ticker:                      Security ID:  ZAE000028262
Meeting Date: JUN 9, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Disposal of Shareholding in Absa  For       For        Management
      Group Limited Pursuant to Scheme of
      Arrangement Proposed By Barclays
2     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

SERMSUK LTD.

Ticker:                      Security ID:  TH0009010Z19
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Dividend For       For        Management
      of Baht 0.90 per Share
5     Elect Directors                           For       For        Management
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Approve Issuance of 458,888 Ordinary      For       Against    Management
      Share to Employees at the Executive Level
      Under the Executive Stock Incentive Plan
8     Other Business                            For       Against    Management


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

SHAW BROTHERS (HONG KONG) LIMITED

Ticker:                      Security ID:  HK0080000489
Meeting Date: SEP 17, 2004   Meeting Type: Annual
Record Date:  SEP 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended Mar. 31, 2004
2     Approve Final Dividend                    For       For        Management
3     Reelect Yei-ching Chow as Director        For       For        Management
4     Reelect Julie Yuk-shun Ng as Director     For       For        Management
5     Fix Directors' Remuneration               For       For        Management
6     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


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

SINGAPORE PRESS HOLDINGS LTD.

Ticker:                      Security ID:  SG1P66918738
Meeting Date: DEC 6, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final and Special Dividends of    For       For        Management
      SGD 0.10 Per Share and SGD 0.11 Per
      Share, Respectively
3a    Reappoint Lim Chin Beng as Director       For       For        Management
3b    Reappoint Lee Ek Tieng as Director        For       For        Management
4a    Reelect Cheong Choong Kong as Director    For       For        Management
4b    Reelect Yeo Ning Hong as Director         For       For        Management
4c    Reelect Cham Tao Soon as Director         For       For        Management
4d    Reelect Willie Cheng Jue Hiang as         For       For        Management
      Director
5     Approve Directors' Fees of SGD 787,500    For       For        Management
6     Appoint Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Other Business (Voting)                   For       For        Management
8a    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
8b    Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Share Option
      Scheme
8c    Authorize Share Repurchase Program        For       For        Management


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

SINOTRANS LIMITED

Ticker:                      Security ID:  CN0001729671
Meeting Date: JUN 6, 2005    Meeting Type: Annual
Record Date:  MAY 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Board of Directors   For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      International Auditors and
      PricewaterhouseCoopers Zhong Tian CPAs
      Ltd. Co. as PRC Auditors and Authorize
      Board to Fix Their Remuneration
5     Authorize Directors to Recommend, Declare For       For        Management
      and Pay Interim or Special Dividends for
      the Year 2005
6     Approve Final Dividend                    For       For        Management
7     Amend Articles Re: Business Scope of the  For       For        Management
      Company


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

SINOTRANS LIMITED

Ticker:                      Security ID:  CN0001729671
Meeting Date: SEP 27, 2004   Meeting Type: Special
Record Date:  AUG 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Lu Zhengfei as an Independent       For       For        Management
      Non-Executive Director
2     Amend Articles Re: Increase in Size of    For       For        Management
      Board from 11 to 12


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

SK CORPORATION (FORMERLYYUKONG LTD  )

Ticker:                      Security ID:  KR7003600004
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       Abstain    Management
      Dividends of KRW 1800 Per Share
2.1   Elect Chey Tae-Won as Director            For       Against    Management
2.2   Elect Kim Jun-Ho as Director              For       Against    Management
3     Approve Limit on Remuneration of          For       Abstain    Management
      Directors


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

SK TELECOM

Ticker:                      Security ID:  78440P108
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE BALANCE SHEET, THE        For       For        Management
      STATEMENT OF INCOME, AND THE STATEMENT OF
      APPROPRIATION OF RETAINED EARNINGS OF THE
      21ST FISCAL YEAR, AS SET FORTH IN THE
      COMPANY S AGENDA.
2     APPROVAL OF THE AMENDMENT OF THE ARTICLES For       For        Management
      OF INCORPORATION, AS SET FORTH IN THE
      COMPANY S AGENDA.
3     APPROVAL OF THE CEILING AMOUNT OF THE     For       For        Management
      REMUNERATION OF DIRECTORS, AS SET FORTH
      IN THE COMPANY S AGENDA.
4     APPROVAL OF THE APPOINTMENT OF DIRECTORS, For       For        Management
      AS SET FORTH IN THE COMPANY S AGENDA.
5     APPROVAL OF THE APPOINTMENT OF OUTSIDE    For       For        Management
      DIRECTORS WHO WILL NOT BE AUDIT COMMITTEE
      MEMBERS, AS SET FORTH IN THE COMPANY S
      AGENDA.
6     APPROVAL OF THE APPOINTMENT OF OUTSIDE    For       For        Management
      DIRECTORS WHO WILL BE AUDIT COMMITTEE
      MEMBERS, AS SET FORTH IN THE COMPANY S
      AGENDA.


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

SK TELECOM

Ticker:                      Security ID:  KR7017670001
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income, with     For       For        Management
      Final Dividends of KRW 9300 Per Share
2     Amend Articles of Incorporation to        For       For        Management
      Require that Majority of Directors Shall
      Be Outsiders
3     Approve Limit on Remuneration of          For       For        Management
      Directors
4.1   Elect Two Standing Directors              For       For        Management
4.2   Elect Four Outside Directors              For       For        Management
4.3   Elect Outside Director as Member of Audit For       For        Management
      Committee


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

SM PRIME HOLDINGS INC.

Ticker:       SPHXY          Security ID:  PHY8076N1120
Meeting Date: APR 25, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Call to Order                             For       For        Management
2     Certification of Notice and Quorum        For       For        Management
3     Approve Minutes of Previous Shareholder   For       For        Management
      Meeting
4     Presentation of President's Report        For       For        Management
5     General Ratification of the Acts of the   For       For        Management
      Board of Directors and the Management
      from the Date of the Last Annual
      Stockholders' Meeting Up to the Date of
      this Meeting
6     Elect Directors                           For       For        Management
7     Appoint Auditors                          For       For        Management
8     Other Business                            For       Against    Management
9     Adjournment                               None      For        Management


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

STEINHOFF INTERNATIONAL HOLDINGS LTD

Ticker:                      Security ID:  ZAE000016176
Meeting Date: NOV 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2.1.1 Reelect C.E. Daun as Director             For       For        Management
2.1.2 Reelect K.J. Grove as Director            For       For        Management
2.1.3 Reelect D. Konar as Director              For       For        Management
2.1.4 Reelect F.A. Sonn as Director             For       For        Management
2.2   Reelect R.H. Walker as Director Appointed For       For        Management
      During the Year
2.3.1 Approve Remuneration of Directors for     For       For        Management
      Past Fiscal Year
2.3.2 Ratify Reappointment of Deloitte and      For       For        Management
      Touche as Auditors
3     Place 262 Million Authorized But Unissued For       For        Management
      Shares under Control of Directors
4     Approve Issuance of up to a Maximum of 56 For       For        Management
      Million Shares without Preemptive Rights
5     Place 103 Million Authorized But Unissued For       Against    Management
      Shares under Control of Directors for Use
      Pursuant to  Steinhoff International
      Incentive Schemes
6     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital
7     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

SUN PHARMACEUTICAL INDUS. LTD.

Ticker:                      Security ID:  INE044A01028
Meeting Date: APR 4, 2005    Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger with Phlox Pharmaceuticals For       For        Management
      Ltd.


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

SUN PHARMACEUTICAL INDUS. LTD.

Ticker:                      Security ID:  INE044A01028
Meeting Date: DEC 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 3.25 Per Share   For       For        Management
3     Reappoint S.M. Dadha as Director          For       For        Management
4     Reappoint S.V. Valia as Director          For       For        Management
5     Approve Deloitte Haskins & Sells as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Reclassification of Authorized    For       For        Management
      Share Capital
7     Amend Articles of Association Re:         For       For        Management
      Reclassification of Authorized Share
      Capital
8     Approve Voluntary Delisting of Company    For       For        Management
      Shares


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

SUN PHARMACEUTICAL INDUS. LTD.

Ticker:                      Security ID:  INE044A01028
Meeting Date: FEB 8, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Deloitte Haskins & Sells as       For       For        Management
      Statutory Auditors and Authorize Board to
      Fix Their Remuneration


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

SUN PHARMACEUTICAL INDUS. LTD.

Ticker:                      Security ID:  INE044A01028
Meeting Date: JUL 31, 2004   Meeting Type: Extraordinary Shareholders
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement with Phlox       For       Against    Management
      Pharmaceuticals Ltd.
2     Issue Shares in Connection with Merger    For       Against    Management


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

SYNNEX TECHNOLOGY INTERNATIONAL

Ticker:                      Security ID:  TW0002347002
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Execution of        None      None       Management
      Treasury Shares
1.4   Receive Report on Issuance of Domestic    None      None       Management
      Secured Corporate Bonds
1.5   Receive Other Reports                     None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1 per Share and Stock
      Dividend of 100 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.2   Amend Articles of Association             For       For        Management
4     Other Business                            None      None       Management


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

TAISHIN FINANCIAL HOLDINGS CO LTD

Ticker:                      Security ID:  TW0002887007
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operating None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Issuance of         None      None       Management
      Corporate Debt
1.4   Receive Report on the Amendment of Board  None      None       Management
      Procedures
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1.3 per Share and Stock
      Dividend of 145 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.2   Amend Procedures Governing the            For       Against    Management
      Acquisition and Disposal of Assets
3.3   Cancel Procedures for  Loan of Funds to   For       Against    Management
      Other Parties, and Endorsement and
      Guarantee
3.4   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
3.5   Amend Articles of Association             For       Against    Management
4     Other Business                            None      None       Management


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

TAIWAN SECOM

Ticker:                      Security ID:  TW0009917005
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2.2 per Share and Stock
      Dividend of 20 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       Against    Management
2.5   Amend Operating Procedures for  Loan of   For       Against    Management
      Funds to Other Parties, and Endorsement
      and Guarantee
3     Elect Directors and Supervisors           For       For        Management
4     Other Business                            For       Against    Management


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

TELE NORTE LESTE PARTICIPACOES (TELEMAR)

Ticker:                      Security ID:  BRTNLPACNOR3
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends and Approve the Capital Budget            Vote
3     Elect Supervisory Board Members and their For       Did Not    Management
      Alternates                                          Vote
4     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote


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

TELE NORTE LESTE PARTICIPACOES (TELEMAR)

Ticker:                      Security ID:  BRTNLPACNOR3
Meeting Date: APR 19, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Interest Over       For       Did Not    Management
      Capital Up to the Limit of BRL 400                  Vote
      Million for Fiscal Year 2005


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

TELE NORTE LESTE PARTICIPACOES (TELEMAR)

Ticker:                      Security ID:  BRTNLPACNOR3
Meeting Date: DEC 17, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Evaluate Contract Agreements to Provide   For       Did Not    Management
      (a) Call Center Services by TNL Contax SA           Vote
      to Telemar and Tele Norete Leste
      Participacoes SA, and (b)
      Telecommunications Services by Telemar to
      Contax
2     Approve Reduction in Capital              For       Did Not    Management
      Corresponding to the Investment Held by             Vote
      Tele Norte Leste in Contax Participacoes
      SA With Subsequent Distribution of
      Contax's Shares in Proportion to
      Shareholder's Participation in Tele Norte
3     Amend Articles 5 and 6 of the Bylaws to   For       Did Not    Management
      Reflect Reduction in Capital Proposed in            Vote
      Item 2 and Grouping of Shares Approved at
      the EGM Held on 05-24-04
4     Elect One Member to Fill Vacancy on the   For       Did Not    Management
      Board                                               Vote


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

TELEVISION BROADCAST LTD.

Ticker:                      Security ID:  HK0511001957
Meeting Date: MAR 21, 2005   Meeting Type: Special
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition by Countless          For       Did Not    Management
      Entertainment (Taiwan) Co. Ltd., an                 Vote
      Indirect Wholly Owned Subsidiary of
      Television Broadcast Ltd., of 30 Percent
      of the Issued Capital of Liann Yee
      Production Co. Ltd. for an Aggregate
      Consideration of NTD 900 Million
2     Approve Extension of the Closing Period   For       Did Not    Management
      for the Company's Register of Members               Vote
      from 30 Days to 60 Days During the
      Calendar Year 2005


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

TELEVISION BROADCAST LTD.

Ticker:                      Security ID:  HK0511001957
Meeting Date: MAY 25, 2005   Meeting Type: Special
Record Date:  MAY 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Continuing Connected Transactions For       For        Management
      and Annual Caps


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

TELEVISION BROADCAST LTD.

Ticker:                      Security ID:  HK0511001957
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAY 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Final Dividend of HK$0.8 Per      For       Did Not    Management
      Share                                               Vote
3a1   Reelect Chien Lee as Director             For       Did Not    Management
                                                          Vote
3a2   Reelect Louis Page as Director            For       Did Not    Management
                                                          Vote
3a3   Reelect Chow Yei Ching as Director        For       Did Not    Management
                                                          Vote
3b    Fix the Remuneration of Directors         For       Did Not    Management
                                                          Vote
4     Appoint PricewaterhouseCoopers as         For       Did Not    Management
      Auditors and Authorize Board to Fix Their           Vote
      Remuneration
5a    Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights
5b    Approve Repurchase of Up to 10 Percent of For       Did Not    Management
      Issued Capital                                      Vote
5c    Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


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

TIGER BRANDS LTD. (FORMERLY TIGER OATS LTD.)

Ticker:                      Security ID:  ZAE000023560
Meeting Date: FEB 22, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Sept. 30, 2004
2     Reelect S.L. Botha as Director            For       For        Management
3     Reelect N. Dennis as Director             For       For        Management
4     Reelect M.C. Norris as Director           For       For        Management
5     Reelect R.V. Smither as Director          For       For        Management
6     Reelect C.F.H. Vaux as Director           For       For        Management
7     Reelect J.L. van deen Berg as Director    For       For        Management
8     Approve Remuneration of Directors         For       For        Management
9     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


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

TIGER BRANDS LTD. (FORMERLY TIGER OATS LTD.)

Ticker:                      Security ID:  ZAE000023560
Meeting Date: OCT 8, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Unbundling of Stake in Spar Group For       For        Management
      to Shareholders
2     Amend Stock Option Plan Re: Spar          For       For        Management
      Unbundling


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

TISCO BANK PUBLIC CO. LTD. (FORMERLY TISCO FINANCE PCL (THAI

Ticker:                      Security ID:  TH0597010014
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Dividend For       For        Management
      of Baht 2.30 per Share for Preferred
      Shareholders and Baht 1.30 per Share for
      Common Shareholders
5     Elect Directors                           For       For        Management
6     Elect New Directors                       For       For        Management
7     Approve Remuneration of Directors         For       For        Management
8     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
9     Approve the Re-Allotment of 638,000 Units For       Against    Management
      of Warrants Returned by Resigned
      Employees Under Employee Stock Option
      Program
10.1  Amend Memorandum of Association           For       For        Management
10.2  Amend Articles of Association             For       For        Management
10.3  To Conduct Commercial Banking Operation   For       For        Management
      and to Return the Finance Business
      License of TISCO Finance Public Company
      Limited to the Ministry of Finance
11    Other Business                            For       Against    Management


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

TMB BANK PUBLIC CO., LTD. (FORMERLY THAI MILITARY BANK)

Ticker:                      Security ID:  TH0068010014
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements, and          For       For        Management
      Allocation of Income and Omission of
      Dividends
4     Elect Directors                           For       For        Management
5     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
6     Approve Reduction in Registered Capital   For       For        Management
      to Baht 153 Billion
7     Approve Issuance of 200 Million Units of  For       Against    Management
      Warrants to Directors, Employees, and
      Advisors of the Company
8     Approve Increase in Registered Capital to For       Against    Management
      Baht 183.1 Billion
9     Approve Issuance of 3 Billion Shares      For       Against    Management
10    Change Company Name to TMB Bank Public    For       For        Management
      Company Limited
11    Other Business                            For       Against    Management


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

TRANSPORTADORA DE GAS DEL SUR S.A.

Ticker:       TGS            Security ID:  ARP9308R1039
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Designate Two Shareholders to Approve     For       Did Not    Management
      Minutes of Meeting                                  Vote
2     Accept Financial Statements, Statutory    For       Did Not    Management
      Reports for Fiscal Year Ended December              Vote
      31, 2004
3     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
4     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards for the Fiscal Year              Vote
      2004; Approve Their Remuneration; and
      Approve Budget for Audit Committee for
      the Fiscal Year 2005
5     Elect Board of Directors (and Alternates) For       Did Not    Management
      and Supervisory Board Members; and                  Vote
      Determine Their Length in Office
6     Approve Auditors for 2005 and Fix Their   For       Did Not    Management
      Remuneration                                        Vote


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

ULTRATECH CEMCO LTD

Ticker:                      Security ID:  INE481G01011
Meeting Date: OCT 11, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 0.5 Per Share    For       For        Management
3     Reappoint J.P. Nayak as Director          For       For        Management
4     Approve G.P. Kapadia & Co. as Auditors    For       For        Management
      and Authorize Board to Fix Their
      Remuneration
5     Approve Increase in Size of Board         For       For        Management
6     Appoint K.M. Birla as Director            For       For        Management
7     Appoint R. Birla as Director              For       For        Management
8     Appoint R.C. Bhargava as Director         For       For        Management
9     Appoint A.R. Gandhi as Director           For       For        Management
10    Appoint D.D. Rathi as Director            For       For        Management
11    Appoint S. Misra as Director              For       For        Management
12    Appoint Y.P. Gupta as Director            For       For        Management
13    Approve Appointment and Remuneration of   For       For        Management
      S. Misra, Manager
14    Amend Articles of Association             For       For        Management
15    Change Company Name to UltraTech Cement   For       For        Management
      Ltd.


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

UNITED BREWERIES HOLDINGS LTD.

Ticker:                      Security ID:  INE696A01025
Meeting Date: APR 27, 2005   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption              For       For        Management


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

UNITED BREWERIES HOLDINGS LTD.

Ticker:                      Security ID:  INE696A01025
Meeting Date: SEP 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Reappoint M. Narayanaswami as Director    For       For        Management
3     Reappoint S.G. Ruparel as Director        For       For        Management
4     Appoint Fraser & Ross as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
5     Appoint R.N. Pillai as Director           For       For        Management
6     Approve Appointment and Remuneration of   For       For        Management
      R.N. Pillai, Managing Director
7a    Approve Corporate Guarantees up to INR    For       Against    Management
      350 Million
7b    Approve Sale of Company Assets            For       Against    Management
8     Approve Investment in United Distillers   For       For        Management
      India Ltd.


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

UNITED BREWERIES LTD

Ticker:                      Security ID:  INE686F01017
Meeting Date: JAN 20, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in Authorized Capital to For       For        Management
      INR 2.8 Billion
2     Amend Memorandum of Association Re:       For       For        Management
      Increase in Authorized Capital
3     Amend Articles of Association Re:         For       For        Management
      Increase in Authorized Capital
4     Approve Issuance of Equity Shares,        For       For        Management
      Warrants, and Cumulative Redeemable
      Preference Shares to Scottish & Newcastle
      India Ltd.
5     Approve Investment in Karnataka Breweries For       For        Management
      & Distilleries Private Ltd.
6     Approve Investment in Bottle Trading      For       For        Management
      Company Private Ltd.


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

UNITED BREWERIES LTD

Ticker:                      Security ID:  INE696A01025
Meeting Date: SEP 23, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Corporate Guarantees up to INR    For       Against    Management
      350 Million
2     Approve Sale of Company Assets            For       Against    Management


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

UNITED BREWERIES LTD

Ticker:                      Security ID:  INE696A01025
Meeting Date: SEP 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Reappoint A.K.R. Nedungadi as Director    For       Did Not    Management
                                                          Vote
3     Reappoint A. Munim as Director            For       Did Not    Management
                                                          Vote
4     Appoint Fraser & Ross as Auditors and     For       Did Not    Management
      Authorize Board to Fix Their Remuneration           Vote
5     Approve Investment in Subsidiary,         For       Did Not    Management
      Associated Breweries & Distilleries Ltd.            Vote
6     Approve Appointment and Remuneration of   For       Did Not    Management
      U. Hingorani, Officer of the Company                Vote


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

VODAFONE EGYPT LTD

Ticker:                      Security ID:  EGS48001C019
Meeting Date: JAN 31, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Dividends to be Distributed from  For       For        Management
      2004 Profits
2     Approve Increase in Number of Board       For       Against    Management
      Members to 13


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

VODAFONE EGYPT LTD

Ticker:                      Security ID:  EGS48001C019
Meeting Date: JAN 31, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association Re:         For       Against    Management
      Reappointment of Board of Directors


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

VODAFONE EGYPT LTD

Ticker:                      Security ID:  EGS48001C019
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       For        Management
2     Accept Statutory Report                   For       For        Management
3     Accept Financial Statements               For       For        Management
4     Approve Dividends                         For       For        Management
5     Ratify Auditors                           For       For        Management
6     Approve Discharge of Board                For       For        Management
7     Elect Directors                           For       For        Management
8     Approve Attendance Allowances and         For       For        Management
      Transportation Expenses of Directors
9     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
10    Authorize Board to Make Donations in 2005 For       Against    Management


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

YAPI VE KREDI BANKASI AS

Ticker:                      Security ID:  TRAYKBNK91N6
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
5     Elect Directors and Determine Their Terms For       Did Not    Management
      of Office                                           Vote
6     Elect Internal Auditors and Determine     For       Did Not    Management
      Their Terms of Office                               Vote
7     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
8     Approve Initiation of Legal Proceedings   For       Did Not    Management
      Against Two Former Directors                        Vote
9     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
10    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
11    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
12    Wishes                                    None      Did Not    Management
                                                          Vote


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

YUKOS OIL COMPANY

Ticker:                      Security ID:  98849W108
Meeting Date: DEC 20, 2004   Meeting Type: Special
Record Date:  NOV 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO LIQUIDATE VOLUNTARILY THE JOINT-STOCK  For       For        Management
      COMPANY  YUKOS OIL COMPANY , APPROVE A
      PROCEDURE AND TIMELINE FOR THE
      LIQUIDATION AND TO APPOINT, DELEGATE AND
      INSTRUCT A LIQUIDATOR AND LIQUIDATION
      COMMISSION
2     TO FILE FOR YUKOS OIL COMPANY INSOLVENCY  For       For        Management
      WITH THE COURT OF ARBITRATION AND TO
      INSTRUCT THE MANAGING ENTITY YUKOS-MOSCOW
      TO FILE FOR INSOLVENCY WITH THE COURT OF
      ARBITRATION NO LATER THAN 1 (ONE) MONTH
      AFTER TAKING THIS DECISION


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

ZEE TELEFILMS LIMITED

Ticker:                      Security ID:  INE256A01028
Meeting Date: SEP 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 1 Per Share      For       For        Management
3     Reappoint L.N. Goel as Director           For       For        Management
4     Reappoint D.P. Naganand as Director       For       For        Management
5     Appoint MGB & Co. as Auditors and         For       For        Management
      Authorize Board to Fix Their Remuneration
6     Approve Appointment and Remuneration of   For       For        Management
      S. Chandra, Managing Director
7     Approve Appointment and Remuneration of   For       For        Management
      J. Goel, President of Subsidiary

========== 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):                 Oppenheimer Developing Markets Fund

By (Signature and Title)*:    /s/ John V. Murphy
                              ------------------
                              John V. Murphy, President

Date:                   August 26, 2005

*By:  /s/ Randy Legg
      --------------
      Randy Legg, Attorney in Fact