UNITED STATES	OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549	OMB Number:  3235-0582
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FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number  811-09081

Morgan Stanley International Fund

(Exact name of registrant as specified in charter)

1221 Avenue of the Americas,  New York, New York	10020
(Address of principal executive offices)	(Zip code)

Barry Fink Esq.
Morgan Stanley Investment Advisors Inc.
1221 Avenue of the Americas
New York, New York  10020

(Name and address of agent for service)

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

Date of fiscal year end:  10/31

Date of reporting period:  6/30/04

Item 1.Proxy Voting Record.

Disclose the following information for each matter relating to a portfolio security considered at any shareholder meeting held during the period covered by the report and with respect to which the registrant was entitled to vote:

(a)	The name of the issuer of the portfolio security;
(b)	The exchange ticker symbol of the portfolio security;
(c)	The Council on Uniform Securities Identification Procedures (“CUSIP”) number for the portfolio security;
(d)	The shareholder meeting date;
(e)	A brief identification of the matter voted on;
(f)	Whether the matter was proposed by the issuer or by a security holder;
(g)	Whether the registrant cast its vote on the matter;
(h)	How the registrant cast its vote (e.g., for or against proposal, or abstain; for or withhold regarding election of directors); and
(i)	Whether the registrant cast its vote for or against management.

FORM N-Px REPORT

ICA File Number: 811-09081

Reporting Period: 07/01/2003 - 06/30/2004

Morgan Stanley International Fund

MORGAN STANLEY INTERNATIONAL FUND

ABB LTD. ZUERICH

Ticker:		Security ID:	CH0012221716
Meeting Date:	MAY 18, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Accept Financial Statements and Statutory Reports	For	For	Management
3	Approve Discharge of Board and Senior Management	For	For	Management
4	Approve Allocation of Income and Omission of Dividends	For	For	Management
5	Reelect Roger Agnelli, Juergen Dormann, Louis Hughes, Hans Maerki, Michel de Rosen, Michael Treschow, Bernd Voss, and Jacob Wallenberg as Directors	For	For	Management
6	Ratify Ernst & Young AG as Auditors	For	For	Management

ABERTIS INFRAESTRUCTURAS (FRMELY ACESA INFRAESTRUCTURAS SA(FORMERLY AUTOPISTAS C

Ticker:		Security ID:	ES0111845014
Meeting Date:	SEP 15, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 5-31-03	For	For	Management
2	Authorize Capitalization of Reserves and Subsequent Amendment to Article 5; Approve Listing in Stock Exchange	For	For	Management
3	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

1

ABERTIS INFRAESTRUCTURAS (FRMELY ACESA INFRAESTRUCTURAS SA(FORMERLY AUTOPISTAS C

Ticker:		Security ID:	ES0111845014
Meeting Date:	APR 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Allocation of Income, and Discharge Directors	For	For	Management
2	Authorize Capitalization of Reserves of EUR 78.8 Million for a 1:20 Bonus Issue; Amend Article 5 Accordingly	For	For	Management
3	Elect Unicaja, Jose Luis Olivas Martinez, Pablo Vallbona Vadell, and Comunidades Gestoras to Management Board	For	For	Management
4	Reelect PriceWaterhouseCoopers Auditores, S.L. as Auditors	For	For	Management
5	Authorize Repurchase of Shares	For	For	Management
6	Authorize Issuance of Bonds or Other Financial Instruments	For	For	Management
7	Approve General Meeting Guidelines; Amend Article 12 of Bylaws; Present Information Re: Board Guidelines	For	For	Management
8	Approve Merger by Absorption of Iberica de Autopistas, S.A.	For	For	Management
9	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

ABN AMRO HOLDING NV

Ticker:	ABN	Security ID:	NL0000301109
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:	APR 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Report of Management Board	None	None	Management
2	Discussion about Company’s Corporate Governance Report	None	None	Management
3.1	Approve Financial Statements and Statutory Reports	For	For	Management
3.2	Approve Dividends	For	For	Management
3.3	Approve Discharge of Management Board	For	For	Management
3.4	Approve Discharge of Supervisory Board	For	For	Management
4	Approve Remuneration Policy	For	For	Management
5	Reappoint Ernst & Young as Auditors	For	For	Management
6.1	Reelect T. Maas-de Bouwer to Supervisory Board	For	For	Management
6.2	Elect A. Olijslager to Supervisory Board	For	For	Management
7.1	Abolish Antitakeover Preference Shares through Repurchase and Cancellation of Shares	For	For	Management
7.2	Amend Articles to Reflect Cancellation of Preference Shares (Item 7.1)	For	For	Management
8	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
9.1	Grant Board Authority to Issue Ordinary Shares and Convertible Preference Shares Up to 20 Percent of Issued Share Capital	For	For	Management
9.2	Grant Board Authority to Exclude Preemptive Rights from Issuance Under Item 9.1	For	For	Management
10	Other Business	None	None	Management

2

ACCIONA SA (FORMERLY GRUPO ACCIONA SA (FORMERLY CUBIERTAS Y

Ticker:		Security ID:	ES0125220311
Meeting Date:	APR 25, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements	For	For	Management
2	Accept Statutory Reports; Approve Discharge of Directors	For	For	Management
3	Approve Allocation of Income and Dividend of EUR 1.38 Per Share	For	For	Management
4	Amend Articles	For	For	Management
5	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
6	Authorize Issuance of Convertible Bonds without Preemptive Rights	For	Against	Management
7	Approve General Meeting Guidelines	For	For	Management
8	Authorize Repurchase of Shares	For	For	Management
9	Elect Auditors	For	For	Management
10	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

ACCOR

Ticker:		Security ID:	FR0000120404
Meeting Date:	APR 26, 2004	Meeting Type:	Annual/Special
Record Date:

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

3

ACERINOX S.A.

Ticker:		Security ID:	ES0132105331
Meeting Date:	JUN 9, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Allocation of Income, and Distribution of Aggregate Dividend of EUR 55.27 Million	For	For	Management
2	Approve Discharge of Management; Approve Dividend Payments Made in 01-05-04 and 04-05-04	For	For	Management
3	Approve KPMG Auditores S.L. as Auditors for Fiscal Year 2004	For	For	Management
4	Authorize Share Repurchase Program	For	For	Management
5	Approve 4:1 Stock Split and Reduce Par Value of Shares to EUR 0.25 from EUR 1	For	For	Management
6	Amend Articles 14 and 15 Re: Attendance, Presiding Committee, Accords	For	For	Management
7	Approve Distribution of EUR 0.08 Per Share from Issuance Premium Reserve	For	For	Management
8	Amend Articles 5, 6, and 7 of General Meeting Guidelines Re: Shareholder’s Acces to Information, Participation in the Meeting, Shareholder Representation at the Meeting	For	For	Management
9	Elect Juan March and Susumu Komori to Management Board and Reelect Jose Aguirre, Jose Guerediaga, Oscar Fanjul, and Marcelino Oreja for Four Year Terms to Management Board	For	For	Management
10	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management
11	Designate Shareholders to Approve and Sign Minutes of Meeting	For	For	Management

4

ACS, ACTIVIDADES DE CONSTRUCCIONES (FORMERLY GINES NAVARRO C

Ticker:		Security ID:	ES0167050311
Meeting Date:	MAY 19, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Individual and Group Financial Statements, Allocation of Income; Present Corporate Governance Report	For	For	Management
2	Approve Discharge of Management Board	For	For	Management
3	Elect Management Board	For	For	Management
4	Authorize Repurchase of Shares	For	For	Management
5	Approve Auditors	For	For	Management
6	Approve Reduction in Share Capital via Cancellation of 902,453 Treasury Shares; Amend Articles Accordingly	For	For	Management
7	Approve 3:1 Stock Split and Subsequent Reduction in Par Value to EUR 0.50 from EUR 1.50	For	For	Management
8	Amend Articles 13, 15, 20b, 22, 26, and 28 Re: Board Numbers, Composition, Functions, and General Meetings Attendance and Information	For	For	Management
9	Approve Stock Option Plan	For	For	Management
10	Approve General Meeting Guidelines; Present Report Re: Board Guidelines	For	For	Management
11	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management
12	Approve Minutes of Meeting	For	For	Management

ACS, ACTIVIDADES DE CONSTRUCCIONES (FORMERLY GINES NAVARRO C

Ticker:		Security ID:	ES0167050311
Meeting Date:	OCT 13, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Merger Balance Sheet Dated 4-30-03	For	For	Management
2	Approve Acquisition of Grupo Dragados SA	For	For	Management
3	Issue 54.5 Million Shares in Connection with Acquisition; Amend Articles Re: Share Capital and Board Size	For	For	Management
4	Fix Number of Directors (18); Approve Resignation of Francisco Pons; Reelect Torrego, Viguri, Jimenez, Rodriguez, Vadell, and Perez; Elect Ferrer, Parra, Barreiro, Terre, and Junyent as New Directors (All Directors Serve 5-Year Terms)	For	For	Management
5	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management
6	Approve Minutes of Meeting	For	For	Management

ADECCO SA

Ticker:	ADO	Security ID:	CH0012138605
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Receive Auditors Report	None	None	Management
3	Accept Financial Statements and Statutory Reports	For	Against	Management
4	Approve Allocation of Income and Dividends of CHF 0.70 per Share	For	For	Management
5	Approve Discharge of Board and Senior Management	For	Against	Management
6.1	Reelect Philippe Foriel-Destezet and Philippe Marcel as Directors; Elect Jakob Baer, Juergen Dormann, Klaus Jacobs, Fancis Mer, Thomas O’Neill, David Prince, and Peter Ueberoth as Directors	For	For	Management
6.2.1	Ratify Ernst and Young as Auditors	For	For	Management
6.2.2	Ratify OBT AG as Special Auditors	For	For	Management
7	Amend Articles Re: Remove Voting Restrictions	For	For	Management

5

ADIDAS-SALOMON AG

Ticker:	ADDDY	Security ID:	DE0005003404
Meeting Date:	MAY 13, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.00 per Share	For	Against	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Elect Henri Filho, Hans Friderichs, Manfred Gentz, Igor Landau, Willi Schwerdtle, Christian Tourres, and Stefan Jentzsch to the Supervisory Board	For	For	Management
6	Approve Creation of EUR 11.6 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
7	Authorize Cancellation of 2001 AGM Issuance of Shares	For	For	Management
8	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 500 Million with Preemptive Rights; Approve Creation of EUR 9.1 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
9	Amend 1999 Stock Option Plan	For	For	Management
10	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
11	Ratify KPMG Deutsche Treuhand Gesellschaft AG as Auditors	For	For	Management

6

ADVANCED INFO SERVICE PCL

Ticker:	AVIFY	Security ID:	TH0268010Z11
Meeting Date:	APR 23, 2004	Meeting Type:	Annual
Record Date:	APR 5, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2	Approve Minutes of Previous AGM	For	For	Management
3	Accept Report on Company Performance in 2003	For	For	Management
4	Accept Financial Statements and Statutory Reports	For	For	Management
5	Elect Directors and Fix Their Remuneration	For	For	Management
6	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Approve Allocation of Income and Dividends	For	For	Management
8	Approve Issuance of Nine Million Units of Warrants to Directors, Employees, and Advisors of the Company Under the ESOP Grant III	For	For	Management
9	Approve the Issuance of Nine Million Shares Reserved Exclusively for the Conversion of Warrants Under the ESOP Grant III	For	For	Management
10	Approve Issuance of Warrants to Directors, Employees and Advisors Exceeding Five Percent of the Total Issuance Under the ESOP Grant III	For	For	Management
11	Approve Issuance of 125,591 Shares Reserved Exclusively for the Conversion of Warrants Under ESOP Grant I & II	For	For	Management
12	Other Business	For	Against	Management

ADVANTEST CORP.

Ticker:		Security ID:	JP3122400009
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

7

AEGIS GROUP PLC

Ticker:	AEGSY	Security ID:	GB0009657569
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 0.8 Pence Per Ordinary Share	For	For	Management
3	Re-elect Bernard Fournier as Director	For	For	Management
4	Re-elect Robert Lerwill as Director	For	For	Management
5	Elect Daniel Farrar as Director	For	For	Management
6	Elect Charles Strauss as Director	For	For	Management
7	Elect Leslie Van de Walle as Director	For	For	Management
8	Re-appoint Deloitte and Touche LLP as Auditors of the Company	For	For	Management
9	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
10	Approve Remuneration Report	For	Against	Management
11	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 18,539,204	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2,780,511	For	For	Management
13	Authorise 55,617,614 Ordinary Shares for Market Purchase	For	For	Management

AEGON NV

Ticker:	AEG	Security ID:	NL0000301760
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:	APR 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2.1	Discussion of the Annual Report 2003	None	None	Management
2.2	Approve Financial Statements and Statutory Reports	For	For	Management
2.3	Discussion of the Reserves and Dividend Policy	None	None	Management
2.4	Approval of Dividend in the Amount of EUR 0.40 per Ordinary Share	For	For	Management
2.5	Approve Discharge of Management Board	For	For	Management
2.6	Approve Discharge of Supervisory Board	For	For	Management
3.1	Ratify Ernst & Young as Auditors	For	For	Management
3.2	Authorize Board to Prepare Annual Report in English	For	For	Management
4.1	Discussion about Company’s Corporate Governance Policy	None	None	Management
4.2	Approve Remuneration Policy of Management Board	For	For	Management
5.1A	Reelect T. Rembe to Supervisory Board	For	For	Management
5.1B	Reelect O. Olcay to Supervisory Board	For	For	Management
5.2A	Elect R. Dahan to Supervisory Board	For	For	Management
5.2B	Elect I. Bailey to Supervisory Board	For	For	Management
5.2C	Elect P Voser to Supervisory Board	For	For	Management
5.3	Announcement of Vacancies on Supervisory Board in 2005	None	None	Management
6.1	Grant Board Authority to Issue All Authorized Yet Unissued Shares	For	Against	Management
6.2	Grant Board Authority to Restrict/Exclude Preemptive Rights for Ordinary Share Issuance up to 30 Percent of the Issued Capital (Item 6.1)	For	Against	Management
6.3	Grant Board Authority to Issue Ordinary Shares Up to One Percent of Issued Share Capital for Employee Compensation Plan	For	For	Management
6.4	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
7	Other Business	None	None	Management
8	Close Meeting	None	None	Management

8

AEON CO. LTD. (FORMERLY JUSCO CO. LTD.)

Ticker:		Security ID:	JP3388200002
Meeting Date:	MAY 19, 2004	Meeting Type:	Annual
Record Date:	FEB 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles to: Expand Business Lines - Increase Authorized Capital from 600 Million to 1.2 Billion Shares - Authorize Share Repurchases at Board’s Discretion	For	For	Management
2.1	Elect Director	For	For	Management
2.2	Elect Director	For	For	Management
2.3	Elect Director	For	For	Management
2.4	Elect Director	For	For	Management
2.5	Elect Director	For	For	Management
2.6	Elect Director	For	For	Management
2.7	Elect Director	For	For	Management
2.8	Elect Director	For	For	Management

AGFA GEVAERT NV

Ticker:		Security ID:	BE0003755692
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:	APR 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Directors’ and Auditors’ Reports	None	None	Management
2	Approve Financial Statements	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 0.75 per Share	For	For	Management
4	Receive Consolidated Financial Statements and Statutory Reports	None	None	Management
5	Approve Discharge of Directors and Auditors	For	For	Management
6	Approve KPMG as Auditors and Fix Their Remuneration at EUR 345,388 Annually	For	For	Management
7	Appoint Barnells, Buttrick, Cornu, Haymon, Oosterlinck, Van Miert, and von Kyaw as Independent Directors in Accordance with the Requirements of the Belgian Companies Code	For	For	Management
8	Amend Articles of Association Re: Change-in-control Provision	For	For	Management

9

AGFA GEVAERT NV

Ticker:		Security ID:	BE0003755692
Meeting Date:	APR 27, 2004	Meeting Type:	Special
Record Date:	APR 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Renew Authorization to Issue Shares to Increase Share Capital within the Framework of Authorized Capital without Preemptive Rights for Period of Five Years	For	For	Management
2	Renew Authorization to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	Against	Management
3	Authorize Cancellation of 11,200,000 Repurchased Shares	For	For	Management
4	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
5	Authorize Two Directors to Carry Out Legal Formalities	For	For	Management

AJINOMOTO CO. INC.

Ticker:	AJINY	Security ID:	JP3119600009
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 6, Final JY 6, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
4.5	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Adjustment to Aggregate Compensation Ceiling for Statutory Auditors	For	For	Management
6	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management

10

AKZO-NOBEL NV

Ticker:	AZKBF	Security ID:	NL0000009132
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

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

ALCATEL (FORMERLY ALCATEL ALSTHOM)

Ticker:	ALA	Security ID:	FR0000130007
Meeting Date:	MAY 25, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Treatment of Losses	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Reelect Jozef Cornu as Director	For	For	Management
6	Authorize Issuance of Bonds/Debentures in the Aggregate Amount of EUR 10 Billion	For	Against	Management
7	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
8	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
9	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 750 Million	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 750 Million	For	For	Management
11	Set Global Limit for Capital Increase to Result from All Issuance Requests At EUR 750 Million	For	For	Management
12	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
13	Authorize Filing of Required Documents/Other Formalities	For	For	Management

11

ALFA LAVAL A B

Ticker:		Security ID:	SE0000695876
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:	APR 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive President’s Report	None	Did Not Vote	Management
8	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
9	Receive Board and Committee Reports	None	Did Not Vote	Management
10.1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
10.2	Approve Allocation of Income and Dividends of SEK 4 Per Share	For	Did Not Vote	Management
10.3	Approve Discharge of Board and President	For	Did Not Vote	Management
11	Recievie Nomination Committee Report	None	Did Not Vote	Management
12	Determine Number of Members (8) and Deputy Members (0) of Board; Determine Number of Auditors (2) and Deputy Auditors (2)	For	Did Not Vote	Management
13	Approve Remuneration of Directors in the Aggregate Amount of SEK 2.5 Million; Approve Remuneration of Auditors	For	Did Not Vote	Management
14	Reelect Lena Olving, Anders Narvinger, Finn Rausing, Joern Rausing, Christian Salomon, Bjoern Saven, and Waldemar Schmidt as Directors; Elect Gunilla Berg as New Director; Ratify Ganestam and Mouchard as Auditors and Olsson and Swenson as Deputy Auditors	For	Did Not Vote	Management
15.1A	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
15.1B	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management
15.2	Shareholder Proposal: Authorize Board to Establish an Audit Committee	Against	Did Not Vote	Shareholder
16	Other Business (Non-Voting)	None	Did Not Vote	Management
17	Close Meeting	None	Did Not Vote	Management

12

ALLEANZA ASSICURAZIONI SPA

Ticker:		Security ID:	IT0000078193
Meeting Date:	APR 22, 2004	Meeting Type:	Annual/Special
Record Date:	APR 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Fix Number of Directors on the Board; Elect Directors; Determine Directors’ Remuneration	For	For	Management
3	Authorize Reissuance of Repurchased Share To Service Executive Stock Option Plan	For	Against	Management
1	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management

ALLIANZ AG (FORMERLY ALLIANZ HOLDING AG)

Ticker:		Security ID:	5231485
Meeting Date:	MAY 5, 2004	Meeting Type:	Annual
Record Date:	APR 28, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.50 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Approve Creation of EUR 450 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
6	Approve Employee Stock Purchase Plan	For	For	Management
7	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 10 Billion with Preemptive Rights; Approve Creation of EUR 250 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
8	Authorize Repurchase of Issued Share Capital for Trading Purposes	For	For	Management
9	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
10	Approve Affiliation Agreements with Subsidiaries (Jota-Vermoegensverwaltungsgesellschaft mbH)	For	For	Management

13

ALLIED IRISH BANK PLC

Ticker:	AIB	Security ID:	IE0000197834
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:	APR 24, 2004

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

ALPHA BANK (FORMERLY ALPHA CREDIT BANK)

Ticker:		Security ID:	GRS015013006
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Approve Discharge of Board of Directors and Chartered Accountants	For	Did Not Vote	Management
3	Approve Chartered Accountants and Substitutes For Fiscal Year 2004 and Fix Their Remuneration	For	Did Not Vote	Management
4	Approve Transformation of Balance Sheets Dated March 2003 and June 2003 of ALPHA HOLDINGS ROMANIA and ALPHA INVEST respectively	For	Did Not Vote	Management
5	Approve Discharge of Board of Directors and Chartered Accountants of ALPHA HOLDINGS ROMANIA and ALPHA INVEST	For	Did Not Vote	Management
6	Amend Article 5 Re: Preemptive Rights	For	Did Not Vote	Management
7	Authorize Capitalization of Reserves for Bonus Issue or Increase in Par Value	For	Did Not Vote	Management
8	Amend Articles to Reflect Changes in Capital	For	Did Not Vote	Management
9	Authorize Share Repurchase Program	For	Did Not Vote	Management
10	Amend Articles 15.17 and 20 to Authorize Board to Issue Corporate Bonds in Compliance With Greek Law 3156/2003	For	Did Not Vote	Management
11	Approve Remuneration of Directors	For	Did Not Vote	Management
12	Authorize Directors to Participate in the Board of Companies with Similar Corporate Purpose	For	Did Not Vote	Management

14

ALPS ELECTRIC CO. LTD.

Ticker:	APELY	Security ID:	JP3126400005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 6, Final JY 6, Special JY 0	For	For	Management
2.1	Elect Director	For	For	Management
2.2	Elect Director	For	For	Management
2.3	Elect Director	For	For	Management
2.4	Elect Director	For	For	Management
2.5	Elect Director	For	For	Management
2.6	Elect Director	For	For	Management
2.7	Elect Director	For	For	Management
2.8	Elect Director	For	For	Management
2.9	Elect Director	For	For	Management
2.10	Elect Director	For	For	Management
2.11	Elect Director	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

15

ALSTOM

Ticker:		Security ID:	FR0000120198
Meeting Date:	JUL 2, 2003	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Treatment of Losses	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Elect Gerard Hauser as Director	For	For	Management
6	Ratify Barbier Frinault & Autres as Auditors	For	For	Management
7	Ratify Pascal Macioce as Alternate Auditor	For	For	Management
8	Ratify Deloitte Touche & Tohmatsu as Auditors	For	For	Management
9	Ratify BEAS as Alternate Auditors	For	For	Management
10	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
11	Confirm That Decline in the Company’s Shareholder Equity Relative to Its Capital Will Not Result in the Anticipated Liquidation of the Company	For	For	Management
12	Approve Reduction in Par Value from EUR 6 to EUR 1.25 Per Share	For	For	Management
13	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 600 Million	For	For	Management
14	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	Against	Management
15	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
16	Authorize Filing of Required Documents/Other Formalities	For	For	Management

ALSTOM

Ticker:		Security ID:	FR0000120198
Meeting Date:	SEP 24, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect James William Leng as Director	For	For	Management
2	Authorize Issuance of Shares with Preemptive Rights up to Aggregate Nominal Amount of EUR 300 Million	For	For	Management
3	Approve Bonus Issuance of Warrants to Purchase Shares up to Aggregate Nominal Amount of EUR 300 Million	For	For	Management
4	Authorize Issuance of Convertible Bonds with Preemptive Rights up to Nominal Value of EUR 1 Billion and Capital Increase Not to Exceed EUR 893 Million	For	For	Management
5	Cancel Issue Authority with Preemptive Rights Approved by Shareholders at July 2, 2003, AGM/EGM	For	For	Management
6	Approve Issuance of Shares up to Aggregate Nominal Amount of EUR 300 Million to French Government	For	For	Management
7	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	Against	Management
8	Authorize Filing of Required Documents/Other Formalities	For	For	Management

16

ALSTOM

Ticker:		Security ID:	FR0000120198
Meeting Date:	NOV 7, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect William Leng as Director	For	For	Management
2	Authorize Bonds Issuance Up to Nominal Value of EUR 200 Million to French Government	For	For	Management
3	Approve Bonus Issuance of Warrants to Purchase Up to 240 Million Shares	For	For	Management
4	Authorize Issuance of Up to 240 Million Shares to BNP Paribas, Credit Agricole Indosuez, CLIFAP, EZEPART, Credit Industriel et Commercial, CDC Ixis Capital Markets, Natexis Bleichschroeder SA and FINANPAR 17	For	For	Management
5	Authorize Issuance of Convertible Bonds with Preemptive Rights and Capital Increase Not to Exceed EUR 893 Million	For	For	Management
6	Authorize Issuance of Convertible Bonds Up to Nominal Value of EUR 300 Million and Capital Increase Not to Exceed EUR 300 Million to French Government	For	For	Management
7	Cancel Issue Authority with Preemptive Rights Approved by Shareholders at July 2, 2003, AGM/EGM	For	For	Management
8	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	Against	Management
9	Authorize Filing of Required Documents/Other Formalities	For	For	Management

ALSTOM

Ticker:		Security ID:	FR0000120198
Meeting Date:	SEP 15, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect James William Leng as Director	For	For	Management
2	Authorize Issuance of Shares with Preemptive Rights up to Aggregate Nominal Amount of EUR 300 Million	For	For	Management
3	Approve Bonus Issuance of Warrants to Purchase Shares up to Aggregate Nominal Amount of EUR 300 Million	For	For	Management
4	Authorize Issuance of Convertible Bonds with Preemptive Rights up to Nominal Value of EUR 1 Billion and Capital Increase Not to Exceed EUR 893 Million	For	For	Management
5	Cancel Issue Authority with Preemptive Rights Approved by Shareholders at July 2, 2003, AGM/EGM	For	For	Management
6	Approve Issuance of Shares up to Aggregate Nominal Amount of EUR 300 Million to French Government	For	For	Management
7	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	Against	Management
8	Authorize Filing of Required Documents/Other Formalities	For	For	Management

17

ALSTOM

Ticker:		Security ID:	FR0000120198
Meeting Date:	JUN 30, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Treatment of Losses	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Reelect Jean-Paul Bechat as Director	For	For	Management
6	Reelect Gerard Hauser as Director	For	For	Management
7	Reelect George Simpson as Director	For	For	Management
8	Elect Pascal Colombani as Director	For	For	Management
9	Change Location of Registered Office/Headquarters	For	For	Management
10	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
11	Amend Terms of Subordinated Loan (TSDD) Issued on December 23, 2003 and Reserved to French Government	For	For	Management
12	Confirm Decline in Shareholder Equity to Below Half the Nominal Value of Company’s Issued Capital; Oppose Liquidation of the Company	For	For	Management
13	Approve Reduction in Par Value from EUR 1.25 per Share to EUR 0.35 per Share; Amend Articles Accordingly	For	For	Management
14	Authorize Issuance of Equity in the Aggregate Amount of EUR 1.2 Billion Conditional Upon Approval of Items 12, 13, 15 and 16	For	For	Management
15	Authorize Issuance of Equity in the Aggregate Amount of EUR 700 Million Reserved to Certain Creditors Conditional Upon Approval of Items 12, 13, 14 and 16	For	For	Management
16	Authorize Issuance of Equity in the Aggregate Amount of EUR 500 Million Reserved to the French Government and CFDI Conditional Upon Approval of Items 12, 13, 14 and 15	For	For	Management
17	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
18	Approve Stock Option Plan Grants	For	For	Management
19	Amend Articles of Association to Reflect 2003 Legal Changes Re: Shareholding Disclosure Requirement, Powers of the Chairman, Role of Auditors, and Editorial Changes	For	Against	Management
20	Amend Articles of Association Re: Voting Requirements at Shareholder Meetings	For	For	Management
21	Authorize Filing of Required Documents/Other Formalities	For	For	Management

18

ALSTOM

Ticker:		Security ID:	FR0000120198
Meeting Date:	NOV 18, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect William Leng as Director	For	For	Management
2	Authorize Bonds Issuance Up to Nominal Value of EUR 200 Million to French Government	For	For	Management
3	Approve Bonus Issuance of Warrants to Purchase Up to 240 Million Shares	For	For	Management
4	Authorize Issuance of Up to 240 Million Shares to BNP Paribas, Credit Agricole Indosuez, CLIFAP, EZEPART, Credit Industriel et Commercial, CDC Ixis Capital Markets, Natexis Bleichschroeder SA and FINANPAR 17	For	For	Management
5	Authorize Issuance of Convertible Bonds with Preemptive Rights and Capital Increase Not to Exceed EUR 893 Million	For	For	Management
6	Authorize Issuance of Convertible Bonds Up to Nominal Value of EUR 300 Million and Capital Increase Not to Exceed EUR 300 Million to French Government	For	For	Management
7	Cancel Issue Authority with Preemptive Rights Approved by Shareholders at July 2, 2003, AGM/EGM	For	For	Management
8	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	Against	Management
9	Authorize Filing of Required Documents/Other Formalities	For	For	Management

ALTADIS S.A. (FORMERLY TABACALERA, S.A.)

Ticker:		Security ID:	ES0177040013
Meeting Date:	JUN 14, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Allocation of Income and Distribution of EUR 0.80 Per Share Dividend, and Discharge Directors	For	For	Management
2	Ratify Management Board	For	For	Management
3	Approve Auditors	For	For	Management
4	Approve EUR 4.4 Million Reduction in Capital Via Cancellation of 7.3 Million Shares; Ammend Company’s By-Laws Accordingly	For	For	Management
5	Authorize Share Repurchase Program	For	For	Management
6	Authorize Issuance of Bonds	For	For	Management
7	Amend Articles 22, 23, 25, and 28 Re: Elimination of Shareholidng Requirement to Attend Shareholder Meetings, Remote Voting, Elimination of Supermajority Quorums and Vote Requirement for Certain Proposals, Increase Shareholders’ Access to Information	For	For	Management
8	Approve General Meeting Guidelines	For	For	Management
9	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

19

ALTANA AG

Ticker:		Security ID:	DE0007600801
Meeting Date:	MAY 5, 2004	Meeting Type:	Annual
Record Date:

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

ALUMINA LTD (FORMERLY WMC LIMITED)

Ticker:		Security ID:	AU000000AWC3
Meeting Date:	APR 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Elect Peter A. F. Hay as Director	For	For	Management
3	Amend Articles Re: Unmarketable Parcels of Shares	For	For	Management

20

ALUMINUM CORPORATION OF CHINA LTD

Ticker:		Security ID:	CN0007659070
Meeting Date:	JUN 7, 2004	Meeting Type:	Annual
Record Date:	MAY 4, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Report of Directors	For	For	Management
2	Approve Report of Supervisory Committee	For	For	Management
3	Approve Financial Statements	For	For	Management
4	Approve Profit Distribution Plan and Approve Final Dividend of RMB0.096 Per Share	For	For	Management
5	Approve Remuneration of Directors and Supervisors	For	For	Management
6	Approve Payment of Housing Subsidy to Certain Directors and Payment of Performance Bonus to Certain Directors and Supervisors	For	Against	Management
7	Approve PricewaterhouseCoopers, Hong Kong, CPAs and PricewaterhouseCoopers Zhong Tian CPAs Ltd. Co. as International and Domestic Auditors, Respectively, and Authorize Audit Committee to Fix Their Remuneration	For	For	Management
8	Reelect Xiong Weiping, Joseph C. Muscari, Chen Xiaozhou, Chiu Chi Cheong Clifton and Wang Dianzuo as Directors and Elect Luo Jianchuan, Xiao Yaqing, Chen Jihua and Jiang Qiangui as New Directors to the Second Board of Directors	For	For	Management
9	Reelect Luo Tao, Yuan Li and Ou Xiaowu as Supervisors to the Second Supervisory Committee	For	For	Management
10	Amend Articles Re: Change in Total Share Capital and Shareholding Structure, Number of Independent Directors, Election of Directors, Voting at General Meetings and Material Interest of Directors in Contracts Entered into by the Company	For	For	Management
11	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management

ALUMINUM CORPORATION OF CHINA LTD

Ticker:		Security ID:	CN0007659070
Meeting Date:	DEC 29, 2003	Meeting Type:	Special
Record Date:	NOV 28, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Connected Transactions with a Related Party	For	For	Management

AMADA CO. LTD.

Ticker:		Security ID:	JP3122800000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Executive Stock Option Plan	For	For	Management
4	Approve Retirement Bonus for Director	For	For	Management

21

AMADEUS GLOBAL TRAVEL DISTRIBUTION SA

Ticker:		Security ID:	ES0109169013
Meeting Date:	JUN 14, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income	For	Against	Management
4	Approve Discharge of Management Board	For	For	Management
5	Elect Management Board	For	For	Management
6	Reelect Deloitte & Touche Espana S.L. as Auditors	For	For	Management
7	Approve Reduction in Share Capital Via Cancellation of 48.54 Million Class B Shares; Amend Article 5 to Reflect Change in Capital	For	For	Management
8	Amend Articles 12,14,17,20,22,23,25,27,29,30,31,32,33 Re: Shareholder Meetings, Meeting Notice, Attendance and Participation at the Meetings, Board Guidelines, General Meeting Guidelines, Remote Vote, Shareholder Access to Information	For	For	Management
9	Approve General Meeting Guidelines	For	For	Management
10	Modify Executive Stock Option Plan Approved at 06-16-00 AGM	For	Against	Management
11	Authorize Repurchase of Shares	For	For	Management
12	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

AMCOR LTD.

Ticker:	AMCR	Security ID:	AU000000AMC4
Meeting Date:	OCT 23, 2003	Meeting Type:	Annual
Record Date:	OCT 21, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Elect Ronald Keith Barton as Director	For	For	Management
2b	Elect George John Pizzey as Director	For	For	Management
3	Approve Increase in Aggregate Remuneration of Directors in the Amount of Not Exceeding AUD 2,000,000	For	For	Management

22

AMEC PLC

Ticker:		Security ID:	GB0000282623
Meeting Date:	MAY 19, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 6.9 Pence Per Ordinary Share	For	For	Management
3	Approve Remuneration Report	For	For	Management
4	Approve the Remuneration Policy Set Out in the Directors’ Remuneration Report	For	For	Management
5	Re-elect Jock Green-Armytage as Director	For	For	Management
6	Elect Carlos Riva as Director	For	For	Management
7	Re-elect Stuart Siddall as Director	For	For	Management
8	Re-elect Martha Hesse as Director	For	For	Management
9	Re-appoint KPMG Audit Plc as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
10	Authorise 30,097,456 Ordinary Shares for Market Purchase	For	For	Management

AMERSHAM PLC (FORMERLY NYCOMED AMERSHAM PLC)

Ticker:	NYE	Security ID:	GB0002747532
Meeting Date:	MAR 17, 2004	Meeting Type:	Court
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Scheme of Arrangement Re: Acquisition by General Electric Company and GE Investments, Inc. of Amersham	For	For	Management

AMERSHAM PLC (FORMERLY NYCOMED AMERSHAM PLC)

Ticker:	NYE.B	Security ID:	GB0002747532
Meeting Date:	MAR 17, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Scheme of Arrangement; and Amend Articles Re: Scheme	For	For	Management

23

AMMB HOLDINGS BERHAD

Ticker:		Security ID:	MYL1015OO006
Meeting Date:	OCT 13, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Capitalization of Up to MYR631.10 Million from the Share Premium Account of the Company for a Proposed Bonus Issue of Up to 631.10 Million New Ordinary Shares to be Distributed on the Basis of One New Share for Every Two Existing Shares Held	For	Did Not Vote	Management
2	Approve Renounceable Rights Issue of Up to 378.66 Million New Ordinary Shares of MYR1.00 Each at an Issue Price of MYR1.10 Per Share on the Basis of One New Share for Every Five Existing Shares Held After the Bonus Issue	For	Did Not Vote	Management
3	Approve Increase in Authorized Share Capital from MYR2 Billion Divided Into Two Billion Shares of MYR1.00 Each to MYR5 Billion Divided Into Five Billion Shares of MYR1.00 Each by Creating Three Billion New Ordinary Shares of MYR1.00 Each	For	Did Not Vote	Management
1	Approve Amendment to the Capital Clause in the Memorandum of Association of the Company	For	Did Not Vote	Management
2	Approve Amendment to Article 3 (Authorized Share Capital) of the Articles of Association of the Company	For	Did Not Vote	Management

AMMB HOLDINGS BERHAD

Ticker:		Security ID:	MYL1015OO006
Meeting Date:	SEP 24, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended Mar. 31, 2003	For	For	Management
2	Approve a First and Final Dividend of Five Percent Less Tax for the Year Ended Mar. 31, 2003	For	For	Management
3	Approve Remuneration of Directors for the Year Ended Mar. 31, 2003	For	For	Management
4	Elect Azlan Hashim as Director	For	For	Management
5	Elect Tun Mohammed Hanif Omar as Director	For	For	Management
6	Elect Soo Kim Wai as Director	For	For	Management
7	Elect Mohd. Tahir Haji Abdul Rahim as Director	For	For	Management
8	Approve Deloitte KassimChan as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Approve Issuance of Shares Pursuant to Employees’Share Option Scheme II	For	Against	Management
10	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights in Any Amount Up to Ten Percent of Issued Share Capital	For	For	Management

24

LAND & HOUSE PUBLIC CO. LTD.

Ticker:		Security ID:	TH0143010Z08
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:	APR 7, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Minutes of Previous EGM	For	For	Management
2	Accept Report on Company Performance in 2003	For	For	Management
3	Accept Financial Statements and Statutory Reports	For	For	Management
4	Approve Allocation of Income and Final Dividend of Baht 0.70 per Share	For	For	Management
5	Elect Directors and Fix Their Remuneration	For	For	Management
6	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Authorize Issuance of Debentures Not Exceeding Baht 5 Billion	For	For	Management
8	Other Business	For	Against	Management

LARSEN & TOUBRO LTD

Ticker:		Security ID:	INE018A01014
Meeting Date:	FEB 3, 2004	Meeting Type:	Court
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Scheme of Arrangement Between UltraTech CemCo Ltd., Grasim Industries Ltd. and the Company	For	Did Not Vote	Management
2	Amend Par Value of Common Stock	For	Did Not Vote	Management

225

LARSEN & TOUBRO LTD

Ticker:		Security ID:	INE018A01014
Meeting Date:	FEB 3, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Scheme of Arrangement Between UltraTech CemCo Ltd., Grasim Industries Ltd. and the Company	For	Did Not Vote	Management
2	Amend Par Value of Common Stock	For	Did Not Vote	Management

LAWSON, INC.

Ticker:		Security ID:	JP3982100004
Meeting Date:	MAY 28, 2004	Meeting Type:	Annual
Record Date:	FEB 29, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 20, Final JY 21, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	Against	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	Against	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

226

LEGAL & GENERAL GROUP PLC

Ticker:		Security ID:	GB0005603997
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 3.33 Pence Per Ordinary Share	For	For	Management
3	Re-elect Kate Avery as Director	For	For	Management
4	Re-elect Barrie Morgans as Director	For	For	Management
5	Elect John Pollock as Director	For	For	Management
6	Re-elect David Prosser as Director	For	For	Management
7	Re-elect Ronaldo Schmitz as Director	For	For	Management
8	Elect James Strachan as Director	For	For	Management
9	Reappoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
10	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
11	Approve Remuneration Report	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 8,129,827	For	For	Management
13	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 8,129,827	For	For	Management
14	Authorise 325,193,096 Ordinary Shares for Market Purchase	For	For	Management
15	Amend Articles of Association Re: Authorised Share Capital	For	For	Management
16	Approve Increase in Remuneration of Non-Executive Directors from GBP 750,000 to GBP 1,000,000	For	For	Management
17	Amend Articles of Association Re: Retirement of Directors by Rotation	For	For	Management
18	Approve Legal and General Group Plc Share Bonus Plan 2004	For	For	Management
19	Approve Legal and General Group Plc Performance Share Plan 2004	For	For	Management

LEIGHTON HOLDINGS LTD.

Ticker:		Security ID:	AU000000LEI5
Meeting Date:	NOV 6, 2003	Meeting Type:	Annual
Record Date:	NOV 4, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2.1	Elect A Drescher as Director	For	For	Management
2.2	Elect I R Johnson as Director	For	For	Management
2.3	Elect D A Mortimer as Director	For	For	Management

LEND LEASE CORPORATION LTD.

Ticker:		Security ID:	AU000000LLC3
Meeting Date:	NOV 12, 2003	Meeting Type:	Annual
Record Date:	NOV 10, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	None	None	Management
2	Elect J. E. Curin as Director	For	For	Management
3	Elect G. G. Edington as Director	For	Against	Management
4	Elect P. C. Goldmark as Director	For	Against	Management
5	Elect R. A. Longes as Director	For	For	Management
6	Renew Partial Takeover Provision	For	For	Management
7	Approve Renewal of Non-Executive Directors’ Share Ownership Plan	For	For	Management
8	Approve Market Share Buyback	For	For	Management

227

LI & FUNG

Ticker:		Security ID:	BMG5485F1445
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$0.25 Per Share	For	For	Management
3a	Reelect Danny Lau Sai Wing as Executive Director	For	For	Management
3b	Reelect Annabella Leung Wai Ping as Executive Director	For	For	Management
3c	Reelect Paul Edward Selway-Swift as Independent Non-Executive Director	For	For	Management
4	Approve Remuneration of All Directors at HK$80,000 and Additional Remuneration of HK$50,000 for Non-Executive Directors Serving on the Audit Committee	For	For	Management
5	Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
7	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
8	Authorize Reissuance of Repurchased Shares	For	For	Management
9	Amend Bylaws Re: Voting at General Meetings, Material Interest of Directors in Contracts Entered into by the Company, Nomination of Directors	For	For	Management

LI & FUNG

Ticker:		Security ID:	BMG5485F1445
Meeting Date:	SEP 22, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Acquisition of Remaining Interest in International Sourcing Group LLC. for a Total Consideration of $5.2 Million to be Satisfied by the Issuance of 3.8 Million New Shares of HK$0.025 Each	For	For	Management

228

LINDE AG

Ticker:		Security ID:	DE0006483001
Meeting Date:	MAY 18, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.13 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify KPMG Deutsche Treuhand-Gesellschaft AG as Auditors	For	For	Management
6	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
7	Amend Articles Re: Designate Electronic Publications for Meeting Anouncements and Invitations to Shareholder Meetings	For	For	Management

LLOYDS TSB GROUP PLC (FORMERLY TSB GROUP)

Ticker:		Security ID:	GB0008706128
Meeting Date:	MAY 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3a	Elect Peter Ayliffe as Director	For	For	Management
3b	Elect Wolfgang Berndt as Director	For	For	Management
3c	Elect Angela Knight as Director	For	For	Management
3d	Elect Helen Weir as Director	For	For	Management
4a	Re-elect Ewan Brown as Director	For	For	Management
4b	Re-elect Eric Daniels as Director	For	For	Management
4c	Re-elect David Pritchard as Director	For	For	Management
4d	Re-elect Maarten van den Bergh as Director	For	For	Management
5	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
6	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
7	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 334,068,329; USD 40,000,000; EUR 40,000,000 and JPY 1,250,000,000	For	For	Management
8	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 70,913,582	For	For	Management
9	Authorise 567 Million Ordinary Shares for Market Purchase	For	For	Management
10	Adopt New Articles of Association	For	For	Management
11	Approve Lloyds TSB Performance Share Plan and Amend Lloyds TSB Group No 2 Executive Share Options Scheme 1997	For	For	Management

229

LOGICACMG PLC(FRMLY LOGICA PLC)

Ticker:		Security ID:	GB0005227086
Meeting Date:	MAY 18, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 3.4 Pence Per Ordinary Share	For	For	Management
3	Approve Remuneration Report	For	For	Management
4	Re-appoint Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
5	Re-elect Seamus Keating as Director	For	For	Management
6	Re-elect Angela Knight as Director	For	For	Management
7	Re-elect Martin Read as Director	For	For	Management
8	Authorise 75,001,960 Ordinary Shares for Market Purchase	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 25,000,653	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 3,750,098	For	For	Management

LOGITECH INTERNATIONAL

Ticker:		Security ID:	CH0012607195
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Board Report on Company Operations	None	None	Management
2	Accept Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Omission of Dividends	For	For	Management
4	Approve Creation of CHF 10 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
5	Authorize Repurchase of up to Ten Percent of Issued Share Capital	For	For	Management
6	Approve Discharge of Board and Senior Management	For	For	Management
7.1.1	Elect Monika Ribar as Director	For	For	Management
7.1.2	Elect Shin’ichi Okamoto as Director	For	For	Management
7.1.3	Reelect Guerrino De Luca as Director	For	For	Management
7.1.4	Reelect Daniel Borel as Director	For	For	Management
7.2	Ratify PricewaterhouseCoopers SA as Auditors	For	For	Management

230

LONZA GROUP LTD.

Ticker:		Security ID:	CH0013841017
Meeting Date:	MAR 31, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of CHF 1.30 per Share	For	For	Management
4	Approve Discharge of Board and Senior Management	For	For	Management
5	Reelect Peter Kalantzis, Bernard Mach, Sergio Marchionne, and Richard Sykes as Directors; Elect Peter Wilden as Director	For	For	Management
6	Reelect KPMG Fides Peat as Auditors	For	For	Management

LUFTHANSA (DEUTSCHE LUFTHANSA AG)

Ticker:		Security ID:	DE0008232125
Meeting Date:	JUN 16, 2004	Meeting Type:	Annual
Record Date:	JUN 11, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Discharge of Management Board	For	For	Management
3	Approve Discharge of Supervisory Board	For	For	Management
4	Amend Articles Re: Allow for the Issuance of Dividends in Kind	For	For	Management
5	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
6	Approve Creation of EUR 25 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
7	Ratify PwC Deutsche Revision AG as Auditors	For	For	Management

231

LVMH MOET HENNESSY LOUIS VUITTON

Ticker:	LVMHY	Security ID:	FR0000121014
Meeting Date:	MAY 13, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
2	Approve Financial Statements and Discharge Directors	For	For	Management
3	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
4	Approve Allocation of Income and Net Dividends of EUR 0.85 per Share	For	For	Management
5	Ratify Cooptation and Reelect Delphine Arnault as Director	For	Against	Management
6	Reelect Bernard Arnault as Director	For	Against	Management
7	Reelect Jean Arnault as Director	For	Against	Management
8	Reelect Nicholas Clive-Worms as Director	For	Against	Management
9	Reelect Felix G. Rohatyn as Director	For	Against	Management
10	Elect Patrick Houel as Director	For	Against	Management
11	Elect Hubert Vedrine as Director	For	Against	Management
12	Appoint Kilian Hennesy as Censor	For	For	Management
13	Ratify Deloitte Touche Tohmatsu Audit as Auditors	For	For	Management
14	Ratify Ernst & Young Audit as Auditors	For	For	Management
15	Ratify Denis Grison as Alternate Auditor	For	For	Management
16	Ratify Dominique Thouvenin as Alternate Auditor	For	For	Management
17	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
18	Approve Remuneration of Directors in the Aggregate Amount of EUR 1.14 Million	For	For	Management
19	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
20	Amend Articles of Association Re: Board Size and Terms of Directors, Minimum Share Ownership Requirement for Board Members, Role of Chairman, and Editorial Changes	For	For	Management

MAANSHAN IRON & STEEL COMPANY LTD.

Ticker:	MISCY	Security ID:	CN0008881962
Meeting Date:	JUN 1, 2004	Meeting Type:	Annual
Record Date:	APR 30, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Report of the Directors	For	For	Management
2	Accept Report of the Supervisory Committee	For	For	Management
3	Accept Financial Statements and Statutory Reports	For	For	Management
4	Approve Proposed Profit Appropriation	For	For	Management
5	Approve Ernst & Young Hua Ming and Ernst & Young as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Approve Remuneration of the Fourth Session of the Board of Directors, Independent Directors, Fourth Session of Supervisory Committee, Independent Supervisors Not Exceeding RMB4.3 Million, RMB30,000, RMB1.7 Million and RMB20,000 Respectively	For	For	Management
1	Amend Articles of Association	For	For	Management
2	Authorize Board to Effect Proposed Amendments to the Articles of Association	For	For	Management
3	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management

232

MABUCHI MOTOR CO. LTD.

Ticker:		Security ID:	JP3870000001
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 67, Final JY 25, Special JY 36	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
3.4	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonus for Statutory Auditor	For	For	Management

MACQUARIE BANK LTD

Ticker:		Security ID:	AU000000MBL3
Meeting Date:	JUL 29, 2004	Meeting Type:	Annual
Record Date:	JUL 27, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	None	None	Management
2	Elect David S. Clarke as Director	For	Against	Management
3	Elect Mark R. G. Johnson as Director	For	For	Management
4	Elect John J. Allpass as Director	For	For	Management
5	Elect Catherine B. Livingstone as Director	For	For	Management
6	Approve Grant of Up to 165,600 Options to Allan E. Moss, Managing Director, Pursuant to the Macquarie Bank Employee Share Option Plan	For	Against	Management
7	Approve Grant of Up to 20,900 Options to Mark R. G. Johnson, Executive Director, Pursuant to the Macquarie Bank Employee Share Option Plan	For	Against	Management
8	Approve Grant of Up to 8,4000 Options to Laurie G. Cox, Executive Director, Pursuant to the Macquarie Bank Employee Share Option Plan	For	Against	Management
9	Approve Grant of Up to 82,800 Options to David S. Clarke, Executive Chairman, Pursuant to the macquarie Bank Employee Share Option Plan	For	Against	Management
10	Amend Articles Re: Corporations Act References, the Cancellation, Postponement and Change of Venue of General Meetings, Retirement of Voting Directors and the Rights and Responsibilities of Alternate Voting Directors	For	For	Management

233

MACQUARIE BANK LTD

Ticker:		Security ID:	AU000000MBL3
Meeting Date:	JUL 31, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Elect Barrie Martin as Director	For	For	Management
3	Elect Kevin McCann as Director	For	For	Management
4	Elect Laurie Cox as Director	For	For	Management
5	Elect John Niland as Director	For	For	Management
6	Elect Peter Kirby as Director	For	For	Management
7	Approve Increase in Maximum Aggregate Remuneration of Voting Directors in the Amount of AUD 1.6 Million	For	For	Management

MACQUARIE INFRASTRUCTURE GROUP (INFRASTRUCTURE TRUST OF AUSTRAL

Ticker:		Security ID:	AU000000MIG8
Meeting Date:	OCT 29, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Ratification of the Issue of Conversion Rights in the Form of Options	For	For	Management
2	Approve Issue of Fully-Paid Securities	For	For	Management
3	Amend Constitution RE: Distribution and Dividend Reinvestment Plan	For	For	Management
1	Approve Ratification of the Issue of Conversion Rights in the Form of Options	For	For	Management
2	Approve Issue of Fully-Paid Securities	For	For	Management
3	Amend Constitution RE: Distribution and Dividend Reinvestment Plan	For	For	Management
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Elect John Poulter as Director	For	For	Management
3	Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
4	Approve Stock Dividend Program	For	For	Management
5	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 780,743,788	For	For	Management
6	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 780,743,788	For	For	Management
7	Approve Issue of Fully-Paid Securities	For	For	Management

234

MALAYSIA MINING CORP. BHD

Ticker:		Security ID:	MYL2194OO008
Meeting Date:	JUL 18, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended Jan. 31, 2003	For	For	Management
2	Approve Final Dividend of MYR0.04 Per Share Comprising MYR0.03 Per Share Less 28 Percent Tax and MYR0.01 Per Share Tax Exempt for the Year Ended Jan. 31, 2003	For	For	Management
3a	Elect Syed Abdul Jabbar Shahabudin as Director in Accordance with Article 77 of the Company’s Articles of Association	For	For	Management
3b	Elect Wan Abdul Rahman bin Haji Wan Yaacob as Director in Accordance with Article 77 of the Company’s Articles of Association	For	For	Management
3a	Elect Ismail Shahudin as Director in Accordance with Article 84 of the Company’s Articles of Association	For	For	Management
3b	Elect Haji Ahmad Zaidee bin Laidin as Director in Accordance with Article 84 of the Company’s Articles of Association	For	For	Management
3c	Elect Halim bin Haji Din as Director in Accordance with Article 84 of the Company’s Articles of Association	For	For	Management
3a	Elect Mohd. Sidik bin Shaik Osman as Director in Accordance with Article 84 of the Company’s Articles of Association	For	For	Management
4	Elect Thong Yaw Hong as Director	For	For	Management
5	Approve Remuneration of Directors in the Amount of MYR552,399 for the Year Ended Jan. 31, 2003	For	For	Management
6	Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights in Any Amount Up to Ten Percent of Issued Share Capital	For	For	Management

MALAYSIAN AIRLINE SYSTEMS BERHAD

Ticker:		Security ID:	MYL3786OO000
Meeting Date:	SEP 8, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended Mar. 31, 2003	For	For	Management
2	Approve Remuneration of Directors for the Financial Year Ended Mar. 31, 2003	For	For	Management
3	Elect Seri Azizan Bin Zainul Abidin as Director	For	For	Management
4	Elect Samsudin Bin Hitam as Director	For	Against	Management
5	Elect Md. Nor Bin Md. Yusof as Director	For	For	Management
6	Elect Hj. Salleh Bin Hj. Sulaiman as Director	For	For	Management
7	Elect Hj. S Abdillah @ Abdullah Bin Hassan @ S Hassan as Director	For	For	Management
8	Elect Gumuri Bin Hj. Hussain as Director	For	For	Management
9	Approve Ernst & Young as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
10	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights in Any Amount Up to Ten Percent of Issued Share Capital	For	For	Management
11	Other Business (Voting)	For	Against	Management

235

MALAYSIAN OXYGEN BERHAD

Ticker:		Security ID:	MYL3832OO002
Meeting Date:	SEP 9, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Proposed Amendments to Clause 3 of the Memorandum of Association of the Company	For	For	Management

MALAYSIAN RESOURCES CORPORATION BERHAD

Ticker:		Security ID:	MYL1651OO008
Meeting Date:	MAY 20, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Financial Year Ended Dec. 31, 2003	For	For	Management
2	Elect Zahari Omar as Director	For	For	Management
3	Elect Shahril Ridza Ridzuan as Director	For	For	Management
4	Elect Roslan A. Ghaffar as Director	For	For	Management
5	Approve Remuneration of Directors in the Amount of MYR195,000 for the Period Ended Dec. 31, 2003	For	For	Management
6	Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights in Any Amount Up to Ten Percent of Issued Share Capital	For	For	Management
8	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions Set Out as Item 1 of Section 2.1.2 of the Circular set out as item 2 of Section 2.1.2 of the Circular	For	For	Management
9	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions Set Out as Item 2 of Section 2.1.2 of the Circular	For	For	Management
10	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions Set Out as Items 3, 4 and 5 of Section 2.1.2 of the Circular	For	For	Management

236

MAN AG

Ticker:		Security ID:	DE0005937007
Meeting Date:	JUN 9, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 0.75 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
6	Amend Articles Re: Changes to the Remuneration of the Supervisory Board Members and Amendment to the Articles	For	For	Management
7	Approve Affiliation Agreements with a Subsidiary (MAN Altersversorgung GmbH)	For	For	Management
8	Ratify BDO Deutsche Warentreuhand AG as Auditors	For	For	Management

MARKS & SPENCER GROUP PLC (FORMERLY MARKS & SPENCER PLC)

Ticker:		Security ID:	GB0031274896
Meeting Date:	JUL 14, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 7.1 Pence Per Ordinary Share	For	For	Management
4	Elect Maurice Helfgott as Director	For	For	Management
5	Elect Mark McKeon as Director	For	For	Management
6	Elect Stuart Rose as Director	For	For	Management
7	Elect Charles Wilson as Director	For	For	Management
8	Re-elect Kevin Lomax as Director	For	For	Management
9	Re-elect Paul Myners as Director	For	For	Management
10	Re-elect Brian Baldock as Director	For	For	Management
11	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 188,790,912	For	For	Management
13	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 28,318,636	For	For	Management
14	Authorise 226 Million Ordinary Shares for Market Purchase	For	For	Management

237

MARKS & SPENCER GROUP PLC (FORMERLY MARKS & SPENCER PLC)

Ticker:		Security ID:	GB0031274896
Meeting Date:	JUL 16, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 6.5 Pence Per Share	For	For	Management
4	Elect Justin King as Director	For	For	Management
5	Elect Vittorio Radice as Director	For	For	Management
6	Reelect Roger Holmes as Director	For	For	Management
7	Reelect Jack Keenan as Director	For	For	Management
8	Reelect Laurel Power-Freeling as Director	For	For	Management
9	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 189,208,626	For	For	Management
11	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 28,381,293	For	For	Management
12	Authorize 227 Million Ordinary Shares for Share Repurchase Program	For	For	Management

MARUBENI CORP.

Ticker:		Security ID:	JP3877600001
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends on Ordinary Shares: Interim JY 0, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

238

MARUI CO. LTD.

Ticker:		Security ID:	JP3870400003
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 11, Special JY 0	For	For	Management
2.1	Elect Director	For	For	Management
2.2	Elect Director	For	For	Management
2.3	Elect Director	For	For	Management
2.4	Elect Director	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

MARUI CO. LTD.

Ticker:		Security ID:	JP3870400003
Meeting Date:	DEC 25, 2003	Meeting Type:	Annual
Record Date:	SEP 30, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 15, Special JY 0	For	For	Management
2	Amend Articles to: Allow Share Repurchases at Board’s Discretion	For	For	Management

MATSUSHITA ELECTRIC INDUSTRIAL CO. LTD.

Ticker:	MCCM	Security ID:	JP3866800000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

239

MATSUSHITA ELECTRIC WORKS LTD.

Ticker:		Security ID:	JP3867600003
Meeting Date:	FEB 18, 2004	Meeting Type:	Annual
Record Date:	NOV 30, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 6.25, Final JY 6.25, Special JY 1.5	For	For	Management
2	Amend Articles to: Clarify Director Authorities in Connection with Introduction of Executive Officer System - Limit Directors’ Legal Liability - Lower Quorum Requirement - Authorize Share Repuchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management
6	Approve Retirement Bonuses for Statutory Auditors	For	For	Management

240

MAXIS COMMUNICATIONS BHD

Ticker:		Security ID:	MYL5051OO007
Meeting Date:	SEP 29, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Grant of an Option to MEASAT Broadcast Network Systems to Subscribe for Ordinary Shares of MYR1.00 Each in Advanced Wireless Technologies, a Wholly-Owned Subsidiary of Maxis Communication Bhd	For	For	Management
2	Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with MEASAT Broadcast Network Systems Sdn Bhd and Multimedia Interactive Technologies Sdn Bhd	For	For	Management
3	Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with SRG Asia Pacific Sdn Bhd and UT Projects Sdn Bhd	For	For	Management
4	Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Binariang Satellite Systems Sdn Bhd	For	For	Management
5	Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Tanjong Golden Village Sdn Bhd and Tanjong City Centre Property Management Sdn Bhd	For	For	Management
6	Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Arena Johan Sdn Bhd	For	For	Management
7	Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Oakwood, Arab Malaysian Property Trust Management, MBf Property Holdings, AmFinance, Resorts World, Genting Highlands,Genting Golf Course & Genting Property Management	For	For	Management
8	Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with HelTech Padu Bhd	For	For	Management

MAYNE GROUP LTD (FORMERLY MAYNE NICKLESS LIMITED)

Ticker:	MAYNY	Security ID:	AU000000MAY8
Meeting Date:	MAR 4, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Buyback of up to 180 Million Ordinary Shares	For	For	Management

MAYNE GROUP LTD (FORMERLY MAYNE NICKLESS LIMITED)

Ticker:	MAYNY	Security ID:	AU000000MAY8
Meeting Date:	NOV 10, 2003	Meeting Type:	Annual
Record Date:	NOV 8, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	None	None	Management
2	Elect Peter Barnett as Director	For	For	Management
3	Elect Rowan Russel as Director	For	For	Management
4	Renew Partial Takeover Provision	For	For	Management
5	Approve Stock Option Plan Grant to S B James	For	For	Management

241

MEDIASET SPA

Ticker:	MDIEY	Security ID:	IT0001063210
Meeting Date:	APR 27, 2004	Meeting Type:	Annual/Special
Record Date:	APR 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements, Consolidated Accounts, and Statutory Reports	For	For	Management
2	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
1	Adopt New Articles of Association To Reflect New Italian Company Law Regulations	For	Against	Management

MEDIOBANCA SPA

Ticker:		Security ID:	IT0000062957
Meeting Date:	OCT 28, 2003	Meeting Type:	Annual/Special
Record Date:	OCT 23, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles of Association	For	For	Management
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Fix Number of Directors on the Board; Elect Directors	For	For	Management
3	Appoint Internal Statutory Auditors; Approve Remuneration of Auditors	For	For	Management
4	Appoint External Auditors	For	For	Management

MEDIOBANCA SPA

Ticker:		Security ID:	IT0000062957
Meeting Date:	JUN 25, 2004	Meeting Type:	Special
Record Date:	JUN 18, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles To Reflect New Italian Company Law Regulations; Cancel One Article from the Bylaws, Introduce One New Article, and Renumber Articles of Association	For	Against	Management
2	Approve Increase in Share Capital in the Order of EUR 7.5 Million Pursuant to Share Option Scheme In Favor of Directors and Employees; Amend Article 4 of the Bylaws Accordingly	For	Against	Management

242

MEDIOLANUM SPA

Ticker:		Security ID:	IT0001279501
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:	APR 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Fix Number of Directors on the Board; Elect Directors	For	For	Management
3	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
1	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management

MEIJI SEIKA KAISHA LTD.

Ticker:		Security ID:	JP3917000006
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3.5, Final JY 3.5, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion - Limit Directors’ and Internal Auditors’Legal Liability	For	For	Management
3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonus for Statutory Auditor	For	For	Management

MEITEC CORP.

Ticker:		Security ID:	JP3919200000
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 29, Final JY 29, Special JY 20	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Stock-Swap Merger Agreement with Drake Beam Morin-Japan Inc.	For	For	Management
4	Approve Executive Stock Option Plan	For	For	Management
5	Elect Director	For	For	Management
6	Appoint Internal Statutory Auditor	For	For	Management

243

MERCK KGAA

Ticker:		Security ID:	DE0006599905
Meeting Date:	MAR 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Accept Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 0.80 per Share	For	For	Management
4	Approve Discharge of Personally Liable Partners	For	For	Management
5	Approve Discharge of Supervisory Board	For	For	Management
6	Ratify KPMG Deutsche Treuhand-Gesellschaft AG as Auditors	For	For	Management
7	Elect Karl-Ludwig Kley and Wilhelm Simson to Supervisory Board	For	For	Management
8	Approve Creation of EUR 64.3 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management

METRO AG

Ticker:		Security ID:	DE0007257503
Meeting Date:	JUN 4, 2004	Meeting Type:	Annual
Record Date:

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

244

METSO CORPORATION (FORMERLYVALMET-RAUMA CORPORATION)

Ticker:	MX	Security ID:	FI0009007835
Meeting Date:	APR 6, 2004	Meeting Type:	Annual
Record Date:	MAR 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements	None	None	Management
1.2	Receive Auditor’s Report	None	None	Management
1.3	Accept Financial Statements and Statutory Reports	For	For	Management
1.4	Approve Allocation of Income and Dividends of EUR 0.20 Per Share	For	For	Management
1.5	Approve Discharge of Board and President	For	For	Management
1.6	Fix Number of Directors	For	For	Management
1.7	Approve Remuneration of Directors and Auditors	For	For	Management
1.8	Elect Directors	For	For	Management
1.9	Ratify Auditors	For	For	Management
2	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	For	Management
3	Authorize Reissuance of Repurchased Shares	For	For	Management
4	Approve Issuance of Shares, Convertible Bonds, or Stock Options without Preemptive Rights; Reserve 12.5 Million Shares for Issuance	For	For	Management

MFI FURNITURE GROUP PLC

Ticker:		Security ID:	GB0005576813
Meeting Date:	MAY 20, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 2 Pence Per Ordinary Share	For	For	Management
3	Re-elect Martin Clifford-King as Director	For	For	Management
4	Re-elect Tony De Nunzio as Director	For	For	Management
5	Re-elect Bob Wilson as Director	For	For	Management
6	Elect Shaun O’Callaghan as Director	For	For	Management
7	Approve Remuneration Report	For	Against	Management
8	Re-appoint Deloitte and Touche LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 15,428,675	For	For	Management
10	Adopt New Articles of Association	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 3,104,326	For	For	Management
12	Authorise 62,086,526 Ordinary Shares for Market Purchase	For	For	Management

245

MICHELIN ET CIE.

Ticker:		Security ID:	4588364
Meeting Date:	MAY 14, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Dividends of EUR 1.395 per Share	For	For	Management
3	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Reelect Eric Bourdais de Charbonniere as Supervisory Board Member	For	For	Management
6	Reelect Francois Grappotte as Supervisory Board Member	For	For	Management
7	Ratify PricewaterhouseCoopers Audit as Auditors	For	For	Management
8	Ratify Pierre Coll as Alternate Auditor	For	For	Management
9	Ratify Corevise as Auditors	For	For	Management
10	Ratify Jacques Zaks as Alternate Auditor	For	For	Management
11	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
12	Approve Stock Option Plan Grants	For	For	Management
13	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management

MILLEA HOLDINGS INC.

Ticker:		Security ID:	JP3910660004
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 11,000, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

246

MILLENIUM BCP (FORMERLY BANCO COMERCIAL PORTUGUES S.A.)

Ticker:	BPC	Security ID:	PTBCP0AM0007
Meeting Date:	MAR 15, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Approve Allocation of Income	For	Did Not Vote	Management
3	Approve Discharge of Management and Supervisory Boards	For	Did Not Vote	Management
4	Amend Articles	For	Did Not Vote	Management
5	Ratify Appointment of Superior Council Member	For	Did Not Vote	Management
6	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	Did Not Vote	Management
7	Authorize Repurchase and Reissuance of Bonds	For	Did Not Vote	Management

MINEBEA CO. LTD.

Ticker:		Security ID:	JP3906000009
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 7, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuse for Statutory Auditor	For	For	Management

MIRVAC GROUP

Ticker:		Security ID:	AU000000MGR9
Meeting Date:	NOV 6, 2003	Meeting Type:	Annual
Record Date:	NOV 4, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Anna Buduls as Director	For	For	Management
2	Elect Barry Nell as Director	For	For	Management
3	Elect Robert Webster as Director	For	For	Management
4	Approve Distribution Reinvestment Plan	For	For	Management
5	Ratify Past Issuance of 49.75 Million Fully Paid Ordinary Mirvac Group Stapled Securities on Feb. 18, 2003	For	For	Management
6	Approve Increase in the Remuneration of Non-Executive Directors to AUD600,000 Per Annum	For	For	Management
7	Approve the Participation of Barry H R Neri, Executive Director, in the Employee Incentive Scheme	For	For	Management
8	Approve the Participation of Dennis J Broil, Execuitve Director, in the Employee Incentive Scheme	For	For	Management

247

MISYS PLC

Ticker:		Security ID:	GB0003857850
Meeting Date:	SEP 30, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 3.55 Pence Per Share	For	For	Management
4	Reelect Kevin Lomax as Director	For	For	Management
5	Reelect Dominic Cadbury as Director	For	For	Management
6	Reelect George Farr as Director	For	For	Management
7	Elect Jurgen Zech as Director	For	For	Management
8	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 1,864,606	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 279,690	For	For	Management
11	Authorize up to GBP 559,381 for Share Repurchase Program	For	For	Management
12	Authorize EU Political Donations up to GBP 50,000	For	For	Management
13	Amend Employee Share Incentive Plans	For	Against	Management

248

MITCHELLS & BUTLERS PLC

Ticker:		Security ID:	GB0033839910
Meeting Date:	FEB 12, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 5.65 Pence Per Share	For	For	Management
4.1	Reelect Mike Bramley as Director	For	For	Management
4.2	Reelect Roger Carr as Director	For	For	Management
4.3	Reelect Tim Clarke as Director	For	For	Management
4.4	Reelect George Fairweather as Director	For	For	Management
4.5	Reelect Tony Hughes as Director	For	For	Management
4.6	Reelect Tim Lankester as Director	For	For	Management
4.7	Reelect Karim Naffah as Director	For	For	Management
4.8	Reelect Sara Weller as Director	For	For	Management
5	Approve Ernst and Young LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 12,271,560	For	For	Management
7	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 1,840,730	For	For	Management
8	Authorize 51,973,920 Shares for Share Repurchase Program	For	For	Management
9	Authorize the Company to Make EU Political Donations up to GBP 100,000	For	For	Management

MITSUBISHI CHEMICAL CORP.

Ticker:		Security ID:	JP3895800005
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 3, Special JY 1	For	For	Management
2	Amend Articles to: Reduce Directors’ Term in Office - Authorize Share Repurchases at Board’s Discretion - Limit Directors’ and Internal Auditors’ Legal Liability - Streamline Board Structure	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

249

MITSUBISHI CORP.

Ticker:		Security ID:	JP3898400001
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4, Final JY 6, Special JY 2	For	For	Management
2	Amend Articles to: Reduce Directors’ Term in Office - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

MITSUBISHI ELECTRIC CORP.

Ticker:	MIELY	Security ID:	JP3902400005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

MITSUBISHI ESTATE CO. LTD.

Ticker:		Security ID:	JP3899600005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4, Final JY 4, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management
6	Appoint External Auditors	For	For	Management
7	Approve Executive Stock Option Plan	For	For	Management

250

MITSUBISHI HEAVY INDUSTRY LTD.

Ticker:		Security ID:	JP3900000005
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management
6	Approve Executive Stock Option Plan	For	For	Management

MITSUBISHI LOGISTICS CORP. (FORMERLY MITSUBISHI WAREHOUSE)

Ticker:		Security ID:	JP3902000003
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

251

MITSUBISHI RAYON CO. LTD.

Ticker:		Security ID:	JP3903600009
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Increase Number of Internal Auditors - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
4.5	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management
6	Approve Adjustment to Aggregate Compensation Ceiling for Statutory Auditors	For	For	Management

MITSUBISHI TOKYO FINANCIAL GROUP INC

Ticker:		Security ID:	JP3902900004
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

252

MITSUI & CO.

Ticker:	MITSF.2	Security ID:	JP3893600001
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4, Final JY 4, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Directors’ Term in Office - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Adjustment to Aggregate Compensation Ceiling for Statutory Auditors	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditor and Approve Special Payments to Continuing Directors and Statutory Auditors in Connection with the Abolition of Retirement Bonus System	For	For	Management

MITSUI CHEMICALS INC.

Ticker:		Security ID:	JP3888300005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonus for Director	For	For	Management

253

MITSUI FUDOSAN CO. LTD.

Ticker:		Security ID:	JP3893200000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3.5, Final JY 3.5, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonus for Statutory Auditor	For	For	Management

MITSUI MINING & SMELTING CO. LTD.

Ticker:		Security ID:	JP3888400003
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Statutory Auditors	For	For	Management

MITSUI O.S.K. LINES LTD.

Ticker:		Security ID:	JP3362700001
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4, Final JY 6, Special JY 1	For	For	Management
2	Amend Articles to: Expand Board Eligibility - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
4	Approve Retirement Bonus for Director	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management

254

MITSUI SUMITOMO INSURANCE CO. LTD

Ticker:		Security ID:	JP3888200007
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

MITSUI TRUST HOLDINGS INC

Ticker:		Security ID:	JP3892100003
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends on Ordinary Shares: Interim JY 0, Final JY 2.5, Special JY 0	For	For	Management
2	Amend Articles to: Decrease Authorized Capital to Reflect Conversion of Preferred to Ordinary Shares - Eliminate References to Series 4 Preferred Shares - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

255

MIZUHO FINANCIAL GROUP INC.

Ticker:		Security ID:	JP3885780001
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends on Ordinary Shares: Interim JY 0, Final JY 3000, Special JY 0	For	For	Management
2	Approve Reduction in Legal Reserves	For	For	Management
3	Authorize Repurchase of Preferred Shares	For	For	Management
4	Amend Articles to: Decrease Authorized Preferred Share Capital to Reflect Conversion of Preferred to Ordinary Shares	For	For	Management
5.1	Elect Director	For	For	Management
5.2	Elect Director	For	For	Management
5.3	Elect Director	For	For	Management
6.1	Appoint Internal Statutory Auditor	For	For	Management
6.2	Appoint Internal Statutory Auditor	For	For	Management
7	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management
8	Amend Articles to Require Disclosure of Retirement Bonuses Paid to Each Retiring Director and Statutory Auditor	Against	For	Shareholder
9	Amend Articles to Require Disclosure of Individual Compensation Levels of Each Director and Statutory Auditor	Against	For	Shareholder

MODERN TIMES GROUP AB

Ticker:		Security ID:	SE0000412371
Meeting Date:	MAY 12, 2004	Meeting Type:	Annual
Record Date:	APR 30, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
3	Approve Agenda of Meeting	For	Did Not Vote	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
5	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
7	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
8	Approve Allocation of Income and Omission of Dividends	For	Did Not Vote	Management
9	Approve Discharge of Board and President	For	Did Not Vote	Management
10	Determine Number of Members and Deputy Members of Board; Determine Number of Auditors	For	Did Not Vote	Management
11	Approve Remuneration of Directors and Auditors	For	Did Not Vote	Management
12	Reelect Asger Aamund, David Chance, Lars-Johan Jarnheimer, Christina Stenbeck, and Pelle Toernberg as Directors; Elect Nick Humby and David Marcus as New Directors	For	Did Not Vote	Management
13.1	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	None	Did Not Vote	Shareholder
13.2	Shareholder Proposal: Authorize Board to Establish a Remuneration Committee	None	Did Not Vote	Shareholder
13.3	Shareholder Proposal: Authorize Board to Establish an Audit Committee	None	Did Not Vote	Shareholder
14	Close Meeting	None	Did Not Vote	Management

256

MTR CORP

Ticker:		Security ID:	6290054
Meeting Date:	JUN 3, 2004	Meeting Type:	Annual
Record Date:	MAY 28, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$0.28 Per Share	For	For	Management
3a	Reelect Chow Chung Kong as Director	For	For	Management
3b	Reelect Christine Fang Meng Sang as Director	For	For	Management
3c	Reelect Raymond Ch’ien Kuo Fung as Director	For	For	Management
3d	Reelect David Gordon Eldon as Director	For	For	Management
4	Reappoint KPMG as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
6	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
7	Authorize Reissuance of Repurchased Shares	For	For	Management
8	Amend Articles of Association to Reflect Recent Amendments to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Companies Ordinance	For	For	Management

257

MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG

Ticker:		Security ID:	DE0008430026
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.25 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Elect Ulrich Hartmann, Henning Kagermann, Hubert Merkl, Wolfgang Mayrhuber, Karel van Miert, Heinrich von Pierer, Bernd Pischetsrieder, Hans-Juergen Schinzler, Albrecht Schmidt, and Ron Sommer to the Supervisory Board	For	For	Management
6	Authorize Repurchase of up to Ten Percent of Issued Share Capital	For	For	Management
7	Approve Creation of EUR 280 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management

MURATA MANUFACTURING CO. LTD.

Ticker:		Security ID:	JP3914400001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

258

NAMCO LTD.

Ticker:		Security ID:	JP3651200002
Meeting Date:	JUN 26, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 15, Final JY 15, Special JY 10	For	For	Management
2	Amend Articles to: Abolish Retirement Bonus System - Clarify Director Authorities - Reduce Directors Term in Office - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management
6	Approve Special Payments to Continuing Directors and Statutory Auditors in Connection with the Abolition of the Retirement Bonus System	For	For	Management

NATIONAL BANK OF GREECE

Ticker:	NBGX20	Security ID:	GRS003013000
Meeting Date:	JUN 17, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles	For	Did Not Vote	Management

NATIONAL BANK OF GREECE

Ticker:	NBGX20	Security ID:	GRS003013000
Meeting Date:	MAY 18, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Statutory Reports	For	Did Not Vote	Management
2	Accept Financial Statements; Approve Dividends	For	Did Not Vote	Management
3	Accept Modified Balance Sheet for the Absorbed Companies: Hellenic Hotel Touristic Enterprise, National Research Landed and Touristic Company SA and Olympias Tourism and Hotels for the Perio of 01-01-03 and 09-30-03	For	Did Not Vote	Management
4	Discharge of Board and Auditors of Bank and Absorbed Subsidiaries	For	Did Not Vote	Management
5	Approve Election of Directors in Replacement of Those Who Resigned or Passed Away	For	Did Not Vote	Management
6	Approve Remuneration of Directors for Fiscal Years 2003 and 2004	For	Did Not Vote	Management
7	Approve Remuneration of Non-Executive Directors in Their Capacity as Audit Committee Members	For	Did Not Vote	Management
8	Approve Participation of Directors and Management in Board of Directors or Management of Companies Pursuing Similar or Related Business Goals	For	Did Not Vote	Management
9	Elect Directors; Determination of Independent Non-Executive Members	For	Did Not Vote	Management
10	Approve Auditors and Fix Their Remuneration	For	Did Not Vote	Management
11	Approve Capitalization of Reserves (Re-Adjustment and Real Estate Reserves) Through Issuance of 75.52 Million Shares for a 3:10 Bonus Issue	For	Did Not Vote	Management
12	Authorize Share Repurchase Program	For	Did Not Vote	Management
13	Announcement of the Bank’s New Organizational Structure, Establishment of General Managers	For	Did Not Vote	Management
14	Amend Articles	For	Did Not Vote	Management
15	Other Business (Non-Voting)	None	Did Not Vote	Management

259

NATIONAL BANK OF GREECE

Ticker:	NBGX20	Security ID:	GRS003013000
Meeting Date:	JUN 3, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amendment to Articles of Association	For	Did Not Vote	Management

NATIONAL FINANCE & SECURITIES

Ticker:		Security ID:	TH0083010Y15
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:	APR 7, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Minutes of Previous AGM	For	For	Management
2	Accept Report on Company Performance in 2003	For	For	Management
3	Accept Financial Statements and Statutory Reports	For	For	Management
4	Approve Allocation of Income and Dividend of Baht 0.60 per Share	For	For	Management
5	Elect Directors	For	For	Management
6	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Approve Business Restructuring Plan	For	For	Management
8	Amend Articles of Association Re: The Procedures Used for Related Transactions	For	For	Management
9	Accept Acknowledgement of Director Remuneration	For	For	Management

260

NATIONAL GRID TRANSCO PLC (FORMERLY NATIONAL GRID GROUP PLC,

Ticker:	NGG	Security ID:	GB0031223877
Meeting Date:	JUL 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 11.87 Pence Per Ordinary Share	For	For	Management
3	Elect Mike Jesanis as Director	For	For	Management
4	Elect Maria Richter as Director	For	For	Management
5	Re-elect James Ross as Director	For	For	Management
6	Re-elect John Grant as Director	For	For	Management
7	Re-elect Edward Astle as Director	For	For	Management
8	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
9	Approve Remuneration Report	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 102,929,251	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 15,439,387	For	For	Management
12	Authorise 308,787,755 Ordinary Shares for Market Purchase	For	For	Management
13	Amend Articles of Association Re: Deletion of the Special Share Article	For	For	Management
14	Approve the Cancellation of the Special Rights Non-voting Redeemable Preference Share	For	For	Management

NATIONAL GRID TRANSCO PLC (FORMERLY NATIONAL GRID GROUP PLC,

Ticker:	NGG	Security ID:	GB0031223877
Meeting Date:	JUL 21, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 10.34 Pence Per Share	For	For	Management
3	Elect Nick Winser as Director	For	For	Management
4	Elect John Parker as Director	For	For	Management
5	Elect Steve Lucas as Director	For	For	Management
6	Elect John Wybrew as Director	For	For	Management
7	Elect Kenneth Harvey as Director	For	For	Management
8	Elect Stephen Pettit as Director	For	For	Management
9	Elect George Rose as Director	For	For	Management
10	Reelect Steve Holliday as Director	For	For	Management
11	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
12	Approve Remuneration Report	For	For	Management
13	Authorize 307,722,000 Shares for Share Repurchase Program	For	For	Management

261

NEC CORP.

Ticker:	NIPNY	Security ID:	JP3733000008
Meeting Date:	JUN 22, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Directors’ Term in Office - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

NESTLE SA

Ticker:	NSRGY	Security ID:	CH0012056047
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1a	Accept Financial Statements and Statutory Reports	For	For	Management
1b	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
2	Approve Discharge of Board and Senior Management	For	For	Management
3	Approve Allocation of Income and Dividends of CHF 7.20 per Share	For	For	Management
4a	Elect Edward George as Directors	For	For	Management
4b	Elect Kaspar Villiger as Directors	For	For	Management
4c	Elect Rolf Haenggi as Directors	For	For	Management
4d	Elect Daniel Borel as Directors	For	For	Management
4e	Elect Carolina Mueller as Directors	For	For	Management

262

NEW WORLD DEVELOPMENT CO. LTD.

Ticker:		Security ID:	HK0017000149
Meeting Date:	MAR 22, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Increase in Authorized Capital	For	For	Management
2	Approve Rights Issue of New Shares of HK$1 Each in the Proportion of Two Rights Shares for Every Five Shares Held by Shareholders	For	For	Management

NEW WORLD DEVELOPMENT CO. LTD.

Ticker:		Security ID:	HK0017000149
Meeting Date:	DEC 2, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Increase in Authorized Capital	For	For	Management
2	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
3	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
4	Authorize Reissuance of Repurchased Shares	For	For	Management

NEW WORLD DEVELOPMENT CO. LTD.

Ticker:		Security ID:	HK0017000149
Meeting Date:	DEC 2, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Reelect Directors and Authorize Board to Fix Their Remuneration	For	For	Management
3	Reappoint Joint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management

NEW WORLD DEVELOPMENT CO. LTD.

Ticker:		Security ID:	HK0017000149
Meeting Date:	JAN 8, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Proposed Share Exchange	For	For	Management

263

NEWCREST MINING LTD.

Ticker:		Security ID:	AU000000NCM7
Meeting Date:	OCT 29, 2003	Meeting Type:	Annual
Record Date:	OCT 27, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Elect Mick O’Leary as Director	For	For	Management
2b	Elect Ian Johnson as Director	For	For	Management
2c	Elect Bryan Davis as Director	For	For	Management
3	Approve Increase in Aggregate Remuneration of Directors in the Amount of AUD 200,000 From AUD 800,000 to AUD 1 Million	For	For	Management

NEWS CORPORATION LTD.

Ticker:	NWS	Security ID:	AU000000NCP0
Meeting Date:	OCT 15, 2003	Meeting Type:	Annual
Record Date:	OCT 13, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Lachlan Murdoch as Director	For	For	Management
2	Elect Thomas Perkins as Director	For	For	Management
3	Elect Stanley Shuman as Director	For	For	Management
4	Elect Arthur Siskind as Director	For	For	Management
5	Approve Stock Option Plan Grants to Executive Directors	For	For	Management
6	Approve Remuneration of Directors in the Amount of Up to AUD 1.85 Million	For	For	Management

NGK INSULATORS LTD.

Ticker:		Security ID:	JP3695200000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

264

NGK SPARK PLUG CO. LTD.

Ticker:		Security ID:	JP3738600000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5.5, Final JY 5.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Statutory Auditors	For	For	Management

NIDEC CORP.

Ticker:		Security ID:	JP3734800000
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 12.5, Final JY 15, Special JY 2.5	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management

265

NIKKO CORDIAL CORP. (FORMERLY NIKKO SECURITIES CO. LTD.)

Ticker:		Security ID:	JP3670000003
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 5, Special JY 0	For	For	Management
2	Amend Articles to: Adopt U.S.-Style Board Structure - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
4	Approve Special Payments to Statutory Auditors in Connection with the Abolition of the Statutory Auditor Board	For	For	Management
5	Approve Deep Discount Stock Option Plan	For	For	Management

NIKON CORP.

Ticker:		Security ID:	JP3657400002
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

266

NINTENDO CO. LTD.

Ticker:	NTDOY	Security ID:	JP3756600007
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 70, Final JY 70, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

NIPPON EXPRESS CO. LTD.

Ticker:		Security ID:	JP3729400006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

267

NIPPON MEAT PACKERS INC.

Ticker:		Security ID:	JP3743000006
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 16, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Directors’ Term in Office - Authorize Share Repurchases at Board’s Discretion - Limit Outside Directors’ Legal Liability	For	For	Management
3	Approve Retirement Bonuses for Directors and Special Payments to Continuing Directors and Statutory Auditors in Connection with Abolition of Retirement Bonus System	For	For	Management
4	Approve Deep Discount Stock Option Plan	For	For	Management

NIPPON MINING HOLDINGS INC.

Ticker:		Security ID:	JP3379550001
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 6, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Directors’ Term in Office - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management

268

NIPPON OIL CORP(FORMERLY NIPPON MITSUBISHI OIL CO., LTD.)

Ticker:		Security ID:	JP3679700009
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 4, Special JY 0	For	For	Management
2	Amend Articles to: Amend Business Lines - Reduce Board Size - Clarify Director Authorities in Connection with Introduction of Executive Officer System - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

NIPPON SHEET GLASS CO. LTD.

Ticker:		Security ID:	JP3686800008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

269

NIPPON STEEL CORP.

Ticker:		Security ID:	JP3381000003
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

NIPPON TELEGRAPH & TELEPHONE CORP.

Ticker:		Security ID:	JP3735400008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 2500, Final JY 2500, Special JY 0	For	For	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles to: Decrease Authorized Capital from 62.212 Million to 61.93 Million Shares to Reflect Share Repurchase	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management
4.11	Elect Director	For	For	Management
5	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

NIPPON UNIPAC HOLDING

Ticker:		Security ID:	JP3754300006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4000, Final JY 4000, Special JY 0	For	For	Management
2	Amend Articles to: Change Company Name to Nippon Paper Group, Inc. - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Reduction in Capital Reserves	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
5.3	Appoint Internal Statutory Auditor	For	For	Management
5.4	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

270

NIPPON YUSEN K.K.

Ticker:		Security ID:	JP3753000003
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

NISSAN CHEMICAL INDUSTRIES LTD.

Ticker:		Security ID:	JP3670800006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4, Final JY 7, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonus for Director	For	For	Management

271

NISSAN MOTOR CO. LTD.

Ticker:	NSANY	Security ID:	JP3672400003
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 8, Final JY 11, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Executive Stock Option Plan	For	For	Management
4	Authorize Share Repurchase Program	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
5.3	Appoint Internal Statutory Auditor	For	For	Management
5.4	Appoint Internal Statutory Auditor	For	For	Management
5.5	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Statutory Auditors	For	For	Management

NISSHIN SEIFUN GROUP INC.

Ticker:		Security ID:	JP3676800000
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4.5, Final JY 6.5, Special JY 0	For	For	Management
2	Amend Articles to: Decrease Authorized Capital to Reflect Share Repurchase - Clarify Director Authorities - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Executive Stock Option Plan	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management
5	Approve Retirement Bonus for Director	For	For	Management

272

NISSHINBO INDUSTRIES INC.

Ticker:		Security ID:	JP3678000005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

NISSIN FOOD PRODUCTS CO. LTD.

Ticker:		Security ID:	JP3675600005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 30, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management

273

NITTO DENKO CORP.

Ticker:		Security ID:	JP3684000007
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 17, Final JY 23, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Board Size - Increase Number of Internal Auditors - Abolish Retirement Bonus System - Authorize Share Repurchases at Board’s Discretion - Streamline Board Structure	For	For	Management
3	Approve Executive Stock Option Plan	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
5.3	Appoint Internal Statutory Auditor	For	For	Management
5.4	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Deep Discount Stock Option Plan	For	For	Management
7	Approve Adjustment to Aggregate Compensation Ceiling for Statutory Auditors	For	For	Management
8	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management
9	Approve Special Payments to Directors and Statutory Auditors in Connection with the Abolition of Retirement Bonus System	For	For	Management

NOKIA CORP.

Ticker:	NKCAF	Security ID:	5902941
Meeting Date:	MAR 25, 2004	Meeting Type:	Annual
Record Date:	MAR 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements	None	None	Management
1.2	Receive Auditors’ Report	None	None	Management
1.3	Accept Financial Statements and Statutory Reports	For	For	Management
1.4	Approve Discharge of Board and President	For	For	Management
1.5	Fix Number of Directors at Eight (A Reduction from the Current Nine Directors)	For	For	Management
1.6	Approve Remuneration of Directors and Auditors	For	For	Management
2	Approve Between EUR 5.7 Million and EUR 8.8 Million Reduction in Share Capital via Cancellation of Between 94.5 Million and 146 Million Shares	For	For	Management
3	Approve Issuance of Shares, Stock Options, or Convertible Bonds up to Aggregate Nominal Value of EUR 55.5 Million (Out of Which EUR 3 Million for Incentive Plans) without Preemptive Rights	For	For	Management
4	Authorize Repurchase of Up to 230 Million Nokia Shares	For	For	Management
5	Authorize Reissuance of 230 Million Repurchased Shares	For	For	Management
6	Approve Allocation of EUR 5 Million to Company Foundation to Support the Scientific Development of the Information and Telecommunications Technologies and to Promote Education in the Sector	For	For	Management
7	Approve Dividends of EUR 0.30 Per Share	For	For	Management
8	Reelect Paul Collins, Georg Ehrnrooth, Bengt Holmstroem, Per Karlsson, Jorma Ollila, Marjorie Scardino, Vesa Vainio, and Arne Wessberg	For	For	Management
9	Reelect PricewaterhouseCoopers as Auditors	For	For	Management

274

NOMURA HOLDINGS INC.

Ticker:	NSLJ10	Security ID:	JP3762600009
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
2	Approve Executive Stock Option Plan and Deep-Discount Stock Option Plan	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management

NORDEA BANK AB (FORMERLY NORDEA AB)

Ticker:		Security ID:	SE0000427361
Meeting Date:	OCT 22, 2003	Meeting Type:	Special
Record Date:	OCT 10, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	For	Management
2	Prepare and Approve List of Shareholders	For	For	Management
3	Approve Agenda of Meeting	For	For	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	For	Management
5	Acknowledge Proper Convening of Meeting	For	For	Management
6	Amend Articles Re: Change Company Name to Nordea Bank AB; Amend Corporate Purpose; Editorial Change	For	For	Management
7	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management

275

NORDEA BANK AB (FORMERLY NORDEA AB)

Ticker:		Security ID:	SE0000427361
Meeting Date:	MAR 31, 2004	Meeting Type:	Annual
Record Date:	MAR 19, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
3	Approve Agenda of Meeting	For	Did Not Vote	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
5	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements and Statutory Reports; Receive President’s and Board Reports	None	Did Not Vote	Management
7	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
8	Approve Allocation of Income and Dividends of EUR 0.25 Per Share	For	Did Not Vote	Management
9	Approve Discharge of Board and President	For	Did Not Vote	Management
10	Amend Articles Re: Reduce Directors’ Term of Office from Two Years to One Year	For	Did Not Vote	Management
11	Determine Number of Members (11) and Deputy Members (0) of Board	For	Did Not Vote	Management
12	Approve Remuneration of Directors in the Aggregate Amount of EUR 950,000; Approve Remuneration of Auditors	For	Did Not Vote	Management
13	Reelect Kjell Aamot, Hans Dahlberg, Bernt Magnusson, Joergen Hoeg Pedersen, and Maija Torkko as Directors	For	Did Not Vote	Management
14.1	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management
14.2	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
15	Approve EUR 32.3 Million Reduction in Share Capital via Share Cancellation	For	Did Not Vote	Management
16	Authorize Repurchase of Up to Ten Percent of Issued Share Capital for Purposes Other Than Equity Trading	For	Did Not Vote	Management
17	Authorize Repurchase of Up to Three Percent of Issued Share Capital for Equity Trading Purposes	For	Did Not Vote	Management

NORSK HYDRO ASA

Ticker:	NHY	Security ID:	4645805
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Allocation of Income and Dividends of NOK 11 Per Share	For	For	Management
2	Approve Remuneration of Auditors	For	For	Management
3	Amend Articles Re: Reduce Number of Members in the Corporate Assembly from 21 to 18	For	For	Management
4	Elect Members and Deputy Members of Corporate Assembly	For	For	Management
5	Approve Remuneration of Members and Deputy Members of Corporate Assembly	For	For	Management
6	Authorize Repurchase of Up to Five Million Issued Shares	For	For	Management
7	Shareholder Proposal: Prohibit President and CEO to Participate in Bonus Schemes	None	Against	Shareholder

276

NORSK HYDRO ASA

Ticker:	NHY	Security ID:	NO0005052605
Meeting Date:	JAN 15, 2004	Meeting Type:	Special
Record Date:	JAN 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve NOK 52.8 Million Reduction in Share Capital via Share Cancellation	For	For	Management
2	Approve Spin-Off of Norsk Hydro ASA’s Fertilizer Business Agri into AgriHold ASA; Approve NOK 448.7 Million Reduction in Share Capital in Connection with Spin-Off	For	For	Management
3	Authorize General Meeting to Appoint Five Directors to AgriHold’s Board	For	For	Management
4	Authorize General Meeting to Appoint Four Members of Election Committee of AgriHold	For	For	Management
5	Authorize AgriHydro to Create Pool of Conditional Capital	For	For	Management

NORSKE SKOGINDUSTRIER A.S.

Ticker:		Security ID:	NO0004135633
Meeting Date:	APR 15, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income	For	For	Management
3	Approve Remuneration of Members of Corporate Assembly	For	For	Management
4	Approve Remuneration of Auditors	For	For	Management
5	Ratify PricewaterhouseCoopers DA as Auditors	For	For	Management
6	Elect Aase Marie Bue, Christian Ramberg, and Ann Kristin Brautaset as Members of Corporate Assembly; Elect Hege Huse and Torstein Opdahl as Deputy Members of Corporate Assembly	For	For	Management
7	Reelect Idar Kreutzer, Bjoern Kristoffersen, and Helge Evju as Members of Election Committee	For	For	Management
8	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management

277

NOVAR PLC (FORMERLY CARADON PLC)

Ticker:		Security ID:	GB0001762680
Meeting Date:	MAY 18, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 9.5 Pence Per Share	For	For	Management
4.1	Elect Daniel Dayan as Director	For	For	Management
4.2	Elect Hans Nilsson as Director	For	For	Management
4.3	Re-elect Jurgen Hintz as Director	For	For	Management
4.4	Re-elect Stephen Howard as Director	For	For	Management
4.5	Re-elect Oliver Stocken as Director	For	For	Management
4.6	Re-elect Sir Geoffrey Whalen as Director	For	For	Management
5	Re-appoint Deloitte and Touche LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
6	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 39,505,270	For	For	Management
7	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 5,985,645	For	For	Management
8	Authorise 43,096,650 Ordinary Shares for Market Purchase	For	For	Management
9	Authorise 18,825,000 Preference Shares for Market Purchase	For	For	Management

NOVARTIS AG

Ticker:	NVS	Security ID:	CH0012005267
Meeting Date:	FEB 24, 2004	Meeting Type:	Annual
Record Date:	FEB 4, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Discharge of the Board and Senior Management	For	For	Management
3	Approve Allocation of Income and Dividends of CHF 1.00 per Share	For	For	Management
4	Approve Transfer of CHF 360.9 Million from General Reserves to Free Reserves	For	For	Management
5	Approve CHF 12.1 Million Reduction in Share Capital via Share Cancellation	For	For	Management
6	Authorize Repurchase of up to Ten Percent of Issued Share Capital	For	For	Management
7	Amend Articles Re: Reduce Board Terms from Four to Three Years	For	For	Management
8.1	Approve Resignation of Walter Frehner and Heini Lippuner	For	For	Management
8.2	Elect Helmut Sihler, Hans-Joerg Rudloff and Daniel Vasella as Directors	For	For	Management
9	Ratify PricewaterhouseCoopers AG as Auditors	For	For	Management

278

NOVO NORDISK A/S

Ticker:	NVO	Security ID:	DK0010280817
Meeting Date:	MAR 16, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Report of Board	None	Did Not Vote	Management
2	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
3	Approve Financial Statements and Discharge Directors	For	Did Not Vote	Management
4	Approve Allocation of Income	For	Did Not Vote	Management
5	Ratify PricewaterhouseCoopers and Ernst & Young as Auditors	For	Did Not Vote	Management
6	Amend Articles Re: Corporate Purpose; Extend Authorization to Issue Shares; Remove Requirement to Publish Meeting Notice in Offical Gazette; Remove Requirement for AGM Approval of Merger; Reduce Directors’ Term of Office from Three Years to One Year	For	Did Not Vote	Management
7	Reelect Mads Oevlisen, Kurt Nielsen, Kurt Briner, Niels Jacobsen, Ulf Johansson, Sten Scheibye, and Joergen Wedel as Directors	For	Did Not Vote	Management
8	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	Did Not Vote	Management
9	Authorize Chairman of Meeting to Make Editorial Changes to Adopted Resolutions in Connection with Registration	For	Did Not Vote	Management
10	Other Business (Non-Voting)	None	Did Not Vote	Management

NOVOZYMES A/S

Ticker:		Security ID:	DK0010272129
Meeting Date:	MAR 17, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Report of Board	None	Did Not Vote	Management
2	Approve Financial Statements and Discharge Directors	For	Did Not Vote	Management
3	Approve Allocation of Income and Dividends of DKK 3.15 Per Share	For	Did Not Vote	Management
4	Ratify PricewaterhouseCoopers and Ernst & Young as Auditors	For	Did Not Vote	Management
5.1	Amend Corporate Purpose	For	Did Not Vote	Management
5.2	Amend Articles Re: Approve DKK 28.4 Million Reduction in Share Capital via Share Cancellation; Extend Authorization to Issue Shares; Approve Employee Share Purchase Plan Reserving 20 Million Class B Shares	For	Did Not Vote	Management
5.3	Amend Articles Re: Remove Requirement to Publish Meeting Notice in Offical Gazette; Add Paragraph Regarding Electronic Communications between Company and Shareholders	For	Did Not Vote	Management
5.4	Amend Articles Re: Remove Requirement for Special Voting Majority in Connection with Mergers	For	Did Not Vote	Management
5.5	Amend Articles Re: Reduce Directors’ Term of Office from Three Years to One Year	For	Did Not Vote	Management
5.6	Amend Articles Re: Editorial Changes	For	Did Not Vote	Management
6	Reelect Henrik Guertler, Kurt Nielsen, Paul Aas, Jerker Hartwall, Walther Thygesen, and Hans Werdelin as Directors	For	Did Not Vote	Management
7	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	Did Not Vote	Management
8	Other Business (Non-Voting)	None	Did Not Vote	Management

279

NSK LTD.

Ticker:		Security ID:	JP3720800006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 2.5, Final JY 4, Special JY 0	For	For	Management
2	Amend Articles to: Adopt U.S.-Style Board Structure - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Executive Stock Option Plan	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management
4.11	Elect Director	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

NTN CORP.

Ticker:		Security ID:	JP3165600002
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 2.5, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Board Size - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

280

NTT DATA CORP.

Ticker:		Security ID:	JP3165700000
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 1000, Final JY 1000, Special JY 0	For	For	Management
2	Amend Articles to: Amend Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management

NTT DOCOMO INC.

Ticker:		Security ID:	JP3165650007
Meeting Date:	JUN 18, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 500, Final JY 500, Special JY 500	For	For	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management
4.11	Elect Director	For	For	Management
4.12	Elect Director	For	For	Management
4.13	Elect Director	For	For	Management
4.14	Elect Director	For	For	Management
4.15	Elect Director	For	For	Management
4.16	Elect Director	For	For	Management
4.17	Elect Director	For	For	Management
4.18	Elect Director	For	For	Management
4.19	Elect Director	For	For	Management
4.20	Elect Director	For	For	Management
4.21	Elect Director	For	For	Management
4.22	Elect Director	For	For	Management
4.23	Elect Director	For	For	Management
4.24	Elect Director	For	For	Management
4.25	Elect Director	For	For	Management
5	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

281

OBAYASHI CORP.

Ticker:		Security ID:	JP3190000004
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management

OCE NV (FORMERLY OCE VAN DER GRINTEN)

Ticker:	OCENY	Security ID:	NL0000354934
Meeting Date:	MAR 2, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2	Receive Report of Board of Supervisory Board	None	None	Management
3	Receive Report of Management Board	None	None	Management
4.1	Approve Financial Statements and Statutory Reports	For	For	Management
4.2	Approve Dividends	For	For	Management
5.1	Approve Discharge of Executive Board	For	For	Management
5.2	Approve Discharge of Supervisory Board	For	For	Management
6	Discussion about Company’s Corporate Governance Report	None	None	Management
7	Approve Remuneration of Management Board; Approve Long-Term Incentive Plan for Management Board and 200 Senior Executives, Reserving Shares Up to One Percent of Issued Share Capital Annually	For	For	Management
8	Approve Reserves and Dividend Policy	For	For	Management
9	Grant Board Authority to Issue Ordinary and Financing Preference Shares Up to 50 Percent of Issued Share Capital	For	For	Management
10	Authorize Board to Exclude Preemptive Rights from Share Issuance Under Item 9 Up to 20 Percent of Issued Share Capital	For	For	Management
11	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
12.1	Approve Resignation and Discharge L. Berndsen from Supervisory Board	For	For	Management
12.2	Elect M. Arentsen to Supervisory Board	For	For	Management
13	Allow Questions; Close Meeting	For	For	Management

282

OESTERREICHISCHE ELEKTRIZITAETSWIRTSCHAFTS-AG (VERBUND)

Ticker:		Security ID:	AT0000746409
Meeting Date:	MAR 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 2.00 per Share	For	For	Management
3	Approve Discharge of Management and Supervisory Board	For	For	Management
4	Ratify Auditors	For	For	Management
5	Amend Articles	For	For	Management
6	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management

OJI PAPER CO., LTD.

Ticker:		Security ID:	JP3174410005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4, Final JY 6, Special JY 0	For	Against	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonus for Director	For	For	Management
6	Approve Amendment to Income Allocation Plan, with Final Dividend of JY 11 Per Share	Against	For	Shareholder
7	Approve Amendment to Income Allocation Plan, to Eliminate Director Bonuses	Against	Against	Shareholder
8	Remove Director From Board	Against	Against	Shareholder

283

OKI ELECTRIC INDUSTRY CO. LTD.

Ticker:		Security ID:	JP3194000000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Handling of Net Loss, with No Dividends	For	For	Management
2	Approve Reduction in Legal Reserves	For	Against	Management
3	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditors and Special Payments to Continuing Directors and Auditors in Connection with Abolition of Retirement Bonus System	For	For	Management
7	Approve Executive Stock Option Plan	For	For	Management

OLYMPUS CORP. (FORMERLY OLYMPUS OPTICAL)

Ticker:		Security ID:	JP3201200007
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 7.5, Final JY 7.5, Special JY 0	For	For	Management
2	Approve Transfer of Imaging Business to Wholly-Owned Subsidiary Olympus Imaging	For	For	Management
3	Approve Transfer of Medical Equipment Business to Wholly-Owned Subsidiary Olympus Medical Systems	For	For	Management
4	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
5.1	Elect Director	For	For	Management
5.2	Elect Director	For	For	Management
5.3	Elect Director	For	For	Management
5.4	Elect Director	For	For	Management
5.5	Elect Director	For	For	Management
5.6	Elect Director	For	For	Management
5.7	Elect Director	For	For	Management
5.8	Elect Director	For	For	Management
5.9	Elect Director	For	For	Management
5.10	Elect Director	For	For	Management
5.11	Elect Director	For	For	Management
5.12	Elect Director	For	For	Management
6.1	Appoint Internal Statutory Auditor	For	For	Management
6.2	Appoint Internal Statutory Auditor	For	For	Management
6.3	Appoint Internal Statutory Auditor	For	For	Management
7	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management

284

OMRON CORP.

Ticker:		Security ID:	JP3197800000
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 6.5, Final JY 6.5, Special JY 7	For	For	Management
2	Amend Articles to: Abolish Retirement Bonus System - Authorize Share Repurchases at Board’s Discretion - Limit Outside Directors’ Legal Liability	For	For	Management
3	Authorize Share Repurchase Program	For	For	Management
4	Approve Transfer of Company’s ATM Business to Joint Venture with Hitachi Ltd.	For	For	Management
5	Approve Transfer of Company’s Amusement Machine Components Business to Wholly-Owned Subsidiary	For	For	Management
6	Elect Director	For	For	Management
7	Appoint Internal Statutory Auditor	For	For	Management
8	Approve Special Payments to Continuing Directors and Statutory Auditors in Connection with Abolition of Retirement Bonus System	For	For	Management
9	Approve Executive Stock Option Plan	For	For	Management

285

OMV AG

Ticker:	OMVZY	Security ID:	AT0000743059
Meeting Date:	MAY 18, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income	For	For	Management
3	Approve Discharge of Management and Supervisory Boards	For	For	Management
4	Approve Remuneration of Directors	For	For	Management
5	Ratify Auditors	For	For	Management
6	Authorize Repurchase of Issued Share Capital for Issuance to Management Board Members and Key Employees	For	For	Management
7	Approve Restructuring Plan	For	For	Management
8	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 600 Million without Preemptive Rights; Approve Creation of Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
9	Approve Creation of EUR 21.8 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
10	Approve Creation of EUR 58.2 Million Pool of Conditional Capital without Preemptive Rights	For	Against	Management
11	Amend Articles to Reflect Changes in Capital	For	Against	Management
12	Approve Supervisory Board Liability and Indemnification	For	Against	Management
13	Elect Supervisory Board Members	For	For	Management

ONESTEEL

Ticker:		Security ID:	AU000000OST6
Meeting Date:	NOV 17, 2003	Meeting Type:	Annual
Record Date:	NOV 15, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended June 30, 2003	For	For	Management
2a	Elect N J Roach as Director	For	For	Management
2b	Elect P J Smedley as Director	For	For	Management
3	Approve Increase in the Remuneration of Directors from AUD1 Million to AUD1.3 Million Per Annum	For	For	Management

ONWARD KASHIYAMA CO. LTD.

Ticker:		Security ID:	JP3203500008
Meeting Date:	MAY 27, 2004	Meeting Type:	Annual
Record Date:	FEB 29, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 16.5, Special JY 3.5	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
3.4	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Statutory Auditors	For	For	Management

286

ORACLE CORP. JAPAN

Ticker:		Security ID:	JP3689500001
Meeting Date:	AUG 21, 2003	Meeting Type:	Annual
Record Date:	MAY 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 35, Final JY 75, Special JY 0	For	For	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles to: Limit Legal Liability of Directors and Statutory Auditors	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
5	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Executive Stock Option Plan	For	For	Management

ORICA LTD. (FORMERLY ICI AUSTRALIA)

Ticker:		Security ID:	AU000000ORI1
Meeting Date:	DEC 17, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Elect Catherine Walter as Director	For	For	Management
2b	Elect Peter Kirby as Director	For	For	Management
2c	Elect Michael Tilley as Director	For	For	Management

287

ORIENTAL LAND CO

Ticker:		Security ID:	JP3198900007
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 14, Final JY 15, Special JY 0	For	Did Not Vote	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	Did Not Vote	Management
3.1	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
3.2	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
3.3	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
3.4	Appoint Internal Statutory Auditor	For	Did Not Vote	Management

ORIGIN ENERGY LIMITED

Ticker:		Security ID:	AU000000ORG5
Meeting Date:	OCT 16, 2003	Meeting Type:	Annual
Record Date:	OCT 14, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	None	None	Management
2a	Elect Helen M Nugent as Director	For	For	Management
2b	Elect H Kevin McCann as Director	For	For	Management
2c	Elect Bruce G Beeren as Director	For	For	Management
2d	Elect Colin B Carter as Director	For	For	Management
3	Approve Stock Option Plan Grant of Up to One Million Ordinary Shares to Grant A King, Managing Director	For	For	Management
4	Approve Stock Option Plan Grant of Up to 550,000 Ordinary Shares to Bruce G Beeren, Executive Director	For	For	Management
5	Approve Increase in Remuneration of Directors in the Amount of AUD 300,000 to AUD 950,000 Per Annum	For	For	Management
6	Amend Articles Re: Proportional Takeover Bids	For	For	Management

ORKLA A/S

Ticker:		Security ID:	NO0003733800
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements; Allocation of Income, Ordinary Dividends of NOK 4 Per Share, and Special Dividend of NOK 25 Per Share	For	For	Management
2	Approve NOK 10 Million Reduction in Share Capital via Share Cancellation	For	For	Management
3	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
4	Reelect Nils-Henrik Pettersson, Anniken Thue, Kurth Augustson, Jan Kildal, Svein Rennemo, and Gunn Waersted as Members of Corporate Assembly; Elect Rune Selmar as New Member of Corporate Assembly; Elect Brath as New Deputy Member of Corporate Assembly	For	For	Management
5	Approve Remuneration of Members and Deputy Members of Corporate Assembly	For	For	Management
6	Reelect Elisabeth Grieg as Member of Election Committee; Elect Idar Kreutzer as New Member of Election Committee	For	For	Management
7	Approve Remuneration of Auditors	For	For	Management

288

OSAKA GAS CO. LTD.

Ticker:		Security ID:	JP3180400008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
3.18	Elect Director	For	For	Management
3.19	Elect Director	For	For	Management
3.20	Elect Director	For	For	Management
3.21	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor and Payments to Continuing Directors and Auditors in Connection with Abolition of Retirement Bonus System	For	For	Management

289

OUTOKUMPU

Ticker:		Security ID:	FI0009002422
Meeting Date:	APR 2, 2004	Meeting Type:	Annual
Record Date:	MAR 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements and Statutory Reports	None	None	Management
1.2	Receive Auditors’ Reports	None	None	Management
1.3	Accept Financial Statements and Statutory Reports	For	For	Management
1.4	Approve Allocation of Income and Dividends of EUR 0.20 Per Share	For	For	Management
1.5	Approve Discharge of Board and President	For	For	Management
1.6	Fix Number of Directors	For	For	Management
1.7	Approve Remuneration of Directors	For	For	Management
1.8	Elect Directors	For	For	Management
1.9	Appoint Auditors and Deputy Auditors	For	For	Management
2	Approve Creation of EUR 30.4 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
3	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	For	Management
4	Authorize Reissuance of Repurchased Shares	For	For	Management

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:		Security ID:	SG1L51001825
Meeting Date:	APR 30, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Employee Share Purchase Plan	For	For	Management

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:		Security ID:	SG1L51001825
Meeting Date:	JUL 28, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Reduction in Stated Capital and Share Premium Account	For	For	Management

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:		Security ID:	SG1L51001825
Meeting Date:	APR 15, 2004	Meeting Type:	Special
Record Date:

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

290

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:		Security ID:	SG1L51001825
Meeting Date:	APR 30, 2004	Meeting Type:	Special
Record Date:

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

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:		Security ID:	SG1L51001825
Meeting Date:	APR 15, 2004	Meeting Type:	Annual
Record Date:

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

291

OVERSEA-CHINESE BANKING CORP. LTD.

Ticker:		Security ID:	SG1L51001825
Meeting Date:	APR 30, 2004	Meeting Type:	Special
Record Date:

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

OVERSEAS UNION ENTERPRISE LTD.

Ticker:		Security ID:	SG1N99002122
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final Dividend	For	For	Management
3	Approve Directors’ Fees of SGD 435,000	For	For	Management
4a	Reelect Wee Cho Yaw as Director	For	For	Management
4b	Reelect Lim Boon Kheng as Director	For	For	Management
5a	Reelect Margaret Lien Wen Hsien as Director	For	For	Management
5b	Reelect Kua Hong Pak as Director	For	For	Management
6	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Other Business (Voting)	For	Against	Management
8	Approve Issuance of Shares without Preemptive Rights	For	For	Management

PAPERLINX LIMITED

Ticker:		Security ID:	AU000000PPX1
Meeting Date:	OCT 23, 2003	Meeting Type:	Annual
Record Date:	OCT 21, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended June 30, 2003	None	None	Management
2a	Elect D G Abotomey as Director	For	For	Management
2b	Elect A F Guy as Director	For	For	Management
2c	Elect P R Waterworth as Director	For	For	Management
3	Ratify Past Issuance of Shares	For	For	Management
4a	Amend Articles Re: Three Year Terms for Directors	For	For	Management
4b	Amend Articles Re: Approval of Partial Takeover Bids	For	For	Management
4c	Amend Articles Re: Sale of Non-Marketable Parcels of Shares	For	For	Management

292

PATRICK CORPORATION LTD. (FRMRLY. LANG CORPORATION)

Ticker:		Security ID:	AU000000PRK4
Meeting Date:	FEB 5, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Elect Peter Scanlon as Director	For	For	Management
2b	Elect Edwin John Cloney as Director	For	For	Management
2c	Elect Geoff Carmody as Director	For	For	Management
3	Approve Remuneration of Directors in the Amount of AUD 500,000	For	For	Management
4	Approve Subdivision of Existing Ordinary Share Capital Into Three Shares Effective Feb. 12, 2004	For	For	Management

PATRICK CORPORATION LTD. (FRMRLY. LANG CORPORATION)

Ticker:		Security ID:	AU000000PRK4
Meeting Date:	DEC 11, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Issuance of up to 3.25 Million Convertible Notes at an Issue price of A$100 Each	For	For	Management

PCCW LTD (FORMERLY PACIFIC CENTURY CYBERWORKS, LTD.)

Ticker:		Security ID:	HK0008011667
Meeting Date:	APR 29, 2004	Meeting Type:	Special
Record Date:

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

293

PCCW LTD (FORMERLY PACIFIC CENTURY CYBERWORKS, LTD.)

Ticker:		Security ID:	HK0008011667
Meeting Date:	MAY 19, 2004	Meeting Type:	Annual
Record Date:

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

PCCW LTD (FORMERLY PACIFIC CENTURY CYBERWORKS, LTD.)

Ticker:		Security ID:	HK0008011667
Meeting Date:	MAY 19, 2004	Meeting Type:	Special
Record Date:

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

294

PEARSON PLC

Ticker:	PSO	Security ID:	GB0006776081
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 14.8 Pence Per Share	For	For	Management
3	Re-elect Dennis Stevenson as Director	For	For	Management
4	Re-elect John Makinson as Director	For	For	Management
5	Re-elect Reuben Mark as Director	For	For	Management
6	Re-elect Vernon Sankey as Director	For	For	Management
7	Approve Remuneration Report	For	For	Management
8	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
9	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 66,871,000	For	For	Management
11	Approve Increase in Authorised Capital from GBP 294,500,000 to GBP 295,500,000 by the Creation of 4 Million Ordinary Shares of 25 Pence Each	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 10,030,000	For	For	Management
13	Authorise 80 Million Ordinary Shares for Market Purchase	For	For	Management
14	Adopt New Articles of Association	For	For	Management
15	Amend Pearson plc UK Worldwide Save for Shares Plan	For	For	Management

PENINSULAR & ORIENTAL STEAM NAVIGATION CO. (P&O)

Ticker:		Security ID:	GB0006800485
Meeting Date:	MAY 14, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 9.0 Pence Per Share	For	For	Management
4	Re-elect Sir David Brown as Director	For	For	Management
5	Re-elect Sir John Collins as Director	For	For	Management
6	Elect Russ Peters as Director	For	For	Management
7	Re-elect Peter Smith as Director	For	For	Management
8	Re-appoint KPMG Audit Plc as Auditors of the Company	For	For	Management
9	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
10	Amend P and O 2000 Executive Stock Option Plan	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 36 Million	For	For	Management
12	Approve P and O 2004 UK Sharesave Plan	For	For	Management
13	Approve Extension of P and O 2004 UK Sharesave Plan to Overseas Employees	For	For	Management
14	Authorise GBP 36 Million Deferred Stock for Market Purchase	For	For	Management
15	Approve Increase in Remuneration of Non-Executive Directors up to GBP 500,000	For	For	Management

PENINSULAR & ORIENTAL STEAM NAVIGATION CO. (P&O)

Ticker:		Security ID:	GB0006800485
Meeting Date:	MAR 29, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Sale of Stake in P and O Nedlloyd	For	For	Management

295

PERSIMMON PLC

Ticker:		Security ID:	GB0006825383
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 11.3 Pence Per Ordinary Share	For	For	Management
3	Re-elect John White as Director	For	For	Management
4	Re-elect Michael Farley as Director	For	For	Management
5	Re-elect David Bryant as Director	For	For	Management
6	Re-elect Sir Chips Keswick as Director	For	For	Management
7	Elect Neil Davidson as Director	For	For	Management
8	Reappoint KPMG Audit Plc as Auditors and Authorise Board to Fix Their Remuneration	For	For	Management
9	Approve Remuneration Report	For	For	Management
10	Authorise 28,386,136 Ordinary Shares for Market Purchase	For	For	Management

PETRONAS GAS BHD

Ticker:		Security ID:	MYL6033OO004
Meeting Date:	JUL 21, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended Mar. 31, 2003	For	For	Management
2	Approve Final Dividend of Ten Percent-Tax Exempt Per Ordinary Share for the Financial Year Ended Mar. 31, 2003	For	For	Management
3	Approve Payment of Special Dividend of Ten Percent-Tax Exempt Per Ordinary Share in Respect of the Year Ended Mar. 31, 2003	For	For	Management
4	Elect Mohd Hassan bin Marican as Director	For	For	Management
5	Elect Muri bin Muhammad as Director	For	For	Management
6	Elect Chew Kong Seng as Director	For	For	Management
7	Elect Abdul Rahim bin Hashim as Director	For	For	Management
8	Elect Wan Zulkiflee bin Wan Ariffin as Director	For	For	Management
9	Approve Remuneration of Directors for the Financial Year Ended Mar. 31, 2003	For	For	Management
10	Approve KPMG Desa Megat & Co. as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
11	Other Business (Voting)	For	For	Management

296

PEUGEOT S.A.

Ticker:		Security ID:	FR0000121501
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 2.025 per Share	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Reelect Thierry Peugeot as Supervisory Board Member	For	Against	Management
6	Approve Remuneration of Directors in the Aggregate Amount of EUR 340,000	For	For	Management
7	Authorize Repurchase of Up to 24 Million Shares	For	For	Management
8	Allow Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	Against	Management
9	Approve Stock Option Plan Grants	For	Against	Management

PHILIPS ELECTRONICS NV

Ticker:	PHG	Security ID:	5986622
Meeting Date:	MAR 25, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2.1	Approve Financial Statements and Statutory Reports	For	For	Management
2.2	Receive Explanation of Corporate Governance Structure	None	None	Management
2.3	Receive Explanation of Policy on Reserves and Dividends	None	None	Management
2.4	Approve Dividends of EUR 0.36 Per Share	For	For	Management
2.5	Approve Discharge of Management Board	For	For	Management
2.6	Approve Discharge of Supervisory Board	For	For	Management
3.1	Reelect Elect K. van Miert to Supervisory Board	For	For	Management
3.2	Elect E. Kist as New Member of Supervisory Board	For	For	Management
4.1	Approve Remuneration Policy of Management Board	For	For	Management
4.2	Amend 2003 Long-Term Incentive Plan Regarding Distribution of Shares: Allocate a Maximum of 2.5 Percent of Annual Pool of Shares Reserved for LTIP to Management Board on Annual Basis	For	For	Management
5	Grant Board Authority to Issue Shares Restricting/Excluding Preemptive Rights Up to 20 Percent of Issued Capital	For	For	Management
6	Authorize Repurchase of Up to Ten Percent of Issued Share	For Capital	For	Management
7	Authorize Board to Set Record Date	For	For	Management
8	Other Business (Non-Voting)	None	None	Management
9	Close Meeting	None	None	Management

297

PICC PROPERTY AND CASUALTY COMPANY LTD

Ticker:		Security ID:	CN0005531867
Meeting Date:	JUN 15, 2004	Meeting Type:	Annual
Record Date:	MAY 14, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Report of the Directors	For	For	Management
2	Accept Report of the Supervisory Committee	For	For	Management
3	Accept Financial Statements and Auditors’ Reports	For	For	Management
4	Approve Allocation of Income and Dividends	For	For	Management
5	Reappoint Ernst & Young as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Elect Tse Sze-Wing, Edmund as a Non-Executive Director	For	For	Management
7	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
8	Amend Articles of Association	For	For	Management

PILKINGTON PLC

Ticker:		Security ID:	GB0006884620
Meeting Date:	JUL 20, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 3.25 Pence Per Ordinary Share	For	For	Management
4	Elect Christine Morin-Postel as Director	For	For	Management
5	Re-elect Stuart Chambers as Director	For	For	Management
6	Re-elect James Leng as Director	For	For	Management
7	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
8	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 31,867,236	For	For	Management
10	Authorise 127,468,944 Ordinary Shares for Market Purchase	For	For	Management
11	Amend The Pilkington Senior Executives’ Share Option Scheme and The Pilkington Senior Executives’ No. 2 Share Option Scheme	For	For	Management

298

PILKINGTON PLC

Ticker:		Security ID:	GB0006884620
Meeting Date:	JUL 28, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 3.25 Pence Per Share	For	For	Management
4	Reelect Nigel Rudd as Director	For	For	Management
5	Reelect William Harrison as Director	For	For	Management
6	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 31,505,512	For	For	Management
8	Authorize 126,022,050 Shares for Share Repurchase Program	For	For	Management
9	Approve Scrip Dividend Program	For	For	Management
10	Amend Articles of Association Re: Technical Amendment	For	For	Management

PIONEER CORPORATION

Ticker:	PIOCF	Security ID:	JP3780200006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 12.5, Final JY 12.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management
6	Approve Executive Stock Option Plan	For	For	Management

299

PIRELLI & COMPANY

Ticker:		Security ID:	4689803
Meeting Date:	MAY 10, 2004	Meeting Type:	Annual/Special
Record Date:	MAY 5, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Statutory Reports, and Allocation of Income	For	For	Management
2	Elect One Director	For	For	Management
3	Authorize Share Repurchase Program and Reissuance of Repurchased Shares; Cancel May 7, 2003, Authorization to Repurchase Shares	For	For	Management
4	Approve Remuneration of Members of the Controlling Board Constituted According to the 2001 Law n.231	For	For	Management
5	Adopt Rules Governing General Meetings	For	For	Management
1	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management
2	Approve Creation of EUR 600 Million Pool of Conditional Capital Partially With Preemptive Rights; Authorize Issuance of Convertible Bonds or Bonds With Warrants Attached with Preemptive Rights	For	Against	Management

PORTUGAL TELECOM, SGPS, S.A.

Ticker:	PT	Security ID:	PTPTC0AM0009
Meeting Date:	APR 2, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	Did Not Vote	Management
3	Approve Allocation of Income	For	Did Not Vote	Management
4	Approve Discharge of Management and Supervisory Boards	For	Did Not Vote	Management
5	Ratify Appointment of Board Members	For	Did Not Vote	Management
6	Authorize Repurchase of Shares and Reissuance of Repurchased Shares	For	Did Not Vote	Management
7	Approve EUR 125.4 Million Reduction in Share Capital via Cancellation of 125.4 Million Shares	For	Did Not Vote	Management
8	Authorize Issuance of Convertible Bonds without Preemptive Rights	For	Did Not Vote	Management
9	Eliminate Preemptive Rights in Connection with Proposed Issuance of Convertible Bonds	For	Did Not Vote	Management
10	Authorize Issuance of Bonds or Other Securities	For	Did Not Vote	Management
11	Approve Bond Repurchase and Reissuance	For	Did Not Vote	Management

300

PROSIEBEN SAT.1 MEDIA AG (FRMLY PROSIEBEN MEDIA AG)

Ticker:		Security ID:	DE0007771172
Meeting Date:	MAY 7, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Creation of EUR 97.2 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management

PROTON (PERUSAHAAN OTOMOBIL NASIONAL BERHAD)

Ticker:		Security ID:	MYL5304OO000
Meeting Date:	SEP 29, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports For the Year Ended Mar. 31, 2003	For	For	Management
2	Approve Final Tax Exempt Dividend of MYR0.12 Per Ordinary Share For the Year Ended Mar. 31, 2003	For	For	Management
3	Elect Kisai Bin Rahmat as Director	For	For	Management
4	Elect Haji Abdul Majid bin Haji Hussein as Director	For	For	Management
5	Elect Hisayoshi Kumai as Director	For	For	Management
6	Elect A. Razak bin Ramli as Director	For	Against	Management
7	Elect Masaharu Iwata as Director	For	For	Management
8	Approve Remuneration of Directors For the Year Ended Mar. 31, 2003	For	For	Management
9	Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
10	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights in Any Amount Up to Ten Percent of Issued Share Capital	For	For	Management

301

PRUDENTIAL PLC (FRM.PRUDENTIAL CORPORATION PLC)

Ticker:	PUK	Security ID:	GB0007099541
Meeting Date:	MAY 6, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Re-elect Jonathan Bloomer as Director	For	For	Management
4	Re-elect Philip Broadley as Director	For	For	Management
5	Re-elect Rob Rowley as Director	For	For	Management
6	Elect Kathleen O’Donovan as Director	For	For	Management
7	Elect Bridget Macaskill as Director	For	For	Management
8	Elect Mark Norbom as Director	For	For	Management
9	Re-appoint KPMG Audit Plc as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
10	Authorise the Company to Make EU Political Donations up to Aggregate Nominal Amount of GBP 50,000	For	For	Management
11	Authorise Egg plc to Make EU Political Donations up to Aggregate Nominal Amount of GBP 25,000	For	For	Management
12	Approve Increase in Authorised Capital from GBP 150 Million to GBP 170 Million and USD 20 Million and EUR 20 Million; by the Creation of 2 Billion Sterling Preference Shares, 2 Billion Dollar Preference Shares and 2 Billion Euro Preference Shares	For	For	Management
13	Authorise Issuance of Sterling Preference Shares with Pre-emptive Rights up to GBP 20 Million; Dollar Preference Shares with Pre-emptive Rights up to USD 20 Million; and Euro Preference Shares with Pre-emptive Rights up to EUR 20 Million	For	For	Management
14	Authorise Issuance of Ordinary Shares with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 33,480,000	For	For	Management
15	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 5,000,000	For	For	Management
16	Authorise 200 Million Ordinary Shares for Market Purchase	For	For	Management
17	Amend Articles of Association Re: Preference Shares and Final Dividend	For	For	Management

PT MULTIMEDIA SERVICOS DE TELECOMUNICACOES E MULTIMEDIA SGPS

Ticker:		Security ID:	PTPTM0AM0008
Meeting Date:	MAR 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	Did Not Vote	Management
3	Approve Allocation of Income	For	Did Not Vote	Management
4	Approve Discharge of Management and Supervisory Boards	For	Did Not Vote	Management
5	Ratify Appointment of Directors to Management Board	For	Did Not Vote	Management
6	Elect Board Committee Members	For	Did Not Vote	Management
7	Authorize Repurchase of Shares	For	Did Not Vote	Management

302

PTT EXPLORATION & PRODUCTION

Ticker:		Security ID:	TH0355010Z16
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:	APR 8, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Minutes of Previous AGM	For	For	Management
2	Approve Financial Statements, Allocation of Income and Dividends	For	For	Management
3	Elect Directors and Fix Their Remuneration	For	For	Management
4	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5	Approve Reallocation of 2.4 Million Shares	For	For	Management
6	Approve Issuance of 800,000 Units of Warrants to Directors, Employees, and Advisors of the Company	For	For	Management
7	Approve Issuance of Two Million Units of Warrants to Directors, Employees, and Advisors of the Company	For	For	Management
8	Approve Allocation of 800,000 Ordinary Shares	For	For	Management
9	Approve Allocation of Two Million Ordinary Shares	For	For	Management
10	Other Business	For	Against	Management

PTT PUBLIC COMPANY

Ticker:		Security ID:	TH0646010015
Meeting Date:	APR 9, 2004	Meeting Type:	Annual
Record Date:	MAR 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Minutes of Previous AGM	For	For	Management
2	Accept Report on Company Performance in 2003	For	For	Management
3	Accept Financial Statements and Statutory Reports	For	For	Management
4	Approve Allocation of Income and Dividend of Baht 4.00 per Share	For	For	Management
5	Elect Directors	For	For	Management
6	Approve Remuneration of Directors	For	For	Management
7	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
8	Other Business	For	Against	Management

303

PUBLICIS GROUPE

Ticker:		Security ID:	4380429
Meeting Date:	JUN 8, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 0.39 per Share	For	For	Management
4	Approve Discharge of Management Board	For	For	Management
5	Approve Discharge of Supervisory Board	For	For	Management
6	Approve Remuneration of Supervisory Board Members of EUR 3,500 Each Per Meeting Attended and EUR 4,000 Each Per Audit and Remuneration and Nomination Committee Meeting Attended	For	For	Management
7	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
8	Reelect Sophie Dulac as Supervisory Board Member	For	For	Management
9	Reelect Helene Ploix as Supervisory Board Member	For	For	Management
10	Reelect Monique Bercault as Supervisory Board Member	For	For	Management
11	Reelect Michel Cicurel as Supervisory Board Member	For	For	Management
12	Reelect Amaury-Daniel de Seze as Supervisory Board Member	For	For	Management
13	Reelect Gerard Worms as Supervisory Board Member	For	For	Management
14	Ratify Patrick de Cambourg as Alternate Auditor	For	For	Management
15	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
16	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
17	Authorize Capital Increase to Finance Exchange Offer Regarding Saatchi & Saatchi Shares	For	For	Management
18	Authorize Issuance of Equity or Equity-Linked Securities or Warrants with Preemptive Rights up to Aggregate Nominal Amount of EUR 40 Million	For	For	Management
19	Authorize Issuance of Equity or Equity-Linked Securities or Warrants without Preemptive Rights up to Aggregate Nominal Amount of EUR 40 Million	For	Against	Management
20	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 40 Million to Qualified Investors	For	Against	Management
21	Allow Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	Against	Management
22	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
23	Authorize Filing of Required Documents/Other Formalities	For	For	Management

304

PUMA (RUDOLF DASSLER SPORT)

Ticker:	PMMRY	Security ID:	DE0006969603
Meeting Date:	APR 20, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 0.70 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify PricewaterhouseCoopers GmbH as Auditors	For	For	Management
6	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
7	Approve Decrease in Size of Supervisory Board to Six Members (Whereof Four Shareholder Representatives and Two Employee Representatives)	For	For	Management

QBE INSURANCE GROUP LTD.

Ticker:		Security ID:	AU000000QBE9
Meeting Date:	APR 2, 2004	Meeting Type:	Annual
Record Date:

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

QINGLING MOTORS CO LTD

Ticker:		Security ID:	CN0008918244
Meeting Date:	OCT 22, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Resignation of Utsumi Jun as Executive Director	For	For	Management
2	Elect Yoshito Mochizuki as Exectuive Director	For	For	Management

305

RANBAXY LABORATORIES

Ticker:		Security ID:	INE015A01010
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Approve Dividends of INR 17 Per Share	For	Did Not Vote	Management
3	Reappoint T. Khanna as Director	For	Did Not Vote	Management
4	Reappoint V.B. Ram as Director	For	Did Not Vote	Management
5	Reappoint V. Mehra as Director	For	Did Not Vote	Management
6	Approve Walker, Chandiok & Co as Auditors and Authorize Board to Fix Their Remuneration	For	Did Not Vote	Management
7	Appoint V.K. Kaul as Director	For	Did Not Vote	Management
8	Appoint G. Das as Director	For	Did Not Vote	Management
9	Appoint M.M. Singh as Director	For	Did Not Vote	Management
10	Approve Appointment and Remuneration of M.M. Singh, Executive Director	For	Did Not Vote	Management
11	Approve Appointment and Remuneration of B.W. Tempest, Executive Director	For	Did Not Vote	Management
12	Approve Commission Remuneration of Non-executive Directors	For	Did Not Vote	Management

RANK GROUP PLC

Ticker:	RANKY	Security ID:	GB0007240764
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 9.3 Pence Per Ordinary Share	For	For	Management
4	Re-elect Peter Jarvis as Director	For	For	Management
5	Re-elect Alun Cathcart as Director	For	For	Management
6	Reappoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
7	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
8	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 21,960,000	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2,980,850	For	For	Management
10	Authorise 89,442,000 Ordinary Shares for Market Purchase	For	For	Management
11	Approve Scrip Dividend	For	For	Management

306

RAS (RIUNIONE ADRIATICA DI SICURTA)

Ticker:		Security ID:	IT0000062825
Meeting Date:	APR 28, 2004	Meeting Type:	Annual/Special
Record Date:	APR 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles To Reflect New Italian Company Law Regulations; Add One New Articles to Company’s Bylaws; Renumber Articles of Association	For	Against	Management
2	Amend Rules Governing General Meetings	For	For	Management
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Accept Resignation of Certain Directors; Fix Number of Directors on the Board; Elect Directors; Determine Directors’ Remuneration	For	For	Management
3	Accept Resignation of One Alternate Internal Statutory Auditor; Appoint One Auditor to Reintegrate Board of Internal Statutory Auditors	For	For	Management
4	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management

RECKITT BENCKISER PLC (FORMERLY RECKITT & COLMAN PLC)

Ticker:		Security ID:	GB0007278715
Meeting Date:	MAY 13, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 14 Pence Per Ordinary Share	For	For	Management
4	Re-elect George Greener as Director	For	For	Management
5	Re-elect Peter White as Director	For	For	Management
6	Re-elect Colin Day as Director	For	For	Management
7	Elect Judith Sprieser as Director	For	For	Management
8	Elect Kenneth Hydon as Director	For	For	Management
9	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 24,842,000	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 3,726,000	For	For	Management
12	Authorise 70,800,000 Ordinary Shares for Market Purchase	For	For	Management

307

REED ELSEVIER NV (FORMERLY ELSEVIER NV)

Ticker:	ELNVY	Security ID:	NL0000349488
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:	APR 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2	Documents Received	None	None	Management
3	Receive Report of Management Board	None	None	Management
4	Approve Financial Statements and Statutory Reports	For	For	Management
5	Approve Dividends of EUR 0.30 per Ordinary Share	For	For	Management
6	Discussion about Company’s Corporate Governance Report	None	None	Management
7.1	Approve Discharge of Management Board	For	For	Management
7.2	Approve Discharge of Supervisory Board	For	For	Management
8	Reelect Deloitte Accountants as Auditors	For	For	Management
9.1	Reelect Lord Sharman as Member of Supervisory Board	For	For	Management
9.2	Reelect R. Stomberg as Member of Supervisory Board	For	For	Management
9.3	Reelect M. Tabaksblat as Member of Supervisory Board	For	For	Management
10	Reelect G. van de Aast as Member of Management Board	For	For	Management
11	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
12.1	Grant Board Authority to Issue Shares Up to Ten Percent of Issued Share Capital	For	For	Management
12.2	Grant Board Authority to Restrict/Exclude Preemptive Rights for Share Issuance under Item 12.1	For	For	Management
13	Other Business	None	None	Management
14	Close Meeting	None	None	Management

REED ELSEVIER PLC(FORMERLY REED INTERNATIONAL PLC)

Ticker:	RUK	Security ID:	0730835
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:

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

308

RENAULT

Ticker:		Security ID:	FR0000131906
Meeting Date:	APR 16, 2004	Meeting Type:	Annual/Special
Record Date:

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

309

RENTOKIL INITIAL PLC(FORMERLY RENTOKIL GROUP PLC)

Ticker:		Security ID:	GB0007327124
Meeting Date:	MAY 27, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 4.35 Pence Per Ordinary Share	For	For	Management
4.1	Re-elect Edward Brown as Director	For	For	Management
4.2	Re-elect Ronald Spinney as Director	For	For	Management
4.3	Re-elect James Wilde as Director	For	For	Management
5	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
6	Authorise 235,420,780 Ordinary Shares for Market Purchase	For	For	Management
7	Other Business (Non-Voting)	None	None	Management

REPSOL YPF SA (FORMERLY REPSOL, S.A.)

Ticker:	REP	Security ID:	ES0173516115
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Allocation of Income and Distribution of Dividend of EUR 0.40 Per Share, and Discharge Directors	For	For	Management
2	Elect Management Board	For	For	Management
3	Approve Deloitte & Touche Espana Auditors SL as Auditors	For	For	Management
4	Authorize Repurchase of Shares up to a Maximum of Five Percent of Capital	For	For	Management
5	Amend Articles Re: Legal Provisions Governing the Company, Shareholders Meeting, Right of Attendance, Representation, Board Composition, Administrators’ Liability, and Debentures Issuance	For	For	Management
6	Amend Articles Re: Regulations of the General Shareholder’s Meeting	For	For	Management
7	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

310

REUTERS GROUP PLC (FORMERLY REUTERS HOLDINGS PLC)

Ticker:		Security ID:	0236913
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 6.15 Pence Per Share	For	For	Management
4	Re-elect Tom Glocer as Director	For	For	Management
5	Re-elect David Grigson as Director	For	For	Management
6	Re-elect Sir Christopher Hogg as Director	For	For	Management
7	Re-elect Ian Strachan as Director	For	For	Management
8	Re-elect Charles Sinclair as Director	For	For	Management
9	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
10	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
11	Approve Increase in Remuneration for Each of the Non-Executive Directors from GBP 35,000 to GBP 50,000 Per Annum	For	For	Management
12	Amend Long-Term Incentive Plan	For	For	Management
13	Approve Restricted Share Plan	For	For	Management
14	Approve Additional Restricted Share Plans	For	For	Management
15	Approve Annual Bonus Profit Sharing Plan	For	For	Management
16	Approve Additional Bonus Profit Sharing Plans	For	For	Management
17	Authorise 143,254,000 Ordinary Shares for Market Purchase	For	For	Management
18	Adopt New Articles of Association	For	For	Management
19	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 107,400,000	For	For	Management
20	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 17,000,000	For	For	Management

REXAM PLC (FORMERLY BOWATER)

Ticker:	REXMY	Security ID:	GB0004250451
Meeting Date:	MAY 25, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 9.58 Pence Per Ordinary Share	For	For	Management
4	Re-elect Stefan Angwald as Director	For	For	Management
5	Re-elect Carl Symon as Director	For	For	Management
6	Re-elect Michael Buzzacott as Director	For	For	Management
7	Re-elect Yves Dominioni as Director	For	For	Management
8	Re-elect David Tucker as Director	For	For	Management
9	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 140,500,000	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 17,600,000	For	For	Management
12	Authorise 54,800,000 Ordinary Shares for Market Purchase	For	For	Management

311

RHI AG (FM. RADEX HERAKLITH INDUSTRIEBETEILIGUNGS AG)

Ticker:		Security ID:	AT0000676903
Meeting Date:	MAY 27, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income	For	For	Management
3	Approve Discharge of Management and Supervisory Boards	For	For	Management
4	Approve Remuneration of Directors	For	For	Management
5	Elect Supervisory Board Members	For	For	Management
6	Ratify Auditors	For	For	Management

RICOH CO. LTD.

Ticker:	RICL20	Security ID:	JP3973400009
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

RINKER GROUP LTD

Ticker:		Security ID:	AU000000RIN3
Meeting Date:	JUL 20, 2004	Meeting Type:	Annual
Record Date:	JUL 18, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Adopt Remuneration Report for the Financial Year Ended March 31, 2004	For	For	Management
3a	Elect John Morschel as Director	For	For	Management
3b	Elect John Ingram as Director	For	For	Management
4	Approve Remuneration of Directors in the Amount of AUD 1.25 Million	For	For	Management

312

RINKER GROUP LTD

Ticker:		Security ID:	AU000000RIN3
Meeting Date:	JUL 17, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2.1	Elect Marshall Criser as Director	For	For	Management
2.2	Elect John Arthur as Director	For	For	Management
2.3	Elect Walter Revell as Director	For	For	Management
2.4	Elect David Clarke as Director	For	For	Management

RIO TINTO LTD. (FORMERLY CRA LTD.)

Ticker:		Security ID:	AU000000RIO1
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Renewal of Share Buy-Back Authorities	For	For	Management
2	Approve Adoption of Executive Incentive Plans (Mining Companies Comparative Plan 2004 and Share Option Plan 2004)	For	For	Management
3	Approve Awards to Directors Under Executive Incentive and Share Savings Plans	For	For	Management
4	Elect John Kerr as Director	For	For	Management
5	Elect Leigh Clifford as Director	For	For	Management
6	Elect Guy Elliot as Director	For	For	Management
7	Elect Richard Sykes as Director	For	For	Management
8	Elect Richard Giordano as Director	For	For	Management
9	Approve the Remuneration Report as Set Out in the 2003 Annual Review and the 2003 Annual Report and Financial Statements	For	For	Management
10	Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
11	Approve the Company’s Financial Statements, the Report of the Directors and the Report of the Auditors in the Year Ended Dec. 31, 2003	For	For	Management

313

RIO TINTO PLC (FORMERLY RTZ CORP. PLC)

Ticker:		Security ID:	GB0007188757
Meeting Date:	APR 7, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 34,470,000	For	For	Management
2	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 6,890,000	For	For	Management
3	Authorise 106.7 Million Rio Tinto plc Shares for Market Purchase	For	For	Management
4	Approve the Mining Companies Comparative Plan 2004 and the Rio Tinto Share Option Plan 2004	For	For	Management
5	Elect Sir John Kerr as Director	For	For	Management
6	Re-elect Leigh Clifford as Director	For	For	Management
7	Re-elect Guy Elliott as Director	For	For	Management
8	Re-elect Sir Richard Sykes as Director	For	For	Management
9	Re-elect Sir Richard Giordano as Director	For	For	Management
10	Reappoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Their Remuneration	For	For	Management
11	Approve Remuneration Report	For	For	Management
12	Accept Financial Statements and Statutory Reports	For	For	Management

RMC GROUP PLC

Ticker:		Security ID:	GB0007266413
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

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

314

ROCHE HOLDING AG

Ticker:	ROCH20	Security ID:	CH0012032113
Meeting Date:	APR 6, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Discharge of the Board and Senior Management	For	For	Management
3	Approve Allocation of Income and Dividends of CHF 1.65 per Share	For	For	Management
4	Reelect Walter Frey and Andreas Oeri as Directors; Elect Bruno Gehrig and Lodewijk J.R. de Vink as Directors	For	For	Management
5	Ratify KPMG Klynveld Peat Marwick Goerdeler SA as Auditors	For	For	Management

ROHM CO. LTD.

Ticker:		Security ID:	JP3982800009
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 12.5, Final JY 42.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
3.4	Appoint Internal Statutory Auditor	For	For	Management
3.5	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonus for Statutory Auditor	For	For	Management

315

ROLLS-ROYCE GROUP PLC (FORMERLY ROLLS-ROYCE PLC)

Ticker:	RYCEY	Security ID:	3283648
Meeting Date:	MAY 5, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Approve Remuneration Report	For	Did Not Vote	Management
3	Re-elect Euan Baird as Director	For	Did Not Vote	Management
4	Elect Amy Bondurant as Director	For	Did Not Vote	Management
5	Re-elect Peter Byrom as Director	For	Did Not Vote	Management
6	Re-elect John Cheffins as Director	For	Did Not Vote	Management
7	Elect Carl-Peter Forster as Director	For	Did Not Vote	Management
8	Re-elect Colin Green as Director	For	Did Not Vote	Management
9	Re-elect James Guyette as Director	For	Did Not Vote	Management
10	Re-elect Michael Howse as Director	For	Did Not Vote	Management
11	Re-elect Lord Moore of Lower Marsh as Director	For	Did Not Vote	Management
12	Re-elect Sir Robin Nicholson as Director	For	Did Not Vote	Management
13	Re-elect Sir John Rose as Director	For	Did Not Vote	Management
14	Re-elect Andrew Shilston as Director	For	Did Not Vote	Management
15	Elect Ian Strachan as Director	For	Did Not Vote	Management
16	Re-elect Carl Symon as Director	For	Did Not Vote	Management
17	Re-elect Sir John Weston as Director	For	Did Not Vote	Management
18	Re-appoint KPMG Audit Plc as Auditors and Authorise Board to Fix Remuneration of Auditors	For	Did Not Vote	Management
19	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 111,843,332	For	Did Not Vote	Management
20	Authorise Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 16,776,499	For	Did Not Vote	Management
21	Authorise 167,764,998 Shares for Market Purchase	For	Did Not Vote	Management
22	Amend Articles of Association Re: Removal of Restrictions on the Company’s Borrowing Power	For	Did Not Vote	Management
23	Approve Rolls-Royce Group plc Performance Share Plan	For	Did Not Vote	Management
24	Approve Increase in Authorised Capital from GBP 500,050,000.60 to GBP 1,500,050,000.60; Approve Issue of B Shares; and Amend Articles Re: B Shares	For	Did Not Vote	Management
25	Approve Final Dividend of 5 Pence Per Share If Resolution 24 is Not Passed	For	Did Not Vote	Management
26	Approve Scrip Dividend If Resolution 24 is Not Passed	For	Did Not Vote	Management

316

ROYAL & SUN ALLIANCE INSURANCE GROUP(FORMERLY SUN ALLIANCE GROU

Ticker:		Security ID:	GB0006616899
Meeting Date:	MAY 28, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 2.9 Pence Per Ordinary Share	For	For	Management
3	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
4	Elect Edward Lea as Director	For	For	Management
5	Elect John Maxwell as Director	For	For	Management
6	Elect Noel Harwerth as Director	For	For	Management
7	Elect Malcolm Le May as Director	For	For	Management
8	Elect George Culmer as Director	For	For	Management
9	Approve Remuneration Report	For	For	Management
10	Approve the Royal Sun and Alliance Insurance Group Plc Share Matching Plan	For	For	Management
11	Authorise EU Political Donations up to Aggregate Nominal Amount of GBP 100,000 and Incur EU Political Expenditure up to Aggregate Nominal Amount of GBP 100,000	For	For	Management
12	Amend Articles of Association Re: Electronic Communication	For	For	Management
13	Authorise Directors to Establish a Scrip Dividend Scheme	For	For	Management
14	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 439,023,157	For	For	Management
15	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 39,603,474	For	For	Management
16	Authorise 288,025,262 Ordinary Shares for Market Purchase	For	For	Management

ROYAL & SUN ALLIANCE INSURANCE GROUP(FORMERLY SUN ALLIANCE GROU

Ticker:		Security ID:	GB0006616899
Meeting Date:	SEP 22, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Increase in Authorized Capital to GBP 1,379,000,000	For	For	Management
2	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 396,000,000 Pursuant to Rights Issue and Otherwise up to GBP 132,003,857	For	For	Management

317

ROYAL BANK OF SCOTLAND GROUP PLC

Ticker:	RBS	Security ID:	GB0007547838
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

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

ROYAL DUTCH PETROLEUM CO.

Ticker:	RD	Security ID:	NL0000009470
Meeting Date:	JUN 28, 2004	Meeting Type:	Annual
Record Date:	JUN 21, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Report of Management Board	None	None	Management
2.1	Approve Financial Statements and Statutory Reports	For	For	Management
2.2	Approve Total Dividend of EUR 1.76 Per Share	For	For	Management
2.3	Approve Discharge of Management Board	For	Against	Management
2.4	Approve Discharge of Supervisory Board	For	Against	Management
3	Elect L. Cook to Management Board	For	For	Management
4	Elect C. Morin-Postel to Supervisory Board	For	For	Management
5	Reelect van de Bergh to Supervisory Board	For	For	Management
6	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
7	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management

318

ROYAL KPN NV

Ticker:	KPN	Security ID:	NL0000009082
Meeting Date:	APR 15, 2004	Meeting Type:	Annual
Record Date:

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

RWE AG

Ticker:	RWEOY	Security ID:	DE0007037129
Meeting Date:	APR 15, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.25 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify PwC Deutsche Revision AG as Auditors	For	For	Management
6	Amend Articles Re: Supervisory Board Remuneration Scheme	For	For	Management

319

SACYR VALLERMOSO (FRMELY VALLEHERMOSO, S.A.)

Ticker:		Security ID:	ES0182870214
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Individual and Consolidated Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income	For	For	Management
3	Fix Number of Directors; Elect Directors	For	For	Management
4	Authorize Repurchase of Shares	For	For	Management
5	Adopt New Articles of Association/Charter	For	For	Management
6	Approve General Meeting Guidelines	For	For	Management
7	Approve Remuneration of Directors	For	For	Management
8	Authorize Issuance of 13.85 Million Shares without Preemptive Rights at EUR 11.50 Per Share; Amend Article 5 Accordingly; Approve Listing of New Shares in Stock Exchange	For	For	Management
9	Authorize Capitalization of Reserves of EUR 6.49 Million for a Share Issuance; Amend Article 5 Accordingly; Approve Listing of Shares in Stock Exchange	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
11	Authorize Issuance of Convertible Bonds without Preemptive Rights	For	For	Management
12	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management
13	Information Regarding Board Guidelines	For	For	Management

SAGE GROUP PLC (THE)

Ticker:		Security ID:	GB0008021650
Meeting Date:	MAR 4, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 1.095 Pence Per Share	For	For	Management
3	Re-elect Michael Jackson as Director	For	For	Management
4	Re-elect Paul Walker as Director	For	For	Management
5	Re-elect Paul Harrison as Director	For	For	Management
6	Re-elect Paul Stobart as Director	For	For	Management
7	Approve PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Their Remuneration	For	For	Management
8	Approve Remuneration Report	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 4,263,861	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 639,579	For	For	Management

320

SAGEM S.A.

Ticker:		Security ID:	FR0000073272
Meeting Date:	APR 21, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Discharge Management and Supervisory Board	For	For	Management
2	Approve Allocation of Income and Dividends of EUR 1.41 per Share	For	For	Management
3	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Ratify Constantin Associes as Auditors	For	For	Management
6	Ratify Jean-Francois Serval as Alternate Auditor	For	For	Management
7	Ratify Deloitte Touche Tohmatsu Audit as Auditors	For	For	Management
8	Ratify Bureau d’Etudes Administratives Sociales et Comptables as Alternate Auditor	For	For	Management
9	Elect Yves Guena as Supervisory Board Member	For	Against	Management
10	Elect Georges Chodron de Courcel as Supervisory Board Member	For	Against	Management
11	Elect Patrick Sevian as Supervisory Board Member	For	Against	Management
12	Approve Remuneration of Supervisory Board Members in the Aggregate Amount of EUR 400,000	For	For	Management
13	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
14	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
15	Authorize Issuance of Bonds/Debentures in the Aggregate Value of Up to EUR 800 Million	For	For	Management
16	Authorize Capitalization of Reserves of Up to EUR 15 Million for Bonus Issue or Increase in Par Value	For	For	Management
17	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 15 Million	For	For	Management
18	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 15 Million	For	Against	Management
19	Approve Stock Option Plan Grants to Subscribe for Newly Issued Shares	For	Against	Management
20	Approve Stock Option Plan Grants to Purchase Existing Shares	For	Against	Management
21	Set Global Limit for Capital Increase to Result from All Issuance Requests at EUR 100 Million	For	Against	Management
22	Set Global Limit for Debt Increase to Result from All Debt Instrument Issuance Requests at EUR 1 Billion	For	For	Management
23	Authorize Filing of Required Documents/Other Formalities	For	For	Management

321

SAGEM S.A.

Ticker:		Security ID:	FR0000073272
Meeting Date:	DEC 18, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Subject to Approval of Resolutions 5, 6, and 10 Below, Authorize Capitalization of Reserves in the Amount of EUR 5.55 Million for Bonus Issue	For	For	Management
2	Consequento to Item 1, Carry Out Bonus Issuance of 5.55 Million New Shares According to the Ratio of One New Share For Every Six Old Shares Held	For	For	Management
3	Amend Article 32 Re: Double Voting-Rights to Long-Term Registered Shareholders	For	Against	Management
4	Subject to Resolutions 1, 2, 5, 6, and 10, Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
5	Approve Merger by Absorption of COFICEM	For	For	Management
6	Approve Issuance of 15.6 Million Shares in Connection with Absorption of COFICEM with an Exchange Ratio of 4:1	For	For	Management
7	Confirm Merger by Absorption of COFICEM	For	For	Management
8	Approve Accounting Treatment of the Premium Consequent to the Absorption of COFICEM	For	For	Management
9	Approve Reduction in Share Capital via Cancellation of Sagem Shares Currently Held by COFICEM in Treasury, Consequent to the Absorption	For	For	Management
10	Approve Merger by Absorption of SAGEM International	For	For	Management
11	Confirm Completion of Absorption and Dissolution Without Liquidation of SAGEM International	For	For	Management
12	Confirm Existence of a Premium Consequent to the Absorption of SAGEM International	For	For	Management
13	Approve Accounting Treatment of the Premium Consequent to the Absorption of SAGEM International	For	For	Management
14	Approve Reduction in Share Capital via Cancellation of Sagem Shares Held by SAGEM International in Treasury, Consequent to the Absorption of COFICEM	For	For	Management
15	Amend Articles to Reflect Changes in Capital	For	For	Management
16	Approve Standard Accounting Transfers To Reduce Legal Reserve Consequent To Changes in Capital	For	For	Management
17	Authorize Filing of Required Documents/Other Formalities	For	For	Management

322

SAHAVIRIYA STEEL INDUS PLC CO

Ticker:		Security ID:	TH0436010019
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:	APR 7, 2004

#	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 Reports	For	For	Management
4	Approve Allocation of Income and Omission of Dividends	For	For	Management
5	Elect Directors	For	For	Management
6	Approve Remuneration of Directors	For	For	Management
7	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
8	Amend Corporate Purpose	For	Against	Management
9	Other Business	For	Against	Management

SAMPO OYJ (FORMERLY SAMPO-LEONIA INSURANCE CO.

Ticker:		Security ID:	FI0009003305
Meeting Date:	APR 7, 2004	Meeting Type:	Annual
Record Date:	MAR 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements and Statutory Reports	None	None	Management
1.2	Receive Auditor’s Report	None	None	Management
1.3	Accept Financial Statements and Statutory Reports	For	For	Management
1.4	Approve Allocation of Income and Dividends of EUR 1.50 Per Share	For	For	Management
1.5	Approve Discharge of Board and President	For	For	Management
1.6	Fix Number of Directors at Eight; Approve Remuneration of Directors	For	For	Management
1.7	Fix Number of Auditors; Approve Remuneration of Auditors	For	For	Management
1.8	Reelect Tom Berglund, Anne Brunila, Georg Ehrnrooth, Jyrki Juusela, Olli-Pekka Kallasvuo, Christoffer Taxell, and Bjoern Wahlroos as Directors; Elect Matti Vuoria as New Director	For	For	Management
1.9	Appoint Ernst & Young Oy as Auditors	For	For	Management
2	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	For	Management
3	Authorize Reissuance of Repurchased Shares	For	For	Management

323

SANDEN CORP.

Ticker:		Security ID:	JP3336400001
Meeting Date:	JUN 22, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5, Final JY 5, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Increase Number of Internal Auditors from 4 to 5 - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
3.4	Appoint Internal Statutory Auditor	For	For	Management
3.5	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management

SANDVIK AB

Ticker:		Security ID:	SE0000667891
Meeting Date:	MAY 6, 2004	Meeting Type:	Annual
Record Date:	APR 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive Financial Statements and Statutory Reports; Receive Board and Committee Reports; Receive President’s Report	None	Did Not Vote	Management
8	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
9	Approve Discharge of Board and President	For	Did Not Vote	Management
10	Approve Allocation of Income and Dividends of SEK 10.50 Per Share	For	Did Not Vote	Management
11	Determine Number of Members (8) and Deputy Members (0) of Board	For	Did Not Vote	Management
12	Approve Remuneration of Directors in the Amount of SEK 975,000 for Chairman and SEK 325,000 for Other Board Members; Approve Remuneration of SEK 200,000 for Committee Work	For	Did Not Vote	Management
13	Reelect George Ehrnrooth, Clas Aake Hedstroem, Sigrun Hjelmquist, Egil Myklebust, Arne Maartensson, Lars Nyberg, Anders Nyren, and Lars Pettersson as Directors	For	Did Not Vote	Management
14	Amend Articles Re: Specify that Audit Firm (One) or Individuals (Two or Three and Two or Three Deputies) May be Appointed as Auditor(s)	For	Did Not Vote	Management
15	Determine Number of Auditors (One Audit Firm)	For	Did Not Vote	Management
16	Approve Remuneration of Auditors	For	Did Not Vote	Management
17	Ratify KPMG Bohlins AB as Auditors	For	Did Not Vote	Management
18.1	Authorize Chairman of Board to Appoint Four Representatives of Company’s Largest Shareholders to Serve on Nominating Committee	For	Did Not Vote	Management
18.2	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
19	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	Did Not Vote	Management

324

SANKYO CO. LTD.

Ticker:		Security ID:	JP3326400003
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 10, Interim Special JY 2.5, Final JY 10, Final Special JY 7.5	For	Did Not Vote	Management
2	Amend Articles to: Decrease Authorized Capital to Reflect Share Repurchase from 1.18 Billion to 1.17 Billion Shares - Authorize Share Repurchases at Board’s Discretion	For	Did Not Vote	Management
3.1	Elect Director	For	Did Not Vote	Management
3.2	Elect Director	For	Did Not Vote	Management
3.3	Elect Director	For	Did Not Vote	Management
3.4	Elect Director	For	Did Not Vote	Management
3.5	Elect Director	For	Did Not Vote	Management
3.6	Elect Director	For	Did Not Vote	Management
3.7	Elect Director	For	Did Not Vote	Management
3.8	Elect Director	For	Did Not Vote	Management
3.9	Elect Director	For	Did Not Vote	Management
4	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
5	Approve Executive Stock Option Plan	For	Did Not Vote	Management

325

SANPAOLO IMI SPA

Ticker:		Security ID:	IT0001269361
Meeting Date:	JUN 29, 2004	Meeting Type:	Special
Record Date:	JUN 24, 2004

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

SANPAOLO IMI SPA

Ticker:		Security ID:	IT0001269361
Meeting Date:	NOV 24, 2003	Meeting Type:	Special
Record Date:	NOV 19, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Fix Number of Directors on the Board; Elect Directors; Determine Directors’ Term and Remuneration	For	For	Management
1	Approve Merger by Absorption of Cardine Finanziaria Spa	For	For	Management
2	Amend Articles of Association	For	For	Management

SANPAOLO IMI SPA

Ticker:		Security ID:	IT0001269361
Meeting Date:	NOV 25, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Fix Number of Directors on the Board; Elect Directors; Determine Directors’ Term and Remuneration	For	Did Not Vote	Management
1	Approve Merger by Absorption of Cardine Finanziaria Spa	For	Did Not Vote	Management
2	Amend Articles of Association	For	Did Not Vote	Management

326

SANPAOLO IMI SPA

Ticker:		Security ID:	IT0001269361
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:	APR 23, 2004

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

SANTOS LTD.

Ticker:	STOSY	Security ID:	AU000000STO6
Meeting Date:	MAY 7, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2.1	Elect Richard Michael Harding as Director	For	For	Management
2.2	Elect Judith Sloan as Director	For	For	Management
2.3	Elect Stephen Gerlach as Director	For	For	Management
3	Approve Remuneration of Directors in the Amount of AUD 1.5 Million Per Annum	For	For	Management

SANYO ELECTRIC CO. LTD.

Ticker:	SANYF	Security ID:	JP3340600000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
4	Approve Executive Stock Option Plan	For	For	Management

327

SAP AG

Ticker:	SZXP10	Security ID:	DE0007164600
Meeting Date:	MAY 6, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 0.80 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify KPMG Deutsche Treuhand-Gesellschaft AG as Auditors	For	For	Management
6	Amend Articles to Reflect Changes in Capital	For	For	Management
7	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
8	Authorize Use of Financial Derivatives Method when Repurchasing Shares	For	Against	Management

SCHERING AG

Ticker:	SHR10	Security ID:	DE0007172009
Meeting Date:	APR 16, 2004	Meeting Type:	Annual
Record Date:

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

328

SCHNEIDER ELECTRIC SA (FORMERLY SCHNEIDER SA)

Ticker:		Security ID:	FR0000121972
Meeting Date:	APR 27, 2004	Meeting Type:	Annual/Special
Record Date:

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

329

SCMP GROUP LTD. (FRMRLY. SOUTH CHINA MORNING POST)

Ticker:		Security ID:	BMG7867B1054
Meeting Date:	MAY 24, 2004	Meeting Type:	Annual
Record Date:	MAY 17, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend	For	For	Management
3	Reelect Directors and Authorize Board to Fix Their Remuneration	For	For	Management
4	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5	Amend Bylaws	For	For	Management
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
7	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
8	Authorize Reissuance of Repurchased Shares	For	For	Management

SCOTTISH & NEWCASTLE PLC

Ticker:		Security ID:	GB0007839698
Meeting Date:	AUG 28, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Approve Remuneration Report	For	Did Not Vote	Management
3	Approve Final Dividend of 20 Pence Per Share	For	Did Not Vote	Management
4	Reelect Henry Fairweather as Director	For	Did Not Vote	Management
5	Reelect Angus Grossart as Director	For	Did Not Vote	Management
6	Reelect John Nicolson as Director	For	Did Not Vote	Management
7	Reelect Brian Stewart as Director	For	Did Not Vote	Management
8	Reelect John Dunsmore as Director	For	Did Not Vote	Management
9	Reelect Tony Froggatt as Director	For	Did Not Vote	Management
10	Ratify Ernst and Young LLP as Auditors	For	Did Not Vote	Management
11	Authorize Board to Fix Remuneration of Auditors	For	Did Not Vote	Management
12	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 34,000,000	For	Did Not Vote	Management
13	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 8,700,000	For	Did Not Vote	Management
14	Authorize 87,000,000 Shares for Share Repurchase Program	For	Did Not Vote	Management

330

SCOTTISH & NEWCASTLE PLC

Ticker:		Security ID:	GB0007839698
Meeting Date:	OCT 29, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Sale of S and N Retail to Spirit Amder Bidco Ltd.	For	For	Management

SCOTTISH & SOUTHERN ENERGY PLC (FRM.HYDRO ELECTRIC POWER PLC

Ticker:	SCTZ40	Security ID:	GB0007908733
Meeting Date:	JUL 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 26.4 Pence Per Ordinary Share	For	For	Management
4	Elect Kevin Smith as Director	For	For	Management
5	Re-elect Henry Casley as Director	For	For	Management
6	Re-elect Ian Marchant as Director	For	For	Management
7	Re-elect Alistair Phillips-Davies as Director	For	For	Management
8	Re-appoint KPMG Audit Plc as Auditors of the Company	For	For	Management
9	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 142,917,261	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 21,436,740	For	For	Management
12	Authorise 85,746,962 Ordinary Shares for Market Purchase	For	For	Management
13	Amend Articles of Association Re: Treasury Shares	For	For	Management
14	Amend the Scottish and Southern Energy Employee Share Ownership Plan and the Scottish and Southern Energy plc 2001 Sharesave Scheme	For	For	Management
15	Amend Articles of Association Re: Special Share	For	For	Management

331

SCOTTISH & SOUTHERN ENERGY PLC (FRM.HYDRO ELECTRIC POWER PLC

Ticker:	SCTZ40	Security ID:	GB0007908733
Meeting Date:	JUL 24, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 24.5 Pence Per Ordinary Share	For	For	Management
4	Elect Gregor Alexander as Director	For	For	Management
5	Elect Rene Medori as Director	For	For	Management
6	Elect Susan Rice as Director	For	For	Management
7	Elect Robert Smith as Director	For	For	Management
8	Reelect Colin Hood as Director	For	For	Management
9	Reelect David Payne as Director	For	For	Management
10	Reelect David Sigsworth as Director	For	For	Management
11	Approve KPMG Audit Plc as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
12	Approve Increase in Remuneration of Nonexecutive Directors to GBP 400,000	For	For	Management
13	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 21,452,330	For	For	Management
14	Authorize 85,809,319 Ordinary Shares for Share Repurchase Program	For	For	Management

SCOTTISH POWER PLC

Ticker:	SPI	Security ID:	GB0006900707
Meeting Date:	JUL 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Elect Vicky Bailey as Director	For	For	Management
4	Elect Philip Carroll as Director	For	For	Management
5	Elect Judi Johansen as Director	For	For	Management
6	Elect Simon Lowth as Director	For	For	Management
7	Elect Nancy Wilgenbusch as Director	For	For	Management
8	Re-elect Euan Baird as Director	For	For	Management
9	Re-elect Ian Russell as Director	For	For	Management
10	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
11	Authorise the Company to Make EU Political Donations and Incur EU Political Expenditure up to Aggregate Nominal Amount of GBP 100,000	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 46,499,936	For	For	Management
13	Authorise 185,999,745 Ordinary Shares for Market Purchase	For	For	Management
14	Amend Articles of Association Re: CREST and the Special Share Provisions	For	For	Management

332

SCOTTISH POWER PLC

Ticker:	SPI	Security ID:	GB0006900707
Meeting Date:	JUL 25, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Elect Nick Rose as Director	For	For	Management
4	Elect Donald Brydon as Director	For	For	Management
5	Reelect Charles Smith as Director	For	For	Management
6	Reelect David Nish as Director	For	For	Management
7	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
8	Authorize EU Political Donations up to GBP 100,000	For	For	Management
9	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 46,403,949	For	For	Management
10	Authorize 185,615,798 Shares for Share Repurchase Program	For	For	Management

SEAT PAGINE GIALLE SPA

Ticker:		Security ID:	7743621
Meeting Date:	APR 14, 2004	Meeting Type:	Annual
Record Date:	APR 9, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Payment of Cash Dividend	None	Against	Shareholder
1	Amend Articles Re: Directors’ Authorization To Service Stock Option Plans; Fiscal Year End	For	For	Management

333

SECOM CO. LTD.

Ticker:		Security ID:	JP3421800008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 45, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Reduce Directors Term in Office - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
4	Approve Retirement Bonuses for Directors	For	For	Management

SECURICOR PLC (FORMERLY SECURICOR GROUP PLC)

Ticker:		Security ID:	GB0032739848
Meeting Date:	JUN 28, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Scheme of Arrangement between the Company and Holders of Securicor Scheme Shares; and the Merger Agreement between the Company and Group 4 Falck A/S	For	For	Management
2	Approve the Group 4 Securicor Performance Share Plan	For	For	Management
3	Approve the Group 4 Securicor Share Incentive Plan	For	For	Management

SECURICOR PLC (FORMERLY SECURICOR GROUP PLC)

Ticker:		Security ID:	GB0032739848
Meeting Date:	JUN 28, 2004	Meeting Type:	Court
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Scheme of Arrangement	For	For	Management

334

SECURICOR PLC (FORMERLY SECURICOR GROUP PLC)

Ticker:		Security ID:	GB0032739848
Meeting Date:	MAR 11, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Confirm Payment of the Interim Dividend and Approve Final Dividend of 1.62 Pence Per Share	For	For	Management
3.1	Re-elect Jonathan Kitchen as Director	For	For	Management
3.2	Re-elect Nigel Griffiths as Director	For	For	Management
4	Elect Lord Sharman as Director	For	For	Management
5	Approve Baker Tilly as Auditors and Authorise Board to Fix Their Remuneration	For	For	Management
6	Approve Remuneration Report	For	For	Management
7	Authorise 53,153,500 Shares for Market Repurchase	For	For	Management

SECURITAS AB

Ticker:		Security ID:	SE0000163594
Meeting Date:	APR 6, 2004	Meeting Type:	Annual
Record Date:	MAR 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive President’s Report	None	Did Not Vote	Management
8	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
9.1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
9.2	Approve Allocation of Income and Dividends of SEK 2 Per Share	For	Did Not Vote	Management
9.3	Approve Record Date (April 13, 2004) for Dividend	For	Did Not Vote	Management
9.4	Approve Discharge of Board and President	For	Did Not Vote	Management
10	Determine Number of Members (8) and Deputy Members (0) of Board	For	Did Not Vote	Management
11	Approve Remuneration of Directors in the Aggregate Amount of SEK 3 Million; Approve Remuneration of Auditors	For	Did Not Vote	Management
12	Reelect Thomas Berglund, Annika Bolin, Carl Douglas, Gustaf Douglas, Anders Frick, Berthold Lindqvist, Fredrik Palmstierna, and Melker Schoerling as Directors; Ratify PricewaterhouseCoopers AB as Auditors	For	Did Not Vote	Management
13.1	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
13.2	Reelect Gustaf Douglas and Melker Schoerling as Members of Nominating Committee	For	Did Not Vote	Management
14	Close Meeting	None	Did Not Vote	Management

335

SEKISUI CHEMICAL CO. LTD.

Ticker:		Security ID:	JP3419400001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 4, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Executive Stock Option Plan	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Adjustment to Aggregate Compensation Ceiling for Directors	For	For	Management
7	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

SEKISUI HOUSE LTD.

Ticker:		Security ID:	JP3420600003
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:	JAN 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 9, Final JY 9, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management

336

SEMBCORP INDUSTRIES LIMITED

Ticker:		Security ID:	SG1G26864940
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final Dividend of SGD 0.05 Per Share	For	For	Management
3	Reelect K Shanmugam as Director	For	For	Management
4	Reelect Goh Geok Ling as Director	For	For	Management
5	Reelect Richard Hale as Director	For	For	Management
6	Reelect Yong Ying-I as Director	For	For	Management
7	Reelect Vichit Suraphongchai as Director	For	For	Management
8	Reappoint Tetsuro Kawakami as Director	For	For	Management
9	Approve Directors’ Fees of SGD 675,321 for the Year Ended Dec. 31, 2003	For	For	Management
10	Reappoint KPMG as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
11	Approve Issuance of Shares without Preemptive Rights	For	For	Management
12	Approve Mandate for Transactions with Related Parties	For	For	Management
13	Approve Issuance of Shares and Grant of Options Pursuant to the Share Option Plan and Performance Share Plan and Restricted Stock Plan	For	For	Management

SERCO GROUP PLC

Ticker:		Security ID:	GB0007973794
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 1.62 Pence Per Share	For	For	Management
4	Re-elect Kevin Beeston as Director	For	For	Management
5	Re-elect Ralph Hodge as Director	For	For	Management
6	Elect David Richardson as Director	For	For	Management
7	Elect Margaret Ford as Director	For	For	Management
8	Re-appoint Deloitte and Touche LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2,870,902	For	For	Management
10	Authorise the Company to Grant EU Political Donations up to Aggregate Nominal Amount of GBP 50,000	For	For	Management
11	Authorise Serco Limited, a Wholly-owned Subsidiary of the Company, to Grant EU Political Donations up to Aggregate Nominal Amount of GBP 50,000	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 434,985	For	For	Management
13	Authorise 43,488,084 Ordinary Shares for Market Purchase	For	For	Management
14	Adopt New Articles of Association	For	For	Management

337

SERONO SA (FORMERLY ARES-SERONO SA)

Ticker:		Security ID:	CH0010751920
Meeting Date:	MAY 25, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Dividends of CHF 3.20 per Regestered Share and 8.00 per Bearer Share	For	For	Management
3a	Approve Creation of CHF 36.3 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
3b	Approve Stock Option Plan; Approve Creation of CHF 18.8 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	Against	Management
4	Approve Creation of CHF 35 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
5	Amend Articles Re: Submission of Shareholder Proposals	For	For	Management
6	Approve Discharge of Board and Senior Management	For	For	Management
7.1	Elect Ernesto Bartarelli, Pierre Douaze, Bernard Mach, Sergio Marchionne, Georges Muller, Jacques Theurillat, and Hans Thierstein as Directors	For	For	Management
7.2	Elect Patrick Gage as a Director	For	For	Management
7.3	Reelect PricewaterhouseCoopers SA as Auditors	For	For	Management
7.4	Reelect Ernst & Young SA as Special Auditors	For	For	Management

338

SEVEN-ELEVEN JAPAN CO. LTD.

Ticker:		Security ID:	JP3423000003
Meeting Date:	MAY 28, 2004	Meeting Type:	Annual
Record Date:	FEB 29, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 19, Final JY 20, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion - Limit Directors’ Legal Liability	For	Against	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
3.18	Elect Director	For	For	Management
3.19	Elect Director	For	For	Management
4	Approve Retirement Bonuses for Directors	For	For	Management

SEVERN TRENT PLC

Ticker:		Security ID:	GB0000546324
Meeting Date:	JUL 27, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 29.27 Pence Per Ordinary Share	For	For	Management
4	Re-elect John Banyard as Director	For	For	Management
5	Re-elect Brian Duckworth as Director	For	For	Management
6	Re-elect John McAdam as Director	For	For	Management
7	Re-elect Derek Osborn as Director	For	For	Management
8	Elect Martin Houston as Director	For	For	Management
9	Elect Colin Matthews as Director	For	For	Management
10	Elect John Smith as Director	For	For	Management
11	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 74,327,058	For	For	Management
13	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 11,261,675	For	For	Management
14	Authorise 34,511,587 Ordinary Shares for Market Purchase	For	For	Management
15	Amend Articles of Association	For	For	Management
16	Authorise Severn Trent Plc to Make EU Political Donations and Incur EU Political Expenditure up to Aggregate Nominal Amount of GBP 50,000	For	For	Management
17	Authorise Severn Trent Water Limited to Make EU Political Donations and Incur EU Political Expenditure up to Aggregate Nominal Amount of GBP 50,000	For	For	Management
18	Authorise Biffa Waste Services Limited to Make EU Political Donations and Incur EU Political Expenditure up to Aggregate Nominal Amount of GBP 25,000	For	For	Management
19	Authorise Biffa Treatment NV to Make EU Political Donations and Incur EU Political Expenditure up to Aggregate Nominal Amount of GBP 25,000	For	For	Management

339

SEVERN TRENT PLC

Ticker:		Security ID:	GB0000546324
Meeting Date:	JUL 30, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 28.56 Pence Per Ordinary Share	For	For	Management
3	Reelect David Arculus as Director	For	For	Management
4	Reelect Robert Walker as Director	For	For	Management
5	Reelect Eric Anstee as Director	For	For	Management
6	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Authorize the Company to Make EU Political Donations up to GBP 50,000	For	For	Management
8	Authorize Severn Trent Water Limited to Make EU Political Donations up to GBP 50,000	For	For	Management
9	Authorize Biffa Waste Services Limited to Make EU Political Donations up to GBP 25,000	For	For	Management
10	Authorize Biffa Waste Services SA to Make EU Political Donations up to GBP 25,000	For	For	Management
11	Authorize Severn Trent Services Limited to Make EU Political Donations up to GBP 25,000	For	For	Management
12	Approve Remuneration Report	For	For	Management
13	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 11,224,491	For	For	Management
14	Authorize 34,397,636 Shares for Share Repurchase Program	For	For	Management

SGS SOCIETE GENERALE DE SURVEILLANCE HOLDING SA

Ticker:		Security ID:	CH0002497458
Meeting Date:	DEC 9, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Change Company Name to SGS SA	For	For	Management
2	Approve Creation of CHF 20 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
3	Approve Creation of CHF 10 Million Pool of Authorised Capital without Preemptive Rights	For	For	Management

340

SGS SOCIETE GENERALE DE SURVEILLANCE HOLDING SA

Ticker:		Security ID:	CH0002497458
Meeting Date:	MAR 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Discharge of the Board and Senior Management	For	For	Management
3	Approve Allocation of Income and Dividends of CHF 9 per Share	For	For	Management
4	Reelect Delloite and Touche SA as Auditors	For	For	Management

SHANGRI-LA-ASIA LTD.

Ticker:		Security ID:	6771032
Meeting Date:	MAY 25, 2004	Meeting Type:	Annual
Record Date:	MAY 19, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$0.08 Per Share	For	For	Management
3a	Reelect Giovanni Angelini as Director	For	For	Management
3b	Reelect Lui Man Shing as Director	For	For	Management
3c	Reelect Ho Kian Guan as Director	For	For	Management
3d	Reelect Roberto V. Ongpin as Director	For	For	Management
3e	Reelect Timothy David Dattels as Director	For	For	Management
4	Fix Remuneration of Directors Including Fees Payable to Members of the Audit and Remuneration Committees	For	For	Management
5	Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6a	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
6b	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
6c	Authorize Reissuance of Repurchased Shares	For	For	Management
7	Amend Bylaws Re: Voting at General Meetings, Nomination of Directors, Material Interest of Directors in Contracts Entered into by the Company, Electronic Communication	For	For	Management

341

SHANGRI-LA-ASIA LTD.

Ticker:		Security ID:	BMG8063F1068
Meeting Date:	JUN 29, 2004	Meeting Type:	Special
Record Date:	JUN 24, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Master Agreement	For	For	Management

SHARP CORP.

Ticker:	SHCAF	Security ID:	JP3359600008
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 8, Final JY 10, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
3.18	Elect Director	For	For	Management
3.19	Elect Director	For	For	Management
3.20	Elect Director	For	For	Management
3.21	Elect Director	For	For	Management
3.22	Elect Director	For	For	Management
3.23	Elect Director	For	For	Management
3.24	Elect Director	For	For	Management
3.25	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Special Bonus for Family of Deceased Director and Approve Retirement Bonuses for Directors	For	For	Management

342

SHELL TRANSPORT AND TRADING COMPANY PLC (THE)

Ticker:	SC	Security ID:	GB0008034141
Meeting Date:	JUN 28, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Elect Malcolm Brinded as Director	For	For	Management
4	Re-elect Eileen Buttle as Director	For	For	Management
5	Re-elect Luis Giusti as Director	For	For	Management
6	Re-elect Nina Henderson as Director	For	For	Management
7	Re-elect Lord Oxburgh as Director	For	For	Management
8	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
9	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
10	Authorise 483 Million Ordinary Shares for Market Purchase	For	For	Management

SHIMAMURA CO. LTD.

Ticker:		Security ID:	JP3358200008
Meeting Date:	MAY 14, 2004	Meeting Type:	Annual
Record Date:	FEB 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 26.5, Final JY 31.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
3.4	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

343

SHIMANO INC.

Ticker:		Security ID:	JP3358000002
Meeting Date:	MAR 24, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 9.5, Final JY 6.25, Special JY 3.25	For	For	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles to: Decrease Authorized Capital from 294.4 Million Shares to 281.3 Million Shares to Reflect Share Repurchase - Authorize Share Repurchases at Board’s Discretion	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management

SHIMIZU CORP.

Ticker:		Security ID:	JP3358800005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 2.5, Final JY 2.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

SHIN CORP. (SHIN) (FORMERLY SHINAWATRA COMPUTER & COMMUNICATION

Ticker:		Security ID:	TH0201010Z12
Meeting Date:	APR 23, 2004	Meeting Type:	Annual
Record Date:	APR 5, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2	Approve Minutes of Previous AGM	For	For	Management
3	Accept Directors’ Report	For	For	Management
4	Accept Financial Statements and Statutory Reports	For	For	Management
5	Approve Allocation of Income and Dividends	For	For	Management
6	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Elect Directors	For	For	Management
8	Approve Remuneration of Directors	For	For	Management
9	Approve Issuance of 13.7 Million Units of Warrants to Directors, Employees, and Advisors of the Company	For	For	Management
10	Approve Issuance of 13.7 Million Ordinary Shares	For	For	Management
11	Approve Issuance of Warrants to Directors, Employees and Advisors Exceeding Five Percent of the Total Issuance	For	For	Management
12	Other Business	For	Against	Management

344

SHIN-ETSU CHEMICAL CO. LTD.

Ticker:		Security ID:	JP3371200001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 8, Final JY 8, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
4	Approve Retirement Bonuses for Directors	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management

SHIONOGI & CO. LTD.

Ticker:		Security ID:	JP3347200002
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4.25, Final JY 4.25, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Minimum Board Size - Reduce Directors Term in Office - Authorize Share Repurchases at Board’s Discretion - Expand Business Lines	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

345

SHISEIDO CO. LTD.

Ticker:	SSDOY	Security ID:	JP3351600006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 11, Final JY 11, Special JY 0	For	For	Management
2	Amend Articles to: Abolish Retirement Bonus System - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management
6	Approve Payments to Continuing Directors and Statutory Auditors in Connection with Abolition of Retirement Bonus System	For	For	Management
7	Approve Executive Stock Option Plan	For	For	Management

SHOWA DENKO K.K.

Ticker:		Security ID:	JP3368000000
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

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

346

SHOWA SHELL SEKIYU K.K.

Ticker:		Security ID:	JP3366800005
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 10, Final JY 15, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion - Authorize Appointment of Alternate Statutory Auditors	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
4	Appoint Alternate Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Statutory Auditors	For	For	Management

SIAM CEMENT CO. LTD.

Ticker:		Security ID:	TH0003010Z04
Meeting Date:	MAR 24, 2004	Meeting Type:	Annual
Record Date:	MAR 4, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Minutes of Previous AGM	For	For	Management
2	Accept Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Final Dividend of Baht 3.5 per Share	For	For	Management
4	Elect Directors	For	For	Management
5	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Amend Articles of Association	For	For	Management
7	Approve Remuneration of Directors	For	For	Management
8	Other Business	For	Against	Management

SIAM CITY CEMENT

Ticker:		Security ID:	TH0021010010
Meeting Date:	APR 8, 2004	Meeting Type:	Annual
Record Date:	MAR 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Minutes of Previous AGM	For	For	Management
2	Accept Report of the Audit Committee	For	For	Management
3	Accept Directors’ Report	For	For	Management
4	Accept Financial Statements and Statutory Reports	For	For	Management
5	Approve Allocation of Income and Final Dividend of Baht 5.00 per Share	For	For	Management
6	Elect Directors	For	For	Management
7	Approve Ernst & Young Office Limited as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
8	Amend Articles of Association Re: Connected Transactions	For	For	Management
9	Other Business	For	Against	Management

347

SIAM COMMERCIAL BANK PLC

Ticker:		Security ID:	TH0015010018
Meeting Date:	APR 8, 2004	Meeting Type:	Annual
Record Date:	MAR 19, 2004

#	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 Reports	For	For	Management
4	Approve Allocation of Income and Dividend of Baht 1.40 Per Share	For	For	Management
5	Approve Remuneration of Directors	For	For	Management
6	Elect Directors	For	For	Management
7	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
8	Amend Articles of Association	For	For	Management
9	Amend Articles/Charter to Reflect Changes in Capital	For	For	Management
10	Other Business	For	Against	Management

SIEMENS AG

Ticker:	SMAG40	Security ID:	DE0007236101
Meeting Date:	JAN 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.10 per Share	For	For	Management
3	Approve Discharge of Management Board for Fiscal 2002/2003	For	For	Management
4	Approve Discharge of Supervisory Board for Fiscal 2002/2003	For	For	Management
5	Ratify KPMG as Auditors	For	For	Management
6	Elect Jerry Speyer to the Supervisory Board; Elect Hans-Dieter Wiedig as a Deputy Supervisory Board Member	For	For	Management
7	Authorize Repurchase of up to Ten Percent of Issued Share Capital; Authorize Board to Issue Repurchased Shares	For	For	Management
8	Approve Creation of EUR 600 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
9	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 11.3 Billion with Preemptive Rights; Approve Creation of EUR 600 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management

348

SINGAPORE AIRLINES LIMITED

Ticker:		Security ID:	SG1H95001506
Meeting Date:	JUL 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final Dividend of SGD 0.25 Per Share	For	For	Management
3	Reelect Brian Pitman as Director	For	For	Management
4a	Reelect Koh Boon Hwee as Director	For	For	Management
4b	Reelect Davinder Singh s/o Amar Singh as Director	For	For	Management
5a	Reelect Chia Pei-Yuan as Director	For	For	Management
5b	Reelect Stephen Lee Ching Yen as Director	For	For	Management
6	Approve Directors’ Fees of SGD 629,000	For	For	Management
7	Reappoint Ernst & Young as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
8a	Approve Issuance of Shares without Preemptive Rights	For	For	Management
8b	Approve Issuance of ASA Shares at an Issue Price of SGD 0.50 Per Share	For	For	Management
8c	Authorize Share Repurchase Program	For	For	Management
8d	Approve Issuance of Shares and Grant of Options Pursuant to the Employee Share Option Scheme	For	For	Management
8e	Approve Mandate for Transactions with Related Parties	For	For	Management
9	Other Business (Voting)	For	For	Management

SINGAPORE AIRLINES LIMITED

Ticker:		Security ID:	SG1H95001506
Meeting Date:	JUL 26, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final Dividend of SGD 0.09 Per Share	For	For	Management
3	Elect Brian Pitman as Director	For	For	Management
4a	Reelect Fock Siew Wah as Director	For	For	Management
4b	Reelect Ho Kwon Ping as Director	For	For	Management
5	Reelect Chew Choon Seng as Director	For	For	Management
6	Reappoint Ernst & Young as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Approve Directors’ Fees of SGD 571,000 for the Year Ended Mar. 31, 2003	For	For	Management
8	Other Business (Voting)	For	Against	Management

349

SINGAPORE AIRLINES LIMITED

Ticker:		Security ID:	SG1H95001506
Meeting Date:	JUL 26, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles of Association	For	For	Management
2	Approve Issuance of Shares without Preemptive Rights	For	For	Management
3	Authorize Share Repurchase Program	For	For	Management
4	Amend Employee Share Option Plan	For	Against	Management
5	Approve Mandate for Transactions with Related Parties	For	For	Management

SINGAPORE PRESS HOLDINGS LTD.

Ticker:		Security ID:	SG1G28865390
Meeting Date:	DEC 5, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final Dividend of SGD 0.50 Per Share, and a Special Dividend of SGD 0.30 Per Share	For	For	Management
3a	Reelect Lim Chin Beng as Director	For	For	Management
3b	Reelect Michael Fam Yue Onn as Director	For	For	Management
3c	Reelect Lee Ek Tieng as Director	For	For	Management
3d	Reelect Tang I-Fang as Director	For	For	Management
4	Reelect Ngiam Tong Dow as Director	For	For	Management
5a	Elect Philip Pillai as Director	For	For	Management
5b	Elect Sum Soon Lim as Director	For	For	Management
6	Approve Directors’ Fees of SGD 700,207	For	For	Management
7	Appoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
8	Other Business (Voting)	For	Against	Management
9a	Approve Issuance of Shares without Preemptive Rights	For	For	Management
9b	Approve Issuance of Shares and Grant of Options Pursuant to the Share Option Scheme	For	Against	Management
9c	Authorize Share Repurchase Program	For	For	Management

SINGAPORE PRESS HOLDINGS LTD.

Ticker:		Security ID:	SG1G28865390
Meeting Date:	MAY 7, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the Subdivision of Shares, the Reduction of Capital and the Cash Distribution to Shareholders	For	For	Management

350

SINGAPORE TECHNOLOGIES ENGINEERING

Ticker:		Security ID:	SG1F60858221
Meeting Date:	MAR 31, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorize Share Repurchase Program	For	For	Management
2	Approve Mandate for Transactions with Related Parties	For	For	Management

SINGAPORE TECHNOLOGIES ENGINEERING

Ticker:		Security ID:	SG1F60858221
Meeting Date:	MAR 31, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final Dividend and Special Tax Exempt Dividend	For	For	Management
3a	Reelect Koh Beng Seng as Director	For	For	Management
3b	Reelect Ng Yat Chung as Director	For	For	Management
3c	Reelect Tan Kim Siew as Director	For	For	Management
3d	Reelect Lui Pao Chuen as Director	For	For	Management
3e	Reelect Winston Tan Tien Hin as Director	For	For	Management
3f	Approve Retirement of Tan Guong Ching as Director	For	For	Management
4	Approve Directors’ Fees of SGD 361,959 for the Year Ended Dec. 31, 2003	For	For	Management
5	Reappoint Ernst & Young as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Other Business (Voting)	For	Against	Management
7	Approve Issuance of Shares without Preemptive Rights	For	For	Management
8	Approve Issuance of Shares and Grant of Options Pursuant to the Share Option Plan, Performance Share Plan and the Restricted Stock Plan	For	Against	Management

SINGAPORE TELECOMMUNICATIONS LTD.

Ticker:		Security ID:	SG1A62000819
Meeting Date:	JUL 29, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Reduction in Stated Capital and Share Premium Account	For	For	Management

SINGAPORE TELECOMMUNICATIONS LTD.

Ticker:		Security ID:	SG1A62000819
Meeting Date:	JUL 29, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Participation by the Relevant Person in the Performance Share Plan	For	Against	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles of Association	For	For	Management

351

SINGAPORE TELECOMMUNICATIONS LTD.

Ticker:		Security ID:	SG1A62000819
Meeting Date:	JUL 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final Dividend of SGD 0.064 Per Share	For	For	Management
3	Reelect Paul Chan Kwai Wah as Director	For	For	Management
4	Reelect John Powell Morschel as Director	For	For	Management
5	Reelect Chumpol NaLamlieng as Director	For	For	Management
6	Reelect Jackson Peter Tai as Director	For	For	Management
7	Reelect Graham John Bradley as Director	For	For	Management
8	Reelect Deepak Parekhas Director	For	For	Management
9	Approve Directors’ Fees of SGD 1.05 Million for the Year Ended Mar. 31, 2004	For	For	Management
10	Appoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
11	Approve Issuance of Shares without Preemptive Rights	For	For	Management
12	Approve Issuance of Shares and Grant of Options Pursuant to the Share Option Scheme 1999	For	For	Management
13	Approve Issuance of Shares and Grant of Options Pursuant to the Performance Share Plan	For	For	Management

SINGAPORE TELECOMMUNICATIONS LTD.

Ticker:		Security ID:	SG1A62000819
Meeting Date:	AUG 29, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Performance Share Plan	For	For	Management
2	Approve Performance Share Plan for Purposes of Exception to the Listing Rule of the Australian Stock Exchange	For	For	Management
3	Approve Issuance of Shares and Grant of Options Pursuant to the Performance Share Plan	For	For	Management
4	Authorize Share Repurchase Program	For	For	Management
5	Amend Articles of Association	For	For	Management
6	Approve Issuance of Shares without Preemptive Rights	For	For	Management

352

SINGAPORE TELECOMMUNICATIONS LTD.

Ticker:		Security ID:	SG1A62000819
Meeting Date:	AUG 29, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final Dividend of SGD 0.055 Per Share	For	For	Management
3	Reelect Lee Hsien Yang as Director	For	For	Management
4	Reelect Quek Poh Huat as Director	For	For	Management
5	Reelect Heng Swee Keat as Director	For	For	Management
6	Reelect Simon Israel as Director	For	For	Management
7	Reelect Tommy Koh as Director	For	For	Management
8	Approve Directors’ Fees of SGD 675,375 and SGD 855,375 for the Year Ended Mar. 31, 2003	For	For	Management
9	Appoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
10	Approve Issuance of Shares and Grant of Options Pursuant to the Share Option Scheme 1999	For	Against	Management

SINO LAND COMPANY

Ticker:		Security ID:	HK0083000502
Meeting Date:	NOV 18, 2003	Meeting Type:	Annual
Record Date:	NOV 13, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend	For	For	Management
3	Reelect Directors and Fix Their Remuneration	For	For	Management
4	Reappoint Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5a	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
5b	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
5c	Authorize Reissuance of Repurchased Shares	For	For	Management

SINOPEC SHANGHAI PETROCHEMICAL CO. (FORMERLY SHANGHAI PETROCHEMICAL CO LTD)

Ticker:	SHI	Security ID:	CN0008871674
Meeting Date:	NOV 21, 2003	Meeting Type:	Special
Record Date:	OCT 22, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Contract for Supply of Acrylonitrile Between Sinopec Shanghai Petrochemical Co. Ltd. and Shanghai Secco Petrochemical Co. Ltd.	For	For	Management
2	Approve Contract for Supply of Acrylonitrile Between Zhejiang Jinyong Acrylic Fiber Co. Ltd.	For	For	Management

353

SINOPEC SHANGHAI PETROCHEMICAL CO. (FORMERLY SHANGHAI PETROCHEMICAL CO LTD)

Ticker:	SHI	Security ID:	6797458
Meeting Date:	JUN 18, 2004	Meeting Type:	Annual
Record Date:	MAY 17, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Report of the Directors	For	For	Management
2	Approve Report of the Supervisory Committee	For	For	Management
3	Approve Financial Statements and 2004 Budget	For	For	Management
4	Approve Final Dividend	For	For	Management
5	Reappoint KPMG Huazhen and KPMG as Domestic and International Auditors Respectively and Authorize Board to Fix Their Remuneration	For	For	Management
6	Approve Resignation of Xu Kaicheng, Feng Jianping, Jiang Baoxing and Li Weichang as Directors and Elect Du Chongjun, Han Zhihao, Wu Haijun and Gao Jinping as Directors; Approve Resignation of Du Chongjun as Supervisor and Elect Dai Shuming as Supervisor	For	For	Management
7	Amend Articles Re: Voting and Resolutions at General Meetings, Compostion of Directors and Supervisory Committee, Nomination of Directors and Material Interest of Directors in Contracts Entered into by the Company	For	For	Management
8	Amend Articles Re: Board Composition	For	For	Management

SINOPEC YIZHENG CHEMICAL FIBRE CO. (FM.YIZHENG CHEM.FIBRE)

Ticker:		Security ID:	CN0008902438
Meeting Date:	DEC 27, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Agreement Re: the Purchase of Paraxylene from Sinopec Zhenhai Refining & Chemical Co. Ltd.	For	For	Management
2	Authorize Directors to Implement the Agreement and Seek the Relevant Waiver Application from the Stock Exchange of Hong Kong	For	For	Management

354

SINOTRANS LTD

Ticker:		Security ID:	CN0001729671
Meeting Date:	JUN 2, 2004	Meeting Type:	Annual
Record Date:	APR 30, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Report of Directors	For	For	Management
2	Approve Report of Supervisory Committee	For	For	Management
3	Accept Financial Statements and Report of Auditors	For	For	Management
4	Approve PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian CPAs Company Limited as International and Domestic Auditors, Respectively, and Authorize Board to Fix Their Remuneration	For	For	Management
5	Approve Matters Relating to Declaration, Payment and Recommendation of Interim Dividends for the Year 2004	For	For	Management
6	Approve Profit Distribution Plan and Final Dividend of RMB0.030	For	For	Management
7	Amend Articles Re: Scope of Business, Voting at General Meetings, Material Interest of Directors in Contracts Entered into by the Company	For	For	Management

SKANDIA FORSAKRINGS AB(SKANDIA GROUP INSURANCE COMPANY LTD)

Ticker:		Security ID:	SE0000113094
Meeting Date:	APR 15, 2004	Meeting Type:	Annual
Record Date:	APR 5, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Approve Agenda of Meeting	For	Did Not Vote	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
5	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive Financial Statements and Statutory Reports; Receive Board and Committee Reports	None	Did Not Vote	Management
8	Receive President’s Report	None	Did Not Vote	Management
9	Receive Auditor’s Report	None	Did Not Vote	Management
10	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
11	Approve Allocation of Income and Dividends of SEK 0.30 Per Share	For	Did Not Vote	Management
12	Approve Discharge of Board and President	For	Did Not Vote	Management
13	Approve Remuneration of Directors: SEK 1 Million for Chairman, SEK 600,000 for Vice Chairman and SEK 300,000 for Other Board Members; Additional Remuneration of SEK 1.5 Million for Chairman and Vice Chairman; SEK 700,000 Remuneration for Committee Work	For	Did Not Vote	Management
14	Determine Number of Members (7) and Deputy Members (0) of Board	For	Did Not Vote	Management
15	Reelect Karl-Olof Hammarkvist as Director; Elect Kajsa Lindstaahl and Anders Ullberg as New Directors	For	Did Not Vote	Management
16	Approve Remuneration of Auditors	For	Did Not Vote	Management
17	Ratify Goeran Engquist and Svante Forsberg (Deloitte & Touche) as Auditors	For	Did Not Vote	Management
18	Ratify Gunnar Abrahamsson and Hans Stenberg (Deloitte & Touche AB) as Deputy Auditors	For	Did Not Vote	Management
19.1	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management
19.2	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
20	Amend Articles Re: Reduce Directors’ Term of Office from 2 Years to 1 Year; Stipulate that One Director Be Elected by Swedish Financial Supervisory Authority; Authorize Company to Appoint One or Two Auditors (Audit Firm or Individual); Editorial Changes	For	Did Not Vote	Management
21.1	Shareholder Proposal: Enroll Policyholders of Skandia as Members of the Swedish Insurance Savings Policyholders’ Association	None	Did Not Vote	Shareholder
21.2	Shareholder Proposal: Disclose All Agreements Involving Directors; Cancel All Agreements with Directors Made Prior to AGM; Complement Skandia Investigation with Respect to Bengt Braun’s and Lars Ramqvist’s Liability	None	Did Not Vote	Shareholder
22	Close Meeting	None	Did Not Vote	Management

355

SKANDIA FORSAKRINGS AB(SKANDIA GROUP INSURANCE COMPANY LTD)

Ticker:		Security ID:	SE0000113094
Meeting Date:	JAN 28, 2004	Meeting Type:	Special
Record Date:	JAN 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Approve Agenda of Meeting	For	Did Not Vote	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
5	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Determine Number of Members (6) and Deputy Members (0) of Board	For	Did Not Vote	Management
8	Reelect Bjoern Bjoernsson and Eero Helioevaara as Directors; Elect Karl-Olof Hammarkvist, Lennart Jeansson, Birgitta Johansson-Hedberg, and Christoffer Taxell as Directors	For	Did Not Vote	Management
9	Ratify Bertel Enlund (Ernst & Young) as Auditor	For	Did Not Vote	Management
10	Close Meeting	None	Did Not Vote	Management

356

SKANDINAVISKA ENSKILDA BANKEN (SKANDINAVIA ENSKILDA BANK)

Ticker:		Security ID:	SE0000148884
Meeting Date:	APR 1, 2004	Meeting Type:	Annual
Record Date:	MAR 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
8	Receive Board Report	None	Did Not Vote	Management
9	Receive President’s Report	None	Did Not Vote	Management
10	Receive Information about Remuneration and Stock Option Plan for Key Personnel	None	Did Not Vote	Management
11	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
12	Approve Allocation of Income and Dividends of SEK 4 Per Share	For	Did Not Vote	Management
13	Approve Discharge of Board and President	For	Did Not Vote	Management
14	Determine Number of Members (10) and Deputy Members (0) of Board	For	Did Not Vote	Management
15	Determine Number of Auditors (1) and Deputy Auditors (0)	For	Did Not Vote	Management
16	Approve Remuneration of Directors in the Aggregate Amount of SEK 5.5 Million; Approve Remuneration of Auditors	For	Did Not Vote	Management
17	Reelect Jacob Wallenberg, Penny Hughes, Urban Jansson, Tuve Johannesson, Hans-Joachim Koerber, Carl Wilhelm Ros, Lars Thunell, Marcus Wallenberg, and Goesta Wiking as Directors; Elect Jesper Ovesen as New Director	For	Did Not Vote	Management
18	Ratify PricewaterhouseCoopers as Auditors	For	Did Not Vote	Management
19.1	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management
19.2	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
20	Approve Stock Option Plan for Key Employees	For	Did Not Vote	Management
21.1	Authorize Repurchase of Up to Three Percent of Issued Share Capital for Equity Trading Purposes	For	Did Not Vote	Management
21.2	Authorize Repurchase of Up to 6.2 Million Issued Shares and Authorize Reissuance of Up to 19.4 Million Repurchased Shares in Connection with Stock Option Plan	For	Did Not Vote	Management
21.3	Approve Use of 6.2 Million Repurchased Shares for Stock Option Plan	For	Did Not Vote	Management
21.4	Authorize Repurchase of Up to Three Percent of Issued Share Capital to Improve Capital Structure	For	Did Not Vote	Management
22	Ratify Auditors for Foundations Administered by Bank	For	Did Not Vote	Management
23	Close Meeting	None	Did Not Vote	Management

357

SKANSKA AB

Ticker:		Security ID:	SE0000113250
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	MAR 19, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive Chairman’s and President’s Reports	None	Did Not Vote	Management
8	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
9	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
10	Approve Allocation of Income and Dividends of SEK 3 Per Share	For	Did Not Vote	Management
11	Approve Discharge of Board and President	For	Did Not Vote	Management
12	Determine Number of Members (9) and Deputy Members (0) of Board	For	Did Not Vote	Management
13	Approve Remuneration of Directors in the Aggregate Amount of SEK 3.5 Million; Approve Aggregate Remuneration of SEK 500,000 for Committee Work; Approve Remuneration of Auditors	For	Did Not Vote	Management
14.1	Reelect Roger Flanagan, Ulrika Francke, Jane Garvey, Stuart Graham, Soeren Gyll, Finn Johnsson, Sverker Martin-Loef, Arne Maartensson, and Ander Nyren as Directors	For	Did Not Vote	Management
14.2	Shareholder Proposal: Elect Lena Nyberg as New Director	Against	Did Not Vote	Shareholder
15.1	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management
15.2	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
16	Shareholder Proposal: Request that AGM be Held Alternatively in Gothenburg, Malmoe, and Stockholm	None	Did Not Vote	Shareholder
17	Shareholder Proposal: Request CEO to Present Plan Explaining How Skanska will Become a Leading Construction Company By July 1, 2004	None	Did Not Vote	Shareholder
18	Close Meeting	None	Did Not Vote	Management

358

SKF AB

Ticker:	SKFRF	Security ID:	SE0000108227
Meeting Date:	APR 20, 2004	Meeting Type:	Annual
Record Date:	APR 8, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive Financial Statements and Statutory Reports; Receive Board and Committee Reports	None	Did Not Vote	Management
8	Receive President’s Report	None	Did Not Vote	Management
9	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
10	Approve Allocation of Income and Dividends of SEK 10 Per Share	For	Did Not Vote	Management
11	Approve Discharge of Board and President	For	Did Not Vote	Management
12	Determine Number of Members (8) and Deputy Members (0) of Board	For	Did Not Vote	Management
13	Approve Remuneration of Directors in the Aggregate Amount of SEK 2.4 Million; Authorize Directors to Receive Cash Value Equivalent of Market Value of 300 Class B Shares Each (800 For Chairman); Approve Remuneration of SEK 150,000 for Committee Work	For	Did Not Vote	Management
14	Approve Remuneration of Auditors	For	Did Not Vote	Management
15	Reelect Anders Scharp, Soeren Gyll, Vito Baumgartner, Ulla Litzen, Philip Green, Clas Aake Hedstroem, and Tom Johnstone as Directors; Elect Winnie Kin Wah Fok as New Director	For	Did Not Vote	Management
16.1	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
16.2	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management

359

SKYLARK CO. LTD.

Ticker:		Security ID:	JP3396200002
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 10, Final JY 10, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Merger Agreement with Jonathan’s Co. Ltd.	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management

SMC CORP.

Ticker:		Security ID:	JP3162600005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 19, Final JY 19, Special JY 10	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
3.18	Elect Director	For	For	Management
3.19	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management
6	Appoint External Auditor	For	For	Management

360

SMITH & NEPHEW PLC

Ticker:	SNN	Security ID:	GB0009223206
Meeting Date:	MAY 6, 2004	Meeting Type:	Annual
Record Date:

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

361

SMITHS GROUP PLC (FORMERLY SMITHS INDUSTRIES PLC)

Ticker:		Security ID:	GB0008182700
Meeting Date:	NOV 11, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 17.25 Pence Per Share	For	For	Management
4	Reelect K Butler-Wheelhouse as Director	For	For	Management
5	Reelect J Ferrie as Director	For	For	Management
6	Reelect J Horn-Smith as Director	For	For	Management
7	Ratify PricewaterhouseCoopers LLP as Auditors	For	For	Management
8	Authorize Board to Fix Remuneration of Auditors	For	For	Management
9	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 46,629,434	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 6,994,415	For	For	Management
11	Authorize 55,955,321 Shares for Share Repurchase Program	For	For	Management

SNAM RETE GAS

Ticker:		Security ID:	IT0003153415
Meeting Date:	APR 27, 2004	Meeting Type:	Annual/Special
Record Date:	APR 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management
1	Accept Financial Statements, Consolidated Accounts, and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Distribution of Dividends	For	For	Management
3	Fix Number of Directors on the Board; Elect Directors; Determine Directors’ Term and Remuneration	For	For	Management
4	Elect Chairman of the Board of Directors	For	For	Management
5	Appoint Internal Statutory Auditors; Approve Remuneration of Auditors	For	For	Management
6	Elect External Auditors For The Three-Year term 2004-2006 and Fix Remuneration of Auditors	For	For	Management
7	Amend Rules Governing General Meetings	For	For	Management

362

SNIA SPA (FORMERLY SNIA BDP)

Ticker:		Security ID:	IT0001495271
Meeting Date:	JUN 28, 2004	Meeting Type:	Annual/Special
Record Date:	JUN 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports; Propose Measures to Cover Losses	For	For	Management
2	Elect External Auditors For The Three-Year Term 2004-2006, and Fix Remuneration of Auditors	For	For	Management
3	Fix Number of Directors on the Board; Elect Directors; Determine Directors’ Remuneration	For	For	Management
1	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management
2	Decisions Inherent to the Cancellation of the Re-Valuation Reserve in Amount of EUR 13.99 Million	For	For	Management

SOCIEDAD GENERAL DE AGUAS DE BARCELONA

Ticker:		Security ID:	ES0141330C19
Meeting Date:	MAY 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Individual and Consolidated Financial Statements and Statutory Reports, and Discharge Directors	For	For	Management
2	Approve Allocation of Income and Dividends of EUR 0.3182 Per Share	For	For	Management
3	Fix Number of and Elect Members to Management Board	For	For	Management
4	Reelect Deloitte and Touche Espana S.L. as Auditor	For	For	Management
5	Amend Articles Re: ‘Registry of Compensation and Stock Trade Institution’ and Shareholder Information Rights	For	For	Management
6	Approve General Meeting Guidelines	For	For	Management
7	Accept Report: Board of Directors’ Guidelines	For	For	Management
8	Authorize Repurchase of Shares	For	For	Management
9	Approve Reduction in Share Capital Via Cancellation of 300,000 Class B Shares Remaining From May 2001 Stock Option Plan	For	For	Management
10	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

363

SOCIETE BIC

Ticker:		Security ID:	FR0000120966
Meeting Date:	JUN 3, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Discharge Directors	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 1.20 per Share	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Approve Remuneration of Directors in the Aggregate Amount of EUR 124,000	For	For	Management
6	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
7	Reelect Bruno Bich as Director	For	Against	Management
8	Reelect Mario Guevara as Director	For	Against	Management
9	Reelect Gilles Pelisson as Director	For	Against	Management
10	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
11	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 50 Million	For	For	Management
12	Authorize Issuance of Equity or Equity-Linked Securities or Warrants without Preemptive Rights up to Aggregate Nominal Amount of EUR 50 Million	For	For	Management
13	Allow Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	Against	Management
14	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
15	Authorize Filing of Required Documents/Other Formalities	For	For	Management

SOCIETE GENERALE

Ticker:	SCGLY	Security ID:	FR0000130809
Meeting Date:	APR 12, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Dividends of EUR 3.75 per Share	For	For	Management
3	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Ratify Appointment of Jean Azema as Director	For	For	Management
6	Reelect Philippe Citerne as Director	For	For	Management
7	Reelect Antoine Jeancourt Galignani as Director	For	For	Management
8	Reelect Euan Baird as Director	For	For	Management
9	Reelect Michel Cicurel as Director	For	For	Management
10	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
11	Amend Articles of Association to Reflect 2003 Legal Changes Re: Internal Control Measures and Role of Chairman	For	For	Management
12	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 900 Million	For	For	Management
13	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 300 Million	For	Against	Management
14	Allow Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer, Subject to Certain Conditions	For	Against	Management
15	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
16	Approve Stock Option Plan Grants	For	For	Management
17	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
18	Authorize Filing of Required Documents/Other Formalities	For	For	Management

364

SODEXHO ALLIANCE SA

Ticker:		Security ID:	7062713
Meeting Date:	FEB 3, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Consolidated Financial Statements, and Discharge Directors	For	For	Management
2	Approve Allocation of Income and Dividends of EUR 0.915 per Share	For	For	Management
3	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
4	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
5	Reelect Pierre Bellon as Director	For	Against	Management
6	Reelect Remi Baudin as Director	For	Against	Management
7	Reelect Astrid Bellon as Director	For	For	Management
8	Reelect Francois-Xavier Bellon as Director	For	For	Management
9	Reelect Sophie Clamens as Director	For	For	Management
10	Reelect Nathalie Szabo as Director	For	For	Management
11	Approve Remuneration of Directors in the Aggregate Amount of EUR 300,000	For	For	Management
12	Authorize Issuance of Bonds/Debentures	For	For	Management
13	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 63 Million	For	For	Management
14	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 63 Million	For	For	Management
15	Approve Stock Option Plan Grants	For	Against	Management
16	Authorize Board to Increase Capital to Service Company Savings-Related Share Purchase Plan	For	For	Management
17	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
A	Shareholder Proposal: Decrease Tenure Requirement for Double Voting Rights from Four to Two Years	Against	Against	Shareholder
19	Authorize Filing of Required Documents/Other Formalities	For	For	Management

365

SOFTBANK CORP

Ticker:		Security ID:	JP3436100006
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 7, Special JY 0	For	For	Management
2	Amend Articles to: Change Location of Head Office - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management

SOLVAY S.A.

Ticker:		Security ID:	BE0003470755
Meeting Date:	JUN 3, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Directors’ and Auditors’ Reports	None	None	Management
2	Approve Financial Statements, Allocation of Income, and Dividends in the Amount of EUR 2.40 Per Share	For	For	Management
3	Approve Discharge of Directors and Auditors	For	For	Management
4.1	Reelect Daniel Jansen, Dene Degreve, Jurgen Ernst and Jean van Zeebroeck as Directors	For	For	Management
4.2	Confirm Jean van Zeebroeck as Independent Director in Accordance with the Requirements of the Belgian Companies Code	For	Against	Management
5.1	Ratify Deloitte & Touche (Represented by Michel Denayer) as Auditors	For	For	Management
5.2	Approve Remuneration of Auditors in the Amount of EUR 324,000	For	For	Management
5.3	Ratify Deloitte & Touche (Represented by Ludo De Keulenaer) as Substitute External Auditors	For	For	Management
6	Transact Other Business	None	None	Management

366

SOMPO JAPAN INSURANCE INC. (FORMERLY YASUDA FIRE & MARINE IN

Ticker:		Security ID:	JP3932400009
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

SONIC HEALTHCARE LIMITED

Ticker:		Security ID:	AU000000SHL7
Meeting Date:	NOV 27, 2003	Meeting Type:	Annual
Record Date:	NOV 25, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect B Patterson as Director	For	For	Management
2	Elect C Jackson as Director	For	Against	Management
3	Elect M Robinson as Director	For	For	Management
4	Renewal of Approval of Employee Option Plan	For	For	Management
5	Approve Amendments to Executive Options Issued to C Goldschmidt	For	For	Management
6	Approve Amendments to Executive Options Issued to C Wilks	For	For	Management
7	Renew Partial Takeover Provision	For	For	Management

367

SONY CORP.

Ticker:	SNE	Security ID:	JP3435000009
Meeting Date:	JUN 22, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
2.1	Elect Director	For	For	Management
2.2	Elect Director	For	For	Management
2.3	Elect Director	For	For	Management
2.4	Elect Director	For	For	Management
2.5	Elect Director	For	For	Management
2.6	Elect Director	For	For	Management
2.7	Elect Director	For	For	Management
2.8	Elect Director	For	For	Management
2.9	Elect Director	For	For	Management
2.10	Elect Director	For	For	Management
2.11	Elect Director	For	For	Management
2.12	Elect Director	For	For	Management
2.13	Elect Director	For	For	Management
2.14	Elect Director	For	For	Management
2.15	Elect Director	For	For	Management
2.16	Elect Director	For	For	Management
3	Approve Executive Stock Option Plan	For	For	Management
4	Approve Stock Option Plan for Directors and Executives of Subsidiary Sony Communication Network	For	For	Management
5	Amend Articles to Require Disclosure of Compensation Levels of Individual Directors and Executive Officers	Against	Against	Shareholder

SORIN SPA, MILANO

Ticker:		Security ID:	IT0003544431
Meeting Date:	JUN 30, 2004	Meeting Type:	Special
Record Date:	JUN 25, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Increase in Share Capital in the Order of EUR 10.60 Million Pursuant to Share Option Scheme In Favor of Directors and Employees; Amend Article 5 of the Bylaws Accordingly	For	Did Not Vote	Management
1	Approve Directors, Auditors, and Managers Indemnification/Liability Provisions	For	Did Not Vote	Management

368

SOUTHCORP HOLDINGS LTD.

Ticker:		Security ID:	AU000000SRP7
Meeting Date:	OCT 14, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Elect T P Burnet as Director	For	For	Management
2b	Elect J W Murphy as Director	For	For	Management
2c	Elect E J J Pope as Director	For	For	Management
3	Elect R I Oatley as Director	For	For	Management
4a	Approve Issuance of Options to J C Ballard	For	For	Management
4b	Approve the Company Entering into the Managing Director Share Option Deed with J C Ballard	For	For	Management
5a	Approve the Allotment of Shares to T P Burnet on the Exercise of Options Previously Granted	For	For	Management
5b	Approve the Grant of Options to R P Burnet	For	For	Management
5c	Approve the Company Entering into the Executive Director Share Option Deed with T P Burnet	For	For	Management

SSAB SWEDISH STEEL

Ticker:		Security ID:	4847195
Meeting Date:	APR 21, 2004	Meeting Type:	Annual
Record Date:	APR 8, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Approve Agenda of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
5	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements and Statutory Reports; Receive Chairman’s and President’s Reports	None	Did Not Vote	Management
7.1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
7.2	Approve Allocation of Income and Dividends of SEK 6 Per Share	For	Did Not Vote	Management
7.3	Approve Record Date (April 26, 2004) for Dividend	For	Did Not Vote	Management
7.4	Approve Discharge of Board and President	For	Did Not Vote	Management
8	Determine Number of Members (8) and Deputy Members (0) of Board	For	Did Not Vote	Management
9	Approve Remuneration of Directors in the Aggregate Amount of SEK 2.1 Million; Approve Remuneration of Auditors	For	Did Not Vote	Management
10	Reelect Anders Carlberg, Per-Olof Eriksson, Sverker Martin-Loef, Marianne Nivert, Anders Nyren, and Anders Ullberg as Directors; Elect Carl Bennet and Matti Sundberg as New Directors	For	Did Not Vote	Management
11.1	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management
11.2	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
12	Shareholder Proposal: Authorize Board to Establish an Audit Committee	Against	Did Not Vote	Shareholder

369

STANLEY ELECTRIC CO. LTD.

Ticker:		Security ID:	JP3399400005
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 7, Final JY 7, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Share Trading Unit - Reduce Directors Term in Office - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
4	Approve Retirement Bonus for Director	For	For	Management

STATOIL ASA

Ticker:		Security ID:	NO0010096985
Meeting Date:	MAY 5, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2	Prepare List of Shareholders	None	None	Management
3	Elect Chairman of Meeting	For	For	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	For	Management
5	Approve Notice of Meeting and Agenda	For	For	Management
6	Approve Financial Statements, Allocation of Income and Dividends of NOK 2.95 Per Share	For	For	Management
7	Approve Remuneration of Auditors	For	For	Management
8	Approve Remuneration of Members of Corporate Assembly	For	For	Management
9	Approve Remuneration of Members of Election Committee	For	For	Management
10	Elect Members and Deputy Members of Corporate Assembly	For	For	Management
11	Elect Members of Election Committee	For	For	Management
12	Authorize Repurchase of Issued Shares Up to NOK 10 Million Nominal Value for Employee Share Investment Plan	For	For	Management

370

STMICROELECTRONICS N.V.

Ticker:	STM	Security ID:	NL0000226223
Meeting Date:	APR 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2	Receive Report of Management Board	None	None	Management
3	Receive Report of Supervisory Board	None	None	Management
4	Approve Financial Statements and Statutory Reports	For	For	Management
5	Approve Discharge of Management Board	For	For	Management
6	Approve Discharge of Supervisory Board	For	For	Management
7	Approve Dividend of $0.12 Per Ordinary Share	For	For	Management
8	Elect Gerald Arbola as New Member of Supervisory Board	For	For	Management
9	Elect Didier Lombard as New Member of Supervisory Board	For	For	Management
10	Approve Remuneration of Supervisory Board	For	For	Management
11	Approve Employee Stock Purchase Plan	For	For	Management
12	Grant Supervisory Board Authority for Five Years to Issue All Authorized but Unissued Shares Restricting/Excluding Preemptive Rights	For	Against	Management
13	Lower Quorum Requirement for General Meeting from One-Third to 15 Percent of Issued Share Capital	For	Against	Management
14	Amend Articles to Reflect Lowering of Quorum Requirement (Item 13)	For	Against	Management
15	Approve Company’s Corporate Governance Policy	For	For	Management
16	Allow Questions	None	None	Management
17	Close Meeting	None	None	Management

STOCKLAND CORPORATION LTD.(TRUST GROUP)

Ticker:		Security ID:	AU000000SGP0
Meeting Date:	OCT 20, 2003	Meeting Type:	Annual
Record Date:	OCT 17, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	None	None	Management
2	Elect T W Williamson as Director	For	For	Management
3	Elect M J Quinn as Director	For	For	Management
4	Elect D J Fairfull as Director	For	For	Management
5	Approve Increase In Aggregate Remuneration of Directors in the Amount of AUD 950,000 Per Annum From AUD 600,000	For	For	Management
6	Approve Issuance of 60 Million Stapled Securities at AUD 4.75 Per Stapled Security on Apr. 8, 2003 for a Private Placement	For	For	Management
7	Approve Issuance of Approximately 228 Million Stapled Securities at AUD 5.01 Per Stapled Security from June 12 to July 24, 2003 Pursuant to a Takeover Bid for AMP Diversified Property Trust	For	For	Management

371

STORA ENSO OYJ (FORMERLY ENSO OY)

Ticker:		Security ID:	FI0009005961
Meeting Date:	MAR 18, 2004	Meeting Type:	Annual
Record Date:	MAR 8, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements	None	None	Management
1.2	Receive Auditors’ Report	None	None	Management
1.3	Accept Financial Statements and Statutory Reports	For	For	Management
1.4	Approve Allocation of Income and Dividends of EUR 0.45 Per Share	For	For	Management
1.5	Approve Discharge of Board and President	For	For	Management
1.6	Fix Number of Directors at 11	For	For	Management
1.7	Fix Number of Auditors	For	For	Management
1.8	Approve Remuneration of Directors and Auditors	For	For	Management
1.9	Reelect Krister Ahlstroem, Claes Dahlbaeck, Harald Einsmann, Bjoern Haegglund, Jukka Haermaelae, Barbara Kux, Ilkka Niemi, Paavo Pitkaenen, Jan Sjoeqvist, and Marcus Wallenberg; Elect Lee Chaden as New Director	For	For	Management
1.10	Ratify PricewaterhouseCoopers as Auditors	For	For	Management
2	Approve EUR 76.3 Million Reduction in Share Capital via Share Cancellation	For	For	Management
3	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	For	Management
4	Authorize Reissuance of Repurchased Shares	For	For	Management

SUEZ SA(FORMERLY SUEZ LYONNAISE DES EAUX)

Ticker:		Security ID:	FR0000120529
Meeting Date:	APR 20, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Approve Treatment of Losses and Dividends of EUR 1.065 per Share	For	For	Management
3	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
4	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
5	Reelect Gerhard Cromme as Director	For	For	Management
6	Reelect Etienne Davignon as Director	For	For	Management
7	Reelect Albert Frere as Director	For	For	Management
8	Reelect Jean Peyrelevade as Director	For	For	Management
9	Reelect Edmond Alphandery as Director	For	For	Management
10	Elect Rene Carron as Director	For	For	Management
11	Elect Thierry Rudder as Director	For	For	Management
12	Authorize Repurchase of Up to Ten Percent of Issued Share Capital and Reissuance of Repurchased Shares	For	For	Management
13	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 700 Million	For	For	Management
14	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 700 Million	For	For	Management
15	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
16	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
17	Approve Issuance of Up to 15 Million Shares to Spring Multiple 2004 SCA in Connection with Share Purchase Plan for Employees of International Subsidiaries	For	For	Management
18	Approve Stock Option Plan Grants	For	Against	Management
19	Authorize Filing of Required Documents/Other Formalities	For	For	Management

372

SULZER AG

Ticker:		Security ID:	CH0002376454
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Dividends of CHF 6.00 per Share	For	For	Management
3	Approve Discharge of Board and Senior Management	For	For	Management
4	Reelect Louis Hughes and Hans Lienhard as Directors; Elect Luciano Respini as Director	For	For	Management
5	Ratify PricewaterhouseCoopers AG as Auditors	For	For	Management

SUMITOMO BAKELITE CO. LTD.

Ticker:		Security ID:	JP3409400003
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

373

SUMITOMO CHEMICAL CO. LTD.

Ticker:		Security ID:	JP3401400001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	Did Not Vote	Management
2	Amend Articles to: Change Location of Head Office - Change Company Name - Authorize Share Repurchases at Board’s Discretion	For	Did Not Vote	Management
3.1	Elect Director	For	Did Not Vote	Management
3.2	Elect Director	For	Did Not Vote	Management
3.3	Elect Director	For	Did Not Vote	Management
3.4	Elect Director	For	Did Not Vote	Management
3.5	Elect Director	For	Did Not Vote	Management
3.6	Elect Director	For	Did Not Vote	Management
3.7	Elect Director	For	Did Not Vote	Management
3.8	Elect Director	For	Did Not Vote	Management
3.9	Elect Director	For	Did Not Vote	Management
4	Approvre Retirement Bonuses for Directors and Special Payments to Continuing Directors and Statutory Auditors in Connection with the Abolition of Retirement Bonus System	For	Did Not Vote	Management

374

SUMITOMO CORP.

Ticker:		Security ID:	6858946
Meeting Date:	JUN 22, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

SUMITOMO ELECTRIC INDUSTRIES LTD.

Ticker:		Security ID:	JP3407400005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

375

SUMITOMO METAL INDUSTRIES LTD.

Ticker:		Security ID:	JP3402200004
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 1.5, Special JY 0	For	For	Management
2	Amend Articles to: Abolish Retirement Bonus System	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Special Bonus for Family of Deceased Statutory Auditor	For	For	Management
6	Approve Payments to Continuing Directors and Statutory Auditors in Connection with Abolition of Retirement Bonus System	For	For	Management

SUMITOMO METAL MINING CO. LTD.

Ticker:		Security ID:	JP3402600005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 6, Special JY 0	For	For	Management
2	Amend Articles to: Clarify Director Authorities in Connection with Introdution of Executive Officer System - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Special Bonus for Family of Deceased Director and Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

376

SUMITOMO MITSUI FINANCIAL GROUP INC.

Ticker:		Security ID:	JP3890350006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends on Ordinary Shares: Interim JY 0, Final JY 3000, Special JY 0	For	For	Management
2	Amend Articles to: Decrease Authorized Preferred Share Capital to Reflect Conversion of Preferred to Ordinary Shares - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

SUMITOMO REALTY & DEVELOPMENT CO. LTD.

Ticker:		Security ID:	JP3409000001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 9, Special JY 0	For	For	Management
2	Approve Introduction of New Compensation System for Directors Tied to Company Performance	For	For	Management
3	Approve Special Payments to Directors in Connection with Abolition of Retirement Bonus System	For	For	Management
4	Amend Articles to: Abolish Retirement Bonus System	For	For	Management

SUMITOMO TRUST & BANKING CO. LTD.

Ticker:		Security ID:	6859002
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends on Ordinary Shares: Interim JY 0, Final JY 6, Special JY 0	For	For	Management
2	Amend Articles to: Decrease Authorized Preferred Share Capital to Reflect Conversion of Preferred to Ordinary Shares - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

377

SUN HUNG KAI PROPERTIES LTD.

Ticker:		Security ID:	HK0016000132
Meeting Date:	NOV 18, 2003	Meeting Type:	Annual
Record Date:	NOV 10, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend	For	For	Management
3	Reelect Directors and Fix Their Remuneration	For	For	Management
4	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
7	Authorize Reissuance of Repurchased Shares	For	For	Management
8	Other Business (Voting)	For	Against	Management

SUNCORP-METWAY LIMITED (FORMERLY METWAY LTD.)

Ticker:		Security ID:	AU000000SUN6
Meeting Date:	OCT 29, 2003	Meeting Type:	Annual
Record Date:	OCT 27, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Elect I D Blackburne as Director	For	For	Management
2b	Elect J J Kennedy as Director	For	For	Management
2c	Elect W J Bartlett as Director	For	For	Management
2d	Elect C Skilton as Director	For	For	Management
3	Approve Suncorp Metway Dividend Reinvestment Plan	For	For	Management

378

SURGUTNEFTEGAZ AO

Ticker:		Security ID:	868861204
Meeting Date:	MAR 20, 2004	Meeting Type:	Annual
Record Date:	FEB 9, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	APPROVAL OF OJSC SURGUTNEFTEGAZ ANNUAL REPORT ON RESULTS OF BUSINESS ACTIVITY FOR 2003	For	For	Management
2	APPROVAL OF THE ANNUAL ACCOUNTING STATEMENTS OF OJSC SURGUTNEFTEGAZ INCLUDING PROFIT AND LOSS STATEMENTS FOR 2003	For	For	Management
3	DISTRIBUTION OF PROFIT (LOSS) OF OJSC SURGUTNEFTEGAZ FOR 2003, INCLUDING THE DIVIDEND PAYMENT (DECLARATION), APPROVAL OF THE SIZE, OF THE FORM, OF THE SCHEDULE OF DIVIDEND PAYMENT ON SHARES OF EACH CATEGORY (TYPE)	For	For	Management
4.1	Elect Director S.A. Ananiev	For	For	Management
4.2	Elect Director V.L. Bogdanov	For	For	Management
4.3	Elect Director A.N. Bulanov	For	For	Management
4.4	Elect Director I.N. Gorbunov	For	For	Management
4.5	Elect Director N.I. Matveev	For	For	Management
4.6	Elect Director N.Y. Medvedev	For	For	Management
4.7	Elect Director B.Y. Mugu	For	For	Management
4.8	Elect Director A.F. Rezyapov	For	For	Management
4.9	Elect Director I.S. Usmanov	For	For	Management
4.10	Elect Director A.V. Ussoltsev	For	For	Management
5	ELECTING MEMBER OF OJSC SURGUTNEFTEGAZ AUDITING COMMITTEE. BELOUSOVA TATYANA MIKHAILOVNA	For	For	Management
6	ELECTING MEMBER OF OJSC SURGUTNEFTEGAZ AUDITING COMMITTEE. KOMAROVA VALENTINA PANTELEEVNA	For	For	Management
7	ELECTING MEMBER OF OJSC SURGUTNEFTEGAZ AUDITING COMMITTEE. OLEYNIK TAMARA FEDORORVA	For	For	Management
8	APPROVAL OF THE AUDIT OF OJSC SURGUTNEFTEGAZ FOR 2003.	For	For	Management
9	APPROVAL OF TRANSACTIONS WITH AN INTERESTED PARTY, WHICH MAY BE CONDUCTED BY OJSC SURGUTNEFTEGAF IN THE COURSE OF GENERAL BUSINESS ACTIVITY	For	Against	Management

SVENSKA CELLULOSA AB (SCA)

Ticker:	SCAPY	Security ID:	SE0000112724
Meeting Date:	APR 1, 2004	Meeting Type:	Annual
Record Date:	MAR 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
3	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
4	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
5	Approve Agenda of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
7.1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
7.2	Approve Allocation of Income and Dividends of SEK 10.50 Per Share	For	Did Not Vote	Management
7.3	Approve Discharge of Board and President	For	Did Not Vote	Management
8	Determine Number of Members (7) and Deputy Members (0) of Board; Approve Remuneration of Directors in the Aggregate Amount of SEK 3.1 Million	For	Did Not Vote	Management
9	Reelect Rolf Boerjesson, Soeren Gyll, Tom Hedelius, Sverker Martin-Loef, Anders Nyren, Indra Aasander, and Jan Aastroem as Directors	For	Did Not Vote	Management
10	Determine Number of Auditors (1) and Deputy Auditors (0); Approve Remuneration of Auditors	For	Did Not Vote	Management
11	Ratify PricewaterhouseCoopers AB as Auditors	For	Did Not Vote	Management
12	Authorize Repurchase of Up to Ten Percent of Issued Share Capital; Authorize Reissuance of Repurchased Shares	For	Did Not Vote	Management
13.1	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management
13.2	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
13.3	Shareholder Proposal: Authorize Board to Establish an Audit Committee	Against	Did Not Vote	Shareholder

379

SVENSKA HANDELSBANKEN

Ticker:		Security ID:	SE0000193120
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:	APR 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
3	Approve Agenda of Meeting	For	Did Not Vote	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
5	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements and Statutory Reports; Receive Board and Committee Reports; Receive Report Concerning Audit and Non-Audit Fees	None	Did Not Vote	Management
7	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
8	Approve Discharge of Board and President	For	Did Not Vote	Management
9	Approve Allocation of Income and Dividends of SEK 5.25 Per Share	For	Did Not Vote	Management
10	Authorize Repurchase of Up to 40 Million Issued Class A or B Shares; Authorize Reissuance of Repurchased Shares	For	Did Not Vote	Management
11	Authorize Repurchase of Up to Two Percent of Issued Share Capital for Trading Purposes	For	Did Not Vote	Management
12	Approve SEK 85.4 Million Reduction in Share Capital via Share Cancellation	For	Did Not Vote	Management
13	Authorize Capitalization of Reserves of SEK 104 Million for an Increase in Par Value From SEK 4 to SEK 4.25 Per Share to Facilitate Capital Reduction (Item 12)	For	Did Not Vote	Management
14	Amend Articles to Reflect Changes in Capital (Item 13)	For	Did Not Vote	Management
15	Determine Number of Members (13) and Deputy Members (0) of Board	For	Did Not Vote	Management
16	Determine Number of Auditors (2) and Deputy Auditors (0)	For	Did Not Vote	Management
17	Approve Remuneration of Directors in the Aggregate Amount of SEK 5.6 Million; Approve Remuneration of Auditors	For	Did Not Vote	Management
18	Reelect Alitalo, Bylund, Baksaas, Ennerfelt, Groenstedt, Hjelmquist, Larsson, Lundberg, Martin-Loef, Maartensson, and Nyren as Directors; Elect Bente Rathe and Ulrika Boethius as New Directors	For	Did Not Vote	Management
19	Ratify KPMG Bohlins AB and Ernst & Young AB as Auditors	For	Did Not Vote	Management
20.1	Authorize Chairman of Board to Appoint Four Representatives of Company’s Largest Shareholders to Serve on Nominating Committee	For	Did Not Vote	Management
20.2	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
21	Shareholder Proposal: Question to Board Concerning Absence of Policy on Human Rights	None	Did Not Vote	Shareholder
22	Shareholder Proposal: Require Company to Adhere to the following Legislation: SFS 1999:268 (Credit Transfers within the EU) and SFS 2002:598 (Regulation on Cross-Border Payments in Euro)	None	Did Not Vote	Shareholder

380

SWATCH GROUP (FORMERLY SMH SCHWEIZERISCHE GESELLSCHAFT)

Ticker:		Security ID:	CH0012255144
Meeting Date:	MAY 27, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Discharge of Board and Senior Management	For	For	Management
3	Approve Allocation of Income and Dividends of CHF 0.29 per Registered Share and CHF 1.45 per Bearer Share	For	Against	Management
4	Reelect Esther Grether, Nayla Hayek, Peter Baumberger, Peter Gross, Nicolas Hayek, Johann Schneider-Ammann, and Ernst Tanner as Directors	For	For	Management
5	Ratify PricewaterhouseCoopers Ltd as Auditors	For	For	Management

381

SWEDISH MATCH AB

Ticker:	SWMAY	Security ID:	SE0000310336
Meeting Date:	APR 26, 2004	Meeting Type:	Annual
Record Date:	APR 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
3	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
4	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
5	Approve Agenda of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements and Statutory Reports; Receive Committee Reports	None	Did Not Vote	Management
7	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
8	Approve Allocation of Income and Dividends of SEK 1.70 Per Share	For	Did Not Vote	Management
9	Approve Stock Option Plan for Key Employees	For	Did Not Vote	Management
10	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	Did Not Vote	Management
11	Approve Reissuance of 1.2 Million Repurchased Shares for 2003 Stock Option Plan	For	Did Not Vote	Management
12	Approve SEK 36 Million Reduction in Share Capital via Share Cancellation	For	Did Not Vote	Management
13	Approve Discharge of Board and President	For	Did Not Vote	Management
14	Determine Number of Members (6) and Deputy Members (0) of Board	For	Did Not Vote	Management
15	Approve Remuneration of Directors in the Amount of SEK 700,000 for Chairman and SEK 300,000 for Other Board Members; Approve Remuneration of SEK 400,000 for Committee Work	For	Did Not Vote	Management
16	Reelect Bernt Magnusson, Jan Blomberg, Tuve Johannesson, Arne Jurbrant, and Meg Tiveus as Directors; Elect Karsten Slotte as New Director	For	Did Not Vote	Management
17	Determine Number of Auditors and Deputy Auditors	For	Did Not Vote	Management
18	Approve Remuneration of Auditors	For	Did Not Vote	Management
19	Ratify KPMG Bolins AB (Thomas Thiel) as Auditors	For	Did Not Vote	Management
20	Elect Bernt Magnusson, Bjoern Franzon, Marianne Nilsson, and Staffan Grefbaeck as Members of Nominating Committee	For	Did Not Vote	Management
21	Amend Articles Re: Authorize Board to Appoint One or More Special Auditors in Connection with Certain Transactions	For	Did Not Vote	Management

382

SWIRE PACIFIC

Ticker:		Security ID:	HK0019000162
Meeting Date:	MAY 13, 2004	Meeting Type:	Annual
Record Date:

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

SWISS REINSURANCE (SCHWEIZERISCHE RUECKVERSICHERUNGS)

Ticker:		Security ID:	CH0012332372
Meeting Date:	MAY 14, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Discharge of Board and Senior Management	For	For	Management
3	Approve Allocation of Income and Dividends of CHF 1.10 per Share	For	For	Management
4	Approve Creation of CHF 2 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
5.1a	Reelect George Farr and Rajna Gibson as Directors	For	For	Management
5.1b	Elect Kaspar Villiger as Director	For	For	Management
5.2	Reelect PricewaterhouseCoopers Ltd as Auditors	For	For	Management

SWISSCOM AG

Ticker:		Security ID:	CH0008742519
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Dividends of CHF 13 per Share	For	For	Management
3	Approve Discharge of Board and Senior Management	For	For	Management
4	Ratify KPMG Klynveld Peat Marwick Goerdeler SA as Auditors	For	For	Management

383

SYNGENTA AG

Ticker:		Security ID:	4356646
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Discharge of Board and Senior Management	For	For	Management
3	Approve Allocation of Income and Omission of Dividends	For	For	Management
4	Approve CHF 191.4 Million Reduction in Share Capital via Reduction in Par Value and Repayment to Shareholders	For	For	Management
5	Amend Articles Re: Submission of Shareholder Proposals	For	For	Management
6	Authorize Repurchase of up to Ten Percent of Issued Share Capital	For	For	Management
7	Reelect Rupert Gasser, Heinz Imhof, and Michael Pragnell as Directors	For	For	Management
8	Reelect Ernst and Young AG as Auditors	For	For	Management

TABCORP HOLDINGS LTD

Ticker:		Security ID:	AU000000TAH8
Meeting Date:	OCT 30, 2003	Meeting Type:	Annual
Record Date:	OCT 28, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended June 30, 2003	None	For	Management
2a	Elect A G Hodgson as Director	For	For	Management
2b	Elect R F E Warburton as Director	For	For	Management
3	Approve Amendments to the Constitution	For	For	Management
4	Approve Increase in the Remuneration of Directors from AUD1.2 Million Per Annum to a Total of AUD1.5 Million Per Annum	For	For	Management
5	Approve the TABCORP Holdings Ltd Long Term Performance Plan	For	For	Management
6	Approve the TABCORP Holdings Ltd Deferred Share Plan for Eligible Employees	For	For	Management
7	Approve Participation by the Managing Director and Chief Executive Officer in TABCORP Employee Share Schemes	For	For	Management
8	Approve Exclusion of Issues Under the Employee Share Schemes from ASX 15 Percent Cap	For	For	Management
9	Approve the TABCORP Holdings Limited Dividend Reinvestment Plan	For	For	Management

384

TAIHEIYO CEMENT CORP.

Ticker:		Security ID:	JP3449020001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 2.5, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Maximum Board Size - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Adjustment to Aggregate Compensation Ceiling for Directors	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

TAISEI CORP.

Ticker:		Security ID:	JP3443600006
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 2.5, Final JY 2.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion - Limit Directors’ and Internal Auditors’ Legal Liability	For	For	Management
3	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

385

TAISHO PHARMACEUTICAL CO. LTD.

Ticker:		Security ID:	JP3442800003
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 25, Special JY 0	For	For	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
5	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Directors	For	For	Management

TAIYO YUDEN CO. LTD.

Ticker:		Security ID:	JP3452000007
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5, Final JY 5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
3.4	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Director and Statutory Auditors and Approve Special Payments to Continuing Director and Statutory Auditors in Connection with Abolition of Retirement Bonus System	For	For	Management

TAKARA HOLDINGS

Ticker:		Security ID:	JP3459600007
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 7.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

386

TAKASHIMAYA CO. LTD.

Ticker:		Security ID:	JP3456000003
Meeting Date:	MAY 25, 2004	Meeting Type:	Annual
Record Date:	FEB 29, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3.75, Final JY 3.75, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management

TAKEDA CHEMICAL INDUSTRIES LTD.

Ticker:		Security ID:	JP3463000004
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

TAKUMA CO. LTD.

Ticker:		Security ID:	JP3462600002
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5, Final JY 5, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Board Size - Introduce Board of Executive Officers - Reduce Directors Term in Office - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Adjustment to Aggregate Compensation Ceiling for Directors	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

387

TANDBERG ASA

Ticker:		Security ID:	NO0005620856
Meeting Date:	APR 15, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting; Prepare and Approve List of Shareholders	For	For	Management
2	Elect Chairman of Meeting; Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	For	Management
3	Approve Notice of Meeting and Agenda	For	For	Management
4	Receive Management Report	None	None	Management
5	Accept Financial Statements and Statutory Reports; Approve Allocation of Income and Dividends of NOK 0.40 Per Share	For	For	Management
6	Approve Remuneration of Directors (NOK 450,000 for Chairman, NOK 250,000 for Non-Executive Directors, and NOK 150,000 for Executive Directors); Approve Remuneration for Nomination Committee (NOK 20,000 Per Member); Approve Remuneration of Auditors	For	For	Management
7	Reelect Jan Opsahl, Amund Skarholt, Andrew Miller, and Grace Skaugen as Directors; Elect Joergen-Ole Haslestad as New Director; Elect Halvor Loeken, Aage Korsvold, and Jan Penne as Members of Nominating Committee	For	For	Management
8.1	Approve Creation of NOK 13 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
8.2	Approve Stock Option Plan for Employees; Approve Creation of NOK 3.5 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
8.3	Approve Stock Option Plan for CEO; Approve Creation of NOK 250,000 Pool of Conditional Capital to Guarantee Conversion Rights; Extend Term of Existing Stock Option Plan for CEO until April 15, 2006	For	For	Management

388

TATA MOTORS LTD.

Ticker:		Security ID:	INE155A01014
Meeting Date:	JAN 19, 2004	Meeting Type:	Special
Record Date:

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

TATA MOTORS LTD.

Ticker:		Security ID:	6101509
Meeting Date:	APR 8, 2004	Meeting Type:	Extraordinary Shareholders
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights and Authorize Board to Pledge Assets to Secure Issuance of Securities	For	For	Management

TATE & LYLE PLC

Ticker:	TATYY	Security ID:	GB0008754136
Meeting Date:	JUL 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 13.2 Pence Per Ordinary Share	For	For	Management
4	Re-elect Richard Delbridge as Director	For	For	Management
5	Re-elect Larry Pillard as Director	For	For	Management
6	Elect David Fish as Director	For	For	Management
7	Elect Evert Henkes as Director	For	For	Management
8	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
9	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
10	Authorise 48,300,520 Ordinary Shares for Market Purchase	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 40,250,433	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 6,037,565	For	For	Management
13	Amend Articles of Association Re: Electronic Communication, CREST and Voting on a Poll	For	For	Management

389

TATE & LYLE PLC

Ticker:	TATYY	Security ID:	GB0008754136
Meeting Date:	JUL 31, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 12.8 Pence Per Share	For	For	Management
4	Elect Iain Ferguson as Director	For	For	Management
5	Elect Stanley Musesengwa as Director	For	For	Management
6	Reelect Carole Piwnica as Director	For	For	Management
7	Reelect Stuart Strathdee as Director	For	For	Management
8	Reelect Allen Yurko as Director	For	For	Management
9	Reelect Keith Hopkins as Director	For	For	Management
10	Ratify PricewaterhouseCoopers LLP as Auditors	For	For	Management
11	Authorize Board to Fix Remuneration of Auditors	For	For	Management
12	Approve Tate and Lyle 2003 Performance Share Plan	For	For	Management
13	Authorize up to Ten Percent of Issued Share Capital for Share Repurchase Program	For	For	Management
14	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 40,177,815	For	For	Management
15	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 6,026,672	For	For	Management

TAYLOR WOODROW PLC

Ticker:		Security ID:	GB0008782301
Meeting Date:	SEP 24, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Acquisition of Wilson Connolly Holdings Plc; Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 10,000,000 Pursuant to the Offer and in Addition up to GBP 48,487,092	For	For	Management
2	Approve Increase in Authorized Capital to GBP 205,000,000 by the Creation of 40,000,000 Preference Shares and Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 10,000,000	For	For	Management
3	Amend Articles of Association Re: Dividend Payment and Capital Structure	For	For	Management

390

TAYLOR WOODROW PLC

Ticker:		Security ID:	GB0008782301
Meeting Date:	APR 20, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 6.5 Pence Per Share	For	For	Management
3	Approve Remuneration Report	For	For	Management
4	Elect Norman Askew as Director	For	For	Management
5	Elect Michael Davis as Director	For	For	Management
6	Elect Graeme McCallum as Director	For	For	Management
7	Elect Vernon Sankey as Director	For	For	Management
8	Re-elect Lady Robin Innes Ker as Director	For	For	Management
9	Re-elect Denis Mac Daid as Director	For	For	Management
10	Reappoint Deloitte and Touche LLP Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
11	Approve Taylor Woodrow 2004 Savings-Related Share Option Plan	For	For	Management
12	Approve Taylor Woodrow 2004 Share Incentive Plan	For	For	Management
13	Approve Taylor Woodrow 2004 Performance Share Plan	For	For	Management
14	Approve Taylor Woodrow 2004 Deferred Bonus Plan	For	For	Management
15	Approve Taylor Woodrow 2004 Employee Benefit Trust	For	For	Management
16	Approve Increase in Remuneration of Non-Executive Directors from GBP 300,000 to GBP 600,000	For	For	Management
17	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 48,783,941	For	For	Management
18	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 7,310,802	For	For	Management
19	Authorise 58,486,423 Shares for Market Purchase	For	For	Management

391

TDK CORP.

Ticker:	TDK	Security ID:	JP3538800008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 25, Final JY 30, Special JY 0	For	Did Not Vote	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	Did Not Vote	Management
3	Approve Executive Stock Option Plan	For	Did Not Vote	Management
4	Authorize Share Repurchase Program	For	Did Not Vote	Management
5.1	Elect Director	For	Did Not Vote	Management
5.2	Elect Director	For	Did Not Vote	Management
5.3	Elect Director	For	Did Not Vote	Management
5.4	Elect Director	For	Did Not Vote	Management
5.5	Elect Director	For	Did Not Vote	Management
5.6	Elect Director	For	Did Not Vote	Management
5.7	Elect Director	For	Did Not Vote	Management
6	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
7	Approve Retirement Bonuses for Director and Statutory Auditor	For	Did Not Vote	Management

TECHNIP (FORMERLY TECHNIP-COFLEXIP)

Ticker:	TNHPY	Security ID:	FR0000131708
Meeting Date:	JUL 11, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Merger by Absorption of Coflexip and Issuance of 330,332 Technip-Coflexip Shares	For	For	Management
2	Approve Accounting Treatment of Absorption	For	For	Management
3	Approve Terms of Conversion of Coflexip Stock Options	For	For	Management
4	Approve Dissolution of Coflexip without Liquidation	For	For	Management
5	Amend Articles to Reflect Changes in Capital	For	For	Management
6	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
7	Approve Capital Increase Reserved for Employees Participating in International Stock Purchase Plan	For	For	Management
8	Authorize Filing of Required Documents/Other Formalities	For	For	Management
9	Elect Olivier Appert as Director	For	For	Management
10	Authorize Filing of Required Documents/Other Formalities	For	For	Management

392

TECHNIP (FORMERLY TECHNIP-COFLEXIP)

Ticker:	TNHPY	Security ID:	FR0000131708
Meeting Date:	JUL 3, 2003	Meeting Type:	Special
Record Date:	JUN 26, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Merger by Absorption of Coflexip and Issuance of 330,332 Technip-Coflexip Shares	For	For	Management
2	Approve Accounting Treatment of Absorption	For	For	Management
3	Approve Terms of Conversion of Coflexip Stock Options	For	For	Management
4	Approve Dissolution of Coflexip without Liquidation	For	For	Management
5	Amend Articles to Reflect Changes in Capital	For	For	Management
6	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
7	Approve Capital Increase Reserved for Employees Participating in International Stock Purchase Plan	For	For	Management
8	Authorize Filing of Required Documents/Other Formalities	For	For	Management
9	Elect Olivier Appert as Director	For	For	Management
10	Authorize Filing of Required Documents/Other Formalities	For	For	Management

TECHNIP (FORMERLY TECHNIP-COFLEXIP)

Ticker:	TNHPY	Security ID:	FR0000131708
Meeting Date:	APR 21, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Dividends of EUR 4.95 per Share	For	For	Management
3	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Approve Discharge of Management and Supervisory Board	For	For	Management
6	Approve Remuneration of Directors in the Aggregate Amount of EUR 250,000	For	For	Management
7	Ratify Cabinet Barbier, Frinault et Autres as Auditors	For	For	Management
8	Ratify PricewaterhouseCoopers Audit as Auditors	For	For	Management
9	Ratify Christian Chochon as Alternate Auditors	For	For	Management
10	Ratify Yves Nicolas as Alternate Auditors	For	For	Management
11	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
12	Amend Articles of Association to Reflect 2003 Legal Changes to French Commercial Code	For	For	Management
13	Approve Capital Increase Reserved for Employees of American Subsidiaries Participating in Share Purchase Plan Pursuant to Authorization Granted in Item 6 at the July 11, 2003, Shareholder Meeting	For	For	Management
14	Authorize Capital Increase of Up to EUR 37.5 Million for Future Exchange Offers	For	Against	Management
15	Allow Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	Against	Management
16	Authorize Filing of Required Documents/Other Formalities	For	For	Management

393

TECHTRONIC INDUSTRIES

Ticker:		Security ID:	HK0669002195
Meeting Date:	MAY 28, 2004	Meeting Type:	Annual
Record Date:	MAY 21, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$0.1775 Per Share	For	Against	Management
3a	Reelect Roy Chi Ping Chung as Group Executive Director	For	For	Management
3b	Reelect Kin Wah Chan as Group Executive Director	For	For	Management
3c	Reelect Joel Arthur Schleicher as Independent Non-Executive Director	For	For	Management
3d	Authorize Board to Fix Their Remuneration	For	For	Management
4	Reappoint Deloitte Touche Tohmatsu as Auditors and Fix Their Remuneration	For	For	Management
5	Approve Increase in Authorized Capital from HK$160 Million to HK$240 Million by the Creation of 400 Million Shares of HK$0.2 Each	For	Against	Management
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
7	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
8	Authorize Reissuance of Repurchased Shares	For	For	Management
9	Amend Articles Re: Postponement and Voting at General Meetings, Appointment of Alternate Director, Material Interest of Directors in Contracts Entered into by the Company, Electronic Communication, Indemnification of Directors and Officers of the Company	For	For	Management

394

TECHTRONIC INDUSTRIES

Ticker:		Security ID:	HK0669002195
Meeting Date:	MAY 28, 2004	Meeting Type:	Special
Record Date:	MAY 21, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Grant of Options to Horst Julius Pudwill and Roy Chi Ping Chung to Subscribe for Ordinary Shares in the Capital of the Company Pursuant to the Share Option Scheme	For	Against	Management
2	Approve Stock Split of Every Share of HK$0.2 in the Capital of the Company into Two Shares of HK$0.1 Each	For	For	Management
3	Amend Articles to Reflect Changes in Capital	For	Against	Management

TEIJIN LTD.

Ticker:		Security ID:	JP3544000007
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

TEIKOKU OIL CO. LTD.

Ticker:		Security ID:	JP3540400003
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
4	Approve Retirement Bonus for Director	For	For	Management

395

TELE2 AB (FORMERLY NETCOM AB)

Ticker:	NECSB	Security ID:	SE0000314312
Meeting Date:	MAY 12, 2004	Meeting Type:	Annual
Record Date:	APR 30, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
3	Approve Agenda of Meeting	For	Did Not Vote	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
5	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
7	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
8	Approve Allocation of Income and Dividends of SEK 3 Per Share	For	Did Not Vote	Management
9	Approve Discharge of Board and President	For	Did Not Vote	Management
10	Determine Number of Members and Deputy Members of Board; Determine Number of Auditors	For	Did Not Vote	Management
11	Approve Remuneration of Directors and Auditors	For	Did Not Vote	Management
12	Reelect Marc Beuls, Vigo Carlund, Sven Hagstroemer, John Shakeshaft, and Christina Stenbeck as Directors; Elect Jan Loeber as New Director	For	Did Not Vote	Management
13	Ratify Deloitte & Touche (Tommy Maartensson) as Auditors	For	Did Not Vote	Management
14	Amend 2002 Stock Option Plan	For	Did Not Vote	Management
15	Shareholder Proposal: Approve Voluntary Conversion of Class A Shares into Class B Shares	None	Did Not Vote	Shareholder
16.1	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	None	Did Not Vote	Shareholder
16.2	Shareholder Proposal: Authorize Board to Establish a Remuneration Committee	None	Did Not Vote	Shareholder
16.3	Shareholder Proposal: Authorize Board to Establish an Audit Committee	None	Did Not Vote	Shareholder
17	Close Meeting	None	Did Not Vote	Management

396

TELECOM CORP. OF NEW ZEALAND

Ticker:	NZT	Security ID:	NZTELE0001S4
Meeting Date:	OCT 9, 2003	Meeting Type:	Annual
Record Date:	OCT 8, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorize Board to the Auditors’ Remuneration	For	For	Management
2	Elect Roderick Deane as Director	For	For	Management
3	Elect Paul Baines as Director	For	For	Management
4	Approve Remuneration of Directors in the Amount of NZD 1.5 Million Per Annum for the Directors of the Company and Its Subsidiaries	For	For	Management
5	Elect Lindsay Pyne as Director	For	For	Management
6	Approve Issuance by the Board to Theresa Gattung, Chief Executive Officer and Managing Director, During the Period to Sept. 30, 2006 of Up to 500,000 Ordinary Shares in the Company Under the Performance Incentive Scheme	For	For	Management
7	Approve Issuance by the Board to Theresa Gattung, Chief Executive and Managing Director, During the Period to Sept. 30, 2006 of Up to 1.5 Million Options in the Company Under the Performance Option Scheme	For	For	Management

TELECOM ITALIA MOBILE

Ticker:		Security ID:	IT0001052049
Meeting Date:	MAY 4, 2004	Meeting Type:	Annual
Record Date:	APR 29, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Rules Governing General Meetings	For	For	Management
2	Accept Financial Statements and Statutory Reports	For	For	Management
3	Elect External Auditors For the Three-Year Term 2004-2006 and Fix Remuneration of Auditors	For	For	Management
4	Elect Members of the Board of Directors	For	For	Management
5	Redefine Remuneration of Internal Statutory Auditors	For	For	Management
1	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management

397

TELEFONICA S.A. (FORMERLY TELEFONICA DE ESPANA, S.A.)

Ticker:	TEF	Security ID:	ES0178430E18
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Allocation of Income, and Discharge Directors	For	For	Management
2	Approve Dividend Per Share	For	For	Management
3	Approve Auditors	For	For	Management
4	Authorize Repurchase of Shares	For	For	Management
5	Approve General Meeting Guidelines	For	For	Management
6	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

TELEKOM AUSTRIA

Ticker:		Security ID:	AT0000720008
Meeting Date:	JUN 3, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income	For	For	Management
3	Approve Discharge of Management and Supervisory Boards	For	For	Management
4	Approve Remuneration of Directors	For	For	Management
5	Ratify Auditors	For	For	Management
6	Amend Articles Re: Management Board Structure	For	Against	Management
7	Approve Creation of EUR 109.1 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
8	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached without Preemptive Rights; Approve Creation of EUR 109.1 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
9	Receive Report Regarding Share Repurchse Scheme	None	None	Management
10	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management

398

TELEVISION BROADCAST LTD.

Ticker:		Security ID:	6881674
Meeting Date:	MAY 19, 2004	Meeting Type:	Annual
Record Date:	APR 27, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend	For	For	Management
3	Elect Directors and Fix Their Remuneration	For	For	Management
4	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5a	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
5b	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
5c	Authorize Reissuance of Repurchased Shares	For	For	Management
5d	Approve Extension of the Number of Days During which the Company’s Register of Members May Be Closed for the Calendar Year 2004 to 60 Days from 30 Days	For	For	Management
5e	Adopt New Articles of Association	For	For	Management
5f	Amend Memorandum of Association Re: Deletion of the Objects Clause	For	For	Management

TELEVISION FRANCAISE 1

Ticker:		Security ID:	FR0000054900
Meeting Date:	APR 20, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Discharge Directors	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
4	Approve Allocation of Income and Dividends of EUR 0.975 per Share	For	For	Management
5	Receive Special Directors’ Report Regarding Stock Option Grants	For	For	Management
6	Receive Chairman’s and Auditors’ Report Regarding Internal Control Procedures	For	For	Management
7	Reelect Alain Pouyat as Director	For	For	Management
8	Confirm Election of Employee Representatives to the Board	For	For	Management
9	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
10	Authorize Issuance of Bonds/Debentures	For	Against	Management
11	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
12	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 120 Million	For	Against	Management
13	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 120 Million	For	Against	Management
14	Authorize Capital Increase of Up to EUR 120 Million for Future Exchange Offers	For	Against	Management
15	Set Global Limit for Capital Increase to Result from All Issuance Requests at EUR 120 Million	For	Against	Management
16	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
17	Approve Issuance of Equity-Linked Securities Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	Against	Management
18	Amend Articles of Association to Reflect 2003 Regulation Changes Re: Related-Party Transactions and Internal Control Procedures	For	For	Management
19	Authorize Filing of Required Documents/Other Formalities	For	For	Management

399

TELIASONERA AB (FORMERLY TELIA AB)

Ticker:		Security ID:	SE0000667925
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:	APR 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements and Statutory Reports; Receive President’s Report	None	Did Not Vote	Management
7	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
8	Approve Allocation of Income and Dividends of SEK 1 Per Share	For	Did Not Vote	Management
9	Approve Discharge of Board and President	For	Did Not Vote	Management
10	Determine Number of Members and Deputy Members of Board	For	Did Not Vote	Management
11	Approve Remuneration of Directors	For	Did Not Vote	Management
12	Receive Report about Director Nominees’ Other Board Memberships; Elect Directors	For	Did Not Vote	Management
13	Amend Articles Re: Specify that Audit Firm (One) or Individuals (Two to Three) May be Appointed as Auditor(s)	For	Did Not Vote	Management
14	Determine Number of Auditors (One Audit Firm)	For	Did Not Vote	Management
15	Approve Remuneration of Auditors	For	Did Not Vote	Management
16	Ratify Oehrlings PricewaterhouseCoopers AB as Auditors	For	Did Not Vote	Management
17	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	None	Did Not Vote	Shareholder
18	Shareholder Proposal: Require Board to Decide upon Delivery Guarantee for Private TeliaSonera Customers	None	Did Not Vote	Shareholder
19	Shareholder Proposal: Require Swedish Free Enterprise Foundation to Account for All Expenses and Report Whether Correlation Exists Between Performance and Salary; Request Repayment of Funds to Shareholders	None	Did Not Vote	Shareholder
20	Close Meeting	None	Did Not Vote	Management

400

TERUMO CORP.

Ticker:		Security ID:	JP3546800008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 7, Final JY 9, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Directors’ Term in Office - Authorize Share Repurchases at Board’s Discretion - Streamline Board Structure in Connection with Introduction of Executive Officer System	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management

THALES SA (FORMERLY THOMSON-CSF)

Ticker:		Security ID:	FR0000121329
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
2	Approve Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 1.125 per Share	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Change Location of Registered Office/Headquarters to 45, rue de Villiers in Neuilly-sur-Seine	For	For	Management
6	Ratify Cooptation of Benoit Tellier as Director	For	For	Management
7	Elect Francois Bujon de l’Estang as Director	For	For	Management
8	Reelect Louis Gallois as Director	For	For	Management
9	Reelect Denis Ranque as Director	For	For	Management
10	Reelect Denis Samuel-Lajeunesse as Director	For	For	Management
11	Reelect TSA as Director	For	For	Management
12	Reelect Jean-Paul Barth as Director	For	For	Management
13	Reelect Serge Dassault as Director	For	For	Management
14	Reelect Serge Tchuruk as Director	For	For	Management
15	Elect Charles de Croisset as Director	For	For	Management
16	Reelect Roger Freeman as Director	For	For	Management
17	Elect Klaus Naumann as Director	For	For	Management
18	Reelect Henri Proglio as Director	For	For	Management
19	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
20	Amend Articles to Classify Board	For	Against	Management
21	Amend Articles to Reduce the Number of Employee Representatives Serving on the Board from Three to Two	For	For	Management
22	Amend Articles of Association to Reflect 2003 Legal Changes to French Commercial Code Re: Shareholding Disclosure	For	Against	Management
23	Amend Articles of Association Re: Double Voting Rights	For	For	Management
24	Approve Stock Option Plan Grants	For	Against	Management
25	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 36 Million	For	For	Management
26	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 36 Million	For	For	Management
27	Set Global Limit for Capital Increase to Result from Issuance Requests in Items 25 and 26 at EUR 36 Million	For	For	Management
28	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
29	Authorize Filing of Required Documents/Other Formalities	For	For	Management

401

THK CO. LTD.

Ticker:		Security ID:	JP3539250005
Meeting Date:	JUN 26, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 7.5, Final JY 7.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Appointment of Alternate Statutory Auditors - Reduce Directors Term in Office - Authorize Share Repurchases at Board’s Discretion - Abolish Retirement Bonus System	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Alternate Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management
6	Approve Special Payments to Continuing Directors and Statutory Auditors in Connection with Abolition of Retirement Bonus System	For	For	Management
7	Approve Adjustment to Aggregate Compensation Ceilings for Directors and Statutory Auditors	For	For	Management
8	Approve Executive Stock Option Plan	For	For	Management

402

THOMSON (FORMERLY THOMSON MULTIMEDIA)

Ticker:		Security ID:	FR0000184533
Meeting Date:	APR 26, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Net Dividends of EUR 0.26 per Share	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Ratify Appointment of Paul Murray as Director	For	For	Management
6	Ratify Appointment of Henry P. Vigil as Director	For	For	Management
7	Ratify Appointment of Eric Bourdais de Charbonniere as Director	For	For	Management
8	Reelect Thierry Breton as Director for a Term Lasting Four Years, Subject to Approval of Item 25	For	For	Management
9	Reelect Frank Dangeard as Director for a Term Lasting Four Years, Subject to Approval of Item 25	For	For	Management
10	Reelect Eddy Hartenstein as Director for a Term Lasting Four Years, Subject to Approval of Item 25	For	For	Management
11	Reelect Igor Landau as Director for a Term Lasting Four Years, Subject to Approval of Item 25	For	For	Management
12	Reelect Pierre Lescure as Director for a Term Lasting Four Years, Subject to Approval of Item 25	For	For	Management
13	Reelect Henry P. Vigil as Director for a Term Lasting Four Years, Subject to Approval of Item 25	For	For	Management
14	Reelect Didier Lombard as Director for a Term Lasting Four Years, Subject to Approval of Item 25	For	For	Management
15	Ratify Mazars & Guerard as Auditors	For	For	Management
16	Ratify Patrick de Cambourg as Alternate Auditors	For	For	Management
17	Approve Remuneration of Directors in the Aggregate Amount of EUR 450,000	For	For	Management
18	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
19	Authorize Filing of Required Documents/Other Formalities	For	For	Management
20	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
21	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 250 Million	For	For	Management
22	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 250 Million	For	For	Management
23	Confirm Share Issuance in the Amount of EUR 15 Million in Favor of Carlton Communications PLC	For	For	Management
24	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
25	Amend Articles of Association to Reflect 2003 Legal Changes Re: Shareholding Disclosure, Role of Chairman, and Access to Information; Reduction in Directors’ Terms from Five to Four Years; and References of Government Representatives on the Board	For	For	Management
26	Authorize Filing of Required Documents/Other Formalities	For	For	Management

403

THYSSENKRUPP AG (FORMERLY THYSSEN AG)

Ticker:		Security ID:	DE0007500001
Meeting Date:	JAN 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 0.50 per Share	For	For	Management
3	Approve Discharge of Management Board for Fiscal 2002/2003	For	For	Management
4	Approve Discharge of Supervisory Board for Fiscal 2002/2003	For	For	Management
5	Ratify KPMG as Auditors	For	For	Management
6	Amend Articles Re: Allow for the Issuance of Dividends in Kind	For	For	Management
7	Authorize Repurchase of up to Ten Percent of Issued Share Capital; Authorize Board to Issue Repurchased Shares as New Shares without Preemptive Rights	For	For	Management
8	Authorize Reissuance of Repurchased Shares from its 2003 AGM Scheme	For	For	Management
9	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 500 Million with Preemptive Rights	For	For	Management

404

TI AUTOMOTIVE LTD.

Ticker:		Security ID:	GB0030675291
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
3	Authorise Board to Fix Remuneration of the Auditors	For	For	Management

TIETOENATOR CORP (FORMERLY TT TIETO OY)

Ticker:		Security ID:	FI0009000277
Meeting Date:	MAR 18, 2004	Meeting Type:	Annual
Record Date:	MAR 8, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements	None	Did Not Vote	Management
1.2	Receive Auditors’ Report	None	Did Not Vote	Management
1.3	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
1.4	Approve Allocation of Income and Dividends of EUR 0.50 Per Share	For	Did Not Vote	Management
1.5	Approve Discharge of Board and President	For	Did Not Vote	Management
1.6	Approve Remuneration of Directors and Auditors	For	Did Not Vote	Management
1.7	Fix Number of Directors	For	Did Not Vote	Management
1.8	Elect Directors	For	Did Not Vote	Management
1.9	Appoint Auditors and Deputy Auditors	For	Did Not Vote	Management
2	Amend Articles Re: Introduce Mandatory Retirement Age (68 Years) for Board Members	For	Did Not Vote	Management
3	Approve Transfer of EUR 910.1 Million from Share Premium Fund to Fund Used in Accordance with Decision by a General Meeting	For	Did Not Vote	Management
4	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	Did Not Vote	Management
5	Approve Creation of EUR 16.6 Million Pool of Conditional Capital without Preemptive Rights	For	Did Not Vote	Management
6	Shareholder Proposal: Distribute Shares of Dotcom Solutions AB to Shareholders of TietoEnator Corp.	None	Did Not Vote	Shareholder

405

TISCALI SPA

Ticker:		Security ID:	IT0001453924
Meeting Date:	APR 30, 2004	Meeting Type:	Annual/Special
Record Date:	APR 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Fix Number of Directors on the Board; Elect Directors	For	Against	Management
1	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management
2	Approve Issuance of Shares for a Private Placement To Be Paid With The Opening of a Line of Credit of GBP 3.3 Million Over Net. Works Limited	For	For	Management

TISCALI SPA

Ticker:		Security ID:	IT0001453924
Meeting Date:	JUN 21, 2004	Meeting Type:	Special
Record Date:	JUN 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Creation of a Pool of Conditional Capital Without Preemptive Rights Through a Contribution in Kind	For	For	Management
2	Approve Issuance of Shares for a Private Placement To Be Paid Through A Credit Held By Jean Philippe Iliesco De Grimaldi of Nominal Value Equal to EUR 3.25 Million	For	For	Management

TISCALI SPA

Ticker:		Security ID:	IT0001453924
Meeting Date:	OCT 26, 2003	Meeting Type:	Special
Record Date:	OCT 21, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Two New Directors	For	For	Management
1	Amend Article 2 Re: Company’s Registered Office	For	For	Management
2	Amend Article 5 Re: Share Capital	For	For	Management
3	Approve Issuance of Shares for a Private Placement To Be Paid in Shares of EUnet EDV und Internet Dienstleistungs AG	For	For	Management
4	Approve Issuance of Shares for a Private Placement To Be Paid in Shares of Home.se AB	For	For	Management

406

TISCO FINANCE PCL (THAI INVESTMENT & SECURITY)

Ticker:		Security ID:	TH0597010014
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:	APR 7, 2004

#	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 Reports	For	For	Management
4	Approve Allocation of Income and Dividend of Baht 0.65 per Share	For	For	Management
5	Re-elect Directors	For	For	Management
6	Elect New Director	For	For	Management
7	Approve Remuneration of Directors	For	For	Management
8	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Approve Issuance of 5.3 Million Units of Warrants to Directors, Employees, and Advisors of the Company	For	For	Management
10	Other Business	For	Against	Management

TITAN CEMENT CO

Ticker:		Security ID:	GRS074083007
Meeting Date:	MAY 24, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Group and Individual Statutory Reports	For	Did Not Vote	Management
2	Approve Financial Statements and Allocation of Income	For	Did Not Vote	Management
3	Approve Remuneration of Directors	For	Did Not Vote	Management
4	Approve Discharge of Directors and Auditors	For	Did Not Vote	Management
5	Approve Election of Consultant	For	Did Not Vote	Management
6	Elect Directors; Define Independent Non-Executive Members	For	Did Not Vote	Management
7	Approve Auditors and Fix Their Remuneration	For	Did Not Vote	Management
8	Amend Article 5 Re: Share Capital Increase and Stock Options	For	Did Not Vote	Management
9	Authorize Capitalization of Reserves for Increase in Par Value From EUR 2.40 to EUR 4.00	For	Did Not Vote	Management
10	Approve Stock Split and Reduce Par Value to EUR 2 from EUR 4 Accordingly	For	Did Not Vote	Management
11	Amend Article 5 to Reflect Changes in Capital	For	Did Not Vote	Management
12	Authorize Share Repurchase Program	For	Did Not Vote	Management
13	Approve Contract With Board Member	For	Did Not Vote	Management
14	Amend Articles	For	Did Not Vote	Management
15	Approve Stock Option Plan for Directors, Managers and Associated Companies	For	Did Not Vote	Management

407

TITAN CEMENT CO

Ticker:		Security ID:	GRS074083007
Meeting Date:	JUN 8, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Company’s Articles of Association	For	Did Not Vote	Management
2	Approve Stock Option Plan for Directors and Managers	For	Did Not Vote	Management

TOBU RAILWAY CO. LTD.

Ticker:		Security ID:	JP3597800006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 2.5, Final JY 2.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
3.4	Appoint Internal Statutory Auditor	For	For	Management
3.5	Appoint Internal Statutory Auditor	For	For	Management

TOHO CO. LTD. (9602)

Ticker:		Security ID:	JP3598600009
Meeting Date:	MAY 27, 2004	Meeting Type:	Annual
Record Date:	FEB 29, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5, Final JY 5, Special JY 3	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	Against	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management

408

TOHOKU ELECTRIC POWER CO. INC.

Ticker:		Security ID:	JP3605400005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 25, Final JY 25, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Elect Director	For	For	Management
4	Approve Alternate Income Allocation, with No Director Bonuses and a Final Dividend of JY 30 Per Share	Against	Against	Shareholder
5	Amend Articles to Require Board to Reflect Contents of Shareholder Proposals in the Management of the Company	Against	Against	Shareholder
6	Amend Articles to Require Additional Disclosure Regarding Losses Incurred by the Company	Against	Against	Shareholder
7	Amend Articles to Require Disclosure of Individual Compensation Levels of Directors and Statutory Auditors	Against	For	Shareholder
8	Amend Articles to Include Language Promoting Cogeneration	Against	Against	Shareholder
9	Amend Articles to Require Separation of Thermal Power Business and Nuclear Power Business into Separate Business Units, and Establish a Multi-Power Source Business Unit	Against	Against	Shareholder
10	Amend Articles to Require Withdrawal from Nuclear Fuel Cycle Project	Against	Against	Shareholder
11	Amend Articles to Require Decommissioning of Two Reactors at Onagawa Nuclear Power Station	Against	Against	Shareholder
12	Remove Chairman and Representative Director Toshiaki Yashima from the Board	Against	Against	Shareholder

TOKYO BROADCASTING SYSTEM INC. (TBS)

Ticker:		Security ID:	JP3588600001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5, Final JY 5, Special JY 0	For	Did Not Vote	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	Did Not Vote	Management
3	Elect Director	For	Did Not Vote	Management
4.1	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
4.2	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
4.3	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
4.4	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
4.5	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
5	Approve Retirement Bonuses for Statutory Auditors and Payments to Continuing Directors and Statutory Auditors in Connection with Abolition of Retirement Bonus System	For	Did Not Vote	Management
6	Approve Executive Stock Option Plan	For	Did Not Vote	Management

409

TOKYO ELECTRIC POWER CO. LTD.

Ticker:		Security ID:	JP3585800000
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 30, Final JY 30, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Reduce Maximum Board Size - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
3.4	Appoint Internal Statutory Auditor	For	For	Management
3.5	Appoint Internal Statutory Auditor	For	For	Management
3.6	Appoint Internal Statutory Auditor	For	For	Management
3.7	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management
5	Approve Alternate Allocation of Income	Against	Against	Shareholder
6	Amend Articles of Incorporation to Create Investment Business Risk Assessment Committee	Against	Against	Shareholder
7	Amend Articles to Create Obligation to Meet Legal Targets for Power Volume Generated by Natural Energy	Against	Against	Shareholder
8	Amend Articles to Prohibit Diversion of Radioactive Substances for Military Purposes	Against	Against	Shareholder
9	Amend Articles to Require Phase Out of Nuclear Facilities	Against	Against	Shareholder

410

TOKYO ELECTRON LTD.

Ticker:		Security ID:	JP3571400005
Meeting Date:	JUN 22, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4, Final JY 6, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Appoint External Auditors	For	For	Management
6	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management
7	Approve Adjustment to Aggregate Compensation Ceiling for Directors	For	For	Management
8	Approve Executive Stock Option Plan	For	For	Management

TOKYO GAS CO. LTD.

Ticker:		Security ID:	JP3573000001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 4, Special JY 0	For	Did Not Vote	Management
2	Amend Articles to: Allow Appointment of Alternate Statutory Auditors - Authorize Share Repurchases at Board’s Discretion	For	Did Not Vote	Management
3	Authorize Share Repurchase Program	For	Did Not Vote	Management
4.1	Elect Director	For	Did Not Vote	Management
4.2	Elect Director	For	Did Not Vote	Management
4.3	Elect Director	For	Did Not Vote	Management
4.4	Elect Director	For	Did Not Vote	Management
4.5	Elect Director	For	Did Not Vote	Management
4.6	Elect Director	For	Did Not Vote	Management
4.7	Elect Director	For	Did Not Vote	Management
4.8	Elect Director	For	Did Not Vote	Management
4.9	Elect Director	For	Did Not Vote	Management
4.10	Elect Director	For	Did Not Vote	Management
4.11	Elect Director	For	Did Not Vote	Management
4.12	Elect Director	For	Did Not Vote	Management
5	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditor	For	Did Not Vote	Management

411

TOKYU CORP.

Ticker:		Security ID:	JP3574200006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Handling of Net Loss, with a Final Dividend of JY 5	For	For	Management
2	Amend Articles to: Amend Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
3.4	Appoint Internal Statutory Auditor	For	For	Management
3.5	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Directors	For	For	Management

TOMKINS PLC

Ticker:	TKS	Security ID:	GB0008962655
Meeting Date:	MAY 21, 2004	Meeting Type:	Annual
Record Date:

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

412

TOMRA SYSTEMS

Ticker:		Security ID:	NO0005668905
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Notice of Meeting and Agenda	For	For	Management
2	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	For	Management
3	Receive Presentation about Status of Company	For	For	Management
4	Accept Financial Statements and Statutory Reports	For	For	Management
5.1	Approve Creation of NOK 17.8 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
5.2	Approve Stock Option Plan for All Employees; Approve Creation of NOK 2.7 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
5.3	Approve Stock Option Plan for Key Employees; Approve Creation of NOK 4.8 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
6	Approve Remuneration of Directors in the Amount of NOK 450,000 for Chairman, NOK 150,000 for External Board Members, and NOK 150,000 for Executive Board Members; Approve Remuneration of Auditors in the Amount of NOK 522,000 for 2003	For	For	Management
7	Reelect Jan Opsahl, Svein Jacobsen, Joergen Randers, and Hanne de Mora as Directors; Elect Rune Bjerke as New Director; Ratify Auditors	For	For	Management

TONEN GENERAL SEKIYU K.K.

Ticker:		Security ID:	JP3428600005
Meeting Date:	MAR 26, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 18, Final JY 18, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion - Allow Appointment of Alternate Statutory Auditors	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
4	Appoint Alternate Statutory Auditor	For	For	Management

413

TOPPAN PRINTING CO. LTD.

Ticker:		Security ID:	JP3629000005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

414

TORAY INDUSTRIES INC.

Ticker:		Security ID:	JP3621000003
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 2.5, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
3.18	Elect Director	For	For	Management
3.19	Elect Director	For	For	Management
3.20	Elect Director	For	For	Management
3.21	Elect Director	For	For	Management
3.22	Elect Director	For	For	Management
3.23	Elect Director	For	For	Management
3.24	Elect Director	For	For	Management
3.25	Elect Director	For	For	Management
3.26	Elect Director	For	For	Management
3.27	Elect Director	For	For	Management
3.28	Elect Director	For	For	Management
3.29	Elect Director	For	For	Management
3.30	Elect Director	For	For	Management
4	Approve Retirement Bonuses for Directors	For	For	Management

TOSHIBA CORP.

Ticker:		Security ID:	JP3592200004
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

415

TOSOH CORP.

Ticker:		Security ID:	JP3595200001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

TOSTEM INAX HOLDING CORP.

Ticker:		Security ID:	JP3626800001
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 20, Final JY 20, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Reduce Share Trading Unit - Change Company Name to JS Group Corp. - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Executive Stock Option Plan	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
5.3	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

416

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

Ticker:	TOT	Security ID:	FR0000120271
Meeting Date:	APR 28, 2004	Meeting Type:	Annual/Special
Record Date:

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

417

TOTO LTD.

Ticker:		Security ID:	JP3596200000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5.5, Final JY 5.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
4	Approve Retirement Bonus for Director	For	For	Management

TOYO SEIKAN KAISHA LTD.

Ticker:		Security ID:	JP3613400005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3.75, Final JY 6.25, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Special Bonus for Family of Deceased Statutory Auditor and Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

418

TOYODA GOSEI CO. LTD.

Ticker:		Security ID:	JP3634200004
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 7.5, Final JY 8.5, Special JY 0	For	For	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management
4.11	Elect Director	For	For	Management
4.12	Elect Director	For	For	Management
4.13	Elect Director	For	For	Management
4.14	Elect Director	For	For	Management
4.15	Elect Director	For	For	Management
4.16	Elect Director	For	For	Management
4.17	Elect Director	For	For	Management
4.18	Elect Director	For	For	Management
4.19	Elect Director	For	For	Management
4.20	Elect Director	For	For	Management
4.21	Elect Director	For	For	Management
4.22	Elect Director	For	For	Management
4.23	Elect Director	For	For	Management
5	Appoint Internal Statutory Auditor	For	For	Management
6	Appoint External Auditors	For	For	Management
7	Approve Executive Stock Option Plan	For	For	Management
8	Approve Special Bonus for Family of Deceased Statutory Auditor and Retirement Bonuses for Directors	For	For	Management

TOYOTA INDUSTRIES CORP. (FORMERLY TOYODA AUTOMATIC LOOM WORKS)

Ticker:		Security ID:	JP3634600005
Meeting Date:	JUN 22, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 12, Final JY 12, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Executive Stock Option Plan	For	For	Management
5	Approve Special Bonus for Family of Deceased Statutory Auditor and Approve Retirement Bonus for Statutory Auditor	For	For	Management

419

TOYOTA MOTOR CORP.

Ticker:	TM	Security ID:	6900643
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

420

TPG NV (FORMERLY TNT POST GROUP NV)

Ticker:	TP	Security ID:	NL0000009058
Meeting Date:	APR 7, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

TRANSURBAN GROUP

Ticker:		Security ID:	AU000000TCL6
Meeting Date:	NOV 11, 2003	Meeting Type:	Annual
Record Date:	NOV 9, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Elect David John Ryan as Director	For	For	Management
2b	Elect Petr Charles Byers as Director	For	For	Management
2c	Elect Laurence Grimes Cox as Director	For	For	Management
3	Approve Issuance of 750,000 Convertible Adjusting Rate Securities (CARS) by Transurban CARS Trust in April 2003	For	For	Management

421

TRAVELSKY TECHNOLOGY

Ticker:		Security ID:	CN0006030588
Meeting Date:	DEC 5, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect 15 Directors for the Second Board of the Company for a Term of Three Years and Authorize Board to Fix Their Remuneration	For	For	Management
2	Elect Eight Supervisors for the Second Supervisory Committee of the Company for a Term of Three Years and Authorize Board to Fix Their Remuneration	For	For	Management
3	Approve Ongoing Connected Transactions	For	For	Management
4	Amend Articles Re: Shareholding Information	For	For	Management

TRAVELSKY TECHNOLOGY

Ticker:		Security ID:	CN0006030588
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:	MAR 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Report of the Directors	For	For	Management
2	Accept Report of the Supervisory Committee	For	For	Management
3	Accept Financial Statements and Auditors’ Report	For	For	Management
4	Approve Dividends of RMB0.102 Per Share	For	For	Management
5	Approve PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian CPAs Ltd. Co. as International and PRC Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Approve Establishment and Implementation of a Corporate Annual Remuneration System from 2004 Onwards and Authorize Board with Full Powers to Handle All Relevant Matters	For	Against	Management
7	Other Business (Voting)	For	Against	Management
8	Amend Articles Re: Ordinary and Special Resolutions at Shareholders’ General Meetings, Voting Right Per Share, Nomination of Director, Composition of the Supervisory Committee and Vote of Contracts in which a Director has a Material Interest	For	For	Management

422

TREND MICRO INC.

Ticker:	TMIC	Security ID:	JP3637300009
Meeting Date:	MAR 25, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 14, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Amend Stock Option Plans Approved in 2001, 2002, and 2003	For	For	Management
4	Approve Executive Stock Option Plan	For	For	Management

TSINGTAO BREWERY CO

Ticker:		Security ID:	CN0008870445
Meeting Date:	AUG 13, 2003	Meeting Type:	Special
Record Date:	JUL 24, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles of Association	For	For	Management
2	Elect a Non-Executive Director	For	For	Management
3	Elect a Supervisor	For	For	Management
4	Elect an Independent Director	For	For	Management

TUI AG(FRMLYPREUSSAG AG)

Ticker:		Security ID:	DE0006952005
Meeting Date:	MAY 18, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 0.77 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify PwC Deutsche Revision AG as Auditors	For	For	Management
6	Approve Public Offering of Shares in Subsidiary (Hapag-Lloyd AG)	For	For	Management
7	Amend Corporate Purpose	For	For	Management
8	Approve Creation of EUR 10 Million Pool of Conditional Capital without Preemptive Rights	For	Against	Management
9	Approve Creation of EUR 170 Million Pool of Conditional Capital without Preemptive Rights	For	Against	Management
10	Approve Creation of EUR 45.6 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
11	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 1.00 Billion with Preemptive Rights; Approve Creation of EUR 70 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
12	Authorize Repurchase of up to Ten Percent of Issued Share Capital	For	For	Management
13	Approve Affiliation Agreements with Subsidiary (Hapag-Lloyd AG)	For	For	Management

423

UBS AG

Ticker:		Security ID:	7126114
Meeting Date:	APR 15, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Dividends of CHF 2.60 per Share	For	For	Management
3	Approve Discharge of Board and Senior Management	For	For	Management
4.1	Reelect Peter Davis as Director	For	For	Management
4.2.1	Elect Stephan Haeringer as Director	For	For	Management
4.2.2	Elect Helmut Panke as Director	For	For	Management
4.2.3	Elect Peter Spuhler as Director	For	For	Management
4.3	Ratify Ernst and Young as Auditors	For	For	Management
5.1	Approve CHF 47.6 Million Reduction in Share Capital via Cancellation of Shares	For	For	Management
5.2	Authorize Repurchase of Issued Share Capital	For	For	Management

UCB

Ticker:		Security ID:	BE0003739530
Meeting Date:	JUN 8, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Directors’ Report	None	None	Management
2	Receive Auditors’ Report	None	None	Management
3	Approve Financial Statements and Allocation of Income	For	For	Management
4	Approve Discharge of Directors	For	For	Management
5	Approve Discharge of Auditors	For	For	Management
6	Reelect M. Eyskens and Prince Laurent as Independent Directors; Elect Frederik Rock Doliveux as Director; Reelect Daniel Goosens as Auditor; Approve Remuneration of Auditors of EUR 129,000 for the UCB Group, of Which EUR 60,000 for UCB S.A.	For	For	Management

424

UFJ HOLDINGS INC.

Ticker:		Security ID:	JP3944300007
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Retained Earnings, with No Dividends on Ordinary Shares	For	For	Management
2	Amend Articles to: Decrease Authorized Preferred Share Capital to Reflect Conversion of Preferred to Ordinary Shares - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management

UMICORE(FRMLY UNION MINIERE S.A.)

Ticker:		Security ID:	BE0003626372
Meeting Date:	APR 14, 2004	Meeting Type:	Annual
Record Date:	APR 7, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Report Governing Stock Option Plan of French Subsidiaries	None	None	Management
2	Receive Directors’ Report on 2003 Fiscal Year	None	None	Management
3	Receive Auditors’ Report on 2003 Fiscal Year	None	None	Management
4.1	Accept Financial Statements and Statutory Reports	For	For	Management
4.2	Approve Appropriation of the Loss for 2003 Including the Dividend	For	For	Management
5.1	Approve Discharge of Directors	For	For	Management
5.2	Approve Discharge of Auditors	For	For	Management
6.1	Accept Resignation of Jean-Pierre Standaert as Director and Leave Vacant His Mandate	For	For	Management
6.2	Elect Director Following Resignation of Jean-Pierre Standaert	For	For	Management
6.3	Approve Renumeration of Directors in Aggregate Amount of EUR 330,000	For	For	Management
7	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
8	Transact Other Business	None	None	Management

425

UMICORE(FRMLY UNION MINIERE S.A.)

Ticker:		Security ID:	BE0003626372
Meeting Date:	MAR 19, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management

UMW HOLDINGS BERHAD

Ticker:		Security ID:	MYL4588OO009
Meeting Date:	AUG 27, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Increase Authorized Share Capital from MYR500 Million Comprising 500 Million Ordinary Shares to MYR600 Million Comprising 600 Million Ordinary Shares and to Amend Clause 5 of the Memorandum of Association Accordingly	For	For	Management
2	Approve Capitalization of Up to MYR203.23 Million in the Share Premium Account for a Two New Ordinary Shares for Every Three Existing Ordinary Shares Bonus Issue	For	For	Management

UNI-CHARM CORP.

Ticker:		Security ID:	JP3951600000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 14, Final JY 14, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Clarify Director Authorities in Connection with the Introduction of Executive Officer System - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management
6	Approve Retirement Bonus for Statutory Auditor	For	For	Management

426

UNICREDITO ITALIANO SPA (FORM .CREDITO ITALIANO)

Ticker:		Security ID:	IT0000064854
Meeting Date:	JUN 25, 2004	Meeting Type:	Special
Record Date:	JUN 18, 2004

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

UNICREDITO ITALIANO SPA (FORM .CREDITO ITALIANO)

Ticker:		Security ID:	IT0000064854
Meeting Date:	APR 30, 2004	Meeting Type:	Annual/Special
Record Date:	APR 23, 2004

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

UNILEVER N.V.

Ticker:	UN	Security ID:	NL0000009348
Meeting Date:	MAY 12, 2004	Meeting Type:	Annual
Record Date:	MAY 5, 2004

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

427

UNILEVER PLC

Ticker:	UL	Security ID:	GB0005748735
Meeting Date:	MAY 12, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 11.92 Pence Per Ordinary Share	For	For	Management
4	Re-elect Niall Fitzgerald as Director	For	For	Management
5	Re-elect Antony Burgmans as Director	For	For	Management
6	Re-elect Clive Butler as Director	For	For	Management
7	Re-elect Patrick Cescau as Director	For	For	Management
8	Re-elect Keki Dadiseth as Director	For	For	Management
9	Re-elect Andre baron van Heemstra as Director	For	For	Management
10	Re-elect Rudy Markham as Director	For	For	Management
11	Elect Kees van der Graaf as Director	For	For	Management
12	Re-elect Lord Brittan of Spennithorne as Director	For	For	Management
13	Re-elect Baroness Chalker of Wallasey as Director	For	For	Management
14	Re-elect Bertrand Collomb as Director	For	For	Management
15	Re-elect Wim Dik as Director	For	For	Management
16	Re-elect Oscar Fanjul as Director	For	For	Management
17	Re-elect Claudio Gonzalez as Director	For	For	Management
18	Re-elect Hilmar Kopper as Director	For	For	Management
19	Re-elect The Lord Simon of Highbury as Director	For	For	Management
20	Re-elect Jeroen van der Veer as Director	For	For	Management
21	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
22	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
23	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 13,450,000	For	For	Management
24	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2 Million	For	For	Management
25	Authorise 290 Million Ordinary Shares for Market Purchase	For	For	Management
26	Amend Articles of Association Re: New Corporate Governance Arrangements	For	For	Management
27	Amend Articles of Association Re: Treasury Shares	For	For	Management

428

UNION FENOSA

Ticker:		Security ID:	ES0181380017
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income	For	For	Management
3	Approve Auditors	For	For	Management
4	Amend Articles Re: Spanish Law Compliance, Vote Instructions and Representation, Shareholder Information Rights, Remote Voting, Management’s Remuneration, and Audit Committee	For	Against	Management
5	Amend General Meeting Guidelines	For	For	Management
6	Elect Members to Management Board	For	For	Management
7	Authorize Repurchase of Shares	For	For	Management
8	Amend Terms of Convertible Non-rights Bond Issuance Authorization Granted at June 17, 2003 AGM	For	Against	Management
9	Accept Report Re: Board of Directors’ Guidelines	For	For	Management
10	Approve Listing and Delisting of Securities in Secondary Markets	For	For	Management
11	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management
12	Approve Minutes of Meeting	For	For	Management

429

UNITED BUSINESS MEDIA PLC (FM. UNITED NEWS & MEDIA PLC)

Ticker:	UNEWY	Security ID:	GB0030224215
Meeting Date:	MAY 6, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 5.7 Pence Per Share	For	For	Management
4	Re-elect John Botts as Director	For	For	Management
5	Re-elect Malcolm Wall as Director	For	For	Management
6	Re-appoint Ernst and Young LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
7	Authorise 33,582,615 Ordinary Shares for Market Purchase	For	For	Management
8	Authorise 6,212,819 B Shares for Market Purchase	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 27,985,513	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 4,197,827	For	For	Management
11	Authorise EU Political Donations and Incur EU Political Expenditure up to Aggregate Nominal Amount of GBP 100,000	For	For	Management
12	Approve United Business Media 2004 Uk and International Sharesave Schemes	For	For	Management

UNITED OVERSEAS BANK

Ticker:	UOVEY	Security ID:	SG1M31001969
Meeting Date:	APR 29, 2004	Meeting Type:	Special
Record Date:

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

UNITED OVERSEAS BANK

Ticker:	UOVEY	Security ID:	SG1M31001969
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

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

430

UNITED OVERSEAS LAND LTD.

Ticker:		Security ID:	SG1S83002349
Meeting Date:	APR 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare First and Final Dividend of SGD 0.075 Per Share	For	For	Management
3	Approve Directors’ Fees of SGD 251,000 for the Year Ended Dec. 31, 2003	For	For	Management
4a	Reappoint Wee Cho Yaw as Director	For	For	Management
4b	Reappoint Lim Kee Ming as Director	For	For	Management
4c	Reappoint Alan Choe Fook Cheong as Director	For	For	Management
5	Reelect Wee Ee Cheong as Director	For	For	Management
6	Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7a	Approve Issuance of Shares and Grant of Options Pursuant to the 2000 Share Option Scheme	For	Against	Management
7b	Approve Issuance of Shares without Preemptive Rights	For	For	Management

UNY CO. LTD.

Ticker:		Security ID:	JP3949600005
Meeting Date:	MAY 18, 2004	Meeting Type:	Annual
Record Date:	FEB 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 9, Final JY 9, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

431

UPM-KYMMENE OY (FORMERLY KYMMENE CORP.)

Ticker:	UPM	Security ID:	FI0009005987
Meeting Date:	MAR 24, 2004	Meeting Type:	Annual
Record Date:	MAR 12, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements and Statutory Reports	None	None	Management
1.2	Accept Financial Statements and Statutory Reports	For	For	Management
1.3	Approve Allocation of Income and Dividends of EUR 0.75 Per Share	For	For	Management
1.4	Approve Discharge of Board and President	For	For	Management
1.5	Fix Number of Directors	For	For	Management
1.6	Approve Remuneration of Directors	For	For	Management
1.7	ElectDirectors	For	For	Management
1.8	Appoint Auditors and Deputy Auditors	For	For	Management
2	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	For	Management
3	Authorize Reissuance of Repurchased Shares	For	For	Management
4	Approve Issuance of Shares and/or Convertible Bonds Up to EUR 178 Million Nominal Value without Preemptive Rights	For	For	Management

UPONOR (FORMERLY ASKO OYJ)

Ticker:		Security ID:	FI0009002158
Meeting Date:	MAR 17, 2004	Meeting Type:	Annual
Record Date:	MAR 5, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements	None	None	Management
1.2	Receive Auditors’ Reports	None	None	Management
1.3	Accept Financial Statements and Statutory Reports	For	For	Management
1.4	Approve Allocation of Income and Dividends of EUR 2 Per Share	For	For	Management
1.5	Approve Discharge of Board and President	For	For	Management
1.6	Approve Remuneration of Directors	For	For	Management
1.7	Determine Number of Members and Deputy Members of Board	For	For	Management
1.8	Elect Directors	For	For	Management
1.9	Reelect KPMG Wideri Oy Ab as Auditors	For	For	Management
2	Approve EUR 1.1 Million Reduction in Share Capital via Share Cancellation	For	For	Management
3	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	For	Management

432

USHIO INC.

Ticker:		Security ID:	JP3156400008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 15, Special JY 5	For	For	Management
2	Amend Articles to: Increase Number of Internal Auditors - Expand Board Eligibility - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management
6	Approve Adjustment to Aggregate Compensation Ceiling for Statutory Auditors	For	For	Management

USS CO., LTD.

Ticker:		Security ID:	JP3944130008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 25, Final JY 25, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
4	Approve Executive Stock Option Plan	For	For	Management

433

VALEO

Ticker:	VLEEY	Security ID:	FR0000130338
Meeting Date:	MAR 26, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
4	Approve Accounting Transfer of Holdings Account Balance to Carry-Forward Account	For	For	Management
5	Approve Accounting Transfer of Special Reserves Account Balance to Ordinary Reserves Account	For	For	Management
6	Approve Allocation of Income and Net Dividends of EUR 1.05 per Share	For	For	Management
7	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
8	Ratify PricewaterhouseCoopers Audit S.A. as Auditors	For	For	Management
9	Ratify RSM Salustro Reydel as Auditors	For	For	Management
10	Ratify Yves Nicolas as Alternate Auditors	For	For	Management
11	Ratify Philippe Arnaud as Alternate Auditors	For	For	Management
12	Approve Stock Option Plan Grants	For	Against	Management
13	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
14	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 76.22 Million and Set Global Limit for Capital Increase to Result From All Issuance Requests Under Items 14-16 to EUR 100 Million	For	For	Management
15	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 76.22 Million and Set Global Limit for Capital Increase to Result From All Issuance Requests Under Items 14-16 to EUR 100 Million	For	For	Management
16	Authorize Capitalization of Reserves for Bonus Issue or Increase in Par Value to an Aggregate Amount of EUR 76.22 Million and Set Global Limit for Capital Increase to Result From All Issuance Requests Under Items 14-16 to EUR 100 Million	For	For	Management
17	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan up to Aggregate Nominal Amount of EUR 3.45 Million	For	For	Management
18	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan up to Aggregate Nominal Amount of EUR 150,000	For	For	Management
19	Approve Issuance of Shares to Societe Generale for Use in Savings-Related Share Purchase Plan for Company Employees Located Outside France	For	For	Management
20	Approve Issuance of Shares with Warrants Attached to Participants of Savings-Related Share Purchase Plan	For	For	Management
21	Amend Articles of Association Pursuant to 2003 Financial Security Legislation Re: Shareholding Disclosure	For	Against	Management
22	Amend Articles of Association Pursuant to 2003 Financial Security Legislation Re: Powers of Chairman	For	For	Management
23	Amend Articles of Association Pursuant to 2003 Financial Security Legislation Re: Powers of Management Board	For	For	Management
24	Amend Articles of Association Pursuant to 2003 Financial Security Legislation Re: Related-Party Transactions	For	Against	Management
25	Authorize Filing of Required Documents/Other Formalities	For	For	Management

434

VALORA HOLDING AG (FORMERLY MERKUR HOLDING)

Ticker:		Security ID:	CH0002088976
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Discharge of Board and Senior Management	For	For	Management
3	Approve Allocation of Income and Dividends of CHF 9.00 per Share	For	For	Management
4.1	Reelect Peter Kuepfer, Fritz Frohofer, and Fritz Ammann as Directors.	For	For	Management
4.2	Reelect PricewaterhouseCoopers AG as Auditors	For	For	Management

VALORA HOLDING AG (FORMERLY MERKUR HOLDING)

Ticker:		Security ID:	CH0002088976
Meeting Date:	NOV 26, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve CHF 1.8 Million Reduction in Share Capital via Cancellation of Shares	For	For	Management
2	Authorize Repurchase of up to 11 Percent of Issued Share Capital	For	For	Management
3	Other Business (Non-Voting)	None	None	Management

435

VEDIOR NV

Ticker:		Security ID:	NL0000390854
Meeting Date:	MAY 7, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Approve Financial Statements, Allocation of Income and Dividends of EUR 0.16 Per Share	For	Did Not Vote	Management
3	Approve Discharge of Management and Supervisory Boards	For	Did Not Vote	Management
4	Discussion about Company’s Corporate Governance Report	None	Did Not Vote	Management
5	Grant Board Authority to Issue All Authorized Yet Unissued Shares Restricting/Excluding Preemptive Rights	For	Did Not Vote	Management
6	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	Did Not Vote	Management
7	Reelect R. Laan to Supervisory Board	For	Did Not Vote	Management
8	Reelect Deloitte & Accountants as Auditors	For	Did Not Vote	Management
9	Amend Articles Re: Amendments to Comply with Dutch Corporate Governance Code	For	Did Not Vote	Management
10	Approve Remuneration Policy for Management Board Members	For	Did Not Vote	Management
11	Approve Stock Option Plan and Restricted Share Plan for Management Board Members; Approve Employee Stock Purchase Plan for U.S. Based Employees	For	Did Not Vote	Management
12	Other Business	None	Did Not Vote	Management
13	Close Meeting	None	Did Not Vote	Management

VENTURE CORPORATION LTD (FRMLY VENTURE MANUFACTURING)

Ticker:		Security ID:	SG0531000230
Meeting Date:	APR 30, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles of Association	For	For	Management
2	Approve Issuance of Shares without Preemptive Rights	For	For	Management
3	Adopt Venture Corporation Executives’ Share Option Scheme	For	For	Management

VENTURE CORPORATION LTD (FRMLY VENTURE MANUFACTURING)

Ticker:		Security ID:	SG0531000230
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final and Bonus Dividends	For	For	Management
3	Reelect Soo Eng Hiong as Director	For	For	Management
4	Reelect Goh Geok Ling as Director	For	For	Management
5	Reelect Goon Kok Loon as Director	For	For	Management
6	Reelect Cecil Vivian Richard Wong as Director	For	For	Management
7	Approve Directors’ Fees of SGD 86,000	For	For	Management
8	Reappoint Deloiotte & Touche as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Approve Issuance of Shares without Preemptive Rights	For	For	Management
10	Approve Issuance of Shares and Grant of Options Pursuant to the Venture Manufacturing (Singapore) Ltd. Executives’ Share Option Scheme	For	For	Management

436

VEOLIA ENVIRONNEMENT (FORMERLY VIVENDI ENVIRONMENT)

Ticker:		Security ID:	FR0000124141
Meeting Date:	MAY 12, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Non-Tax Deductible Expenses	For	For	Management
4	Approve Allocation of Income and Dividends of EUR 0.825 per Share	For	For	Management
5	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
6	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
7	Authorize Issuance of Bonds/Debentures in the Aggregate Nominal Value of EUR 7 Billion	For	Against	Management
8	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 1 Billion	For	For	Management
9	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 1 Billion	For	Against	Management
10	Authorize Capitalization of Reserves of Up to EUR 370 Million for Bonus Issue or Increase in Par Value and Set Global Limit for All Capital Increases Pursuant to Items 8, 9, and 10 at EUR 2.37 Billion	For	For	Management
11	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
12	Approve Stock Option Plan Grants	For	Against	Management
13	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
14	Authorize Filing of Required Documents/Other Formalities	For	For	Management

437

VESTAS WIND SYSTEM AS

Ticker:		Security ID:	DK0010268606
Meeting Date:	DEC 30, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Issuance of 26.3 Million Shares in Connection with Acquisition of Neg Micon A/S	For	For	Management

VESTAS WIND SYSTEM AS

Ticker:		Security ID:	DK0010268606
Meeting Date:	APR 21, 2004	Meeting Type:	Annual
Record Date:	MAR 25, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Report of Board	None	None	Management
2	Accept Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Omission of Dividends	For	For	Management
4	Approve Discharge of Management and Board	For	For	Management
5	Reelect Bent Carlsen, Arne Pedersen, Joergen Rasmussen, Torsten Rasmussen as Directors; Elect Joern Thomsen and Freddy Frandsen as New Directors	For	For	Management
6	Ratify PricewaterhouseCoopers and KPMG C. Jespersen as Auditors	For	For	Management
7.1	Change Location of Registered Office to Municipality of Randers	For	For	Management
7.2	Extend Authorization to Create DKK 10.3 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
7.3	Approve Creation of DKK 45 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
7.4	Decrease Pool of Conditional Capital Reserved For Warrants Program for Key Employees From DKK 293,667 to DKK 170,332 Due to Unexercised Warrants	For	For	Management
7.5	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
8	Other Business (Non-Voting)	None	None	Management

VIMPEL COMMUNICATIONS AO

Ticker:	VIP	Security ID:	68370R109
Meeting Date:	OCT 24, 2003	Meeting Type:	Special
Record Date:	SEP 8, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Acquisition of VimpelCom-R	For	For	Management
2	Approve Acquisition of VimpelCom-R as an Interested Party Transaction	For	For	Management
3	Issue Shares in Connection with Acquisition of VimpelCom-R	For	For	Management
4	Approve Conversion of 3,320 VimpelCom-R Shares Owned by Eco Telecom Ltd. into 7.3 Million VimpelCom Shares as an Interested Party Transaction	For	For	Management
5	Approve Conversion of 1,659 VimpelCom-R Shares Owned by Telenor East Invest AS into 3.6 Million VimpelCom Shares as an Interested Party Transaction	For	For	Management

438

VIMPEL COMMUNICATIONS AO

Ticker:	VIP	Security ID:	68370R109
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual
Record Date:	APR 8, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	APPROVAL OF THE 2003 VIMPELCOM ANNUAL REPORT.	For	For	Management
2	APPROVAL OF VIMPELCOM S ACCOUNTING STATEMENTS, INCLUDING PROFIT AND LOSS STATEMENT FOR 2003.	For	For	Management
3	ALLOCATION OF PROFITS AND LOSSES RESULTING FROM 2003 OPERATIONS, ALL AS MORE FULLY DESCRIBED IN THE NOTICE.	For	For	Management
4.1	Elect Director Mikhail M. Fridman	For	For	Management
4.2	Elect Director Arve Johansen	For	For	Management
4.3	Elect Director Pavel V. Kulikov	For	For	Management
4.4	Elect Director Jo Lunder	For	For	Management
4.5	Elect Director Alexey M. Reznikovich	For	For	Management
4.6	Elect Director Alex Sozonoff	For	For	Management
4.7	Elect Director Terje Thon	For	For	Management
4.8	Elect Director Henrik Torgersen	For	For	Management
4.9	Elect Director Natalia S. Tsukanova	For	For	Management
5	ELECTION OF THE AUDIT COMMISSION.	For	For	Management
6	APPROVAL OF THE AMENDED AND RESTATED REGULATIONS OF THE AUDIT COMMISSION.	For	For	Management
7	APPROVAL OF EXTERNAL AUDITORS.	For	For	Management
8	APPROVAL OF A SERIES OF INTERESTED PARTY TRANSACTIONS RELATING TO DEBT FINANCING OF AND/OR LEASES TO VIMPELCOM-REGION.	For	For	Management
9	APPROVAL OF REORGANIZATION OF VIMPELCOM THROUGH STATUTORY MERGER OF KB IMPLUS INTO VIMPELCOM AND OF THE MERGER AGREEMENT BETWEEN VIMPELCOM AND KB IMPULS.	For	For	Management
10	APPROVAL OF STATUTORY MERGER (INCLUDING RELATED MERGER AGREEMENT BETWEEN VIMPELCOM AND KB IMPULS), AS AN INTERESTED PARTY TRANSACTION.	For	For	Management

VIMPEL COMMUNICATIONS AO

Ticker:	VIP	Security ID:	68370R109
Meeting Date:	APR 16, 2004	Meeting Type:	Special
Record Date:	MAR 1, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	APPROVAL OF THE AMENDMENTS TO THE CHARTER OF VIMPELCOM.	For	For	Management

439

VINCI (FORMERLY SOCIETE GENERALE D’ENTREPRISES)

Ticker:		Security ID:	FR0000125486
Meeting Date:	APR 23, 2004	Meeting Type:	Annual/Special
Record Date:

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

440

VIVENDI UNIVERSAL SA (FORMERLY VIVENDI)

Ticker:	V	Security ID:	FR0000127771
Meeting Date:	MAY 6, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
4	Approve Allocation of Income and Omission of Dividends	For	For	Management
5	Reelect Jean-Rene Fourtou as Director	For	For	Management
6	Reelect Claude Bebear as Director	For	For	Management
7	Reelect Gerard Bremond as Director	For	For	Management
8	Reelect Bertrand Collomb as Director	For	For	Management
9	Reelect Paul Fribourg as Director	For	For	Management
10	Reelect Gerard Kleisterlee as Director	For	For	Management
11	Reelect Henri Lachmann as Director	For	For	Management
12	Elect Karel Van Miert as Director	For	For	Management
13	Elect Pierre Rodocanachi as Director	For	For	Management
14	Ratify Cooptation of Gabriel Hawawini as Director	For	For	Management
15	Authorize Issuance of Bonds/Debentures in the Aggregate Value of Up to EUR 7 Billion	For	For	Management
16	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	For	Management
17	Authorize Filing of Required Documents/Other Formalities	For	For	Management

VNU (NV VERENIGD BEZIT VNU)

Ticker:	VNULY	Security ID:	NL0000389872
Meeting Date:	APR 20, 2004	Meeting Type:	Annual
Record Date:	APR 13, 2004

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

441

VODAFONE GROUP PLC

Ticker:		Security ID:	GB0007192106
Meeting Date:	JUL 27, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Re-elect Peter Bamford as Director	For	For	Management
4	Re-elect Julian Horn-Smith as Director	For	For	Management
5	Re-elect Sir David Scholey as Director	For	For	Management
6	Elect Luc Vandevelde as Director	For	For	Management
7	Approve Final Dividend of 1.0780 Pence Per Ordinary Share	For	For	Management
8	Re-appoint Deloitte and Touche LLP as Auditors of the Company	For	For	Management
9	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
10	Authorise the Company and Any Company Which is or Becomes a Subsidiary of the Company to Make EU Political Donations or Incur EU Political Expenditure up to Aggregate Nominal Amount of GBP 100,000	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of USD 900 Million	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of USD 330 Million	For	For	Management
13	Authorise 6.6 Billion Ordinary Shares for Market Purchase	For	For	Management
14	Authorise 660 Million Ordinary Shares for Market Purchase Pursuant to Contingent Purchase Contracts	For	For	Management

VODAFONE GROUP PLC

Ticker:		Security ID:	GB0007192106
Meeting Date:	JUL 30, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Reelect Lord MacLaurin of Knebworth as Director	For	For	Management
4	Reelect Kenneth Hydon as Director	For	For	Management
5	Reelect Thomas Geitner as Director	For	For	Management
6	Reelect Alec Broers as Director	For	For	Management
7	Reelect Juergen Schrempp as Director	For	For	Management
8	Elect John Buchanan as Director	For	For	Management
9	Approve Final Dividend of 0.8983 Pence Per Share	For	For	Management
10	Ratify Deloitte and Touche as Auditors	For	For	Management
11	Authorize Board to Fix Remuneration of Auditors	For	For	Management
12	Authorize EU Political Donations up to GBP 100,000	For	For	Management
13	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of USD 900,000,000	For	For	Management
14	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of USD 340,000,000	For	For	Management
15	Authorize 6,800,000,000 Shares for Share Repurchase Program	For	For	Management

442

VOEST ALPINE AG (FORMERLY VOEST-ALPINE STAHL AG)

Ticker:		Security ID:	AT0000937503
Meeting Date:	JUL 1, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Approve Remuneration of Directors	For	For	Management
6	Ratify Auditors	For	For	Management
7	Elect Supervisory Board Members	For	For	Management
8	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
9	Amend 2001 Stock Option Plan	For	For	Management
10	Amend Articles Re: Supervisory Board Size	For	For	Management

VOEST ALPINE AG (FORMERLY VOEST-ALPINE STAHL AG)

Ticker:		Security ID:	AT0000937503
Meeting Date:	JUL 1, 2003	Meeting Type:	Annual
Record Date:	JUN 25, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Approve Remuneration of Directors	For	For	Management
6	Ratify Auditors	For	For	Management
7	Authorize Repurchase of Up to Ten Percent of Issued Share Capital; Authorize Board to Issue Repurchased Shares as New Shares without Preemptive Rights	For	For	Management

443

VOLKSWAGEN AG (VW)

Ticker:	VWAG	Security ID:	DE0007664005
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
1	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
2	Approve Allocation of Income and Dividends of EUR 1.05 per Common Share and EUR 1.11 per Preferred Share	For	For	Management
2	Approve Allocation of Income and Dividends of EUR 1.05 per Common Share and EUR 1.11 per Preferred Share	For	Did Not Vote	Management
3	Approve Discharge of Management Board	For	For	Management
3	Approve Discharge of Management Board	For	Did Not Vote	Management
4	Approve Discharge of Supervisory Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	Did Not Vote	Management
5	Approve Creation of EUR 400 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
5	Approve Creation of EUR 400 Million Pool of Conditional Capital with Preemptive Rights	For	Did Not Vote	Management
6	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 5 Billion with Preemptive Rights; Approve Creation of EUR 100 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
6	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 5 Billion with Preemptive Rights; Approve Creation of EUR 100 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	Did Not Vote	Management
7	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
7	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	Did Not Vote	Management
8	Approve Affiliation Agreements with Subsidiaries (Volkswagen Coaching GmbH)	For	For	Management
8	Approve Affiliation Agreements with Subsidiaries (Volkswagen Coaching GmbH)	For	Did Not Vote	Management
9	Ratify PwC Deutsche Revision AG as Auditors	For	For	Management
9	Ratify PwC Deutsche Revision AG as Auditors	For	Did Not Vote	Management

444

VOLKSWAGEN AG (VW)

Ticker:	VWAG	Security ID:	5497168
Meeting Date:	APR 22, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Announcement of Resolutions Passed at 2004 AGM Re: Issuance of New Shares	None	None	Management
2	Approve Creation of EUR 400 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
3	Announcement of Resolutions Passed at 2004 AGM Re: Issuance of New Bonds	None	None	Management
4	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 5 Billion with Preemptive Rights; Approve Creation of EUR 100 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management

VOLKSWAGEN AG (VW)

Ticker:	VWAG	Security ID:	DE0007664039
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
1	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
2	Approve Allocation of Income and Dividends of EUR 1.05 per Common Share and EUR 1.11 per Preferred Share	For	For	Management
2	Approve Allocation of Income and Dividends of EUR 1.05 per Common Share and EUR 1.11 per Preferred Share	For	Did Not Vote	Management
3	Approve Discharge of Management Board	For	For	Management
3	Approve Discharge of Management Board	For	Did Not Vote	Management
4	Approve Discharge of Supervisory Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	Did Not Vote	Management
5	Approve Creation of EUR 400 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
5	Approve Creation of EUR 400 Million Pool of Conditional Capital with Preemptive Rights	For	Did Not Vote	Management
6	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 5 Billion with Preemptive Rights; Approve Creation of EUR 100 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
6	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 5 Billion with Preemptive Rights; Approve Creation of EUR 100 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	Did Not Vote	Management
7	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
7	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	Did Not Vote	Management
8	Approve Affiliation Agreements with Subsidiaries (Volkswagen Coaching GmbH)	For	For	Management
8	Approve Affiliation Agreements with Subsidiaries (Volkswagen Coaching GmbH)	For	Did Not Vote	Management
9	Ratify PwC Deutsche Revision AG as Auditors	For	For	Management
9	Ratify PwC Deutsche Revision AG as Auditors	For	Did Not Vote	Management

445

VOLVO AB

Ticker:	VOLVY	Security ID:	4937728
Meeting Date:	APR 16, 2004	Meeting Type:	Annual
Record Date:	APR 6, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive Board and Committee Reports	None	Did Not Vote	Management
8	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
9	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
10	Approve Allocation of Income and Dividends of SEK 8 Per Share; Approve Distribution of an Aggregate of 27.1 Million Shares in Ainax AB	For	Did Not Vote	Management
11	Approve Discharge of Board and President	For	Did Not Vote	Management
12	Determine Number of Members (9) and Deputy Members (0) of Board	For	Did Not Vote	Management
13	Approve Remuneration of Directors in the Aggregate Amount of SEK 4.8 Million	For	Did Not Vote	Management
14	Reelect Per-Olof Eriksson, Patrick Faure, Haruko Fukuda, Tom Hedelius, Leif Johansson, Finn Johnsson, Neelie Kroes, Louis Schweitzer, and Ken Whipple as Directors	For	Did Not Vote	Management
15.1	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management
15.2	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
16	Authorize Repurchase of Up to Ten Percent of Issued Share Capital; Authorize Reissuance of Repurchased Capital	For	Did Not Vote	Management
17	Approve Reissuance of 1.2 Million Repurchased Class B Shares to Guarantee Conversion Rights of 2002 Stock Option Plan	For	Did Not Vote	Management
18.1	Approve Incentive Plan for Key Employees	For	Did Not Vote	Management
18.2	Approve Reissuance of 110,000 Repurchased Class B Shares for Incentive Plan (Item 18.1)	For	Did Not Vote	Management
19	Shareholder Proposal: Allow Voluntary Conversion of Class A Shares into Class B Shares	Against	Did Not Vote	Shareholder

446

WACOAL CORP.

Ticker:	WACLY	Security ID:	JP3992400006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 15, Special JY 0	For	For	Management
2	Amend Articles to: Decrease Authorized Capital to Reflect -Share Repurchase - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management

WARTSILA OYJ (FORMERLY METRA OY)

Ticker:		Security ID:	FI0009003727
Meeting Date:	MAR 15, 2004	Meeting Type:	Annual
Record Date:	MAR 5, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements and Statutory Reports	None	None	Management
1.2	Receive Auditor’s Report	None	None	Management
1.3	Accept Financial Statements and Statutory Reports	For	For	Management
1.4	Approve Allocation of Income and Dividends of EUR 0.75 Per Share	For	For	Management
1.5	Approve Discharge of Board and President	For	For	Management
1.6	Approve Remuneration of Directors	For	For	Management
1.7	Fix Number of Directors at Seven	For	For	Management
1.8	Approve Remuneration of Auditors	For	For	Management
1.9	Fix Number of Auditors	For	For	Management
1.10	Elect Heikki Allonen, Goeran Ehrnrooth, Risto Hautamaeki, Jaakko Iloniemi, Antti Lagerroos, Bertel Langenskioeld, and Paavo Pitkaenen as Directors	For	For	Management
1.11	Ratify KHT-Yhteisoe KPMG Wideri Oy Ab as Auditors	For	For	Management
2.1	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	For	Management
2.2	Authorize Reissuance of Repurchased Shares	For	For	Management

447

WESFARMERS LTD.

Ticker:		Security ID:	AU000000WES1
Meeting Date:	NOV 3, 2003	Meeting Type:	Annual
Record Date:	NOV 3, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1a	Elect P. A. Cross as Director	For	For	Management
1b	Elect T. J. Flugge as Director	For	For	Management
1c	Elect L. A. Giglia as Director	For	For	Management
1d	Elect C. Macek as Director	For	For	Management
2	Amend Constitution	For	For	Management

WESFARMERS LTD.

Ticker:		Security ID:	AU000000WES1
Meeting Date:	DEC 5, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Capital Return of A$2.50 Per Fully Paid Ordinary Share	For	For	Management

WEST JAPAN RAILWAY CO

Ticker:		Security ID:	JP3659000008
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 2500, Final JY 2500, Special JY 1500	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management

448

WESTFIELD HOLDINGS

Ticker:		Security ID:	AU000000WSF8
Meeting Date:	JUN 25, 2004	Meeting Type:	Court
Record Date:	JUN 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Share Scheme Resolution	For	For	Management

WESTFIELD HOLDINGS

Ticker:		Security ID:	AU000000WSF8
Meeting Date:	NOV 14, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Elect Carla Zampatti as Director	For	For	Management
3	Elect Robert Ferguson as Director	For	For	Management
4	Elect David Lowy as Director	For	For	Management
5	Elect Frank Lowy as Director	For	For	Management

WESTFIELD HOLDINGS

Ticker:		Security ID:	AU000000WSF8
Meeting Date:	JUN 25, 2004	Meeting Type:	Special
Record Date:	JUN 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Constitution Amendment Resolution	For	For	Management
2	Approve Stapling Deed Resolution	For	For	Management

WESTFIELD TRUST

Ticker:		Security ID:	AU0000WFTNA7
Meeting Date:	JUN 25, 2004	Meeting Type:	Special
Record Date:	JUN 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Amendments to Constitution	For	For	Management
2	Approve Merger	For	For	Management

449

AMMB HOLDINGS BERHAD

Ticker:		Security ID:	MYL1015OO006
Meeting Date:	SEP 24, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Arab-Malaysian Corporation Bhd Group	For	For	Management
2	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with AMFB Holdings Bhd Group	For	For	Management
3	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Unigaya Protection System Sdn Bhd	For	For	Management
4	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with AMDB Bhd Group	For	For	Management
5	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Computer Systems Advisers (M) Bhd Group	For	For	Management
6	Authorize Issuance of New Ordinary Shares of MYR1.00 Each in the Company Pursuant to the Exercise of the Subscription Rights Comprised in the Five-Year Warrants 2003/2008	For	For	Management

AMP LIMITED

Ticker:		Security ID:	AU000000AMP6
Meeting Date:	DEC 9, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the Cancellation of the Cancellation Number Scheme Shares and then Convert the Remaining Number Scheme Shares Equal to the Original Number Scheme Shares	For	For	Management
1	Approve Cancellation of 11.5 Million RPS Preference Shares	For	For	Management

AMP LIMITED

Ticker:		Security ID:	AU000000AMP6
Meeting Date:	MAY 20, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	None	None	Management
2a	Elect P Handley as Director	For	For	Management
2b	Elect P Mason as Director	For	For	Management
2c	Elect N Scheinkestel as Director	For	For	Management
3	Approve Reduction in the Aggregate Maximum Fees to AUD1.5 Million Plus Statutory Superannuation Guarantee Contributions	For	For	Management

25

ANGANG NEW STEEL COMPANY

Ticker:		Security ID:	CN0009082362
Meeting Date:	JUN 15, 2004	Meeting Type:	Annual
Record Date:	MAY 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Report of the Directors	For	For	Management
2	Accept Report of the Supervisory Committee	For	For	Management
3	Accept Financial Statements	For	For	Management
4	Approve Proposed Profit Distribution Plan	For	For	Management
5	Approve Remuneration of Directors and Supervisors	For	For	Management
6	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Approve Asset Purchase Agreement Between Angang New Steel Co. and Anshan Iron & Steel Group Complex	For	For	Management
8a	Amend Articles Re: Voting at General Meetings	For	For	Management
8b	Amend Articles Re: Nomination of Directors	For	For	Management
8c	Amend Articles Re: Special Resolutions	For	For	Management
8d	Amend Articles Re: Associates to Directors, Supervisors, Managers or Other Senior Management Officers	For	For	Management
8e	Amend Articles Re: Material Interest of Directors in Contracts Entered into by the Company	For	For	Management
8f	Amend Articles Re: Adoption of Articles of Association	For	For	Management
9	Authorize Board to Effect Proposed Changes to the Articles of Association	For	For	Management
10	Other Business (Voting)	For	Against	Management

ANSELL LTD

Ticker:	PDLPY	Security ID:	AU000000ANN9
Meeting Date:	OCT 9, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	None	None	Management
2a	Elect I. Dale Crandall as Director	For	For	Management
2b	Elect Herbert J. Elliott as Director	For	For	Management

26

ANTENA 3 DE TELEVISION SA, MADRID

Ticker:		Security ID:	ES0109427635
Meeting Date:	MAY 12, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Group and Individual Financial Statements, Allocation of Income, and Discharge Directors	For	For	Management
2	Approve Necessary Steps to Ensure Stability of Company Subsidiary Uniprex	For	For	Management
3	Ratify Appointment of Directors to Management Board	For	For	Management
4	Approve Remuneration of Directors At Maximum Aggregate EUR 3 Million	For	For	Management
5	Approve Incentive Compensation Scheme	For	For	Management
6	Authorize Repurchase of Shares	For	For	Management
7	Approve Deloitte and Touche Esapana S.L as Auditors	For	For	Management
8	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

ARACRUZ CELULOSE

Ticker:		Security ID:	BRARCZACNPB3
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Approve Allocation of Income and Dividends	For	Did Not Vote	Management
3	Discuss Reelection of Supervisory Board; Elect Principals and Alternates	For	Did Not Vote	Management
4	Approve Global Annual Remuneration of Directors and Supervisory Board Members	For	Did Not Vote	Management
5	Elect Directors	For	Did Not Vote	Management
6	Authorize Reissuance of 86,421 Repurchased Shares of Subsidiary Aracruz Produtos de Madeira	For	Did Not Vote	Management
7	Amend Article 26 Re: Restructure and Permanent Establishment of Supervisory Board	For	Did Not Vote	Management
8	Transact Other Business (Voting)	For	Did Not Vote	Management

27

ARCELOR S.A.

Ticker:		Security ID:	LU0140205948
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Report of Board of Directors and Opinions of Independent Auditor on the Annual Accounts and the Consolidated Accounts	None	None	Management
2	Approve Annual Accounts	For	For	Management
3	Approve Consolidated Accounts	For	For	Management
4	Approve Allocation of Income and Dividend; Approve Directors’ Remuneration	For	For	Management
5	Approve Discharge of Directors	For	For	Management
6	Accept Resignation of J. Lapeyre and D. Bouton; Appoint M. Marti and N. Forgeard as Directors	For	For	Management
7	Authorize the Repurchase of up to 10 Percent of the Company’s Shares for a Price of No Less than EUR 5 Per Share and No More than EUR 25 Per Share	For	For	Management
8	Ratify KPMG Audit as Auditors	For	For	Management

ARM HOLDINGS PLC

Ticker:		Security ID:	GB0000595859
Meeting Date:	APR 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve a Combined Interim and Final Dividend of 0.6 Pence Per Share	For	For	Management
3	Approve Remuneration Report	For	For	Management
4	Re-elect Warren East as Director	For	For	Management
5	Reappoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
6	Authorise 102,330,000 Shares for Market Purchase	For	For	Management
7	Adopt New Articles of Association	For	For	Management

ASAHI BREWERIES LTD.

Ticker:		Security ID:	JP3116000005
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 6.5, Final JY 6.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Executive Stock Option Plan	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
5	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Directors	For	For	Management
7	Approve Retirement Bonus for Statutory Auditor	For	For	Management

28

ASAHI GLASS CO. LTD.

Ticker:		Security ID:	JP3112000009
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 6.75, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Maximum Board Size from 30 to 15 - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
4	Approve Executive Stock Option Plan	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management
6	Approve Adjustment to Aggregate Compensation Ceiling for Directors	For	For	Management

ASAHI KASEI CORP. (FRM. ASAHI CHEMICAL INDUSTRY)

Ticker:		Security ID:	JP3111200006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Clarify Director Authorities - Authorize Share Repurchases at Board’s Discretion - Amend Business Lines	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

29

ASATSU-DK INC.

Ticker:		Security ID:	JP3109800007
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 9, Final JY 9, Special JY 0	For	For	Management
2	Approve Reduction in Legal Reserves	For	For	Management
3	Amend Articles to: Reduce Directors Term in Office - Authorize Share Repurchases at Board’s Discretion - Streamline Board Structure	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management
4.11	Elect Director	For	For	Management
4.12	Elect Director	For	For	Management
4.13	Elect Director	For	For	Management
4.14	Elect Director	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management

ASM PACIFIC TECHNOLOGY LTD.

Ticker:		Security ID:	KYG0535Q1174
Meeting Date:	APR 23, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles Re: Voting at General Meetings, Nomination of Directors, Appointment of Multiple Corporate Representatives by a Clearing House	For	For	Management
2	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
3	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
4	Authorize Reissuance of Repurchased Shares	For	For	Management

30

ASM PACIFIC TECHNOLOGY LTD.

Ticker:		Security ID:	KYG0535Q1174
Meeting Date:	APR 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$0.84 Per Share	For	For	Management
3	Elect Director and Authorize Board to Fix Their Remuneration	For	For	Management
4	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management

ASML HOLDING NV (FORMERLY ASM LITHOGRAPHY HLDG)

Ticker:		Security ID:	NL0000334365
Meeting Date:	MAR 18, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2	Approve Financial Statements and Statutory Reports	For	For	Management
3	Approve Reserves and Dividend Policy	None	None	Management
4	Approve Discharge of Management Board	For	For	Management
5	Approve Discharge of Supervisory Board	For	For	Management
6	Discussion about Company’s Corporate Governance Report	None	None	Management
7	Approve Remuneration Policy for Management Board Members	For	For	Management
8.1	Approve Stock Option Plan for Management Board; Approve Reservation of 500,000 Shares to Guarantee Conversion Rights	For	For	Management
8.2	Approve Stock Option Plans for Other Employees; Approve Reservation of 4.5 Million Shares to Guarantee Conversion Rights	For	For	Management
9	Increase Size of Supervisory Board from Six to Seven Members; Reelect H. Bodt and Elect F. Froehlich and A. van der Poel to Supervisory Board	For	For	Management
10	Amend Articles Re: Changes to Company’s Corporate Governance Structure to Reflect Recommendations by Dutch Corporate Governance Code; Indemnification of Management and Supervisory Boards	For	For	Management
11	Grant Board Authority to Issue Authorized Yet Unissued Ordinary Shares Restricting/Excluding Preemptive Rights Up to 20 Percent of Issued Share Capital	For	For	Management
12	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
13	Other Business (Non-Voting)	None	None	Management
14	Close Meeting	None	None	Management

31

ASSA ABLOY

Ticker:		Security ID:	SE0000255648
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:	APR 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive President’s Report	None	Did Not Vote	Management
8	Receive Financial Statements and Statutory Reports; Receive Board Reports	None	Did Not Vote	Management
9.1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
9.2	Approve Allocation of Income and Dividends of SEK 1.25 Per Share	For	Did Not Vote	Management
9.3	Approve Record Date (April 30) for Dividend	For	Did Not Vote	Management
9.4	Approve Discharge of Board and President	For	Did Not Vote	Management
10	Determine Number of Members (10) and Deputy Members (0) of Board	For	Did Not Vote	Management
11	Approve Remuneration of Directors in the Aggregate Amount of SEK 4 Million	For	Did Not Vote	Management
12	Reelect Bo Dankis, Gustaf Douglas, Patricia O’Driscoll, Georg Ehrnrooth, Per-Olof Eriksson, Lotta Lunden, Sven-Christer Nilsson, Melker Schoerling, and Carl-Henrik Svanberg as Directors; Elect Carl Douglas as New Director	For	Did Not Vote	Management
13.1	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
13.2	Reelect Georg Ehrnrooth, Melker Schoerling, and Gustaf Douglas as Members of Nominating Committee and Authorize These Members to Appoint Two Representatives of Company’s Largest Shareholders to Serve on Nominating Committee	For	Did Not Vote	Management
14	Shareholder Proposal: Question to Board Concerning Absence of Policy on Human Rights	None	Did Not Vote	Shareholder
15	Approve Incentive Program for All Employees	For	Did Not Vote	Management

ASSICURAZIONI GENERALI SPA

Ticker:		Security ID:	IT0000062072
Meeting Date:	APR 19, 2004	Meeting Type:	Annual/Special
Record Date:	APR 14, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Elect Directors For the Three-Year Term 2004-2006	For	For	Management
1	Amend Articles of Association	For	Against	Management

32

ASTRAZENECA PLC (FORMERLY ZENECA PLC)

Ticker:	ZEN	Security ID:	0989529
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

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

33

ATLAS COPCO AB

Ticker:	AZKB60	Security ID:	4050971
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:	APR 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting; Elect Chairman of Meeting	For	Did Not Vote	Management
2	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
3	Approve Agenda of Meeting	For	Did Not Vote	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
5	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
7	Receive President’s Report	None	Did Not Vote	Management
8	Receive Board and Committee Reports	None	Did Not Vote	Management
9.1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
9.2	Approve Discharge of Board and President	For	Did Not Vote	Management
9.3	Approve Allocation of Income and Dividends of SEK 7.50 Per Share	For	Did Not Vote	Management
9.4	Approve Record Date (April 30) for Dividend	For	Did Not Vote	Management
10	Determine Number of Members (9) and Deputy Members (0) of Board	For	Did Not Vote	Management
11	Reelect Sune Carlsson, Jacob Wallenberg, Gunnar Brock, Staffan Boman, Kurt Hellstroem, Thomas Leysen, Ulla Litzen, and Anders Ullberg as Directors; Elect Grace Reksten Skaugen as New Director	For	Did Not Vote	Management
12	Approve Remuneration of Directors in the Aggregate Amount of SEK 3 Million; Approve Remuneration of SEK 500,000 for Committee Work	For	Did Not Vote	Management
13	Approve Stock Option and Stock Appreciation Rights Plan for Key Employees; Approve Reissuance of 950,000 Repurchased Shares to Guarantee Conversion Rights	For	Did Not Vote	Management
14.1	Shareholder Proposal: Approve Unification of Capital Structure without Compensation to Class A Shareholders	Against	Did Not Vote	Shareholder
14.2	Shareholder Proposal: Approve (Voluntary) Conversion of Class B Shares into Class A Shares	Against	Did Not Vote	Shareholder
15.1	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
15.2	Authorize Chairman of Board to Appoint Four Representatives of Company’s Largest Shareholders to Serve on Nominating Committee	For	Did Not Vote	Management
16	Close Meeting	None	Did Not Vote	Management

34

ATOS ORIGIN (FORMERLY ATOS)

Ticker:		Security ID:	5654781
Meeting Date:	JUN 4, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Discharge Management Board	For	For	Management
2	Approve Allocation of Income and Omission of Dividends	For	For	Management
3	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
4	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
5	Ratify Cooptation of Michel Soublin as Supervisory Board Member	For	For	Management
6	Ratify Cooptation of Didier Cherpitel as Supervisory Board Member	For	Against	Management
7	Ratify Alain Le Corvec as Supervisory Board Member	For	Against	Management
8	Approve Stock Option Plan Grants	For	Against	Management
9	Approve Non-Renewal of Authority to Increase Capital for Savings-Related Share Purchase Plan.	For	For	Management
10	Authorize Filing of Required Documents/Other Formalities	For	For	Management

AUSTRALIA & NZ BANKING GROUP LTD. (FORMERLY AUSTRALIA & NEW

Ticker:	ANZ	Security ID:	AU000000ANZ3
Meeting Date:	DEC 19, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	None	None	Management
2a	Reelect C Dahlsen as Director	For	For	Management
2b	Reelect CB Goode as Director	For	For	Management
2c	Elect Shareholder Nominee J I Buckland as Director	Against	Against	Shareholder

AUSTRALIA & NZ BANKING GROUP LTD. (FORMERLY AUSTRALIA & NEW

Ticker:	ANZ	Security ID:	AU000000ANZ3
Meeting Date:	AUG 13, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Confirm Member Approval to the Buy-Back Agreement Relating to the Redeemable Preference Shares Issued by the Company in 1998	For	For	Management
2	Amend Constitution	For	For	Management
3	Approve Issuance of 12.5 Million Reset Convertible Preference Shares	For	For	Management

35

AUSTRALIAN GAS LIGHT (AGL)

Ticker:		Security ID:	AU000000AGL7
Meeting Date:	OCT 14, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports For the Year Ended June 30, 2003	None	None	Management
2a	Elect Ronald Brierley as Director	For	For	Management
2b	Elect G. J. Reaney as Director	For	For	Management
3	Approve the Acquisition by G. J. W. Martin of Rights Under the Long-Term Incentive Plan for June 30, 2003	For	For	Management
4	Approve Increase in Remuneration of Directors in the Amount of AUD 1.2 Million Per Annum	For	For	Management

AUTOGRILL SPA

Ticker:		Security ID:	IT0001137345
Meeting Date:	APR 27, 2004	Meeting Type:	Annual/Special
Record Date:	APR 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management
1	Accept Financial Statements, Consolidated Accounts, and Statutory Reports	For	For	Management
2	Fix Number of Directors on the Board; Elect Directors For Fiscal Year 2004	For	For	Management
3	Adopt Rules Governing General Meetings	For	For	Management

AVENTIS SA (FORMERLY RHONE-POULENC)

Ticker:	AVE.X	Security ID:	FR0000130460
Meeting Date:	JUN 1, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 1.23 per Share	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
6	Ratify Yves Nicolas as Alternate Auditor	For	For	Management
7	Amend Article 7 to Reflect 2003 Legal Changes Re: Shareholding Disclosure Requirement	For	Against	Management
8	Amend Article 11 to Set Term of Management Board Members at Three Years, Down From Five Years Previously	For	For	Management
9	Amend Article 13 to Set Term of Supervisory Board Members at Three Years, Down From Five Years Previously	For	For	Management
10	Reelect Jean-Marc Bruel as Supervisory Board Member	For	For	Management
11	Reelect Martin Fruhauf as Supervisory Board Member	For	For	Management
12	Reelect Serge Kampf as Supervisory Board Member	For	For	Management
13	Reelect Hubert Markl as Supervisory Board Member	For	For	Management
14	Reelect Gunter Metz as Supervisory Board Member	For	For	Management
15	Reelect Didier Pineau-Valencienne as Supervisory Board Member	For	For	Management
16	Reelect Seham Razzouqi as Supervisory Board Member	For	For	Management
17	Reelect Michel Renault as Supervisory Board Member	For	For	Management
18	Reelect Hans-Jurgen Schinzler as Supervisory Board Member	For	For	Management
19	Reelect Marc Vienot as Supervisory Board Member	For	For	Management
20	Authorize Filing of Required Documents/Other Formalities	For	For	Management

36

AVENTIS SA (FORMERLY RHONE-POULENC)

Ticker:	WS	Security ID:	FR0000130460
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 1.23 per Share	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
6	Ratify Yves Nicolas as Alternate Auditor	For	For	Management
7	Amend Article 7 to Reflect 2003 Legal Changes Re: Shareholding Disclosure Requirement	For	For	Management
8	Amend Article 11 to Set Term of Management Board Members at Three Years	For	For	Management
9	Amend Article 13 to Set Term of Supervisory Board Members at Three Years	For	For	Management
10	Amend Article 16.5 to Introduce Voting Right Limitation of 15 Percent of Issued Capital	For	Against	Management
11	Adopt Shareholder Rights Plan (Poison Pill) Pursuant to Sanofi-Synthelabo Hostile Takeover Bid	For	Against	Management
12	Reelect Jean-Marc Bruel as Supervisory Board Member	For	For	Management
13	Reelect Martin Fruhauf as Supervisory Board Member	For	For	Management
14	Reelect Serge Kampf as Supervisory Board Member	For	For	Management
15	Reelect Hubert Markl as Supervisory Board Member	For	For	Management
16	Reelect Gunter Metz as Supervisory Board Member	For	For	Management
17	Reelect Didier Pineau-Valencienne as Supervisory Board Member	For	For	Management
18	Reelect Seham Razzouqi as Supervisory Board Member	For	For	Management
19	Reelect Michel Renault as Supervisory Board Member	For	For	Management
20	Reelect Hans-Jurgen Schinzler as Supervisory Board Member	For	For	Management
21	Reelect Marc Vienot as Supervisory Board Member	For	For	Management
22	Authorize Filing of Required Documents/Other Formalities	For	For	Management

37

AVIVA PLC (FORMERLY CGNU PLC)

Ticker:		Security ID:	0216238
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 15.15 Pence Per Share	For	For	Management
3	Elect Anna Catalano as Director	None	None	Management
4	Elect Carole Piwnica as Director	For	For	Management
5	Re-elect George Paul as Director	For	For	Management
6	Re-elect Philip Scott as Director	For	For	Management
7	Re-elect Patrick Snowball as Director	For	For	Management
8	Re-elect Elizabeth Vallance as Director	For	For	Management
9	Reappoint Ernst and Young LLP as Auditors of the Company	For	For	Management
10	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 185,000,000	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 28,000,000	For	For	Management
13	Approve Remuneration Report	For	For	Management
14	Authorise EU Political Donations up to Aggregate Nominal Amount of GBP 100,000	For	For	Management
15	Approve Scrip Dividend Program	For	For	Management
16	Amend Articles of Association Re: Treasury Shares	For	For	Management
17	Authorise 225 Million Ordinary Shares for Market Purchase	For	For	Management
18	Authorise 100 Million 8.75 Percent Preference Shares for Market Purchase1	For	For	Management
19	Authorise 100 Million 8.375 Percent Preference Shares for Market Purchase	For	For	Management

38

AXA (FORMERLY AXA-UAP)

Ticker:	AXA	Security ID:	7088429
Meeting Date:	APR 21, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 0.57 per Share	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Reelect Claude Bebear as Supervisory Board Member	For	Against	Management
6	Ratify Mazars & Guerard as Auditors	For	For	Management
7	Ratify Jean Louis Simon as Alternate Auditor	For	For	Management
8	Elect Willy Avereyn as Representative of Employee Shareholders to the Supervisory Board, Pending Approval of Item 13	None	Against	Management
9	Elect Cees de Jong as Representative of Employee Shareholders to the Supervisory Board, Pending Approval of Item 13	None	Against	Management
10	Elect Jacques Tabourot as Representative of Employee Shareholders to the Supervisory Board, Pending Approval of Item 13	For	For	Management
11	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
12	Allow Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	Against	Management
13	Amend Article 10 Re: Appointment of Representative of Employee Shareholders to the Supervisory Board	For	For	Management
14	Amend Article 10 Re: Appointment of Employee Representative to the Supervisory Board	Against	Against	Management
15	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
16	Authorize Filing of Required Documents/Other Formalities	For	For	Management

39

BAA PLC

Ticker:	BAAPY	Security ID:	GB0000673409
Meeting Date:	JUL 18, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 12.7 Pence Per Share	For	For	Management
4	Elect Janis Kong as Director	For	For	Management
5	Reelect Brian Collie as Director	For	For	Management
6	Reelect John Hoerner as Director	For	For	Management
7	Reelect Tony Ward as Director	For	For	Management
8	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 230,000,000	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 53,489,000	For	For	Management
11	Approve Increase in Remuneration of Non-executive Directors to GBP 450,000	For	For	Management

BAE SYSTEMS (FRM.BRITISH AEROSPACE PLC)

Ticker:		Security ID:	GB0002634946
Meeting Date:	MAY 5, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 5.5 Pence Per Ordinary Share	For	For	Management
4	Re-elect Ulrich Cartellieri as Director	For	For	Management
5	Re-elect Lord Hesketh as Director	For	For	Management
6	Re-elect Steven Mogford as Director	For	For	Management
7	Re-elect George Rose as Director	For	For	Management
8	Elect Michael Hartnall as Director	For	For	Management
9	Re-appoint KPMG Audit Plc as Auditors of the Company	For	For	Management
10	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 19,748,171	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 3,825,091	For	For	Management
13	Authorise 306,007,313 Ordinary Shares for Market Purchase	For	For	Management
14	Amend Articles of Association Re: Treasury Shares	For	For	Management

40

BALFOUR BEATTY PLC (FORMERLY BICC PLC)

Ticker:		Security ID:	0096162
Meeting Date:	MAY 13, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 3.4 Pence Per Ordinary Share	For	For	Management
4	Re-elect Sir David John as Director	For	For	Management
5	Re-elect Robert Walvis as Director	For	For	Management
6	Re-elect Michael Welton as Director	For	For	Management
7	Elect Chalmers Carr as Director	For	For	Management
8	Elect Gordon Sage as Director	For	For	Management
9	Elect Christoph Von Rohr as Director	For	For	Management
10	Re-appoint Deloitte and Touche LLP as Auditors	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 70,086,274	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 10,512,941	For	For	Management
13	Authorise 42,051,764 Ordinary Shares and 22,448,679 Convertible Preference Shares for Market Purchase	For	For	Management
14	Authorise EU Political Donations and EU Political Expenditure up to Aggregate Nominal Amount of GBP 25,000 Per Annum	For	For	Management
15	Approve Reduction of Share Premium Account to GBP 148,161,291.30; and Cancellation of the Capital Redemption Reserve	For	For	Management

BANCA FIDEURAM SPA

Ticker:		Security ID:	IT0000082963
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:	APR 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Appoint Alternate Internal Statutory Auditors	For	For	Management
3	Elect External Auditors and Fix Remuneration of Auditors	For	For	Management
4	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management

41

BANCA FIDEURAM SPA

Ticker:		Security ID:	IT0000082963
Meeting Date:	JUN 29, 2004	Meeting Type:	Special
Record Date:	JUN 24, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Two Directors	For	For	Management
1	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management
2	Approve Partial Spin-Off of Company Assets In Favor of ‘SanPaolo IMI Spa’	For	For	Management

BANCA INTESA SPA (FORMERLY INTESABCI SPA)

Ticker:		Security ID:	IT0000072618
Meeting Date:	JUN 23, 2004	Meeting Type:	Special
Record Date:	JUN 18, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management

BANCA INTESA SPA (FORMERLY INTESABCI SPA)

Ticker:		Security ID:	IT0000072618
Meeting Date:	APR 14, 2004	Meeting Type:	Annual
Record Date:	APR 9, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Statutory Reports, Allocation of Income, and Distribution of Reserves and/or Company Shares	For	For	Management

BANCA INTESA SPA (FORMERLY INTESABCI SPA)

Ticker:		Security ID:	IT0000072618
Meeting Date:	DEC 29, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Fix Number of Directors on the Board; Elect Directors; Determine Directors’ Term and Remuneration	For	Against	Management

BANCA MONTE DEI PASCHI DI SIENA SPA

Ticker:		Security ID:	IT0001334587
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:	APR 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements, Consolidated Accounts, and Statutory Reports	For	For	Management
2	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
1	Approve Merger by Absorption of of the Wholly-Owned Subsidiary Banca C. Steinhauslin & C. Spa	For	For	Management
2	Accept Address Change of Secondary Offices	For	For	Management

42

BANCA MONTE DEI PASCHI DI SIENA SPA

Ticker:		Security ID:	IT0001334587
Meeting Date:	DEC 3, 2003	Meeting Type:	Special
Record Date:	NOV 28, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles of Association	For	For	Management
1	Authorize Share Repurchase Program in Connection With Bonus Stock Grant to Employees	For	For	Management

BANCA MONTE DEI PASCHI DI SIENA SPA

Ticker:		Security ID:	IT0001334587
Meeting Date:	JUN 24, 2004	Meeting Type:	Special
Record Date:	JUN 18, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management

BANCA NAZIONALE DEL LAVORO

Ticker:		Security ID:	IT0001254884
Meeting Date:	APR 28, 2004	Meeting Type:	Annual/Special
Record Date:	APR 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Directors To Substitute Former Members of the Board	For	For	Management
2	Authorize a 1:64 Bonus Issue of Company Shares in Favor of Holders of Ordinary Shares and/or Saving Shares	For	For	Management
3	Approve Financial Statements, Statutory Reports, and Allocation of Income	For	For	Management
4	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
1	Approve Acquisition of Coopercredito Spa	For	Against	Management
2	Authorize Capitalization of Reserves for an Increase in Par Value from EUR 0.50 to EUR 0.72 of Both Ordinary and Saving Shares; Amend Articles of Association Accordingly	For	For	Management
3	Amend Articles To Reflect New Italian Company Law Regulations	For	Against	Management

43

BANCO BILBAO VIZCAYA ARGENTARIA

Ticker:	BBV	Security ID:	ES0113211835
Meeting Date:	FEB 27, 2004	Meeting Type:	Annual
Record Date:	FEB 27, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Allocation of Income and Distribution of Dividend, and Discharge Directors	For	For	Management
2	Authorize Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights	For	For	Management
3	Authorize Issuance of Bonds up to Aggregate Nominal Amount of EUR 71.8 Billion	For	For	Management
4	Amend Articles 24, 29, 31, 34, 35, 37, 38, 45 Re: Attendance Rights, Shareholder Information Rights, Adoption of Agreements, Board Election and Size, Board Member Requirements, Board Vacancies, Chairman and Secretary, Creation and Composition of Board	For	For	Management
5	Approve General Meeting Guidelines; Information Re: Board Guidelines	For	For	Management
6	Approve Listing (or Delisting) of Shares on Secondary/Foreign Exchanges	For	For	Management
7	Authorize Repurchase of Shares and Subsequent Cancellation of Repurshased Shares	For	For	Management
8	Reelect Deloitte & Touche Espana, S.L. as Auditors	For	For	Management
9	Elect Jose Antonio Fernandez Rivero and Carlos Loring as New Directors; Reelect Directors	For	For	Management
10	Approve Fund Transfer to Employee Retirement Fund	For	For	Management
11	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

44

BANCO ITAU HOLDING FINANCEIRA(FRMLY BANCO ITAU S.A.)

Ticker:		Security ID:	BRITAUACNPR3
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorize BRL 3.2 Billion Capital Increase Via Capitalization of Reserves	For	Did Not Vote	Management
2	Cancel 664.3 Million Company Treasury Shares	For	Did Not Vote	Management
3	Approve 1,000:1 Reverse Stock Split	For	Did Not Vote	Management
4	Approve Increase in Authorized Capital to 100 Million Ordinary Shares and 100 Million Preference Shares	For	Did Not Vote	Management
5	Approve Creation of Audit Committee; Set Committee Responsibilities	For	Did Not Vote	Management
6	Restructure of Consulting Board and International Consulting Committee	For	Did Not Vote	Management
7	Amend Articles Re: Changes in Capital, Audit Committee, and Restructuring of Consulting Boards	For	Did Not Vote	Management
8	Ammend Incentive Stock Option Plan	For	Did Not Vote	Management
9	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
10	Approve Allocation of Income	For	Did Not Vote	Management
11	Elect Directors and Supervisory Board Members	For	Did Not Vote	Management
12	Approve Remuneration of Board Members, Executive Officer Board Members, Consulting Board and International Consulting Committee Members, and Supervisory Board Members	For	Did Not Vote	Management

BANCO POPULAR ESPANOL

Ticker:		Security ID:	ES0113790234
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Individual and Consolidated Financial Statements and Statutory Reports, Allocation of Income, and Discharge Directors	For	For	Management
2	Elect Management Board	For	For	Management
3	Reelect Pricewaterhouse Coopers as Auditors	For	For	Management
4	Amend Articles 14,15,16,18,21, and 22 Re: Remote Vote, Shareholder Access to Information, Number of Directors and Remuneration, Audit Committee	For	For	Management
5	Approve General Meeting Guidelines; Information Re: Board Guidelines	For	For	Management
6	Authorize Share Repurchase Program and Cancellation of Repurchased Shares; Approve Reduction in Capital	For	For	Management
7	Approve Transfer of Reserves to Early Retirement Fund	For	Against	Management
8	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

45

BANGKOK BANK

Ticker:		Security ID:	TH0001010006
Meeting Date:	APR 9, 2004	Meeting Type:	Annual
Record Date:	MAR 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Minutes of Previous AGM	For	For	Management
2	Accept Reports on Capital Increase	For	For	Management
3	Accept Report on Company Performance in 2003	For	For	Management
4	Accept Report of the Audit Committee	For	For	Management
5	Accept Financial Statements and Statutory Reports	For	For	Management
6	Approve Non-Allocation of Income and Omission of Dividends	For	For	Management
7	Approve Transfer of Capital Reserve, Legal Reserve, and Share Premium Reserve to Reduce the Accumulated Losses of the Company	For	For	Management
8	Elect Directors	For	For	Management
9	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
10	Approve Allocation of Shares and Issuance of Various Types of the Bank’s Securities	For	Against	Management
11	Other Business	For	Against	Management

BANK AUSTRIA CREDITANSTALT

Ticker:		Security ID:	7621363
Meeting Date:	MAY 19, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.02 per Share	For	For	Management
3	Approve Discharge of Management and Supervisory Boards	For	For	Management
4	Authorize Repurchase of Up to Five Percent of Issued Share Capital for Trading Purposes	For	For	Management
5	Ratify Auditors	For	For	Management

BANK OF EAST ASIA, LIMITED

Ticker:		Security ID:	6075648
Meeting Date:	MAR 31, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$0.62 Per Share	For	For	Management
3a	Reelect Aubrey Li Kwok-sing as Director	For	For	Management
3b	Reelect Winston Lo Yau-lai as Director	For	For	Management
3c	Reelect Khoo Kay-peng as Director	For	For	Management
3d	Reelect David Li Kwok-po as Director	For	For	Management
4	Reappoint KPMG as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5	Amend Articles of the Association	For	For	Management
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
7	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
8	Authorize Reissuance of Repurchased Shares	For	For	Management

46

BANK OF IRELAND GROUP

Ticker:	IRE	Security ID:	IE0030606259
Meeting Date:	JUL 7, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Dividends	For	For	Management
3a	Elect David Dilger as a Director	For	For	Management
3b	Elect George Magan as a Director	For	For	Management
3c	Elect Sir Michael Hodgkinson as a Director	For	For	Management
3d	Elect Declan McCourt as a Director	For	For	Management
3e	Elect Terry Neill as a Director	For	For	Management
3f	Reelect Laurence Crowley as a Director	For	For	Management
3g	Reelect Maurice Keane as a Director	For	For	Management
3h	Reelect Caroline Marland as a Director	For	For	Management
3i	Reelect Raymond MacSharry as a Director	For	For	Management
3j	Reelect Thomas Moran as a Director	For	For	Management
3k	Reelect Mary Redmond as a Director	For	For	Management
4	Authorize Board to Fix Remuneration of Auditors	For	For	Management
5	Approve Remuneration of EUR 1 Million for Non-Executive Directors	For	For	Management
6	Authorize Repurchase 95,611,133 Ordinary Shares; 1,876,090 Sterling Preference Shares; and 3,026,598 Euro Preference Shares	For	For	Management
7	Authorize Reissuance of Repurchased Shares	For	For	Management
8	Authorize Board to Allot Up to EUR 30.9 Million in Equity Securities for Cash without Preemptive Rights	For	For	Management
9	Authorize Board to Allot Equity Securities Representing 15 Percent of the Issued Share Capital, without Preemptive Rights, For Purposes Other Than Cash	For	For	Management
10	Approve 2004 Long Term Incentive Plan	For	For	Management
11	Approve 2004 Stock Option Plan	For	For	Management
12	Approve Director and Officer Liability Insurance	For	For	Management

47

BARCLAYS PLC

Ticker:	BCS	Security ID:	GB0031348658
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

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

BASF AG

Ticker:		Security ID:	5086577
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.40 per Share	For	For	Management
3	Approve Discharge of Supervisory Board	For	For	Management
4	Approve Discharge of Management Board	For	For	Management
5	Ratify Deloitte & Touche GmbH as Auditors	For	For	Management
6	Authorize Repurchase of up to Ten Percent of Issued Share Capital for Purposes of Cancellation and Reissuance without Preemptive Rights	For	For	Management
7	Authorize Use of Financial Derivatives when Repurchasing Shares	For	Against	Management
8	Approve Creation of EUR 500 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
9	Approve Affiliation Agreements with Subsidiary (BASF Plant Science Holding GmbH)	For	For	Management

48

BAYER AG

Ticker:	BAY	Security ID:	5069211
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:

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

BAYERISCHE HYPO- UND VEREINSBANK AG

Ticker:		Security ID:	DE0008022005
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Discharge of Management Board	For	For	Management
3	Approve Discharge of Supervisory Board	For	For	Management
4A	Reelect Manfred Bischoff to the Supervisory Board	For	For	Management
4B	Reelect Volker Doppelfeld to the Supervisory Board	For	For	Management
4C	Reelect Max Kley to the Supervisory Board	For	For	Management
4D	Reelect Lothar Meyer to the Supervisory Board	For	For	Management
4E	Reelect Hans-Juergen Schinzler to the Supervisory Board	For	For	Management
4F	Reelect Albrecht Schmidt to the Supervisory Board	For	For	Management
4G	Reelect Siegfried Sellitsch to the Supervisory Board	For	For	Management
4H	Reelect Wilhelm Simson to the Supervisory Board	For	For	Management
4I	Reelect Hans-Werner Sinn to the Supervisory Board	For	For	Management
4J	Elect Mathias Doepfner to the Supervisory Board	For	For	Management
4K	Elect Diether Muenich to the Supervisory Board	For	For	Management
5	Approve Creation of EUR 990 Million Pool of Conditional Capital without Preemptive Rights	For	Against	Management
6	Authorize Issuance of Participation Certificates Up to Aggregate Nominal Value of EUR 1 Billion	For	For	Management
7	Authorize Repurchase of up to Ten Percent of Issued Share Capital	For	For	Management
8	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
9	Amend Articles	For	For	Management
10	Approve Affiliation Agreements with Subsidiaries (HVB Principal Equity GmbH, and HVB Profil Gesellschaft fuer Personalmanagement mbH)	For	For	Management
11	Approve Affiliation Agreements with Subsidiaries (HVB-Offene Unternehmensbeteiligungs-AG, and INDEXCHANGE Investment AG)	For	For	Management
12	Ratify KPMG Deutsche Treuhand Gesellschaft AG as Auditors	For	For	Management

49

BEC WORLD PUBLIC COMPANY LIMITED

Ticker:		Security ID:	TH0592010019
Meeting Date:	DEC 16, 2003	Meeting Type:	Special
Record Date:	NOV 26, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Minutes of Previous AGM	For	For	Management
2	Accept Acknowledgment on the Payment of Interim Dividend of Baht 10 per Share	For	For	Management
3	Reduce Par Value of Common Stock to Baht 1 from Baht 10	For	For	Management
4	Amend Article 4 of Articles of Association	For	For	Management
5	Amend Memorandum of Association to Reflect Decrease in Par Value	For	For	Management
6	Approve Maleenont Tower Lease Agreement	For	For	Management

BEC WORLD PUBLIC COMPANY LIMITED

Ticker:		Security ID:	TH0592010Z14
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:	APR 8, 2004

#	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 Reports	For	For	Management
4	Approve Allocation of Income and Dividend of Baht 0.20 per Share	For	For	Management
5	Elect Directors and Fix Their Remuneration	For	For	Management
6	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management

50

BEIERSDORF AG

Ticker:		Security ID:	DE0005200000
Meeting Date:	JUN 3, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.60 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify BDO Deutsche Warentreuhand AG as Auditors	For	For	Management
6	Elect Dietmer Ammer, Diethart Breipohl, Michael Herz, Arno Mahlert, Reinhard Poellath, and Bruno Saelzer to the Supervisory Board; Elect Andreas Rittstieg as a Substitute Member to the Supervisory Board	For	For	Management
7	Amend Articles Re: Changes to the Remuneration of the Supervisory Board Members and Amendment to the Articles	For	For	Management
8	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management

BEIJING CAPITAL INTL AIRPORT CO. LTD

Ticker:		Security ID:	CN0009324749
Meeting Date:	JUN 8, 2004	Meeting Type:	Annual
Record Date:	MAY 6, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Report of the Board of Directors	For	For	Management
2	Accept Report of the Supervisory Committee	For	For	Management
3	Accept Financial Statements and Statutory Reports	For	For	Management
4	Approve Profit Appropriation	For	For	Management
5	Approve PricewaterhouseCoopers Zhong Tian Certified Public Accounts Co. Ltd. and PricewaterhouseCoopers as PRC Auditors and International Auditors, Respectively, and Authorize Board to Fix Their Remuneration	For	For	Management
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
7	Amend Articles	For	For	Management

51

BEKAERT S.A.

Ticker:		Security ID:	BE0003780948
Meeting Date:	APR 14, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
2	Amend Articles Re: Board Committees	For	For	Management
3	Renew Authorization to Issue Shares to Increase Share Capital within the Framework of Authorized Capital up to EUR 170 Million for Period of Five Years; Authorize Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	For	Management
4	Amend Articles Re: General Matters	For	For	Management
5	Authorize Implementation of Approved Resolutions and Filing of Required Documents/Formalities at Trade Registry	For	For	Management

BEKAERT S.A.

Ticker:		Security ID:	BE0003780948
Meeting Date:	MAY 12, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Directors’ Report	None	None	Management
2	Receive Auditors’ Report	None	None	Management
3	Approve Allocation of Income and Dividends of EUR 1,748 (Gross)per Share	For	For	Management
4	Approve Discharge of Directors and Auditors	For	For	Management
5	Fix Number of Directors at 14	For	For	Management
6.1	Reelect Pol Bamelis as Independent Director	For	For	Management
6.2	Reelect Roger Dalle, Francois de Visscher, and Baudouin Velge as Directors	For	For	Management
6.3	Elect Sir Anthony Galsworthy as Independent Director	For	For	Management
6.4	Elect Bernadr van de Walle de Ghelcke as Director	For	For	Management
6.5	Confirm Gary Allen and Baron Georges Jacobs as Independent Directors as Required by Belgian Companies Code	For	For	Management
7	Reappoint Deloitte & Partners as Auditors	For	For	Management
8	Approve Remuneration of Directors and Auditors	For	For	Management
9	Receive Consolidated Financial Statements and Statutory Reports	None	None	Management
10	Transact Other Business	None	None	Management

BELLSYSTEM 24 INC

Ticker:		Security ID:	JP3835750005
Meeting Date:	AUG 28, 2003	Meeting Type:	Annual
Record Date:	MAY 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 75, Final JY 5, Special JY 90	For	For	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles to: Introduce System for Selling Supplemental Shares to Odd-Lot Holders, Create Registry of Lost Share Certificates	For	For	Management
4	Approve Executive Stock Option Plan	For	Against	Management

52

BENESSE CORP.

Ticker:		Security ID:	JP3835620000
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 14.5, Final JY 25.5, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
4	Approve Executive Stock Option Plan	For	For	Management

BENETTON GROUP SPA

Ticker:	BNG	Security ID:	IT0003106777
Meeting Date:	MAY 12, 2004	Meeting Type:	Annual
Record Date:	MAY 7, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Fix Number of Directors on the Board; Elect Directors; Determine Directors’ Term	For	For	Management
3	Approve Remuneration of Directors	For	For	Management
4	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
5	Elect External Auditors and Fix Remuneration of Auditors	For	For	Management

BENETTON GROUP SPA

Ticker:	BXNZ10	Security ID:	IT0003106777
Meeting Date:	NOV 25, 2003	Meeting Type:	Special
Record Date:	NOV 20, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Reorganization Plan; Transfer Brand Management and Marketing Activities to Bencom Srl, Logistics and Production Activities to Benlog Spa, and IT Services to United Web Spa, All Wholly-Controlled Subsidiaries	For	For	Management
1	Cancel May 12, 2003, Resolution Re: Merger by Absorption of Bencom Srl and Benlog Spa	For	For	Management

53

BG GROUP PLC (FRM. BG PLC)

Ticker:	BRG	Security ID:	GB0008762899
Meeting Date:	MAY 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 1.86 Pence Per Ordinary Share	For	For	Management
4	Re-elect Peter Backhouse as Director	For	For	Management
5	Re-elect Paul Collins as Director	For	For	Management
6	Re-elect William Friedrich as Director	For	For	Management
7	Re-elect Lord Sharman as Director	For	For	Management
8	Re-elect Keith Mackrell as Director	For	For	Management
9	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
10	Authorise Audit Committee to Fix Remuneration of the Auditors	For	For	Management
11	Authorise EU Political Donations and EU Political Expenditure up to Aggregate Nominal of GBP 25,000	For	For	Management
12	Approve the Use of Treasury Shares for the Exercise of Options or the Vesting of Other Share Awards Under the Company’s Share Schemes	For	For	Management
13	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 117,730,026	For	For	Management
14	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 17,659,504	For	For	Management
15	Authorise 353,190,078 Ordinary Shares for Market Purchase	For	For	Management

54

BHP BILLITON LIMITED (FORMERLY BHP LTD.)

Ticker:	BHP	Security ID:	AU000000BHP4
Meeting Date:	NOV 13, 2003	Meeting Type:	Annual
Record Date:	NOV 11, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements for BHP Billiton Ltd and Statutory Reports for the Year Ended June 30, 2003	For	For	Management
2	Accept Financial Statements and Statutory Reports for BHP Billiton Plc for the Year Ended June 30, 2003	For	For	Management
3	Elect D C Brink as Director of BHP Billiton Ltd	For	For	Management
4	Elect D C Brink as Director of BHP Billiton Plc	For	For	Management
5	Elect M A Chaney as Director of BHP Billiton Ltd	For	For	Management
6	Elect M A Chaney as Director of BHP Billiton Plc	For	For	Management
7	Elect Lord Renwick of Clifton as Director of BHP Billiton Ltd	For	For	Management
8	Elect Lord Renwick of Clifton as Director of BHP Billitoon Plc as Director	For	For	Management
9	Elect M Salamon as Director of BHP Billiton Ltd	For	For	Management
10	Elect M Salamon as Director of BHP Billiton Plc	For	For	Management
11	Elect J G Buchanan as Director of BHP Billiton Ltd	For	For	Management
12	Elect J G Buchanan as Director of BHP Billiton Plc	For	For	Management
13	Approve KPMG Audit Plc and PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
14	Approve Authority to Allot Shares in BHP Billiton Plc	For	For	Management
15	Approve Renewal of Authority to Allot Equity Securities for Cash	For	For	Management
16	Authorize Share Repurchase Program	For	For	Management
17	Approve Remuneration Report for the Year Ended June 30, 2003	For	For	Management
18	Approve the Grant of Deferred Shares, Options and Performance Shares to Executive Director and Chief Executive Officer, C W Goodyear Under the BHP Billiton Limited Group Incentive Scheme	For	For	Management
19	Approve the Grant of Deferred Shares, Options and Performance Shares to Executive Director and Senior Minerals Executive, M Salamon Under the BHP Billiton Plc Group Incentive Scheme	For	For	Management

55

BHP BILLITON PLC (FORMERLY BILLITON PLC)

Ticker:		Security ID:	GB0000566504
Meeting Date:	OCT 24, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for BHP Billiton Ltd.	For	For	Management
2	Accept Financial Statements and Statutory Reports for BHP Billiton Plc	For	For	Management
3	Reelect David Brink as Director of BHP Billiton Ltd.	For	For	Management
4	Reelect David Brink as Director of BHP Billiton Plc	For	For	Management
5	Reelect Michael Chaney as Director of BHP Billiton Ltd.	For	For	Management
6	Reelect Michael Chaney as Director of BHP Billiton Plc	For	For	Management
7	Reelect Robin Renwick as Director of BHP Billiton Ltd.	For	For	Management
8	Reelect Robin Renwick as Director of BHP Billiton Plc	For	For	Management
9	Elect Mike Salamon as Director of BHP Billiton Ltd.	For	For	Management
10	Elect Mike Salamon as Director of BHP Billiton Plc	For	For	Management
11	Elect John Buchanan as Director of BHP Billiton Ltd.	For	For	Management
12	Elect John Buchanan as Director of BHP Billiton Plc	For	For	Management
13	Approve KPMG Audit Plc and PricewaterhouseCoopers LLP as Joint Auditors of BHP Billiton Plc and Authorize Board to Fix Their Remuneration	For	For	Management
14	Authorize BHP Billiton Plc Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of USD 265,926,499	For	For	Management
15	Authorize BHP Billiton Plc Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of USD 61,703,675	For	For	Management
16	Authorize 246,814,700 Shares for BHP Billiton Plc Share Repurchase Program	For	For	Management
17	Approve Remuneration Report	For	For	Management
18	Approve Grant of Deferred Shares, Options and Performance Shares to Charles Goodyear under the BHP Billiton Ltd. Group Incentive Scheme	For	For	Management
19	Approve Grant of Deferred Shares, Options and Performance Shares to Mike Salamon under the BHP Billiton Plc Group Incentive Scheme	For	For	Management

BLUESCOPE STEEL LTD (FORMERLY BHP STEEL LTD)

Ticker:		Security ID:	AU000000BSL0
Meeting Date:	NOV 12, 2003	Meeting Type:	Annual
Record Date:	NOV 10, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended June 30, 2003	None	None	Management
2a	Elect H K McCann as Director	For	For	Management
2b	Elect P Rizzo as Director	For	For	Management
2c	Elect Y P Tan as Director	For	For	Management
3	Change Company Name to BlueScope Steel Limited	For	For	Management
4	Approve Participation by Kirby Adams, Managing Director and Chief Executive Officer in the Employee Share Purchase Plan	For	For	Management
5	Approve Grant of Share Rights to Managing Director and Chief Executive Officer, Kirby Adams, Under the Long Term Incentive Plan	For	For	Management
6	Approve Non-Executive Director Share Plan	For	For	Management

56

BNP PARIBAS SA (FM. BANQUE NATIONALE DE PARIS)

Ticker:		Security ID:	FR0000131104
Meeting Date:	MAY 13, 2004	Meeting Type:	Annual/Special
Record Date:

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

57

BOC GROUP PLC

Ticker:	BOX	Security ID:	GB0001081206
Meeting Date:	JAN 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Elect Andrew Bonfield as Director	For	For	Management
4	Reelect Christopher O’Donnell as Director	For	For	Management
5	Reelect Julie Baddeley as Director	For	For	Management
6	Reelect John Walsh as Director	For	For	Management
7	Ratify PricewaterhouseCoopers LLP as Auditors	For	For	Management
8	Authorize Board to Fix Remuneration of Auditors	For	For	Management
9	Approve Dividend Policy	For	For	Management
10	Authorize EU Political Donations up to GBP 150,000	For	For	Management
11	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 18,580,721	For	For	Management
12	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 6,222,335	For	For	Management
13	Authorize 49,778,680 Shares for Share Repurchase Program	For	For	Management
14	Amend Articles of Association Re: Treasury Shares and Directors’ Fees	For	For	Management

BOC HONG KONG (HOLDINGS) LTD

Ticker:		Security ID:	HK2388011192
Meeting Date:	MAY 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$0.32 Per Share	For	For	Management
3a	Reelect ZHOU Zaiqun as Director	For	For	Management
3b	Reelect TUNG Chee Chen as Director	For	For	Management
3c	Reelect YANG Linda Tsao as Director	For	For	Management
4	Approve Remuneration to Non-Executive Directors and Senior Adviser Who Serve as Board Committee Chairman or Members of HK$100,000 Per Annum Per Board Committee to Each Committee Chairman and HK$50,000 Per Annum Per Board Committee to Each Member	For	For	Management
5	Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Amend Articles Re: Voting at General Meetings, Retirement and Nomination of Directors, Material Interest of Directors in Contracts Entered into by the Company	For	For	Management
7	Approve Payment of Fees Amounting to HK$50,000 Per Annum to Each Member and Secretary of Board Committees Who Are Not Directors or Salaried Employees of the Group	For	For	Management
8	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
9	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
10	Authorize Reissuance of Repurchased Shares	For	For	Management

58

BOEHLER-UDDEHOLM AG

Ticker:		Security ID:	AT0000903851
Meeting Date:	MAY 3, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income	For	For	Management
3	Approve Discharge of Management and Supervisory Boards	For	For	Management
4	Approve Remuneration of Directors	For	For	Management
5	Ratify Auditors	For	For	Management

BOOTS GROUP PLC(FORMERLY BOOTS CO. PLC)

Ticker:	BTXSY	Security ID:	GB0032310780
Meeting Date:	JUL 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 21 Pence Per Ordinary Share	For	For	Management
4	Re-elect Helene Ploix as Director	For	For	Management
5	Re-elect Martin Read as Director	For	For	Management
6	Elect Richard Baker as Director	For	For	Management
7	Elect Guy Dawson as Director	For	For	Management
8	Elect Tim Parker as Director	For	For	Management
9	Re-appoint KPMG Audit Plc as Auditors of the Company	For	For	Management
10	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 64,000,000	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 9,600,000	For	For	Management
13	Authorise 76,876,000 Ordinary Shares for Market Purchase	For	For	Management

59

BOOTS GROUP PLC(FORMERLY BOOTS CO. PLC)

Ticker:	BTXSY	Security ID:	GB0032310780
Meeting Date:	JUL 24, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 20.2 Pence Per Share	For	For	Management
3	Reelect Paul Bateman as Director	For	For	Management
4	Reelect Jan Bennink as Director	For	For	Management
5	Reelect Howard Dodd as Director	For	For	Management
6	Reelect John McGrath as Director	For	For	Management
7	Reelect Helene Ploix as Director	For	For	Management
8	Reelect Martin Read as Director	For	For	Management
9	Reelect Nigel Rudd as Director	For	For	Management
10	Reelect Andrew Smith as Director	For	For	Management
11	Approve Remuneration Report	For	For	Management
12	Approve KPMG Audit Plc as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
13	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 67.8 million	For	For	Management
14	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 10.17 million	For	For	Management
15	Authorize 81,300,000 Shares for Share Repurchase Program	For	For	Management
16	Authorize the Company to Make EU Political Donations up to a Maximum Aggregate Sum of GBP 100,000	For	For	Management
17	Authorize Boots Company Plc to Make EU Political Donations up to Maximum Aggregate Sum of GBP 400,000	For	For	Management

60

BOUYGUES SA

Ticker:		Security ID:	FR0000120503
Meeting Date:	APR 22, 2004	Meeting Type:	Annual/Special
Record Date:

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

61

BP PLC (FORM. BP AMOCO PLC)

Ticker:	BP.PP	Security ID:	GB0007980591
Meeting Date:	APR 15, 2004	Meeting Type:	Annual
Record Date:

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

BPB PLC (FORMERLY BPB INDUSTRIES PLC)

Ticker:		Security ID:	GB0000687078
Meeting Date:	JUL 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 9.45 Pence Per Ordinary Share	For	For	Management
4	Re-elect Bob Heard as Director	For	For	Management
5.1	Elect Andrew Dougal as Director	For	For	Management
5.2	Elect Evert Henkes as Director	For	For	Management
6	Re-appoint Ernst and Young LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
7	Approve BPB Performance Share Plan 2004	For	For	Management
8	Amend BPB Executive Share Option Plan 2001	For	For	Management
9	Authorise 49.5 Million Ordinary Shares for Market Purchase	For	For	Management
10	Approve Increase in Remuneration of Non-Executive Directors from GBP 300,000 to GBP 400,000 and Amend the Articles of Association in Respect of Treasury Shares	For	For	Management

62

BPB PLC (FORMERLY BPB INDUSTRIES PLC)

Ticker:		Security ID:	GB0000687078
Meeting Date:	JUL 23, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	Against	Management
3	Approve Final Dividend of 8.9 Pence Per Share	For	For	Management
4A	Reelect Lady Balfour of Burleigh as Director	For	For	Management
4B	Reelect Jean-Pierre Clavel as Director	For	For	Management
4C	Reelect Richard Cousins as Director	For	For	Management
4D	Reelect Mark Higson as Director	For	For	Management
4E	Reelect Paul Withers as Director	For	For	Management
5	Elect Gerry Acher as Director	For	For	Management
6	Approve Ernst and Young as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Authorize 49 Million Ordinary Shares for Share Repurchase Program	For	For	Management

BRAMBLES INDUSTRIES LTD.

Ticker:		Security ID:	AU000000BIL1
Meeting Date:	NOV 18, 2003	Meeting Type:	Annual
Record Date:	NOV 16, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports For the Year Ended June 30, 2003	For	For	Management
2	Accept Financial Statements and Statutory Reports For Brambles Industries Plc For the Year Ended June 30, 2003	For	For	Management
3	Approve Remuneration Report For the Year Ended June 30, 2003 As Contained in the Brambles Industries Plc Annual Review 2003	For	For	Management
4	Elect R. D. Brown as Director of Brambles Industries Limited	For	For	Management
5	Elect R. D. Brown as Director of Brambles Industries Plc	For	For	Management
6	Elect CK Chow as Director of Brambles Industries Limited	None	None	Management
7	Elect CK Chow as Director of Bramble Industries Plc	None	None	Management
8	Elect David Lees as Director of Brambles Industries Limited	For	For	Management
9	Elect David Lees as Director of Bramble Industries Plc	For	For	Management
10	Elect R. C. Milne as Director of Brambles Industries Limited	For	For	Management
11	Elect R. C. Milne as Director of Bramble Industries Plc	For	For	Management
12	Appoint PricewaterhouseCoopers LLP as Auditors of Brambles Industries plc	For	For	Management
13	Approve Remuneration of Auditors	For	For	Management
14	Approve General Authority to Allot Up to 176.26 Million Shares in Brambles	For	For	Management
15	Approve Disapplication of Pre-Emption Rights in Brambles Industries Plc	For	For	Management
16	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
17	Approve Establishment of a Dividend Reinvestment Scheme	For	For	Management
18	Approve Scrip Dividend Scheme	For	For	Management
19	Amendment of the Brambles Industries Plc Articles of Association	For	For	Management

63

BRAMBLES INDUSTRIES PLC

Ticker:		Security ID:	GB0030616733
Meeting Date:	OCT 21, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for Brambles Industries Ltd.	For	For	Management
2	Accept Financial Statements and Statutory Reports for Brambles Industries plc	For	For	Management
3	Approve Remuneration Report	For	For	Management
4	Reelect Roy Brown as Director of Brambles Industries Ltd.	For	For	Management
5	Reelect Roy Brown as Director of Brambles Industries plc	For	For	Management
6	Reelect CK Chow as Director of Brambles Industries Ltd.	None	None	Management
7	Reelect CK Chow as Director of Brambles Industries plc	None	None	Management
8	Reelect David Lees as Director of Brambles Industries Ltd.	For	For	Management
9	Reelect David Lees as Director of Brambles Industries plc	For	For	Management
10	Reelect Ron Milne as Director of Brambles Industries Ltd.	For	For	Management
11	Reelect Ron Milne as Director of Brambles Industries plc	For	For	Management
12	Ratify PricewaterhouseCoopers LLP as Auditors of Brambles Industries plc	For	For	Management
13	Authorize Board to Fix Remuneration of Auditors	For	For	Management
14	Authorize Brambles Industries plc Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 8,812,882	For	For	Management
15	Authorize Brambles Industries plc Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 1,809,355	For	For	Management
16	Authorize 72,374,235 Shares for Brambles Industries plc Share Repurchase Program	For	For	Management
17	Approve Dividend Reinvestment Plan for Brambles Industries Ltd.	For	For	Management
18	Approve Scrip Dividend Program for Brambles Industries plc	For	For	Management
19	Amend Articles of Association Re: CREST	For	For	Management

64

BRASIL TELECOM PARTICIPACOES S.A. (FRM.TELE CENTRO SUL PARTI

Ticker:	TCS	Security ID:	BRBRTPACNPR2
Meeting Date:	APR 19, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Approve Allocation of Income and Dividends	For	Did Not Vote	Management
3	Elect Supervisory Board Members and Alternates	For	Did Not Vote	Management
4	Elect Directors and Alternates	For	Did Not Vote	Management
5	Approve Aggregate Remuneration of Directors and Supervisory Board Members	For	Did Not Vote	Management
6	Amend Article 5 to Reflect Changes in Share Capital Resulting from Capital Increase Approved in 2004	For	Did Not Vote	Management

BRIDGESTONE CORP.

Ticker:		Security ID:	JP3830800003
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 8, Final JY 8, Special JY 0	For	For	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
4	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management
7	Approve Executive Stock Option Plan	For	For	Management

65

BRITISH AIRWAYS PLC

Ticker:	BAB	Security ID:	GB0001290575
Meeting Date:	JUL 20, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Re-elect Michael Street as Director	For	For	Management
4	Re-elect Baroness O’Cathain as Director	For	For	Management
5	Elect Alison Reed as Director	For	For	Management
6	Re-appoint Ernst and Young LLP as Auditors of the Company	For	For	Management
7	Authorise Board to Fix Remuneration of the Auditors	For	For	Management

BRITISH AIRWAYS PLC

Ticker:	BAB	Security ID:	GB0001290575
Meeting Date:	JUL 15, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Amend Articles of Association Re: Remuneration Report	For	For	Management
4	Reelect Rod Eddington as Director	For	For	Management
5	Reelect Martin Broughton as Director	For	For	Management
6	Reelect Baroness O’Cathain as Director	For	For	Management
7	Reelect Martin Read as Director	For	For	Management
8	Ratify Ernst and Young LLP as Auditors	For	For	Management
9	Authorize Board to Fix Remuneration of Auditors	For	For	Management
10	Authorize Company to Carry Out Rights Issues up to Aggregate Nominal Amount of GBP 89 Million and to Carry Out Limited Issuance without Preemptive Rights up to Aggregate Nominal Amount of GBP 13.5 Million	For	For	Management

BRITISH AMERICAN TOBACCO PLC

Ticker:		Security ID:	GB0002875804
Meeting Date:	APR 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 27 Pence Per Ordinary Share	For	For	Management
4	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
5	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
6a	Elect Paul Adams as Director	For	For	Management
6b	Elect Antonio Monteiro de Castro as Director	For	For	Management
6c	Elect Jan du Plessis as Director	For	For	Management
6d	Re-elect Wong Kok Siew as Director	For	For	Management
7	Authorise 207.7 Million Shares for Market Purchase	For	For	Management
8a	Amend Articles of Association Re: Treasury Shares	For	For	Management
8b	Amend Articles of Association Re: Directors’ Fees	For		Management

66

BRITISH SKY BROADCASTING PLC

Ticker:	BSY	Security ID:	GB0001411924
Meeting Date:	NOV 14, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Elect Lord Wilson as Director	For	For	Management
3	Elect James Murdoch as Director	For	For	Management
4	Elect Chase Carey as Director	For	For	Management
5	Reelect David Evans as Director	For	For	Management
6	Reelect Lord St John as Director	For	Against	Management
7	Reelect Martin Stewart as Director	For	For	Management
8	Approve Deloitte and Touche LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Approve Remuneration Report	For	For	Management
10	Authorize EU Political Donations up to GBP 200,000	For	For	Management
11	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 319,000,000	For	For	Management
12	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 48,000,000	For	For	Management
13	Approve Reduction of GBP 1.120 Billion from Share Premium Account	For	For	Management

BT GROUP PLC (FORMERLY BRITISH TELECOMMUNICATIONS PLC)

Ticker:	BTY	Security ID:	GB0030913577
Meeting Date:	JUL 14, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 5.3 Pence Per Ordinary Share	For	For	Management
4	Re-elect Sir Christopher Bland as Director	For	For	Management
5	Re-elect Andy Green as Director	For	For	Management
6	Re-elect Ian Livingston as Director	For	For	Management
7	Re-elect John Nelson as Director	For	For	Management
8	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 142 Million	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 22 Million	For	For	Management
11	Authorise 859 Million Ordinary Shares for Market Purchase	For	For	Management
12	Authorise the Company to Make EU Political Donations up to Aggregate Nominal Amount of GBP 100,000	For	For	Management

67

BT GROUP PLC (FORMERLY BRITISH TELECOMMUNICATIONS PLC)

Ticker:	BTY	Security ID:	GB0030913577
Meeting Date:	JUL 16, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 4.25 Pence Per Share	For	For	Management
4	Reelect Anthony Greener as Director	For	For	Management
5	Reelect Louis Hughes as Director	For	For	Management
6	Reelect Maarten van den Bergh as Director	For	For	Management
7	Elect Clayton Brendish as Director	For	For	Management
8	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 143 Million	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 21 Million	For	For	Management
11	Authorize 867 Million Shares for Share Repurchase Program	For	For	Management
12	Authorize British Telecommunications plc to Make EU Political Donations up to GBP 100,000	For	For	Management

68

BUNZL PLC

Ticker:		Security ID:	GB0001540045
Meeting Date:	MAY 19, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 8.25 Pence Per Share	For	For	Management
3	Elect Michael Roney as Director	For	For	Management
4	Re-elect Alexander Dyer as Director	For	For	Management
5	Re-elect Jeff Harris as Director	For	For	Management
6	Reappoint KPMG Audit Plc as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
7	Approve Remuneration Report	For	For	Management
8	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 40,800,000	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 5,606,250	For	For	Management
10	Authorise 44,850,000 Ordinary Shares for Market Purchase	For	For	Management
11	Approve Part A Long-Term Incentive Plan 2004 (Share Option Awards)	For	For	Management
12	Approve Part B of the Long-Term Incentive Plan 2004 (Performance Share Awards)	For	For	Management

69

BUSINESS OBJECTS S.A.

Ticker:	BOBJ	Security ID:	FR0004026250
Meeting Date:	JUN 3, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Omission of Dividends	For	For	Management
4	Reelect Arnold Silverman as Director	For	For	Management
5	Reelect Albert Eisentat as Director	For	For	Management
6	Reelect Bernard Charles as Director	For	For	Management
7	Elect Kurt Lauk as Director	For	For	Management
8	Approve Transactions with a Related Party Not Previously Approved by the Board	For	For	Management
9	Approve Transaction with a Related Party	For	Against	Management
10	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
11	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
12	Approve Issuance of Warrants Exercisable Into Up to 45,000 Shares to Arnold Silverman	For	Against	Management
13	Approve Issuance of Warrants Exercisable Into Up to 45,000 Shares to Albert Eisenstat	For	Against	Management
14	Approve Issuance of Warrants Exercisable Into Up to 45,000 Shares to Bernard Charles	For	Against	Management
15	Approve Issuance of Warrants Exercisable Into Up to 45,000 Shares to Kurt Lauk	For	Against	Management
16	Approve Issuance of Warrants Exercisable Into Up to 30,000 Shares to Gerald Held	For	Against	Management
17	Approve Issuance of Warrants Exercisable Into Up to 30,000 Shares to Jean-Francois Heitz	For	Against	Management
18	Approve Issuance of Warrants Exercisable Into Up to 30,000 Shares to David Peterschmidt	For	Against	Management
19	Approve Issuance of Warrants Exercisable Into Up to 30,000 Shares to David Roux	For	Against	Management
20	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
21	Confirm Terms of 1995 International Employee Stock Purchase Plan	For	For	Management
22	Authorize Issuance of Up to 325,000 Shares to Business Objects S.A. Employee Benefits Trust for Use in 1995 International Employee Stock Purchase Plan	For	For	Management
23	Authorize Issuance of Up to 475,000 Shares to Business Objects S.A. Employee Benefits Trust for Use in 2004 International Employee Stock Purchase Plan	For	For	Management
24	Authorize Issuance of Up to 2.5 Million Shares to Business Objects S.A Employee Benefit Sub-Plan Trust Under 2001 Stock Option Plan	For	Against	Management
25	Authorize Board to Rename 2001 Stock Option Plan as 2001 Stock Incentive Plan and to Create Subsidiary Stock Incentive Sub-Plan Under 2001 Stock Incentive Plan	For	Against	Management
26	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights Up to Aggregate Nominal Amount of EUR 1.3 Million	For	For	Management
27	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights Up to Aggregate Nominal Amount of EUR 1.3 Million	For	For	Management
28	Authorize Capitalization of Reserves of Up to EUR 1.3 Million for Bonus Issue or Increase in Par Value	For	For	Management
29	Authorize Issuance of Equity or Equity-Linked Securities Reserved to Qualified Investors Up to Aggregate Nominal Amount of EUR 1.3 Million	For	Against	Management
30	Authorize Issuance of Shares with and Without Warrants Attached Reserved to Board Members in the Maximum Aggregate Nominal Amount of EUR 30,000	For	Against	Management
31	Amend Articles of Association to Reflect 2003 Legal Changes Re: Shareholding Disclosure Requirements, Auditor Attendance at Board Meetings, and Related-Party Transactions	For	Against	Management
32	Amend Articles of Association Re: Cancellation of Warrants	For	Against	Management
33	Authorize Filing of Required Documents/Other Formalities	For	For	Management

70

BUSINESS OBJECTS S.A.

Ticker:	BOBJ	Security ID:	FR0004026250
Meeting Date:	DEC 11, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Acquisition of Crystal Decsions Inc. and Approve Terms of Merger Agreement	For	For	Management
2	Approve Issuance of Up to 37 Million Shares in Connection with Acquisition, and Amend Articles Accordingly	For	For	Management
3	Approve Issuance of Warrants to Subscribe to Up to 15,000 Shares to David J. Roux	For	For	Management
4	Authorize Issuance of Up to 250,000 Shares Reserved for Business Objects SA Employee Benefits Trust for Use in 1995 International Employee Stock Purchase Plan	For	For	Management
5	Approve Issuance of Up to 50,000 Shares Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
6	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 1.3 Million	For	For	Management
7	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 1.3 Million	For	For	Management
8	Amend 2001 Executive Stock Option Plan Re: Number of Available Shares	For	Against	Management
9	Elect David J. Roux as Director	For	For	Management
10	Approve Increase in Director Remuneration to Aggregate Amount of EUR 350,000	For	For	Management
11	Authorize Filing of Required Documents/Other Formalities	For	For	Management

CABLE & WIRELESS PLC

Ticker:	CWP	Security ID:	GB0001625572
Meeting Date:	JUL 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Elect Charles Herlinger as Director	For	For	Management
4	Elect Lord Robertson as Director	For	For	Management
5	Re-elect Richard Lapthorne as Director	For	For	Management
6	Re-elect Graham Howe as Director	For	For	Management
7	Re-appoint KPMG Audit Plc as Auditors of the Company	For	For	Management
8	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
9	Amend The Cable & Wireless Incentive Plan 2001	For	For	Management
10	Amend The Cable & Wireless Deferred Short Term Incentive Plan	For	For	Management
11	Authorise the Directors to Operate The Cable & Wireless Incentive Plan 2001	For	For	Management
12	Authorise the Company to Make EU Political Donations up to Aggregate Nominal Amount of GBP 200,000 and to Incur Political Expenditure up to GBP 200,000	For	For	Management
13	Authorise 357 Million Ordinary Shares for Market Purchase	For	For	Management
14	Amend Articles of Association Re: Dividends	For	For	Management
15	Approve Scrip Dividend	For	For	Management
16	Approve Final Dividend of 3.15 Pence Per Ordinary Share	For	For	Management

71

CADBURY SCHWEPPES PLC

Ticker:	CSG	Security ID:	GB0006107006
Meeting Date:	MAY 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 8.35 Pence Per Ordinary Share	For	For	Management
3	Approve Remuneration Report	For	For	Management
4	Re-elect John Sunderland as Director	For	For	Management
5	Elect Ken Hanna as Director	For	For	Management
6	Re-elect Rick Braddock as Director	For	For	Management
7	Re-elect Roger Carr as Director	For	For	Management
8	Re-elect David Thompson as Director	For	For	Management
9	Re-appoint Deloitte and Touche LLP as Auditors of the Company	For	For	Management
10	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 85.27 Million	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 12.92 Million	For	For	Management
13	Authorise 25.84 Million Ordinary Shares for Market Purchase	For	For	Management
14	Amend Cadbury Schweppes Share Option Plan 1994	For	For	Management
15	Amend Cadbury Schweppes plc 1997 Long-Term Incentive Plan	For	For	Management
16	Approve Cadbury Schweppes Bonus Share Retention Plan 2004	For	For	Management
17	Amend Overseas Employee Share Schemes	For	For	Management
18	Authorise the Board to Establish Further Employees Share Plan or Plans	For	For	Management

72

CANON INC.

Ticker:	CAJ	Security ID:	JP3242800005
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 15, Final JY 35, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
3.18	Elect Director	For	For	Management
3.19	Elect Director	For	For	Management
3.20	Elect Director	For	For	Management
3.21	Elect Director	For	For	Management
3.22	Elect Director	For	For	Management
3.23	Elect Director	For	For	Management
3.24	Elect Director	For	For	Management
3.25	Elect Director	For	For	Management
3.26	Elect Director	For	For	Management
3.27	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Appoint Additional External Auditor	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management
7	Approve Adjustment to Aggregate Compensation Ceiling for Directors and Statutory Auditors	For	For	Management

73

CAP GEMINI SA

Ticker:		Security ID:	FR0000125338
Meeting Date:	APR 15, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Discharge Directors	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
4	Approve Treatment of Losses	For	For	Management
5	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
6	Ratify Appointment of Yann Delabriere as Director	For	Against	Management
7	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
8	Authorize Issuance of Equity with Preemptive Rights up to Aggregate Nominal Amount of EUR 451 Million	For	For	Management
9	Authorize Issuance of Equity without Preemptive Rights up to Aggregate Nominal Amount of EUR 451 Million	For	For	Management
10	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
11	Approve Issuance of Warrants with Preemptive Rights up to Aggregate Nominal Amount of EUR 400 Million	For	For	Management
12	Approve Issuance of Warrants without Preemptive Rights up to Aggregate Nominal Amount of EUR 400 Million	For	Against	Management
13	Authorize Issuance of Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 400 Million	For	For	Management
14	Authorize Issuance of Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 400 Million	For	For	Management
15	Authorize Capital Increase for Future Exchange Offers	For	Against	Management
16	Set Global Limit for Capital Increase to Result from All Issuance Requests at EUR 451 Million	For	For	Management
17	Authorize Filing of Required Documents/Other Formalities	For	For	Management

CAP GEMINI SA

Ticker:		Security ID:	FR0000125338
Meeting Date:	DEC 3, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorize Board to Issue Up to 6,276,554 Shares Reserved to Transiciel Shareholders Who Tendered Their Transiciel Shares Pursuant to Cap Gemini Share Exchange Offer	For	For	Management
2	Authorize Board to Issue Up to 18,829,662 Million Warrants and Up to 1,176,853 Shares to Transiciel Shareholders Who Tendered Their Transiciel Shares Pursuant to Alternative to Share Exchange Offer	For	For	Management
3	Authorize Filing of Required Documents/Other Formalities	For	For	Management

74

CAPITA GROUP PLC

Ticker:		Security ID:	GB0001734747
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 2.7 Pence Per Share	For	For	Management
4	Re-elect Rodney Aldridge as Director	For	For	Management
5	Re-elect Peter Cawdron as Director	For	For	Management
6	Re-appoint Ernst and Young LLP as Auditors of the Company	For	For	Management
7	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
8	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 4,403,547	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 667,207	For	For	Management
10	Authorise 66,720,159 Ordinary Shares for Market Purchase	For	For	Management

CARLTON COMMUNICATIONS PLC

Ticker:	CCTVY	Security ID:	GB0003419255
Meeting Date:	JAN 13, 2004	Meeting Type:	Court
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	To Give Effect to the Scheme of Arrangement Between the Company and Holders of its Ordinary Shares	For	For	Management

75

CARLTON COMMUNICATIONS PLC

Ticker:	CCTVY	Security ID:	GB0003419255
Meeting Date:	JAN 13, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	To Give Effect to the Scheme of Arrangement Between the Company and Holders of its Ordinary Shares	For	For	Management
2	To Give Effect to the Scheme of Arrangement Between the Company and Holders of its 6.5 Pence Cumulative Convertible Redeemable Preference Shares	For	For	Management
3	Approve ITV Approved Executive Share Option Scheme	For	For	Management
4	Approve ITV Unapproved Executive Share Option Plan	For	For	Management
5	Approve ITV Commitment Scheme	For	For	Management
6	Approve ITV Savings-Related Share Option Plan	For	For	Management
7	Approve ITV Share Incentive Plan	For	For	Management
8	Establish Plans for Oversea Employees of ITV	For	For	Management

CARNIVAL PLC (FORMERLY P & O PRINCESS CRUISES PLC)

Ticker:		Security ID:	GB0031215220
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Re-elect Micky Arison as Director of Carnival Corporation and Carnival plc	For	For	Management
2	Re-elect Ambassador Richard Capen Jr as Director of Carnival Corporation and Carnival plc	For	For	Management
3	Re-elect Robert Dickinson as Director of Carnival Corporation and Carnival plc	For	For	Management
4	Re-elect Arnold Donald as Director of Carnival Corporation and Carnival plc	For	For	Management
5	Re-elect Pier Luigi Foschi as Director of Carnival Corporation and Carnival plc	For	For	Management
6	Re-elect Howard Frank as Director of Carnival Corporation and Carnival plc	For	For	Management
7	Re-elect Baroness Hogg as Director of Carnival Corporation and Carnival plc	For	For	Management
8	Re-elect Kirk Lanterman as Director of Carnival Corporation and Carnival plc	For	For	Management
9	Re-elect Modesto Maidique as Director of Carnival Corporation and Carnival plc	For	For	Management
10	Elect John McNulty as Director of Carnival Corporation and Carnival plc	For	For	Management
11	Re-elect Peter Ratcliffe as Director of Carnival Corporation and Carnival plc	For	For	Management
12	Re-elect Sir John Parker as Director of Carnival Corporation and Carnival plc	For	For	Management
13	Re-elect Stuart Subotnick as Director of Carnival Corporation and Carnival plc	For	For	Management
14	Re-elect Uzi Zucker as Director of Carnival Corporation and Carnival plc	For	For	Management
15	Reappoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
16	Authorise the Board to Fix Remuneration of the Auditors	For	For	Management
17	Accept Financial Statements and Statutory Reports	For	For	Management
18	Approve Remuneration Report	For	For	Management
19	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of USD 24,299,397	For	For	Management
20	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of USD 17,535,030	For	For	Management

76

CARREFOUR S.A.

Ticker:		Security ID:	FR0000120172
Meeting Date:	APR 19, 2004	Meeting Type:	Annual/Special
Record Date:

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

CARTER HOLT HARVEY LTD.

Ticker:		Security ID:	NZCAHE0001S6
Meeting Date:	JUL 22, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Return of Capital to Shareholders	For	For	Management

77

CARTER HOLT HARVEY LTD.

Ticker:		Security ID:	NZCAHE0001S6
Meeting Date:	MAY 5, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Andrew R. Lessin as Director	For	For	Management
2	Elect T. Kerry McDonald as Director	For	For	Management
3	Elect Brian N. G. McDonald as Director	For	For	Management
4	Elect Helen M. Nugent as Director	For	For	Management
5	Approve Ernst & Young and Deloitte as Joint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management

CASINO GUICHARD-PERRACHON & CIE

Ticker:		Security ID:	FR0000125585
Meeting Date:	SEP 4, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Unitary Board Structure	For	For	Management
2	Adopt New Articles of Asscociation to Reflect Changes in Board Structure	For	For	Management
3	Confirm Authorities to Issue Equity and Equity-Linked Securities with and without Preemptive Rights and Authority to Reduce Share Capital via Cancellation of Repurchased Shares Approved by Shareholders at 2001, 2002, and 2003 EGMs	For	Against	Management
4	Authorize Filing of Required Documents/Other Formalities	For	For	Management
5	Elect Pierre Bouchut as Director	For	For	Management
6	Elect Christian Couvreux as Director	For	For	Management
7	Elect David Dautresme as Director	For	For	Management
8	Elect Abilio Dos Santos Diniz as Director	For	For	Management
9	Elect Antoine Guichard as Director	For	For	Management
10	Elect Yves Guichard as Director	For	For	Management
11	Elect Philippe Houze as Director	For	For	Management
12	Elect Marc Ladreit de Lacharriere as Director	For	For	Management
13	Elect Francis Mayer as Director	For	For	Management
14	Elect Jean-Charles Naouri as Director	For	For	Management
15	Elect Gilles Pinoncely as Director	For	For	Management
16	Elect David de Rothschild as Director	For	For	Management
17	Elect Societe Euris as Director	For	For	Management
18	Elect Societe Finatis as Director	For	For	Management
19	Elect Fonciere Euris as Director	For	For	Management
20	Elect Groupe Euris as Director	For	For	Management
21	Elect Omnium de Commerce et de Participations SAS as Director	For	For	Management
22	Elect Societe Parcade SAS as Director	For	For	Management
23	Appoint Jacques Getten as Censor	For	For	Management
24	Appoint Gerard Mestrallet as Censor	For	For	Management
25	Confirm Authority to Issue Bonds/Debentures and Authority to Repurchase Shares Approved by Shareholders at May 2003 AGM	For	For	Management
26	Approve Remuneration of Directors in the Aggregate Amount of EUR 610,000	For	For	Management
27	Approve Remuneration of Censors in the Aggregate Amount of EUR 50,000	For	For	Management
28	Authorize Filing of Required Documents/Other Formalities	For	For	Management

78

CASINO GUICHARD-PERRACHON & CIE

Ticker:		Security ID:	FR0000125585
Meeting Date:	MAY 27, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Dividends of EUR 2.97 per Share	For	For	Management
3	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
4	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
5	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
6	Ratify Appointment of Henri Proglio as Director	For	For	Management
7	Appoint Henri Giscard d’Estaing as Censor Pursuant to Dec. 9, 2003, Board Meeting	For	For	Management
8	Ratify Appointment of Henri Giscard d’Estaing as Director, Pursuant to April 8, 2004, Board Meeting	For	For	Management
9	Ratify Ernst & Young Audit as Auditors	For	For	Management
10	Ratify Didier Kling & Associes as Auditors	For	For	Management
11	Ratify Philippe Duchesne as Alternate Auditor	For	For	Management
12	Ratify Christophe Bonte as Alternate Auditor	For	For	Management
13	Authorize Issuance of Equity without Preemptive Rights up to Aggregate Nominal Amount of EUR 200 Million	For	Against	Management
14	Approve Issuance of Warrants without Preemptive Rights	For	Against	Management
15	Authorize Issuance of Convertible Bonds without Preemptive Rights	For	Against	Management
16	Authorize Issuance of Bonds with Warrants Attached without Preemptive Rights	For	Against	Management
17	Authorize Issuance of Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 200 Million	For	Against	Management
18	Set Global Limit for Capital Increase to EUR 200 Million	For	Against	Management
19	Approve Stock Option Plan Grants to Purchase Existing Shares	For	Against	Management
20	Approve Stock Option Plan Grants to Subscribe for Newly Issued Shares	For	Against	Management
21	Authorize Capital Increase of Up to EUR 200 Million for Future Exchange Offers	For	Against	Management
22	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
23	Approve Merger by Absorption of Wholly-Owned Subsidiary Dechrist Holding	For	For	Management
24	Amend Articles of Association to Reflect 2003 Legal Changes Re: Shareholding Disclosure Requirement	For	Against	Management
25	Amend Articles of Association to Remove Citizenship Requirement to Qualify for Double Voting Rights	For	For	Management

79

CASIO COMPUTER CO. LTD.

Ticker:		Security ID:	JP3209000003
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 15, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management
6	Approve Executive Stock Option Plan	For	For	Management

CATHAY PACIFIC AIRWAYS

Ticker:		Security ID:	HK0293001514
Meeting Date:	MAY 12, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Final Dividend	For	For	Management
2a	Reelect Robert Atkinson as Director	For	For	Management
2b	Reelect Derek Cridland as Director	For	For	Management
2c	Reelect Zhang Xianlin as Director	For	For	Management
3	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
4	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
5	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
6	Authorize Reissuance of Repurchased Shares	For	For	Management
7	Approve Annual Director Fees Not Exceeding HK$3 Million	For	For	Management
8	Amend Articles Re: Postponement and Voting at General Meetings, Manner of Conducting Board Meetings, Inclusion of Electronic Communication	For	For	Management

80

CELESIO AG (FORMERLY GEHE AG)

Ticker:		Security ID:	DE0005858005
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 0.90 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify PricewaterhouseCoopers Deutsche Revision AG as Auditors	For	For	Management

CEMIG, COMPANHIA ENERGETICA DE MINAS GERAIS

Ticker:	CZME70	Security ID:	BRCMIGACNPR3
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Approve Allocation of Income	For	Did Not Vote	Management
3	Approve Payment of Dividends and Interest on Capital of BRL 320.5 Million	For	Did Not Vote	Management
4	Elect Supervisory Board Members and Alternates; Fix Their Remuneration	For	Did Not Vote	Management
5	Approve Remuneration of Directors	For	Did Not Vote	Management
6	Grant Executive Officer Board Authorization to Exercise Duties Regulated Under Article 17 of Bylaws, Pending Decision of ANEEL	For	Did Not Vote	Management
7	Amend Contract Agreement Between State of Minas Gerais and Company Re: ‘Contrato de Cessao de Credito da Conta de Resultados a Compensar’; Approve New Dividend Policy	None	Did Not Vote	Shareholder

CENTERPULSE AG (FORMERLY SULZER MEDICA LTD)

Ticker:	CPSJY	Security ID:	CH0006544859
Meeting Date:	OCT 9, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Discharge of Management Board	For	For	Management
2.1	Approve Early Termination of Board Members Max Link, Johannes Randegger, Rolf Watter, Rene Braginsky, Steffen Gay, and Larry Mathis	For	For	Management
2.2.1	Elect J. Raymond Elliott as Directors	For	For	Management
2.2.2	Elect Robert Furter as Directors	For	For	Management
2.2.3	Elect Jakob Hoehn as Directors	For	For	Management
2.2.4	Elect Christian Roos as Directors	For	For	Management

81

CENTRAL JAPAN RAILWAY CO.

Ticker:		Security ID:	JP3566800003
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 2500, Final JY 2500, Special JY 0	For	For	Management
2.1	Elect Director	For	For	Management
2.2	Elect Director	For	For	Management
2.3	Elect Director	For	For	Management
2.4	Elect Director	For	For	Management
2.5	Elect Director	For	For	Management
2.6	Elect Director	For	For	Management
2.7	Elect Director	For	For	Management
2.8	Elect Director	For	For	Management
2.9	Elect Director	For	For	Management
2.10	Elect Director	For	For	Management
2.11	Elect Director	For	For	Management
2.12	Elect Director	For	For	Management
2.13	Elect Director	For	For	Management
2.14	Elect Director	For	For	Management
2.15	Elect Director	For	For	Management
2.16	Elect Director	For	For	Management
2.17	Elect Director	For	For	Management
2.18	Elect Director	For	For	Management
2.19	Elect Director	For	For	Management
3	Appoint Internal Statutory Auditor	For	For	Management

CENTRICA PLC

Ticker:		Security ID:	GB0005734388
Meeting Date:	MAY 10, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 3.7 Pence Per Share	For	For	Management
4	Re-elect Phil Bentley as Director	For	For	Management
5	Re-elect Mark Clare as Director	For	For	Management
6	Re-elect Roger Carr as Director	For	For	Management
7	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
8	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 37,993,659	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 11,850,317	For	For	Management
11	Authorise 426,611,414 Ordinary Shares for Market Purchase	For	For	Management
12	Authorise EU Political Donations up to Aggregate Nominal Amount of GBP 125,000	For	For	Management

82

CENTRO PROPERTIES LTD.

Ticker:		Security ID:	AU000000CEP9
Meeting Date:	SEP 18, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Ratify the Issuance of 10.34 Million Stapled Securities at AUD1.05 Per Stapled Security on July 25, 2003	For	For	Management
2	Ratify the Issuance of 1.74 Million Stapled Securities at AUD4.05 Per Stapled Security on July 25, 2003 Under the Terms of the Group’s Employee Share Plan on July 25, 2003	For	For	Management
3	Ratify the Issuance of 48.90 Million Stapled Securities at AUD3.90 Per Stapled Security on Aug. 5, 2003	For	For	Management

CENTRO PROPERTIES LTD.

Ticker:		Security ID:	AU000000CEP9
Meeting Date:	OCT 24, 2003	Meeting Type:	Annual
Record Date:	OCT 22, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Elect Brian Healey as Director	For	For	Management
2b	Elect Peter Graham Goldie as Director	For	For	Management
1	Amend Articles Re: Trust Deed	For	For	Management
2a	Approve Issuance of Stapled Securities on or Before Oct. 24, 2004 Pursuant to the Security Purchase Plan	For	For	Management
2b	Approve Issuance of Up to 1.2 Million Stapled Securities to Andrew Thomas Scott, Chief Executive Officer	For	For	Management

CENTRO PROPERTIES LTD.

Ticker:		Security ID:	AU000000CEP9
Meeting Date:	JUL 4, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Issue of 54.5 Million Stapled Securities	For	For	Management

83

CHAROEN POKPHAND FOODS PCL (CP FEEDMILL CO. LTD.)

Ticker:		Security ID:	TH0101010Z14
Meeting Date:	APR 21, 2004	Meeting Type:	Annual
Record Date:	APR 1, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Minutes of Previous AGM	For	For	Management
2	Accept Report on Company Performance in 2003	For	For	Management
3	Accept Financial Statements and Statutory Reports	For	For	Management
4	Accept Acknowledgement of Interim Dividend	For	For	Management
5	Approve Allocation of Income and Final Dividend of Baht 0.04 per Share	For	For	Management
6	Amend Articles of Association Re: Company Objectives	For	For	Management
7	Elect Directors	For	For	Management
8	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Other Business	For	Against	Management

CHARTERED SEMICONDUCTOR MANUF.

Ticker:		Security ID:	SG1H23874727
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2a	Reelect Andre Borrel as Director	For	For	Management
2b	Reelect Tay Siew Choon as Director	For	For	Management
2c	Reelect Peter Seah Lim Huat as Director	For	For	Management
2d	Reelect Philip Tan Yuen Fah as Director	For	For	Management
3a	Reelect Charles Thompson as Director	For	For	Management
3b	Reelect Robert La Blanc as Director	For	For	Management
4	Reappoint KPMG as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5	Approve Directors’ Fees of SGD 427,125	For	For	Management
6	Approve Issuance of Shares and Grant of Options Pursuant to the Employees Share Purchase Plan	For	Against	Management
7	Approve Issuance of Shares and Grant of Options Pursuant to the Share Purchase Plan 2004 for Employees of SIlicon Manufacturing Partners Pte. Ltd.	For	Against	Management
8a	Approve Issuance of Shares without Preemptive Rights	For	For	Management
8b	Approve Creation and Issuance of of Securities Pursuant to the Issaunce of Shares without Preemptive Rights	For	For	Management
8c	Approve Grant of Options and Issuance of Shares Pursuant to the Share Option Plan 1999 Under the Share Issuance Mandate	For	Against	Management

84

CHEUNG KONG HOLDINGS

Ticker:	CHEUY	Security ID:	HK0001000014
Meeting Date:	MAY 20, 2004	Meeting Type:	Special
Record Date:	MAY 18, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles Re: Nomination of Directors, Voting at Meetings, Issuance of Share Certificate, Removal of Director by Ordinary Resolution	For	For	Management

CHEUNG KONG HOLDINGS

Ticker:	CHEUY	Security ID:	HK0001000014
Meeting Date:	MAY 20, 2004	Meeting Type:	Annual
Record Date:	MAY 18, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$1.30 Per Share	For	For	Management
3a	Reelect Chung Sun Keung, Davy as Director	For	For	Management
3b	Reelect Ip Tak Chuen, Edmond as Director	For	For	Management
3c	Reelect Chiu Kwok Hung, Justin as Director	For	For	Management
3d	Reelect Chow Kun Chee, Roland as Director	For	For	Management
3e	Reelect Wong Yick-ming, Rosanna as Director	For	For	Management
3f	Reelect Yeh Yuan Chang, Anthony as Director	For	For	Management
4	Reappoint Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5a	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
5b	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
5c	Authorize Reissuance of Repurchased Shares	For	For	Management

CHEUNG KONG INFRASTRUCTURE

Ticker:		Security ID:	BMG2098R1025
Meeting Date:	MAY 13, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles Re: Editing Changes and Director’s Material Interest in Contracts	For	For	Management

85

CHEUNG KONG INFRASTRUCTURE

Ticker:		Security ID:	BMG2098R1025
Meeting Date:	MAY 13, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$0.50 Per Share	For	For	Management
3a	Reelect Fok Kin Ning, Canning as Director	For	For	Management
3b	Reelect Chow Woo Mo Fong, Susan as Director	For	For	Management
3c	Reelect Cheong Ying Chew, Henry as Director	For	For	Management
4	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5a	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
5b	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
5c	Authorize Reissuance of Repurchased Shares	For	For	Management

CHINA LIFE INSURANCE CO LTD

Ticker:		Security ID:	6718976
Meeting Date:	JUN 18, 2004	Meeting Type:	Annual
Record Date:	MAY 18, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Report of the Board of Directors	For	For	Management
2	Accept Report of the Supervisory Committee	For	For	Management
3	Accept Financial Statements and Statutory Reports	For	For	Management
4	Approve PricewaterhouseCoopers Zhong Tian CPAs and PricewaterhouseCoopers as PRC Auditors and International Auditors, Respectively, and Authorize Board to Fix Their Remuneration	For	For	Management
5	Appoint Daniel Joseph Kunesh as Director	For	For	Management
6	Appoint Sun Shuyi as Director	For	For	Management
7	Appoint Cai Rang as Director	For	For	Management
8	Appoint Fan Yingjun as Director	For	For	Management
9	Appoint Ren Honghin as Supervisor	For	For	Management
10	Appoint Tian Hui as Supervisor	For	For	Management
11	Amend Articles Re: Voting at General Meetings, Board Composition, Nomination of Directors	For	For	Management
12	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management

86

CHINA OILFIELD SERVICES LTD

Ticker:		Security ID:	CN0007789299
Meeting Date:	MAY 27, 2004	Meeting Type:	Annual
Record Date:	MAY 27, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of RMB0.0227 Per Share	For	For	Management
3	Approve Budget for Fiscal Year 2004	For	For	Management
4	Accept Directors’ Report	For	For	Management
5	Accept Supervisory Committee Report	For	For	Management
6	Elect Two Directors and Fix Their Remuneration	For	For	Management
7	Reappoint Ernst & Young Hua Ming and Ernst & Young as Domestic and International Auditors and Authorize Board to Fix Their Remuneration	For	For	Management

CHINA PETROLEUM & CHEMICAL CORP.

Ticker:		Security ID:	CN0005789556
Meeting Date:	OCT 15, 2003	Meeting Type:	Special
Record Date:	SEP 15, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorize Issuance of 03 Sinopec Bonds Amounting to Approximately RMB3.5 Billion	For	For	Management
2	Authorize Board to Deal with All Matters in Connection with the Bond Issuance	For	For	Management

CHINA PETROLEUM & CHEMICAL CORP.

Ticker:		Security ID:	CN0005789556
Meeting Date:	DEC 18, 2003	Meeting Type:	Special
Record Date:	NOV 17, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Major Ongoing Connected Transactions	For	For	Management
2	Approve Deminimus Ongoing Connected Transactions	For	For	Management

CHINA SHIPPING DEVELOPMENT CO.(FORMERLY SHANGHAI HAI XING)

Ticker:		Security ID:	CN0008932385
Meeting Date:	MAR 9, 2004	Meeting Type:	Special
Record Date:	FEB 6, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Agreement Between China Shipping Devt. Co. Ltd and China Shipping (Group) Co.	For	For	Management

87

CHINA SHIPPING DEVELOPMENT CO.(FORMERLY SHANGHAI HAI XING)

Ticker:		Security ID:	CN0008932385
Meeting Date:	JUN 10, 2004	Meeting Type:	Annual
Record Date:	MAY 10, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Report of the Directors	For	For	Management
2	Accept Report of the Supervisory Committee	For	For	Management
3	Accept Financial Statements and Statutory Reports	For	For	Management
4	Approve Profit Distribution Plan	For	For	Management
5	Approve Remuneration of Directors and Supervisors	For	For	Management
6	Reappoint Shanghai Zhonghua Huying CPA and Ernst & Young as Domestic and International Auditors Respectively and Authorize Board to Fix Their Remuneration	For	For	Management
7	Elect Sun Zhitang as Director	For	For	Management
8	Approve Establishment of Audit Committee	For	For	Management
9	Approve Establishment of Strategy Committee	For	For	Management
10	Amend Articles Re: Voting at General Meetings, Nomination of Directors, Material Interest of Directors in Contracts Entered into by the Company, Provision of Guarantee to Outside Parties	For	For	Management

CHINA SOUTHERN AIRLINES LTD

Ticker:		Security ID:	CN0009084145
Meeting Date:	JUN 16, 2004	Meeting Type:	Annual
Record Date:	MAY 17, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Report of the Directors	For	For	Management
2	Accept Report of the Supervisory Committee	For	For	Management
3	Accept Financial Statements	For	For	Management
4	Approve Profit Distribution Budget	For	For	Management
5	Approve KPMG and KPMG Huazhen as International and PRC Auditors Respectively and Authorize Board to Fix Their Remuneration	For	For	Management
6	Elect Yan Zhi Qing, Liu Ming Qi, Wang Chang Shun, Peng An Fa, Wang Quan Hua, Zhao Liu An, Zhou Yong Qian, Zhou Yong Jin, Xu Jie Bo, Wu Rong Nan, Simon To, Peter Lok, Wei Ming Hai, Wang Zhi and Sui Guang Jun as Directors and Fix Their Remuneration	For	For	Management
7	Approve Resignation of Liang Hua Fu, Gan Yu Hua and Li Qi Hong and Election of Sun Xiao Yi, Yang Guang Hua and Yang Yi Hua as Supervisors and Authorize Supervisory Committee to Fix Their Remuneration	For	For	Management
8	Approve Amendments to the Rules of Procedures for Shareholders’ General Meetings	For	For	Management
9	Approve Amendments to the Rules of Procedures for Board of Directors	For	For	Management
1	Amend Articles Re: Voting at General Meetings, Election and Nomination of Directors, Board Meetings, Matters to be Resolved by Ordinary Resolution at General Meetings	For	For	Management

88

CHINA TELECOM CORP LTD

Ticker:		Security ID:	CN0007867483
Meeting Date:	MAY 3, 2004	Meeting Type:	Special
Record Date:	APR 2, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Issuance and Allotment of Up to 8.3 Billion New H Shares	For	Did Not Vote	Management
2	Approve Increase in Registered Capital	For	Did Not Vote	Management
3	Approve Waiver by H Shareholders of Their Preemptive Rights Over Any or All of the New H Shares that may be Issued and Allotted Pursuant to the First Resolution	For	Did Not Vote	Management

CHINA TELECOM CORP LTD

Ticker:		Security ID:	CN0007867483
Meeting Date:	DEC 15, 2003	Meeting Type:	Special
Record Date:	NOV 14, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Acquisition of the Entire Issued Capital of Anhui Telecom, Fujian Telecom, Jiangxi Telecom, Guangxi Telecom, Chongqing Telecom and Sichuan Telecom and Certain Network Management, Research and Development Facilities	For	For	Management
2	Approve Connected Transaction with a Related Party	For	For	Management
3	Amend Articles Re: Update Service Areas of the Company	For	For	Management

89

CHINA TELECOM CORP LTD

Ticker:		Security ID:	CN0007867483
Meeting Date:	JUN 9, 2004	Meeting Type:	Special
Record Date:	MAY 7, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Acquisition Agreement Between China Telecom Corp. Ltd. and China Telecommunications Corp.	For	For	Management
2	Approve Prospective Connected Transaction with a Related Party	For	For	Management
3	Amend Articles Re: Service Areas of the Company	For	For	Management
4	Amend Articles Re: Voting at General Meetings, Nomination of Directors	For	For	Management

CHINA TELECOM CORP LTD

Ticker:		Security ID:	CN0007867483
Meeting Date:	MAY 3, 2004	Meeting Type:	Special
Record Date:	APR 2, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Issuance and Allotment of Up to 8.3 Billion New H Shares	For	Did Not Vote	Management
2	Approve Increase in Registered Capital	For	Did Not Vote	Management
3	Approve Waiver by H Shareholders of Their Preemptive Rights Over Any or All of the New H Shares that may be Issued and Allotted Pursuant to the First Resolution	For	Did Not Vote	Management

90

CHUBU ELECTRIC POWER CO. INC.

Ticker:		Security ID:	6195609
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 30, Final JY 30, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management
5	Amend Articles of Incorporation to Prohibit Directors from Holding Posts as Employees of the Company	Against	Against	Shareholder
6	Amend Articles to Require Disclosure of Individual Compensation Levels of Directors and Statutory Auditors	Against	Against	Shareholder
7	Amend Articles to Prohibit Use of Plutonium and Cancel Plans to Generate Power Using Plutonium Thermal Process	Against	Against	Shareholder
8	Amend Articles to Require Appropriate Storage of Depleted Uranium	Against	Against	Shareholder
9	Amend Articles to Require Disclosure of Information Related to Public Safety	Against	Against	Shareholder
10	Amend Articles to Require Shutdown of Hamaoka Nuclear Power Station Until Occurrence of Major Earthquake in the Tokai Region	Against	Against	Shareholder
11	Amend Articles to Require Withdrawal from Nuclear Power Generation	Against	Against	Shareholder
12	Approve Alternate Income Allocation Proposal, with Allocation of Funds to a Reserve Account for Losses Associated with Shutdown of Hamaoka Nuclear Power Station	Against	Against	Shareholder
13	Amend Articles to Require Cessation of Construction of Hydro-Electric Plants	Against	Against	Shareholder

CHUGAI PHARMACEUTICAL CO. LTD.

Ticker:		Security ID:	JP3519400000
Meeting Date:	MAR 25, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 13, Special JY 0	For	For	Management
2.1	Elect Director	For	For	Management
2.2	Elect Director	For	For	Management
2.3	Elect Director	For	For	Management
2.4	Elect Director	For	For	Management
2.5	Elect Director	For	For	Management
2.6	Elect Director	For	For	Management
2.7	Elect Director	For	For	Management
2.8	Elect Director	For	For	Management
2.9	Elect Director	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management
6	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management

91

CIBA SPECIALTY CHEMICALS AG

Ticker:		Security ID:	CH0005819724
Meeting Date:	FEB 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Dividends of CHF 3.00 per Share	For	For	Management
3	Approve Discharge of the Board and Senior Management	For	For	Management
4	Approve CHF 7.8 Million Reduction in Share Capital via Cancellation of Shares	For	For	Management
5	Approve CHF 212.5 Million Reduction in Share Capital via Repayment to Shareholders	For	For	Management
6	Amend Articles Re: Submission of Shareholder Proposals	For	For	Management
7	Approve Creation of CHF 12 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
8	Reelect Gertrud Hoehler and Armin Meyer as Directors	For	For	Management
9	Ratify Ernst & Young AG, Zurich as Auditors	For	For	Management

CITIZEN WATCH CO. LTD.

Ticker:		Security ID:	6197304
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4.5, Final JY 5.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion - Limit Liability of Directors and Statutory Auditors - Authorize Appointment of Alternate Statutory Auditors	For	For	Management
3	Approve Executive Stock Option Plan	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management
4.11	Elect Director	For	For	Management
4.12	Elect Director	For	For	Management
4.13	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
5.3	Appoint Internal Statutory Auditor	For	For	Management
6	Appoint Alternate Internal Statutory Auditor	For	For	Management
7	Approve Retirement Bonuses for Directors	For	For	Management

92

CITY DEVELOPMENTS LTD.

Ticker:		Security ID:	SG1R89002252
Meeting Date:	APR 29, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Special Cash Dividend for Each Ordinary Share Held in the Company	For	For	Management
2	Approve Issuance of Up to 82.72 Million Bonus Warrants on the Basis of One Bonus Warrant for Every Ten Shares Held	For	For	Management
3	Approve Rights Issue of Up to 330.87 Million Nonreedemable Convertible Noncumulative Preference Shares	For	For	Management
4	Approve Increase in Authorized Capital	For	For	Management
5	Amend Memorandum of Association Re: To Reflect New Share Capital of the Company	For	For	Management
6	Authorize Share Repurchase Program	For	For	Management
7	Approve Issuance of Shares without Preemptive Rights	For	For	Management
1	Amend Articles of Association of the Company in Conjunction with the Rights Issue	For	For	Management
2	Amend Articles of Association	For	For	Management

CITY DEVELOPMENTS LTD.

Ticker:		Security ID:	SG1R89002252
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final Dividend	For	For	Management
3	Approve Directors’ Fees of SGD 220,000 for the Year Ended Dec. 31, 2003, and Approve Audit Committee Fees of SGD 42,500 Per Quarter for the Period Commencing from July 1, 2004 to June 30, 2005	For	For	Management
4a	Reelect Kwek Leng Beng as Director	For	For	Management
4b	Reelect Kwek Leng Peck as Director	For	For	Management
5a	Reappoint Sim Miah Kian as Director	For	For	Management
5b	Reappoint Tan Tong as Director	For	For	Management
5c	Reappoint Ong Pang Boon as Director	For	For	Management
5d	Reappoint Chee Keng Soon as Director	For	For	Management
5e	Reappoint Tang See Chim as Director	For	For	Management
6	Reappoint KPMG as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Other Business (Voting)	For	Against	Management
8	Approve Issuance of Shares and Grant of Options Pursuant to the Share Option Scheme 2001	For	Against	Management
9	Approve Mandate for Transactions with Related Parties	For	For	Management

93

CLP HOLDINGS (FORMERLY CHINA LIGHT & POWER)

Ticker:		Security ID:	6097017
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Approve Final Dividend of HK$0.65 Per Share	For	For	Management
2b	Approve Special Final Dividend of HK$0.10 Per Share	For	For	Management
3a	Reelect Vernon Francis Moore as Director	For	For	Management
3b	Reelect Rudolf Bischof as Director	For	For	Management
3c	Reelect Loh Chung Hon, Hansen as Director	For	For	Management
3d	Reelect William Elkin Mocatta as Director	For	For	Management
3e	Reelect Lee Yui Bor as Director	For	For	Management
4	Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5	Amend Articles Re: Recognized Clearing House, Appointment of Chairman or Managing Director, and Addition of Technical Definitions	For	For	Management
6	Approve Rotation and Eventual Reelection of Executive Directors Holding Office of Not More Than Three Years	For	For	Management
7	Reelect Tse Pak Wing, Peter as Executive Director	For	For	Management
8a	Approve Remuneration of Chairman, Vice Chairmen and Non-Executive Directors Amounting to HK$280,000, HK$220,000 and HK$200,000 Respectively	For	For	Management
8b	Approve Remuneration of Non-Executive Directors Serving on Different Board Committees of the Company	For	For	Management
9	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
10	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
11	Authorize Reissuance of Repurchased Shares	For	For	Management

CNP ASSURANCES

Ticker:		Security ID:	FR0000120222
Meeting Date:	JUN 8, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 2.295 per Share	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Ratify Cooptation of Etienne Bertier as Supervisory Board Member	For	For	Management
6	Ratify Cooptation of Anthony Orsatelli as Supervisory Board Member	For	For	Management
7	Ratify Cooptation of Nicolas Merindol as Supervisory Board Member	For	For	Management
8	Ratify Cooptation of Jerome Gallot as Supervisory Board Member	For	For	Management
9	Ratify Cooptation of Dominique Marcel as Supervisory Board Member	For	For	Management
10	Elect Philippe Baumlin as Supervisory Board Member	For	For	Management
11	Approve Resignation of Jean Lecointre as Censor	For	For	Management
12	Ratify Mazars et Guerard and KPMG S.A. as Auditors and Franck Boyer and SCP Jean Claude Andre as Alternate Auditors	For	For	Management
13	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
14	Amend Article 30 to Reflect 2003 Legal Changes Re: Related-Party Transactions	For	Against	Management
15	Authorize Filing of Required Documents/Other Formalities	For	For	Management

94

COBHAM PLC (FORMERLY FR GROUP)

Ticker:		Security ID:	GB0003430062
Meeting Date:	JUN 16, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 19.8 Pence Per Ordinary Share	For	For	Management
4	Re-elect Allan Cook as Director	For	For	Management
5	Re-elect Geoff Cooper as Director	For	For	Management
6	Elect Warren Tucker as Director	For	For	Management
7	Elect Andy Stevens as Director	For	For	Management
8	Elect Marcus Beresford as Director	For	For	Management
9	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
10	Approve the Cobham Executive Share Option Scheme 2004	For	For	Management
11	Approve the Cobham Savings-Related Share Option Scheme 2004	For	For	Management
12	Approve Increase in Remuneration of Non-Executive Directors from GBP 25,000 to GBP 35,000	For	For	Management
13	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 9,156,161	For	For	Management
14	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 1,391,191	For	For	Management

95

COCA-COLA AMATIL LTD.

Ticker:		Security ID:	AU000000CCL2
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Elect Jillian R. Broadbent as Director	For	For	Management
2b	Elect Henry A. Schimberg as Director	For	For	Management
2c	Elect Geoffrey J. Kelly as Director	For	For	Management
3	Approve Long Term Incentive Share Plan Grant to T. J. Davis	For	For	Management

COLES MYER LTD.

Ticker:	CM	Security ID:	AU000000CML1
Meeting Date:	NOV 26, 2003	Meeting Type:	Annual
Record Date:	OCT 27, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Presentations by Chairman and Chief Executive Officer	None	None	Management
2	Accept Financial Statements and Statutory Reports	None	None	Management
3a	Elect Richard H. Allert as Director	For	For	Management
3b	Elect R. Keith Barton as Director	For	For	Management
3c	Elect William P. Gurry as Director	For	For	Management
3d	Elect Anthony G. Hodgson as Director	For	For	Management
3e	Elect Sandra V. McPhee as Director	For	For	Management
3f	Elect J. Michael Wemms as Director	For	For	Management
4	Approve Issuance of 1.5 Million Options to John E. Fletcher, Managing Director and Chief Executive Officer	For	For	Management

COMFORTDELGRO CORP LTD

Ticker:		Security ID:	SG1N31909426
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final Dividend of SGD 0.031 Per Share	For	For	Management
3	Approve Directors’ Fees of SGD 377,891 for the Year Ended Dec. 31, 2003	For	For	Management
4	Reelect Lim Jit Poh as Director	For	For	Management
5	Reelect Kua Hong Pak as Director	For	For	Management
6	Reelect Tow Heng Tan as Director	For	For	Management
7	Reelect David Wong Chin Huat as Director	For	For	Management
8	Reappoint Deloitte & Touche as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Other Business (Voting)	For	Against	Management
10	Approve Issuance of Shares without Preemptive Rights	For	For	Management
11	Approve Issuance of Shares and Grant of Options Pursuant to the Employees’ Share Option Scheme	For	Against	Management

96

COMMERZBANK AG

Ticker:	CRZBY	Security ID:	DE0008032004
Meeting Date:	MAY 12, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Discharge of Management Board	For	For	Management
3	Approve Discharge of Supervisory Board	For	For	Management
4	Ratify PwC Deutsche Revision AG as Auditors	For	For	Management
5	Authorize Repurchase of up to Ten Percent of Issued Share Capital for Trading Purposes	For	For	Management
6	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
7	Approve Creation of EUR 225 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
8	Approve Creation of EUR 225 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
9	Approve Creation of EUR 150 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
10	Approve Affiliation Agreements with Subsidiaries	For	For	Management

COMMONWEALTH BANK OF AUSTRALIA

Ticker:		Security ID:	AU000000CBA7
Meeting Date:	OCT 31, 2003	Meeting Type:	Annual
Record Date:	OCT 29, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended June 30, 2003	For	For	Management
2a	Elect A B Daniels as Director	For	For	Management
2b	Elect W G Kent as Director	For	For	Management
2c	Elect F D Ryan as Director	For	For	Management
2d	Elect F J Swan as Director	For	For	Management
2e	Elect S C Kay as Director	For	For	Management
3	Approve Resolution by 104 Shareholders	Against	Against	Shareholder

97

COMPAGNIE DE SAINT GOBAIN

Ticker:		Security ID:	FR0000125007
Meeting Date:	MAY 10, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 1.725 per Share	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
6	Reelect Jean-Louis Beffa as Director	For	For	Management
7	Reelect Isabelle Bouillot as Director	For	For	Management
8	Reelect Sylvia Jay as Director	For	For	Management
9	Reelect Jose Luis Leal as Director	For	For	Management
10	Ratify Appointment of Gian Paolo Caccini as Director	For	For	Management
11	Ratify PricewaterhouseCoopers Audit as Auditors	For	For	Management
12	Ratify KPMG Audit as Auditors	For	For	Management
13	Ratify Yves Nicolas as Alternate Auditor	For	For	Management
14	Ratify Jean-Paul Vellutini as Alternate Auditor	For	For	Management
15	Amend Articles of Association to Reflect 2003 Legal Changes Re: Shareholding Disclosure Requirement, Access to Company Information, and Responsibilities of the Chairman	For	For	Management
16	Authorize Filing of Required Documents/Other Formalities	For	For	Management

COMPANHIA SIDERURGICA NACIONAL (CSN)

Ticker:	SID	Security ID:	BRCSNAACNOR6
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Ratify Correction on Revaluation of Assets Approved at 4-29-03 AGM to BRL 10.8 Billion from BRL 10.5 Billion	For	Did Not Vote	Management
2	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
3	Approve BRL 1.1 Billion Allocation of Income; Approve Distribution of BRL 471.8 Million as Dividends and BRL 245.5 Million as Interest on Capital	For	Did Not Vote	Management
4	Approve Capital Budget	For	Did Not Vote	Management
5	Elect Members to Management Board	For	Did Not Vote	Management
6	Approve Annual Global Remuneration of Directors in the Amount of BRL 28 Million	For	Did Not Vote	Management
7	Designate Newspaper to Publish Meeting Announcements	For	Did Not Vote	Management
8	Amend Articles Re: Extend Corporate Purpose and Share Capital	For	Did Not Vote	Management

98

COMPANHIA VALE DO RIO DOCE

Ticker:		Security ID:	BRVALEACNOR0
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Approve Allocation of Income	For	Did Not Vote	Management
3	Approve Annual Aggregate Remuneration of Directors	For	Did Not Vote	Management
4	Elect Supervisory Board Members and Fix Their Remuneration	For	Did Not Vote	Management
5	Authorize Increase in Capital Via Capitalization of Reserves	For	Did Not Vote	Management

COMPASS GROUP PLC

Ticker:		Security ID:	GB0005331532
Meeting Date:	FEB 16, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 5.7 Pence Per Share	For	For	Management
4	Re-elect Michael Bailey as Director	For	For	Management
5	Re-elect Denis Cassidy as Director	For	For	Management
6	Re-elect Sir Francis Mackay as Director	For	For	Management
7	Ratify Deloitte and Touche LLP as Auditors	For	For	Management
8	Authorise Board to Fix Remuneration of Auditors	For	For	Management
9	Authorise EU Political Donations up to GBP 125,000	For	For	Management
10	Amend the Compass Group UK Savings-Related Share Option Scheme, the Compass Group PLC Internation Sharesave Scheme, the Compass Group Share Option Plan, the Compass Group Management Share Option Plan and the Compass Group Long-Term Incentive Plan	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 10.8 Million	For	For	Management
12	Authorise 216,887,191 Shares for Market Repurchase	For	For	Management

99

CONTINENTAL AG

Ticker:	CTTAY	Security ID:	4598589
Meeting Date:	MAY 14, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
2	Approve Allocation of Income and Dividends of EUR 0.52 per Share	For	Did Not Vote	Management
3	Approve Discharge of Management Board	For	Did Not Vote	Management
4	Approve Discharge of Supervisory Board	For	Did Not Vote	Management
5	Ratify KPMG Deutsche Treuhand-Gesellschaft AG as Auditors	For	Did Not Vote	Management
6	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	Did Not Vote	Management
7	Elect Manfred Bodin, Diethart Breipohl, Michael Frenzel, Hubertus von Gruenberg, Hans-Olaf Henkel, Jan Oosterveld, Fred Steingraber, Juergen Stockmar, Bernd Voss, Ulrich Weiss to the Supervisory Board	For	Did Not Vote	Management
8	Approve Stock Option Plan for Key Employees	For	Did Not Vote	Management

CREDIT AGRICOLE SA

Ticker:		Security ID:	FR0000045072
Meeting Date:	MAY 19, 2004	Meeting Type:	Annual/Special
Record Date:

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

100

CREDIT SUISSE GROUP (FORMERLY CS HOLDING)

Ticker:	CSR	Security ID:	CH0012138530
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:

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

CRH PLC

Ticker:	CRHCY	Security ID:	IE0001827041
Meeting Date:	MAY 5, 2004	Meeting Type:	Annual
Record Date:

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

101

CSK CORP.

Ticker:	CSKKY	Security ID:	JP3346400009
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 6, Final JY 9, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Executive Stock Option Plan	For	Against	Management
6	Approve Retirement Bonuses for Directors	For	For	Management

102

CSL LTD

Ticker:		Security ID:	AU000000CSL8
Meeting Date:	OCT 16, 2003	Meeting Type:	Annual
Record Date:	OCT 14, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended June 30, 2003	None	None	Management
2a	Elect Peter H Wade as Director	For	For	Management
2b	Elect Arthur C Webster as Director	For	For	Management
3	Renew Partial Takeover Provision	For	For	Management
4	Approval of Dividend Reinvestment Plan	For	For	Management
5	Approval of Performance Rights Plan	For	For	Management
6	Approval of the Issuance of Performance Rights to Executive Directors	For	For	Management

CSR LTD.

Ticker:	CSRLY	Security ID:	AU000000CSR5
Meeting Date:	JUL 15, 2004	Meeting Type:	Annual
Record Date:	JUL 13, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Elect Ian Blackburne as Director	For	For	Management

CSR LTD.

Ticker:	CSRLY	Security ID:	AU000000CSR5
Meeting Date:	JUL 17, 2003	Meeting Type:	Annual
Record Date:	JUN 16, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2.1	Elect Carolyn Hewson as Director	For	For	Management
2.2	Elect John Wylie as Director	For	For	Management
2.3	Elect Barry Jackson as Director	For	For	Management
2.4	Elect John Story as Director	For	For	Management
1.1	Amend Articles Re: Provision for Selling of Non-Marketable Parcels of Shares	For	For	Management
1.2	Amend Articles Re: Renewal of Proportional Takeover Provisions for Another Three Years	For	For	Management
1.3	Amend Articles Re: Variation of the Number of Non-Executive Directors Required to Retire at Each AGM	For	For	Management

103

DAI NIPPON PRINTING CO. LTD.

Ticker:		Security ID:	JP3493800001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 9.5, Final JY 11.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Elect Director	For	For	Management
4	Approve Retirement Bonuses for Directors	For	For	Management

DAICEL CHEMICAL INDUSTRIES LTD.

Ticker:		Security ID:	JP3485800001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

DAIICHI PHARMACEUTICAL CO. LTD.

Ticker:		Security ID:	JP3476600006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 15, Final JY 15, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
3.3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Executive Stock Option Plan	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management

104

DAIKIN INDUSTRIES LTD.

Ticker:		Security ID:	JP3481800005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 6, Final JY 8, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion - Streamline Board Structure	For	For	Management
3	Authorize Share Repurchase Program	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
5	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Executive Stock Option Plan	For	For	Management

DAIMLERCHRYSLER AG

Ticker:		Security ID:	5529027
Meeting Date:	APR 7, 2004	Meeting Type:	Annual
Record Date:	APR 2, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.50 per Share	For	For	Management
3	Approve Discharge of Management Board	For	Against	Management
4	Approve Discharge of Supervisory Board	For	Against	Management
5	Ratify KPMG Deutsche Treuhand-Gesellschaft AG as Auditors	For	For	Management
6	Authorize Repurchase of up to Ten Percent of Issued Share Capital; Authorize Board to Issue Repurchased Shares as New Shares without Preemptive Rights	For	For	Management
7	Elect Robert Lanigan, Hilmar Kopper, Earl Graves, Victor Halberstadt, Peter Magowan, William Owens, Manfred Schneider, Bernhard Walter, Lynton Wilson, and Mark Woessner to the Supervisory Board	For	For	Management

105

DAINIPPON INK & CHEMICAL INC.

Ticker:		Security ID:	JP3493400000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 4, Special JY 0	For	For	Management
2.1	Elect Director	For	For	Management
2.2	Elect Director	For	For	Management
2.3	Elect Director	For	For	Management
2.4	Elect Director	For	For	Management
2.5	Elect Director	For	For	Management
2.6	Elect Director	For	For	Management
2.7	Elect Director	For	For	Management
2.8	Elect Director	For	For	Management
2.9	Elect Director	For	For	Management
2.10	Elect Director	For	For	Management
2.11	Elect Director	For	For	Management
2.12	Elect Director	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

DAITO TRUST CONSTRUCTION CO. LTD.

Ticker:		Security ID:	JP3486800000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 30, Final JY 33, Special JY 0	For	For	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles to: Amend Articles to: Decrease Authorized Capital to Reflect Share Repurchase - Authorize Share Repurchases at Board’s Discretion - Limit Directors’ and Internal Auditors’ Legal Liability	For	For	Management
4	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management
7	Approve Executive Stock Option Plan	For	Against	Management
8	Approve Amendment to Stock Option Plan Approved at 2001 AGM	For	For	Management

106

DAIWA HOUSE INDUSTRY CO. LTD.

Ticker:		Security ID:	JP3505000004
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 15, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
3.18	Elect Director	For	For	Management
3.19	Elect Director	For	For	Management
3.20	Elect Director	For	For	Management
3.21	Elect Director	For	For	Management
4	Approve Retirement Bonuses for Directors	For	For	Management

DAIWA SECURITIES GROUP CO. LTD.

Ticker:		Security ID:	JP3502200003
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 10, Special JY 0	For	For	Management
2	Amend Articles to: Adopt U.S.-Style Board Structure - Reduce Maximum Board Size - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
4	Approve Retirement Bonuses for Director and Statutory Auditors, and Special Payments to Continuing Directors in Connection with Abolition of Retirement Bonus System	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management

107

DANSKE BANK AS (FORMERLY DEN DANSKE BANK)

Ticker:	DDBD	Security ID:	DK0010274414
Meeting Date:	MAR 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Discharge Directors; Approve Allocation of Income and Dividends of DKK 6.55 Per Share	For	For	Management
2	Reelect Joergen Moeller, Niels Holm, Peter Hoejland, and Majken Schultz as Directors	For	For	Management
3	Reelect Grant Thornton and KPMG as Auditors	For	For	Management
4	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
5	Approve DKK 394.1 Million Reduction in Share Capital via Share Cancellation	For	For	Management
6	Amend Articles Re: Quorum and Voting Majority Requirements	For	Against	Management
7	Other Business (Non-Voting)	None	None	Management

DASSAULT SYSTEMES SA

Ticker:	DASXY	Security ID:	FR0000130650
Meeting Date:	JUN 2, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
2	Approve Financial Statements and Discharge Directors	For	For	Management
3	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
4	Approve Allocation of Income and Dividends of EUR 0.51 per Share	For	For	Management
5	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
6	Approve Remuneration of Directors in the Aggregate Amount of EUR 140,000	For	For	Management
7	Ratify Ernst & Young Audit	For	For	Management
8	Ratify Francois Carrega as Alternate Auditor	For	For	Management
9	Authorize Issuance of Bonds/Debentures in the Aggregate Value of EUR 1 Billion	For	For	Management
10	Amend Articles of Association to Reflect 2003 Legal Changes Re: Access to Information, Related-Party Transactions, and Auditors	For	For	Management
11	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
12	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 25 Million	For	For	Management
13	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 25 Million	For	For	Management
14	Authorize Capitalization of Reserves of Up to EUR 25 Million for Bonus Issue or Increase in Par Value	For	For	Management
15	Allow Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	For	Management
16	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
17	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 15 Million	For	For	Management
18	Authorize Filing of Required Documents/Other Formalities	For	For	Management

108

DATANG INTERNATIONAL POWER GENERATION COMPANY LIMITED(FORMER

Ticker:		Security ID:	CN0009060798
Meeting Date:	JUN 22, 2004	Meeting Type:	Special
Record Date:	MAY 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1a	Approve Issue of Not More Than One Billion A Shares	For	For	Management
1b	Approve Private Placing in the Form of State-Owned Legal Person Shares of 301.7 Million and and 92.4 Million State-Owned Legal Person Shares to China Datang Corp. and Tianjin Jinneng Investment Co.	For	For	Management
1c	Approve Issue of Not More Than 605.9 Million A Shares to the Public	For	For	Management
1d	Approve Par Value of RMB1.0 for Each A Share to be Issued	For	For	Management
1e	Approve Application for Listing of A Shares to be Issued to the Public on the Shanghai Stock Exchange	For	For	Management
1f	Limit A Shares to be Issued to the Public Among Natural Persons and Institutional Investors Within the PRC	For	For	Management
1g	Approve Proposal Relating to the Share of Accumulated Profits Among the Old and New Shareholders After the Completion of the Proposed A Share Issue	For	For	Management
1h	Authorize Board to Make the Final Decision on the A Share Issue	For	For	Management
2	Approve Validity of Decisions in Relation to the A Share Issue for One Year From the Passing of Relevant Resolutions	For	For	Management

109

DATANG INTERNATIONAL POWER GENERATION COMPANY LIMITED(FORMER

Ticker:		Security ID:	CN0009060798
Meeting Date:	JUN 22, 2004	Meeting Type:	Special
Record Date:	MAY 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1a	Approve Issue of Not More Than One Billion A Shares	For	For	Management
1b	Approve Private Placing in the Form of State-Owned Legal Person Shares of 301.7 Million and and 92.4 Million State-Owned Legal Person Shares to China Datang Corp. and Tianjin Jinneng Investment Co.	For	For	Management
1c	Approve Issue of Not More Than 605.9 Million A Shares to the Public	For	For	Management
1d	Approve Par Value of RMB1.0 for Each A Share to be Issued	For	For	Management
1e	Approve Application for Listing of A Shares to be Issued to the Public on the Shanghai Stock Exchange	For	For	Management
1f	Limit A Shares to be Issued to the Public Among Natural Persons and Institutional Investors Within the PRC	For	For	Management
1g	Approve Proposal Relating to the Share of Accumulated Profits Among the Old and New Shareholders After the Completion of the Proposed A Share Issue	For	For	Management
1h	Authorize Board to Make the Final Decision on the A Share Issue	For	For	Management
2	Approve Validity of Decisions in Relation to the A Share Issue for One Year From the Passing of Relevant Resolutions	For	For	Management
3	Approve Plan on the Use of Proceeds from the A Share Issue	For	For	Management
4	Authorize Board to Complete and File Amendments to the Articles of Association with the Relevant Authorities for Approval	For	For	Management
5	Change Company Name to Datang International Power Generation Co. Ltd.	For	For	Management

DATANG INTERNATIONAL POWER GENERATION COMPANY LIMITED(FORMER

Ticker:		Security ID:	CN0009060798
Meeting Date:	JUN 22, 2004	Meeting Type:	Annual
Record Date:	MAY 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Report of the Directors	For	Did Not Vote	Management
2	Accept Report of the Supervisory Committee	For	Did Not Vote	Management
3	Accept Financial Statements	For	Did Not Vote	Management
4	Approve Budget of the Company for the Year 2004	For	Did Not Vote	Management
5	Approve Profit Distribution Plan	For	Did Not Vote	Management
6	Approve Investment Plans of the Company	For	Did Not Vote	Management
7	Reappoint PricewaterhouseCoopers Zhong Tian CPAs Co. Ltd. and PricewaterhouseCoopers as Domestic and International Auditors Respectively and Authorize Board to Fix Their Remuneration	For	Did Not Vote	Management
8a	Elect Zhai Ruoyu as Non-Executive Director	For	Did Not Vote	Management
8b	Elect Zhang Yi as Executive Director	For	Did Not Vote	Management
8c	Elect Hu Shengmu as Non-Executive Director	For	Did Not Vote	Management
8d	Elect Kou Bingen as Non-Executive Director	For	Did Not Vote	Management
8e	Elect Yang Hongming as Executive Director	For	Did Not Vote	Management
8f	Elect Liu Haixia as Non-Executive Director	For	Did Not Vote	Management
8g	Elect Guan Tiangang as Non-Executive Director	For	Did Not Vote	Management
8h	Elect Su Tiegang as Non-Executive Director	For	Did Not Vote	Management
8i	Elect Ye Yonghui as Non-Executive Director	For	Did Not Vote	Management
8j	Elect Tong Yunshang as Non-Executive Director	For	Did Not Vote	Management
8k	Elect Xie Songlin as Independent Non-Executive Director	For	Did Not Vote	Management
8l	Elect Xu Daping as Independent Non-Executive Director	For	Did Not Vote	Management
8m	Elect Liu Chaoan as Independent Non-Executive Director	For	Did Not Vote	Management
8n	Elect Yu Changchun as Independent Non-Executive Director	For	Did Not Vote	Management
8o	Elect Xia Qing as Independent Non-Executive Director	For	Did Not Vote	Management
9a	Elect Zhang Wantuo as Member of the Supervisory Committee	For	Did Not Vote	Management
9b	Elect Fu Guoqiang as Member of the Supervisory Committee	For	Did Not Vote	Management
9c	Elect Zhang Jie as Member of the Supervisory Committee	For	Did Not Vote	Management
9d	Approve Election of Shi Xiaofan as Supervisory Member of Staff Representatives	None	Did Not Vote	Management
10	Other Business (Voting)	For	Did Not Vote	Management

110

DAVIS SERVICE GROUP

Ticker:		Security ID:	GB0002572716
Meeting Date:	APR 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 10.6 Pence Per Share	For	For	Management
4	Re-elect Neil Benson as Director	For	For	Management
5	Re-elect Roger Dye as Director	For	For	Management
6	Reappoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
7	Approve Increase in Remuneration of Directors from GBP 50,000 to GBP 75,000	For	For	Management
8	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 16,775,000	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2,516,000	For	For	Management
10	Authorize 20,130,000 Ordinary Shares for Market Purchase	For	For	Management

111

DBS GROUP HOLDINGS LTD. (FORMERLY DEVELOPMENT BANK OF SINGAPORE)

Ticker:		Security ID:	SG1L01001701
Meeting Date:	APR 30, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles of Association	For	For	Management
2	Approve Issuance of Shares without Preemptive Rights	For	For	Management
3	Authorize Share Repurchase Program	For	For	Management

DBS GROUP HOLDINGS LTD. (FORMERLY DEVELOPMENT BANK OF SINGAPORE)

Ticker:		Security ID:	SG1L01001701
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2a	Declare Final Dividend of SGD 0.16 Per Ordinary Share	For	For	Management
2b	Declare Final Dividend of SGD 0.16 Per Non-Voting Convertible Preference Share	For	For	Management
2c	Declare Final Dividend of SGD 0.16 Per Non-Voting Redeemable Convertible Preference Share	For	For	Management
3	Approve Directors’ Fees of SGD 647,851 for the Year Ended Dec. 31, 2003	For	For	Management
4	Reappoint Ernst & Young as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5a	Reelect S. Dhanabalan as Director	For	For	Management
5b	Reelect Bernard Chen Tien Lap as Director	For	For	Management
5c	Reelect Fock Siew Wah as Director	For	For	Management
5d	Reelect Kwa Chong Seng as Director	For	For	Management
5e	Reelect Narayana Murthy as Director	For	For	Management
5f	Reelect Frank Wong Kwong Shing as Director	For	For	Management
5g	Reappoint Thean Lip Ping as Director	For	For	Management
6a	Approve Issuance of Shares and Grant of Options Pursuant to the Share Option Plan	For	For	Management
6b	Approve Issuance of Shares and Grant of Options Pursuant to the Performance Share Plan	For	For	Management
6c	Approve Issuance of Shares without Preemptive Rights	For	For	Management

112

DCC PLC

Ticker:		Security ID:	IE0002424939
Meeting Date:	JUL 8, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and Consider Financial Statements and Statutory Reports	For	For	Management
2	Declare a Final Dividend of EUR 20.65 cents	For	For	Management
3a	Reelect Tony Barry as a Director	For	For	Management
3b	Reelect Jim Flavin as a Director	For	For	Management
3c	Reelect Alex Spain as a Director	For	For	Management
4	Reelect Bernard Somers as a Director	For	For	Management
5	Authorize Board to Fix Remuneration of Auditors	For	For	Management
6	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights Up to the Amount of EUR 7,352,400, Representing Approximately One Third of the Issued Share Capital	For	For	Management
7	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Up to Aggregate Nominal Amount of Five Percent of Issued Share Capital	For	For	Management
8	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	For	For	Management
9	Authorize Reissuance of Repurchased Shares	For	For	Management
10	Approve Stock Dividend Program	For	For	Management

DE LA RUE PLC (FORMERLY DE LA RUE CO. PLC)

Ticker:		Security ID:	GB0009380592
Meeting Date:	JUL 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 9.8 Pence Per Ordinary Share	For	For	Management
4	Elect Leo Quinn as Director	For	For	Management
5	Re-elect Philip Nolan as Director	For	For	Management
6	Re-elect Keith Hodgkinson as Director	For	For	Management
7	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
8	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 15,258,813	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2,288,821	For	For	Management
11	Authorise 27,447,553 Ordinary Shares for Market Purchase	For	For	Management

113

DE LA RUE PLC (FORMERLY DE LA RUE CO. PLC)

Ticker:		Security ID:	GB0009380592
Meeting Date:	JUL 17, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 9.2 Pence Per Share	For	For	Management
4	Elect Stephen King as Director	For	For	Management
5	Reelect Nicholas Brookes as Director	For	For	Management
6	Reelect Michael Jeffries as Director	For	For	Management
7	Ratify PricewaterhouseCoopers LLP as Auditors	For	For	Management
8	Authorize Board to Fix Remuneration of Auditors	For	For	Management
9	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 15,149,011	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 2,272,351	For	For	Management
11	Authorize 27,250,041 Shares for Share Repurchase Program	For	For	Management

DELTA ELECTRONICS PUBLIC CO LTD

Ticker:		Security ID:	TH0528010Z18
Meeting Date:	MAR 29, 2004	Meeting Type:	Annual
Record Date:	MAR 8, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Minutes of Previous Meeting	For	For	Management
2	Accept Report on Company Performance in 2003	For	For	Management
3	Accept Financial Statements and Statutory Reports	For	For	Management
4	Elect Directors and Fix Their Remuneration	For	For	Management
5	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Approve Bonus Payment to Directors	For	For	Management
7	Approve Dividend Payment of Baht 0.80 Per Share	For	For	Management
8	Amend Articles of Association	For	For	Management
9	Other Business	For	Against	Management

114

DENKI KAGAKU KOGYO CO. LTD.

Ticker:		Security ID:	JP3549600009
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
4	Approve Retirement Bonuses for Directors	For	For	Management

DENSO CORP.

Ticker:		Security ID:	JP3551500006
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

115

DEUTSCHE BANK

Ticker:	DTBKY	Security ID:	DE0005140008
Meeting Date:	JUN 2, 2004	Meeting Type:	Annual
Record Date:	MAY 27, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.50 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify KPMG Deutsche Treuhand-Gesellschaft AG as Auditors	For	For	Management
6	Authorize Repurchase of up to Ten Percent of Issued Share Capital for Trading Purposes	For	For	Management
7	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
8	Approve Creation of EUR 150 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
9	Approve Creation of EUR 48 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
10	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 6 Billion with Preemptive Rights; Approve Creation of EUR 150 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management

DEUTSCHE BOERSE AG

Ticker:		Security ID:	DE0005810055
Meeting Date:	MAY 19, 2004	Meeting Type:	Annual
Record Date:	MAY 12, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 0.55 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Elect Peter Levene and Alessandro Profuma to the Supervisory Board	For	For	Management
6	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
7	Approve Affiliation Agreements with Subsidiaries (Deutsche Boerse IT Holding GmbH)	For	For	Management
8	Ratify KPMG Deutsche Treuhand-Gesellschaft AG as Auditors	For	For	Management

116

DEUTSCHE POST AG

Ticker:		Security ID:	DE0005552004
Meeting Date:	MAY 6, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 0.44 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify PwC Deutsche Revision AG as Auditors	For	For	Management
6	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
7	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 1 Billion with Preemptive Rights; Approve Creation of EUR 56 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
8	Amend Articles Re: Board Renumeration due to Changes in German Disclosure Regulations	For	For	Management

DEUTSCHE TELEKOM

Ticker:	DT	Security ID:	DE0005557508
Meeting Date:	MAY 18, 2004	Meeting Type:	Annual
Record Date:	MAY 11, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Omission of Dividends	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify PwC Deutsche Revision AG and Ernst & Young AG as Auditors	For	For	Management
6	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
7	Amend 2001 Stock Option Plan	For	For	Management
8	Approve Creation of EUR 2.5 Billion Pool of Conditional Capital without Preemptive Rights	For	Against	Management
9	Approve Affiliation Agreements with Subsidiary (T-Punkt Vertriebsgesellschaft mbH)	For	For	Management
10	Approve Affiliation Agreements with Subsidiary (Traviata Telekommunikationsdienste GmbH)	For	For	Management
11	Approve Affiliation Agreements with Subsidiary (Norma Telekommunikationsdienste GmbH)	For	For	Management
12	Approve Affiliation Agreements with Subsidiary (Carmen Telekommunikationsdienste GmbH)	For	For	Management
13	Amend Articles Re: Changes to the Remuneration of the Supervisory Board Members and Amendment to the Articles	For	For	Management
14	Amend Articles Re: Location of Shareholder Meetings	For	For	Management

117

DEXIA

Ticker:		Security ID:	BE0003796134
Meeting Date:	MAY 12, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements	For	For	Management
2	Approve Allocation of Income and Dividends of EUR 0.53 per Share	For	For	Management
3	Approve Discharge of Directors	For	For	Management
4	Approve Discharge of Auditors	For	For	Management
5	Elect Jan Renders as Director	For	For	Management
6	Elect Francis Mayer as Director	For	For	Management
7	Elect Anne-Marie Idrac as Director	For	For	Management
8	Confirm Nine Directors as Independent Directors in Accordance with the Requirements of the Belgian Companies Code	For	For	Management
9	Approve Grant of Shares to Employees under Shareholding Plan	For	For	Management

DEXIA

Ticker:		Security ID:	BE0003796134
Meeting Date:	MAY 12, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
2	Authorize Board to Repurchase Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	Against	Management
3	Approve Cancellation of Company’s Repurchased Shares	For	For	Management
4	Authorize Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	Against	Management
5	Approve Issuance of Warrants Pursuant to 2004 Employee Shareholding Plan	For	For	Management
6	Authorize Board to Implement Approved Resolutions	For	For	Management

118

DIAGEO PLC (FORMERLY GUINNESS PLC)

Ticker:	DEO	Security ID:	GB0002374006
Meeting Date:	OCT 22, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 15.7 Pence Per Share	For	For	Management
4	Reelect Lord Blyth as Director	For	For	Management
5	Reelect Keith Oates as Director	For	For	Management
6	Reelect Paul Walsh as Director	For	For	Management
7	Approve KPMG Audit Plc as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
8	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 44,833,003	For	For	Management
9	Authorize 309,885,718 Shares for Share Repurchase Program	For	For	Management

DIXONS GROUP PLC

Ticker:	DXNGY	Security ID:	GB0000472455
Meeting Date:	SEP 10, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 5.145 Pence Per Share	For	For	Management
3	Elect David Longbottom as Director	For	For	Management
4	Elect Andrew Lynch as Director	For	For	Management
5	Elect John Whybrow as Director	For	For	Management
6	Elect Rita Clifton as Director	For	For	Management
7	Reelect John Clare as Director	For	For	Management
8	Approve Deloitte and Touche LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Approve Remuneration Report	For	For	Management
10	Authorize EU Political Donations up to GBP 50,000	For	For	Management
11	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 16,224,672	For	For	Management
12	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 2,433,701	For	For	Management
13	Authorize 194 Million Ordinary Shares for Share Repurchase Program	For	For	Management

119

DNB NOR ASA(FRMLY DNB HOLDING ASA (FORMERLY DEN NORSKE BANK AS))

Ticker:		Security ID:	4263304
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles Re: Decrease Number of Election Committees from Two to One; Editorial Changes	For	For	Management
2	Reelect Wenche Agerup, Rannveig Arentz, Nils Bastiansen, Herbjoern Hansson, Jan Hopland, Finn Jebsen, Odd Lunde, Harald Norvik, Marit Toensberg, and Tor Oewre as Directors	For	For	Management
3	Elect Svein Brustad as New Deputy Member of Control Committee	For	For	Management
4	Elect Elisabeth Berge, Trond Mohn, Jan Solberg, and Joergen Toemmeraas as New Members of Election Committee	For	For	Management
5	Approve Financial Statements, Allocation of Income and Dividends of NOK 2.20 Per Share	For	For	Management
6	Approve Remuneration of Auditors in the Amount of NOK 590,000 for 2003	For	For	Management
7	Approve Remuneration of Directors, Members of Corporate Assembly, and Members of the Election Committees	For	For	Management
8	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
9	Shareholder Proposal: Unspecified Proposal Received from Kaare Byrkjeland	None	None	Shareholder

DOUGLAS HOLDING AG

Ticker:		Security ID:	DE0006099005
Meeting Date:	MAR 24, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 0.75 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Authorize Repurchase of up to Ten Percent of Issued Share Capital; Authorize Board to issue Repurchased Shares as New Shares without Preemptive Rights	For	For	Management
6	Ratify Susat & Partner OHG as Auditors	For	For	Management

120

DOWA MINING CO. LTD.

Ticker:		Security ID:	JP3638600001
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 7, Special JY 0	For	For	Management
2	Approve Reduction in Legal Reserves	For	For	Management
3	Amend Articles to: Authorize Appointment of Alternate Statutory Auditors - Authorize Share Repurchases at Board’s Discretion	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
5.3	Appoint Internal Statutory Auditor	For	For	Management
5.4	Appoint Internal Statutory Auditor	For	For	Management
6	Appoint Alternate Statutory Auditor	For	For	Management
7	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management

DRB-HICOM BERHAD (FORMERLY DIVERSIFIED RESOURCES)

Ticker:		Security ID:	MYL1619OO005
Meeting Date:	SEP 18, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Financial Year Ended Mar. 31, 2003	For	For	Management
2	Approve a First and Final Dividend of MYR0.02 Gross Per Share Less Income Tax of 28 Percent for the Financial Year Ended Mar. 31, 2003	For	For	Management
3	Approve Remuneration of Directors for the Year Ended Mar. 31, 2003	For	For	Management
4	Elect Mohd Saleh Sulong as Director	For	For	Management
5	Elect Maznah Abdul Jalil as Director	For	For	Management
6	Elect Mohd Nor Mohamad as Director	For	For	Management
7	Elect B. Bhaskaran Pillai as Director	For	For	Management
8	Elect Amir Baharudin as Director	For	For	Management
9	Elect Haji Mohamad Nor Mohamad as Director	For	For	Management
10	Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
11	Approve Issuance of Shares Pursuant to Share Option Scheme	For	Against	Management
12	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights in Any Amount Up to Ten Percent of Issued Share Capital	For	For	Management

121

DRB-HICOM BERHAD (FORMERLY DIVERSIFIED RESOURCES)

Ticker:		Security ID:	MYL1619OO005
Meeting Date:	SEP 18, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Bye-Laws Governing the Existing Employees’ Share Option Scheme of DRB-Hicom Bhd	For	Against	Management
2	Approve Issuance of Up to 460,000 Additional Options to Ahmad Othman Yahaya Under the Employees’ Share Option Scheme	For	Against	Management
3	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions	For	For	Management

DSM NV

Ticker:		Security ID:	5773987
Meeting Date:	MAR 31, 2004	Meeting Type:	Annual
Record Date:	MAR 24, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2	Receive Report of Management Board	None	None	Management
3.1	Approve Financial Statements	For	For	Management
3.2	Approve Discharge of Management Board	For	For	Management
3.3	Approve Discharge of Supervisory Board	For	For	Management
4	Reelect C. Herkstroeter, H. Bodt, E. Sosa; Elect E. Kist as New Member to Supervisory Board	For	For	Management
5.1	Grant Board Authority to Issue Ordinary Shares Up to 20 Percent of Issued Capital, and to Issue All Unissued but Authorized Preference Shares	For	For	Management
5.2	Grant Board Authority to Restrict/Exclude Preemptive Rights from Issuance of Ordinary Shares Up to 20 Percent of Issued Share Capital (Item 5.1)	For	For	Management
6	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
7	Discussion about Company’s Corporate Governance Report	None	None	Management
8	Amend Articles: Transfer Authority to Appoint Management Board from Supervisory Board to General Meeting; Changes to Company’s Corporate Governance Structure to Reflect Recommendations by Dutch Corporate Governance Code as Well as Pending Legislation	For	For	Management
9	Other Business (Non-Voting)	None	None	Management
10	Close Meeting	None	None	Management

122

E.ON AG (FORMERLY VEBA AG)

Ticker:	VEBA	Security ID:	DE0007614406
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:

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

EADS, EUROPEAN AERONAUTIC DEFENCE & SPACE N.V.

Ticker:		Security ID:	NL0000235190
Meeting Date:	MAY 6, 2004	Meeting Type:	Annual
Record Date:

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

123

EAST JAPAN RAILWAY CO

Ticker:		Security ID:	JP3783600004
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

124

EBARA CORP.

Ticker:		Security ID:	JP3166000004
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 7.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
3.18	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

EDP-ELECTRICIDADE DE PORTUGAL

Ticker:		Security ID:	4103596
Meeting Date:	MAR 31, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	Did Not Vote	Management
3	Approve Allocation of Income	For	Did Not Vote	Management
4	Approve Discharge of Management and Supervisory Boards	For	Did Not Vote	Management
5	Authorize Repurchase of Shares	For	Did Not Vote	Management
6	Authorize Bond Repurchase; Reissuance of Repurchased Bonds	For	Did Not Vote	Management
7	Amend Articles Re: Meeting Notice Period	For	Did Not Vote	Management

125

EFG EUROBANK S.A.

Ticker:		Security ID:	GRS323013003
Meeting Date:	APR 5, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports; Approve Allocation of Income	For	Did Not Vote	Management
2	Authorize Share Capital Increase via Capitalization of Profits to Service Employee Share Distribution Plan	For	Did Not Vote	Management
3	Approve Stock Option Plan for Directors and Employees	For	Did Not Vote	Management
4	Approve Discharge of Board and Auditors	For	Did Not Vote	Management
5	Approve Auditors and Fix Their Remuneration	For	Did Not Vote	Management
6	Elect Management Board Members Including Two Independent Directors	For	Did Not Vote	Management
7	Approve Remuneration of Directors	For	Did Not Vote	Management
8	Authorize Share Repurchase Program	For	Did Not Vote	Management
9	Approve Reduction in Share Capital Via Cancellation of Shares; Amend Article 5 Accordingly	For	Did Not Vote	Management
10	Authorize Directors to Participate in the Board of Companies with Similar Corporate Purpose	For	Did Not Vote	Management

EISAI CO. LTD.

Ticker:	ESALY	Security ID:	JP3160400002
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

126

ELAN CORPORATION PLC

Ticker:	ELN	Security ID:	IE0003072950
Meeting Date:	JUN 17, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and Consider Financial Statements and Statutory Reports	For	For	Management
2	Reelect Brendan Boushel as Director	For	For	Management
3	Reelect John Groom as Director	For	For	Management
4	Reelect Kyran McLaughlin as Director	For	For	Management
5	Reelect Dennis Selkoe as Director	For	For	Management
6	Reelect Daniel Tully as Director	For	For	Management
7	Authorize Board to Fix Remuneration of Auditors	For	For	Management
8	Approve Stock Option Plan Grants to Non-Executives	For	Against	Management
9	Approve Restricted Stock Plan	For	Against	Management
10	Approve Employee Equity Purchase Plan	For	For	Management
11	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to the Amount of the Authorized but Unissued Share Capital	For	For	Management
12	Approve Increase in Authorized Capital	For	For	Management
13	Amend Articles to Reflect Changes in Authorized Capital	For	For	Management
14	Authorize Directors to Allot Equity Securities for Cash without Preemptive Rights up to 40 Million Shares	For	For	Management
15	Authorize Company to Make Market Purchases of Own Shares	For	For	Management
16	Authorize Reissuance of Repurchased Shares	For	For	Management

ELECTRABEL

Ticker:		Security ID:	BE0003637486
Meeting Date:	MAY 13, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorize Board to Repurchase Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	Against	Management
2	Amend Articles of Association Re: Board Meeting Minutes	For	For	Management

127

ELECTRABEL

Ticker:		Security ID:	BE0003637486
Meeting Date:	JUL 4, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Report Regarding End of Joint Venture CPTE, Between Electrabel and SPE	None	None	Management
2	Receive Directors’ Report	None	None	Management
3	Receive Auditors’ Report	None	None	Management
4	Approve Absorption of Assets and Liabilities of CPTE by Electrabel and SPE	For	For	Management
5	Approve Issuance of 18 Shares to Laborelec in Connection with End of Joint Venture CPTE	For	For	Management
6	Receive Report Regarding Terms of Absorption	None	None	Management
7	Amend Articles to Reflect Changes in Capital	For	For	Management

ELECTRABEL

Ticker:		Security ID:	4294791
Meeting Date:	MAY 13, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Directors’ and Auditors’ Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 15 per Share	For	For	Management
3	Approve Discharge of Directors and Auditors	For	For	Management
4.1	Reelect Jean-Pierre Hansen as Director	For	For	Management
4.2	Elect Patrick Buffet as Director	For	For	Management
4.3	Elect Gerard Lamarche as Director	For	For	Management
4.4	Appoint Tony Vandeputte as Independent Director	For	Against	Management

ELECTRABEL

Ticker:		Security ID:	BE0003637486
Meeting Date:	JAN 30, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Confirm Lutgart Van de Berghe, Baron Croes, Baron van Gysel de Meise as Independent Directors as Required by Belgian Companies Code	For	Did Not Vote	Management

ELECTRICITY GENERATING PUBLIC CO LTD

Ticker:		Security ID:	TH0465010005
Meeting Date:	FEB 23, 2004	Meeting Type:	Special
Record Date:	FEB 9, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Minutes of Previous AGM	For	For	Management
2	Amend Articles of Association	For	For	Management
3	Other Business	For	Against	Management

128

ELECTRICITY GENERATING PUBLIC CO LTD

Ticker:		Security ID:	TH0465010005
Meeting Date:	APR 26, 2004	Meeting Type:	Annual
Record Date:	APR 5, 2004

#	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 Reports	For	For	Management
4	Approve Allocation of Income and Final Dividend of Baht 1.50 per Share	For	For	Management
5	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Amend Articles of Association	For	For	Management
7	Elect Directors and Fix Their Remuneration	For	For	Management
8	Other Business	For	Against	Management

ELECTROCOMPONENTS PLC

Ticker:		Security ID:	GB0003096442
Meeting Date:	JUL 16, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 12.6 Pence Per Ordinary Share	For	For	Management
4	Re-elect Leslie Atkinson as Director	For	For	Management
5	Re-elect Richard Butler as Director	For	For	Management
6	Re-elect Ian Mason as Director	For	For	Management
7	Re-appoint KPMG Audit Plc as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
8	Approve Increase in Remuneration of Non-Executive Directors from GBP 450,000 to GBP 600,000	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 4,569,923.90	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights Pursuant to Any Share Schemes and Otherwise up to Aggregate Nominal Amount of GBP 2,176,233.20	For	For	Management
11	Authorise 43,524,665 Ordinary Shares for Market Purchase	For	For	Management

129

ELECTROCOMPONENTS PLC

Ticker:		Security ID:	GB0003096442
Meeting Date:	JUL 18, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 11.75 Pence Per Share	For	For	Management
4	Reelect Timothy Barker as Director	For	For	Management
5	Reelect Jeff Hewitt as Director	For	For	Management
6	Reelect Nick Temple as Director	For	For	Management
7	Approve KPMG Audit Plc as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
8	Authorize 43,520,665 Shares for Share Repurchase Program	For	For	Management

ELECTROLUX AB

Ticker:	ELUX	Security ID:	SE0000103814
Meeting Date:	JUN 16, 2004	Meeting Type:	Special
Record Date:	JUN 4, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
3	Approve Agenda of Meeting	For	Did Not Vote	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
5	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
6.1	Approve SEK 76.7 Million Reduction in Share Capital via Cancellation of 15.3 Million Class A and/or B Shares	For	Did Not Vote	Management
6.2	Approve Issuance of 15.3 Million New Class C-shares in Connection with Share Cancellation	For	Did Not Vote	Management
6.3	Approve SEK 76.3 Million Reduction in Share Capital via Cancellation of 15.3 Million Class C-shares	For	Did Not Vote	Management
7	Close Meeting	None	Did Not Vote	Management

130

ELECTROLUX AB

Ticker:	ELUX	Security ID:	5466782
Meeting Date:	APR 21, 2004	Meeting Type:	Annual
Record Date:	APR 8, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
3	Approve Agenda of Meeting	For	Did Not Vote	Management
4	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
5	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
7	Receive President’s Report	None	Did Not Vote	Management
8	Receive Board, Committee, and Auditor’s Reports	None	Did Not Vote	Management
9	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
10	Approve Discharge of Board and President	For	Did Not Vote	Management
11	Approve Allocation of Income and Dividends of SEK 6.50 Per Share	For	Did Not Vote	Management
12	Determine Number of Members (8) and Deputy Members (0) of Board	For	Did Not Vote	Management
13	Approve Remuneration of Directors in the Aggregate Amount of SEK 3.8 Million; Approve Remuneration of Auditors	For	Did Not Vote	Management
14	Reelect Peggy Bruzelius, Thomas Halvorsen, Louis Hughes, Hans Straaberg, Michael Treschow, Karel Vuursteen, and Barbara Thoralfsson as Directors; Elect Aina Nilsson as New Director	For	Did Not Vote	Management
15	Approve Redemption Offer to Shareholders	For	Did Not Vote	Management
16.1	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	Did Not Vote	Management
16.2	Authorize Reissuance of Repurchased Shares	For	Did Not Vote	Management
17.1	Approve Restricted Stock Plan for Key Employees	For	Did Not Vote	Management
17.2	Approve Reissuance of 1.5 Million Repurchased Class B Shares for Restricted Stock Plan (Item 17.1)	For	Did Not Vote	Management
17.3	Approve Reissuance of 1.3 Million Repurchased Shares to Cover Expenses Connected to 1999-2003 Stock Option Plans	For	Did Not Vote	Management
18.1	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
18.2	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management
19	Close Meeting	None	Did Not Vote	Management

ELETROBRAS, CENTRAIS ELETRICAS BRASILEIRAS S.A.

Ticker:		Security ID:	BRELETACNOR6
Meeting Date:	MAY 12, 2004	Meeting Type:	Special
Record Date:

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

131

ELETROBRAS, CENTRAIS ELETRICAS BRASILEIRAS S.A.

Ticker:		Security ID:	BRELETACNOR6
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:

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

EMAP PLC

Ticker:		Security ID:	GB0002993037
Meeting Date:	JUL 8, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 15.9 Pence Per Ordinary Share	For	For	Management
4	Re-elect Gary Hughes as Director	For	For	Management
5	Re-elect David Rough as Director	For	For	Management
6	Elect Pierre Danon as Director	For	For	Management
7	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
8	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 21,640,000	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 3,208,000	For	For	Management
10	Authorise 25,663,988 Ordinary Shares for Market Purchase	For	For	Management
11	Approve the Emap plc Performance Related Pay Plan	For	For	Management

EMBRATEL PARTICIPACOES SA

Ticker:		Security ID:	BREBTPACNPR0
Meeting Date:	JUL 23, 2004	Meeting Type:	Special
Record Date:

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

132

EMI GROUP PLC (FORMERLY THORN EMI)

Ticker:		Security ID:	GB0000444736
Meeting Date:	JUL 13, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 6 Pence Per Ordinary Share	For	For	Management
3	Approve Remuneration Report	For	For	Management
4	Re-elect Martin Bandier as Director	For	For	Management
5	Re-elect Kathleen O’Donovan as Director	For	For	Management
6	Elect John Gildersleeve as Director	For	For	Management
7	Elect Sly Bailey as Director	For	For	Management
8	Re-appoint Ernst and Young LLP as Auditors of the Company	For	For	Management
9	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 42,090,018	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 5,520,198	For	For	Management
12	Authorise 78,859,975 Ordinary Shares for Market Purchase	For	For	Management
13	Amend the EMI Group Savings-Related Share Option Scheme	For	For	Management
14	Approve the EMI Group Share Incentive Plan	For	For	Management
15	Authorise EMI Group plc to Make EU Political Donations up to Aggregate Nominal Amount of GBP 50,000 and Incur EU Political Expenditure up to GBP 50,000	For	For	Management
16	Authorise EMI Music Ltd. to Make EU Political Donations up to Aggregate Nominal Amount of GBP 50,000 and Incur Political Expenditure up to GBP 50,000	For	For	Management
17	Authorise EMI Records Ltd. to Make EU Political Donations up to Aggregate Nominal Amount of GBP 50,000 and Incur Political Expenditure up to GBP 50,000	For	For	Management
18	Authorise EMI Music Publishing Ltd. to Make EU Political Donations up to Aggregate Nominal Amount of GBP 50,000 and Incur Political Expenditure up to GBP 50,000	For	For	Management
19	Authorise Virgin Records Ltd. to Make EU Political Donations up to Aggregate Nominal Amount of GBP 50,000 and Incur Political Expenditure up to GBP 50,000	For	For	Management

133

EMI GROUP PLC (FORMERLY THORN EMI)

Ticker:		Security ID:	GB0000444736
Meeting Date:	JUL 9, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 6.0 Pence Per Share	For	For	Management
3	Approve Remuneration Report	For	Against	Management
4	Reelect Eric Nicoli as Director	For	Against	Management
5	Reelect Peter Georgescu as Director	For	For	Management
6	Elect David Londoner as Director	For	For	Management
7	Ratify Ernst and Young LLP as Auditors	For	For	Management
8	Authorize Board to Fix Remuneration of Auditors	For	For	Management
9	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 41,672,749	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 5,520,186	For	For	Management
11	Authorize 78,859,793 Shares for Share Repurchase Program	For	For	Management
12	Approve Executive Share Incentive Plan	For	Against	Management

ENDESA S.A.

Ticker:		Security ID:	ES0130670112
Meeting Date:	APR 1, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Discharge Directors	For	For	Management
2	Approve Allocation of Income and Dividends	For	For	Management
3	Amend Articles 16 and 33 Re: Issue of Debt and Right to Information, and Include New Article Re: Remote Voting	For	For	Management
4	Amend General Meeting Guidelines via Amendment to Articles 9 (Right to Information), 12 (Public Request for Representation) and 18 (Interventions), and New Article Re: Remote Voting	For	For	Management
5	Elect Management Board	For	For	Management
6	Approve Auditors	For	For	Management
7	Authorize Share Repurchase	For	For	Management
8	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management
9	Information Re: Board Guidelines	For	For	Management

134

ENEL SPA

Ticker:		Security ID:	7144569
Meeting Date:	MAY 21, 2004	Meeting Type:	Annual/Special
Record Date:	MAY 14, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements, Consolidated Accounts, and Statutory Reports	For	For	Management
2	Approve Allocation of Income	For	For	Management
1	Amend Articles To Reflect New Italian Company Law Regulations and New Regulations Re: Italian State’s ‘Special Powers’	For	Against	Management
2	Approve Increase in Share Capital in the Order of EUR 38.53 Million Pursuant to Share Option Scheme in Favor of Managers	For	For	Management
3a	Appoint Internal Statutory Auditors - Majority Shareholder Slate (Ministry of Economy and Finance)	None	Against	Management
3b	Appoint Internal Statutory Auditors - Minority Shareholder Slate (Institutional Investors)	None	For	Management
4	Approve Remuneration of Primary Internal Statutory Auditors	For	For	Management

ENI SPA

Ticker:	E	Security ID:	IT0003132476
Meeting Date:	MAY 25, 2004	Meeting Type:	Annual/Special
Record Date:	MAY 20, 2004

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

135

ENIRO AB

Ticker:		Security ID:	SE0000718017
Meeting Date:	MAR 31, 2004	Meeting Type:	Annual
Record Date:	MAR 19, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
8	Receive President’s Report	None	Did Not Vote	Management
9.1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
9.2	Approve Allocation of Income and Dividends of SEK 1.80 Per Share	For	Did Not Vote	Management
9.3	Approve Discharge of Board and President	For	Did Not Vote	Management
10	Determine Number of Members and Deputy Members of Board	For	Did Not Vote	Management
11	Elect Directors	For	Did Not Vote	Management
12	Approve Remuneration of Directors	For	Did Not Vote	Management
13	Ratify Auditors	For	Did Not Vote	Management
14	Approve Remuneration of Auditors	For	Did Not Vote	Management
15	Approve Use of SEK 470.2 Million of Unrestricted Shareholders’ Equity Reserve for Repayment to Shareholders and Repurchase of Share Capital (Items 16 and 17)	For	Did Not Vote	Management
16	Approve Transfer of Reserves in the Amount of SEK 790.5 Million for Repayment to Shareholders in Connection with Repurchase of Shares; Approve SEK 9.3 Million Reduction in Share Capital	For	Did Not Vote	Management
17	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	Did Not Vote	Management
18.1	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
18.2	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management
19	Other Business (Non-Voting)	None	Did Not Vote	Management
20	Close Meeting	None	Did Not Vote	Management

136

ENTERPRISE INNS PLC

Ticker:		Security ID:	GB0003104758
Meeting Date:	JAN 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 11.4 Pence Per Share	For	For	Management
3	Elect David Harding as Director	For	For	Management
4	Reelect Michael Garner as Director	For	For	Management
5	Reelect Simon Townsend as Director	For	For	Management
6	Approve Ernst and Young LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Approve Remuneration Report	For	For	Management
8	Approve Sub-Division of Each Issued and Unissued Ordinary Share of Ten Pence Each into Two Ordinary Shares of Five Pence Each	For	For	Management
9	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 5,680,832	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 852,124	For	For	Management
11	Authorize 51,093,410 Ordinary Shares for Share Repurchase Program	For	For	Management
12	Adopt New Articles of Association	For	For	Management

ENTERPRISE INNS PLC

Ticker:		Security ID:	GB0033872275
Meeting Date:	MAR 30, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Acquisition of Outstanding Equity in The Unique Pub Company Limited; Procurement by the Company of Funding to Enable Unique Pub Holding Company Limited (UPH), a Subsidiary of Unique, to Redeem all Outstanding Deep Discount Bonds in UPH’s Capital	For	For	Management

EPCOS AG

Ticker:		Security ID:	DE0005128003
Meeting Date:	FEB 11, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Omission of Dividends	For	For	Management
3	Approve Discharge of Management Board for Fiscal 2002/2003	For	For	Management
4	Approve Discharge of Supervisory Board for Fiscal 2002/2003	For	For	Management
5	Ratify KPMG as Auditors	For	For	Management
6	Amend Articles Re: Use of Electronic Means at Shareholder Meetings; Use of Electronic Means to Register or Deposit Shares; Allow Participation in General Meeting via Electronic Means	For	For	Management
7	Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 500 Million with Preemptive Rights; Approve Creation of EUR 6.5 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
8	Approve Creation of EUR 13 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
9	Approve Stock Option Plan for Key Employees; Approve Creation of EUR 2.5 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management

137

ERICSSON (TELEFONAKTIEBOLAGET L M ERICSSON)

Ticker:	ERIAF	Security ID:	5959378
Meeting Date:	APR 6, 2004	Meeting Type:	Annual
Record Date:	MAR 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
3	Approve Agenda of Meeting	For	Did Not Vote	Management
4	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements, Statutory Reports, and Board Report; Allow Questions	None	Did Not Vote	Management
7.1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
7.2	Approve Discharge of Board and President	For	Did Not Vote	Management
7.3	Approve Allocation of Income and Omission of Dividends	For	Did Not Vote	Management
8	Determine Number of Members (9) and Deputy Members (0) of Board	For	Did Not Vote	Management
9	Approve Remuneration of Directors in the Aggregate Amount of SEK 8 Million	For	Did Not Vote	Management
10	Reelect Peter Bonfield, Sverker Martin-Loef, Arne Maartensson, Eckhard Pfeiffer, Lena Torell, Carl-Henric Svanberg, Michael Treschow, and Marcus Wallenberg; Elect Nancy McKinstry as New Director	For	Did Not Vote	Management
11	Approve Remuneration of Auditors	For	Did Not Vote	Management
12	Ratify Peter Clemendtson (Oehrlings PricewaterhouseCoopers) as Auditor and Robert Bernden (Oehrlings PricewaterhouseCoopers) as Deputy Auditor	For	Did Not Vote	Management
13	Elect Bengt Belfrage, Christer Elmehagen, Anders Nyren, Bjoern Svedberg, and Michael Treschow as Members of Nominating Committee	For	Did Not Vote	Management
14.1	Reserve 23.5 Million Shares for New Long-Term Incentive Plan (Stock Purchase Plan) for Key Employees	For	Did Not Vote	Management
14.2	Authorize Board to Examine Reasonableness of Performance Criteria Attached to Incentive Plan (Item 14.1)	For	Did Not Vote	Management
14.3	Amend 2003 Employee Stock Purchase Plan Re: Threshold for Employee’s Maximum Contribution to Plan	For	Did Not Vote	Management
14.4	Authorize Reissuance of 24.6 Million Repurchased Class B Shares in Connection with 2003 and 2004 Employee Stock Purchase Plans	For	Did Not Vote	Management
14.5	Authorize Reissuance of 55.8 Million Repurchased Class B Shares in Connection with 2001 and 2003 Employee Compansation Plans	For	Did Not Vote	Management
15	Shareholder Proposal: Provide All Shares with Equal Voting Rights	Against	Did Not Vote	Shareholder
16	Close Meeting	None	Did Not Vote	Management

138

ERSTE BANK DER OESTER SPARK

Ticker:		Security ID:	AT0000652011
Meeting Date:	MAY 4, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income	For	For	Management
3.a	Approve Discharge of Management Board	For	For	Management
3.b	Approve Discharge of Supervisory Board	For	For	Management
4	Approve Remuneration of Directors	For	For	Management
5	Elect Supervisory Board Members	For	For	Management
6	Ratify Auditors	For	For	Management
7	Approve Spin-Off Agreement of FINAG-Holding AG	For	For	Management
8	Approve EUR 43.9 Million Capitalization of Reserves	For	For	Management
9	Approve 4:1 Stock Split	For	For	Management
10	Approve Creation of EUR 16.7 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
11	Authorize Repurchase of Up to Ten Percent of Issued Share Capital for Trading Purposes	For	For	Management
12	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
13	Amend Articles	For	For	Management

ESPRIT HOLDINGS

Ticker:		Security ID:	BMG3122U1291
Meeting Date:	NOV 26, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend	For	For	Management
3	Approve Special Dividend	For	For	Management
4	Reelect Directors	For	For	Management
5	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
7	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
8	Authorize Reissuance of Repurchased Shares	For	For	Management

139

ESSILOR INTERNATIONAL

Ticker:		Security ID:	FR0000121667
Meeting Date:	MAY 5, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Statutory Reports, Consolidated Financial Statements, and Discharge Directors	For	For	Management
2	Approve Allocation of Income and Dividends of EUR 0.84 per Share	For	For	Management
3	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
4	Reelect Xavier Fontanet as Director	For	For	Management
5	Elect Louis Lesperance as Director	For	For	Management
6	Elect Jean-Pierre Martin as Director	For	For	Management
7	Elect Yves Chevillotte as Director	For	For	Management
8	Approve Remuneration of Directors in the Aggregate Amount of EUR 165,000	For	For	Management
9	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
10	Authorize Filing of Required Documents/Other Formalities	For	For	Management

EURONEXT

Ticker:		Security ID:	NL0000241511
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual
Record Date:	MAY 21, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2	Elect Secretary of Meeting	For	For	Management
3.1	Receive Report of Management Board	None	None	Management
3.2	Approve Financial Statements and Statutory Reports	For	For	Management
3.3	Approve Dividend in the Amount of EUR 0.50 Per Share; Receive Explanation of Reserves and Dividend Policy	For	For	Management
3.4	Approve Discharge of Management Board	For	For	Management
3.5	Approve Discharge of Supervisory Board	For	For	Management
4	Discussion about Company’s Corporate Governance Report	None	None	Management
5	Receive Explanation of Remuneration Policy of Management Board	None	None	Management
6.1	Approve Stock Option Plan (Conditional Upon Approval of Items 6.2 and 6.3)	For	For	Management
6.2	Approve Grant of 760,000 Stock Options to Key Employees and Management Board Members (Conditional Upon Approval of Items 6.1 and 6.3)	For	For	Management
6.3	Approve Performance Criteria of Stock Option Plan (Conditional Upon Approval of Items 6.1 and 6.2)	For	For	Management
6.4	Approve Grant of Stock Options to Individual Management Board Members (Included in the 760,000 Stock Options Under Item 6.2)	For	For	Management
7.1	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
7.2	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
8	Reelect J. Hessels, D. Hoenn, and J. Peterbroeck to Supervisory Board; Elect P. Houel to Supervisory Board	For	For	Management
9	Approve Remuneration of Supervisory Board Committee Members (EUR 7,500 for Audit Committee Members; EUR 5,000 for Remuneration/Nomination Committee Members; EUR 3,000 for IT Committee Members)	For	For	Management
10	Ratify Ernst & Young as Auditors	For	For	Management
11	Other Business (Non-Voting)	None	None	Management
12	Close Meeting	None	None	Management

140

EXEL PLC

Ticker:	NFC	Security ID:	GB0004486881
Meeting Date:	JUL 26, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Acquisition of Tibbett & Britten Group plc	For	For	Management

EXEL PLC

Ticker:	NFC	Security ID:	GB0004486881
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 16.8 Pence Per Ordinary Share	For	For	Management
4	Elect Dennis Millard as Director	For	For	Management
5	Elect John McDonough as Director	For	For	Management
6	Re-elect John Allan as Director	For	For	Management
7	Re-elect Mick Fountain as Director	For	For	Management
8	Re-elect Ian Smith as Director	For	For	Management
9	Re-appoint Ernst and Young LLP Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 23,831,000	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 4,141,000	For	For	Management
12	Authorise 29,820,000 Ordinary Shares for Market Purchase	For	For	Management

141

FANUC LTD.

Ticker:		Security ID:	JP3802400006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 11, Final JY 12, Special JY 0	For	Did Not Vote	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	Did Not Vote	Management
3.1	Elect Director	For	Did Not Vote	Management
3.2	Elect Director	For	Did Not Vote	Management
4	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
5	Approve Adjustment to Aggregate Compensation Ceilings for Directors and Statutory Auditors	For	Did Not Vote	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditor	For	Did Not Vote	Management

FAST RETAILING

Ticker:		Security ID:	JP3802300008
Meeting Date:	NOV 26, 2003	Meeting Type:	Annual
Record Date:	AUG 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 20, Final JY 35, Special JY 0	For	For	Management
2	Amend Articles to: Increase Number of Internal Auditors - Reduce Directors’ Term in Office - Extend Internal Auditors’ Term in Office - Lower Quorum Requirement for Special Business - Allow Share Repurchases at Discretion of Board	For	Against	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	Against	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	Against	Management
6	Approve Adjustment to Aggregate Compensation Ceiling for Statutory Auditors	For	For	Management

142

FIAT SPA

Ticker:	FIAPRA	Security ID:	IT0001976403
Meeting Date:	MAY 8, 2004	Meeting Type:	Annual
Record Date:	MAY 3, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Director Indemnification/Liability Provisions	For	For	Management
3	Amend Articles To Reflect: New Italian Company Law Regulations; Reduction of Minimum Stake Requirements to Present Lists for the Election of Internal Statutory Auditors; Savings and Privilege Shares’ Special Reserves	For	Against	Management

FINMECCANICA SPA

Ticker:		Security ID:	IT0001407847
Meeting Date:	MAY 25, 2004	Meeting Type:	Annual/Special
Record Date:	MAY 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
1	AmenAmend Articles To Reflect New Italian Company Law Regulations	For	Against	Management

FKI PLC

Ticker:		Security ID:	GB0003294591
Meeting Date:	JUL 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 3 Pence Per Ordinary Share	For	For	Management
4	Elect Charles Matthews as Director	For	For	Management
5	Elect Neil Bamford as Director	For	For	Management
6	Re-elect Sir Michael Hodgkinson as Director	For	For	Management
7	Re-elect Reg Gott as Director	For	For	Management
8	Re-appoint Ernst and Young LLP as Auditors of the Company	For	For	Management
9	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 16,300,000	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2,900,000	For	For	Management
12	Authorise 29 Million Ordinary Shares for Market Purchase	For	For	Management
13	Amend Articles of Association Re: Electronic Voting	For	For	Management

143

FLUGHAFEN WIEN AG

Ticker:		Security ID:	AT0000911805
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income	For	For	Management
3	Approve Discharge of Management and Supervisory Boards	For	For	Management
4	Approve Remuneration of Directors	For	For	Management
5	Elect Supervisory Board Members	For	For	Management
6	Ratify Auditors	For	For	Management

FOMENTO DE CONSTRUCCIONES Y CONTRATAS, S.A.

Ticker:		Security ID:	ES0122060314
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Individual and Consolidated Financial Statements, Statury Reports, and Discharge Directors	For	For	Management
2	Approve Allocation of Income	For	For	Management
3	Amend Articles 12,19,23,24,33 and 34 Re: General Meeting, Representation, Access to Information, Accords, Board Powers	For	For	Management
4	Approve General Meeting Guidelines	For	For	Management
5	Elect Management Board	For	For	Management
6	Authorize Share Repurchase Program	For	For	Management
7	Reelect Deloitte & Touche Espana SL as Auditors	For	For	Management
8	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management
9	Approve Minutes of Meeting	For	For	Management

144

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

Ticker:		Security ID:	BE0003801181
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual/Special
Record Date:

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

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

Ticker:		Security ID:	BE0003801181
Meeting Date:	MAY 4, 2004	Meeting Type:	Special
Record Date:

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

145

FORTUM OYJ (FORMERLY NESTE OY)

Ticker:		Security ID:	FI0009007132
Meeting Date:	DEC 18, 2003	Meeting Type:	Special
Record Date:	DEC 8, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles Re: Company Purpose; Duties of the Supervisory Board; Election and Terms of Board of Directors Members; Calling of Shareholder Meetings; Board Remuneration	For	For	Management
2	Approve Selling of Shares	For	For	Management

FORTUM OYJ (FORMERLY NESTE OY)

Ticker:		Security ID:	FI0009007132
Meeting Date:	MAR 25, 2004	Meeting Type:	Annual
Record Date:	MAR 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
1.2	Receive Auditor’s Report	None	Did Not Vote	Management
1.3	Receive Statement by Supervisory Board on Annual and Auditors’ Reports	None	Did Not Vote	Management
1.4	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
1.5	Approve Allocation of Income and Dividends of EUR 0.42 Per Share	For	Did Not Vote	Management
1.6	Approve Discharge of Supervisory Board, Board of Directors, and President	For	Did Not Vote	Management
1.7	Approve Remuneration of Members of Supervisory Board and Auditors	For	Did Not Vote	Management
1.8	Fix Number of Members of Supervisory Board and Auditors	For	Did Not Vote	Management
1.9	Reelect Peter Fagernaes, Heikki Pentti, Birgitta Kantola, Lasse Kurkilathi, Antti Lagerroos, and Erkki Virtanen as Members of Supervisory Board; Elect Birgitta Johansson-Hedberg as New Member of Supervisory Board	For	Did Not Vote	Management
1.10	Ratify PricewaterhouseCoopers as Auditors	For	Did Not Vote	Management
2	Shareholder Proposal: Abolish Supervisory Board	None	Did Not Vote	Shareholder
3	Shareholder Proposal: Establish a Nominating Committee	None	Did Not Vote	Shareholder

FOSTER’S GROUP LTD (FORMERLY FOSTER’S BREWING GROUP LTD)

Ticker:	FBRWY	Security ID:	AU000000FGL6
Meeting Date:	MAR 17, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorize Further Share Repurchase Program	For	For	Management
2	Elect Maxwell G. Ould as Director	For	For	Management

146

FOSTER’S GROUP LTD (FORMERLY FOSTER’S BREWING GROUP LTD)

Ticker:	FBRWY	Security ID:	AU000000FGL6
Meeting Date:	OCT 27, 2003	Meeting Type:	Annual
Record Date:	OCT 25, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Lyndsey Cattermole as Director	For	For	Management
2	Approve Foster’s Employee Share Plans	For	For	Management
3	Approve Foster’s Long Term Incentive Plan	For	For	Management
4	Approve The Participation of Edward T Kunkel, President and CEO of the Company in the Foster’s Long Term Incentive Plan	For	For	Management

FRANCE TELECOM SA

Ticker:		Security ID:	FR0000133308
Meeting Date:	OCT 6, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Terms of Share Repurchase Plan Submitted to Shareholder Vote at May 27, 2003, AGM/EGM	For	For	Management
2	Authorize Board to Issue Up to 100 Million Shares to Participants of Orange’s Stock Option Plan, Share Purchase Plan, Orange Senior Discretionary Share Plan and Restricted Share Plan, As Well As Signatories of France Telecom Liquidity Agreement	For	For	Management
3	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
4	Authorize Filing of Required Documents/Other Formalities	For	For	Management

147

FRANCE TELECOM SA

Ticker:		Security ID:	FR0000133308
Meeting Date:	APR 9, 2004	Meeting Type:	Annual/Special
Record Date:

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

FRASER AND NEAVE, LIMITED

Ticker:		Security ID:	SG1M29902574
Meeting Date:	JUL 29, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Fraser & Neave Pro Rata Capital Reduction	For	For	Management
2	Approve Fraser & Neave Selective Capital Reduction	For	For	Management

148

FRESENIUS MEDICAL CARE AG

Ticker:	FMS	Security ID:	DE0005785802
Meeting Date:	MAY 27, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.02 per Common Share and EUR 1.08 per Preference Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify KPMG Deutsche Treuhand-Gesellschaft AG as Auditors	For	For	Management
6	Elect Ulf Schneider to the Supervisory Board	For	For	Management

FRIENDS PROVIDENT PLC

Ticker:		Security ID:	GB0030559776
Meeting Date:	MAY 20, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 4.9 Pence Per Ordinary Share	For	For	Management
3	Elect Ray King as Director	For	For	Management
4	Elect Philip Moore as Director	For	For	Management
5	Re-elect Lady Judge as Director	For	For	Management
6	Re-elect Lord MacGregor as Director	For	For	Management
7	Re-elect David Newbigging as Director	For	For	Management
8	Re-elect Keith Satchell as Director	For	For	Management
9	Re-elect Brian Sweetland as Director	For	For	Management
10	Approve Remuneration Report	For	For	Management
11	Re-appoint KPMG Audit Plc as Auditors of the Company	For	For	Management
12	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
13	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 57,430,303.70	For	For	Management
14	Approve the Use of Treasury Shares for the Exercise of Options or the Vesting of Other Share Awards Under the Company’s Share Schemes	For	For	Management
15	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 8,614,545.60	For	For	Management
16	Authorise 172,290,911 Ordinary Shares for Market Purchase	For	For	Management
17	Amend Articles of Association Re: Treasury Shares	For	For	Management

149

FUJI PHOTO FILM CO. LTD.

Ticker:	FUJIY	Security ID:	JP3814000000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 12.5, Final JY 12.5, Special JY 0	For	Did Not Vote	Management
2	Amend Articles to: Increase Board Size and Number of Internal Auditors - Authorize Share Repurchases at Board’s Discretion - Limit Directors’ and Internal Auditors’ Legal Liability	For	Did Not Vote	Management
3.1	Elect Director	For	Did Not Vote	Management
3.2	Elect Director	For	Did Not Vote	Management
3.3	Elect Director	For	Did Not Vote	Management
3.4	Elect Director	For	Did Not Vote	Management
3.5	Elect Director	For	Did Not Vote	Management
3.6	Elect Director	For	Did Not Vote	Management
3.7	Elect Director	For	Did Not Vote	Management
3.8	Elect Director	For	Did Not Vote	Management
3.9	Elect Director	For	Did Not Vote	Management
3.10	Elect Director	For	Did Not Vote	Management
3.11	Elect Director	For	Did Not Vote	Management
3.12	Elect Director	For	Did Not Vote	Management
3.13	Elect Director	For	Did Not Vote	Management
3.14	Elect Director	For	Did Not Vote	Management
3.15	Elect Director	For	Did Not Vote	Management
3.16	Elect Director	For	Did Not Vote	Management
4	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
5	Approve Retirement Bonuses for Directors	For	Did Not Vote	Management
6	Approve Adjustment to Aggregate Compensation Ceiling for Statutory Auditors	For	Did Not Vote	Management

FUJI TELEVISION NETWORK, INC.

Ticker:		Security ID:	JP3819400007
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 600, Final JY 600, Special JY 800	For	Did Not Vote	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion - Lower Quorum Requirement for Special Business	For	Did Not Vote	Management
3.1	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
3.2	Appoint Internal Statutory Auditor	For	Did Not Vote	Management

150

FUJIKURA LTD.

Ticker:		Security ID:	JP3811000003
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 3, Special JY 0	For	For	Management
2	Approve Sale of Company’s Power Transmission and Distribution-Related Business to Joint Venture with Furukawa Electric Co.	For	For	Management
3	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

FUJISAWA PHARMACEUTICAL CO. LTD.

Ticker:		Security ID:	JP3813600008
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 9, Final JY 13, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Merger Agreement with Yamanouchi Pharmaceutical Co.	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

151

FUJITSU LTD.

Ticker:	FUJI	Security ID:	JP3818000006
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion - Limit Directors’ and Internal Auditors’ Legal Liability	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

FURUKAWA ELECTRIC CO. LTD.

Ticker:		Security ID:	JP3827200001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Handling of Net Loss, with No Dividends	For	For	Management
2	Approve Sale of Company’s Power Transmission and Distribution Related Business to Joint Venture with Fujikura Ltd.	For	For	Management
3	Amend Articles to: Increase Authorized Capital and Authorize Issuance of Preferred Shares and Subordinated Shares	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
5.3	Appoint Internal Statutory Auditor	For	For	Management

152

GAS NATURAL SDG, S.A.

Ticker:		Security ID:	5650422
Meeting Date:	APR 14, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Allocation of Income and Discharge Directors	For	For	Management
2	Approve Transfer of Amortization Account to Voluntary Reserves	For	For	Management
3	Approve Transfer of Emergency Reserves, Balance Standardization Reserve, Social Reserve, and Merger Reserve to Voluntary Reserves	For	For	Management
4	Elect Management Board	For	For	Management
5	Approve General Meeting Guidelines; Present Board Guidelines Report	For	For	Management
6	Authorize Board to Transfer Gas Distribution Activities to Gas Natural Distribucion SDG, S.A.	For	For	Management
7	Authorize Repurchase of Shares	For	For	Management
8	Reelect PriceWaterhouseCoopers, S.L. as Auditors	For	For	Management
9	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management
10	Allow Questions	None	None	Management

GEBERIT

Ticker:		Security ID:	CH0008038223
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Dividends of CHF 17 per Share	For	For	Management
3	Approve Discharge of Board and Senior Management	For	For	Management
4	Reelect Klaus Weisshaar as Director	For	For	Management
5	Reelect PricewaterhouseCoopers AG as Auditors	For	For	Management
6	Approve Creation of CHF 200,000 Pool of Conditional Capital without Preemptive Rights	For	For	Management

GENERAL PROPERTY TRUST

Ticker:		Security ID:	AU000000GPT8
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Kenneth John Moss as Director	For	For	Management

153

GEORGE WIMPEY PLC

Ticker:		Security ID:	GB0009713446
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 8.45 Pence Per Share	For	For	Management
3	Re-elect John Robinson as Director	For	For	Management
4	Re-elect Michael Blackburn as Director	For	For	Management
5	Re-elect David Williams as Director	For	For	Management
6	Elect Baroness Dean of Thornton-le-Fylde as Director	For	For	Management
7	Approve PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Their Remuneration	For	For	Management
8	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 32,017,837	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 4,802,675	For	For	Management
10	Authorise 38,421,405 Shares for Market Repurchase	For	For	Management
11	Approve Remuneration Report	For	For	Management

GIVAUDAN AG

Ticker:		Security ID:	CH0010645932
Meeting Date:	APR 16, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Discharge of Board and Senior Management	For	For	Management
3	Approve Allocation of Income and an Ordinary Dividend of CHF 8.90 per Share; Approve Payment of an Extraordinary Dividend of CHF 6.50 per Share	For	For	Management
4	Approve CHF 2 Million Reduction in Share Capital via Cancellation of Shares	For	For	Management
5	Approve Creation of CHF 10 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
6	Reelect Henri Meier as Director; Elect Dietrich Fuhrmann as Director	For	For	Management
7	Reelect PricewaterhouseCoopers SA as Auditors	For	For	Management

154

GKN PLC (GUEST KEEN & NETFLD.)

Ticker:		Security ID:	GB0030646508
Meeting Date:	MAY 20, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 7.8 Pence Per Ordinary Share	For	For	Management
3	Re-elect Roy Brown as Director	For	For	Management
4	Re-elect Ian Griffiths as Director	For	For	Management
5	Elect Helmut Mamsch as Director	For	For	Management
6	Elect Sir Christopher Meyer as Director	For	For	Management
7	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
8	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
9	Approve Remuneration Report	For	For	Management
10	Authorise 73,411,339 Ordinary Shares for Market Purchase	For	For	Management
11	Amend Articles of Association Re: Sale of Treasury Shares	For	For	Management
12	Approve GKN Long Term Incentive Plan 2004	For	For	Management
13	Approve GKN Executive Share Option Scheme 2004	For	For	Management
14	Approve New Overseas Executive Incentive Schemes	For	For	Management

GLAXOSMITHKLINE PLC (FORMERLY GLAXO WELLCOME PLC)

Ticker:	SBH	Security ID:	GB0009252882
Meeting Date:	MAY 17, 2004	Meeting Type:	Annual
Record Date:

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

155

GOLDEN HOPE PLANTATIONS BERHAD

Ticker:		Security ID:	MYL1953OO008
Meeting Date:	AUG 11, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Joint Venture Between Golden Hope Development Sdn Bhd, a Wholly-Owned Subsidiary of Golden Hope Plantations Bhd, and Negara Properties Smarthome Sdn Bhd, a Wholly-Owned Subsidiary of Negara Properties (M) Bhd to Jointly Develop Bangi Estate	For	For	Management
2	Approve Joint Venture Between Golden Hope Development Sdn Bhd and Melawati Development Sdn Bhd, a Wholly-Owned Subsidiary of Negara Properties (M) Bhd to Jointly Develop Old Lunderston Estate	For	For	Management
3	Approve Joint Venture Agreement Between Golden Hope Development Sdn Bhd, and Melawati Development Sdn Bhd to Jointly Develop Part of Kota Bayuemas	For	For	Management
4	Approve Joint Venture Agreement Between Golden Hope Development Sdn Bhd and Negara Properties Realty Sdn Bhd to Jointly Develop Part of Kota Seriemas	For	For	Management

GRAFTON GROUP PLC

Ticker:		Security ID:	IE0031844511
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual
Record Date:	MAY 9, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and Consider Financial Statements	For	For	Management
2a	Reappoint G. Bowler as a Director	For	For	Management
2b	Reappoint R. Jewson as a Director	For	For	Management
3	Authorize Board to Fix Remuneration of Auditors	For	For	Management
4	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to the Nominal Value of the Issued Share Capital	For	For	Management
5	Authorize Board to Allot Equity Securities for Cash without Preemptive Rights up to Aggregate Nominal Amount of Five Percent of Issued and Outstanding Ordinary Share Capital	For	For	Management
6	Authorize Company to make Market Purchases of Own Shares	For	For	Management
7	Determine Price Range for Reissue of Treasury Shares	For	For	Management
8	Approve Cancellation of Redeemable Shares	For	For	Management
9	Declare Dividend	For	For	Management
10	Approve Increase in Authorized Share Capital Through Creation of ‘A’ Ordinary Shares	For	For	Management
11	Authorize Contingent Purchase Contract Relating to ‘A’ Ordinary Shares	For	For	Management
12	Amend Articles re: Rights and Restrictions Attached to ‘A’ Ordinary Shares	For	For	Management

156

GRANADA PLC (FRMRLY. GRANADA COMPASS)

Ticker:		Security ID:	GB0008275660
Meeting Date:	JAN 13, 2004	Meeting Type:	Court
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	To Give Effect to the Scheme of Arrangement Between the Company and Holders of Scheme Shares	For	For	Management

GRANADA PLC (FRMRLY. GRANADA COMPASS)

Ticker:		Security ID:	GB0008275660
Meeting Date:	JAN 13, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	To Give Effect to the Scheme of Arrangement Between the Company and Holders of its Scheme Shares	For	For	Management
2	Approve ITV Approved Executive Share Option Scheme	For	For	Management
3	Approve ITV Unapproved Executive Share Option Scheme	For	For	Management
4	Approve ITV Commitment Scheme	For	For	Management
5	Approve ITV Savings-Related Share Option Scheme	For	For	Management
6	Approve ITV Share Incentive Plan	For	For	Management
7	Establish Plans for Oversea Employees of ITV	For	For	Management

GROUP 4 FALCK A/S (FORMERLY FALCK A/S)

Ticker:	WAK	Security ID:	DK0010291699
Meeting Date:	JUN 28, 2004	Meeting Type:	Special
Record Date:	JUN 4, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Merger Agreement of Group 4 Falck’s Security Businesses with Securicor Plc.	For	For	Management
2	Approve Demerger of Company into Group 4 A/S and Falck A/S	For	For	Management
3	Elect Joergen Philip-Soerensen, Alf Duch-Pedersen, and Lars Noerby Johansen as Directors of Group 4 A/S	For	For	Management
4	Elect Lars Noerby Johansen, Henrik Brandt, Jens Erik Christensen, Johannes Due, and Jens Kampmann as Directors of Falck A/S	For	For	Management
5	Ratify KPMG C. Jespersen and PricewaterhouseCoopers as Auditors of Group 4 A/S	For	For	Management
6	Ratify KPMG C. Jespersen and PricewaterhouseCoopers as Auditors of Falck A/S	For	For	Management
7	Authorize Group 4 A/S to Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
8	Authorize Falck A/S to Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
9	Authorize Board to Implement Merger and Demerger Proposed Under Items 1 and 2	For	For	Management
10	Authorize Chairman of Meeting to Make Editorial Changes to Adopted Resolutions in Connection with Registration	For	For	Management
11	Receive Information Concerning Exchange Offer of Shares in Connection with Merger with Securicor Plc. (Item 1)	None	None	Management
12	Other Business (Non-Voting)	None	None	Management

157

GROUP 4 FALCK A/S (FORMERLY FALCK A/S)

Ticker:	WAK	Security ID:	DK0010291699
Meeting Date:	APR 15, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Report of Board	None	None	Management
2	Approve Financial Statements and Discharge Directors	For	For	Management
3	Approve Allocation of Income and Dividends in the Aggregate Amount of DKK 35 Million	For	For	Management
4	Reelect Joergen Philip-Soerensen, Henrik Brandt, David Gore-Booth, and Waldemar Schmidt as Directors	For	For	Management
5	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
6	Ratify KPMG C. Jespersen and PricewaterhouseCoopers as Auditors	For	For	Management
7	Receive Information about Planned Merger Between Group 4 Falck A/S and Securicor Plc.	None	None	Management

GROUPE DANONE

Ticker:	DA	Security ID:	FR0000120644
Meeting Date:	APR 6, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
2	Approve Financial Statements, Statutory Reports, and Consolidated Financial Statements	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 3.675 per Share	For	For	Management
4	Ratify Changed Location of Registered Office/Headquarters	For	For	Management
5	Reelect Franck Riboud as Director	For	For	Management
6	Reelect Emmanuel Faber as Director	For	For	Management
7	Maintain Jerome Seydoux as Director	For	For	Management
8	Ratify Mazars & Guerard as Auditors	For	For	Management
9	Ratify PricewaterhouseCoopers Audit as Auditors	For	For	Management
10	Ratify Patrick de Cambourg as Alternate Auditor	For	For	Management
11	Ratify Anne Monteil as Alternate Auditor	For	For	Management
12	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
13	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 45 Million	For	For	Management
14	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 45 Million	For	For	Management
15	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
16	Adopt New Articles Pursuant to Amendments to Reflect Financial Security legislation, and Amended Corporate Purpose	For	Against	Management
17	Approve 2-for-1 Stock Split	For	For	Management
18	Authorize Filing of Required Documents/Other Formalities	For	For	Management

158

GRUPO DRAGADOS (FRM. DRAGADOS Y CONSTRUCCIONES,)

Ticker:		Security ID:	ES0127070110
Meeting Date:	OCT 13, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Merger Balance Sheet Dated 4-30-03	For	Against	Management
2	Approve Acquisition by ACS, Actividades de Construccion y Servicios SA	For	Against	Management
3	Authorize Board to Ratify and Execute Approved Resolutions	For	Against	Management

GRUPO FERROVIAL S.A

Ticker:		Security ID:	ES0162601019
Meeting Date:	MAR 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Information Re: Board Guidelines	None	None	Management
2	Accept Financial Statements and Statutory Reports	For	For	Management
3	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
4	Approve Allocation of Income and Dividends of EUR 0.60 Per Share	For	For	Management
5	Approve Discharge of Management Board	For	For	Management
6	Amend Articles 11, 14, 15 and 20 Re: General Meeting	For	For	Management
7	Approve General Meeting Guidelines	For	For	Management
8	Approve Stock Option Plan	For	For	Management
9	Authorize Share Repurchase Program	For	For	Management
10	Authorize Issuance of Convertible or Non-Convertible Bonds and/or Warrants without Preemptive Rights	For	Against	Management
11	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

159

GUS PLC (FORMERLY GREAT UNIVERSAL STORES)

Ticker:		Security ID:	GB0003847042
Meeting Date:	JUL 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 19 Pence Per Ordinary Share	For	For	Management
4	Elect Andy Hornby as Director	For	For	Management
5	Re-elect Sir Victor Blank as Director	For	For	Management
6	Re-elect Sir Alan Rudge as Director	For	For	Management
7	Re-elect Alan Smart as Director	For	For	Management
8	Re-elect David Tyler as Director	For	For	Management
9	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
10	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
11	Authorise 100 Million Ordinary Shares for Market Purchase	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 58,395,799	For	For	Management
13	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 12,705,210	For	For	Management

GUS PLC (FORMERLY GREAT UNIVERSAL STORES)

Ticker:		Security ID:	GB0003847042
Meeting Date:	JUL 23, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 16.4 Pence Per Share	For	For	Management
4	Elect Craig Smith as Director	For	For	Management
5	Reelect Philip Harris as Director	For	For	Management
6	Reelect Louise Patten as Director	For	For	Management
7	Reelect John Peace as Director	For	For	Management
8	Reelect Oliver Stocken as Director	For	For	Management
9	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
10	Authorize 100,000,000 Shares for Share Repurchase Program	For	For	Management
11	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 60,684,309	For	For	Management
12	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 12,590,785	For	For	Management
13	Approve Increase in Remuneration of Non-executive Directors to GBP 500,000	For	For	Management
14	Authorize Homebase Ltd. to Make EU Political Donations up to GBP 25,000	For	For	Management

160

HAGEMEYER NV

Ticker:		Security ID:	NL0000355477
Meeting Date:	APR 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2	Receive Report of Management Board	None	None	Management
3	Approve Financial Statements and Statutory Reports	For	For	Management
4.1	Approve Discharge of Management Board	For	For	Management
4.2	Approve Discharge of Supervisory Board	For	For	Management
5	Elect B. Bourigeaud BA and M. de Raad to Supervisory Board	For	For	Management
6	Elect R. de Becker to Management Board	For	For	Management
7	Ratify Deloitte Accountants as Auditors	For	For	Management
8	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
9.1	Grant Board Authority to Issue Ordinary Shares Up to 20 Percent of Issued Share Capital	For	For	Management
9.2	Grant Board Authority to Exclude Preemptive Rights from Issuance Under Item 9.1	For	For	Management
10	Discussion about Company’s Corporate Governance Report	None	None	Management
11	Allow Questions	None	None	Management
12	Close Meeting	None	None	Management

161

HANA MICRO ELECTRONIC CO.

Ticker:		Security ID:	TH0324010Z12
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:	APR 9, 2004

#	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 Reports	For	For	Management
4	Elect Directors and Fix Their Remuneration	For	For	Management
5	Approve Allocation of Income and Dividend of Baht 5 per Share	For	For	Management
6	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
7	Amend Company Objective	For	For	Management
8	Amend Articles of Association Re: Company Seal	For	For	Management
9	Reduce Par Value of Common Stock to Baht 1 from Baht 5	For	For	Management
10	Amend Memorandum of Association to Reflect Decrease in Par Value	For	For	Management
11	Amend Articles of Association Re: Par Value	For	For	Management
12	Approve Allocation of Additional Shares for Warrant Conversion due to New Exercise Ratio	For	For	Management
13	Approve Issuance of 7.5 Million Units of Warrants to Directors, Employees, and Advisors of the Company	For	For	Management
14	Approve Allocation of 7.5 Million Ordinary Shares	For	For	Management
15	Approve Allocation of Un-Issued Shares	For	For	Management
16	Approve Issuance of Warrants to Directors, Employees and Advisors Exceeding Five Percent of the Total Issuance	For	For	Management
17	Approved Purchase of Shares and/or Assets of Hana Semiconductor (Ayutthaya) Co, Ltd from Hana Semiconductor Enterprises Co, Ltd	For	Against	Management
18	Other Business	For	Against	Management

HANG LUNG PROPERTIES LTD

Ticker:		Security ID:	HK0101000591
Meeting Date:	NOV 13, 2003	Meeting Type:	Annual
Record Date:	NOV 4, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend	For	For	Management
3	Reelect Directors and Authorize Board to Fix Their Remuneration	For	For	Management
4	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5a	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
5b	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
5c	Authorize Reissuance of Repurchased Shares	For	For	Management
6	Other Business (Voting)	For	Against	Management

162

HANG SENG BANK

Ticker:		Security ID:	HK0011000095
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Elect Directors	For	For	Management
3	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
4	Appoint Managing Director	For	For	Management
5	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management

HANSON PLC

Ticker:	HANT	Security ID:	GB0004089834
Meeting Date:	SEP 19, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Scheme of Arrangement Re: Introduction of a New Holding Company	For	For	Management

HANSON PLC

Ticker:	HANT	Security ID:	GB0004089834
Meeting Date:	SEP 19, 2003	Meeting Type:	Court
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Scheme of Arrangement Re: Introduction of a New Holdings Company	For	For	Management

163

HANSON PLC

Ticker:	HANT	Security ID:	GB0033516088
Meeting Date:	MAY 13, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 11.95 Pence Per Ordinary Share	For	For	Management
4.1	Re-elect Christopher Collins as Director	For	For	Management
4.2	Re-elect Alan Murray as Director	For	For	Management
4.3	Re-elect Lord Baker of Dorking as Director	For	For	Management
4.4	Re-elect Frank Blount as Director	For	For	Management
4.5	Re-elect Graham Dransfield as Director	For	For	Management
4.6	Re-elect Simon Keswick as Director	For	For	Management
4.7	Elect Sam Laidlaw as Director	For	For	Management
4.8	Re-elect Jonathan Nicholls as Director	For	For	Management
4.9	Re-elect Baronees Noakes as Director	For	For	Management
5	Reappoint Ernst and Young LLP as Auditors and Authorise Board to Fix Their Remuneration	For	For	Management
6.1	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 24,550,000	For	For	Management
6.2	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 3,680,000	For	For	Management
7	Authorise 73.6 Million Ordinary Shares for Market Purchase	For	For	Management

HAYS PLC

Ticker:		Security ID:	GB0004161021
Meeting Date:	NOV 19, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 3.63 Pence Per Share	For	For	Management
3	Approve Remuneration Report	For	For	Management
4	Elect John Martin as Director	For	For	Management
5	Reelect Xavier Urbain as Director	For	For	Management
6	Reelect Brian Wallace as Director	For	For	Management
7	Reelect Denis Waxman as Director	For	For	Management
8	Ratify Deloitte and Touche LLP as Auditors	For	For	Management
9	Authorize Board to Fix Remuneration of Auditors	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 5,783,762	For	For	Management
11	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 867,564	For	For	Management
12	Authorize 260,000,000 Shares for Share Repurchase Program	For	For	Management

164

HAYS PLC

Ticker:		Security ID:	GB0004161021
Meeting Date:	DEC 18, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Sale of the Trading Operations and Certain Assets of the Logistics Division of Hays plc to Certain Purchasers Formed by Platinum Equity, LLC	For	For	Management

HAYS PLC

Ticker:		Security ID:	GB0004161021
Meeting Date:	NOV 19, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Hays Long Term Co-Investment Plan	For	For	Management
2	Adopt New Articles of Association	For	For	Management

HBOS PLC

Ticker:		Security ID:	GB0030587504
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:

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

165

HDFC BANK LIMITED

Ticker:		Security ID:	INE040A01018
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Dividends of INR 3.5 Per Share	For	For	Management
3	Reappoint V.R. Gadwal as Director	For	For	Management
4	Reappoint R. Karnad as Director	For	For	Management
5	Approve P.C. Hansotia & Co. as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Appoint B. Parikh as Director	For	For	Management
7	Appoint R. Kapur as Director	For	For	Management
8	Approve Reappointment and Remuneration of J. Capoor, Part-time Chairman	For	For	Management
9	Approve Reappointment and Remuneration of A. Puri, Managing Director	For	For	Management
10	Approve Voluntary Delisting of Company Shares	For	For	Management
11	Approve Increase in Borrowing Powers	For	For	Management

HEIDELBERGCEMENT(FRMLY HEIDELBERGER ZEMENT AG)

Ticker:		Security ID:	DE0006047004
Meeting Date:	MAY 6, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 1.15 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify Ernst & Young AG as Auditors	For	For	Management
6	Approve Creation of EUR 50 Million Pool of Conditional Capital with Preemptive Rights	For	For	Management
7	Approve Creation of EUR 20 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
8	Authorize Issuance of Participation Certificates Up to Aggregate Nominal Value of EUR 150 Million	For	For	Management
9	Elect Waltraud Hertreiter, Fritz-Juergen Heckmann, Rolf Huelstrunk, Max Kley, Adolf Merckle, Ludwig Merckle, Bernd Scheifele, and Eduard Schleicher to the Supervisory Board	For	For	Management

166

HEINEKEN NV

Ticker:		Security ID:	NL0000009157
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

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

HENDERSON LAND DEVELOPMENT CO. LTD.

Ticker:		Security ID:	HK0012000102
Meeting Date:	DEC 1, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve New Share Option Scheme of Henderson China Hldgs. Ltd.	For	Against	Management

HENDERSON LAND DEVELOPMENT CO. LTD.

Ticker:		Security ID:	HK0012000102
Meeting Date:	DEC 1, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Dividends of HK$0.45 Per Share	For	For	Management
3	Reelect Directors and Authorize Board to Fix Their Remuneration	For	For	Management
4	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5a	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
5b	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
5c	Authorize Reissuance of Repurchased Shares	For	For	Management
5d	Approve Increase in Authorized Capital if the Issuance of Shares Exceed HK$3.6 Billion	For	For	Management
6	Amend Articles Re: Technical Definitions	For	For	Management

167

HENNES & MAURITZ AB

Ticker:		Security ID:	SE0000106270
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:	APR 19, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting	For	Did Not Vote	Management
2	Receive President’s Report	None	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
8.1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
8.2	Approve Allocation of Income, Ordinary Dividends of SEK 2.90 Per Share, and Special Dividends of SEK 3.10 Per Share	For	Did Not Vote	Management
8.3	Approve Discharge of Board and President	For	Did Not Vote	Management
9	Determine Number of Members (7) and Deputy Members (2) of Board	For	Did Not Vote	Management
10	Approve Remuneration of Directors in the Aggregate Amount of SEK 3.9 Million; Approve Remuneration of Auditors	For	Did Not Vote	Management
11	Reelect Fred Andersson, Werner Hofer, Sussi Kvart, Bo Lindquist, Stig Nordfelt, Stefan Persson, and Melker Schoerling as Directors; Reelect Jan Jacobsen and Rolf Eriksen as Deputy Directors	For	Did Not Vote	Management
12.1A	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
12.1B	Authorize Chairman of Board to Appoint Four Representatives of Company’s Largest Shareholders to Serve on Nominating Committee	For	Did Not Vote	Management
12.2	Shareholder Proposal: Authorize Board to Establish a Remuneration Committee	Against	Did Not Vote	Shareholder
12.3	Shareholder Proposal: Authorize Board to Establish an Audit Committee	Against	Did Not Vote	Shareholder
13	Other Business (Non-Voting)	None	Did Not Vote	Management

168

HILTON GROUP PLC (FRM.LADBROKE GROUP PLC)

Ticker:		Security ID:	GB0005002547
Meeting Date:	MAY 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 5.52 Pence Per 10p Ordinary Share	For	For	Management
3.1	Re-elect Sir Ian Robinson as Director	For	For	Management
3.2	Re-elect Patrick Lupo as Director	For	For	Management
3.3	Elect Ian Livingston as Director	For	For	Management
3.4	Elect Christopher Rodrigues as Director	For	For	Management
4	Re-appoint Ernst and Young LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
5.1	Approve Remuneration Report	For	For	Management
5.2	Approve Donations by the Company to EU political Orgs. up to GBP 15,000 and to Incur EU Political Exp. up to GBP 15,000; and Approve Ladbrokes Ltd. to Make Donations to EU Political Orgs. up to GBP 35,000 and Incur EU Political Exp. up to GBP 35,000	For	For	Management
5.3	Approve Increase in Authorised Capital from GBP 216,000,000 to GBP 226,000,000 by the Creation of 100,000,000 Additional Ordinary Shares of 10 Pence Each	For	For	Management
5.4	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 52,700,000	For	For	Management
5.5	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to an Aggregate Nominal Amount of GBP 7,911,979 and up to Aggregate Nominal Amount of GBP 52,700,000 in Connection with a Rights Issue	For	For	Management
5.6	Authorise 158,239,580 Ordinary Shares for Market Purchase	For	For	Management

HIROSE ELECTRIC CO. LTD.

Ticker:		Security ID:	JP3799000009
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 9, Final JY 11, Special JY 3	For	For	Management
2	Amend Articles to: Authorize Appointment of Alternate Statutory Auditors - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management

169

HITACHI LTD.

Ticker:	HIT	Security ID:	JP3788600009
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

HOLCIM LTD. (FORMERLY HOLDERBANK FINANCIERE GLARUS)

Ticker:		Security ID:	CH0012214059
Meeting Date:	MAY 14, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles Re: Use of Electronic Means at Shareholder Meetings	For	For	Management
2	Accept Financial Statements and Statutory Reports	For	For	Management
3	Approve Discharge of Board and Senior Management	For	For	Management
4	Approve Allocation of Income and Dividends of CHF 1.15 per Share	For	For	Management
5	Approve Creation of CHF 57.5 Million Pool of Conditional Capital without Preemptive Rights	For	For	Management
6	Amend Articles Re: Establish a Classified Board	For	Against	Management
7.1.1	Elect Onno Ruding as Director	For	For	Management
7.1.2	Reelect Rolf Soiron, Markus Akermann, and Peter Kuepfer as Directors	For	For	Management
7.2	Ratify Ernst & Young AG as Auditors	For	For	Management

170

HOLMEN AB (FORMERLY MO OCH DOMSJOE)

Ticker:		Security ID:	SE0000109290
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	MAR 19, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	Did Not Vote	Management
2	Elect Chairman of Meeting	For	Did Not Vote	Management
3	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
4	Approve Agenda of Meeting	For	Did Not Vote	Management
5	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
6	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
7	Receive Financial Statements and Statutory Reports; Receive President’s Report	None	Did Not Vote	Management
8	Allow Questions	None	Did Not Vote	Management
9	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
10	Approve Allocation of Income, Ordinary Dividends of SEK 10 Per Share, and Special Dividends of SEK 30 Per Share	For	Did Not Vote	Management
11	Approve Discharge of Board and President	For	Did Not Vote	Management
12	Determine Number of Members (9) and Deputy Members (0) of Board	For	Did Not Vote	Management
13	Approve Remuneration of Directors in the Aggregate Amount of SEK 1.8 Million; Approve Remuneration of Auditors	For	Did Not Vote	Management
14	Reelect Fredrik Lundberg, Carl Kempe, Hans Larsson, Goeran Lundin, Arne Maartensson, and Bengt Pettersson as Directors; Elect Lilian Fossum, Ulf Lundahl, and Magnus Hall as New Directors	For	Did Not Vote	Management
15	Ratify KPMG Bohlins AB as Auditors	For	Did Not Vote	Management
16	Authorize Repurchase of Up to Ten Percent of Issued Share Capital; Authorize Reissuance of Repurchased Shares	For	Did Not Vote	Management
17	Shareholder Proposal: Establish a Nominating Committee; Elect Fredrik Lundberg, Carl Kempe, and Arne Maartensson as Members of Nominating Committee	For	Did Not Vote	Shareholder
18	Shareholder Proposal: Authorize Board to Establish a Remuneration Committee	None	Did Not Vote	Shareholder
19	Close Meeting	None	Did Not Vote	Management

171

HONDA MOTOR CO. LTD.

Ticker:	HMC	Security ID:	JP3854600008
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

172

HONG KONG AND CHINA GAS CO. LTD.

Ticker:	HORCY	Security ID:	HK0003000038
Meeting Date:	MAY 5, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend	For	For	Management
3	Reelect Directors	For	For	Management
4	Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5	Approve Remuneration of Each Director at HK$130,000 Per Annum and Approve an Additional HK$130,000 Per Annum for the Chairman	For	For	Management
6a	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
6b	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
6c	Authorize Reissuance of Repurchased Shares	For	For	Management
6d	Amend Articles Re: Voting at General Meetings, Nomination of Directors	For	For	Management

HONG KONG EXCHANGE

Ticker:		Security ID:	6267359
Meeting Date:	MAR 31, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$0.42 Per Share	For	For	Management
3	Approve Special Dividend of HK$1.68 Per Share	For	For	Management
4a	Elect John Estmond Strickland as Director	For	For	Management
4b	Elect Wong Sai Hung, Oscar as Director	For	For	Management
5	Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6a	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
6b	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
6c	Authorize Reissuance of Repurchased Shares	For	For	Management
6d	Approve Fees Amounting to HK$100,000 to be Given to Each of the Nonexecutive Directors	For	For	Management
6e	Approve Repricing of Options	For	Against	Management
6f	Amend Articles Re: Technical Definitions	For	For	Management

173

HONG LEONG BANK BHD.

Ticker:		Security ID:	MYL5819OO007
Meeting Date:	OCT 13, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended June 30, 2003	For	Did Not Vote	Management
2	Approve Final Dividend of 18 Percent Less Income Tax at 28 Percent and Special Tax Exempt Dividend of 11 Percent for the Year Ended June 30, 2003	For	Did Not Vote	Management
3	Approve Remuneration of Directors in the Amount of MYR391,616	For	Did Not Vote	Management
4a	Elect Hussein Awang as Director	For	Did Not Vote	Management
4b	Elect Tan Keok Yin as Director	For	Did Not Vote	Management
4c	Elect Chew Peng Cheng as Director	For	Did Not Vote	Management
4d	Elect Yvonne Chia as Director	For	Did Not Vote	Management
4e	Elect Mohamed Nazim Bin Abdul Razak as Director	For	Did Not Vote	Management
5	Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	Did Not Vote	Management
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights in Any Amount Up to Ten Percent of Issued Share Capital	For	Did Not Vote	Management

HONG LEONG BANK BHD.

Ticker:		Security ID:	MYL5819OO007
Meeting Date:	OCT 13, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Hong Leong Company (Malaysia) Bhd (HLCM) and Persons Connected with HLCM	For	Did Not Vote	Management
2	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Chew Peng Cheng and Persons Connected with Him	For	Did Not Vote	Management
3	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Zaki Bin Tun Azmi	For	Did Not Vote	Management

HONG LEONG CREDIT BERHAD

Ticker:		Security ID:	MYL1082OO006
Meeting Date:	OCT 13, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Hong Leong Company (Malaysia) Bhd (HLCM) and Persons Connected with HLCM	For	Did Not Vote	Management
2	Approve Implementation of Shareholders’ Mandate for Recurrent Related Party Transactions with Zaki bin Tun Azmi and the Person Cconnected with Him, Namely BIB Insurance Brokers Sdn Bhd	For	Did Not Vote	Management

174

HONG LEONG CREDIT BERHAD

Ticker:		Security ID:	MYL1082OO006
Meeting Date:	OCT 13, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended June 30, 2003	For	Did Not Vote	Management
2	Approve Remuneration of Directors in the Amount of MYR260,000	For	Did Not Vote	Management
3a	Elect Roger Tan Kim Hock as Director	For	Did Not Vote	Management
3b	Elect Chia Ah Kow as Director	For	Did Not Vote	Management
4	Elect Haji Kamarulzaman bin Mohamed as Director	For	Did Not Vote	Management
5	Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	For	Did Not Vote	Management
6a	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights in Any Amount Up to Ten Percent of Issued Share Capital	For	Did Not Vote	Management
6b	Amend Articles Re: Article 122 of the Articles of Association	For	Did Not Vote	Management

HONGKONG ELECTRIC HOLDINGS LTD.

Ticker:	HGKGY	Security ID:	6435327
Meeting Date:	MAY 13, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$1.13 Per Share	For	For	Management
3a	Reelect Francis Lee Lan-yee as Director	For	For	Management
3b	Reelect Frank J. Sixt as Director	For	For	Management
4	Reappoint KPMG as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5	Approve Remuneration of Audit Committee Members at an Amount of HK$50,000 Each	For	For	Management
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
7	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
8	Authorize Reissuance of Repurchased Shares	For	For	Management
9	Amend Articles Re: Change to Existing References and Definitions	For	For	Management

175

HOPEWELL HOLDINGS LTD.

Ticker:		Security ID:	HK0054007841
Meeting Date:	OCT 21, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Stock Option Plan Grants Under the Existing Share Option Scheme to Gordon Ying Sheung Wu and Eddie Ping Chang Ho	For	Against	Management
2	Approve New Share Option Scheme and Termination of Existing Share Option Scheme	For	Against	Management

HOPEWELL HOLDINGS LTD.

Ticker:		Security ID:	HK0054007841
Meeting Date:	OCT 21, 2003	Meeting Type:	Annual
Record Date:	OCT 13, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend	For	For	Management
3	Reelect Directors and Fix Their Remuneration	For	For	Management
4	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5a	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
5b	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
5c	Authorize Reissuance of Repurchased Shares	For	For	Management

HOUSE FOODS CORPORATION

Ticker:		Security ID:	JP3765400001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 19, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Reduce Board Size - Increase Number of Internal Auditors - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

176

HOYA CORP.

Ticker:		Security ID:	JP3837800006
Meeting Date:	JUN 18, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

HSBC HOLDINGS PLC

Ticker:		Security ID:	GB0005405286
Meeting Date:	MAY 28, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Re-elect Lord Butler as Director	For	For	Management
2b	Re-elect Baroness Lydia Dunn as Director	For	For	Management
2c	Elect Rona Fairhead as Director	For	For	Management
2d	Re-elect William Fung as Director	For	For	Management
2e	Elect Michael Geoghegan as Director	For	For	Management
2f	Re-elect Sharon Hintze as Director	For	For	Management
2g	Re-elect John Kemp-Welch as Director	For	For	Management
2h	Re-elect Sir Mark Moody-Stuart as Director	For	For	Management
2i	Re-elect Helmut Sohmen as Director	For	For	Management
3	Re-appoint KPMG Audit Plc as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
4	Approve Remuneration Report	For	For	Management
5	Authorise 1,099,900,000 Ordinary Shares for Market Purchase	For	For	Management
6	Auth. Issuance of Non-Cumulative Pref. Shares with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 100,000, USD 100,000 and EUR 100,000; and Auth. Issuance of Ord. Shares with Pre-emptive Rights up to Aggregate Nominal Amount of USD 1,099,900,000	For	For	Management
7	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of USD 274,975,000	For	For	Management
8	Approve Increase in Remuneration of Non-Executive Directors from GBP 35,000 to GBP 55,000 Per Annum	For	For	Management

177

HUADIAN POWER INTERNATIONAL (FORMER SHANDONG INT’L POWER DEV

Ticker:		Security ID:	6142780
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAY 28, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Report of the Directors	For	For	Management
2	Accept Report of the Supervisory Committee	For	For	Management
3	Accept Financial Statements and Auditors’ Reports	For	For	Management
4	Approve Final Dividend of RMB0.035 Per Share	For	For	Management
5	Approve KPMG, CPAs and KPMG Huazhen as International and Domestic Auditors Respectively and Authorize Board to Fix Their Remuneration	For	For	Management
1a	Approve Issuance to Individuals and Institutional Investors in the PRC and China Huadian Corp. of Renminbi Denominated Domestic Ordinary Shares with a Nominal Value of RMB1.0 Each (A Shares) and List Such A Shares on the Shanghai Stock Exchange	For	For	Management
1b	Approve Proposed Issue of A Shares to China Huadian Corp.	For	For	Management
2	Approve Intended Use of Proceeds Raised from the Proposed A Share Issue and Authorize Board to Finalize the Particulars of the Proposal	For	For	Management
3	Amend Articles Re: Proposed A Share Issue	For	For	Management
4	Amend Articles Re: Voting at General Meetings, Nomination of Directors, Material Interest of Directors in Contracts Entered into by the Company	For	For	Management

HUADIAN POWER INTERNATIONAL (FORMER SHANDONG INT’L POWER DEV

Ticker:		Security ID:	CN0009185819
Meeting Date:	OCT 22, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Appoint Ding Huiping, Zhao Jinghua, Hu Yuanmu and Wang Chuanshun as Independent Directors and Authorize Board to Fix Their Remuneration	For	For	Management
2	Approve the Establishment of a Strategic Committee, an Audit Committee and a Remuneration and Monitoring Committee	For	For	Management

178

HUANENG POWER INTERNATIONAL INC.

Ticker:	HNP	Security ID:	CN0009115410
Meeting Date:	JUL 22, 2003	Meeting Type:	Special
Record Date:	JUL 2, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Transfer Agreement Entered into by Huaneng Power International Inc and China Huaneng Group	For	For	Management
2.1	Approve Guarantee Agreements Entered into by China Huaneng Group and its Subsidiaries	For	For	Management
2.2	Approve Loan Borrowing Agreement Entered into by China Huaneng Group and Shanxi Huaneng Yushe Power Limited Liability Company	For	For	Management
2.3	Approve Deposit and Borrowing Agreements Entered Among Henan Huaneng Qinbei Power Generation Ltd, Shanxi Huaneng Yushe Power Ltd, China Huaneng Group Xindian Power Plant, and China Huaneng Finance Co	For	For	Management

HUANENG POWER INTERNATIONAL INC.

Ticker:	HNP	Security ID:	CN0009115410
Meeting Date:	JUN 15, 2004	Meeting Type:	Special
Record Date:	MAY 14, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Acquisition of 40 Percent Interest in Hebei Hanfeng Power Generation Limited Liability Co. and 90 Percent Interest in Jinggangshan Huaneng Power Generation Limited Liability Co. and Agreement for the Transfer of Huaneng Group Interest	For	For	Management
2	Approve Acquisition of Huaneng Hunan Yueyang Power Generation Limited Liability Co., Huaneng Chongqing Luohuang Power Generation Limited Liability Co. and the Entire Assets and Liabilities of Huaneng Intl. Power Devt. Corp. Yingkou Branch Co.	For	For	Management
3	Approve Guarantee Arrangements and Agreements Between Hebei Hanfeng Power Generation Limited Liability Co., Jinggangshan Huaneng Power Generation Limited Liability Co. and China Huaneng Group	For	Against	Management
4	Approve Entrusted Loan Arrangement Between Huaneng Hunan Yueyang Power Generation Limited Liability Co., Huaneng Intl. Power Devt. Corp. and China Huaneng Finance Co.	For	Against	Management
5	Approve Loan and Deposit Arrangement Between Jinggangshan Huaneng Power Generation Limited Liability Co. and China Huaneng Finance Co.	For	Against	Management

179

HUTCHISON WHAMPOA

Ticker:		Security ID:	6448068
Meeting Date:	MAY 20, 2004	Meeting Type:	Special
Record Date:	MAY 12, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles Re: Voting at Meetings, Nomination of Directors, Material Interest of Directors in Contracts Entered into by the Company	For	For	Management
1	Approve Share Option Scheme of Hutchison Harbour Ring Ltd.	For	Against	Management
2	Approve Share Option Scheme of Hutchison 3G UK Hldgs. Ltd.	For	Against	Management
3	Approve Share Option Scheme of Hutchison 3G Italia S.p.A.	For	Against	Management

HUTCHISON WHAMPOA

Ticker:		Security ID:	HK0013000119
Meeting Date:	MAY 20, 2004	Meeting Type:	Annual
Record Date:	MAY 12, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$1.22 Per Share	For	For	Management
3a	Elect Li Ka-shing as Director	For	For	Management
3b	Elect Frank John Sixt as Director	For	For	Management
3c	Elect George Colin Magnus as Director	For	For	Management
3d	Elect Michael David Kadoorie as Director	For	For	Management
4	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5a	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
5b	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
5c	Authorize Reissuance of Repurchased Shares	For	For	Management

180

HYSAN DEVELOPMENT CO. LTD.

Ticker:		Security ID:	HK0014000126
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend	For	For	Management
3	Reelect Directors	For	For	Management
4	Reappoint Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
6	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
7	Authorize Reissuance of Repurchased Shares	For	For	Management
8	Amend Articles of Association	For	For	Management

IBERDROLA S.A.

Ticker:		Security ID:	ES0144580018
Meeting Date:	APR 2, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements, Allocation of Income and Dividends, and Discharge Directors	For	For	Management
2	Adopt New Articles of Association	For	For	Management
3	Approve General Meeting Guidelines; Information on Board Guidelines	For	For	Management
4	Approve Merger by Absorption of Subsidiaries Iberdrola Gas S.A. and Star 21 Networks Espana, S.A.	For	For	Management
5	Authorize Issuance of Convertible Bonds and/or Warrants without Preemptive Rights with a Maximum Limit of EUR 1 Billion	For	For	Management
6	Authorize Issuance of Convertible Bonds and/or Warrants with Preemptive Rights with a Maximum Limit of EUR 1 Billion	For	For	Management
7	Authorize Issuance of Bonds/Debentures up to Aggregate Nominal Amount of EUR 1.2 Billion, or EUR 1.5 Billion in the Case of Debentures	For	For	Management
8	Authorize Repurchase of Shares and Reduce Capital Via Cancellation of Repurchased Shares	For	For	Management
9	Approve Listing of Shares on Secondary Exchanges in Spain or Overseas	For	For	Management
10	Approve Creation of Foundations	For	For	Management
11	Approve Auditors	For	For	Management
12	Ratify Appointment of Directors	For	For	Management
13	Authorize Board to Ratify and Execute Approved Resolutions	For	For	Management

181

ICI (IMPERIAL CHEMICAL INDUSTRIES PLC)

Ticker:	ICI	Security ID:	GB0004594973
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	To Confirm the First and Second Interim Dividends of 2.75 and 3.50 Pence Per Ordinary Share	For	For	Management
4	Re-elect John McAdam as Director	For	For	Management
5	Re-elect Lord Butler as Director	For	For	Management
6	Elect Peter Ellwood as Director	For	For	Management
7	Elect David Hamill as Director	For	For	Management
8	Elect Baroness Noakes as Director	For	For	Management
9	Reappoint KPMG Audit plc as Auditors of the Company	For	For	Management
10	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
11	Approve ICI Executive Share Option Plan 2004	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 208,799,624	For	For	Management
13	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 59,560,019	For	For	Management
14	Authorise 119,120,038 Ordinary Shares for Market Purchase	For	For	Management

ICICI BANK

Ticker:		Security ID:	INE090A01013
Meeting Date:	MAR 12, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
2	Approve Reappointment and Remuneration of L.D. Gupte, Joint Managing Director	For	For	Management

182

IMERYS (FORMERLY IMETAL)

Ticker:		Security ID:	FR0000120859
Meeting Date:	MAY 3, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
4	Approve Allocation of Income and Dividends of EUR 7.50 per Share	For	For	Management
5	Reelect Paul Desmarais, Jr. as Supervisory Board Member	For	For	Management
6	Reelect Jocelyn Lefebvre as Supervisory Board Member	For	Against	Management
7	Reelect Eric Le Moyne de Serigny as Supervisory Board Member	For	For	Management
8	Reelect Yves-Rene Nanot as Supervisory Board Member	For	For	Management
9	Reelect Edouard de Rothschild as Supervisory Board Member	For	For	Management
10	Appoint Ernst & Young Audit and Deloitte Touche Tohmatsu as Auditors and Jean-Marc Montserrat and BEAS as Alternate Auditors	For	For	Management
11	Approve Terms of Amended and Restated 2000 Employee Stock Purchase Plan Reserved for Employees of American Subsidiaries	For	For	Management
12	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
13	Approve Four-for-One Stock Split	For	For	Management
14	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 60 Million	For	For	Management
15	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 60 Million	For	Against	Management
16	Authorize Capitalization of Reserves of Up to EUR 60 Million for Bonus Issue or Increase in Par Value	For	For	Management
17	Set Global Limit for Capital Increase to Result from All Issuance Requests at EUR 90 Million	For	For	Management
18	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
19	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
20	Amend Article 24 in Accordance with 2003 Legal Changes Re: Related-Party Transactions	For	Against	Management
21	Authorize Filing of Required Documents/Other Formalities	For	For	Management

183

IMI PLC

Ticker:		Security ID:	GB0004579636
Meeting Date:	MAY 14, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 9.5 Pence Per Ordinary Share	For	For	Management
4	Elect T Gateley as Director	For	For	Management
5	Elect W Whitney as Director	For	For	Management
6	Elect D Nicholas as Director	For	For	Management
7	Re-elect T Slack as Director	For	For	Management
8	Re-elect G Allen as Director	For	For	Management
9	Re-appoint KPMG Audit Plc as Auditors of the Company	For	For	Management
10	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 29,330,000	For	For	Management
12	Approve IMI Sharesave Plan	For	For	Management
A	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 4,400,000	For	For	Management
B	Authorise 35,200,000 Ordinary Shares for Market Purchase	For	For	Management
C	Adopt New Articles of Association	For	For	Management

IMPERIAL TOBACCO GROUP PLC

Ticker:	ITY	Security ID:	GB0004544929
Meeting Date:	FEB 3, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 30 Pence Per Share	For	For	Management
4	Reelect Sipko Huismans as Director	For	For	Management
5	Reelect Iain Napier as Director	For	For	Management
6	Elect David Cresswell as Director	For	For	Management
7	Elect Frank Rogerson as Director	For	For	Management
8	Elect Bruce Davidson as Director	For	For	Management
9	Elect David Thursfield as Director	For	For	Management
10	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
11	Amend Articles of Association Re: Maximum Number of Directors	For	For	Management
12.1	Authorize the Company to Make EU Political Donations up to GBP 100,000	For	For	Management
12.2	Authorize Imperial Tobacco Ltd. to Make EU Political Donations up to GBP 100,000	For	For	Management
12.3	Authorize Imperial Tobacco International Ltd. to Make EU Political Donations up to GBP 100,000	For	For	Management
12.4	Authorize Van Nelle Tabak Nederland B.V. to Make EU Political Donations up to GBP 100,000	For	For	Management
12.5	Authorize John Player and Sons Ltd. to Make EU Political Donations up to GBP 100,000	For	For	Management
12.6	Authorize Reemtsma Cigarettenfabriken GmbH to Make EU Political Donations up to GBP 100,000	For	For	Management
12.7	Authorize Compagnie Independante des Tabacs S.A. to Make EU Political Donations up to GBP 100,000	For	For	Management
13	Authorize the Board to Grant Options to Employees Resident in France Under the Imperial Tobacco Group International Sharesave Plan for a Further 38 Months	For	For	Management
14	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 24,300,000	For	For	Management
15	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 3,645,000	For	For	Management
16	Authorize 72,900,000 Shares for Share Repurchase Program	For	For	Management

184

INDEPENDENT NEWS & MEDIA PLC (FRM. INDEP.NEWSPAPERS)

Ticker:		Security ID:	IE0004614818
Meeting Date:	JUN 28, 2004	Meeting Type:	Annual
Record Date:	JUN 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and Adopt Financial Statements and Reports of the Directors and Auditors	For	For	Management
2	Declare Final Dividend	For	For	Management
3.1	Reelect L.P. Healy as Director	For	For	Management
3.2	Reelect P.M Cosgrove as Director	For	For	Management
3.3	Reelect V.C. Crowley as Director	For	For	Management
3.4	Reelect I.G. Falton as Director	For	For	Management
3.5	Reelect Sen. M.N. Haynes as Director	For	For	Management
3.6	Reelect G.K. O’Reilly as Director	For	For	Management
3.7	Reelect B.E. Somers as Director	For	For	Management
3.8	Reelect Baroness M. Jay as Director	For	For	Management
3.9	Reelect F. Murray as Director	For	For	Management
3.10	Reelect B. Hillary as Director	For	For	Management
4	Approve Remuneration of Directors	For	For	Management
5	Authorize Board to Fix Remuneration of Auditors	For	For	Management
6	Consider and Authorize Company to Convene Next AGM at any Location Outside the State	None	None	Management

INDEPENDENT NEWS & MEDIA PLC (FRM. INDEP.NEWSPAPERS)

Ticker:		Security ID:	IE0004614818
Meeting Date:	JUN 28, 2004	Meeting Type:	Special
Record Date:	JUN 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Authorize Share Repurchase Program	For	For	Management
2	Approve Issuance of Equity or Equity-Linked Securities for Cash without Preemptive Rights	For	For	Management

185

INDRA SISTEMAS SA

Ticker:		Security ID:	ES0118594417
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports; Approve Allocation of Income	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Merger Balance Sheet; Approve Merger by Absorption of Sistemas Integrales Indraseg S.L.	For	For	Management
5	Amend Articles 14 Re: Remote Voting, Representation and Voting Rights	For	For	Management
6	Approve Changes to General Meeting Guidelines	For	For	Management
7	Accept Report on Changes to the Board Guidelines	For	For	Management
8	Fix Number of Directors; Elect Directors	For	For	Management
9	Approve Remuneration of Directors	For	For	Management
10	Approve Auditors	For	For	Management
11	Authorize Share Repurchase Program	For	For	Management
12	Allow Questions	For	For	Management
13	Authorize Filing of Required Documents/Other Formalities	For	For	Management

INFINEON TECHNOLOGIES AG

Ticker:		Security ID:	DE0006231004
Meeting Date:	JAN 20, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	Did Not Vote	Management
2	Approve Discharge of Management Board for Fiscal 2002/2003	For	Did Not Vote	Management
3	Approve Discharge of Supervisory Board for Fiscal 2002/2003	For	Did Not Vote	Management
4	Ratify KPMG as Auditors	For	Did Not Vote	Management
5	Amend Articles Re: Amend 2002 Conditional Capital Issuance by Increasing the Pool of Capital by an Additional EUR 55 Million	For	Did Not Vote	Management
6	Approve Creation of EUR 30 Million Pool of Conditional Capital without Preemptive Rights	For	Did Not Vote	Management
7	Amend Articles Re: Amend 2002 Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 4 Billion with Preemptive Rights	For	Did Not Vote	Management

186

ING GROEP NV

Ticker:	ING	Security ID:	NL0000303600
Meeting Date:	APR 27, 2004	Meeting Type:	Annual
Record Date:	APR 20, 2004

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

187

INSURANCE AUSTRALIA GROUP LTD(FORMERLY NRMA INSURANCE GROUP

Ticker:		Security ID:	AU000000IAG3
Meeting Date:	NOV 12, 2003	Meeting Type:	Annual
Record Date:	NOV 10, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Dividend Reinvestment Plan	For	For	Management
2a	Ratify Past Issuance of 16,239,756 Shares at AUD 2.79 Per Share Pursuant to the Dividend Reinvestment Plan	For	For	Management
2b	Ratify Past Issuance of 10,366,388 Shares at AUD 2.79 Per Share Pursuant to the Dividend Reinvestment Plan	For	For	Management
3	Ratify Past Issuance of 2 Million Reset Preference Shares at AUD 100 Per Share	For	For	Management
4	Approve Grant of Performance Award Rights Of Up to 1.5 Million Rights to Michael Hawker, Chief Executive Officer	For	For	Management
5	Amend Constitution Re: Regulatory Changes	For	Against	Management
6	Amend Constitution Re: Adoption of New Preference Share Terms	For	Against	Management
7	Elect Neil Hamilton as Director	For	For	Management
8	Elect James Strong as Director	For	For	Management

INTERCONTINENTAL HOTELS GROUP PLC

Ticker:		Security ID:	GB0032612805
Meeting Date:	JUN 1, 2004	Meeting Type:	Annual
Record Date:

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

188

INVENSYS PLC (FORMELRY BTR SIEBE PLC)

Ticker:		Security ID:	GB0008070418
Meeting Date:	JUL 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3a	Re-elect Simon Robertson as Director	For	For	Management
3b	Elect Ulf Henriksson as Director	For	For	Management
4	Re-appoint Ernst and Young LLP as Auditors of the Company	For	For	Management
5	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
6	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 18,767,500	For	For	Management
7	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2,843,500	For	For	Management
8	Authorise 568,714,383 Ordinary Shares for Market Purchase	For	For	Management

INVENSYS PLC (FORMELRY BTR SIEBE PLC)

Ticker:		Security ID:	GB0008070418
Meeting Date:	DEC 9, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Sale of the Metering Systems Division of Invensys plc	For	For	Management

INVENSYS PLC (FORMELRY BTR SIEBE PLC)

Ticker:		Security ID:	GB0008070418
Meeting Date:	MAY 14, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Disposal of the Powerware Business of Invensys plc to the Eaton Corporation	For	For	Management

189

INVENSYS PLC (FORMELRY BTR SIEBE PLC)

Ticker:		Security ID:	GB0008070418
Meeting Date:	MAR 2, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Sub-Division of Each Issued Ordinary Share of 25 Pence Each into 1 Ordinary Share of 1 Pence and 1 Deferred Share of 24 Pence; and Sub-Division of Each Authorised but Unissued Ordinary Share of 1 Pence Each into 25 Ordinary Shares of 1 Pence Each	For	For	Management
2	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to GBP 21,873,630 Pursuant to Placing and Open Offer and Otherwise up to Aggregate Nominal Amount of GBP 18,957,146	For	For	Management
3	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to GBP 21,873,630 Pursuant to Placing and Open Offer and Otherwise up to Aggregate Nominal Amount of GBP 2,843,572	For	For	Management

INVESTA PROPERTY GROUP (FORMERLY WESTPAC PROPERTY TRUST)

Ticker:		Security ID:	AU000000IPG1
Meeting Date:	OCT 9, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect S Mays as Director	For	For	Management
2	Approve Increase in the Remuneration of Directors by AUD400,000 to a Total of AUD1 Million	For	For	Management

IRISH LIFE AND PERMANENT PLC (FRM. IRISH PERMANENT)

Ticker:		Security ID:	IE0004678656
Meeting Date:	MAY 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and Consider Financial Statements and Statutory Reports	For	For	Management
2	Declare a Final Dividend	For	For	Management
3a	Reelect Denis Casey as a Director	For	For	Management
3b	Reelect Kieran McGowan as a Director	For	For	Management
3c	Reelect Kevin Murphy as a Director	For	For	Management
3d	Reelect Finbar Sheehan as a Director	For	For	Management
3e	Reelect David Went as a Director	For	For	Management
4	Authorize Board to Fix Remuneration of Auditors	For	For	Management
5	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
6	Authorize Board to Allot Equity Securities for Cash without Preemptive Rights up to Aggregate Nominal Amount of Five Percent of Issued and Outstanding Ordinary Share Capital	For	For	Management

190

ISETAN CO. LTD.

Ticker:		Security ID:	JP3140000005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5, Final JY 5, Special JY 0	For	For	Management
2.1	Elect Director	For	For	Management
2.2	Elect Director	For	For	Management
2.3	Elect Director	For	For	Management
2.4	Elect Director	For	For	Management
2.5	Elect Director	For	For	Management
2.6	Elect Director	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Executive Stock Option Plan	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management

ISHIHARA SANGYO KAISHA LTD.

Ticker:		Security ID:	JP3136800004
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Appointment of Alternate Statutory Auditors - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Appoint Alternate Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

191

ISHIKAWAJIMA-HARIMA HEAVY IND. CO.

Ticker:		Security ID:	JP3134800006
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Handling of Net Loss, with No Dividends	For	For	Management
2	Approve Reduction in Retained Profit Reserves	For	For	Management
3	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

ISS A/S (FORMERLY ISS INTERNATIONAL SERVICE)

Ticker:		Security ID:	DK0010267046
Meeting Date:	MAR 31, 2004	Meeting Type:	Annual
Record Date:	MAR 11, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Report of Board	None	None	Management
2	Accept Financial Statements and Statutory Reports	For	For	Management
3	Approve Discharge of Management and Board	For	For	Management
4	Approve Allocation of Income and Dividends of DKK 4 Per Share	For	For	Management
5	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
6.1	Amend Articles Re: Delete Paragraph Due to Abolishment of Stock Options as Part of Board Remuneration	For	For	Management
6.2	Approve Remuneration of Directors in the Amount of DKK 300,000 Per Director	For	For	Management
7	Approve Issuance of 400,000 Shares for Employee Stock Purchase Plan	For	For	Management
8	Reelect Tom Knutzen and Sven Riskaer as Directors; Elect Karin Verland as New Director	For	For	Management
9	Ratify KPMG C. Jespersen and Deloitte as Auditors	For	For	Management
10	Other Business (Non-Voting)	None	None	Management

192

ITO-YOKADO CO. LTD.

Ticker:	ITOYO	Security ID:	JP3142800006
Meeting Date:	MAY 27, 2004	Meeting Type:	Annual
Record Date:	FEB 29, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 16, Final JY 18, Special JY 0	For	For	Management
2	Amend Articles to: Change Location of Head Office - Authorize Share Repurchases at Board’s Discretion - Limit Directors’ and Internal Auditors’ Legal Liability	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

ITOCHU CORP.

Ticker:		Security ID:	JP3143600009
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Handling of Net Loss, with No Dividends	For	For	Management
2	Amend Articles to: Expand Business Lines	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

193

ITV PLC

Ticker:		Security ID:	3398649
Meeting Date:	APR 19, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Sir Peter Burt as Director	For	For	Management
2	Elect David Chance as Director	For	For	Management
3	Elect James Crosby as Director	For	For	Management
4	Elect John McGrath as Director	For	For	Management
5	Elect Brian Pitman as Director	For	For	Management
6	Elect George Russell as Director	For	For	Management
7	Elect Etienne de Villiers as Director	For	For	Management
8	Elect Charles Allen as Director	For	For	Management
9	Elect Henry Staunton as Director	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 140,000,000	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 21,000,000	For	For	Management
12	Authorise EU Political Donations up to Aggregate Nominal Amount of GBP 150,000	For	For	Management
13	Authorize 408 Million Ordinary Shares and 12 Million Convertible Shares for Market Purchase	For	For	Management
14	Approve Performance Share Plan	For	For	Management

J SAINSBURY PLC

Ticker:		Security ID:	GB0007676405
Meeting Date:	JUL 12, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 11.36 Pence Per Ordinary Share	For	For	Management
4	Elect Justin King as Director	For	For	Management
5	Re-elect Jamie Dundas as Director	For	For	Management
6	Re-elect Lord Levene of Portsoken as Director	For	For	Management
7	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
8	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 162,000,000	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 24,288,000	For	For	Management
10	Authorise 194,300,000 Ordinary Shares for Market Purchase	For	For	Management

194

J SAINSBURY PLC

Ticker:		Security ID:	GB0007676405
Meeting Date:	JUL 12, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the B Share Scheme Through Increase in Authorised Share Capital from GBP 700,000,000 to GBP 1,453,000,000 by the Creation of 2,100,000,000 B Shares and Approve Capital Reorganisation	For	For	Management
2	Authorise 170,000,000 New Shares for Market Purchase	For	For	Management

J SAINSBURY PLC

Ticker:		Security ID:	GB0007676405
Meeting Date:	JUL 23, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 11.36 Pence Per Share	For	For	Management
4	Reelect George Bull as Director	For	For	Management
5	Reelect Peter Davis as Director	For	For	Management
6	Reelect Roger Matthews as Director	For	For	Management
7	Reelect Keith Butler-Wheelhouse as Director	For	For	Management
8	Reelect June de Moller as Director	For	For	Management
9	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
10	Approve Increase in Authorized Capital to GBP 700,000,000	For	For	Management
11	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 161,000,000	For	For	Management
12	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 24,218,000	For	For	Management
13	Authorize 193,750,000 Shares for Share Repurchase Program	For	For	Management

195

JAMES HARDIE INDUSTRIES NV

Ticker:		Security ID:	AU000000JHX1
Meeting Date:	AUG 15, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2.1	Reelect M. Hellicar to Supervisory and Joint Boards	For	For	Management
2.2	Reelect M. Gillfillan to Supervisory and Joint Boards	For	For	Management
2.3	Elect P. Cameron to Supervisory and Joint Boards	For	For	Management
2.4	Elect D.G. McGauchie to Supervisory and Joint Boards	For	For	Management
3	Authorize Cameron and McGauchie to Participate in Supervisory Board Stock Purchase Plan	For	For	Management
4	Elect F. Zwinkels to Management Board	For	For	Management
5	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
6	Authorize US$48.4 Million Capitalization of Reserves for an Increase in Par Value to Allow for Return of Capital to Shareholders (Item 7)	For	For	Management
7	Approve Reduction in Capital via Lowering of Par Value by US$0.15 Per Share; Return Capital in the Aggregate Amount of US$48.4 to Shareholders	For	For	Management
8	Authorize Members of Joint and Management Boards and De Brauw Blackstone Westbroek N.V. to Make Editorial Changes to Adopted Resolutions in Connection with Registration with Dutch Authorities	For	For	Management

JAPAN AIRLINES SYSTEM CORP.

Ticker:		Security ID:	JP3705400004
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, with No Dividends	For	For	Management
2	Amend Articles to: Change Company Name to Japan Airlines Corp. - Create Position of Group CEO - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
4	Approve Retirement Bonuses for Directors	For	For	Management

196

JAPAN TOBACCO INC

Ticker:		Security ID:	JP3726800000
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5000, Final JY 5000, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

JARDINE CYCLE & CARRIAGE LTD(FORMERLY CYCLE & CARRIAGE LTD)

Ticker:		Security ID:	SG1B51001017
Meeting Date:	NOV 27, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Change in Company Name to Jardine Cycle & Carriage Ltd.	For	For	Management

JFE HOLDINGS INC.

Ticker:		Security ID:	JP3386030005
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 30, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management

197

JGC CORP.

Ticker:		Security ID:	JP3667600005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 8, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Board Size - Authorize Share Repurchases at Board’s Discretion - Create Board of Executive Officers	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management
6	Approve Payments to Continuing Directors and Statutory Auditors in Connection with Abolition of Retirement Bonus System	For	For	Management

JIANGSU EXPRESSWAY

Ticker:		Security ID:	CN0009076356
Meeting Date:	MAR 23, 2004	Meeting Type:	Special
Record Date:	FEB 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Deloitte Touche Tohmatsu as Auditors and Approve RMB1.18 Million Per Annum as Remuneration	For	For	Management
2	Amend Articles Re: Recognized Clearing House, Election of Directors, Composition of Supervisory Committee, Approval for the Granting of Any Guarantee of Liabilities	For	For	Management

JIANGSU EXPRESSWAY

Ticker:		Security ID:	6005504
Meeting Date:	JUN 28, 2004	Meeting Type:	Annual
Record Date:	MAY 28, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Directors’ Report	For	For	Management
2	Accept Supervisors’ Report	For	For	Management
3	Accept Financial Statements and Statutory Reports	For	For	Management
4	Approve Allocation of Income and Final Dividend of RMB0.145 Per Share	For	For	Management
5	Reappoint Deloitte Touche Tohmatsu CPAs Ltd. and Deloitte Touche Tohmatsu as PRC and International Auditors and Fix Their Remuneration at RMB1.2 Million	For	For	Management
6	Elect Xie Jia Quan as Director for a Term Commencing on the Date of this Meeting Up to the Date of the Annual Meeting for the Year 2006	For	For	Management
7	Approve Investment of RMB10.5 Billion in the Widening of the Existing Four-Lane Dual Carriageway of the Jiangsu Section of Shanghai-Nanjing Expressway into an Eight-Lane Dual Expressway	For	For	Management
8	Approve Proposal to Pay RMB6.4 Million to Employees Qualified Under the Cash Housing Allowance Scheme	For	For	Management
9	Amend Articles Re: Voting at General Meetings and Nomination of Directors	For	For	Management

198

JIANGXI COPPER

Ticker:		Security ID:	CN0009070615
Meeting Date:	JUL 29, 2004	Meeting Type:	Special
Record Date:	JUN 29, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve New Processing Agreement Entered into Between the Company and Jiangxi Copper Corporation	For	For	Management
2	Approve the Copper Cathode Supply Agreement Entered into Between the Company, Jiangxi Copper Products Co. Ltd. and Jiangxi Copper Corporation	For	For	Management
3	Amend Articles Re: Voting at General Meetings, Material Interest of Directors in Contracts Entered into by the Company, Nomination of Directors	For	For	Management

JIANGXI COPPER

Ticker:		Security ID:	CN0009070615
Meeting Date:	JAN 15, 2004	Meeting Type:	Special
Record Date:	DEC 16, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Blister Copper Purchase Agreement Between Jiangxi Copper Co. Ltd. (the Company) and Jiangxi Copper Corp. (JCC)	For	For	Management
2	Approve Blister (Scrap) Copper Processing Agreement Between the Company and JCC	For	For	Management
3	Approve Consolidated Supply Agreement Between the Company and Jiangxi Copper Products Co. Ltd.	For	For	Management
4	Approve Consolidated Supply and Service Agreement Between JCC and Jiangxi Copper Products Co. Ltd.	For	For	Management
5	Approve Capital Increase Agreement Between the Company, JCC and JCC Copper Products Co. Ltd.	For	For	Management
6	Amend Corporate Purpose	For	For	Management
7	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management

199

JOHNSON ELECTRIC HOLDINGS LTD.

Ticker:		Security ID:	BMG5150J1403
Meeting Date:	JUL 20, 2004	Meeting Type:	Annual
Record Date:	JUL 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports for the Year Ended Mar. 31, 2004	For	For	Management
2	Approve Final Dividend for the Year Ended Mar. 31, 2004	For	For	Management
3a	Reelect Peter Wang Kin Chung as Non-Executive Director	For	For	Management
3b	Reelect Peter Stuart Allenby Edwards as Independent Non-Executive Director	For	For	Management
3c	Reelect Patrick Blackwell Paul as Independent Non-Executive Director	For	For	Management
3d	Reelect Michael John Enright as Independent Non-Executive Director	For	For	Management
4	Fix Directors’ Remuneration	For	For	Management
5	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Fix Maximum Number of Directors at 15 and Authorize Board to Appoint Additional Directors Up to Such Maximum Number	For	For	Management
7	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
8	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
9	Authorize Reissuance of Repurchased Shares	For	For	Management
10	Amend Bylaws Re: Voting at General Meetings, Material Interest of Directors in Contracts Entered into by the Company, Nomination of Directors	For	For	Management

JOHNSON ELECTRIC HOLDINGS LTD.

Ticker:		Security ID:	BMG5150J1403
Meeting Date:	JUL 21, 2003	Meeting Type:	Annual
Record Date:	JUL 16, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of HK$0.09 Per Share	For	For	Management
3	Reelect Directors	For	For	Management
4	Approve Remuneration of Directors	For	For	Management
5	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
6	Fix Maximum Board Size at 15 and Authorize Directors to Elect or Appoint Additional Directors Up to the Maximum Number	For	For	Management
7a	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
7b	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
7c	Authorize Reissuance of Repurchased Shares	For	For	Management

200

JOHNSON MATTHEY PLC

Ticker:		Security ID:	GB0004764071
Meeting Date:	JUL 20, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 18.2 Pence Per Ordinary Share	For	For	Management
4	Elect Pelham Hawker as Director	For	For	Management
5	Elect Larry Pentz as Director	For	For	Management
6	Re-elect Mike Dearden as Director	For	For	Management
7	Re-elect Charles Mackay as Director	For	For	Management
8	Re-elect John Sheldrick as Director	For	For	Management
9	Re-elect Ian Strachan as Director	For	For	Management
10	Re-appoint KPMG Audit Plc as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
11	Authorise EU Political Donations up to Aggregate Nominal Amount of GBP 50,000 and to Incur EU Political Expenditure of up to GBP 50,000	For	For	Management
12	Amend the Johnson Matthey Long-Term Incentive Plan	For	For	Management
13	Amend the Johnson Matthey 2001 Share Option Scheme	For	For	Management
14	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 70,939,744	For	For	Management
15	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 11,030,277	For	For	Management
16	Authorise 22,061,026 Ordinary Shares for Market Purchase	For	For	Management

201

JOHNSON MATTHEY PLC

Ticker:		Security ID:	GB0004764071
Meeting Date:	JUL 16, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 17.7 Pence Per Share	For	For	Management
4	Elect A Thomson as Director	For	For	Management
5	Elect R Walvis as Director	For	For	Management
6	Reelect H Miles as Director	For	For	Management
7	Reelect N Carson as Director	For	For	Management
8	Reelect D Morgan as Director	For	For	Management
9	Approve KPMG Audit Plc as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 72,508,907	For	For	Management
11	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 10,974,555	For	For	Management
12	Authorize 21,949,109 Shares for Share Repurchase Program	For	For	Management
13	Adopt New Articles of Association	For	For	Management

JSR CORP.

Ticker:		Security ID:	JP3385980002
Meeting Date:	JUN 18, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4, Final JY 5, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Share Trading Unit from 1000 to 100 - Reduce Directors’ Term in Office - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

202

KAJIMA CORP.

Ticker:		Security ID:	JP3210200006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 2.5, Final JY 2.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
3.18	Elect Director	For	For	Management
3.19	Elect Director	For	For	Management
3.20	Elect Director	For	For	Management
3.21	Elect Director	For	For	Management
3.22	Elect Director	For	For	Management
3.23	Elect Director	For	For	Management
3.24	Elect Director	For	For	Management
3.25	Elect Director	For	For	Management
3.26	Elect Director	For	For	Management
3.27	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management

KAKEN PHARMACEUTICAL CO. LTD.

Ticker:		Security ID:	JP3207000005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4.5, Final JY 5.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Appointment of Alternate Statutory Auditors - Authorize Share Repurchases at Board’s Discretion	For	For	Management

203

KAMIGUMI CO. LTD.

Ticker:		Security ID:	JP3219000001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 8.5, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonus for Director	For	For	Management

KANEKA CORP.

Ticker:		Security ID:	JP3215800008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4, Final JY 4, Special JY 0	For	For	Management
2	Amend Articles to: Change Japanese Company Name - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditors	For	For	Management

204

KANSAI ELECTRIC POWER CO. INC.

Ticker:		Security ID:	JP3228600007
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 25, Final JY 25, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonus for Director and Special Bonus for Family of Deceased Statutory Auditor	For	For	Management
5	Amend Articles to Restrict Board Size to 15 Directors	Against	Against	Shareholder
6	Amend Articles to Require Appointment of an Environmental Group Representative as a Statutory Auditor	Against	Against	Shareholder
7	Amend Articles to Declare Company’s Commitment to Fight Global Warming	Against	Against	Shareholder
8	Amend Articles to Declare Company’s Commitment to Switching from Nuclear Power to Natural Energy	Against	Against	Shareholder
9	Amend Articles to Require Additional Disclosure of Company’s Corporate Ethics Policies	Against	Against	Shareholder
10	Amend Articles to Require Company to Prioritize Retention of Skilled Employees	Against	Against	Shareholder
11	Amend Articles to Require Company to Refrain from Cutting Maintenance and Improvement Expenditures Due to Economic Downturns	Against	Against	Shareholder
12	Approve Alternate Income Allocation, with Final Dividend of JY 35 per Share and Allocation of Funds to Reserve for Withdrawal from Nuclear Fuel Reprocessing	Against	Against	Shareholder
13	Remove Company Chairman from Board	Against	Against	Shareholder
14	Amend Articles to Restrict Board Size to 15 Directors and Require One Director to Have Responsibility for Workers Injured by Nuclear Radiation - Cut Directors’ Term to One Year	Against	Against	Shareholder
15	Amend Articles to Require Establishment of Compensation Committee Consisting Entirely of Outside Directors - Require Disclosure of Individual Director Compensation - Abolish Payment of Retirement Bonuses	Against	Against	Shareholder
16	Amend Articles to Require Establishment of Committee to Promote Abandonment of Nuclear Power Generation	Against	Against	Shareholder
17	Amend Articles to Require Establishment of Committee on Monetary Donations	Against	Against	Shareholder
18	Amend Articles to Require Establishment of Committee for Consultation with Local Residents on Abandonment of Major Projects	Against	Against	Shareholder
19	Amend Articles to Require Complete Abandonment of Nuclear Fuel Reprocessing	Against	Against	Shareholder
20	Amend Articles to Prohibit Creation, Use or Storage of Plutonium Fuels	Against	Against	Shareholder

205

KAO CORP.

Ticker:		Security ID:	JP3205800000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 16, Final JY 16, Special JY 0	For	For	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management
4.11	Elect Director	For	For	Management
4.12	Elect Director	For	For	Management
4.13	Elect Director	For	For	Management
4.14	Elect Director	For	For	Management
4.15	Elect Director	For	For	Management
5	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Executive Stock Option Plan	For	For	Management
7	Approve Retirement Bonuses for Directors	For	For	Management

KARSTADTQUELLE AG (FORMERLY KARSTADT AG)

Ticker:		Security ID:	DE0006275001
Meeting Date:	MAY 4, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income and Dividends of EUR 0.71 per Share	For	For	Management
3	Approve Discharge of Management Board	For	For	Management
4	Approve Discharge of Supervisory Board	For	For	Management
5	Ratify BDO Deutsche Warentreuhand AG as Auditors	For	For	Management
6	Elect Thomas Middelhoff and Hans Reischl to the Supervisory Board; Elect Jochen Appell and Juergen Than as Substitute Supervisory Board Members	For	For	Management
7	Authorize Reissuance of Repurchased Shares	For	For	Management

206

KASIKORNBANK PCL (FORMERLY THAI FARMERS BANK)

Ticker:		Security ID:	TH0016010009
Meeting Date:	APR 2, 2004	Meeting Type:	Annual
Record Date:	MAR 12, 2004

#	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 Reports	For	For	Management
4	Approve Compensation of the Accumulated Losses of the Company	For	For	Management
5	Elect Directors	For	For	Management
6	Amend Articles of Association Re: Board of Directors	For	For	Management
7	Approve Names and Number of Directors Who Have Signing Authority	For	For	Management
8	Approve Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Amend Memorandum and Articles of Association	For	For	Management
10	Approve Reduction in Registered Capital to Baht 24 Billion	For	For	Management
11	Approve Increase in Registered Capital to Baht 30.5 Billion	For	For	Management
12	Other Business	For	Against	Management

KAWASAKI HEAVY INDUSTRY LTD.

Ticker:		Security ID:	JP3224200000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

207

KAWASAKI KISEN KAISHA LTD

Ticker:		Security ID:	JP3223800008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5, Final JY 5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Executive Stock Option Plan	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
4.10	Elect Director	For	For	Management
4.11	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Statutory Auditors	For	For	Management

KBC BANK AND INSURANCE HOLDING COMPANY

Ticker:		Security ID:	BE0003565737
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Directors’ Report	None	None	Management
2	Receive Auditors’ Report	None	None	Management
3	Approve Financial Statements and Allocation of Income and Gross Dividend of EUR 1.64 per Share	For	For	Management
4	Approve Discharge of Directors	For	For	Management
5	Approve Discharge of Auditors	For	For	Management
6.1	Reelect Willy Duron, Emile Celis, Christin Defrancq, Rik Donckels, Frans Florquin, Xavier Lienart, Paul Peeters, Patrick Vanden Avenne, Germain Vantieghem, and Marc Wittemans as Directors	For	For	Management
6.2	Reelect Willy Breesch and Alfons Wouters as Directors and Confirm Them as Independent Directors	For	Against	Management
6.3	Confirm Jozef Cornu and Herwig Langohr as Independent Directors	For	Against	Management
6.4	Reappoint Ernst & Young as Auditors and Fix Their Remuneration	For	For	Management
7	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
8	Transact Other Business	None	None	Management

208

KBC BANK AND INSURANCE HOLDING COMPANY

Ticker:		Security ID:	BE0003565737
Meeting Date:	APR 29, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Directors’ Special Report Regarding Plans to Increase Share Capital within the Framework of Authorized Capital	None	None	Management
2	Renew Authorization to Increase Share Capital within the Framework of Authorized Capital up to EUR 200 Million for Period of Five Years	For	Against	Management
3	Amend Articles Re: Delete Transitional Provision Concerning Bond Loan	For	For	Management
4	Authorize Board to Repurchase Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	Against	Management
5	Amend Articles Re: Independent Directors	For	For	Management
6	Amend Articles Re: Board’s Executive Committee	For	For	Management
7	Amend Articles Re: Allocation of Profit	For	For	Management
8	Renew Authorization to Increase Share Capital Through Issuance of Warrants/Convertible Bonds with or without Preemptive Rights within the Framework of Authorized Capital up to EUR 200 Million for Period of Five Years	For	Against	Management
9	Authorize Implementation of Approved Resolutions and Filing of Required Documents/Formalities at Trade Registry	For	For	Management

KEIHIN ELECTRIC RAILWAY CO. LTD.

Ticker:		Security ID:	JP3280200001
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 2.5, Final JY 2.5, Special JY 0	For	For	Management
2	Approve Reducion in Capital Reserves	For	Against	Management
3	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Special Bonus for Family of Deceased Statutory Auditor and Approve Retirement Bonus for Statutory Auditor	For	For	Management

209

KEIO ELECTRIC RAILWAY

Ticker:		Security ID:	JP3277800003
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Authorize Share Repurchase Program	For	For	Management
3	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
4.4	Elect Director	For	For	Management
4.5	Elect Director	For	For	Management
4.6	Elect Director	For	For	Management
4.7	Elect Director	For	For	Management
4.8	Elect Director	For	For	Management
4.9	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Retirement Bonuses for Directors	For	For	Management
7	Approve Retirement Bonus for Statutory Auditor	For	For	Management

KELDA GROUP (FORMERLY YORKSHIRE WATER PLC)

Ticker:		Security ID:	GB0009877944
Meeting Date:	JUL 29, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 18.73 Pence Per Ordinary Share	For	For	Management
4	Re-elect Ken Jackson as Director	For	For	Management
5	Re-elect David Salkeld as Director	For	For	Management
6	Re-appoint Ernst and Young LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
7	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 19,459,201	For	For	Management
8	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2,921,802	For	For	Management
9	Authorise 37,566,039 Ordinary Shares for Market Purchase	For	For	Management

210

KELDA GROUP (FORMERLY YORKSHIRE WATER PLC)

Ticker:		Security ID:	GB0009877944
Meeting Date:	JUL 31, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 18.19 Pence Per Share	For	For	Management
4	Reelect Derek Roberts as Director	For	For	Management
5	Elect Richard Schmidt as Director	For	For	Management
6	Elect Martin Towers as Director	For	For	Management
7	Approve Ernst and Young LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
8	Authorize 39,298,331 Shares for Share Repurchase Program	For	For	Management
9	Approve Kelda Group Long Term Incentive Plan 2003	For	For	Management
10	Elect Christopher Fisher as Director	For	For	Management

KEPPEL CORPORATION LTD

Ticker:		Security ID:	SG1E04001251
Meeting Date:	APR 28, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Capital Distribution to Shareholders of SGD 0.18 in Cash for Every Share Held	For	For	Management

KEPPEL CORPORATION LTD

Ticker:		Security ID:	SG1E04001251
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Adopt Financial Statements and Directors’ and Auditors’ Reports	For	For	Management
2	Declare Final Dividend of SGD 0.11 Per Share	For	For	Management
3	Reelect Choo Chiau Beng as Director	For	For	Management
4	Reelect Lim Hock San as Director	For	For	Management
5	Reelect Lee Soo Ann Tsao Yuan as Director	For	For	Management
6	Reelect Leung Chun Ying as Director	For	For	Management
7	Approve Directors’ Fees of SGD 492,000	For	For	Management
8	Reappoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
9	Authorize Share Repurchase Program	For	For	Management
10	Approve Issuance of Shares without Preemptive Rights	For	For	Management
11	Approve Mandate for Transactions with Related Parties	For	For	Management

211

KEPPEL CORPORATION LTD

Ticker:		Security ID:	SG1E04001251
Meeting Date:	MAY 26, 2004	Meeting Type:	Court
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Capital Reduction of SGD 110 Million and a Maximum of Up to SGD 32.16 Million Standing to the Credit of the Company’s Special Reserve Account and Share Premium Account, Respectively, Which is to be Effected by a Cash Distribution to Shareholders	For	Did Not Vote	Management

KESA ELECTRICALS PLC

Ticker:		Security ID:	GB0033040113
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
3	Approve Remuneration Report	For	For	Management
4	Approve Final Dividend of 7.5 Pence Per Ordinary Share	For	For	Management
5	Elect David Newlands as Director	For	For	Management
6	Elect Jean-Noel Labroue as Director	For	For	Management
7	Elect Martin Reavley as Director	For	For	Management
8	Elect Peter Wilson as Director	For	For	Management
9	Elect Michel Brossard as Director	For	For	Management
10	Elect Andrew Robb as Director	For	For	Management
11	Elect Bernard Dufau as Director	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 44,129,432	For	For	Management
13	Approve the Kesa Electricals plc Share Incentive Plan	For	For	Management
14	Approve the Kesa Electricals plc Plan d’Espargne de Groupe (PEG)	For	For	Management
15	Approve the Kesa Electricals plc Long-Term Incentive Plan	For	For	Management
16	Authorise the Directors to Amend the Rules of the SIP, PEG, LTIP and Any Other Schemes They Consider Necessary	For	For	Management
17	Authorise the Company to Make EU Political Donations and Incur EU Political Expenditure up to Aggregate Nominal Amount of GBP 250,000	For	For	Management
18	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 6,619,415	For	For	Management
19	Authorise 52,955,321 Ordinary Shares for Market Purchase	For	For	Management

212

KESKO

Ticker:		Security ID:	FI0009000202
Meeting Date:	MAR 29, 2004	Meeting Type:	Annual
Record Date:	MAR 19, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements and Statutory Reports	None	None	Management
1.2	Receive Auditor’s Report	None	None	Management
1.3	Accept Financial Statements and Statutory Reports	For	For	Management
1.4	Approve Allocation of Income and Dividends of EUR 2 Per Share	For	For	Management
1.5	Approve Discharge of Board and President	For	For	Management
1.6	Approve Remuneration of Directors and Auditors	For	For	Management
1.7	Fix Number of Directors	For	For	Management
1.8	Elect Directors	For	For	Management
1.9	Appoint Auditors and Deputy Auditors	For	For	Management
2	Shareholder Proposal: Terminate Executive Stock Option Plan	Against	Against	Shareholder

KEYENCE CORP.

Ticker:		Security ID:	JP3236200006
Meeting Date:	JUN 17, 2004	Meeting Type:	Annual
Record Date:	MAR 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 10, Final JY 10, Special JY 0	For	Against	Management
2	Amend Articles to: Change Accounting Period for Fiscal Year Beginning March 21, 2004 for Tax Purposes	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Alternate Statutory Auditor	For	For	Management
5	Approve Retirement Bonus for Statutory Auditor	For	For	Management

213

KIDDE PLC

Ticker:		Security ID:	GB0000154020
Meeting Date:	APR 28, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 1.81 Pence Per Share	For	For	Management
4	Elect Richard Gillingwater as Director	For	For	Management
5	Re-elect Michael Kirkwood as Director	For	For	Management
6	Re-elect John Poulter as Director	For	For	Management
7	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
8	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 26,960,627.90	For	For	Management
10	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 4,200,000	For	For	Management
11	Authorise 42 Million Shares for Market Purchase	For	For	Management
12	Amend Articles of Association Re: Electronic Communication	For	For	Management

KIKKOMAN CORP.

Ticker:		Security ID:	JP3240400006
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 8, Special JY 2	For	For	Management
2	Amend Articles to: Clarify Director Authorities - Create Position of Vice-Chairman - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditor	For	For	Management
6	Approve Executive Stock Option Plan	For	For	Management

214

KINGFISHER PLC

Ticker:	KGFHY	Security ID:	GB0030738503
Meeting Date:	JUL 4, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Demerger of Kingfisher Plc’s Electrical Business to Kesa Electricals Plc By Way of Dividend in Specie	For	For	Management
2	Approve Capital Reorganization	For	For	Management
3	Approve Kesa Group Sharesave Scheme and Kesa Group International Sharesave Plan and Authorize Directors to Modify and Establish Such Plans	For	For	Management
4	Approve Kesa Group Demerger Award Plan and Authorize Directors to Modify and Establish Such Plans	For	For	Management
5	Approve Kesa Group Incentive Compensation Plan and Authorize Directors to Modify and Establish Such Plans	For	For	Management
6	Approve Kesa Group Employee Benefit Trust and Authorize Directors to Modify and Establish Such Plans	For	For	Management

KINGFISHER PLC

Ticker:	KGFHY	Security ID:	GB0033195214
Meeting Date:	JUN 3, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 6.15 Pence Per Ordinary Share	For	For	Management
4	Elect Duncan Tatton-Brown as Director	For	For	Management
5	Re-elect Sir Francis Mackay as Director	For	For	Management
6	Re-elect Michael Hepher as Director	For	For	Management
7	Re-elect Margaret Salmon as Director	For	For	Management
8	Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 108,526,099	For	For	Management
10	Approve Scrip Dividend	For	For	Management
11	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to a Nominal Value of 5 Percent of the Issued Share Capital of the Company	For	For	Management
12	Authorise 233,210,664 Ordinary Shares for Market Purchase	For	For	Management

215

KINTETSU CORP. (FORMERLY KINKI NIPPON RAILWAY CO.)

Ticker:		Security ID:	JP3260800002
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 2.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
4.5	Appoint Internal Statutory Auditor	For	For	Management

KIRIN BREWERY CO.

Ticker:	KNBWF	Security ID:	JP3258000003
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

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

216

KOKUYO CO. LTD.

Ticker:		Security ID:	JP3297000006
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 7.5, Final JY 7.5, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Reduce Directors’ Term in Office - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Transfer of Company’s Stationery and Technology Business Operations to Wholly-Owned Subsidiary Kokuyo S&T	For	For	Management
4	Approve Transfer of Company’s International Operations to Wholly-Owned Subsidiary Kokuyo International	For	For	Management
5	Approve Transfer of Company’s Furniture Operations to Wholly-Owned Subsidiary Kokuyo Furniture	For	For	Management
6	Approve Transfer of Company’s Retail Store Operations to Wholly-Owned Subsidiary Kokuyo Store Creation	For	For	Management
7	Approve Transfer of Company’s Office Service Operations to Wholly-Owned Subsidiary Kokuyo Business Services	For	For	Management
8.1	Appoint Internal Statutory Auditor	For	For	Management
8.2	Appoint Internal Statutory Auditor	For	For	Management
8.3	Appoint Internal Statutory Auditor	For	For	Management
8.4	Appoint Internal Statutory Auditor	For	For	Management
9	Approve Adjustment to Aggregate Compensation Ceiling for Directors	For	For	Management

KOMATSU LTD.

Ticker:		Security ID:	JP3304200003
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 4, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management
6	Approve Adjustment to Aggregate Compensation Ceiling for Directors and Statutory Auditors	For	For	Management
7	Approve Retirement Bonus for Statutory Auditor	For	For	Management

217

KONAMI CORP. (FORMERLY KONAMI CO. LTD.)

Ticker:		Security ID:	JP3300200007
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 27, Final JY 27, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management

KONE CORPORATION

Ticker:		Security ID:	FI0009000566
Meeting Date:	FEB 27, 2004	Meeting Type:	Annual
Record Date:	FEB 17, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Receive Financial Statements Reports	None	None	Management
1.2	Receive Auditors’ Reports	None	None	Management
1.3	Accept Financial Statements and Statutory Reports	For	For	Management
1.4	Approve Allocation of Income	For	For	Management
1.5	Approve Discharge of Board and President	For	For	Management
1.6	Determine Number of Members and Deputy Members of Board; Approve Remuneration of Board	For	For	Management
1.7	Ratify Auditors; Approve Remuneration of Auditors	For	For	Management
1.8	Elect Directors	For	For	Management
1.9	Ratify Auditors	For	For	Management
2	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	For	Management
3	Authorize Reissuance of Repurchased Shares	For	For	Management
4	Confirm Stock Option Plan for Key Employees Approved at Nov. 17, 2000, EGM; Confirm Creation of EUR 1.05 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	Against	Management

218

KONICA MINOLTA HOLDINGS INC. (FORMERLY KONICA CORP.)

Ticker:		Security ID:	JP3300600008
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director	For	For	Management
1.2	Elect Director	For	For	Management
1.3	Elect Director	For	For	Management
1.4	Elect Director	For	For	Management
1.5	Elect Director	For	For	Management
1.6	Elect Director	For	For	Management
1.7	Elect Director	For	For	Management
1.8	Elect Director	For	For	Management
1.9	Elect Director	For	For	Management
1.10	Elect Director	For	For	Management
1.11	Elect Director	For	For	Management
1.12	Elect Director	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management

KUBOTA CORP.

Ticker:	KUB	Security ID:	JP3266400005
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3, Final JY 3, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
3.15	Elect Director	For	For	Management
3.16	Elect Director	For	For	Management
3.17	Elect Director	For	For	Management
3.18	Elect Director	For	For	Management
3.19	Elect Director	For	For	Management
3.20	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management

219

KUDELSKI SA

Ticker:		Security ID:	CH0012268360
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Allocation of Income and Omission of Dividends	For	For	Management
3	Approve Discharge of Board and Senior Management	For	For	Management
4	Reelect Andre Kudelski, Claude Smadja, Norbert Bucher, Laurent Dassault, Patrick Foetisch, Stefan Kudelski, and Gerard Limat as Directors; Elect Pierre Lescure as Director	For	For	Management
5	Ratify PricewaterhouseCoopers SA as Auditors	For	For	Management
6	Extend Terms of Conditional Pool Authorization by Two Years	For	For	Management
7	Transact Other Business (Non-Voting)	None	None	Management

KURARAY CO. LTD.

Ticker:		Security ID:	JP3269600007
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 4.5, Final JY 5.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management

220

KURITA WATER INDUSTRIES LTD.

Ticker:		Security ID:	JP3270000007
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 8, Final JY 8, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditors	For	For	Management

KYOCERA CORP.

Ticker:	KYO	Security ID:	JP3249600002
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

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

KYOWA HAKKO KOGYO

Ticker:		Security ID:	JP3256000005
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3.75, Final JY 3.75, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Director and Statutory Auditor	For	For	Management

221

KYUSHU ELECTRIC POWER CO. INC.

Ticker:		Security ID:	JP3246400000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 25, Final JY 25, Special JY 0	For	For	Management
2	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Appoint Internal Statutory Auditor	For	For	Management
3.2	Appoint Internal Statutory Auditor	For	For	Management
4	Approve Retirement Bonuses for Statutory Auditors	For	For	Management
5	Amend Articles to Prohibit Generation of Electricity Using Pluthermal Process	Against	Against	Shareholder
6	Amend Articles to Abolish Payment of Retirement Bonuses to Directors	Against	Against	Shareholder
7	Amend Articles to Require Appointment of Directors Responsible for Corporate Social Responsibility, to Be Chosen by Shareholders	Against	Against	Shareholder
8	Amend Articles to Require Establishment of Nuclear Waste Oversight Committee	Against	Against	Shareholder
9	Amend Articles to Require Establishment of Committee of Directors and Outsiders to Study Protection of Scenic Landscapes	Against	Against	Shareholder
10	Amend Articles to Require Establishment of Committee to Promote Purchases of Power Generated by Small-Scale Solar and Wind Power Plants	Against	Against	Shareholder
11	Amend Articles to Include Provisions on Shut-Down of Kawauchi Nuclear Power Station	Against	Against	Shareholder

222

L’AIR LIQUIDE

Ticker:	AIQUY	Security ID:	FR0000120073
Meeting Date:	APR 27, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 4.80 per Share	For	For	Management
4	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
5	Elect Rolf Krebs as Supervisory Board Member	For	Against	Management
6	Reelect Edouard Royere as Supervisory Board Member	For	Against	Management
7	Ratify Ernst & Young as Auditors	For	For	Management
8	Ratify Mazars & Guerard as Auditors	For	For	Management
9	Ratify Valerie Quint as Alternate Auditor	For	For	Management
10	Ratify Patrick De Cambourg as Alternate Auditor	For	For	Management
11	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
12	Authorize Issuance of Bonds/Debentures in the Aggregat Value of Up to EUR 4 Billion	For	For	Management
13	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
14	Authorize Increase in Capital by Capitalization of Reserves or by Issuance of Equity or Equity-Linked Securities with and without Preemptive Rights for an Aggregate Nominal Amount Up to EUR 2 Billion	For	Against	Management
15	Authorize Issuance of Convertible Bonds with and without Preemptive Rights and Approve Creation of EUR 1.5 Billion Pool of Conditional Capital to Guarantee Conversion Rights	For	Against	Management
16	Approve Stock Option Plan Grants	For	Against	Management
17	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
18	Authorize Filing of Required Documents/Other Formalities	For	For	Management

LAFARGE

Ticker:	LFGCY	Security ID:	FR0000120537
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Statutory Reports	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income, Dividends of EUR 3.45 per Share, and Stock Dividend Program	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Ratify Cooptation of Juan Gallardo as Director	For	For	Management
6	Reelect Jean Keller as Director	For	For	Management
7	Authorize Repurchase of Up to Ten Percent of Issued Share Capital and Reissunace of Repurchased Shares	For	For	Management
8	Authorize Filing of Required Documents/Other Formalities	For	For	Management

223

LAGARDERE S.C.A.

Ticker:		Security ID:	FR0000130213
Meeting Date:	APR 30, 2004	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Discharge Directors	For	For	Management
2	Accept Consolidated Financial Statements and Statutory Reports	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 1.35 per Share	For	For	Management
4	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
5	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
6	Reelect Raymond H. Levy as Supervisory Board Member	For	For	Management
7	Reelect Pehr G. Gyllenhammar as Supervisory Board Member	For	For	Management
8	Reelect Pierre Lescure as Supervisory Board Member	For	For	Management
9	Reelect Didier Pineau-Valencienne as Supervisory Board Member	For	For	Management
10	Reelect Felix G. Rohatyn as Supervisory Board Member	For	For	Management
11	Reelect Groupama S.A. as Supervisory Board Member	For	For	Management
12	Reelect Manfred Bischoff as Supervisory Board Member	For	For	Management
13	Reelect George Chaudron de Courcel as Supervisory Board Member	For	For	Management
14	Reelect Christian Marbach as Supervisory Board Member	For	For	Management
15	Reelect Bernard Mirat as Supervisory Board Member	For	For	Management
16	Elect Bernard Arnaud as Supervisory Board Member	For	Against	Management
17	Elect Dr. Hubert Burda as Supervisory Board Member	For	Against	Management
18	Elect Rene Carron as Supervisory Board Member	For	Against	Management
19	Elect Henri Proglio as Supervisory Board Member	For	Against	Management
20	Elect Francois Roussely as Supervisory Board Member	For	Against	Management
21	Appoint Bernard Esambert as Censor	For	For	Management
22	Approve Remuneration of Directors in the Aggregate Amount of EUR 600,000	For	For	Management
23	Authorize Issuance of Bonds/Debentures in the Aggregate Nominal Value of EUR 3 Billion	For	For	Management
24	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 300 Million	For	For	Management
25	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 300 Million	For	For	Management
26	Authorize Capital Increase of Up to EUR 300 Million for Future Exchange Offers	For	For	Management
27	Authorize Capitalization of Reserves of Up to EUR 300 Million for Bonus Issue or Increase in Par Value	For	For	Management
28	Set Global Limit for Capital Increase to Result from Issuance Requests Pursuant to Items 24, 25 and 26 at EUR 300 Million	For	For	Management
29	Allow Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer	For	Against	Management
30	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan	For	For	Management
31	Approve Stock Option Plan Grants	For	Against	Management
32	Amend Articles of Association to Reflect 2003 Legal Changes to French Commercial Code Re: Related-Party Transactions	For	Against	Management
33	Authorize Filing of Required Documents/Other Formalities	For	For	Management

224

WHARF (HOLDINGS) LTD.

Ticker:		Security ID:	HK0004000045
Meeting Date:	MAY 18, 2004	Meeting Type:	Annual
Record Date:	MAY 10, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend	For	For	Management
3a	Reelect Hans Michael Jebsen as Director	For	For	Management
3b	Reelect Gonzaga W.J. Li as Director	For	For	Management
3c	Reelect T.Y. Ng as Director	For	For	Management
3d	Reelect James E. Thompson as Director	For	For	Management
4	Reappoint KPMG as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Against	Management
7	Authorize Reissuance of Repurchased Shares	For	For	Management
8	Amend Articles Re: Voting at General Meetings, Material Interest of Directors in Contracts Entered into by the Company, Nomination and Removal of Directors	For	For	Management

WHITBREAD PLC

Ticker:		Security ID:	3034545
Meeting Date:	JUN 15, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 16.15 Pence Per Ordinary Share	For	For	Management
4	Elect Angie Risley as Director	For	For	Management
5	Re-elect Sir John Banham as Director	For	For	Management
6	Re-elect Alan Parker as Director	For	For	Management
7	Re-elect Stewart Miller as Director	For	For	Management
8	Re-appoint Ernst and Young LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
9	Amend the Whitbread Long Term Incentive Plan	For	For	Management
10	Authorise the Directors to Set up Share Plans for Employees Overseas	For	For	Management
11	Authorise Market Purchase of Ordinary Shares up to GBP 14,875,000	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 7,437,500	For	For	Management

450

WIENERBERGER AG (FM. WIENERBERGER BAUSTOFFINDUSTRIE AG)

Ticker:		Security ID:	AT0000831706
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2	Approve Allocation of Income	For	For	Management
3	Approve Discharge of Management and Supervisory Boards	For	For	Management
4	Ratify Auditors	For	For	Management
5	Elect Supervisory Board Members	For	For	Management
6	Amend Articles Re; Takeover Provisions	For	Against	Management
7	Authorize Share Repurchase Program and Reissuance of Repurchased Shares	For	For	Management
8	Approve Stock Option Plan for Key Employees; Approve Creation of EUR 1 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	Against	Management
9	Approve Creation of EUR 31.6 Million Pool of Conditional Capital without Preemptive Rights	For	Against	Management

WILLIAM HILL PLC

Ticker:		Security ID:	GB0031698896
Meeting Date:	MAY 17, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 9 Pence Per Ordinary Share	For	For	Management
4	Re-elect David Allvey as Director	For	For	Management
5	Re-elect Barry Gibson as Director	For	For	Management
6	Re-appoint Deloitte and Touche LLP as Auditors of the Company	For	For	Management
7	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
8	Amend the 2004 Senior Management Operating Bonus Scheme, the William Hill Executive Director Incentive Plan, the William Hill Long Term Incentive Plan and the William Hill SAYE Share Option Schemes	For	For	Management
9	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 14,060,370	For	For	Management
10	Amend Articles of Association Re: Disapplication of Pre-emptive Rights	For	For	Management
11	Amend Articles of Association Re: Treasury Shares	For	For	Management
12	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount Equal to Five Percent of the Issued Share Capital	For	For	Management
13	Authorise 42,811,111 Ordinary Shares for Market Purchase	For	For	Management

451

WM-DATA AB

Ticker:		Security ID:	SE0000115404
Meeting Date:	DEC 10, 2003	Meeting Type:	Special
Record Date:	NOV 28, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting; Elect Chairman of Meeting	For	For	Management
2	Prepare and Approve List of Shareholders	For	For	Management
3	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	For	Management
4	Acknowledge Proper Convening of Meeting	For	For	Management
5	Approve Agenda of Meeting	For	For	Management
6.1	Authorize Issuance of 62.2 Million Shares in Connection with Acquisition of Novo Group	For	For	Management
6.2	Authorize Board to Issue Shares Under Item 6.1; Approve Creation of SEK 1.9 Million Pool of Conditional Capital to Guarantee Conversion Rights of Existing Stock Options in Novo Group	For	For	Management
7	Close Meeting	None	None	Management

WM-DATA AB

Ticker:		Security ID:	SE0000115404
Meeting Date:	APR 15, 2004	Meeting Type:	Annual
Record Date:	APR 5, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting; Elect Chairman of Meeting	For	Did Not Vote	Management
2	Prepare and Approve List of Shareholders	For	Did Not Vote	Management
3	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	Did Not Vote	Management
4	Acknowledge Proper Convening of Meeting	For	Did Not Vote	Management
5	Approve Agenda of Meeting	For	Did Not Vote	Management
6	Receive Financial Statements and Statutory Reports; Receive President’s and Board Reports	None	Did Not Vote	Management
7.1	Accept Financial Statements and Statutory Reports	For	Did Not Vote	Management
7.2	Approve Allocation of Income and Dividends of SEK 0.20 Per Share	For	Did Not Vote	Management
7.3	Approve Discharge of Board and President	For	Did Not Vote	Management
8	Approve Remuneration of Directors in the Aggregate Amount of SEK 1.7 Million; Approve Remuneration of Auditors	For	Did Not Vote	Management
9	Determine Number of Members (7) and Deputy Members (0) of Board	For	Did Not Vote	Management
10	Reelect Boerje Ekholm, Jonas Fredriksson, Lisbeth Gustafsson, Hans Mellstroem, Gundor Rentsch, Lars Wedenborg, and Thord Wilkne as Directors	For	Did Not Vote	Management
11	Approve Stock Option Plan for Key Employees	For	Did Not Vote	Management
12	Amend Articles Re: Amend Corporate Purpose; Specify that One or Two Audit Firm(s) May be Appointed as Auditor; Editorial Changes; Delete Requirement to Send Meeting Notice by Mail	For	Did Not Vote	Management
13.1	Shareholder Proposal: Authorize General Meeting to Elect Members of Nominating Committee	Against	Did Not Vote	Shareholder
13.2	Authorize Chairman of Board to Appoint Members of Nominating Committee	For	Did Not Vote	Management
14	Close Meeting	None	Did Not Vote	Management

452

WM-DATA AB

Ticker:		Security ID:	SE0000115404
Meeting Date:	NOV 4, 2003	Meeting Type:	Special
Record Date:	OCT 24, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting; Elect Chairman of Meeting	For	For	Management
2	Prepare and Approve List of Shareholders	For	For	Management
3	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	For	Management
4	Acknowledge Proper Convening of Meeting	For	For	Management
5	Approve Agenda of Meeting	For	For	Management
6	Approve Issuance of Convertible Bonds to All Employees up to Aggregate Nominal Amount of SEK 230 Million; Approve Creation of SEK 9.9 Million Pool of Conditional Capital to Guarantee Conversion Rights	For	For	Management
7	Close Meeting	None	None	Management

WMC RESOURCES LTD

Ticker:		Security ID:	AU000000WMR6
Meeting Date:	APR 6, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1a	Elect P J Knight as Director	For	For	Management
1b	Elect I E Webber as Director	For	For	Management
1c	Elect G W McGregor as Director	For	For	Management
1d	Elect G J Pizzey as Director	For	For	Management

453

WOLSELEY PLC

Ticker:		Security ID:	GB0009764027
Meeting Date:	NOV 21, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Remuneration Report	For	For	Management
3	Approve Final Dividend of 15.6 Pence Per Share	For	For	Management
4	Elect Gareth Davis as Director	For	For	Management
5	Elect Gerard Legtmann as Director	For	For	Management
6	Reelect John Whybrow as Director	For	For	Management
7	Reelect Stephen Webster as Director	For	For	Management
8	Reelect Fenton Hord as Director	For	For	Management
9	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
10	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 7,259,465	For	For	Management
11	Authorize 58,075,722 Shares for Share Repurchase Program	For	For	Management
12	Approve Wolesley Share Option Plan 2003	For	Against	Management
13	Authorize EU Political Donations up to GBP 125,000	For	For	Management

WOLTERS KLUWER NV

Ticker:	WTKWY	Security ID:	NL0000395887
Meeting Date:	APR 21, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Open Meeting	None	None	Management
2.1	Receive Report of Management Board	None	None	Management
2.2	Receive Report of Supervisory Board	None	None	Management
2.3	Approve Financial Statements and Statutory Reports	For	For	Management
2.4	Approve Allocation of Income and Dividends of EUR 0.55 Per Share	For	For	Management
3	Discussion about Company’s Corporate Governance Report	None	None	Management
4.1	Approve Discharge of Management Board	For	For	Management
4.2	Approve Discharge of Supervisory Board	For	For	Management
5.1	Reelect K. van Miert to Supervisory Board	For	For	Management
5.2	Elect H. Scheffers to Supervisory Board	For	For	Management
6.1	Approve Remuneration Policy for Management Board Members	For	For	Management
6.2	Approve Long-Term Incentive Plan for Management Board Members	For	For	Management
7	Grant Board Authority to Issue Up to 20 Percent of the Authorized Yet Unissued Shares Restricting/Excluding Preemptive Rights	For	For	Management
8	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	For	For	Management
9	Other Business	None	None	Management
10	Close Meeting	None	None	Management

454

WOODSIDE PETROLEUM LTD.

Ticker:		Security ID:	AU000000WPL2
Meeting Date:	APR 15, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive Financial Statements and Statutory Reports	None	None	Management
2a	Elect Rory Edward Stanley Argyle as Director	For	For	Management
2b	Elect Charles Barrington Goode as Director	For	For	Management
2c	Elect Peter Maas van Rossum as Director	For	For	Management
3	Approve Restructuring of Remuneration of Directors	For	For	Management
4	Approve Directors’ Deeds	For	For	Management
5	Adopt New Constitution	For	For	Management

WOOLWORTHS LTD.

Ticker:		Security ID:	AU000000WOW2
Meeting Date:	NOV 21, 2003	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2a	Elect J. A. Strong as Director	For	For	Management
2b	Elect R. S. Deane as Director	For	For	Management
3	Amend Constitution	For	For	Management

WORLD CO. LTD.

Ticker:		Security ID:	JP3990200002
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 14, Final JY 19, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Appointment of Alternate Statutory Auditors - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Appoint Alternate Statutory Auditor	For	For	Management
6	Approve Executive Stock Option Plan	For	For	Management

455

WPP GROUP PLC

Ticker:	WPPG10	Security ID:	GB0009740423
Meeting Date:	JUN 28, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 4.4 Pence Per Ordinary Share	For	For	Management
3a	Elect Orit Gadiesh as Director	For	For	Management
3b	Elect Koichiro Naganuma as Director	For	For	Management
3c	Elect Paul Spencer as Director	For	For	Management
3d	Re-elect Philip Lader as Director	For	For	Management
3e	Re-elect Jeremy Bullmore as Director	For	For	Management
3f	Re-elect John Jackson as Director	For	For	Management
3g	Re-elect Stanley Morten as Director	For	For	Management
3h	Re-elect John Quelch as Director	For	For	Management
4	Re-appoint Deloitte and Touche LLP as Auditors and Authorise Board to Fix Remuneration of Auditors	For	For	Management
5	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 39,334,225	For	For	Management
6	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 5,900,134	For	For	Management
7	Authorise 118,002,676 Ordinary Shares for Market Purchase	For	For	Management
8	Approve Remuneration Report	For	Against	Management
9	Amend the Capital Investment Plan	For	For	Management
10	Amend the Notional Share Award Plan	For	For	Management
11	Approve Increase in Remuneration of Non-Executive Directors from GBP 450,000 to GBP 1,000,000	For	For	Management

WPP GROUP PLC

Ticker:	WPPG10	Security ID:	GB0009740423
Meeting Date:	APR 7, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve 2004 Leadership Equity Acquisition Plan	For	Against	Management

456

YAKULT HONSHA CO. LTD.

Ticker:		Security ID:	JP3931600005
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 7.5, Final JY 7.5, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
4.5	Appoint Internal Statutory Auditor	For	For	Management
4.6	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Statutory Auditors	For	For	Management
6.1	Elect a Shareholder Nominee to the Board	Against	Against	Shareholder
6.2	Elect a Shareholder Nominee to the Board	Against	Against	Shareholder

YAMADA DENKI CO.

Ticker:		Security ID:	JP3939000000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 11, Special JY 1	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management
6	Approve Adjustment to Aggregate Compensation Ceiling for Statutory Auditors	For	For	Management

457

YAMAHA CORP.

Ticker:		Security ID:	JP3942600002
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5, Final JY 10, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonus for Director	For	For	Management

YAMAHA MOTOR CO. LTD.

Ticker:		Security ID:	JP3942800008
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 5, Final JY 7, Special JY 0	For	For	Management
2	Amend Articles to: Change Fiscal Year End - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Executive Stock Option Plan	For	For	Management
6	Approve Retirement Bonuses for Directors	For	For	Management

YAMANOUCHI PHARMACEUTICAL CO. LTD.

Ticker:		Security ID:	JP3942400007
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 15, Final JY 16, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3	Approve Merger Agreement with Fujisawa Pharmaceutical Co.	For	For	Management
4.1	Elect Director	For	For	Management
4.2	Elect Director	For	For	Management
4.3	Elect Director	For	For	Management
5.1	Appoint Internal Statutory Auditor	For	For	Management
5.2	Appoint Internal Statutory Auditor	For	For	Management
6	Approve Executive Stock Option Plan	For	For	Management
7	Approve Retirement Bonuses for Directors	For	For	Management

458

YAMATO TRANSPORT CO. LTD.

Ticker:		Security ID:	JP3940000007
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 8, Final JY 10, Special JY 0	For	For	Management
2	Amend Articles to: Reduce Board Size - Streamline Board Structure - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditors and Payments to Continuing Directors and Auditors in Connection with Abolition of Retirement Bonus System	For	For	Management

YAMAZAKI BAKING CO. LTD.

Ticker:		Security ID:	JP3935600001
Meeting Date:	MAR 30, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 12, Special JY 0	For	For	Management
2	Amend Articles to: Cancel Year-End Closure of Shareholder Register - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
3.5	Elect Director	For	For	Management
3.6	Elect Director	For	For	Management
3.7	Elect Director	For	For	Management
3.8	Elect Director	For	For	Management
3.9	Elect Director	For	For	Management
3.10	Elect Director	For	For	Management
3.11	Elect Director	For	For	Management
3.12	Elect Director	For	For	Management
3.13	Elect Director	For	For	Management
3.14	Elect Director	For	For	Management
4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Retirement Bonuses for Directors	For	For	Management

459

YANZHOU COAL MINING COMPANY LIMITED

Ticker:		Security ID:	CN0009131243
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAY 25, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Directors’ Report	For	For	Management
2	Accept Supervisors’ Report	For	For	Management
3	Accept Financial Statements and Statutory Reports	For	For	Management
4	Approve Allocation of Income and Dividends	For	For	Management
5	Approve Remuneration of Directors and Supervisors	For	For	Management
6	Elect Wang Xin, Wang XinKun, and Wang Quanxi as Directors	For	For	Management
7	Approve Deloitte Touche Tohmatsu in Hong Kong and Deloitte Touche Tohmatsu CPAs in PRC as International and Domestic Auditors Respectively and Authorize Board to Fix Their Remuneration	For	For	Management
8	Amend Articles of Association	For	For	Management
9	Approve Issuance of New Shares	For	Against	Management
10	Other Business	For	Against	Management

YARA INTL ASA

Ticker:		Security ID:	NO0010208051
Meeting Date:	JUN 16, 2004	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Chairman of Meeting; Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	For	For	Management
2	Approve Remuneration of Directors in the Amount of NOK 350,000 for Chairman and NOK 200,000 for Other Board Members; Approve Remuneration of Deputy Directors in the Amount of NOK 7,000 Per Meeting	For	For	Management
3	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	For	Management

460

YELL GROUP PLC

Ticker:		Security ID:	GB0031718066
Meeting Date:	JUL 13, 2004	Meeting Type:	Annual
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Final Dividend of 6 Pence Per Ordinary Share	For	For	Management
3	Approve Remuneration Report	For	For	Management
4	Elect John Condron as Director	For	For	Management
5	Elect John Davis as Director	For	For	Management
6	Elect Lyndon Lea as Director	For	For	Management
7	Elect Lord Powell of Baywater as Director	For	For	Management
8	Elect Robert Scott as Director	For	For	Management
9	Elect Charles Carey as Director	For	For	Management
10	Elect John Coghlan as Director	For	For	Management
11	Elect Joachim Eberhardt as Director	For	For	Management
12	Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	For	For	Management
13	Authorise Board to Fix Remuneration of the Auditors	For	For	Management
14	Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2,323,812	For	For	Management
15	Authorise the Company to Make EU Political Donations and Incur EU Political Expenditure up to Aggregate Nominal Amount of GBP 100,000	For	For	Management
16	Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 348,921	For	For	Management
17	Authorise 69,784,148 Ordinary Shares for Market Purchase	For	For	Management
18	Amend Articles of Association Re: Removal of the Rights of Certain Shareholders to Appoint Non-executive Directors, Treasury Share Regulations 2003 and the Correction of Typographical Errors and Cross References	For	For	Management

YOKOGAWA ELECTRIC CORP.

Ticker:		Security ID:	JP3955000009
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 3.75, Final JY 3.75, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
4.1	Appoint Internal Statutory Auditor	For	For	Management
4.2	Appoint Internal Statutory Auditor	For	For	Management
4.3	Appoint Internal Statutory Auditor	For	For	Management
4.4	Appoint Internal Statutory Auditor	For	For	Management
5	Approve Special Payments to Continuing Directors and Statutory Auditors in Conection with The Abolition of Retirement Bonus System	For	For	Management
6	Approve Adjustment to Aggregate Compensation Ceiling for Directors	For	For	Management
7	Approve Adjustment to Aggregate Compensation Ceiling for Statutory Auditors	For	For	Management

461

YUE YUEN INDUSTRIAL

Ticker:		Security ID:	BMG988031446
Meeting Date:	FEB 24, 2004	Meeting Type:	Annual
Record Date:	FEB 18, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Approve Dividends of HK$0.46 Per Share	For	For	Management
3	Elect Directors and Authorize Board to Fix Their Remuneration	For	For	Management
4	Appoint Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
5a	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	For	Management
5b	Approve Repurchase of Up to 10 Percent of Issued Capital	For	For	Management
5c	Authorize Reissuance of Repurchased Shares	For	For	Management

YUKOS OIL

Ticker:		Security ID:	98849W108
Meeting Date:	NOV 28, 2003	Meeting Type:	Special
Record Date:	SEP 25, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect F K Bukle as Director	For	For	Management
1.2	Elect Y A Golubev as Director	For	For	Management
1.3	Elect D L Davidivich as Director	For	For	Management
1.4	Elect A E Kontorovich as Director	For	For	Management
1.5	Elect S G Kukes as Director	For	For	Management
1.6	Elect S Keri as Director	For	For	Management
1.7	Elect B Loze as Director	For	For	Management
1.8	Elect M Sublen as Director	For	For	Management
1.9	Elect E A Tenebaum as Director	For	For	Management
1.10	Elect R M Friman as Director	For	For	Management
1.11	Elect E M Shvidler as Director	For	For	Management
2	Adopt New Charter	For	Against	Management
3	Approve Dividends for First Nine Months of 2003	For	For	Management

462

ZHEJIANG EXPRESSWAY CO

Ticker:		Security ID:	CN0009068411
Meeting Date:	MAY 21, 2004	Meeting Type:	Annual
Record Date:	APR 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Report of the Directors	For	Did Not Vote	Management
2	Approve Report of the Supervisory Committee	For	Did Not Vote	Management
3	Approve Financial Statements	For	Did Not Vote	Management
4	Approve Final Dividend of RMB0.11 Per Share	For	Did Not Vote	Management
5	Approve Financial Budget for 2004	For	Did Not Vote	Management
6	Reappoint Ernst & Young (Hong Kong CPA) and Zhejiang Pan-China CPA as International and PRC Auditors Respectively and Authorize Board to Fix Their Remuneration	For	Did Not Vote	Management
1	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	For	Did Not Vote	Management
2	Amend Articles Re: Voting at General Meetings, Nomination of Directors, Material Interest of Directors and Other Officers in Contracts Entered into by the Company	For	Did Not Vote	Management

ZHEJIANG EXPRESSWAY CO

Ticker:		Security ID:	CN0009068411
Meeting Date:	OCT 9, 2003	Meeting Type:	Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Interim Dividend of HK$0.038 Per Share	For	For	Management

ZHENHAI REFINING & CHEMICAL CO LTD

Ticker:		Security ID:	CN0008934001
Meeting Date:	JUN 18, 2004	Meeting Type:	Annual
Record Date:	MAY 25, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Accept Financial Statements and Statutory Reports	For	For	Management
2	Accept Report of the Supervisory Committee	For	For	Management
3	Approve Profit Appropriation Proposal	For	For	Management
4	Approve Remuneration of Directors and Supervisors	For	For	Management
5	Reappoint KPMG Certified Public Accountants as Auditors and Authorize Board to Fix Their Remuneration	For	For	Management
1	Amend Articles of Association	For	For	Management

463

ZODIAC SA

Ticker:		Security ID:	FR0000125684
Meeting Date:	DEC 15, 2003	Meeting Type:	Annual/Special
Record Date:

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Financial Statements and Discharge Directors	For	For	Management
2	Approve Consolidated Accounts and Discharge Directors	For	For	Management
3	Approve Allocation of Income and Dividends of EUR 0.60 per Share	For	For	Management
4	Approve Stock Dividend Program	For	For	Management
5	Approve Special Auditors’ Report Regarding Related-Party Transactions	For	For	Management
6	Authorize Repurchase of Up to Five Percent of Issued Share Capital	For	For	Management
7	Reelect Marc Assa as Supervisory Board Member	For	For	Management
8	Ratify Ernst & Young Audit as Auditors	For	For	Management
9	Ratify Christian de Chastellux as Alternate Auditors	For	For	Management
10	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	For	For	Management
11	Authorize Filing of Required Documents/Other Formalities	For	For	Management

ZURICH FINANCIAL SERVICES AG (FORMERLY ZURICH ALLIED AG)

Ticker:		Security ID:	CH0011075394
Meeting Date:	APR 16, 2004	Meeting Type:	Annual
Record Date:

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

464

SIGNATURES

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

(Registrant)		Morgan Stanley International Fund
By (Signature and Title)*			/s/ Ronald E. Robison
			Principal Executive Officer
Date	August 27, 2004

* Print the name and title of each signing officer under his or her signature.

465