FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

INVESTMENT COMPANY ACT FILE NUMBER: 811-03114

EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER: Fidelity Select Portfolios

Fund Name: Select Cyclical Industries Portfolio

82 DEVONSHIRE STREET, BOSTON, MA 02109
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)

ERIC D. ROITER, SECRETARY, 82 DEVONSHIRE STREET, BOSTON, MA 02109
(NAME AND ADDRESS OF AGENT FOR SERVICE)

REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 617-563-7000

DATE OF FISCAL YEAR END: FEBRUARY 29

DATE OF REPORTING PERIOD: 06/30/2004

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, THERE UNTO DULY AUTHORIZED.

Fidelity Select Portfolios

BY:  /s/ CHRISTINE REYNOLDS
-----------------------------------------------------
CHRISTINE REYNOLDS, TREASURER, FIDELITY MANAGEMENT & RESEARCH COMPANY
DATE: 08/26/2004 01:18:14 PM

EXHIBIT A

VOTE SUMMARY REPORT
Select Cyclical Industries Portfolio
07/01/2003 - 06/30/2004

Note: The Security ID will be the CUSIP (Committee on Uniform Securities Identification Procedures) when available. When CUSIP is not available, an alternate identifier, e.g., CINS, will be provided.

ISSUER NAME: 3M COMPANY MEETING DATE: 05/11/2004
TICKER: MMM     SECURITY ID: 88579Y101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT EDWARD A. BRENNAN AS A DIRECTOR	Management	For	For
1.2	ELECT MICHAEL L. ESKEW AS A DIRECTOR	Management	For	For
1.3	ELECT W. JAMES MCNERNEY, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT KEVIN W. SHARER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF INDEPENDENT AUDITORS	Management	For	For
3	APPROVAL OF AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO INCREASE THE AUTHORIZED COMMON STOCK	Management	For	For
4	STOCKHOLDER PROPOSAL RELATING TO SEPARATION OF THE ROLES OF CEO AND CHAIRMAN OF THE BOARD	Shareholder	Against	Against

ISSUER NAME: A.O. SMITH CORPORATION MEETING DATE: 04/05/2004
TICKER: AOS     SECURITY ID: 831865209
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WILLIAM F. BUEHLER AS A DIRECTOR	Management	For	For
1.2	ELECT KATHLEEN J. HEMPEL AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPROVE THE RATIFICATION OF ERNST & YOUNG LLP AS THE INDEPENDENT AUDITORS OF THE CORPORATION.	Management	For	For

ISSUER NAME: AGCO CORPORATION MEETING DATE: 04/22/2004
TICKER: AG     SECURITY ID: 001084102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT W. WAYNE BOOKER AS A DIRECTOR	Management	For	For
1.2	ELECT GERALD B. JOHANNESON AS A DIRECTOR	Management	For	For
1.3	ELECT CURTIS E. MOLL AS A DIRECTOR	Management	For	For
1.4	ELECT ROBERT J. RATLIFF AS A DIRECTOR	Management	For	For
2	STOCKHOLDER PROPOSAL REGARDING ENVIRONMENTAL SUSTAINABILITY REPORTING	Shareholder	Against	Against

ISSUER NAME: AK STEEL HOLDING CORPORATION MEETING DATE: 05/03/2004
TICKER: AKS     SECURITY ID: 001547108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD A. ABDOO AS A DIRECTOR	Management	For	For
1.2	ELECT DONALD V. FITES AS A DIRECTOR	Management	For	For
1.3	ELECT DR. BONNIE G. HILL AS A DIRECTOR	Management	For	For
1.4	ELECT ROBERT H. JENKINS AS A DIRECTOR	Management	For	For
1.5	ELECT LAWRENCE A. LESER AS A DIRECTOR	Management	For	For
1.6	ELECT DANIEL J. MEYER AS A DIRECTOR	Management	For	For
1.7	ELECT SHIRLEY D. PETERSON AS A DIRECTOR	Management	For	For
1.8	ELECT DR. JAMES A. THOMSON AS A DIRECTOR	Management	For	For
1.9	ELECT JAMES L. WAINSCOTT AS A DIRECTOR	Management	For	For

ISSUER NAME: ALASKA AIR GROUP, INC. MEETING DATE: 05/18/2004
TICKER: ALK     SECURITY ID: 011659109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WILLIAM S. AYER AS A DIRECTOR	Management	For	For
1.2	ELECT DENNIS F. MADSEN AS A DIRECTOR	Management	For	For
1.3	ELECT R. MARC LANGLAND AS A DIRECTOR	Management	For	For
1.4	ELECT JOHN V. RINDLAUB AS A DIRECTOR	Management	For	For
2	BOARD PROPOSAL TO APPROVE THE ALASKA AIR GROUP, INC. 2004 LONG-TERM INCENTIVE EQUITY PLAN	Management	For	For
3	STOCKHOLDER PROPOSAL ON SIMPLE-MAJORITY VOTE	Shareholder	Against	Against
4	STOCKHOLDER PROPOSAL ON STOCKHOLDER RIGHTS PLANS	Shareholder	Against	For
5	STOCKHOLDER PROPOSAL ON SHARES NOT VOTED NOT COUNTED	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL ON LEAD INDEPENDENT DIRECTOR	Shareholder	Against	Against
7	STOCKHOLDER PROPOSAL ON AN INDEPENDENT BOARD CHAIRMAN	Shareholder	Against	Against
8	STOCKHOLDER PROPOSAL ON CONFIDENTIAL SHAREHOLDER VOTING	Shareholder	Against	For
9	STOCKHOLDER PROPOSAL ON REPORTING EMPLOYEE STOCK OWNERSHIP	Shareholder	Against	Against
10	STOCKHOLDER PROPOSAL ON CUMULATIVE VOTING	Shareholder	Against	Abstain

ISSUER NAME: ALLIED WASTE INDUSTRIES, INC. MEETING DATE: 12/18/2003
TICKER: AW     SECURITY ID: 019589308
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVAL OF THE ISSUANCE OF SHARES OF OUR COMMON STOCK IN EXCHANGE FOR SHARES OF OUR SERIES A SENIOR CONVERTIBLE PREFERRED STOCK PURSUANT TO AN EXCHANGE AGREEMENT BETWEEN THE COMPANY AND HOLDERS OF THE PREFERRED STOCK.	Management	For	For

ISSUER NAME: ALLIED WASTE INDUSTRIES, INC. MEETING DATE: 05/21/2004
TICKER: AW     SECURITY ID: 019589308
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THOMAS H. VAN WEELDEN AS A DIRECTOR	Management	For	For
1.2	ELECT ROBERT M. AGATE AS A DIRECTOR	Management	For	For
1.3	ELECT LEON D. BLACK AS A DIRECTOR	Management	For	For
1.4	ELECT JAMES W. CROWNOVER AS A DIRECTOR	Management	For	For
1.5	ELECT MICHAEL S. GROSS AS A DIRECTOR	Management	For	For
1.6	ELECT DENNIS R. HENDRIX AS A DIRECTOR	Management	For	For
1.7	ELECT J. TOMILSON HILL AS A DIRECTOR	Management	For	For
1.8	ELECT LAWRENCE V. JACKSON AS A DIRECTOR	Management	For	For
1.9	ELECT NOLAN LEHMANN AS A DIRECTOR	Management	For	For
1.10	ELECT HOWARD A. LIPSON AS A DIRECTOR	Management	For	For
1.11	ELECT ANTONY P. RESSLER AS A DIRECTOR	Management	For	For
1.12	ELECT WARREN B. RUDMAN AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT AUDITOR FOR FISCAL YEAR 2004.	Management	For	For
3	PROPOSAL TO EXPENSE THE COSTS OF ALL FUTURE STOCK OPTIONS ISSUED BY THE COMPANY IN THE COMPANY S ANNUAL INCOME STATEMENT.	Shareholder	Against	Against
4	PROPOSAL THAT THE COMPANY DISCLOSE THE EFFECTS OF EFFORTS TO OPPOSE PRIVATIZATION ON ITS BUSINESS STRATEGY.	Shareholder	Against	Against

ISSUER NAME: AMERICAN AXLE & MANUFACTURING HLDGS, MEETING DATE: 04/29/2004
TICKER: AXL     SECURITY ID: 024061103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT B.G. MATHIS AS A DIRECTOR	Management	For	Withhold
1.2	ELECT THOMAS L. MARTIN AS A DIRECTOR	Management	For	For
1.3	ELECT DR. HENRY T. YANG AS A DIRECTOR	Management	For	For
2	APPROVAL OF AN AMENDMENT TO THE 1999 AMERICAN AXLE & MANUFACTURING HOLDINGS, INC. STOCK INCENTIVE PLAN (1999 PLAN) TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FOR ISSUANCE FROM 8,500,000 TO 13,500,000.	Management	For	Against
3	RE APPROVAL OF THE PERFORMANCE CRITERIA STATED IN THE 1999 PLAN.	Management	For	For

ISSUER NAME: AMERICAN STANDARD COMPANIES, INC. MEETING DATE: 05/04/2004
TICKER: ASD     SECURITY ID: 029712106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT STEVEN E. ANDERSON AS A DIRECTOR	Management	For	Withhold
1.2	ELECT JAMES F. HARDYMON AS A DIRECTOR	Management	For	Withhold
1.3	ELECT RUTH ANN MARSHALL AS A DIRECTOR	Management	For	Withhold
2	DIRECTORS PROPOSAL - APPROVAL OF AN AMENDMENT TO THE COMPANY S RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK.	Management	For	For
3	DIRECTORS PROPOSAL - RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS FOR 2004.	Management	For	For

ISSUER NAME: AMR CORPORATION MEETING DATE: 05/19/2004
TICKER: AMR     SECURITY ID: 001765106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GERARD J. ARPEY AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN W. BACHMANN AS A DIRECTOR	Management	For	For
1.3	ELECT DAVID L. BOREN AS A DIRECTOR	Management	For	For
1.4	ELECT EDWARD A. BRENNAN AS A DIRECTOR	Management	For	For
1.5	ELECT ARMANDO M. CODINA AS A DIRECTOR	Management	For	For
1.6	ELECT EARL G. GRAVES AS A DIRECTOR	Management	For	For
1.7	ELECT ANN M. KOROLOGOS AS A DIRECTOR	Management	For	For
1.8	ELECT MICHAEL A. MILES AS A DIRECTOR	Management	For	For
1.9	ELECT PHILIP J. PURCELL AS A DIRECTOR	Management	For	For
1.10	ELECT JOE M. RODGERS AS A DIRECTOR	Management	For	For
1.11	ELECT JUDITH RODIN, PH.D. AS A DIRECTOR	Management	For	For
1.12	ELECT ROGER T. STAUBACH AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2004.	Management	For	For
3	STOCKHOLDER PROPOSAL RELATING TO POLITICAL CONTRIBUTIONS.	Shareholder	Against	Against
4	STOCKHOLDER PROPOSAL RELATING TO CHANGE-IN-CONTROL AGREEMENTS.	Shareholder	Against	Against

ISSUER NAME: ARCH CHEMICALS, INC. MEETING DATE: 04/23/2004
TICKER: ARJ     SECURITY ID: 03937R102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD E. CAVANAGH AS A DIRECTOR	Management	For	For
1.2	ELECT MICHAEL O. MAGDOL AS A DIRECTOR	Management	For	For
1.3	ELECT JANICE J. TEAL AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS	Management	For	For

ISSUER NAME: ASTEC INDUSTRIES, INC. MEETING DATE: 04/27/2004
TICKER: ASTE     SECURITY ID: 046224101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT J. DON BROCK AS A DIRECTOR	Management	For	For
1.2	ELECT ALBERT E. GUTH AS A DIRECTOR	Management	For	For
1.3	ELECT W. NORMAN SMITH AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM B. SANSOM AS A DIRECTOR	Management	For	For
2	TO VOTE FOR THE ELECTION AS DIRECTOR OF THE COMPANY IN CLASS II OF THE NOMINEE SET FORTH BELOW TO SERVE UNTIL THE 2006 ANNUAL MEETING OF SHAREHOLDERS, OR UNTIL HIS SUCCESSOR IS DULY ELECTED AND QUALIFIED, AS SET FORTH IN THE ACCOMPANYING PROXY STATEMENT: DOUGLAS MOFFAT	Management	For	For
3	TO VOTE IN ACCORDANCE WITH THEIR BEST JUDGMENT UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENTS THEREOF.	Management	For	Abstain

ISSUER NAME: AUTONATION, INC. MEETING DATE: 05/12/2004
TICKER: AN     SECURITY ID: 05329W102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MIKE JACKSON AS A DIRECTOR	Management	For	For
1.2	ELECT ROBERT J. BROWN AS A DIRECTOR	Management	For	For
1.3	ELECT J.P. BRYAN AS A DIRECTOR	Management	For	For
1.4	ELECT RICK L. BURDICK AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM C. CROWLEY AS A DIRECTOR	Management	For	For
1.6	ELECT ALAN S. DAWES AS A DIRECTOR	Management	For	For
1.7	ELECT EDWARD S. LAMPERT AS A DIRECTOR	Management	For	For
1.8	ELECT IRENE B. ROSENFELD AS A DIRECTOR	Management	For	For
2	RATIFICATION OF KPMG LLP IS RECOMMENDED BY THE BOARD OF DIRECTORS	Management	For	For

ISSUER NAME: AUTOZONE, INC. MEETING DATE: 12/11/2003
TICKER: AZO     SECURITY ID: 053332102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CHARLES M. ELSON AS A DIRECTOR	Management	For	For
1.2	ELECT MARSHA J. EVANS AS A DIRECTOR	Management	For	For
1.3	ELECT EARL G. GRAVES, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT N. GERRY HOUSE AS A DIRECTOR	Management	For	For
1.5	ELECT J.R. HYDE, III AS A DIRECTOR	Management	For	For
1.6	ELECT EDWARD S. LAMPERT AS A DIRECTOR	Management	For	For
1.7	ELECT W. ANDREW MCKENNA AS A DIRECTOR	Management	For	For
1.8	ELECT STEVE ODLAND AS A DIRECTOR	Management	For	For
1.9	ELECT JAMES J. POSTL AS A DIRECTOR	Management	For	For
2	RATIFICATION OF INDEPENDENT AUDITORS.	Management	For	For

ISSUER NAME: BALDOR ELECTRIC COMPANY MEETING DATE: 04/24/2004
TICKER: BEZ     SECURITY ID: 057741100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT R.S. BOREHAM, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT R.L. QUALLS AS A DIRECTOR	Management	For	For
1.3	ELECT BARRY K. ROGSTAD AS A DIRECTOR	Management	For	For

ISSUER NAME: BEAZER HOMES USA, INC. MEETING DATE: 02/10/2004
TICKER: BZH     SECURITY ID: 07556Q105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LAURENT ALPERT AS A DIRECTOR	Management	For	For
1.2	ELECT KATIE J. BAYNE AS A DIRECTOR	Management	For	For
1.3	ELECT BRIAN C. BEAZER AS A DIRECTOR	Management	For	For
1.4	ELECT IAN J. MCCARTHY AS A DIRECTOR	Management	For	For
1.5	ELECT MAUREEN E. O'CONNELL AS A DIRECTOR	Management	For	For
1.6	ELECT LARRY T. SOLARI AS A DIRECTOR	Management	For	For
1.7	ELECT STEPHEN P. ZELNAK, JR. AS A DIRECTOR	Management	For	For
2	PROPOSAL TO AMEND THE AMENDED AND RESTATED 1999 STOCK INCENTIVE PLAN.	Management	For	For

ISSUER NAME: BOMBARDIER INC MEETING DATE: 06/01/2004
TICKER: --     SECURITY ID: 097751200
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE THE CONSOLIDATED FINANCIAL STATEMENTS OF THE BOMBARDIER INC. FOR THE FY 31 JAN 2004 AND THE AUDITORS REPORT THEREON	N/A	N/A	N/A
2	ELECT MR. LAURENT BEAUDOIN AS A DIRECTOR	Management	Unknown	For
3	ELECT MR. JALYNN H. BENNETT AS A DIRECTOR	Management	Unknown	For
4	ELECT MR. ANDRE BERARD AS A DIRECTOR	Management	Unknown	For
5	ELECT MR. J.R. ANDRE BOMBARDIER AS A DIRECTOR	Management	Unknown	For
6	ELECT MR. JANINE BOMBARDIER AS A DIRECTOR	Management	Unknown	For
7	ELECT MR. L. DENIS DESAUTELS AS A DIRECTOR	Management	Unknown	For
8	ELECT MR. JEAN-LOUIS FONTAINE AS A DIRECTOR	Management	Unknown	For
9	ELECT MR. DANIEL JOHNSON AS A DIRECTOR	Management	Unknown	For
10	ELECT MR. MICHAEL H. MCCAIN AS A DIRECTOR	Management	Unknown	For
11	ELECT MR. JEAN C. MONTY AS A DIRECTOR	Management	Unknown	For
12	ELECT MR. JAMES E. PERRELLA AS A DIRECTOR	Management	Unknown	For
13	ELECT MR. CARLOS E. REPRESAS AS A DIRECTOR	Management	Unknown	For
14	ELECT MR. FEDERICO SADA G. AS A DIRECTOR	Management	Unknown	For
15	ELECT MR. PAUL M. TELLIER AS A DIRECTOR	Management	Unknown	For
16	APPOINT ERNST & YOUNG, LLP CHARTERED ACCOUNTANTS AS THE AUDITORS	Management	Unknown	For
17	PLEASE NOTE THAT THIS IS SHAREHOLDERS PROPOSAL: AMEND THE CORPORATE BY-LAWS TO INCLUDE A CUSTOMER CODE OF ETHICS AND SATISFACTION TO ENSURE THAT THE COMPANY ADHERES TO THE HIGHEST STANDARDS OF BEHAVIOUR IN ALL OF ITS RELATIONS WITH CUSTOMERS AND PROSPECTIVE CUSTOMERS TO ENSURE CUSTOMER SATISFACTION	Management	Unknown	Against
18	TRANSACT ANY OTHER BUSINESS	N/A	N/A	N/A

ISSUER NAME: BORGWARNER INC. MEETING DATE: 04/21/2004
TICKER: BWA     SECURITY ID: 099724106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JERE A. DRUMMOND AS A DIRECTOR	Management	For	For
1.2	ELECT TIMOTHY M. MANGANELLO AS A DIRECTOR	Management	For	For
1.3	ELECT ERNEST J. NOVAK, JR. AS A DIRECTOR	Management	For	For
2	TO VOTE UPON A PROPOSAL TO APPROVE THE BORGWARNER INC. 2004 STOCK INCENTIVE PLAN.	Management	For	Against
3	TO VOTE UPON A PROPOSAL TO APPROVE AN AMENDMENT TO THE COMPANY S RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE AUTHORIZED COMMON STOCK OF THE COMPANY IN ORDER TO PERMIT, AMONG OTHER THINGS, A 2-FOR-1 STOCK SPLIT.	Management	For	For
4	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE COMPANY FOR 2004.	Management	For	For

ISSUER NAME: C.H. ROBINSON WORLDWIDE, INC. MEETING DATE: 05/20/2004
TICKER: CHRW     SECURITY ID: 12541W100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT D.R. VERDOORN AS A DIRECTOR	Management	For	For
1.2	ELECT MICHAEL W. WICKHAM AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS.	Management	For	For

ISSUER NAME: CABOT MICROELECTRONICS CORPORATION MEETING DATE: 03/09/2004
TICKER: CCMP     SECURITY ID: 12709P103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JUAN ENRIQUEZ-CABOT AS A DIRECTOR	Management	For	For
1.2	ELECT H. LAURANCE FULLER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE ELECTION OF WILLIAM P. NOGLOWS TO THE COMPANY S BOARD OF DIRECTORS FOR THE TERM EXPIRING IN 2006.	Management	For	For
3	RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR FISCAL 2004.	Management	For	For
4	APPROVAL OF THE SECOND AMENDED AND RESTATED 2000 EQUITY INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: CARLISLE COMPANIES INCORPORATED MEETING DATE: 04/20/2004
TICKER: CSL     SECURITY ID: 142339100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DONALD G. CALDER AS A DIRECTOR	Management	For	For
1.2	ELECT ROBIN S. CALLAHAN AS A DIRECTOR	Management	For	For
1.3	ELECT ERIBERTO R. SCOCIMARA AS A DIRECTOR	Management	For	For
2	APPROVE THE COMPANY S AMENDED AND RESTATED EXECUTIVE INCENTIVE PROGRAM.	Management	For	Against
3	APPROVE THE COMPANY S SENIOR MANAGEMENT INCENTIVE COMPENSATION PLAN.	Management	For	For

ISSUER NAME: CATERPILLAR INC. MEETING DATE: 04/14/2004
TICKER: CAT     SECURITY ID: 149123101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN T. DILLON AS A DIRECTOR	Management	For	For
1.2	ELECT JUAN GALLARDO AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM A. OSBORN AS A DIRECTOR	Management	For	For
1.4	ELECT GORDON R. PARKER AS A DIRECTOR	Management	For	For
1.5	ELECT EDWARD B. RUST, JR. AS A DIRECTOR	Management	For	For
2	AMEND OPTION PLAN	Management	For	Against
3	RATIFY AUDITORS	Management	For	For
4	STOCKHOLDER PROPOSAL - RIGHTS PLAN	Shareholder	Against	For
5	STOCKHOLDER PROPOSAL - SALE OF EQUIPMENT TO ISRAEL	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL - HIV/AIDS	Shareholder	Against	Against

ISSUER NAME: CLAYTON HOMES, INC. MEETING DATE: 07/30/2003
TICKER: CMH     SECURITY ID: 184190106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PROPOSAL TO ADOPT THE AGREEMENT AND PLAN OF MERGER, DATED AS OF APRIL 1, 2003, BY AND AMONG BERKSHIRE HATHAWAY INC., B MERGER SUB INC. AND CLAYTON HOMES, INC., AS THE MERGER AGREEMENT MAY BE AMENDED FROM TIME TO TIME.	Management	For	Against

ISSUER NAME: CNF INC. MEETING DATE: 04/20/2004
TICKER: CNF     SECURITY ID: 12612W104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT W. KEITH KENNEDY, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN C. POPE AS A DIRECTOR	Management	For	For
1.3	ELECT GREGORY L. QUESNEL AS A DIRECTOR	Management	For	For
1.4	ELECT PETER W. STOTT AS A DIRECTOR	Management	For	For
2	RATIFY APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For

ISSUER NAME: COGNEX CORPORATION MEETING DATE: 04/22/2004
TICKER: CGNX     SECURITY ID: 192422103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT J. SHILLMAN AS A DIRECTOR	Management	For	For
1.2	ELECT ANTHONY SUN AS A DIRECTOR	Management	For	For

ISSUER NAME: CONTINENTAL AIRLINES, INC. MEETING DATE: 03/12/2004
TICKER: CAL     SECURITY ID: 210795308
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THOMAS J. BARRACK, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT GORDON M. BETHUNE AS A DIRECTOR	Management	For	For
1.3	ELECT KIRBYJON H. CALDWELL AS A DIRECTOR	Management	For	For
1.4	ELECT LAWRENCE W. KELLNER AS A DIRECTOR	Management	For	For
1.5	ELECT DOUGLAS H. MCCORKINDALE AS A DIRECTOR	Management	For	For
1.6	ELECT HENRY L. MEYER III AS A DIRECTOR	Management	For	For
1.7	ELECT GEORGE G. C. PARKER AS A DIRECTOR	Management	For	For
1.8	ELECT KAREN HASTIE WILLIAMS AS A DIRECTOR	Management	For	For
1.9	ELECT RONALD B. WOODARD AS A DIRECTOR	Management	For	For
1.10	ELECT CHARLES A. YAMARONE AS A DIRECTOR	Management	For	For
2	PROPOSAL TO ADOPT 2004 EMPLOYEE STOCK PURCHASE PLAN	Management	For	For
3	RATIFICATION OF INDEPENDENT AUDITORS	Management	For	For
4	PROPOSAL TO RECOMMEND RETENTION OF STOCKHOLDERS RIGHTS AGREEMENT	Management	For	Against
5	PROPOSAL OF STOCKHOLDER	Shareholder	Against	Against
6	PLEASE MARK THE FOR BOX ONLY IF ANY STOCK OWNED OF RECORD OR BENEFICIALLY BY YOU IS OWNED OR CONTROLLED BY NON-U.S. CITIZENS (AS DEFINED IN THE PROXY STATEMENT).	Management	Unknown	Abstain

ISSUER NAME: COOPER CAMERON CORPORATION MEETING DATE: 05/13/2004
TICKER: CAM     SECURITY ID: 216640102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LAMAR NORSWORTHY AS A DIRECTOR	Management	For	For
1.2	ELECT MICHAEL E. PATRICK AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF INDEPENDENT AUDITORS FOR 2004	Management	For	For
3	VOTE ON A STOCKHOLDER PROPOSAL	Shareholder	Against	Against

ISSUER NAME: COOPER INDUSTRIES, LTD. MEETING DATE: 04/27/2004
TICKER: CBE     SECURITY ID: G24182100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT S.G. BUTLER AS A DIRECTOR	Management	For	For
1.2	ELECT D.F. SMITH AS A DIRECTOR	Management	For	For
1.3	ELECT G.B. SMITH AS A DIRECTOR	Management	For	For
2	APPOINT ERNST & YOUNG AS INDEPENDENT AUDITORS FOR THE YEAR ENDING 12/31/2004.	Management	For	For
3	APPROVE THE AMENDED AND RESTATED STOCK INCENTIVE PLAN.	Management	For	Against
4	SHAREHOLDER PROPOSAL RELATING TO SOCIAL AND ENVIRONMENTAL ISSUES RELATED TO SUSTAINABILITY.	Shareholder	Against	Against
5	SHAREHOLDER PROPOSAL RELATING TO EXECUTIVE EQUITY COMPENSATION PLANS.	Shareholder	Against	Against

ISSUER NAME: COPART, INC. MEETING DATE: 12/08/2003
TICKER: CPRT     SECURITY ID: 217204106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WILLIS J. JOHNSON AS A DIRECTOR	Management	For	For
1.2	ELECT A. JAYSON ADAIR AS A DIRECTOR	Management	For	For
1.3	ELECT HAROLD BLUMENSTEIN AS A DIRECTOR	Management	For	For
1.4	ELECT JAMES GROSFELD AS A DIRECTOR	Management	For	For
1.5	ELECT JAMES E. MEEKS AS A DIRECTOR	Management	For	For
1.6	ELECT MARVIN L. SCHMIDT AS A DIRECTOR	Management	For	For
1.7	ELECT JONATHAN VANNINI AS A DIRECTOR	Management	For	For
2	TO APPROVE THE AMENDMENT AND RESTATEMENT OF OUR 1994 EMPLOYEE STOCK PURCHASE PLAN, AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT.	Management	For	For
3	RATIFY THE SELECTION OF KPMG LLP AS INDEPENDENT AUDITORS FOR THE COMPANY FOR THE CURRENT FISCAL YEAR ENDING JULY 31, 2004.	Management	For	For

ISSUER NAME: CSX CORPORATION MEETING DATE: 05/05/2004
TICKER: CSX     SECURITY ID: 126408103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT E.E. BAILEY AS A DIRECTOR	Management	For	For
1.2	ELECT R.L. BURRUS, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT E.J. KELLY, III AS A DIRECTOR	Management	For	For
1.4	ELECT R.D. KUNISCH AS A DIRECTOR	Management	For	For
1.5	ELECT S.J. MORCOTT AS A DIRECTOR	Management	For	For
1.6	ELECT D.M. RATCLIFFE AS A DIRECTOR	Management	For	For
1.7	ELECT C.E. RICE AS A DIRECTOR	Management	For	For
1.8	ELECT W.C. RICHARDSON AS A DIRECTOR	Management	For	For
1.9	ELECT F.S. ROYAL, M.D. AS A DIRECTOR	Management	For	For
1.10	ELECT D.J. SHEPARD AS A DIRECTOR	Management	For	For
1.11	ELECT M.J. WARD AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS.	Management	For	For
3	SHAREHOLDER PROPOSAL REGARDING EXECUTIVE COMPENSATION.	Shareholder	Against	Against
4	SHAREHOLDER PROPOSAL REGARDING POISON PILL PROVISIONS.	Shareholder	Against	For
5	SHAREHOLDER PROPOSAL REGARDING SEVERANCE AGREEMENTS.	Shareholder	Against	Against

ISSUER NAME: CUMMINS INC. MEETING DATE: 09/16/2003
TICKER: CMI     SECURITY ID: 231021106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT J. DARNALL AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN M. DEUTCH AS A DIRECTOR	Management	For	For
1.3	ELECT WALTER Y. ELISHA AS A DIRECTOR	Management	For	For
1.4	ELECT ALEXIS M. HERMAN AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM I. MILLER AS A DIRECTOR	Management	For	For
1.6	ELECT WILLIAM D. RUCKELSHAUS AS A DIRECTOR	Management	For	For
1.7	ELECT THEODORE M. SOLSO AS A DIRECTOR	Management	For	For
1.8	ELECT FRANKLIN A. THOMAS AS A DIRECTOR	Management	For	For
1.9	ELECT J. LAWRENCE WILSON AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS AUDITORS FOR THE YEAR 2003.	Management	For	For
3	PROPOSAL TO APPROVE THE CUMMINS INC. 2003 STOCK INCENTIVE PLAN.	Management	For	For

ISSUER NAME: CUMMINS INC. MEETING DATE: 04/06/2004
TICKER: CMI     SECURITY ID: 231021106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT J. DARNALL AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN M. DEUTCH AS A DIRECTOR	Management	For	For
1.3	ELECT ALEXIS M. HERMAN AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM I. MILLER AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM D. RUCKELSHAUS AS A DIRECTOR	Management	For	For
1.6	ELECT THEODORE M. SOLSO AS A DIRECTOR	Management	For	For
1.7	ELECT J. LAWRENCE WILSON AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS AUDITORS FOR THE YEAR 2004.	Management	For	For

ISSUER NAME: D.R. HORTON, INC. MEETING DATE: 01/29/2004
TICKER: DHI     SECURITY ID: 23331A109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DONALD R. HORTON AS A DIRECTOR	Management	For	For
1.2	ELECT BRADLEY S. ANDERSON AS A DIRECTOR	Management	For	For
1.3	ELECT MICHAEL R. BUCHANAN AS A DIRECTOR	Management	For	For
1.4	ELECT RICHARD I. GALLAND AS A DIRECTOR	Management	For	For
1.5	ELECT FRANCINE I. NEFF AS A DIRECTOR	Management	For	For
1.6	ELECT DONALD J. TOMNITZ AS A DIRECTOR	Management	For	For
1.7	ELECT BILL W. WHEAT AS A DIRECTOR	Management	For	For
2	AMENDMENT TO THE D.R. HORTON, INC. 2000 INCENTIVE BONUS PLAN	Management	For	For
3	IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON OTHER BUSINESS PROPERLY BROUGHT BEFORE THE MEETING OR ANY ADJOURNMENT.	Management	For	Abstain

ISSUER NAME: DELPHI CORPORATION MEETING DATE: 05/06/2004
TICKER: DPH     SECURITY ID: 247126105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT OSCAR BERNARDES AS A DIRECTOR	Management	For	For
1.2	ELECT DR. BERND GOTTSCHALK AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN D. OPIE AS A DIRECTOR	Management	For	For
2	RATIFY SELECTION OF DELOITTE & TOUCHE LLP AS INDEPENDENT ACCOUNTANTS	Management	For	For
3	APPROVE THE DELPHI CORPORATION ANNUAL INCENTIVE PLAN	Management	For	For
4	APPROVE THE DELPHI CORPORATION LONG-TERM INCENTIVE PLAN	Management	For	Against
5	STOCKHOLDER PROPOSAL RELATING TO THE REDEMPTION OF DELPHI S STOCKHOLDER RIGHTS PLAN	Shareholder	Against	For
6	STOCKHOLDER PROPOSAL RELATING TO THE ANNUAL ELECTION OF DIRECTORS	Shareholder	Against	For
7	STOCKHOLDER PROPOSAL RELATING TO ADOPTION OF CODE FOR DELPHI S INTERNATIONAL OPERATIONS	Shareholder	Against	Against

ISSUER NAME: DOVER CORPORATION MEETING DATE: 04/20/2004
TICKER: DOV     SECURITY ID: 260003108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT D.H. BENSON AS A DIRECTOR	Management	For	For
1.2	ELECT J-P.M. ERGAS AS A DIRECTOR	Management	For	For
1.3	ELECT K.C. GRAHAM AS A DIRECTOR	Management	For	For
1.4	ELECT R.L. HOFFMAN AS A DIRECTOR	Management	For	For
1.5	ELECT J.L. KOLEY AS A DIRECTOR	Management	For	For
1.6	ELECT R.K. LOCHRIDGE AS A DIRECTOR	Management	For	For
1.7	ELECT T.L. REECE AS A DIRECTOR	Management	For	For
1.8	ELECT B.G. RETHORE AS A DIRECTOR	Management	For	For
1.9	ELECT G.L. ROUBOS AS A DIRECTOR	Management	For	For
1.10	ELECT M.B. STUBBS AS A DIRECTOR	Management	For	For
2	TO CONSIDER AND APPROVE THE 2005 EQUITY AND CASH INCENTIVE PLAN.	Management	For	For
3	TO TRANSACT SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING.	Management	For	Abstain

ISSUER NAME: DURA AUTOMOTIVE SYSTEMS, INC. MEETING DATE: 05/19/2004
TICKER: DRRA     SECURITY ID: 265903104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CHARLES M. BRENNAN III AS A DIRECTOR	Management	For	For
1.2	ELECT LAWRENCE A. DENTON AS A DIRECTOR	Management	For	For
1.3	ELECT JACK K. EDWARDS AS A DIRECTOR	Management	For	For
1.4	ELECT J. O. FUTTERKNECHT, JR. AS A DIRECTOR	Management	For	For
1.5	ELECT YOUSIF B. GHAFARI AS A DIRECTOR	Management	For	For
1.6	ELECT S.A. JOHNSON AS A DIRECTOR	Management	For	For
1.7	ELECT J. RICHARD JONES AS A DIRECTOR	Management	For	For
1.8	ELECT SCOTT D. RUED AS A DIRECTOR	Management	For	For
1.9	ELECT RALPH R. WHITNEY, JR. AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT PUBLIC ACCOUNTANTS OF DURA.	Management	For	For
3	TO APPROVE THE AMENDED AND RESTATED DURA AUTOMOTIVE SYSTEMS, INC. 1998 STOCK INCENTIVE PLAN.	Management	For	For

ISSUER NAME: E. I. DU PONT DE NEMOURS AND COMPANY MEETING DATE: 04/28/2004
TICKER: DD     SECURITY ID: 263534109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT A.J.P. BELDA AS A DIRECTOR	Management	For	For
1.2	ELECT R.H. BROWN AS A DIRECTOR	Management	For	For
1.3	ELECT C.J. CRAWFORD AS A DIRECTOR	Management	For	For
1.4	ELECT J.T. DILLON AS A DIRECTOR	Management	For	For
1.5	ELECT L.C. DUEMLING AS A DIRECTOR	Management	For	For
1.6	ELECT C.O. HOLLIDAY, JR. AS A DIRECTOR	Management	For	For
1.7	ELECT D.C. HOPKINS AS A DIRECTOR	Management	For	For
1.8	ELECT L.D. JULIBER AS A DIRECTOR	Management	For	For
1.9	ELECT M. NAITOH AS A DIRECTOR	Management	For	For
1.10	ELECT W.K. REILLY AS A DIRECTOR	Management	For	For
1.11	ELECT H.R. SHARP, III AS A DIRECTOR	Management	For	For
1.12	ELECT C.M. VEST AS A DIRECTOR	Management	For	For
2	ON RATIFICATION OF ACCOUNTANTS	Management	For	For
3	ON GOVERNMENT SERVICE	Shareholder	Against	Against
4	ON INTERNATIONAL WORKPLACE STANDARDS	Shareholder	Against	Against
5	ON EXECUTIVE COMPENSATION	Shareholder	Against	Against

ISSUER NAME: EASTMAN CHEMICAL COMPANY MEETING DATE: 05/06/2004
TICKER: EMN     SECURITY ID: 277432100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RENEE J. HORNBAKER AS A DIRECTOR	Management	For	Withhold
1.2	ELECT THOMAS H. MCLAIN AS A DIRECTOR	Management	For	Withhold
1.3	ELECT PETER M. WOOD AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS	Management	For	For
3	ADOPTION OF STOCKHOLDER PROPOSAL TO UTILIZE RESTRICTED SHARES IN LIEU OF STOCK OPTIONS AS EXECUTIVE STOCK-BASED COMPENSATION	Shareholder	Against	Against

ISSUER NAME: EMCOR GROUP, INC. MEETING DATE: 06/10/2004
TICKER: EME     SECURITY ID: 29084Q100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT F. MACINNIS AS A DIRECTOR	Management	For	For
1.2	ELECT S. BERSHAD AS A DIRECTOR	Management	For	For
1.3	ELECT D. BROWN AS A DIRECTOR	Management	For	For
1.4	ELECT L. BUMP AS A DIRECTOR	Management	For	For
1.5	ELECT A. FRIED AS A DIRECTOR	Management	For	For
1.6	ELECT R. HAMM AS A DIRECTOR	Management	For	For
1.7	ELECT M. YONKER AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS.	Management	For	For

ISSUER NAME: FEDEX CORPORATION MEETING DATE: 09/29/2003
TICKER: FDX     SECURITY ID: 31428X106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT AUGUST A. BUSCH IV AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN A. EDWARDSON AS A DIRECTOR	Management	For	For
1.3	ELECT GEORGE J. MITCHELL AS A DIRECTOR	Management	For	For
1.4	ELECT JOSHUA I. SMITH AS A DIRECTOR	Management	For	For
2	APPROVAL OF INCENTIVE STOCK PLAN.	Management	For	Against
3	RATIFICATION OF INDEPENDENT AUDITORS.	Management	For	For
4	STOCKHOLDER PROPOSAL REGARDING DECLASSIFICATION OF THE BOARD OF DIRECTORS.	Shareholder	Against	For

ISSUER NAME: FERRO CORPORATION MEETING DATE: 04/30/2004
TICKER: FOE     SECURITY ID: 315405100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL H. BULKIN AS A DIRECTOR	Management	For	For
1.2	ELECT MICHAEL F. MEE AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM J. SHARP AS A DIRECTOR	Management	For	For
1.4	ELECT ALBERTO WEISSER AS A DIRECTOR	Management	For	For

ISSUER NAME: FIDELITY CASH CENTRAL FUND MEETING DATE: 04/14/2004
TICKER: --     SECURITY ID: 31635A105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO AMEND THE TRUST INSTRUMENT TO ALLOW THE BOARD OF TRUSTEES, IF PERMITTED BY APPLICABLE LAW, TO AUTHORIZE FUND MERGERS WITHOUT SHAREHOLDER APPROVAL.	Management	For	For
2.1	ELECT J. MICHAEL COOK AS A DIRECTOR	Management	For	For
2.2	ELECT RALPH F. COX AS A DIRECTOR	Management	For	For
2.3	ELECT LAURA B. CRONIN AS A DIRECTOR	Management	For	For
2.4	ELECT ROBERT M. GATES AS A DIRECTOR	Management	For	For
2.5	ELECT GEORGE H. HEILMEIER AS A DIRECTOR	Management	For	For
2.6	ELECT ABIGAIL P. JOHNSON AS A DIRECTOR	Management	For	For
2.7	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	For
2.8	ELECT DONALD J. KIRK AS A DIRECTOR	Management	For	For
2.9	ELECT MARIE L. KNOWLES AS A DIRECTOR	Management	For	For
2.10	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	For
2.11	ELECT MARVIN L. MANN AS A DIRECTOR	Management	For	For
2.12	ELECT WILLIAM O. MCCOY AS A DIRECTOR	Management	For	For
2.13	ELECT ROBERT L. REYNOLDS AS A DIRECTOR	Management	For	For
2.14	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	For

ISSUER NAME: FIDELITY SECURITIES LENDING CASH CENTRAL FUND MEETING DATE: 04/14/2004
TICKER: --     SECURITY ID: 31635A303
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO AMEND THE DECLARATION OF TRUST TO ALLOW THE BOARD OF TRUSTEES, IF PERMITTED BY APPLICABLE LAW, TO AUTHORIZE FUND MERGERS WITHOUT SHAREHOLDER APPROVAL.	Management	For	For
2.1	ELECT J. MICHAEL COOK AS A DIRECTOR	Management	For	For
2.2	ELECT RALPH F. COX AS A DIRECTOR	Management	For	For
2.3	ELECT LAURA B. CRONIN AS A DIRECTOR	Management	For	For
2.4	ELECT ROBERT M. GATES AS A DIRECTOR	Management	For	For
2.5	ELECT GEORGE H. HEILMEIER AS A DIRECTOR	Management	For	For
2.6	ELECT ABIGAIL P. JOHNSON AS A DIRECTOR	Management	For	For
2.7	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	For
2.8	ELECT DONALD J. KIRK AS A DIRECTOR	Management	For	For
2.9	ELECT MARIE L. KNOWLES AS A DIRECTOR	Management	For	For
2.10	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	For
2.11	ELECT MARVIN L. MANN AS A DIRECTOR	Management	For	For
2.12	ELECT WILLIAM O. MCCOY AS A DIRECTOR	Management	For	For
2.13	ELECT ROBERT L. REYNOLDS AS A DIRECTOR	Management	For	For
2.14	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	For

ISSUER NAME: FORD MOTOR COMPANY MEETING DATE: 05/13/2004
TICKER: F     SECURITY ID: 345370860
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN R. H. BOND AS A DIRECTOR	Management	For	For
1.2	ELECT STEPHEN G. BUTLER AS A DIRECTOR	Management	For	For
1.3	ELECT KIMBERLY A. CASIANO AS A DIRECTOR	Management	For	For
1.4	ELECT EDSEL B. FORD II AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM CLAY FORD AS A DIRECTOR	Management	For	For
1.6	ELECT WILLIAM CLAY FORD, JR. AS A DIRECTOR	Management	For	For
1.7	ELECT IRVINE O. HOCKADAY, JR. AS A DIRECTOR	Management	For	For
1.8	ELECT MARIE-JOSEE KRAVIS AS A DIRECTOR	Management	For	For
1.9	ELECT RICHARD A. MANOOGIAN AS A DIRECTOR	Management	For	For
1.10	ELECT ELLEN R. MARRAM AS A DIRECTOR	Management	For	For
1.11	ELECT HOMER A. NEAL AS A DIRECTOR	Management	For	For
1.12	ELECT JORMA OLLILA AS A DIRECTOR	Management	For	For
1.13	ELECT CARL E. REICHARDT AS A DIRECTOR	Management	For	For
1.14	ELECT ROBERT E. RUBIN AS A DIRECTOR	Management	For	For
1.15	ELECT NICHOLAS V. SCHEELE AS A DIRECTOR	Management	For	For
1.16	ELECT JOHN L. THORNTON AS A DIRECTOR	Management	For	For
2	RATIFICATION OF SELECTION OF INDEPENDENT PUBLIC ACCOUNTANTS	Management	For	For
3	RELATING TO DISCLOSURE OF OFFICERS COMPENSATION	Shareholder	Against	Against
4	RELATING TO ESTABLISHING A COMMITTEE OF THE BOARD OF DIRECTORS TO EVALUATE ANY CONFLICT OF INTEREST	Shareholder	Against	Against
5	RELATING TO TERMINATING CERTAIN FORMS OF COMPENSATION FOR NAMED EXECUTIVES	Shareholder	Against	Against
6	RELATING TO LIMITING THE NUMBER OF EMPLOYEES APPOINTED AS DIRECTORS	Shareholder	Against	Against
7	RELATING TO THE COMPANY REPORTING ON GREENHOUSE GAS EMISSIONS	Shareholder	Against	Against

ISSUER NAME: GATX CORPORATION MEETING DATE: 04/23/2004
TICKER: GMT     SECURITY ID: 361448103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROD F. DAMMEYER AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES M. DENNY AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD FAIRBANKS AS A DIRECTOR	Management	For	For
1.4	ELECT DEBORAH M. FRETZ AS A DIRECTOR	Management	For	For
1.5	ELECT MILES L. MARSH AS A DIRECTOR	Management	For	For
1.6	ELECT MICHAEL E. MURPHY AS A DIRECTOR	Management	For	For
1.7	ELECT RONALD H. ZECH AS A DIRECTOR	Management	For	For
2	APPROVAL OF AUDITORS	Management	For	For
3	APPROVAL OF 2004 EQUITY INCENTIVE COMPENSATION PLAN	Management	For	Against
4	APPROVAL OF CASH INCENTIVE COMPENSATION PLAN	Management	For	Against

ISSUER NAME: GENERAL ELECTRIC COMPANY MEETING DATE: 04/28/2004
TICKER: GE     SECURITY ID: 369604103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES I. CASH, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT DENNIS D. DAMMERMAN AS A DIRECTOR	Management	For	For
1.3	ELECT ANN M. FUDGE AS A DIRECTOR	Management	For	For
1.4	ELECT CLAUDIO X. GONZALEZ AS A DIRECTOR	Management	For	For
1.5	ELECT JEFFREY R. IMMELT AS A DIRECTOR	Management	For	For
1.6	ELECT ANDREA JUNG AS A DIRECTOR	Management	For	For
1.7	ELECT ALAN G. LAFLEY AS A DIRECTOR	Management	For	For
1.8	ELECT KENNETH G. LANGONE AS A DIRECTOR	Management	For	For
1.9	ELECT RALPH S. LARSEN AS A DIRECTOR	Management	For	For
1.10	ELECT ROCHELLE B. LAZARUS AS A DIRECTOR	Management	For	For
1.11	ELECT SAM NUNN AS A DIRECTOR	Management	For	For
1.12	ELECT ROGER S. PENSKE AS A DIRECTOR	Management	For	For
1.13	ELECT ROBERT J. SWIERINGA AS A DIRECTOR	Management	For	For
1.14	ELECT DOUGLAS A. WARNER III AS A DIRECTOR	Management	For	For
1.15	ELECT ROBERT C. WRIGHT AS A DIRECTOR	Management	For	For
2	INDEPENDENT AUDITOR	Management	For	For
3	REVENUE MEASUREMENT ADDED TO EXECUTIVE OFFICER PERFORMANCE GOALS	Management	For	For
4	CUMULATIVE VOTING	Shareholder	Against	Abstain
5	ANIMAL TESTING	Shareholder	Against	Against
6	NUCLEAR RISK	Shareholder	Against	Against
7	REPORT ON PCB CLEANUP COSTS	Shareholder	Against	Against
8	OFFSHORE SOURCING	Shareholder	Against	Against
9	SUSTAINABILITY INDEX	Shareholder	Against	Against
10	COMPENSATION COMMITTEE INDEPENDENCE	Shareholder	Against	Against
11	PAY DISPARITY	Shareholder	Against	Against
12	END STOCK OPTIONS AND BONUSES	Shareholder	Against	Against
13	LIMIT OUTSIDE DIRECTORSHIPS	Shareholder	Against	Against
14	INDEPENDENT BOARD CHAIRMAN	Shareholder	Against	Against
15	EXPLORE SALE OF COMPANY	Shareholder	Against	Against
16	HOLDING STOCK FROM STOCK OPTIONS	Shareholder	Against	Against
17	BOARD INDEPENDENCE	Shareholder	Against	Against
18	POLITICAL CONTRIBUTIONS	Shareholder	Against	Against

ISSUER NAME: GENTEX CORPORATION MEETING DATE: 05/13/2004
TICKER: GNTX     SECURITY ID: 371901109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN MULDER AS A DIRECTOR	Management	For	For
1.2	ELECT FREDERICK SOTOK AS A DIRECTOR	Management	For	For
1.3	ELECT WALLACE TSUHA AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPROVE THE GENTEX CORPORATION QUALIFIED STOCK OPTION PLAN.	Management	For	For
3	PROPOSAL TO AMEND THE ARTICLES OF INCORPORATION TO INCREASE THE AUTHORIZED SHARES OF COMMON STOCK.	Management	For	For
4	RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S AUDITORS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: GEORGIA GULF CORPORATION MEETING DATE: 05/18/2004
TICKER: GGC     SECURITY ID: 373200203
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JERRY R. SATRUM AS A DIRECTOR	Management	For	For
1.2	ELECT EDWARD A. SCHMITT AS A DIRECTOR	Management	For	For
1.3	ELECT YOSHI KAWASHIMA AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP TO SERVE AS INDEPENDENT PUBLIC ACCOUNTANTS FOR GEORGIA GULF FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For
3	TO APPROVE AND ADOPT THE AMENDED AND RESTATED 2002 EQUITY AND PERFORMANCE INCENTIVE PLAN.	Management	For	For
4	TO APPROVE AND ADOPT THE SENIOR EXECUTIVE BONUS PLAN.	Management	For	For

ISSUER NAME: GOODRICH CORPORATION MEETING DATE: 04/27/2004
TICKER: GR     SECURITY ID: 382388106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DIANE C. CREEL AS A DIRECTOR	Management	For	For
1.2	ELECT GEORGE A. DAVIDSON, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT HARRIS E. DELOACH, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT JAMES J. GLASSER AS A DIRECTOR	Management	For	For
1.5	ELECT JAMES W. GRIFFITH AS A DIRECTOR	Management	For	For
1.6	ELECT WILLIAM R. HOLLAND AS A DIRECTOR	Management	For	For
1.7	ELECT MARSHALL O. LARSEN AS A DIRECTOR	Management	For	For
1.8	ELECT DOUGLAS E. OLESEN AS A DIRECTOR	Management	For	For
1.9	ELECT ALFRED M. RANKIN, JR. AS A DIRECTOR	Management	For	For
1.10	ELECT JAMES R. WILSON AS A DIRECTOR	Management	For	For
1.11	ELECT A. THOMAS YOUNG AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2004.	Management	For	For

ISSUER NAME: GRANITE CONSTRUCTION INCORPORATED MEETING DATE: 05/24/2004
TICKER: GVA     SECURITY ID: 387328107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT REBECCA A. MCDONALD AS A DIRECTOR	Management	For	For
1.2	ELECT GEORGE B. SEARLE AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM G. DOREY AS A DIRECTOR	Management	For	For
2	TO APPROVE GRANITE S 1999 EQUITY INCENTIVE PLAN, IN ORDER TO (1) EXTEND THE TERM OF THE PLAN FOR AN ADDITIONAL TEN YEARS ENDING MAY 24, 2014; (2) INCREASE BY 500,000 THE NUMBER OF SHARES OF COMMON STOCK; (3) AUTHORIZE THE ISSUANCE OF RESTRICTED STOCK UNITS AND (4) PRESERVE OUR ABILITY TO DEDUCT IN FULL CERTAIN PLAN-RELATED COMPENSATION UNDER SECTION 162(M).	Management	For	Against
3	TO VOTE ON THE STOCKHOLDER PROPOSAL, IF PROPERLY PRESENTED AT THE MEETING, REQUIRING AN INDEPENDENT DIRECTOR WHO HAS NOT SERVED AS CHIEF EXECUTIVE OFFICER OF GRANITE TO SERVE AS GRANITE S CHAIRMAN OF THE BOARD.	Shareholder	Against	Against
4	TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS GRANITE S INDEPENDENT AUDITOR FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: HERCULES INCORPORATED MEETING DATE: 07/25/2003
TICKER: HPC     SECURITY ID: 427056106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PATRICK DUFF AS A DIRECTOR	Management	For	None
1.2	ELECT THOMAS P. GERRITY AS A DIRECTOR	Management	For	None
1.3	ELECT JOHN K. WULFF AS A DIRECTOR	Management	For	None
1.4	ELECT JOE B. WYATT AS A DIRECTOR	Management	For	None
2	RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS	Management	For	None
3	APPROVAL OF THE HERCULES INCORPORATED OMNIBUS EQUITY COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS	Management	For	None
4	SHAREHOLDER PROPOSAL FOR REDEMPTION OF THE RIGHTS PLAN	Shareholder	Against	None
5	SHAREHOLDER PROPOSAL REQUESTING AMENDMENT OF THE COMPANY S CHARTER TO PROVIDE FOR THE RIGHTS OF SHAREHOLDERS TO TAKE ACTION BY WRITTEN CONSENT AND TO CALL SPECIAL MEETINGS	Shareholder	Against	None

ISSUER NAME: HERCULES INCORPORATED MEETING DATE: 07/25/2003
TICKER: HPC     SECURITY ID: 427056106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECTION OF DIRECTORS (OPPOSITION SLATE)	Management	For	For
1.2	ELECTION OF DIRECTORS (OPPOSITION SLATE)	Management	For	For
1.3	ELECTION OF DIRECTORS (OPPOSITION SLATE)	Management	For	For
1.4	ELECTION OF DIRECTORS (OPPOSITION SLATE)	Management	For	For
2	RATIFY APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
3	APPROVAL OF THE HERCULES INCORPORATED OMNIBUS EQUITY COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS	Management	Against	Against
4	SHAREHOLDER PROPOSAL FOR REDEMPTION OF THE RIGHTS PLAN	Shareholder	For	For
5	SHAREHOLDER PROPOSAL REQUESTING AMENDMENT OF THE COMPANY S CHARTER TO PROVIDE FOR THE RIGHTS OF SHAREHOLDERS TO TAKE ACTION BY WRITTEN CONSENT AND TO CALL SPECIAL MEETINGS	Shareholder	For	For

ISSUER NAME: HERCULES INCORPORATED MEETING DATE: 05/12/2004
TICKER: HPC     SECURITY ID: 427056106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CRAIG A. ROGERSON AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN C. HUNTER, III AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT D. KENNEDY AS A DIRECTOR	Management	For	For
2	APPROVAL OF AMENDMENTS TO THE HERCULES BY-LAWS TO PROVIDE THAT DIRECTORS BE ELECTED BY PLURALITY VOTE	Management	For	Against
3	RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS	Management	For	For
4	APPROVAL OF AMENDMENTS TO THE HERCULES BY-LAWS AND RESTATED CERTIFICATE OF INCORPORATION TO REINSTATE THE RIGHTS OF THE SHAREHOLDERS TO TAKE ACTION BY WRITTEN CONSENT AND TO CALL SPECIAL MEETINGS	Management	For	For

ISSUER NAME: HON INDUSTRIES INC. MEETING DATE: 05/04/2004
TICKER: HNI     SECURITY ID: 438092108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN A. HALBROOK AS A DIRECTOR	Management	For	For
1.2	ELECT DENNIS J. MARTIN AS A DIRECTOR	Management	For	For
1.3	ELECT JACK D. MICHAELS AS A DIRECTOR	Management	For	For
1.4	ELECT ABBIE J. SMITH AS A DIRECTOR	Management	For	For
2	CHANGE THE CORPORATION S NAME TO HNI CORPORATION BY AMENDING SECTION 1.01 OF THE CORPORATION S ARTICLES OF INCORPORATION.	Management	For	For
3	UPDATE ANTI-TAKEOVER PROVISIONS OF THE CORPORATION S ARTICLES OF INCORPORATION TO BE MORE CONSISTENT WITH CURRENT IOWA LAW.	Management	For	For

ISSUER NAME: HONEYWELL INTERNATIONAL INC. MEETING DATE: 04/26/2004
TICKER: HON     SECURITY ID: 438516106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES J. HOWARD AS A DIRECTOR	Management	For	For
1.2	ELECT BRUCE KARATZ AS A DIRECTOR	Management	For	For
1.3	ELECT RUSSELL E. PALMER AS A DIRECTOR	Management	For	For
1.4	ELECT IVAN G. SEIDENBERG AS A DIRECTOR	Management	For	For
1.5	ELECT ERIC K. SHINSEKI AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF INDEPENDENT ACCOUNTANTS	Management	For	For
3	ANNUAL ELECTION OF DIRECTORS	Shareholder	Against	For
4	SHAREOWNER VOTING PROVISIONS	Shareholder	Against	For
5	SHAREOWNER INPUT - GOLDEN PARACHUTES	Shareholder	Against	Against
6	RESOLUTION ON PAY DISPARITY	Shareholder	Against	Against
7	CUMULATIVE VOTING	Shareholder	Against	Abstain

ISSUER NAME: IDEX CORPORATION MEETING DATE: 03/23/2004
TICKER: IEX     SECURITY ID: 45167R104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PAUL E. RAETHER AS A DIRECTOR	Management	For	For
1.2	ELECT NEIL A. SPRINGER AS A DIRECTOR	Management	For	For
1.3	ELECT DENNIS K. WILLIAMS AS A DIRECTOR	Management	For	For
2	APPROVAL OF DELOITTE & TOUCHE LLP AS AUDITORS OF THE COMPANY.	Management	For	For

ISSUER NAME: INGERSOLL-RAND COMPANY LIMITED MEETING DATE: 06/02/2004
TICKER: IR     SECURITY ID: G4776G101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT P.C. GODSOE AS A DIRECTOR	Management	For	For
1.2	ELECT C.J. HORNER AS A DIRECTOR	Management	For	For
1.3	ELECT O.R. SMITH AS A DIRECTOR	Management	For	For
2	ADOPTION OF AMENDED AND RESTATED INCENTIVE STOCK PLAN OF 1998.	Management	For	For
3	APPROVAL OF AMENDED AND RESTATED BYE-LAWS.	Management	For	For
4	APPOINTMENT OF INDEPENDENT AUDITORS AND AUTHORIZATION OF BOARD OF DIRECTORS TO FIX THE AUDITORS REMUNERATION.	Management	For	For
5	SHAREHOLDER PROPOSAL TO DECLASSIFY THE BOARD OF DIRECTORS.	Shareholder	Against	For
6	SHAREHOLDER PROPOSAL TO CHANGE THE COMPANY S JURISDICTION OF INCORPORATION.	Shareholder	Against	Against
7	SHAREHOLDER PROPOSAL TO REQUIRE THE SEPARATION OF THE CHIEF EXECUTIVE OFFICER AND THE CHAIR OF THE BOARD.	Shareholder	Against	Against

ISSUER NAME: ITT INDUSTRIES, INC. MEETING DATE: 05/11/2004
TICKER: ITT     SECURITY ID: 450911102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
2.1	ELECT LOUIS J. GIULIANO AS A DIRECTOR	Management	For	For
2.2	ELECT CURTIS J. CRAWFORD AS A DIRECTOR	Management	For	For
2.3	ELECT CHRISTINA A. GOLD AS A DIRECTOR	Management	For	For
2.4	ELECT RALPH F. HAKE AS A DIRECTOR	Management	For	For
2.5	ELECT JOHN J. HAMRE AS A DIRECTOR	Management	For	For
2.6	ELECT RAYMOND W. LEBOEUF AS A DIRECTOR	Management	For	For
2.7	ELECT FRANK T. MACINNIS AS A DIRECTOR	Management	For	For
2.8	ELECT LINDA S. SANFORD AS A DIRECTOR	Management	For	For
2.9	ELECT MARKOS I. TAMBAKERAS AS A DIRECTOR	Management	For	For

ISSUER NAME: JACOBS ENGINEERING GROUP INC. MEETING DATE: 02/10/2004
TICKER: JEC     SECURITY ID: 469814107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT C. DAVIDSON, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT EDWARD V. FRITZKY AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT B. GWYN AS A DIRECTOR	Management	For	For
1.4	ELECT LINDA K. JACOBS AS A DIRECTOR	Management	For	For
1.5	ELECT BENJAMIN F. MONTOYA AS A DIRECTOR	Management	For	For
2	TO APPROVE ERNST & YOUNG LLP AS AUDITORS	Management	For	For

ISSUER NAME: JOHNSON CONTROLS, INC. MEETING DATE: 01/28/2004
TICKER: JCI     SECURITY ID: 478366107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT L. BARNETT AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIE D. DAVIS AS A DIRECTOR	Management	For	For
1.3	ELECT JEFFREY A. JOERRES AS A DIRECTOR	Management	For	For
1.4	ELECT RICHARD F. TEERLINK AS A DIRECTOR	Management	For	For
2	APPROVAL OF PRICEWATERHOUSECOOPERS AS INDEPENDENT AUDITORS FOR 2004.	Management	For	For
3	RATIFICATION OF THE LONG-TERM PERFORMANCE PLAN.	Management	For	Against
4	RATIFICATION OF THE EXECUTIVE INCENTIVE COMPENSATION PLAN.	Management	For	For
5	RATIFICATION OF THE 2003 STOCK PLAN FOR OUTSIDE DIRECTORS.	Management	For	For
6	APPROVAL OF THE 2001 RESTRICTED STOCK PLAN AMENDMENT.	Management	For	Against

ISSUER NAME: KB HOME MEETING DATE: 04/01/2004
TICKER: KBH     SECURITY ID: 48666K109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RONALD W. BURKLE* AS A DIRECTOR	Management	For	For
1.2	ELECT DR. RAY R. IRANI* AS A DIRECTOR	Management	For	For
1.3	ELECT LESLIE MOONVES* AS A DIRECTOR	Management	For	For
1.4	ELECT LUIS G. NOGALES* AS A DIRECTOR	Management	For	For
1.5	ELECT MELISSA LORA** AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY ERNST & YOUNG LLP AS KB HOME S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING NOVEMBER 30, 2004	Management	For	For

ISSUER NAME: KENNAMETAL INC. MEETING DATE: 10/28/2003
TICKER: KMT     SECURITY ID: 489170100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RONALD M. DEFEO AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM R. NEWLIN AS A DIRECTOR	Management	For	For
1.3	ELECT LAWRENCE W STRANGHOENER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF AUDITORS	Management	For	For

ISSUER NAME: LEAR CORPORATION MEETING DATE: 05/13/2004
TICKER: LEA     SECURITY ID: 521865105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LARRY W. MCCURDY AS A DIRECTOR	Management	For	For
1.2	ELECT ROY E. PARROTT AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD F. WALLMAN AS A DIRECTOR	Management	For	For
2	RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT AUDITORS FOR 2004.	Management	For	For
3	STOCKHOLDER PROPOSAL REGARDING OUR SHAREHOLDER RIGHTS PLAN.	Shareholder	Against	For

ISSUER NAME: LEGGETT & PLATT, INCORPORATED MEETING DATE: 05/05/2004
TICKER: LEG     SECURITY ID: 524660107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RAYMOND F. BENTELE AS A DIRECTOR	Management	For	For
1.2	ELECT RALPH W. CLARK AS A DIRECTOR	Management	For	For
1.3	ELECT HARRY M. CORNELL, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT ROBERT TED ENLOE, III AS A DIRECTOR	Management	For	For
1.5	ELECT RICHARD T. FISHER AS A DIRECTOR	Management	For	For
1.6	ELECT KARL G. GLASSMAN AS A DIRECTOR	Management	For	For
1.7	ELECT DAVID S. HAFFNER AS A DIRECTOR	Management	For	For
1.8	ELECT JUDY C. ODOM AS A DIRECTOR	Management	For	For
1.9	ELECT MAURICE E. PURNELL, JR. AS A DIRECTOR	Management	For	For
1.10	ELECT FELIX E. WRIGHT AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE BOARD S APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For
3	THE APPROVAL OF AN AMENDMENT TO THE 1989 DISCOUNT STOCK PLAN TO AUTHORIZE AN ADDITIONAL 4 MILLION SHARES.	Management	For	For
4	THE APPROVAL OF THE 2004 KEY OFFICERS INCENTIVE PLAN.	Management	For	For

ISSUER NAME: LENNAR CORPORATION MEETING DATE: 03/30/2004
TICKER: LEN     SECURITY ID: 526057104
TICKER: LENB     SECURITY ID: 526057302
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT IRVING BOLOTIN AS A DIRECTOR	Management	For	For
1.2	ELECT R. KIRK LANDON AS A DIRECTOR	Management	For	For
1.3	ELECT DONNA E. SHALALA AS A DIRECTOR	Management	For	For
2	THE PROXIES ARE AUTHORIZED TO VOTE IN THEIR DISCRETION WITH REGARD TO ANY OTHER BUSINESS THAT MAY PROPERLY COME BEFORE THE MEETING.	Management	For	Abstain

ISSUER NAME: LOCKHEED MARTIN CORPORATION MEETING DATE: 04/22/2004
TICKER: LMT     SECURITY ID: 539830109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT E.C."PETE"ALDRIDGE, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT NOLAN D. ARCHIBALD AS A DIRECTOR	Management	For	For
1.3	ELECT NORMAN R. AUGUSTINE AS A DIRECTOR	Management	For	For
1.4	ELECT MARCUS C. BENNETT AS A DIRECTOR	Management	For	For
1.5	ELECT VANCE D. COFFMAN AS A DIRECTOR	Management	For	For
1.6	ELECT GWENDOLYN S. KING AS A DIRECTOR	Management	For	For
1.7	ELECT DOUGLAS H. MCCORKINDALE AS A DIRECTOR	Management	For	For
1.8	ELECT EUGENE F. MURPHY AS A DIRECTOR	Management	For	For
1.9	ELECT JOSEPH W. RALSTON AS A DIRECTOR	Management	For	For
1.10	ELECT FRANK SAVAGE AS A DIRECTOR	Management	For	Withhold
1.11	ELECT ANNE STEVENS AS A DIRECTOR	Management	For	For
1.12	ELECT ROBERT J. STEVENS AS A DIRECTOR	Management	For	For
1.13	ELECT JAMES R. UKROPINA AS A DIRECTOR	Management	For	For
1.14	ELECT DOUGLAS C. YEARLEY AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
3	STOCKHOLDER PROPOSAL BY EVELYN Y. DAVIS	Shareholder	Against	Against
4	STOCKHOLDER PROPOSAL BY JOHN CHEVEDDEN	Shareholder	Against	Against
5	STOCKHOLDER PROPOSAL BY UNITED ASSOCIATION S&P 500 INDEX FUND	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL BY THE SISTERS OF MERCY AND OTHER GROUPS	Shareholder	Against	Against

ISSUER NAME: LYONDELL CHEMICAL COMPANY MEETING DATE: 05/06/2004
TICKER: LYO     SECURITY ID: 552078107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CAROL A. ANDERSON AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM T. BUTLER AS A DIRECTOR	Management	For	For
1.3	ELECT STEPHEN I. CHAZEN AS A DIRECTOR	Management	For	For
1.4	ELECT TRAVIS ENGEN AS A DIRECTOR	Management	For	For
1.5	ELECT S.F. HINCHLIFFE, JR. AS A DIRECTOR	Management	For	For
1.6	ELECT DANNY W. HUFF AS A DIRECTOR	Management	For	For
1.7	ELECT RAY R. IRANI AS A DIRECTOR	Management	For	For
1.8	ELECT DAVID J. LESAR AS A DIRECTOR	Management	For	For
1.9	ELECT DUDLEY C. MECUM AS A DIRECTOR	Management	For	For
1.10	ELECT DAN F. SMITH AS A DIRECTOR	Management	For	For
1.11	ELECT WILLIAM R. SPIVEY AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP, INDEPENDENT AUDITORS, AS THE COMPANY S AUDITORS FOR THE YEAR 2004.	Management	For	For

ISSUER NAME: MARTEN TRANSPORT, LTD. MEETING DATE: 05/04/2004
TICKER: MRTN     SECURITY ID: 573075108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RANDOLPH L. MARTEN AS A DIRECTOR	Management	For	For
1.2	ELECT LARRY B. HAGNESS AS A DIRECTOR	Management	For	For
1.3	ELECT THOMAS J. WINKEL AS A DIRECTOR	Management	For	For
1.4	ELECT JERRY M. BAUER AS A DIRECTOR	Management	For	For
1.5	ELECT CHRISTINE K. MARTEN AS A DIRECTOR	Management	For	For

ISSUER NAME: MARTIN MARIETTA MATERIALS, INC. MEETING DATE: 05/25/2004
TICKER: MLM     SECURITY ID: 573284106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MARCUS C. BENNETT AS A DIRECTOR	Management	For	For
1.2	ELECT DENNIS L. REDIKER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS	Management	For	For

ISSUER NAME: MASCO CORPORATION MEETING DATE: 05/11/2004
TICKER: MAS     SECURITY ID: 574599106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PETER A. DOW* AS A DIRECTOR	Management	For	For
1.2	ELECT ANTHONY F. EARLEY, JR.* AS A DIRECTOR	Management	For	For
1.3	ELECT WAYNE B. LYON* AS A DIRECTOR	Management	For	For
1.4	ELECT DAVID L. JOHNSTON** AS A DIRECTOR	Management	For	For
1.5	ELECT J. MICHAEL LOSH** AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPROVE THE MASCO CORPORATION 2004 RESTRICTED STOCK AWARD PROGRAM.	Management	For	Against
3	RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT AUDITORS FOR THE COMPANY FOR THE YEAR 2004.	Management	For	For

ISSUER NAME: METTLER-TOLEDO INTERNATIONAL INC. MEETING DATE: 05/06/2004
TICKER: MTD     SECURITY ID: 592688105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT F. SPOERRY AS A DIRECTOR	Management	For	For
1.2	ELECT PHILIP CALDWELL AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN T. DICKSON AS A DIRECTOR	Management	For	For
1.4	ELECT PHILIP H. GEIER AS A DIRECTOR	Management	For	For
1.5	ELECT JOHN D. MACOMBER AS A DIRECTOR	Management	For	For
1.6	ELECT HANS ULRICH MAERKI AS A DIRECTOR	Management	For	For
1.7	ELECT GEORGE M. MILNE AS A DIRECTOR	Management	For	For
1.8	ELECT THOMAS P. SALICE AS A DIRECTOR	Management	For	For
2	APPROVAL OF AUDITORS	Management	For	For
3	APPROVAL OF 2004 EQUITY INCENTIVE PLAN	Management	For	For

ISSUER NAME: MILLIPORE CORPORATION MEETING DATE: 04/28/2004
TICKER: MIL     SECURITY ID: 601073109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DANIEL BELLUS AS A DIRECTOR	Management	For	For
1.2	ELECT ROBERT C. BISHOP AS A DIRECTOR	Management	For	For
1.3	ELECT EDWARD M. SCOLNICK AS A DIRECTOR	Management	For	For

ISSUER NAME: MINERALS TECHNOLOGIES INC. MEETING DATE: 05/26/2004
TICKER: MTX     SECURITY ID: 603158106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN B. CURCIO AS A DIRECTOR	Management	For	For
1.2	ELECT PAUL R. SAUERACKER AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM C. STIVERS AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF AUDITORS.	Management	For	For

ISSUER NAME: NAVISTAR INTERNATIONAL CORPORATION MEETING DATE: 02/17/2004
TICKER: NAV     SECURITY ID: 63934E108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL N. HAMMES AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES H. KEYES AS A DIRECTOR	Management	For	For
1.3	ELECT SOUTHWOOD J. MORCOTT AS A DIRECTOR	Management	For	For
2	VOTE TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT AUDITOR.	Management	For	For
3	VOTE TO APPROVE OUR 2004 PERFORMANCE INCENTIVE PLAN.	Management	For	For

ISSUER NAME: NORFOLK SOUTHERN CORPORATION MEETING DATE: 05/13/2004
TICKER: NSC     SECURITY ID: 655844108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ALSTON D. CORRELL AS A DIRECTOR	Management	For	For
1.2	ELECT LANDON HILLIARD AS A DIRECTOR	Management	For	For
1.3	ELECT BURTON M. JOYCE AS A DIRECTOR	Management	For	For
1.4	ELECT JANE MARGARET O'BRIEN AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP, INDEPENDENT PUBLIC ACCOUNTANTS, AS AUDITORS.	Management	For	For

ISSUER NAME: NORTHROP GRUMMAN CORPORATION MEETING DATE: 05/18/2004
TICKER: NOC     SECURITY ID: 666807102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LEWIS W. COLEMAN AS A DIRECTOR	Management	For	For
1.2	ELECT J. MICHAEL COOK AS A DIRECTOR	Management	For	For
1.3	ELECT PHILIP A. ODEEN AS A DIRECTOR	Management	For	For
1.4	ELECT AULANA L. PETERS AS A DIRECTOR	Management	For	For
1.5	ELECT KEVIN W. SHARER AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT AUDITOR.	Management	For	For
3	SHAREHOLDER PROPOSAL REGARDING CRITERIA FOR MILITARY CONTRACTS.	Shareholder	Against	Against
4	SHAREHOLDER PROPOSAL REGARDING THE CLASSIFIED BOARD.	Shareholder	Against	For

ISSUER NAME: NUCOR CORPORATION MEETING DATE: 05/13/2004
TICKER: NUE     SECURITY ID: 670346105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DANIEL R. DIMICCO AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES D. HLAVACEK AS A DIRECTOR	Management	For	For
1.3	ELECT RAYMOND J. MILCHOVICH AS A DIRECTOR	Management	For	For
2	RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS NUCOR S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004	Management	For	For

ISSUER NAME: OLIN CORPORATION MEETING DATE: 04/29/2004
TICKER: OLN     SECURITY ID: 680665205
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL COLEMAN AS A DIRECTOR	Management	For	For
1.2	ELECT DONALD W. GRIFFIN AS A DIRECTOR	Management	For	For
1.3	ELECT RANDALL W. LARRIMORE AS A DIRECTOR	Management	For	For
1.4	ELECT ANTHONY W. RUGGIERO AS A DIRECTOR	Management	For	For
1.5	ELECT PHILIP J. SCHULZ AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For

ISSUER NAME: OSHKOSH TRUCK CORPORATION MEETING DATE: 02/03/2004
TICKER: OSK     SECURITY ID: 688239201
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD M. DONNELLY AS A DIRECTOR	Management	For	For
1.2	ELECT DONALD V. FITES AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD G. SIM AS A DIRECTOR	Management	For	For

ISSUER NAME: OVERSEAS SHIPHOLDING GROUP, INC. MEETING DATE: 06/01/2004
TICKER: OSG     SECURITY ID: 690368105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MORTEN ARNTZEN AS A DIRECTOR	Management	For	For
1.2	ELECT OUDI RECANATI AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT N. COWEN AS A DIRECTOR	Management	For	For
1.4	ELECT G. ALLEN ANDREAS III AS A DIRECTOR	Management	For	For
1.5	ELECT ALAN R. BATKIN AS A DIRECTOR	Management	For	For
1.6	ELECT THOMAS B. COLEMAN AS A DIRECTOR	Management	For	For
1.7	ELECT CHARLES A. FRIBOURG AS A DIRECTOR	Management	For	For
1.8	ELECT STANLEY KOMAROFF AS A DIRECTOR	Management	For	For
1.9	ELECT SOLOMON N. MERKIN AS A DIRECTOR	Management	For	For
1.10	ELECT JOEL I. PICKET AS A DIRECTOR	Management	For	For
1.11	ELECT ARIEL RECANATI AS A DIRECTOR	Management	For	For
1.12	ELECT MICHAEL J. ZIMMERMAN AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2004.	Management	For	For
3	APPROVAL OF THE OVERSEAS SHIPHOLDING GROUP, INC. 2004 STOCK INCENTIVE PLAN.	Management	For	Against
4	APPROVAL OF THE OVERSEAS SHIPHOLDING GROUP, INC. EXECUTIVE PERFORMANCE INCENTIVE PLAN.	Management	For	For

ISSUER NAME: OWENS-ILLINOIS, INC. MEETING DATE: 05/12/2004
TICKER: OI     SECURITY ID: 690768403
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT J. DINEEN AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES H. GREENE, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT THOMAS L. YOUNG AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE 2004 EQUITY INCENTIVE PLAN FOR DIRECTORS OF OWENS-ILLINOIS, INC.	Management	For	For
3	APPROVAL OF THE INCENTIVE BONUS PLAN.	Management	For	For

ISSUER NAME: P.A.M. TRANSPORTATION SERVICES, INC. MEETING DATE: 05/20/2004
TICKER: PTSI     SECURITY ID: 693149106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT FREDERICK P. CALDERONE AS A DIRECTOR	Management	For	For
1.2	ELECT FRANK L. CONNER AS A DIRECTOR	Management	For	For
1.3	ELECT THOMAS H. COOKE AS A DIRECTOR	Management	For	For
1.4	ELECT MANUEL J. MOROUN AS A DIRECTOR	Management	For	For
1.5	ELECT MATTHEW T. MOROUN AS A DIRECTOR	Management	For	For
1.6	ELECT DANIEL C. SULLIVAN AS A DIRECTOR	Management	For	For
1.7	ELECT ROBERT W. WEAVER AS A DIRECTOR	Management	For	For
1.8	ELECT CHARLES F. WILKINS AS A DIRECTOR	Management	For	For

ISSUER NAME: PACCAR INC MEETING DATE: 04/27/2004
TICKER: PCAR     SECURITY ID: 693718108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DAVID K. NEWBIGGING AS A DIRECTOR	Management	For	For
1.2	ELECT HARRY C. STONECIPHER AS A DIRECTOR	Management	For	For
1.3	ELECT HAROLD A. WAGNER AS A DIRECTOR	Management	For	For
2	AMEND CERTIFICATE OF INCORPORATION TO INCREASE AUTHORIZED SHARES TO 400 MILLION	Management	For	For
3	APPROVE AMENDMENTS TO RESTRICTED STOCK AND DEFERRED COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS	Management	For	Against
4	STOCKHOLDER PROPOSAL REGARDING THE COMPANY S SHAREHOLDER RIGHTS PLAN	Shareholder	Against	For
5	STOCKHOLDER PROPOSAL REGARDING PERFORMANCE-BASED RESTRICTED STOCK	Shareholder	Against	Against

ISSUER NAME: PACTIV CORP. MEETING DATE: 05/14/2004
TICKER: PTV     SECURITY ID: 695257105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LARRY D. BRADY AS A DIRECTOR	Management	For	For
1.2	ELECT K. DANE BROOKSHER AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT J. DARNALL AS A DIRECTOR	Management	For	For
1.4	ELECT MARY R. HENDERSON AS A DIRECTOR	Management	For	For
1.5	ELECT ROGER B. PORTER AS A DIRECTOR	Management	For	For
1.6	ELECT RICHARD L. WAMBOLD AS A DIRECTOR	Management	For	For
1.7	ELECT NORMAN H. WESLEY AS A DIRECTOR	Management	For	For
2	RATIFY THE SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT PUBLIC ACCOUNTANTS	Management	For	For

ISSUER NAME: PARKER-HANNIFIN CORPORATION MEETING DATE: 10/22/2003
TICKER: PH     SECURITY ID: 701094104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DUANE E. COLLINS AS A DIRECTOR	Management	For	For
1.2	ELECT ROBERT J. KOHLHEPP AS A DIRECTOR	Management	For	For
1.3	ELECT GIULIO MAZZALUPI AS A DIRECTOR	Management	For	For
1.4	ELECT KLAUS-PETER MULLER AS A DIRECTOR	Management	For	For
1.5	ELECT ALLAN L. RAYFIELD AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT PUBLIC ACCOUNTING FIRM FOR FY04.	Management	For	For
3	APPROVAL OF THE PARKER-HANNIFIN CORPORATION 2003 STOCK INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: PENTAIR, INC. MEETING DATE: 04/30/2004
TICKER: PNR     SECURITY ID: 709631105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GLYNIS A. BRYAN AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID A. JONES AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM T. MONAHAN AS A DIRECTOR	Management	For	For
1.4	ELECT KAREN E. WELKE AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS.	Management	For	For
3	APPROVAL OF THE OMNIBUS STOCK INCENTIVE PLAN.	Management	For	Against
4	APPROVAL OF THE EMPLOYEE STOCK PURCHASE AND BONUS PLAN.	Management	For	For
5	APPROVAL OF THE INTERNATIONAL STOCK PURCHASE AND BONUS PLAN.	Management	For	For
6	RATIFICATION OF APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS OF THE COMPANY FOR 2004.	Management	For	For

ISSUER NAME: POLYONE CORPORATION MEETING DATE: 05/20/2004
TICKER: POL     SECURITY ID: 73179P106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CAROL A. CARTWRIGHT AS A DIRECTOR	Management	For	For
1.2	ELECT GALE DUFF-BLOOM AS A DIRECTOR	Management	For	For
1.3	ELECT J. DOUGLAS CAMPBELL AS A DIRECTOR	Management	For	For
1.4	ELECT WAYNE R. EMBRY AS A DIRECTOR	Management	For	For
1.5	ELECT ROBERT A. GARDA AS A DIRECTOR	Management	For	For
1.6	ELECT GORDON D. HARNETT AS A DIRECTOR	Management	For	For
1.7	ELECT DAVID H. HOAG AS A DIRECTOR	Management	For	For
1.8	ELECT WILLIAM F. PATIENT AS A DIRECTOR	Management	For	For
1.9	ELECT THOMAS A. WALTERMIRE AS A DIRECTOR	Management	For	For
1.10	ELECT FARAH M. WALTERS AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPROVE THE POLYONE CORPORATION DEFERRED COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS.	Management	For	Against

ISSUER NAME: PPG INDUSTRIES, INC. MEETING DATE: 04/15/2004
TICKER: PPG     SECURITY ID: 693506107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES G. BERGES AS A DIRECTOR	Management	For	For
1.2	ELECT ERROLL B. DAVIS, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT VICTORIA F. HAYNES AS A DIRECTOR	Management	For	For
1.4	ELECT ALLEN J. KROWE AS A DIRECTOR	Management	For	For
2	PROPOSAL TO ENDORSE THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS AUDITORS FOR 2004.	Management	For	For

ISSUER NAME: RAYTHEON COMPANY MEETING DATE: 05/05/2004
TICKER: RTN     SECURITY ID: 755111507
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN DEUTCH-2007 AS A DIRECTOR	Management	For	For
1.2	ELECT MICHAEL RUETTGERS-2007 AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM SPIVEY-2007 AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM SWANSON-2007 AS A DIRECTOR	Management	For	For
1.5	ELECT LINDA STUNTZ-2005 AS A DIRECTOR	Management	For	For
2	RATIFICATION OF INDEPENDENT AUDITORS	Management	For	For
3	ETHICAL CRITERIA FOR MILITARY CONTRACTS	Shareholder	Against	Against
4	SHAREHOLDER RIGHTS PLAN	Shareholder	Against	For
5	ANNUAL ELECTION OF DIRECTORS	Shareholder	Against	For
6	MACBRIDE PRINCIPLES	Shareholder	Against	Against
7	EXPENSING STOCK OPTIONS	Shareholder	Against	Against
8	SERP BENEFITS	Shareholder	Against	Against
9	EXECUTIVE COMPENSATION SYSTEM	Shareholder	Against	Against

ISSUER NAME: REPUBLIC SERVICES, INC. MEETING DATE: 05/11/2004
TICKER: RSG     SECURITY ID: 760759100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES E. O'CONNOR AS A DIRECTOR	Management	For	For
1.2	ELECT HARRIS W. HUDSON AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN W. CROGHAN AS A DIRECTOR	Management	For	For
1.4	ELECT W. LEE NUTTER AS A DIRECTOR	Management	For	For
1.5	ELECT RAMON A. RODRIGUEZ AS A DIRECTOR	Management	For	For
1.6	ELECT ALLAN C. SORENSEN AS A DIRECTOR	Management	For	For
2	ADJOURNMENT OF THE ANNUAL MEETING IN THE EVENT THAT THERE ARE NOT A SUFFICIENT NUMBER OF VOTES PRESENT AT THE ANNUAL MEETING, EITHER IN PERSON OR BY PROXY, TO ELECT DIRECTORS.	Management	For	Abstain

ISSUER NAME: ROPER INDUSTRIES, INC. MEETING DATE: 05/26/2004
TICKER: ROP     SECURITY ID: 776696106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT BRIAN D. JELLISON AS A DIRECTOR	Management	For	For
1.2	ELECT W. LAWRENCE BANKS AS A DIRECTOR	Management	For	For
1.3	ELECT DAVID W. DEVONSHIRE AS A DIRECTOR	Management	For	For
1.4	ELECT JOHN F. FORT, III AS A DIRECTOR	Management	For	For
2	THE PROPOSAL TO APPROVE THE ROPER INDUSTRIES, INC. AMENDED AND RESTATED 2000 INCENTIVE PLAN.	Management	For	Against
3	TO TRANSACT SUCH OTHER BUSINESS PROPERLY BROUGHT BEFORE THE MEETING.	Management	For	Abstain

ISSUER NAME: RYDER SYSTEM, INC. MEETING DATE: 05/07/2004
TICKER: R     SECURITY ID: 783549108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN M. BERRA* AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID I. FUENTE** AS A DIRECTOR	Management	For	For
1.3	ELECT EUGENE A. RENNA** AS A DIRECTOR	Management	For	For
1.4	ELECT ABBIE J. SMITH** AS A DIRECTOR	Management	For	For
1.5	ELECT CHRISTINE A. VARNEY** AS A DIRECTOR	Management	For	For
2	RATIFICATION OF KPMG LLP AS AUDITORS.	Management	For	For

ISSUER NAME: SBC COMMUNICATIONS INC. MEETING DATE: 04/30/2004
TICKER: SBC     SECURITY ID: 78387G103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES E. BARNES AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES A. HENDERSON AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN B. MCCOY AS A DIRECTOR	Management	For	For
1.4	ELECT S. DONLEY RITCHEY AS A DIRECTOR	Management	For	For
1.5	ELECT JOYCE M. ROCHE AS A DIRECTOR	Management	For	For
1.6	ELECT PATRICIA P. UPTON AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF INDEPENDENT AUDITORS.	Management	For	For
3	APPROVE AN AMENDMENT TO SBC S BYLAWS.	Management	For	For
4	STOCKHOLDER PROPOSAL A.	Shareholder	Against	Against
5	STOCKHOLDER PROPOSAL B.	Shareholder	Against	Against

ISSUER NAME: SONIC AUTOMOTIVE, INC. MEETING DATE: 04/22/2004
TICKER: SAH     SECURITY ID: 83545G102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT B. SCOTT SMITH AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM P. BENTON AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM I. BELK AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE SONIC AUTOMOTIVE, INC. 2004 STOCK INCENTIVE PLAN	Management	For	Against
3	RATIFICATION OF APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS	Management	For	For

ISSUER NAME: SOUTHWEST AIRLINES CO. MEETING DATE: 05/19/2004
TICKER: LUV     SECURITY ID: 844741108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT HERBERT D. KELLEHER AS A DIRECTOR	Management	For	For
1.2	ELECT ROLLIN W. KING AS A DIRECTOR	Management	For	For
1.3	ELECT JUNE M. MORRIS AS A DIRECTOR	Management	For	For
1.4	ELECT C. WEBB CROCKETT AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM P. HOBBY AS A DIRECTOR	Management	For	For
1.6	ELECT TRAVIS C. JOHNSON AS A DIRECTOR	Management	For	For
2	RATIFICATION OF SELECTION OF AUDITOR (ITEM 2) ON PAGE 19 OF THE PROXY STATEMENT.	Management	For	For

ISSUER NAME: SPX CORPORATION MEETING DATE: 04/28/2004
TICKER: SPW     SECURITY ID: 784635104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT SARAH R. COFFIN* AS A DIRECTOR	Management	For	For
1.2	ELECT CHARLES E. JOHNSON II** AS A DIRECTOR	Management	For	For
1.3	ELECT DAVID P. WILLIAMS** AS A DIRECTOR	Management	For	For

ISSUER NAME: TECH DATA CORPORATION MEETING DATE: 06/10/2004
TICKER: TECD     SECURITY ID: 878237106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CHARLES E. ADAIR AS A DIRECTOR	Management	For	For
1.2	ELECT MAXIMILIAN ARDELT AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN Y. WILLIAMS AS A DIRECTOR	Management	For	For
2	TO APPROVE A PROPOSAL TO AMEND THE 2000 EQUITY INCENTIVE PLAN OF TECH DATA CORPORATION ADDING PROVISIONS ALLOWING FOR GRANTS IN THE FORM OF STOCK-SETTLED STOCK APPRECIATION RIGHTS AND MAXIMUM-VALUE STOCK OPTIONS.	Management	For	For
3	TO APPROVE A PROPOSAL TO AMEND AND RESTATE THE COMPANY S AMENDED AND RESTATED ARTICLES OF INCORPORATION TO REMOVE THE PREFERRED CLASS OF SHARES AND MAKE OTHER MINOR CHANGES.	Management	For	For

ISSUER NAME: TELEFLEX INCORPORATED MEETING DATE: 04/30/2004
TICKER: TFX     SECURITY ID: 879369106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PATRICIA C. BARRON AS A DIRECTOR	Management	For	For
1.2	ELECT DONALD BECKMAN AS A DIRECTOR	Management	For	For
1.3	ELECT JAMES W. ZUG AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT AUDITORS FOR THE COMPANY FOR THE YEAR 2004.	Management	For	For

ISSUER NAME: TEREX CORPORATION MEETING DATE: 05/25/2004
TICKER: TEX     SECURITY ID: 880779103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RONALD M. DEFEO AS A DIRECTOR	Management	For	For
1.2	ELECT G. CHRIS ANDERSEN AS A DIRECTOR	Management	For	For
1.3	ELECT DON DEFOSSET AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM H. FIKE AS A DIRECTOR	Management	For	For
1.5	ELECT DR. DONALD P. JACOBS AS A DIRECTOR	Management	For	For
1.6	ELECT DAVID A. SACHS AS A DIRECTOR	Management	For	For
1.7	ELECT J.C. WATTS, JR. AS A DIRECTOR	Management	For	For
1.8	ELECT HELGE H. WEHMEIER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF SELECTION OF INDEPENDENT ACCOUNTANTS.	Management	For	For
3	APPROVAL OF THE AMENDMENT OF THE TEREX CORPORATION 2000 INCENTIVE PLAN.	Management	For	Against
4	APPROVAL OF THE TEREX CORPORATION 2004 ANNUAL INCENTIVE COMPENSATION PLAN.	Management	For	For
5	APPROVAL OF THE TEREX CORPORATION EMPLOYEE STOCK PURCHASE PLAN.	Management	For	Against
6	APPROVAL OF THE TEREX CORPORATION DEFERRED COMPENSATION PLAN.	Management	For	For
7	APPROVAL OF THE COMPENSATION ARRANGEMENT FOR OUTSIDE DIRECTORS OF TEREX CORPORATION.	Management	For	For

ISSUER NAME: TEXAS INDUSTRIES, INC. MEETING DATE: 10/21/2003
TICKER: TXI     SECURITY ID: 882491103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GORDON E. FORWARD AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES M. HOAK, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT KEITH W. HUGHES AS A DIRECTOR	Management	For	For
1.4	ELECT HENRY H. MAUZ, JR. AS A DIRECTOR	Management	For	For

ISSUER NAME: TEXTRON INC. MEETING DATE: 04/28/2004
TICKER: TXT     SECURITY ID: 883203101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT KATHLEEN M. BADER AS A DIRECTOR	Management	For	For
1.2	ELECT R. KERRY CLARK AS A DIRECTOR	Management	For	For
1.3	ELECT IVOR J. EVANS AS A DIRECTOR	Management	For	For
1.4	ELECT LORD POWELL AS A DIRECTOR	Management	For	For
2	AMENDMENT TO TEXTRON 1999 LONG-TERM INCENTIVE PLAN	Management	For	For
3	DIRECTOR RESTRICTED STOCK AWARDS	Management	For	For
4	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
5	SHAREHOLDER PROPOSAL RELATING TO FOREIGN MILITARY SALES	Shareholder	Against	Against
6	SHAREHOLDER PROPOSAL RELATING TO POLITICAL CONTRIBUTIONS	Shareholder	Against	Against
7	SHAREHOLDER PROPOSAL RELATING TO CHARITABLE CONTRIBUTIONS	Shareholder	Against	Against

ISSUER NAME: THE BLACK & DECKER CORPORATION MEETING DATE: 04/27/2004
TICKER: BDK     SECURITY ID: 091797100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT N.D. ARCHIBALD AS A DIRECTOR	Management	For	For
1.2	ELECT N.R. AUGUSTINE AS A DIRECTOR	Management	For	For
1.3	ELECT B.L. BOWLES AS A DIRECTOR	Management	For	For
1.4	ELECT M.A. BURNS AS A DIRECTOR	Management	For	For
1.5	ELECT K.B. CLARK AS A DIRECTOR	Management	For	For
1.6	ELECT M.A. FERNANDEZ AS A DIRECTOR	Management	For	For
1.7	ELECT B.H. GRISWOLD, IV AS A DIRECTOR	Management	For	For
1.8	ELECT A. LUISO AS A DIRECTOR	Management	For	For
2	RATIFICATION OF ERNST & YOUNG LLP AS THE INDEPENDENT AUDITOR.	Management	For	For
3	APPROVAL OF THE BLACK & DECKER CORPORATION 2004 RESTRICTED STOCK PLAN.	Management	For	Against
4	STOCKHOLDER PROPOSAL.	Shareholder	Against	Against

ISSUER NAME: THE BOEING COMPANY MEETING DATE: 05/03/2004
TICKER: BA     SECURITY ID: 097023105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN H. BIGGS AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN E. BRYSON AS A DIRECTOR	Management	For	For
1.3	ELECT LINDA Z. COOK AS A DIRECTOR	Management	For	For
1.4	ELECT ROZANNE L. RIDGWAY AS A DIRECTOR	Management	For	For
2	APPROVE AMENDMENTS TO ELIMINATE CERTAIN SUPERMAJORITY VOTE REQUIREMENTS.	Management	For	For
3	ADVISE ON APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS.	Management	For	For
4	PREPARE A REPORT ON MILITARY CONTRACTS.	Shareholder	Against	Against
5	ADOPT HUMAN RIGHTS POLICIES.	Shareholder	Against	Against
6	DECLASSIFY THE BOARD OF DIRECTORS.	Shareholder	Against	For
7	ADOPT SIMPLE MAJORITY VOTE.	Shareholder	Against	For
8	REQUIRE APPROVAL OF SEVERANCE AGREEMENTS.	Shareholder	Against	Against
9	ADOPT RETENTION OF STOCK POLICY.	Shareholder	Against	Against
10	GIVE EMPLOYEES CHOICE OF PENSION PLANS AT RETIREMENT OR TERMINATION.	Shareholder	Against	Against

ISSUER NAME: THE DOW CHEMICAL COMPANY MEETING DATE: 05/13/2004
TICKER: DOW     SECURITY ID: 260543103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ARNOLD A. ALLEMANG AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN C. DANFORTH AS A DIRECTOR	Management	For	For
1.3	ELECT JEFF M. FETTIG AS A DIRECTOR	Management	For	For
1.4	ELECT ANDREW N. LIVERIS AS A DIRECTOR	Management	For	For
1.5	ELECT JAMES M. RINGLER AS A DIRECTOR	Management	For	For
1.6	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS DOW S INDEPENDENT AUDITORS FOR 2004.	Management	For	For
3	AMENDMENT OF THE RESTATED CERTIFICATE OF INCORPORATION FOR THE ANNUAL ELECTION OF DIRECTORS.	Management	For	For
4	STOCKHOLDER PROPOSAL ON BHOPAL.	Shareholder	Against	Against

ISSUER NAME: THE GOODYEAR TIRE & RUBBER COMPANY MEETING DATE: 06/30/2004
TICKER: GT     SECURITY ID: 382550101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT J. KEEGAN* AS A DIRECTOR	Management	For	For
1.2	ELECT RODNEY O'NEAL* AS A DIRECTOR	Management	For	For
1.3	ELECT SHIRLEY D. PETERSON* AS A DIRECTOR	Management	For	For
1.4	ELECT JOHN G. BREEN** AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS.	Management	For	For
3	SHAREHOLDER PROPOSAL - REQUESTING BOARD TO SEEK SHAREHOLDER APPROVAL OF GOODYEAR S SHAREHOLDER RIGHTS PLAN.	Shareholder	Against	Against

ISSUER NAME: THE MANITOWOC COMPANY, INC. MEETING DATE: 05/04/2004
TICKER: MTW     SECURITY ID: 563571108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT C. STIFT AS A DIRECTOR	Management	For	For
1.2	ELECT VIRGIS W. COLBERT AS A DIRECTOR	Management	For	For
1.3	ELECT KENNETH W. KRUEGER AS A DIRECTOR	Management	For	For
2	THE APPROVAL OF THE PROPOSED 2004 NON-EMPLOYEE DIRECTOR STOCK AND AWARDS PLAN.	Management	For	Against

ISSUER NAME: THE RYLAND GROUP, INC. MEETING DATE: 04/21/2004
TICKER: RYL     SECURITY ID: 783764103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MR. DREIER AS A DIRECTOR	Management	For	For
1.2	ELECT MR. BANE AS A DIRECTOR	Management	For	For
1.3	ELECT MS. FRECON AS A DIRECTOR	Management	For	For
1.4	ELECT MR. HERNANDEZ AS A DIRECTOR	Management	For	For
1.5	ELECT MR. JEWS AS A DIRECTOR	Management	For	For
1.6	ELECT MR. MANSOUR AS A DIRECTOR	Management	For	For
1.7	ELECT MR. MELLOR AS A DIRECTOR	Management	For	For
1.8	ELECT MR. METCALFE AS A DIRECTOR	Management	For	For
1.9	ELECT MS. ST. MARTIN AS A DIRECTOR	Management	For	For
1.10	ELECT MR. VARELLO AS A DIRECTOR	Management	For	For
1.11	ELECT MR. WILSON AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE RYLAND GROUP, INC. 2004 NON-EMPLOYEE DIRECTOR EQUITY PLAN.	Management	For	For
3	CONSIDERATION OF A PROPOSAL FROM CALVERT ASSET MANAGEMENT COMPANY (A STOCKHOLDER) REGARDING THE PREPARATION OF A GRI-BASED SUSTAINABILITY REPORT.	Shareholder	Against	Against

ISSUER NAME: THE TIMKEN COMPANY MEETING DATE: 04/20/2004
TICKER: TKR     SECURITY ID: 887389104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES W. GRIFFITH AS A DIRECTOR	Management	For	For
1.2	ELECT JERRY J. JASINOWSKI AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN A. LUKE, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT FRANK C. SULLIVAN AS A DIRECTOR	Management	For	For
1.5	ELECT WARD J. TIMKEN AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE TIMKEN COMPANY LONG-TERM INCENTIVE PLAN, AS AMENDED AND RESTATED AS OF FEBRUARY 6, 2004.	Management	For	Against

ISSUER NAME: THE TORO COMPANY MEETING DATE: 03/12/2004
TICKER: TTC     SECURITY ID: 891092108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT R.C. BUHRMASTER AS A DIRECTOR	Management	For	For
1.2	ELECT W.H. BUXTON AS A DIRECTOR	Management	For	For
1.3	ELECT R.H. NASSAU AS A DIRECTOR	Management	For	For
1.4	ELECT C.A. TWOMEY AS A DIRECTOR	Management	For	For
2	RATIFY SELECTION OF INDEPENDENT AUDITORS FOR FISCAL 2004	Management	For	For
3	TO TRANSACT ANY OTHER BUSINESS PROPERLY BROUGHT BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT OF THE MEETING	Management	For	Abstain

ISSUER NAME: THERMO ELECTRON CORPORATION MEETING DATE: 05/18/2004
TICKER: TMO     SECURITY ID: 883556102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MARIJN E. DEKKERS AS A DIRECTOR	Management	For	For
1.2	ELECT ROBERT A. MCCABE AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT W. O'LEARY AS A DIRECTOR	Management	For	For
2	RATIFICATION OF SELECTION OF INDEPENDENT AUDITORS.	Management	For	For
3	STOCKHOLDER PROPOSAL REGARDING PERFORMANCE AND TIME-BASED RESTRICTED STOCK.	Shareholder	Against	Against

ISSUER NAME: TREX COMPANY, INC. MEETING DATE: 04/28/2004
TICKER: TWP     SECURITY ID: 89531P105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WILLIAM F. ANDREWS AS A DIRECTOR	Management	For	For
1.2	ELECT PAUL A. BRUNNER AS A DIRECTOR	Management	For	For
1.3	ELECT ANDREW U. FERRARI AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS TREX COMPANY S INDEPENDENT AUDITORS FOR 2004 FISCAL YEAR.	Management	For	For

ISSUER NAME: TYCO INTERNATIONAL LTD. MEETING DATE: 03/25/2004
TICKER: TYC     SECURITY ID: 902124106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DENNIS C. BLAIR AS A DIRECTOR	Management	For	For
1.2	ELECT EDWARD D. BREEN AS A DIRECTOR	Management	For	For
1.3	ELECT GEORGE W. BUCKLEY AS A DIRECTOR	Management	For	For
1.4	ELECT BRIAN DUPERREAULT AS A DIRECTOR	Management	For	For
1.5	ELECT BRUCE S. GORDON AS A DIRECTOR	Management	For	For
1.6	ELECT JOHN A. KROL AS A DIRECTOR	Management	For	For
1.7	ELECT MACKEY J. MCDONALD AS A DIRECTOR	Management	For	For
1.8	ELECT H. CARL MCCALL AS A DIRECTOR	Management	For	For
1.9	ELECT BRENDAN R. O'NEILL AS A DIRECTOR	Management	For	For
1.10	ELECT SANDRA S. WIJNBERG AS A DIRECTOR	Management	For	For
1.12	ELECT JEROME B. YORK AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF DELOITTE & TOUCHE LLP AS TYCO S INDEPENDENT AUDITORS AND AUTHORIZATION FOR THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS TO SET THE AUDITORS REMUNERATION.	Management	For	For
3	ADOPTION OF THE AMENDED AND RESTATED BYE-LAWS.	Management	For	For
4	APPROVAL OF TYCO 2004 STOCK AND INCENTIVE PLAN.	Management	For	Against
5	SHAREHOLDER PROPOSAL REGARDING ENVIRONMENTAL REPORTING.	Shareholder	For	For
6	SHAREHOLDER PROPOSAL TO CHANGE TYCO S JURISDICTION OF INCORPORATION FROM BERMUDA TO A U.S. STATE.	Shareholder	Against	Against
7	SHAREHOLDER PROPOSAL ON COMMON SENSE EXECUTIVE COMPENSATION.	Shareholder	Against	Against

ISSUER NAME: UNION PACIFIC CORPORATION MEETING DATE: 04/16/2004
TICKER: UNP     SECURITY ID: 907818108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT P.F. ANSCHUTZ AS A DIRECTOR	Management	For	For
1.2	ELECT R.K. DAVIDSON AS A DIRECTOR	Management	For	For
1.3	ELECT T.J. DONOHUE AS A DIRECTOR	Management	For	For
1.4	ELECT A.W. DUNHAM AS A DIRECTOR	Management	For	For
1.5	ELECT S.F. ECCLES AS A DIRECTOR	Management	For	For
1.6	ELECT I.J. EVANS AS A DIRECTOR	Management	For	For
1.7	ELECT J.R. HOPE AS A DIRECTOR	Management	For	For
1.8	ELECT M.W. MCCONNELL AS A DIRECTOR	Management	For	For
1.9	ELECT S.R. ROGEL AS A DIRECTOR	Management	For	For
1.10	ELECT E. ZEDILLO AS A DIRECTOR	Management	For	For
2	ADOPT THE UNION PACIFIC CORPORATION 2004 STOCK INCENTIVE PLAN.	Management	For	Against
3	RATIFY APPOINTMENT OF DELOITTE & TOUCHE AS INDEPENDENT AUDITORS.	Management	For	For
4	SHAREHOLDER PROPOSAL REGARDING SENIOR EXECUTIVE EQUITY PLANS.	Shareholder	Against	Against
5	SHAREHOLDER PROPOSAL REGARDING POLITICAL CONTRIBUTIONS.	Shareholder	Against	Against

ISSUER NAME: UNITED DEFENSE INDUSTRIES, INC. MEETING DATE: 04/13/2004
TICKER: UDI     SECURITY ID: 91018B104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT FRANK C. CARLUCCI AS A DIRECTOR	Management	For	For
1.2	ELECT PETER J. CLARE AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM E. CONWAY, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT C. THOMAS FAULDERS, III AS A DIRECTOR	Management	For	For
1.5	ELECT ROBERT J. NATTER AS A DIRECTOR	Management	For	For
1.6	ELECT J.H. BINFORD PEAY, III AS A DIRECTOR	Management	For	For
1.7	ELECT THOMAS W. RABAUT AS A DIRECTOR	Management	For	For
1.8	ELECT FRANCIS RABORN AS A DIRECTOR	Management	For	For
1.9	ELECT JOHN M. SHALIKASHVILI AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE AMENDED AND RESTATED PLAN.	Management	For	For

ISSUER NAME: UNITED RENTALS, INC. MEETING DATE: 05/20/2004
TICKER: URI     SECURITY ID: 911363109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT HOWARD L. CLARK, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT BRADLEY S. JACOBS AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN N. MILNE AS A DIRECTOR	Management	For	For
2	APPROVAL OF ANNUAL INCENTIVE COMPENSATION PLAN	Management	For	For
3	APPROVAL OF LONG-TERM INCENTIVE PLAN	Management	For	Against
4	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
5	STOCKHOLDER PROPOSAL CONCERNING BOARD INDEPENDENCE	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL CONCERNING FUTURE SEVERANCE AGREEMENTS	Shareholder	Against	Against

ISSUER NAME: UNITED TECHNOLOGIES CORPORATION MEETING DATE: 04/14/2004
TICKER: UTX     SECURITY ID: 913017109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT BETSY J. BERNARD AS A DIRECTOR	Management	For	For
1.2	ELECT GEORGE DAVID AS A DIRECTOR	Management	For	For
1.3	ELECT JEAN-PIERRE GARNIER AS A DIRECTOR	Management	For	For
1.4	ELECT JAMIE S. GORELICK AS A DIRECTOR	Management	For	For
1.5	ELECT CHARLES R. LEE AS A DIRECTOR	Management	For	For
1.6	ELECT RICHARD D. MCCORMICK AS A DIRECTOR	Management	For	For
1.7	ELECT HAROLD MCGRAW III AS A DIRECTOR	Management	For	For
1.8	ELECT FRANK P. POPOFF AS A DIRECTOR	Management	For	For
1.9	ELECT H. PATRICK SWYGERT AS A DIRECTOR	Management	For	For
1.10	ELECT ANDRE VILLENEUVE AS A DIRECTOR	Management	For	For
1.11	ELECT H.A. WAGNER AS A DIRECTOR	Management	For	For
1.12	ELECT CHRISTINE TODD WHITMAN AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
3	SHAREOWNER PROPOSAL CONCERNING DISCLOSURE OF EXECUTIVE COMPENSATION	Shareholder	Against	Against
4	SHAREOWNER PROPOSAL CONCERNING ETHICAL CRITERIA FOR MILITARY CONTRACTS	Shareholder	Against	Against
5	SHAREOWNER PROPOSAL CONCERNING PERFORMANCE BASED SENIOR EXECUTIVE STOCK OPTIONS	Shareholder	Against	Against
6	SHAREOWNER PROPOSAL CONCERNING AN INDEPENDENT CHAIRMAN OF THE BOARD	Shareholder	Against	Against

ISSUER NAME: URS CORPORATION MEETING DATE: 03/23/2004
TICKER: URS     SECURITY ID: 903236107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT H. JESSE ARNELLE AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD C. BLUM AS A DIRECTOR	Management	For	For
1.3	ELECT ARMEN DER MARDEROSIAN AS A DIRECTOR	Management	For	For
1.4	ELECT MICKEY P. FORET AS A DIRECTOR	Management	For	For
1.5	ELECT MARTIN M. KOFFEL AS A DIRECTOR	Management	For	For
1.6	ELECT RICHARD B. MADDEN AS A DIRECTOR	Management	For	For
1.7	ELECT GEN. JOSEPH W. RALSTON AS A DIRECTOR	Management	For	For
1.8	ELECT JOHN D. ROACH AS A DIRECTOR	Management	For	For
1.9	ELECT WILLIAM D. WALSH AS A DIRECTOR	Management	For	For
2	TO APPROVE THE AMENDMENT TO THE URS CORPORATION CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 50,000,000 SHARES TO 100,000,000 SHARES.	Management	For	For
3	TO RE-APPROVE THE URS CORPORATION INCENTIVE COMPENSATION PLAN.	Management	For	For

ISSUER NAME: USF CORPORATION MEETING DATE: 05/04/2004
TICKER: USFC     SECURITY ID: 91729Q101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD P. DISTASIO AS A DIRECTOR	Management	For	For
1.2	ELECT NEIL A. SPRINGER AS A DIRECTOR	Management	For	For

ISSUER NAME: UTI WORLDWIDE INC. MEETING DATE: 02/27/2004
TICKER: UTIW     SECURITY ID: G87210103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE THE UTI WORLDWIDE INC. 2004 LONG-TERM INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: UTI WORLDWIDE INC. MEETING DATE: 06/25/2004
TICKER: UTIW     SECURITY ID: G87210103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ALAN C. DRAPER AS A DIRECTOR	Management	For	For
1.2	ELECT C. JOHN LANGLEY, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT ALLAN M. ROSENZWEIG AS A DIRECTOR	Management	For	For
2	TO APPROVE THE 2004 UTI WORLDWIDE INC. NON-EMPLOYEE DIRECTORS SHARE INCENTIVE PLAN.	Management	For	For

ISSUER NAME: VISTEON CORPORATION MEETING DATE: 05/12/2004
TICKER: VC     SECURITY ID: 92839U107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT STEVEN K. HAMP AS A DIRECTOR	Management	For	For
1.2	ELECT MICHAEL F. JOHNSTON AS A DIRECTOR	Management	For	For
1.3	ELECT KARL J. KRAPEK AS A DIRECTOR	Management	For	For
1.4	ELECT ROBERT M. TEETER AS A DIRECTOR	Management	For	For
2	RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR FISCAL YEAR 2004.	Management	For	For
3	APPROVE THE VISTEON CORPORATION 2004 INCENTIVE PLAN, AS AMENDED AND RESTATED.	Management	For	Against
4	APPROVE THE VISTEON CORPORATION NON-EMPLOYEE DIRECTOR STOCK UNIT PLAN.	Management	For	Against
5	A SHAREHOLDER PROPOSAL RELATING TO THE ADOPTION OF A STOCKHOLDER RIGHTS PLAN.	Shareholder	Against	For
6	A SHAREHOLDER PROPOSAL RELATING TO THE ADOPTION OF A CODE FOR THE COMPANY S INTERNATIONAL OPERATIONS.	Shareholder	Against	Against
7	A SHAREHOLDER PROPOSAL RELATING TO VOTING LEVERAGE.	Shareholder	Against	Against

ISSUER NAME: VULCAN MATERIALS COMPANY MEETING DATE: 05/14/2004
TICKER: VMC     SECURITY ID: 929160109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ORIN R. SMITH* AS A DIRECTOR	Management	For	For
1.2	ELECT DOUGLAS J. MCGREGOR** AS A DIRECTOR	Management	For	For
1.3	ELECT DONALD B. RICE** AS A DIRECTOR	Management	For	For
1.4	ELECT VINCENT J. TROSINO** AS A DIRECTOR	Management	For	For
2	APPROVAL OF RESTRICTED STOCK PLAN FOR NONEMPLOYEE DIRECTORS.	Management	For	Against
3	RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2004.	Management	For	For

ISSUER NAME: W.W. GRAINGER, INC. MEETING DATE: 04/28/2004
TICKER: GWW     SECURITY ID: 384802104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT BRIAN P. ANDERSON AS A DIRECTOR	Management	For	For
1.2	ELECT WESLEY M. CLARK AS A DIRECTOR	Management	For	For
1.3	ELECT WILBUR H. GANTZ AS A DIRECTOR	Management	For	For
1.4	ELECT DAVID W. GRAINGER AS A DIRECTOR	Management	For	For
1.5	ELECT RICHARD L. KEYSER AS A DIRECTOR	Management	For	For
1.6	ELECT FREDERICK A. KREHBIEL AS A DIRECTOR	Management	For	For
1.7	ELECT JOHN W. MCCARTER, JR. AS A DIRECTOR	Management	For	For
1.8	ELECT NEIL S. NOVICH AS A DIRECTOR	Management	For	For
1.9	ELECT JAMES D. SLAVIK AS A DIRECTOR	Management	For	For
1.10	ELECT HAROLD B. SMITH AS A DIRECTOR	Management	For	For
1.11	ELECT JANIECE S. WEBB AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF GRANT THORNTON LLP AS INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: WABASH NATIONAL CORPORATION MEETING DATE: 05/13/2004
TICKER: WNC     SECURITY ID: 929566107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DAVID C. BURDAKIN AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM P. GREUBEL AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN T. HACKETT AS A DIRECTOR	Management	For	For
1.4	ELECT MARTIN C. JISCHKE AS A DIRECTOR	Management	For	For
1.5	ELECT LUDVIK F. KOCI AS A DIRECTOR	Management	For	For
1.6	ELECT STEPHANIE K. KUSHNER AS A DIRECTOR	Management	For	For
2	TO APPROVE THE WABASH NATIONAL CORPORATION 2004 STOCK INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: WASTE CONNECTIONS, INC. MEETING DATE: 05/26/2004
TICKER: WCN     SECURITY ID: 941053100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RONALD J. MITTELSTAEDT AS A DIRECTOR	Management	For	For
2	APPROVAL OF AMENDMENT OF WCI S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO (A) INCREASE THE AUTHORIZED NUMBER OF SHARES OF COMMON STOCK FROM 50,000,000 TO 100,000,000 SHARES AND (B) DELETE REFERENCES TO THE SERIES A PREFERRED STOCK WHICH CONVERTED TO COMMON STOCK UPON THE COMPLETION OF WCI S INITIAL PUBLIC OFFERING.	Management	For	For
3	ADOPTION OF THE 2004 EQUITY INCENTIVE PLAN.	Management	For	Against
4	RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS WCI S INDEPENDENT AUDITORS.	Management	For	For

ISSUER NAME: WASTE MANAGEMENT, INC. MEETING DATE: 05/14/2004
TICKER: WMI     SECURITY ID: 94106L109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PASTORA CAFFERTY AS A DIRECTOR	Management	For	For
1.2	ELECT FRANK M. CLARK, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT S. MILLER AS A DIRECTOR	Management	For	For
1.4	ELECT A. MAURICE MYERS AS A DIRECTOR	Management	For	For
1.5	ELECT JOHN C. POPE AS A DIRECTOR	Management	For	For
1.6	ELECT W. ROBERT REUM AS A DIRECTOR	Management	For	For
1.7	ELECT STEVEN G. ROTHMEIER AS A DIRECTOR	Management	For	For
1.8	ELECT DAVID P. STEINER AS A DIRECTOR	Management	For	For
1.9	ELECT CARL W. VOGT AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT AUDITORS FOR 2004.	Management	For	For
3	TO VOTE ON A PROPOSAL TO APPROVE OUR 2004 STOCK INCENTIVE PLAN.	Management	For	Against
4	TO VOTE ON A PROPOSAL TO APPROVE OUR 2005 ANNUAL INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: XEROX CORPORATION MEETING DATE: 05/20/2004
TICKER: XRX     SECURITY ID: 984121103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GLENN A. BRITT AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD J. HARRINGTON AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM CURT HUNTER AS A DIRECTOR	Management	For	For
1.4	ELECT VERNON E. JORDAN, JR. AS A DIRECTOR	Management	For	For
1.5	ELECT HILMAR KOPPER AS A DIRECTOR	Management	For	For
1.6	ELECT RALPH S. LARSEN AS A DIRECTOR	Management	For	For
1.7	ELECT ANNE M. MULCAHY AS A DIRECTOR	Management	For	For
1.8	ELECT N.J. NICHOLAS, JR. AS A DIRECTOR	Management	For	For
1.9	ELECT JOHN E. PEPPER AS A DIRECTOR	Management	For	For
1.10	ELECT ANN N. REESE AS A DIRECTOR	Management	For	For
1.11	ELECT STEPHEN ROBERT AS A DIRECTOR	Management	For	For
2	RATIFICATION OF AUDITORS.	Management	For	For
3	ADOPT THE 2004 PERFORMANCE INCENTIVE PLAN.	Management	For	For
4	ADOPT THE 2004 EQUITY COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS.	Management	For	Against