UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF

REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-3568

MANAGED ASSETS TRUST

(Exact name of registrant as specified in charter)

One Cityplace, Hartford, CT 06103-3415

(Address of principal executive offices) (Zip code)

Elizabeth M. Forget

President

Managed Assets Trust

260 Madison Avenue, 10^th Floor

New York, NY 10016

(Name and Address of Agent for Service)

Copy to:

Robert N. Hickey, Esq.

Sullivan & Worcester LLP

1666 K Street, N.W.

Washington, D.C. 20006

Registrant’s telephone number, including area code: (800) 848-3854

Date of fiscal year end: December 31

Date of reporting period: July 1, 2004 through June 30, 2005

Item 1. Proxy Voting Record.

Vote Summary Report

July 01, 2004 - June 30, 2005

Managed Assets Trust

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

ICA File Number: 811-03568

Reporting Period: 07/01/2004 - 06/30/2005

Managed Assets Trust

TRAVELERS SERIES TRUST - MANAGED ASSETS TRUST

3M CO

Ticker:	MMM	Security ID:	88579Y101
Meeting Date:	MAY 10, 2005	Meeting Type:	Annual
Record Date:	MAR 11, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Vance D. Coffman	For	For	Management
1.2	Elect Director Rozanne L. Ridgway	For	For	Management
1.3	Elect Director Louis W. Sullivan	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Eliminate Animal Testing	Against	Against	Shareholder
5	Implement China Principles	Against	Against	Shareholder

ABBOTT LABORATORIES

Ticker:	ABT	Security ID:	002824100
Meeting Date:	APR 22, 2005	Meeting Type:	Annual
Record Date:	FEB 23, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director R.S. Austin	For	For	Management
1.2	Elect Director W.S. Daley	For	For	Management
1.3	Elect Director H.L. Fuller	For	For	Management
1.4	Elect Director R.A. Gonzalez	For	For	Management
1.5	Elect Director J.M. Greenberg	For	For	Management
1.6	Elect Director J.M. Leiden	For	For	Management
1.7	Elect Director D.A.L. Owen	For	For	Management
1.8	Elect Director B. Powell Jr.	For	For	Management
1.9	Elect Director A.B. Rand	For	For	Management
1.10	Elect Director W.A. Reynolds	For	For	Management
1.11	Elect Director R.S. Roberts	For	For	Management
1.12	Elect Director W.D. Smithburg	For	For	Management
1.13	Elect Director J.R. Walter	For	For	Management
1.14	Elect Director M.D. White	For	For	Management
2	Ratify Auditors	For	For	Management
3	Link Executive Compensation to Government Fines	Against	Against	Shareholder
4	Performance-Based/Indexed Options	Against	For	Shareholder
5	Eliminate Animal Testing	Against	Against	Shareholder
6	Report on Political Contributions	Against	Against	Shareholder
7	Report on Operational Imact of HIV/AIDS, TB, and Malaria Pandemic	Against	Against	Shareholder
8	Separate Chairman and CEO Positions	Against	Against	Shareholder

Page 1

ACE LTD.

Ticker:	ACE	Security ID:	G0070K103
Meeting Date:	MAY 26, 2005	Meeting Type:	Annual
Record Date:	APR 8, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Evan G. Greenberg	For	For	Management
1.2	Elect Director John A. Krol	For	For	Management
2	Ratify Auditors	For	For	Management

ADOBE SYSTEMS INC.

Ticker:	ADBE	Security ID:	00724F101
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Carol Mills	For	For	Management
1.2	Elect Director Colleen M. Pouliot	For	For	Management
1.3	Elect Director Robert Sedgewick	For	For	Management
1.4	Elect Director John E. Warnock	For	For	Management
2	Amend Omnibus Stock Plan	For	For	Management
3	Amend Non Employee Director Stock Option Plan	For	For	Management
4	Expense Stock Options	Against	For	Shareholder
5	Review/Limit Executive Compensation	Against	For	Shareholder
6	Ratify Auditors	For	For	Management

ADVANCED MICRO DEVICES, INC.

Ticker:	AMD	Security ID:	007903107
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Hector de. J. Ruiz	For	For	Management
1.2	Elect Director W. Michael Barnes	For	For	Management
1.3	Elect Director Bruce L. Claflin	For	For	Management
1.4	Elect Director H. Paulett Eberhart	For	For	Management
1.5	Elect Director David J. Edmondson	For	For	Management
1.6	Elect Director Robert B. Palmer	For	For	Management
1.7	Elect Director Leonard M. Silverman	For	For	Management
1.8	Elect Director Morton L. Topfer	For	For	Management
2	Ratify Auditors	For	For	Management
3	Require a Majority Vote for the Election of Directors	Against	For	Shareholder
4	Expense Stock Options	Against	For	Shareholder

Page 2

AES CORP., THE

Ticker:	AES	Security ID:	00130H105
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	MAR 3, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Richard Darman	For	For	Management
1.2	Elect Director Paul T. Hanrahan	For	For	Management
1.3	Elect Director Kristina M. Johnson	For	For	Management
1.4	Elect Director John A. Koskinen	For	For	Management
1.5	Elect Director Philip Lader	For	For	Management
1.6	Elect Director John H. McArthur	For	For	Management
1.7	Elect Director Sandra O. Moose	For	For	Management
1.8	Elect Director Philip A. Odeen	For	For	Management
1.9	Elect Director Charles O. Rossotti	For	For	Management
1.10	Elect Director Sven Sandstrom	For	For	Management
1.11	Elect Director Roger W. Sant	For	For	Management
2	Ratify Auditors	For	For	Management

AETNA INC.

Ticker:	AET	Security ID:	00817Y108
Meeting Date:	APR 29, 2005	Meeting Type:	Annual
Record Date:	FEB 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Betsy Z. Cohen	For	For	Management
1.2	Elect Director Barbara Hackman Franklin	For	For	Management
1.3	Elect Director Jeffrey E. Garten	For	For	Management
1.4	Elect Director Earl G. Graves	For	For	Management
1.5	Elect Director Gerald Greenwald	For	For	Management
1.6	Elect Director Ellen M. Hancock	For	For	Management
1.7	Elect Director Michael H. Jordan	For	For	Management
1.8	Elect Director Edward J. Ludwig	For	For	Management
1.9	Elect Director Joseph P. Newhouse	For	For	Management
1.10	Elect Director John W. Rowe, M.D.	For	For	Management
1.11	Elect Director Ronald A. Williams	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Stock Option Plan	For	For	Management
4	Amend Executive Incentive Bonus Plan	For	For	Management
5	Restore or Provide for Cumulative Voting	Against	For	Shareholder
6	Expense Stock Options	Against	For	Shareholder

AFLAC INCORPORATED

Ticker:	AFL	Security ID:	001055102
Meeting Date:	MAY 2, 2005	Meeting Type:	Annual
Record Date:	FEB 23, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Daniel P. Amos	For	For	Management
1.2	Elect Director John Shelby Amos II	For	For	Management
1.3	Elect Director Michael H. Armacost	For	For	Management
1.4	Elect Director Kriss Cloninger III	For	For	Management
1.5	Elect Director Joe Frank Harris	For	For	Management

Page 3

1.6	Elect Director Elizabeth J. Hudson	For	For	Management
1.7	Elect Director Kenneth S. Janke Sr.	For	For	Management
1.8	Elect Director Douglas W. Johnson	For	For	Management
1.9	Elect Director Robert B. Johnson	For	For	Management
1.10	Elect Director Charles B. Knapp	For	For	Management
1.11	Elect Director Hidefumi Matsui	For	For	Management
1.12	Elect Director E. Stephen Purdom, M.D.	For	For	Management
1.13	Elect Director Barbara K. Rimer, Ph.D.	For	For	Management
1.14	Elect Director Marvin R. Schuster	For	For	Management
1.15	Elect Director David Gary Thompson	For	For	Management
1.16	Elect Director Tohru Tonoike	For	For	Management
1.17	Elect Director Robert L. Wright	For	For	Management
2	Ratify Auditors	For	For	Management

ALCOA INC.

Ticker:	AA	Security ID:	013817101
Meeting Date:	APR 22, 2005	Meeting Type:	Annual
Record Date:	JAN 24, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Joseph T. Gorman	For	For	Management
1.2	Elect Director Klaus Kleinfeld	For	For	Management
2	Ratify Auditors	For	For	Management

ALLSTATE CORP., THE

Ticker:	ALL	Security ID:	020002101
Meeting Date:	MAY 17, 2005	Meeting Type:	Annual
Record Date:	MAR 18, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director F. Duane Ackerman	For	For	Management
1.2	Elect Director James G. Andress	For	For	Management
1.3	Elect Director Edward A. Brennan	For	For	Management
1.4	Elect Director W. James Farrell	For	For	Management
1.5	Elect Director Jack M. Greenberg	For	For	Management
1.6	Elect Director Ronald T. LeMay	For	For	Management
1.7	Elect Director Edward M. Liddy	For	For	Management
1.8	Elect Director J. Christopher Reyes	For	For	Management
1.9	Elect Director H. John Riley, Jr.	For	For	Management
1.10	Elect Director Joshua I. Smith	For	For	Management
1.11	Elect Director Judith A. Sprieser	For	For	Management
1.12	Elect Director Mary Alice Taylor	For	For	Management
2	Ratify Auditors	For	For	Management
3	Provide for Cumulative Voting	Against	For	Shareholder

Page 4

ALTRIA GROUP, INC.

Ticker:	MO	Security ID:	02209S103
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Elizabeth E. Bailey	For	For	Management
1.2	Elect Director Harold Brown	For	For	Management
1.3	Elect Director Mathis Cabiallavetta	For	For	Management
1.4	Elect Director Louis C. Camilleri	For	For	Management
1.5	Elect Director J. Dudley Fishburn	For	For	Management
1.6	Elect Director Robert E. R. Huntley	For	For	Management
1.7	Elect Director Thomas W. Jones	For	For	Management
1.8	Elect Director George Munoz	For	For	Management
1.9	Elect Director Lucio A. Noto	For	For	Management
1.10	Elect Director John S. Reed	For	For	Management
1.11	Elect Director Carlos Slim Helu	For	For	Management
1.12	Elect Director Stephen M. Wolf	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Amend Non-Employee Director Stock Option Plan	For	For	Management
4	Ratify Auditors	For	For	Management
5	Eliminate Animal Testing	Against	Against	Shareholder
6	Product Warnings for Pregnant Women	Against	Against	Shareholder
7	Cease Use of Light and Ultra Light in Cigarette Marketing	Against	Against	Shareholder
8	Apply Fire Safety Standards for Cigarettes	Against	Against	Shareholder

AMBAC FINANCIAL GROUP, INC.

Ticker:	ABK	Security ID:	023139108
Meeting Date:	MAY 3, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Phillip B. Lassiter	For	For	Management
1.2	Elect Director Michael A. Callen	For	For	Management
1.3	Elect Director Jill M. Considine	For	For	Management
1.4	Elect Director Robert J. Genader	For	For	Management
1.5	Elect Director W. Grant Gregory	For	For	Management
1.6	Elect Director Thomas C. Theobald	For	For	Management
1.7	Elect Director Laura S. Unger	For	For	Management
1.8	Elect Director Henry D.G. Wallace	For	For	Management
2	Amend Executive Incentive Bonus Plan	For	For	Management
3	Ratify Auditors	For	For	Management

AMERICAN ELECTRIC POWER CO.

Ticker:	AEP	Security ID:	025537101
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	MAR 2, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director E.R. Brooks	For	Withhold	Management
1.2	Elect Director Donald M. Carlton	For	For	Management
1.3	Elect Director John P. DesBarres	For	For	Management
1.4	Elect Director Robert W. Fri	For	For	Management
1.5	Elect Director William R. Howell	For	For	Management
1.6	Elect Director Lester A. Hudson, Jr.	For	For	Management
1.7	Elect Director Michael G. Morris	For	For	Management
1.8	Elect Director Lionel L. Nowell III	For	For	Management
1.9	Elect Director Richard L. Sandor	For	For	Management

Page 5

1.10	Elect Director Donald G. Smith	For	For	Management
1.11	Elect Director Kathryn D. Sullivan	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management
4	Submit Executive Retirement Plan to Shareholder Vote	Against	For	Shareholder

AMERICAN EXPRESS CO.

Ticker:	AXP	Security ID:	025816109
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

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

AMERISOURCEBERGEN CORP

Ticker:	ABC	Security ID:	03073E105
Meeting Date:	MAR 4, 2005	Meeting Type:	Annual
Record Date:	JAN 10, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Rodney H. Brady	For	For	Management
1.2	Elect Director Charles H. Cotros	For	For	Management
1.3	Elect Director Jane E. Henney, M.D.	For	For	Management
1.4	Elect Director R. David Yost	For	For	Management
2	Ratify Auditors	For	For	Management

AMGEN, INC.

Ticker:	AMGN	Security ID:	031162100
Meeting Date:	MAY 11, 2005	Meeting Type:	Annual
Record Date:	MAR 18, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Dr. David Baltimore	For	For	Management
1.2	Elect Director Ms. Judith C. Pelham	For	For	Management
1.3	Elect Director Mr. Kevin W. Sharer	For	For	Management
2	Ratify Auditors	For	For	Management

Page 6

3	Eliminate Animal Testing	Against	Against	Shareholder
4	Review/Limit Executive Compensation	Against	Against	Shareholder
5	Adopt Retention Ratio for Executives	Against	For	Shareholder

ANADARKO PETROLEUM CORP.

Ticker:	APC	Security ID:	032511107
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 14, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John R. Butler	For	For	Management
1.2	Elect Director Preston M. Geren III	For	For	Management
1.3	Elect Director John R. Gordon	For	For	Management
2	Amend Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management
4	Report on Political Contributions	Against	Against	Shareholder

ANALOG DEVICES, INC.

Ticker:	ADI	Security ID:	032654105
Meeting Date:	MAR 8, 2005	Meeting Type:	Annual
Record Date:	JAN 14, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John L. Doyle	For	For	Management
1.2	Elect Director Christine King	For	For	Management
1.3	Elect Director Ray Stata	For	For	Management
2	Ratify Auditors	For	For	Management
3	Expense Stock Options	Against	For	Shareholder

ANHEUSER-BUSCH COMPANIES, INC.

Ticker:	BUD	Security ID:	035229103
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John E. Jacob	For	For	Management
1.2	Elect Director Charles F. Knight	For	For	Management
1.3	Elect Director Joyce M. Roche	For	For	Management
1.4	Elect Director Henry Hugh Shelton	For	For	Management
1.5	Elect Director Patrick T. Stokes	For	For	Management
2	Approve Executive Incentive Bonus Plan	For	For	Management
3	Amend Stock Option Plan	For	For	Management
4	Ratify Auditors	For	For	Management

Page 7

AON CORP.

Ticker:	AOC	Security ID:	037389103
Meeting Date:	MAY 20, 2005	Meeting Type:	Annual
Record Date:	MAR 23, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Patrick G. Ryan	For	For	Management
1.2	Elect Director Gregory C. Case	For	For	Management
1.3	Elect Director Edgar D. Jannotta	For	For	Management
1.4	Elect Director Jan Kalff	For	For	Management
1.5	Elect Director Lester B. Knight	For	For	Management
1.6	Elect Director J. Michael Losh	For	For	Management
1.7	Elect Director R. Eden Martin	For	For	Management
1.8	Elect Director Andrew J. McKenna	For	For	Management
1.9	Elect Director Robert S. Morrison	For	For	Management
1.10	Elect Director Richard C. Notebaert	For	For	Management
1.11	Elect Director John W. Rogers, Jr.	For	For	Management
1.12	Elect Director Gloria Santona	For	For	Management
1.13	Elect Director Carolyn Y. Woo	For	For	Management
2	Ratify Auditors	For	For	Management

APPLE COMPUTER, INC.

Ticker:	AAPL	Security ID:	037833100
Meeting Date:	APR 21, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Fred D. Anderson	For	For	Management
1.2	Elect Director William V. Campbell	For	For	Management
1.3	Elect Director Millard S. Drexler	For	For	Management
1.4	Elect Director Albert A. Gore, Jr.	For	For	Management
1.5	Elect Director Steven P. Jobs	For	For	Management
1.6	Elect Director Arthur D. Levinson	For	For	Management
1.7	Elect Director Jerome B. York	For	For	Management
2	Approve Executive Incentive Bonus Plan	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management
4	Amend Qualified Employee Stock Purchase Plan	For	For	Management
5	Ratify Auditors	For	For	Management
6	Performance-Based/Indexed Options	Against	For	Shareholder

ARCHER DANIELS-MIDLAND COMPANY

Ticker:	ADM	Security ID:	039483102
Meeting Date:	NOV 4, 2004	Meeting Type:	Annual
Record Date:	SEP 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director G. Allen Andreas	For	For	Management
1.2	Elect Director Alan L. Boeckmann	For	For	Management
1.3	Elect Director Mollie Hale Carter	For	For	Management
1.4	Elect Director Roger S. Joslin	For	For	Management
1.5	Elect Director Patrick J. Moore	For	For	Management
1.6	Elect Director M. Brian Mulroney	For	For	Management
1.7	Elect Director Thomas F. O’Neill	For	For	Management
1.8	Elect Director O.G. Webb	For	For	Management
1.9	Elect Director Kelvin R. Westbrook	For	For	Management
2	Amend Omnibus Stock Plan	For	For	Management
3	Approve Employee Stock Purchase Plan	For	For	Management
4	Report on Genetically Engineered Products	Against	Against	Shareholder

Page 8

AT&T CORP.

Ticker:	T	Security ID:	001957505
Meeting Date:	JUN 30, 2005	Meeting Type:	Annual
Record Date:	MAY 27, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Merger Agreement	For	For	Management
2	Adjourn Meeting	For	For	Management
3.1	Elect Director William F. Aldinger	For	For	Management
3.2	Elect Director Kenneth T. Derr	For	For	Management
3.3	Elect Director D.W. Dorman	For	For	Management
3.4	Elect Director M.K. Eickhoff-Smith	For	For	Management
3.5	Elect Director H.L. Henkel	For	For	Management
3.6	Elect Director F.C. Herringer	For	For	Management
3.7	Elect Director Jon C. Madonna	For	For	Management
3.8	Elect Director Donald F. McHenry	For	For	Management
3.9	Elect Director Tony L. White	For	For	Management
4	Ratify Auditors	For	For	Management
5	Limit Awards to Executives	Against	Against	Shareholder
6	Performance - Based/Indexed Options	Against	Against	Shareholder
7	Report on Executive Compensation	Against	Against	Shareholder
8	Redeem or Vote Poison Pill	Against	For	Shareholder
9	Review Executive Compensation	Against	For	Shareholder
10	Submit Severance Agreement (Change-in-Control) to Shareholder Vote	Against	For	Shareholder

AUTODESK, INC.

Ticker:	ADSK	Security ID:	052769106
Meeting Date:	JUN 23, 2005	Meeting Type:	Annual
Record Date:	MAY 2, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Carol A. Bartz	For	For	Management
1.2	Elect Director Mark A. Bertelsen	For	For	Management
1.3	Elect Director Crawford W. Beveridge	For	For	Management
1.4	Elect Director J. Hallam Dawson	For	For	Management
1.5	Elect Director Michael J. Fister	For	For	Management
1.6	Elect Director Per-Kristian Halvorsen	For	For	Management
1.7	Elect Director Steven L. Scheid	For	For	Management
1.8	Elect Director Mary Alice Taylor	For	For	Management
1.9	Elect Director Larry W. Wangberg	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Approve Increase in Common Stock and a Stock Split	For	For	Management
4	Approve Executive Incentive Bonus Plan	For	For	Management
5	Ratify Auditors	For	For	Management

Page 9

AUTOZONE, INC.

Ticker:	AZO	Security ID:	053332102
Meeting Date:	DEC 16, 2004	Meeting Type:	Annual
Record Date:	OCT 21, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Charles M. Elson	For	For	Management
1.2	Elect Director Earl G. Graves, Jr.	For	For	Management
1.3	Elect Director N. Gerry House	For	For	Management
1.4	Elect Director J.R. Hyde, III	For	For	Management
1.5	Elect Director Edward S. Lampert	For	For	Management
1.6	Elect Director W. Andrew Mckenna	For	For	Management
1.7	Elect Director Steve Odland	For	For	Management
1.8	Elect Director James J. Postl	For	For	Management
2	Approve Executive Incentive Bonus Plan	For	For	Management
3	Ratify Auditors	For	For	Management

AVERY DENNISON CORP.

Ticker:	AVY	Security ID:	053611109
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Peter K. Barker	For	For	Management
1.2	Elect Director Richard M. Ferry	For	For	Management
1.3	Elect Director Kent Kresa	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management

BAKER HUGHES INCORPORATED

Ticker:	BHI	Security ID:	057224107
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	FEB 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Larry D. Brady	For	For	Management
1.2	Elect Director Clarence P. Cazalot, Jr.	For	For	Management
1.3	Elect Director Anthony G. Fernandes	For	For	Management
1.4	Elect Director J. Larry Nichols	For	For	Management
2	Ratify Auditors	For	For	Management
3	Declassify the Board of Directors	For	For	Management
4	Act on Shareholder Resolutions that Receive Majority Support	Against	For	Shareholder

BALL CORP.

Ticker:	BLL	Security ID:	058498106
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director George M. Smart	For	For	Management
1.2	Elect Director Theodore M. Solso	For	For	Management
1.3	Elect Director Stuart A. Taylor	For	For	Management

Page 10

2	Ratify Auditors	For	For	Management
3	Approve Bundled Compensation Plans	For	For	Management
4	Increase Authorized Common Stock	For	For	Management
5	Declassify the Board of Directors	Against	For	Shareholder

BANK OF AMERICA CORP.

Ticker:	BAC	Security ID:	060505104
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	MAR 4, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director William Barnet, III	For	For	Management
1.2	Elect Director Charles W. Coker	For	For	Management
1.3	Elect Director John T. Collins	For	For	Management
1.4	Elect Director Gary L. Countryman	For	For	Management
1.5	Elect Director Paul Fulton	For	For	Management
1.6	Elect Director Charles K. Gifford	For	For	Management
1.7	Elect Director W. Steven Jones	For	For	Management
1.8	Elect Director Kenneth D. Lewis	For	For	Management
1.9	Elect Director Walter E. Massey	For	For	Management
1.10	Elect Director Thomas J. May	For	For	Management
1.11	Elect Director Patricia E. Mitchell	For	For	Management
1.12	Elect Director Edward L. Romero	For	For	Management
1.13	Elect Director Thomas M. Ryan	For	For	Management
1.14	Elect Director O. Temple Sloan, Jr.	For	For	Management
1.15	Elect Director Meredith R. Spangler	For	For	Management
1.16	Elect Director Robert L. Tillman	For	For	Management
1.17	Elect Director Jackie M. Ward	For	For	Management
2	Ratify Auditors	For	For	Management
3	Report on Political Contributions	Against	Against	Shareholder
4	Director Nominee Amendment	Against	Against	Shareholder

BEAR STEARNS COMPANIES INC., THE

Ticker:	BSC	Security ID:	073902108
Meeting Date:	APR 7, 2005	Meeting Type:	Annual
Record Date:	FEB 23, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James E. Cayne	For	For	Management
1.2	Elect Director Henry S. Bienen	For	For	Management
1.3	Elect Director Carl D. Glickman	For	For	Management
1.4	Elect Director Alan C. Greenberg	For	For	Management
1.5	Elect Director Donald J. Harrington	For	For	Management
1.6	Elect Director Frank T. Nickell	For	For	Management
1.7	Elect Director Paul A. Novelly	For	For	Management
1.8	Elect Director Frederic V. Salerno	For	For	Management
1.9	Elect Director Alan D. Schwartz	For	For	Management
1.10	Elect Director Warren J. Spector	For	For	Management
1.11	Elect Director Vincent Tese	For	For	Management
1.12	Elect Director Wesley S. Williams Jr.	For	For	Management
2	Amend Executive Incentive Bonus Plan	For	For	Management
3	Ratify Auditors	For	For	Management

Page 11

BECTON, DICKINSON AND COMPANY

Ticker:	BDX	Security ID:	075887109
Meeting Date:	FEB 1, 2005	Meeting Type:	Annual
Record Date:	DEC 6, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Basil L. Anderson	For	For	Management
1.2	Elect Director Gary A. Mecklenburg	For	For	Management
1.3	Elect Director James E. Perrella	For	For	Management
1.4	Elect Director Alfred Sommer	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Executive Incentive Bonus Plan	For	For	Management
4	Restore or Provide for Cumulative Voting	Against	For	Shareholder

BELLSOUTH CORP.

Ticker:	BLS	Security ID:	079860102
Meeting Date:	APR 25, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director F. Duane Ackerman	For	For	Management
1.2	Elect Director Reuben V. Anderson	For	For	Management
1.3	Elect Director James H. Blanchard	For	For	Management
1.4	Elect Director J. Hyatt Brown	For	For	Management
1.5	Elect Director Armando M. Codina	For	For	Management
1.6	Elect Director Kathleen F. Feldstein	For	For	Management
1.7	Elect Director James P. Kelly	For	For	Management
1.8	Elect Director Leo F. Mullin	For	For	Management
1.9	Elect Director William S. Stavropoulos	For	For	Management
1.10	Elect Director Robin B. Smith	For	For	Management
2	Ratify Auditors	For	For	Management
3	Political Contributions	Against	Against	Shareholder

BIOGEN IDEC, INC.

Ticker:	BIIB	Security ID:	09062X103
Meeting Date:	JUN 3, 2005	Meeting Type:	Annual
Record Date:	APR 6, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Thomas F. Keller	For	For	Management
1.2	Elect Director William H. Rastetter	For	For	Management
1.3	Elect Director Lynn Schenk	For	For	Management
1.4	Elect Director Philip A. Sharp	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Amend Qualified Employee Stock Purchase Plan	For	For	Management

Page 12

BLACK & DECKER CORP., THE

Ticker:	BDK	Security ID:	091797100
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	FEB 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Nolan D. Archibald	For	For	Management
1.2	Elect Director Norman R. Augustine	For	For	Management
1.3	Elect Director Barbara L. Bowles	For	For	Management
1.4	Elect Director M. Anthony Burns	For	For	Management
1.5	Elect Director Kim B. Clark	For	For	Management
1.6	Elect Director Manuel A. Fernandez	For	For	Management
1.7	Elect Director Benjamin H. Griswold, IV	For	For	Management
1.8	Elect Director Anthony Luiso	For	For	Management
1.9	Elect Director Mark H. Willes	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Restricted Stock Plan	For	For	Management
4	Amend Executive Incentive Bonus Plan	For	For	Management
5	Performance-Based/Indexed Options	Against	Against	Shareholder
6	Limit Executive Compensation	Against	Against	Shareholder

BMC SOFTWARE, INC.

Ticker:	BMC	Security ID:	055921100
Meeting Date:	AUG 24, 2004	Meeting Type:	Annual
Record Date:	JUL 6, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director B. Garland Cupp	For	For	Management
1.2	Elect Director Robert E. Beauchamp	For	For	Management
1.3	Elect Director Jon E. Barfield	For	For	Management
1.4	Elect Director John W. Barter	For	For	Management
1.5	Elect Director Meldon K. Gafner	For	For	Management
1.6	Elect Director Lew W. Gray	For	For	Management
1.7	Elect Director Kathleen A. O’Neil	For	For	Management
1.8	Elect Director George F. Raymond	For	For	Management
1.9	Elect Director Tom C. Tinsley	For	For	Management
2	Ratify Auditors	For	For	Management

BOEING CO., THE

Ticker:	BA	Security ID:	097023105
Meeting Date:	MAY 2, 2005	Meeting Type:	Annual
Record Date:	MAR 3, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Kenneth M. Duberstein	For	Withhold	Management
1.2	Elect Director W. James McNerney, Jr.	For	Withhold	Management
1.3	Elect Director Lewis E. Platt	For	Withhold	Management
1.4	Elect Director Mike S. Zafirovski	For	For	Management
2	Ratify Auditors	For	For	Management
3	Adopt Human Rights Policy	Against	For	Shareholder
4	Develop Ethical Criteria for Military Contracts	Against	Against	Shareholder
5	Report on Political Contributions	Against	Against	Shareholder
6	Declassify the Board of Directors	Against	For	Shareholder
7	Adopt Simple Majority Vote Requirement	Against	For	Shareholder
8	Establish Other Board Committee	Against	For	Shareholder
9	Separate Chairman and CEO Positions	Against	Against	Shareholder

Page 13

BORDERS GROUP, INC.

Ticker:	BGP	Security ID:	099709107
Meeting Date:	MAY 19, 2005	Meeting Type:	Annual
Record Date:	MAR 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Joel J. Cohen	For	For	Management
1.2	Elect Director Gregory P. Josefowicz	For	For	Management
1.3	Elect Director Amy B. Lane	For	For	Management
1.4	Elect Director Victor L. Lund	For	For	Management
1.5	Elect Director Dr. Edna Greene Medford	For	For	Management
1.6	Elect Director Lawrence I. Pollock	For	For	Management
1.7	Elect Director Beth M. Pritchard	For	For	Management
2	Amend Executive Incentive Bonus Plan	For	For	Management
3	Ratify Auditors	For	For	Management

BOSTON SCIENTIFIC CORP.

Ticker:	BSX	Security ID:	101137107
Meeting Date:	MAY 10, 2005	Meeting Type:	Annual
Record Date:	MAR 18, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Ray J. Groves	For	For	Management
1.2	Elect Director Peter M. Nicholas	For	For	Management
1.3	Elect Director Warren B. Rudman	For	For	Management
1.4	Elect Director James R. Tobin	For	For	Management
2	Ratify Auditors	For	For	Management
3	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

BRISTOL-MYERS SQUIBB CO.

Ticker:	BMY	Security ID:	110122108
Meeting Date:	MAY 3, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director V.D. Coffman	For	For	Management
1.2	Elect Director J.M. Cornelius	For	For	Management
1.3	Elect Director P.R. Dolan	For	For	Management
1.4	Elect Director E.V. Futter	For	For	Management
1.5	Elect Director L.V. Gershtner, Jr.	For	For	Management
1.6	Elect Director L. Johansson	For	For	Management
1.7	Elect Director L.W. Sullivan	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Articles to Eliminate Certain Supermajority Vote Requirements	For	For	Management
4	Report on Political Contributions	Against	Against	Shareholder
5	Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic	Against	Against	Shareholder

Page 14

6	Eliminate Animal Testing	Against	Against	Shareholder
7	Separate Chairman and CEO Positions	Against	For	Shareholder
8	Proposal Regarding Restatement Situations	Against	Against	Shareholder
9	Limit/Prohibit Awards to Executives	Against	For	Shareholder
10	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

BURLINGTON RESOURCES INC.

Ticker:	BR	Security ID:	122014103
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director B.T. Alexander	For	For	Management
1.2	Elect Director R.V. Anderson	For	For	Management
1.3	Elect Director L.I. Grant	For	For	Management
1.4	Elect Director R.J. Harding	For	For	Management
1.5	Elect Director J.T. LaMacchia	For	For	Management
1.6	Elect Director R.L. Limbacher	For	For	Management
1.7	Elect Director J.F. McDonald	For	For	Management
1.8	Elect Director K.W. Orce	For	For	Management
1.9	Elect Director D.M. Roberts	For	For	Management
1.10	Elect Director J.A. Runde	For	For	Management
1.11	Elect Director J.F. Schwarz	For	For	Management
1.12	Elect Director W. Scott, Jr.	For	For	Management
1.13	Elect Director B.S. Shackouls	For	For	Management
1.14	Elect Director S.J. Shapiro	For	For	Management
1.15	Elect Director W.E. Wade, Jr	For	For	Management
2	Ratify Auditors	For	For	Management

CAPITAL ONE FINANCIAL CORP.

Ticker:	COF	Security ID:	14040H105
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Patrick W. Gross	For	For	Management
1.2	Elect Director Ann Fritz Hackett	For	For	Management
2	Ratify Auditors	For	For	Management
3	Require a Majority Vote for the Election of Directors	Against	For	Shareholder
4	Report on Pay Disparity	Against	Against	Shareholder

CARDINAL HEALTH, INC.

Ticker:	CAH	Security ID:	14149Y108
Meeting Date:	DEC 8, 2004	Meeting Type:	Annual
Record Date:	OCT 25, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director George H. Conrades	For	For	Management
1.2	Elect Director Robert L. Gerbig	For	For	Management

Page 15

1.3	Elect Director Richard C. Notebaert	For	For	Management
2	Amend Executive Incentive Bonus Plan	For	For	Management
3	Declassify the Board of Directors	Against	For	Shareholder

CAREMARK RX, INC.

Ticker:	CMX	Security ID:	141705103
Meeting Date:	MAY 11, 2005	Meeting Type:	Annual
Record Date:	MAR 29, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Edwin M. Crawford	For	For	Management
1.2	Elect Director Kristen Gibney Williams	For	For	Management
1.3	Elect Director Edward L. Hardin	For	For	Management
2	Report on Political Contributions	Against	Against	Shareholder

CARNIVAL CORP.

Ticker:	CCL	Security ID:	143658300
Meeting Date:	APR 13, 2005	Meeting Type:	Annual
Record Date:	FEB 14, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Micky Arison	For	For	Management
1.2	Elect Director Amb Richard G. Capen Jr	For	For	Management
1.3	Elect Director Robert H. Dickinson	For	For	Management
1.4	Elect Director Arnold W. Donald	For	For	Management
1.5	Elect Director Pier Luigi Foschi	For	For	Management
1.6	Elect Director Howard S. Frank	For	For	Management
1.7	Elect Director Richard J. Glasier	For	For	Management
1.8	Elect Director Baroness Hogg	For	For	Management
1.9	Elect Director A. Kirk Lanterman	For	For	Management
1.10	Elect Director Modesto A. Maidique	For	For	Management
1.11	Elect Director John P. Mcnulty	For	For	Management
1.12	Elect Director Sir John Parker	For	For	Management
1.13	Elect Director Peter G. Ratcliffe	For	For	Management
1.14	Elect Director Stuart Subotnick	For	For	Management
1.15	Elect Director Uzi Zucker	For	For	Management
2	TO APPROVE THE AMENDED AND RESTATED CARNIVAL CORPORATION 2001 OUTSIDE DIRECTOR STOCK PLAN.	For	For	Management
3	TO APPROVE THE CARNIVAL PLC 2005 EMPLOYEE SHARE PLAN.	For	For	Management
4	TO APPROVE THE CARNIVAL PLC 2005 EMPLOYEE STOCK PURCHASE PLAN.	For	For	Management
5	Ratify Auditors	For	For	Management
6	TO AUTHORIZE THE AUDIT COMMITTEE OF CARNIVAL PLC TO AGREE THE REMUNERATION OF THE INDEPENDENT AUDITORS.	For	For	Management
7	TO RECEIVE THE ACCOUNTS AND REPORTS FOR CARNIVAL PLC FOR THE FINANCIAL YEAR ENDED NOVEMBER 30, 2004.	For	For	Management
8	TO APPROVE THE DIRECTORS REMUNERATION REPORT OF CARNIVAL PLC.	For	For	Management
9	TO APPROVE LIMITS ON THE AUTHORITY TO ALLOT SHARES BY CARNIVAL PLC.	For	For	Management
10	TO APPROVE THE DISAPPLICATION OF PRE-EMPTION RIGHTS FOR CARNIVAL PLC.	For	For	Management
11	TO APPROVE A GENERAL AUTHORITY FOR CARNIVAL PLC TO BUY BACK CARNIVAL PLC ORDINARY SHARES IN THE OPEN MARKET.	For	For	Management

Page 16

CENDANT CORPORATION

Ticker:	CD	Security ID:	151313103
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Myra J. Biblowit	For	For	Management
1.2	Elect Director Leonard S. Coleman	For	For	Management
1.3	Elect Director Cheryl D. Mills	For	For	Management
1.4	Elect Director Brian Mulroney	For	For	Management
1.5	Elect Director Robert E. Nederlander	For	For	Management
1.6	Elect Director Ronald L. Nelson	For	For	Management
1.7	Elect Director Robert W. Pittman	For	For	Management
1.8	Elect Director Pauline D. E. Richards	For	For	Management
1.9	Elect Director Sheli Z. Rosenburg	For	For	Management
1.10	Elect Director Robert F. Smith	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Outside Director Stock Awards/Options in Lieu of Cash	For	For	Management
4	Approve Qualified Employee Stock Purchase Plan	For	For	Management
5	Report on Pay Disparity	Against	Against	Shareholder
6	Eliminate or Restrict Severance Agreements (Change-in-Control)	Against	For	Shareholder

CENTURYTEL, INC.

Ticker:	CTL	Security ID:	156700106
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Virginia Boulet	For	For	Management
1.2	Elect Director Calvin Czeschin	For	For	Management
1.3	Elect Director James B. Gardner	For	For	Management
1.4	Elect Director Gregory J. McCray	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management
4	Approve Non-Employee Director Omnibus Stock Plan	For	For	Management
5	Approve Executive Incentive Bonus Plan	For	For	Management

Page 17

CHEVRON CORP

Ticker:	CVX	Security ID:	166764100
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Samuel H. Armacost	For	For	Management
1.2	Elect Director Robert E. Denham	For	For	Management
1.3	Elect Director Robert J. Eaton	For	For	Management
1.4	Elect Director Sam Ginn	For	For	Management
1.5	Elect Director Carla Anderson Hills	For	For	Management
1.6	Elect Director Franklyn G. Jenifer	For	For	Management
1.7	Elect Director Sam Nunn	For	For	Management
1.8	Elect Director David J. O’Reilly	For	For	Management
1.9	Elect Director Peter J. Robertson	For	For	Management
1.10	Elect Director Charles R. Shoemate	For	For	Management
1.11	Elect Director Ronald D. Sugar	For	For	Management
1.12	Elect Director Carl Ware	For	For	Management
2	Ratify Auditors	For	For	Management
3	Limit Executive Compensation	Against	Against	Shareholder
4	Submit Severance Agreement (Change-in-Control) to Shareholder Vote	Against	For	Shareholder
5	Expense Stock Options	Against	For	Shareholder
6	Eliminate Animal Testing	Against	Against	Shareholder
7	Report on Drilling in Protected Areas	Against	Against	Shareholder
8	Report on Remediation Programs in Ecuador	Against	Against	Shareholder

CHUBB CORP., THE

Ticker:	CB	Security ID:	171232101
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director ZOE BAIRD	For	For	Management
1.2	Elect Director SHEILA P. BURKE	For	For	Management
1.3	Elect Director JAMES I. CASH, JR.	For	For	Management
1.4	Elect Director JOEL J. COHEN	For	For	Management
1.5	Elect Director JAMES M. CORNELIUS	For	For	Management
1.6	Elect Director JOHN D. FINNEGAN	For	For	Management
1.7	Elect Director KLAUS J. MANGOLD	For	For	Management
1.8	Elect Director SIR DAVID G SCHOLEY CBE	For	For	Management
1.9	Elect Director RAYMOND G.H. SEITZ	For	For	Management
1.10	Elect Director LAWRENCE M. SMALL	For	For	Management
1.11	Elect Director DANIEL E. SOMERS	For	For	Management
1.12	Elect Director KAREN HASTIE WILLIAMS	For	For	Management
1.13	Elect Director ALFRED W. ZOLLAR	For	For	Management
2	Ratify Auditors	For	For	Management

CIGNA CORP.

Ticker:	CI	Security ID:	125509109
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Peter N. Larson	For	For	Management
1.2	Elect Director Carol Cox Wait	For	For	Management
1.3	Elect Director William D. Zollars	For	For	Management
1.4	Elect Director Marilyn Ware	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management

Page 18

CISCO SYSTEMS, INC.

Ticker:	CSCO	Security ID:	17275R102
Meeting Date:	NOV 18, 2004	Meeting Type:	Annual
Record Date:	SEP 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Carol A. Bartz	For	For	Management
1.2	Elect Director M. Michele Burns	For	For	Management
1.3	Elect Director Larry R. Carter	For	For	Management
1.4	Elect Director John T. Chambers	For	For	Management
1.5	Elect Director Dr. James F. Gibbons	For	For	Management
1.6	Elect Director Dr. John L. Hennessy	For	For	Management
1.7	Elect Director Roderick C. McGeary	For	For	Management
1.8	Elect Director James C. Morgan	For	For	Management
1.9	Elect Director John P. Morgridge	For	For	Management
1.10	Elect Director Donald T. Valentine	For	For	Management
1.11	Elect Director Steven M. West	For	For	Management
1.12	Elect Director Jerry Yang	For	For	Management
2	Ratify Auditors	For	For	Management
3	Report on Pay Disparity	Against	Against	Shareholder

CIT GROUP INC

Ticker:	CIT	Security ID:	125581108
Meeting Date:	MAY 11, 2005	Meeting Type:	Annual
Record Date:	MAR 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Jeffrey M. Peek	For	For	Management
1.2	Elect Director Gary C. Butler	For	For	Management
1.3	Elect Director William A. Farlinger	For	For	Management
1.4	Elect Director William M. Freeman	For	For	Management
1.5	Elect Director Hon. Thomas H. Kean	For	For	Management
1.6	Elect Director Marianne Miller Parrs	For	For	Management
1.7	Elect Director Timothy M. Ring	For	For	Management
1.8	Elect Director John R. Ryan	For	For	Management
1.9	Elect Director Peter J. Tobin	For	For	Management
1.10	Elect Director Lois M. Van Deusen	For	For	Management
2	Ratify Auditors	For	For	Management
3	Other Business	For	For	Management

COCA COLA COMPANY, THE

Ticker:	KO	Security ID:	191216100
Meeting Date:	APR 19, 2005	Meeting Type:	Annual
Record Date:	FEB 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Herbert A. Allen	For	For	Management
1.2	Elect Director Ronald W. Allen	For	For	Management
1.3	Elect Director Cathleen P. Black	For	For	Management
1.4	Elect Director Warren E. Buffett	For	For	Management

Page 19

1.5	Elect Director Barry Diller	For	For	Management
1.6	Elect Director E. Neville Isdell	For	For	Management
1.7	Elect Director Donald R. Keough	For	For	Management
1.8	Elect Director Maria Elena Lagomasino	For	For	Management
1.9	Elect Director Donald F. McHenry	For	For	Management
1.10	Elect Director Sam Nunn	For	For	Management
1.11	Elect Director J. Pedro Reinhard	For	For	Management
1.12	Elect Director James D. Robinson III	For	For	Management
1.13	Elect Director Peter V. Ueberroth	For	For	Management
1.14	Elect Director James B. Williams	For	For	Management
2	Ratify Auditors	For	For	Management
3	Review Labor Rights in Columbia	Against	Against	Shareholder
4	Performance-Based/Indexed Options	Against	For	Shareholder
5	Submit Severance Agreement to Shareholder Vote	Against	For	Shareholder

COCA-COLA ENTERPRISES INC.

Ticker:	CCE	Security ID:	191219104
Meeting Date:	APR 29, 2005	Meeting Type:	Annual
Record Date:	MAR 2, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Fernando Aguirre	For	For	Management
1.2	Elect Director James E. Copeland, Jr.	For	For	Management
1.3	Elect Director Irial Finan	For	For	Management
1.4	Elect Director Summerfield K. Johnston, III	For	For	Management
2	Approve Executive Incentive Bonus Plan	For	For	Management
3	Ratify Auditors	For	For	Management
4	Limit Executive Compensation	Against	For	Shareholder
5	Performance-Based/Indexed Options	Against	For	Shareholder
6	Amendment of Governance Documents to Require Election of Directors by Majority Vote	Against	For	Shareholder
7	Performance and Time-Based Restricted Share Grant Program for Senior Executives	Against	Against	Shareholder

COLGATE-PALMOLIVE CO.

Ticker:	CL	Security ID:	194162103
Meeting Date:	MAY 4, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Jill K. Conway	For	For	Management
1.2	Elect Director Ronald E. Ferguson	For	For	Management
1.3	Elect Director Ellen M. Hancock	For	For	Management
1.4	Elect Director David W. Johnson	For	For	Management
1.5	Elect Director Richard J. Kogan	For	For	Management
1.6	Elect Director Delano E. Lewis	For	For	Management
1.7	Elect Director Reuben Mark	For	For	Management
1.8	Elect Director Elizabeth A. Monrad	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Stock Option Plan	For	For	Management
4	Approve Non-Employee Director Stock Option Plan	For	For	Management
5	Review/Limit Executive Compensation	Against	Against	Shareholder

Page 20

COMCAST CORP.

Ticker:	CMCSA	Security ID:	20030N101
Meeting Date:	JUN 1, 2005	Meeting Type:	Annual
Record Date:	MAR 24, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director S. Decker Anstrom	For	For	Management
1.2	Elect Director Kenneth J. Bacon	For	For	Management
1.3	Elect Director Sheldon M. Bonovitz	For	For	Management
1.4	Elect Director Edward D. Breen	For	For	Management
1.5	Elect Director Julian A. Brodsky	For	For	Management
1.6	Elect Director Joseph L. Castle, II	For	For	Management
1.7	Elect Director Joseph J. Collins	For	For	Management
1.8	Elect Director J. Michael Cook	For	For	Management
1.9	Elect Director Brian L. Roberts	For	For	Management
1.10	Elect Director Ralph J. Roberts	For	For	Management
1.11	Elect Director Dr. Judith Rodin	For	For	Management
1.12	Elect Director Michael I. Sovern	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Restricted Stock Plan	For	For	Management
4	Report on Political Contributions	Against	Against	Shareholder
5	Separate Chairman and CEO Positions	Against	For	Shareholder
6	Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote	Against	For	Shareholder
7	Approve Recapitalization Plan	Against	Against	Shareholder

COMERICA INC.

Ticker:	CMA	Security ID:	200340107
Meeting Date:	MAY 17, 2005	Meeting Type:	Annual
Record Date:	MAR 18, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Joseph J. Buttigieg, III	For	For	Management
1.2	Elect Director J. Philip DiNapoli	For	For	Management
1.3	Elect Director Roger Fridholm	For	For	Management
1.4	Elect Director Alfred A. Piergallini	For	For	Management
1.5	Elect Director Patricia M. Wallington	For	For	Management
1.6	Elect Director Gail L. Warden	For	For	Management
2	Ratify Auditors	For	For	Management

COMVERSE TECHNOLOGY, INC.

Ticker:	CMVT	Security ID:	205862402
Meeting Date:	JUN 16, 2005	Meeting Type:	Annual
Record Date:	APR 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Kobi Alexander	For	For	Management
1.2	Elect Director Raz Alon	For	For	Management
1.3	Elect Director Itsik Danziger	For	For	Management

Page 21

1.4	Elect Director John H. Friedman	For	For	Management
1.5	Elect Director Ron Hiram	For	For	Management
1.6	Elect Director Sam Oolie	For	For	Management
1.7	Elect Director William F. Sorin	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management

CONOCOPHILLIPS

Ticker:	COP	Security ID:	20825C104
Meeting Date:	MAY 5, 2005	Meeting Type:	Annual
Record Date:	MAR 10, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director J.J. Mulva	For	For	Management
1.2	Elect Director Norman R. Augustine	For	For	Management
1.3	Elect Director Larry D. Horner	For	For	Management
1.4	Elect Director Charles C. Krulak	For	For	Management
2	Ratify Auditors	For	For	Management
3	Limit Executive Compensation	Against	Against	Shareholder
4	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

CONSTELLATION ENERGY GROUP, INC.

Ticker:	CEG	Security ID:	210371100
Meeting Date:	MAY 20, 2005	Meeting Type:	Annual
Record Date:	MAR 18, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Yves C. de Balmann	For	For	Management
1.2	Elect Director Freeman A. Hrabowski, III	For	For	Management
1.3	Elect Director Nancy Lampton	For	For	Management
1.4	Elect Director Lynn M. Martin	For	For	Management
2	Ratify Auditors	For	For	Management

CORNING INC.

Ticker:	GLW	Security ID:	219350105
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John Seely Brown	For	For	Management
1.2	Elect Director Gordon Gund	For	For	Management
1.3	Elect Director John M. Hennessy	For	For	Management
1.4	Elect Director H. Onno Ruding	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management

Page 22

COSTCO WHOLESALE CORPORATION

Ticker:	COST	Security ID:	22160K105
Meeting Date:	JAN 27, 2005	Meeting Type:	Annual
Record Date:	DEC 3, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Richard D. Dicerchio	For	For	Management
1.2	Elect Director Richard M. Libenson	For	For	Management
1.3	Elect Director John W. Meisenbach	For	For	Management
1.4	Elect Director Charles T. Munger	For	For	Management
1.5	Elect Director Susan L. Decker	For	For	Management
2	Amend Stock Option Plan	For	For	Management
3	Adopt Vendor Standards	Against	Against	Shareholder
4	Develop Land Procurement Policy	Against	Against	Shareholder
5	Ratify Auditors	For	For	Management

COUNTRYWIDE FINANCIAL CORP.

Ticker:	CFC	Security ID:	222372104
Meeting Date:	AUG 17, 2004	Meeting Type:	Special
Record Date:	JUL 9, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Increase Authorized Common Stock	For	For	Management

COUNTRYWIDE FINANCIAL CORP.

Ticker:	CFC	Security ID:	222372104
Meeting Date:	JUN 15, 2005	Meeting Type:	Annual
Record Date:	APR 20, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Angelo R. Mozilo	For	For	Management
1.2	Elect Director Stanford L. Kurland	For	For	Management
1.3	Elect Director Oscar P. Robertson	For	For	Management
1.4	Elect Director Keith P. Russell	For	For	Management
2	Amend Executive Incentive Bonus Plan	For	For	Management
3	Ratify Auditors	For	For	Management

CVS CORPORATION

Ticker:	CVS	Security ID:	126650100
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 15, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director W. Don Cornwell	For	For	Management
1.2	Elect Director Thomas P. Gerrity	For	For	Management
1.3	Elect Director Stanley P. Goldstein	For	For	Management
1.4	Elect Director Marian L. Heard	For	For	Management
1.5	Elect Director William H. Joyce	For	For	Management
1.6	Elect Director Terrence Murray	For	For	Management
1.7	Elect Director Sheli Z. Rosenberg	For	For	Management
1.8	Elect Director Thomas M. Ryan	For	For	Management

Page 23

1.9	Elect Director Alfred J. Verrecchia	For	For	Management
2	Ratify Auditors	For	For	Management
3	Require a Majority Vote for the Election of Directors	Against	For	Shareholder
4	Performance-Based/Indexed Options	Against	Against	Shareholder
5	Review/Limit Executive Compensation	Against	Against	Shareholder

DANAHER CORP.

Ticker:	DHR	Security ID:	235851102
Meeting Date:	MAY 4, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director H. Lawrence Culp, Jr.	For	For	Management
1.2	Elect Director Mitchell P. Rales	For	For	Management
1.3	Elect Director A. Emmet Stephenson, Jr.	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management
4	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

DEERE & CO.

Ticker:	DE	Security ID:	244199105
Meeting Date:	FEB 23, 2005	Meeting Type:	Annual
Record Date:	DEC 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John R. Block	For	For	Management
1.2	Elect Director T. Kevin Dunnigan	For	For	Management
1.3	Elect Director Dipak C. Jain	For	For	Management
1.4	Elect Director Joachim Milberg	For	For	Management
2	Amend Executive Incentive Bonus Plan	For	For	Management
3	Ratify Auditors	For	For	Management

DELL INC.

Ticker:	DELL	Security ID:	24702R101
Meeting Date:	JUL 16, 2004	Meeting Type:	Annual
Record Date:	MAY 21, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Donald J. Carty	For	For	Management
1.2	Elect Director Michael S. Dell	For	For	Management
1.3	Elect Director William H. Gray, III	For	For	Management
1.4	Elect Director Judy C. Lewent	For	For	Management
1.5	Elect Director Thomas W. Luce, III	For	For	Management
1.6	Elect Director Klaus S. Luft	For	For	Management
1.7	Elect Director Alex J. Mandl	For	For	Management
1.8	Elect Director Michael A. Miles	For	For	Management
1.9	Elect Director Samuel A. Nunn, Jr.	For	For	Management
1.10	Elect Director Kevin B. Rollins	For	For	Management
2	Ratify Auditors	For	For	Management
3	Expense Stock Options	Against	For	Shareholder

Page 24

DEVON ENERGY CORP.

Ticker:	DVN	Security ID:	25179M103
Meeting Date:	JUN 8, 2005	Meeting Type:	Annual
Record Date:	APR 11, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John A. Hill	For	For	Management
1.2	Elect Director William J. Johnson	For	For	Management
1.3	Elect Director Robert A. Mosbacher Jr.	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

DOW CHEMICAL COMPANY, THE

Ticker:	DOW	Security ID:	260543103
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 14, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Jacqueline K. Barton	For	For	Management
1.2	Elect Director Anthony J. Carbone	For	For	Management
1.3	Elect Director Barbara H. Franklin	For	For	Management
1.4	Elect Director Andrew N. Liveris	For	For	Management
1.5	Elect Director Harold T. Shapiro	For	For	Management
2	Ratify Auditors	For	For	Management
3	Report on Persistent Bioaccumulative and Toxic Chemicals	Against	Against	Shareholder

E*TRADE FINANCIAL CORP.

Ticker:	ET	Security ID:	269246104
Meeting Date:	MAY 26, 2005	Meeting Type:	Annual
Record Date:	APR 4, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Mitchell H. Caplan	For	For	Management
1.2	Elect Director C. Cathleen Raffaeli	For	For	Management
1.3	Elect Director Daryl G. Brewster	For	For	Management
1.4	Elect Director Stephen H. Willard	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Approve Executive Incentive Bonus Plan	For	For	Management
4	Ratify Auditors	For	For	Management

Page 25

E.I. DU PONT DE NEMOURS & CO.

Ticker:	DD	Security ID:	263534109
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Alain J.P. Belda	For	For	Management
1.2	Elect Director Richard H. Brown	For	For	Management
1.3	Elect Director Curtis J. Crawford	For	For	Management
1.4	Elect Director John T. Dillon	For	For	Management
1.5	Elect Director Louisa C. Duemling	For	For	Management
1.6	Elect Director Charles O. Holliday, Jr.	For	For	Management
1.7	Elect Director Lois D. Juliber	For	For	Management
1.8	Elect Director Masahisa Naitoh	For	For	Management
1.9	Elect Director William K. Reilly	For	For	Management
1.10	Elect Director H. Rodney Sharp, III	For	For	Management
1.11	Elect Director Charles M. Vest	For	For	Management
2	Ratify Auditors	For	For	Management
3	Report on Government Service of Employees	Against	Against	Shareholder
4	Implement ILO Code of Conduct	Against	Against	Shareholder
5	Executive Compensation	Against	Against	Shareholder
6	Eliminate Animal Testing	Against	Against	Shareholder
7	Report on Genetically Modified Organisms	Against	Against	Shareholder
8	Performance-Based/Indexed Options	Against	Against	Shareholder
9	Report on PFOA Chemical Remediation	Against	Against	Shareholder

EASTMAN KODAK CO.

Ticker:	EK	Security ID:	277461109
Meeting Date:	MAY 11, 2005	Meeting Type:	Annual
Record Date:	MAR 15, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Richard S. Braddock	For	For	Management
1.2	Elect Director Daniel A. Carp	For	For	Management
1.3	Elect Director Durk I. Jager	For	For	Management
1.4	Elect Director Debra L. Lee	For	For	Management
1.5	Elect Director Antonio M. Perez	For	For	Management
1.6	Elect Director Michael J. Hawley	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Amend Executive Incentive Bonus Plan	For	For	Management
5	Declassify the Board of Directors	For	For	Management
6	Amend Articles	For	For	Management
7	Amend Articles	For	For	Management

EATON CORP.

Ticker:	ETN	Security ID:	278058102
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Ned C. Lautenbach	For	For	Management
1.2	Elect Director John R. Miller	For	For	Management
1.3	Elect Director Gregory R. Page	For	For	Management
1.4	Elect Director Victor A. Pelson	For	For	Management
2	Ratify Auditors	For	For	Management

Page 26

EBAY INC.

Ticker:	EBAY	Security ID:	278642103
Meeting Date:	JUN 23, 2005	Meeting Type:	Annual
Record Date:	APR 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Fred D. Anderson	For	For	Management
1.2	Elect Director Edward W. Barnholt	For	For	Management
1.3	Elect Director Scott D. Cook	For	For	Management
1.4	Elect Director Robert C. Kagle	For	For	Management
2	Approve Executive Incentive Bonus Plan	For	For	Management
3	Increase Authorized Common Stock	For	For	Management
4	Ratify Auditors	For	For	Management
5	Performance-Based/Indexed Options	Against	For	Shareholder
6	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

ECOLAB, INC.

Ticker:	ECL	Security ID:	278865100
Meeting Date:	MAY 6, 2005	Meeting Type:	Annual
Record Date:	MAR 15, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Douglas M. Baker, Jr.	For	For	Management
1.2	Elect Director Stefan Hamelmann	For	For	Management
1.3	Elect Director James J. Howard	For	For	Management
1.4	Elect Director Jerry W. Levin	For	For	Management
1.5	Elect Director Robert L. Lumpkins	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Require a Majority Vote for the Election of Directors	Against	For	Shareholder
4	Ratify Auditors	For	For	Management

EDISON INTERNATIONAL

Ticker:	EIX	Security ID:	281020107
Meeting Date:	MAY 19, 2005	Meeting Type:	Annual
Record Date:	MAR 21, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John E. Bryson	For	For	Management
1.2	Elect Director France A. Cordova	For	For	Management
1.3	Elect Director Thomas C. Sutton	For	For	Management
1.4	Elect Director Bradford M. Freeman	For	For	Management
1.5	Elect Director Bruce Karatz	For	For	Management
1.6	Elect Director Luis G. Nogales	For	For	Management
1.7	Elect Director Ronald L. Olson	For	For	Management
1.8	Elect Director James M. Rosser	For	For	Management
1.9	Elect Director Richard T. Schlosberg, III	For	For	Management
1.10	Elect Director Robert H. Smith	For	For	Management
2	Submit Severance Agreement (Change-in-Control) to Shareholder Vote	Against	For	Shareholder

Page 27

ELECTRONIC ARTS INC.

Ticker:	ERTS	Security ID:	285512109
Meeting Date:	JUL 29, 2004	Meeting Type:	Annual
Record Date:	JUN 8, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director M. Richard Asher	For	For	Management
1.2	Elect Director William J. Byron	For	For	Management
1.3	Elect Director Leonard S. Coleman	For	For	Management
1.4	Elect Director Gary M. Kusin	For	For	Management
1.5	Elect Director Gregory B. Maffei	For	For	Management
1.6	Elect Director Timothy Mott	For	For	Management
1.7	Elect Director Robert W. Pittman	For	For	Management
1.8	Elect Director Lawrence F. Probst III	For	For	Management
1.9	Elect Director Linda J. Srere	For	For	Management
2	Amend Omnibus Stock Plan	For	For	Management
3	Amend Employee Stock Purchase Plan	For	For	Management
4	Amend Articles to Consolidate Common Stock	For	For	Management
5	Increase Authorized Common Stock	For	For	Management
6	Ratify Auditors	For	For	Management

ELI LILLY AND CO.

Ticker:	LLY	Security ID:	532457108
Meeting Date:	APR 18, 2005	Meeting Type:	Annual
Record Date:	FEB 15, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director G.M.C. Fisher	For	For	Management
1.2	Elect Director A.G. Gilman	For	For	Management
1.3	Elect Director K.N. Horn	For	For	Management
1.4	Elect Director J. Rose	For	For	Management
2	Ratify Auditors	For	For	Management
3	Separate Chairman and CEO Positions	Against	For	Shareholder
4	Review and Report on Drug Reimportation Policy	Against	Against	Shareholder
5	Report on Product Availability in Canada	Against	Against	Shareholder
6	Report on Political Contributions	Against	Against	Shareholder
7	Adopt Policy on Performance - based Stock Option Grants	Against	For	Shareholder
8	Eliminate Animal Testing	Against	Against	Shareholder

EMC CORP.

Ticker:	EMC	Security ID:	268648102
Meeting Date:	MAY 5, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Michael J. Cronin	For	For	Management

Page 28

1.2	Elect Director W. Paul Fitzgerald	For	Withhold	Management
1.3	Elect Director Joseph M. Tucci	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management
4	Performance-Based/Indexed Options	Against	Against	Shareholder
5	Creation of an Independent Audit Committee	Against	Against	Shareholder

EXXON MOBIL CORP.

Ticker:	XOM	Security ID:	30231G102
Meeting Date:	MAY 25, 2005	Meeting Type:	Annual
Record Date:	APR 6, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Michael J. Boskin	For	For	Management
1.2	Elect Director William W. George	For	For	Management
1.3	Elect Director James R. Houghton	For	For	Management
1.4	Elect Director William R. Howell	For	For	Management
1.5	Elect Director Reatha Clark King	For	For	Management
1.6	Elect Director Philip E. Lippincott	For	For	Management
1.7	Elect Director Henry A. McKinnell, Jr.	For	For	Management
1.8	Elect Director Marilyn Carlson Nelson	For	For	Management
1.9	Elect Director Lee R. Raymond	For	For	Management
1.10	Elect Director Walter V. Shipley	For	For	Management
1.11	Elect Director Rex W. Tillerson	For	For	Management
2	Ratify Auditors	For	For	Management
3	Political Contributions/Activities	Against	Against	Shareholder
4	Review/Limit Executive Compensation	Against	Against	Shareholder
5	Nominate Independent Directors with Industry Experience	Against	Against	Shareholder
6	Report on Payments to Indonesian Military	Against	Against	Shareholder
7	Adopt Policy Prohibiting Discrimination based on Sexual Orientation	Against	For	Shareholder
8	Report on Potential Damage of Drilling in Protected Regions	Against	Against	Shareholder
9	Disclose Information Supporting the Company Position on Climate Change	Against	Against	Shareholder
10	Report on Company Policies for Compliance with the Kyoto Protocol	Against	For	Shareholder

FIRST HORIZON NATIONAL CORP

Ticker:	FHN	Security ID:	320517105
Meeting Date:	APR 19, 2005	Meeting Type:	Annual
Record Date:	FEB 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Simon F. Cooper	For	For	Management
1.2	Elect Director James A. Haslam, III	For	For	Management
1.3	Elect Director Mary F. Sammons	For	For	Management
2	Ratify Auditors	For	For	Management

Page 29

FIRSTENERGY CORPORATION

Ticker:	FE	Security ID:	337932107
Meeting Date:	MAY 17, 2005	Meeting Type:	Annual
Record Date:	MAR 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Anthony J. Alexander	For	For	Management
1.2	Elect Director Russell W. Maier	For	For	Management
1.3	Elect Director Robert N. Pokelwaldt	For	For	Management
1.4	Elect Director Wes M. Taylor	For	For	Management
1.5	Elect Director Jesse T. Williams, Sr.	For	For	Management
2	Ratify Auditors	For	For	Management
3	Report on Political Contributions	Against	Against	Shareholder
4	Amend Vote Requirements to Amend Articles/Bylaws/Charter	Against	For	Shareholder
5	Performance-Based/Indexed Options	Against	Against	Shareholder

FISERV, INC.

Ticker:	FISV	Security ID:	337738108
Meeting Date:	APR 6, 2005	Meeting Type:	Annual
Record Date:	FEB 14, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director D.F. Dillon	For	For	Management
1.2	Elect Director G.J. Levy	For	For	Management
1.3	Elect Director G.M. Renwick	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Executive Incentive Bonus Plan	For	For	Management
4	Approve Omnibus Stock Plan	For	For	Management

FORD MOTOR COMPANY

Ticker:	F	Security ID:	345370860
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 16, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John R.H. Bond	For	For	Management
1.2	Elect Director Stephen G. Butler	For	For	Management
1.3	Elect Director Kimberly A. Casiano	For	For	Management
1.4	Elect Director Edsel B. Ford II	For	For	Management
1.5	Elect Director William Clay Ford, Jr.	For	For	Management
1.6	Elect Director Irvine O. Hockaday, Jr.	For	For	Management
1.7	Elect Director Marie-Josee Kravis	For	For	Management
1.8	Elect Director Richard A. Manoogian	For	For	Management
1.9	Elect Director Ellen R. Marram	For	For	Management
1.10	Elect Director Homer A. Neal	For	For	Management
1.11	Elect Director Jorma Ollila	For	For	Management
1.12	Elect Director James J. Padilla	For	For	Management
1.13	Elect Director Carl E. Reichardt	For	For	Management
1.14	Elect Director Robert E. Rubin	For	For	Management
1.15	Elect Director John L. Thornton	For	For	Management
2	Ratify Auditors	For	For	Management
3	Increase Disclosure on Executive Compensation	Against	Against	Shareholder
4	Report on Lobbying Efforts-CAFE Standards	Against	Against	Shareholder

Page 30

5	Prohibit Awards to Executives	Against	Against	Shareholder
6	Link Executive Compensation to Greenhouse Gas Reduction	Against	Against	Shareholder
7	Adopt Recapitalization Plan	Against	For	Shareholder
8	Establish Other Board Committee	Against	For	Shareholder

FOREST LABORATORIES, INC.

Ticker:	FRX	Security ID:	345838106
Meeting Date:	AUG 11, 2004	Meeting Type:	Annual
Record Date:	JUN 21, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Howard Solomon	For	For	Management
1.2	Elect Director William J. Candee, III	For	For	Management
1.3	Elect Director George S. Cohan	For	For	Management
1.4	Elect Director Dan L. Goldwasser	For	For	Management
1.5	Elect Director Lester B. Salans	For	For	Management
1.6	Elect Director Kenneth E. Goodman	For	For	Management
1.7	Elect Director Phillip M. Satow	For	For	Management
2	Increase Authorized Common Stock	For	For	Management
3	Approve Stock Option Plan	For	For	Management
4	Ratify Auditors	For	For	Management

FORTUNE BRANDS, INC.

Ticker:	FO	Security ID:	349631101
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	FEB 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Thomas C. Hays	For	For	Management
1.2	Elect Director Pierre E. Leroy	For	For	Management
1.3	Elect Director Gordon R. Lohman	For	For	Management
1.4	Elect Director J. Christopher Reyes	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Non-Employee Director Stock Option Plan	For	For	Management

FOX ENTERTAINMENT GROUP, INC.

Ticker:	FOX	Security ID:	35138T107
Meeting Date:	NOV 16, 2004	Meeting Type:	Annual
Record Date:	SEP 24, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director K. Rupert Murdoch	For	For	Management
1.2	Elect Director Peter Chernin	For	For	Management
1.3	Elect Director David F. Devoe	For	For	Management
1.4	Elect Director Arthur M. Siskind	For	For	Management
1.5	Elect Director Lachlan K. Murdoch	For	For	Management
1.6	Elect Director Christos M. Cotsakos	For	For	Management
1.7	Elect Director Peter Powers	For	For	Management
2	Ratify Auditors	For	For	Management

Page 31

FREDDIE MAC

Ticker:	FRE	Security ID:	313400301
Meeting Date:	NOV 4, 2004	Meeting Type:	Annual
Record Date:	SEP 10, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Barbara T. Alexander	For	For	Management
1.2	Elect Director Geoffrey T. Boisi	For	For	Management
1.3	Elect Director Michelle Engler	For	For	Management
1.4	Elect Director Richard Karl Goeltz	For	For	Management
1.5	Elect Director Thomas S. Johnson	For	For	Management
1.6	Elect Director William M. Lewis, Jr.	For	For	Management
1.7	Elect Director John B. Mccoy	For	For	Management
1.8	Elect Director Eugene M. Mcquade	For	For	Management
1.9	Elect Director Shaun F. O’Malley	For	For	Management
1.10	Elect Director Ronald F. Poe	For	For	Management
1.11	Elect Director Stephen A. Ross	For	For	Management
1.12	Elect Director Richard F. Syron	For	For	Management
1.13	Elect Director William J. Turner	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Amend Employee Stock Purchase Plan	For	For	Management

GANNETT CO., INC.

Ticker:	GCI	Security ID:	364730101
Meeting Date:	APR 14, 2005	Meeting Type:	Annual
Record Date:	MAR 4, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Louis D. Boccardi	For	For	Management
1.2	Elect Director Donna E. Shalala	For	For	Management
2	Ratify Auditors	For	For	Management
3	Performance-Based/Indexed Options	Against	Against	Shareholder
4	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

GENENTECH, INC.

Ticker:	DNA	Security ID:	368710406
Meeting Date:	APR 14, 2005	Meeting Type:	Annual
Record Date:	FEB 14, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Herbert W. Boyer	For	For	Management
1.2	Elect Director William M. Burns	For	For	Management
1.3	Elect Director Erich Hunziker	For	For	Management
1.4	Elect Director Jonathan K.C. Knowles	For	For	Management
1.5	Elect Director Arthur D. Levinson	For	For	Management
1.6	Elect Director Charles A. Sanders	For	For	Management
2	Ratify Auditors	For	For	Management

Page 32

GENERAL DYNAMICS CORP.

Ticker:	GD	Security ID:	369550108
Meeting Date:	MAY 4, 2005	Meeting Type:	Annual
Record Date:	MAR 11, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Nicholas D. Chabraja	For	For	Management
1.2	Elect Director James S. Crown	For	For	Management
1.3	Elect Director Lester Crown	For	For	Management
1.4	Elect Director William P. Fricks	For	For	Management
1.5	Elect Director Charles H. Goodman	For	For	Management
1.6	Elect Director Jay L. Johnson	For	For	Management
1.7	Elect Director George A. Joulwan	For	For	Management
1.8	Elect Director Paul G. Kaminski	For	For	Management
1.9	Elect Director John M. Keane	For	For	Management
1.10	Elect Director Lester L. Lyles	For	For	Management
1.11	Elect Director Carl E. Mundy, Jr	For	For	Management
1.12	Elect Director Robert Walmsley	For	For	Management
2	Ratify Auditors	For	For	Management
3	Limit Executive Compensation	Against	For	Shareholder
4	Report on Foreign Weapons Sales	Against	Against	Shareholder

GENERAL ELECTRIC CO.

Ticker:	GE	Security ID:	369604103
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James I. Cash, Jr.	For	For	Management
1.2	Elect Director William M. Castell	For	For	Management
1.3	Elect Director Dennis D. Dammerman	For	For	Management
1.4	Elect Director Ann M. Fudge	For	For	Management
1.5	Elect Director Claudio X. Gonzalez	For	For	Management
1.6	Elect Director Jeffrey R. Immelt	For	For	Management
1.7	Elect Director Andrea Jung	For	For	Management
1.8	Elect Director Alan G. Lafley	For	For	Management
1.9	Elect Director Ralph S. Larsen	For	For	Management
1.10	Elect Director Rochelle B. Lazarus	For	For	Management
1.11	Elect Director Sam Nunn	For	For	Management
1.12	Elect Director Roger S. Penske	For	For	Management
1.13	Elect Director Robert J. Swieringa	For	For	Management
1.14	Elect Director Douglas A. Warner III	For	For	Management
1.15	Elect Director Robert C. Wright	For	For	Management
2	Ratify Auditors	For	For	Management
3	Provide for Cumulative Voting	Against	For	Shareholder
4	Report on Nuclear Fuel Storage Risks	Against	Against	Shareholder
5	Report on PCB Clean-up Costs	Against	For	Shareholder
6	Adopt Policy on Overboarded Directors	Against	Against	Shareholder
7	Prepare a Sustainability Report	Against	Against	Shareholder
8	Political Contributions/Activities	Against	Against	Shareholder
9	Eliminate Animal Testing	Against	Against	Shareholder

Page 33

GENERAL MOTORS CORP.

Ticker:	GM	Security ID:	370442105
Meeting Date:	JUN 7, 2005	Meeting Type:	Annual
Record Date:	APR 8, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Percy N. Barnevik	For	For	Management
1.2	Elect Director Erskine B. Bowles	For	For	Management
1.3	Elect Director John H. Bryan	For	For	Management
1.4	Elect Director Armando M. Codina	For	For	Management
1.5	Elect Director George M.C. Fisher	For	For	Management
1.6	Elect Director Karen Katen	For	For	Management
1.7	Elect Director Kent Kresa	For	For	Management
1.8	Elect Director Ellen J. Kullman	For	For	Management
1.9	Elect Director Philip A. Laskawy	For	For	Management
1.10	Elect Director E. Stanley O’Neal	For	For	Management
1.11	Elect Director Eckhard Pfeiffer	For	For	Management
1.12	Elect Director G. Richard Wagoner, Jr.	For	For	Management
2	Ratify Auditors	For	For	Management
3	Prohibit Awards to Executives	Against	Against	Shareholder
4	Provide for Cumulative Voting	Against	For	Shareholder
5	Report on Greenhouse Gas Emissions	Against	Against	Shareholder
6	Submit Severance Agreement (Change-in-Control) to Shareholder Vote	Against	Against	Shareholder
7	Adopt Simple Majority Vote Requirement for All Issues	Against	Against	Shareholder

GEORGIA-PACIFIC CORP.

Ticker:	GP	Security ID:	373298108
Meeting Date:	MAY 3, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James S. Balloun	For	For	Management
1.2	Elect Director Thomas D. Bell, Jr.	For	For	Management
1.3	Elect Director Jon A. Boscia	For	For	Management
1.4	Elect Director Alston D. Correll	For	For	Management
1.5	Elect Director John D. Zeglis	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management
4	Declassify the Board of Directors	Against	For	Management

GILEAD SCIENCES, INC.

Ticker:	GILD	Security ID:	375558103
Meeting Date:	MAY 10, 2005	Meeting Type:	Annual
Record Date:	MAR 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Paul Berg	For	For	Management
1.2	Elect Director Etienne F. Davignon	For	For	Management
1.3	Elect Director James M. Denny	For	For	Management
1.4	Elect Director John C. Martin	For	For	Management
1.5	Elect Director Gordon E. Moore	For	For	Management

Page 34

1.6	Elect Director Nicholas G. Moore	For	For	Management
1.7	Elect Director George P. Shultz	For	For	Management
1.8	Elect Director Gayle E. Wilson	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management
4	Report on Impact of HIV/AIDS, TB, and Malaria Pandemics	Against	For	Shareholder

GILLETTE CO., THE

Ticker:	G	Security ID:	375766102
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 14, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Michael B. Gifford	For	For	Management
1.2	Elect Director Ray J. Groves	For	For	Management
1.3	Elect Director Fred H. Langhammer	For	For	Management
1.4	Elect Director Marjorie M. Yang	For	For	Management
2	Ratify Auditors	For	For	Management

GOLDMAN SACHS GROUP, INC., THE

Ticker:	GS	Security ID:	38141G104
Meeting Date:	APR 6, 2005	Meeting Type:	Annual
Record Date:	FEB 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John H. Bryan	For	For	Management
1.2	Elect Director Stephen Friedman	For	For	Management
1.3	Elect Director William W. George	For	For	Management
1.4	Elect Director Henry M. Paulson, Jr.	For	For	Management
2	Declassify the Board of Directors	For	For	Management
3	Ratify Auditors	For	For	Management

HALLIBURTON CO.

Ticker:	HAL	Security ID:	406216101
Meeting Date:	MAY 18, 2005	Meeting Type:	Annual
Record Date:	MAR 21, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Robert L. Crandall	For	For	Management
1.2	Elect Director Kenneth T. Derr	For	For	Management
1.3	Elect Director S. Malcolm Gillis	For	For	Management
1.4	Elect Director W.R. Howell	For	For	Management
1.5	Elect Director Ray L. Hunt	For	For	Management
1.6	Elect Director David J. Lesar	For	For	Management
1.7	Elect Director J. Landis Martin	For	For	Management
1.8	Elect Director Jay A. Precourt	For	For	Management
1.9	Elect Director Debra L. Reed	For	For	Management
2	Ratify Auditors	For	For	Management
3	Submit Severance Agreement (Change-in-Control) to Shareholder Vote	Against	For	Shareholder
4	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

Page 35

HARLEY-DAVIDSON, INC.

Ticker:	HDI	Security ID:	412822108
Meeting Date:	APR 30, 2005	Meeting Type:	Annual
Record Date:	MAR 9, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director George H. Conrades	For	For	Management
1.2	Elect Director Sara L. Levinson	For	For	Management
1.3	Elect Director George L. Miles, Jr.	For	For	Management
2	Approve/Amend Employee Incentive Bonus Plan	For	For	Management
3	Ratify Auditors	For	For	Management

HARTFORD FINANCIAL SERVICES GROUP, INC., THE

Ticker:	HIG	Security ID:	416515104
Meeting Date:	MAY 18, 2005	Meeting Type:	Annual
Record Date:	MAR 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Ramani Ayer	For	For	Management
1.2	Elect Director Ronald E. Ferguson	For	For	Management
1.3	Elect Director Edward J. Kelly, III	For	For	Management
1.4	Elect Director Paul G. Kirk, Jr.	For	For	Management
1.5	Elect Director Thomas M. Marra	For	For	Management
1.6	Elect Director Gail J. McGovern	For	For	Management
1.7	Elect Director Michael G. Morris	For	For	Management
1.8	Elect Director Robert W. Selander	For	For	Management
1.9	Elect Director Charles B. Strauss	For	For	Management
1.10	Elect Director H. Patrick Swygert	For	For	Management
1.11	Elect Director David K. Zwiener	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Amend Executive Incentive Bonus Plan	For	For	Management

HEWLETT-PACKARD CO.

Ticker:	HPQ	Security ID:	428236103
Meeting Date:	MAR 16, 2005	Meeting Type:	Annual
Record Date:	JAN 18, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director L.T. Babbio, Jr.	For	For	Management
1.2	Elect Director P.C. Dunn	For	For	Management
1.3	Elect Director R.A. Hackborn	For	For	Management
1.4	Elect Director G.A. Keyworth	For	For	Management
1.5	Elect Director R.E. Knowling, Jr.	For	For	Management
1.6	Elect Director T.J. Perkins	For	For	Management
1.7	Elect Director R.L. Ryan	For	For	Management
1.8	Elect Director L.S. Salhany	For	For	Management

Page 36

1.9	Elect Director R.P. Wayman	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Employee Stock Purchase Plan	For	For	Management

HOME DEPOT, INC. (THE)

Ticker:	HD	Security ID:	437076102
Meeting Date:	MAY 26, 2005	Meeting Type:	Annual
Record Date:	MAR 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Gregory D. Brenneman	For	For	Management
1.2	Elect Director Richard H. Brown	For	For	Management
1.3	Elect Director John L. Clendenin	For	For	Management
1.4	Elect Director Berry R. Cox	For	For	Management
1.5	Elect Director Claudio X. Gonzalez	For	For	Management
1.6	Elect Director Milledge A. Hart, III	For	For	Management
1.7	Elect Director Bonnie G. Hill	For	For	Management
1.8	Elect Director Laban P. Jackson, Jr.	For	For	Management
1.9	Elect Director Lawrence R. Johnston	For	For	Management
1.10	Elect Director Kenneth G. Langone	For	For	Management
1.11	Elect Director Robert L. Nardelli	For	For	Management
1.12	Elect Director Thomas J. Ridge	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Nomination Procedures for the Board	For	For	Management
4	Approve Omnibus Stock Plan	For	For	Management
5	Prepare Diversity Report	Against	Against	Shareholder
6	Require a Majority Vote for the Election of Directors	Against	Against	Shareholder
7	Limit Executive Compensation	Against	Against	Shareholder
8	Submit Severance Agreement (Change-in-Control) to Shareholder Vote	Against	Against	Shareholder
9	Performance-Based/Indexed Options	Against	Against	Shareholder
10	Performance-Based/Indexed Options	Against	Against	Shareholder
11	Affirm Political Nonpartisanship	Against	Against	Shareholder

HONEYWELL INTERNATIONAL, INC.

Ticker:	HON	Security ID:	438516106
Meeting Date:	APR 25, 2005	Meeting Type:	Annual
Record Date:	FEB 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Marshall N. Carter	For	For	Management
1.2	Elect Director David M. Cote	For	For	Management
1.3	Elect Director Bradley T. Sheares	For	For	Management
1.4	Elect Director John R. Stafford	For	For	Management
1.5	Elect Director Michael W. Wright	For	For	Management
2	Ratify Auditors	For	For	Management
3	Declassify the Board of Directors	For	For	Management
4	Amend the Certificate of Incorporation and By-laws	For	For	Management
5	Establish Other Board Committee	Against	Against	Shareholder
6	Separate Chairman and CEO Positions	Against	For	Shareholder
7	Report on Pay Disparity	Against	Against	Shareholder
8	Performance-Based/Indexed Options	Against	Against	Shareholder
9	Approve Commonsense Executive Compensation Framework	Against	Against	Shareholder

Page 37

HORMEL FOODS CORP.

Ticker:	HRL	Security ID:	440452100
Meeting Date:	JAN 25, 2005	Meeting Type:	Annual
Record Date:	NOV 29, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John W. Allen	For	For	Management
1.2	Elect Director John R. Block	For	For	Management
1.3	Elect Director Jeffrey M. Ettinger	For	For	Management
1.4	Elect Director E. Peter Gillette, Jr.	For	For	Management
1.5	Elect Director Luella G. Goldberg	For	For	Management
1.6	Elect Director Joel W. Johnson	For	For	Management
1.7	Elect Director Susan I. Marvin	For	For	Management
1.8	Elect Director Michael J. Mccoy	For	For	Management
1.9	Elect Director John L. Morrison	For	For	Management
1.10	Elect Director Dakota A. Pippins	For	For	Management
1.11	Elect Director Gary J. Ray	For	For	Management
1.12	Elect Director John G. Turner	For	For	Management
1.13	Elect Director Robert R. Waller, M.D.	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Executive Incentive Bonus Plan	For	For	Management
4	Report on Environmental Impact of Livestock Operations	Against	Against	Shareholder

HOSPIRA INC

Ticker:	HSP	Security ID:	441060100
Meeting Date:	MAY 9, 2005	Meeting Type:	Annual
Record Date:	MAR 11, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Irving W. Bailey, II	For	For	Management
1.2	Elect Director Judith C. Pelham	For	For	Management
1.3	Elect Director Jacque J. Sokolov	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Approve Executive Incentive Bonus Plan	For	For	Management
4	Ratify Auditors	For	For	Management

HUMANA INC.

Ticker:	HUM	Security ID:	444859102
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director David A. Jones, Jr.	For	For	Management
1.2	Elect Director Frank A. D’Amelio	For	For	Management
1.3	Elect Director W. Roy Dunbar	For	For	Management
1.4	Elect Director John R. Hall	For	For	Management
1.5	Elect Director Kurt J. Hilzinger	For	For	Management
1.6	Elect Director Michael B. Mccallister	For	For	Management
1.7	Elect Director W. Ann Reynolds, Ph.D.	For	For	Management

Page 38

INGERSOLL-RAND COMPANY LIMITED

Ticker:	IR	Security ID:	G4776G101
Meeting Date:	JUN 1, 2005	Meeting Type:	Annual
Record Date:	APR 4, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director A.C. Berzin	For	Did Not Vote	Management
1.2	Elect Director H.L. Henkel	For	Did Not Vote	Management
1.3	Elect Director H.W. Lichtenberger	For	Did Not Vote	Management
1.4	Elect Director T.L. White	For	Did Not Vote	Management
2	APPROVAL OF AMENDMENT TO BYE-LAW 10 OF THE BYE-LAWS TO ELIMINATE THE CLASSIFICATION OF THE BOARD OF DIRECTORS.	For	Did Not Vote	Management
3	APPROVAL OF AMENDMENT TO BYE-LAW 10 OF THE BYE-LAWS TO ELIMINATE CUMULATIVE VOTING IN THE ELECTION OF DIRECTORS.	For	Did Not Vote	Management
4	Ratify Auditors	For	Did Not Vote	Management

INTEL CORP.

Ticker:	INTC	Security ID:	458140100
Meeting Date:	MAY 18, 2005	Meeting Type:	Annual
Record Date:	MAR 21, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Craig R. Barrett	For	For	Management
1.2	Elect Director Charlene Barshefsky	For	For	Management
1.3	Elect Director E. John P. Browne	For	For	Management
1.4	Elect Director D. James Guzy	For	For	Management
1.5	Elect Director Reed E. Hundt	For	For	Management
1.6	Elect Director Paul S. Otellini	For	For	Management
1.7	Elect Director David S. Pottruck	For	For	Management
1.8	Elect Director Jane E. Shaw	For	For	Management
1.9	Elect Director John L. Thornton	For	For	Management
1.10	Elect Director David B. Yoffie	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management
4	Amend Executive Incentive Bonus Plan	For	For	Management

Page 39

INTERNATIONAL BUSINESS MACHINES CORP.

Ticker:	IBM	Security ID:	459200101
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	FEB 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Cathleen Black	For	For	Management
1.2	Elect Director Kenneth I. Chenault	For	For	Management
1.3	Elect Director Juergen Dormann	For	For	Management
1.4	Elect Director Michael L. Eskew	For	Withhold	Management
1.5	Elect Director Carlos Ghosn	For	For	Management
1.6	Elect Director Charles F. Knight	For	For	Management
1.7	Elect Director Minoru Makihara	For	For	Management
1.8	Elect Director Lucio A. Noto	For	For	Management
1.9	Elect Director Samuel J. Palmisano	For	For	Management
1.10	Elect Director Joan E. Spero	For	For	Management
1.11	Elect Director Sidney Taurel	For	For	Management
1.12	Elect Director Charles M. Vest	For	For	Management
1.13	Elect Director Lorenzo H. Zambrano	For	For	Management
2	Ratify Auditors	For	For	Management
3	Restore or Provide for Cumulative Voting	Against	For	Shareholder
4	Eliminate Age Discrimination in Retirement Benefits	Against	Against	Shareholder
5	Calculate Executive Salary Without Regard to Pension Income	Against	For	Shareholder
6	Expense Stock Options	Against	For	Shareholder
7	Report on Executive Compensation	Against	Against	Shareholder
8	Report on Outsourcing	Against	Against	Shareholder

INTERNATIONAL PAPER CO.

Ticker:	IP	Security ID:	460146103
Meeting Date:	MAY 10, 2005	Meeting Type:	Annual
Record Date:	MAR 17, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Robert M. Amen	For	For	Management
1.2	Elect Director Samir G. Gibara	For	For	Management
1.3	Elect Director Charles R. Shoemate	For	For	Management
1.4	Elect Director William G. Walter	For	For	Management
2	Ratify Auditors	For	For	Management
3	Limit Executive Compensation	Against	Against	Shareholder

JABIL CIRCUIT, INC.

Ticker:	JBL	Security ID:	466313103
Meeting Date:	JAN 20, 2005	Meeting Type:	Annual
Record Date:	NOV 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director William D. Morean	For	For	Management
1.2	Elect Director Thomas A. Sansone	For	For	Management
1.3	Elect Director Timothy L. Main	For	For	Management
1.4	Elect Director Lawrence J. Murphy	For	For	Management
1.5	Elect Director Mel S. Lavitt	For	For	Management
1.6	Elect Director Steven A. Raymund	For	For	Management
1.7	Elect Director Frank A. Newman	For	For	Management
1.8	Elect Director Laurence S. Grafstein	For	For	Management
2	Ratify Auditors	For	For	Management

Page 40

JEFFERSON-PILOT CORP.

Ticker:	JP	Security ID:	475070108
Meeting Date:	MAY 2, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director William Porter Payne	For	For	Management
1.2	Elect Director David A. Stonecipher	For	For	Management
1.3	Elect Director Isaiah Tidwell	For	For	Management
2	Ratify Auditors	For	For	Management

JOHNSON & JOHNSON

Ticker:	JNJ	Security ID:	478160104
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Mary Sue Coleman	For	For	Management
1.2	Elect Director James G. Cullen	For	For	Management
1.3	Elect Director Robert J. Darretta	For	For	Management
1.4	Elect Director Michael M. E. Johns	For	For	Management
1.5	Elect Director Ann Dibble Jordan	For	For	Management
1.6	Elect Director Arnold G. Langbo	For	For	Management
1.7	Elect Director Susan L. Lindquist	For	For	Management
1.8	Elect Director Leo F. Mullin	For	For	Management
1.9	Elect Director Christine A. Poon	For	For	Management
1.10	Elect Director Steven S. Reinemund	For	For	Management
1.11	Elect Director David Satcher	For	For	Management
1.12	Elect Director William C. Weldon	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management

JONES APPAREL GROUP, INC.

Ticker:	JNY	Security ID:	480074103
Meeting Date:	MAY 18, 2005	Meeting Type:	Annual
Record Date:	MAR 18, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Peter Boneparth	For	For	Management
1.2	Elect Director Sidney Kimmel	For	For	Management
1.3	Elect Director Howard Gittis	For	For	Management
1.4	Elect Director Anthony F. Scarpa	For	For	Management
1.5	Elect Director Matthew H. Kamens	For	For	Management
1.6	Elect Director Michael L. Tarnopol	For	For	Management
1.7	Elect Director J. Robert Kerry	For	For	Management
1.8	Elect Director Ann N. Reese	For	For	Management
1.9	Elect Director Gerald C. Crotty	For	For	Management
1.10	Elect Director Lowell W. Robinson	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management

Page 41

JPMORGAN CHASE & CO.

Ticker:	JPM	Security ID:	46625H100
Meeting Date:	MAY 17, 2005	Meeting Type:	Annual
Record Date:	MAR 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Director Hans W. Becherer	For	For	Management
1.2	Elect Director Director John H. Biggs	For	For	Management
1.3	Elect Director Director Lawrence A. Bossidy	For	For	Management
1.4	Elect Director Director Stephen B. Burke	For	For	Management
1.5	Elect Director Director James S. Crown	For	For	Management
1.6	Elect Director Director James Dimon	For	For	Management
1.7	Elect Director Director Ellen V. Futter	For	For	Management
1.8	Elect Director Director William H. Gray, III	For	For	Management
1.9	Elect Director Director William B. Harrison, Jr	For	For	Management
1.10	Elect Director Director Laban P. Jackson, Jr.	For	For	Management
1.11	Elect Director Director John W. Kessler	For	For	Management
1.12	Elect Director Director Robert I. Lipp	For	For	Management
1.13	Elect Director Director Richard A. Manoogian	For	For	Management
1.14	Elect Director Director David C. Novak	For	For	Management
1.15	Elect Director Director Lee R. Raymond	For	For	Management
1.16	Elect Director Director William C. Weldon	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	Against	Management
4	Establish Term Limits for Directors	Against	Against	Shareholder
5	Separate Chairman and CEO Positions	Against	For	Shareholder
6	Limit Executive Compensation	Against	Against	Shareholder
7	Adopt Executive Benefit Policy	Against	For	Shareholder

KELLOGG CO.

Ticker:	K	Security ID:	487836108
Meeting Date:	APR 29, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Claudio X. Gonzalez	For	For	Management
1.2	Elect Director A. D. David Mackay	For	For	Management
1.3	Elect Director William C. Richardson	For	For	Management
1.4	Elect Director John L. Zabriskie	For	For	Management
2	Ratify Auditors	For	For	Management
3	Report on Genetically Modified Organisms (GMO)	Against	Against	Shareholder
4	Employ Financial Advisor to Explore Alternatives to Maximize Value	Against	Against	Shareholder

Page 42

KERR-MCGEE CORP.

Ticker:	KMG	Security ID:	492386107
Meeting Date:	JUN 7, 2005	Meeting Type:	Annual
Record Date:	MAR 11, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director William F. Wallace	For	For	Management
1.2	Elect Director Ian L. White-Thomson	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Increase Authorized Common Stock	For	For	Management
5	Establish Office of the Board of Directors	Against	Against	Shareholder

KEYCORP

Ticker:	KEY	Security ID:	493267108
Meeting Date:	MAY 5, 2005	Meeting Type:	Annual
Record Date:	MAR 8, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Edward P. Campbell	For	For	Management
1.2	Elect Director H. James Dallas	For	For	Management
1.3	Elect Director Charles R. Hogan	For	For	Management
1.4	Elect Director Lauralee E. Martin	For	For	Management
1.5	Elect Director Bill R. Sanford	For	For	Management
2	Ratify Auditors	For	For	Management

KIMBERLY-CLARK CORP.

Ticker:	KMB	Security ID:	494368103
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John F. Bergstrom	For	For	Management
1.2	Elect Director Robert W. Decherd	For	For	Management
1.3	Elect Director G. Craig Sullivan	For	For	Management
2	Ratify Auditors	For	For	Management
3	Adopt ILO Based Code of Conduct	Against	Against	Shareholder

KINDER MORGAN, INC.

Ticker:	KMI	Security ID:	49455P101
Meeting Date:	MAY 10, 2005	Meeting Type:	Annual
Record Date:	MAR 10, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Michael C. Morgan	For	For	Management
1.2	Elect Director Stewart A. Bliss	For	For	Management
1.3	Elect Director Edward Randall, III	For	For	Management
2	Increase Authorized Common Stock	For	For	Management
3	Approve Executive Incentive Bonus Plan	For	For	Management
4	Approve Non-Employee Director Omnibus Stock Plan	For	For	Management
5	Ratify Auditors	For	For	Management

Page 43

KLA-TENCOR CORP.

Ticker:	KLAC	Security ID:	482480100
Meeting Date:	OCT 18, 2004	Meeting Type:	Annual
Record Date:	AUG 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Edward W. Barnholt	For	For	Management
1.2	Elect Director Stephen P. Kaufman	For	For	Management
1.3	Elect Director Kenneth L. Schroeder	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management

LAMAR ADVERTISING COMPANY

Ticker:	LAMR	Security ID:	512815101
Meeting Date:	MAY 26, 2005	Meeting Type:	Annual
Record Date:	APR 6, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Anna Reilly Cullinan	For	For	Management
1.2	Elect Director John Maxwell Hamilton	For	For	Management
1.3	Elect Director Robert M. Jelenic	For	For	Management
1.4	Elect Director Stephen P. Mumblow	For	For	Management
1.5	Elect Director Thomas V. Reifenheiser	For	For	Management
1.6	Elect Director Kevin P. Reilly, Jr.	For	For	Management
1.7	Elect Director Wendell Reilly	For	For	Management

LEHMAN BROTHERS HOLDINGS INC.

Ticker:	LEH	Security ID:	524908100
Meeting Date:	APR 5, 2005	Meeting Type:	Annual
Record Date:	FEB 11, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Michael L. Ainslie	For	For	Management
1.2	Elect Director John F. Akers	For	For	Management
1.3	Elect Director Richard S. Fuld, Jr.	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Limit Executive Compensation	Against	Against	Shareholder

Page 44

LEXMARK INTERNATIONAL, INC.

Ticker:	LXK	Security ID:	529771107
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	MAR 4, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director B. Charles Ames	For	For	Management
1.2	Elect Director Ralph E. Gomory	For	For	Management
1.3	Elect Director Marvin L. Mann	For	Withhold	Management
1.4	Elect Director Teresa Beck	For	For	Management
2	Approve Non-Employee Director Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management

LIMITED BRANDS

Ticker:	LTD	Security ID:	532716107
Meeting Date:	MAY 16, 2005	Meeting Type:	Annual
Record Date:	MAR 31, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Donna A. James	For	For	Management
1.2	Elect Director Leonard A. Schlesinger	For	For	Management
1.3	Elect Director Jeffrey B. Swartz	For	For	Management
1.4	Elect Director Raymond Zimmerman	For	For	Management

LINCOLN NATIONAL CORP.

Ticker:	LNC	Security ID:	534187109
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Marcia J. Avedon, Ph.D.	For	For	Management
1.2	Elect Director J. Patrick Barrett	For	For	Management
1.3	Elect Director Michael F. Mee	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management

LOCKHEED MARTIN CORP.

Ticker:	LMT	Security ID:	539830109
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director E.C. ‘Pete’ Aldridge, Jr.	For	For	Management
1.2	Elect Director Nolan D. Archibald	For	For	Management
1.3	Elect Director Marcus C. Bennett	For	For	Management
1.4	Elect Director James O. Ellis, Jr.	For	For	Management
1.5	Elect Director Gwendolyn S. King	For	For	Management
1.6	Elect Director Douglas H. McCorkindale	For	For	Management
1.7	Elect Director Eugene F. Murphy	For	For	Management
1.8	Elect Director Joseph W. Ralston	For	Withhold	Management
1.9	Elect Director Frank Savage	For	Withhold	Management
1.10	Elect Director Anne Stevens	For	For	Management
1.11	Elect Director Robert J. Stevens	For	For	Management
1.12	Elect Director James R. Ukropina	For	For	Management
1.13	Elect Director Douglas C. Yearley	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management
4	Performance-Based/Indexed Options	Against	Against	Shareholder

Page 45

5	Adopt Simple Majority Vote Requirement for All Issues	Against	For	Shareholder
6	Report on Pay Disparity	Against	Against	Shareholder
7	and amend its code of conduct and policies related to bidding Review Code of Conduct on Military Contracts	Against	Against	Shareholder

LOWE’S COMPANIES, INC.

Ticker:	LOW	Security ID:	548661107
Meeting Date:	MAY 27, 2005	Meeting Type:	Annual
Record Date:	APR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Robert A. Ingram	For	For	Management
1.2	Elect Director Richard K. Lochridge	For	For	Management
1.3	Elect Director Robert L. Johnson	For	For	Management
2	Amend Non-Employee Director Stock Option Plan	For	For	Management
3	Ratify Auditors	For	For	Management

MARATHON OIL CORP

Ticker:	MRO	Security ID:	565849106
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Shirley Ann Jackson	For	For	Management
1.2	Elect Director Philip Lader	For	For	Management
1.3	Elect Director Seth E. Schofield	For	For	Management
1.4	Elect Director Douglas C. Yearley	For	For	Management
2	Ratify Auditors	For	For	Management
3	Declassify the Board of Directors	Against	For	Shareholder
4	Amend Governance Documents Regarding Director Nominees by Affirmative Votes	Against	For	Shareholder

MARRIOTT INTERNATIONAL INC. (NEW)

Ticker:	MAR	Security ID:	571903202
Meeting Date:	MAY 6, 2005	Meeting Type:	Annual
Record Date:	MAR 15, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director J.W. Marriott, Jr.	For	For	Management
1.2	Elect Director Debra L. Lee	For	For	Management
1.3	Elect Director George Munoz	For	For	Management
1.4	Elect Director William J. Shaw	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management
4	Declassify the Board of Directors	Against	For	Shareholder
5	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

Page 46

MARSH & MCLENNAN COMPANIES, INC.

Ticker:	MMC	Security ID:	571748102
Meeting Date:	MAY 19, 2005	Meeting Type:	Annual
Record Date:	MAR 21, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Michael G. Cherkasky	For	For	Management
1.2	Elect Director Stephen R. Hardis	For	For	Management
1.3	Elect Director The Rt. Hon. Lord Lang of Monkton, DL	For	For	Management
1.4	Elect Director Morton O. Schapiro	For	For	Management
1.5	Elect Director Adele Simmons	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Option Exchange Program	For	For	Management
4	Limit Executive Compensation	Against	Against	Shareholder
5	Request That the Board of Directors Adopt an Executive Compensation Policy That All Future Stock Option Grants to Senior Executives Shall be Performance - Based	Against	For	Shareholder
6	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

MARSHALL & ILSLEY CORP.

Ticker:	MI	Security ID:	571834100
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Andrew N. Baur	For	For	Management
1.2	Elect Director John W. Daniels, Jr.	For	For	Management
1.3	Elect Director John A. Mellowes	For	For	Management
1.4	Elect Director Robert J. O’Toole	For	For	Management
1.5	Elect Director John S. Shiely	For	For	Management
2	Ratify Auditors	For	For	Management

MASCO CORP.

Ticker:	MAS	Security ID:	574599106
Meeting Date:	MAY 10, 2005	Meeting Type:	Annual
Record Date:	MAR 15, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Verne G. Istock	For	For	Management
1.2	Elect Director David L. Johnston	For	For	Management
1.3	Elect Director J. Michael Losh	For	For	Management
1.4	Elect Director Dennis W. Archer	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management

Page 47

MAXIM INTEGRATED PRODUCTS, INC.

Ticker:	MXIM	Security ID:	57772K101
Meeting Date:	NOV 18, 2004	Meeting Type:	Annual
Record Date:	SEP 27, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James R. Bergman	For	For	Management
1.2	Elect Director John F. Gifford	For	For	Management
1.3	Elect Director B. Kipling Hagopian	For	For	Management
1.4	Elect Director M.D. Sampels	For	For	Management
1.5	Elect Director A.R. Frank Wazzan	For	For	Management
2	Amend Employee Stock Purchase Plan	For	For	Management
3	Ratify Auditors	For	For	Management

MBNA CORP.

Ticker:	KRB	Security ID:	55262L100
Meeting Date:	MAY 2, 2005	Meeting Type:	Annual
Record Date:	FEB 4, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James H. Berick	For	Withhold	Management
1.2	Elect Director Mary M. Boies	For	For	Management
1.3	Elect Director Benjamin R. Civiletti	For	Withhold	Management
1.4	Elect Director Bruce L. Hammonds	For	For	Management
1.5	Elect Director William L. Jews	For	For	Management
1.6	Elect Director Randolph D. Lerner	For	For	Management
1.7	Elect Director Stuart L. Markowitz, M.D.	For	For	Management
1.8	Elect Director William B. Milstead	For	For	Management
1.9	Elect Director Thomas G. Murdough, Jr.	For	For	Management
1.10	Elect Director Laura S. Unger	For	For	Management
2	Ratify Auditors	For	For	Management
3	Expense Stock Options	Against	For	Shareholder
4	Performance-Based/Indexed Options	Against	For	Shareholder

MCDONALD’S CORP.

Ticker:	MCD	Security ID:	580135101
Meeting Date:	MAY 11, 2005	Meeting Type:	Annual
Record Date:	MAR 14, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Hall Adams, Jr.	For	For	Management
1.2	Elect Director Cary D. McMillan	For	For	Management
1.3	Elect Director Michael J. Roberts	For	For	Management
1.4	Elect Director James A. Skinner	For	For	Management
1.5	Elect Director Anne-Marie Slaughter	For	For	Management
2	Ratify Auditors	For	For	Management
3	Report on Genetically Modified Organisms	Against	Against	Shareholder

Page 48

MEDCO HEALTH SOLUTIONS INC

Ticker:	MHS	Security ID:	58405U102
Meeting Date:	MAY 31, 2005	Meeting Type:	Annual
Record Date:	APR 4, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John L. Cassis	For	For	Management
1.2	Elect Director Michael Goldstein	For	For	Management
1.3	Elect Director Blenda J. Wilson	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Approve Qualified Employee Stock Purchase Plan	For	For	Management
5	Approve Executive Incentive Bonus Plan	For	For	Management

MEDTRONIC, INC.

Ticker:	MDT	Security ID:	585055106
Meeting Date:	AUG 26, 2004	Meeting Type:	Annual
Record Date:	JUL 2, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director William R. Brody, M.D., Ph.D.	For	For	Management
1.2	Elect Director Arthur D. Collins, Jr.	For	For	Management
1.3	Elect Director Antonio M. Gotto, Jr., M.D., D. Phil.	For	For	Management
2	Ratify Auditors	For	For	Management
3	Charitable Contributions	Against	Against	Shareholder

MERCK & CO., INC.

Ticker:	MRK	Security ID:	589331107
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	FEB 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Rochelle B. Lazarus	For	For	Management
1.2	Elect Director William G. Bowen	For	For	Management
1.3	Elect Director Raymond V. Gilmartin	For	For	Management
1.4	Elect Director Thomas E. Shenk	For	For	Management
1.5	Elect Director Anne M. Tatlock	For	For	Management
1.6	Elect Director Samuel O. Thier	For	For	Management
1.7	Elect Director Wendell P. Weeks	For	For	Management
1.8	Elect Director Peter C. Wendell	For	For	Management
2	Ratify Auditors	For	For	Management
3	Prohibit Awards to Executives	Against	Against	Shareholder
4	Limit Executive Compensation	Against	Against	Shareholder
5	Eliminate Animal Testing	Against	Against	Shareholder
6	Separate Chairman and CEO Positions	Against	For	Shareholder
7	Report on Product Availability in Canada	Against	Against	Shareholder
8	Report on Political Contributions	Against	Against	Shareholder
9	Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic	Against	Against	Shareholder

Page 49

MERRILL LYNCH & CO., INC.

Ticker:	MER	Security ID:	590188108
Meeting Date:	APR 22, 2005	Meeting Type:	Annual
Record Date:	FEB 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Jill K. Conway	For	For	Management
1.2	Elect Director Heinz-Joachim Neuburger	For	For	Management
1.3	Elect Director E. Stanley O’Neal	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Non-Employee Director Restricted Stock Plan	For	For	Management
4	Provide for Cumulative Voting	Against	For	Shareholder
5	Limit Executive Compensation	Against	Against	Shareholder

METLIFE, INC

Ticker:	MET	Security ID:	59156R108
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Cheryl W. Grise	For	For	Management
1.2	Elect Director James R. Houghton	For	For	Management
1.3	Elect Director Helene L. Kaplan	For	For	Management
1.4	Elect Director Sylvia M. Mathews	For	For	Management
1.5	Elect Director William C. Steere, Jr.	For	For	Management
2	Ratify Auditors	For	For	Management
3	Establish Other Board Committee	Against	Against	Shareholder

MGIC INVESTMENT CORP.

Ticker:	MTG	Security ID:	552848103
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 11, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Mary K. Bush	For	For	Management
1.2	Elect Director David S. Engelman	For	For	Management
1.3	Elect Director Kenneth M. Jastrow, II	For	For	Management
1.4	Elect Director Daniel P. Kearney	For	For	Management
2	Amend Omnibus Stock Plan	For	For	Management
3	Approve Executive Incentive Bonus Plan	For	For	Management
4	Ratify Auditors	For	For	Management

MICRON TECHNOLOGY, INC.

Ticker:	MU	Security ID:	595112103
Meeting Date:	NOV 18, 2004	Meeting Type:	Annual
Record Date:	SEP 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Steven R. Appleton	For	For	Management
1.2	Elect Director James W. Bagley	For	For	Management

Page 50

1.3	Elect Director Ronald C. Foster	For	For	Management
1.4	Elect Director Robert A. Lothrop	For	For	Management
1.5	Elect Director Thomas T. Nicholson	For	For	Management
1.6	Elect Director Gordon C. Smith	For	For	Management
1.7	Elect Director William P. Weber	For	For	Management
2	Amend Employee Stock Purchase Plan	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Approve Executive Incentive Bonus Plan	For	For	Management
5	Ratify Auditors	For	For	Management

MICROSOFT CORP.

Ticker:	MSFT	Security ID:	594918104
Meeting Date:	NOV 9, 2004	Meeting Type:	Annual
Record Date:	SEP 10, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director William H. Gates III	For	For	Management
1.2	Elect Director Steven A. Ballmer	For	For	Management
1.3	Elect Director James I. Cash Jr., Ph.D.	For	For	Management
1.4	Elect Director Raymond V. Gilmartin	For	For	Management
1.5	Elect Director Ann McLaughlin Korologos	For	For	Management
1.6	Elect Director David F. Marquardt	For	For	Management
1.7	Elect Director Charles H. Noski	For	For	Management
1.8	Elect Director Dr. Helmut Panke	For	For	Management
1.9	Elect Director Jon A. Shirley	For	For	Management
2	Amend Bundled Compensation Plans	For	For	Management
3	Amend Bundled Compensation Plans	For	For	Management
4	Amend Stock Option Plan	For	For	Management
5	Ratify Auditors	For	For	Management

MOLSON COORS BREWING CO

Ticker:	TAP	Security ID:	60871R209
Meeting Date:	MAY 11, 2005	Meeting Type:	Annual
Record Date:	MAR 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John E. Cleghorn	For	For	Management
1.2	Elect Director Charles M. Herington	For	For	Management
1.3	Elect Director David P. O’Brien	For	For	Management

MONSANTO CO.

Ticker:	MON	Security ID:	61166W101
Meeting Date:	JAN 20, 2005	Meeting Type:	Annual
Record Date:	NOV 22, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John W. Bachmann	For	For	Management
1.2	Elect Director William U. Parfet	For	For	Management
1.3	Elect Director George H. Poste	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management

Page 51

4	Report on Genetically Modified Organisms	Against	Against	Shareholder
5	Report on Export of Hazardous Pesticides	Against	Against	Shareholder
6	Adopt Human Rights Policy	Against	Against	Shareholder
7	Eliminate Animal Testing	Against	Against	Shareholder

MORGAN STANLEY

Ticker:	MWD	Security ID:	617446448
Meeting Date:	MAR 15, 2005	Meeting Type:	Annual
Record Date:	JAN 14, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John E. Jacob	For	For	Management
1.2	Elect Director Charles F. Knight	For	For	Management
1.3	Elect Director Miles L. Marsh	For	For	Management
1.4	Elect Director Laura D’Andrea Tyson	For	For	Management
2	Ratify Auditors	For	For	Management
3	Declassify the Board of Directors	For	For	Management
4	Limit Executive Compensation	Against	Against	Shareholder

MOTOROLA, INC.

Ticker:	MOT	Security ID:	620076109
Meeting Date:	MAY 2, 2005	Meeting Type:	Annual
Record Date:	MAR 4, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director E. Zander	For	For	Management
1.2	Elect Director H. L. Fuller	For	For	Management
1.3	Elect Director J. Lewant	For	For	Management
1.4	Elect Director W. Massey	For	For	Management
1.5	Elect Director T. Meredith	For	For	Management
1.6	Elect Director N. Negroponte	For	For	Management
1.7	Elect Director I. Nooyi	For	For	Management
1.8	Elect Director S. Scott III	For	For	Management
1.9	Elect Director R. Sommer	For	For	Management
1.10	Elect Director J. Stengel	For	For	Management
1.11	Elect Director D. Warner III	For	For	Management
1.12	Elect Director J. White	For	For	Management
2	Limit Executive Compensation	Against	Against	Shareholder
3	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

NATIONAL CITY CORP.

Ticker:	NCC	Security ID:	635405103
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	MAR 4, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Jon E. Barfield	For	For	Management
1.2	Elect Director James S. Broadhurst	For	For	Management
1.3	Elect Director Christopher M. Connor	For	For	Management
1.4	Elect Director David A. Daberko	For	For	Management

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1.5	Elect Director Joseph T. Gorman	For	For	Management
1.6	Elect Director Bernadine P. Healy	For	For	Management
1.7	Elect Director S. Craig Lindner	For	For	Management
1.8	Elect Director Paul A. Ormond	For	For	Management
1.9	Elect Director Robert A. Paul	For	For	Management
1.10	Elect Director Gerald L. Shaheen	For	For	Management
1.11	Elect Director Jerry Sue Thornton	For	For	Management
1.12	Elect Director Morry Weiss	For	For	Management
2	Ratify Auditor	For	For	Management

NATIONAL FUEL GAS CO.

Ticker:	NFG	Security ID:	636180101
Meeting Date:	FEB 17, 2005	Meeting Type:	Annual
Record Date:	DEC 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Robert T. Brady	For	For	Management
1.2	Elect Director Rolland E. Kidder	For	Withhold	Management
1.3	Elect Director Richard G. Reiten	For	For	Management
1.4	Elect Director Craig G. Matthews	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Articles	For	Against	Management
4	Limit Executive Compensation	Against	Against	Shareholder

NCR CORPORATION

Ticker:	NCR	Security ID:	62886E108
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	FEB 14, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Mark P. Frissora	For	For	Management
1.2	Elect Director C.K. Prahalad	For	For	Management
1.3	Elect Director William S. Stavropoulos	For	For	Management
2	Ratify Auditors	For	For	Management
3	Eliminate Domestic Partner Benefits for Executives	Against	Against	Shareholder

NEWMONT MINING CORP. (HOLDING COMPANY)

Ticker:	NEM	Security ID:	651639106
Meeting Date:	APR 27, 2005	Meeting Type:	Annual
Record Date:	MAR 3, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Glen A. Barton	For	For	Management
1.2	Elect Director Vincent A. Calarco	For	For	Management
1.3	Elect Director Michael s. Hamson	For	For	Management
1.4	Elect Director Leo I. Higdon, Jr.	For	For	Management
1.5	Elect Director Pierre Lassonde	For	For	Management
1.6	Elect Director Robert J. Miller	For	For	Management
1.7	Elect Director Wayne W. Murdy	For	For	Management
1.8	Elect Director Robin A. Plumbridge	For	For	Management

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1.9	Elect Director John B. Prescott	For	For	Management
1.10	Elect Director Donald C. Roth	For	For	Management
1.11	Elect Director Seymour Schulich	For	For	Management
1.12	Elect Director James V. Taranik	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management

NEXTEL PARTNERS, INC.

Ticker:	NXTP	Security ID:	65333F107
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Adam Aron	For	For	Management
1.2	Elect Director John Chapple	For	For	Management
1.3	Elect Director Steven B. Dodge	For	For	Management
1.4	Elect Director Timothy Donahue	For	For	Management
1.5	Elect Director Arthur W. Harrigan, Jr.	For	For	Management
1.6	Elect Director James N. Perry, Jr.	For	For	Management
1.7	Elect Director Caroline H. Rapking	For	For	Management
1.8	Elect Director Dennis M. Weibling	For	For	Management
2	Ratify Auditors	For	For	Management

NIKE, INC.

Ticker:	NKE	Security ID:	654106103
Meeting Date:	SEP 20, 2004	Meeting Type:	Annual
Record Date:	JUL 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Jill K. Conway	For	For	Management
1.2	Elect Director Alan B. Graf, Jr.	For	For	Management
1.3	Elect Director Jeanne P. Jackson	For	For	Management
2	Ratify Auditors	For	For	Management

NORFOLK SOUTHERN CORP.

Ticker:	NSC	Security ID:	655844108
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Gerald L. Baliles	For	Withhold	Management
1.2	Elect Director Gene R. Carter	For	For	Management
1.3	Elect Director Charles W. Moorman	For	For	Management
1.4	Elect Director J. Paul Reason	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Approve Executive Incentive Bonus Plan	For	For	Management

Page 54

NORTHROP GRUMMAN CORP.

Ticker:	NOC	Security ID:	666807102
Meeting Date:	MAY 17, 2005	Meeting Type:	Annual
Record Date:	MAR 21, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Phillip Frost	For	For	Management
1.2	Elect Director John B. Slaughter	For	For	Management
2	Ratify Auditors	For	For	Management
3	Declassify the Board of Directors	For	For	Management
4	Amend Non-employee Director Plan (Stock Awards in Lieu of Cash)	For	For	Management
5	Adopt Simply Majority Vote Requirement	Against	For	Shareholder

NUCOR CORP.

Ticker:	NUE	Security ID:	670346105
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 14, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Peter C. Browing	For	For	Management
1.2	Elect Director Victoria F. Haynes	For	For	Management
1.3	Elect Director Thomas A. Waltermire	For	For	Management
2	Ratify Auditors	For	For	Management
3	Increase Authorized Common Stock	For	For	Management
4	Approve Omnibus Stock Plan	For	For	Management

NVIDIA CORPORATION

Ticker:	NVDA	Security ID:	67066G104
Meeting Date:	AUG 19, 2004	Meeting Type:	Annual
Record Date:	JUN 30, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James C. Gaither	For	For	Management
1.2	Elect Director Jen-Hsun Huang	For	For	Management
1.3	Elect Director A. Brooke Seawell	For	For	Management
2	Ratify Auditors	For	For	Management

OCCIDENTAL PETROLEUM CORP.

Ticker:	OXY	Security ID:	674599105
Meeting Date:	MAY 6, 2005	Meeting Type:	Annual
Record Date:	MAR 3, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Spencer Abraham	For	For	Management
1.2	Elect Director Ronald W. Burkle	For	For	Management
1.3	Elect Director John S. Chalsky	For	For	Management
1.4	Elect Director Edward P. Djerejian	For	For	Management
1.5	Elect Director R. Chad Dreier	For	For	Management
1.6	Elect Director John E. Feick	For	For	Management

Page 55

1.7	Elect Director Ray R. Irani	For	For	Management
1.8	Elect Director Irwin W. Maloney	For	For	Management
1.9	Elect Director Rodolfo Segovia	For	For	Management
1.10	Elect Director Aziz D. Syriani	For	For	Management
1.11	Elect Director Rosemary Tomich	For	For	Management
1.12	Elect Director Walter L. Weisman	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Proposal Regarding Board Sponsored Proposals	Against	Against	Shareholder
5	Submit Severance Agreement (Change-in-Control) to Shareholder Vote	Against	For	Shareholder

ORACLE CORP.

Ticker:	ORCL	Security ID:	68389X105
Meeting Date:	OCT 29, 2004	Meeting Type:	Annual
Record Date:	SEP 2, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Jeffrey O. Henley	For	For	Management
1.2	Elect Director Lawrence J. Ellison	For	For	Management
1.3	Elect Director Donald L. Lucas	For	For	Management
1.4	Elect Director Michael J. Boskin	For	For	Management
1.5	Elect Director Jack F. Kemp	For	For	Management
1.6	Elect Director Jeffrey S. Berg	For	For	Management
1.7	Elect Director Safra Catz	For	For	Management
1.8	Elect Director Hector Garcia-Molina	For	For	Management
1.9	Elect Director Joseph A. Grundfest	For	For	Management
1.10	Elect Director H. Raymond Bingham	For	For	Management
1.11	Elect Director Charles E. Phillips, Jr.	For	For	Management
2	Approve Executive Incentive Bonus Plan	For	For	Management
3	Ratify Auditors	For	For	Management
4	Amend Omnibus Stock Plan	For	For	Management
5	Implement China Principles	Against	Against	Shareholder

PACCAR INC.

Ticker:	PCAR	Security ID:	693718108
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John M. Fluke, Jr.	For	For	Management
1.2	Elect Director Stephen F. Page	For	For	Management
1.3	Elect Director Michael A. Tembreull	For	For	Management
2	Declassify the Board of Directors	Against	For	Shareholder
3	Amend Bylaws to Provide for Director Nominees to be Elected by Majority Vote	Against	For	Shareholder

Page 56

PACTIV CORP.

Ticker:	PTV	Security ID:	695257105
Meeting Date:	MAY 20, 2005	Meeting Type:	Annual
Record Date:	MAR 21, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Larry D. Brady	For	For	Management
1.2	Elect Director K. Dane Brooksher	For	For	Management
1.3	Elect Director Robert J. Darnall	For	For	Management
1.4	Elect Director Mary R. (Nina) Henderson	For	For	Management
1.5	Elect Director Roger B. Porter	For	For	Management
1.6	Elect Director Richard L. Wambold	For	For	Management
1.7	Elect Director Norman H. Wesley	For	For	Management
2	Ratify Auditors	For	For	Management

PEPSICO, INC.

Ticker:	PEP	Security ID:	713448108
Meeting Date:	MAY 4, 2005	Meeting Type:	Annual
Record Date:	MAR 11, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John F. Akers	For	For	Management
1.2	Elect Director Robert E. Allen	For	For	Management
1.3	Elect Director Ray L. Hunt	For	For	Management
1.4	Elect Director Arthur C. Martinez	For	For	Management
1.5	Elect Director Indra K. Nooyi	For	For	Management
1.6	Elect Director Steven S Reinemund	For	For	Management
1.7	Elect Director Sharon P. Rockefeller	For	For	Management
1.8	Elect Director James J. Schiro	For	For	Management
1.9	Elect Director Franklin A. Thomas	For	For	Management
1.10	Elect Director Cynthia M. Trudell	For	For	Management
1.11	Elect Director Solomon D. Trujillo	For	For	Management
1.12	Elect Director Daniel Vasella	For	For	Management
2	Ratify Auditors	For	For	Management
3	Report on Corporate Political Contributions	Against	Against	Shareholder

PFIZER INC.

Ticker:	PFE	Security ID:	717081103
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	MAR 2, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Michael S. Brown	For	For	Management
1.2	Elect Director M. Anthony Burns	For	For	Management
1.3	Elect Director Robert N. Burt	For	For	Management
1.4	Elect Director W. Don Cornwell	For	For	Management
1.5	Elect Director William H. Gray III	For	For	Management
1.6	Elect Director Constance J. Horner	For	For	Management
1.7	Elect Director William R. Howell	For	For	Management
1.8	Elect Director Stanley O. Ikenberry	For	For	Management
1.9	Elect Director George A. Lorch	For	For	Management
1.10	Elect Director Henry A. McKinnell	For	For	Management
1.11	Elect Director Dana G. Mead	For	For	Management
1.12	Elect Director Ruth J. Simmons	For	For	Management
1.13	Elect Director William C. Steere, Jr.	For	For	Management
1.14	Elect Director Jean-Paul Valles	For	For	Management
2	Ratify Auditors	For	For	Management

Page 57

3	Establish Term Limits for Directors	Against	Against	Shareholder
4	Report on Pharmaceutical Price Restraint	Against	Against	Shareholder
5	Review and Report on Drug Reimportation Policy	Against	Against	Shareholder
6	Report on Political Contributions	Against	Against	Shareholder
7	Report on Product Availability in Canada	Against	Against	Shareholder
8	Separate Chairman and CEO Positions	Against	For	Shareholder

POLYCOM, INC.

Ticker:	PLCM	Security ID:	73172K104
Meeting Date:	MAY 25, 2005	Meeting Type:	Annual
Record Date:	APR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Robert C. Hagerty	For	For	Management
1.2	Elect Director Michael R. Kourey	For	For	Management
1.3	Elect Director Betsy S. Atkins	For	For	Management
1.4	Elect Director John Seely Brown	For	For	Management
1.5	Elect Director Durk I. Jager	For	For	Management
1.6	Elect Director John A. Kelley, Jr.	For	For	Management
1.7	Elect Director Stanley J. Meresman	For	For	Management
1.8	Elect Director Kevin T. Parker	For	For	Management
1.9	Elect Director Thomas G. Stemberg	For	For	Management
2	Approve Qualified Employee Stock Purchase Plan	For	For	Management
3	Approve Executive Incentive Bonus Plan	For	For	Management
4	Ratify Auditors	For	For	Management

PRINCIPAL FINANCIAL GROUP, INC.

Ticker:	PFG	Security ID:	74251V102
Meeting Date:	MAY 17, 2005	Meeting Type:	Annual
Record Date:	MAR 18, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Betsy J. Bernard	For	For	Management
1.2	Elect Director Jocelyn Carter Miller	For	For	Management
1.3	Elect Director Gary E. Costley	For	For	Management
1.4	Elect Director William T. Kerr	For	For	Management
2	Approve Non-Employee Director Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management
4	Approve Omnibus Stock Plan	For	For	Management

PROCTER & GAMBLE COMPANY, THE

Ticker:	PG	Security ID:	742718109
Meeting Date:	OCT 12, 2004	Meeting Type:	Annual
Record Date:	JUL 30, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director R. Kerry Clark	For	For	Management
1.2	Elect Director Joseph T. Gorman	For	For	Management

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1.3	Elect Director Lynn M. Martin	For	For	Management
1.4	Elect Director Ralph Snyderman, M.D.	For	For	Management
1.5	Elect Director Robert D. Storey	For	For	Management
2	Ratify Auditors	For	For	Management
3	Increase Authorized Common Stock	For	For	Management
4	Declassify the Board of Directors	Against	For	Management
5	Implement/ Report on Animal Welfare Standards	Against	Against	Shareholder

PROGRESSIVE CORP., THE

Ticker:	PGR	Security ID:	743315103
Meeting Date:	APR 15, 2005	Meeting Type:	Annual
Record Date:	FEB 17, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Charles A. Davis	For	For	Management
1.2	Elect Director Bernadine P. Healy	For	For	Management
1.3	Elect Director Jeffrey D. Kelly	For	For	Management
2	Authorize Board to Fill Vacancies	For	For	Management
3	Ratify Auditors	For	For	Management

PROVIDIAN FINANCIAL CORP.

Ticker:	PVN	Security ID:	74406A102
Meeting Date:	MAY 5, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James P. Holdcroft	For	For	Management
1.2	Elect Director Ruth M. Owardes	For	For	Management
1.3	Elect Director Jane A. Truelove	For	For	Management
2	Approve Executive Incentive Bonus Plan	For	For	Management
3	Ratify Auditors	For	For	Management

PRUDENTIAL FINANCIAL INC

Ticker:	PRU	Security ID:	744320102
Meeting Date:	JUN 7, 2005	Meeting Type:	Annual
Record Date:	APR 11, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James G. Cullen	For	For	Management
1.2	Elect Director James A. Unruh	For	For	Management
1.3	Elect Director Gordon M. Bethune	For	For	Management
2	Ratify Auditors	For	For	Management
3	Declassify the Board of Directors	For	For	Management
4	Approve Qualified Employee Stock Purchase Plan	For	For	Management

Page 59

PULTE HOMES INC.

Ticker:	PHM	Security ID:	745867101
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director D. Kent Anderson	For	For	Management
1.2	Elect Director John J. Shea	For	For	Management
1.3	Elect Director William B. Smith	For	For	Management
2	Ratify Auditors	For	For	Management
3	Increase Authorized Common Stock	For	For	Management
4	Amend Executive Incentive Bonus Plan	For	For	Management
5	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

QUALCOMM INC.

Ticker:	QCOM	Security ID:	747525103
Meeting Date:	MAR 8, 2005	Meeting Type:	Annual
Record Date:	JAN 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Robert E. Kahn	For	For	Management
1.2	Elect Director Duane A. Nelles	For	Withhold	Management
1.3	Elect Director Brent Scowcroft	For	For	Management
2	Declassify the Board of Directors and Eliminate Cumulative Voting	For	For	Management
3	Increase Authorized Common Stock	For	For	Management
4	Amend Articles	For	For	Management
5	Ratify Auditors	For	For	Management

SARA LEE CORP.

Ticker:	SLE	Security ID:	803111103
Meeting Date:	OCT 28, 2004	Meeting Type:	Annual
Record Date:	SEP 1, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Brenda C. Barnes	For	For	Management
1.2	Elect Director J.T. Battenberg III	For	For	Management
1.3	Elect Director Charles W. Coker	For	For	Management
1.4	Elect Director James S. Crown	For	For	Management
1.5	Elect Director Willie D. Davis	For	For	Management
1.6	Elect Director Vernon E. Jordan, Jr.	For	For	Management
1.7	Elect Director Laurette T. Koellner	For	For	Management
1.8	Elect Director Cornelis J.A. van Lede	For	For	Management
1.9	Elect Director Joan D. Manley	For	For	Management
1.10	Elect Director C. Steven McMillan	For	For	Management
1.11	Elect Director Sir Ian Prosser	For	For	Management
1.12	Elect Director Rozanne L. Ridgway	For	For	Management
1.13	Elect Director Richard L. Thomas	For	For	Management
2	Ratify Auditors	For	For	Management
3	Report on Charitable Contributions	Against	Against	Shareholder

Page 60

SBC COMMUNICATIONS INC.

Ticker:	SBC	Security ID:	78387G103
Meeting Date:	APR 29, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Gilbert F. Amelio	For	For	Management
1.2	Elect Director August A. Busch III	For	For	Management
1.3	Elect Director Martin K. Eby, Jr.	For	For	Management
1.4	Elect Director James A. Henderson	For	For	Management
1.5	Elect Director Charles F. Knight	For	For	Management
1.6	Elect Director Lynn M. Martin	For	For	Management
1.7	Elect Director John B. McCoy	For	For	Management
1.8	Elect Director Mary S. Metz	For	For	Management
1.9	Elect Director Toni Rembe	For	For	Management
1.10	Elect Director S. Donley Ritchey	For	For	Management
1.11	Elect Director Joyce M. Roche	For	For	Management
1.12	Elect Director Laura D’Andrea Tyson	For	For	Management
1.13	Elect Director Patricia P. Upton	For	For	Management
1.14	Elect Director Edward E. Whitacre, Jr	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Nonqualified Employee Stock Purchase Plan	For	For	Management
4	Report on Political Contributions	Against	Against	Shareholder
5	Report on Executive Compensation	Against	Against	Shareholder
6	Performance-Based/Indexed Options	Against	Against	Shareholder
7	Adopt Simple Majority Vote	Against	For	Shareholder

SCHERING-PLOUGH CORP.

Ticker:	SGP	Security ID:	806605101
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	MAR 4, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Hans W. Becherer	For	For	Management
1.2	Elect Director Kathryn C. Turner	For	For	Management
1.3	Elect Director Robert F. W. van Oordt	For	For	Management
2	Ratify Auditors	For	For	Management
3	Declassify the Board of Directors	Against	For	Shareholder
4	Eliminate Animal Testing	Against	Against	Shareholder

SCHLUMBERGER LTD.

Ticker:	SLB	Security ID:	806857108
Meeting Date:	APR 13, 2005	Meeting Type:	Annual
Record Date:	MAR 2, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director J. Deutch	For	For	Management
1.2	Elect Director J.S. Gorelick	For	For	Management
1.3	Elect Director A. Gould	For	For	Management
1.4	Elect Director T. Isaac	For	For	Management
1.5	Elect Director A. Lajous	For	For	Management
1.6	Elect Director A. Levy-Lang	For	For	Management
1.7	Elect Director M.E. Marks	For	For	Management

Page 61

1.8	Elect Director D. Primat	For	For	Management
1.9	Elect Director T.I. Sandvold	For	For	Management
1.10	Elect Director N. Seydoux	For	For	Management
1.11	Elect Director L.G. Stuntz	For	For	Management
1.12	Elect Director R. Talwar	For	For	Management
2	ADOPTION AND APPROVAL OF FINANCIALS AND DIVIDENDS	For	For	Management
3	ADOPTION OF MANDATORY AMENDMENTS TO THE ARTICLES OF INCORPORATION	For	For	Management
4	ADOPTION OF VOLUNTARY AMENDMENTS TO THE ARTICLES OF INCORPORATION	For	For	Management
5	APPROVAL OF ADOPTION OF THE SCHLUMBERGER 2005 OPTION PLAN	For	For	Management
6	APPROVAL OF ADOPTION OF AN AMENDMENT TO THE SCHLUMBERGER DISCOUNTED STOCK PURCHASE PLAN	For	For	Management
7	APPROVAL OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	For	For	Management

SCIENTIFIC-ATLANTA, INC.

Ticker:	SFA	Security ID:	808655104
Meeting Date:	NOV 3, 2004	Meeting Type:	Annual
Record Date:	SEP 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James I. Cash, Jr.	For	For	Management
1.2	Elect Director James F. McDonald	For	For	Management
1.3	Elect Director Terence F. McGuirk	For	For	Management
2	Ratify Auditors	For	For	Management

SEALED AIR CORP.

Ticker:	SEE	Security ID:	81211K100
Meeting Date:	MAY 20, 2005	Meeting Type:	Annual
Record Date:	MAR 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Hank Brown	For	For	Management
1.2	Elect Director Michael Chu	For	For	Management
1.3	Elect Director Lawrence R. Codey	For	For	Management
1.4	Elect Director T. J. Dermot Dunphy	For	For	Management
1.5	Elect Director Charles F. Farrell, Jr.	For	For	Management
1.6	Elect Director William V. Hickey	For	For	Management
1.7	Elect Director Jacqueline B. Kosecoff	For	For	Management
1.8	Elect Director Kenneth P. Manning	For	For	Management
1.9	Elect Director William J. Marino	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Amend Executive Incentive Bonus Plan	For	For	Management
4	Ratify Auditors	For	For	Management

Page 62

SOUTHERN COMPANY

Ticker:	SO	Security ID:	842587107
Meeting Date:	MAY 25, 2005	Meeting Type:	Annual
Record Date:	MAR 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Daniel P. Amos	For	For	Management
1.2	Elect Director Dorrit J. Bern	For	For	Management
1.3	Elect Director Francis S. Blake	For	For	Management
1.4	Elect Director Thomas F. Chapman	For	For	Management
1.5	Elect Director Bruce S. Gordon	For	For	Management
1.6	Elect Director Donald M. James	For	For	Management
1.7	Elect Director Zack T. Pate	For	For	Management
1.8	Elect Director J. Neal Purcell	For	For	Management
1.9	Elect Director David M. Ratcliffe	For	For	Management
1.10	Elect Director Gerald J. St. Pe	For	For	Management
2	Ratify Auditors	For	For	Management
3	Report on Political Contributions	Against	Against	Shareholder

SPECTRASITE, INC.

Ticker:	SSI	Security ID:	84761M104
Meeting Date:	MAY 2, 2005	Meeting Type:	Annual
Record Date:	MAR 21, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Stephen H. Clark	For	For	Management
1.2	Elect Director Timothy G. Biltz	For	For	Management
1.3	Elect Director Paul M. Albert, Jr.	For	For	Management
1.4	Elect Director John F. Chlebowski	For	For	Management
1.5	Elect Director Dean J. Douglas	For	For	Management
1.6	Elect Director Patricia L. Higgins	For	For	Management
1.7	Elect Director Samme L. Thompson	For	For	Management
1.8	Elect Director Kari-Pekka Wilska	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management

STAPLES, INC.

Ticker:	SPLS	Security ID:	855030102
Meeting Date:	JUN 13, 2005	Meeting Type:	Annual
Record Date:	APR 19, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Brenda C. Barnes	For	For	Management
1.2	Elect Director Mary Elizabeth Burton	For	For	Management
1.3	Elect Director Richard J. Currie	For	For	Management
1.4	Elect Director Rowland T. Moriarty	For	For	Management
2	Amend Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management
4	Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote	Against	Against	Shareholder

Page 63

STARBUCKS CORP.

Ticker:	SBUX	Security ID:	855244109
Meeting Date:	FEB 9, 2005	Meeting Type:	Annual
Record Date:	DEC 2, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Barbara Bass	For	For	Management
1.2	Elect Director Mellody Hobson	For	For	Management
1.3	Elect Director Olden Lee	For	For	Management
1.4	Elect Director Howard Schultz	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management
4	Commit to Free Trade certified Coffee	Against	Against	Shareholder

STARWOOD HOTELS & RESORTS WORLDWIDE, INC.

Ticker:	HOT	Security ID:	85590A203
Meeting Date:	MAY 5, 2005	Meeting Type:	Annual
Record Date:	MAR 17, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Charlene Barshefsky	For	For	Management
1.2	Elect Director Jean-Marc Chapus	For	For	Management
1.3	Elect Director Bruce W. Duncan	For	For	Management
1.4	Elect Director Steven J. Heyer	For	For	Management
1.5	Elect Director Eric Hippeau	For	For	Management
1.6	Elect Director Steven Quazzo	For	For	Management
1.7	Elect Director Thomas O. Ryder	For	For	Management
1.8	Elect Director Barry S. Sternlicht	For	For	Management
1.9	Elect Director Daniel W. Yih	For	For	Management
1.10	Elect Director Kneeland C. Youngblood	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Executive Incentive Bonus Plan	For	For	Management
4	Provide for Confidential Voting	Against	For	Shareholder
5	Expense Stock Options	Against	For	Shareholder

SUNOCO, INC.

Ticker:	SUN	Security ID:	86764P109
Meeting Date:	MAY 5, 2005	Meeting Type:	Annual
Record Date:	FEB 10, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Robert J. Darnall	For	For	Management
1.2	Elect Director John G. Drosdick	For	For	Management
1.3	Elect Director Ursula O. Fairbairn	For	For	Management
1.4	Elect Director Thomas P. Gerrity	For	For	Management
1.5	Elect Director Rosemarie B. Greco	For	For	Management
1.6	Elect Director James G. Kaiser	For	For	Management
1.7	Elect Director Richard H. Lenny	For	For	Management
1.8	Elect Director R. Anderson Pew	For	For	Management
1.9	Elect Director G. Jackson Ratcliffe	For	For	Management
1.10	Elect Director John W. Rowe	For	For	Management
1.11	Elect Director John K. Wulff	For	For	Management
2	Ratify Auditors	For	For	Management

Page 64

SUPERVALU INC.

Ticker:	SVU	Security ID:	868536103
Meeting Date:	JUN 15, 2005	Meeting Type:	Annual
Record Date:	APR 18, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Edwin C. Gage	For	For	Management
1.2	Elect Director Garnett L. Keith, Jr.	For	For	Management
1.3	Elect Director Marissa Peterson	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management
4	Require a Majority Vote for the Election of Directors	Against	For	Shareholder

TARGET CORPORATION

Ticker:	TGT	Security ID:	87612E106
Meeting Date:	MAY 18, 2005	Meeting Type:	Annual
Record Date:	MAR 21, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Roxanne S. Austin	For	For	Management
1.2	Elect Director James A. Johnson	For	For	Management
2	Ratify Auditors	For	For	Management

TEXAS INSTRUMENTS INC.

Ticker:	TXN	Security ID:	882508104
Meeting Date:	APR 21, 2005	Meeting Type:	Annual
Record Date:	FEB 22, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James R. Adams	For	For	Management
1.2	Elect Director David L. Boren	For	For	Management
1.3	Elect Director Daniel A. Carp	For	For	Management
1.4	Elect Director Carrie S. Cox	For	For	Management
1.5	Elect Director Thomas J. Engibous	For	For	Management
1.6	Elect Director Gerald W. Fronterhouse	For	For	Management
1.7	Elect Director David R. Goode	For	For	Management
1.8	Elect Director Pamela H. Patsley	For	For	Management
1.9	Elect Director Wayne R. Sanders	For	For	Management
1.10	Elect Director Ruth J. Simmons	For	For	Management
1.11	Elect Director Richard K. Templeton	For	For	Management
1.12	Elect Director Christine T. Whitman	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Qualified Employee Stock Purchase Plan	For	For	Management
4	Amend Stock Option Plan	For	For	Management

Page 65

THOMAS & BETTS CORP.

Ticker:	TNB	Security ID:	884315102
Meeting Date:	MAY 4, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Ernest H. Drew	For	For	Management
1.2	Elect Director T.Kevin Dunnigan	For	For	Management
1.3	Elect Director Jeananne K. Hauswald	For	For	Management
1.4	Elect Director Dean Jernigan	For	For	Management
1.5	Elect Director Ronald B. Kalich Sr.	For	For	Management
1.6	Elect Director Kenneth R. Masterson	For	For	Management
1.7	Elect Director Dominic J. Pileggi	For	For	Management
1.8	Elect Director Jean-Paul Richard	For	For	Management
1.9	Elect Director David D. Stevens	For	For	Management
1.10	Elect Director William H. Waltrip	For	For	Management
2	Ratify Auditors	For	For	Management

TIME WARNER INC

Ticker:	TWX	Security ID:	887317105
Meeting Date:	MAY 20, 2005	Meeting Type:	Annual
Record Date:	MAR 24, 2005

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

TOYS ‘R’ US, INC.

Ticker:	TOY	Security ID:	892335100
Meeting Date:	JUN 23, 2005	Meeting Type:	Special
Record Date:	MAY 20, 2005

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

Page 66

TRANSOCEAN INC.

Ticker:	RIG	Security ID:	G90078109
Meeting Date:	MAY 12, 2005	Meeting Type:	Annual
Record Date:	MAR 17, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Judy J. Kelly	For	For	Management
1.2	Elect Director Roberto Monti	For	For	Management
1.3	Elect Director Ian C. Strachan	For	For	Management
2	APPROVAL OF THE AMENDMENT OF OUR EMPLOYEE STOCK PURCHASE PLAN TO INCREASE THE NUMBER OF ORDINARY SHARES RESERVED FOR ISSUANCE UNDER THE PLAN FROM 2,500,000 TO 3,500,000.	For	For	Management
3	APPROVAL OF THE APPOINTMENT OF ERNST & YOUNG LLP TO SERVE AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	For	For	Management

TYCO INTERNATIONAL LTD.

Ticker:	TYC	Security ID:	902124106
Meeting Date:	MAR 10, 2005	Meeting Type:	Annual
Record Date:	JAN 10, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Dennis C. Blair	For	For	Management
1.2	Elect Director Edward D. Breen	For	For	Management
1.3	Elect Director George W. Buckley	For	For	Management
1.4	Elect Director Brian Duperreault	For	For	Management
1.5	Elect Director Bruce S. Gordon	For	For	Management
1.6	Elect Director Rajiv L. Gupta	For	For	Management
1.7	Elect Director John A. Krol	For	For	Management
1.8	Elect Director Mackey J. Mcdonald	For	For	Management
1.9	Elect Director H. Carl Mccall	For	For	Management
1.10	Elect Director Brendan R. O’Neill	For	For	Management
1.11	Elect Director Sandra S. Wijnberg	For	For	Management
1.12	Elect Director Jerome B. York	For	For	Management
2	Ratify Auditors	For	For	Management

U.S. BANCORP

Ticker:	USB	Security ID:	902973304
Meeting Date:	APR 19, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Joel W. Johnson	For	For	Management
1.2	Elect Director David B. O’Maley	For	For	Management
1.3	Elect Director O’Dell M. Owens Md, Mph	For	For	Management
1.4	Elect Director Craig D. Schnuck	For	Withhold	Management
1.5	Elect Director Warren R. Staley	For	For	Management
2	Ratify Auditors	For	For	Management
3	Reduce Supermajority Vote Requirement	For	For	Management
4	Performance- Based/Indexed Options	Against	For	Shareholder
5	Prohibit Auditor from Providing Non-Audit Services	Against	Against	Shareholder

Page 67

UNITED PARCEL SERVICE, INC.

Ticker:	UPS	Security ID:	911312106
Meeting Date:	MAY 5, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John J. Beystehner	For	For	Management
1.2	Elect Director Michael L. Eskew	For	For	Management
1.3	Elect Director James P. Kelly	For	For	Management
1.4	Elect Director Ann M. Livermore	For	For	Management
1.5	Elect Director Gary E. Macdougal	For	For	Management
1.6	Elect Director Victor A. Pelson	For	For	Management
1.7	Elect Director Lea N. Soupata	For	For	Management
1.8	Elect Director John W. Thompson	For	For	Management
1.9	Elect Director Carol B. Tome	For	For	Management
1.10	Elect Director Ben Verwaayen	For	For	Management
2	Ratify Auditors	For	For	Management

UNITED TECHNOLOGIES CORP.

Ticker:	UTX	Security ID:	913017109
Meeting Date:	APR 13, 2005	Meeting Type:	Annual
Record Date:	FEB 15, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director George David	For	For	Management
1.2	Elect Director Jean-Pierre Garnier	For	For	Management
1.3	Elect Director Jamie S. Gorelick	For	For	Management
1.4	Elect Director Charles R. Lee	For	For	Management
1.5	Elect Director Richard D. McCormick	For	For	Management
1.6	Elect Director Harold McGraw III	For	For	Management
1.7	Elect Director Frank P. Popoff	For	For	Management
1.8	Elect Director H. Patrick Swygert	For	For	Management
1.9	Elect Director Andre Villeneuve	For	For	Management
1.10	Elect Director H. A. Wagner	For	For	Management
1.11	Elect Director Christine Todd Whitman	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Increase Disclosure of Executive Compensation	Against	Against	Shareholder
5	Adopt Ethical Criteria for Military Contracts	Against	Against	Shareholder
6	Limit Executive Compensation	Against	Against	Shareholder

UNITEDHEALTH GROUP INCORPORATED

Ticker:	UNH	Security ID:	91324P102
Meeting Date:	MAY 3, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Thomas H. Kean	For	For	Management
1.2	Elect Director Robert L. Ryan	For	For	Management
1.3	Elect Director William G. Spears	For	For	Management
1.4	Elect Director Gail R. Wilensky, Ph.D.	For	For	Management
2	Ratify Auditors	For	For	Management
3	Performance-Based/Indexed Options	Against	For	Shareholder
4	Performance-Based/Indexed Options	Against	For	Shareholder

Page 68

VALERO ENERGY CORP.

Ticker:	VLO	Security ID:	91913Y100
Meeting Date:	APR 28, 2005	Meeting Type:	Annual
Record Date:	MAR 1, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director W.E. Bill Bradford	For	For	Management
1.2	Elect Director Ronald K. Calgaard	For	For	Management
1.3	Elect Director William E. Greehey	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management

VALERO ENERGY CORP.

Ticker:	VLO	Security ID:	91913Y100
Meeting Date:	SEP 13, 2004	Meeting Type:	Special
Record Date:	JUL 27, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Increase Authorized Common Stock	For	Against	Management

VERITAS SOFTWARE CORP.

Ticker:	VRTS	Security ID:	923436109
Meeting Date:	AUG 25, 2004	Meeting Type:	Annual
Record Date:	JUN 28, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Michael Brown	For	For	Management
1.2	Elect Director Kurt J. Lauk	For	For	Management
1.3	Elect Director Fred van den Bosch	For	For	Management
2	Amend Stock Option Plan	For	For	Management
3	Ratify Auditors	For	For	Management

VERITAS SOFTWARE CORP.

Ticker:	VRTS	Security ID:	923436109
Meeting Date:	JUN 24, 2005	Meeting Type:	Special
Record Date:	MAY 12, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Merger Agreement	For	For	Management
2	Adjourn Meeting	For	For	Management

Page 69

VERIZON COMMUNICATIONS

Ticker:	VZ	Security ID:	92343V104
Meeting Date:	MAY 5, 2005	Meeting Type:	Annual
Record Date:	MAR 7, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James R. Barker	For	For	Management
1.2	Elect Director Richard L. Carrion	For	For	Management
1.3	Elect Director Robert W. Lane	For	For	Management
1.4	Elect Director Sandra O. Moose	For	For	Management
1.5	Elect Director Joseph Neubauer	For	Withhold	Management
1.6	Elect Director Thomas H. O’ Brien	For	For	Management
1.7	Elect Director Hugh B. Price	For	For	Management
1.8	Elect Director Ivan G. Seidenberg	For	For	Management
1.9	Elect Director Walter V. Shipley	For	For	Management
1.10	Elect Director John R. Stafford	For	For	Management
1.11	Elect Director Robert D. Storey	For	For	Management
2	Ratify Auditors	For	For	Management
3	Provide for Cumulative Voting	Against	For	Shareholder
4	Require a Majority Vote for the Election of Directors	Against	For	Shareholder
5	Require Majority of Independent Directors on Board	Against	Against	Shareholder
6	Separate Chairman and CEO Positions	Against	For	Shareholder
7	Amend Director/Officer Liability/Indemnifications Provisions	Against	Against	Shareholder
8	Report on Political Contributions	Against	Against	Shareholder

WACHOVIA CORP.

Ticker:	WB	Security ID:	929903102
Meeting Date:	APR 19, 2005	Meeting Type:	Annual
Record Date:	FEB 16, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John D. Baker, II	For	For	Management
1.2	Elect Director Peter C. Browing	For	For	Management
1.3	Elect Director Donald M. James	For	For	Management
1.4	Elect Director Van L. Richey	For	For	Management
1.5	Elect Director G. Kennedy Thompson	For	For	Management
1.6	Elect Director John C. Whitaker, Jr.	For	For	Management
1.7	Elect Director Wallace D. Malone, Jr.	For	For	Management
1.8	Elect Director Robert J. Brown	For	For	Management
2	Ratify Auditors	For	For	Management

WACHOVIA CORP.

Ticker:	WB	Security ID:	929903102
Meeting Date:	OCT 28, 2004	Meeting Type:	Special
Record Date:	AUG 20, 2004

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

Page 70

WAL-MART STORES, INC.

Ticker:	WMT	Security ID:	931142103
Meeting Date:	JUN 3, 2005	Meeting Type:	Annual
Record Date:	APR 5, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director James W. Breyer	For	For	Management
1.2	Elect Director M. Michele Burns	For	For	Management
1.3	Elect Director Douglas N. Daft	For	For	Management
1.4	Elect Director David D. Glass	For	For	Management
1.5	Elect Director Roland A. Hernandez	For	For	Management
1.6	Elect Director John D. Opie	For	For	Management
1.7	Elect Director J. Paul Reason	For	For	Management
1.8	Elect Director H. Lee Scott, Jr.	For	For	Management
1.9	Elect Director Jack C. Shewmaker	For	For	Management
1.10	Elect Director Jose H. Villarreal	For	For	Management
1.11	Elect Director John T. Walton	For	For	Management
1.12	Elect Director S. Robson Walton	For	For	Management
1.13	Elect Director Christopher J. Williams	For	For	Management
1.14	Elect Director Linda S. Wolf	For	For	Management
2	Amend Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management
4	Report on Executive Compensation	Against	Against	Shareholder
5	Prepare Sustainability Report	Against	For	Shareholder
6	Report on Stock Option Distribution by Race and Gender	Against	Against	Shareholder
7	Report on Political Contributions	Against	Against	Shareholder
8	Prepare Equal Opportunity Report	Against	Against	Shareholder
9	Require a Majority Vote for the Election of Directors	Against	For	Shareholder
10	Require Majority of Independent Directors on Board	Against	Against	Shareholder
11	Performance-Based/Indexed Options	Against	Against	Shareholder

WALGREEN CO.

Ticker:	WAG	Security ID:	931422109
Meeting Date:	JAN 12, 2005	Meeting Type:	Annual
Record Date:	NOV 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director David W. Bernauer	For	For	Management
1.2	Elect Director William C. Foote	For	For	Management
1.3	Elect Director James J. Howard	For	For	Management
1.4	Elect Director Alan G. McNally	For	For	Management
1.5	Elect Director Cordell Reed	For	For	Management
1.6	Elect Director Jeffrey A. Rein	For	For	Management
1.7	Elect Director David Y. Schwartz	For	For	Management
1.8	Elect Director John B. Schwemm	For	For	Management
1.9	Elect Director Marilou M. Von Ferstel	For	For	Management
1.10	Elect Director Charles R. Walgreen III	For	For	Management
2	Ratify Auditors	For	For	Management
3	Separate Chairman and CEO Positions	Against	For	Shareholder

Page 71

WALT DISNEY COMPANY, THE

Ticker:	DIS	Security ID:	254687106
Meeting Date:	FEB 11, 2005	Meeting Type:	Annual
Record Date:	DEC 17, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director John E. Bryson	For	For	Management
1.2	Elect Director John S. Chen	For	For	Management
1.3	Elect Director Michael D. Eisner	For	For	Management
1.4	Elect Director Judith L. Estrin	For	For	Management
1.5	Elect Director Robert A. Iger	For	For	Management
1.6	Elect Director Fred H. Langhammer	For	For	Management
1.7	Elect Director Aylwin B. Lewis	For	For	Management
1.8	Elect Director Monica C. Lozano	For	For	Management
1.9	Elect Director Robert W. Matschullat	For	For	Management
1.10	Elect Director George J. Mitchell	For	For	Management
1.11	Elect Director Leo J. O’Donovan, S.J.	For	For	Management
1.12	Elect Director Gary L. Wilson	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Prohibit Greenmail Payments	Against	For	Shareholder
5	Report on Vendor Standards in China	Against	Against	Shareholder

WASHINGTON MUTUAL, INC

Ticker:	WM	Security ID:	939322103
Meeting Date:	APR 19, 2005	Meeting Type:	Annual
Record Date:	FEB 28, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Phillip D. Matthews	For	For	Management
1.2	Elect Director Mary E. Pugh	For	For	Management
1.3	Elect Director William G. Reed, Jr.	For	For	Management
1.4	Elect Director James H. Stever	For	For	Management
2	Ratify Auditors	For	For	Management

WATERS CORP.

Ticker:	WAT	Security ID:	941848103
Meeting Date:	MAY 4, 2005	Meeting Type:	Annual
Record Date:	MAR 15, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Joshua Bekenstein	For	For	Management
1.2	Elect Director Michael J. Berendt, Ph. D.	For	For	Management
1.3	Elect Director Douglas A. Berthiaume	For	For	Management
1.4	Elect Director Edward Conard	For	For	Management
1.5	Elect Director Laurie H. Glimcher	For	For	Management
1.6	Elect Director William J. Miller	For	For	Management
1.7	Elect Director Thomas P. Salice	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Omnibus Stock Plan	For	For	Management
4	Approve Executive Incentive Bonus Plan	For	For	Management
5	Other Business	For	For	Management

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WELLPOINT INC

Ticker:	WLP	Security ID:	94973V107
Meeting Date:	MAY 10, 2005	Meeting Type:	Annual
Record Date:	MAR 18, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director William H.T. Bush	For	For	Management
1.2	Elect Director Warren Y. Jobe	For	For	Management
1.3	Elect Director William G. Mays	For	For	Management
1.4	Elect Director Senator Donald W. Riegle, Jr.	For	For	Management
1.5	Elect Director William J. Ryan	For	For	Management
2	Ratify Auditors	For	For	Management
3	Performance-Based/Indexed Options	Against	For	Shareholder

WELLS FARGO & COMPANY

Ticker:	WFC	Security ID:	949746101
Meeting Date:	APR 26, 2005	Meeting Type:	Annual
Record Date:	MAR 8, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director J.A. Blanchard III	For	For	Management
1.2	Elect Director Susan E. Engel	For	For	Management
1.3	Elect Director Enrique Hernandez, Jr.	For	For	Management
1.4	Elect Director Robert L. Joss	For	For	Management
1.5	Elect Director Reatha Clark King	For	For	Management
1.6	Elect Director Richard M. Kovacevich	For	For	Management
1.7	Elect Director Richard D. McCormick	For	For	Management
1.8	Elect Director Cynthia H. Milligan	For	Withhold	Management
1.9	Elect Director Philip J. Quigley	For	For	Management
1.10	Elect Director Donald B. Rice	For	Withhold	Management
1.11	Elect Director Judith M. Runstad	For	Withhold	Management
1.12	Elect Director Stephen W. Sanger	For	For	Management
1.13	Elect Director Susan G. Swenson	For	For	Management
1.14	Elect Director Michael W. Wright	For	Withhold	Management
2	Amend Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management
4	Adopt Policy on Payday Lenders	Against	Against	Shareholder
5	Link Executive Compensation to Predatory Lending	Against	Against	Shareholder
6	Performance-Based/Indexed Options	Against	Against	Shareholder
7	Limit Executive Compensation	Against	Against	Shareholder
8	Separate Chairman and CEO Positions	Against	For	Shareholder

WEYERHAEUSER CO.

Ticker:	WY	Security ID:	962166104
Meeting Date:	APR 21, 2005	Meeting Type:	Annual
Record Date:	FEB 25, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director D. Michael Steuart	For	For	Management
1.2	Elect Director Martha R. Ingram	For	For	Management
1.3	Elect Director John I. Kieckhefer	For	For	Management
1.4	Elect Director Arnold G. Langbo	For	For	Management

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1.5	Elect Director Charles R. Williamson	For	For	Management
2	Expense Stock Options	Against	For	Shareholder
3	Declassify the Board of Directors	Against	For	Shareholder
4	Performance-Based/Indexed Options	Against	For	Shareholder
5	Report on Eliminating the Purchase of Timber from National Forests	Against	Against	Shareholder
6	Ratify Auditors	For	For	Management

WYETH

Ticker:	WYE	Security ID:	983024100
Meeting Date:	APR 21, 2005	Meeting Type:	Annual
Record Date:	MAR 4, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Richard L. Carrion	For	For	Management
1.2	Elect Director Robert Essner	For	For	Management
1.3	Elect Director John D. Feerick	For	For	Management
1.4	Elect Director Frances D. Fergusson	For	For	Management
1.5	Elect Director Robert Langer	For	For	Management
1.6	Elect Director John P. Mascotte	For	For	Management
1.7	Elect Director Mary Lake Polan	For	For	Management
1.8	Elect Director Ivan G. Seidenberg	For	For	Management
1.9	Elect Director Walter V. Shipley	For	For	Management
1.10	Elect Director John R. Torell III	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve Omnibus Stock Plan	For	For	Management
4	Review and Report on Drug Reimportation Policy	Against	Against	Shareholder
5	Separate Chairman and CEO Positions	Against	For	Shareholder
6	Report on Political Contributions	Against	Against	Shareholder
7	Discontinue Promotion of Premarin and Report on Animal Testing	Against	Against	Shareholder

YAHOO!, INC.

Ticker:	YHOO	Security ID:	984332106
Meeting Date:	MAY 19, 2005	Meeting Type:	Annual
Record Date:	MAR 23, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Terry S. Semel	For	For	Management
1.2	Elect Director Jerry Yang	For	For	Management
1.3	Elect Director Roy J. Bostock	For	For	Management
1.4	Elect Director Ronald W. Burkle	For	For	Management
1.5	Elect Director Eric Hippeau	For	For	Management
1.6	Elect Director Arthur H. Kern	For	Withhold	Management
1.7	Elect Director Robert A. Kotick	For	Withhold	Management
1.8	Elect Director Edward R. Kozel	For	For	Management
1.9	Elect Director Gary L. Wilson	For	Withhold	Management
2	Amend Omnibus Stock Plan	For	For	Management
3	Amend Non-Employee Director Stock Option Plan	For	For	Management
4	Ratify Auditors	For	For	Management

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YUM BRANDS, INC.

Ticker:	YUM	Security ID:	988498101
Meeting Date:	MAY 19, 2005	Meeting Type:	Annual
Record Date:	MAR 21, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Declassify the Board of Directors	For	For	Management
2.1	Elect Director David W. Dorman	For	For	Management
2.2	Elect Director Massimo Ferragamo	For	For	Management
2.3	Elect Director J. David Grissom	For	For	Management
2.4	Elect Director Bonnie Hill	For	For	Management
2.5	Elect Director Robert Holland, Jr.	For	For	Management
2.6	Elect Director Kenneth G. Langone	For	For	Management
2.7	Elect Director Jonathan S. Linen	For	For	Management
2.8	Elect Director David C. Novak	For	For	Management
2.9	Elect Director Andrall E. Pearson	For	For	Management
2.10	Elect Director Thomas M. Ryan	For	For	Management
2.11	Elect Director Jackie Trujillo	For	For	Management
2.12	Elect Director Robert J. Ulrich	For	For	Management
3	Elect Directors David W. Dorman, Massimo Ferragamo, Thomas M. Ryan, Robert Ulrich and Jonathan Linen	For	For	Management
4	Ratify Auditors	For	For	Management
5	Sustainability Report	Against	For	Shareholder
6	Prepare a Diversity Report	Against	Against	Shareholder
7	Adopt MacBride Principles	Against	Against	Shareholder
8	Report on Genetically Modified Organisms (GMO)	Against	Against	Shareholder
9	Report on Animal Welfare Standards	Against	Against	Shareholder

ZIMMER HOLDINGS INC

Ticker:	ZMH	Security ID:	98956P102
Meeting Date:	MAY 2, 2005	Meeting Type:	Annual
Record Date:	MAR 15, 2005

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director J. Raymond Elliott	For	For	Management
2	Amend Stock Option Plan	For	For	Management
3	Ratify Auditors	For	For	Management
4	Prohibit Auditor from Providing Non-Audit Services	Against	Against	Shareholder

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SIGNATURES

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

MANAGED ASSETS TRUST
By:	/s/ Elizabeth M. Forget
	Elizabeth M. Forget
	President
Date:	August 26, 2005